Glory Ventures

Glory Ventures is a venture capital firm based in Shanghai, China, founded in 2015. It specializes in early and growth stage investments in a variety of sectors, including information technology, artificial intelligence, big data, cloud computing, and the Internet of Things. The firm also focuses on the consumption upgrade market and has a notable interest in financial technology and cybersecurity in Israel. Glory Ventures distinguishes itself through a research-driven approach that integrates industrial resources and aims to create strategic synergies across different value chains. Its investment strategy seeks to identify customer-proven and disruptive innovative companies that align with China's vast consumer market. The firm has built a diverse portfolio of over 20 companies in areas such as AI, IoT, and fintech, receiving follow-up investments from prominent industrial capital and well-known funds. By leveraging its experience in both China and Israel's venture capital landscapes, Glory Ventures strives to facilitate exits through mergers and acquisitions or initial public offerings, ultimately aiming to foster a robust investment ecosystem.

Jerry Bai

Founding Partner

Jerry Bai

Founding Partner

Xinwei Liu

Partner

Bruce Song

Managing Director

Eric Yang

Founding Partner

Leo Yu

Executive Director

Bai Zongyi

Founding Partner

Past deals in ASIC

NeuReality

Series A in 2022
NeuReality is a semiconductor start-up that designs AI-as-a-service infrastructure. It addresses the challenges posed by the growing deployment of AI in the cloud, edge, and fog systems.

Qixin Micro Semiconductor

Series B in 2022
Suzhou Qixin Micro Semiconductor Co., Ltd. was established in October 2020. Based on the ARM Cortex M4, M7 and other series of architectures, it will build high-performance and high-reliability system-on-chips for different automotive application scenarios, and develop high-end smart car controller chips. Through the use of self-developed IP, unique multi-core lock-step technologies, and the unique Six Sigma analog circuit design process for automotive-standard chips, a full series of product families covering safety standards ISO26262 ASIL-B to ASIL-D have been designed. The company's products all meet the automotive regulations AEC-Q100, functional safety standard ISO26262 and various automotive regulations reliability tests, and can be widely used in the fields of body, automotive instrumentation, safety, power, battery management and other fields. The company is mainly engaged in the research and development and sales of high-end automotive controller chips. The goal is to fill the gap in the domestic new generation of intelligent networked automotive controller chips, and is committed to becoming a leading manufacturer in the field of automotive and industrial controllers in China.

Senscomm

Series A in 2022
Senscomm Semiconductor Co., Ltd. is a fabless semiconductor company founded in 2018 and based in Suzhou, China. The company specializes in the research and development of semiconductors and integrated circuits, catering to various sectors, including augmented reality (AR), virtual reality (VR), the Internet of Things (IoT), and electric vehicles (EV). Senscomm has successfully launched over 20 products to meet global demand, demonstrating its commitment to innovation and technological advancement. In addition to its core semiconductor offerings, the company provides machinery equipment and technical consulting services, positioning itself as a comprehensive solution provider in the semiconductor industry.

Axera

Series A in 2022
Developer of an artificial intelligence chip designed to focus on the visual field. The company's chip offers good performance with low power consumption, low-latency, and high-integration architecture system, enabling clients to have real-time video analysis on the terminal, good quality video shooting, and real-time multi-camera integration with low cost.

Qixin Micro Semiconductor

Venture Round in 2021
Suzhou Qixin Micro Semiconductor Co., Ltd. was established in October 2020. Based on the ARM Cortex M4, M7 and other series of architectures, it will build high-performance and high-reliability system-on-chips for different automotive application scenarios, and develop high-end smart car controller chips. Through the use of self-developed IP, unique multi-core lock-step technologies, and the unique Six Sigma analog circuit design process for automotive-standard chips, a full series of product families covering safety standards ISO26262 ASIL-B to ASIL-D have been designed. The company's products all meet the automotive regulations AEC-Q100, functional safety standard ISO26262 and various automotive regulations reliability tests, and can be widely used in the fields of body, automotive instrumentation, safety, power, battery management and other fields. The company is mainly engaged in the research and development and sales of high-end automotive controller chips. The goal is to fill the gap in the domestic new generation of intelligent networked automotive controller chips, and is committed to becoming a leading manufacturer in the field of automotive and industrial controllers in China.

Vastai Technologies

Series B in 2021
Vastai Technologies specializes in the development of semiconductor chips tailored for computer vision, video processing, and various artificial intelligence applications. The company's innovative products are engineered to enhance the computing capabilities of AI visual applications, allowing manufacturers of computer devices to integrate advanced chip technology into their offerings. By focusing on optimizing performance in these specific areas, Vastai Technologies aims to support the growing demand for efficient and powerful AI solutions in the market.

Axera

Series A in 2021
Developer of an artificial intelligence chip designed to focus on the visual field. The company's chip offers good performance with low power consumption, low-latency, and high-integration architecture system, enabling clients to have real-time video analysis on the terminal, good quality video shooting, and real-time multi-camera integration with low cost.

Vastai Technologies

Series A in 2020
Vastai Technologies specializes in the development of semiconductor chips tailored for computer vision, video processing, and various artificial intelligence applications. The company's innovative products are engineered to enhance the computing capabilities of AI visual applications, allowing manufacturers of computer devices to integrate advanced chip technology into their offerings. By focusing on optimizing performance in these specific areas, Vastai Technologies aims to support the growing demand for efficient and powerful AI solutions in the market.

Biren Technology

Series A in 2020
Biren Technology, based in Shanghai, China, specializes in the design and manufacture of intelligent chips and processors tailored for various computing architectures, including GPU and DSA. The company operates in the high-tech sector, focusing on both hardware and software solutions. Its hardware division develops a range of computing solutions that blend versatility with specificity, while its software department is led by experienced industry professionals. The company also conducts frontier research on new intelligent computing systems, emphasizing innovative architectures and advanced compilation technologies. Biren Technology aims to provide integrated solutions for applications such as cloud computing, artificial intelligence training, graphics rendering, and high-performance general-purpose computing, enabling clients to utilize domestic chip solutions and achieve significant technological advancements.

Hailo

Series B in 2020
Hailo is an Israel-based company specializing in the development of deep learning processors for edge devices, founded in 2017 and headquartered in Tel Aviv. Its flagship product, the Hailo-8, along with its software development kit, enables devices to perform complex deep learning tasks such as object detection and image enhancement independently, without relying on remote processing. By delivering data center-level performance in a compact, energy-efficient form, Hailo's technology empowers a range of applications across various sectors, including automotive, security, and smart home appliances. The company's innovative approach to computer architecture facilitates real-time processing while minimizing power consumption and cost, thereby enhancing the capabilities of intelligent devices in the modern digital landscape.

Senscomm

Series A in 2020
Senscomm Semiconductor Co., Ltd. is a fabless semiconductor company founded in 2018 and based in Suzhou, China. The company specializes in the research and development of semiconductors and integrated circuits, catering to various sectors, including augmented reality (AR), virtual reality (VR), the Internet of Things (IoT), and electric vehicles (EV). Senscomm has successfully launched over 20 products to meet global demand, demonstrating its commitment to innovation and technological advancement. In addition to its core semiconductor offerings, the company provides machinery equipment and technical consulting services, positioning itself as a comprehensive solution provider in the semiconductor industry.

Hailo

Series A in 2019
Hailo is an Israel-based company specializing in the development of deep learning processors for edge devices, founded in 2017 and headquartered in Tel Aviv. Its flagship product, the Hailo-8, along with its software development kit, enables devices to perform complex deep learning tasks such as object detection and image enhancement independently, without relying on remote processing. By delivering data center-level performance in a compact, energy-efficient form, Hailo's technology empowers a range of applications across various sectors, including automotive, security, and smart home appliances. The company's innovative approach to computer architecture facilitates real-time processing while minimizing power consumption and cost, thereby enhancing the capabilities of intelligent devices in the modern digital landscape.

YEESTOR

Series A in 2018
YEESTOR Microelectronics Co., Ltd specializes in the development and sale of memory control chips, focusing primarily on storage controllers. Established in 2007 and headquartered in Shenzhen, China, the company provides a range of products including PCIe SSD controllers, SATA SSD controllers, UFS controllers, eMMC controllers, USB controllers, and security storage controllers. These products are used across various applications, such as data centers, servers, personal computers, smartphones, tablets, smart homes, and the Internet of Things. YEESTOR serves clients that include storage IC companies and module manufacturers, offering technical support and customized solutions to enhance design efficiency and reliability. The company emerged from the merger of SiliconGo Microelectronics and Auspitek and has achieved significant milestones, including cumulative shipments exceeding 700 million units, positioning itself as a leading global supplier in the flash memory controller market.

Epostar

Series A in 2017
EpoStar Electronics Corp. is a Taiwanese company founded in December 2014 by a team of semiconductor experts with extensive experience in solid-state drive (SSD) technology. The company specializes in the development of silicon intellectual properties (IPs), flash translation layer (FTL) algorithms, and controller architectures for SSDs. EpoStar's product offerings include various IP cores, such as Meissa NVMe and Alcyone LDPC, as well as SSD controllers like the Orion EP160 and Libra EP280. In addition to its core products, EpoStar provides custom SSD design services tailored to the needs of enterprises looking to enhance their computing and memory capabilities. The company aims to facilitate the efficient transfer of large data sets to non-volatile memory by delivering innovative storage solutions suitable for data centers, cloud environments, and client applications.
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