Shenzhen Capital Group

Shenzhen Capital Group Co., Ltd (SCGC) is a venture capital firm founded in 1999 by the Shenzhen Government. The company is dedicated to fostering national industries, developing national brands, and promoting economic transformation through investments in emerging sectors. SCGC primarily targets small to medium enterprises and innovative high-tech companies, focusing on those in various stages of growth, including startups and those undergoing transformation. Its investment portfolio spans industries that align with national policy support, such as information technology, internet services, new media, biopharmaceuticals, new energy, environmental protection, chemical engineering, and high-end equipment manufacturing. With a registered capital of 5.42 billion RMB and significant assets under management, SCGC has established itself as a leader in the venture capital landscape, having invested in numerous companies, many of which have achieved public listings across global capital markets.

Fang Aihua

Investment Director

Haitao Jin

Chairman

Zhou Songgan

Investment Manager

Lin Yunyu

Investment Director

Past deals in Internet of Things

Aerospace China Electronics

Series A in 2024
Aerospace China Electronics is a chip solution vendor that serves the military and civilian industries for Internet of Things connectivity, security, and terminal intelligence.

Deep Intelligent Control

Series A in 2023
Deep Intelligent Control is a service provider for digital intelligence innovation and energy conservation. They conduct research and develop a new generation of products and technologies for energy efficiency and Internet of Things (IoT) intelligent control, empowering the building and industrial energy-saving industries, realizing significant energy savings in electromechanical energy systems, and assisting businesses in becoming digitally intelligent, resulting in a 2% reduction in carbon emissions.

Hainayun

Series A in 2022
Hainayun, a prominent entity within the Haier Group, focuses on developing an Internet of Things (IoT) digital city eco-platform in China. The company is dedicated to creating smart communities and smart parks essential for building smart cities. Hainayun aims to establish itself as a leader in this sector by setting industry standards that promote the development of a Digital China. Its offerings include digital infrastructure construction, building life cycle management, and services related to the Artificial Internet of Things (AIoT) and big data operations. Through these initiatives, Hainayun is positioned to facilitate the establishment of advanced digital urban environments.

EPiCMEMS

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

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.

Ling Yan Technology

Series A in 2021
Linkin Technology focuses on the two major business directions of intelligent IoT and 5G products and applications. Domestically and globally, it is committed to providing 5G innovative and intelligent products and services for individuals, families, enterprises, and governments. The company has a relatively complete product system including algorithms, modules, platforms, applications, and terminals, and has established in-depth strategic partnerships with many domestic and foreign operators, governments, industry customers, and upstream and downstream industry chain partners. The company was founded in 2018 and is headquartered in Hefei High-tech Zone.

ZDNS

Series B in 2021
ZDNS is engaged in the technical research and innovation of the internet domain name service system and the IP address service system. Their solutions include education, finance, large-scale enterprise, and the internet.

Changyang Tech

Series E in 2021
Changyang Technology is a provider and developer of industrial IoT cybersecurity solutions. The company offers a comprehensive range of services aimed at enhancing security for the industrial Internet and critical infrastructure. Its product lines include security protection, monitoring and auditing, vulnerability scanning and mining, security testing tools, industrial terminal security, security situational awareness, and industrial big data applications. Changyang Technology is dedicated to fostering situational awareness and ensuring the security of big data applications, thereby delivering integrated security solutions tailored to the needs of its customers in the industrial sector.

Htrip

Series A in 2020
Htrip is a Tourism company that specializes in providing hotel's Internet communication platform. The company is committed to upgrading interactive TV, wifi and IoT hardware in hotel rooms by self-investment hardware or hotel joint investment, and combining it with the hotel's original PMS management system. Htrip was founded in 2016 and headquartered in Guangdong, China.

FJ Dynamics

Venture Round in 2020
FJ Dynamics is a global robotics company founded in 2017 and headquartered in China. The company specializes in developing digital and autonomous solutions for various sectors, with a strong focus on agriculture and construction. FJ Dynamics integrates advanced technologies such as big data, the Internet of Things, deep learning, unmanned driving, and machine vision to create intelligent logistics robots and innovative agricultural machinery. Their product offerings include intelligent ground robots, terminal unmanned logistics systems, agricultural robots, and high-speed rice transplanters. By enhancing productivity and efficiency in the agricultural industry, FJ Dynamics aims to transform traditional practices through automation and smart technology.

EigenCOMM

Venture Round in 2019
EigenCOMM Ltd. is a Shanghai-based company established in 2017, specializing in the research, development, and sales of cellular network internet chips. The firm focuses on providing complete solutions for Internet of Things (IoT) ecosystems, particularly in the realm of smart home appliances. EigenCOMM's product line includes standard NB-IoT terminal chips, which ensure comprehensive coverage of cellular data connections and extended standby times, positioning the company as a key player in the IoT market.

MoreSec

Series A in 2019
Moan Technology is a company in the field of enterprise services. It is committed to integrating threat intelligence technology and artificial intelligence technology into the enterprise security defense system, providing enterprises with a total security solution in the cloud computing and IoT era.

StarPoint Technology

Seed Round in 2018
Guangdong Xingyu Technology Co., Ltd. develops next-generation positioning technology and high-precision maps with full-scenario, high-precision, and multi-source integration, and constructs a trinity of "cloud-network-end" The precise space-time ecological cloud serves and empowers partners in industries such as new infrastructure, the Internet of Things, and autonomous driving. It is a top domestic precision space-time cloud service provider based on Beidou technology.

XTX Technology

Series A in 2018
XTX Technology Limited is a semiconductor company based in Shenzhen, China, specializing in high-reliability and cost-effective memory products. The company manufactures a variety of flash memory solutions, including NAND MCP, NOR MCP, SD NAND, SPI NAND, SPI NOR Flash, and eMMC, which are designed for embedded applications across multiple sectors such as mobile devices, automotive equipment, security systems, point-of-sale terminals, home appliances, and Internet of Things devices. In addition to its memory products, XTX Technology offers SIP assembly services aimed at optimizing customer bill of materials costs and enhancing production efficiency, while also improving software intellectual property security. The company’s innovative technology supports a wide range of applications, contributing to advancements in consumer electronics, network communications, and industrial and medical fields.

Standard Robots

Seed Round in 2017
Standard Robots, established on June 14, 2016, in Baoan, Guangdong, specializes in the research, development, manufacturing, and marketing of laser SLAM autonomous mobile robots (AMRs) and Robot Internet of Things (RIoT) software systems. The company targets the semiconductor, auto parts, and energy industries, offering standardized solutions that enhance the flexibility and agility of mobile robots in manufacturing environments. By focusing on repeatable algorithm application scenarios, Standard Robots enables clients to achieve intelligent logistics transformation, providing a scalable application with predictable outcomes and dedicated services.

Infinitas Interactive Media

Post in 2017
Infinitas Interactive Media provides big data and Internet advertising services.

Youon Bike

Series A in 2017
The company's original intention is to become the leading international green transport system suppliers and operators, through their IoT technology and large data platform, Youon provides a comprehensive and three-dimensional green transport service for partnered cities. Youon also acts as a stimulus in promoting the whole society to develop a "green travel, low-carbon environmental protection," mentality and living habit for the city in different regions in China. Youon has successfully in more than 200 counties across the country to promote public bicycle projects, the cumulative construction of 30,000 public bicycle site, 700,000 public bicycles and system equipment to provide technical support and services. Now the Youon national public bicycle system has over 15 million active users, the highest number of rent & return per day was recorded at 2.2 million times. In order to better serve the general public, Youon has set up 105 branches and operations centers nationwide, and 4,500 Youon Employees are dedicated to providing green and convenient service to the public. Youon now focuses on technological innovation and service innovation, their platform "Internet +" Yongan public bicycle system, support Alipay, micro letter, APP three ways of QR Code scan for bike rental.

Infinitas Interactive Media

Angel Round in 2014
Infinitas Interactive Media provides big data and Internet advertising services.

Nanjing Shouwangxing IT

Venture Round in 2013
Nanjing Shouwangxing IT Co., Ltd. (守望星科技) is a Chinese company specialized in international software outsourcing and the development of internet hardware and software systems. The mobile internet (MI) department of the company covers all mobile terminal services and majors in Android mobile product development, IMS, VOIP, explorer, e-book, LBS, PIM, various mobile applications, App Store, App Market, OVI Store, Android digital frame, Android TV, and more. Shouwangxing IT primarily targets the Chinese, American, and European markets.

Basewin Technology

Series A in 2012
Shanghai Basewin Technology Co., Ltd. (上海盛本通讯) is a Chinese company providing industry informatization solutions. With the technology accumulation in Qualcomm’s high-end communications processing platform, as well as Android and Windows mobile operating systems over years, the company provides customers with high-end and differentiated smartphone terminal technology solutions for consumption. Combining with special needs of industrial applications, it provides customers with smart terminal technology solutions that target specific industries such as administrative law enforcement, financial POS and data acquisition, and others. The smart terminal researched and developed by the company has been successfully applied in the industries such as public security, finance, logistics, traffic, petrochemical engineering, tobacco industry, and more.

Keda Automation Control

Series A in 2012
Keda Automation Control specializes in industrial Internet technology, focusing on providing comprehensive solutions for mine data monitoring and automatic control systems, as well as municipal data remote monitoring systems. The company offers a range of products, including the Equipment Cloud platform, smart site intelligent terminal products, and mine intelligent control systems. In addition to these products, Keda Automation Control provides year-round on-site and online automation technology services to address various customer needs throughout the production process.

idea

Venture Round in 2010
idea offers the development and research of mobile internet technology. They conduct research and development on wearable and smart home products, such as smart insoles, diapers, and more. They accurately and promptly record the users' physiological index data.

Unionman

Series A in 2009
Unionman works on home multimedia information terminals, smart home network communication gear, internet of things communication modules, optical communication modules, smart security gear, and associated software platforms and systems. Their products include home multimedia information terminals, IoT communication modules, smart home network communication hardware, and commercial applications. Smart city solutions, including those developed through research and development, produced, sold, and supported.

C2 Microsystems

Venture Round in 2009
C2 Microsystems, Inc. manufactures media processor devices for the broadband delivery of rich media content over the Internet and private networks. The company develops programmable SOC, which includes a software package for networked digital home and mobile entertainment. It offers Jazz Architecture that supports the encoding and decoding of content using audio and video codecs in resolutions up to high definition; Jazz Software Development Kit, a Linux-based software package, which is used for the development of networked digital home and portable entertainment products; and CC1100 Media Processor, a software-programmable media processor SOC device for video entertainment applications. The company’s products are used in various applications, such as network media player, personal video recorder, digital picture frame, digital signage, IP camera, and Internet TV. C2 Microsystems, Inc. was founded in 2004 and is based in San Jose, California. It has sales offices in China, Germany, Japan, Korea, Taiwan, the United Kingdom, and the United States.

Semiconductor Manufacturing International

Series C in 2003
Semiconductor Manufacturing International Corporation (SMIC) is a leading semiconductor foundry based in Shanghai, China, established in 2000. It specializes in the design and manufacturing of integrated circuits (IC) and offers a comprehensive range of services including computer-aided design, wafer fabrication, testing, packaging, and assembly. SMIC operates advanced fabrication facilities, including 300mm and 200mm fabs in various locations such as Beijing, Tianjin, and Shenzhen, and provides technology services for process nodes ranging from 0.35 microns to 28 nanometers. The company serves a diverse clientele, including integrated device manufacturers, fabless semiconductor firms, and system companies, with its products utilized in sectors such as artificial intelligence, data centers, automotive, consumer electronics, and the Internet of Things. SMIC is recognized as the largest foundry in China and ranks fifth globally in the semiconductor industry, employing over 20,200 people and maintaining a presence in markets across North America, Europe, Japan, and Taiwan.

Semiconductor Manufacturing International

Series A in 2001
Semiconductor Manufacturing International Corporation (SMIC) is a leading semiconductor foundry based in Shanghai, China, established in 2000. It specializes in the design and manufacturing of integrated circuits (IC) and offers a comprehensive range of services including computer-aided design, wafer fabrication, testing, packaging, and assembly. SMIC operates advanced fabrication facilities, including 300mm and 200mm fabs in various locations such as Beijing, Tianjin, and Shenzhen, and provides technology services for process nodes ranging from 0.35 microns to 28 nanometers. The company serves a diverse clientele, including integrated device manufacturers, fabless semiconductor firms, and system companies, with its products utilized in sectors such as artificial intelligence, data centers, automotive, consumer electronics, and the Internet of Things. SMIC is recognized as the largest foundry in China and ranks fifth globally in the semiconductor industry, employing over 20,200 people and maintaining a presence in markets across North America, Europe, Japan, and Taiwan.

kingsky

Series A in 1999
Shenzhen Jingtian Communication Co., Ltd. is a joint-stock, high-tech company developing data broadcasting products for education, cable television, financial securities, weather, communication, media, satellite operating companies, paging, enterprises, and many other fields. Jingtian has garnered funds from Shenzhen Jingtian Technology Industry Co. Ltd, Shenzhen Tiandixiang Investment & Development Co. Ltd, Beijing Satellite Telecom Institution, 21th Century Technology Investment Co. Ltd, Shenzhen Huankang Poineer Investment Incorporated Company, Shenzhen & Hong Kong Industry & Study & Research Poineer Investment Co. Ltd, Shenzhen Chuangxin Technology Investment Co. Ltd, Guangdong Tongyong Digit Investment & Advisement Co. Ltd, and Tan Yan.
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