Yuanluo Technology
Series A in 2025
Yuanluo Technology is committed to providing innovative robotic solutions across multiple industries, including health, logistics, and service sectors.
Robot Era
Venture Round in 2025
Robot Era is a technology company focused on developing embodied intelligence and generic humanoid robot technologies. Its primary goal is to create adaptable, high-intelligence humanoid robots designed for various fields and scenarios, with the aim of integrating these intelligent robots into everyday households.
Zhipu AI
Venture Round in 2024
Zhipu AI is a data company focused on developing an AI-based large model platform that offers API services tailored to various customer needs. The company provides a range of smart application products, including the scientific and technological information analysis engine "AMiner" and AI cognitive engines such as CodeGeeX and CogView. These tools are designed to help users automate and optimize digital tasks, thereby reducing the required manual labor. Zhipu AI's advanced applications are built on its General Language Model (GLM) series, capable of handling tasks in both Chinese and English, making its offerings versatile and applicable across different linguistic contexts.
ABLY
Corporate Round in 2024
Ably Corporation is a fashion platform that facilitates a marketplace where customers can sell products to one another. The platform features a forum that allows influencers and celebrities to create online stores, showcasing and selling products directly. This enables consumers to stay informed about the latest fashion trends and purchase clothing similar to that worn by their favorite public figures. Through its application, Ably aims to enhance the shopping experience by connecting users with trendy apparel and fostering a community around fashion.
Robot Era
Seed Round in 2024
Robot Era is a technology company focused on developing embodied intelligence and generic humanoid robot technologies. Its primary goal is to create adaptable, high-intelligence humanoid robots designed for various fields and scenarios, with the aim of integrating these intelligent robots into everyday households.
Connectly.ai
Series B in 2024
Connectly.ai is a conversational commerce company that focuses on simplifying how small and medium-sized businesses harness their customer messages to transform connections into revenue. Its business solution drives sales for message-first SMBs by running all stages of the customer support and marketing funnel, enabling campaign activation and retargeting, and removing the friction from message-driven sales by treating customers like people, not tickets.
Zhipu AI is a data company focused on developing an AI-based large model platform that offers API services tailored to various customer needs. The company provides a range of smart application products, including the scientific and technological information analysis engine "AMiner" and AI cognitive engines such as CodeGeeX and CogView. These tools are designed to help users automate and optimize digital tasks, thereby reducing the required manual labor. Zhipu AI's advanced applications are built on its General Language Model (GLM) series, capable of handling tasks in both Chinese and English, making its offerings versatile and applicable across different linguistic contexts.
Moonshot AI
Series B in 2024
Moonshot AI is a company focused on transforming energy into intelligence and enhancing user interaction through its innovative product offerings. It specializes in the research and development of generative artificial intelligence models, aiming to advance the artificial general intelligence (AGI) industry. The founding team comprises experienced professionals who have contributed to the development of notable models such as Google Gemini and Google Bard. Through its commitment to AI research, Moonshot AI seeks to provide valuable solutions and insights within the evolving landscape of artificial intelligence.
Intelligent Learning
Series B in 2024
Intelligent Learning is an artificial intelligence and robotics company focused on enhancing educational outcomes through technology. The company has developed an AI-based learning platform that offers predictions regarding exam coverage, thereby aiding students in their studies. By providing innovative learning resources tailored to supplement education outside of traditional classroom settings, Intelligent Learning aims to improve the overall learning experience and outcomes for students. Through its commitment to leveraging advanced technology, the company addresses the evolving needs of education in a digital age.
Lazada
Corporate Round in 2024
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.
Changpei Literature
Corporate Round in 2024
Changpei Literature Network optimizes literary content and copyright sales, focusing on outstanding authors. With hundreds of works, it offers scientific author training and promotes works across various channels, integrating writing, reading, and copyright operations.
Founded in December 2021, MiniMax has been dedicated to the development of large-scale AI models from its inception. Its focus on cutting-edge research and practical applications has established it as a leader in the field. In April 2023, MiniMax launched its API platform, enabling enterprises to access large language model capabilities. By June, it introduced Talkie, an AI-native character community application aimed at international markets. November 2023 saw the release of MiniMax’s speech large model, further expanding its multimodal capabilities. In April 2024, MiniMax debuted the abab6.5 series, featuring a trillion-parameter MoE architecture, alongside the launch of the Hailuo AI App. September 2024 marked the release of Hailuo AI Video, empowering creators with AI-driven video tools. In November, MiniMax unveiled the abab7-preview model, pushing the boundaries of AI in text, mathematics, and multimedia processing. Today, MiniMax’s models handle 3 billion daily interactions, process over 3 trillion tokens, generate 20 million images, and produce 70,000 hours of speech every day, demonstrating its profound impact on global AI innovation.
Moonshot AI
Series B in 2024
Moonshot AI is a company focused on transforming energy into intelligence and enhancing user interaction through its innovative product offerings. It specializes in the research and development of generative artificial intelligence models, aiming to advance the artificial general intelligence (AGI) industry. The founding team comprises experienced professionals who have contributed to the development of notable models such as Google Gemini and Google Bard. Through its commitment to AI research, Moonshot AI seeks to provide valuable solutions and insights within the evolving landscape of artificial intelligence.
XReal Technology
Venture Round in 2024
XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.
Lazada
Corporate Round in 2023
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.
11Street
Acquisition in 2023
11Street is an online marketplace that offers a diverse range of products, including clothing, beauty items, sports equipment, groceries, household goods, and electronics. The platform is designed to enhance the shopping experience for both customers and sellers by providing a fast and convenient global shopping portal. Through its extensive selection of brand fashion and accessories, 11Street aims to cater to the varied needs of consumers while facilitating seamless transactions between buyers and sellers.
Baichuan Intelligence
Series A in 2023
Baichuan Intelligence develops general artificial intelligence services to build large model bases. The company's mission is to create a Chinese version of the OpenAI basic model and disruptive upper-level applications and enhance language AI in search, multi-modal, education, medical, and other aspects.
Lazada
Corporate Round in 2023
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.
Hengyu Medical
Series C in 2023
Hengyu Medical is a medical device firm focused on R&D and production of IVUS and optical coherence tomography, and catheter equipment.
Lazada
Corporate Round in 2023
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.
Mirauge3D
Series A in 2023
Mirauge3D is a fully automatic, efficient, 2D and 3D integrated image intelligent modeling system. They offer software that supports multi-core parallel processing architectures and GPU cluster computing.
Jiecheng New Energy
Series B in 2023
Jiecheng New Energy specializes in the recycling and procurement of decommissioned power batteries from new energy vehicles, as well as lithium battery-related waste materials. The company offers a range of services including storage, transportation, cascade utilization, dismantling, regeneration, metallurgy, and refining. By focusing on comprehensive recycling solutions for retired electric vehicle batteries, Jiecheng New Energy aims to contribute to global carbon neutrality goals and promote sustainable practices within the industry.
Mol Breeding
Series A in 2023
Molbreeding is a biotechnology company specializing in molecular breeding technology for both animals and plants. It offers advanced genotyping solutions aimed at enhancing breeding processes. The firm emphasizes research and development in this field, utilizing proprietary technologies such as GenoPlexs and GenoBaits. These innovations provide customers with high capture efficiency, extensive coverage, and adaptable sample options, all while maintaining cost-effective custom services. Molbreeding's focus on molecular breeding positions it as a key player in the advancement of agricultural biotechnology.
UniUni is a developer of a B2B delivery services platform focused on enhancing shipping solutions for the e-commerce and logistics sectors. The company utilizes innovative technology to automate the package sorting process and facilitate efficient last-mile delivery. By providing reliable, cost-effective, and flexible services, UniUni enables e-commerce businesses to thrive by ensuring that products are safely delivered directly to consumers' doorsteps. Its approach positions UniUni as a key player in the evolving landscape of delivery services in North America.
Lazada
Corporate Round in 2022
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.
Yahaha is a platform designed for the creation and operation of interactive, real-time 3D content, primarily focused on metaverse games. It enables both developers and players to create their own games using a user-friendly, code-free interface. Yahaha's tools and templates are tailored for creators of all skill levels, ensuring that even those with no prior experience in 3D game development can bring their ideas to life. The platform fosters a vibrant social community where users can share their creations, play games developed by others, and engage in collaborative experiences. Yahaha streamlines the processes of creation, testing, distribution, and monetization, significantly lowering the barriers traditionally associated with 3D content production.
Suihuan Technology
Series A in 2022
Suihuan Technology is a cutting-edge immersive and interactive 3D content service platform. It uses its own virtual live broadcast software, an intelligent engine for creating 3D digital content, mass content full-stack technology, and product services.
OptoMedic
Venture Round in 2022
OptoMedic is a company focused on the research, development, and production of advanced optical medical devices and systems. It specializes in medical fluorescence navigation endoscopes that leverage aerospace and military optical technology for medical applications. Its product portfolio includes endoscopic monitoring equipment, cancer screening tools, endoscopic navigation systems, and fluorescent imaging systems. These innovations are designed to enhance the ability of medical institutions and healthcare professionals to effectively assess and monitor patient conditions.
Lazada
Corporate Round in 2022
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.
Cabana is a new home furnishings retail brand focusing on global design furniture. Cabana offers modern design furniture, lamps, and lifestyle brand products. Cabana provides a variety of products and exclusive services for new consumers.
Bitmark Inc. is a technology company that focuses on creating a digital property system aimed at securing ownership claims for personal data. Founded in 2014 and headquartered in Taipei, Taiwan, with additional offices in Cupertino, California; Reykjavík, Iceland; and Đà Nẵng, Vietnam, Bitmark leverages specialized blockchain technology to transform personal data into property that can be sold, licensed, and transferred directly between individuals. This innovative approach facilitates the establishment of digital property rights and ensures the secure provenance of data without relying on trusted third parties. Bitmark's solutions are utilized across various sectors, including healthcare, music, and art, by notable organizations such as UC Berkeley, Pfizer, and KKBOX, thereby restoring trust in data and enhancing users' safety and independence online.
Lazada
Secondary Market in 2022
Lazada is a leading e-commerce platform operating in Southeast Asia, with a presence in Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It serves as an online shopping and selling destination for over 100,000 local and international sellers, as well as 2,500 brands, connecting them with the region's 560 million consumers. Lazada's marketplace platform is supported by a wide range of tailored marketing, data, and service solutions, ensuring a seamless shopping experience through a vast network of logistics partners and its own first- and last-mile delivery capabilities. It offers multiple payment methods, including cash-on-delivery, extensive customer care, and free returns, enabling a diverse product range from consumer electronics to fashion and sports equipment.
XReal Technology
Series C in 2022
XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.
FAIR is a collaborative robot company that has research and development and manufacturing capabilities for robot core components and complete machine systems such as robot controllers, precision reducers, and servo systems.
Jida Transportation
Venture Round in 2022
Jida Traffic is a technology company in the field of traffic simulation. Its main product is the domestic TESS NG micro traffic simulation software. The company is committed to leading the technological development and engineering value application of the micro-traffic simulation industry.
KNOWIN Trend Lab
Venture Round in 2021
Knowin is a vertical community e-commerce platform for sports categories dedicated to creating a trendy fashion space for young people.
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, specializing in the buying and selling of used cars. Founded in 2015, CARS24 operates as a subsidiary of Global Car Group and has developed a tech-enabled marketplace that transforms the process of selling pre-owned vehicles. The company offers car inspection and valuation services, utilizing an AI-driven pricing algorithm to provide accurate market and appraisal prices. This innovative approach facilitates secure and efficient transactions, enabling car owners to sell their vehicles at fair prices through a network of channel partners across various cities in India. Additionally, CARS24 offers vehicle lending products, expanding its services within the automotive finance sector.
Vastai Technologies
Series B in 2021
Vastai Technologies is a company that specializes in the development of semiconductor chips aimed at enhancing computer vision and video processing capabilities. By creating advanced AI chips, Vastai Technologies provides the necessary computing power for artificial intelligence visual applications. This enables manufacturers of computer devices to integrate cutting-edge chip technology into their products, thereby improving performance in various AI-driven tasks. The company's focus on optimizing these technologies positions it as a key player in the semiconductor industry, particularly in applications related to video and image analysis.
T11 Food Market
Series B in 2021
T11 Food Market operates a retail supermarket that provides fresh groceries through both an online platform and physical stores. The company utilizes smart retail technology to enhance supply chain operations, ensuring the delivery of high-quality fresh food products. By combining online accessibility with offline shopping experiences, T11 Food Market aims to offer customers a safe and efficient way to obtain fresh groceries.
Figorr is a company that specializes in cold chain solutions, providing temperature-controlled products and comprehensive temperature monitoring services. It focuses on understanding the specific challenges faced by various markets that require reliable temperature management. Figorr offers enterprise software designed for real-time monitoring and tracking of temperature-sensitive items. This software provides clients with crucial information regarding temperature, humidity, and location of their cold chain products, alongside auto-generated reports that summarize cold storage performance over designated periods. By ensuring accurate and timely data, Figorr enables clients to obtain both qualitative and quantitative insights into their temperature-sensitive deliveries, enhancing overall supply chain efficiency.
Enda Athletic
Grant in 2021
Enda Athletic is a Kenyan sports shoe company established in 2015 by Navalayo Osembo and Weldon Kennedy. Based in Nairobi, the brand specializes in producing footwear designed for both athletic performance and casual wear. Enda aims to leverage Kenya’s renowned reputation for exceptional long-distance runners, drawing inspiration from the country's rich running culture. The company's mission centers on sharing this excellence with runners worldwide, promoting a connection between the global athletic community and the heritage of Kenyan running.
Publiseer is a free book and music publishing platform for Nigerian authors and artists.
Aptech Africa
Grant in 2021
Aptech Africa is a company specializing in solar energy solutions, primarily catering to the commercial and industrial sectors. It offers a comprehensive range of services, including the installation of solar panels, energy storage technology, solar water heaters, and solar streetlights. Additionally, Aptech Africa is involved in borehole drilling, water pumping and distribution, water treatment, and irrigation. The company also addresses energy needs through power transmission, substation maintenance, and power distribution. By providing off-grid and hybrid alternatives, Aptech Africa aims to facilitate access to clean electricity and water, ultimately enhancing the quality of life for communities across Africa.
PraxiLabs is an e-learning company founded in 2016 and headquartered in Al Qahirah, Egypt, specializing in the development of 3D virtual lab software designed to enhance STEM education. The company provides accessible, usable, and affordable virtual science labs that allow students to engage in interactive simulations of physics, chemistry, and biology experiments. By offering these low-immersion virtual reality labs, PraxiLabs aims to create equal opportunities for students, enabling educational institutions to improve the learning experience and foster a deeper understanding of scientific concepts. The continuous development of their product is driven by a dedicated team of programmers and education specialists who recognize the critical role of experimentation in science education.
IRIBA Water Group
Grant in 2021
IRIBA Water Group is a social enterprise offering water solutions to communities, institutions, homes, and individuals. They install eco-friendly water ATMs and kiosks for public drinking water points in urban and peri-urban low-income communities.
Releaf is a Nigerian supply chain technology firm established in 2017 that operates as an online marketplace connecting agribusiness buyers and sellers. The company focuses on sourcing ingredients for African food factories, particularly targeting crops such as cassava, palm oil, ginger, cashew nuts, fish, maize, cocoa, kola nuts, yam, and sesame seeds. By utilizing digital technologies, including USSD and open banking, Releaf engages with over 2,000 smallholder farmers, facilitating the supply of high-quality palm kernel nuts to food manufacturers. The firm also provides extension services to these farmers and converts raw materials into factory-grade inputs for the vegetable oil sector. With a vision to create climate-adaptive supply chains in response to Africa's growing population, Releaf aims to enhance efficiency in food production and support the agricultural ecosystem.
Sandbox VR
Series B in 2021
Sandbox VR, Inc., founded in 2016 and based in Los Angeles, California, specializes in providing premium virtual reality gaming experiences. The company utilizes advanced technologies such as full-body motion capture and virtual reality to create fully immersive environments that allow users to engage in social multiplayer games. By combining real-time motion capture with VR, Sandbox VR offers a unique and engaging experience that transports players into interactive storylines, making it one of the leading providers of immersive virtual reality entertainment. Additionally, Sandbox VR has expanded its presence to locations in the Bay Area and Hong Kong, further establishing itself in the global VR market.
Hello TransTech
Venture Round in 2021
Hellobike develops and provides a bike sharing mobile application. Its application promotes the development of the shared bicycle segment market through the cooperation with the traditional car rental businesses and scenic spot supervision agencies of the tourist attractions. Han Mei founded Hellobike in 2016 as Shanghai Junzheng Network Technology. Its headquarters is in Shanghai in China.
Xiaohongshu
Series E in 2021
Xiaohongshu, founded in 2013 and based in Shanghai, China, is a lifestyle sharing platform that allows users to share experiences through text, images, and videos. Initially aimed at assisting overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle areas, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform serves as a social e-commerce space where users can post their favorite products, share shopping experiences, and discover global merchandise, particularly in luxury and beauty sectors. By fostering user-generated content, Xiaohongshu encourages a collaborative environment for lifestyle enthusiasts to exchange insights and recommendations.
DGene is a provider of virtual and augmented reality solutions, focusing on a diverse range of applications across various industries. Its technology is utilized in digital entertainment, real estate, education, healthcare, and tourism. DGene leverages artificial intelligence and emerging technologies to enhance content creation, offering innovative solutions such as AI actors, virtual production, visual effects, and digital influencers. The company also specializes in real-time holograms and 3D reconstruction, catering to the evolving needs of e-commerce, cinema, and broadcasting sectors. Through its advancements, DGene aims to transform how users interact with and experience digital environments.
Guangzhou Creative Biosciences
Series D in 2021
Guangzhou Creative Biosciences, established in Guangzhou, China, specializes in the research, development, production, and sales of diagnostic kits for colorectal cancer screening. Their primary product is a non-invasive fecal DNA screening kit, which enables early detection of colorectal cancer by interpreting genetic abnormalities in feces. Additionally, the company offers diagnostic kits and equipment for lung cancer.
Glenfly
Seed Round in 2021
Glenfly is a provider of GPU graphics and image solutions, specializing in both software and hardware-integrated technologies. The company focuses on developing graphics processing units and active-matrix organic light-emitting diode (AMOLED) display solutions tailored for a variety of display products, including smartphones, tablets, smartwatches, laptops, and desktop monitors. Glenfly aims to deliver high-performance independent display chips and GPU design services to enhance user experience across multiple devices.
Matridx
Funding Round in 2021
Matridx is a company based in Hangzhou, China, specializing in the development, production, and sales of molecular diagnostic products aimed at diagnosing infectious diseases. The company utilizes advanced technologies such as CRISPR/Cas gene editing and high-throughput sequencing to create genetic testing kits that enhance the accuracy and efficiency of diagnostics. One of Matridx's notable offerings is the Potential Diagnostic Clue (PDC-Seq), which enables comprehensive sequencing of nucleic acids from samples taken from infected patients. By focusing on simplifying and accelerating the diagnostic process, Matridx aims to provide reliable genetic testing solutions that significantly improve the identification of infectious pathogens.
Ninja Van
Series E in 2021
Ninja Van is a logistics startup focused on addressing the last mile delivery challenges in Southeast Asia. The company offers delivery services designed for businesses of all sizes, utilizing advanced technology to streamline the delivery process. Through a user-friendly interface, customers can easily create delivery orders and monitor their progress in real-time, receiving updates via email and SMS. Ninja Van's innovative solutions aim to enhance the reliability and speed of deliveries, ensuring a hassle-free experience for both businesses and their customers.
Jiangsu Kangzhong Shiye Investment operates a retail chain, Carzone, that deals in and retails automotive post-market parts. The company was founded in 1995 and is based in Nanjing, China.
Deeproute
Series B in 2021
DeepRoute.ai focuses on creating autonomous driving solutions that enhance safety and reliability in transportation. The company offers products like Driver 3.0, which enables point-to-point navigation without high-definition maps, and has accumulated over 15 million kilometers of road testing with zero accidents.
AliExpress Russia JV
Funding Round in 2021
AliExpress Russia is a prominent e-commerce platform that facilitates cross-border and domestic online shopping in Russia. It provides an online marketplace where consumers can buy and sell a diverse range of products. The platform is designed to enhance the e-commerce infrastructure in the region, catering to the needs of both local and international sellers. With its user-friendly interface and extensive product offerings, AliExpress Russia aims to connect buyers and sellers effectively, contributing to the growth of online retail in the country.
Banma Network
Corporate Round in 2021
Banma Network Technologies is a global vehicle solution platform focused on the automotive and transportation industries. The company specializes in developing smart car operating systems and digital transportation solutions, aiming to enhance the connectivity and functionality of vehicles. By offering its AliOS in-car operating system to developers and car manufacturers, Banma seeks to facilitate the integration of connected car technologies, ultimately optimizing the user experience in smart mobility. Through its innovative services, Banma Network is committed to realizing the full potential of connected vehicles and transforming the travel industry.
GOGOX
Venture Round in 2021
GoGoX, established in 2013, is a pioneering app-based platform for intra-city logistics services in Asia, providing innovative and efficient delivery solutions. The company connects individuals and businesses with a network of thousands of drivers, facilitating real-time delivery needs and enhancing the overall delivery experience. Initially based in Hong Kong, GoGoX has expanded its operations to several countries including Singapore, South Korea, Mainland China, Taiwan, and India. The merger with 58 Suyun in 2017 significantly broadened its reach, allowing it to operate in over 300 cities and connect more than 8 million registered drivers. Offering a digital service that enables instant matching and real-time tracking, GoGoX caters to both business and individual users, ensuring a convenient delivery experience while providing drivers with valuable business opportunities.
Sichuan Yunling Zhicheng Information Technology
Corporate Round in 2021
Sichuan Yunling Zhicheng Information Technology is an artificial intelligence public data platform.
The CrownX
Private Equity Round in 2021
The Crown X is an integrated consumer-retail platform.
Trendyol
Corporate Round in 2021
Trendyol is a prominent e-commerce platform based in Istanbul, Turkey, specializing in retailing a diverse array of products, including fashion items for women, children, and men, as well as accessories, cosmetics, and home decorations. Founded in 2010, it has grown to become the largest internet employer in the country, employing around 2,000 individuals. Trendyol's commitment to enhancing the e-commerce experience leverages advanced technology, allowing customers to conveniently purchase products at their convenience. In 2018, the company entered a strategic partnership with Alibaba Group, marking a significant investment in Turkey's internet sector. Through its broad product offerings and user-friendly platform, Trendyol serves a growing customer base in Turkey and the MENA region.
Leyan Technologies
Series C in 2021
Leyan Technologies is an artificial intelligence company founded in April 2016 and headquartered in Shanghai, China. Specializing in software as a service (SAAS), Leyan develops an AI technology platform that offers digital solutions primarily for the robotics industry. The company's innovations are applied in various sectors, including e-commerce customer service, financial consulting, and medical consultation. By focusing on enhancing human-computer interaction, Leyan Technologies aims to improve customer experiences through intelligent customer service robots and tailored AI applications.
Zuoyebang
Series E in 2020
Zuoyebang is an online education startup based in Beijing, China, founded in 2014 by Hou Jianbin. The company offers a web and mobile learning platform tailored for primary and high school students, providing a range of educational products and services. Its platform leverages artificial intelligence to allow students to upload homework questions and search for answers to their academic queries. In addition to homework assistance, Zuoyebang offers online courses, live lessons, and evaluations for students from kindergarten through 12th grade. The company has garnered significant backing from prominent investors, including Baidu, Alibaba Group, Tiger Global Management, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners.
Saic Mobility
Series A in 2020
SAIC Mobility is a Shanghai-based company established in 2018 that specializes in online car-hailing services. It provides a comprehensive range of mobility options, including personal online car-hailing, corporate car services, personal car rentals, and taxi services. The company aims to deliver customized and convenient travel experiences, catering to individual and corporate clients alike. Through its smart one-stop mobility platform, SAIC Mobility enhances travel by offering services such as airport pickup and reservation options, ensuring ease of access and flexibility for users.
Nice Tuan
Series C in 2020
Nice Tuan is an e-commerce platform specializing in fresh produce, beverages, leisure food, and a variety of daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. By doing so, Nice Tuan aims to provide comprehensive grocery and household item offerings tailored to the needs of local residents. The platform emphasizes efficiency and convenience, striving to create a well-integrated community e-commerce ecosystem centered on daily groceries and fresh produce.
Guance Cloud
Series C in 2020
Guance Cloud offers a full-stack observability platform for cloud-based workflows. We bring together end-to-end traces, metrics, and logs to make your applications, infrastructure, and third-party services entirely observable. These capabilities help businesses secure their systems, avoid downtime, and ensure customers are getting the best user experience.
Farfetch
Corporate Round in 2020
Farfetch is an online platform established in 2008 that connects buyers and sellers in the luxury fashion sector. It collaborates with over 1,000 independent boutiques and luxury brands, offering a diverse range of products, including clothing, accessories, and footwear. The company operates a comprehensive e-commerce website that enables these retailers to showcase their inventories to nearly a million active customers. Farfetch's technology infrastructure is designed to facilitate the luxury fashion ecosystem, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. The platform also includes the Browns stores and the New Guard Group, enhancing its retail capabilities. Farfetch generates revenue by charging a commission on sales made through its marketplace, typically exceeding 30%.
Farfetch
Convertible Note in 2020
Farfetch is an online platform established in 2008 that connects buyers and sellers in the luxury fashion sector. It collaborates with over 1,000 independent boutiques and luxury brands, offering a diverse range of products, including clothing, accessories, and footwear. The company operates a comprehensive e-commerce website that enables these retailers to showcase their inventories to nearly a million active customers. Farfetch's technology infrastructure is designed to facilitate the luxury fashion ecosystem, featuring an API-enabled proprietary technology stack that supports applications, services, and data management. The platform also includes the Browns stores and the New Guard Group, enhancing its retail capabilities. Farfetch generates revenue by charging a commission on sales made through its marketplace, typically exceeding 30%.
Aovolta is a global travel retailer specializing in duty-free shopping for captive audiences, predominantly at airports. With over 80% of its revenue derived from airport locations, it operates as the world's largest duty-free shop operator and leader in travel retail. Its primary markets are Europe and the Americas, with Asia contributing a smaller portion of its business.
Sun Art Retail Group
Acquisition in 2020
Sun Art Retail Group Limited is a prominent retail company in China that specializes in hypermarkets and e-commerce platforms. Operating under the well-known brands RT-Mart and Auchan, the company has established a substantial presence with 486 outlets across 232 cities and a total gross floor area of approximately 13 million square meters as of December 2019. Founded in 1998 and headquartered in Wan Chai, Hong Kong, Sun Art focuses on enhancing its hypermarket complexes and exploring multi-format and omni-channel retail strategies. The company's commitment to digital transformation aims to position it as a leader in the evolving retail landscape. Sun Art Retail Group is a subsidiary of Taobao China Holding Limited.
STO Express is a leading player in China's express delivery sector, recognized as one of the top four national companies operating under a network partner model. Established in 1993, the company focuses on traditional express delivery while expanding into the e-commerce sector. It offers a comprehensive service framework that includes line-haul transportation, sorting, and waybill services, with local network partners handling first-mile pickup and last-mile delivery. This model allows STO Express to enhance its operational efficiency and maintain a strong brand presence. The company emphasizes strict quality management and innovative service offerings, which have contributed to the overall growth and development of the express delivery industry in China. The leadership of STO Express includes chair and general manager Chen Dejun, with significant stakes held by family members of the founder. Additionally, Cainiao Smart Logistics Network serves as a strategic shareholder, further bolstering STO's capabilities in logistics and technology.
Shanghai YTO Express (Logistics) Co., Ltd. is a prominent private express delivery enterprise in China, recognized for its commitment to enhancing the country's express services. Founded in 2020 by Yu Huijiao, who retains a significant stake, the company operates as one of the top four national express delivery companies in China under the Tongda model. This model involves a network partnership where YTO provides line-haul transportation, sorting, and waybill services, while local network partners manage first-mile pickup and last-mile delivery. YTO Express aims to establish itself as an iconic brand within the sector, positioning itself as the preferred choice for Chinese consumers. The company plays an influential role in the industry, serving as a Vice-president Unit of both the China Express Association and the Shanghai Express Trade Association.
XiaoMan Technology
Series D in 2020
XiaoMan Technology is a foreign trade solutions provider based in Shenzhen, China, established in 2013. The company specializes in developing software-as-a-service (SaaS) business management solutions that leverage big data and artificial intelligence. Its offerings include customer relationship management technology designed to assist enterprises in expanding their international operations. XiaoMan's products and services are characterized by their flexibility and compatibility, catering to both small and micro enterprises as well as larger organizations with specific customization needs. By employing a comprehensive, customer-focused system for research and development, customer service, sales, and marketing, XiaoMan Technology aims to deliver high-quality solutions that enhance customer service, boost sales productivity, and facilitate customer acquisition for its clients.
XiaoMan Technology
Acquisition in 2020
XiaoMan Technology is a foreign trade solutions provider based in Shenzhen, China, established in 2013. The company specializes in developing software-as-a-service (SaaS) business management solutions that leverage big data and artificial intelligence. Its offerings include customer relationship management technology designed to assist enterprises in expanding their international operations. XiaoMan's products and services are characterized by their flexibility and compatibility, catering to both small and micro enterprises as well as larger organizations with specific customization needs. By employing a comprehensive, customer-focused system for research and development, customer service, sales, and marketing, XiaoMan Technology aims to deliver high-quality solutions that enhance customer service, boost sales productivity, and facilitate customer acquisition for its clients.
Beijing Helijia Information Technology
Venture Round in 2020
Beijing Helijia Information Technology Co., Ltd. is a Chinese startup specializing in beauty, hair, and nail services. Founded in 2014 and based in Beijing, the company operates a mobile application that allows customers to conveniently book a variety of personal care services, including hairdressing, manicures, eyelash extensions, and body shaping. The platform connects users with service providers, enabling them to choose from various service combinations based on their location. By eliminating traditional overhead costs associated with physical salons, Helijia can offer competitive pricing. The application employs a merit-based rating system for service providers, enhancing accountability and quality. Additionally, Helijia offers a range of skincare products, particularly those featuring hyaluronic acid, aimed at moisturizing and anti-aging.
Alog Technology Logistics Co., Ltd., based in Hangzhou, China, is a prominent third-party logistics service provider specializing in e-commerce. Founded in 2004, the company offers outsourced warehouse management and comprehensive supply chain solutions tailored for major e-commerce businesses. With a robust network of 88 regional distribution centers, Alog's services span over 350 cities, supported by a global supply chain network that encompasses more than 2 million square meters of storage area. The firm boasts a peak order processing capacity of 40 million items daily, positioning itself as a leader in intelligent warehouse distribution within the big data landscape. Through its innovative logistics solutions, Alog effectively caters to the demands of the vast consumer market.
Xpeng Motors
Series C in 2020
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.
E-House is a real estate services company in China offering a comprehensive online-to-offline (O2O) service platform. It offers primary sales agency services, online real estate services, real estate information and consulting services, real estate advertising services, real estate promotional event services, secondary real estate brokerage services, and real estate investment fund management services. E-House has served more than 80% of domestic real estate developers, including Vanke, Evergrande, Wanda, Longfor, Poly Real Estate, and many other real estate industry giants, and worked on more than 200,000 real estate projects. E-House was founded in 2004 and was first listed on the New York Stock Exchange in August 2007.
E-House is a real estate services company in China offering a comprehensive online-to-offline (O2O) service platform. It offers primary sales agency services, online real estate services, real estate information and consulting services, real estate advertising services, real estate promotional event services, secondary real estate brokerage services, and real estate investment fund management services. E-House has served more than 80% of domestic real estate developers, including Vanke, Evergrande, Wanda, Longfor, Poly Real Estate, and many other real estate industry giants, and worked on more than 200,000 real estate projects. E-House was founded in 2004 and was first listed on the New York Stock Exchange in August 2007.
SQream Technologies USA, Inc., established in 2010, specializes in big data analytics, offering a GPU-accelerated SQL database named SQream DB. This columnar database employs aggressive compression techniques to optimize storage and query speed. Additionally, SQream provides xDR Repository for telecoms, enabling multi-source data storage, analysis, and rapid value extraction. For bioinformatics, SQream offers GenomeStack, a platform for data storage and real-time correlated analytics. The company serves diverse sectors, including genome research, finance, cybersecurity, telecom, and IoT, and has strategic partnerships with DataDirect Networks, Telogic, and Moyo Business Advisory. With offices in New York, London, and a R&D center in Tel Aviv, SQream empowers businesses to analyze larger datasets faster and at lower costs.
Best Logistics (百世物流) is a Chinese comprehensive logistics supply chain service provider. The company provides comprehensive supply chain design and logistics services for domestic and foreign enterprises through its complete and systematic partner authentication management system, professional supply chain design solution, advanced information technologies, and comprehensive self-developed operation platform GeniMax system. Founded in 2007, Best Logistics combines internet, information technology, and traditional logisctics services to create a new subversive commercial model to integrate the large logistics industry in China. The company has established multilevel operation centers nationwide, with a distribution network that covers the whole country.
BigBasket
Debt Financing in 2020
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
BigBasket
Venture Round in 2020
BigBasket is an online food and grocery store that specializes in delivering personal and household necessities directly to customers' doorsteps. The company offers a user-friendly platform where customers can browse an extensive range of products, select their desired items, and schedule deliveries at their convenience. BigBasket prioritizes product quality by handpicking each item and ensuring it goes through a thorough safety packaging process before reaching the customer. By focusing on efficiency and convenience, BigBasket aims to simplify the grocery shopping experience, allowing users to shop from the comfort of their homes or offices.
Quibi
Private Equity Round in 2020
Quibi is a media company that specializes in creating mobile-first video content tailored for smartphones. Founded in 2018 and headquartered in Los Angeles, California, Quibi produces a diverse array of original shows, including scripted series, unscripted content, reality programs, documentaries, and daily news and sports segments. The platform is designed for an intuitive user experience, allowing viewers to watch content in both horizontal and vertical formats seamlessly. Quibi's focus is on delivering short-form episodes that aim to entertain, inform, and inspire its audience.
Keruyun
Acquisition in 2020
Keruyun Inc. is a prominent provider of cloud-based software as a service (SaaS) solutions tailored for the food and beverage industry. Founded in 2012 and headquartered in Beijing, China, the company specializes in developing applications that facilitate reservations, queuing, take-outs, ordering, cashiering, and membership services. Keruyun aims to enhance operational efficiency for merchants in catering and retail through the integration of advanced software and hardware systems. With a significant workforce exceeding 2,000 employees and numerous branches across major cities, Keruyun serves over 40,000 merchants nationwide. The company has experienced substantial growth, including a remarkable 640% increase in revenue in 2016. Keruyun is dedicated to transforming service industry management by providing intelligent, efficient, and user-friendly solutions.
Nice Tuan
Series B in 2020
Nice Tuan is an e-commerce platform specializing in fresh produce, beverages, leisure food, and a variety of daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. By doing so, Nice Tuan aims to provide comprehensive grocery and household item offerings tailored to the needs of local residents. The platform emphasizes efficiency and convenience, striving to create a well-integrated community e-commerce ecosystem centered on daily groceries and fresh produce.
Xpressbees
Series D in 2020
Xpressbees is an e-commerce logistics company that specializes in providing a wide range of logistics solutions to its partners. The company focuses on last-mile delivery, offering same-day and next-day services, as well as reverse logistics, payment collection, drop shipping, and vendor management. Additionally, Xpressbees supports cross-border services and fulfillment solutions, ensuring that clients have access to comprehensive supply-chain management. Its platform includes an online shipment tracking system, which enhances customer satisfaction by enabling clients to offer timely deliveries and value-added services. Through these offerings, Xpressbees aims to address the diverse logistics needs of its clients effectively.
Tianxianpei
Series A in 2019
TianXianPei is a community fresh food retailer, based on data-driven product selection capability, with fresh food as its core and aquatic products as its feature to establish differentiated commodity advantages. It create a new retail model for consumers to order milk through online platform and offline intelligent freezer to bring new O2O to consumers. Fresh milk delivery experience! Tianxian match, the heavy-duty traditional milk tank is the intelligent freezer downstairs for consumers, and through the whole process of cold chain transportation mode, to maximize the fresh taste and fresh nutrition of milk, iteratively upgrade milk consumption!
PandaCredit
Series A in 2019
PandaCredit is a financial services company that focuses on emerging markets in Southeast and South Asia. The firm specializes in providing secure and convenient financial products to consumers who lack access to traditional banking services. By leveraging big data analytics and machine learning technologies, PandaCredit generates credit scores for these individuals, enabling them to engage with conventional financial institutions. This approach aims to enhance financial inclusion and empower underserved populations by offering them the necessary tools to access credit and improve their financial standing.
Cainiao Logistics
Corporate Round in 2019
Cainiao Logistics provides logistics services to Alibaba Group. It operates warehouses and express delivery stations. Cainiao Logistics also operates a logistics information platform which provides real-time access to information for both buyers and sellers. Shen Guojun founded China Smart Logistics Network on May 28, 2013 that later became Cainiao Logistics, with its headquarters in Shenzhen in China.
3vjia Technology
Series C in 2019
3vjia Technology is a developer of a 3D interior design platform tailored for the home improvement industry. The company focuses on creating a centralized and transparent information ecosystem that drives technological transformation within the sector. Its platform integrates various aspects of the interior design process, including design, marketing, management, and manufacturing. 3vjia offers extensive solutions to interior designers and companies, featuring a material model and a comprehensive home improvement material library. Additionally, it provides smart design software services and utilizes advanced 3D panorama technology to enhance the online home improvement experience. Through these innovations, 3vjia Technology aims to lead the digital transformation of the home improvement industry.
Perfect Corp.
Series B in 2019
Perfect Corp., established in 2014, specializes in developing augmented reality (AR) and artificial intelligence (AI) driven solutions for the beauty and fashion industry. The company offers a SaaS platform, YouCam for Enterprise, which includes virtual makeup, AR skin diagnostic tools, AI product recommendations, and more, enabling e-commerce businesses and brands to enhance customer experiences. Additionally, Perfect Corp. provides mobile apps like YouCam Makeup and YouCam Perfect, allowing consumers to virtually try products, diagnose skin, and engage with a community. The company operates globally, with offices in New Taipei, Taiwan, and San Jose, California.
AutoX, Inc. is a technology company based in San Jose, California, focused on developing software solutions for self-driving cars. Founded in 2016, AutoX utilizes a camera-based system combined with artificial intelligence to achieve level 5 full autonomy in its vehicles. The company's autonomous driving platform is designed to navigate complex urban traffic conditions, providing safe, reliable, and cost-effective solutions for autonomous transportation. AutoX has been recognized for its advancements in the field, having received the second fully driverless RoboTaxi permit in California. The company's mission is to democratize autonomy, aiming to accelerate the widespread adoption of fully driverless vehicles and enhance everyday convenience for users.
NetEase Cloud Music
Series B in 2019
NetEase Cloud Music, established in 2013 and based in Hangzhou, China, specializes in online music streaming services through its mobile application. The platform enables users to access a wide variety of music and offers additional features, such as music discovery and social networking capabilities. As a subsidiary of NetEase, Inc., NetEase Cloud Music has grown to become a significant player in the Chinese music streaming market, catering to the evolving preferences of its audience while developing applications for smartphones to enhance user experience.
Kaola is a cross-border e-commerce shopping portal that provides a diverse selection of consumer products, featuring over 9,000 brands from 80 countries. The platform specializes in categories such as apparel, maternity and infant care, household appliances, and personal care, allowing customers to easily access and purchase a wide array of items. Kaola ensures the quality of its goods through direct sourcing and maintains competitive pricing by engaging in bulk purchases. The company emphasizes customer satisfaction with a 30-day worry-free after-sales policy and efficient logistics, including partnerships for electronic customs clearance that facilitate prompt delivery within 3-15 business days. Additionally, Kaola supports multiple payment methods, including Netease, Alipay, online banking, and credit cards, simplifying the purchasing process for its users.
Bitmark Inc. is a technology company that focuses on creating a digital property system aimed at securing ownership claims for personal data. Founded in 2014 and headquartered in Taipei, Taiwan, with additional offices in Cupertino, California; Reykjavík, Iceland; and Đà Nẵng, Vietnam, Bitmark leverages specialized blockchain technology to transform personal data into property that can be sold, licensed, and transferred directly between individuals. This innovative approach facilitates the establishment of digital property rights and ensures the secure provenance of data without relying on trusted third parties. Bitmark's solutions are utilized across various sectors, including healthcare, music, and art, by notable organizations such as UC Berkeley, Pfizer, and KKBOX, thereby restoring trust in data and enhancing users' safety and independence online.
COMMEET is a company based in Taipei City that specializes in assisting businesses with their travel planning and expenditure management. The company offers a comprehensive suite of services designed to streamline business travel applications, ordering processes, and expense reporting, all through a convenient one-stop platform. This integrated approach aims to enhance efficiency and convenience for enterprises managing their travel-related expenses.
KnowBox is a company established in 2014 that focuses on the K12 education sector, offering two mobile apps designed to enhance the homework experience for students and teachers. These apps provide personalized exercises that cater to individual learning needs, while also allowing teachers to manage student assignments more efficiently. By reducing repetitive tasks, the platform enables educators to dedicate more time to addressing the unique challenges of each student. With nearly one million daily active users, KnowBox is committed to further developing its services, including the creation of a comprehensive homework database to enrich its educational offerings.