Tencent Holdings

Tencent Holdings Limited is a leading internet service provider based in Shenzhen, China, known for its extensive range of value-added services, including online games, social networking, financial technology, and online advertising. Founded in 1998, Tencent operates major platforms such as WeChat and QQ, which facilitate communication, entertainment, and e-commerce for millions of users. The company is recognized as the world's largest video game publisher, with popular titles like Honor of Kings in its portfolio. In addition to its core services, Tencent is involved in the production and distribution of films and television programs, as well as software development and digital content licensing. With a focus on user-oriented strategies, Tencent continues to adapt and expand its offerings, positioning itself as a vital part of daily life for many consumers in China and beyond.

Hongwei Chen

Executive Director of Investment

Ben Feder

President, International Partnerships (North America)

Martin Lau

President

Jeffrey Li

Managing Partner

Alvin Liu

Co-Founder

Steven Ma

SVP

Huateng Ma

Co-Founder, Chairman and CEO

Danying Ma

Managing Director

Bo Wang

Vice President, Tencent Games

Ye Wang

Associate Director, Global Data Intelligence and Data Service, IEG

Yao Xia

Executive Director

Levin Yao

Managing Director, Tencent Investment

Wenlei Zhuang

Vice President of Tencent Cloud and Head of Tencent Cloud Strategic Investment

phil mu

Chief Investment Officer

Dowson Tong

President of Social Network Group, Senior Executive Vice President

Past deals in Scale Stage

TymeBank

Series D in 2024
TymeBank, a subsidiary of the Tyme Group, specializes in digital banking solutions aimed at providing accessible financial services to the lower-income market. The bank emphasizes affordability, offering secure personal and business accounts online with minimal fees and high savings interest rates. Through its digital platform, TymeBank enables customers to benefit from features such as free card swipes and no monthly fees, making banking services convenient and easy to manage. With a focus on serving over 15 million customers in emerging markets, TymeBank is dedicated to enhancing financial inclusion and providing affordable banking options.

Ualá

Series E in 2024
Ualá is a financial technology company that offers a digital banking application designed to enhance financial inclusion. The platform allows users to manage payments, request loans, and invest in a variety of financial products. Ualá provides services such as a prepaid Mastercard and savings accounts, facilitating safe and immediate money transfers through a traditional transactional payment network. By democratizing access to financial services, Ualá aims to empower individuals with the tools necessary for effective financial management.

TrueLayer

Series E in 2024
TrueLayer Limited is a London-based company that provides an open banking platform enabling the development of financial applications. Founded in 2016, TrueLayer offers a toolkit that allows businesses to securely connect to bank data, verify accounts, and access real-time transaction information. Its platform supports various applications in payments, online lending, personal finance management, investment services, insurance, and cryptocurrencies. TrueLayer's solutions are utilized by fintech startups, online lenders, and personal finance managers, facilitating smarter and faster online payments by combining real-time bank transactions with financial and identity data. The company operates across 21 countries and serves over 10 million users, aiming to transform the payment landscape for businesses of all sizes.

Zhipu AI

Series D in 2024
Zhipu AI is a data company focused on developing an AI-based large model platform that offers API services tailored to various customer needs. The company provides a range of smart application products, including the scientific and technological information analysis engine "AMiner" and AI cognitive engines such as CodeGeeX and CogView. These tools are designed to help users automate and optimize digital tasks, thereby reducing the required manual labor. Zhipu AI's advanced applications are built on its General Language Model (GLM) series, capable of handling tasks in both Chinese and English, making its offerings versatile and applicable across different linguistic contexts.

Gensciences

Series D in 2024
Gensciences is engaged in the research and development of biopharmaceutical technology, focusing on innovative drugs, particularly long-acting recombinant proteins. The company aims to address medical conditions such as hemophilia, metabolic diseases, and tumors. Gensciences is dedicated to producing high-safety and high-efficacy treatments, striving for a high success rate in its drug development initiatives. Through continuous innovation, the company seeks to make significant contributions to the global biopharmaceutical landscape while benefiting patient groups in need of advanced therapeutic options.

Pocket FM

Series D in 2024
Pocket FM is an audio series platform that specializes in long-form audio entertainment, offering a diverse range of content across various genres such as fantasy, science fiction, romance, horror, and thriller. The platform is designed to provide a refined listening experience, allowing users to enjoy audio series in English and select Indian languages. Pocket FM facilitates direct communication between listeners and creators, including access to podcasts, enabling a global audience to engage with its extensive library of material. By focusing on broad and entertaining content, Pocket FM caters to a wide range of preferences, enhancing the overall audio experience for its users.

Sinovent

Series E in 2024
Sinovent Inc. is a biopharmaceutical company established in 2016, with its headquarters in Suzhou, China, and additional offices in Beijing and Boston. The company focuses on developing innovative treatment methods through its advanced biotechnology platform and extensive management experience. Sinovent aims to address global healthcare challenges by combining expertise in science, management, and finance. Currently, it has 12 products in development, primarily targeting oncology, autoimmune diseases, and infectious diseases.

Forward

Series E in 2023
Forward is a startup redesigning the way healthcare is delivered using all the technologies healthcare has neglected such as sensors, mobile, and AI. Forward was founded in January 2016 by former executives and engineering leaders from Google and Uber and led by serial entrepreneur Adrian Aoun. Forward is funded by investors and entrepreneurs including First Round Capital, Eric Schmidt (Google/Alphabet chairman), Marc Benioff (Salesforce founder), Joe Lonsdale (Palantir founder), Joshua Kushner (Oscar co-founder), and Garrett Camp (Uber co-founder).

Enflame Technology

Series D in 2023
Enflame, also known as Suiyuan Technology, specializes in developing advanced neural network solutions for artificial intelligence applications. The company focuses on creating high-end deep learning chips designed specifically for cloud data centers, optimizing them for AI training platforms. These chips feature a proprietary architecture that delivers significant computational power while ensuring high energy efficiency and low costs. Additionally, they are programmable and compatible with mainstream machine learning frameworks, making them suitable for a wide range of AI training and optimization tasks.

CMR Surgical

Series D in 2023
CMR Surgical Limited, based in Cambridge, United Kingdom, specializes in the design and manufacture of medical devices tailored for minimal access surgery. The company is recognized for its Versius surgical robotic system, which enhances laparoscopic surgical procedures by making them more accessible and affordable. Founded in 2014 and originally named Cambridge Medical Robotics, CMR Surgical aims to expand the capabilities of robotic surgery, allowing a broader range of procedures to be performed. The system provides surgeons with 3D high-definition imagery and real-time feedback, significantly improving the surgical experience and outcomes for patients.

Rox Motor

Series E in 2023
ROX Motor is a company dedicated to the development of off-road new energy vehicles, focusing on innovations in smart car technologies. The firm specializes in research and development in areas such as new energy power, intelligent cockpit systems, and autonomous driving. By providing advanced solutions in three-electric technology and intelligent driving, ROX Motor aims to enhance product quality within the new energy vehicle industry. The company's commitment to integrating cutting-edge technologies supports its mission to lead in the smart vehicle market.

Lunar

Series D in 2023
Lunar is a digital challenger bank founded in 2015 by Ken Villum Klausen, headquartered in Copenhagen. The company provides a mobile-based banking app that enables users to manage their personal finances effectively. Its services include insurance, savings, budgeting tools, loans, and investment options, all accessible through the app. Lunar operates under its own banking license and offers both free accounts and a subscription-based service known as Lunar Premium. The company aims to expand its full personal and business banking operations while targeting profitability in key banking markets. Lunar has successfully raised €104 million from various investors and has established a presence in Aarhus, Stockholm, and Oslo, employing over 180 staff members. Additionally, the app facilitates online money transfers, payments, and account management in partnership with local banks, enhancing security and customer experience.

Airwallex

Series E in 2022
Airwallex is a global payment and financial platform designed to streamline international transactions and reduce the costs associated with traditional financial systems. It offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By utilizing a network of local payment systems and application programming interfaces, Airwallex allows businesses to issue and pay invoices in their preferred currencies at competitive exchange rates. The company aims to empower entrepreneurs and businesses by providing them with the tools necessary to expand their operations and seize opportunities in markets worldwide.

Satispay

Series D in 2022
Satispay S.p.A. is a mobile payment application based in Milan, Italy, founded in 2013. The platform enables users to make payments at stores, transfer money to friends, and conduct online transactions directly from their smartphones. Launched in 2015, Satispay operates independently from traditional debit and credit cards, offering a user-friendly and secure payment solution. It simplifies the payment process for consumers while providing businesses with a cost-effective means to accept payments via a smartphone, tablet, or computer. The service aims to transform the payment landscape in Europe by making transactions more convenient and accessible.

ClassDojo

Series D in 2022
ClassDojo, Inc. operates an online school communication platform designed to connect teachers, students, and families, fostering community engagement around classroom activities. Founded in 2011 and based in San Francisco, the platform allows educators to share photos, videos, and announcements through a feature called Class Story, as well as facilitating private messaging between teachers and parents. ClassDojo aims to enhance the educational experience by promoting collaboration and communication, helping to create a supportive environment where students can thrive both in the classroom and at home. The company, originally known as Class Twist, Inc., rebranded in December 2017 to emphasize its commitment to revolutionizing education through community building.

Optibus

Series D in 2022
Optibus leverages the power of machine learning and optimization algorithms to redefine the way mass-transportation is planned and operated. Optibus’ disruptive technology drive some of the most complex transportation operations worldwide, helping to improve the quality of service, increase efficiencies, save money, and streamline operations.

Lunar

Series D in 2022
Lunar is a digital challenger bank founded in 2015 by Ken Villum Klausen, headquartered in Copenhagen. The company provides a mobile-based banking app that enables users to manage their personal finances effectively. Its services include insurance, savings, budgeting tools, loans, and investment options, all accessible through the app. Lunar operates under its own banking license and offers both free accounts and a subscription-based service known as Lunar Premium. The company aims to expand its full personal and business banking operations while targeting profitability in key banking markets. Lunar has successfully raised €104 million from various investors and has established a presence in Aarhus, Stockholm, and Oslo, employing over 180 staff members. Additionally, the app facilitates online money transfers, payments, and account management in partnership with local banks, enhancing security and customer experience.

Academia.edu

Series D in 2022
Academia.edu is the largest and fastest-growing platform in the world for sharing academic research. Its mission is to accelerate and democratize academic research. Over 150 million academics have signed up to Academia.edu, adding 25 million papers. Over 100,000 people join Academia.edu each day. Academia.edu attracts over 52 million unique visitors a month. 40% of the world's faculty log in to Academia.edu every month. The company was founded in 2008 and is headquartered in San Francisco, California.

Qonto

Series D in 2022
Qonto is an online bank that specializes in providing financial tools for small and medium-sized businesses as well as freelancers. The platform simplifies business banking by offering digital bank accounts that facilitate the sending and receiving of payments. It is designed to accommodate all types of companies, regardless of their legal structure or team size. Qonto's services include assistance with banking operations, bookkeeping, and budget management, allowing clients to manage their finances efficiently through a mobile application. Users can transfer funds using either physical or virtual cards, all while minimizing the need for paperwork.

GoStudent

Series D in 2022
GoStudent is an online tutoring platform that connects students with qualified tutors for personalized, one-to-one video lessons across more than 20 subjects. Utilizing a membership model, students can book sessions through the platform, which offers features like a virtual classroom, whiteboard, and document-sharing capabilities. The platform serves primary, secondary, and college-aged students, facilitating over 400,000 tutoring sessions monthly. GoStudent has a diverse network of approximately 15,000 customers and collaborates with around 5,500 international tutors. The company employs over 600 staff members and operates 12 international offices. Additionally, it incorporates artificial intelligence to enhance tutor selection and onboarding. GoStudent has successfully raised over €291 million in funding from various investors.

XSKY Data Technology

Series F in 2021
XSKY Beijing Data Technology Corporation Limited is a Chinese company that specializes in software-defined infrastructure products and services aimed at delivering innovative storage solutions for enterprises. By integrating internet carrier operations and mainstream open-source technologies, XSKY offers scalable storage solutions that facilitate cost-effective horizontal expansion for data centers. The company is a significant contributor to the open-source storage system Ceph, ranking among the top three globally and leading in China for source code contributions. Additionally, XSKY is the exclusive storage solution partner of Red Hat China and collaborates with major IT companies like Intel, Samsung, Dell, and Mellanox. Its products are utilized by early adopters in various sectors, including financial services, transportation, telecommunications, and energy, highlighting its commitment to enhancing data management and infrastructure innovation.

Vision Medicals Technology

Series D in 2021
Vision Medicals specializes in pathogenic gene diagnostic services, aiming to enhance medical treatment precision for infections. The company utilizes advanced technologies such as high-throughput sequencing-based pathogen metagenomics and CRISPR for rapid diagnostics, significantly improving the ability to detect clinical pathogens and reducing reporting times. Vision Medicals has developed proprietary nucleic acid enrichment technology to identify pathogenic micronucleic acids in clinical samples. By leveraging an extensive database of pathogen detection, the company has established a comprehensive pathogen macro, supported by a genomics intelligent analysis and reporting system. Through its focus on research and development, Vision Medicals seeks to lead the medical diagnostic industry with innovative detection technology platforms that enhance the efficiency and accuracy of medical diagnoses.

Ultraleap

Series D in 2021
Ultraleap Limited specializes in haptic control systems and 3D hand tracking technology, focusing on creating immersive user experiences. The company is recognized for its innovative haptic technology that utilizes ultrasound to generate tactile sensations in mid-air, allowing users to feel three-dimensional shapes and textures without physical contact. Its key products include the Leap Motion Controller, which tracks hand movements; the VR Developer Mount, designed for virtual reality applications; and the Gemini hand tracking platform. Ultraleap's solutions cater to a variety of industries, including extended reality, automotive, digital signage, industrial automation, consumer electronics, and location-based entertainment. Established in 2013 and headquartered in Bristol, United Kingdom, Ultraleap also has a subsidiary in Silicon Valley, United States. The company was previously known as Ultrahaptics until its rebranding in September 2019.

CargoX

Series F in 2021
CargoX is a technology freight marketplace that provides shipping companies and carriers a smart and efficient solution to transport the most diverse types of products in any parts of LATAM. Through technology, we connect over 10 thousand shippers with 1.4 million trucks to eliminate excess capacity. CargoX save on shipping costs for shippers, increase earnings for truckers and reduces C02 emissions generated by empty trucks on the road.

Xiaohongshu

Series E in 2021
Xiaohongshu, founded in 2013 and based in Shanghai, is a lifestyle sharing platform that facilitates the exchange of experiences through text, images, and videos. Initially created to assist overseas travelers with shopping, it has transformed into a vibrant community focused on various lifestyle topics, including cosmetics, fashion, food, travel, entertainment, reading, fitness, and childcare. The platform allows users to post their favorite products, share shopping experiences, and discover global merchandise, particularly in the luxury and fashion sectors. It serves as both a social network and a social e-commerce platform, enabling users to review and purchase products from abroad.

CARS24

Series F in 2021
CARS24 Services Pvt. Ltd. is a company based in Gurugram, India, that specializes in buying and selling used cars through a network of channel partners across various cities. Founded in 2015, the company aims to transform the used car market by providing a tech-enabled marketplace that ensures an efficient and reliable selling experience for car owners. CARS24 employs an AI-enabled pricing algorithm to offer accurate market and appraisal prices, enhancing transparency in transactions. Additionally, the company provides car inspection and valuation services, facilitating secure sales for customers. CARS24 also operates a financial services division that offers vehicle lending products to enhance customer financing options.

Kuaikan Manhua

Series F in 2021
Kuaikan Manhua is an online and mobile platform for original online comic artwork targeting young readers. Founded in 2014, Kuaikan Manhua is a comic-reading platform and community of interest that is popular among users. As of January 2019, the total number of users of the comics app is over 170 million, and the monthly users are over 40 million, and the market share in the comics market is more than half*. Kuaikan World’s vision is to build an ideal ecosystem of cultural-entertainment in the future, as well as bring happiness to the world. Kuaikan aims to help comic creators to create more widely-popular comics with positive, energetic and warm contents to millions of users.

QuintoAndar

Series E in 2021
QuintoAndar is a digital platform that streamlines the rental process for residential real estate in Brazil. Founded in February 2013 by Gabriel Braga and Andre Penha, and headquartered in São Paulo, the company provides a marketplace where users can access rental listings, schedule property visits, and finalize rental agreements without the need for extensive paperwork. QuintoAndar enhances the experience for both landlords and tenants by offering features such as rental insurance and automated payment processing, which eliminate the requirement for guarantors. This approach fosters a practical, transparent, and efficient rental experience, making it easier for individuals to navigate the real estate market.

Ualá

Series D in 2021
Ualá is a financial technology company that offers a digital banking application designed to enhance financial inclusion. The platform allows users to manage payments, request loans, and invest in a variety of financial products. Ualá provides services such as a prepaid Mastercard and savings accounts, facilitating safe and immediate money transfers through a traditional transactional payment network. By democratizing access to financial services, Ualá aims to empower individuals with the tools necessary for effective financial management.

HeyTea

Series D in 2021
HeyTea is a Chinese tea shop that specializes in cheese-topped tea and fruit tea. In 2012, HEYTEA originated from an alley in the riverside. Originally known as ROYALTEA , the royal tea was completely upgraded to the registered brand HEYTEA.

Lunar

Series D in 2021
Lunar is a digital challenger bank founded in 2015 by Ken Villum Klausen, headquartered in Copenhagen. The company provides a mobile-based banking app that enables users to manage their personal finances effectively. Its services include insurance, savings, budgeting tools, loans, and investment options, all accessible through the app. Lunar operates under its own banking license and offers both free accounts and a subscription-based service known as Lunar Premium. The company aims to expand its full personal and business banking operations while targeting profitability in key banking markets. Lunar has successfully raised €104 million from various investors and has established a presence in Aarhus, Stockholm, and Oslo, employing over 180 staff members. Additionally, the app facilitates online money transfers, payments, and account management in partnership with local banks, enhancing security and customer experience.

CMR Surgical

Series D in 2021
CMR Surgical Limited, based in Cambridge, United Kingdom, specializes in the design and manufacture of medical devices tailored for minimal access surgery. The company is recognized for its Versius surgical robotic system, which enhances laparoscopic surgical procedures by making them more accessible and affordable. Founded in 2014 and originally named Cambridge Medical Robotics, CMR Surgical aims to expand the capabilities of robotic surgery, allowing a broader range of procedures to be performed. The system provides surgeons with 3D high-definition imagery and real-time feedback, significantly improving the surgical experience and outcomes for patients.

Scalable Capital

Series E in 2021
Scalable Capital is a digital investment platform aiming to become a leader in Europe’s fintech landscape by integrating technology with investment services. It focuses on democratizing financial investments for both private investors and business clients through various partnerships. The platform employs proprietary risk management technology to streamline investment decisions, automatically allocating portfolios based on users' risk preferences. Additionally, it provides on-demand financial advice to enhance user engagement with capital markets, promoting smoother investment experiences and improved risk-adjusted returns. Supported by notable investors such as BlackRock and Tencent, Scalable Capital continues to expand its offerings and reach in the investment sector.

Soul APP

Series D in 2021
Launched in 2016, Soul App is now one of the leading social networking applications in China. With a robust user base among Chinese Gen Z, Soul was designed to empower self-value expression and foster genuine relationships based on interest graphs and AI algorithms. Soul aspires to build a virtual social playground for its users to socialize, connect and maintain relationships free from the geographic and social constraints. Soul is the first social networking platform in China that requires all users to interact through avatars, and has a unique business model driven by the integration of intensive user interactions and an engaging community. Soul distinguishes itself from other peers with focus on virtual identities, open-ended relationships based on interest graphs, extensive user generated content (UGC), decentralized content distribution and its proprietary technologies. Nowadays, Soul pioneers in embracing the AI technologies in the social networking industry to meet the evolving social demand from the younger generation. In 2020, Soul kicked off its AIGC technology R&D. In 2023, Soul launched a proprietary large language model (LLM), Soul X, and has seamlessly embedded AI capabilities across use cases on its platform, which epitomizes Soul's product philosophy of the “Synergic Model-application Interplay”.

Viva Wallet

Venture Round in 2021
Viva Wallet is a European neobank that operates entirely in the cloud, utilizing Microsoft Azure to provide its services across 23 countries. As a Principal Member of Visa and MasterCard, it offers card acceptance solutions for businesses of all sizes through innovative Smart Android terminals, a dedicated Viva Wallet POS app, and advanced payment gateways for online transactions. The company also provides business accounts featuring local IBANs and Viva Wallet Mastercard cards. In addition to its payment processing capabilities, Viva Wallet supports small to midsize businesses with various value-added services, including merchant cash advances, expense management, virtual debit card issuance, and cash disbursement. The company has established a subsidiary banking entity, VIVABANK SA, and operates as an E-money Institution, compliant with PSD II Directive provisions, allowing it to offer services across the entire EEA region.

Shumei Technology

Series D in 2021
Shumei Technology is an information technology company that provides an AI-based business risk control for companies and organizations. It specializes in SaaS, AI-based risk control service network, data-driven products, and bigdata. The company was founded in 2015 and headquartered in Wangjing, Beijing, China.

TrueLayer

Series D in 2021
TrueLayer Limited is a London-based company that provides an open banking platform enabling the development of financial applications. Founded in 2016, TrueLayer offers a toolkit that allows businesses to securely connect to bank data, verify accounts, and access real-time transaction information. Its platform supports various applications in payments, online lending, personal finance management, investment services, insurance, and cryptocurrencies. TrueLayer's solutions are utilized by fintech startups, online lenders, and personal finance managers, facilitating smarter and faster online payments by combining real-time bank transactions with financial and identity data. The company operates across 21 countries and serves over 10 million users, aiming to transform the payment landscape for businesses of all sizes.

PatSnap

Series E in 2021
PatSnap is an innovation intelligence platform that specializes in providing insights related to intellectual property (IP) and research and development (R&D). Founded in 2007 and headquartered in Singapore, the company serves over 10,000 customers across more than 50 countries. Its platform utilizes artificial intelligence to deliver comprehensive market, technology, and competitive intelligence, along with detailed patent insights. This allows innovators to identify new opportunities, assess risks, track competitors, and make informed decisions throughout the product development process, from ideation to commercialization.

Fadada.com

Series D in 2021
Fadada.com they are providing enterprises, governments and individuals with online collaborative signing and management services for electronic contracts and electronic documents based on legal digital signature technology.

Furong Xingsheng

Venture Round in 2021
Furong Xingsheng, founded in 2009 and based in Changsha, China, operates a network of convenience stores that focus on community shopping. The company offers a variety of fresh products, including vegetables, fruits, meat, poultry, seafood, and general merchandise. It employs a novel retail model that combines online ordering with offline pick-up, catering to the daily needs of household consumers. In addition to its retail operations, Furong Xingsheng also specializes in B2B logistics and distribution services, enhancing its efficiency in serving the local market.

Miaoshou Doctor

Series E in 2021
Miaoshou Doctor is a healthcare service platform for building an online communication service platform between patients and doctors. It helps healthcare professionals and patients to manage post-diagnosis outcomes and allows doctors to actively follow up with their patient's health through additional counseling and prescriptions. Tao He and Daoliang Han founded the company in 2015 and is based in Beijing, Beijing.

Beijing Yuan Xin

Series E in 2021
Beijing Yuanxin is a technology company that offers an integrated healthcare platform for pharmaceutical distribution and health insurance.

Reddit

Series E in 2021
Reddit is an online platform that allows users to submit links, create content, and participate in discussions on a wide range of topics. The company focuses on providing internet content and offers various online services across diverse categories, including gaming, sports, business, cryptocurrency, and television. By fostering a community-driven environment, Reddit enables users to engage with one another, share information, and explore their interests through a unique blend of user-generated content and discussions.

Yunxuetang

Series E in 2021
Jiangsu cloud school network Technology Co., Ltd. was established in December 2011. As a comprehensive training platform for enterprise training, cloud school will be the leading Internet technology and personnel training concept applied to the enterprise personnel training and development, and effectively help corporate customers to enhance the value of talent, help enterprises succeed. The BaaS model, which is the development of the enterprise's talent development business, provides the professional enterprise university's overall solution through the "software platform, course service, course creation tool, operation service" and other dimensions. Cloud school music advocate "a business is a university" concept, is the cloud school BaaS business model landing on behalf of the product.

Spark Education

Series E in 2021
Spark Education is a global online education company that focuses on developing critical thinking skills in children through interactive live instruction, animations, and games. Founded in 2018, it has quickly gained traction, attracting over half a million users worldwide. The company’s offerings include various educational platforms such as Spark Math, which combines Singapore Math with Common Core standards, and Spark Chinese for language learning. Additionally, Spark Education encompasses Huohua Siwei, an online Chinese-language learning service, Allschool, an online marketplace that connects teachers and learners, and ClassPod, which facilitates interactive small-group classes. The organization is backed by prominent investors and aims to inspire a passion for learning and foster lifelong growth in its students.

Keep

Series F in 2021
Keep is a young team that loves sports and is also a group of Geeks who pursue the ultimate experience. They focus on application development in the field of mobile sports, advocate the spirit of open sharing, do not imitate, do not follow suit, and only do cool products. In the age of their lives, the fitness culture is awakening, there should be more professional tools, a more pure community, and make the body easier. This is what Keep is doing. They hope that through technology-driven, more people will love fitness and enjoy sports.

WorkTrans

Series D in 2021
WorkTrans is a human resource management software developer based in China that offers a comprehensive platform designed to enhance various HR functions. The company's software provides diversified attendance management, mobile scheduling, and unified oversight, facilitating efficient payroll processing, roster management, recruitment, and training. By streamlining these processes, WorkTrans aims to improve recruiting efficiency and expand development opportunities for its clients, allowing organizations to adapt to their evolving workforce needs.

Udaan

Series D in 2021
Udaan operates as a comprehensive B2B e-commerce platform in India, connecting businesses with suppliers across various sectors, including FMCG, pharmaceuticals, and staples. The platform addresses key trade challenges faced by small, medium, and large enterprises by enabling direct connections for better deals. Udaan facilitates the buying and selling process through secure payment options and efficient logistics, allowing retailers and businesses to source products from manufacturers, brands, white labels, and importers all in one place. Additionally, Udaan provides financial products to support small businesses, thereby streamlining supply chain operations and enhancing overall efficiency in the marketplace.

DXY

Series E in 2020
DXY is an online healthcare community based in Hangzhou, Zhejiang, China, that connects healthcare professionals, consumers, and organizations. Founded in 2000 by Li Tiantian and Jin Zhang, the platform serves as a social media network focused on pharmaceuticals and life sciences, providing communication tools to enhance user productivity. DXY offers a wealth of resources, including informative articles on recent research and general health advice, facilitating knowledge exchange among physicians and life science professionals. Additionally, the company provides public health services online and engages in precision digital marketing. DXY is supported by prominent investors such as Trustbridge Partners, Tencent, and Hillhouse Capital, among others.

Medbanks

Series E in 2020
Medbanks Network Technology, founded in 2014 and based in Beijing, specializes in data processing services for the healthcare sector. The company focuses on developing an oncology database that compiles clinical and professional medical service information gathered from hospitals. This resource aims to enhance the understanding and management of cancer care. In addition, Sipai Health Technology Co Ltd operates within the medical technology and health management space in China, encompassing three main segments: specialty pharmacy, physician research assistance, and health insurance services. The specialty pharmacy segment is the primary revenue driver, while the company predominantly conducts its business within the People's Republic of China.

Mininglamp

Series E in 2020
MiningLamp is a rapidly growing startup based in Beijing, China, established in 2014, specializing in big data solutions for enterprises. The company focuses on advanced applications of artificial intelligence in industries characterized by high knowledge and management complexity. MiningLamp assists clients in building their own knowledge graphs and leveraging artificial intelligence to transform data into actionable insights. By integrating perceptual and cognitive intelligence, it facilitates collaboration among people, machines, and organizations through multi-modal artificial intelligence and big data technologies. Its offerings include a self-developed big data platform that provides tools for data insight, business intelligence discovery, and data association analysis, enabling clients to effectively analyze and utilize both structured and unstructured data. Notable clients include China UnionPay, CCTV, and China Postal Savings Bank, showcasing MiningLamp's capability to enhance decision-making and operational efficiency, ultimately supporting digital transformation initiatives.

Gaiaworks

Series D in 2020
GaiaWorks develops a cloud-based workforce management platform designed to enhance operational efficiency for organizations. By integrating time and attendance tracking, intelligent scheduling, and labor optimization, the platform simplifies compliance and helps control labor costs. Utilizing data prediction derived from historical business metrics, such as sales volume and transaction numbers, GaiaWorks enables businesses to forecast labor needs accurately for upcoming cycles. This approach not only reduces compliance risks but also improves employee satisfaction and productivity. The company's solutions aim to provide a streamlined and effective way for organizations to manage their workforce.

Waterdrop

Series E in 2020
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

Udemy

Series F in 2020
Udemy, Inc. is an online learning platform that offers a wide range of courses for students globally, covering subjects such as development, business, finance, IT, personal development, design, marketing, and health. Founded in 2010 and headquartered in San Francisco, California, the company also provides corporate learning solutions through Udemy Business, which offers subscription access to thousands of courses and tools for employee training and development. The platform hosts a diverse marketplace with content in various languages, allowing learners to connect with real-world experts. Udemy operates primarily in North America and is structured into two segments: Consumer and Enterprise, with the latter generating the most revenue. The company's focus on leveraging data and technology aims to enhance the learning experience and facilitate effective skill development for individuals and organizations.

Zhenkunxing

Series E in 2020
ZKH is a digital service platform for industrial products that offers comprehensive supply chain solutions based on an E-commerce platform, digital tools, and intelligent service. Its platform offers a comprehensive selection of industrial accessories, consumables, general equipment, and spare parts. There are 28 product lines and over 4 million SKUs available, including PPE, hand tools, metal processing, fasteners, instruments, chemicals, and so on.

Hefu Noodle

Series D in 2020
Hefu Noodle is a noodle restaurant chain brand, and is committed to growing into the first brand of “Chinese-style high-end fast food”

Spark Education

Series E in 2020
Spark Education is a global online education company that focuses on developing critical thinking skills in children through interactive live instruction, animations, and games. Founded in 2018, it has quickly gained traction, attracting over half a million users worldwide. The company’s offerings include various educational platforms such as Spark Math, which combines Singapore Math with Common Core standards, and Spark Chinese for language learning. Additionally, Spark Education encompasses Huohua Siwei, an online Chinese-language learning service, Allschool, an online marketplace that connects teachers and learners, and ClassPod, which facilitates interactive small-group classes. The organization is backed by prominent investors and aims to inspire a passion for learning and foster lifelong growth in its students.

WM Motor

Series D in 2020
WM Motor is an automotive company that designs, manufactures, develops, and markets energy and battery-operated vehicles. It provides energy vehicle products and travel solutions to its customers. The company aims to conserve electronic vehicles in addition to intelligent data hardware, enabling consumers to utilize smart cars that are efficient and energy conserving. WM Motor’s products are built with three core technologies, the Living Motion electric powertrain, the Living Pilot intelligent driving assistance system, and the Living Engine operating system, which offers industry-leading smart connectivity and interactive features.

KYEE

Series D in 2020
KYEE is a manufacturer of products and services for the medical cloud business that covers many fields, such as medical cloud, smart ward, and big data in health care. The company's process of deepening medical information technology. KYEE helps medical institutions improve service quality and efficiency, ensuring medical safety effectively.

Waterdrop

Series D in 2020
Waterdrop is a leading technology platform dedicated to insurance and healthcare service with a positive social impact. It's the largest independent third-party insurance platform in China in terms of life and health insurance first year premiums, distributed in 2020, according to iResearch. Through Waterdrop Insurance Marketplace and Medical Crowdfunding platforms, Waterdrop have built a massive social network of protection and support for people, raising awareness of insurance and ultimately providing insurance and healthcare service to consumers in China. It had listed on the New York Stock Exchange under the symbol “WDH” in May 2021.

Practo

Series D in 2020
Practo is an online healthcare platform that facilitates various medical services for individuals and families. It allows users to assess health issues, find suitable doctors, book diagnostic tests, obtain medicines, and store health records, all in one place. The platform also enables patients to consult with doctors online, streamlining the appointment scheduling process and eliminating the need for physical visits to clinics. In addition to serving patients, Practo offers healthcare providers a comprehensive tool to enhance their online presence and engage more effectively with patients, thereby fostering deeper connections within the healthcare community.

UiPath

Series E in 2020
UiPath Inc. develops robotic process automation (RPA) software for enterprises, providing a comprehensive platform designed for hyper automation. This platform enables organizations to identify automation opportunities, build and manage automations, and optimize them at scale. It integrates artificial intelligence to facilitate seamless collaboration between human workers and robots, enhancing operational efficiency. UiPath's solutions cater to a diverse range of industries, including finance, healthcare, manufacturing, and retail, automating various processes such as accounts payable, claims processing, and customer service. Established in 2005 and headquartered in New York, UiPath also offers deployment options in both cloud and on-premise environments, ensuring robust governance and control over automation initiatives.

Missfresh

Series E in 2020
Beijing Missfresh E-Commerce Co., Ltd. is a Chinese e-commerce platform focused on grocery delivery, specializing in high-quality fresh food. Founded in November 2014 and based in Beijing, the company operates a mobile application that allows consumers to purchase a wide variety of products, including fruits, vegetables, dairy, meat, seafood, snacks, and beverages. Missfresh delivers these items directly to customers' doorsteps through its network of delivery riders. The company serves 20 cities across China and integrates its services with third-party social platforms to enhance user accessibility. Its business model combines online and offline retail, catering to the growing demand for convenient and fresh grocery shopping solutions.

Keep

Series E in 2020
Keep is a young team that loves sports and is also a group of Geeks who pursue the ultimate experience. They focus on application development in the field of mobile sports, advocate the spirit of open sharing, do not imitate, do not follow suit, and only do cool products. In the age of their lives, the fitness culture is awakening, there should be more professional tools, a more pure community, and make the body easier. This is what Keep is doing. They hope that through technology-driven, more people will love fitness and enjoy sports.

Soul APP

Series D in 2020
Launched in 2016, Soul App is now one of the leading social networking applications in China. With a robust user base among Chinese Gen Z, Soul was designed to empower self-value expression and foster genuine relationships based on interest graphs and AI algorithms. Soul aspires to build a virtual social playground for its users to socialize, connect and maintain relationships free from the geographic and social constraints. Soul is the first social networking platform in China that requires all users to interact through avatars, and has a unique business model driven by the integration of intensive user interactions and an engaging community. Soul distinguishes itself from other peers with focus on virtual identities, open-ended relationships based on interest graphs, extensive user generated content (UGC), decentralized content distribution and its proprietary technologies. Nowadays, Soul pioneers in embracing the AI technologies in the social networking industry to meet the evolving social demand from the younger generation. In 2020, Soul kicked off its AIGC technology R&D. In 2023, Soul launched a proprietary large language model (LLM), Soul X, and has seamlessly embedded AI capabilities across use cases on its platform, which epitomizes Soul's product philosophy of the “Synergic Model-application Interplay”.

N26

Series D in 2020
N26 is a digital banking platform based in Berlin, Germany, that provides mobile banking solutions to customers across the European Union. Founded in 2013, the company offers a range of financial services, including international money transfers, investment options, overdraft facilities, and the ability to withdraw and deposit cash at retail locations. Its mobile banking application allows users to manage their current and fixed accounts, as well as other banking services, with ease and convenience. By focusing on user-friendly technology, N26 aims to enhance the banking experience for its customers, enabling them to control their financial activities directly from their smartphones.

Airwallex

Series D in 2020
Airwallex is a global payment and financial platform designed to streamline international transactions and reduce the costs associated with traditional financial systems. It offers a comprehensive suite of services, including payment processing, treasury management, and spend management, all integrated into a single platform. By utilizing a network of local payment systems and application programming interfaces, Airwallex allows businesses to issue and pay invoices in their preferred currencies at competitive exchange rates. The company aims to empower entrepreneurs and businesses by providing them with the tools necessary to expand their operations and seize opportunities in markets worldwide.

Mininglamp

Series E in 2020
MiningLamp is a rapidly growing startup based in Beijing, China, established in 2014, specializing in big data solutions for enterprises. The company focuses on advanced applications of artificial intelligence in industries characterized by high knowledge and management complexity. MiningLamp assists clients in building their own knowledge graphs and leveraging artificial intelligence to transform data into actionable insights. By integrating perceptual and cognitive intelligence, it facilitates collaboration among people, machines, and organizations through multi-modal artificial intelligence and big data technologies. Its offerings include a self-developed big data platform that provides tools for data insight, business intelligence discovery, and data association analysis, enabling clients to effectively analyze and utilize both structured and unstructured data. Notable clients include China UnionPay, CCTV, and China Postal Savings Bank, showcasing MiningLamp's capability to enhance decision-making and operational efficiency, ultimately supporting digital transformation initiatives.

Ke.com

Series D in 2020
Beike (www.ke.com) was founded in early 2018, China's newest, smartest and technology-driven multi-service property platform, designed to improve user experience and increase exposure for our trusted partners at the same time. Beike is an open platform and enables excellent agents to use resources more effectively, together to be a high-quality ecosystem of second-hand property, new property, rental property and decoration on the one hand. On the other, All accredited partners through providing high-quality housing and technical support, and partner could apply to be a franchisee. In the following several years, Beike aims to cover over 300 cities in China and franchise more than 100 partners, linking 100 thousand branches and 1 million property agents and serving over 200 million households. Beike Overseas was designed to meet the needs for the growing number of Chinese families seeking overseas property, including new property, secondhand property, and rental property. Beike overseas now covers 11 countries, the U.S., Canada, Australia, New Zealand, the U.K., France,Germany, Singapore, Japan, Thailand, and Korea, and has over 10,000 listings online.

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.

BOSS Zhipin

Series E in 2019
BOSS Zhipin is an online recruitment platform in China in terms of average MAU. BOSS Zhipin are a pioneer in introducing a disruptive model which is transforming China’s online recruitment industry – the Direct Recruitment Model. Our mobile-native product promotes instant direct chats between Bosses and job seekers, delivers accurate recommendation results, and is powered by proprietary AI algorithms and big data insights.

Gaosi Education Group

Series D in 2019
Gaosi Education Group is a Chinese educational and training institution. It is a domestic extracurricular tutorial institution that provides services for middle and primary schools. Gaosi Education Group offers courses for gifted children from primary school to junior high school. It has set up personalized one-to-one teaching centers, where mathematics competitions for primary, secondary, and high schools are one of the featured courses. Gaosi currently has nearly 10,000 students and 100 full-time teachers and personnel of teaching and researching teams. The institution was founded in December 2009 and is headquartered in Gaosi Education Building, Wudaokou, Haidian District, Beijing.

Medbanks

Series D in 2019
Medbanks Network Technology, founded in 2014 and based in Beijing, specializes in data processing services for the healthcare sector. The company focuses on developing an oncology database that compiles clinical and professional medical service information gathered from hospitals. This resource aims to enhance the understanding and management of cancer care. In addition, Sipai Health Technology Co Ltd operates within the medical technology and health management space in China, encompassing three main segments: specialty pharmacy, physician research assistance, and health insurance services. The specialty pharmacy segment is the primary revenue driver, while the company predominantly conducts its business within the People's Republic of China.

Tuhu

Series F in 2019
Tuhu is a prominent integrated online and offline platform for automotive services in China, catering to car owners' diverse needs. Operating in over 260 cities, Tuhu offers same-day or next-day delivery and installation services for automobile after-sales products. The company utilizes its website, mobile app, call center, and third-party e-commerce platforms to deliver a digitalized and on-demand service experience. Tuhu's platform addresses a wide range of automotive service demands, including the replacement of tires and chassis parts, as well as auto maintenance, repair, and detailing. By connecting car owners with suppliers and automotive service stores, Tuhu effectively fulfills the requirements of most passenger vehicle models sold in China.

TaiMei Technology

Series E in 2019
TaiMei Technology is a digital innovator specializing in the research and development sector of the life sciences industry. The company has created a comprehensive digital platform that facilitates clinical research by offering insights into various stages of drug development, pharmacovigilance, marketing, and market access. By leveraging advanced technologies such as artificial intelligence, big data, cloud computing, and mobile internet, TaiMei provides integrated solutions that support industry stakeholders throughout the entire product life cycle. The platform encompasses a range of functionalities, including clinical data management, medical imaging, trial management, and drug monitoring, all aimed at enhancing clinical research efficiency. Ultimately, TaiMei Technology is focused on building the future infrastructure of the life sciences industry to expedite product launches, improve drug safety, and enhance accessibility for patients and healthcare providers.

Udaan

Series D in 2019
Udaan operates as a comprehensive B2B e-commerce platform in India, connecting businesses with suppliers across various sectors, including FMCG, pharmaceuticals, and staples. The platform addresses key trade challenges faced by small, medium, and large enterprises by enabling direct connections for better deals. Udaan facilitates the buying and selling process through secure payment options and efficient logistics, allowing retailers and businesses to source products from manufacturers, brands, white labels, and importers all in one place. Additionally, Udaan provides financial products to support small businesses, thereby streamlining supply chain operations and enhancing overall efficiency in the marketplace.

VIPKid

Series E in 2019
VIPKid is an education technology company that facilitates real-time online English immersion learning for children, primarily in China. Founded in 2013 and launched in 2014, VIPKid connects over 500,000 paying students with more than 60,000 teachers from the United States and Canada. The platform aims to provide an American elementary school experience, allowing Chinese students, especially those in remote areas, to learn English and gain a broader understanding of the world from their homes. VIPKid emphasizes personalized learning to cater to the unique needs of each student, fostering curiosity and cultural exchange. The company has established itself as a market leader in online education in China, attracting significant investments from notable venture capital firms.

IngageApp

Series E in 2019
Xiaoshouyi develops software solutions for customer relationship, sales force, and workforce management. IngageApp provides a next-generation CRM solution by leveraging mobile social platform and big data technologies. With its SaaS and PaaS framework, the solution empowers users to engage, sell and provide services to their customers through a seamlessly integrated end-to-end process from marketing automation, sales automation, partner relationship management, to customer and field services. Founded in 2011, in 2017 IngageApp became the first Chinese CRM vendor to be named in Gartner Magic Quadrant for Sales Force Automation (SFA). More than 4,000 companies in over 20 industries use IngageApp to grow their business. Founded by Allan Shi, IngageApp is based in Beijing, China with offices across China and an R&D center in the Silicon Valley. IngageApp has raised several rounds of venture funding from leading investors like Sequoia, Tencent and Matrix Partners.

Kuaikan Manhua

Corporate Round in 2019
Kuaikan Manhua is an online and mobile platform for original online comic artwork targeting young readers. Founded in 2014, Kuaikan Manhua is a comic-reading platform and community of interest that is popular among users. As of January 2019, the total number of users of the comics app is over 170 million, and the monthly users are over 40 million, and the market share in the comics market is more than half*. Kuaikan World’s vision is to build an ideal ecosystem of cultural-entertainment in the future, as well as bring happiness to the world. Kuaikan aims to help comic creators to create more widely-popular comics with positive, energetic and warm contents to millions of users.

Yijiupi

Series D in 2019
Yijiupi is an e-commerce company based in Wuhu, Anhui, China, that focuses on restructuring the wine supply chain while expanding into the beverage and food industries. Founded in September 2014, Yijiupi operates a platform that facilitates the wholesale distribution of premium alcoholic products, allowing consumers to access a diverse range of offerings from a single, efficient source. The company promotes nationwide distribution channels for liquor stores and also provides services such as warehouse and distribution sharing, as well as supply chain financial services. This approach aims to enhance the overall user experience by streamlining access to alcoholic and snack products.

Nubank

Series F in 2019
Nubank is a prominent digital bank revolutionizing finance with its customer-centric approach. It provides a variety of services, including credit cards, personal loans, and digital payments, all accessible through a simple mobile app. Known for transparency, ease of use, and low fees, Nubank aims to empower users with innovative solutions for better financial management.

N26

Series D in 2019
N26 is a digital banking platform based in Berlin, Germany, that provides mobile banking solutions to customers across the European Union. Founded in 2013, the company offers a range of financial services, including international money transfers, investment options, overdraft facilities, and the ability to withdraw and deposit cash at retail locations. Its mobile banking application allows users to manage their current and fixed accounts, as well as other banking services, with ease and convenience. By focusing on user-friendly technology, N26 aims to enhance the banking experience for its customers, enabling them to control their financial activities directly from their smartphones.

Zhenkunxing

Series D in 2019
ZKH is a digital service platform for industrial products that offers comprehensive supply chain solutions based on an E-commerce platform, digital tools, and intelligent service. Its platform offers a comprehensive selection of industrial accessories, consumables, general equipment, and spare parts. There are 28 product lines and over 4 million SKUs available, including PPE, hand tools, metal processing, fasteners, instruments, chemicals, and so on.

Mafengwo

Series E in 2019
Mafengwo is a Chinese travel social networking site that allows users to share and explore travel experiences. It features over one million user-generated travel guides and more than five million ratings and reviews, covering a wide range of travel-related information such as hotels, flights, travel routes, visas, and insurance. Since its inception, Mafengwo has served more than 25 million users and emphasizes user experience by continually enhancing its platform for sharing travel insights. Its core product, the Travel Guide, includes information on over 95% of global travel destinations and has achieved over 100 million downloads. In 2012, the platform expanded its offerings by integrating booking services from various providers, thereby enhancing its utility for travelers. The company has also attracted significant investment, raising $15 million in Series B funding to support its growth and development.

Mininglamp

Series D in 2019
MiningLamp is a rapidly growing startup based in Beijing, China, established in 2014, specializing in big data solutions for enterprises. The company focuses on advanced applications of artificial intelligence in industries characterized by high knowledge and management complexity. MiningLamp assists clients in building their own knowledge graphs and leveraging artificial intelligence to transform data into actionable insights. By integrating perceptual and cognitive intelligence, it facilitates collaboration among people, machines, and organizations through multi-modal artificial intelligence and big data technologies. Its offerings include a self-developed big data platform that provides tools for data insight, business intelligence discovery, and data association analysis, enabling clients to effectively analyze and utilize both structured and unstructured data. Notable clients include China UnionPay, CCTV, and China Postal Savings Bank, showcasing MiningLamp's capability to enhance decision-making and operational efficiency, ultimately supporting digital transformation initiatives.

Ke.com

Series D in 2019
Beike (www.ke.com) was founded in early 2018, China's newest, smartest and technology-driven multi-service property platform, designed to improve user experience and increase exposure for our trusted partners at the same time. Beike is an open platform and enables excellent agents to use resources more effectively, together to be a high-quality ecosystem of second-hand property, new property, rental property and decoration on the one hand. On the other, All accredited partners through providing high-quality housing and technical support, and partner could apply to be a franchisee. In the following several years, Beike aims to cover over 300 cities in China and franchise more than 100 partners, linking 100 thousand branches and 1 million property agents and serving over 200 million households. Beike Overseas was designed to meet the needs for the growing number of Chinese families seeking overseas property, including new property, secondhand property, and rental property. Beike overseas now covers 11 countries, the U.S., Canada, Australia, New Zealand, the U.K., France,Germany, Singapore, Japan, Thailand, and Korea, and has over 10,000 listings online.

Reddit

Series D in 2019
Reddit is an online platform that allows users to submit links, create content, and participate in discussions on a wide range of topics. The company focuses on providing internet content and offers various online services across diverse categories, including gaming, sports, business, cryptocurrency, and television. By fostering a community-driven environment, Reddit enables users to engage with one another, share information, and explore their interests through a unique blend of user-generated content and discussions.

N26

Series D in 2019
N26 is a digital banking platform based in Berlin, Germany, that provides mobile banking solutions to customers across the European Union. Founded in 2013, the company offers a range of financial services, including international money transfers, investment options, overdraft facilities, and the ability to withdraw and deposit cash at retail locations. Its mobile banking application allows users to manage their current and fixed accounts, as well as other banking services, with ease and convenience. By focusing on user-friendly technology, N26 aims to enhance the banking experience for its customers, enabling them to control their financial activities directly from their smartphones.

Youcheyihou.com

Series D in 2019
Youcheyihou.com is a car media platform providing small program and mobile app services as well as e-commerce for car supplies.

Yuanfudao

Series F in 2018
Founded in 2012, Yuanfudao is the largest online live courseplatform servicing primary and secondary school students in China. With a paying userbase of over 1 million, Yuanfudao offers a comprehensive curriculum spanning fromprimary school English, Mathematical Olympiad to all-subject courses in secondaryschool. Its unique online feature and large pool of quality teachers enable students toaccess live online tutoring at home taught by national renowned teachers, benefitinghundreds of thousands of students across the country.

Discord

Series F in 2018
Discord is a communication platform that provides voice, video, and text services for individuals and communities to connect and interact. Initially designed for gamers, it has since expanded its user base to include various groups such as hiking clubs, art communities, and study groups. The platform enables seamless communication through voice-over-internet protocol and instant messaging, accessible on both desktop and mobile devices. This versatility allows users to engage with friends and communities effectively, whether for leisure or collaborative activities, without compromising performance during gaming or other online interactions.

Medbanks

Series D in 2018
Medbanks Network Technology, founded in 2014 and based in Beijing, specializes in data processing services for the healthcare sector. The company focuses on developing an oncology database that compiles clinical and professional medical service information gathered from hospitals. This resource aims to enhance the understanding and management of cancer care. In addition, Sipai Health Technology Co Ltd operates within the medical technology and health management space in China, encompassing three main segments: specialty pharmacy, physician research assistance, and health insurance services. The specialty pharmacy segment is the primary revenue driver, while the company predominantly conducts its business within the People's Republic of China.

Gojek

Series F in 2018
Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics. The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, and MSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings. The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran.

Leke Sports

Series D in 2018
Leke Sports focuses on providing health management and sports fitness services for corporate employees.

Yijiupi

Series D in 2018
Yijiupi is an e-commerce company based in Wuhu, Anhui, China, that focuses on restructuring the wine supply chain while expanding into the beverage and food industries. Founded in September 2014, Yijiupi operates a platform that facilitates the wholesale distribution of premium alcoholic products, allowing consumers to access a diverse range of offerings from a single, efficient source. The company promotes nationwide distribution channels for liquor stores and also provides services such as warehouse and distribution sharing, as well as supply chain financial services. This approach aims to enhance the overall user experience by streamlining access to alcoholic and snack products.

Tuhu

Series E in 2018
Tuhu is a prominent integrated online and offline platform for automotive services in China, catering to car owners' diverse needs. Operating in over 260 cities, Tuhu offers same-day or next-day delivery and installation services for automobile after-sales products. The company utilizes its website, mobile app, call center, and third-party e-commerce platforms to deliver a digitalized and on-demand service experience. Tuhu's platform addresses a wide range of automotive service demands, including the replacement of tires and chassis parts, as well as auto maintenance, repair, and detailing. By connecting car owners with suppliers and automotive service stores, Tuhu effectively fulfills the requirements of most passenger vehicle models sold in China.

Missfresh

Series D in 2018
Beijing Missfresh E-Commerce Co., Ltd. is a Chinese e-commerce platform focused on grocery delivery, specializing in high-quality fresh food. Founded in November 2014 and based in Beijing, the company operates a mobile application that allows consumers to purchase a wide variety of products, including fruits, vegetables, dairy, meat, seafood, snacks, and beverages. Missfresh delivers these items directly to customers' doorsteps through its network of delivery riders. The company serves 20 cities across China and integrates its services with third-party social platforms to enhance user accessibility. Its business model combines online and offline retail, catering to the growing demand for convenient and fresh grocery shopping solutions.

Dream11

Series D in 2018
Dream11 operates as a sports technology platform. Dream 11 offers a unique sports engagement experience for Cricket, Football, Kabaddi, Basketball, Hockey, Volleyball, Baseball and Handball.

Kaochong

Series D in 2018
Kaochong is an online education platform that offers English test preparation classes for the College English Test (CET), IELTS, TOEFL, and other.
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