IDG Capital

IDG Capital is a Beijing-based venture and growth-stage investment firm that backs technology-enabled companies across global markets, with a strong emphasis on China and Asia. It invests across seed, early, later, and growth stages and pursues buyouts, with interests spanning information technology, software, consumer products and services, healthcare, energy, SaaS, mobile, TMT, and advanced manufacturing. The firm leverages a worldwide network of limited partners, including sovereign wealth funds, pension funds, institutional investors, and philanthropic and educational endowments, to support portfolio companies. With deep local market knowledge and extensive relationships with business leaders, IDG Capital combines global perspective with local execution to facilitate inbound and outbound opportunities in China and the broader Asian region.

Xiaohui Cao

Partner

Guangfu Cui

Partner

Jun Fang

Partner

Mei Gao

Partner

Young Guo

General Partner

Past deals in Beijing

ChiefClouds

Series B in 2023
ChiefClouds is a company specializing in the construction and application of big data platforms for government and industrial sectors. It offers a range of industry-focused data intelligence products and solutions that address various fields, including government traffic, environmental protection, finance, and energy. By integrating top-tier big data technologies and expertise from leading internet and software companies, ChiefClouds creates a robust ecosystem for data-driven decision-making. The company employs a diverse team of professionals, encompassing experts from marketing, security, government, and corporate services. With branches located in major Chinese cities such as Shanghai, Beijing, Guangzhou, and Shijiazhuang, as well as laboratories in Silicon Valley, ChiefClouds is well-positioned to deliver sophisticated data solutions that facilitate refined operations and drive business growth for its clients.

Beijing Weiying Technology

Series A in 2022
Founded in 2014 by David Lim, Beijing Weiying Technology specializes in developing and operating the online movie ticket booking platform 'WePiao', integrated within WeChat. Collaborating with over 2000 cinemas nationwide, including Wanda's chains, the company aims to expand its services to other entertainment sectors such as performances and sports events.

EPiCMEMS

Series A in 2022
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.

WeShine Network

Series B in 2022
WeShine Network is a marketing and service platform based in Nanjing, China, established in 2015. The company specializes in providing integrated marketing solutions, primarily utilizing the WeChat platform to facilitate corporate account management for business users. WeShine Network enables enterprises to attract and acquire customers through various channels, enhancing their marketing precision and broadening their customer base. With over 150,000 businesses served and more than 30,000 paid enterprise users, the company has built a substantial presence globally, supported by a network of over 600 channel partners. Its offices are located in major cities such as Guangzhou, Shenzhen, Beijing, Shanghai, Wuxi, and Wuhan.

Beijing Weilan New Energy Technology

Venture Round in 2021
Beijing Weilan New Energy Technology is an enterprise company focusing on the development and production of next-generation all-solid-state batteries. One of the battery companies with patents and technologies for all-solid-state battery cores. With the core concept of “Huijuwei Blue, Leading Solid State”, the company has a leading domestic and international leading technology and development team. The company was established in 2016 and is based in Beijing, China.

Funiutang

Series C in 2021
Baman Beef Powder, formerly known as Funiutang or F.N.T, is an online-to-offline brand that focuses on Hunan beef noodles and instant beef powder. The company markets its products through online channels while also running restaurants in Beijing, providing customers with both packaged goods and dining experiences.

Chehaoduo

Series E in 2021
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

ChiefClouds

Series A in 2021
ChiefClouds is a company specializing in the construction and application of big data platforms for government and industrial sectors. It offers a range of industry-focused data intelligence products and solutions that address various fields, including government traffic, environmental protection, finance, and energy. By integrating top-tier big data technologies and expertise from leading internet and software companies, ChiefClouds creates a robust ecosystem for data-driven decision-making. The company employs a diverse team of professionals, encompassing experts from marketing, security, government, and corporate services. With branches located in major Chinese cities such as Shanghai, Beijing, Guangzhou, and Shijiazhuang, as well as laboratories in Silicon Valley, ChiefClouds is well-positioned to deliver sophisticated data solutions that facilitate refined operations and drive business growth for its clients.

EdiGene

Series B in 2021
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.

EPiCMEMS

Series A in 2021
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.

RootCloud

Series C in 2020
RootCloud is a Beijing-based cloud computing platform founded in 2016, specializing in industrial Internet-of-Things (IoT) applications. It offers a comprehensive solution that encompasses various layers, including connection, platform, and application layers, aimed at enhancing industrial operations. The company primarily serves machine manufacturers, equipment users, government agencies, and social organizations, providing services such as smart manufacturing, research and development, and equipment financing. RootCloud leverages its extensive expertise in IoT and big data to support digital transformation and life-cycle management for large-scale manufacturing enterprises. By delivering service-as-a-service applications on public cloud infrastructure, RootCloud enables clients to improve operational efficiency and product quality, fundamentally reshaping the way industrial enterprises manage their businesses.

DEEPEXI

Series A in 2020
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.

EdiGene

Series B in 2020
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.

CertiK

Venture Round in 2020
CertiK is a blockchain security company that uses formal verification and AI-powered monitoring to protect and supervise blockchain protocols and smart contracts. It offers security audits, penetration testing, and custom formal verification services. Founded in 2018 by professors from Yale University and Columbia University, CertiK applies academic research to real-world blockchain deployments to help mission-critical applications scale safely and correctly. The company serves clients globally and maintains a presence in major technology hubs.

DEEPEXI

Series A in 2020
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.

Wangpai Huyu

Angel Round in 2020
Ace Interactive Entertainment is a mobile game developer, formerly known as Beijing Pan-Arab Network Technology Co., Ltd. The company’s business mainly covers two aspects: the development and distribution of mobile games, and its products include casual tower defense games "D-MEN: The Defenders ( The hero returns)" etc.

Medbanks

Series D in 2019
Founded in 2014, Medbanks specializes in healthcare data processing services. It develops an oncology database by collecting and analyzing clinical information from hospitals.

Qi An Xin

Private Equity Round in 2019
Qi An Xin Group is a prominent cybersecurity company based in Beijing, China, specializing in the protection of critical internet assets across various sectors, including government, finance, energy, and telecommunications. Founded in 2015, the company has experienced rapid growth, achieving over 90% consecutive compound annual growth rate since its inception. Qi An Xin offers a range of security solutions, including big data security, endpoint security, content security, and advanced detection and monitoring systems for cyber threats such as DDoS attacks and phishing. With a workforce of over 6,000 professionals, the company has successfully implemented its technologies in approximately 90% of government departments, state-owned enterprises, and major banks in China. Since 2019, Qi An Xin has also begun expanding its international presence, establishing operations in countries such as Indonesia, Singapore, Canada, Hong Kong, and Macao.

DEEPEXI

Series A in 2019
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.

EdiGene

Series A in 2019
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.

Zhiketong Technology

Series C in 2019
Beijing Zhiketong Technology Co., Ltd., established in 2014, specializes in providing direct marketing services for the hospitality, leisure, and entertainment sectors through its web platform on WeChat. The company acts as an agency that offers a range of digital marketing solutions, including consulting, advertising, and comprehensive data analysis. By assisting partners in optimizing their management efficiency and enhancing service quality, Zhiketong Technology helps businesses increase brand awareness and attract more customers. Its services encompass intelligent data analysis systems, online marketing strategies, customer management tools, and online store design, all aimed at driving revenue growth for hotels and tourism attractions in China.

Hi-Fun

Series A in 2019
Hi-Fun is an indoor competitive theme park built by Airnet and invested in incubation. It provides more than 30 large-scale competitive entertainment projects and amusement facilities, creating a comprehensive large indoor "athletic, interactive entertainment, video game". Theme Park. Beijing Airborne Sports Development Co., Ltd. products.

DEEPEXI

Seed Round in 2019
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.

EdiGene

Series A in 2019
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.

Medbanks

Series D in 2018
Founded in 2014, Medbanks specializes in healthcare data processing services. It develops an oncology database by collecting and analyzing clinical information from hospitals.

DEEPEXI

Angel Round in 2018
Founded in 2018, DEEPEXI is a leading provider of enterprise-level digital transformation services. It offers business consulting, solutions, products, and technology research & development based on advanced internet architecture. With over 160 employees across Beijing, Guangzhou, Shenzhen, Nanjing, and Chengdu, the company specializes in scalable business intelligence services that integrate 5G, IoT, big data, AI, and cloud computing technologies.

Zmeng Network Technology (ZMT)

Series C in 2018
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

Zhiketong Technology

Series B in 2018
Beijing Zhiketong Technology Co., Ltd., established in 2014, specializes in providing direct marketing services for the hospitality, leisure, and entertainment sectors through its web platform on WeChat. The company acts as an agency that offers a range of digital marketing solutions, including consulting, advertising, and comprehensive data analysis. By assisting partners in optimizing their management efficiency and enhancing service quality, Zhiketong Technology helps businesses increase brand awareness and attract more customers. Its services encompass intelligent data analysis systems, online marketing strategies, customer management tools, and online store design, all aimed at driving revenue growth for hotels and tourism attractions in China.

EdiGene

Series A in 2018
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.

MagMode

Series C in 2018
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.

Xiangwushuo

Series B in 2018
Xiangwushuo is a Beijing-based company that operates an online platform facilitating the buying and selling of unused items. It enables users to trade and share goods through a marketplace that incorporates a point system, allowing transactions without the direct use of money. In addition to catering to individual consumers, Xiangwushuo offers business owners a means to promote and sell their products online. The company focuses on software and platform development, contributing to the trading of new and idle goods while promoting sustainability through the reuse of items.

RELX Technology

Series A in 2018
RELX Technology is an independent e-cigarette brand headquartered in Beijing, focusing on the development of innovative e-vapor products exclusively for adult smokers. The company has established a strong presence in over 50 countries, emerging as the market leader in China. RELX's diverse product portfolio includes four distinct product lines and a smartphone application designed to enhance user experience. The company emphasizes ethical practices and is recognized by the Chinese government as a socially-responsible corporation. RELX Technology prioritizes research and development, employing advanced technologies such as artificial intelligence and facial recognition to prevent underage access to its products. With an integrated offline distribution model and branded retail outlets, RELX is well-positioned in China’s e-vapor market.

PINTEC Group

Series A in 2018
PINTEC Group is a Chinese fintech company established in 2012, specializing in digital financial services. It offers solutions such as credit decisioning engines for high-speed lending, asset allocation tools for institutions, online mutual fund distribution platforms, and insurance services. Leveraging big data and digital technologies, PINTEC serves consumers, small businesses, and financial institutions.

OneMena

Series A in 2018
OneMena is a fast-growing mobile software company that for Arabic users' rich and high quality mobile internet life. Based in Beijing, set it's branches in Egypt, Saudi Arabia and the United Arab Emirates

CastBox

Series B in 2018
Founded in 2016, CastBox operates a global spoken audio platform offering personalized recommendations for listeners of podcasts, on-demand radio, and audiobooks. Its application is accessible across mobile devices, desktops, and smart home devices, with offices in Beijing, Hong Kong, and San Francisco.

Medbanks

Series C in 2018
Founded in 2014, Medbanks specializes in healthcare data processing services. It develops an oncology database by collecting and analyzing clinical information from hospitals.

Zhiketong Technology

Series B in 2018
Beijing Zhiketong Technology Co., Ltd., established in 2014, specializes in providing direct marketing services for the hospitality, leisure, and entertainment sectors through its web platform on WeChat. The company acts as an agency that offers a range of digital marketing solutions, including consulting, advertising, and comprehensive data analysis. By assisting partners in optimizing their management efficiency and enhancing service quality, Zhiketong Technology helps businesses increase brand awareness and attract more customers. Its services encompass intelligent data analysis systems, online marketing strategies, customer management tools, and online store design, all aimed at driving revenue growth for hotels and tourism attractions in China.

Xiangwushuo

Series A in 2018
Xiangwushuo is a Beijing-based company that operates an online platform facilitating the buying and selling of unused items. It enables users to trade and share goods through a marketplace that incorporates a point system, allowing transactions without the direct use of money. In addition to catering to individual consumers, Xiangwushuo offers business owners a means to promote and sell their products online. The company focuses on software and platform development, contributing to the trading of new and idle goods while promoting sustainability through the reuse of items.

Chehaoduo

Series C in 2018
Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Zhiketong Technology

Series A in 2017
Beijing Zhiketong Technology Co., Ltd., established in 2014, specializes in providing direct marketing services for the hospitality, leisure, and entertainment sectors through its web platform on WeChat. The company acts as an agency that offers a range of digital marketing solutions, including consulting, advertising, and comprehensive data analysis. By assisting partners in optimizing their management efficiency and enhancing service quality, Zhiketong Technology helps businesses increase brand awareness and attract more customers. Its services encompass intelligent data analysis systems, online marketing strategies, customer management tools, and online store design, all aimed at driving revenue growth for hotels and tourism attractions in China.

Zmeng Network Technology (ZMT)

Series B in 2017
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

CastBox

Series A in 2017
Founded in 2016, CastBox operates a global spoken audio platform offering personalized recommendations for listeners of podcasts, on-demand radio, and audiobooks. Its application is accessible across mobile devices, desktops, and smart home devices, with offices in Beijing, Hong Kong, and San Francisco.

Meituan

Series F in 2017
Meituan is a Beijing-based Chinese technology platform that combines on-demand food delivery, local commerce, and social shopping. It retails and delivers Chinese food from local restaurants online and operates a social commerce website offering online group discounts for food, groceries, tickets, and other services, including entertainment and health/fitness sectors. Meituan is described as the largest food delivery platform in China, with a market share of roughly 60-70% in 2024 according to Morningstar estimates. In the third quarter of 2024, about 74% of revenue came from the core local commerce segment, encompassing on-demand food delivery, retail and in-store services such as visits to beauty and entertainment venues after purchasing deals, and hotel and travel booking, while the remaining 26% came from newer initiatives like Meituan Select and overseas food delivery. The company originated as Meituan Group in 2010, became Meituan-Dianping in 2015, and rebranded to Meituan in 2020.

YCloset

Series C in 2017
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

BITMAIN

Series A in 2017
Bitmain is a leading manufacturer of Bitcoin mining hardware, specializing in the development and sale of miners utilizing ASIC chip technology. Founded by pioneers in the digital currency sector, the company is staffed by a team of skilled engineers, financial experts, and cryptocurrency enthusiasts. Headquartered in Beijing, Bitmain also maintains offices in cities such as San Francisco, Tel Aviv, Hong Kong, Chengdu, and Shenzhen. The company focuses on providing high-quality, efficient computing solutions, including high-density server equipment and large-scale parallel computing software, to support the cryptocurrency mining industry.

SenseTime

Series B in 2017
Founded in 2014, SenseTime specializes in artificial intelligence technologies, focusing on computer vision and deep learning. It offers a range of AI solutions including face and body analysis, image recognition, video comprehension, SLAM and 3D Vision, robot sensing, autonomous driving, medical image analysis, and AI supercomputing platforms. Serving sectors such as smart city, mobile, entertainment, automobile, health, business, education, and advertising worldwide, SenseTime operates offices in major cities across Asia.

Hehuan Yiliao

Series A in 2017
Hehuan Yiliao, based in Beijing, China, specializes in online medical consultation services, offering remote image consultation to enhance healthcare delivery. The company has developed a mobile platform that facilitates collaboration among medical practitioners, enabling efficient communication and consultation between doctors. By leveraging technology, Hehuan Yiliao aims to improve access to medical expertise and streamline the consultation process for healthcare professionals.

Beijing Helijia Information Technology

Series D in 2017
Beijing Helijia Information Technology Co., Ltd. is a Chinese startup specializing in beauty, hair, and nail services. Founded in 2014 and based in Beijing, the company operates a mobile application that allows customers to conveniently book a variety of personal care services, including hairdressing, manicures, eyelash extensions, and body shaping. The platform connects users with service providers, enabling them to choose from various service combinations based on their location. By eliminating traditional overhead costs associated with physical salons, Helijia can offer competitive pricing. The application employs a merit-based rating system for service providers, enhancing accountability and quality. Additionally, Helijia offers a range of skincare products, particularly those featuring hyaluronic acid, aimed at moisturizing and anti-aging.

MagMode

Series B in 2017
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.

Xiaolu Clinic

Series B in 2017
Xiaolu Clinic is a Beijing-based business established in 2016, specializing in an online platform that connects traditional Chinese medicine practitioners with patients. It offers online consultations for individuals seeking treatment for chronic diseases or general wellness improvement, providing herbal remedies and dietary recommendations based on traditional Chinese medicine principles. The platform facilitates patient evaluation by licensed doctors, post-treatment analysis, and health management services for corporate clients such as Baidu Inc., China Life Insurance, and Tencent Holdings Ltd.

YCloset

Series B in 2017
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

Egret Technology

Post in 2017
Beijing Egret Technology Ltd, founded in February 2014, is a leading provider of HTML5 mobile technology and services, dedicated to advancing the Mobile Internet industry. The company focuses on creating a comprehensive ecosystem for the HTML5 game industry, offering a range of solutions that include development tools, game development, game release, advertising, and developer training. With a strong emphasis on technological innovation, Egret Technology has developed several proprietary products, including the Egret Engine, Egret Runtime, Dragon Bones for skeleton animation, and Egret Wing, a visual integrated development environment. These tools are designed to facilitate easier and more efficient mobile game creation for developers, addressing underlying technical constraints and enhancing the overall gaming experience. With its robust technical foundation and industry expertise, Egret Technology is committed to fostering growth and development within the mobile gaming sector.

KongZhong

Funding Round in 2017
KongZhong Corporation is a digital entertainment service provider based in Beijing, specializing in the People's Republic of China and international markets. The company operates through three primary segments: Internet Games, Mobile Games, and Wireless Value-Added Services (WVAS). The Internet Games segment includes licensed titles like World of Tanks and Guild Wars 2, along with proprietary game development. The Mobile Games segment focuses on creating and publishing various genres, including action and role-playing games, for mobile users. The WVAS segment offers a range of interactive services, such as mobile games, karaoke, electronic books, and entertainment news, primarily distributed through telecommunication operators and other partners. Founded in 2002, KongZhong was originally named Communication Over The Air, Inc. before rebranding in 2004. The company has established itself as a significant player in the mobile gaming market.

Zmeng Network Technology (ZMT)

Series B in 2017
ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

iQIYI

Series G in 2017
iQIYI is a leading Chinese online entertainment service provider, offering a wide range of content including internet video, live broadcasting, online literature, animations, e-commerce, and social media platforms. It operates on a subscription-based model with additional revenue from ads, content distribution, gaming, and IP licensing. iQIYI competes directly with major players such as Tencent Video, Youku, MangoTV, and Bilibili.

MagMode

Series A in 2016
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.

EdiGene

Series A in 2016
EdiGene Inc. is a biotechnology company specializing in the development of genome editing technologies for therapeutic applications in cancer and various genetic diseases. Founded in 2015 and headquartered in Beijing, China, with additional offices in Guangzhou and Cambridge, Massachusetts, EdiGene focuses on both ex vivo and in vivo gene-editing therapies. The company has established proprietary platforms for editing hematopoietic stem cells and T cells, as well as an RNA base editing approach for in vivo applications. EdiGene's innovative methods enable targeted modifications of genetic information in human cells and facilitate high-throughput drug discovery through advanced screening techniques. By translating these technologies into novel therapeutics, EdiGene aims to improve the safety and efficacy of gene therapy, ultimately benefiting patients, the pharmaceutical industry, and the scientific research community.

Daling

Series C in 2016
Daling owns and operates mobile shopping application. The company is based in Beijing, China.

CastBox

Seed Round in 2016
Founded in 2016, CastBox operates a global spoken audio platform offering personalized recommendations for listeners of podcasts, on-demand radio, and audiobooks. Its application is accessible across mobile devices, desktops, and smart home devices, with offices in Beijing, Hong Kong, and San Francisco.

MagMode

Seed Round in 2016
MagMode is a men's fashion brand incubator. The company has opened three stores in Beijing, and plans to open more in other major cities in China. It also operates a mobile app featuring the latest international fashion trends and concepts. Initiated by editor-in-chief of the world’s top fashion magazine, fashion director, writer and artist, Magmode collaborates each season with fashion publishers, artists and designers from fashion’s origins including Europe and Japan in order to find and select the most promising designers of the season. Given proper consideration to subtle details, each collection is tailored to best fit Asian figures. By offering a cultural initiative to discuss possibilities of life, Magmode redefines fashion boutique through various means including workshops, photos, videos and publications, with absolute dedication to become an incubator and advocate for fashion and culture. Founded in 2015 by Cai Chongda, the company is headquartered in Minhang, Shanghai, China.

Xiaolu Clinic

Series A in 2016
Xiaolu Clinic is a Beijing-based business established in 2016, specializing in an online platform that connects traditional Chinese medicine practitioners with patients. It offers online consultations for individuals seeking treatment for chronic diseases or general wellness improvement, providing herbal remedies and dietary recommendations based on traditional Chinese medicine principles. The platform facilitates patient evaluation by licensed doctors, post-treatment analysis, and health management services for corporate clients such as Baidu Inc., China Life Insurance, and Tencent Holdings Ltd.

YCloset

Series A in 2016
YCloset was an online clothing rental platform based in Beijing, founded in 2015. The company offered a subscription service that allowed users to rent women's clothing and accessories for a monthly fee, with no additional charges for individual items. Operating in approximately 40 cities across China, including major urban centers like Beijing, Shanghai, Guangzhou, and Shenzhen, YCloset partnered with over a hundred fashion brands to provide a diverse selection of apparel. The platform was accessible via mobile applications, enabling users to keep pace with the latest fashion trends without the need to purchase new garments. However, YCloset announced the closure of its operations by August 15, 2021.

ZhongSou

Series A in 2016
Beijing Zhongsou Network Technology Corporation Limited is a Beijing-based company founded in 2002 that specializes in internet services, primarily focusing on search engine technology. It operates a mobile cloud service platform that enables users to conduct searches for a wide range of information. The company offers personalized internet services to a large user base while catering to the marketing needs of medium and small-sized enterprises. ZhongSou has established itself as a provider of search engine technology for major domestic portals such as Sina, TOM, and Netease, as well as for over a thousand websites within the China Search Alliance, spanning various regions and industries.

Huixiaoer

Series B in 2016
Huixiaoer is an online platform based in Beijing, China, that specializes in booking meeting venues. Founded in 2014 by Liang Yang, the company focuses on facilitating the reservation of hotels and conference venues for various events. Its platform is designed to streamline the process of organizing and managing social meetings, allowing clients to easily find and secure suitable locations for their gatherings. By offering a user-friendly interface and a range of venue options, Huixiaoer enhances the experience of event planning in China.

FXiaoKe

Series E in 2016
FXiaoKe is a Beijing-based company founded in December 2011 that specializes in developing a cloud-based sales management platform tailored for Chinese enterprises. The platform incorporates features of dynamic customer relationship management (CRM) and integrates seamlessly with enterprise WeChat, facilitating efficient collaboration among businesses, individuals, and systems. FXiaoKe’s software solutions support various management functions, including field operation management, distribution chain management, and customer relationship management, specifically targeting small and medium-sized enterprises. The platform is designed to enhance productivity by enabling users to manage sales through social interaction tools and offers online office automation services that facilitate information sharing between personal computers and smartphones. The company's focus encompasses a customer-centric approach with industry-specific strategies aimed at fostering growth in sectors such as high-tech, modern corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing.

Kingsoft Cloud

Series C in 2016
Kingsoft Cloud is a leading cloud services provider in China and a part of the Kingsoft Group. Established in 2012 and headquartered in Beijing, it delivers public cloud services across gaming, video, AI, e-commerce, education, and mobile internet, along with enterprise cloud offerings for financial services, public sector, and healthcare. The company also provides advertising placement services and AIoT solutions. Its product portfolio includes cloud servers, physical hosts, relational databases, object storage, load balancing, VPN, content delivery networks, cloud security, and cloud DNS, with industry-specific solutions for medical, government, finance, media, education, gaming, and vehicle sectors. Kingsoft Cloud operates data centers and offices in major Chinese cities and overseas to serve customers in North America and beyond. As an independent provider within the Kingsoft Group, it focuses on integrated cloud-based services, data storage and delivery, and building data analytics, networking, and security capabilities for its clients.

Mogoroom

Series B in 2015
Mogoroom currently operates in Shanghai and Beijing, providing standardized rental apartments to young professionals seeking more convenient living environment services.

Baifendian

Series D in 2015
Baifendian Information Technology Co., Ltd. is a Beijing-based company specializing in big data technology and application services. Founded in 2009, it provides a Software-as-a-Service platform that enables enterprises to effectively manage their data assets. The company offers a range of services, including big data management and integration solutions tailored for various sectors such as banking, insurance, manufacturing, retail, and government. Baifendian is also known for developing recommendation engines and comprehensive databases, particularly focusing on e-commerce optimization through tools like the Baifendian Recommendation Engine and Baifendian Analytics Engine. With strategic partnerships with major technology firms and collaboration with over 300 e-commerce sites, Baifendian plays a significant role in enhancing business intelligence and traffic conversion for its clients. The company has branch offices in several Chinese cities, including Shenzhen, Shenyang, Hangzhou, Shanghai, and Guangzhou.

Cassia Networks

Series A in 2015
Founded in 2014 by Felix Zhao, Cassia Networks is a wireless telecommunications company specializing in Bluetooth technology for local area networks. The company offers products such as the Cassia Hub Bluetooth router, smart plug, multi-color LED, personal safety sensor, and speaker. Notably, the Cassia Hub won Best of CES in 2016 for enabling long-distance remote control of up to 22 Bluetooth devices.

TechTemple Group

Series A in 2015
TechTemple Group is a Beijing-based company that operates coworking spaces and provides entrepreneurship support services for startups, including incubation, mentoring, and consulting. It offers working space and programs to assist early-stage ventures with development, resources, and growth.

FXiaoKe

Series D in 2015
FXiaoKe is a Beijing-based company founded in December 2011 that specializes in developing a cloud-based sales management platform tailored for Chinese enterprises. The platform incorporates features of dynamic customer relationship management (CRM) and integrates seamlessly with enterprise WeChat, facilitating efficient collaboration among businesses, individuals, and systems. FXiaoKe’s software solutions support various management functions, including field operation management, distribution chain management, and customer relationship management, specifically targeting small and medium-sized enterprises. The platform is designed to enhance productivity by enabling users to manage sales through social interaction tools and offers online office automation services that facilitate information sharing between personal computers and smartphones. The company's focus encompasses a customer-centric approach with industry-specific strategies aimed at fostering growth in sectors such as high-tech, modern corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing.

Shunshun Education

Series A in 2015
Beijing Shunshunbida Information Consulting is providing professional counseling services to students who desire to study abroad through its online-to-offline platform.

Kingsoft Cloud

Series B in 2015
Kingsoft Cloud is a leading cloud services provider in China and a part of the Kingsoft Group. Established in 2012 and headquartered in Beijing, it delivers public cloud services across gaming, video, AI, e-commerce, education, and mobile internet, along with enterprise cloud offerings for financial services, public sector, and healthcare. The company also provides advertising placement services and AIoT solutions. Its product portfolio includes cloud servers, physical hosts, relational databases, object storage, load balancing, VPN, content delivery networks, cloud security, and cloud DNS, with industry-specific solutions for medical, government, finance, media, education, gaming, and vehicle sectors. Kingsoft Cloud operates data centers and offices in major Chinese cities and overseas to serve customers in North America and beyond. As an independent provider within the Kingsoft Group, it focuses on integrated cloud-based services, data storage and delivery, and building data analytics, networking, and security capabilities for its clients.

Yuantiku

Series D in 2015
Yuantiku is a Chinese online education product launched by Beijing Fenbi Lantian Technology Company Ltd. Yuantiku has launched material for the National College Entrance Exam, administrative aptitude tests, essay tests for civil servants, entrance exams for postgraduates, first-level constructor exams, law counselor of enterprises exams, junior accountant exams, securities qualification exams, and more. Yuantiku is an exercise database that provides authoritative contents of previous years' examinations for students. Based on the knowledge level of students, it can also provide tailored exercises to improve their efficiency. It offers computer-based exercises as well as smartphone-based exercises.

Beijing Helijia Information Technology

Series C in 2015
Beijing Helijia Information Technology Co., Ltd. is a Chinese startup specializing in beauty, hair, and nail services. Founded in 2014 and based in Beijing, the company operates a mobile application that allows customers to conveniently book a variety of personal care services, including hairdressing, manicures, eyelash extensions, and body shaping. The platform connects users with service providers, enabling them to choose from various service combinations based on their location. By eliminating traditional overhead costs associated with physical salons, Helijia can offer competitive pricing. The application employs a merit-based rating system for service providers, enhancing accountability and quality. Additionally, Helijia offers a range of skincare products, particularly those featuring hyaluronic acid, aimed at moisturizing and anti-aging.

Cassia Networks

Angel Round in 2015
Founded in 2014 by Felix Zhao, Cassia Networks is a wireless telecommunications company specializing in Bluetooth technology for local area networks. The company offers products such as the Cassia Hub Bluetooth router, smart plug, multi-color LED, personal safety sensor, and speaker. Notably, the Cassia Hub won Best of CES in 2016 for enabling long-distance remote control of up to 22 Bluetooth devices.

FXiaoKe

Series C in 2014
FXiaoKe is a Beijing-based company founded in December 2011 that specializes in developing a cloud-based sales management platform tailored for Chinese enterprises. The platform incorporates features of dynamic customer relationship management (CRM) and integrates seamlessly with enterprise WeChat, facilitating efficient collaboration among businesses, individuals, and systems. FXiaoKe’s software solutions support various management functions, including field operation management, distribution chain management, and customer relationship management, specifically targeting small and medium-sized enterprises. The platform is designed to enhance productivity by enabling users to manage sales through social interaction tools and offers online office automation services that facilitate information sharing between personal computers and smartphones. The company's focus encompasses a customer-centric approach with industry-specific strategies aimed at fostering growth in sectors such as high-tech, modern corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing.

Mogoroom

Series A in 2014
Mogoroom currently operates in Shanghai and Beijing, providing standardized rental apartments to young professionals seeking more convenient living environment services.

Daling

Series B in 2014
Daling owns and operates mobile shopping application. The company is based in Beijing, China.

Guazi Car Rental

Series B in 2014
Guazi Car Rental is a Beijing-based P2P (peer to peer) car sharing platform. The platform allows private car owners to rent their vehicles to customers, in a model similar to the home sharing services provided by Airbnb.com. START was rebranded as Guazi Car Rental. Guazi Car Rental is operated in China.

ITjuzi

Series A in 2014
ITjuzi is a Chinese company established in 2013, headquartered in Zhongguancun, Beijing. It operates an online platform offering comprehensive data on companies and business information. The company's core service involves maintaining a structured database focused on startup and investment intelligence, facilitating access to global M&A, private equity, and venture capital deals for its clients.

Beijing Helijia Information Technology

Series B in 2014
Beijing Helijia Information Technology Co., Ltd. is a Chinese startup specializing in beauty, hair, and nail services. Founded in 2014 and based in Beijing, the company operates a mobile application that allows customers to conveniently book a variety of personal care services, including hairdressing, manicures, eyelash extensions, and body shaping. The platform connects users with service providers, enabling them to choose from various service combinations based on their location. By eliminating traditional overhead costs associated with physical salons, Helijia can offer competitive pricing. The application employs a merit-based rating system for service providers, enhancing accountability and quality. Additionally, Helijia offers a range of skincare products, particularly those featuring hyaluronic acid, aimed at moisturizing and anti-aging.

Huixiaoer

Series A in 2014
Huixiaoer is an online platform based in Beijing, China, that specializes in booking meeting venues. Founded in 2014 by Liang Yang, the company focuses on facilitating the reservation of hotels and conference venues for various events. Its platform is designed to streamline the process of organizing and managing social meetings, allowing clients to easily find and secure suitable locations for their gatherings. By offering a user-friendly interface and a range of venue options, Huixiaoer enhances the experience of event planning in China.

Funiutang

Angel Round in 2014
Baman Beef Powder, formerly known as Funiutang or F.N.T, is an online-to-offline brand that focuses on Hunan beef noodles and instant beef powder. The company markets its products through online channels while also running restaurants in Beijing, providing customers with both packaged goods and dining experiences.

SenseTime

Series A in 2014
Founded in 2014, SenseTime specializes in artificial intelligence technologies, focusing on computer vision and deep learning. It offers a range of AI solutions including face and body analysis, image recognition, video comprehension, SLAM and 3D Vision, robot sensing, autonomous driving, medical image analysis, and AI supercomputing platforms. Serving sectors such as smart city, mobile, entertainment, automobile, health, business, education, and advertising worldwide, SenseTime operates offices in major cities across Asia.

Shunshun Education

Angel Round in 2014
Beijing Shunshunbida Information Consulting is providing professional counseling services to students who desire to study abroad through its online-to-offline platform.

Beijing Helijia Information Technology

Series A in 2014
Beijing Helijia Information Technology Co., Ltd. is a Chinese startup specializing in beauty, hair, and nail services. Founded in 2014 and based in Beijing, the company operates a mobile application that allows customers to conveniently book a variety of personal care services, including hairdressing, manicures, eyelash extensions, and body shaping. The platform connects users with service providers, enabling them to choose from various service combinations based on their location. By eliminating traditional overhead costs associated with physical salons, Helijia can offer competitive pricing. The application employs a merit-based rating system for service providers, enhancing accountability and quality. Additionally, Helijia offers a range of skincare products, particularly those featuring hyaluronic acid, aimed at moisturizing and anti-aging.

Secoo

Series D in 2014
Secoo is a luxury products and services platform based in China, facilitating global trade between buyers and suppliers through both online and offline channels. The company operates an online retail platform and experience centers in key cities such as Beijing, Shanghai, Chengdu, and others, as well as in Malaysia. Secoo collaborates with renowned brand boutiques, allowing customers to pick up products ordered online at physical locations. The majority of its revenue is derived from its online business, with a significant focus on the Chinese market. Established in 2011, Secoo has built a substantial membership base of 500,000, including over 20,000 VIP members. The company aims to enhance its presence by establishing exhibition centers in major cities, further solidifying its position in the luxury retail sector.

FXiaoKe

Series B in 2014
FXiaoKe is a Beijing-based company founded in December 2011 that specializes in developing a cloud-based sales management platform tailored for Chinese enterprises. The platform incorporates features of dynamic customer relationship management (CRM) and integrates seamlessly with enterprise WeChat, facilitating efficient collaboration among businesses, individuals, and systems. FXiaoKe’s software solutions support various management functions, including field operation management, distribution chain management, and customer relationship management, specifically targeting small and medium-sized enterprises. The platform is designed to enhance productivity by enabling users to manage sales through social interaction tools and offers online office automation services that facilitate information sharing between personal computers and smartphones. The company's focus encompasses a customer-centric approach with industry-specific strategies aimed at fostering growth in sectors such as high-tech, modern corporate services, fast-moving consumer goods, agriculture, and large-scale manufacturing.

Landscape Mobile

Seed Round in 2014
Landscape Mobile is a developer of mobile tools that harness the intuitive power of images and improve mobile productivity. Co-Founder and CEO, Yue Zhuge was previously head of product for Yahoo Beijing's global R&D center and data architect at Yahoo US as well as principal group program manager at Microsoft. An expert in big data and data mining, she earned a MS and PhD from the computer science dept at Stanford. Landscape Mobile launched Ivy Gallery in November 2013, an app that aggregates online cloud photographs for Android and iOS. Co-Founder, Tian Bai was founder and CEO of photo editing platform, FHCY and is a former program manager at Microsoft experienced in machine learning and large-scale web services. The company is based in San Francisco and Beijing.

ZCOOL

Series A in 2014
ZCOOL is a Beijing-based online community platform founded in August 2006 that enables designers to share and showcase their work. The platform caters to over four million users, with approximately 20,000 new design submissions daily, fostering a vibrant creative environment. ZCOOL facilitates potential commercial opportunities for its members by partnering with image firm Shutterstock to enhance its image database services. The company aims to expand its community, enhance content offerings, and provide additional services, such as training courses and job matching, to further support its members in their professional development.

Guazi Car Rental

Series A in 2014
Guazi Car Rental is a Beijing-based P2P (peer to peer) car sharing platform. The platform allows private car owners to rent their vehicles to customers, in a model similar to the home sharing services provided by Airbnb.com. START was rebranded as Guazi Car Rental. Guazi Car Rental is operated in China.

Roseonly

Series B in 2014
Roseonly specializes in the sale of high-quality roses and related products, operating both online and through outlets in major Chinese cities. Established in 2013, the company offers a unique service allowing customers to send roses to a single recipient, with their name recorded on the platform.

Mizhe.com

Series B in 2014
Mizhe.com is an e-commerce platform established in 2011 and headquartered in Hangzhou, China. The website specializes in providing discounts to shoppers across various Chinese e-commerce sites, collaborating with over 600 online retailers, including notable names like Tmall and Dangdang. Mizhe.com offers a user-friendly shopping guide that directs customers through referral links to popular platforms such as Taobao and Amazon China. Shoppers can access discounts of up to 50 percent on their purchases and discover additional coupons through Miquan.com, which is comparable to Groupon in China. With millions of registered users and hundreds of thousands of daily active shoppers, Mizhe.com has claimed sales exceeding 100 million RMB. The company received an investment of over $1.6 million from IDG Capital Partners during its Series A funding round in 2012.

Beijing Helijia Information Technology

Angel Round in 2014
Beijing Helijia Information Technology Co., Ltd. is a Chinese startup specializing in beauty, hair, and nail services. Founded in 2014 and based in Beijing, the company operates a mobile application that allows customers to conveniently book a variety of personal care services, including hairdressing, manicures, eyelash extensions, and body shaping. The platform connects users with service providers, enabling them to choose from various service combinations based on their location. By eliminating traditional overhead costs associated with physical salons, Helijia can offer competitive pricing. The application employs a merit-based rating system for service providers, enhancing accountability and quality. Additionally, Helijia offers a range of skincare products, particularly those featuring hyaluronic acid, aimed at moisturizing and anti-aging.

VANCL

Series G in 2014
VANCL is a Chinese retail company founded in 2007 by Chen Nian, headquartered in Beijing. It specializes in online sales of modern apparel, accessories, footwear, luggage, and textiles at competitive prices. The company offers a diverse range of products, including men's shirts, women's and children's clothing, T-shirts, trousers, dresses, shoes, and various accessories such as bags, belts, and sunglasses. In addition to its online platform, VANCL also operates physical stores, providing customers with multiple shopping options. The company's focus on quality and affordability has positioned it as a prominent player in the Chinese retail market.

Mogoroom

Series A in 2014
Mogoroom currently operates in Shanghai and Beijing, providing standardized rental apartments to young professionals seeking more convenient living environment services.

Daling

Series A in 2014
Daling owns and operates mobile shopping application. The company is based in Beijing, China.

Secoo

Series C in 2013
Secoo is a luxury products and services platform based in China, facilitating global trade between buyers and suppliers through both online and offline channels. The company operates an online retail platform and experience centers in key cities such as Beijing, Shanghai, Chengdu, and others, as well as in Malaysia. Secoo collaborates with renowned brand boutiques, allowing customers to pick up products ordered online at physical locations. The majority of its revenue is derived from its online business, with a significant focus on the Chinese market. Established in 2011, Secoo has built a substantial membership base of 500,000, including over 20,000 VIP members. The company aims to enhance its presence by establishing exhibition centers in major cities, further solidifying its position in the luxury retail sector.

Baifendian

Series B in 2013
Baifendian Information Technology Co., Ltd. is a Beijing-based company specializing in big data technology and application services. Founded in 2009, it provides a Software-as-a-Service platform that enables enterprises to effectively manage their data assets. The company offers a range of services, including big data management and integration solutions tailored for various sectors such as banking, insurance, manufacturing, retail, and government. Baifendian is also known for developing recommendation engines and comprehensive databases, particularly focusing on e-commerce optimization through tools like the Baifendian Recommendation Engine and Baifendian Analytics Engine. With strategic partnerships with major technology firms and collaboration with over 300 e-commerce sites, Baifendian plays a significant role in enhancing business intelligence and traffic conversion for its clients. The company has branch offices in several Chinese cities, including Shenzhen, Shenyang, Hangzhou, Shanghai, and Guangzhou.
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