Temasek Holdings

Established in Singapore in 1974, Temasek Holdings is a lender that specializes in debt financing. It focuses on driving economic transformation by increasing middle-income populations, developing comparative advantages, and fostering emerging champions across various industries such as financial services, transportation, industrial, consumer goods, real estate, telecommunications, media, technology, and life sciences.

Pradyumna Agrawal

Managing Director, Investment (Blockchain)

Soyoun Ahn

Managing Director, Investment (Credit and Hybrid Solutions)

Gary Ang

Managing Director, Macro Strategy

Parimal Aswani

Managing Director, Technology

Ravi Balasubramanian

Managing Director, Portfolio Development, New Energy and Industrials

Siddartha Bhattacharjee

Head of Mobility and Logistics and Managing Director of Portfolio Strategy & Risk Group

Dawn Chan

Director of Investments

Yuliang Chang

Managing Director, Investment (China)

Eu Chua

Managing Director, Institutional Relations and Singapore Market

Ranjit Dandekar

Managing Director, Investment

Nagi Hamiyeh

Senior Managing Director

Reena Kanagasingam

Managing Director, Investment (Public Markets)

Ming Pey Lim

Chief of Staff, Executive Office, Deputy Chief Corporate Officer and Managing Director, Strategy Office

Paul Liu

Managing Director, Investment (Financial Services), Portfolio Strategy and Risk Group

Anuj Maheshwari

Head, Agri-Food Managing Director, Investment (Middle East and Africa)

Nicolas Meier

Managing Director, Investment (EMEA) and Director

Jingwen Miao

Managing Director, Investment (China)

Suranjan Mukherjee

Managing Director, Cross Asset Macro Portfolio and Joint Head, Public Market Investment Strategies

Ryan Rakestraw

Director

Parangam Ray

Managing Director, Organisation and People

Pierce Scranton

Managing Director, Institutional Relations and Deputy Head, North America

Shaun Seow

Managing Director, Singapore Market and Head, Community Stewardship

Jason Sun

Chief Representative, Beijing and Managing Director, Investment (China)

Belinda Tan

Managing Director, Finance (Financial Management)

Man-Keung Tang

Managing Director, Macro Strategy

Sulian Tay

Operating Partner

Karen Toh

Managing Director, Finance (Treasury)

Damien Vacherot

Director

Benoit Valentin

Senior Managing Director EMEA and Head of Private Equity Fund Investments

Rob Williams

Managing Director, Investment (EMEA)

Yibing Wu Ph.D

CEO, China

Past deals in Shanghai

Ceva Santé Animale

Private Equity Round in 2025
Ceva Santé Animale S.A. specializes in the research, development, production, and marketing of veterinary pharmaceuticals and vaccines for both companion and farm animals. The company provides a diverse range of products, including treatments for behavior, cardiology, nephrology, dermatology, locomotion, parasitology, and reproduction management for companion animals. For farm animals, Ceva offers anti-infective products, vaccines, and reproductive management solutions for cattle, sheep, goats, swine, and poultry. Additionally, the company has developed tools such as the Ceva Lung Program, a mobile application that helps manage lung health in livestock. Established in 1988 and headquartered in Libourne, France, Ceva operates pharmaceutical and research facilities in various countries, including Canada, Brazil, Italy, Hungary, the United States, Japan, Mexico, China, and Canada. The company is actively involved in global welfare initiatives, collaborating with local organizations to enhance animal health and welfare.

Viva Biotech

Post in 2023
Viva Biotech specializes in structure-based drug discovery services for biotechnology and pharmaceutical companies worldwide. Established in 2008, the company offers a range of platforms including fragment-based drug discovery, affinity selection mass spectrometry screening, and membrane protein targeted drug discovery. Its comprehensive services span from early-stage research to commercial drug delivery.

COFCO

Post in 2023
COFCO is a leading supplier of agricultural products and services based in Beijing, China. The company operates across various sectors within the agricultural and food industry, focusing on the trade, processing, and distribution of commodities such as grain, edible oils, sugar, and cotton. COFCO plays a crucial role in connecting domestic markets with international suppliers, serving as a key channel for the import and export of bulk agricultural products like wheat, corn, rice, and sugar. The company is committed to utilizing renewable natural resources to provide healthy and nutritious food while enhancing living standards and social prosperity. In addition to its core activities, COFCO is involved in various sectors, including real estate, hospitality, non-grain bio-energy, packaging, and finance, thereby diversifying its business portfolio and contributing to economic growth.

Sironax

Series B in 2022
Sironax is a clinical‑stage biotechnology company that develops therapies for age‑related degenerative diseases. The company focuses on mechanisms such as regulated cell death, neuroprotective pathways, and neuroinflammation, aiming to shift the treatment paradigm for these conditions. Its research includes apoptosis and other cell‑death pathways to create advanced pharmaceuticals for inflammatory and neurodegenerative diseases. Founded in 2017, Sironax is headquartered in Beijing, China.

Jaka Robot

Series D in 2022
Jaka Robot is a Shanghai-based company that specializes in the development, engineering, manufacturing, and marketing of industrial robots. Founded in 2014, it offers a range of products including the JAKA ZuTM robot, which features a wireless control system compatible with mobile applications, and the JAKA MES system, designed for information integration across various factory departments. Additionally, the company provides conveyor systems, palletizing robot systems, and liner molding machines. Jaka Robot serves multiple industries, including food and beverage, chemical, packaging, electronics, and mechanical processing, positioning itself as a key player in the industrial automation sector.

Whale

Series C in 2022
Whale provides an omnichannel marketing platform that transforms marketing operations, digitalizes store operations and unifies offline & online brand experiences leveraging AI + IoT + Big Data to “Connect Brands with Customer”. Founded in 2017, Whale has since empowered 1000+ global FMCG, F&B, Fashion and Automotive brands including P&G, Unilever, Starbucks, UNIQLO, ARMANI, Watsons, Xiaomi, Midea, Lotus, POP MART etc. with over 150,000 stores across APAC, enabling brands to embrace the full potential of digital transformation. Equipped with AI capabilities, patented ReID technology and enterprise-grade security, Whale platforms comprising of Space Data Platform (SDP), Whale Marketing Cloud (WMC), Whale Open Platform (WOP) and Whale Analytics, serve as the end-to-end digitalization engine that enables brands to seamlessly engage with each customer. Whale is backed by Temasek Holding, NIO Capital, Source Code Capital, Linear Capital, Alpha Commune, BAI Capital and The Jiangmen, with 6 offices across Singapore, Hangzhou, Shanghai, Beijing and Shenzhen.

XVERSE

Series A in 2022
XVERSE is a technology company platform that develops 3D user-generated content. It aims to become one of the operating systems (OS) of the true Internet and one of the important content providers. The company is located in Shenzhen, China.

Amber Group

Series B in 2022
Founded in Hong Kong in 2017 by finance professionals from Morgan Stanley and Goldman Sachs, Amber Group is a global crypto finance service provider. It offers liquidity provision, trading, and asset management services to over 200 institutional clients worldwide, facilitating trades worth $100-200 million daily across multiple exchanges.

iCapital Network

Venture Round in 2021
iCapital Network is a fintech platform for alternative investments and investors. It has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions. Wealth management firms use iCapital’s solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers, RIAs, and banks leverage iCapital’s technology to streamline and scale their alternative investments operational infrastructure. Additionally, the iCapital ‘flagship’ platform offers wealth advisors and their high-net-worth client's access to a curated menu of private equity, private credit, hedge funds, structured investments, and other alternatives to help meet their investing needs for return and diversification. iCapital’s research and diligence team offers robust analysis alongside the firm’s extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services. iCapital has been recognized on the Forbes FinTech 50 list each year from 2018 through 2002, the Forbes America’s Best Startup Employers in 2021 and 2022, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020 and 2021. As of May 31, 2022, iCapital services more than US$130 billion in global client assets, of which more than US$30 billion are from international investors (non-US Domestic), across more than 1,035 funds. Employing more than 800 people globally, iCapital is headquartered in NYC and has offices worldwide including in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.

Grab

Post in 2021
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.

Xiaohongshu

Series E in 2021
Xiaohongshu, founded in 2013 and based in Shanghai, China, is a lifestyle sharing platform that allows users to share experiences through text, images, and videos. Initially aimed at assisting overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle areas, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform serves as a social e-commerce space where users can post their favorite products, share shopping experiences, and discover global merchandise, particularly in luxury and beauty sectors. By fostering user-generated content, Xiaohongshu encourages a collaborative environment for lifestyle enthusiasts to exchange insights and recommendations.

Edge Medical Robotics

Series C in 2021
Edge Medical Robotics, Inc. is a Shenzhen, China-based company that specializes in the design and development of advanced surgical equipment. Founded on May 4, 2017, the company is dedicated to researching and promoting cutting-edge smart technologies aimed at enhancing surgical safety and treatment efficacy. By focusing on the pursuit of excellence and refinement in its products, Edge Medical Robotics seeks to elevate health standards and improve overall social health outcomes.

Momenta

Corporate Round in 2021
Momenta is an autonomous driving startup based in Beijing that specializes in developing advanced software solutions for full autonomy in vehicles. The company leverages deep learning technologies for perception, high-definition semantic mapping, and data-driven path planning, providing multi-level autonomous driving solutions alongside big data products and services. Momenta's team includes leading experts in computer vision and deep learning, contributing to the company's innovative approach to autonomous driving. Their technology is designed to enhance driving efficiency and safety, aiming to improve the overall experience for users through artificial intelligence.

Whale

Series B in 2021
Whale provides an omnichannel marketing platform that transforms marketing operations, digitalizes store operations and unifies offline & online brand experiences leveraging AI + IoT + Big Data to “Connect Brands with Customer”. Founded in 2017, Whale has since empowered 1000+ global FMCG, F&B, Fashion and Automotive brands including P&G, Unilever, Starbucks, UNIQLO, ARMANI, Watsons, Xiaomi, Midea, Lotus, POP MART etc. with over 150,000 stores across APAC, enabling brands to embrace the full potential of digital transformation. Equipped with AI capabilities, patented ReID technology and enterprise-grade security, Whale platforms comprising of Space Data Platform (SDP), Whale Marketing Cloud (WMC), Whale Open Platform (WOP) and Whale Analytics, serve as the end-to-end digitalization engine that enables brands to seamlessly engage with each customer. Whale is backed by Temasek Holding, NIO Capital, Source Code Capital, Linear Capital, Alpha Commune, BAI Capital and The Jiangmen, with 6 offices across Singapore, Hangzhou, Shanghai, Beijing and Shenzhen.

iCapital Network

Series C in 2021
iCapital Network is a fintech platform for alternative investments and investors. It has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions. Wealth management firms use iCapital’s solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers, RIAs, and banks leverage iCapital’s technology to streamline and scale their alternative investments operational infrastructure. Additionally, the iCapital ‘flagship’ platform offers wealth advisors and their high-net-worth client's access to a curated menu of private equity, private credit, hedge funds, structured investments, and other alternatives to help meet their investing needs for return and diversification. iCapital’s research and diligence team offers robust analysis alongside the firm’s extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services. iCapital has been recognized on the Forbes FinTech 50 list each year from 2018 through 2002, the Forbes America’s Best Startup Employers in 2021 and 2022, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020 and 2021. As of May 31, 2022, iCapital services more than US$130 billion in global client assets, of which more than US$30 billion are from international investors (non-US Domestic), across more than 1,035 funds. Employing more than 800 people globally, iCapital is headquartered in NYC and has offices worldwide including in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.

HeyTea

Series D in 2021
HeyTea is a Chinese tea shop that focuses on innovative beverages, particularly cheese-topped tea and fruit tea. Founded in 2012 in an alley by the riverside, the company initially operated under the name ROYALTEA before rebranding to HEYTEA. The franchise offers a diverse range of products, including instant milk tea, fruit tea, and traditional Chinese tea, aimed at providing customers with unique flavor combinations. Through its distinct offerings, HeyTea has established itself as a prominent player in the tea beverage market.

Oxford Nanopore Technologies

Venture Round in 2021
Oxford Nanopore Technologies Limited is a biotechnology company specializing in the development and commercialization of nanopore-based sequencing technology for the analysis of DNA, RNA, proteins, and small molecules. Its innovative product lineup includes the portable MinION device, the benchtop PromethION, and the GridION system, all of which enable real-time data streaming and scalable sequencing for a variety of applications in scientific research, personalized medicine, environmental monitoring, and agriculture. The Flongle offers smaller, on-demand sequencing solutions, catering to users requiring rapid insights. Operating in over 80 countries, Oxford Nanopore's technology is designed for accessibility and ease of use, featuring straightforward library preparation and automated solutions. The company maintains a robust patent portfolio, supporting its ongoing research and development in both biological and solid-state nanopore technologies. Founded in 2005 and based in Oxford, United Kingdom, Oxford Nanopore Technologies also has offices in multiple countries, including the United States, China, and Germany.

Arrail Dental International Group

Series E in 2021
Arrail Dental International Group is a premium private dental services provider in China operating a network of clinics offering endodontics, general dentistry, implants, orthodontics, pediatric dentistry, prosthodontics, and periodontics, along with hygiene, toothache treatment, restoration, whitening, and elderly teeth care, and online appointment services. Founded in 1998 and based in Beijing, it maintains clinics across major Chinese cities and positions itself as a platform for elite dentists worldwide. The business operates in two segments, Arrail Dental and Rytime Dental, with the latter contributing the majority of revenue.

NewMed Medical

Series C in 2021
NewMed Medical is a Shanghai-based medical device supplier specializing in interventional artificial heart valve systems. Founded in 2015, the company focuses on researching, developing, manufacturing, and marketing products that include artificial heart valves and transcatheter implantation systems. These products are designed to replace diseased mitral valves, simplifying heart valve replacement surgeries, reducing treatment risks, and enabling faster patient recovery while saving surgery expenses.

GitLab Information Technology (Hubei) Co.

Series A in 2021
Jihu Information Technology (Hubei) Co., Ltd. is referred to as GitLab, adhering to the "Open-core" principle, combining the world's leading DevOps technology with localized self-developed innovation and customized services, is committed to serving Chinese users. Provide a one-stop open and integrated DevOps platform covering the software development life cycle. Jihu GitLab owns the exclusive intellectual property rights and brand authorization of GitLab, Inc. It is updated monthly based on the GitLab EE version, and on this basis, we add our customized features for domestic users. JiHu GitLab is an out-of-the-box, open DevOps platform built from the ground up as a single application for all stages of the DevOps lifecycle enabling Product, Development, QA, Security, and Operations teams to work concurrently on the same project. JiHu GitLab provides a single data store, one user interface, and one permission model across the DevOps lifecycle, accelerating software development lifecycle through industry-leading project management, security, and compliance features. JiHu GitLab is independently developed and operated in China by GitLab Information Technology (Hubei) Co., Ltd. Investors include GitLab Inc., Sequoia CBC and Gaocheng Capital.

Manner

Series B in 2021
Manner is a specialty coffee chain that believes that coffee should be a healthy drink affordable to all people. While insisting on bringing good coffee to every customer, MANNER also takes environmental protection as its own social responsibility. MANNER will reduce 5 yuan for every behavior of bringing non-disposable paper cups to the store to enjoy coffee. The company is headquartered in Shanghai, China.

Furong Xingsheng

Venture Round in 2021
Furong Xingsheng is a Chinese company based in Changsha that owns and operates convenience stores. Established in 2009, it specializes in providing B2B logistics and distribution services. The company also functions through its community shopping platform, Xingsheng Youxuan, launched in 2018, which caters to consumers by offering fresh produce, meat, seafood, staples, and general merchandise. This platform employs a unique retail model that combines online ordering with offline pick-up, allowing household consumers to meet their daily needs conveniently through a network of community-based convenience stores.

Exegenesis Bio

Series B in 2021
Exegenesis is going to develop new medicine based on gene therapy and focuses on China and the global market. The team consists of experienced professionals, including gene therapy drug design, preclinical studies and clinical development.

Abbisko Therapeutics

Series D in 2021
Abbisko Therapeutics is a clinical-stage biopharmaceutical company focused on discovery and development of differentiated small-molecule oncology therapies. Based in Shanghai, China, and founded in 2016, the company emphasizes immuno-oncology and aims to advance cancer treatments through in-house research and development, with a focus on therapies for hepatocellular carcinoma and solid tumors.

Gracell Biotechnologies

Series C in 2020
Gracell Biotechnologies Inc. is a clinical-stage biopharmaceutical company focused on the discovery and development of innovative cell therapies for cancer treatment. Based in Shanghai, China, Gracell's lead product candidates include GC012F, a dual-targeting autologous CAR-T therapy for multiple myeloma, and GC019F, which targets adult B cell acute lymphoblastic leukemia. Both candidates are currently undergoing Phase I clinical trials. Additionally, the company is advancing GC007F for B cell non-Hodgkin's lymphoma and GC027 for adult T cell acute lymphoblastic leukemia, among others. Gracell also has a range of earlier-stage product candidates addressing various cancer types, such as ovarian cancer and breast cancer. Founded in 2017, the company aims to provide effective cellular therapeutics to improve outcomes for patients with hematological malignancies and solid tumors.

Yuanfudao

Series G in 2020
Yuanfudao, founded in 2012, is the largest online live course platform in China, catering to primary and secondary school students. With over 1 million paying users, it provides a comprehensive curriculum that includes subjects such as English, Mathematical Olympiad, and various all-subject courses for secondary education. The platform features live online tutoring conducted by nationally recognized teachers, allowing students to receive quality education from home. By utilizing big data analysis, Yuanfudao enables students to identify their learning weaknesses and engage in targeted learning, thus enhancing their educational outcomes. The combination of its extensive course offerings and a large pool of qualified educators benefits hundreds of thousands of students across the country.

JW Therapeutics

Series B in 2020
JW Therapeutics (Shanghai) Co., Ltd. is a biotechnology company based in Shanghai, China, specializing in the development, transformation, and promotion of cell-based immunotherapies. The company focuses on innovative therapies that utilize chimeric antigen receptor (CAR) and T cell receptor (TCR) technologies to enhance the body's immune response against cancer. JW Therapeutics is dedicated to creating transformative treatments for both hematological cancers and solid tumors, with its lead product candidate being relmacabtagene autoleucel, a CAR-T therapy targeting anti-CD19. By advancing these groundbreaking therapies, JW Therapeutics aims to improve survival rates and quality of life for cancer patients.

Genor BioPharma Co.

Series B in 2020
Genor BioPharma Co., Ltd. is a Shanghai-based biopharmaceutical company focused on discovering, developing, and commercializing therapeutic biologics, including monoclonal antibodies and Fc-fusion proteins, with a portfolio spanning oncology, autoimmune, and metabolic diseases. The company pursues both biosimilars and novel molecules and maintains a pipeline with multiple candidates in clinical development, supported by collaborations with industry partners such as Ascentage Pharma to advance its programs. Founded in 2007, Genor aims to deliver affordable therapeutics to patients and positions itself as a science-driven organization advancing high-need therapeutic areas.

MiningLamp

Series E in 2020
Founded in 2014, MiningLamp is a Beijing-based company specializing in big data solutions. It assists enterprises in constructing knowledge graphs and applying AI to their businesses, transforming data into actionable insights. The company connects perceptual and cognitive intelligence through multi-modal AI and big data technologies, enabling efficient organizational operations and accelerating digital transformation.

Abbisko Therapeutics

Series C in 2020
Abbisko Therapeutics is a clinical-stage biopharmaceutical company focused on discovery and development of differentiated small-molecule oncology therapies. Based in Shanghai, China, and founded in 2016, the company emphasizes immuno-oncology and aims to advance cancer treatments through in-house research and development, with a focus on therapies for hepatocellular carcinoma and solid tumors.

Ceva Santé Animale

Venture Round in 2020
Ceva Santé Animale S.A. specializes in the research, development, production, and marketing of veterinary pharmaceuticals and vaccines for both companion and farm animals. The company provides a diverse range of products, including treatments for behavior, cardiology, nephrology, dermatology, locomotion, parasitology, and reproduction management for companion animals. For farm animals, Ceva offers anti-infective products, vaccines, and reproductive management solutions for cattle, sheep, goats, swine, and poultry. Additionally, the company has developed tools such as the Ceva Lung Program, a mobile application that helps manage lung health in livestock. Established in 1988 and headquartered in Libourne, France, Ceva operates pharmaceutical and research facilities in various countries, including Canada, Brazil, Italy, Hungary, the United States, Japan, Mexico, China, and Canada. The company is actively involved in global welfare initiatives, collaborating with local organizations to enhance animal health and welfare.

Kuaishou Technology

Series F in 2019
Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

Aier Eye Hospital Group

Post in 2019
Aier Eye Hospital Group is a multinational ophthalmology provider operating a network of eye care hospitals and clinics. It offers comprehensive services including cataract, glaucoma, corneal and fundus diseases, refractive correction, pediatric ophthalmology, lacrimal disorders, myopia surgery and prevention, and eye shaping beauty services, supported by international technology and management standards. The group also runs training programs on cataract prevention and treatment. It operates about 200 ophthalmic hospitals in mainland China, 76 in Europe, one in the United States, and seven in Hong Kong, and is headquartered in Changsha, China.

Gracell Biotechnologies

Series B in 2019
Gracell Biotechnologies Inc. is a clinical-stage biopharmaceutical company focused on the discovery and development of innovative cell therapies for cancer treatment. Based in Shanghai, China, Gracell's lead product candidates include GC012F, a dual-targeting autologous CAR-T therapy for multiple myeloma, and GC019F, which targets adult B cell acute lymphoblastic leukemia. Both candidates are currently undergoing Phase I clinical trials. Additionally, the company is advancing GC007F for B cell non-Hodgkin's lymphoma and GC027 for adult T cell acute lymphoblastic leukemia, among others. Gracell also has a range of earlier-stage product candidates addressing various cancer types, such as ovarian cancer and breast cancer. Founded in 2017, the company aims to provide effective cellular therapeutics to improve outcomes for patients with hematological malignancies and solid tumors.

BITMAIN

Series B in 2018
Bitmain is a leading manufacturer of Bitcoin mining hardware, specializing in the development and sale of miners utilizing ASIC chip technology. Founded by pioneers in the digital currency sector, the company is staffed by a team of skilled engineers, financial experts, and cryptocurrency enthusiasts. Headquartered in Beijing, Bitmain also maintains offices in cities such as San Francisco, Tel Aviv, Hong Kong, Chengdu, and Shenzhen. The company focuses on providing high-quality, efficient computing solutions, including high-density server equipment and large-scale parallel computing software, to support the cryptocurrency mining industry.

Ant Group

Series C in 2018
Ant Group Co., Ltd. is a leading provider of digital payment and financial services in China, known for its flagship product, Alipay, a widely used digital payments platform. Established in 2000 and headquartered in Hangzhou, the company offers a variety of financial solutions, including Yu'e Bao, an online cash management platform that invests users' funds in a money market fund; Huabei, a consumer credit service facilitating buy now, pay later options; and MYbank, an online bank focused on serving small businesses and entrepreneurs. Additionally, Ant Group operates Xiang Hu Bao, a mutual aid platform for health protection, and Zhima Credit, a credit assessment service for businesses. The company aims to foster digital transformation across the service industry, ensuring that consumers and small enterprises have equal access to inclusive and sustainable financial services. In July 2020, it rebranded from Ant Small and Micro Financial Services Group Co., Ltd. to Ant Group Co., Ltd.

Hangzhou Just Biotherapeutics

Series B in 2018
Hangzhou Just Biotherapeutics, also known as Just China, is a biotechnology company based in Hangzhou, China, that specializes in the development of antibody and recombinant protein biotherapeutics. Founded in 2016, the company focuses on leveraging its expertise in molecular design, process design, and drug product design to facilitate the development of biologics. By employing advanced protein, process, and manufacturing sciences, Hangzhou Just Biotherapeutics aims to overcome technical challenges associated with protein therapeutics, thereby accelerating development timelines and significantly lowering manufacturing costs. As a subsidiary of MabSpace Biosciences Co., Ltd., the company positions itself as a key player in the biopharmaceutical sector, dedicated to enhancing the efficiency of biomedical innovation.

Innovent Biologics

Series E in 2018
Innovent Biologics is a China-based biopharmaceutical company that discovers, develops, manufactures, and commercializes monoclonal antibodies. It operates a platform for antibody therapeutics across oncology, ophthalmology, immunology, and metabolic diseases, with Tyvyt (sintilimab) as its core asset, a PD-1 inhibitor used in first-line and other cancer indications. The company develops a broad pipeline including biosimilars and novel antibodies and provides distribution, consulting, and R&D services. It maintains strategic collaborations with global partners, including a co-development arrangement with MD Anderson Cancer Center and an alliance with Eli Lilly for TYVYT, and has more than 30 collaborations with major pharmaceutical companies. Innovent is listed on the Hong Kong Exchange and maintains manufacturing and development capabilities in China with a growing portfolio of oncology and non-oncology products marketed domestically and internationally.

SenseTime

Series C in 2018
Founded in 2014, SenseTime specializes in artificial intelligence technologies, focusing on computer vision and deep learning. It offers a range of AI solutions including face and body analysis, image recognition, video comprehension, SLAM and 3D Vision, robot sensing, autonomous driving, medical image analysis, and AI supercomputing platforms. Serving sectors such as smart city, mobile, entertainment, automobile, health, business, education, and advertising worldwide, SenseTime operates offices in major cities across Asia.

17zuoye

Series E in 2018
17zuoye is a Chinese online learning platform synchronizing with textbook curricula, offering adaptive learning content for K-12 students, teaching tools for educators, and study reports for parents. It also facilitates communication among these groups via its real-name-based online forums.

JW Therapeutics

Series A in 2018
JW Therapeutics (Shanghai) Co., Ltd. is a biotechnology company based in Shanghai, China, specializing in the development, transformation, and promotion of cell-based immunotherapies. The company focuses on innovative therapies that utilize chimeric antigen receptor (CAR) and T cell receptor (TCR) technologies to enhance the body's immune response against cancer. JW Therapeutics is dedicated to creating transformative treatments for both hematological cancers and solid tumors, with its lead product candidate being relmacabtagene autoleucel, a CAR-T therapy targeting anti-CD19. By advancing these groundbreaking therapies, JW Therapeutics aims to improve survival rates and quality of life for cancer patients.

Rokid Technology

Series B in 2018
Rokid Technology, established in 2014, is a California-based company specializing in artificial intelligence and robotics. It develops and manufactures smart devices, including AI-powered smart speakers and augmented reality (AR) smart glasses. Rokid's products, such as the Rokid Glass, incorporate advanced AI capabilities like facial recognition, language translation, and voice control, providing users with an interactive experience by overlaying digital information onto the physical world. The company's offerings cater to both consumer and industrial markets, aiming to enhance human-computer interaction through superior industrial design and user experience.

TrustDecision

Series C in 2017
TrustDecision is a Chinese fintech company established in 2013 and headquartered in Hangzhou. It specializes in developing online software solutions aimed at anti-theft and fraud management across various sectors, including finance, insurance, payments, online shopping, and social networking. By providing risk control services, TrustDecision helps businesses mitigate fraud risks and enhance security in their digital transactions. The company's innovative approach to risk management positions it as a key player in the fintech landscape, catering to the growing demand for effective fraud prevention solutions in an increasingly digital economy.

Creative Artists Agency

Private Equity Round in 2017
Creative Artists Agency (CAA) is a global talent and entertainment agency, established in 1975 and headquartered in Los Angeles, California. It represents a diverse range of clients, including actors, directors, writers, musicians, athletes, and brands, across various industries such as film, television, music, sports, and digital media. CAA offers comprehensive services, including talent management, brand consulting, licensing, and strategic marketing, connecting artists and brands to create and monetize entertainment properties worldwide. With offices in major cities across the U.S., Europe, and Asia, CAA's extensive network and expertise make it a leading force in the entertainment industry.

Vuclip

Venture Round in 2017
Vuclip is a leading provider of premium mobile video on demand services, primarily targeting emerging markets. With over 3 million subscribers each quarter across six countries, the company offers a diverse range of content, including blockbuster Hollywood films, regional movies, TV shows, and music videos in 20 languages. Vuclip has formed strategic partnerships with more than 160 top studios globally, allowing it to deliver both well-known and original productions. The company employs Dynamic Adaptive Transcoding technology to ensure a seamless, unbuffered viewing experience across various mobile devices and network conditions. Headquartered in Milpitas, California, Vuclip also has a presence in several key international cities, including Dubai, Beijing, Kuala Lumpur, Mumbai, Delhi, Jakarta, and Bangkok.

Viu

Venture Round in 2017
Viu is a subscription-based video streaming service headquartered in Hong Kong. It operates across 16 markets, predominantly in Asia and the Middle East, including Hong Kong, Singapore, Malaysia, Indonesia, the Philippines, Thailand, Myanmar, Bahrain, Egypt, Jordan, Kuwait, Oman, Qatar, Saudi Arabia, the UAE, and recently launched in South Africa. Viu offers a diverse range of content with subtitles in local languages to cater to its global subscriber base.

Hangzhou Just Biotherapeutics

Series B in 2017
Hangzhou Just Biotherapeutics, also known as Just China, is a biotechnology company based in Hangzhou, China, that specializes in the development of antibody and recombinant protein biotherapeutics. Founded in 2016, the company focuses on leveraging its expertise in molecular design, process design, and drug product design to facilitate the development of biologics. By employing advanced protein, process, and manufacturing sciences, Hangzhou Just Biotherapeutics aims to overcome technical challenges associated with protein therapeutics, thereby accelerating development timelines and significantly lowering manufacturing costs. As a subsidiary of MabSpace Biosciences Co., Ltd., the company positions itself as a key player in the biopharmaceutical sector, dedicated to enhancing the efficiency of biomedical innovation.

LinkDoc

Series C in 2017
LinkDoc Technology Limited, founded in 2014 and headquartered in Beijing, China, specializes in developing medical data solutions and big data platforms focused on oncology. The company provides clinical structured data services to oncology hospitals, enabling them to address scientific and clinical challenges effectively. LinkDoc is dedicated to offering continuous care for patients with critical diseases and delivers data-driven precision life sciences solutions that facilitate clinical research and enhance real-world adoption for life sciences companies and healthcare providers. Additionally, LinkDoc ensures that its private hospital deployments comply with US HIPAA Act standards, implementing robust security measures to protect patient privacy and data integrity.

Meituan Bike

Private Equity Round in 2017
Meituan Bike, previously known as Mobike, is a Chinese bicycle-sharing service that operates a fully station-less model. Founded in January 2015 by Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping, the company is headquartered in Beijing. Meituan Bike allows users to easily locate and rent bicycles through a mobile application, facilitating convenient transportation for short urban trips. The bicycles are equipped with smart locks and can be reserved via the app, offering a seamless user experience. In April 2018, the company was acquired by Meituan-Dianping for $2.7 billion and was rebranded as Meituan Bike in January 2019 as part of the integration process. The service has grown significantly since its inception, contributing to the development of urban mobility solutions in China.

Innovent Biologics

Series D in 2016
Innovent Biologics is a China-based biopharmaceutical company that discovers, develops, manufactures, and commercializes monoclonal antibodies. It operates a platform for antibody therapeutics across oncology, ophthalmology, immunology, and metabolic diseases, with Tyvyt (sintilimab) as its core asset, a PD-1 inhibitor used in first-line and other cancer indications. The company develops a broad pipeline including biosimilars and novel antibodies and provides distribution, consulting, and R&D services. It maintains strategic collaborations with global partners, including a co-development arrangement with MD Anderson Cancer Center and an alliance with Eli Lilly for TYVYT, and has more than 30 collaborations with major pharmaceutical companies. Innovent is listed on the Hong Kong Exchange and maintains manufacturing and development capabilities in China with a growing portfolio of oncology and non-oncology products marketed domestically and internationally.

NIO

Series B in 2016
NIO is a pioneering Chinese company specializing in premium smart electric vehicles. Established in 2014, NIO designs, manufactures, and sells high-performance EVs, focusing on the premium segment. The company offers a range of models including SUVs and sedans, and is known for its innovative charging solutions such as battery swapping services. NIO also invests in next-generation technologies like autonomous driving and artificial intelligence to enhance user experience.

Alibaba Group

Post in 2016
Alibaba Group facilitates online marketplaces connecting buyers and sellers globally. It specializes in retail and wholesale transactions via platforms like Taobao and Tmall. Additionally, it offers cloud computing services and digital media entertainment.

G7

Series C in 2016
G7 is a company that specializes in fleet management systems aimed at optimizing the transportation ecosystem. With a significant installation base of 800,000 cargo vehicles across China, G7 utilizes proprietary hardware devices to gather and analyze data for logistics companies and drivers. The company's platform enables businesses to locate and monitor transportation vehicles, track driver behaviors, and estimate departure and arrival times. Additionally, G7 provides detailed insights on route optimization, fuel consumption, and cargo conditions, such as temperature and humidity, which helps corporate clients and business owners enhance the efficiency of their transportation networks.

Cainiao Logistics

Series A in 2016
Cainiao Logistics provides logistics services to Alibaba Group. It operates warehouses and express delivery stations. Cainiao Logistics also operates a logistics information platform which provides real-time access to information for both buyers and sellers. Shen Guojun founded China Smart Logistics Network on May 28, 2013 that later became Cainiao Logistics, with its headquarters in Shenzhen in China.

Meituan

Venture Round in 2016
Meituan is a Beijing-based Chinese technology platform that combines on-demand food delivery, local commerce, and social shopping. It retails and delivers Chinese food from local restaurants online and operates a social commerce website offering online group discounts for food, groceries, tickets, and other services, including entertainment and health/fitness sectors. Meituan is described as the largest food delivery platform in China, with a market share of roughly 60-70% in 2024 according to Morningstar estimates. In the third quarter of 2024, about 74% of revenue came from the core local commerce segment, encompassing on-demand food delivery, retail and in-store services such as visits to beauty and entertainment venues after purchasing deals, and hotel and travel booking, while the remaining 26% came from newer initiatives like Meituan Select and overseas food delivery. The company originated as Meituan Group in 2010, became Meituan-Dianping in 2015, and rebranded to Meituan in 2020.

iTutorGroup

Series C in 2015
iTutorGroup is an online education provider founded in 1998, headquartered in Taipei City, Taiwan, with additional offices in Shanghai, China, and Santa Clara, California. The company offers a range of platforms designed for both students and business professionals, including VIPABC, TutorABC, VIPABCJr, and TutorABCJr for English language learning, as well as TutorMing for Mandarin Chinese language instruction. Additionally, iTutorGroup provides LiveH2H, a service for live translations in multiple languages. The company focuses on delivering individualized and personalized learning experiences, allowing instructors to tailor content to meet the specific needs of learners.

Iwjw

Series E in 2015
Iwjw is a company based in Shanghai, China, that specializes in online to offline house rental services. Founded in 2014, Iwjw provides a platform that facilitates bookings for prospective clients to visit and inspect rental properties in person. The company aims to streamline the rental process by connecting tenants with available housing options through its user-friendly online interface.

Tuniu Corporation

Post in 2015
Tuniu Corporation is a China-based online leisure travel company that offers a wide selection of packaged tours, including organized and self-guided itineraries, along with travel-related services for leisure travelers. Its offerings cover tickets to attractions, visa applications, accommodations, insurance, car rental, and hotel bookings, plus air, train, and bus tickets and advertising services to tourism boards and bureaus. The company serves customers through its online platform and mobile apps, a primary call center in Nanjing and regional centers in Suqian, and various offline retail locations in China. Founded in 2006 and headquartered in Nanjing, it positions itself as a one-stop platform for Chinese consumers seeking leisure travel products and services, combining digital channels with an offline service network.

17zuoye

Series D in 2015
17zuoye is a Chinese online learning platform synchronizing with textbook curricula, offering adaptive learning content for K-12 students, teaching tools for educators, and study reports for parents. It also facilitates communication among these groups via its real-name-based online forums.

InnoVen Capital

Acquisition in 2015
InnoVen Capital is a prominent venture lending firm based in Mumbai, India, with additional offices in Singapore and Beijing. Established in 2008, it was re-branded following a buyout by Temasek Holdings and UOB Group in 2015. As the first and largest venture debt provider in India, InnoVen Capital specializes in offering debt financing to high-growth and innovative technology startups across various growth stages and sectors. The firm has a strong credit rating, reflecting its financial stability and reliability. InnoVen Capital has facilitated over 190 loans to more than 150 startups throughout India and Southeast Asia, providing a range of debt capital solutions, including venture debt, acquisition finance, growth loans, and syndication.

Innovent Biologics

Series C in 2015
Innovent Biologics is a China-based biopharmaceutical company that discovers, develops, manufactures, and commercializes monoclonal antibodies. It operates a platform for antibody therapeutics across oncology, ophthalmology, immunology, and metabolic diseases, with Tyvyt (sintilimab) as its core asset, a PD-1 inhibitor used in first-line and other cancer indications. The company develops a broad pipeline including biosimilars and novel antibodies and provides distribution, consulting, and R&D services. It maintains strategic collaborations with global partners, including a co-development arrangement with MD Anderson Cancer Center and an alliance with Eli Lilly for TYVYT, and has more than 30 collaborations with major pharmaceutical companies. Innovent is listed on the Hong Kong Exchange and maintains manufacturing and development capabilities in China with a growing portfolio of oncology and non-oncology products marketed domestically and internationally.

VNET

Post in 2014
Founded in 1999 as AsiaCloud, VNET is a leading provider of data center services based in Beijing, China. Initially focusing on retail clients, it expanded to serve hyperscale customers like Alibaba Cloud and Tencent Cloud from 2019 onwards. As of June 2025, VNET operates over 51,000 retail cabinets and has a wholesale capacity of 674 MW.

Chunyu Yisheng

Series C in 2014
Chunyu Yisheng, established in 2011 and headquartered in Beijing, is a mobile application designed to enhance communication between physicians and patients. The app allows doctors to access their patients' medical records and facilitates direct interaction, enabling patients to schedule appointments and communicate with their healthcare providers. Additionally, Chunyu Yisheng offers reservation line treatment services, further supporting users in managing their health. The company focuses on leveraging Internet technology to improve health outcomes and streamline the healthcare experience.

Ceva Santé Animale

Venture Round in 2014
Ceva Santé Animale S.A. specializes in the research, development, production, and marketing of veterinary pharmaceuticals and vaccines for both companion and farm animals. The company provides a diverse range of products, including treatments for behavior, cardiology, nephrology, dermatology, locomotion, parasitology, and reproduction management for companion animals. For farm animals, Ceva offers anti-infective products, vaccines, and reproductive management solutions for cattle, sheep, goats, swine, and poultry. Additionally, the company has developed tools such as the Ceva Lung Program, a mobile application that helps manage lung health in livestock. Established in 1988 and headquartered in Libourne, France, Ceva operates pharmaceutical and research facilities in various countries, including Canada, Brazil, Italy, Hungary, the United States, Japan, Mexico, China, and Canada. The company is actively involved in global welfare initiatives, collaborating with local organizations to enhance animal health and welfare.

Shanghai Yupei Group

Private Equity Round in 2014
Shanghai Yupei (Group) was founded in 2000 and headquartered in Shanghai, which is a private company that specialized in the development, operation and management of logistics warehousing facilities. The Company takes strategic cooperation, network distribution, specialized and build-to-suit projects as the development strategies, and the company implements the business philosophy of meeting customer needs and creating value for customers to achieve the strategic goal of creating a world leading logistics and warehousing property brand, and being the largest logistics and warehousing property developer. With more than ten years of experience in the development of logistics facilities, the Company has established a scientific internal management mechanism and a harmonious and efficient enterprise culture, possessed an outstanding team proficient in product design, development and construction. Additionally, in collaboration with international well-known estate investment companies , has introduced advanced enterprise management, product development ideas and strong financial strength to the Company. Relying on the above advantages and abundant capital resource, the Company commit to provide customers with high-quality standard warehousing facilities as well as build-to-suit products based on customers' special requirements.

VANCL

Series G in 2014
VANCL is a Chinese retail company founded in 2007 by Chen Nian, headquartered in Beijing. It specializes in online sales of modern apparel, accessories, footwear, luggage, and textiles at competitive prices. The company offers a diverse range of products, including men's shirts, women's and children's clothing, T-shirts, trousers, dresses, shoes, and various accessories such as bags, belts, and sunglasses. In addition to its online platform, VANCL also operates physical stores, providing customers with multiple shopping options. The company's focus on quality and affordability has positioned it as a prominent player in the Chinese retail market.

iTutorGroup

Series B in 2014
iTutorGroup is an online education provider founded in 1998, headquartered in Taipei City, Taiwan, with additional offices in Shanghai, China, and Santa Clara, California. The company offers a range of platforms designed for both students and business professionals, including VIPABC, TutorABC, VIPABCJr, and TutorABCJr for English language learning, as well as TutorMing for Mandarin Chinese language instruction. Additionally, iTutorGroup provides LiveH2H, a service for live translations in multiple languages. The company focuses on delivering individualized and personalized learning experiences, allowing instructors to tailor content to meet the specific needs of learners.

VNET

Post in 2013
Founded in 1999 as AsiaCloud, VNET is a leading provider of data center services based in Beijing, China. Initially focusing on retail clients, it expanded to serve hyperscale customers like Alibaba Cloud and Tencent Cloud from 2019 onwards. As of June 2025, VNET operates over 51,000 retail cabinets and has a wholesale capacity of 674 MW.

HotelQuickly

Seed Round in 2013
HotelQuickly is a mobile booking platform that specializes in last-minute hotel reservations, offering travelers a straightforward and efficient way to book affordable accommodations. Founded in December 2012 by a group of five entrepreneurs, the company launched its services in March 2013 across several Asian markets, including Hong Kong, Taiwan, and Thailand, and quickly expanded to other regions such as Vietnam, Australia, and New Zealand. With a user base of 1.5 million and access to over 200,000 hotels worldwide, HotelQuickly caters to the needs of modern travelers seeking same-day bookings at 3 to 5-star hotels. The company, headquartered in Hong Kong with an additional office in Bangkok, has also integrated other platforms, such as the Japanese app Tonight, to enhance its offerings. Over the years, HotelQuickly has secured $5.6 million in funding, which has fueled its growth and innovation in the competitive travel industry. Its impact and developments have been recognized by various media outlets, highlighting its role in transforming the hotel booking experience.

Tuniu Corporation

Series D in 2013
Tuniu Corporation is a China-based online leisure travel company that offers a wide selection of packaged tours, including organized and self-guided itineraries, along with travel-related services for leisure travelers. Its offerings cover tickets to attractions, visa applications, accommodations, insurance, car rental, and hotel bookings, plus air, train, and bus tickets and advertising services to tourism boards and bureaus. The company serves customers through its online platform and mobile apps, a primary call center in Nanjing and regional centers in Suqian, and various offline retail locations in China. Founded in 2006 and headquartered in Nanjing, it positions itself as a one-stop platform for Chinese consumers seeking leisure travel products and services, combining digital channels with an offline service network.

Cloudary

Private Equity Round in 2013
Cloudary Corporation is a prominent provider of literature and publication services in the People’s Republic of China. The company operates a community-driven literary platform featuring six original literature websites, which include Qidian.com, Readnovel.com, Hongxiu.com, Xs8.cn, Xxsy.net, and Rongshuxia.com. These platforms cover a diverse range of genres, such as fantasy, wuxia, science fiction, mystery, and romance. In addition to its extensive collection of literary works, Cloudary enhances user experience by offering community tools, including personal spaces, virtual gifting options, a book review bar, and forums for discussion. Through these services, Cloudary fosters a vibrant online literary community, engaging readers and writers alike.

Xiaomi

Series C in 2012
Xiaomi Corporation is an Internet company that provides hardware, software, and Internet services globally. It operates through segments including Smartphones, IoT and Lifestyle Products, and Internet Services. Xiaomi offers a wide range of products such as smartphones, smart TVs, laptops, AI speakers, smart routers, and various IoT devices. The company also provides advertising services and other internet value-added services.

Xiaomi

Series B in 2011
Xiaomi Corporation is an Internet company that provides hardware, software, and Internet services globally. It operates through segments including Smartphones, IoT and Lifestyle Products, and Internet Services. Xiaomi offers a wide range of products such as smartphones, smart TVs, laptops, AI speakers, smart routers, and various IoT devices. The company also provides advertising services and other internet value-added services.

Alibaba Group

Private Equity Round in 2011
Alibaba Group facilitates online marketplaces connecting buyers and sellers globally. It specializes in retail and wholesale transactions via platforms like Taobao and Tmall. Additionally, it offers cloud computing services and digital media entertainment.

VANCL

Series F in 2011
VANCL is a Chinese retail company founded in 2007 by Chen Nian, headquartered in Beijing. It specializes in online sales of modern apparel, accessories, footwear, luggage, and textiles at competitive prices. The company offers a diverse range of products, including men's shirts, women's and children's clothing, T-shirts, trousers, dresses, shoes, and various accessories such as bags, belts, and sunglasses. In addition to its online platform, VANCL also operates physical stores, providing customers with multiple shopping options. The company's focus on quality and affordability has positioned it as a prominent player in the Chinese retail market.

Huaneng Renewables

Post in 2011
Huaneng Renewables Corporation Limited is a prominent Chinese company focused on the co-development of renewable energy projects, particularly in wind and solar energy. Established in November 2002, it operates ten wind power plants recognized with national quality awards. The company has developed six wind power bases across various regions, including Northeast China and Sinkiang, and has pioneered significant advancements in the sector, such as establishing the first domestic wind testing fields and large-scale wind-and-solar complementary sites. Huaneng Renewables primarily invests in, constructs, acquires, and operates renewable energy projects throughout China, generating most of its revenue from electricity sales produced by its wind and solar power facilities. As a wholly-owned subsidiary of Huaneng Group, one of China's largest state-owned electric utility companies, Huaneng Renewables plays a vital role in the country’s transition toward sustainable energy sources.

Tudou Holdings

Series D in 2010
Tudou Holdings is a prominent Chinese video sharing website that facilitates user engagement and creativity through its platform. Launched in 2005 by Wang Tei, Tudou allows users to watch, upload, rate, share, comment on, and recommend a variety of video content, including user-generated videos, licensed materials, and original programming. This interactive experience empowers young independent video producers to showcase their creativity. In 2012, Tudou merged with Youku, forming Youku Tudou, Inc., which became a leading entity in the online video sector in China. As of 2013, the platform attracted approximately 227 million unique monthly visitors, establishing a significant user base that outperformed major competitors in the industry.

Harbour Networks Holdings

Series C in 2005
Harbour Networks Holdings was acquired by Huawei Technologies Co. Ltd. The company provides Internet protocol-based networking equipment. The company offers Ethernet switches, IP core and edge routers, broadband access equipment, voice over Internet protocol products, optical transport platforms, and networking and services management software, as well as ADSL/VDSL broadband access equipment and NGN integrated access equipment. It serves telecom carriers, corporations, education and government institutions, government agencies, finance, power, and service industries in China, North America, Japan, Hong Kong, and Southeast Asia. The company was founded in 2000 and is based in Beijing, China. As of September 11, 2006, Harbour Networks Holdings Limited operates as a subsidiary of Huawei Technologies Co., Ltd.

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.

Momenta

Momenta is an autonomous driving startup based in Beijing that specializes in developing advanced software solutions for full autonomy in vehicles. The company leverages deep learning technologies for perception, high-definition semantic mapping, and data-driven path planning, providing multi-level autonomous driving solutions alongside big data products and services. Momenta's team includes leading experts in computer vision and deep learning, contributing to the company's innovative approach to autonomous driving. Their technology is designed to enhance driving efficiency and safety, aiming to improve the overall experience for users through artificial intelligence.

Whale

Whale provides an omnichannel marketing platform that transforms marketing operations, digitalizes store operations and unifies offline & online brand experiences leveraging AI + IoT + Big Data to “Connect Brands with Customer”. Founded in 2017, Whale has since empowered 1000+ global FMCG, F&B, Fashion and Automotive brands including P&G, Unilever, Starbucks, UNIQLO, ARMANI, Watsons, Xiaomi, Midea, Lotus, POP MART etc. with over 150,000 stores across APAC, enabling brands to embrace the full potential of digital transformation. Equipped with AI capabilities, patented ReID technology and enterprise-grade security, Whale platforms comprising of Space Data Platform (SDP), Whale Marketing Cloud (WMC), Whale Open Platform (WOP) and Whale Analytics, serve as the end-to-end digitalization engine that enables brands to seamlessly engage with each customer. Whale is backed by Temasek Holding, NIO Capital, Source Code Capital, Linear Capital, Alpha Commune, BAI Capital and The Jiangmen, with 6 offices across Singapore, Hangzhou, Shanghai, Beijing and Shenzhen.
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