Shenzhen Capital Group

Shenzhen Capital Group Co., Ltd (SCGC) is a venture capital firm founded in 1999 by the Shenzhen Government. The company is dedicated to fostering national industries, developing national brands, and promoting economic transformation through investments in emerging sectors. SCGC primarily targets small to medium enterprises and innovative high-tech companies, focusing on those in various stages of growth, including startups and those undergoing transformation. Its investment portfolio spans industries that align with national policy support, such as information technology, internet services, new media, biopharmaceuticals, new energy, environmental protection, chemical engineering, and high-end equipment manufacturing. With a registered capital of 5.42 billion RMB and significant assets under management, SCGC has established itself as a leader in the venture capital landscape, having invested in numerous companies, many of which have achieved public listings across global capital markets.

Fang Aihua

Investment Director

Haitao Jin

Chairman

Lin Yunyu

Investment Director

Past deals in Automotive

Guangdong Xinyue

Series A in 2024
Xinyueneng manufactures silicon carbide chips and conducts research and development in the automotive and industrial control industries.

Tongyu Automotive

Series B in 2023
Tongyu Automotive is a developer of intelligent driving systems focused on the emerging autonomous driving industry. The company specializes in the research and development of next-generation control-by-wire technologies, which are essential for intelligent and electrified vehicles. Its product offerings include brake-by-wire systems, steering-by-wire systems, braking energy recovery systems, and advanced driver assistance systems. Through its innovative solutions, Tongyu Automotive aims to meet the evolving demands of modern automotive technology, contributing to the advancement of vehicle intelligence and electrification.

SAGE Intelligent

Seed Round in 2023
SAGE Intelligent is a composite robot manufacturer. SAGE's current products include a wide range of topics, from robot controllers and operating systems to applications for artificial intelligence and large data processing, cloud transmission and storage, application software, and entire machine products.

Voyager Technology

Series B in 2023
Voyager Technology Inc. is a manufacturer of automotive electronics systems, specializing in advanced driving assistant and autonomous driving solutions. Founded in 2013 and headquartered in Shanghai, China, the company focuses on key areas such as environmental perception, intelligent decision-making, and control execution. Voyager Technology aims to deliver safe and efficient intelligent travel solutions to its customers.

Hairuisi Automation Technology

Series A in 2023
Hairuisi engages in the development, manufacture, and sale of airtightness detectors and inspection tools. The products are air tightness testers, auxiliary tooling for air tightness testing, and non-standard custom assembly equipment Their products are used in communication digital, audio, electrical, security, lighting, vehicle electronics, medical instruments, wire connections, and mobile phone columns.

KHAT

Series B in 2022
KHAT is a developer and producer of electronically controlled suspension for passenger vehicles.

GAC Aion New Energy Automobile

Series A in 2022
GAC Aion New Energy Automobile is a manufacturer of electric vehicles and offers new energy products and services. It is a Chinese electric vehicle marque of Guangzhou Automobile Corporation. The company was established in 2017 and was introduced in 2018 as a sub-brand and in 2020 as a marque.

LinearX

Seed Round in 2022
LinearX is a software company specializing in the development of intelligent driving platform software. It focuses on creating high-reliability, high-security, and high-real-time operating systems for autonomous vehicles. The company’s innovative approach includes the use of self-developed dual-communication middleware, which facilitates reliable data transmission across diverse hardware components. LinearX aims to provide a fully autonomous and controllable operating system, along with a scalable software platform that can be customized to meet specific client needs. By emphasizing the interconnection between underlying data and application platforms, LinearX positions itself as a key player in the intelligent driving technology sector.

Phylion Battery

Venture Round in 2022
Phylion Battery is a manufacturer based in Suzhou, China, specializing in the development, production, and sales of lithium-ion batteries. Utilizing lithium manganate as its positive electrode material, the company has established an annual production capacity of 5GWh. With over 15 years of experience in technology transformation, Phylion has successfully served 8 million end users and provided battery solutions for more than 45,000 electric vehicles globally. The company is recognized as a high-tech enterprise in the power lithium battery sector and is actively involved in research and development within the energy storage field. Phylion is committed to delivering innovative power supply solutions for new energy vehicles and various industrial applications worldwide.

Hozon

Series D in 2022
Zhejiang Hozon New Energy Automobile Co., Ltd., founded in 2014 and headquartered in Tongxiang, China, specializes in the design and manufacture of electric vehicles. The company produces models such as the Nezha U, Nezha N01, and Eureka 02, focusing on integrating innovative technology through research and development. Hozon emphasizes intelligent manufacturing and multi-channel sales services, aiming to deliver high-quality, cost-effective intelligent electric vehicles. By prioritizing advancements in electricity, intelligence, and connectivity, Hozon seeks to enhance the user experience, providing a simple, intuitive, and comfortable mode of transportation. The company also maintains research and development centers in both China and the United States.

AutoBrain

Series A in 2021
AutoBrain develops solutions using safe system architecture and autonomous driving technologies to build a smart transportation network for travel and transit. They utilize the OEM mass production and trunk logistics operations of automakers to build up deep L4 and L5 level memory as they fit the needs of scene parties and vehicle businesses with motorway autopilot products. The network development plan is connected to autonomous driving technology, and together with partners, they will test the commercialization strategy for upcoming intelligent transportation.

SVOLT

Series B in 2021
SVOLT manufacturer of electric batteries. They specialize in the manufacturing of automotive power batteries and energy storage systems. Their market applications include passenger cars, commercial vehicles, energy storage, and light power solutions. Their products include batteries and energy storage batterie. They provide users with energy vehicle charging piles, batteries recycling, and solutions.

Rokae

Series C in 2021
Rokae is a manufacturer specializing in the research, development, and production of lightweight industrial robots and robot control systems. The company is dedicated to enhancing industrial automation by offering high-performance robotic products and interactive control systems. Its solutions are utilized across various sectors, including computing, communications, consumer electronics, textiles, food, medicine, and automotive manufacturing. Rokae aims to add value for high-end manufacturing clients through its commitment to independent research and development, focusing on both robot hardware and integrated application solutions.

Efort

Venture Round in 2019
Efort is a listed company in science and technology. The company provides robot products and cross-industry intelligent manufacturing solutions that have empowered industries such as automobiles and parts, 3C electronics, home appliances, rail transit, aerospace, engineering machinery, photovoltaics, casting, sanitary ceramics, furniture, and wood.

Innoviz Technologies

Series C in 2019
Innoviz Technologies Ltd. specializes in designing and manufacturing solid-state LiDAR sensors and perception software that facilitate the mass production of autonomous vehicles. The company offers InnovizPro, a solid-state LiDAR known for its exceptional performance and value, and InnovizOne, an automotive-grade LiDAR sensor that delivers advanced 3D sensing capabilities for various levels of autonomous driving (Levels 3 to 5). Innoviz's products also include solutions for object identification and tracking, sensor fusion, as well as mapping and localization. The company partners with a range of notable investors and strategic allies, enhancing its position in the industry. Founded in 2016 and headquartered in Rosh HaAyin, Israel, Innoviz Technologies aims to provide comprehensive solutions for original equipment manufacturers (OEMs) and Tier-1 suppliers involved in the development of autonomous vehicles, serving markets that include passenger cars, robotaxis, shuttles, delivery vehicles, and logistics.

Aante

Series B in 2018
Aante is a comprehensive supplier of FA factory automation components. It is committed to the development and manufacturing of automobile testing and testing equipment.

Ebusbar

Series C in 2017
Ebusbar specializes in the design and manufacture of essential components for high-voltage systems in new energy vehicles. The company enhances its research and development capabilities to produce key elements such as connectors, busbars, charging guns, power distribution units, motor controllers, and high-voltage wiring harnesses. Ebusbar is committed to advancing the electric vehicle sector by focusing on high-voltage energy transmission, distribution, and management. Additionally, the company develops battery technology and charging infrastructure aimed at providing mobile charging solutions, thereby addressing connectivity challenges within the electric vehicle industry.

Standard Robots

Seed Round in 2017
Standard Robots is a company based in Baoan, Guangdong, specializing in the research, development, manufacturing, and marketing of autonomous mobile robots (AMRs) and Robot Internet of Things (RIoT) software systems. Established in 2016, the company serves industries such as semiconductors, auto parts, and energy by offering standardized solutions that enhance the flexibility and agility of mobile robots in manufacturing environments. Its focus on scalable applications and predictable outcomes allows clients to achieve intelligent logistics transformation through repeatable algorithm scenarios. By providing dedicated services, Standard Robots aims to improve operational efficiency and innovation in the sectors it serves.

Desktop Metal

Series D in 2017
Desktop Metal, Inc. is a manufacturer of additive manufacturing solutions, specializing in 3D printing technologies for metal and carbon fiber. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers a range of products, including the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System designed for office use, and the Fiber desktop 3D printer. Desktop Metal serves a variety of industries such as automotive, aerospace, healthcare, consumer products, heavy industry, machine design, and research and development. Its innovative systems, materials, and software facilitate on-demand digital mass production, providing the speed, cost-efficiency, and part quality necessary for modern manufacturing. The company markets its solutions across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific region, with a significant portion of its revenue generated from the Americas.

Launch Design

Post in 2016
Launch Design is an automotive design company that specializes in providing comprehensive research and development services. The firm offers expertise in various areas, including vehicle styling, body design, interior and exterior trim, chassis development, electrical systems, and performance analysis. Additionally, Launch Design focuses on battery technology, electric motors, electric control systems, and prototype production. With a professional technology team that possesses advanced skills in vehicle integration and model design, the company supports automotive production enterprises by delivering ongoing research and development and consulting services tailored to the evolving needs of the industry.

Lili Xueche

Series A in 2016
Lili Xueche develops a car learning APP, a car coaching APP, a cloud service for driving training, and a self-media operation system for driving training for the driving training industry. They help industry government departments and driving training institutions with the process of car learning training, such as basic information about trainees, class hours, and stage records, management of coach information record inquiries, continuing education and credit evaluation, and support driving training institutions in realizing internet enrollment and other information.

Cosber

Angel Round in 2016
Cosber is a system solution provider for the automotive aftermarket. Their products include an automobile comprehensive performance inspection line, an automobile safety performance inspection line, an automobile environmental protection inspection line, a special inspection series for automobile maintenance enterprises, an automobile teaching inspection series, a complete vehicle off-line inspection series for automobile manufacturers, and an automobile completion inspection line.

PPM Solution

Post in 2016
PPM Solution is a developer and manufacturer specializing in automotive parts and components, as well as household appliance parts. The company offers a range of products that enhance vehicle performance, including components for the valve train, fuel system, steering system, exhaust system, and safety systems. PPM Solution focuses on providing solutions that enable global vehicle manufacturers to achieve higher power output, reduced fuel consumption, lower emissions, and improved safety in their vehicles. Additionally, the company is involved in the distribution of auto gas and other essential system components, contributing to cleaner emissions and more efficient automotive technologies.

EAGLE' OL

Angel Round in 2014
EAGLE' OL vision software, involving camera modules, display panels, and printed circuit boards, is used in semiconductors, biometrics, automotive testing, three-dimensional measurement, and more. It is a professional intelligent equipment manufacturer with artificial intelligence and machine vision technology at its core.

Guo Xian Scientific and Technical Corporation

Series A in 2013
Guo Xian Scientific and Technical Corporation (深圳国显科技) is a Chinese high-tech company that integrates research, manufacturing, and sales. The company has invested in the research and development of TFT-LCM liquid crystal molds focusing on consumption products and industrial automatic products. Currently, it has launched applicable molds ranging from 3.5 inches to 11.6 inches. The company’s products are mainly applied to car, mobile TV, PMP, DVD, EPC, security and protection, and industrial control products. Guo Xian Scientific and Technical Corporation was founded in 2006.

sungoal

Angel Round in 2013
sungoal provides exhibition service for new energy automobile and home building materials.

SAFDAO

Series A in 2011
Safdao is a company dedicated to the research and development of advanced driving assistance systems (ADAS) for automobiles. It specializes in creating innovative technologies that enhance vehicle safety through intelligent visual analysis. The company's focus includes the development of three-dimensional safety driving systems that leverage mobile internet technology for video streaming and cloud-based data analysis. By integrating these advanced solutions, Safdao aims to improve the overall safety and efficiency of automotive driving experiences.

Guangdong Delian Group

Venture Round in 2011
Guangdong Delian Group Co., Ltd. is a prominent Chinese company based in Foshan that specializes in the automotive chemical industry. Founded in 1984, it integrates production, sales, services, and trade, focusing on fine chemicals for automobiles. The company's offerings include a range of aftermarket products such as motor oils, gearbox oils, power steering oils, coolants, brake fluids, and car care products. With four large manufacturing bases located in Shanghai, Changchun, Foshan, and Chengdu, Guangdong Delian Group has established a significant presence in the market. The company has actively pursued partnerships with internationally recognized enterprises since 1996, fostering strategic collaborations to enhance its technological capabilities and product offerings.

Aerospace Sirte

Angel Round in 2011
Aerospace Sirte integrates software development, production, sales, research and development, equipment design, manufacturing, and robot application system integration. The company offers automation solutions to users in the rail transit system, the military, the automotive industry, construction machinery, petroleum power, machine tool management, pressure vessels, and other industries.

PPM Solution

Angel Round in 2011
PPM Solution is a developer and manufacturer specializing in automotive parts and components, as well as household appliance parts. The company offers a range of products that enhance vehicle performance, including components for the valve train, fuel system, steering system, exhaust system, and safety systems. PPM Solution focuses on providing solutions that enable global vehicle manufacturers to achieve higher power output, reduced fuel consumption, lower emissions, and improved safety in their vehicles. Additionally, the company is involved in the distribution of auto gas and other essential system components, contributing to cleaner emissions and more efficient automotive technologies.

Bright Industry

Series A in 2010
Chongqing Bright Industry (Group) Co., Ltd. (博耐特) is a Chinese company based on generating and manufacturing auto parts. It mainly manufactures cranking motors, generators, radiator fan motors, condenser fan motors, wiper motors, electric switches, electromagnetic switches, and more. Chongqing Bright Industry is the appointed factory for the auxiliary products of Chang'an Automobile. Chongqing Bright Industry introduced more than 20 full-automatic production lines and test equipment with internationally advanced level from Italy, Canada, Japanese, and South Korea, and has built up an auto motor industrial park covering an area of 1200 acres. It has formed a platform of car starter motor, electric generator and micro motor products, covering the whole area of passenger vehicles and commercial vehicles in its products.

HOFO

Series A in 2010
HOFO is a manufacturing company that provides automotive transmission parts. They serve the automobile industry. It develops intelligent processing equipment and systems. Their products include spinning, casting parts, and powder metallurgy parts.

CTC Technical Fabrics

Series A in 2010
CTC Technical Fabrics is a manufacturer of composite industrial materials designed to offer advanced fabrics and fiber products that are used for production purposes. The company's materials used extensively in wind power, marine, automotive, pipeline, sports equipment, and other fields include multi-axial fabrics, composite pipelines, carbon fiber products, and various glass fabrics. These materials allow customers to improve value-added services in their production while also promoting efficiency CTC Technical Fabrics was established in 2008 in Changzhou, Zhejiang.

Zhejiang Dehong Automotive Electronics

Venture Round in 2010
Zhejiang Dehong Automotive Electronic & Electrical Co Ltd specializes in the research, development, manufacturing, and sales of automotive generators and electronic vacuum pumps, with a strong focus on automotive alternators. The company offers a diverse range of products, including over 300 models across eight series, primarily targeting the middle and high-end markets. In addition to alternators, Zhejiang Dehong produces components for commercial vehicle engines, such as dynamos and starters. The company also provides related technical services to support its product offerings.

HSAE

Series C in 2009
HSAE provides smart cockpit, smart driving, networking, software service systems, energy vehicle control electronics, and car audio systems. Their customers' inquiries are addressed through phone, email, and online applications.

Jinguan Auto

Series A in 2009
Jinguan Auto is involved in research and development, manufacturing, and sales of recreational and special vehicles. Their special vehicle series include bulletproof cash transport vehicles, mobile banking vehicles, communication command vehicles, logistics support vehicles, and medical ambulances.

Honglin Technology Group Limited

Series A in 2008
HL Technology Group (泓淋科技) provides cable assembling and related solutions for the fields of computer, consumer electronics, and communication. It provides signal line components, power line components, antennas, high frequency data cables, special cables, and automobile wire harness and wireless transmitting equipment. HL Technology Group has 10 subsidiaries, including Honglin Electronics Co., Ltd. in Weihai City, Dezhou Honglin Electronics Co., Ltd., Changshu Honglin Acquisitive Spray Wire and Cable Co., Ltd., Changshu Honglin Electronics Co., Ltd., Dezhou Jincheng Electronic Installation Co., Ltd., Huizhou Youte Electronics Co., Ltd., Shenzhen HongLin Communication Technology Co., Ltd., Taipei Honglin Technology Co., Ltd., and Chongqing Honglin Technology Co., Ltd., Huizhou Honglin Technology Co., Ltd. It has 8,000 employees in total and USD150million in registered capital.

HSAE

Series B in 2006
HSAE provides smart cockpit, smart driving, networking, software service systems, energy vehicle control electronics, and car audio systems. Their customers' inquiries are addressed through phone, email, and online applications.

Xiangyang Changyuan Donggu Industrial

Angel Round in 2001
Xiangyang Changyuan Donggu Industrial is a renowned and industry digital and end manufacturing enterprise. The company's brand image, and gradually highlights the characteristics and advantages of the brand. They provide products like engine cylinder head, engine block and other parts.

SEG Smartechs

Angel Round in 2001
SEG Smartechs manufactures and operates automotive networking products. Their products include control terminals, exhaust gas detection terminals, and video terminals. They also provide network connection solutions for motorcycles and two-wheelers.

Shenzhen SEG Navigation

Series A in 2001
Shenzhen SEG Navigation (赛格导航) is a Chinese company engaged in the GPS application and telematics service industries. It is a manufacturer of GPS car-borne intelligent information terminals and an operator of telematics vehicle online services. In the public product field, the company develops car-borne intelligent security and prevention information terminals, car-borne navigation security systems, and personal navigation devices. It also supplies online vehicle services covering security, navigation, help-seeking, and information functions. In the industrial product field, the company offers clients ten main industrial solutions and rich information management methods. It helps clients optimize the working procedures, improve the business efficiency, reduce the operating cost, and become more competitive modern enterprises and institutes.
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