# Xinchao Group

> Xinchao Group is a VC fund in Nanjing backing Manufacturing and Semiconductor. See 10 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Nanjing, China
- Total investments: 10
- Last investment: Mar 2026
- Lead investor: 50%
- Last updated: Aug 2026
- Website: https://www.xcgp.com/

Xinchao Group is an institution whose main business is investment in semiconductor companies.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 7 | 70% |
| Semiconductor | 6 | 60% |
| Electronics | 2 | 20% |
| Application Specific Integrated Circuit (ASIC) | 2 | 20% |
| Internet of Things | 1 | 10% |

9 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 5 | 50% |
| Venture - Series Unknown | 2 | 20% |
| Series A | 1 | 10% |
| Series C | 1 | 10% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Hepalink | Hepalink is a manufactures ultra-pure pipeline control systems based on semiconductors and pan-semiconductor liquid circuits. |  | Series B | Mar 03, 2026 |  |
| Zunyang Electronics | Zunyang Electronics is a power device manufacturer and distributor, focusing on the research, development and manufacturing of power devices and power ICs. |  | Series B | Sep 21, 2025 |  |
| Zunyang Electronics | Zunyang Electronics is a power device manufacturer and distributor, focusing on the research, development and manufacturing of power devices and power ICs. |  | Series B | Jan 21, 2025 |  |
| Hepalink | Hepalink is a manufactures ultra-pure pipeline control systems based on semiconductors and pan-semiconductor liquid circuits. |  | Venture - Series Unknown | Feb 06, 2024 |  |
| Aerotech | Aerotech specialized manufacturer of R&D and production of gas pipe valves. It is a service supplier of high-end products and semiconductor electropolishing technology core solutions. |  | Venture - Series Unknown | Jul 13, 2023 |  |
| Sitrus Technology | Sitrus Technology is a company created by returnees from overseas. Its primary goal is the creation and sale of a new generation of high-speed network connectivity processors. The company's new generation of high-speed network communication chips is a common key technology in the high-speed optical communication business. Cloud computing, theInternet of Things, big data, 5G connectivity, intelligent manufacturing, artificial intelligence networks, and other industries are all using it. |  | Series C | May 16, 2023 |  |
| Xingan Technology | Xingan Technology is a developer of SiC power semiconductor products. |  | Series B | Feb 06, 2023 |  |
| Remaster | Remaster provides of comprehensive wireless test solutions. |  | Series A | Nov 17, 2022 |  |
| Ada | Ada Smart is a semiconductor packaging equipment developer. Ada Smart manufactures semiconductor packaging equipment and automation. |  | Series B | Jun 06, 2022 |  |
| Ada Intelligent Equipment | Ada Intelligent Equipment specializes in semiconductor packaging equipment and automation. The company develops high-precision semiconductor die bonders, flip-chip bonders, ball bonders, and wafer-level packaging equipment, panel packaging equipment, and microLED mass transfer equipment. |  | Series B | Jun 06, 2022 |  |

10 of 10 investments shown.

## Co-investors
- [CAS Star](https://shizune.co/investors/profile/cas-star) — VC Fund, 2 deals together
- [CDF-Capital](https://shizune.co/investors/profile/cdf-capital) — VC Fund, 2 deals together
- [CDH Investments](https://shizune.co/investors/profile/cdh-investments) — VC Fund, 2 deals together
- [An Xin Capital](https://shizune.co/investors/profile/an-xin-capital) — VC Fund, 1 deal together
- [Binfu Capital](https://shizune.co/investors/profile/binfu-capital) — VC Fund, 1 deal together
- [BRV](https://shizune.co/investors/profile/blue-run-ventures-china) — 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 Xinchao Group invest in?

Xinchao Group invests primarily in Manufacturing, Semiconductor and Electronics startups, most often at Series B and Venture - Series Unknown stage. Most of the 10 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Xinchao Group last invest?

The most recent investment recorded for Xinchao Group closed in Mar 2026. Shizune tracks 10 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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