Puhua Capital

Puhua Capital is an equity investment firm based in Hangzhou, China, founded in 2004. The firm specializes in venture capital, focusing on early to middle-stage projects within the internet, health, and technology sectors. Puhua Capital not only invests funds but also provides crucial resources and management expertise to the enterprises it supports. With a portfolio that includes nearly 300 promising start-ups, Puhua Capital aims to foster innovation and growth in its targeted industries.

Lu Jianliang

Vice President

Shen Qinhua

Founder and Managing Partner

Wang Hongwen

Managing Director

Zhou Mi

Managing Partner

Zhu Baolin

Vice President

Past deals in Self-driving

Multiway Robotics

Series B in 2025
Multiway Robotics specializes in intelligent intralogistics solutions, focusing on autonomous guided vehicles (AGVs) and automated forklifts. Its customer base spans various industries including machinery manufacturing, food and beverages, metallurgical materials, chemical energy, automobile manufacturing, and cold chain logistics.

Bibost Automotive Electronics

Series B in 2025
Bebest Automotive Electronics specializes in the production and research of advanced automotive electronic products. The company focuses on developing intelligent chassis core components and chassis domain controllers, which are essential for modern vehicle systems. Additionally, Bebest offers technical services related to autonomous driving, as well as electronic mechanical brake systems and steering-by-wire systems. By providing high-quality solutions for chassis-by-wire technology, Bebest aims to meet the growing demands of the global automotive market.

Minieye

Series E in 2023
Minieye develops advanced driver-assistance systems (ADAS) for safer driving. Its core product is a vehicle visual sensing system that detects free space and various traffic objects, enhancing driver awareness. Additionally, Minieye's in-cabin sensing technology monitors passenger and driver conditions to improve safety and automation levels.

Ligoo Technology

Venture Round in 2022
Anhui Ligoo New Energy Technology Co., Ltd. is a private company based in Hefei, China, founded in 2010. It specializes in the research, development, production, and sales of electronic control systems for new energy vehicles. Ligoo manufactures a range of products, including battery management systems, battery packs, electric drives, and charging equipment. The company is focused on enhancing the practicality and reliability of new energy vehicles, aiming to contribute to the transition of China from a major automotive consumer to a leader in automotive technology. Ligoo's innovations are designed to support the growing demand for efficient and sustainable transportation solutions globally.

Pony.ai

Series A in 2018
Founded in 2016, Pony.ai develops artificial intelligence software for autonomous mobility deployment, focusing on manufacturing automated vehicles and offering public-facing Robotaxi services. The company operates fully driverless robotaxis through the PonyPilot mobile app in major Chinese cities.

Minieye

Series A in 2018
Minieye develops advanced driver-assistance systems (ADAS) for safer driving. Its core product is a vehicle visual sensing system that detects free space and various traffic objects, enhancing driver awareness. Additionally, Minieye's in-cabin sensing technology monitors passenger and driver conditions to improve safety and automation levels.
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