China Merchants Capital

China Merchants Capital Management Co., Ltd (CMC), established in 2012, is an asset management firm headquartered in Shenzhen and Hong Kong. As a subsidiary of China Merchants Group, CMC focuses on alternative investments and capital market opportunities, aiming to foster new industries through strategic investments. The company integrates resources within its parent group to leverage synergies between the financial sector and other industries. CMC's investment strategy primarily targets sectors such as infrastructure, medical and pharmaceutical, life sciences, new energy, hard technology, and financial services. By actively engaging in the restructuring of Chinese state-owned enterprises and promoting industrial upgrades, CMC seeks to align its investment activities with the broader trends of new urbanization and economic development in China.

Xiaohua Huang

CFO

Yinquan Li

Vice Chairman

Rizhong Zhang

CEO

Past deals in Laser

LiangDao

Venture Round in 2024
LiangDao is an intelligent evaluation service provider company for autonomous driving. It provides industry customers with a full-stack lidar perception system, including vehicle-level lidar hardware, perception function development, test verification, and data services. The company is dedicated to collaborating with partners to widely apply lidar systems in the fields of intelligent driving and intelligent travel, as well as to escort future intelligent travel with safe and dependable technologies and products. It has an international perspective and the ability to carry out global projects. Customers include world-renowned car manufacturers, auto parts manufacturers, and well-known technology companies in the field of autonomous driving in China.

Azuri Optics Technologies

Series B in 2021
Azuri Optics Technologies is a research and development company that specializes in the creation of optical components and chips. It focuses on the integration of R&D, production, and sales of various optical devices, including laser chips and components for optical communication and sensing applications. The company also offers design solutions for optical components and module products, positioning itself as a key player in the optical technology sector. Through its innovative approach, Azuri Optics aims to advance the capabilities of optical communication and sensing technologies.

Innoviz Technologies

Series C in 2019
Innoviz Technologies designs and manufactures solid-state LiDAR sensors and develops perception software to facilitate the mass-production of autonomous vehicles. The company produces InnovizPro, a solid-state LiDAR known for its performance and value in automotive applications, and InnovizOne, an advanced LiDAR sensor providing 3D sensing capabilities essential for Level 3-Level 5 autonomous driving. Additionally, Innoviz offers products for object identification, tracking, sensor fusion, mapping, and localization. Founded in 2016 and based in Rosh HaAyin, Israel, Innoviz has formed strategic alliances with notable investors including Magna International, Samsung, Aptiv, Magma Venture Partners, Vertex Ventures, SoftBank Ventures Asia, China Merchants Capital, 360 Capital Partners, Glory Ventures, Naver, Shenzhen Capital Group, New Alliance Capital, Harel Insurance Investments and Financial Services, Phoenix Insurance Company.

MaxPhotonics

Venture Round in 2019
MaxPhotonics is a developer and manufacturer of advanced laser technology, specializing in a range of laser devices, including pulsed, continuous wave (CW), quasi-continuous wave (QCW) fiber lasers, diode lasers, and laser cleaning machines. The company has secured 448 patents and 23 copyrights for its innovations and has achieved independent production of essential optical components such as pump sources, combiners, and isolators. These products find diverse applications in industries such as marking, engraving, cutting, welding, and additive manufacturing. MaxPhotonics aims to change industry standards by pursuing vertical integration of fiber lasers and optical devices, supported by a global sales and service network that spans Asia, Europe, America, and Oceania.

MaxPhotonics

Series A in 2013
MaxPhotonics is a developer and manufacturer of advanced laser technology, specializing in a range of laser devices, including pulsed, continuous wave (CW), quasi-continuous wave (QCW) fiber lasers, diode lasers, and laser cleaning machines. The company has secured 448 patents and 23 copyrights for its innovations and has achieved independent production of essential optical components such as pump sources, combiners, and isolators. These products find diverse applications in industries such as marking, engraving, cutting, welding, and additive manufacturing. MaxPhotonics aims to change industry standards by pursuing vertical integration of fiber lasers and optical devices, supported by a global sales and service network that spans Asia, Europe, America, and Oceania.

Taiyang Technology

Shanghai Taiyang Technology Co., Ltd., established in 2011, is a Shanghai-based enterprise specializing in the production and sale of high-end, specialty chemicals. It operates multiple wholly-owned subsidiaries and R&D centers across Jiangsu, focusing on the development of high-purity phosphates, fluorides, beryllium compounds, and other specialty chemicals. These products cater to diverse industries, including nuclear energy, aerospace, and new energy, demonstrating the company's commitment to quality and versatility.
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