Gaorong Capital

Gaorong Capital is a Beijing-based venture capital firm founded in the mid-2010s that focuses on early-stage technology investments across the Asia-Pacific region. The firm backs companies in sectors including telecommunications, media, life sciences, cosmetics, and technology, providing strategic guidance and access to industry resources and global perspectives.

Ming Fu

Analyst

Xiang Gao

Founding Partner

Rui Han

Partner

Hu Shuo

Partner

Bruce Lan

Senior Associate

Past deals in Eastern Asia

LibLib AI

Seed Round in 2024
LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.

BMSer Technoogy

Series C in 2024
Hangzhou BMSer Technology Co., Ltd., founded in 2012 and headquartered in Hangzhou, China, specializes in the development of battery management systems (BMS) with a focus on new energy solutions. The company operates under the principles of advanced technology and high quality, aiming to deliver efficient energy management and maintenance solutions. With a commitment to innovation, BMSer Technology has secured numerous intellectual property rights, including 19 invention patents, 22 utility model patents, and 24 software copyrights. The firm has developed a range of BMS products for various applications, including electric vehicles, energy storage systems, and backup power supplies. Its battery active balance management system is recognized for its innovative design and performance. BMSer Technology collaborates with major battery manufacturers and electric vehicle companies, fostering extensive partnerships within the industry. Additionally, the company has established a research and development presence in Silicon Valley, enhancing its capacity for technological advancement and market responsiveness.

Hygea Medical

Series D in 2023
Hygea Medical Technology Co. Ltd. is a Beijing-based company specializing in the design and manufacture of medical devices aimed at oncology treatments. The company develops anti-tumor treatment equipment, including cryosurgery and cryopreservation devices. Hygea's solutions are specifically tailored to address various cancers, including those affecting the lung, liver, breast, and kidney. The company is committed to advancing its micro-invasive technologies and Cryo-HITTM technology to enhance treatment efficiency for patients with tumor diseases. Through its innovative approach, Hygea Medical aims to improve the effectiveness of cancer therapies.

Biointron

Series B in 2022
Biointron, founded in 2012 and based in Shanghai, China, specializes in the development of recombinant antibody technology and offers comprehensive contract research organization (CRO) services. The company aims to expedite the antibody discovery process by providing a one-stop solution for antibody development. Biointron utilizes advanced technologies, including rapid expression platforms, antibody sequencing, and labeling tools, to achieve high-throughput recombinant antibody production. Its commitment to delivering high-quality and cost-effective recombinant protein and antibody reagents positions Biointron as a significant player in the biotechnology sector, catering to the needs of researchers and organizations in the field.

Sironax

Series B in 2022
Sironax is a clinical‑stage biotechnology company that develops therapies for age‑related degenerative diseases. The company focuses on mechanisms such as regulated cell death, neuroprotective pathways, and neuroinflammation, aiming to shift the treatment paradigm for these conditions. Its research includes apoptosis and other cell‑death pathways to create advanced pharmaceuticals for inflammatory and neurodegenerative diseases. Founded in 2017, Sironax is headquartered in Beijing, China.

XYZ Robotics

Series B in 2022
XYZ Robotics Inc. specializes in automating picking, sorting, and packing operations using advanced 3D AI and robotic manipulation algorithms. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, the company aims to enhance logistics and manufacturing productivity. XYZ Robotics creates a versatile range of AI-powered robotic systems designed for applications such as robotic depalletizing, mixed case palletizing, piece picking, bin picking, and vision-guided assembly. Its innovative machine vision and intelligence software platform promotes efficiency across various industries, including automotive, pharmaceuticals, electronics, e-commerce, retail, and third-party logistics. By implementing AI technology and deep learning, XYZ Robotics facilitates efficient supply chain management, streamlining processes from batch picking to final packaging.

Adaps Photonics

Series C in 2022
Shenzhen Adaps Photonics Technologies Co., Ltd, established in May 2018 by a team of four doctors, specializes in the development and manufacturing of advanced 3D sensor chips that enhance smart hardware and three-dimensional perception capabilities. Based in Nanshan, Shenzhen, with a research and development facility in Zhangjiang, Shanghai, the company employs over 80 professionals, including more than ten doctorate holders from prestigious universities. Adaps Photonics leverages cutting-edge single-photon detector technology to serve various applications, including unmanned driving, communication equipment, security monitoring, and smart home systems. Their chips are integral to mobile phone 3D modules, lidar, and other high-performance depth sensing systems, enabling downstream operators to create sophisticated three-dimensional perception modules and enhance the functionality of existing technologies. In 2019, the company achieved recognition by securing first place in the electronic information category at the Shenzhen Peacock Team's China Entrepreneurship and Innovation Competition.

XVERSE

Series A in 2022
XVERSE is a technology company platform that develops 3D user-generated content. It aims to become one of the operating systems (OS) of the true Internet and one of the important content providers. The company is located in Shenzhen, China.

Shexu Technology

Series A in 2022
Established in 2020, Shanghai Shexu Technology Co., Ltd. is an AI-driven industrial design software R&D technology enterprise and design service provider. The company has a professional scientific research and technical team, and has independently developed automatic industrial design software based on AI computing engine. The design software has been widely used in the field of automotive industry equipment, significantly improving the design efficiency of industrial machinery designers.

Parametrix.ai

Series B in 2022
Parametrix.ai is a startup focused on revolutionizing game development through advanced artificial intelligence solutions. Founded in 2019 and headquartered in China, the company specializes in integrating AI capabilities into gaming scenarios, utilizing technologies such as machine learning and reinforcement learning. Parametrix.ai aims to create AI-driven virtual beings that coexist within a richly developed virtual world, enhancing the gaming experience by enabling complex environmental interactions, decision-making, and dynamic modeling of challenges such as team formation and player survival. By fostering collaboration between humans and AI, Parametrix.ai seeks to build an engaging, innovative, and inclusive gaming environment.

Xbiome

Series B in 2021
Xbiome Co. Ltd., established in 2017 and headquartered in Shenzhen, China, is an AI-based microbiome drug development company. It specializes in the analysis of patient and donor intestinal flora using artificial intelligence to accelerate the development of effective pharmaceuticals for microecological intestinal disorders. Xbiome's products focus on micro-ecological treatment, aiming to manage the gut health of a vast population.

Raysolve

Seed Round in 2021
Founded in 2019, Raysolve specializes in the research and development of Micro-LED micro-display technology, focusing on chip architecture and fabrication processes. The company is recognized for creating the world’s first single-chip full-color Micro-LED micro-display, which was announced in Silicon Valley the same year. The core team, originating from the Hong Kong University of Science and Technology, possesses extensive expertise in microchip design and manufacturing. Raysolve’s innovative LED micro-display chip aims to facilitate the development of consumer-grade augmented reality smart glasses and has potential applications in various fields, including automotive head-up displays, 3D printing, and plateless lithography.

Cornerstone Robotics

Series B in 2021
Cornerstone Robotics develops medical robotic devices designed for precise surgical robotic systems. Their products feature multi-degree-of-freedom robotic arms, real-time imaging integration, and intuitive surgeon interfaces, enabling healthcare providers to perform advanced minimally invasive surgeries with greater control and consistency.

MingMed

Series A in 2021
MingMed is a Chinese pharmaceutical company focused on independent drug research and development, demonstrating strong global competitiveness. The company specializes in a diverse product pipeline that includes ophthalmic drugs, recombinant protein botulinum toxin, tumor immune drugs, and immune therapies for pets. MingMed also emphasizes innovation, with several potential First-in-Class drugs currently in the clinical stage. Its research spans various therapeutic areas, delivering cutting-edge solutions in ophthalmology, medical aesthetics, and veterinary medicine, particularly through small molecule immune drugs and gene editing-based cell therapies.

XYZ Robotics

Series B in 2021
XYZ Robotics Inc. specializes in automating picking, sorting, and packing operations using advanced 3D AI and robotic manipulation algorithms. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, the company aims to enhance logistics and manufacturing productivity. XYZ Robotics creates a versatile range of AI-powered robotic systems designed for applications such as robotic depalletizing, mixed case palletizing, piece picking, bin picking, and vision-guided assembly. Its innovative machine vision and intelligence software platform promotes efficiency across various industries, including automotive, pharmaceuticals, electronics, e-commerce, retail, and third-party logistics. By implementing AI technology and deep learning, XYZ Robotics facilitates efficient supply chain management, streamlining processes from batch picking to final packaging.

Qitan Technology

Series B in 2021
Chengdu Qitan Technology Co., Ltd. specializes in the development and manufacture of advanced gene sequencing instruments utilizing nanopore technology. Founded in 2016 and based in Chengdu, China, the company offers a fourth generation gene sequencer that enables single-molecule sequencing with long read lengths and real-time output. This innovative technology is designed to serve various sectors, including biopharmaceuticals, healthcare, and agriculture, facilitating applications such as immunophenotyping, pathogen detection, analysis of intestinal flora, and tumor genome detection. Qitan Tech's solutions are notable for their cost-effectiveness and simplicity, as they do not require complicated library preparation, thus enhancing the accessibility of gene sequencing for cutting-edge biological research and clinical diagnostics.

XVERSE

Angel Round in 2021
XVERSE is a technology company platform that develops 3D user-generated content. It aims to become one of the operating systems (OS) of the true Internet and one of the important content providers. The company is located in Shenzhen, China.

X-Epic

Series A in 2021
X-Epic is a Nanjing-based startup focused on advancing China's electronic design automation (EDA) software technology. The company develops comprehensive verification solutions that support various industries, including integrated circuits, 5G, artificial intelligence, cloud services, and high-performance computing. By providing innovative systems, X-Epic aims to lower barriers to entry in the integrated circuit industry and address verification challenges associated with chip design, thereby enhancing the overall efficiency and effectiveness of electronic development in China.

Saint Bella

Series C in 2021
Saint Bella is a prenatal and postpartum care center located in Zhuhai City, China, founded in 2017. The center focuses on providing comprehensive services for mothers and their children, including mother and child care, art therapy, and lunar nursing care. Designed to address the spiritual and physical needs of pregnant women, Saint Bella aims to support mothers in becoming better versions of themselves during the critical 28 days following childbirth. The center not only offers nursing services but also fosters a luxurious lifestyle for mothers and their babies, creating an environment conducive to healing and personal growth.

MingMed

Series A in 2021
MingMed is a Chinese pharmaceutical company focused on independent drug research and development, demonstrating strong global competitiveness. The company specializes in a diverse product pipeline that includes ophthalmic drugs, recombinant protein botulinum toxin, tumor immune drugs, and immune therapies for pets. MingMed also emphasizes innovation, with several potential First-in-Class drugs currently in the clinical stage. Its research spans various therapeutic areas, delivering cutting-edge solutions in ophthalmology, medical aesthetics, and veterinary medicine, particularly through small molecule immune drugs and gene editing-based cell therapies.

Style3D

Series B in 2021
Shanghai Linctex Digital Co., Ltd. specializes in software solutions for the fashion industry, focusing on three-dimensional (3D) design and collaboration. Founded in 2015 and based in Shanghai, the company offers a suite of services under the brand Style3D, which includes 3D modeling, physical simulation, and rendering tools tailored for fashion workflows. Their offerings encompass various functionalities such as three-dimensional pattern checking, component-based design, style management, and online style recommendations. Additionally, Linctex provides product data management solutions that facilitate resource accumulation, cost accounting, and bill of materials generation. The company also supports fabric sales and exhibitions through 3D displays and mobile sharing capabilities, all powered by online cloud services. Linctex aims to empower small and medium-sized clothing enterprises with innovative tools to enhance their design and production processes.

Parametrix.ai

Series A in 2021
Parametrix.ai is a startup focused on revolutionizing game development through advanced artificial intelligence solutions. Founded in 2019 and headquartered in China, the company specializes in integrating AI capabilities into gaming scenarios, utilizing technologies such as machine learning and reinforcement learning. Parametrix.ai aims to create AI-driven virtual beings that coexist within a richly developed virtual world, enhancing the gaming experience by enabling complex environmental interactions, decision-making, and dynamic modeling of challenges such as team formation and player survival. By fostering collaboration between humans and AI, Parametrix.ai seeks to build an engaging, innovative, and inclusive gaming environment.

Kuaipeilian

Series B in 2021
Kuaipeilian operates as an online piano learning platform based in China. It offers personalized virtual piano lessons, tailoring its curriculum to each student's skill level and preferences for optimal learning outcomes. The platform provides on-demand assistance to help students enhance their piano abilities at their own pace.

Flexiv

Series B in 2020
Flexiv develops adaptive robots integrating force control, computer vision, and AI technologies. Its flagship product, RIZON, is used in industries like automotive electronics, new energy, and aerospace for tasks such as curved-surface processing and assembly. Founded in 2016, Flexiv has offices in China and the US.

UnionTech

Series A in 2020
UnionTech is a Chinese software company established in 2019, headquartered in Beijing, with a mission to foster an innovation ecosystem around Chinese operating systems. The company specializes in the development and provision of basic software, particularly focusing on operating systems and related solutions. It aims to deliver secure, stable, intelligent, and user-friendly operating systems tailored for various industries. UnionTech also develops software compatible with its Unity Operating System, which is based on Linux technology, enhancing users' access to efficient operating system capabilities. To support its operations, the company has established local technical support institutions, research and development centers, and software and hardware adaptation centers in cities such as Wuhan, Shanghai, Guangzhou, and Nanjing.

X-Epic

Series A in 2020
X-Epic is a Nanjing-based startup focused on advancing China's electronic design automation (EDA) software technology. The company develops comprehensive verification solutions that support various industries, including integrated circuits, 5G, artificial intelligence, cloud services, and high-performance computing. By providing innovative systems, X-Epic aims to lower barriers to entry in the integrated circuit industry and address verification challenges associated with chip design, thereby enhancing the overall efficiency and effectiveness of electronic development in China.

Style3D

Venture Round in 2020
Shanghai Linctex Digital Co., Ltd. specializes in software solutions for the fashion industry, focusing on three-dimensional (3D) design and collaboration. Founded in 2015 and based in Shanghai, the company offers a suite of services under the brand Style3D, which includes 3D modeling, physical simulation, and rendering tools tailored for fashion workflows. Their offerings encompass various functionalities such as three-dimensional pattern checking, component-based design, style management, and online style recommendations. Additionally, Linctex provides product data management solutions that facilitate resource accumulation, cost accounting, and bill of materials generation. The company also supports fabric sales and exhibitions through 3D displays and mobile sharing capabilities, all powered by online cloud services. Linctex aims to empower small and medium-sized clothing enterprises with innovative tools to enhance their design and production processes.

Xbiome

Series B in 2020
Xbiome Co. Ltd., established in 2017 and headquartered in Shenzhen, China, is an AI-based microbiome drug development company. It specializes in the analysis of patient and donor intestinal flora using artificial intelligence to accelerate the development of effective pharmaceuticals for microecological intestinal disorders. Xbiome's products focus on micro-ecological treatment, aiming to manage the gut health of a vast population.

XYZ Robotics

Series A in 2020
XYZ Robotics Inc. specializes in automating picking, sorting, and packing operations using advanced 3D AI and robotic manipulation algorithms. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, the company aims to enhance logistics and manufacturing productivity. XYZ Robotics creates a versatile range of AI-powered robotic systems designed for applications such as robotic depalletizing, mixed case palletizing, piece picking, bin picking, and vision-guided assembly. Its innovative machine vision and intelligence software platform promotes efficiency across various industries, including automotive, pharmaceuticals, electronics, e-commerce, retail, and third-party logistics. By implementing AI technology and deep learning, XYZ Robotics facilitates efficient supply chain management, streamlining processes from batch picking to final packaging.

AIpark

Series C in 2020
AIpark, founded in 2015 and based in Beijing, China, specializes in parking services and artificial intelligent stereo garage solutions. The company offers innovative parking management systems, including AIpark City and AIpark One, which are designed to alleviate public parking challenges in urban areas and enhance parking efficiency for commercial buildings. By utilizing its proprietary visual recognition technologies, AIpark transforms traditional parking spaces into smarter, more efficient solutions for local governments and businesses. As a subsidiary of Intelligent Interconnection, AIpark is focused on improving the parking experience through advanced technology.

Qitan Technology

Series A in 2020
Chengdu Qitan Technology Co., Ltd. specializes in the development and manufacture of advanced gene sequencing instruments utilizing nanopore technology. Founded in 2016 and based in Chengdu, China, the company offers a fourth generation gene sequencer that enables single-molecule sequencing with long read lengths and real-time output. This innovative technology is designed to serve various sectors, including biopharmaceuticals, healthcare, and agriculture, facilitating applications such as immunophenotyping, pathogen detection, analysis of intestinal flora, and tumor genome detection. Qitan Tech's solutions are notable for their cost-effectiveness and simplicity, as they do not require complicated library preparation, thus enhancing the accessibility of gene sequencing for cutting-edge biological research and clinical diagnostics.

Style3D

Venture Round in 2020
Shanghai Linctex Digital Co., Ltd. specializes in software solutions for the fashion industry, focusing on three-dimensional (3D) design and collaboration. Founded in 2015 and based in Shanghai, the company offers a suite of services under the brand Style3D, which includes 3D modeling, physical simulation, and rendering tools tailored for fashion workflows. Their offerings encompass various functionalities such as three-dimensional pattern checking, component-based design, style management, and online style recommendations. Additionally, Linctex provides product data management solutions that facilitate resource accumulation, cost accounting, and bill of materials generation. The company also supports fabric sales and exhibitions through 3D displays and mobile sharing capabilities, all powered by online cloud services. Linctex aims to empower small and medium-sized clothing enterprises with innovative tools to enhance their design and production processes.

OrigiTech

Series A in 2020
OrigiTech Co., Ltd. is an industrial machinery company headquartered in Shanghai, China. The company specializes in developing smart machines that leverage advanced AI technologies to enhance operational efficiency. OrigiTech's products are designed to be user-friendly and digitally integrated, facilitating easier machine use and reducing installation and debugging time. By addressing the skills gap in the Chinese industrial sector, where traditional occupational education falls short, OrigiTech aims to improve collaboration between workers and machines. This approach not only enhances productivity but also seeks to change perceptions about manufacturing careers, which are often viewed as undesirable despite evolving industry conditions.

Xbiome

Series B in 2019
Xbiome Co. Ltd., established in 2017 and headquartered in Shenzhen, China, is an AI-based microbiome drug development company. It specializes in the analysis of patient and donor intestinal flora using artificial intelligence to accelerate the development of effective pharmaceuticals for microecological intestinal disorders. Xbiome's products focus on micro-ecological treatment, aiming to manage the gut health of a vast population.

AIpark

Series B in 2019
AIpark, founded in 2015 and based in Beijing, China, specializes in parking services and artificial intelligent stereo garage solutions. The company offers innovative parking management systems, including AIpark City and AIpark One, which are designed to alleviate public parking challenges in urban areas and enhance parking efficiency for commercial buildings. By utilizing its proprietary visual recognition technologies, AIpark transforms traditional parking spaces into smarter, more efficient solutions for local governments and businesses. As a subsidiary of Intelligent Interconnection, AIpark is focused on improving the parking experience through advanced technology.

Benlai

Series D in 2019
Beijing Benlai Workshop Technology Co., Ltd. operates as China's largest online fresh grocery market, established in 2012 and headquartered in Beijing. The company specializes in selling a wide range of products, including fruits, vegetables, meats, seafood, dairy, snacks, and kitchen supplies, through its e-commerce platform. With over 25 million paying users across 550 cities, Benlai is committed to providing safe and high-quality food to households throughout China. It maintains a network of warehouses in key cities like Beijing, Shanghai, and Guangzhou, along with temperature-controlled logistics supply centers, ensuring efficient delivery of groceries to customers. The company employs approximately 2,700 people and has achieved significant revenue, reflecting its prominent position in the online grocery sector.

XYZ Robotics

Series A in 2019
XYZ Robotics Inc. specializes in automating picking, sorting, and packing operations using advanced 3D AI and robotic manipulation algorithms. Founded in 2018 and headquartered in Boston, Massachusetts, with an additional office in Shanghai, the company aims to enhance logistics and manufacturing productivity. XYZ Robotics creates a versatile range of AI-powered robotic systems designed for applications such as robotic depalletizing, mixed case palletizing, piece picking, bin picking, and vision-guided assembly. Its innovative machine vision and intelligence software platform promotes efficiency across various industries, including automotive, pharmaceuticals, electronics, e-commerce, retail, and third-party logistics. By implementing AI technology and deep learning, XYZ Robotics facilitates efficient supply chain management, streamlining processes from batch picking to final packaging.

Xbiome

Series A in 2019
Xbiome Co. Ltd., established in 2017 and headquartered in Shenzhen, China, is an AI-based microbiome drug development company. It specializes in the analysis of patient and donor intestinal flora using artificial intelligence to accelerate the development of effective pharmaceuticals for microecological intestinal disorders. Xbiome's products focus on micro-ecological treatment, aiming to manage the gut health of a vast population.

Waterdrop

Series C in 2019
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

Kuaipeilian

Seed Round in 2019
Kuaipeilian operates as an online piano learning platform based in China. It offers personalized virtual piano lessons, tailoring its curriculum to each student's skill level and preferences for optimal learning outcomes. The platform provides on-demand assistance to help students enhance their piano abilities at their own pace.

Waterdrop

Series B in 2019
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

Danke Apartment

Series C in 2019
Danke Apartment is a prominent internet-enabled apartment management startup based in China, founded in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering innovative solutions for both property owners and renters. The company centrally manages apartments sourced from property owners, standardizing design, renovation, and furnishing to ensure high-quality living spaces. With a focus on providing reliable, one-stop services, Danke Apartment operates entirely online, eliminating the need for physical storefronts and facilitating a seamless experience for its users.

Saint Bella

Series A in 2019
Saint Bella is a prenatal and postpartum care center located in Zhuhai City, China, founded in 2017. The center focuses on providing comprehensive services for mothers and their children, including mother and child care, art therapy, and lunar nursing care. Designed to address the spiritual and physical needs of pregnant women, Saint Bella aims to support mothers in becoming better versions of themselves during the critical 28 days following childbirth. The center not only offers nursing services but also fosters a luxurious lifestyle for mothers and their babies, creating an environment conducive to healing and personal growth.

Youhua Technology

Series B in 2018
Shanghai based Media & Entertainment company.

Ark Bio

Series A in 2018
Ark is a company dedicated to early cancer detection through innovative clinical trials. Founded in 2018 and headquartered in Singapore, Ark has developed GASTROClear, a non-invasive blood test that utilizes proprietary miRNA detection technology to identify early-stage cancers before any clinical symptoms manifest. The company emphasizes cost-effectiveness and accessibility in its testing solutions. Ark collaborates with leading medical research institutions worldwide and is conducting Asia's largest miRNA clinical studies, which involve over 50,000 participants. Its research and development, manufacturing, and clinical diagnostic operations span across China and the USA, reinforcing its commitment to advancing cancer detection methodologies.

GalaxySpace

Series A in 2018
Founded in 2016, GalaxySpace specializes in developing and manufacturing low Earth orbit (LEO) broadband satellite constellations for global internet connectivity. Their satellite applications include monitoring services for airports, parking lots, oil reserves, and land use assessment.

Yatsen Holding

Series B in 2018
Yatsen Holding Limited, established in 2016 and headquartered in Guangzhou, China, specializes in the development and sale of beauty products. The company operates under several brands, including Perfect Diary, Little Ondine, and Abby’s Choice. Its product portfolio encompasses a wide range of items such as color cosmetics, skincare, nail care, makeup tools, accessories, kits, perfumes, beauty devices, and colored contact lenses. Yatsen Holding Limited distributes its products through both physical stores and online channels. The company's flagship brand, Perfect Diary, achieved significant success by becoming the top color cosmetics brand in China in terms of online retail sales value within three years of its launch.

Kaochong

Series D in 2018
Kaochong is an online education platform specializing in preparation courses for various English proficiency tests, including the College English Test (CET), IELTS, and TOEFL. The company collaborates with experienced instructors to deliver a range of college-level examination preparation classes and resources. Kaochong's offerings are designed to support students in navigating major examinations, including post-graduate and civil service qualification tests. By providing comprehensive study materials and training, Kaochong aims to assist students in achieving their academic and professional objectives.

Dingdong Maicai

Series A in 2018
Dingdong Maicai is a leading Chinese community-based online retail platform specializing in fresh produce, founded in 2014 and headquartered in Shanghai. The company focuses on enhancing the fresh food consumption experience through its technologically driven service model, which includes direct procurement from producers, efficient pre-warehouse distribution, and rapid home delivery within 29 minutes. It offers a wide range of products, including fresh vegetables, meat, seafood, and other daily necessities, accessible via the Dingdong Fresh app and mini-programs. Operating in major cities like Shanghai, Beijing, Shenzhen, Hangzhou, and Suzhou, Dingdong Maicai is recognized as one of the fastest growing on-demand e-commerce companies in China, supported by an extensive self-operated fulfillment network.

Liaotianbao

Series A in 2018
Bullet Messenger is a Social Networking platform in China that is gunning to take on the local behemoth, WeChat.

Kuaipeilian

Angel Round in 2018
Kuaipeilian operates as an online piano learning platform based in China. It offers personalized virtual piano lessons, tailoring its curriculum to each student's skill level and preferences for optimal learning outcomes. The platform provides on-demand assistance to help students enhance their piano abilities at their own pace.

Dingdong Maicai

Series A in 2018
Dingdong Maicai is a leading Chinese community-based online retail platform specializing in fresh produce, founded in 2014 and headquartered in Shanghai. The company focuses on enhancing the fresh food consumption experience through its technologically driven service model, which includes direct procurement from producers, efficient pre-warehouse distribution, and rapid home delivery within 29 minutes. It offers a wide range of products, including fresh vegetables, meat, seafood, and other daily necessities, accessible via the Dingdong Fresh app and mini-programs. Operating in major cities like Shanghai, Beijing, Shenzhen, Hangzhou, and Suzhou, Dingdong Maicai is recognized as one of the fastest growing on-demand e-commerce companies in China, supported by an extensive self-operated fulfillment network.

Lingshouke.cn

Series A in 2018
Lingshouke.cn, based in Beijing, China, is an online news portal specializing in the retail industry. The company provides a range of content, including online retail news, original business reports, industry information, and in-depth production news. In addition to its publishing activities, Lingshouke.cn offers consulting services, content operations, and professional training tailored for enterprises within the retail sector. The company also generates revenue through display advertising, enhancing its presence in the retail information marketplace.

Youhua Technology

Series A in 2018
Shanghai based Media & Entertainment company.

Danke Apartment

Series B in 2018
Danke Apartment is a prominent internet-enabled apartment management startup based in China, founded in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering innovative solutions for both property owners and renters. The company centrally manages apartments sourced from property owners, standardizing design, renovation, and furnishing to ensure high-quality living spaces. With a focus on providing reliable, one-stop services, Danke Apartment operates entirely online, eliminating the need for physical storefronts and facilitating a seamless experience for its users.

Bomao Catering

Series A in 2018
Bomao Catering is a restaurant chain based in Chongqing, China.

Dingdong Maicai

Seed Round in 2018
Dingdong Maicai is a leading Chinese community-based online retail platform specializing in fresh produce, founded in 2014 and headquartered in Shanghai. The company focuses on enhancing the fresh food consumption experience through its technologically driven service model, which includes direct procurement from producers, efficient pre-warehouse distribution, and rapid home delivery within 29 minutes. It offers a wide range of products, including fresh vegetables, meat, seafood, and other daily necessities, accessible via the Dingdong Fresh app and mini-programs. Operating in major cities like Shanghai, Beijing, Shenzhen, Hangzhou, and Suzhou, Dingdong Maicai is recognized as one of the fastest growing on-demand e-commerce companies in China, supported by an extensive self-operated fulfillment network.

Poizon

Series A in 2018
Poizon, established in 2015 by Shanghai Shizhuang Information Technology Co., Ltd., is China's leading sneaker trading platform, boasting an annual gross merchandise volume of $10 billion and over 1.4 million active users as of 2019. The company operates the Dewu App, which facilitates the exchange of sports equipment and provides features for shoe identification. By employing a consumer-to-business-to-consumer model, Poizon connects buyers and sellers while offering authentication services to guarantee the authenticity of products purchased on its platform. This approach not only enhances user trust but also fosters a community where individuals can communicate and share their enthusiasm for current fashion trends.

PDD Holdings

Series D in 2018
Pinduoduo operates an e-commerce platform in China, allowing users to engage in group buying deals primarily through Tencent's WeChat app. Founded in 2015 and headquartered in Shanghai, Pinduoduo offers a diverse range of products including apparel, electronics, household goods, and food items. The platform aims to facilitate access to the digital economy for local communities and small businesses, enhancing productivity and creating new opportunities. Pinduoduo has developed a robust network of sourcing, logistics, and fulfillment capabilities to support its operations and improve customer experience.

Qianyu Islands

Series A in 2018
Qianyu Islands is the flagship brand of Beijing Beike Youjia Technology Co., Ltd., operating in the urban shared accommodation sector. Established in 2017, the company aims to enhance the traditional lodging experience by offering diverse options such as Japanese-style suites and hotel rooms tailored for a younger demographic. Qianyu Islands prioritizes quality, experience, and innovation, seeking to provide affordable and flexible accommodation solutions that cater to modern consumer preferences. By leveraging internet-based strategies, the company is redefining the mid-end urban accommodation market, focusing on delivering higher value and greater possibilities for its clientele.

Danke Apartment

Series B in 2018
Danke Apartment is a prominent internet-enabled apartment management startup based in China, founded in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering innovative solutions for both property owners and renters. The company centrally manages apartments sourced from property owners, standardizing design, renovation, and furnishing to ensure high-quality living spaces. With a focus on providing reliable, one-stop services, Danke Apartment operates entirely online, eliminating the need for physical storefronts and facilitating a seamless experience for its users.

Akoko

Series A in 2018
Akoko is a bakery based in Hangzhou, China, specializing in the production of healthy and visually appealing baked goods. The company offers a range of products, including cookies, pastries, and ice cream, focusing on delivering high-quality snacks that are free from additives. By prioritizing both taste and health, Akoko aims to cater to consumers looking for delicious treats that align with their wellness goals.

Hot & Hot

Series B in 2018
Hot & Hot is one of the fastest growing on-demand food providers in China. The Company is the dominant leader in online crawfish retailer with over 50% market share in Beijing. With its proprietary supply chain technology, it is currently transforming the traditional restaurant business into a consumer centric online retail brand.

AIpark

Series A in 2017
AIpark, founded in 2015 and based in Beijing, China, specializes in parking services and artificial intelligent stereo garage solutions. The company offers innovative parking management systems, including AIpark City and AIpark One, which are designed to alleviate public parking challenges in urban areas and enhance parking efficiency for commercial buildings. By utilizing its proprietary visual recognition technologies, AIpark transforms traditional parking spaces into smarter, more efficient solutions for local governments and businesses. As a subsidiary of Intelligent Interconnection, AIpark is focused on improving the parking experience through advanced technology.

Alauda

Series B in 2017
Alauda, based in Beijing, China, specializes in providing cloud services that enable enterprise IT departments to drive continuous innovation through digital transformation. Its primary product is an Enterprise Container Platform, which delivers cloud-native capabilities and DevOps best practices. This platform helps businesses modernize application architecture, enhance developer productivity, and achieve operational excellence across various industries such as financial services, manufacturing, aviation, energy, and automotive. Alauda serves organizations undergoing digital transformation by offering strategic services tailored to their needs.

QianbaoCard

Series B in 2017
QianbaoCard is a Shanghai-based start-up that offers financial services to local merchants and consumers through its comprehensive online-to-offline (O2O) platform. The company focuses on enhancing local life services by providing merchants with point-of-sale (POS) systems that facilitate digital payments. In addition to payment solutions, QianbaoCard offers financial credit services and marketing support, enabling merchants to create an integrated consumer experience. This approach not only simplifies local life services for businesses but also fosters a consumer service ecosystem that enhances customer engagement and satisfaction. By collaborating with high-quality businesses, QianbaoCard aims to create a vibrant consumption scene that benefits both merchants and consumers.

Waterdrop

Series A in 2017
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

SmartX

Series B in 2017
SmartX is a prominent provider of hyperconverged infrastructure and software-defined storage solutions. The company offers a fully software-driven platform that is designed to be scalable across all x86 appliances, catering to a diverse clientele that includes major cloud builders, telecommunications companies, and IoT firms in China. SmartX focuses on delivering infrastructure that is distributed, highly reliable, and infinitely scalable, allowing organizations to seamlessly transition from traditional hardware-defined systems to modern enterprise cloud environments. This innovative approach enables enterprises to efficiently manage their IT applications while adapting quickly to evolving technological demands.

DeePhi

Series A in 2017
DeePhi Technology Co., Ltd., founded in 2016 and based in Beijing, China, specializes in developing deep learning artificial intelligence (AI) computing applications. The company focuses on creating automation flows for compression, compiling, and acceleration, achieving joint optimization between algorithms, software, and hardware. DeePhi Tech offers solutions for various terminals, from large servers to small mobile devices, utilizing a new processing unit called DPU for low-power, high-performance intelligent processing. Their technology is applied in neural network compression, compilation, processor design, and FPGA programming, serving industries such as drones, security surveillance, and cloud services. DeePhi Technology aims to provide efficient, convenient, and economical inference platforms for both embedded and server-side applications.

YITU

Series C in 2017
Yitu Limited is a prominent artificial intelligence company based in Shanghai, China, founded in 2012. The firm specializes in the research and development of AI solutions across various sectors, including smart cities, healthcare, and commerce. Yitu focuses on areas such as machine vision, natural language understanding, and intelligent hardware, seeking to create comprehensive solutions that enhance operational efficiency and drive innovation. The company offers a range of products, including AI infrastructure for city management, medical diagnostic technologies, and applications for smart finance and retail. With a strong emphasis on fundamental research, Yitu aims to deliver breakthroughs that expand the potential of AI and contribute to a safer, faster, and healthier world. Its advanced R&D team is dedicated to transforming industries by integrating AI technologies into practical business applications.

Geek+

Series A in 2017
Geek+ specializes in developing autonomous mobile robots for optimizing warehouse, factory, and supply chain operations. They offer tailored solutions across various industries such as e-commerce, retail, logistics, and manufacturing by integrating advanced robotics and AI technologies.

PDD Holdings

Series C in 2017
Pinduoduo operates an e-commerce platform in China, allowing users to engage in group buying deals primarily through Tencent's WeChat app. Founded in 2015 and headquartered in Shanghai, Pinduoduo offers a diverse range of products including apparel, electronics, household goods, and food items. The platform aims to facilitate access to the digital economy for local communities and small businesses, enhancing productivity and creating new opportunities. Pinduoduo has developed a robust network of sourcing, logistics, and fulfillment capabilities to support its operations and improve customer experience.

Leapstack

Series A in 2017
Leapstack is an insurance technology company founded in February 2016 and headquartered in Shanghai, with additional offices in Beijing and Nanjing. The company specializes in big data artificial intelligence solutions tailored for commercial insurance providers and social security management agencies. Leapstack develops a data analysis and management platform that enhances the insurance claims process by offering services such as risk control monitoring, post-medical reimbursement, and anti-fraud compliance identification. By addressing inefficiencies within the insurance industry, Leapstack aims to improve operational effectiveness and facilitate better decision-making for its clients.

5Lmeet

Series A in 2016
5Lmeet is a provider of co-working spaces based in Beijing, China, specializing in creating shared environments that foster community and collaboration among urban dwellers. The company has established its first center in the Dongcheng district, featuring a variety of lifestyle amenities including an open office area, a bookstore, a gym, a rooftop garden, restaurants, and event spaces. 5Lmeet aims to enhance the working experience by offering round-the-clock lifestyle services that cater to the diverse needs of its users, enabling them to work, dine, and socialize in a cohesive setting. Through its innovative approach to urban renewal and spatial reconstruction, 5Lmeet is committed to transforming the way people interact in shared spaces.

BOSS Zhipin

Series C in 2016
BOSS Zhipin is an online recruitment platform in China in terms of average MAU. BOSS Zhipin are a pioneer in introducing a disruptive model which is transforming China’s online recruitment industry – the Direct Recruitment Model. Our mobile-native product promotes instant direct chats between Bosses and job seekers, delivers accurate recommendation results, and is powered by proprietary AI algorithms and big data insights.

Baiwancang

Angel Round in 2016
Baiwancang is a B2B e-commerce platform based in China that specializes in industrial products and electronics. It connects businesses with quality products and merchants within the industrial sector, offering a comprehensive service that integrates both online and offline elements. The platform aims to enhance the procurement strategies of purchasing enterprises by focusing on reducing costs, improving efficiency, and facilitating online purchasing. Through its services, Baiwancang provides personalized support to help procurement companies navigate their purchasing needs effectively.

PDD Holdings

Series B in 2016
Pinduoduo operates an e-commerce platform in China, allowing users to engage in group buying deals primarily through Tencent's WeChat app. Founded in 2015 and headquartered in Shanghai, Pinduoduo offers a diverse range of products including apparel, electronics, household goods, and food items. The platform aims to facilitate access to the digital economy for local communities and small businesses, enhancing productivity and creating new opportunities. Pinduoduo has developed a robust network of sourcing, logistics, and fulfillment capabilities to support its operations and improve customer experience.

Mingyizhudao

Series B in 2016
mingyizhudao is the leading Internet + surgery platform and the only medical case sharing economic case research base in China. Its gold medal product “Medical Doctor” was launched in March 2015. It has become the authoritative Internet medical surgery platform in China. It has signed more than 40,000 experts from the top director level of the top three hospitals at home and abroad, and 100,000 grassroots doctors, over 1,000. Home-based cooperative hospital.

BeiBei

Series D in 2016
BeiBei Group, founded in 2011 and based in Hangzhou, China, operates a comprehensive e-commerce platform that specializes in women and children's apparel, accessories, household goods, diapers, and toys. The company is dedicated to providing a wide variety of products at competitive prices, catering to the needs of families. With a focus on convenience, BeiBei offers free delivery services, allowing customers to receive their purchases at specified times and locations. The founding team comprises former members of Alibaba, and the company has attracted significant venture capital investment from various notable firms. BeiBei aims to establish itself as a leading technology retail platform in the global market.

Meta View

Series B in 2016
Meta View is a technology company specializing in augmented and virtual reality solutions, catering to various industries such as manufacturing, communication, media, medicine, education, and 3D modeling. Founded in 2019 by Ben Sand, Meron Gribetz, and Raymond Lo, the company develops wearable devices and development kits, including the Meta 1 and Meta 2, which enable users to interact with holograms and access digital information seamlessly. Headquartered in San Mateo, California, Meta View distributes its products to markets in the United States, Canada, Australia, New Zealand, Hong Kong, Japan, Singapore, Taiwan, and throughout the European Union and EFTA. The company's innovative offerings leverage machine learning and artificial intelligence to enhance user experiences in both augmented and virtual reality environments.

Waterdrop

Series A in 2016
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

Ucommune

Series A in 2016
Ucommune is a flexible office space provider and manager headquartered in Beijing. It offers fully serviced, furnished workspaces with long-term, on-demand, and short-term leasing for freelancers, startups, small and medium-sized enterprises, and corporations. The company operates in China and internationally, including Singapore, New York City, San Francisco, and London, leveraging a member community and a platform to deliver workspace membership as well as marketing, branding, and related services.

Leapstack

Angel Round in 2016
Leapstack is an insurance technology company founded in February 2016 and headquartered in Shanghai, with additional offices in Beijing and Nanjing. The company specializes in big data artificial intelligence solutions tailored for commercial insurance providers and social security management agencies. Leapstack develops a data analysis and management platform that enhances the insurance claims process by offering services such as risk control monitoring, post-medical reimbursement, and anti-fraud compliance identification. By addressing inefficiencies within the insurance industry, Leapstack aims to improve operational effectiveness and facilitate better decision-making for its clients.

Klover InsurTech

Series A in 2016
Klover InsurTech is a technology-driven platform specializing in auto insurance and after-sales services, founded in 2015 and headquartered in Shanghai. The company was established by professionals from the financial insurance and Internet technology sectors and has rapidly expanded its reach across various provinces and cities in China. Klover InsurTech utilizes big data and blockchain technologies to enhance the efficiency of motor insurance claims and reduce channel costs. Its innovative internet insurance service platform offers consumers access to automotive insurance products at competitive premiums, facilitating a streamlined claims process and improving overall customer experience.

Alauda

Series A in 2015
Alauda, based in Beijing, China, specializes in providing cloud services that enable enterprise IT departments to drive continuous innovation through digital transformation. Its primary product is an Enterprise Container Platform, which delivers cloud-native capabilities and DevOps best practices. This platform helps businesses modernize application architecture, enhance developer productivity, and achieve operational excellence across various industries such as financial services, manufacturing, aviation, energy, and automotive. Alauda serves organizations undergoing digital transformation by offering strategic services tailored to their needs.

Zhai.me

Series B in 2015
Zhai.Me is a Chinese online-to-offline e-commerce platform focused on serving students by providing a convenient way to purchase a wide range of products online. The platform facilitates on-demand delivery, ensuring that students can access the items they need quickly and efficiently. By bridging the gap between online shopping and local delivery, Zhai.Me enhances the shopping experience for its user base, making it easier for students to acquire products without the need to visit physical stores.

Roborock

Angel Round in 2015
Founded in 2014, Roborock specializes in the research, development, production, and sales of robotic home cleaners. Headquartered in Beijing with offices in Shanghai and Shenzhen, the company creates innovative cleaning solutions to enhance daily life through advanced technology.

PDD Holdings

Series A in 2015
Pinduoduo operates an e-commerce platform in China, allowing users to engage in group buying deals primarily through Tencent's WeChat app. Founded in 2015 and headquartered in Shanghai, Pinduoduo offers a diverse range of products including apparel, electronics, household goods, and food items. The platform aims to facilitate access to the digital economy for local communities and small businesses, enhancing productivity and creating new opportunities. Pinduoduo has developed a robust network of sourcing, logistics, and fulfillment capabilities to support its operations and improve customer experience.

Guanmai Technology

Series A in 2015
Guanmai Technology is currently the leading SaaS company in the B2B field of fresh food in China. Guanmai, formerly a fresh delivery company for small farmers and girls , has served nearly 30,000 restaurant companies in Guangdong. In 2014-16, it has deeply practiced the B2B business of food distribution, and has accumulated rich experience and industry knowledge of B2B food distribution.

Leqee

Seed Round in 2015
Leqee is a Chinese technology company established in 2009, headquartered in Dongguan. It specializes in e-commerce platform development services, encompassing online store creation and maintenance, digital marketing, client support, IT systems, and logistics solutions including warehousing. The company also offers organizational support throughout the supply chain, such as data marketing, customer experience, brand strategy centers, and logistics facilities. Leqee brings together professionals from diverse sectors like technology, branding, e-commerce, advertising, and consulting to deliver high-quality services tailored for businesses seeking efficient returns on their investments.

BeiBei

Series C in 2015
BeiBei Group, founded in 2011 and based in Hangzhou, China, operates a comprehensive e-commerce platform that specializes in women and children's apparel, accessories, household goods, diapers, and toys. The company is dedicated to providing a wide variety of products at competitive prices, catering to the needs of families. With a focus on convenience, BeiBei offers free delivery services, allowing customers to receive their purchases at specified times and locations. The founding team comprises former members of Alibaba, and the company has attracted significant venture capital investment from various notable firms. BeiBei aims to establish itself as a leading technology retail platform in the global market.

YITU

Series A in 2015
Yitu Limited is a prominent artificial intelligence company based in Shanghai, China, founded in 2012. The firm specializes in the research and development of AI solutions across various sectors, including smart cities, healthcare, and commerce. Yitu focuses on areas such as machine vision, natural language understanding, and intelligent hardware, seeking to create comprehensive solutions that enhance operational efficiency and drive innovation. The company offers a range of products, including AI infrastructure for city management, medical diagnostic technologies, and applications for smart finance and retail. With a strong emphasis on fundamental research, Yitu aims to deliver breakthroughs that expand the potential of AI and contribute to a safer, faster, and healthier world. Its advanced R&D team is dedicated to transforming industries by integrating AI technologies into practical business applications.

Huami

Series A in 2014
Huami is a leading wearable device company known for the Amazfit line of fashion-forward activity trackers and smartwatches, including models such as Pace, Arc, Cor, Bip, Moonbeam and Equator. Launched in 2014, it has reported selling over 50 million devices and positions itself as the top wearable device company by units sold. The company focuses on integrating biomechanical signals and daily activities with smart data services to promote healthy living and simplify daily life. It is the exclusive wearable technology provider for Xiaomi and the maker of the Mi Band. Huami maintains operations in Beijing and Mountain View, California, supported by investors such as Sequoia Capital, Shunwei Capital Partners, Banyan Capital, Morningside Ventures and Xiaomi.

Alauda

Seed Round in 2014
Alauda, based in Beijing, China, specializes in providing cloud services that enable enterprise IT departments to drive continuous innovation through digital transformation. Its primary product is an Enterprise Container Platform, which delivers cloud-native capabilities and DevOps best practices. This platform helps businesses modernize application architecture, enhance developer productivity, and achieve operational excellence across various industries such as financial services, manufacturing, aviation, energy, and automotive. Alauda serves organizations undergoing digital transformation by offering strategic services tailored to their needs.

ThreePapas

Series A in 2014
Threepapas, established in Beijing, China in 2014, specializes in manufacturing air purifiers tailored for children's use. Their flagship product is an intelligent air purifier that detects PM 2.5 density and automatically adjusts its power based on real-time air quality, ensuring a safer environment for children. In addition to air purifiers, Threepapas develops smart technology products such as robots, augmented reality teaching aids, and toys, positioning itself as a brand dedicated to creating innovative solutions centered around children's health, education, and entertainment.

BeiBei

Series B in 2014
BeiBei Group, founded in 2011 and based in Hangzhou, China, operates a comprehensive e-commerce platform that specializes in women and children's apparel, accessories, household goods, diapers, and toys. The company is dedicated to providing a wide variety of products at competitive prices, catering to the needs of families. With a focus on convenience, BeiBei offers free delivery services, allowing customers to receive their purchases at specified times and locations. The founding team comprises former members of Alibaba, and the company has attracted significant venture capital investment from various notable firms. BeiBei aims to establish itself as a leading technology retail platform in the global market.

Mizhe.com

Series B in 2014
Mizhe.com is an e-commerce platform established in 2011 and headquartered in Hangzhou, China. The website specializes in providing discounts to shoppers across various Chinese e-commerce sites, collaborating with over 600 online retailers, including notable names like Tmall and Dangdang. Mizhe.com offers a user-friendly shopping guide that directs customers through referral links to popular platforms such as Taobao and Amazon China. Shoppers can access discounts of up to 50 percent on their purchases and discover additional coupons through Miquan.com, which is comparable to Groupon in China. With millions of registered users and hundreds of thousands of daily active shoppers, Mizhe.com has claimed sales exceeding 100 million RMB. The company received an investment of over $1.6 million from IDG Capital Partners during its Series A funding round in 2012.

Avazu

Series A in 2014
Avazu (Avazu艾维邑动) is a service provider of online advertising and digital marketing with its focus on globalized PC and mobile internet advertising. It is also focused on providing overseas promotion and marketing services for Chinese companies. The flow coverage of Avazu exceeds 100 billion per month, and its communication and promotions cover more than 130 countries and 85% internet users in the world. Avazu was founded in Germany in 2009 and headquartered in Shanghai in the same year. Avazu opened branches in Beijing, Tokyo, Amsterdam, Brunei and Hongkong in 2014.

Leqee

Angel Round in 2014
Leqee is a Chinese technology company established in 2009, headquartered in Dongguan. It specializes in e-commerce platform development services, encompassing online store creation and maintenance, digital marketing, client support, IT systems, and logistics solutions including warehousing. The company also offers organizational support throughout the supply chain, such as data marketing, customer experience, brand strategy centers, and logistics facilities. Leqee brings together professionals from diverse sectors like technology, branding, e-commerce, advertising, and consulting to deliver high-quality services tailored for businesses seeking efficient returns on their investments.

Benlai

Series A in 2014
Beijing Benlai Workshop Technology Co., Ltd. operates as China's largest online fresh grocery market, established in 2012 and headquartered in Beijing. The company specializes in selling a wide range of products, including fruits, vegetables, meats, seafood, dairy, snacks, and kitchen supplies, through its e-commerce platform. With over 25 million paying users across 550 cities, Benlai is committed to providing safe and high-quality food to households throughout China. It maintains a network of warehouses in key cities like Beijing, Shanghai, and Guangzhou, along with temperature-controlled logistics supply centers, ensuring efficient delivery of groceries to customers. The company employs approximately 2,700 people and has achieved significant revenue, reflecting its prominent position in the online grocery sector.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.