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 Technology

Nine Dimension Photonics

Angel Round in 2025
Nine Dimension Photonics is an integrated circuit chip design and service provider.

Songying Technology

Angel Round in 2025
Songying Technology focuses on the research and development of cloud-native real-time 3D engines and graphics collaboration platforms.

Xinfeng Technology

Venture Round in 2025
Xinfeng Technology is a developer and manufacturer specializing in the production of new functional materials tailored for photoelectric, acoustic, and thermal applications. The company is particularly noted for its diamond electrodes designed for the semiconductor industry. Xinfeng Technology emphasizes research and development, leveraging advanced vapor deposition technology to create high-quality semiconductor materials. In addition to its focus on semiconductor applications, the company also offers ecological health materials and functional materials that cater to various industrial needs. Through its innovative approach, Xinfeng Technology aims to provide advanced solutions that enhance performance in multiple sectors.

Linyi Yunchuan

Seed Round in 2024
Linyi Yunchuan is an energy technology company that specializes in the development of high-altitude wind power generation technology and aims to innovate green energy while promoting the high-quality development of efficient energy.

Xingneng Xuanguang

Seed Round in 2024
Xingneng Xuanguang is a fusion energy company that specializes in the development of advanced field reverse magnetic mirror fusion path technology.

X-MAGTECH

Series A in 2024
X-MAGTECH is a technology platform for measuring extremely weak magnetic fields.

Aerofugia

Series B in 2024
Aerofugia is a technology company specializing in low-altitude travel and vehicle-mounted flight. It operates under Geely Technology Group, focusing on innovative aerial vehicles, spatial-temporal data platforms, and intelligent transportation technologies to enhance safety, efficiency, and innovation in logistics, mobility, and smart city ecosystems.

Zhongxing Hi-Tech

Seed Round in 2024
Zhongxing Hi-Tech is a technology company that specializes in research and development in creating technological advanced strength testing.

Hanhai Quantum

Seed Round in 2024
Hanhai Quantum is a technology company that develops and provides software solutions rooted in quantum mechanics. It specializes in electronic structure computations and molecular dynamics simulations, primarily serving the materials science industry. The company's core business revolves around solid molecular materials, offering clients advanced tools for material prediction and data analysis.

Yuanli Semiconductor

Seed Round in 2024
Yuanli Semiconductor develops and supplies an innovative AI computing power infrastructure.

KansenBio

Seed Round in 2024
KansenBio is a biotechnology company that specializes in the research, development, and manufacturing of synthetic biology products. Its core technologies include synthetic biology, strain-fermentation-separation integration, and AI. The company focuses on producing hyaluronic acid, ectoine, L-Histidine, and sialic acids, offering eco-friendly and sustainable solutions to its clients.

Zhongzhi Keyi

Series A in 2024
Zhongzhi Keyi develops innovative photoelectric detection technology, with a focus on time-gated imaging and single-photon detection technologies.

Anchutech

Seed Round in 2024
Anchutech is a technology company that specializes in the development and production of advanced electronic materials. Its primary products include semiconductor cleaning fluids, grinding fluids, and electronic special gas adsorption materials, catering to the electronics industry. The company's core focus is on research and development to ensure high-quality and innovative solutions for its clients.

Qingsheng Intelligent Control

Seed Round in 2024
Qingsheng Intelligent Control focuses on novel power systems and industrial control systems. It targets equipment manufacturers, photovoltaic power stations, power grid companies, and other customers in the energy industry, delves into the new power system industry's pain points, and combines Tsinghua University's "Information Pipe Technology" (IPT technology) to provide digital, intelligent, high-reliability, nationally produced, and independently controllable intelligent IoT system solutions.

Zhizi Automobile

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

LeadSound Technology

Seed Round in 2024
LeadSound Technology researches battery non-destructive testing and monitoring technology. Their lithium-ion batteries are the technologies for the development of emerging industries such as renewable energy, energy vehicles, and information technologies. Their exploration of the health status and failure mechanism of lithium-ion batteries is bottlenecks restricting the development of battery technology, and lithium-ion batteries.

Aerofugia

Venture Round in 2023
Aerofugia is a technology company specializing in low-altitude travel and vehicle-mounted flight. It operates under Geely Technology Group, focusing on innovative aerial vehicles, spatial-temporal data platforms, and intelligent transportation technologies to enhance safety, efficiency, and innovation in logistics, mobility, and smart city ecosystems.

Linkwise Technology

Series A in 2023
Linkwise Technology is a semiconductor company specializing in material handling automation systems (AMHS) tailored for semiconductor production logistics. The company develops innovative semiconductor packaging and testing technologies, focusing on creating customized automation solutions. Its services encompass the planning and design of automation systems for semiconductor production lines, the design and production of automated logistics handling equipment, and the development of software control systems. Additionally, Linkwise Technology is involved in the intelligent transformation of production equipment and processes, helping customers optimize manufacturing efficiency, enhance product yield, reduce production costs, and save on human capital.

Borg Technology

Series A in 2023
Borg Technology is a producer of testing and micromachining tools, with an emphasis on optical and precision optical devices.

DATAGO

Angel Round in 2023
DATAGO provides intelligent testing service solutions and overall solutions for non-destructive testing laboratory construction to customers in the aviation, aerospace, energy, and other industrial industries, as well as comprehensive services such as quality testing, quality evaluation, process optimization, intelligent applications, and artificial intelligence training.

Tanrand Technology

Angel Round in 2023
Tanyuan Technology, established as a high-tech enterprise, specializes in the research, development, production, and sales of carbon nanotube macroscopic materials. Its primary focus is on manufacturing these materials for application in aerospace, oil exploration, and new energy vehicle production. The company's products are renowned for their exceptional thermal, mechanical, electrical, optical, and other high-performance properties, enabling clients to achieve materials with superior thermal, electrical, and weight-saving characteristics.

Yuanli Semiconductor

Seed Round in 2023
Yuanli Semiconductor develops and supplies an innovative AI computing power infrastructure.

PMT Technologies

Angel Round in 2023
PMT Technologies is a company focused on measurement technology, offering a range of products tailored for enterprises. With comprehensive independent research and development and production capabilities, PMT specializes in the development and customization of core technologies. The company provides high-quality and reliable measurement solutions, catering to various measurement companies by delivering technology output and enhancing their operational efficiency. Through its commitment to innovation and quality, PMT Technologies positions itself as a key player in the measurement technology sector.

Zhongke Huizhi

Angel Round in 2023
Zhongke Huizhi manufactures and markets precision gas separation and purification materials and technology.

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.

Zhongke Tianta

Seed Round in 2022
Zhongke Tianta is a commercial aerospace platform company that specializes in measurement and control management services for spacecraft. The firm develops a data platform that leverages Internet of Things technology to facilitate the measurement and assessment of commercial cargo related to spacecraft. This innovative approach allows spacecraft manufacturers to customize components effectively, enhancing the overall functionality and performance of their spacecraft. In addition to measurement services, Tianta offers spatial information management and application services, further supporting the aerospace sector in optimizing operations and decision-making.

LeadSound Technology

Angel Round in 2022
LeadSound Technology researches battery non-destructive testing and monitoring technology. Their lithium-ion batteries are the technologies for the development of emerging industries such as renewable energy, energy vehicles, and information technologies. Their exploration of the health status and failure mechanism of lithium-ion batteries is bottlenecks restricting the development of battery technology, and lithium-ion batteries.

Yaoxin Technology

Series C in 2022
Yaoxin Technology is a MEMS sensor chip provider specializing in power devices, smart sensors, and signal chain ICs.

KiwiMoore

Seed Round in 2022
KiwiMoore is a company specializing in advanced packaging chiplet technology, aimed at enhancing the performance and efficiency of semiconductor devices. It develops intelligent integrated silicon substrates that enable the connection of both homogeneous and heterogeneous chiplets, resulting in flexible, high-performance solutions with reduced size. By focusing on heterogeneous computing and integration, KiwiMoore empowers clients, including original equipment manufacturers and fabless companies, to create high-performance chips more rapidly and cost-effectively. The company's innovations are particularly relevant in the CPU, GPU, AI, and high-performance computing sectors, providing significant value to its customers through improved chip production processes.

CIX Technology

Seed Round in 2022
CIX Technology is a developer of high-performance, next-generation intelligent computing solutions, specializing in the creation of general-purpose intelligent computing chips and computer CPUs. The company focuses on energy-efficient computing technologies that utilize ARM architecture. Its chips are designed for terminal general intelligent computing applications, including notebooks, desktops, high-end tablets, and augmented and virtual reality systems. By enhancing processing power, CIX Technology enables enterprises to produce advanced electronics and other products, ultimately increasing the speed and efficiency of computing across various scenarios.

Coolyuan

Series A in 2022
Coolyuan is a technology company that offers quantum technology products.

Lvzhou Technology

Series A in 2021
Lvzhou Technology specializes in artificial intelligence (AI) and Internet of Things (IoT) solutions, focusing on intelligent management within the energy and battery sectors. The company offers a control center platform that integrates AI and IoT technologies to enhance traditional manufacturing processes. This includes applications in unmanned power stations, unmanned retail, smart logistics, and smart supply chain management. By leveraging advanced technology, Lvzhou Technology aims to optimize operational efficiency and drive innovation in various industrial domains.

Vkansee

Series B in 2021
Vkansee Technology Inc. is a developer of advanced fingerprint sensing technology, specializing in optical fingerprint sensors designed for mobile devices. Founded in 2013 and headquartered in Beijing, the company also operates a research and development office in Shenzhen, along with sales and support offices in New York City. Vkansee's flagship product, the UTFiS, is an ultra-thin, patented optical fingerprint sensor that can be integrated under glass surfaces. This innovative technology enhances mobile security for various applications, including payment processing, data storage, and access control, allowing users to secure their devices and transactions effectively.

Golytec Automation

Series B in 2021
Golytec Automation specializes in intelligent automated manufacturing, offering advanced solutions that utilize flexible magnetic levitation technology. The company develops high-speed assembly line systems aimed at enhancing manufacturing efficiency and promoting intelligent manufacturing practices. Golytec's products include intelligent transportation systems, flexible loop lines, and high-precision planar positioning robots. These innovations enable manufacturers to achieve efficient production processes and intelligent transmission, making them suitable for large-scale production environments. By focusing on automation and flexibility, Golytec Automation supports the evolution of modern manufacturing enterprises.

Golytec Automation

Series A in 2020
Golytec Automation specializes in intelligent automated manufacturing, offering advanced solutions that utilize flexible magnetic levitation technology. The company develops high-speed assembly line systems aimed at enhancing manufacturing efficiency and promoting intelligent manufacturing practices. Golytec's products include intelligent transportation systems, flexible loop lines, and high-precision planar positioning robots. These innovations enable manufacturers to achieve efficient production processes and intelligent transmission, making them suitable for large-scale production environments. By focusing on automation and flexibility, Golytec Automation supports the evolution of modern manufacturing enterprises.

enovate3D

Angel Round in 2020
enovate3D is a technology development company. They provide services that include 3D printing equipment, materials, and processing services. An online inquiry form is available on the company's website.

Leuven Instruments

Series B in 2020
Leuven Instruments is a Chinese start-up specializing in semiconductor equipment, with a strong focus on the development and manufacturing of tools for semiconductor etching. The company has established a significant technical expertise in etching processes, particularly in magnetic material etching technology. By concentrating on research and development, Leuven Instruments designs various equipment, including platform etching machines and chemical vapor deposition systems. These innovations aim to improve manufacturing efficiency and enhance the performance of electronic components for its clients.

North Ocean Photonics

Series B in 2020
North Ocean Photonics is a high-tech enterprise focusing on the field of micro-optics and optical integration.

Mino Space

Series A in 2019
Mino Space is a private commercial satellite company focused on the development and application of micro-nano satellite systems. Established in 2017 and based in Beijing, the company specializes in research and development, manufacturing services, and the integration of satellite technologies. Mino Space independently designs and develops micro-nano satellite platforms and core components, including electronic communication and optical payloads. The company has significant experience in satellite communication system integration and also develops terrestrial communication terminals. Mino Space offers integrated information system solutions that leverage satellite resources for various sectors, including defense and industry. Its capabilities encompass the coordination of satellite development and overall project management, contributing to advancements in space exploration and communication technologies.

Vulinsight

Angel Round in 2019
Vulinsight, founded in 2012 and based in Beijing, China, specializes in designing and developing information security software solutions. The company offers a range of services including data asset management, data vulnerability management, vulnerability lifecycle management, and vulnerability situation analysis. Vulinsight's platform focuses on enhancing situational awareness for information security vulnerabilities, conducting security testing, and performing risk assessments. It provides integrated vulnerability management and control solutions that efficiently manage resources across various platforms, organizations, and processes.

Casiris

Series D in 2019
Casiris Vision is a Chinese technology company established through a joint investment by the Institute of Physics and Chemistry of the Chinese Academy of Sciences, Hangzhou Economic and Technological Development Zone, venture capital, and technical team. The company specializes in research and development (R&D) and production of pure laser display products, aiming to achieve visual limits comparable to human perception. Recognized as a national high-tech enterprise, Casiris operates a 5,500 square meter automated light source and complete machine production line, offering comprehensive solutions for home theater, engineering projection, film, and lighting engineering applications.

Wenge Group

Series B in 2019
Beijing Zhongke Wenge Technology Co., Ltd., located in Beijing, China, specializes in big data applications for the media sector. The company focuses on providing technological solutions to facilitate the transformation and enhancement of media communication in China. It is actively engaged in the research and development of new media big data technologies and systems, addressing the needs of media, government, and enterprises. Zhongke Wenge has developed a comprehensive suite of products, including the "Wenhai" new media big data platform, the "Wen Ge" central kitchen, and the "Wen Si" decision-making service. Additionally, it offers key services such as the “cloud trace” communication monitoring system, the “Yunyong” media visualization analysis system, and the “Yayi” text semantic analysis component, which collectively support media organizations in improving communication effectiveness and decision-making capabilities.

Controlled Communication

Angel Round in 2019
Controlled Communication is a high-tech enterprise specializing in the development and service of satellite communication products. The company is committed to research and development of advanced satellite communication technologies, equipment and systems with independent intellectual property rights, providing comprehensive professional satellite communication solutions, system integration and comprehensive services for users in the government and enterprises. At present, there are only a few "system providers" for satellite communication in China, and control communication is one of them. The company's products are widely used in emergency, education, media and Internet. Our commitment is to provide our customers with the most innovative and reliable satellite communications solutions.

Yungongchang

Series A in 2018
Yungongchang is an online platform offering small batch manufacturing services, specializing in CNC processing, 3D printing, sheet metal work, prototyping, and laser cutting. It serves major domestic enterprises, research institutions, and educational establishments.

YUSUR Technology

Pre Seed Round in 2018
YUSUR Technology is a Chinese company based in Beijing that focuses on the development of specialized computing architectures tailored for sectors such as finance, artificial intelligence, and blockchain. The company creates domain-specific co-processors and advanced data analytics technologies designed to handle computing-intensive tasks. YUSUR Technology's proprietary kernel processing units are capable of executing complex algorithms, which enhance the functionality of financial regulatory, transaction, and risk analysis tools. This technology offers robust analytical support while maintaining cost-effectiveness, positioning the company as a key player in the high-performance computing landscape.

Togeek

Series B in 2018
Togeek is a provider of data analysis and informatization services tailored for thermal power plants and energy companies. The company specializes in developing a data service platform that offers data visualization and big data analysis specifically for power generation companies. By organizing data and generating actionable insights, Togeek enables these companies to reduce costs, optimize the allocation of excess capacity, and enhance the efficiency of the power supply chain.

Wenge Group

Series A in 2018
Beijing Zhongke Wenge Technology Co., Ltd., located in Beijing, China, specializes in big data applications for the media sector. The company focuses on providing technological solutions to facilitate the transformation and enhancement of media communication in China. It is actively engaged in the research and development of new media big data technologies and systems, addressing the needs of media, government, and enterprises. Zhongke Wenge has developed a comprehensive suite of products, including the "Wenhai" new media big data platform, the "Wen Ge" central kitchen, and the "Wen Si" decision-making service. Additionally, it offers key services such as the “cloud trace” communication monitoring system, the “Yunyong” media visualization analysis system, and the “Yayi” text semantic analysis component, which collectively support media organizations in improving communication effectiveness and decision-making capabilities.

North Ocean Photonics

Series A in 2018
North Ocean Photonics is a high-tech enterprise focusing on the field of micro-optics and optical integration.

Iristar Technology

Angel Round in 2018
Iristar Technology offers a range of technology solutions that include smart modules, intelligent terminals, and services designed to enhance enterprise operations. Its portfolio covers smart customs clearance, security, finance, factory automation, and intelligence testing. The organization focuses on integrating advanced digital tools to streamline processes and improve efficiency across various industries.

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.

Ding-Ze

Angel Round in 2017
Ding-Ze provides construction services for the main playground, science and technology museum, study tour experience center, and artificial intelligence battle robot scene. The company's contact modes are phone and physical address.

Captain Science

Series B in 2017
Captain Science is a science education retail platform dedicated to providing educational products and services for children. The company specializes in developing science-focused content aimed at children aged 3 to 12, offering both online and offline materials that cover a range of topics, including astronomy, geography, biology, oceanography, and planetary science. By promoting interactive and engaging learning experiences, Captain Science seeks to enhance children's understanding and interest in science, thereby broadening their scientific knowledge and fostering a lifelong appreciation for the subject.

YANGZHOU YUAN ELECTRONIC TECHNOLOGY

Angel Round in 2016
Yangzhou Yuan Electronic Technology Co., Ltd. is a technology-driven company based in Yangzhou, China, specializing in the development and manufacture of electronic warfare equipment and electromagnetic test training systems. The company focuses on technological innovation and independent research and development, contributing to defense and security applications. Its product offerings include radar electronic warfare systems, communication electronic warfare solutions, and sophisticated simulation systems for radar and communication countermeasures. Additionally, Yangzhou Yuan has expertise in creating complex electromagnetic environments and possesses independent design capabilities for high-speed signal processing hardware and software, as well as analog and digital communication systems. This military-oriented enterprise is recognized for its rapid expansion and integration of civilian and military technologies.

ZhiLu

Angel Round in 2016
Shenzhen Zhulu Technology Co., Ltd., established in 2014, is a national high-tech enterprise recognized for its contributions to the Internet of Things (IoT) sector. The company specializes in developing an IoT service platform that provides end-to-end technical capabilities across diverse fields, including smart environmental protection, smart fire protection, and smart community solutions. Zhilu's platform is designed to support various network environments and protocols, ensuring efficient data storage and security for clients. The company has received multiple rounds of financing from prominent investors and has established partnerships with key state-owned enterprises and listed companies. With a strong focus on research and development, Zhilu's team encompasses expertise in software, hardware, communication, cloud technology, and security. The company has also collaborated on national key projects with Tsinghua University, reflecting its commitment to innovation and quality, evidenced by its ISO certifications in quality and environmental management. Zhilu prioritizes customer satisfaction and values its employees as essential to its success.

Trawe Intelligence

Angel Round in 2016
Trawe Intelligence specializes in delivering information and solutions tailored for government construction and management, particularly in the realm of highway operations. The company offers a suite of products and services, including mobile payment systems, electronic invoicing, and various tools for efficient electronic toll collection and management. By leveraging a mobile network-based approach, Trawe Intelligence creates comprehensive services that encompass payment processing, finance, insurance, advertising, logistics, and the automotive aftermarket. This integrated system aims to enhance the overall efficiency and effectiveness of highway operation management, thereby improving service delivery and operational standards within the sector.

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.

yikexue.com

Seed Round in 2016
Yikexue.com is a technology resource sharing service company that operates a platform designed for the exchange and sharing of laboratory equipment. It caters to scientific institutions and technology companies, facilitating brand and product promotion. The platform offers a range of services, including equipment exchange, third-party testing, experimental outsourcing, and inspection and testing. By providing convenient access to laboratory supplies and materials, Yikexue.com enables researchers to conduct their experiments and research more efficiently.

Togeek

Series A in 2016
Togeek is a provider of data analysis and informatization services tailored for thermal power plants and energy companies. The company specializes in developing a data service platform that offers data visualization and big data analysis specifically for power generation companies. By organizing data and generating actionable insights, Togeek enables these companies to reduce costs, optimize the allocation of excess capacity, and enhance the efficiency of the power supply chain.

Togeek

Angel Round in 2015
Togeek is a provider of data analysis and informatization services tailored for thermal power plants and energy companies. The company specializes in developing a data service platform that offers data visualization and big data analysis specifically for power generation companies. By organizing data and generating actionable insights, Togeek enables these companies to reduce costs, optimize the allocation of excess capacity, and enhance the efficiency of the power supply chain.

NAVI BEIDOU

Venture Round in 2015
Navi Beidou is an aerospace and military equipment manufacturer. They offer radio command and guidance equipment, a joint simulation training system, and satellite applications. They focus on the research and development of military communication signals and information processing technology.

Diweima

Angel Round in 2013
Diweima provides techniques and solutions for digital high-definition video transmission. They create wireless audio and video signal transmission systems and high-definition audio and video codec algorithms, offering effective transmission options for video applications across many industries. Security, automotive electronics, medical imaging, film and television entertainment, industrial machinery, virtual reality, unmanned systems, and smart oceans are some of the high-definition video transmission applications that their products, developed based on the DM5680 zero-delay wireless high-definition video transmission solution, have been used in.

Lead Health

Lead Health is a hard technology startup company that transforms scientific and technological achievements of the academician team. It independently develops life science instruments and biopharmaceutical equipment and has independent intellectual property rights.

Jiaohang Zhongxin New Materials

Jiaohang Zhongxin New Materials is a company focuses on the research and development of high-performance metal structural materials. Its main products include high-performance aluminum alloys, high-temperature resistant aluminum alloys and hydrogen embrittlement-resistant aluminum alloys. It is committed to promoting the application of new materials in high-end manufacturing fields such as aerospace

Yingweixin Technology

Yingweixin Technology focuses on the development of optical interconnect (OIO) products and infrared detector products.
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