ZhenFund is a seed fund and venture capital firm established in 2011 by New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang, in collaboration with Sequoia Capital China. Based in Beijing, with additional offices in Shenzhen, Shanghai, and Silicon Valley, ZhenFund focuses on investing in innovative startups across various sectors including e-commerce, education, artificial intelligence, fintech, and healthcare. With a portfolio that includes over 800 companies and more than 30 unicorns, ZhenFund emphasizes the importance of exceptional founding teams in building successful businesses. The firm provides entrepreneurs with comprehensive support through mentorship, biannual demo days for networking with top Chinese venture capitalists, and various consulting services. ZhenFund has received recognition as the leading early-stage investment firm for six consecutive years, highlighting its influence and effectiveness in the startup ecosystem.
China World Trade Center (Guomao), No. 1 Jian Guo Men Wai Avenue, Chaoyang District, Beijing 100004, China
Yusen Dai
Managing Partner
Anna Fang
Partner and CEO
Grace Gu
Principal and Head of Eastern China
Yuan Liu
Partner
Tianyi Qin
Principal
Yuguang Sun
Investment Associate
Lulu Sun
VP
Debbie Wang
VP
Terry Wang
Venture Partner
Fangzhou Yao
Managing Director
Li Yi
Investment Associate
Emma Yin
Partner
Meng Yuan
Investment Associate
Jack Zheng
Managing Partner
Past deals in Asia
U Power
Series B in 2023
U Power is an intelligent electric vehicle company that builds cars for scenarios. It aims to enable scenario owners to define cars through standardized UP super chassis and to achieve Car as a Service. The company is headquartered in Xuhui District, Shanghai, China.
Xiangke Intelligence
Angel Round in 2023
Tsinghua University, Beijing University of Aeronautics and Astronautics, computer and robotics professionals, and industrial serial entrepreneurs founded Xiangke Intelligence. It was established by the former founder of "Speed Technology" and the general manager of SharkNinja China Robot R&D Centre.
Tusk Robots
Angel Round in 2022
Tusk Robots is a Hong Kong-based robotics company established in 2020 that specializes in the research and development of robotic solutions aimed at enhancing intelligent logistics within smart factories. The company creates intelligent pallet robots designed for diverse sectors, including medicine, electronics, automotive parts, tobacco, chemicals, retail, apparel, and eCommerce. By providing effective handling solutions, Tusk Robots aims to facilitate intelligent logistics and support the advancement of smart manufacturing processes for various enterprises.
Recurrent.ai
Venture Round in 2021
Recurrent.ai is a Chinese company that specializes in AI-enabled corporate services aimed at enhancing sales efficiency. The company offers a comprehensive sales dialogue analysis system that converts voice interactions into text, facilitating in-depth analysis of sales calls and customer service conversations. By leveraging machine learning, Recurrent.ai helps businesses generate detailed big data dialogue analysis reports and maintain customer portrait records. These capabilities enable companies to optimize their sales processes, reduce labor costs, and improve sales conversion rates, ultimately supporting more informed decision-making.
X-Epic
Series A in 2020
X-Epic is a startup based in Nanjing, China, focused on developing electronic design automation (EDA) software and systems. The company's offerings are designed to deliver comprehensive verification solutions that support the integrated circuit industry, as well as sectors such as 5G, artificial intelligence, cloud services, and high-performance computing. By providing innovative tools and systems, X-Epic aims to lower barriers to entry in the integrated circuit market and address various challenges related to chip design verification.
Betterwood
Seed Round in 2020
Betterwood is a developer focused on creating management systems specifically for newly built hotels. The company offers an outsourcing solution that facilitates online hotel reservations, enabling hotels that lack their own websites to effectively reach and attract online customers. By streamlining the reservation process, Betterwood aims to enhance the operational efficiency of these hotels, allowing them to compete in the digital marketplace. The company is particularly active in markets such as China, where it seeks to support the growth of the hospitality sector.
X-Epic
Seed Round in 2020
X-Epic is a startup based in Nanjing, China, focused on developing electronic design automation (EDA) software and systems. The company's offerings are designed to deliver comprehensive verification solutions that support the integrated circuit industry, as well as sectors such as 5G, artificial intelligence, cloud services, and high-performance computing. By providing innovative tools and systems, X-Epic aims to lower barriers to entry in the integrated circuit market and address various challenges related to chip design verification.
Banlan Information Technology (Shanghai)
Series B in 2020
Banlan Information Technology (Shanghai) Co., Ltd. is a Chinese company that specializes in providing design materials and execution tools for the soft decoration segment of the home design process. The company operates under the brand Zhulogic, which offers a comprehensive design material library to assist designers in their projects. In addition to its design resources, Banlan focuses on facilitating the transformation and upgrading of the home furnishings manufacturing industry, helping to modernize and enhance production processes. Through these services, Banlan aims to support professionals in creating aesthetically pleasing and functional home environments.
Qinglei Technology
Angel Round in 2020
Beijing Qinglei Technology Co., Ltd. specializes in radar sensing technology for both military and civilian applications. The company focuses on the research and development of millimeter-wave radar intelligent sensing solutions, which cater to a variety of sectors, including smart homes, wearable devices, healthcare, and security. Qinglei Technology aims to provide innovative AIoT solutions, enhancing functionalities in smartphones, smart cars, and vital signs monitoring, among other areas. Based in Beijing, China, the company is positioned as a technology startup in the radar sensing domain.
Syrius Robotics
Series A in 2020
Syrius Robotics, founded in 2018 and based in Shenzhen, China, specializes in manufacturing autonomous mobile robots for material handling in various sectors, including e-commerce, retail, and logistics. The company develops its own operational systems, software platforms, and AIoT cloud services to enhance the efficiency of fulfillment centers and warehouses worldwide. Utilizing advanced technologies such as Artificial Intelligence, laser radar, and camera systems, Syrius Robotics provides intelligent logistics solutions that improve productivity and streamline logistics management. Their products are increasingly adopted by a diverse range of commercial organizations beyond the transportation industry, showcasing the versatility of their automation solutions.
Perfect Diary
Venture Round in 2020
Perfect Diary is an e-commerce-based cosmetic brand. The company is committed to exploring the trends in international cosmetics and the frontiers of fashion to provide easy-to-use cosmetics products for young Asian women.Perfect Diary is professional in branding and online traffic management. By launching co-branded cosmetic products with KOLs, idols and even some famous organizations like the British Museum
MioTech
Series A in 2020
MioTech is an artificial intelligence platform that empowers investment managers to better serve their clients in a world of complex data. By integrating and analyzing data from all types of sources, MioTech streamlines the entire investment process, creating an ultimate data-driven investing experience. MioTech has offices in Shanghai and Hong Kong. MioTech is backed by Horizons Ventures, ZhenFund, and prestigious individual investors around the world.
Recurrent.ai
Series A in 2019
Recurrent.ai is a Chinese company that specializes in AI-enabled corporate services aimed at enhancing sales efficiency. The company offers a comprehensive sales dialogue analysis system that converts voice interactions into text, facilitating in-depth analysis of sales calls and customer service conversations. By leveraging machine learning, Recurrent.ai helps businesses generate detailed big data dialogue analysis reports and maintain customer portrait records. These capabilities enable companies to optimize their sales processes, reduce labor costs, and improve sales conversion rates, ultimately supporting more informed decision-making.
Duobaoyu Insurance
Series B in 2019
Duobaoyu Insurance provides an online insurance service platform. It began operation in 2017, with its headquarters in Hangzhou in China.
Xbiome
Series A in 2019
Xbiome is a pioneering pharmaceutical company in China focused on intestinal micro-ecology, utilizing artificial intelligence to enhance gut health management for a population of 1.3 billion. The company specializes in developing microbial pharmaceuticals aimed at treating microecological intestinal disorders. By analyzing both patient and donor intestinal flora, Xbiome accelerates the creation of effective treatments. Their innovative approach includes the use of living biological drugs and microbial small molecule modulators, which aim to provide patients with relief from various gastrointestinal diseases.
Citcon
Series B in 2019
Citcon, founded in 2015 and headquartered in Silicon Valley, California, is a prominent payment technology company that facilitates mobile payments for global merchants. The company has developed a comprehensive platform that connects merchants with a wide array of mobile wallets and digital payment methods, enabling them to securely accept payments through web, mobile, and in-store channels. Citcon's infrastructure offers a user-friendly, contactless shopping experience that enhances security for both consumers and merchants. Through a single API suite and an integrated processing and fund settlement platform, businesses can efficiently manage domestic and international transactions. With a presence in the U.S., Canada, Europe, and Asia, Citcon serves millions of mobile wallet users, allowing them to shop at tens of thousands of participating merchants.
COHO
Series B in 2018
It is a Shanghai-based company that develops workforce management software. Its product can track work attendance, work process and offer smart scheduling.
Global Scanner
Series A in 2018
Global Scanner is a social e-commerce platform targeting the middle-class in China.
Waterdrop
Series B in 2018
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.
TOGO
Series B in 2018
Togo is a Chinese company providing car-sharing services. The company currently offers Smart Fortwo and Citreon C3-XR vehicles and features one-way point-to-point rentals. Users are charged by the minute and the driving distance. The rates are all-inclusive and cover rental, gas, insurance, parking (in authorized areas), and maintenance. The service forgoes the typical centralized rental office, and cars are user-accessed wherever parked via a downloadable smartphone app. As of December 2016, Togo is one of the largest car-sharing company in Beijing with over 300,000 members and over 1,000 vehicles.
Furong Xingsheng
Series A in 2018
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.
Yatsen Holding
Series B in 2018
Yatsen Holding Limited is a beauty company based in Guangzhou, China, specializing in the development and sale of cosmetics and skincare products. The company operates under several brands, including Perfect Diary, Little Ondine, and Abby’s Choice. It offers a diverse range of products, including color cosmetics, eye makeup, lip makeup, face makeup, skincare, and nail products, as well as makeup tools and accessories. Yatsen has established itself as a leader in the online retail space, with Perfect Diary recognized as the top color cosmetics brand in China shortly after its launch. Founded in 2016, the company has expanded its offerings to include perfumes and beauty devices, and it sells its products through both physical stores and online channels.
Shuidinongchang (Water drop farm)
Angel Round in 2018
Shuidinongchang is a Gaming Start up based in Beijing.
Xiangwushuo
Series B in 2018
Xiangwushuo is a Beijing-based company that operates an online platform for the buying and selling of unused items. It facilitates the trading of new and idle goods through a unique marketplace that employs a point system, allowing users to exchange items without the need for actual currency. In addition to individual transactions, Xiangwushuo offers business owners the opportunity to promote and sell their products online, enhancing the platform's functionality as a comprehensive marketplace for both personal and commercial goods.
Jerry Education
Series A in 2018
Jerry school, an institution which is training primary and secondary school-based students, was set up by Zhang Jiancheng and his professional team. Zhang graduated from the School of Foreign Studies in Peking University, and now he is a famous basic English education expert, the expert of domestic examination, the chairman and president of Beijing Jierui Tianxia Educational Technology. Co., Ltd., as well. The school was established in August 2004. Since its inception, it has won a good reputation in the majority of students and parents. This is totally due to a professional and dedicated team of teachers, the strict teaching management system, a unique method of teaching, individualized tutoring, one-to-one tracking service system and the ideal learning effect. In the development process of Jerry School, each branch adopts unified brand and unified teaching management system, a unified teaching service, unified teacher deployment, unified system textbooks, unified standard lectures, unified complaints system, so as to provide a higher level of service for each participant and parent. In the early days, Jerry School has opened a number of accessible channels of communication and established the Headmaster's office to ensure that complaints can be replied promptly. The goal which shows the quality service of Jerry School is to make every student and parent satisfied. The school also participated in some renowned nationwide large-scale activities, such as China Youth English All-Round Talent Show Activities which is sponsored by China National Committee For the Wellbeing of the Youth, and Flying Red Scarf - National Children's Comprehensive Quality Display Show Activities sponsored by Chinese Young Pioneers Business Development Center. Currently, there are nearly 1,000 employees working in Jerry School, and more than 50 branch schools has been set up in Beijing. By the year of 2014, nearly 263,423 talented students have been trained in all. Each year, tens of thousands of students (more than 3,000 classes) learn in Jerry School. Today, Jerry School has developed into an educational institution of primary and secondary school which is involved in English, mathematics, physics, chemistry, art, studying abroad and other brands, and in the meantime it has owned a number of development platforms, such as the basic education system, educational research and development system, studying abroad system, pre-school education system, and it has already been large educational institutions which consists of the set of education and training, research and development of education, book publishing, one-to-one tracking service, nationality Study Tour and so on.
Zhijiabest
Series A in 2018
Zhijiabest is a E-commerce Start up Based in Beijing.
The Good Stuff
Series B in 2018
Founded in 2016, The Good Stuff is a community-based e-commerce startup focused on making premium products accessible to middle-class consumers in China. The company capitalizes on the growing trend of consumption in the country by emphasizing quality, wellness, and enjoyment. The Good Stuff employs a network of Curators who source high-quality products from farmers and artisanal producers worldwide. These products are then presented to Stylists, primarily young parents who serve as opinion leaders within their communities. Stylists select their preferred items and share recommendations with their networks, earning commissions for their contributions. Through this model, The Good Stuff fosters a community-driven approach to e-commerce while enhancing access to premium offerings.
Beijing Amber Sunac Technology Co., Ltd.
Series A in 2018
Beijing Amber Sunac Technology focuses on open financial scenario technical services.
Taozugong
Seed Round in 2018
Hangzhou Taozugong Technology Co., Ltd. is an electronics leasing company that operates a rental platform for branded appliances. Founded in 2017 and based in Hangzhou, China, the company focuses on providing a seamless rental experience for consumers. To enhance user trust and security, Taozugong collaborates with the Alipay credit scoring platform, Zhima Credit, to assess the creditworthiness of users. This partnership enables the company to mitigate risks associated with appliance rentals while promoting responsible usage among its clientele.
YITU
Series C in 2018
Yitu Limited is a Chinese company that specializes in the research and development of artificial intelligence solutions, focusing on machine vision, listening, and comprehension. Founded in 2012 and based in Shanghai, Yitu provides AI infrastructure and applications for intelligent city management, healthcare, and business sectors such as finance and retail. Their healthcare solutions include AI technologies for disease clinics, child development evaluations, and integrated medical platforms. Yitu's extensive research encompasses areas like computer vision, natural language understanding, and robotics, aiming to drive innovation across various industries, including security, transportation, and healthcare. The company is committed to advancing AI technology to create safer, faster, and healthier environments.
Hualuogengshuxue
Angel Round in 2018
An Education Platform based in Beijing.
Xiaohongshu
Series D in 2018
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.
Magic Ears
Series A in 2018
Magic Ears is an online teaching platform that offers English language classes specifically designed for children aged 5 to 12 in China. The company employs qualified native English-speaking teachers from America and Europe, utilizing innovative technology to deliver a natural and efficient learning experience. Through live video instruction and the use of authoritative textbooks, Magic Ears enables children to learn English in an engaging and pleasant environment, allowing teachers to focus solely on teaching.
Xiaoyang Edu
Series A in 2018
Beijing Xiaoyang Education Technology Co., Ltd. is a pioneer in smart campus and cloud services in primary and secondary schools. It has a world-leading technology research and development team. The company adheres to the concept of “application-driven, integrated innovation, overall planning, and personalized service” to adapt to the rapid development of educational information. The development and the wave of curriculum reforms triggered by the college entrance examination reform are based on a deep understanding of education and curriculum reform, using world-leading cloud computing and big data technologies to serve primary and secondary schools, helping regional education bureaus, schools and teachers to improve education management and teaching. Level.
Banlan Information Technology (Shanghai)
Series A in 2018
Banlan Information Technology (Shanghai) Co., Ltd. is a Chinese company that specializes in providing design materials and execution tools for the soft decoration segment of the home design process. The company operates under the brand Zhulogic, which offers a comprehensive design material library to assist designers in their projects. In addition to its design resources, Banlan focuses on facilitating the transformation and upgrading of the home furnishings manufacturing industry, helping to modernize and enhance production processes. Through these services, Banlan aims to support professionals in creating aesthetically pleasing and functional home environments.
Changjinglu
Series A in 2018
Hangzhou Changjinglu Technology Co., Ltd. is a company that specializes in providing an interactive marketing platform designed to integrate online and offline marketing efforts. Founded in 2017 and based in Hangzhou, China, the company caters primarily to new retail businesses by offering solutions that enhance customer engagement through interactive marketing and advertising. Changjinglu develops offline intelligent marketing terminals that facilitate memorable customer interactions at marketing sites, thus assisting clients in effectively promoting their products and generating customer traction. The company's focus on creating innovative marketing scenarios enables businesses to blend their online and offline strategies seamlessly.
Rebbeca Med
Series A in 2018
Rebecca is committed to the application of precision-controlled MEMS radio frequency technology in clinical disease control and rehabilitation. Its core technology comes from the core team's many years of experience and achievements in research and development and productization at the University of California, Fortune 500 medical equipment, and electronic equipment companies. The company cooperated with domestic university research institutes and many top three hospitals in Beijing, Shanghai, and Hangzhou to independently develop micro-radio frequency technology that surpassed similar products in Europe and America. It focuses on delivering innovative medical solutions to the hands of professional caregivers. Rebecca's team possesses technical expertise in micro-devices, RF, and device integration through years of field practice in micro-electronics and clinical innovation.
BiShiJie.com
Angel Round in 2018
Bishijie.com is a digital currency investment community dedicated to helping investors understand, understand and invest in digital currencies. Beijingcoin World Network Technology Co., Ltd. products.
Locals
Series A in 2018
A online boutique guesthouse sharing and booking platform Based in Beijing,China.
Qianyu Islands
Series A in 2018
Qianyu Islands, the flagship brand of Beijing Beike Youjia Technology Co., Ltd., operates in the urban shared accommodation sector, focusing on providing diverse alternatives to traditional hotels and bed-and-breakfasts. Established in 2017, the company aims to meet the needs of a new generation of consumers by offering more flexible, cost-effective, and youthful accommodation options. Qianyu Islands emphasizes quality, experience, and innovation, utilizing an internet-based approach to transform the traditional accommodation industry. Its offerings include a variety of Japanese-style suites and hotel rooms, catering to clients seeking quality stay services in urban environments.
The Good Stuff
Series B in 2018
Founded in 2016, The Good Stuff is a community-based e-commerce startup focused on making premium products accessible to middle-class consumers in China. The company capitalizes on the growing trend of consumption in the country by emphasizing quality, wellness, and enjoyment. The Good Stuff employs a network of Curators who source high-quality products from farmers and artisanal producers worldwide. These products are then presented to Stylists, primarily young parents who serve as opinion leaders within their communities. Stylists select their preferred items and share recommendations with their networks, earning commissions for their contributions. Through this model, The Good Stuff fosters a community-driven approach to e-commerce while enhancing access to premium offerings.
Aibee
Angel Round in 2018
Aibee is an artificial intelligence startup founded in November 2017 by Dr. Yuanqing Lin, specializing in developing advanced technologies such as speech recognition, natural language processing, computer vision, and big data analytics. As a leading AI provider in China, Aibee focuses on delivering comprehensive AI solutions tailored to enhance and transform various vertical industries, particularly in the retail sector. The company's platform integrates multiple AI technologies to address industry-specific challenges, improve operational efficiency, and create new business opportunities for clients. By understanding the unique needs of its customers, Aibee aims to empower traditional industries with innovative tools and insights, thereby upgrading their capabilities and driving business value.
Internet of Services
Initial Coin Offering in 2018
The Internet of Services (IOS) offers a secure and scalable infrastructure for online service providers. Its high TPS, scalable and secure blockchain, and privacy protection provides infinite possibilities for online service providers to serve their customer base. IOST has offices in Beijing and San Francisco.
Nongtian Guanjia
Series A in 2018
Beijing Nongtian Guanjia Technology operates an agriculture platform. The firm was founded in 2016 and is headquartered in Beijing, China. Farmland steward, the nation's largest Internet agriculture service platform, cut off the flight defense plant protection (UAV sprayed pesticides), allowing farmers a single click online and enjoy the agricultural science and technology dividend. So far, it has won several tens of millions of dollars in investment from Shunwei Capital, GGV Capital, Gobi Venture Capital, Yunqi Capital and True Fund. Up to now, over 3,000 fly-defense organizations have been deployed on the farmland steward platform, nearly 10,000 planes can be dispatched to deploy branches in Heilongjiang, Hubei, Hunan, Shandong, Jiangsu, Henan, Hebei, Anhui, and Jiangxi. Anti-service covers nearly 100 cities in more than 10 provinces in 2017, the total operating area of more than 800 acres. Through the popularization of UAV applications, farmland stewards have improved the efficiency of agricultural production on the one hand, and have solved the predicament of the shortage of agricultural labor force. On the other hand, the visualization of spraying operations on the platform can help farmers enhance their land management ability. In addition, the cloud-based dispatcher management system independently developed by a farm keeper can obtain the planting data through the artificial intelligence algorithm, and further promote the standard of the anti-filter service industry standard and realize the agricultural production informatization. In the future, farmland stewards will achieve the extension of the whole industry chain by intelligently cross-regional dispatching and big data accumulation in the business, hoping to cover the whole process of agricultural production from planting to harvesting and truly become a housekeeper of farmland so as to make agricultural production easier and allow peasants Life is happier, just as Alibaba brought innumerable small and medium-sized foreign trade enterprises online, and we hope that all the farmers in the village and town will be brought online to redefine agricultural production.
Intellifusion
Series B in 2017
Shenzhen Intellifusion Technologies Co., Ltd., established in 2014, specializes in artificial intelligence and chip technology. The company focuses on developing core products, including algorithm software and AI chips, aimed at enhancing various sectors such as public safety, social governance, and the Internet of Things (IoT). Intellifusion strives to create a digital twin city through its comprehensive AI technology platform, which has been effectively implemented across numerous cities in China and Southeast Asia. With a team of international experts, the company aims to integrate AI solutions into everyday applications, significantly impacting urban management and development.
Hesai Technology
Venture Round in 2017
Hesai Technology, founded in 2014 and headquartered in Shanghai, China, specializes in the development, manufacture, and sale of three-dimensional light detection and ranging solutions, commonly known as LiDAR. The company focuses on designing advanced laser radar systems that support a variety of applications, primarily in autonomous and semi-autonomous vehicles equipped with advanced driver assistance systems. Additionally, Hesai's technology is utilized in other sectors, such as robotics for last-mile delivery and industrial processes, as well as in natural gas leak detection systems. The organization has structured its operations into two main segments: LiDAR and gas detection, with the LiDAR segment generating the majority of its revenue.
Transfereasy
Series A in 2017
TransferEasy Inc. is a Beijing-based company that operates an online platform specializing in international remittance services. Founded in 2014, it provides a range of financial services including cross-border money transfers for individuals and businesses, as well as tuition and living expense transfers for international students. The platform features membership registration and identity verification to ensure secure transactions, along with tools for clients to initiate remittances and track their transfers. Additionally, TransferEasy offers foreign exchange management solutions and aims to enhance transaction efficiency while reducing costs associated with cross-border payments. Its technology-driven approach includes an algorithm designed to simplify the transaction process and ensure compliance and security for users.
12 Sigma Technologies
Series B in 2017
12 Sigma Technologies, founded in April 2015, specializes in modern medical image diagnosis and medical data analysis, leveraging advanced artificial intelligence technology. The company focuses on the integration of medical imaging and AI, recognizing the substantial potential in this combination for enhancing diagnostic capabilities. To advance its offerings, 12 Sigma has established partnerships with General Electric to co-develop smart diagnostic products aimed at addressing conditions such as tumors and cardiovascular diseases. Additionally, the company collaborates with over 50 leading hospitals in China to conduct applied medical diagnostics, technical research, and clinical trials, positioning itself as a key player in the healthcare technology sector.
Deep Intelligent Pharma
Seed Round in 2017
Deep Intelligent Pharma (DIP) is a global start-up dedicated to empowering and accelerating drug discovery, development and registration through the most advanced AI technologies. With our end-to-end AI-driven platforms, we enable clients to efficiently move compounds from the lab to post-marketing stage with great quality. DIP's core team comes from top Internet companies and pharmaceutical MNCs. Our business operates across China, United States and Japan with global view starting from Day 1.
Aibee
Seed Round in 2017
Aibee is an artificial intelligence startup founded in November 2017 by Dr. Yuanqing Lin, specializing in developing advanced technologies such as speech recognition, natural language processing, computer vision, and big data analytics. As a leading AI provider in China, Aibee focuses on delivering comprehensive AI solutions tailored to enhance and transform various vertical industries, particularly in the retail sector. The company's platform integrates multiple AI technologies to address industry-specific challenges, improve operational efficiency, and create new business opportunities for clients. By understanding the unique needs of its customers, Aibee aims to empower traditional industries with innovative tools and insights, thereby upgrading their capabilities and driving business value.
Flexiv
Series A in 2017
Flexiv Ltd. is a robotics and artificial intelligence company that specializes in developing and manufacturing adaptive robots. Founded in 2016 and headquartered in Shanghai, with additional offices in Shenzhen, Beijing, and Santa Clara, California, Flexiv integrates advanced technologies such as force control, computer vision, and AI into its products. The company's flagship robot, RIZON, is designed for applications including curved-surface processing, plugging, and assembly. Flexiv's robotic systems are utilized across various industries, including automotive electronics, new energy, home appliances, consumer electronics, and aerospace. The company focuses on providing innovative solutions that enhance industrial automation, enabling businesses to improve efficiency and safely collaborate with human workers in complex environments.
Flexiv
Series A in 2017
Flexiv Ltd. is a robotics and artificial intelligence company that specializes in developing and manufacturing adaptive robots. Founded in 2016 and headquartered in Shanghai, with additional offices in Shenzhen, Beijing, and Santa Clara, California, Flexiv integrates advanced technologies such as force control, computer vision, and AI into its products. The company's flagship robot, RIZON, is designed for applications including curved-surface processing, plugging, and assembly. Flexiv's robotic systems are utilized across various industries, including automotive electronics, new energy, home appliances, consumer electronics, and aerospace. The company focuses on providing innovative solutions that enhance industrial automation, enabling businesses to improve efficiency and safely collaborate with human workers in complex environments.
Source Technology
Seed Round in 2017
Source Technology is a company based in China that specializes in developing software for head-mounted displays (HMD) used in virtual reality (VR) and augmented reality (AR) applications. The company aims to make VR and AR technology accessible for everyday use. Source Technology addresses customer inquiries through various channels, including phone, email, and online platforms, ensuring users receive support and information as needed.
COHO
Series A in 2017
It is a Shanghai-based company that develops workforce management software. Its product can track work attendance, work process and offer smart scheduling.
Meiweishenghuo (Delicious Life)
Series A in 2017
Meiweishenghuo is a checkout-free convenience store operator, founded by a former manager at China’s on-demand local services provider Meituan-Dianping. The company, also known as Delicious Life, deploys smart vending machines in urban centers, allowing customers to open the door of its machines by scanning a QR code and purchasing fresh produce such as lunchboxes, fruits, salads, snacks and beverages. The delicious life and the first-line big-name merchants cooperate to provide high-quality meals, full-cold-chain distribution, and ultimate preservation, and is committed to building the largest offline platform for intelligent vending machines in China. Let fine food, at your fingertips.
Cikers Sports
Series A in 2017
Cikers Sports, established in 2015 and located in Haidian District, China, operates as a multifaceted sportswear brand and football competition management platform. The company specializes in providing high-quality, customizable teamwear designed for sports teams, clubs, schools, and universities. Cikers Sports emphasizes sustainable practices, utilizing premium materials to create unique football gear that meets the specific needs of athletes. In addition to its apparel offerings, the company also provides event services and social networking features, enhancing the overall experience for participants in sports competitions.
Light Theto
Series A in 2017
Light theto Beijing Science and Technology Development Co manufacture and application of, for customers to provide complete diffraction optical solutions. Company has the international first-class R & D team and mature production technology, developed with independent intellectual property rights of the world's leading diffractive optical design software; and pioneering the use of the most advanced nanometer manufacturing process, and a stable and efficient mass production copying process, batch production a leading international of diffractive optical elements.
TOGO
Series B in 2017
Togo is a Chinese company providing car-sharing services. The company currently offers Smart Fortwo and Citreon C3-XR vehicles and features one-way point-to-point rentals. Users are charged by the minute and the driving distance. The rates are all-inclusive and cover rental, gas, insurance, parking (in authorized areas), and maintenance. The service forgoes the typical centralized rental office, and cars are user-accessed wherever parked via a downloadable smartphone app. As of December 2016, Togo is one of the largest car-sharing company in Beijing with over 300,000 members and over 1,000 vehicles.
CastBox
Series A in 2017
CastBox is a spoken audio platform founded in 2016 and based in Beijing, China, with additional offices in Hong Kong and San Francisco. The platform allows users to easily find, access, and enjoy a wide range of spoken audio content, including podcasts, on-demand radio, and audiobooks, across multiple devices such as mobile phones, desktops, and smart home devices. CastBox employs proprietary technology, including curated podcast recommendations and an in-audio deep search feature powered by natural language processing and machine learning. This technology enables the platform to deliver personalized listening experiences tailored to individual user preferences and habits. The service is available in multiple languages, making it accessible to a global audience.
Yatsen Holding
Series B in 2017
Yatsen Holding Limited is a beauty company based in Guangzhou, China, specializing in the development and sale of cosmetics and skincare products. The company operates under several brands, including Perfect Diary, Little Ondine, and Abby’s Choice. It offers a diverse range of products, including color cosmetics, eye makeup, lip makeup, face makeup, skincare, and nail products, as well as makeup tools and accessories. Yatsen has established itself as a leader in the online retail space, with Perfect Diary recognized as the top color cosmetics brand in China shortly after its launch. Founded in 2016, the company has expanded its offerings to include perfumes and beauty devices, and it sells its products through both physical stores and online channels.
TOGO
Series A in 2017
Togo is a Chinese company providing car-sharing services. The company currently offers Smart Fortwo and Citreon C3-XR vehicles and features one-way point-to-point rentals. Users are charged by the minute and the driving distance. The rates are all-inclusive and cover rental, gas, insurance, parking (in authorized areas), and maintenance. The service forgoes the typical centralized rental office, and cars are user-accessed wherever parked via a downloadable smartphone app. As of December 2016, Togo is one of the largest car-sharing company in Beijing with over 300,000 members and over 1,000 vehicles.
Tuanjian Duizhang
Series B in 2017
A Education Platform based in Shanghai,China.
Xiangwushuo
Seed Round in 2017
Xiangwushuo is a Beijing-based company that operates an online platform for the buying and selling of unused items. It facilitates the trading of new and idle goods through a unique marketplace that employs a point system, allowing users to exchange items without the need for actual currency. In addition to individual transactions, Xiangwushuo offers business owners the opportunity to promote and sell their products online, enhancing the platform's functionality as a comprehensive marketplace for both personal and commercial goods.
YCloset
Series C in 2017
At YCloset, users were able to enroll for a monthly fee and rent clothes and accessories free of charge. Founded in 2015, the Beijing-based online platform operated in about 40 cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen. They had partnered with over a hundred fashion brands providing the rental service. The firm announced that it would close down its operations by August 15, 2021.
Citybox
Series A in 2017
Citybox is a smart vending machine operator based in Shanghai, China, established in 2015. The company provides automated retail terminals that function as checkout-free convenience stores, equipped with QR code scanning, anti-theft features, and user tracking capabilities. Customers can access various products, including fresh produce like yogurt and chilled lunchboxes, by scanning a unique QR code to open the terminal. After selecting their items and closing the door, the transaction is automatically billed to their smartphone. Citybox serves a diverse range of locations, including offices, residential communities, shopping malls, and schools, enhancing convenience and accessibility in the retail sector.
Zaihui
Series B in 2017
Zaihui is a SaaS-based data-driven marketing automation solution for local businesses that offers them with member management, precipitation members, incentive members, and mining member values. Product system offers intelligent precision marketing, integral marketing, stored-value marketing, anniversary marketing, attendant performance, theme marketing activities, and brand packaging marketing. Zaihui is headquartered in China and the company was founded in 2015.
Citybox
Series A in 2017
Citybox is a smart vending machine operator based in Shanghai, China, established in 2015. The company provides automated retail terminals that function as checkout-free convenience stores, equipped with QR code scanning, anti-theft features, and user tracking capabilities. Customers can access various products, including fresh produce like yogurt and chilled lunchboxes, by scanning a unique QR code to open the terminal. After selecting their items and closing the door, the transaction is automatically billed to their smartphone. Citybox serves a diverse range of locations, including offices, residential communities, shopping malls, and schools, enhancing convenience and accessibility in the retail sector.
Ke.com
Seed Round in 2017
KE Holdings Inc., known as Beike, operates a comprehensive platform for housing transactions and services in China, enhancing the user experience through both online and offline channels. Founded in 2001 and headquartered in Beijing, the company facilitates a range of housing-related transactions, including the sale and rental of existing and new homes, home renovation, and real estate financial solutions. Beike operates through its branded Lianjia stores in major cities like Beijing and Shanghai, while also collaborating with various third-party agencies, including franchise partners. The platform aims to create a high-quality ecosystem for real estate services, supporting over 100,000 property agents and reaching more than 200 million households. Additionally, Beike has expanded its offerings internationally, providing services for Chinese families seeking overseas properties across 11 countries. The company's growth strategy includes plans to cover over 300 cities in China and build a robust network of accredited partners.
Magic Ears
Seed Round in 2017
Magic Ears is an online teaching platform that offers English language classes specifically designed for children aged 5 to 12 in China. The company employs qualified native English-speaking teachers from America and Europe, utilizing innovative technology to deliver a natural and efficient learning experience. Through live video instruction and the use of authoritative textbooks, Magic Ears enables children to learn English in an engaging and pleasant environment, allowing teachers to focus solely on teaching.
Banlan Information Technology (Shanghai)
Seed Round in 2017
Banlan Information Technology (Shanghai) Co., Ltd. is a Chinese company that specializes in providing design materials and execution tools for the soft decoration segment of the home design process. The company operates under the brand Zhulogic, which offers a comprehensive design material library to assist designers in their projects. In addition to its design resources, Banlan focuses on facilitating the transformation and upgrading of the home furnishings manufacturing industry, helping to modernize and enhance production processes. Through these services, Banlan aims to support professionals in creating aesthetically pleasing and functional home environments.
Qianyu Islands
Angel Round in 2017
Qianyu Islands, the flagship brand of Beijing Beike Youjia Technology Co., Ltd., operates in the urban shared accommodation sector, focusing on providing diverse alternatives to traditional hotels and bed-and-breakfasts. Established in 2017, the company aims to meet the needs of a new generation of consumers by offering more flexible, cost-effective, and youthful accommodation options. Qianyu Islands emphasizes quality, experience, and innovation, utilizing an internet-based approach to transform the traditional accommodation industry. Its offerings include a variety of Japanese-style suites and hotel rooms, catering to clients seeking quality stay services in urban environments.
Chaitin Tech
Series A in 2017
Beijing Chaitin Tech Co., Ltd. (hereinafter referred to as Chaitin Tech) is a technology-oriented security company specialized in addressing Internet security problems. Boasting highly skilled security research team and technological R&D team, Chaitin Tech is committed to develop new network security technologies, so as to improve domestic security levels and keeping up with world-class technologies. The Company is currently mainly engaged in highly customized security services and security products, aiming at providing enterprises with effective custom security solutions through developing new technologies and methods, so as to thoroughly improve enterprises’ security defense capability.
Banlan Information Technology (Shanghai)
Seed Round in 2017
Banlan Information Technology (Shanghai) Co., Ltd. is a Chinese company that specializes in providing design materials and execution tools for the soft decoration segment of the home design process. The company operates under the brand Zhulogic, which offers a comprehensive design material library to assist designers in their projects. In addition to its design resources, Banlan focuses on facilitating the transformation and upgrading of the home furnishings manufacturing industry, helping to modernize and enhance production processes. Through these services, Banlan aims to support professionals in creating aesthetically pleasing and functional home environments.
Yatsen Holding
Convertible Note in 2017
Yatsen Holding Limited is a beauty company based in Guangzhou, China, specializing in the development and sale of cosmetics and skincare products. The company operates under several brands, including Perfect Diary, Little Ondine, and Abby’s Choice. It offers a diverse range of products, including color cosmetics, eye makeup, lip makeup, face makeup, skincare, and nail products, as well as makeup tools and accessories. Yatsen has established itself as a leader in the online retail space, with Perfect Diary recognized as the top color cosmetics brand in China shortly after its launch. Founded in 2016, the company has expanded its offerings to include perfumes and beauty devices, and it sells its products through both physical stores and online channels.
Nongtian Guanjia
Series A in 2017
Beijing Nongtian Guanjia Technology operates an agriculture platform. The firm was founded in 2016 and is headquartered in Beijing, China. Farmland steward, the nation's largest Internet agriculture service platform, cut off the flight defense plant protection (UAV sprayed pesticides), allowing farmers a single click online and enjoy the agricultural science and technology dividend. So far, it has won several tens of millions of dollars in investment from Shunwei Capital, GGV Capital, Gobi Venture Capital, Yunqi Capital and True Fund. Up to now, over 3,000 fly-defense organizations have been deployed on the farmland steward platform, nearly 10,000 planes can be dispatched to deploy branches in Heilongjiang, Hubei, Hunan, Shandong, Jiangsu, Henan, Hebei, Anhui, and Jiangxi. Anti-service covers nearly 100 cities in more than 10 provinces in 2017, the total operating area of more than 800 acres. Through the popularization of UAV applications, farmland stewards have improved the efficiency of agricultural production on the one hand, and have solved the predicament of the shortage of agricultural labor force. On the other hand, the visualization of spraying operations on the platform can help farmers enhance their land management ability. In addition, the cloud-based dispatcher management system independently developed by a farm keeper can obtain the planting data through the artificial intelligence algorithm, and further promote the standard of the anti-filter service industry standard and realize the agricultural production informatization. In the future, farmland stewards will achieve the extension of the whole industry chain by intelligently cross-regional dispatching and big data accumulation in the business, hoping to cover the whole process of agricultural production from planting to harvesting and truly become a housekeeper of farmland so as to make agricultural production easier and allow peasants Life is happier, just as Alibaba brought innumerable small and medium-sized foreign trade enterprises online, and we hope that all the farmers in the village and town will be brought online to redefine agricultural production.
COHO
Angel Round in 2017
It is a Shanghai-based company that develops workforce management software. Its product can track work attendance, work process and offer smart scheduling.
YITU
Series C in 2017
Yitu Limited is a Chinese company that specializes in the research and development of artificial intelligence solutions, focusing on machine vision, listening, and comprehension. Founded in 2012 and based in Shanghai, Yitu provides AI infrastructure and applications for intelligent city management, healthcare, and business sectors such as finance and retail. Their healthcare solutions include AI technologies for disease clinics, child development evaluations, and integrated medical platforms. Yitu's extensive research encompasses areas like computer vision, natural language understanding, and robotics, aiming to drive innovation across various industries, including security, transportation, and healthcare. The company is committed to advancing AI technology to create safer, faster, and healthier environments.
TOGO
Series A in 2017
Togo is a Chinese company providing car-sharing services. The company currently offers Smart Fortwo and Citreon C3-XR vehicles and features one-way point-to-point rentals. Users are charged by the minute and the driving distance. The rates are all-inclusive and cover rental, gas, insurance, parking (in authorized areas), and maintenance. The service forgoes the typical centralized rental office, and cars are user-accessed wherever parked via a downloadable smartphone app. As of December 2016, Togo is one of the largest car-sharing company in Beijing with over 300,000 members and over 1,000 vehicles.
Saphlux
Series A in 2017
Saphlux, Inc. is a company focused on the development, production, and commercialization of semi-polar gallium nitride (GaN) materials and micro-LED technologies. Founded in 2014 and headquartered in New Haven, Connecticut, Saphlux addresses key issues in the LED and laser industries, such as droop and green gap problems, by offering semi-polar GaN templates in various sizes. Additionally, Saphlux is a pioneer in quantum dot (QD) micro-LED solutions, designing and manufacturing micro-LED chips and micro-display modules for diverse applications, including automotive displays and augmented reality glasses. Their current product offerings include the NPQD R1 chip for public information displays and the NPQD T1 micro-display for AR applications. Operating globally, Saphlux has established a presence in the United States, China, and Japan, aiming to enhance the efficiency and performance of LED products while maintaining competitive pricing.
YCloset
Series B in 2017
At YCloset, users were able to enroll for a monthly fee and rent clothes and accessories free of charge. Founded in 2015, the Beijing-based online platform operated in about 40 cities in China, including Beijing, Shanghai, Guangzhou and Shenzhen. They had partnered with over a hundred fashion brands providing the rental service. The firm announced that it would close down its operations by August 15, 2021.
Zero Zero Robotics
Series B in 2017
Co-founded in 2014 by Stanford Ph.D’s, MQ Wang and Tony Zhang, ZeroZero is a forward-thinking robotics company pioneering the future of smart flying robotics that empower people to enhance their lives. Two years ago, ZeroZero introduced its first flagship product, the Hover Camera Passport, a consumer-friendly smart flying camera built for capturing fun and unique perspectives and exciting memories. It received widespread acclaim, won numerous awards, such as Best of the Best from Red Dot Design, IF Design, CES, among others, and entered into a worldwide partnership with Apple retail. ZeroZero, with over 120 employees, is headquartered in Beijing, with offices in San Francisco, Shenzhen, Hangzhou, and Taiwan. Investors include IDG, GSR Ventures, ZhenFund, among others.
Deep Glint
Series B in 2017
Deep Glint is a Beijing-based technology company that specializes in artificial intelligence products and solutions. The company utilizes 3D computer vision and machine learning technologies to enhance understanding of human behavior and environment interactions. Deep Glint is recognized for its pioneering automatic analysis solutions that monitor human behavior and trajectory, primarily serving sectors such as banking and retail. Additionally, the company offers its expertise in urban management, smart finance, sports health, and rail transit operation maintenance, contributing to advancements in these diverse fields.
Xiaohongshu
Series C in 2017
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.
Er Geng
Venture Round in 2017
Er Geng video content platform. Er Geng also plans to expand its business in 30 cities across 20 provinces in China.
TOGO
Venture Round in 2017
Togo is a Chinese company providing car-sharing services. The company currently offers Smart Fortwo and Citreon C3-XR vehicles and features one-way point-to-point rentals. Users are charged by the minute and the driving distance. The rates are all-inclusive and cover rental, gas, insurance, parking (in authorized areas), and maintenance. The service forgoes the typical centralized rental office, and cars are user-accessed wherever parked via a downloadable smartphone app. As of December 2016, Togo is one of the largest car-sharing company in Beijing with over 300,000 members and over 1,000 vehicles.
Moretickets
Seed Round in 2017
Moretickets is an online ticketing company based In Shanghai.
IngageApp
Series D in 2017
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.
Internet of Services
Series A in 2016
The Internet of Services (IOS) offers a secure and scalable infrastructure for online service providers. Its high TPS, scalable and secure blockchain, and privacy protection provides infinite possibilities for online service providers to serve their customer base. IOST has offices in Beijing and San Francisco.
Momenta
Series A in 2016
Momenta is an autonomous driving startup operating out of Beijing. Its deep-learning-based software in perception, HD semantic mapping, and data-driven path planning enables the realization of full autonomy. Momenta offer multi-level autonomous driving solutions as well as big data products and services. Momenta’s team is composed of experts in computer vision and deep learning, including one of the authors of Faster R-CNN and ResNet, the most popular deep learning network, as well as winners of ImageNet 2015, MS COCO Challenge 2015, and ImageNet 2017. The company is leading the autonomous driving software space with advanced technical competence and a strong commitment to innovation.
Nongtian Guanjia
Seed Round in 2016
Beijing Nongtian Guanjia Technology operates an agriculture platform. The firm was founded in 2016 and is headquartered in Beijing, China. Farmland steward, the nation's largest Internet agriculture service platform, cut off the flight defense plant protection (UAV sprayed pesticides), allowing farmers a single click online and enjoy the agricultural science and technology dividend. So far, it has won several tens of millions of dollars in investment from Shunwei Capital, GGV Capital, Gobi Venture Capital, Yunqi Capital and True Fund. Up to now, over 3,000 fly-defense organizations have been deployed on the farmland steward platform, nearly 10,000 planes can be dispatched to deploy branches in Heilongjiang, Hubei, Hunan, Shandong, Jiangsu, Henan, Hebei, Anhui, and Jiangxi. Anti-service covers nearly 100 cities in more than 10 provinces in 2017, the total operating area of more than 800 acres. Through the popularization of UAV applications, farmland stewards have improved the efficiency of agricultural production on the one hand, and have solved the predicament of the shortage of agricultural labor force. On the other hand, the visualization of spraying operations on the platform can help farmers enhance their land management ability. In addition, the cloud-based dispatcher management system independently developed by a farm keeper can obtain the planting data through the artificial intelligence algorithm, and further promote the standard of the anti-filter service industry standard and realize the agricultural production informatization. In the future, farmland stewards will achieve the extension of the whole industry chain by intelligently cross-regional dispatching and big data accumulation in the business, hoping to cover the whole process of agricultural production from planting to harvesting and truly become a housekeeper of farmland so as to make agricultural production easier and allow peasants Life is happier, just as Alibaba brought innumerable small and medium-sized foreign trade enterprises online, and we hope that all the farmers in the village and town will be brought online to redefine agricultural production.
5Lmeet
Series A in 2016
5Lmeet operates an online real estate platform that specializes in co-working spaces in Beijing, China. The company has established a center in the Dongcheng district, which features a range of lifestyle amenities including an open office, bookstore, gym, rooftop garden, restaurants, and event spaces. By focusing on urban renewal and spatial reconstruction, 5Lmeet aims to create shared environments where urban residents can work, dine, and engage in leisure activities together. Through its commitment to providing round-the-clock lifestyle services, 5Lmeet seeks to enhance the experience of co-working while fostering community interaction.
MioTech
Seed Round in 2016
MioTech is an artificial intelligence platform that empowers investment managers to better serve their clients in a world of complex data. By integrating and analyzing data from all types of sources, MioTech streamlines the entire investment process, creating an ultimate data-driven investing experience. MioTech has offices in Shanghai and Hong Kong. MioTech is backed by Horizons Ventures, ZhenFund, and prestigious individual investors around the world.
Momenta
Series A in 2016
Momenta is an autonomous driving startup operating out of Beijing. Its deep-learning-based software in perception, HD semantic mapping, and data-driven path planning enables the realization of full autonomy. Momenta offer multi-level autonomous driving solutions as well as big data products and services. Momenta’s team is composed of experts in computer vision and deep learning, including one of the authors of Faster R-CNN and ResNet, the most popular deep learning network, as well as winners of ImageNet 2015, MS COCO Challenge 2015, and ImageNet 2017. The company is leading the autonomous driving software space with advanced technical competence and a strong commitment to innovation.
Axbio
Convertible Note in 2016
Axbio Inc. is a biotechnology company based in Shenzhen, China, specializing in genetic sequencing technology and diagnostic solutions. Founded in 2016, the company develops a variety of products, including genome extraction kits for stool, blood, saliva, and bacteria. Axbio also provides advanced sequencing systems, disposable biochips, and reagents. The company is focused on creating high-throughput molecular diagnostics through its novel microfluidic Bio-CMOS platform, which supports both low-cost handheld devices for bedside diagnostics and fully automated laboratory instruments. This technology enables applications such as early cancer screening, rapid pathogen detection, and drug development. Currently, Axbio operates in stealth mode as it continues to innovate within the field.
BigOne
Seed Round in 2016
BigOne Lab, founded in 2016, is a prominent alternative data company based in China that specializes in transforming vast amounts of publicly available data into actionable insights for business decision-makers and investment professionals. Utilizing innovative technologies such as Multimodal Data Analysis, cloud computing, and Artificial Intelligence, BigOne offers a comprehensive suite of data products and professional services tailored to meet the needs of clients across various industries. Its solutions encompass hundreds of business analytic metrics, supporting over 200,000 companies. A growing number of institutional investors, including leading private equity and venture capital firms, hedge funds, and major consumer and internet companies, leverage BigOne's capabilities to enhance their investment analysis and decision-making processes. The company has attracted investments from notable firms, and its diverse team comprises professionals with extensive backgrounds in industry research, data science, and technology, having previously worked for leading organizations such as Bloomberg, Google, and Goldman Sachs.
VIPKid
Series C in 2016
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.
Nongtian Guanjia
Seed Round in 2016
Beijing Nongtian Guanjia Technology operates an agriculture platform. The firm was founded in 2016 and is headquartered in Beijing, China. Farmland steward, the nation's largest Internet agriculture service platform, cut off the flight defense plant protection (UAV sprayed pesticides), allowing farmers a single click online and enjoy the agricultural science and technology dividend. So far, it has won several tens of millions of dollars in investment from Shunwei Capital, GGV Capital, Gobi Venture Capital, Yunqi Capital and True Fund. Up to now, over 3,000 fly-defense organizations have been deployed on the farmland steward platform, nearly 10,000 planes can be dispatched to deploy branches in Heilongjiang, Hubei, Hunan, Shandong, Jiangsu, Henan, Hebei, Anhui, and Jiangxi. Anti-service covers nearly 100 cities in more than 10 provinces in 2017, the total operating area of more than 800 acres. Through the popularization of UAV applications, farmland stewards have improved the efficiency of agricultural production on the one hand, and have solved the predicament of the shortage of agricultural labor force. On the other hand, the visualization of spraying operations on the platform can help farmers enhance their land management ability. In addition, the cloud-based dispatcher management system independently developed by a farm keeper can obtain the planting data through the artificial intelligence algorithm, and further promote the standard of the anti-filter service industry standard and realize the agricultural production informatization. In the future, farmland stewards will achieve the extension of the whole industry chain by intelligently cross-regional dispatching and big data accumulation in the business, hoping to cover the whole process of agricultural production from planting to harvesting and truly become a housekeeper of farmland so as to make agricultural production easier and allow peasants Life is happier, just as Alibaba brought innumerable small and medium-sized foreign trade enterprises online, and we hope that all the farmers in the village and town will be brought online to redefine agricultural production.
12 Sigma Technologies
Seed Round in 2016
12 Sigma Technologies, founded in April 2015, specializes in modern medical image diagnosis and medical data analysis, leveraging advanced artificial intelligence technology. The company focuses on the integration of medical imaging and AI, recognizing the substantial potential in this combination for enhancing diagnostic capabilities. To advance its offerings, 12 Sigma has established partnerships with General Electric to co-develop smart diagnostic products aimed at addressing conditions such as tumors and cardiovascular diseases. Additionally, the company collaborates with over 50 leading hospitals in China to conduct applied medical diagnostics, technical research, and clinical trials, positioning itself as a key player in the healthcare technology sector.
CastBox
Seed Round in 2016
CastBox is a spoken audio platform founded in 2016 and based in Beijing, China, with additional offices in Hong Kong and San Francisco. The platform allows users to easily find, access, and enjoy a wide range of spoken audio content, including podcasts, on-demand radio, and audiobooks, across multiple devices such as mobile phones, desktops, and smart home devices. CastBox employs proprietary technology, including curated podcast recommendations and an in-audio deep search feature powered by natural language processing and machine learning. This technology enables the platform to deliver personalized listening experiences tailored to individual user preferences and habits. The service is available in multiple languages, making it accessible to a global audience.
Zaihui
Series A in 2016
Zaihui is a SaaS-based data-driven marketing automation solution for local businesses that offers them with member management, precipitation members, incentive members, and mining member values. Product system offers intelligent precision marketing, integral marketing, stored-value marketing, anniversary marketing, attendant performance, theme marketing activities, and brand packaging marketing. Zaihui is headquartered in China and the company was founded in 2015.
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