Hillhouse Investment Group

Hillhouse Investment Group, established in 2005 and headquartered in Hong Kong, is a prominent global investment management firm that focuses on private equity. The firm engages in long-term investments across various sectors, including healthcare, business services, consumer goods, industrials, and energy transition. Hillhouse partners with exceptional entrepreneurs to foster sustainable value creation within quality companies. In addition to private equity, the firm also participates in public equity, real estate, and private credit, managing capital on behalf of global institutions such as non-profit foundations, endowments, and pension funds.

Joe Gagnon

Partner

Jing Hong

Partner

Huang Liming

Partner

Zhang Lei

Founder and Chairman

Michael Yi

Partner

Sean Carney

Partner and Co-Head of Global Buyout

Past deals in Industrial Automation

Vita Dynamics

Seed Round in 2025
Vita Dynamics involves learning through real-world interactions by developing robots that can physically engage with their environment, they can adapt more naturally and efficiently.

ZJeagles Comsemi

Series B in 2025
ZJeagles Comsemi specializes in the design and production of optical communication chips tailored for data centers and various industrial applications. The company offers a range of high-speed optical communication VCSEL chips, high-power-density lidar VCSEL chips, and high-efficiency 3D sensing VCSEL chips. These products support advancements in data center optical interconnection, automotive autonomous driving, and intelligent sensing technologies. Additionally, ZJeagles Comsemi develops new LED packaging solutions that cater to smart lighting needs in cockpit environments, consumer electronics, and broader industrial contexts. By providing innovative chip solutions, the company aims to empower industry customers with effective production inputs for enhanced technological applications.

Vita Dynamics

Seed Round in 2025
Vita Dynamics involves learning through real-world interactions by developing robots that can physically engage with their environment, they can adapt more naturally and efficiently.

Semitech

Series B in 2022
Semitech is an intelligent manufacturing system supplier focused on providing integrated manufacturing solutions for high-tech industries.

Blue Ocean Robot

Series A in 2022
Blue Ocean Robot provides intelligent logistics solutions for the whole plant, including AMR (autonomous mobile robot) to dispatching system, three-dimensional warehousing and MES system.

Qingyun Zhitong

Series B in 2022
Qingyun Zhitong is an intelligent manufacturing enabling enterprise in the chemical industry. It is a continuous transformation platform for the scientific and technological achievements of the department of chemical engineering and the department of automation of tsinghua university. The company is committed to empowering industrial big data technology, industrial intelligent control technology, 5G technology, and AI technology. It can help chemical industry parks and chemical enterprises to help the construction of new infrastructure and industrial Internet in the chemical industry, and promote the intelligent transformation and upgrading of chemical enterprises and the construction of intelligent factories.

FAIR

Series B in 2022
FAIR is a collaborative robot company that has research and development and manufacturing capabilities for robot core components and complete machine systems such as robot controllers, precision reducers, and servo systems.

Wuxi Xinxiang

Series A in 2022
Wuxi Xinxiang is a semiconductor factory production automation CIM solution and services provider. They focus on intelligent automation production solutions and services in the field of wafer manufacturing, packaging and testing.

Qingyun Zhitong

Series A in 2022
Qingyun Zhitong is an intelligent manufacturing enabling enterprise in the chemical industry. It is a continuous transformation platform for the scientific and technological achievements of the department of chemical engineering and the department of automation of tsinghua university. The company is committed to empowering industrial big data technology, industrial intelligent control technology, 5G technology, and AI technology. It can help chemical industry parks and chemical enterprises to help the construction of new infrastructure and industrial Internet in the chemical industry, and promote the intelligent transformation and upgrading of chemical enterprises and the construction of intelligent factories.

Agile Robots

Series C in 2021
Agile Robots AG is a German company, founded in 2018 and headquartered in Gilching, with an additional office in Beijing, China. The company specializes in developing advanced robotic solutions that integrate artificial intelligence to enhance manufacturing, medical assistance, and service robotics. Its core offerings include a lightweight robotic arm featuring seven degrees of freedom and a general-purpose robot controller, designed for versatility in various applications. Agile Robots also provides a sophisticated robot vision system and scalable robotics optimized for seamless integration of perception, intelligence, and actuation. These systems are equipped with ultra-sensitive joint torque sensors, enabling them to detect and respond to interactions with human users and their environments, effectively bridging the gap between artificial intelligence and the physical world.

RoboticPlus.AI

Series B in 2021
RoboticPlus.AI is a robotics company focused on enhancing architectural technology within the construction sector. It develops intelligent robotic products that address the demands of mass customization in construction. By integrating design, computer science, artificial intelligence, and industrial manufacturing, RoboticPlus.AI delivers innovative solutions that improve work efficiency and reduce labor costs. The company's robots utilize intelligent programming, digital design, and human-computer interaction technologies, allowing for seamless integration into various industries and helping clients optimize their operational processes.

Wuxi Xinxiang

Series A in 2021
Wuxi Xinxiang is a semiconductor factory production automation CIM solution and services provider. They focus on intelligent automation production solutions and services in the field of wafer manufacturing, packaging and testing.

Agile Robots

Series B in 2021
Agile Robots AG is a German company, founded in 2018 and headquartered in Gilching, with an additional office in Beijing, China. The company specializes in developing advanced robotic solutions that integrate artificial intelligence to enhance manufacturing, medical assistance, and service robotics. Its core offerings include a lightweight robotic arm featuring seven degrees of freedom and a general-purpose robot controller, designed for versatility in various applications. Agile Robots also provides a sophisticated robot vision system and scalable robotics optimized for seamless integration of perception, intelligence, and actuation. These systems are equipped with ultra-sensitive joint torque sensors, enabling them to detect and respond to interactions with human users and their environments, effectively bridging the gap between artificial intelligence and the physical world.

ALLSENSE Technology

Series A in 2019
ALLSENSE Technology is an internet company that specializes in integrating industrial IoT technology, big data analysis, and artificial intelligence to enhance thermoelectric energy production. The company offers online intelligent operation cloud services tailored for thermal power companies. Its flagship product, the Quanying Thermoelectric Cloud, utilizes a cloud-based architecture to gather real-time data on thermoelectric production processes. By leveraging advanced analytical capabilities, ALLSENSE Technology aims to improve production efficiency and provide reliable support for decision-making in the thermal industry. Through its innovative solutions, the company seeks to transform traditional manufacturing practices and drive advancements in smart manufacturing within the sector.

Agile Robots

Seed Round in 2019
Agile Robots AG is a German company, founded in 2018 and headquartered in Gilching, with an additional office in Beijing, China. The company specializes in developing advanced robotic solutions that integrate artificial intelligence to enhance manufacturing, medical assistance, and service robotics. Its core offerings include a lightweight robotic arm featuring seven degrees of freedom and a general-purpose robot controller, designed for versatility in various applications. Agile Robots also provides a sophisticated robot vision system and scalable robotics optimized for seamless integration of perception, intelligence, and actuation. These systems are equipped with ultra-sensitive joint torque sensors, enabling them to detect and respond to interactions with human users and their environments, effectively bridging the gap between artificial intelligence and the physical world.

XuanYu Tech

Series A in 2018
XuanYu Tech specializes in providing smart factory solutions that integrate software and hardware tailored for the manufacturing industry. The company develops an industrial cloud platform designed to address the digitalization, networking, and intelligence requirements of manufacturing enterprises. This platform facilitates extensive data collection, aggregation, and analysis, enabling manufacturers to automate and optimize their operations. By supporting the connection, supply, and allocation of manufacturing resources, XuanYu Tech enhances efficiency and productivity within the sector.

ThinkForce

Series A in 2017
ThinkForce is a Shanghai-based company specializing in the production of artificial intelligence semiconductors. The firm develops intelligent semiconductors that integrate advanced AI algorithms and hardware platforms, focusing on creating specialist multi-core processors designed for high parallel processing capabilities. These processors consist of numerous simpler, independent cores, allowing clients to utilize chip virtualization services that function as a central processing unit for multiple independent computers. With a strong technical team, ThinkForce is committed to ensuring the successful integration of its technologies into various industrial applications.
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