He Zhiqiang

Senior Vice President

Luo Xu

Managing Director

Past deals in Hardware

Taifang Technology

Series B in 2024
Taifang Technology is a national high-tech enterprise specializing in the research and development of intelligent tactile technology. The company develops multi-touch screen hardware designed to enhance interactive tactile perception in consumer electronics and automotive applications. Its product range includes hardware, software, displays, and premium multi-touch sensors, offering a diverse selection of interactive solutions tailored to meet the needs of various businesses. Through its innovative technologies, Taifang Technology aims to improve user experience and interaction across multiple sectors.

DexForce

Seed Round in 2024
DexForce specializes in the development of AI-enabled robotic systems equipped with integrated 3D vision technology. The company offers a range of software and hardware solutions tailored for smart manufacturing, logistics, and home automation. This includes advanced 3D vision cameras and algorithms that enhance the capabilities of manufacturing robots, allowing them to perform complex tasks such as detection, positioning, recognition, and guidance in challenging environments. By combining innovative technology with practical applications, DexForce aims to improve efficiency and effectiveness in various sectors.

Lanxin Computing

Angel Round in 2023
Lanxin Computing is a high-performance chip design company that focuses on the research and development of CPUs with RISC-V ecosystems.

Taifang Technology

Venture Round in 2023
Taifang Technology is a national high-tech enterprise specializing in the research and development of intelligent tactile technology. The company develops multi-touch screen hardware designed to enhance interactive tactile perception in consumer electronics and automotive applications. Its product range includes hardware, software, displays, and premium multi-touch sensors, offering a diverse selection of interactive solutions tailored to meet the needs of various businesses. Through its innovative technologies, Taifang Technology aims to improve user experience and interaction across multiple sectors.

Thin Red Line

Angel Round in 2022
Thin Red Line is a technology company building the next-generation personal computing device platform after the smartphone. The company was founded in 2018 and is based in China.

GravityXR

Seed Round in 2022
GravityXR is a developer of XR technology and a manufacturer of terminal equipment, specializing in the fields of augmented reality (AR), virtual reality (VR), and mixed reality (MR). The company focuses on creating advanced chip platforms and supporting hardware solutions that enhance user experiences in XR environments. GravityXR also offers a comprehensive range of technical services, including software and technology suites, application interfaces, key component selection, and product prototype development support. By integrating hardware and software, GravityXR aims to enable customers to leverage next-generation XR user experiences and metaverse interfaces.

Industrial Next

Seed Round in 2022
Industrial Next develops the fundamental technologies for flexible and intelligent production automation, beginning with intelligent vision, for which we are jointly creating the hardware and software to work in unison.

Houmo.AI

Series A in 2022
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that cater to the growing demand for computing power in the AI sector. By leveraging innovative technologies, Houmo.AI aims to deliver chips that offer significant performance improvements while maintaining low power consumption and affordability. This approach enables enterprises to manufacture advanced intelligent robotics and other AI-integrated electronics, ultimately striving to meet the challenges of true artificial intelligence.

RiVAI

Series A in 2021
RiVAI Technologies specializes in the development of advanced RISC-V based CPUs and customized System-on-Chip (SoC) designs. The company focuses on delivering high-performance computing solutions for diverse applications, ranging from edge computing to data centers. Additionally, RiVAI develops artificial intelligence chips tailored for Internet of Things (IoT) applications, catering to various sectors such as wearable technology, smart homes, security systems, agriculture, and consumer electronics. By offering low-power yet high-performance core processor chips, RiVAI enables its clients to meet the growing demands of modern computing environments.

Resnics

Seed Round in 2021
Resnics manufactures storage and network data processor chip solutions for the communications and Internet industries.

MetaX

Series A in 2021
Muxi is dedicated to providing full-stack GPU chips and heterogeneous computing solutions that can be widely used in cutting-edge fields such as artificial intelligence, smart cities, data centers, cloud computing, autonomous driving, digital twins, metaverse, and so on. It builds full-stack GPU chip products, launching MXN series GPUs (Xi Si) for AI reasoning, MXC series GPUs (Xi Yun) for AI training and general computing, and MXG series GPUs (Xi Cai) for graphics rendering, Meet the computing power requirements of data centers for "high energy efficiency" and "high versatility". Mu Xi's products all use independently developed GPU IP, have instruction sets and architectures with completely independent intellectual property rights, and are outfitted with a complete software stack (MACAMACA) compatible with mainstream GPU ecosystems. In September 2020, the company was founded in Shanghai, and it has wholly-owned subsidiaries and R&D centers in Beijing, Nanjing, Chengdu, Hangzhou, Shenzhen, and Wuhan.

Care

Seed Round in 2021
Care is an innovative medical technology company developing medical and technological solutions for neurological diseases. Care researches and develops intelligent solutions, such as new software, hardware, and AI technologies, for screening, diagnosis, treatment, and research on neurological diseases.

Houmo.AI

Seed Round in 2021
Houmo.AI is a semiconductor company founded in 2020 by Dr. Wu Qiang, specializing in integrated circuit storage technology tailored for artificial intelligence and high-power computing applications. The company focuses on developing intelligent computing chips that cater to the growing demand for computing power in the AI sector. By leveraging innovative technologies, Houmo.AI aims to deliver chips that offer significant performance improvements while maintaining low power consumption and affordability. This approach enables enterprises to manufacture advanced intelligent robotics and other AI-integrated electronics, ultimately striving to meet the challenges of true artificial intelligence.

Zhuizhi Technology

Series A in 2021
Zhuizhi Technology specializes in providing technology services tailored for fast-selling retail companies, offering integrated smart retail solutions. The company's expertise encompasses store digitization, traffic conversion from offline to online platforms, precise member marketing, and enhancements to the shopping experience. Additionally, Zhuizhi Technology focuses on improving store floor efficiency and internal operations within the retail sector. Its product lineup includes mobile management assistant applets, smart cash registers, and various hardware terminals, all designed to facilitate intelligent management and boost sales efficiency for retail businesses. By addressing both the middle and front office needs, Zhuizhi Technology aims to empower merchants with the tools necessary for effective business management.

Hercules Microsystems

Venture Round in 2020
Jingwei Qili is a developer of hybrid programmable computing chips. The company's products are mainly FPGA chip series products, as well as development boards and kits, etc., which can be applied to the field of artificial intelligence. At the same time, the company's business also includes providing users with testing and maintenance Circuits and other services.

Semidrive Technology

Series A in 2020
SemiDrive is a developer of advanced semiconductor products tailored for the automotive industry, focusing on applications such as autonomous driving and smart vehicle technologies. The company specializes in creating high-performance core processor chips and microprocessors designed for intelligent driving systems, including advanced driver-assistance systems (ADAS) and in-car entertainment. By adopting a fabless manufacturing model, SemiDrive emphasizes research and development to provide innovative solutions that address the challenges associated with smart driving chips. Its offerings include intelligent cabin systems and automatic controllers, positioning the company as a key player in the evolution of automotive technology.

Haiguang Information Technology

Venture Round in 2020
Haiguang Information Technology develops high-end processors, accelerators, and other computing chip products and systems.

Feima Robotics

Venture Round in 2020
Feima Robotics is an information technology company that specializes in the development of UAV software and hardware integration solutions. The company focuses on creating surveying drones designed for applications in public safety and environmental testing. It has introduced a diverse range of intelligent aerial systems, including 15 types of drones and 3D devices, categorized into the F, D, V, and P series, as well as SLAM handheld laser scanners. These drones leverage GIS and aerial photography technologies, allowing for the collection and cloud storage of data, which facilitates easy access to accurate environmental information for users.

NED+AR

Series A in 2019
Nadejia Display Technology specializes in the development and production of optical modules for augmented reality (AR) and virtual reality (VR) smart glasses. The company emphasizes research and development of lightweight optical display components tailored for various industries, including medical, industrial, and aviation sectors. By providing technical support and innovative solutions, Nadejia aims to enhance the functionality and usability of AR and VR technologies, empowering users to perform precise tasks effectively.

Semidrive Technology

Seed Round in 2019
SemiDrive is a developer of advanced semiconductor products tailored for the automotive industry, focusing on applications such as autonomous driving and smart vehicle technologies. The company specializes in creating high-performance core processor chips and microprocessors designed for intelligent driving systems, including advanced driver-assistance systems (ADAS) and in-car entertainment. By adopting a fabless manufacturing model, SemiDrive emphasizes research and development to provide innovative solutions that address the challenges associated with smart driving chips. Its offerings include intelligent cabin systems and automatic controllers, positioning the company as a key player in the evolution of automotive technology.

Vincross

Series A in 2019
Vincross is a consumer robotics company that provide individuals with the access and the tools to build, create, and explore on robotics. Its flagship robot, HEXA, combines a 6-legged robot that is highly maneuverable, versatile and compact with a robotics operating system (OS) called MIND OS that simplifies robotics functionality so that you can create sophisticated robotic applications or motions with just a few simple lines of code. Vincross was founded in 2014 and is based in Beijing, China. The company is backed by GGV Capital and ZhenFund. Vincross believes that for the future of robotics to be successful, it needs to be available to the many, not the few. By creating consumer robots that fit into everyday life and by building a robotics ecosystem, including software and hardware that is both simple to use and sophisticated, Vincross makes it possible for individuals to access the future of robotics. Today, their robotics ecosystem is used by creators, programmers, hobbyists, robot-lovers and gadget geeks from across the globe. Their ambitions are even bigger. Vincross is ushering in the next generation of consumer robotics, where robots are the most interesting and exciting technology, where robots in your home will be commonplace and they'll be truly valuable and impressive.

Lenovo

Seed Round in 2018
Lenovo is a prominent global technology company recognized as the world's largest PC vendor and a significant player in the smartphone market. Founded in 1984 as Legend Holdings in China, the company rebranded to Lenovo in 2004 and gained a foothold in the industry by acquiring IBM's Personal Computer Division. With a revenue of approximately $39 billion and a workforce of over 54,000 employees, Lenovo operates in more than 60 countries and serves customers in over 160 countries. The company’s operations are structured into three primary segments: PC and smart devices, mobile, and data center, with expected contributions of approximately 60%, 13%, and 17% of sales, respectively. Lenovo has been focusing on expanding its data center segment, which has seen substantial growth in recent years. The company adopts a unique vertically integrated business model that enhances its ability to innovate and compete effectively in the rapidly evolving technology landscape. Through strategic investments in local manufacturing and research and development, Lenovo aims to blend global reach with local expertise, positioning itself for sustained growth and success.

Cambricon Technologies

Series A in 2017
Cambricon Technologies is a leading company in the development of artificial intelligence core chips, focusing on applications in cloud servers, edge computing devices, and terminal equipment. Founded by Professor Chen Tianshi, a recognized expert in processor architecture and artificial intelligence, the company has established itself as a pioneer in smart chip technology. It offers a diverse range of chip products and system software solutions, serving various industries including smart terminals and intelligent robotics. Notably, Cambricon introduced the Cambrian-1A processor in 2016, which was the first commercial deep learning processor designed for smartphones, wearable devices, and other terminal applications. The company continues to innovate in the field of AI chip technology, contributing to advancements in intelligent systems.

NED+AR

Seed Round in 2017
Nadejia Display Technology specializes in the development and production of optical modules for augmented reality (AR) and virtual reality (VR) smart glasses. The company emphasizes research and development of lightweight optical display components tailored for various industries, including medical, industrial, and aviation sectors. By providing technical support and innovative solutions, Nadejia aims to enhance the functionality and usability of AR and VR technologies, empowering users to perform precise tasks effectively.

720health

Series B in 2017
720Health is a tech enterprise. 720Health is an enterprise for smart home aiot hardware products and related industry solutions. Their products and solutions cover many health appliances such as intelligent environmental monitoring, air purification and disinfection, drinking water purification, sterilization, and the removal of pesticide residues.

OnMicro

Venture Round in 2017
OnMicro is a developer and researcher of high-performance integrated circuits and peripheral products designed for a range of electronic devices, including smartphones, tablets, personal computers, and smart home products. The company specializes in creating RF integrated circuit chips and analog integrated circuit chips that are essential for wireless communication, power management, and RF front-end modules. Through its focus on reliability and performance, OnMicro aims to support the advancement of technology in various consumer electronics.
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