Joy Capital

Joy Capital is a venture capital firm founded in 2011 that specializes in investing in early and growth-stage startups, primarily within the technology, media, telecommunications, and innovative consumption sectors. The firm is dedicated to partnering with entrepreneurs, providing support and guidance during critical phases of a startup's development. Joy Capital's founding partners bring extensive experience as both investors and operational executives, having a track record across Europe, North America, and Asia, particularly in mobile and communications industries. The firm has successfully invested in over 80 startups, with more than 10 of its portfolio companies achieving unicorn status.

Xiao Li

Founding Partner

Kevin Li

Founding Partner

Leenong Li

Partner

Erhai Liu

Founding and Managing Partner

Graham O'Keeffe

Managing Partner

99 past transactions

UniUni

Series C in 2024
UniUni is a developer of a B2B delivery services platform focused on enhancing shipping solutions for e-commerce and logistics clients. The company utilizes advanced technology to automate package sorting and streamline the delivery process, ensuring that businesses can efficiently send parcels directly to consumers' doors. By offering a reliable and cost-effective last-mile delivery service, UniUni supports the growth of e-commerce enterprises in North America, enabling them to thrive in a competitive market.

Hyde Hydrogen Energy

Venture Round in 2024
Hyde Hydrogen Energy is a green hydrogen industry company, focusing on carbon neutrality, providing advanced products and digital platform services for global new energy applications.

Lemmo

Seed Round in 2024
LEMO is a manufacturer and supplier of e-bikes. They are available for purchase as an e-bike or as a traditional bicycle. Their singular design is made possible by employing two separate aspects of production. It provides integrated e-parts for bikes, including the battery, motor controller, IoT device, and USB-A and USB-C charging ports.

Kuafu

Series B in 2024
Kuafu is a restaurant that serves fried skewers and drinks. They offer fried meat, soy products, fresh vegetables, and seafood products, including the slap chicken chop, stinky tofu, tender chicken skewers, and watermill rice cake. Kuafu has become an influential brand in the catering industry by relying on the business model of small stores, large chains, and full supply.

Yuan Planet

Series B in 2023
Yuan Planet is an e-commerce platform that provides second- hand auto parts.

Legend Energy

Series B in 2023
Legend Energy provides clean, low-carbon, safe, and efficient smart energy storage products and solutions.

Qidi Technology

Angel Round in 2022
Qidi Technology is a high-tech enterprise that is early in researching, developing, and marketing 3D printers.

Qidi

Angel Round in 2022
The foundation of digital industries such as 5G, artificial intelligence, and big data has rapidly evolved, as have the underlying technologies for smart glasses such as displays, interaction, algorithms, and computing power.

Baiying Bio

Series B in 2022
Baiying Bio offers economic recombinant protein and antibody reagents and is a CRO vendor for life science researchers and biopharma companies. They provide services including HTP recombinant antibody and VHH production, bispecific antibody production, antibody humanization, VHH library generation, hybridoma sequencing, protein expression in mammalian cells, large-scale antibody production, and more. They delivered tens of thousands of recombinant antibodies to customers.

Ehomepoct

Series C in 2022
Ehomepoct is a healthcare management company based in Changsha, China, specializing in the manufacture of diagnostic test kits. The company produces a range of products, including pregnancy tests, inflammation tests, and menstrual period tests, as well as early embryo testing. Ehomepoct also focuses on integrating artificial intelligence into medical treatment applications, enhancing rapid diagnosis and health management services.

Uxin

Post in 2022
Uxin operates a used car e-commerce platform in China through its subsidiaries. It operates Uxin Used Car, an application that provides consumers with customized car recommendation, financing, title transfer, delivery, insurance referral, warranty and other related services, and Uxin Auction, an application that helps business buyers to source vehicles through online auctions. Uxin facilitates used car transaction services and financing solutions offered by third-party financing partners to buyers for their used car purchases. Dai Kun founded it in September 2011, with its headquarters in Beijing in China.

Yuan Planet

Series B in 2022
Yuan Planet is an e-commerce platform that provides second- hand auto parts.

Newlinks Technology

Series E in 2022
Newlink Group is a provider of technology platforms and tech-enabled services to the energy value chain, principally serving gas and EV charging stations. The Company's broad offering of digital solutions include targeted online marketing tools, cloud-based SaaS systems and supply chain solutions that help merchants drive incremental sales, reduce cost, manage operations and grow profits. The company aims to improve the efficiencies across the value chain and transform the multi-trillion energy industry in the backdrop of China's policy commitment to achieving a carbon-neutral and environmentally friendly society.

Starfield Food Science Technology

Series B in 2022
Starfield Food Science Technology is a Shenzhen-based company focused on producing plant-based meat products. Established in 2019, it operates its own research and development and manufacturing facilities to create innovative alternatives to traditional meat, utilizing plant proteins. The company is committed to delivering safe, healthy, and environmentally friendly food options while striving to address issues like famine and sustainability. Starfield aims to develop artificial meat products that closely resemble their animal-based counterparts, thereby enhancing consumer acceptance and promoting a transition towards more sustainable dietary choices. Its products are available through various retail outlets and online platforms.

Aqara

Series C in 2021
Aqara has emerged as a prominent brand in the smart home market, offering a diverse range of smart home appliances and IoT solutions tailored for both consumers and industrial applications. Known for their elegant design and high-quality products, Aqara aims to enhance daily living by simplifying routine tasks through innovative technology. The company's offerings leverage AI and data analysis, allowing customization to meet individual lifestyle requirements. With a strong emphasis on cost efficiency, Aqara consistently attracts consumers seeking reliable and stylish smart home solutions.

Kuafu

Series A in 2021
Kuafu is a restaurant that serves fried skewers and drinks. They offer fried meat, soy products, fresh vegetables, and seafood products, including the slap chicken chop, stinky tofu, tender chicken skewers, and watermill rice cake. Kuafu has become an influential brand in the catering industry by relying on the business model of small stores, large chains, and full supply.

Blueglass Yogurt

Series B in 2021
Blueglass Yogurt is a food and beverage brand based in China that specializes in producing and selling a diverse range of yogurt-based products. The company's offerings include various categories such as signature fancy yogurt, fruit yogurt, yogurt salads, cakes, and ice cream. By operating its own stores, Blueglass Yogurt ensures that customers enjoy freshly made yogurt, enhancing the overall consumer experience. The brand aims to cater to the tastes of domestic consumers by providing high-quality yogurt products in a variety of formats, including beverages and desserts.

Megarobo

Corporate Round in 2021
MegaRobo is an AI and robotics company based in Beijing, China, that focuses on automating life science research and clinical diagnosis. Founded in 2016, the company develops collaborative robots and advanced automation solutions tailored for life science companies and scientific research institutions. By integrating robotics and artificial intelligence technology into practical applications, MegaRobo aims to enhance research efficiency and provide innovative laboratory services. Its commitment to the life sciences sector positions it as a key player in the advancement of intelligent automation in scientific research.

Luckin Coffee

Post in 2021
Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country. Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bring a higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China.

Nice Tuan

Private Equity Round in 2021
Nice Tuan is an e-commerce platform that specializes in providing fresh produce, beverages, leisure food, and daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. This approach allows Nice Tuan to offer a wide range of daily groceries and household items to residents, aiming to create an efficient and convenient shopping experience. By emphasizing local sourcing and community engagement, Nice Tuan seeks to establish a robust e-commerce ecosystem tailored to the needs of its customers.

Newlink

Series E in 2021
Newlink primarily operates as a digital energy service provider. It promotes energy change, the energy Internet of Things EIoT, and an energy new retail platform. It is a dual-material unicorn at home and abroad, one of the world's top 500 new energy companies, with more than 3,000 employees. Covering oil, electricity, hydrogen, and gas multiple energy categories, opening up the upstream and downstream of the energy industry chain, and digitally reconstructing the energy ecology.

Newlinks Technology

Private Equity Round in 2021
Newlink Group is a provider of technology platforms and tech-enabled services to the energy value chain, principally serving gas and EV charging stations. The Company's broad offering of digital solutions include targeted online marketing tools, cloud-based SaaS systems and supply chain solutions that help merchants drive incremental sales, reduce cost, manage operations and grow profits. The company aims to improve the efficiencies across the value chain and transform the multi-trillion energy industry in the backdrop of China's policy commitment to achieving a carbon-neutral and environmentally friendly society.

Innovusion

Series B in 2021
Innovusion, Inc. is a developer of advanced image grade LiDAR sensor systems tailored for level 4 and 5 autonomous vehicles and advanced driver-assistance systems (ADAS). Founded in 2016 and based in Sunnyvale, California, the company focuses on delivering high-performance perception solutions that combine range, resolution, and hardware-accelerated sensor fusion. Their compact sensor systems are designed for ease of integration and cost-effectiveness, making them suitable for demanding applications in the autonomous driving market. Innovusion's innovative technology positions it as a key player in the rapidly evolving landscape of autonomous transportation.

Megarobo

Series B in 2021
MegaRobo is an AI and robotics company based in Beijing, China, that focuses on automating life science research and clinical diagnosis. Founded in 2016, the company develops collaborative robots and advanced automation solutions tailored for life science companies and scientific research institutions. By integrating robotics and artificial intelligence technology into practical applications, MegaRobo aims to enhance research efficiency and provide innovative laboratory services. Its commitment to the life sciences sector positions it as a key player in the advancement of intelligent automation in scientific research.

Newlinks Technology

Private Equity Round in 2021
Newlink Group is a provider of technology platforms and tech-enabled services to the energy value chain, principally serving gas and EV charging stations. The Company's broad offering of digital solutions include targeted online marketing tools, cloud-based SaaS systems and supply chain solutions that help merchants drive incremental sales, reduce cost, manage operations and grow profits. The company aims to improve the efficiencies across the value chain and transform the multi-trillion energy industry in the backdrop of China's policy commitment to achieving a carbon-neutral and environmentally friendly society.

Newlink

Series E in 2021
Newlink primarily operates as a digital energy service provider. It promotes energy change, the energy Internet of Things EIoT, and an energy new retail platform. It is a dual-material unicorn at home and abroad, one of the world's top 500 new energy companies, with more than 3,000 employees. Covering oil, electricity, hydrogen, and gas multiple energy categories, opening up the upstream and downstream of the energy industry chain, and digitally reconstructing the energy ecology.

Nice Tuan

Series C in 2020
Nice Tuan is an e-commerce platform that specializes in providing fresh produce, beverages, leisure food, and daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. This approach allows Nice Tuan to offer a wide range of daily groceries and household items to residents, aiming to create an efficient and convenient shopping experience. By emphasizing local sourcing and community engagement, Nice Tuan seeks to establish a robust e-commerce ecosystem tailored to the needs of its customers.

Megarobo

Series B in 2020
MegaRobo is an AI and robotics company based in Beijing, China, that focuses on automating life science research and clinical diagnosis. Founded in 2016, the company develops collaborative robots and advanced automation solutions tailored for life science companies and scientific research institutions. By integrating robotics and artificial intelligence technology into practical applications, MegaRobo aims to enhance research efficiency and provide innovative laboratory services. Its commitment to the life sciences sector positions it as a key player in the advancement of intelligent automation in scientific research.

Starfield Food Science Technology

Series A in 2020
Starfield Food Science Technology is a Shenzhen-based company focused on producing plant-based meat products. Established in 2019, it operates its own research and development and manufacturing facilities to create innovative alternatives to traditional meat, utilizing plant proteins. The company is committed to delivering safe, healthy, and environmentally friendly food options while striving to address issues like famine and sustainability. Starfield aims to develop artificial meat products that closely resemble their animal-based counterparts, thereby enhancing consumer acceptance and promoting a transition towards more sustainable dietary choices. Its products are available through various retail outlets and online platforms.

Starfield Food Science Technology

Series A in 2020
Starfield Food Science Technology is a Shenzhen-based company focused on producing plant-based meat products. Established in 2019, it operates its own research and development and manufacturing facilities to create innovative alternatives to traditional meat, utilizing plant proteins. The company is committed to delivering safe, healthy, and environmentally friendly food options while striving to address issues like famine and sustainability. Starfield aims to develop artificial meat products that closely resemble their animal-based counterparts, thereby enhancing consumer acceptance and promoting a transition towards more sustainable dietary choices. Its products are available through various retail outlets and online platforms.

Newlink

Series D in 2020
Newlink primarily operates as a digital energy service provider. It promotes energy change, the energy Internet of Things EIoT, and an energy new retail platform. It is a dual-material unicorn at home and abroad, one of the world's top 500 new energy companies, with more than 3,000 employees. Covering oil, electricity, hydrogen, and gas multiple energy categories, opening up the upstream and downstream of the energy industry chain, and digitally reconstructing the energy ecology.

Newlinks Technology

Series D in 2020
Newlink Group is a provider of technology platforms and tech-enabled services to the energy value chain, principally serving gas and EV charging stations. The Company's broad offering of digital solutions include targeted online marketing tools, cloud-based SaaS systems and supply chain solutions that help merchants drive incremental sales, reduce cost, manage operations and grow profits. The company aims to improve the efficiencies across the value chain and transform the multi-trillion energy industry in the backdrop of China's policy commitment to achieving a carbon-neutral and environmentally friendly society.

Reworld

Series B in 2020
Reworld is a platform offering training and IT tools that allow users to design their own videogames.

North Ocean Photonics

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

Starfield Food Science Technology

Angel Round in 2020
Starfield Food Science Technology is a Shenzhen-based company focused on producing plant-based meat products. Established in 2019, it operates its own research and development and manufacturing facilities to create innovative alternatives to traditional meat, utilizing plant proteins. The company is committed to delivering safe, healthy, and environmentally friendly food options while striving to address issues like famine and sustainability. Starfield aims to develop artificial meat products that closely resemble their animal-based counterparts, thereby enhancing consumer acceptance and promoting a transition towards more sustainable dietary choices. Its products are available through various retail outlets and online platforms.

Temi

Venture Round in 2020
Temi is a developer of intelligent personal robots designed to enhance human interaction and simplify everyday tasks. Its flagship product, a mobile personal robot, integrates advanced artificial intelligence with a system of sensors and cameras to navigate home environments autonomously. This robot enables users to connect seamlessly with smart home devices, access online content, and engage in video communications using voice commands. Temi's technology allows the robot to perform various functions, such as playing music, checking the weather, and carrying small objects, making daily life more convenient and enjoyable. With headquarters in locations including San Francisco, New York, Tel-Aviv, Shenzhen, and Singapore, Temi aims to create intuitive and accessible robotic solutions that empower users and enrich their experiences.

Nice Tuan

Series B in 2020
Nice Tuan is an e-commerce platform that specializes in providing fresh produce, beverages, leisure food, and daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. This approach allows Nice Tuan to offer a wide range of daily groceries and household items to residents, aiming to create an efficient and convenient shopping experience. By emphasizing local sourcing and community engagement, Nice Tuan seeks to establish a robust e-commerce ecosystem tailored to the needs of its customers.

Newlink

Series C in 2019
Newlink primarily operates as a digital energy service provider. It promotes energy change, the energy Internet of Things EIoT, and an energy new retail platform. It is a dual-material unicorn at home and abroad, one of the world's top 500 new energy companies, with more than 3,000 employees. Covering oil, electricity, hydrogen, and gas multiple energy categories, opening up the upstream and downstream of the energy industry chain, and digitally reconstructing the energy ecology.

Newlinks Technology

Series C in 2019
Newlink Group is a provider of technology platforms and tech-enabled services to the energy value chain, principally serving gas and EV charging stations. The Company's broad offering of digital solutions include targeted online marketing tools, cloud-based SaaS systems and supply chain solutions that help merchants drive incremental sales, reduce cost, manage operations and grow profits. The company aims to improve the efficiencies across the value chain and transform the multi-trillion energy industry in the backdrop of China's policy commitment to achieving a carbon-neutral and environmentally friendly society.

Aqara

Series B in 2019
Aqara has emerged as a prominent brand in the smart home market, offering a diverse range of smart home appliances and IoT solutions tailored for both consumers and industrial applications. Known for their elegant design and high-quality products, Aqara aims to enhance daily living by simplifying routine tasks through innovative technology. The company's offerings leverage AI and data analysis, allowing customization to meet individual lifestyle requirements. With a strong emphasis on cost efficiency, Aqara consistently attracts consumers seeking reliable and stylish smart home solutions.

Mobi Sport

Series B in 2019
Mobi Sports is a rowing machine brand. The rowing machine is a fitness equipment used to simulate water rowing. With this device, 80% of the muscles and joints of the user's legs, waist, upper limbs and back can be effectively exercised. Mobi Sports' rowing machine users are positioned as high-end crowds and main family scenes. At present, there are APP software products such as Moby Power, Moby Badminton and Moby Fitness. They continue to exert their strength in the field of intelligent hardware such as badminton track tracing, smart treadmills and smart fitness equipment. In the future, they will strive to create O2O health for the national intelligent movement. Ecosystem.

Healthy.io

Series C in 2019
Healthy.io Ltd is a company that specializes in home urinalysis solutions, enabling users to conduct urine tests using their smartphone cameras. Founded in 2013 and based in Tel Aviv-Yafo, Israel, Healthy.io has developed a clinically approved home urinalysis kit known as Dip.io, which includes a urinalysis dipstick, a color measurement band, and a user-friendly application that guides individuals through the testing process. This innovative platform leverages artificial intelligence to analyze images of test strips, providing instant results and facilitating seamless integration with electronic medical records for clinical follow-up. Healthy.io's offerings also include a second product, ACR, designed for individuals with diabetes or high blood pressure to monitor kidney health at home. Additionally, the company is developing tools for chronic wound monitoring, aiming to improve care coordination over time. Through these advancements, Healthy.io is transforming how patients manage their health, particularly in the areas of kidney disease prevention and chronic care.

Lemon Photonics

Series A in 2019
LEMON Photonics Technologies Co. Ltd. is a high-tech company founded by a team of experienced laser professionals and venture capitals. LEMON focuses on research, sales and industrialization of high-end semiconductor electro-optical devices, modules and systems.

Nolo VR

Series A in 2019
NOLO VR specializes in motion tracking technology for mobile and Steam virtual reality experiences. Its innovative NOLO Motion Tracking System enables smartphone users to access immersive virtual reality interactions typically reserved for high-end headsets like HTC Vive and Oculus Rift. The system includes a base station, headset marker, and two controllers, allowing users to explore and engage in virtual environments freely. NOLO HOME, the company's Mobile VR platform, is the first-ever application designed for six degrees of freedom (6DoF) on smartphones. By combining NOLO HOME with the NOLO CV1 device and a smartphone, users can enjoy wireless, immersive VR experiences anytime and anywhere. NOLO VR aims to redefine entertainment and gaming by providing users with a unique, engaging virtual world that enhances their playstyles.

Megarobo

Series A in 2019
MegaRobo is an AI and robotics company based in Beijing, China, that focuses on automating life science research and clinical diagnosis. Founded in 2016, the company develops collaborative robots and advanced automation solutions tailored for life science companies and scientific research institutions. By integrating robotics and artificial intelligence technology into practical applications, MegaRobo aims to enhance research efficiency and provide innovative laboratory services. Its commitment to the life sciences sector positions it as a key player in the advancement of intelligent automation in scientific research.

MissZero

Series A in 2019
MissZero is a Beijing-based company founded in 2017 that specializes in developing and producing sugar-free food products. The brand focuses on providing natural sugar substitutes, such as stevia leaf sugar and mogroside, to replace traditional sucrose. MissZero offers two main product lines: Meal and Snack. The Meal line includes meal replacement products like bulletproof coffee, bulletproof milk tea, and bulletproof meal replacement cakes. The Snack line features various sugar-free snacks, including cookies, chocolates, and an upcoming ice cream offering. By emphasizing fat-reduction and nutritional value, MissZero aims to deliver delicious food options that cater to health-conscious consumers.

Reworld

Series A in 2019
Reworld is a platform offering training and IT tools that allow users to design their own videogames.

Luckin Coffee

Series B in 2019
Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country. Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bring a higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China.

Roadefend

Series B in 2019
Roadefend is a company dedicated to advancing automotive safety through the development of active safety systems that utilize face recognition technology. Its flagship product, initially a driver fatigue warning system, was enhanced in 2016 to include a comprehensive driver active safety defense system. This system incorporates advanced features such as real-time monitoring of driving behavior, as well as a background cloud management platform for data analysis and statistics. By leveraging artificial intelligence, Roadefend's solutions provide valuable insights into driver behavior, aiming to improve safety on the road and reduce the risk of accidents. The company's innovations facilitate multi-level data management, contributing to the safe operation of vehicle fleets.

Bluepay

Series C in 2019
Bluepay develops a mobile payment platform that will be suitable for the digital society. Their services include bluepay, bluemart, vending machines, and more.

Danke Apartment

Series C in 2019
Danke Apartment is a prominent internet-enabled apartment management startup based in China, established in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering tailored solutions for both property owners and renters. The company centralizes the operation of apartments sourced from property owners, standardizing their design, renovation, and furnishing. This approach allows Danke Apartment to deliver high-quality, reliable services without the need for physical storefronts, ensuring a seamless online experience for users. Through its innovative rental business model, Danke Apartment continues to redefine how residential rentals are experienced in urban environments.

Luckin Coffee

Series B in 2018
Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country. Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bring a higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China.

Health Plus

Series A in 2018
Uplus Health is a service solution provider that uses Internet technology to intelligently connect medical care, insurance, and clients. It provides insurance companies and enterprises with professional and optimized marketing plan design, medical network, health service and cost risk control, and other menu services; it provides customers with intelligent medical guidance, VIP channels for medical treatment, advance payment of hospitalization expenses, and so on.

Health Plus

Series A in 2018
Health Plus is a Fintech company.

Xiaozhu.com

Series F in 2018
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Tuhu

Series E in 2018
Tuhu is a prominent integrated online and offline platform for automotive services in China, catering to car owners' diverse needs. Operating in over 260 cities, Tuhu offers same-day or next-day delivery and installation services for automobile after-sales products. The company utilizes its website, mobile app, call center, and third-party e-commerce platforms to deliver a digitalized and on-demand service experience. Tuhu's platform addresses a wide range of automotive service demands, including the replacement of tires and chassis parts, as well as auto maintenance, repair, and detailing. By connecting car owners with suppliers and automotive service stores, Tuhu effectively fulfills the requirements of most passenger vehicle models sold in China.

Nice Tuan

Angel Round in 2018
Nice Tuan is an e-commerce platform that specializes in providing fresh produce, beverages, leisure food, and daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. This approach allows Nice Tuan to offer a wide range of daily groceries and household items to residents, aiming to create an efficient and convenient shopping experience. By emphasizing local sourcing and community engagement, Nice Tuan seeks to establish a robust e-commerce ecosystem tailored to the needs of its customers.

MyDreamPlus

Series C in 2018
MyDreamPlus is a co-working space startup that offers technological working experience in co-working spaces, integrating space design, smart office management, and community operation. It designs high-quality furniture, smart management systems, and more. The company developed a management system that enables customers to solve office-related problems using their smartphones, including opening a door, booking a meeting room, or sending the WIFI password to guests. Founded in May 2015, MyDreamPlus’ services have grown to more than 20 co-working space locations, mainly located in Beijing, Chengdu, and other big cities. There are over 300 enterprises that have joined MyDreamPlus’s co-working space, 90% of which are mature companies, like COFCO, Chinese TAL Education Group, Airbnb, VIPKID, and so on.

Ecnova

Seed Round in 2018
Ecnova specializes in supply chain management and logistics solutions, focusing on enhancing the distribution network for enterprises in the e-commerce sector. The company facilitates connections between brands and various key opinion leaders (KOLs) as well as diverse e-commerce applications. By employing intelligent matching algorithms, Ecnova optimizes the selection process, improving efficiency for both users and brands. This approach aims to streamline operations and enhance the overall effectiveness of e-commerce strategies.

The Good Stuff

Series B in 2018
Founded in 2016, The Good Stuff is a community-based e-commerce startup focused on making premium products accessible to middle-class consumers in China. The company capitalizes on the growing trend of consumption in the country by emphasizing quality, wellness, and enjoyment. The Good Stuff employs a network of Curators who source high-quality products from farmers and artisanal producers worldwide. These products are then presented to Stylists, primarily young parents who serve as opinion leaders within their communities. Stylists select their preferred items and share recommendations with their networks, earning commissions for their contributions. Through this model, The Good Stuff fosters a community-driven approach to e-commerce while enhancing access to premium offerings.

Yeting

Series B in 2018
Yeting is a media company that specializes in the production of audio content.

Luckin Coffee

Series A in 2018
Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country. Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bring a higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China.

Danke Apartment

Series B in 2018
Danke Apartment is a prominent internet-enabled apartment management startup based in China, established in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering tailored solutions for both property owners and renters. The company centralizes the operation of apartments sourced from property owners, standardizing their design, renovation, and furnishing. This approach allows Danke Apartment to deliver high-quality, reliable services without the need for physical storefronts, ensuring a seamless online experience for users. Through its innovative rental business model, Danke Apartment continues to redefine how residential rentals are experienced in urban environments.

Megarobo

Series A in 2018
MegaRobo is an AI and robotics company based in Beijing, China, that focuses on automating life science research and clinical diagnosis. Founded in 2016, the company develops collaborative robots and advanced automation solutions tailored for life science companies and scientific research institutions. By integrating robotics and artificial intelligence technology into practical applications, MegaRobo aims to enhance research efficiency and provide innovative laboratory services. Its commitment to the life sciences sector positions it as a key player in the advancement of intelligent automation in scientific research.

Weimai

Series A in 2018
Marketing management system developer based in Beijing.

Haomai

Series A in 2018
Haomai provides after-sales service, professional marketing, and customer services.

Luckin Coffee

Seed Round in 2018
Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country. Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bring a higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China.

Bluepay

Series B in 2018
Bluepay develops a mobile payment platform that will be suitable for the digital society. Their services include bluepay, bluemart, vending machines, and more.

MyDreamPlus

Series B in 2018
MyDreamPlus is a co-working space startup that offers technological working experience in co-working spaces, integrating space design, smart office management, and community operation. It designs high-quality furniture, smart management systems, and more. The company developed a management system that enables customers to solve office-related problems using their smartphones, including opening a door, booking a meeting room, or sending the WIFI password to guests. Founded in May 2015, MyDreamPlus’ services have grown to more than 20 co-working space locations, mainly located in Beijing, Chengdu, and other big cities. There are over 300 enterprises that have joined MyDreamPlus’s co-working space, 90% of which are mature companies, like COFCO, Chinese TAL Education Group, Airbnb, VIPKID, and so on.

HaoHaoZhu

Series B in 2018
Haohaozhu is a Beijing-based online platform established in 2015 that specializes in home improvement and interior design. It offers a mobile application and website where users can explore decoration solutions tailored to their homes and connect with sellers. The platform serves as a social and information-sharing community, allowing users to share images and ideas. It also curates a range of interior design solutions from professional designers, providing innovative and comprehensive home design plans for homeowners. Through its user-friendly interface, Haohaozhu aims to facilitate the home improvement process, making it easier for individuals to find inspiration and connect with the resources they need.

Danke Apartment

Series B in 2018
Danke Apartment is a prominent internet-enabled apartment management startup based in China, established in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering tailored solutions for both property owners and renters. The company centralizes the operation of apartments sourced from property owners, standardizing their design, renovation, and furnishing. This approach allows Danke Apartment to deliver high-quality, reliable services without the need for physical storefronts, ensuring a seamless online experience for users. Through its innovative rental business model, Danke Apartment continues to redefine how residential rentals are experienced in urban environments.

Akoko

Series A in 2018
Akoko is a bakery brand based in Hangzhou, China, focused on producing delicious and healthy baked goods. The company specializes in a range of products, including cookies, pastries, and ice cream, all crafted to be aesthetically pleasing and made without additives. By prioritizing quality and health, Akoko aims to deliver high-quality snacks that cater to health-conscious consumers.

The Good Stuff

Series B in 2018
Founded in 2016, The Good Stuff is a community-based e-commerce startup focused on making premium products accessible to middle-class consumers in China. The company capitalizes on the growing trend of consumption in the country by emphasizing quality, wellness, and enjoyment. The Good Stuff employs a network of Curators who source high-quality products from farmers and artisanal producers worldwide. These products are then presented to Stylists, primarily young parents who serve as opinion leaders within their communities. Stylists select their preferred items and share recommendations with their networks, earning commissions for their contributions. Through this model, The Good Stuff fosters a community-driven approach to e-commerce while enhancing access to premium offerings.

Xinshang

Series C in 2018
Xinshang is a Chinese e-commerce platform that serves as a customer-to-customer marketplace for secondhand luxury goods, including bags, shoes, watches, clothing, and jewelry. The platform allows users to sell their used luxury items or purchase secondhand or new luxury products at more affordable prices. Xinshang has experienced significant growth, with its monthly transaction value reportedly increasing by 30% each month. The company claims to hold over 50% of the secondhand luxury goods transaction market in China, positioning it as a key player in this emerging sector.

CIG

Series A in 2017
CIG offers marketing solutions for the entire value chain. The company assists customers from the collecting of sales leads, to the guiding to the store, to the promotion of the final transaction. The company offers services ranging from brand strategy, content creation, media marketing, public relations, social marketing, search marketing, user operation, foreign marketing, and other full value chain marketing services.

Xiaozhu.com

Series E in 2017
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Vingoo Juice

Series B in 2017
Vingoo Juice specializes in creating autonomous machines designed for producing fresh orange juice, primarily targeting the community market in China. By employing a "whole fruit extraction" method, these machines maximize juice yield from each orange, providing customers with enhanced value. The company integrates advanced technologies such as cloud computing, artificial intelligence, and mobile payment systems to elevate the consumer experience, making the process of obtaining fresh juice both intuitive and efficient.

ShopEx

Series D in 2017
ShopEx is an e-commerce software and service provider based in China, specializing in the development of software solutions for retail merchants. The company offers a comprehensive suite of tools that facilitate online retail transactions, supply chain management, and financial payment processing. By integrating third-party resources, ShopEx enables retail store owners to effectively establish and grow their e-commerce businesses. With a focus on research and development, ShopEx boasts a professional team that has created proprietary technology and services, positioning itself as a leader in the e-commerce sector.

Danke Apartment

Series A in 2017
Danke Apartment is a prominent internet-enabled apartment management startup based in China, established in January 2015. The company manages over 320,000 apartment units across major cities such as Beijing, Shanghai, Shenzhen, and Hangzhou. By leveraging technology, Danke Apartment aims to transform the residential rental market, offering tailored solutions for both property owners and renters. The company centralizes the operation of apartments sourced from property owners, standardizing their design, renovation, and furnishing. This approach allows Danke Apartment to deliver high-quality, reliable services without the need for physical storefronts, ensuring a seamless online experience for users. Through its innovative rental business model, Danke Apartment continues to redefine how residential rentals are experienced in urban environments.

Roadefend

Series A in 2017
Roadefend is a company dedicated to advancing automotive safety through the development of active safety systems that utilize face recognition technology. Its flagship product, initially a driver fatigue warning system, was enhanced in 2016 to include a comprehensive driver active safety defense system. This system incorporates advanced features such as real-time monitoring of driving behavior, as well as a background cloud management platform for data analysis and statistics. By leveraging artificial intelligence, Roadefend's solutions provide valuable insights into driver behavior, aiming to improve safety on the road and reduce the risk of accidents. The company's innovations facilitate multi-level data management, contributing to the safe operation of vehicle fleets.

MyDreamPlus

Series B in 2017
MyDreamPlus is a co-working space startup that offers technological working experience in co-working spaces, integrating space design, smart office management, and community operation. It designs high-quality furniture, smart management systems, and more. The company developed a management system that enables customers to solve office-related problems using their smartphones, including opening a door, booking a meeting room, or sending the WIFI password to guests. Founded in May 2015, MyDreamPlus’ services have grown to more than 20 co-working space locations, mainly located in Beijing, Chengdu, and other big cities. There are over 300 enterprises that have joined MyDreamPlus’s co-working space, 90% of which are mature companies, like COFCO, Chinese TAL Education Group, Airbnb, VIPKID, and so on.

YOTA

Series A in 2016
YOTA offers a private nutrition kitchen service for women. They provide solutions for women such as weight loss and slimming packages, work meals, afternoon tea, and beauty meals.

Coffee0.8

Series A in 2016
Coffee0.8 specializes in the development of a smart self-service coffee machine that delivers freshly ground coffee. This innovative device processes dried coffee beans through a built-in grinder and brewing system, allowing users to enjoy a variety of coffee flavors at their convenience. By automating the coffee-making process, Coffee0.8 aims to enhance the consumer experience, providing both quality and ease for coffee enthusiasts.

Haozu.com

Series B in 2016
Haozu.com is a prominent Chinese platform specializing in house rental information and services. Launched in October 2009, it is part of a network that includes Anjuke.com and Beijing.anjuke.com, which focus on residential and commercial real estate respectively. The platform offers nearly 700,000 rental housing listings across major cities in China, with an average of 500,000 daily users seeking rental information. Haozu.com operates in 58 cities, including Shanghai, Beijing, and Guangzhou, and has a mobile application that has attracted over 4.5 million users, capturing a significant share of the rental app market. In addition to residential rentals, Haozu.com provides services for commercial properties, helping businesses with office rentals and related services through an online-to-offline (O2O) model that leverages cloud computing and big data to connect tenants with property owners efficiently.

Xiaozhu.com

Series D in 2016
Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Meituan Bike

Series C in 2016
Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month. Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.

Meituan Bike

Series B in 2016
Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month. Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.

Nio

Series B in 2016
NIO Inc. is a pioneer in China’s premium smart electric vehicle market. NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater high-performance premium electric SUV in China in June 2018, and its variant, the six-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began deliveries in June 2019. NIO officially launched the EC6, a 5-seater smart premium electric Coupe SUV, in December 2019 and plans to commence deliveries in 2020.

Bluepay

Series A in 2016
Bluepay develops a mobile payment platform that will be suitable for the digital society. Their services include bluepay, bluemart, vending machines, and more.

Haozu.com

Series A in 2016
Haozu.com is a prominent Chinese platform specializing in house rental information and services. Launched in October 2009, it is part of a network that includes Anjuke.com and Beijing.anjuke.com, which focus on residential and commercial real estate respectively. The platform offers nearly 700,000 rental housing listings across major cities in China, with an average of 500,000 daily users seeking rental information. Haozu.com operates in 58 cities, including Shanghai, Beijing, and Guangzhou, and has a mobile application that has attracted over 4.5 million users, capturing a significant share of the rental app market. In addition to residential rentals, Haozu.com provides services for commercial properties, helping businesses with office rentals and related services through an online-to-offline (O2O) model that leverages cloud computing and big data to connect tenants with property owners efficiently.

Meituan Bike

Series A in 2015
Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month. Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.

Xinshang

Series A in 2015
Xinshang is a Chinese e-commerce platform that serves as a customer-to-customer marketplace for secondhand luxury goods, including bags, shoes, watches, clothing, and jewelry. The platform allows users to sell their used luxury items or purchase secondhand or new luxury products at more affordable prices. Xinshang has experienced significant growth, with its monthly transaction value reportedly increasing by 30% each month. The company claims to hold over 50% of the secondhand luxury goods transaction market in China, positioning it as a key player in this emerging sector.

Bluepay

Angel Round in 2015
Bluepay develops a mobile payment platform that will be suitable for the digital society. Their services include bluepay, bluemart, vending machines, and more.

Nio

Series A in 2015
NIO Inc. is a pioneer in China’s premium smart electric vehicle market. NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater high-performance premium electric SUV in China in June 2018, and its variant, the six-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began deliveries in June 2019. NIO officially launched the EC6, a 5-seater smart premium electric Coupe SUV, in December 2019 and plans to commence deliveries in 2020.

MyDreamPlus

Series A in 2015
MyDreamPlus is a co-working space startup that offers technological working experience in co-working spaces, integrating space design, smart office management, and community operation. It designs high-quality furniture, smart management systems, and more. The company developed a management system that enables customers to solve office-related problems using their smartphones, including opening a door, booking a meeting room, or sending the WIFI password to guests. Founded in May 2015, MyDreamPlus’ services have grown to more than 20 co-working space locations, mainly located in Beijing, Chengdu, and other big cities. There are over 300 enterprises that have joined MyDreamPlus’s co-working space, 90% of which are mature companies, like COFCO, Chinese TAL Education Group, Airbnb, VIPKID, and so on.
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