Cowin Capital

Cowin Capital, established in 2000, is a Shenzhen-based private equity firm specializing in early-stage investments. With 18 years of experience, it focuses on supporting the growth of small and medium enterprises, primarily in the energy, communication, electronics, and environmental protection sectors. Cowin Capital takes a long-term approach, aiming to create value through strategic partnerships and operational support. It has successfully invested in over 300 companies, with 60 becoming publicly listed and 150 achieving successful exits. Notably, Cowin Capital was one of the first venture capital institutions to be listed on the New Third Board (NEEQ) in China.

Cai Weiliang

Partner

Ding Baoyu

Managing Director, Partner

Dong Dongdong

Partner

Duan Yao

US Dollar Fund Partner

Huang Li

Founding Partner and CEO

Past deals in Electric Vehicle

Wolei Technologies

Funding Round in 2025
Wolei Technologies specializes in the development of advanced automotive-level power semiconductor modules, intelligent driving core systems, and automotive electronic control solutions. The company offers a range of comprehensive intelligent solutions, including both software systems and hardware equipment designed for automation and intelligent measurement. Wolei Technologies focuses on delivering high-quality products to support various sectors such as electronic control, autonomous driving, new energy power systems, chassis safety, and rail transit. Recognized for its leadership in production, sales, and market share, the company operates as a provincial business technology center and high-tech R&D center, contributing significantly to the advancement of discrete manufacturing industries.

Shensi Technology

Series A in 2024
Shensi Technology is a developer of current and position sensors, which are used in automobiles, new energy, and energy storage.

Lianying New Energy

Series A in 2024
Lianying New Energy focuses on the design, development, and manufacturing of connection systems for new energy vehicles, as well as energy storage thermal management systems and ultra-high-voltage thermal management systems. The company emphasizes a commitment to technological leadership and innovation, prioritizing independent research and development of new technologies and products. Lianying New Energy aims to provide clients with solutions that promote energy savings and reduce emissions, aligning with the growing demand for sustainable energy solutions in the automotive industry.

SiRun

Series A in 2023
SiRun is a provider and operator of Internet of Vehicles system services, specializing in the integration of technology within the automotive sector. The company has extensive experience in facilitating communication between car manufacturers and vehicle owners through its innovative platform. SiRun's core offerings include intelligent networked cloud control systems, a comprehensive big data platform, and vehicle networking communication terminals. These products enhance the interaction between car owners and their vehicles, thereby improving user experience and service quality. By leveraging advanced technology, SiRun aims to strengthen the service capabilities and brand influence of automotive manufacturers.

Smart Navigation (Qingdao) Technology

Series A in 2023
Smart Navigation (Qingdao) Technology is a supplier of ship unmanned driving systems and ship electrification technology products.

McGrab

Series A in 2023
McGrab provides magnetic energy industry development technology and equipment services. Their products include charging and demagnetizing equipment and magnetization automation equipment. Their product application fields cover new energy vehicle drive motors, industrial automation, strategic development industries, and emerging industries.

Tianke New Energy

Series A in 2022
Tianke New Energy is a manufacturer of lithium-ion batteries that focuses on the development of lithium battery cells, new energy vehicles, and energy storage systems. It operates a brand called Haidi.

Chilye

Venture Round in 2022
Chilye is a company specializing in high-power electronic components and high-voltage connectors, primarily for the new energy vehicle sector. It offers a range of products including power distribution units, manual service disconnectors, charging and swapping connectors, and portable charging equipment. Chilye is dedicated to advancing the development of high-voltage electrical units aimed at supporting alternative energy vehicles. Through its focus on technical research and development, the company provides comprehensive solutions for complete vehicle systems, catering to the growing demand for innovative technologies in the electric vehicle market.

Tongyu Automotive

Series A in 2022
Tongyu Automotive is a developer of intelligent driving systems focused on the emerging autonomous driving industry. The company specializes in the research and development of next-generation control-by-wire technologies, which are essential for intelligent and electrified vehicles. Its product offerings include brake-by-wire systems, steering-by-wire systems, braking energy recovery systems, and advanced driver assistance systems. Through its innovative solutions, Tongyu Automotive aims to meet the evolving demands of modern automotive technology, contributing to the advancement of vehicle intelligence and electrification.

FDMTEK

Seed Round in 2021
Zhongke Benyuan manufactures digital signal processor (DSP) chips. It provides DSP products and solutions for industrial control, renewable energy, electric vehicles, household appliances, rail transit, and other applications.

Wolei Technologies

Post in 2018
Wolei Technologies specializes in the development of advanced automotive-level power semiconductor modules, intelligent driving core systems, and automotive electronic control solutions. The company offers a range of comprehensive intelligent solutions, including both software systems and hardware equipment designed for automation and intelligent measurement. Wolei Technologies focuses on delivering high-quality products to support various sectors such as electronic control, autonomous driving, new energy power systems, chassis safety, and rail transit. Recognized for its leadership in production, sales, and market share, the company operates as a provincial business technology center and high-tech R&D center, contributing significantly to the advancement of discrete manufacturing industries.

Ecaray

Series A in 2016
Ecaray offers city-level traffic management services. They provide urban road parking charge inspection management software, closed parking lot management, and new energy charging pile management services. In addition, they offer smart hardware for city road parking, closed car parking, new energy, a city guidance system, and a city master control center.
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