Xiaohui Cao

Partner

Cui Guangfu

Partner

Ning Kang

Managing Director

Jianguang Li

Venture Partner

Xiaojun Li

Partner

Meng Lian

VP

Yikun Liu

Partner

Michelle Ma

Partner

Kuiguang Niu

Partner

Chen Tong

Partner

Antony Yung

Partner

Jianbin Zhang

Venture Partner

Suyang Zhang

Managing Partner

Haitao Zhang

Managing Director

Zhiyong Zhen

Principal

Quan Zhou

General Partner

Jian Zhu

Venture Partner

Fei Yang

Director of IPO Division

Past deals in Semiconductor

SemiGraph

Angel Round in 2025
SemiGraph focuses on the research, development, and implementation of "3D intelligent interaction + ultimate aesthetics."

YHMICROS

Series B in 2024
YHMICROS manufactures and develops electronic power microchips. It is based in Shanghai, China.

Shiyu Precision

Series C in 2023
Shiyu Precision is a high-tech enterprise specializing in the research, development and manufacture of semiconductor automation equipment.

Shiyu Precision

Venture Round in 2022
Shiyu Precision is a high-tech enterprise specializing in the research, development and manufacture of semiconductor automation equipment.

Qinghai Lihao

Series B in 2022
Qinghai Lihao specializes in the research, development, production, and sales of crystalline silicon, particularly for use in semiconductor materials. The company is dedicated to mass production of high-purity crystalline silicon, which supports the renewable energy sector and meets the demands of clients in the semiconductor industry. By focusing on process technology, Qinghai Lihao aims to advance its capabilities in the new energy business while ensuring the availability of essential materials for various applications.

Singerno Microelectronics

Series A in 2022
Singerno Microelectronics is a digital-analog mixed-signal chip design company. They provide more green, energy-saving, system architecture design, digital and analog design, digital-analog hybrid verification, back-end design, and automatic testing services. Additionally, Singerno Microelectronics launched the industry's first integrated brushless DC motor control and driver chip, the XM2618, which enables continuously variable speed regulation and DC frequency conversion without requiring programming.

Hejian

Seed Round in 2022
Hejian Industrial Software is a high-performance industrial software and solution provider. With EDA (Electronic Design Automation) as the first breakthrough direction, it is committed to helping semiconductor chip companies solve the severe challenges they face in the process of innovation and development. Challenges and key issues.

EPiCMEMS

Series A in 2022
EPiCMEMS, a local chip company based in Xiamen, specializes in the development of RF front-end solutions, focusing on 4G+ and 5G RF filters and chips. The company aims to advance the domestic chip industry by producing high-speed, high-quality 5G chips tailored for mobile devices and the Internet of Things (IoT). With operational facilities in Xiamen and Zhangjiang, along with sales and customer support centers in Shenzhen, Xi'an, and Beijing, EPiCMEMS is committed to enhancing connectivity and stability for users across the mobile and IoT sectors.

Yunmai Xinlian

Seed Round in 2022
Yunmai Xinlian creates network interconnection chips for large-scale data centers and cloud computing infrastructure, helping users build high-performance network infrastructure with end-network integration to meet the technical challenges of entering the era of digitalization and intelligence.

Liyang Semiconductor

Series A in 2022
Liyang Semiconductor is an IDM company that specializes in power semiconductor design and manufacturing. Its technology and products include protection device, thyristor, rectifier, and others. It has maintained a domestic leadership position in many technical fields, including multi-layer lamination technology, high junction temperature and low leakage current technology, multi-layer passivation technology, super anti-interference thyristor technology, and others. Simultaneously, it provides customers with targeted chip product design and systematic application solutions by leveraging the company's accumulation of many core technical personnel in the fields of design and manufacturing.

Guoyi Quantum

Series C in 2021
Guoyi Quantum is a company that uses quantum precision measurement as its core technology to provide enterprises, governments, and research institutions around the world with core key devices represented by enhanced quantum sensors, scientific instruments and equipment for analysis and testing, and enable industry applications. Products and services such as core technology solutions. The company faces the fields of advanced materials, semiconductors, quantum science, life technology, medicine and clinical research, and is committed to helping customers promote the development of technology more efficiently and explore the future of mankind.

Qinghai Lihao

Series A in 2021
Qinghai Lihao specializes in the research, development, production, and sales of crystalline silicon, particularly for use in semiconductor materials. The company is dedicated to mass production of high-purity crystalline silicon, which supports the renewable energy sector and meets the demands of clients in the semiconductor industry. By focusing on process technology, Qinghai Lihao aims to advance its capabilities in the new energy business while ensuring the availability of essential materials for various applications.

ESWIN Computing

Series C in 2021
ESWIN Computing specializes in the research and development of RISC-V computing architecture, focusing on the design and testing of integrated circuits for Internet of Things (IoT) applications. The company develops chips used in display devices and wearable technology, providing comprehensive solutions in areas such as artificial intelligence, human-computer interaction, and the Internet of Vehicles. By combining innovative design with advanced materials, ESWIN Computing aims to enhance user experiences across various digital platforms.

YHMICROS

Series A in 2021
YHMICROS manufactures and develops electronic power microchips. It is based in Shanghai, China.

Biren Technology

Series B in 2021
Biren Technology is a high-tech startup specializing in the design and development of intelligent processors for GPU and DSA computation architectures. The company offers a range of integrated software and hardware solutions aimed at enhancing intelligent computing capabilities, with applications in cloud computing, artificial intelligence training, graphics rendering, and high-performance general-purpose computing. Their hardware department focuses on creating versatile and specific computing solutions, while the software division is led by experienced professionals and engineers. Additionally, their research institute is dedicated to advancing new intelligent computing system technologies, particularly in innovative architectures and advanced compilation techniques. Through these efforts, Biren Technology aims to enable customers to utilize domestic chip solutions and achieve significant technological advancements across various high-tech sectors.

Kunlun

Venture Round in 2021
Kunlun is an artificial intelligence chip designer and manufacturer.

EPiCMEMS

Series A in 2021
EPiCMEMS, a local chip company based in Xiamen, specializes in the development of RF front-end solutions, focusing on 4G+ and 5G RF filters and chips. The company aims to advance the domestic chip industry by producing high-speed, high-quality 5G chips tailored for mobile devices and the Internet of Things (IoT). With operational facilities in Xiamen and Zhangjiang, along with sales and customer support centers in Shenzhen, Xi'an, and Beijing, EPiCMEMS is committed to enhancing connectivity and stability for users across the mobile and IoT sectors.

Biren Technology

Series B in 2020
Biren Technology is a high-tech startup specializing in the design and development of intelligent processors for GPU and DSA computation architectures. The company offers a range of integrated software and hardware solutions aimed at enhancing intelligent computing capabilities, with applications in cloud computing, artificial intelligence training, graphics rendering, and high-performance general-purpose computing. Their hardware department focuses on creating versatile and specific computing solutions, while the software division is led by experienced professionals and engineers. Additionally, their research institute is dedicated to advancing new intelligent computing system technologies, particularly in innovative architectures and advanced compilation techniques. Through these efforts, Biren Technology aims to enable customers to utilize domestic chip solutions and achieve significant technological advancements across various high-tech sectors.

Biren Technology

Series A in 2020
Biren Technology is a high-tech startup specializing in the design and development of intelligent processors for GPU and DSA computation architectures. The company offers a range of integrated software and hardware solutions aimed at enhancing intelligent computing capabilities, with applications in cloud computing, artificial intelligence training, graphics rendering, and high-performance general-purpose computing. Their hardware department focuses on creating versatile and specific computing solutions, while the software division is led by experienced professionals and engineers. Additionally, their research institute is dedicated to advancing new intelligent computing system technologies, particularly in innovative architectures and advanced compilation techniques. Through these efforts, Biren Technology aims to enable customers to utilize domestic chip solutions and achieve significant technological advancements across various high-tech sectors.

ESWIN Computing

Series B in 2020
ESWIN Computing specializes in the research and development of RISC-V computing architecture, focusing on the design and testing of integrated circuits for Internet of Things (IoT) applications. The company develops chips used in display devices and wearable technology, providing comprehensive solutions in areas such as artificial intelligence, human-computer interaction, and the Internet of Vehicles. By combining innovative design with advanced materials, ESWIN Computing aims to enhance user experiences across various digital platforms.

ASR Microelectronics

Series B in 2018
ASR Microelectronics (Shanghai) Co., Ltd. specializes in the research, development, and manufacturing of semiconductors for mobile intelligent communication terminals and consumer electronics. Founded in 2015 and headquartered in Shanghai Zhangjiang Hi-Tech Park, the company produces a range of products including smartphones, modems, and integrated system-on-chip (SoC) solutions. ASR's offerings support various communication standards, including 2G, 3G, and 4G technologies, and encompass applications in the Internet of Things and navigation systems. The company has established a dedicated research and development team in both the United States and South Korea, focusing on platform development and technical support. In 2017, ASR expanded its capabilities through the acquisition of Marvell's Mobile Business Unit, enhancing its position in the market as a leading baseband provider in China. Major investors include several venture capital firms, highlighting ASR's strong financial backing and commitment to technological innovation in wireless communication chips.

XPECT Vision

Series B in 2018
Xpect Vision, founded in 2015, is a high-tech company specializing in the development of innovative medical imaging technologies. The company focuses on photon-counting X-ray imaging and is advancing the field with the creation of high-speed, high-definition imaging chips. Xpect Vision manufactures imaging chips that utilize digital X-ray imaging technology and CMOS X-ray detection methods, which are designed to enhance medical detection services. These products aim to improve the accuracy of cancer diagnoses, enabling physicians to deliver more efficient and effective healthcare solutions. Through its commitment to disruptive technology development, Xpect Vision is positioning itself as a leader in the future of imaging technology.

XPECT Vision

Series A in 2016
Xpect Vision, founded in 2015, is a high-tech company specializing in the development of innovative medical imaging technologies. The company focuses on photon-counting X-ray imaging and is advancing the field with the creation of high-speed, high-definition imaging chips. Xpect Vision manufactures imaging chips that utilize digital X-ray imaging technology and CMOS X-ray detection methods, which are designed to enhance medical detection services. These products aim to improve the accuracy of cancer diagnoses, enabling physicians to deliver more efficient and effective healthcare solutions. Through its commitment to disruptive technology development, Xpect Vision is positioning itself as a leader in the future of imaging technology.

Vango Technologies

Series A in 2014
Vango Technologies is a fabless semiconductor company specializing in solutions for the smart grid market. The company designs and manufactures a range of microchips, including system-on-chip (SoC), microcontroller (MCU), and analog front-end (AFE) chips. These products are utilized in smart meters and other Internet of Things (IoT) devices, providing tailored solutions for the energy sector. Vango Technologies also offers auxiliary chips and comprehensive smart meter solutions, contributing to the advancement of smart grid technology.

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.

EPiCMEMS

Series A in 2011
EPiCMEMS, a local chip company based in Xiamen, specializes in the development of RF front-end solutions, focusing on 4G+ and 5G RF filters and chips. The company aims to advance the domestic chip industry by producing high-speed, high-quality 5G chips tailored for mobile devices and the Internet of Things (IoT). With operational facilities in Xiamen and Zhangjiang, along with sales and customer support centers in Shenzhen, Xi'an, and Beijing, EPiCMEMS is committed to enhancing connectivity and stability for users across the mobile and IoT sectors.

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.

HC SemiTek

Series A in 2010
HC Semitek Corporation is a prominent semiconductor technology company based in China, specializing in the development, production, and sales of LED epitaxial wafers and chips. With over a decade of growth, HC Semitek has established itself as the second largest provider of LED chips globally, particularly excelling in the market for display technologies. The company's key offerings include blue and green light LED chips designed for displays, as well as blue light LED chips utilized for white light generation. Through its advanced semiconductor solutions, HC Semitek plays a significant role in the LED industry, catering to a diverse range of applications.

HC SemiTek

Seed Round in 2008
HC Semitek Corporation is a prominent semiconductor technology company based in China, specializing in the development, production, and sales of LED epitaxial wafers and chips. With over a decade of growth, HC Semitek has established itself as the second largest provider of LED chips globally, particularly excelling in the market for display technologies. The company's key offerings include blue and green light LED chips designed for displays, as well as blue light LED chips utilized for white light generation. Through its advanced semiconductor solutions, HC Semitek plays a significant role in the LED industry, catering to a diverse range of applications.

Quintic

Series B in 2008
Quintic (Beijing) Microelectronics Co., Ltd. is a Chinese chip design company focused on providing consumers with low power consumption and cost-effective wireless access solutions. Quintic was established on September 29, 2006. Its core design and architecture engineers come from leading global companies with technical expertise covering WLAN, Bluetooth, WiMax, mobile TV, ultra wideband, and other communications standards. Since early 2007, Quintic started the development of the FM production line, and incorporated high-performance FM transmitter chips in the field of personal wireless audio connectivity applications.

Analogix Semiconductor

Series B in 2007
Analogix Semiconductor, Inc. specializes in designing and manufacturing high-performance analog and mixed-signal semiconductor devices tailored for the digital multimedia and communications markets. The company offers a range of products including SlimPort devices, timing controllers, mobile display converters, accessory display converter chips, and display controllers. These products enhance the capabilities of portable devices such as smartphones, tablets, laptops, and televisions, enabling them to deliver high-quality video, audio, and data to high-definition displays. Notably, the SlimPort ANX7688 allows for impressive video resolutions, supporting 4K video at 60 frames per second and full HD at 120 frames per second. Established in 2002, Analogix is headquartered in Santa Clara, California, with additional offices in Beijing and Shenzhen, China, as well as locations in Taiwan, South Korea, and Japan.

RDA Microelectronics

Series B in 2007
RDA Microelectronics Co., Ltd. is focused on the design, development, fabrication, and marketing of radio frequency ICs. It also provides related technology consultations and services. RDA Microelectronics owns an advanced testing laboratory and research and development platform for improvement in areas such as digital and analogous circuits, radio-frequency systems, power amplifiers, signal processing, and more. It claims ownership to more than 20 international advanced invention patents or core technologies with independent intellectual property rights in China. The company continues launches creative integrated circuit products in the fields of wireless communication, consumer electronics, and more.

Amlogic

Series A in 2006
Amlogic is a semiconductor company focused on developing SoC chips for intelligent home appliances and electronic products. Established in 1995, Amlogic focuses on the fields of video, audio, and image processing. It mainly deals in digital photo frame, TV multimedia decoders and readers, home media centers, set-top boxes, and MID chips. SONY is one of Jing Chen's most important digital photo frame clients. In addition, Amlogic has built a multi-core processor and 3D graphics' processing techniques within the industry by combining its exclusive processing technical patent of audio and video with the processing engines of system IP and HD multimedia.

Wiscomm Microsystems

Series A in 2006
Wiscomm Microsystems Ltd. is a company based in Shanghai, China, specializing in the design of advanced wireless technology components. The firm focuses on creating innovative solutions that enhance communication and connectivity, catering to various applications in the wireless technology sector. By leveraging cutting-edge design and engineering practices, Wiscomm Microsystems aims to meet the growing demands for efficient and reliable wireless components in an increasingly connected world.

Fangtek

Series C in 2006
Shanghai Fangtek Electronics Co., Ltd. is an integrated circuit design company that specializes in the development and marketing of analog and mixed-signal power management integrated circuits. Founded in 2003 and based in Shanghai, with an additional office in Shenzhen, Fangtek's product offerings include audio power amplifiers, LED drivers, SIM card controllers, analog switches, reset integrated circuits, charger protection products, and voltage regulators. These products cater to various applications in communications, computing, and consumer electronics, including mobile phones, audio devices, and lighting systems. Fangtek is committed to delivering innovative and cost-effective solutions, leveraging its expertise in power device technologies and mixed-signal design to serve industries focused on voice, light, and electrical management.

Analogix Semiconductor

Series B in 2005
Analogix Semiconductor, Inc. specializes in designing and manufacturing high-performance analog and mixed-signal semiconductor devices tailored for the digital multimedia and communications markets. The company offers a range of products including SlimPort devices, timing controllers, mobile display converters, accessory display converter chips, and display controllers. These products enhance the capabilities of portable devices such as smartphones, tablets, laptops, and televisions, enabling them to deliver high-quality video, audio, and data to high-definition displays. Notably, the SlimPort ANX7688 allows for impressive video resolutions, supporting 4K video at 60 frames per second and full HD at 120 frames per second. Established in 2002, Analogix is headquartered in Santa Clara, California, with additional offices in Beijing and Shenzhen, China, as well as locations in Taiwan, South Korea, and Japan.

Sunsea

Series A in 2003
Shenzhen Sunsea Communication Technology Co., Ltd. is a high-tech enterprise that focuses on the research, development, production, and sales of ICT infrastructure equipment. Founded in 1994, the company provides a range of services, including design, engineering, and maintenance for the ICT industry. Sunsea specializes in connectivity solutions, site solutions, data center solutions, and professional services, serving domestic and international operators, ICT equipment manufacturers, and network integrators. Additionally, under the name Sunsea AIoT Technology Co., Ltd., the company offers end-to-end Internet of Things (IoT) products and services, catering to telecom operators, system integrators, and enterprise customers. Sunsea's product portfolio includes IoT terminals, cloud platforms, and multi-industry solutions, supported by research and development centers in key Chinese cities and sales outlets across several countries, including Sweden, Italy, and Thailand.

QQTechnology

Venture Round in 2001
Changxun Technology is a provider of intelligent IP network optimization, in-depth network security, and high speed integrated circuit design resolution solutions. The company synchronizes with a new generation of application development in network communications and regards personalized service as its core and business support as its orientation. Changxun Technology has over 100 employees, with 70% of them engaged in research and development work in underlying technologies. The company is focused on the feature recognition algorithm of the internet application protocol; fingerprint-search matching algorithm of internet applications, application structure SOC design of programmable integrated circuits; and system structure design and performance optimization. These are all based on high-speed all-connect interactive system design and performance optimization, programmable high-speed application interface customization and API design, and DPI technology application area. Established in 2001, Changxun Technology is headquartered in Beijing. There are more than 100 employees in this company now, and over 70% of them engage in research and development work of underlying technology.
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