Puhua Capital

Puhua Capital is an equity investment firm that focuses on early and middle project. Puhua Capital provides the required resources and management experience for the invested enterprise, investing funds and more resources and wisdom. Puhua Capital has invested nearly 300 excellent start-ups.

Zhu Baolin

Vice President

Wang Hongwen

Managing Director

Zhou Mi

Managing Partner

Shen Qinhua

Founder and Managing Partner

Lu Jianliang

Vice President

189 past transactions

Fanding International Group

Series C in 2025
Fanding International Group offers supply chain services by reducing logistics costs.

Multiway Robotics

Series B in 2025
Multiway Robotics specializes in intelligent intralogistics solutions, focusing on autonomous guided vehicles (AGVs) and automated forklifts. The company serves a diverse range of industries, including machinery manufacturing, food and beverages, metallurgical materials, chemical energy, automobile manufacturing, and cold chain logistics. It offers a comprehensive suite of products and services, including unmanned forklifts, autonomous mobile robots (AMRs), and advanced software systems such as warehouse management systems (WMS), warehouse control systems (WCS), and on-site management solutions. By integrating machine vision and upper-level system empowerment, Multiway Robotics enables clients to modernize their manufacturing and warehousing operations, enhancing efficiency and productivity in logistics.

Yuntong Data Technology

Series A in 2025
Yuntong Data Technology is a cloud data platform that provides digital transportation solutions for traffic management departments by using big data technology.

Zhongke Guosheng

Series A in 2025
Zhongke Guosheng is research and development firm that designs and manufactures furan-based bio-based materials.

Deepway

Series B in 2024
Deepway is a manufacturer of smart vehicles focused on the truck freight market, offering advanced intelligent driving solutions. The company designs heavy-duty trucks characterized by low wind resistance and high-level intelligent driving capabilities. Its vehicles feature a distributed drive system with a modular design that operates on a unified hydrogen and electricity platform. This innovative approach allows the logistics industry to leverage smart freight systems, enhancing efficiency and sustainability in transportation.

Magic Star

Series C in 2024
Magic Star specializes in the manufacturing of high-precision open mental masks specifically designed for organic light-emitting diode (OLED) displays. These metal masks are crucial for the production process of OLED panels, allowing manufacturers to achieve high-resolution outputs while maintaining cost efficiency. By focusing on the quality and precision of their products, Magic Star supports OLED panel manufacturers in enhancing their production yields and overall performance.

Taoyuan Technology

Series A in 2024
Taoyuan Technology, founded in 2017, focuses on the research and development of solenoid valves and associated technologies. The company established its first subsidiary, Zhejiang Taoyuan Intelligent Technology Co., Ltd., in Deqing, Zhejiang, in 2018, followed by another facility in Ningbo, Zhejiang, in 2019. Taoyuan Technology specializes in the development of solenoid valve test systems, intelligent solenoid valve drive modules, intelligent solenoid coils, and intelligent solenoid valves. Its innovative products have gained significant traction in various industries, including hydraulic, pneumatic, and fluid valve sectors, positioning Taoyuan Technology as a key player in the market for advanced solenoid solutions.

Aurora Starcom

Series A in 2024
Aurora Starcom is a national high-tech company specialising in the research and development of space laser communication technology.

Garen Semiconductor

Seed Round in 2024
Garen Semiconductor specializes in the research and development, production, and sales of semiconductor materials, particularly focusing on gallium oxide substrates for gallium semiconductors. The company offers a range of products, including polished gallium oxide wafers available in various sizes, crystal orientations, and resistivities, as well as customizable gallium oxide seeds. These materials are primarily utilized in power electronic devices across several sectors, including national grid applications, new energy vehicles, rail transit, and 5G communications. Garen Semiconductor is committed to advancing semiconductor technology to support these critical industries.

Laser Link

Series B in 2024
Laser Link is a company specializing in laser communication technologies, focusing on the development of precision optical-mechanical products for various applications. Its innovations encompass inter-satellite communication systems, including co-orbit and off-orbit laser communication terminals and components. Additionally, Laser Link produces precision optical-mechanical payload machines designed for use in spaceborne, airborne, and ground communication environments. By offering advanced products and components, the company aims to enhance communication capabilities across satellite and aircraft platforms.

Jianxin Jiaren

Series A in 2024
Jianxin Jiaren is a manufacturing business that creates and markets chemical products and raw materials. It uses a chemical recycling system, discarded waste textiles, and uses chemical decomposition technology to reduce waste polyester materials into small chemical molecules. It reduces dependence on petroleum resources and waste generation.

HISTO

Series B in 2024
Histo Pathology Diagnostic Center is the first and largest independent third-party pathological diagnostic center in China.

Rebbeca Med

Series A in 2024
Rebecca is committed to the application of precision-controlled MEMS radio frequency technology in clinical disease control and rehabilitation. Its core technology comes from the core team's many years of experience and achievements in research and development and productization at the University of California, Fortune 500 medical equipment, and electronic equipment companies. The company cooperated with domestic university research institutes and many top three hospitals in Beijing, Shanghai, and Hangzhou to independently develop micro-radio frequency technology that surpassed similar products in Europe and America. It focuses on delivering innovative medical solutions to the hands of professional caregivers. Rebecca's team possesses technical expertise in micro-devices, RF, and device integration through years of field practice in micro-electronics and clinical innovation.

Microview

Series A in 2024
Microview is a high-tech enterprise specializing in the research and development of high-precision complex process chip packaging equipment.

Hongzheng Energy Storage

Series A in 2023
Hongzheng Energy Storage focuses on technological innovation and product research & development in the field of energy storage. It employs AI intelligence, big data analysis, cloud technology, and other energy digital technologies to develop a comprehensive range of energy storage products centred on BMS, PCS, EMS, and smart cloud platforms, as well as a cloud-edge-end cooperation system for energy storage systems.

SafeCare

Seed Round in 2023
SafeCare is an innovative therapeutics company that focuses on the technology realization, product development, and clinical implementation of new applications of electric field therapy.

Minieye

Series E in 2023
MINIEYE specializes in developing advanced vehicle visual sensing systems aimed at enhancing road safety and driver awareness. The company's technology detects various traffic elements such as vehicles, pedestrians, lanes, and traffic signals, helping drivers navigate more effectively. Additionally, MINIEYE incorporates in-cabin sensing capabilities that monitor the behavior and conditions of both drivers and passengers, analyzing factors like eyelid movement and body orientation. By leveraging deep learning algorithms, MINIEYE's systems are designed to function reliably in challenging weather and lighting conditions, thereby supporting safer driving and reducing the likelihood of accidents. The company's mission focuses on improving vehicle automation while prioritizing the safety of all road users.

Senad Technology

Series B in 2023
Senard offers machine vision technology through learning algorithms, image processing algorithms, pattern recognition algorithms, video analysis algorithms, ARM, FPGA, and DSP embedded software and hardware development, industrial vision positioning, visual tracking, visual detection, multi-sensor information fusion, and other technical means.

Haibo Biotechnology

Seed Round in 2023
Haibo Biotechnology is a biotech company that specializes in hypoxic fluorescent targeted drugs for tumors such as head and neck cancer and prostate cancer.

Zhejiang Tianneng New Material

Series A in 2023
Zhejiang Tianneng New Material manufactures batteries as well as recycles, removes, and re-uses old lithium batteries.

Cascade

Series A in 2023
Cascade produces novel medications that target nuclear receptors for treating metabolic disorders and inflammation.

Soft Robot Tech

Series C in 2023
SRT software robot is a technology company specializing in software robotics, including flexible SRT jaws, intelligent medical aids, etc.By studying the deformation mechanism of flexible materials, SRT designed a flexible gripper that can grip workpieces of different sizes, shapes and weights with a single claw. Introducing intelligent automation into the field where the grasping targets of traditional mechanical claws are difficult to apply. Unlike traditional mechanical claws, the flexible claws have a soft, pneumatic "finger" that adaptively covers the target without the need to know its exact shape and size in advance. Moreover, since the whole is made of a flexible material, the gripping action does not cause any damage to the workpiece, and is particularly suitable for a workpiece that is fragile or scratch-resistant.

Zozen

Series B in 2023
Zhuzheng Robotics is a medical robot manufacturer and developer specializing in minimally invasive spinal surgery. It specializes in researching new, intelligent, high-end medical devices with independent intellectual property rights, researching and developing products related to minimally invasive spinal surgery, and providing related services.

Lattice Microelectronics

Series A in 2023
Lattice Microelectronics promote the design and development, module manufacturing and vehicle application of power semiconductors.

China Reserve National Energy

Series A in 2023
China Reserve National Energy is a developer of air energy storage technology. This technology has the advantages of large scale, low cost, long life, clean and pollution-free, unlimited energy storage period, independent of fossil fuels and geographical conditions, etc.

Boundary Intelligent Control

Seed Round in 2023
Boundary Intelligent is specialized in creating airborne systems, such as flight control systems, that satisfy the needs of civil aircraft, as well as enhancing the ecology of the civil aviation industry and constructing aircraft perception, navigation, decision-making, and planning capabilities.

PuduTech

Series C in 2023
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

Hydrogen New Technology

Angel Round in 2023
Hydrogen New Technology is a technology company engaged in the miniaturization technology and industrialization of high-temperature proton exchange membrane fuel cells

A new energy

Venture Round in 2023
A new energy provides photovoltaic new energy system application solutions is committed to manufacturing and selling N-type high-efficiency photovoltaic cells, components, and system applications, as well as investing in and integrating power station construction and operation. They offer ecological photovoltaic, urban photovoltaic, and offshore PV solutions.

PuduTech

Series C in 2023
PuduTech takes catering industry as an entry point, and helps this traditional industry catch the first tide of Artificial Intelligence Era. They powers catering clients with robots to restructure their work flow, such as facilitating intelligent management, effective operation and standardized servicing. To liberate the attendants from laborious work, and let the robots do the job, is the mission of PuduTech.

Huasun Energy

Series B in 2023
Huasun Energy specializes in the production, and sales of high-efficiency silicon heterojunction cells and components. The company was founded in 2020 and is based in Hefei, China.

Life Biosciences

Series A in 2022
Life Biosciences provides animal behaviour analysis services. Their services include blood biochemistry, routine blood testing, pathological staining, immunohistochemistry, fluorescence, molecular experiments, cell experiments, flow cytometry, x-ray irradiation, and nuclear magnetic resonance.

Sinotech

Private Equity Round in 2022
Sinotech is a research and development manufacturer of tumor pathology, hematological tumors, cytogenetics, tuberculosis culture, and drug sensitivity diagnostic instruments and reagents. Sinotech products are classified into three categories: immunohistochemistry, molecular pathology, and tissue staining pathology.

Camsense

Series C in 2022
Camsense specializes in research and development as well as manufacturing of vision space positioning technology. The company offers high-precision sensors powered by its proprietary algorithms and chips. Its products are designed for a variety of applications, including consumer robotics, industrial testing, and surgical procedures. Additionally, Camsense's technology integrates advanced positioning algorithms and high-performance image processing chips, enabling businesses to enhance their products with precise positioning capabilities. This technology is applicable in household appliances, such as automated vacuums and monitoring systems, as well as in machine vision for industrial applications.

WuXi Bo Rui Biotechnology

Series A in 2022
WuXi Bo Rui Biotechnology develops a radioactive molecular imaging and nuclear drug transformation platform for the precise diagnosis and treatment of tumors. WuXi Bo Rui Biotechnology focuses on the transformation and development of new radionuclide drugs, covering multiple fields of small molecules, peptides, and antibodies, for the diagnosis and treatment of tumors, using their professional platform for targeted precursor design, screening, and radionuclide labeling. While increasing the efficiency of research and development, it also fully utilizes the benefits of accurate nuclear medicine diagnosis and treatment

Hsmap

Series B in 2022
Hsmap is a medical innovation and entrepreneurship big data platform. The company is based in Hangzhou, Zhejiang, China.

Yuce Biotechnology

Series A in 2022
Yuce Biotechnology is a high-tech company focused on the industrialization of single-molecule immunodiagnostic technologies.

Huachen Core Light

Angel Round in 2022
Huachen Core Light is a semiconductor technology company that produces and manufactures optical communications and laser chips.

A new energy

Venture Round in 2022
A new energy provides photovoltaic new energy system application solutions is committed to manufacturing and selling N-type high-efficiency photovoltaic cells, components, and system applications, as well as investing in and integrating power station construction and operation. They offer ecological photovoltaic, urban photovoltaic, and offshore PV solutions.

Zhongxing Zhilian

Angel Round in 2022
Zhongxing Zhilian is an integrated service provider of microsatellites and satellite constellations integrating R&D, manufacturing and operation. It was incubated from the Microsatellite Research Center of Zhejiang University.

LIGOO

Venture Round in 2022
Anhui Ligoo New Energy Technology Co., Ltd. is a private company based in Hefei, China, established in 2010. The firm specializes in the research, development, production, and sales of electronic control systems for new energy vehicles. Ligoo manufactures various components, including battery management systems, battery packs, electric drive systems, and charging equipment. The company aims to enhance the functionality and reliability of new energy vehicles, contributing to the broader goal of transforming China into an automotive technology leader. By focusing on innovative solutions, Ligoo seeks to support the global shift towards sustainable transportation and empower millions of households with advanced automotive technologies.

Hillgene

Seed Round in 2022
Hillgene operates as a cell process development and quality control testing platform focused on the drug development and manufacturing of cell-based therapies. The company offers a comprehensive suite of services, including contract development and manufacturing, which supports the creation of a range of therapies such as CAR-T, TCR-T, and stem cell drugs. Hillgene has developed specialized technologies, including a plasmid construction platform and a suspension serum-free virus production platform, that facilitate strict quality assurance throughout the cell drug process. This integrated approach enables partners to efficiently progress from drug discovery to delivery while ensuring high standards in quality control.

Zhide New Energy

Series B in 2022
Zhide New Energy is a developer of approaches to synthetize new silicon anode materials. They focuses on silicon technology that can be applied to produce new materials. They also produce battery with high energy density and low cost. They manufactures battery for 3C and EV. They provide batteries for fields, such as electric vehicles, consumer electronics, house power storage, and wearable devices.

WITINMEM

Series B in 2022
Founded in Oct. 2017, WITINMEM focuses on Low cost, low power AI chips and system solutions based on processing-in-memory technology in NOR Flash memory. This technology performs the inference step of deep neural networks inside the NOR Flash memory that stores the processing weights long term – bringing huge advantages in performance, power, and accuracy. WITINMEM’s platform frees local AI from the cloud and is committed to the realization of ubiquitous AI smart devices.

Enzymaster

Series C in 2022
Enzymaster (Ningbo) Bio-Engineering Co., Ltd. specializes in the development and commercialization of innovative enzyme technologies and biocatalytic synthesis for various industries, including pharmaceuticals, food, and environmental applications. Founded in 2013 and based in Ningbo, China, the company produces a range of products, such as L-tert-leucine and D-Calcium Pantothenate, aimed at enhancing the production of active pharmaceutical ingredients, fine chemicals, and consumer goods. Enzymaster is committed to sustainable practices and focuses on environmentally friendly manufacturing through enzyme-directed evolution and strain engineering. By advancing these technologies, the company seeks to improve both societal and environmental outcomes while promoting safer manufacturing processes.

Okai

Series A in 2022
Okai is an electrical company that manufactures light electric vehicles for consumers. The company's core products are smart electric short-distance travel tools such as e-scooters and e-bikes. Through the dual drive of sharing and consumption, it offers users one-stop multi-scenario smart travel solutions. It also helps people everywhere to move across cities, campuses, and communities in ways that are safe, simple, and fun.

Ori Biotech

Series B in 2022
Ori Biotech is a developer of a manufacturing platform designed to enhance access to lifesaving treatments through cell and gene therapies. The company has created a proprietary and flexible manufacturing system that automates and standardizes the production process, facilitating the transition of therapeutics from pre-clinical development to commercial-scale manufacturing. By integrating advanced hardware, software, data, and analytics, Ori Biotech's platform aims to increase throughput, improve quality, and reduce costs for therapeutics developers. This innovative approach is intended to accelerate the commercialization of cell and gene therapies, ultimately providing patients with a new generation of personalized and effective treatments.

Magic Star

Venture Round in 2022
Magic Star specializes in the manufacturing of high-precision open mental masks specifically designed for organic light-emitting diode (OLED) displays. These metal masks are crucial for the production process of OLED panels, allowing manufacturers to achieve high-resolution outputs while maintaining cost efficiency. By focusing on the quality and precision of their products, Magic Star supports OLED panel manufacturers in enhancing their production yields and overall performance.

bit.bio

Series B in 2021
Bit.bio is a synthetic biology company focused on revolutionizing cell therapies by providing consistent and functional human cells for research and medical applications. The company aims to democratize access to these cells through its patented opti-ox™ technology, which safely reprograms human induced pluripotent stem cells (iPSCs) into highly defined, mature cell types. By applying computational principles to biology, Bit.bio seeks to develop a scalable platform that produces consistent batches of human cells. This innovation has the potential to enhance drug discovery and research, moving away from traditional models to work directly with the cells impacted by human diseases. With a team of experts in stem cells, cellular reprogramming, and mathematical modeling, Bit.bio is positioned to support a new generation of cell and tissue therapies, ultimately contributing to advancements in health and medicine.

Shenzhen bode Zhi Yuan Biotechnology

Seed Round in 2021
Based on the world’s leading microfluidic integrated chip technology, R&D, production and sales of " All-in-One " and " Sample in Result out " fully integrated automatic molecular diagnostic products, fully enclosed chip design, prevent aerosol cross-contamination, and bid farewell to molecules In the era when laboratories need independent construction, we reshape the MDx industry pattern of molecular diagnostics .

Huasun Energy

Series A in 2021
Huasun Energy specializes in the production, and sales of high-efficiency silicon heterojunction cells and components. The company was founded in 2020 and is based in Hefei, China.

LaiHua

Series C in 2021
LaiHua is a creative design platform for presentation and animation video creation.

GX Pharma

Series B in 2021
GX Pharma is a contract research organization (CRO) that specializes in the research and development of new drugs and clinical research. The company provides comprehensive clinical research services and registration solutions for novel drugs, biological products, and medical devices. By streamlining the product listing cycle, GX Pharma helps its clients expedite the market introduction of their products. Since 2018, GX Pharma has been recognized as one of the top outsourcing companies in China's pharmaceutical industry, reflecting its commitment to excellence and innovation in the field.

Lanran

Series C in 2021
Lanran is a provider of fluid separation and industrial wastewater treatment services in China, focusing on advanced technologies such as ion exchange membranes and electrodialysis. The company specializes in offering effective solutions for waste fluid separation and recycling, addressing the needs of major industrial engineering projects. By utilizing innovative techniques, Lanran aims to enhance waste management and control processes, contributing to improved environmental sustainability in industrial operations.

FDMTEK

Seed Round in 2021
Zhongke Benyuan manufactures digital signal processor (DSP) chips. It provides DSP products and solutions for industrial control, renewable energy, electric vehicles, household appliances, rail transit, and other applications.

Pingxin Technology

Seed Round in 2021
Pingxin Technology aims to transform and accelerate the advancement of AI computing by fully integrating data storage and computing into a combined chip architecture, cutting costs and improving efficiency.

Geometrical-Pal

Seed Round in 2021
Geometrical-PAL is a Chinese company focused on the development of autonomous driving technology. It specializes in creating hardware and software solutions for Advanced Driving Assistance Systems (ADAS). The company produces imaging radars and sensors, aiming to enhance safety and efficiency in the development of autonomous and connected vehicles. Through its innovative technology, Geometrical-PAL is positioned to contribute significantly to the advancement of the automotive industry.

Quanta

Series D in 2021
Quanta is a medical devices company that develops advanced haemodialysis systems for use in the home and clinic. Quanta is focused on the commercialisation and ongoing development of SC+, an innovative cartridge-based haemodialysis system. SC+ is a high performance, compact haemodialysis system providing clinical efficacy by utilising typical flow rates of traditional in-centre machines. SC+ supports the entire ‘Continuum of Care’ for dialysis patients, from nurse-assisted treatment through self-care in centre to home haemodialysis. Their system facilitates the seamless transition between treatment modalities providing the best tool to enable flexibility for patients, and treatment options for physicians.

Zhongxuegao

Series A in 2021
Zhongxuegao is a Chinese ice cream brand. Zhong Xuegao is taking the route of high-end Chinese-style ice cream. Zhong Xuegao has made many innovative attempts in the expression of flavors in different regions, including light/special milk, velvet cocoa, and Ireland Ice cream products with different flavors such as aged cheese, hand-cooked jasmine, and wine-stuffed roses. Zhong Xuegao also launched a series of themed joint products with Luzhou Laojiao , Naixue's Tea, Wufangzhai, Hema, Wahaha AD calcium milk and other brands. Zhong Xuegao’s offline business has been in operation for a long time, and the brand began to deploy offline channels in the first year of its establishment, and has now opened more than 20 offline stores.

Cool Academy

Series B in 2021
Cool College is a SaaS enterprise intelligent & digital management learning platform for corporate and employee training services.

Shulan Health

Series D in 2021
Shulan Hospital is a hospital center that provides rehabilitation, nutrition, health examination, and remote-consultation services.

Matridx

Series B in 2021
Matridx is a company based in Hangzhou, China, specializing in the development, production, and sales of molecular diagnostic products aimed at infectious diseases. The company offers PDC-Seq, a technology that enables high-throughput sequencing of nucleic acids from samples collected from infected patients. Matridx utilizes advanced molecular technologies, including gene editing techniques and high-throughput sequencing, to create reliable genetic testing solutions. The company's focus is on simplifying, accelerating, and enhancing the diagnostic process for infectious pathogens, ultimately supporting major medical companies in their diagnostic efforts.

Core Medical Technology

Series B in 2021
Core Medical Technology is a technology enterprise mainly engaged in the research, production, development, and sales of implantable left ventricular assist devices, extracorporeal ventricular assist devices, percutaneous interventional ventricular assist devices, and equipment. The company was founded in 2016 and is based in Shenzhen, China.

SyMap Medical

Series D in 2020
SyMap Medical focuses on developing and manufacturing a proprietary catheter-based system for renal mapping and ablation, specifically aimed at treating hypertension and various other serious conditions, including heart failure, arrhythmia, and renal failure. The company's core technology platform is based on radiofrequency (RF) ablation, which is integral to its approach in renal nerve mapping and selective ablation. This innovative medical device is designed to enhance treatment options for patients suffering from these significant health issues.

Congenica

Series C in 2020
Congenica is a biotechnology company based in Cambridge, Cambridgeshire, that specializes in clinical genomics. Founded in 2013, it offers a diagnostic decision support platform known as Sapientia, which integrates human DNA sequences with comprehensive clinical phenotyping. This platform enables clinicians to interpret genetic diseases more effectively by identifying mutations and filtering clinically relevant variants. By facilitating personalized medicine approaches, Congenica supports both clinicians and researchers in advancing patient care and research in the field of genetic diseases.

RaySea Technology

Series A in 2020
RaySea specializes in the development and supply of vertical-cavity surface-emitting laser (VCSEL) technologies, focusing on applications in consumer electronics and data communication. The company offers a range of products, including VCSEL chips that are integral to 3D imaging modules. RaySea is committed to providing electronic manufacturers with high-quality, cost-effective VCSEL solutions. Its expertise encompasses various aspects of VCSEL design and manufacturing, including chip design and simulation, epitaxial growth, process management, chip packaging, and high-frequency testing. Additionally, RaySea leverages big data analysis to enhance its product offerings and meet the needs of its clients.

Defeng Technology

Series A in 2020
Defeng Technology is dedicated to providing cloud service, digital twin, PHM, faults diagnosis, safety production early warning and pre-judgment system, digital application and other services for large energy and power companies, petrochemical companies, tobacco companies and manufacturing companies.

YEESTOR

Series B in 2020
YEESTOR Microelectronics focuses on the developing and sales of storage controllers and manufactures of NAND Flash memory control chips. YEESTOR has been dedicated to continuous technical innovation, professional technical support and one-stop service for customers to achieve faster design cycles, higher resource utilization efficiency, and a more reliable storage system. YEESTOR closely follows the frontier of the market, compactly cooperates with module manufacturers and system manufacturers with overall arrangement, providing customers with complete turnkey solution and customized development platform. YEESTOR has mastered numerous key technologies in the industry, has various core invention patents at home and abroad, and has extensive global market operations experience. YEESTOR’s main product are storage controllers, including PCIe SSD Controller, SATA SSD Controller, UFS Controller, eMMC Controller, USB Controller, SD Controller and Security Storage Controller. Products are widely applied in data centers, servers, PCs, smart phones, tablet computers, smart homes, Internet of things, etc. YEESTOR was established in 2017 with headquarter in Shenzhen, branching in Hong Kong, Taiwan Hsinchu, Shanghai, Hefei and other places. YEESTOR was formed by the merger of SiliconGo (founded in 2007) and Auspitek (founded in 2015). YEESTOR is a significant global supplier of flash memory controller. Up to 2017, the cumulative shipments of YEESTOR and its predecessors reached 700 million units, which makes for a leader position in the industry.

FIT2CLOUD

Series C in 2020
FIT2CLOUD, established in 2014, is a prominent provider of Multi-Cloud Management Platform solutions in China. The company focuses on enhancing the cloud management experience for enterprise customers navigating multi-cloud environments, addressing challenges related to IT operation security and continuous application delivery. FIT2CLOUD offers a range of products, including its Cloud Management Platform, JumpServer (an open-source fortress machine), DataEase (an open-source data visualization and analysis platform), and MeterSphere (an open-source continuous testing platform). Through these offerings, FIT2CLOUD enables enterprises to effectively manage and control their cloud services, thereby facilitating digital transformation and improving operational efficiency.

Perspectum

Venture Round in 2020
Perspectum is a global medical technology company that focuses on improving care for patients with liver disease, diabetes, and cancer. By utilizing advanced imaging and genetics, the company emphasizes precision medicine to enhance early detection, diagnosis, and targeted treatment of complex health issues. Perspectum's diverse team, which includes physicians, biomedical scientists, engineers, and technologists, works collaboratively to develop innovative digital technologies. Their aim is to empower both patients and clinicians by providing quantitative health assessments, enabling more effective management of metabolic diseases and multi-organ pathology.

Matridx

Seed Round in 2020
Matridx is a company based in Hangzhou, China, specializing in the development, production, and sales of molecular diagnostic products aimed at infectious diseases. The company offers PDC-Seq, a technology that enables high-throughput sequencing of nucleic acids from samples collected from infected patients. Matridx utilizes advanced molecular technologies, including gene editing techniques and high-throughput sequencing, to create reliable genetic testing solutions. The company's focus is on simplifying, accelerating, and enhancing the diagnostic process for infectious pathogens, ultimately supporting major medical companies in their diagnostic efforts.

Natrox

Venture Round in 2020
Natrox is a wound-care company that has developed an innovative device designed to enhance the healing of chronic wounds. This battery-powered medical device generates a continuous flow of pure humidified oxygen from ambient air and delivers it directly to the wound site through a specialized Oxygen Delivery System. This process refreshes the wound while allowing the natural drainage of fluids. Natrox is particularly beneficial for patients with chronic wounds, including diabetic foot ulcers, pressure ulcers, and arterial and venous leg ulcers. Additionally, the company utilizes artificial intelligence to analyze wound images, enabling healthcare professionals to monitor healing progress and communicate in real-time about patient treatment.

iCloudUnion

Series B in 2020
Chengdu Shuzhilian Technology is a big data and artificial intelligence product and solution provider with computer vision technology, multi-dimensional data analysis and mining technology, and natural language processing technology as its core.

Galactic Energy Aerospace Technology

Seed Round in 2020
Galactic Energy Aerospace Technology is a private aerospace company that engages in the low-cost commercial space launch business. Galactic Energy's key products and services include the launch service for the CERES-1 solid propellant launch vehicle, the launch service for the PALLAS-1 liquid propellant launch vehicle, the Light Year series solid propellant engine, the Welkin series liquid propellant engine, and the Edge series attitude and orbital control system.

MindMotion

Venture Round in 2020
MindMotion is an electronics company based in Shanghai, China, founded in 2011. The company specializes in developing general-purpose 32-bit microcontroller (MCU) products, focusing on those built around Arm Cortex-M series cores. MindMotion's product lineup includes four series—F, L, SPIN, and W—comprising over 200 models, and the company has delivered more than 300 million units, positioning itself among the leading local manufacturers in this sector. The technology developed by MindMotion enables clients to integrate advanced chip technology into applications such as wireless control motors, providing high-quality MCU solutions at a competitive cost.

Panda Buwan Cake

Venture Round in 2020
Panda Buwan Cake is a cake e-commerce company that sells birthday cakes and integrates the characteristics of cakes from all over the world.

Shuimu BioSciences

Angel Round in 2020
Shuimu BioSciences specializes in providing advanced technical services to pharmaceutical and biotech companies, focusing on the discovery and development of novel therapeutics. Utilizing cutting-edge cryo-electron microscopy (cryo-EM) technology, along with proprietary GraFuture technologies and AI-driven data processing, Shuimu offers a range of services including drug target verification, compound library screening, and molecular structure imaging. With a robust infrastructure that features eight high-capacity cryo-EM systems, the company aims to facilitate the development of precision medicines for complex diseases. By delivering comprehensive and innovative solutions from sequence analysis to structural insights, Shuimu BioSciences positions itself as a vital partner in the realm of structure-based drug and therapeutic innovation.

Nebula Link

Series A in 2019
Nebula Link specializes in vehicle-to-road collaboration technology, focusing on the development of comprehensive vehicle-to-everything (V2X) solutions. The company provides a range of products, including intelligent roadside terminal stations, vehicle multi-mode antennas, traffic signal sensing monitors, and area synergy controllers. In addition to its hardware offerings, Nebula Link also delivers a V2X protocol stack and professional research and development tools, supporting mass production and testing of V2X applications. By enabling effective communication between vehicles, infrastructure, and the cloud, Nebula Link aims to facilitate advancements in autonomous driving and contribute to the development of smart cities, ultimately transforming the future of mobility.

Thorough Future

Seed Round in 2019
Thorough Future specializes in the integration of advanced technology within the medical sector, focusing on enhancing diagnostic services in clinical medicine. The company leverages artificial intelligence and big data to offer intelligent diagnosis and predictive services for pathology images. This innovative approach aims to improve diagnostic accuracy and efficiency, particularly for cancer patients, by providing personalized treatment recommendations. Through its commitment to integrating cutting-edge technology into healthcare, Thorough Future seeks to transform the way medical diagnoses are conducted and treatments are tailored.

Emotibot

Series B in 2019
Emotibot Technologies Limited, founded in 2015 and based in Shanghai, specializes in developing artificial intelligence systems that enable robots to understand and respond to human emotions. The company offers a range of products, including personal bots, financial bots, and service bots, which utilize multi-modal emotion recognition and machine learning technologies. These systems facilitate human-like interactions through capabilities such as voice recognition, vision understanding, and affective computing. Emotibot's solutions cater to various sectors, including e-commerce, finance, smart devices, and call centers, enhancing user experience and operational efficiency by understanding customer intent and inquiries throughout the sales cycle. The company's innovative approach positions it as a significant player in the emotional intelligence and robotics field.

Tinychip

Angel Round in 2019
Tinychip is a microelectronics company specializing in the development of analog-to-digital hybrid automotive chips and internet of things (IoT) technology. Focused on serving the greater China area, Tinychip's products support multiple frequencies and are designed for use in smart home devices and various electronic systems. By providing high-quality chips, the company enables electronics manufacturers to enhance the performance and functionality of their products.

Medvance

Series A in 2019
Medvance is one of the pioneers in the development of 3D printed PEEK medical implants. Evonik has always been our trusted raw material partner. This investment will further promote The company's development has helped us bring innovative solutions to patients and doctors in China and then to the world."

Guobang Pharmaceutical

Venture Round in 2019
Guobang Pharma engages in the R&D, production, and sale of products in the pharmaceutical and veterinary fields. Its pharmaceutical division covers active pharmaceutical ingredients and key pharmaceutical intermediates and preparations. The veterinary division covers active pharmaceutical ingredients, additives, and preparations of animal health products.

ByteDance

Venture Round in 2019
ByteDance is a technology company that develops and operates a range of content platforms, most notably TikTok and Douyin. It aims to enhance user experiences through innovative technology, allowing individuals to connect, create, and consume content seamlessly. The company specializes in mobile applications that cater to online media, entertainment, and social networking, leveraging artificial intelligence to deliver personalized content that aligns with users' preferences. In addition to its flagship platforms, ByteDance provides tools that facilitate content creation and collaboration, reflecting its commitment to enriching lives through technology.

WITINMEM

Series A in 2019
Founded in Oct. 2017, WITINMEM focuses on Low cost, low power AI chips and system solutions based on processing-in-memory technology in NOR Flash memory. This technology performs the inference step of deep neural networks inside the NOR Flash memory that stores the processing weights long term – bringing huge advantages in performance, power, and accuracy. WITINMEM’s platform frees local AI from the cloud and is committed to the realization of ubiquitous AI smart devices.

Cambridge Touch Technologies

Series B in 2019
Cambridge Touch Technologies, Ltd. specializes in developing innovative touch technology for smart devices, including smartphones, tablets, and applications in automotive and industrial sectors. The company's flagship offering, UltraTouch, integrates a proprietary artificial intelligence engine with advanced piezoelectric force film to create an all-in-one touch and force sensor architecture. This technology not only enhances the user experience by enabling three-dimensional touch capabilities but also offers superior functionality at a lower cost. UltraTouch is designed to be scalable, accommodating various device sizes and shapes, including curved and foldable formats, thereby ensuring versatility in application across multiple industries.
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