Cowin Capital

Cowin Capital is a private equity investment firm based in Shenzhen, China, established in 2000. With 18 years of experience in capital management, the company focuses on long-term investments in pioneering enterprises, primarily in the health, technology, and telecommunications sectors. Cowin Capital has invested in over 300 companies, with more than 60 achieving public status and 150 successfully exiting. The firm is dedicated to supporting the growth of small and medium enterprises and aims to foster the development of high-quality listed companies in the Chinese capital market. It is recognized as one of the prominent domestic venture capital institutions in China.

Ding Baoyu

Managing Director, Partner

Li Chao

Partner

Dong Dongdong

Partner

Wang Jing

Partner

Huang Li

Founding Partner and CEO

Peng Qian

Risk Control Partner, Interlayer Business Partner

Zheng Weihe

Chairman, Founding Partner

Cai Weiliang

Partner

Yang Xiaomin

Managing Director

Duan Yao

US Dollar Fund Partner

Tong Zaiping

Partner

Zhang Wenjun

Partner

Zhang Yiwei

Partner

Alex Zheng

Founding Partner and Board Chairman

Tang Zhongchen

Managing Director, Cowin Partner

Shu Qing

Partner

Wang Peng

Investor

Past deals in Electronics

Lianjie Technology

Seed Round in 2024
Lianjie Technology is a semiconductor material company that provides integrated circuit chip and product manufacturing services.

Color Tech

Seed Round in 2024
Color Tech is a company specialized in the research and development, manufacturing, and sales of semi-solid battery electrolytes , sodium-ion battery electrolytes, and specific lithium-ion battery electrolyte technologies.

Apex Laser

Seed Round in 2024
Apex Laser is a company that focused on the research and development of semiconductor laser equipment that offers laser processing solutions for materials that are ultra-thin, ultra-hard, brittle, flexible, or composite.

Chengling Microelectronics

Seed Round in 2024
Chengling Microelectronics is a company that produces high-performance power management chips. It is primarily involved in the research & development, design, manufacturing, and selling of high-performance power management chips. Its product applications include server and notebook computer power supplies, new energy inverter systems, and automotive electronics. Chengling Microelectronics focuses on cutting-edge power management chip technology and leverages local industry chain resources to meet mid-to-high-end power management product demands.

ACXEL

Series A in 2024
ACXEL Tech specializes in large area electronics, focusing on digital microfluidic cell manipulation platforms that enhance drug discovery and biological research. By transforming active pixels into precise engines, ACXEL's technology enables the rapid transport of liquid droplets, facilitating complex experimental procedures at the single-cell level. This innovative approach supports various applications, including cell line development, cell therapy, synthetic biology, and antibody therapy. The platform's high throughput and low-cost design provide clients with the ability to increase productivity and efficiency in their research efforts across chemistry, biology, and medical technology.

Atech Automotive Electronics

Series C in 2022
Atech Automotive Electronics products are based on the generation of electronic and electrical architecture and the SOA concept and develop central core domain control, body controllers, domain controllers, Ethernet gateways, and radio frequency bluetooth. It is a company that designs, develops, manufactures, and sells automotive electronic products.

Yaoxin Technology

Series C in 2022
Yaoxin Technology is a MEMS sensor chip provider specializing in power devices, smart sensors, and signal chain ICs.

Chilye

Venture Round in 2022
Chilye specializes in high-power electronic components and high-voltage connectors, focusing on the development and production of power distribution units, manual service disconnectors, charging and swapping connectors, and portable charging equipment. The company is dedicated to creating a comprehensive range of high-voltage electrical units specifically designed for alternative energy vehicles. By emphasizing technical research and development, Chilye provides clients with integrated solutions for complete vehicle systems in the electric vehicle sector.

Tongyu Automotive

Series A in 2022
TONGYU AUTOMOTIVE specializes in the development of intelligent driving systems and key components for new energy vehicles. The company focuses on advanced research and development of control-by-wire technologies essential for the next generation of vehicle automation. Its product offerings include brake-by-wire systems, steering-by-wire systems, braking energy recovery systems, and advanced driver assistance systems. By addressing the demands of intelligent and electrified vehicles, TONGYU AUTOMOTIVE aims to contribute significantly to the evolving landscape of the autonomous driving industry.

Atech Automotive Electronics

Venture Round in 2022
Atech Automotive Electronics products are based on the generation of electronic and electrical architecture and the SOA concept and develop central core domain control, body controllers, domain controllers, Ethernet gateways, and radio frequency bluetooth. It is a company that designs, develops, manufactures, and sells automotive electronic products.

ACXEL

Seed Round in 2022
ACXEL Tech specializes in large area electronics, focusing on digital microfluidic cell manipulation platforms that enhance drug discovery and biological research. By transforming active pixels into precise engines, ACXEL's technology enables the rapid transport of liquid droplets, facilitating complex experimental procedures at the single-cell level. This innovative approach supports various applications, including cell line development, cell therapy, synthetic biology, and antibody therapy. The platform's high throughput and low-cost design provide clients with the ability to increase productivity and efficiency in their research efforts across chemistry, biology, and medical technology.

PowerValue

Seed Round in 2022
PowerValue is a professional supplier of integrated circuit testing equipment and solutions, catering to the semiconductor industry. The company specializes in the testing of integrated circuit chip wafers and finished products, leveraging advanced design and research capabilities. As a national high-tech firm, PowerValue offers comprehensive testing solutions tailored to meet customer needs, along with exceptional after-sales support. Its steady growth can be attributed to the dedication of its founding team and the advancements in technology within the industry.

Jade Bird Display

Series A in 2021
Jade Bird Display (Shanghai) Limited is a manufacturer specializing in the development and production of micro-LED display chips and panels, primarily designed for augmented reality (AR) and virtual reality (VR) applications. Founded in 2015 and headquartered in Shanghai, with an additional office in Hong Kong, the company focuses on creating the smallest, brightest, and most efficient micro-display technology. Its products are utilized in a variety of applications including head-up displays, projectors, weapon sights, 3D printing, and microscopes. By providing ultra-compact micro-display panels and light engines, Jade Bird Display enables original equipment manufacturers to enhance user comfort and outdoor readability, while also extending operating times between charges for next-generation AR and VR hardware.

ACXEL

Seed Round in 2021
ACXEL Tech specializes in large area electronics, focusing on digital microfluidic cell manipulation platforms that enhance drug discovery and biological research. By transforming active pixels into precise engines, ACXEL's technology enables the rapid transport of liquid droplets, facilitating complex experimental procedures at the single-cell level. This innovative approach supports various applications, including cell line development, cell therapy, synthetic biology, and antibody therapy. The platform's high throughput and low-cost design provide clients with the ability to increase productivity and efficiency in their research efforts across chemistry, biology, and medical technology.

Hypersics Semiconductor

Series A in 2021
Hypersics Semiconductor Co Ltd is a prominent semiconductor company based in Yizheng, China, specializing in the research, development, and industrialization of 6-inch silicon carbide substrates. The company focuses on integrating innovative overseas technologies with domestic resources to enhance its capabilities. It has established a strong research and development team by attracting both overseas returnees and foreign experts, thereby fostering a high level of expertise within the organization. Hypersics Semiconductor aims to lead advancements in the semiconductor industry, particularly in the growing field of silicon carbide technologies.

Jihai Technology

Series A in 2021
Jihai Technology is an e-commerce platform providing smart devices like smart home cleaning tools, auto accessories, and smart gadgets.

Comwin Automation Technology

Series B in 2021
Comwin Automation is a supplier of tools designed for the automated testing and assembly of flat panel display modules. The company specializes in the research and development, sales, production, and service of automation equipment specifically for flat panel displays and new flexible screen displays. By offering a range of non-standard machinery and comprehensive solutions, Comwin Automation aims to meet the diverse needs of manufacturers in this sector.

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.

Zhongke Jiuyuan

Series A in 2021
Zhongke Jiuyuan focuses on the manufacturing and sales of key materials such as polyimide films and slurries.

Zhongke Jiuyuan

Angel Round in 2021
Zhongke Jiuyuan focuses on the manufacturing and sales of key materials such as polyimide films and slurries.

Jihai Technology

Angel Round in 2021
Jihai Technology is an e-commerce platform providing smart devices like smart home cleaning tools, auto accessories, and smart gadgets.

JingxunSoft

Series B in 2019
Shenzhen Jingxun Software Communication Technology Co., Ltd. specializes in manufacturing Internet of Things (IoT) based wireless audio and lighting solutions. Founded in 2003 and headquartered in Shenzhen, China, the company develops Bluetooth chips, including those for audio and BLE SIG Mesh technology, which are used in lamps and various electronic products. JingxunSoft also provides an application that allows users to control lighting systems through cloud connectivity, integrating artificial intelligence for enhanced functionality. The company's offerings enable consumers to manage and schedule their home lighting and audio systems, while also allowing manufacturers to incorporate wireless capabilities into their products.

ANNGIC (Shenzhen Anzhijie Technology Co.)

Series A in 2019
ANNGIC (Shenzhen Anzhijie Technology Co., Ltd.) is a high-tech company focusing on millimeter-wave radar sensors and focusing on smart applications of sensors. As one of the earliest companies in China to have the core R&D technology, complete design capability and experience data of millimeter wave radar sensors, An Zhijie has independently developed leading 24 GHZ and 77 GHz millimeter wave radar sensors and obtained many technical patents. Certification.

IMPAQ Testing Technology

Series A in 2019
IMPAQ Testing Technology Co., Ltd. is an independent third-party testing organization based in Shenzhen, China, with branches in several other cities, including Shanghai and Guangzhou. The company specializes in a wide range of testing services, including RoHS testing for restricted substances in electrical and electronic products, toys testing, and environmental pollution assessments. It assists manufacturers in identifying Substances of Very High Concern (SVHC), developing alternative materials, and meeting EU documentation requirements. IMPAQ also provides testing for textiles, footwear, and food contact materials, along with occupational health and safety evaluations. The organization is supported by relevant government policies and operates accredited laboratories that comply with national and international standards, ensuring high-quality assurance for clients across various industries.

Huaqiu

Series B in 2018
Huaqiu provides a digital service platform for the electronics industry that uses information technology to improve the service model of the traditional industry chain. They provide a strong boost for the innovation and development of the electronics industry.

Wolei Technologies

Post in 2018
Wolei Technologies specializes in the development of advanced automotive power semiconductor modules, intelligent driving core systems, and automotive electronic control solutions. The company provides a range of comprehensive intelligent solutions, encompassing both software systems and hardware equipment designed for automation and intelligent measurement. Its products support various sectors, including electronic control, autonomous driving, new energy power systems, chassis safety, and rail transit. Wolei Technologies is recognized for its leadership in production, sales, and market share within the industry, bolstered by affiliations with provincial business technology centers and high-tech R&D facilities.

XShuai

Series B in 2016
XShuai is a technology company that creates home electronic products to improve the lives of its customers. The company primarily develops and manufactures projectors for home users and hospitality managers, allowing customers to enjoy a home theater experience. The company also creates intelligent AI robots that focus on education, allowing children to learn more effectively. It focuses on changing and improving hotels through the three business segments of smart audio-visual, smart guest control, and traffic operations, using the SaaS+AIoT platform as the touch point.

Innoplay

Series A in 2015
Innoplay offers electronic products for family, students and children.
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