CAS Star

Founded in 2013, CAS Star is a venture capital firm based in Xi'an with an additional office in Beijing. It invests in and supports early-stage companies across various high-tech industries including optoelectronics, AI, biotechnology, aerospace, smart manufacturing, information technology, energy, oncology, advanced manufacturing, SaaS, and space technology.

Mi Lei

Founding Partner

Past deals in Automotive

Ouye Semiconductor

Series B in 2024
Ouyeel Semiconductor is a manufacturer of SoC chips. They offer smart car chips and solutions for automakers, enabling customers to reduce costs and time to develop new products and features.

Zhongke Bosheng

Series A in 2024
Zhongke Bosheng develops and manufactures thermoelectric semiconductor materials for vehicle temperature control.

Agibot

Series A in 2024
Agibot develops humanoid robots that use artificial intelligence to perform real-world tasks. Its robots are designed for fine-grained manipulation and collaboration, aiming to enhance operational efficiency across various industries. Agibot explores new applications for its technology, contributing to the evolution of robotics in everyday environments.

Yitai Microelectronics

Seed Round in 2024
Yitai Microelectronics is an automotive Ethernet chip developer company that specializes on producing high-performance, high-reliability, and low-power automotive Ethernet communication chips and systems.

Zhizi Automobile

Venture Round in 2024
Proton Automobile is a new energy intelligent vehicle developer that concentrates on R&D innovation and sales operations.

Ouye Semiconductor

Series A in 2023
Ouyeel Semiconductor is a manufacturer of SoC chips. They offer smart car chips and solutions for automakers, enabling customers to reduce costs and time to develop new products and features.

Agibot

Series A in 2023
Agibot develops humanoid robots that use artificial intelligence to perform real-world tasks. Its robots are designed for fine-grained manipulation and collaboration, aiming to enhance operational efficiency across various industries. Agibot explores new applications for its technology, contributing to the evolution of robotics in everyday environments.

Qiushi Spectral Data Technology

Series A in 2023
Qiushi Spectral Data Technology focuses on the research and development of imaging spectrum chips to be used in intelligent imaging perception systems such as smartphones, automotive electronics, security, and medical image detection.

Saphlux

Series B in 2022
Saphlux, Inc. is a company based in New Haven, Connecticut, that specializes in the development, production, and commercialization of advanced semi-polar gallium nitride (GaN) materials. Founded in 2014, Saphlux addresses critical challenges in LED and laser technology, specifically targeting droop and green gap issues. The company offers semi-polar GaN templates in various sizes and is known for its innovative quantum dot (QD) technology integrated into micro-LED solutions. Saphlux designs and manufactures micro-LED chips and micro-display modules, including the NPQD R1 chip for public information displays and the NPQD T1 micro-display for augmented reality glasses. With a focus on enhancing output power and performance while reducing costs, Saphlux operates on a global scale, serving markets in the United States, China, and Japan.

AlpsenTek

Angel Round in 2020
AlpsenTek is a high-tech company specializing in the research and development of machine vision sensors and algorithms. It has created advanced machine vision imagers featuring innovative pixel structures, alongside comprehensive solutions that encompass modules, algorithms, and systems. Drawing on its team's extensive expertise in vision sensors, system-on-chip technology, and imaging signal processing, AlpsenTek aims to enhance the machine vision ecosystem. The company's technology includes hybrid biomimetic vision chips and integrated solutions, which are applicable in diverse fields such as robotics, autonomous driving, consumer electronics, surveillance, and industrial monitoring. By providing dynamic light sensing capabilities and biomimetic functions, AlpsenTek addresses the evolving needs of various industries, positioning itself as a key player in the machine vision market.

Matrixtime Robotics

Series A in 2019
Matrixtime Robotics is a technology company based in Hongqiao, China, specializing in deep learning and robot vision technology. Founded in 2018, the company focuses on developing advanced artificial intelligence systems and complex machine vision products tailored for high-end manufacturing. Matrixtime's offerings include solutions for defect detection, item picking and sorting, and various industrial tasks, empowering factories and manufacturers to enhance production efficiency and minimize quality assurance costs. The company serves a range of industries, including semiconductor manufacturing, photovoltaic energy, automotive precision manufacturing, and unmanned ports, providing scene-oriented industrial AI products that support digital transformation in manufacturing processes.

X-Energy Technology

Series A in 2018
X-Energy Technology is a developer and manufacturer focused on advancing shock absorption and safety technologies for a range of applications. The company specializes in the research and development of innovative materials, including carbon fiber sheet molding compounds and inverse potential shock-absorbing materials. These technologies aim to enhance the safety features of automobiles and other vehicles, contributing to improved performance and protection in various environments. Through its commitment to innovation, X-Energy Technology seeks to address safety challenges in the automotive sector and beyond.

Saphlux

Series A in 2017
Saphlux, Inc. is a company based in New Haven, Connecticut, that specializes in the development, production, and commercialization of advanced semi-polar gallium nitride (GaN) materials. Founded in 2014, Saphlux addresses critical challenges in LED and laser technology, specifically targeting droop and green gap issues. The company offers semi-polar GaN templates in various sizes and is known for its innovative quantum dot (QD) technology integrated into micro-LED solutions. Saphlux designs and manufactures micro-LED chips and micro-display modules, including the NPQD R1 chip for public information displays and the NPQD T1 micro-display for augmented reality glasses. With a focus on enhancing output power and performance while reducing costs, Saphlux operates on a global scale, serving markets in the United States, China, and Japan.

OSIGHT

Angel Round in 2016
Ningbo Osight Co., Ltd. is a Chinese company that focuses on the research, development, and sales of intelligent automotive solutions and advanced sensor technologies. Specializing in smart photoelectric sensors and lidar technology, Osight provides high-quality laser sensing products and innovative system solutions. The company is recognized as a high-tech enterprise, emphasizing its commitment to technological advancement and quality in the production and technical services related to intelligent sensor products. Its offerings cater to the growing demand for intelligent information processing and automation in various industries.

Zhongke Bosheng

Zhongke Bosheng develops and manufactures thermoelectric semiconductor materials for vehicle temperature control.
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