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

Huang Tianxiang

Investment Director

Haitao Jin

Chairman

Lin Yunyu

Investment Director

Suhua Liu

President

Luo Xingqiang

Deputy General Manager

Xidong Wang

Vice President

Zhang Yuhao

Senior Investment Manager

Zhou Songgan

Investment Manager

Ding Zuo

Chairman

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 Technology

Series A in 2023
Deep Intelligent Control Technology specializes in digital intelligence innovation and energy conservation, focusing on the development of advanced products and technologies aimed at enhancing energy efficiency. The company utilizes Artificial Intelligence of Things (AIoT) technology to create a user-friendly, plug-and-play IoT energy management and monitoring system that requires minimal coding skills, thereby reducing costs and increasing operational efficiency for businesses across various sectors. By empowering the building and industrial energy-saving industries, Deep Intelligent Control contributes to a notable reduction in energy consumption, leading to greater sustainability and a decrease in carbon emissions. Their efforts are directed towards helping organizations transition to digitally intelligent operations while achieving significant energy savings in electromechanical systems.

Hainayun

Series A in 2022
Hainayun is a prominent developer of IoT solutions focused on creating smart communities and smart parks essential for the development of smart cities in China. As a subsidiary of the Haier Group, Hainayun aims to establish itself as the leading IoT digital city eco-platform in the country while setting industry standards for the promotion of a Digital China. The company provides a comprehensive range of services, including digital infrastructure construction, building lifecycle management, and big data operations. By leveraging its expertise in Artificial Internet of Things (AIoT), Hainayun supports enterprises in their efforts to develop and manage digital city ecosystems effectively.

EPiCMEMS

Venture Round in 2022
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.

Panchip

Private Equity Round in 2022
PanChip, established in 2010 and based in Suzhou, China, specializes in the design and development of short-distance wireless communication RF chips. The company offers a range of products including low-power real-time clock chips, touch screen controller chips, and system solutions tailored for various applications such as wireless mice, audio devices, mobile phone touch screens, keyboards, remote controls, toys, game keypads, and industrial control systems. PanChip is also involved in creating wireless spread spectrum communication platforms, low-power WAN physical layer chips, and high-precision indoor positioning systems, aiming to provide advanced and high-quality domestically produced chips for businesses.

Aqara

Series C in 2021
Aqara is a prominent smart home brand that specializes in developing innovative smart home appliances and IoT solutions for both consumers and industrial applications. The company focuses on enhancing daily life by simplifying routine tasks through a diverse range of high-quality, cost-effective products. Aqara's offerings are distinguished by their elegant industrial design and the integration of advanced AI and data analysis systems, allowing for customization to meet individual lifestyle needs. As a result, Aqara has gained a reputation for reliability and efficiency in the smart home market.

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 security solutions, dedicated to enhancing the security of critical infrastructure and industrial internet applications. The company offers a comprehensive range of products and services, including security protection, monitoring and auditing, vulnerability scanning, security testing tools, industrial terminal security, and security situational awareness. By focusing on fostering situational awareness and securing big data applications, Changyang Technology aims to deliver robust security solutions tailored to the unique challenges of the industrial Internet of Things.

Changyang Tech

Series D in 2021
Changyang Technology is a provider and developer of industrial IoT security solutions, dedicated to enhancing the security of critical infrastructure and industrial internet applications. The company offers a comprehensive range of products and services, including security protection, monitoring and auditing, vulnerability scanning, security testing tools, industrial terminal security, and security situational awareness. By focusing on fostering situational awareness and securing big data applications, Changyang Technology aims to deliver robust security solutions tailored to the unique challenges of the industrial Internet of Things.

Htrip

Series A in 2020
Htrip is a tourism company based in Guangzhou, China, that focuses on data analysis for hotels. Founded in 2016, it enhances hotel services and profitability by tracking user habits. Htrip specializes in developing an Internet communication platform for hotels, which includes upgrading interactive television, Wi-Fi, and Internet of Things (IoT) hardware in guest rooms. The company achieves this through self-investment in technology or partnerships with hotels, integrating its solutions with existing property management systems.

Eigencomm

Series B in 2020
Eigencomm Ltd. is a Shanghai-based company established in 2017 that specializes in the research, development, and sales of cellular network internet chips. The company focuses on creating turnkey solutions for Internet of Things (IoT) ecosystems, particularly in the realm of smart home appliances. Eigencomm offers standard NB-IoT terminal chips that ensure comprehensive cellular data connectivity and extended standby durations, positioning itself as a key player in the cellular IoT market.

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.

Lachesis

Series B in 2020
Lachesis is a high-tech company based in Shenzhen, China, specializing in clinical applications that integrate information and communications technology with internet technology. The company develops intelligent products and services aimed at enhancing the efficiency of healthcare delivery for doctors, nurses, patients, and hospitals. Its offerings include a bedside nursing solution, an interactive smart ward solution, and an IoT platform, all designed to improve management efficiency and accuracy in medical assessments. By providing mobile medical intelligent hardware and application software, Lachesis aims to advance mobile nursing and intelligent medical practices within healthcare institutions.

Eigencomm

Venture Round in 2019
Eigencomm Ltd. is a Shanghai-based company established in 2017 that specializes in the research, development, and sales of cellular network internet chips. The company focuses on creating turnkey solutions for Internet of Things (IoT) ecosystems, particularly in the realm of smart home appliances. Eigencomm offers standard NB-IoT terminal chips that ensure comprehensive cellular data connectivity and extended standby durations, positioning itself as a key player in the cellular IoT market.

Htrip

Series A in 2019
Htrip is a tourism company based in Guangzhou, China, that focuses on data analysis for hotels. Founded in 2016, it enhances hotel services and profitability by tracking user habits. Htrip specializes in developing an Internet communication platform for hotels, which includes upgrading interactive television, Wi-Fi, and Internet of Things (IoT) hardware in guest rooms. The company achieves this through self-investment in technology or partnerships with hotels, integrating its solutions with existing property management systems.

MoreSec

Series A in 2019
Hangzhou MoreSec Technology Co., Ltd. is a company based in Hangzhou, China, specializing in internet security software. It focuses on integrating threat intelligence and artificial intelligence technologies into enterprise security systems. MoreSec aims to provide comprehensive security solutions tailored for the cloud computing and Internet of Things (IoT) environments, addressing the evolving needs of businesses in safeguarding their digital assets.

XTX Technology

Series B in 2018
XTX Technology Limited is a semiconductor company based in Shenzhen, China, specializing in high-reliability memory solutions. The company manufactures a variety of flash memory products, including NAND MCP, NOR MCP, SD NAND, and SPI flash, which cater to diverse embedded applications such as mobile devices, automotive equipment, security systems, and home appliances. Additionally, XTX Technology offers System in Package (SIP) assembly services aimed at optimizing customer bill of materials costs and enhancing production efficiency while ensuring software intellectual property security. The company's innovations in semiconductor technology also accommodate various temperature tolerances, supporting a range of applications in consumer electronics, industrial sectors, and medical care.

XTX Technology

Series A in 2018
XTX Technology Limited is a semiconductor company based in Shenzhen, China, specializing in high-reliability memory solutions. The company manufactures a variety of flash memory products, including NAND MCP, NOR MCP, SD NAND, and SPI flash, which cater to diverse embedded applications such as mobile devices, automotive equipment, security systems, and home appliances. Additionally, XTX Technology offers System in Package (SIP) assembly services aimed at optimizing customer bill of materials costs and enhancing production efficiency while ensuring software intellectual property security. The company's innovations in semiconductor technology also accommodate various temperature tolerances, supporting a range of applications in consumer electronics, industrial sectors, and medical care.

Standard Robots

Seed Round in 2017
Standard Robots is a company based in Baoan, Guangdong, specializing in the research, development, manufacturing, and marketing of autonomous mobile robots (AMRs) and Robot Internet of Things (RIoT) software systems. Established in 2016, the company serves industries such as semiconductors, auto parts, and energy by offering standardized solutions that enhance the flexibility and agility of mobile robots in manufacturing environments. Its focus on scalable applications and predictable outcomes allows clients to achieve intelligent logistics transformation through repeatable algorithm scenarios. By providing dedicated services, Standard Robots aims to improve operational efficiency and innovation in the sectors it serves.

Infinitas Interactive Media

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

Youon Bike

Series A in 2017
Youon Technology Co., Ltd. specializes in providing green transportation services through its Internet of Things technology and data platform. The company operates a comprehensive green sharing travel service platform called Wing of the Line, which is available in 220 cities and encompasses 32,000 shared bicycle stations with a fleet of 800,000 bicycles. Youon aims to promote environmentally friendly travel habits and has implemented public bicycle projects across more than 200 counties in China, contributing to the construction of 30,000 public bicycle sites. The Youon national public bicycle system boasts over 15 million active users, with peak rental activity reaching 2.2 million transactions per day. To enhance service delivery, Youon has established 105 branches and operations centers nationwide, employing approximately 4,500 personnel. The company emphasizes technological and service innovation, offering a platform that supports various methods for bike rental, including QR code scanning through popular payment applications.

ASR Microelectronics

Series A in 2017
ASR Microelectronics (Shanghai) Co., Ltd. is a semiconductor manufacturer specializing in chips for mobile intelligent communication terminals, navigation, and various consumer electronics. Founded in April 2015 and headquartered in Shanghai's Zhangjiang Hi-Tech Park, the company develops products including smartphones, modems, and integrated system on chips (SoCs). ASR's research and development efforts are supported by teams based in the United States and South Korea, focusing on technological innovation across mobile communications, the Internet of Things, and smart handheld devices. The company boasts comprehensive capabilities in baseband platform development, particularly following its acquisition of Marvell's Mobile Business Unit in 2017, positioning itself as a key player in China's semiconductor landscape. ASR is dedicated to providing efficient technical support and product solutions across multiple communication standards, including 2G, 3G, and 4G technologies.

Mai Yi

Series A in 2016
Mai Yi develops products and platforms such as communication clouds, rendering clouds, IoT clouds, hybrid clouds, and more. They provide large-scale services to customers in computing, education, medical care, finance, transportation, and other industries.

Infinitas Interactive Media

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

Codoon

Series A in 2014
Codoon is a Chinese sports and wellness service provider that specializes in integrating software and hardware technologies to monitor users' physical conditions, including fitness, sleep, and overall health. The company develops products such as wearable activity trackers and a digital health application, which facilitate the measurement of various health metrics, including steps taken, heart rate, sleep quality, and weight management. Codoon's approach leverages advanced Internet-of-Things technologies to create a community platform focused on fashion, sports, and healthy living. Additionally, Codoon is engaged in the research, development, and production of fitness tracker hardware and operates an online platform for health and fitness resources. Future plans include the introduction of wireless heart rate monitors and slimming scales to enhance its product offerings.

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.

Keda Automation Control

Series A in 2012
Keda Automation Control specializes in industrial Internet technology systems for mine data monitoring and automatic control systems, municipal data remote monitoring systems, automation-related products, and on-site automation services.

CertusNet

Series B in 2010
CertusNet (赛特斯网络科技) offers software development and experimental testing services for clients in China. Under the overall architecture of its intelligent network platform, CertusNet's business involves industries like triple play, the internet of things, smart grid, new energy vehicles, the IT operation and maintenance, and more. Main product lines of CertusNet include telecommunications (IPTV service quality guarantee system, IPTV user behavior analysis system, IPTV broadcast platform running security system, and online video monitoring service quality guarantee system), energy field (GSA grid intelligence network service guaranteed platform, grid transformable and distributive monitoring automatic system, CDW charging of auto services management platform and petroleum transmission pipeline monitoring system), and IT operation and maintenance (NSA web service quality management system).

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.

3Nod

Series A in 2007
Three Nod Group is a Chinese company that designs, manufactures, and supplies electronic equipment, specializing in audio speaker systems, electronic devices, and computer peripherals. Committed to enhancing the quality of life through scientific and technological innovations, the company advocates for "Intelligent Life" and has developed a deep understanding of user experiences. Through its focus on improving everyday interactions with technology, Three Nod Group aims to create products that resonate with users' needs and preferences.

Semiconductor Manufacturing International Corporation

Series C in 2003
Semiconductor Manufacturing International Corporation is a leading semiconductor foundry headquartered in Shanghai. It provides integrated IC manufacturing and a full range of services, including design services, mask manufacturing, wafer fabrication, testing, packaging, and final assembly, as well as the sale of self-manufactured ICs. The company operates multiple fabs in Shanghai, Beijing, Tianjin, Shenzhen, Jiangyin, and an additional facility in Italy, and maintains offices and service networks in the United States, Europe, Japan, Taiwan, and Hong Kong. Its process technology spans from 0.35 micron to 28 nanometer, and it offers turnkey services to meet customer needs for integrated device manufacturers, fabless IC companies, and system companies. SMIC is the largest Chinese foundry and ranks among the top global foundries, competing with industry leaders such as TSMC and Samsung.

Invengo Information Technology Company

Series A in 2003
Shenzhen Invengo Information Technology Co., Ltd is a Chinese company specializing in radio frequency identification (RFID) technologies and solutions, both domestically and internationally. With nearly 200 patented technologies, Invengo offers over 100 categories of RFID products across six major series, all protected by proprietary intellectual property rights. The company operates in various sectors, including books and archives management, anti-counterfeiting for alcohol, livestock farming and meat traceability, asset tracking, logistics, motor vehicles, and textiles. Since its inception in 1993, Invengo's engineering team has focused on advancing RFID technology and product development, leveraging its expertise in large-scale applications, particularly in the Chinese market. The company has also established a postdoctoral scientific research workstation and an RFID engineering technology research and development center, recognized by the National Ministry of Personnel, to further enhance its research capabilities.

Semiconductor Manufacturing International Corporation

Series A in 2001
Semiconductor Manufacturing International Corporation is a leading semiconductor foundry headquartered in Shanghai. It provides integrated IC manufacturing and a full range of services, including design services, mask manufacturing, wafer fabrication, testing, packaging, and final assembly, as well as the sale of self-manufactured ICs. The company operates multiple fabs in Shanghai, Beijing, Tianjin, Shenzhen, Jiangyin, and an additional facility in Italy, and maintains offices and service networks in the United States, Europe, Japan, Taiwan, and Hong Kong. Its process technology spans from 0.35 micron to 28 nanometer, and it offers turnkey services to meet customer needs for integrated device manufacturers, fabless IC companies, and system companies. SMIC is the largest Chinese foundry and ranks among the top global foundries, competing with industry leaders such as TSMC and Samsung.

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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