Xiaomi Technology

Xiaomi Corporation is a technology company headquartered in Beijing, China, founded in 2010. It specializes in manufacturing and marketing smartphones, consumer electronics, and Internet of Things (IoT) products. Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment includes a range of Android-based devices, while the IoT and Lifestyle Products segment features smart TVs, laptops, AI speakers, and various smart hardware. Additionally, Xiaomi provides Internet services such as advertising and value-added services. The company has expanded its presence internationally and is a leading smartphone brand in India and increasing its market share in Europe. Xiaomi is known for its commitment to innovation and customer feedback, which informs its product development. It sells its products through online platforms and retail stores across multiple countries.

Manu Jain

Global Vice President

Pingping Mao Shirley

Executive Director / Head of Oversea Investment

Past deals in Beijing

Tanway Technology

Venture Round in 2023
Tanway focuses on the production of vehicle gauges and electronic research and development. The company was founded in 2017 and is headquartered in Haidian District, Beijing, China.

Robosense

Series G in 2023
RoboSense, also known as Suteng Innovation Technology Co., Ltd., specializes in providing advanced LiDAR sensor systems for autonomous vehicles and robotics. Established in 2014 by a team of PhDs from Harbin Institute of Technology, the company has developed a comprehensive environment perception solution that integrates high-quality LiDAR hardware with proprietary 3D data processing algorithms and artificial intelligence technologies. This integration allows for enhanced perception capabilities in robots and vehicles, enabling them to effectively navigate their environments. With headquarters in Shenzhen, China, and additional R&D centers in Beijing and Silicon Valley, RoboSense has built a robust operational framework that encompasses research and development, production, and marketing. The company has fostered collaborations with prestigious educational and research institutions, contributing to its innovative approach and talent acquisition. Over the years, RoboSense has focused on broadening the applications of its technology, positioning itself as a leader in the growing field of autonomous perception solutions.

DataStory

Series C in 2022
DataStory is a big data and AI intelligent business application provider.

DianhuaBang

Series C in 2021
DianhuaBang offers phone number search, customized text messaging and dialing, and caller ID services. The company is based in Beijing, China.

Beijing Weilan New Energy Technology

Venture Round in 2021
Beijing Weilan New Energy Technology is an enterprise company focusing on the development and production of next-generation all-solid-state batteries. One of the battery companies with patents and technologies for all-solid-state battery cores. With the core concept of “Huijuwei Blue, Leading Solid State”, the company has a leading domestic and international leading technology and development team. The company was established in 2016 and is based in Beijing, China.

Beijing Shunzao Technology

Series B in 2021
Beijing Shunzao Technology is an innovative technology company that focuses on the research and development of high-end cleaning appliances such as vacuum cleaners and intelligent sweeping robots for the global market. The products cover a wide range of cleaning scenarios, including household, vehicle, and office cleaning. The products, which rely on their own strong core technology and supply chain matrix, have been widely recognized and concerned by the market since their launch.

DeepMotion

Acquisition in 2021
DeepMotion is an autonomous driving solution provider based in Beijing, China, founded in 2017. The company specializes in advanced driver assistance systems (ADAS) through its flagship product, DeepMotion Client, which offers features such as lane departure warning, pedestrian detection, and collision warning. Notably, it achieves localization accuracy of 10 centimeters without relying on Real-Time Kinematic (RTK) positioning. Additionally, DeepMotion Cloud plays a crucial role by receiving and integrating billions of observations from its crowdsourced DM-100 devices to create consistent 3D semantic maps.

AIpark

Venture Round in 2021
AIpark, founded in 2015 and based in Beijing, China, specializes in parking services and artificial intelligent stereo garage solutions. The company offers advanced parking management systems, AIpark City and AIpark One, which tackle public and commercial parking challenges. By utilizing its proprietary visual recognition technologies, AIpark transforms traditional parking spaces into smarter solutions for local governments and businesses. Operating as a subsidiary of Intelligent Interconnection, AIpark aims to enhance parking efficiency and convenience through innovative technology.

Beijing Shunzao Technology

Venture Round in 2021
Beijing Shunzao Technology is an innovative technology company that focuses on the research and development of high-end cleaning appliances such as vacuum cleaners and intelligent sweeping robots for the global market. The products cover a wide range of cleaning scenarios, including household, vehicle, and office cleaning. The products, which rely on their own strong core technology and supply chain matrix, have been widely recognized and concerned by the market since their launch.

Cvitek

Series A in 2021
Cvitek, founded in 2019 and headquartered in Beijing, China, specializes in the design, research, and development of artificial intelligence system-on-a-chip technologies. The company focuses on semiconductor solutions specifically tailored for video surveillance and edge computing applications. By leveraging advanced technology, Cvitek aims to deliver cost-effective solutions to its users, enhancing the efficiency and capabilities of video surveillance systems and related computing technologies.

TacSense

Series A in 2020
TacSense, Inc. is a company that specializes in the manufacture of pressure-sensitive ionic materials and structures equipped with electronic sensors. Founded in 2013 and headquartered in Woodland, California, with additional offices in Shenzhen and Beijing, TacSense has developed its proprietary Flexible Iontronic Sensing (FITS) Technology. This technology establishes an ionic-electronic interface that responds to mechanical stimuli, allowing for high-quality, noise-immune pressure and force signals. The company’s products, including µSens and tSens, are utilized across various sectors, including medical applications such as sleep and vital signs monitoring, as well as in baby and elderly care, cardiovascular devices, robotic systems for hazardous environments, and surgical robotics. TacSense aims to meet the growing demands for sensitive pressure sensing interfaces in a range of industries, including consumer electronics and automotive applications.

Milian Technology

Series B in 2020
Milian Technology is a platform for dating and dating. According to the needs of different users, we have launched a variety of dating products, including love in the same city, dating in the same city, love in the city and many other Android clients. The registered users of the platform have exceeded 10 million, belonging to Beijing. Milian Technology Co., Ltd.

Huisuanzhang

Series C in 2020
Huisuanzhang is a financial services platform that caters to small and medium-sized enterprises (SMEs) in China, offering a range of services including accounting, business registration, tax audits, and trademark registration. Established in April 2015, the company has expanded its reach with seven branches across major cities such as Beijing, Shanghai, and Guangzhou, and its service network now spans over 200 cities through more than 300 regional agencies, serving over 230,000 business users. Utilizing cloud and mobile internet technology, Huisuanzhang focuses on delivering standardized and refined financial services, enhancing user experience, and addressing the specific needs of SMEs throughout their life cycle. The platform aims to provide affordable and efficient financial solutions, continuously evolving to meet the demands of its clientele in a competitive market.

Huisuanzhang

Series C in 2018
Huisuanzhang is a financial services platform that caters to small and medium-sized enterprises (SMEs) in China, offering a range of services including accounting, business registration, tax audits, and trademark registration. Established in April 2015, the company has expanded its reach with seven branches across major cities such as Beijing, Shanghai, and Guangzhou, and its service network now spans over 200 cities through more than 300 regional agencies, serving over 230,000 business users. Utilizing cloud and mobile internet technology, Huisuanzhang focuses on delivering standardized and refined financial services, enhancing user experience, and addressing the specific needs of SMEs throughout their life cycle. The platform aims to provide affordable and efficient financial solutions, continuously evolving to meet the demands of its clientele in a competitive market.

Huisuanzhang

Series B in 2018
Huisuanzhang is a financial services platform that caters to small and medium-sized enterprises (SMEs) in China, offering a range of services including accounting, business registration, tax audits, and trademark registration. Established in April 2015, the company has expanded its reach with seven branches across major cities such as Beijing, Shanghai, and Guangzhou, and its service network now spans over 200 cities through more than 300 regional agencies, serving over 230,000 business users. Utilizing cloud and mobile internet technology, Huisuanzhang focuses on delivering standardized and refined financial services, enhancing user experience, and addressing the specific needs of SMEs throughout their life cycle. The platform aims to provide affordable and efficient financial solutions, continuously evolving to meet the demands of its clientele in a competitive market.

ASU Tech

Series A in 2017
ASU Tech manufactures and sells micro-projection modules, wearable gadgets, and accessories. Their product line includes the ASU micro-projection custom edition, the ASU watch laser projection black and gold, and the ASU bluetooth headset.

Ximalaya FM

Series C in 2016
Ximalaya (喜马拉雅) is a service website that enables users to share voices and personal radio stations. It is a product of Beijing Nali Huiju Network Science and Technology Co., Ltd. It was founded in August, 2012 and is committed to the construction and operation of online audio sharing platform. It launched ""Ximalaya APP"" in March 2013, and in just half a year, it achieved the target of ten million subscribers. In early May of 2014, the number of activated users of Himalaya exceeded 50 million, making Ximalaya the biggest online audio sharing platform in China. On May 22, 2014, Himalayan announced that it has successfully received an A series venture capital investment of 11.5 million US dollars. As of May 2014, the Ximalaya certified audio show creators were more than 6000. Its established columns were 240000 with audio volume reaching nearly 3 million and average daily new upload audio hitting more than 10000.

Ximalaya FM

Series C in 2016
Ximalaya (喜马拉雅) is a service website that enables users to share voices and personal radio stations. It is a product of Beijing Nali Huiju Network Science and Technology Co., Ltd. It was founded in August, 2012 and is committed to the construction and operation of online audio sharing platform. It launched ""Ximalaya APP"" in March 2013, and in just half a year, it achieved the target of ten million subscribers. In early May of 2014, the number of activated users of Himalaya exceeded 50 million, making Ximalaya the biggest online audio sharing platform in China. On May 22, 2014, Himalayan announced that it has successfully received an A series venture capital investment of 11.5 million US dollars. As of May 2014, the Ximalaya certified audio show creators were more than 6000. Its established columns were 240000 with audio volume reaching nearly 3 million and average daily new upload audio hitting more than 10000.

Roborock

Angel Round in 2015
Beijing Roborock Technology Co., Ltd. is a company focused on the design, research, development, and production of robotic home cleaners and other intelligent cleaning appliances. Established in July 2014, Roborock is headquartered in Beijing, with additional research and development offices in Shanghai and Shenzhen. The company aims to address various household cleaning challenges through innovative technology, offering products that enhance the convenience of daily life. Roborock’s team of engineers, designers, and scientists collaborates extensively throughout the development and testing phases to ensure high-quality and effective cleaning solutions.

Ninebot

Venture Round in 2015
Ninebot Inc. is a company that specializes in the design, development, manufacturing, distribution, and sale of short-distance personal transportation products. Founded in 2012 by Gao Lufeng, the company is headquartered in Beijing, China. Ninebot's product offerings include eco-friendly, electric, and self-balancing vehicles aimed at facilitating short-range commuting. The company serves a diverse customer base through a network of distributors and retail outlets both in China and internationally.

Kingsoft Cloud

Series B in 2015
Kingsoft Cloud Holdings Limited, established in 2012 and headquartered in Beijing, is a prominent cloud services provider in China. The company offers a broad range of public and enterprise cloud services tailored to various sectors, including gaming, video, artificial intelligence, e-commerce, education, finance, public services, and healthcare. Kingsoft Cloud's extensive product portfolio includes cloud servers, physical hosts, relational databases, object storage, load balancing, virtual private networks, content delivery networks, and cloud security solutions. Additionally, the company provides advertising placement agency services and AIoT solutions, catering to the evolving needs of businesses and organizations. With data centers and offices worldwide, Kingsoft Cloud is recognized as one of the top cloud computing companies in China.

Huami

Series A in 2014
Launched in 2014, Huami is the top #1 wearable device company in the world, ahead of Apple and Fitbit, with over 50 million units sold. Huami's mission is to seamlessly connect biomechanical signals and daily activities with smart data services to promote healthy living and to make our lives easier. The product line of fashionable activity trackers and smartwatches under the Amazfit brand, including the Pace, Arc, Cor, Bip, Moonbeam and Equator, effortlessly track activity without sacrificing style. Huami is the exclusive provider of wearable technology for Xiaomi and maker of the Mi Band. Huami has raised $35 million from Sequoia Capital, Shunwei Capital Partners, Banyan Capital, Morningside Ventures and Xiaomi. The company is privately-held and headquartered in Beijing and and Mountain View, CA.

VNET Group

Post in 2014
VNET is a prominent internet data center services provider based in Beijing, China, specializing in hosting, cloud services, and business VPN solutions. Established in 1996 and originally known as AsiaCloud, the company transitioned to the data center sector, opening its first self-developed facility in 2010. VNET has evolved its service offerings to include colocation and cloud services, catering to both retail and hyperscale clients, including major players like Alibaba Cloud, Tencent Cloud, and Huawei Cloud. As of March 2024, VNET operates 48,503 self-built retail cabinets, primarily located in Beijing, Shanghai, and the Greater Bay area, along with 332 MW of wholesale capacity. The company’s infrastructure enhances the reliability, security, and speed of internet connections for its diverse customer base.

iQIYI

Series F in 2014
iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

Aiqi Technology

Angel Round in 2014
Beijing AIQI Technology Co., Ltd. is an Internet technology company focused on the research and development of artificial intelligence and robotic technology. The company has assembled a team of enthusiastic and innovative individuals dedicated to exploring advancements in intelligent equipment, resulting in the acquisition of numerous patents over the past three years. A notable achievement includes a partnership with a prominent technology firm, positioning AIQI as the sole provider of DIY intelligent robots within that company's ecosystem. AIQI specializes in creating interactive DIY family robots designed for K-12 STEM education, leveraging advanced AI technology to enhance human-machine interaction. Their products are user-friendly, updatable, and aim to inspire creativity while providing engaging experiences for users in modern life.

Kingsoft Cloud

Seed Round in 2012
Kingsoft Cloud Holdings Limited, established in 2012 and headquartered in Beijing, is a prominent cloud services provider in China. The company offers a broad range of public and enterprise cloud services tailored to various sectors, including gaming, video, artificial intelligence, e-commerce, education, finance, public services, and healthcare. Kingsoft Cloud's extensive product portfolio includes cloud servers, physical hosts, relational databases, object storage, load balancing, virtual private networks, content delivery networks, and cloud security solutions. Additionally, the company provides advertising placement agency services and AIoT solutions, catering to the evolving needs of businesses and organizations. With data centers and offices worldwide, Kingsoft Cloud is recognized as one of the top cloud computing companies in China.
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