# CLP fund

> CLP fund is a VC fund backing Manufacturing, Semiconductor and Internet of Things. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 7
- Last investment: Dec 2022
- Lead investor: 43%
- Last updated: Aug 2026

CLP fund is an investment fund.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 3 | 43% |
| Semiconductor | 2 | 29% |
| Internet of Things | 2 | 29% |
| Machinery Manufacturing | 2 | 29% |
| Hardware | 1 | 14% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 2 | 29% |
| Series A | 1 | 14% |
| Series C | 1 | 14% |
| Series D | 1 | 14% |
| Series E | 1 | 14% |

6 stages tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Benewake | Benewake is the leading provider of solid-state LiDAR sensors and solutions. We won the Championship of Audi Innovation Lab.Completed the Series B2 funding in 2018, Benewake has built a strong connection with our global top-tier investors globally and locally, including IDG Capital, Shunwei Capital, Cathay Capital (Valeo LP), Delta Capital,Keywise Capital, and Ecovacs.Benewake LiDAR products, including basic flash LiDAR and 3D LiDAR, have achieved mass production level with corresponding certificates. Our LiDAR solutions are widely used in autonomous vehicles (collision avoidance), drones (logistics, agricultural plant protection), ITS, robots (smart home), AGV (logistics and warehouse management).Benewake LiDAR products, with the protection of intellectual property rights, have been widely launched to Europe, America, Asia-Pacific market, etc. |  | Series C | Dec 23, 2022 |  |
| Vital Thin Film Materials | Pioneer Thin Film Materials Co., Ltd. is a subsidiary of Pioneer Group, dedicated to R&D, production, sales and recycling of sputtering targets and evaporation materials for vacuum coating. The product series includes targets, ingots, granules and powders made of high-purity metals, alloys, precious metals and ceramic materials, which arewidely used in display, photovoltaic, semiconductor, precision optics, data storage and glass and other fields. | $625M | Series B | Sep 28, 2022 |  |
| Inchtek | Inchtek is a provider of security products and technology solutions for the Internet of Vehicles |  | Venture - Series Unknown | Sep 19, 2022 |  |
| Hangshun Chip | Hangshun Chip is an electronics reserch and manufacturing and firm that develops IoT integrated chips. | $14.9M | Series E | Jun 30, 2022 |  |
| TEYITECH | Teyi Technology is mainly engaged in the R&D, production and sales of optical testing equipment for LCD panels, OLED panels, Micro-OLED panels and Mini/Micro-LED panels. | $15M | Series B | May 24, 2022 |  |
| Tiandi Hexing | Beijing Tiandi Hexing Technology Co is a national high-tech enterprise specializing in information security protection, detection and analysis, safety assessment and consulting services for industrial control systems.Tiandi Hexing will focus on industrial control network security and industrial control ontology security, and build a full range ofindustrial control network security products for monitoring, protection and management. It has always been based on the actual safety needs of industrial enterprises, and has fine-engineered industrial safety technology to provide a full life cycle. Industrial security solutions. |  | Series D | May 07, 2022 |  |
| Allystar Technology | Allystar Technology (Shenzhen) Co. Ltd. is a spin-out from the GNSS chipsets designing department established in May 2013, subsidiary to China Electronics Corporation (CEC) - the World’s Top 500 enterprises. On December 6th 2016, the GNSS chipsets designing department was officially independent to match up with CEC planning to relocate to south.Allystar is a joint-venture invested by: CEC, BAIC Group, SAIC Motor, Ningbo Bird (Stock Code: 600130), and Jinjia Group (Stock Code: 002191). The capital is 400 Million RMB. It is a sample joint-ventured enterprise reformed of Central Enterprises, Local State-owned Enterprises and Social investors. Allystar is officially located in Shenzhen as the key enterprises introduced by the People's Government of Shenzhen Municipality of the Weak Link in 2016. |  | Series A | Nov 01, 2019 |  |

7 of 7 investments shown.

## Co-investors
- BGI Songhe Angel Fund — VC Fund, 1 deal together
- [CCB Trust](https://shizune.co/investors/profile/ccb-trust-co) — VC Fund, 1 deal together
- [China Electronics Technology Group Corporation (CETC)](https://shizune.co/investors/profile/china-electronics-technology-group-corporation-cetc) — VC Fund, 1 deal together
- [China Merchants Securities](https://shizune.co/investors/profile/china-merchants-securities) — VC Fund, 1 deal together
- china power fund — VC Fund, 1 deal together
- [Chinese Academy Of Sciences](https://shizune.co/investors/profile/chinese-academy-of-sciences) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

## FAQ

### What does CLP fund invest in?

CLP fund invests primarily in Manufacturing, Semiconductor and Internet of Things startups, most often at Series B and Series A stage. Most of the 7 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did CLP fund last invest?

The most recent investment recorded for CLP fund closed in Dec 2022. Shizune tracks 7 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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