GSR Ventures

GSR Ventures is a venture capital firm established in 2004, with offices in Menlo Park, California, and Beijing, China. The firm specializes in investing in early-stage technology companies that focus on artificial intelligence, consumer internet, and healthcare technology. GSR Ventures is dedicated to supporting entrepreneurs who are creating disruptive businesses with the potential to lead in multi-billion dollar markets. By concentrating on sectors such as AI-enabled enterprise software and digital health, GSR Ventures aims to foster innovation and drive growth in transformative industries. The firm manages approximately $3.7 billion across its various funds.

Kevin Fong

Managing Director

Haichen Hu MD

Partner

Daisy Jiang

Partner

Sunny Kumar

Partner

Richard Lim

Founder and Managing Director

Justin Norden

Partner

Mandy Wen

Vice President

Zhiwei Yang

Partner

David Yin

Partner

Kevin Yin

Affiliated Partner

Yutong Zhang

Partner

Allen Zhu

Managing Director

Past deals in Shanghai

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.

Mintech

Series A in 2023
Mintech is a global fintech company that specializes in providing comprehensive digital banking services tailored for local institutions. Operating in various countries, including the US, Spain, Brazil, China, India, Indonesia, Pakistan, the Philippines, and Vietnam, Mintech focuses on enhancing the digital infrastructure of its partners. The company aims to meet the diverse needs of millennials by enabling clients to grow their banking platforms effectively. Through its offerings, Mintech assists institutions in improving profitability, managing risk, and reducing operational costs.

E-Health Now

Series B in 2023
E-Health Now is a pioneering HIPAA-compliant platform that enhances cancer treatment plans for patients in China. By linking Chinese cancer patients with experienced oncologists from both the U.S. and China, the platform delivers U.S.-quality care at a fraction of the cost of traveling to the United States, making it accessible to the top 40% of income earners in China. The platform not only facilitates timely consultations and treatment advice but also aims to streamline the healthcare journey for cancer patients, ensuring they receive effective care in a local setting. Additionally, E-Health Now offers customer acquisition solutions tailored for financial and insurance institutions, further integrating its services within the healthcare ecosystem.

ThinkingData

Series C in 2021
Founded in 2015, ThinkingData is a mobile game product intelligence and analysis platform in China. The company is headquartered in Shanghai and has branches in Tokyo, and Singapore. Thinking Analytics (referred to as "TA System") independently researched and developed by ThinkingData, provides an integrated solution for Data Ingestion, Processing, Storage, Modeling, and Visualization. The platform supports full-spectrum data collection, multi-dimensional cross-analysis, and on-premise deployment, which can help companies deal with complex mobile game business scenarios and achieve refined operations and business growth. At present, ThinkingData has served 700+ mobile game customers, including famous game companies such as FunPlus, Kunlun Games, CMGE, Electronic Soul, and Hero Games. There are as many as 5000+ games integrated with the TA system, such as "Archero", "The Marvelous Snail", "Love Nikki", "Legend of the Ancient Sword" and other popular games in use.

Lingxi Technology

Series C in 2021
Lingxi is a company based in Changping, China, that specializes in developing augmented intelligence technologies for the financial services sector. The company's offerings include an artificial intelligence augmented station designed to enhance employee productivity, ensure workflow compliance, and improve management assistance. Additionally, Lingxi provides an AI and robot assistant that facilitates faster decision-making and amplifies human capabilities, as well as an AI training robot that delivers high-fidelity client interactions and customized training solutions. Lingxi's services extend to areas such as debt collection, financial sales, and insurance training, aiming to address challenges in customer service through advanced machine intelligence and natural language understanding.

CastBox

Series C in 2021
CastBox is a spoken audio platform founded in 2016 and based in Beijing, China, with additional offices in Hong Kong and San Francisco. The platform allows users to easily find, access, and enjoy a wide range of spoken audio content, including podcasts, on-demand radio, and audiobooks, across multiple devices such as mobile phones, desktops, and smart home devices. CastBox employs proprietary technology, including curated podcast recommendations and an in-audio deep search feature powered by natural language processing and machine learning. This technology enables the platform to deliver personalized listening experiences tailored to individual user preferences and habits. The service is available in multiple languages, making it accessible to a global audience.

ThinkingData

Series B in 2021
Founded in 2015, ThinkingData is a mobile game product intelligence and analysis platform in China. The company is headquartered in Shanghai and has branches in Tokyo, and Singapore. Thinking Analytics (referred to as "TA System") independently researched and developed by ThinkingData, provides an integrated solution for Data Ingestion, Processing, Storage, Modeling, and Visualization. The platform supports full-spectrum data collection, multi-dimensional cross-analysis, and on-premise deployment, which can help companies deal with complex mobile game business scenarios and achieve refined operations and business growth. At present, ThinkingData has served 700+ mobile game customers, including famous game companies such as FunPlus, Kunlun Games, CMGE, Electronic Soul, and Hero Games. There are as many as 5000+ games integrated with the TA system, such as "Archero", "The Marvelous Snail", "Love Nikki", "Legend of the Ancient Sword" and other popular games in use.

Flexiv

Series B in 2020
Flexiv Ltd. is a robotics and artificial intelligence company that specializes in developing and manufacturing adaptive robots. Founded in 2016 and headquartered in Shanghai, with additional offices in Shenzhen, Beijing, and Santa Clara, California, Flexiv integrates advanced technologies such as force control, computer vision, and AI into its products. The company's flagship robot, RIZON, is designed for applications including curved-surface processing, plugging, and assembly. Flexiv's robotic systems are utilized across various industries, including automotive electronics, new energy, home appliances, consumer electronics, and aerospace. The company focuses on providing innovative solutions that enhance industrial automation, enabling businesses to improve efficiency and safely collaborate with human workers in complex environments.

Glue Up

Series B in 2020
Glue Up, formerly known as EventBank, is a software as a service (SaaS) company that offers an all-in-one cloud-based engagement management platform. Founded in 2013 and headquartered in Beijing, China, Glue Up provides comprehensive solutions for event and membership management, customer relationship management (CRM), email marketing, and more. The platform is designed to streamline operations and modernize processes, enabling clients such as associations, event organizers, Chambers of Commerce, agencies, and non-government organizations to overcome engagement challenges. Glue Up's innovative products integrate various functionalities, including event management, membership management, and mobile applications, into a single platform. With offices in 12 countries and clients across more than 50 nations, Glue Up aims to build and grow communities through its diverse digital tools.

Recurrent.ai

Series B in 2020
Recurrent.ai is a Chinese company that specializes in AI-enabled corporate services aimed at enhancing sales efficiency. The company offers a comprehensive sales dialogue analysis system that converts voice interactions into text, facilitating in-depth analysis of sales calls and customer service conversations. By leveraging machine learning, Recurrent.ai helps businesses generate detailed big data dialogue analysis reports and maintain customer portrait records. These capabilities enable companies to optimize their sales processes, reduce labor costs, and improve sales conversion rates, ultimately supporting more informed decision-making.

Lingxi Technology

Series A in 2020
Lingxi is a company based in Changping, China, that specializes in developing augmented intelligence technologies for the financial services sector. The company's offerings include an artificial intelligence augmented station designed to enhance employee productivity, ensure workflow compliance, and improve management assistance. Additionally, Lingxi provides an AI and robot assistant that facilitates faster decision-making and amplifies human capabilities, as well as an AI training robot that delivers high-fidelity client interactions and customized training solutions. Lingxi's services extend to areas such as debt collection, financial sales, and insurance training, aiming to address challenges in customer service through advanced machine intelligence and natural language understanding.

Encootech

Series B in 2020
Established in July 2017, Shanghai Yunsheng Information Technology Co., Ltd. is the first high-tech company in China to focus on the development of intelligent RPA software robot platform. Headquartered in Jing'an District, Shanghai, it has a research and development center in Suzhou. In 2019, a subsidiary was opened in Tokyo to arrange the Japanese market. The core team of the company, led by technical experts from Microsoft's cloud computing department, independently developed the first intelligent RPA robot platform in China, Digi4th. Yunsheng Technology focuses on providing intelligent software robot products and solutions for the Internet, finance, energy, telecommunications, manufacturing and other industries. It can enhance the efficiency of traditional industry operations and accelerate digital transformation through RPA empowerment.

Longmao Data

Series B in 2020
Longmao Data is a Beijing-based company established in 2014 that specializes in data services for artificial intelligence platforms. The firm collects a diverse array of data types, including images, texts, voices, and videos, and employs crowdsourcing methods for data annotation. This annotated data is then supplied to clients in the artificial intelligence sector, facilitating the training of their AI models. Longmao Data's focus on comprehensive data collection and annotation positions it as a valuable partner for businesses looking to enhance their AI capabilities.

Aibee

Series A in 2019
Aibee is an artificial intelligence startup founded in November 2017 by Dr. Yuanqing Lin, specializing in developing advanced technologies such as speech recognition, natural language processing, computer vision, and big data analytics. As a leading AI provider in China, Aibee focuses on delivering comprehensive AI solutions tailored to enhance and transform various vertical industries, particularly in the retail sector. The company's platform integrates multiple AI technologies to address industry-specific challenges, improve operational efficiency, and create new business opportunities for clients. By understanding the unique needs of its customers, Aibee aims to empower traditional industries with innovative tools and insights, thereby upgrading their capabilities and driving business value.

Recurrent.ai

Series A in 2019
Recurrent.ai is a Chinese company that specializes in AI-enabled corporate services aimed at enhancing sales efficiency. The company offers a comprehensive sales dialogue analysis system that converts voice interactions into text, facilitating in-depth analysis of sales calls and customer service conversations. By leveraging machine learning, Recurrent.ai helps businesses generate detailed big data dialogue analysis reports and maintain customer portrait records. These capabilities enable companies to optimize their sales processes, reduce labor costs, and improve sales conversion rates, ultimately supporting more informed decision-making.

Encootech

Series A in 2019
Established in July 2017, Shanghai Yunsheng Information Technology Co., Ltd. is the first high-tech company in China to focus on the development of intelligent RPA software robot platform. Headquartered in Jing'an District, Shanghai, it has a research and development center in Suzhou. In 2019, a subsidiary was opened in Tokyo to arrange the Japanese market. The core team of the company, led by technical experts from Microsoft's cloud computing department, independently developed the first intelligent RPA robot platform in China, Digi4th. Yunsheng Technology focuses on providing intelligent software robot products and solutions for the Internet, finance, energy, telecommunications, manufacturing and other industries. It can enhance the efficiency of traditional industry operations and accelerate digital transformation through RPA empowerment.

Huzan Social Retail

Series B in 2019
Huzan Social Retail is a mobile marketing management application specializing in Social Customer Relationship Management (SCRM) for the e-commerce sector. Founded in 2017 and based in Shanghai, China, the company offers tools that enable merchants to connect with users across various platforms and channels. Its application facilitates the automatic classification and management of user relationships, while also synchronizing user data with mobile social software. Huzan Social Retail helps merchants build traffic for their WeChat platforms, uncover customer values, manage multiple stores, and create engaging marketing materials. By streamlining traditional services and enhancing operational efficiency, the platform aims to support clients in reducing costs and achieving sustainable business growth.

Tucodec

Series A in 2019
TuCodec is a company based in Shanghai, China, specializing in the research and development of audio and video compression, transmission, and analysis algorithms. Founded in 2016, TuCodec leverages artificial intelligence to enhance the efficiency of image and video file compression, significantly reducing the bandwidth costs for video-related enterprises. The firm combines its expertise in image and video engineering to deliver innovative solutions that optimize media handling and transmission.

Recurrent.ai

Series A in 2019
Recurrent.ai is a Chinese company that specializes in AI-enabled corporate services aimed at enhancing sales efficiency. The company offers a comprehensive sales dialogue analysis system that converts voice interactions into text, facilitating in-depth analysis of sales calls and customer service conversations. By leveraging machine learning, Recurrent.ai helps businesses generate detailed big data dialogue analysis reports and maintain customer portrait records. These capabilities enable companies to optimize their sales processes, reduce labor costs, and improve sales conversion rates, ultimately supporting more informed decision-making.

Youhua Technology

Series B in 2018
Shanghai based Media & Entertainment company.

Peilian.com

Series C in 2018
Peilian.com is an online music tutoring platform established in 2014 and based in Shanghai, China. Founded by Ge Jialin, an accomplished accordion player with extensive teaching experience, the platform specializes in providing one-on-one music lessons for instruments such as piano, violin, guzheng, and accordion. Peilian.com facilitates connections between students and tutors through the use of technology, allowing lessons to be conducted via computer tablets, iPads, and mobile phones. The company aims to deliver personalized music education to learners of various skill levels.

DeepMap

Series B in 2018
DeepMap, Inc. is a technology company that specializes in high-definition (HD) mapping and localization solutions aimed at enhancing the safety of autonomous vehicles. Founded in 2016 and headquartered in Palo Alto, California, with additional offices in Beijing and Guangzhou, the company provides essential technology for self-driving cars to navigate complex environments. DeepMap focuses on three core areas: creating precise HD maps, offering ultra-accurate real-time localization across various road types and driving conditions, and developing the supporting infrastructure for global scalability. By addressing these elements, DeepMap aims to improve the safety and efficiency of autonomous driving, making it a key player in the advancement of self-driving technology.

Furong Xingsheng

Series A in 2018
Furong Xingsheng, founded in 2009 and based in Changsha, China, operates a network of convenience stores that focus on community shopping. The company offers a variety of fresh products, including vegetables, fruits, meat, poultry, seafood, and general merchandise. It employs a novel retail model that combines online ordering with offline pick-up, catering to the daily needs of household consumers. In addition to its retail operations, Furong Xingsheng also specializes in B2B logistics and distribution services, enhancing its efficiency in serving the local market.

Shuidinongchang (Water drop farm)

Angel Round in 2018
Shuidinongchang is a Gaming Start up based in Beijing.

Mvoicer

Angel Round in 2018
Mvoicer is a gaming community platform designed to promote board games. The platform offers board game community and encyclopedia services which help players to chat with others and access to guides, videos, rules, materials, enabling players to make the game culture more interactive and understandable through real-time voicing. The game mainly consists of the WeChat applet and the App side. Mvoicer was founded in 2015 and is based in Shanghai, China.

Xiaohongshu

Series D in 2018
Xiaohongshu, founded in 2013 and based in Shanghai, is a lifestyle sharing platform that facilitates the exchange of experiences through text, images, and videos. Initially created to assist overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle topics, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform allows users to post their favorite products, share shopping experiences, and discover global merchandise, particularly in the luxury and fashion sectors. It serves as both a social network and a social e-commerce platform, enabling users to review and purchase products from abroad.

CastBox

Series B in 2018
CastBox is a spoken audio platform founded in 2016 and based in Beijing, China, with additional offices in Hong Kong and San Francisco. The platform allows users to easily find, access, and enjoy a wide range of spoken audio content, including podcasts, on-demand radio, and audiobooks, across multiple devices such as mobile phones, desktops, and smart home devices. CastBox employs proprietary technology, including curated podcast recommendations and an in-audio deep search feature powered by natural language processing and machine learning. This technology enables the platform to deliver personalized listening experiences tailored to individual user preferences and habits. The service is available in multiple languages, making it accessible to a global audience.

Paipaizhuan

Series B in 2017
Paipaizhuan is a Beijing-based image identification technology company. It provides shelf image recognition and retail business inspection services for retailers.

Longmao Data

Series A in 2017
Longmao Data is a Beijing-based company established in 2014 that specializes in data services for artificial intelligence platforms. The firm collects a diverse array of data types, including images, texts, voices, and videos, and employs crowdsourcing methods for data annotation. This annotated data is then supplied to clients in the artificial intelligence sector, facilitating the training of their AI models. Longmao Data's focus on comprehensive data collection and annotation positions it as a valuable partner for businesses looking to enhance their AI capabilities.

CastBox

Series A in 2017
CastBox is a spoken audio platform founded in 2016 and based in Beijing, China, with additional offices in Hong Kong and San Francisco. The platform allows users to easily find, access, and enjoy a wide range of spoken audio content, including podcasts, on-demand radio, and audiobooks, across multiple devices such as mobile phones, desktops, and smart home devices. CastBox employs proprietary technology, including curated podcast recommendations and an in-audio deep search feature powered by natural language processing and machine learning. This technology enables the platform to deliver personalized listening experiences tailored to individual user preferences and habits. The service is available in multiple languages, making it accessible to a global audience.

Yangche Diandian

Series C in 2017
Yangche Diandian offers a range of painting and cleaning services for automobiles. It is based in Hangzhou, China.

YCloset

Series C in 2017
At YCloset, users were able to enroll for a monthly fee and rent clothes and accessories free of charge. Founded in 2015, the Beijing-based online platform operated in about 40 cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen. They had partnered with over a hundred fashion brands providing the rental service. The firm announced that it would close down its operations by August 15, 2021.

Xingtang miniKTV

Series A in 2017
Xingtang miniKTV operates a network of self-serve karaoke boxes in China, aiming to redefine the traditional karaoke experience. Founded by a team from Baidu Inc., the company has emerged as a pioneer in this innovative sector, securing significant financing for its operations. The automated karaoke boxes are strategically located in shopping malls and are equipped with mobile payment options and WeChat integration, catering to the preferences of young Chinese consumers. This unique model allows users to enjoy singing their favorite songs in a private setting for short periods, reflecting a shift towards more convenient entertainment options. With estimates suggesting that up to 500,000 miniKTV boxes could be established in major cities, Xingtang miniKTV is poised for substantial growth in the future.

Peilian.com

Series A in 2017
Peilian.com is an online music tutoring platform established in 2014 and based in Shanghai, China. Founded by Ge Jialin, an accomplished accordion player with extensive teaching experience, the platform specializes in providing one-on-one music lessons for instruments such as piano, violin, guzheng, and accordion. Peilian.com facilitates connections between students and tutors through the use of technology, allowing lessons to be conducted via computer tablets, iPads, and mobile phones. The company aims to deliver personalized music education to learners of various skill levels.

DeepMap

Series A in 2017
DeepMap, Inc. is a technology company that specializes in high-definition (HD) mapping and localization solutions aimed at enhancing the safety of autonomous vehicles. Founded in 2016 and headquartered in Palo Alto, California, with additional offices in Beijing and Guangzhou, the company provides essential technology for self-driving cars to navigate complex environments. DeepMap focuses on three core areas: creating precise HD maps, offering ultra-accurate real-time localization across various road types and driving conditions, and developing the supporting infrastructure for global scalability. By addressing these elements, DeepMap aims to improve the safety and efficiency of autonomous driving, making it a key player in the advancement of self-driving technology.

YCloset

Series B in 2017
At YCloset, users were able to enroll for a monthly fee and rent clothes and accessories free of charge. Founded in 2015, the Beijing-based online platform operated in about 40 cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen. They had partnered with over a hundred fashion brands providing the rental service. The firm announced that it would close down its operations by August 15, 2021.

DeepMap

Seed Round in 2016
DeepMap, Inc. is a technology company that specializes in high-definition (HD) mapping and localization solutions aimed at enhancing the safety of autonomous vehicles. Founded in 2016 and headquartered in Palo Alto, California, with additional offices in Beijing and Guangzhou, the company provides essential technology for self-driving cars to navigate complex environments. DeepMap focuses on three core areas: creating precise HD maps, offering ultra-accurate real-time localization across various road types and driving conditions, and developing the supporting infrastructure for global scalability. By addressing these elements, DeepMap aims to improve the safety and efficiency of autonomous driving, making it a key player in the advancement of self-driving technology.

Zero Zero Robotics

Series A in 2016
Co-founded in 2014 by Stanford Ph.D’s, MQ Wang and Tony Zhang, ZeroZero is a forward-thinking robotics company pioneering the future of smart flying robotics that empower people to enhance their lives. Two years ago, ZeroZero introduced its first flagship product, the Hover Camera Passport, a consumer-friendly smart flying camera built for capturing fun and unique perspectives and exciting memories. It received widespread acclaim, won numerous awards, such as Best of the Best from Red Dot Design, IF Design, CES, among others, and entered into a worldwide partnership with Apple retail. ZeroZero, with over 120 employees, is headquartered in Beijing, with offices in San Francisco, Shenzhen, Hangzhou, and Taiwan. Investors include IDG, GSR Ventures, ZhenFund, among others.

YCloset

Series A in 2016
At YCloset, users were able to enroll for a monthly fee and rent clothes and accessories free of charge. Founded in 2015, the Beijing-based online platform operated in about 40 cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen. They had partnered with over a hundred fashion brands providing the rental service. The firm announced that it would close down its operations by August 15, 2021.

XueXiBao

Series B in 2015
XueXiBao is an educational technology startup based in China that offers a homework help application aimed at middle and high school students. The platform allows users to upload text, math problems, or diagrams, utilizing image and optical-character recognition technology to deliver answers and supplementary information. In addition to this feature, XueXiBao provides one-on-one live tutoring and personalized teaching services, which are designed to enhance the learning experience and improve academic efficiency for its users.

Seeo

Series E in 2014
Seeo, Inc. specializes in the development and manufacturing of rechargeable lithium-ion batteries that utilize a nano-structured polymer electrolyte. Founded in 2007 and headquartered in Hayward, California, with facilities in Shanghai, China, the company serves various markets, including transportation, electric grid, and telecommunications. Seeo's batteries are designed to be safe, lightweight, and high in energy density, making them suitable for demanding applications. They feature a solid-state composition that eliminates flammable or volatile components, significantly reducing the risk of fires under stress conditions such as crushing or overvoltage. This innovative approach enables environmentally friendly energy storage with a reduced reliance on raw materials while enhancing payload range for vehicle owners. As of 2015, Seeo operates as a subsidiary of Robert Bosch GmbH.

Lattice Power

Series D in 2014
Lattice Power (Jiangxi) Corporation is a high-tech enterprise based in Nanchang, China, specializing in the research and production of silicon substrate materials for gallium nitride (GaN) based light-emitting diodes (LEDs). Founded in 2006, the company focuses on innovative LED technologies, offering a wide range of products including high-power LED chips, which have received national recognition for their advanced technology. Lattice Power's product lineup encompasses solutions for commercial lighting, display applications, liquid-crystal display (LCD) backlighting, and vehicle lighting, including interior lights and intelligent driving assistance systems. The company is known for its proprietary GaN blue light emitting diodes with silicon substrates, supported by numerous patents, and maintains a diverse technological foundation that includes sapphire and carborundum substrates. As a subsidiary of Shunfeng International Clean Energy Limited, Lattice Power continues to contribute to the evolution of LED technology, emphasizing cost-effective and efficient lighting solutions.

XueXiBao

Series A in 2014
XueXiBao is an educational technology startup based in China that offers a homework help application aimed at middle and high school students. The platform allows users to upload text, math problems, or diagrams, utilizing image and optical-character recognition technology to deliver answers and supplementary information. In addition to this feature, XueXiBao provides one-on-one live tutoring and personalized teaching services, which are designed to enhance the learning experience and improve academic efficiency for its users.

ELEME

Series C in 2013
ELEME operates as an online ordering platform. It provides a variety of gourmet food takeaway services. Lazhasi Network Technology in Shanghai develops and operates ELEME. It has covered more than 2000 cities in China, with more than 1.3 million joining shops, 15 thousand staff, and more than nine million daily orders. The Alibaba Group acquired ELEME in April 2018 and it continues to operate independently. Mark Zhang and Jack Kang, at Minhang Campus of Shanghai Jiao Tong University, founded ELEME in September 2008. Its headquarters are in Shanghai, China.

GeoTMT

Series B in 2013
GeoTMT operates as an advertising data technology company. It offers an advertising platform that helps clients in the management and release of Internet advertisements. GeoTMT provides Internet advertisement dispatch services to advertisers and advertising agencies. It offers big data marketing solutions, including big data access and mining solutions. GeoTMT began operation in 2011, with its headquarters in Beijing in China. It has additional offices in Shanghai and Guangzhou.

ELEME

Series B in 2013
ELEME operates as an online ordering platform. It provides a variety of gourmet food takeaway services. Lazhasi Network Technology in Shanghai develops and operates ELEME. It has covered more than 2000 cities in China, with more than 1.3 million joining shops, 15 thousand staff, and more than nine million daily orders. The Alibaba Group acquired ELEME in April 2018 and it continues to operate independently. Mark Zhang and Jack Kang, at Minhang Campus of Shanghai Jiao Tong University, founded ELEME in September 2008. Its headquarters are in Shanghai, China.

GeoTMT

Series A in 2012
GeoTMT operates as an advertising data technology company. It offers an advertising platform that helps clients in the management and release of Internet advertisements. GeoTMT provides Internet advertisement dispatch services to advertisers and advertising agencies. It offers big data marketing solutions, including big data access and mining solutions. GeoTMT began operation in 2011, with its headquarters in Beijing in China. It has additional offices in Shanghai and Guangzhou.

Protean Electric

Venture Round in 2012
Protean Electric Limited is a clean technology company based in Farnham, United Kingdom, specializing in the design and manufacture of in-wheel electric motor direct drive systems for various light-duty vehicles, including sedans, SUVs, and commercial vans. The company's flagship product, Protean Drive, integrates in-wheel motors with inverters, control electronics, and software to deliver a versatile and efficient electric drive solution. This system is suitable for pure electric, hybrid, and fuel cell vehicles, enhancing vehicle performance and customization through advanced digital controls and software capabilities. Protean Electric's patented technology improves fuel economy and torque response, enabling automobile manufacturers to innovate and optimize vehicle designs. The company maintains strategic partnerships with key industry players and operates globally, including in the United States, China, and Hong Kong. As a subsidiary of Printed Motor Works Limited, Protean Electric aims to drive sustainable transport through its innovative solutions.

Shanghai Yimu Network Technology

Series B in 2012
Imoffice enterprise instant messaging platform (imo企业通讯) provides the government, enterprises, and organizations with real-time communication network, network coordination office, network operations management, and other related services. It is owned by Shanghai Yimu Network Technology. Imoffice mainly aims at online communication and coordination office services between enterprises and organizations. Users of the platform do not need to purchase a new server, nor change the current network environment and debug complex configuration to realize a company's instant messaging and requirements of a cooperative office. The company’s research, development, and management headquarter is located in Shanghai, China. With a global VC joint investment of 100 million Yuan and 7 years for operation of research and development, it serves hundreds of millions of IM and massive online collaborative enterprise users. Imoffice was launched in 2007.

Beijing Infinite World

Series B in 2011
Beijing Infinite World Co., Ltd. is a cultural and creative enterprise established in January 2010, focused on the research, development, and operation of online games across various platforms. Founded by Zengge, known as "the father of the game Zhuxian," the company offers a distinctive 3D online game, which serves as its flagship product. With a well-funded background and an experienced team, Infinite World has successfully produced and operated several renowned online games, including Perfect World and Jade Dynasty. The company is also developing a virtual reality technology game platform aimed at providing engaging and customized gaming experiences that transcend traditional boundaries, allowing users to enjoy limitless virtual interactions.

Shanghai Yimu Network Technology

Series A in 2011
Imoffice enterprise instant messaging platform (imo企业通讯) provides the government, enterprises, and organizations with real-time communication network, network coordination office, network operations management, and other related services. It is owned by Shanghai Yimu Network Technology. Imoffice mainly aims at online communication and coordination office services between enterprises and organizations. Users of the platform do not need to purchase a new server, nor change the current network environment and debug complex configuration to realize a company's instant messaging and requirements of a cooperative office. The company’s research, development, and management headquarter is located in Shanghai, China. With a global VC joint investment of 100 million Yuan and 7 years for operation of research and development, it serves hundreds of millions of IM and massive online collaborative enterprise users. Imoffice was launched in 2007.

IZP Technologies

Venture Round in 2011
IZP Technologies Co., Ltd. is a high-technology company based in Beijing, China, specializing in digital marketing solutions tailored for the telecom media technology sector. The company offers a comprehensive range of services, including market research, advertising optimization, and user experience enhancement. Its products include AdWib, a mobile advertising solution; Adwin, an internet keyword advertising scheme; and ZBoss, an advertising business operating system that facilitates customization and management of ads. Additionally, IZP has pioneered big data marketing strategies, enabling both large brand advertisers and small to medium enterprises to engage effectively with consumers. The company operates three overseas centers in Europe, Latin America, and Southeast Asia, supporting a network of 21 multinational telecoms and reaching 800 million internet users across 89 countries.

Seeo

Series D in 2011
Seeo, Inc. specializes in the development and manufacturing of rechargeable lithium-ion batteries that utilize a nano-structured polymer electrolyte. Founded in 2007 and headquartered in Hayward, California, with facilities in Shanghai, China, the company serves various markets, including transportation, electric grid, and telecommunications. Seeo's batteries are designed to be safe, lightweight, and high in energy density, making them suitable for demanding applications. They feature a solid-state composition that eliminates flammable or volatile components, significantly reducing the risk of fires under stress conditions such as crushing or overvoltage. This innovative approach enables environmentally friendly energy storage with a reduced reliance on raw materials while enhancing payload range for vehicle owners. As of 2015, Seeo operates as a subsidiary of Robert Bosch GmbH.

Baihe

Series C in 2011
Baihe.com is an online dating service provider in China that originated from Heiyou.com, a social networking site. The core business of the company is its marriage matchmaking and friend-making service. Baihe.com introduces a feature called ""spiritual matches"" in its marriage matchmaking service. Through scientific and professional psychological tests, Baihe.com guides its customers in finding a partner who can satisfy their spiritual needs during the love-searching process. Baihe.com was launched in May 2005, and within less than a year, it became the largest serious marriage matchmaking and friend-making website in China. The site has 5 million users, with 4,000 to 6,000 new users registering every day. In 2005 and 2006, Baihe.com raised US$11 million from Mayfield Fund, NEA, GSR Ventures, and NorthernLight. To date, 60 million registered singles have found their life partners through its website.

Baixing.com

Series C in 2011
Baixing.com is an online platform that offers a database of classified advertisements. It was launched by Jianshuo Wang, Jia Li, and Xiao Liang Pan and its operations are based in Shanghai, China.

Link Motion

Venture Round in 2011
Link Motion is a global provider of consumer and enterprise mobile Internet services. Link Motion’s portfolio of offerings includes enabling technology solutions and secure connected carputers for the ecosystem of car businesses, consumer ride-sharing services, as well as legacy mobile security, productivity, and other related applications. Link Motion was founded in 2005 and became the first mobile internet service company in China that successfully listed on the NYSE in May 2011 (under the ticker: NQ). The Company is International with offices currently in Beijing, Hong Kong, Taipei, Dallas, and Finland. The Company was founded for the Smartphone revolution and provided a wide range of mobile internet services and applications. Now, the Company is positioned for the future Smart Car revolution.

ShineOn

Series C in 2011
Shineon (Beijing) Technology Co., Ltd. is a high-tech enterprise based in China, specializing in the development and manufacturing of high-brightness LED (HB LED) packaging products and chip technologies. The company focuses on delivering high-quality, reliable LED solutions with low thermal resistance and consistent color temperature, catering to various applications including LCD backlighting and solid-state lighting. Shineon's innovative approach includes the creation of optoelectronic devices and module technologies that support high-power and smart lighting systems, as well as miniLED displays for sectors such as virtual production and extended reality. Established by experts in the field, the company is backed by foreign investors and is committed to advancing LED technology without the need for additional electronic components in its lighting solutions.

AdChina

Venture Round in 2011
AdChina, Ltd. operates a comprehensive Internet advertising platform in China, connecting advertisers with publishers through advanced technology. Founded in 2007 and based in Shanghai, its core offering, the AdChina AdManager system, efficiently tracks available advertising space, processes orders, analyzes audience data, and matches advertisements to target demographics in real-time. The platform also includes the AdChina Demand Platform, designed for advertising agencies and advertisers, and the AdChina Supply Platform, aimed at publishers operating across online and mobile channels. This integrated system allows for diverse ad formats and ensures effective delivery across various internet access devices. With significant reach, AdChina's platform provides access to billions of page views and millions of unique users each month, enhancing the advertising capabilities available to its clients.

ELEME

Series A in 2011
ELEME operates as an online ordering platform. It provides a variety of gourmet food takeaway services. Lazhasi Network Technology in Shanghai develops and operates ELEME. It has covered more than 2000 cities in China, with more than 1.3 million joining shops, 15 thousand staff, and more than nine million daily orders. The Alibaba Group acquired ELEME in April 2018 and it continues to operate independently. Mark Zhang and Jack Kang, at Minhang Campus of Shanghai Jiao Tong University, founded ELEME in September 2008. Its headquarters are in Shanghai, China.

Dianxin

Series A in 2011
Dianxin (点心移动) is a Chinese company providing intelligent terminal integrated solutions based on mobile internet. Established in 2010, (Beijing Wind Spirit Science and Technology Co., Ltd) is the first incubator company of Innovation Works that was under the leadership of Dr. Li Kaifu. It is committed to the professional development of Android applications, enhancing system functions such as integration capability, availability, and security of clouds in the operating system level. The company’s main products include baidu mobile guards (the original android optimized master), DX Home, DX-Power Manager, and more. The baidu mobile guards have accumulated more than 200 million loyal users. It also received ten million US dollars as Round A investment from Kanchenjunga Venture Capital in March 2011 and the accumulative total number of its users exceeded 100 million in February 2013.

Lashou.com

Series B in 2010
Lashou.com is a location-based social commerce platform that facilitates online-to-offline transactions for users in China. Founded in March 2010, the company has become the largest group-purchasing website in the country, serving over 500 cities, including Beijing, Shanghai, Hong Kong, and Taipei. Lashou provides merchants with effective marketing solutions while allowing users to access discounts and coupons through group buying. The platform has experienced significant growth, boasting approximately 3 million registered users and over 30 million monthly visits. Lashou aims to expand its services into Southeast Asian markets, including Malaysia, Thailand, and Singapore, in the near future. The company has successfully raised $55 million from various investors, contributing to its estimated market value of $1.1 billion.

ShineOn

Series B in 2010
Shineon (Beijing) Technology Co., Ltd. is a high-tech enterprise based in China, specializing in the development and manufacturing of high-brightness LED (HB LED) packaging products and chip technologies. The company focuses on delivering high-quality, reliable LED solutions with low thermal resistance and consistent color temperature, catering to various applications including LCD backlighting and solid-state lighting. Shineon's innovative approach includes the creation of optoelectronic devices and module technologies that support high-power and smart lighting systems, as well as miniLED displays for sectors such as virtual production and extended reality. Established by experts in the field, the company is backed by foreign investors and is committed to advancing LED technology without the need for additional electronic components in its lighting solutions.

Lattice Power

Series C in 2010
Lattice Power (Jiangxi) Corporation is a high-tech enterprise based in Nanchang, China, specializing in the research and production of silicon substrate materials for gallium nitride (GaN) based light-emitting diodes (LEDs). Founded in 2006, the company focuses on innovative LED technologies, offering a wide range of products including high-power LED chips, which have received national recognition for their advanced technology. Lattice Power's product lineup encompasses solutions for commercial lighting, display applications, liquid-crystal display (LCD) backlighting, and vehicle lighting, including interior lights and intelligent driving assistance systems. The company is known for its proprietary GaN blue light emitting diodes with silicon substrates, supported by numerous patents, and maintains a diverse technological foundation that includes sapphire and carborundum substrates. As a subsidiary of Shunfeng International Clean Energy Limited, Lattice Power continues to contribute to the evolution of LED technology, emphasizing cost-effective and efficient lighting solutions.

AdMaster

Series A in 2010
AdMaster (AdMaster精硕科技) is focused on domestic advertising, and is a third party provider of solutions for marketing massive data in China. It is also the key domestic independent third party of massive data management platform at present. AdMaster aims at helping advertisers to realize the monitoring and optimization of digital marketing effect as well as improving the overall marketing ROI by technology-driven massive data perception research. AdMaster has a server cluster which processes more than 200 billion data and iterates more than 100 types of data models every month. The main research and service areas include digital marketing effect monitoring and researche, valuation and management of social media marketing effect, analysis and management of social big data, and more.

IZP Technologies

Venture Round in 2010
IZP Technologies Co., Ltd. is a high-technology company based in Beijing, China, specializing in digital marketing solutions tailored for the telecom media technology sector. The company offers a comprehensive range of services, including market research, advertising optimization, and user experience enhancement. Its products include AdWib, a mobile advertising solution; Adwin, an internet keyword advertising scheme; and ZBoss, an advertising business operating system that facilitates customization and management of ads. Additionally, IZP has pioneered big data marketing strategies, enabling both large brand advertisers and small to medium enterprises to engage effectively with consumers. The company operates three overseas centers in Europe, Latin America, and Southeast Asia, supporting a network of 21 multinational telecoms and reaching 800 million internet users across 89 countries.

Link Motion

Venture Round in 2010
Link Motion is a global provider of consumer and enterprise mobile Internet services. Link Motion’s portfolio of offerings includes enabling technology solutions and secure connected carputers for the ecosystem of car businesses, consumer ride-sharing services, as well as legacy mobile security, productivity, and other related applications. Link Motion was founded in 2005 and became the first mobile internet service company in China that successfully listed on the NYSE in May 2011 (under the ticker: NQ). The Company is International with offices currently in Beijing, Hong Kong, Taipei, Dallas, and Finland. The Company was founded for the Smartphone revolution and provided a wide range of mobile internet services and applications. Now, the Company is positioned for the future Smart Car revolution.

Link Motion

Venture Round in 2010
Link Motion is a global provider of consumer and enterprise mobile Internet services. Link Motion’s portfolio of offerings includes enabling technology solutions and secure connected carputers for the ecosystem of car businesses, consumer ride-sharing services, as well as legacy mobile security, productivity, and other related applications. Link Motion was founded in 2005 and became the first mobile internet service company in China that successfully listed on the NYSE in May 2011 (under the ticker: NQ). The Company is International with offices currently in Beijing, Hong Kong, Taipei, Dallas, and Finland. The Company was founded for the Smartphone revolution and provided a wide range of mobile internet services and applications. Now, the Company is positioned for the future Smart Car revolution.

Link Motion

Venture Round in 2010
Link Motion is a global provider of consumer and enterprise mobile Internet services. Link Motion’s portfolio of offerings includes enabling technology solutions and secure connected carputers for the ecosystem of car businesses, consumer ride-sharing services, as well as legacy mobile security, productivity, and other related applications. Link Motion was founded in 2005 and became the first mobile internet service company in China that successfully listed on the NYSE in May 2011 (under the ticker: NQ). The Company is International with offices currently in Beijing, Hong Kong, Taipei, Dallas, and Finland. The Company was founded for the Smartphone revolution and provided a wide range of mobile internet services and applications. Now, the Company is positioned for the future Smart Car revolution.

Hubs1

Series B in 2009
Hubs1 is a provider of accommodation reservation services that connects hotels to both traditional and emerging distribution channels. Through CRS, their hotel clients are able to establish seamless connections with all major GPS companies as well as third-party sites.

Qunar.com

Series C in 2009
Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.

AdChina

Series B in 2009
AdChina, Ltd. operates a comprehensive Internet advertising platform in China, connecting advertisers with publishers through advanced technology. Founded in 2007 and based in Shanghai, its core offering, the AdChina AdManager system, efficiently tracks available advertising space, processes orders, analyzes audience data, and matches advertisements to target demographics in real-time. The platform also includes the AdChina Demand Platform, designed for advertising agencies and advertisers, and the AdChina Supply Platform, aimed at publishers operating across online and mobile channels. This integrated system allows for diverse ad formats and ensures effective delivery across various internet access devices. With significant reach, AdChina's platform provides access to billions of page views and millions of unique users each month, enhancing the advertising capabilities available to its clients.

AdChina

Series A in 2008
AdChina, Ltd. operates a comprehensive Internet advertising platform in China, connecting advertisers with publishers through advanced technology. Founded in 2007 and based in Shanghai, its core offering, the AdChina AdManager system, efficiently tracks available advertising space, processes orders, analyzes audience data, and matches advertisements to target demographics in real-time. The platform also includes the AdChina Demand Platform, designed for advertising agencies and advertisers, and the AdChina Supply Platform, aimed at publishers operating across online and mobile channels. This integrated system allows for diverse ad formats and ensures effective delivery across various internet access devices. With significant reach, AdChina's platform provides access to billions of page views and millions of unique users each month, enhancing the advertising capabilities available to its clients.

Baixing.com

Series B in 2008
Baixing.com is an online platform that offers a database of classified advertisements. It was launched by Jianshuo Wang, Jia Li, and Xiao Liang Pan and its operations are based in Shanghai, China.

Link Motion

Venture Round in 2007
Link Motion is a global provider of consumer and enterprise mobile Internet services. Link Motion’s portfolio of offerings includes enabling technology solutions and secure connected carputers for the ecosystem of car businesses, consumer ride-sharing services, as well as legacy mobile security, productivity, and other related applications. Link Motion was founded in 2005 and became the first mobile internet service company in China that successfully listed on the NYSE in May 2011 (under the ticker: NQ). The Company is International with offices currently in Beijing, Hong Kong, Taipei, Dallas, and Finland. The Company was founded for the Smartphone revolution and provided a wide range of mobile internet services and applications. Now, the Company is positioned for the future Smart Car revolution.

Qunar.com

Series B in 2007
Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.

Baixing.com

Series A in 2007
Baixing.com is an online platform that offers a database of classified advertisements. It was launched by Jianshuo Wang, Jia Li, and Xiao Liang Pan and its operations are based in Shanghai, China.

Lattice Power

Series B in 2007
Lattice Power (Jiangxi) Corporation is a high-tech enterprise based in Nanchang, China, specializing in the research and production of silicon substrate materials for gallium nitride (GaN) based light-emitting diodes (LEDs). Founded in 2006, the company focuses on innovative LED technologies, offering a wide range of products including high-power LED chips, which have received national recognition for their advanced technology. Lattice Power's product lineup encompasses solutions for commercial lighting, display applications, liquid-crystal display (LCD) backlighting, and vehicle lighting, including interior lights and intelligent driving assistance systems. The company is known for its proprietary GaN blue light emitting diodes with silicon substrates, supported by numerous patents, and maintains a diverse technological foundation that includes sapphire and carborundum substrates. As a subsidiary of Shunfeng International Clean Energy Limited, Lattice Power continues to contribute to the evolution of LED technology, emphasizing cost-effective and efficient lighting solutions.

Beijing PingCo Technology

Series B in 2007
Beijing PingCo Technology Co., Ltd. (明致无限) is a professional Chinese high-tech company focused on the development of wireless internet applications for mobiles. The company’s major product, PingCo, is a mobile phone client software based on GPRS and includes features such as free text messages, calls, circles of friends, casual dating community, and new friends. PingCo supports more than 2000 types of mobile phones that include Nokia, MoTo, and Sony Ericsson, and is a terminal domestic software that is compatible with most mobile types.

UiTV

Series A in 2006
Beijing UiTV (联合网视) is an online video operation service provider with China’s largest online TV platform under its operation. It includes a vast number of videos suitable for PC, MP4 and mobiles. UiTV connects content and service providers to supply abundant video resources to internet users. It is also an integrated communication platform for advertising agencies and advertisers. Through technology, operation management and business models, UiTV currently holds a notable position in its field, and has comprehensive collaboration with many high-end content providers, internet companies and advertisement companies.

Qunar.com

Series A in 2006
Qunar is a prominent Chinese-language online travel information provider, established in 2005 in Beijing. It operates as a search engine for web and mobile users, offering comprehensive travel-related information including flights, hotels, holiday packages, and group-buying deals. The platform aims to facilitate informed travel decisions by providing users with vast amounts of data from over 700 Chinese online travel websites, encompassing more than 100,000 hotels and 11,000 air routes. With a user base of approximately 75 million monthly visitors and 34 million activated mobile app users, Qunar leverages advanced technology to deliver fast and accurate search results. The company also features group-buying deals across more than 100 cities in China. As a significant player in the travel industry, Qunar competes primarily with Elong and Ctrip.

Aibo

Series A in 2006
Aibo is a provider of professional sports and lottery information services in China. Launched in October 8, 2010, Aibo web has now combined itself with revolutionary guessing lottery game in China - the IPO of football single betting pond odds guessing game, and researched and developed ""The hotline of lottery tickets online service system"" on its own, which meets the market demand. Currently, the main service content of Aibo is based on the internet platform, providing professional, credible, safe, and stable online lottery information, membership service, and others.

Lattice Power

Series A in 2006
Lattice Power (Jiangxi) Corporation is a high-tech enterprise based in Nanchang, China, specializing in the research and production of silicon substrate materials for gallium nitride (GaN) based light-emitting diodes (LEDs). Founded in 2006, the company focuses on innovative LED technologies, offering a wide range of products including high-power LED chips, which have received national recognition for their advanced technology. Lattice Power's product lineup encompasses solutions for commercial lighting, display applications, liquid-crystal display (LCD) backlighting, and vehicle lighting, including interior lights and intelligent driving assistance systems. The company is known for its proprietary GaN blue light emitting diodes with silicon substrates, supported by numerous patents, and maintains a diverse technological foundation that includes sapphire and carborundum substrates. As a subsidiary of Shunfeng International Clean Energy Limited, Lattice Power continues to contribute to the evolution of LED technology, emphasizing cost-effective and efficient lighting solutions.

Beijing PingCo Technology

Series A in 2005
Beijing PingCo Technology Co., Ltd. (明致无限) is a professional Chinese high-tech company focused on the development of wireless internet applications for mobiles. The company’s major product, PingCo, is a mobile phone client software based on GPRS and includes features such as free text messages, calls, circles of friends, casual dating community, and new friends. PingCo supports more than 2000 types of mobile phones that include Nokia, MoTo, and Sony Ericsson, and is a terminal domestic software that is compatible with most mobile types.

Baihe

Series A in 2005
Baihe.com is an online dating service provider in China that originated from Heiyou.com, a social networking site. The core business of the company is its marriage matchmaking and friend-making service. Baihe.com introduces a feature called ""spiritual matches"" in its marriage matchmaking service. Through scientific and professional psychological tests, Baihe.com guides its customers in finding a partner who can satisfy their spiritual needs during the love-searching process. Baihe.com was launched in May 2005, and within less than a year, it became the largest serious marriage matchmaking and friend-making website in China. The site has 5 million users, with 4,000 to 6,000 new users registering every day. In 2005 and 2006, Baihe.com raised US$11 million from Mayfield Fund, NEA, GSR Ventures, and NorthernLight. To date, 60 million registered singles have found their life partners through its website.
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