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Top 50 Sports Startup Investors in China in May 2026

A list of 50 angel investors and VC (Venture Capital) funds that invest in Sports startups based in China. We rank investors based on the number of investments they made in Sports companies from China. We update this investor list every month.

Top 50 Sports Startup Investors in China in May 2026

Investor Sports China investments
Plum Ventures 8
Eagles Fund 6
Shunwei Capital 6
SOSV 6
Fenghou Capital 6
Innoangel Fund 6
N5Capital 5
CMC Capital Group 5
Panda Capital 5
Fosun RZ Capital 4
Ameba Capital 3
In Capital 3
ZhenFund 3
Frees Fund 3
Xinyi Capital 3
PreAngel 3
Crystal Stream Capital 3
The Arena Capital 3
HSG 3
YF Capital 3
China Equity 3
36Kr 3
UnityVC 3
Matrix Partners China 3
Dahe Ventures 2
Cathay Capital 2
CDF-Capital 2
China Capital Management 2
Mount Morning Capital 2
Yunmu Capital 2
SkyChee Ventures 2
Wuzhong Financial Holdings 2
Tamarace 2
GreatWall Fund 2
Tengxun Touzi 2
Toread Holdings Group 2
Partech 2
Jiangboya Instrument Accessories 2
Angel Plus China 2
Qingsong Fund 2
Agile Fund 2
SIG China (SIG Asia Investments) 2
GSR United Capital 2
Joy Capital 2
Loyal VC 2
Zero2IPO Ventures 2
Lighthouse Capital Management 2
Sea of Stars Capital 2
Legend Star 2
Fosun International 2

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Plum Ventures
VC Fund · Changzhou, Zhejiang, China

Plum Ventures is a venture capital company that aims to encourage young people to become entrepreneurs. It specializes ins providing seed and early-stage investments in the technology, new media, and telecommunications industry. The firm was founded in May 2014 and is based in Changzhou, China.

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Investment focus

  • E-Commerce, Manufacturing, Software
  • Series A, Angel, Seed
  • China, United States, Hong Kong

Portfolio highlights

  • Shala Shike — Shala Shike is a supply chain technology company that focuses on catering, dining, salad carving service, cold chain distribution, and smart machine unmanned sales services.
  • HooRii Technology — HooRii Technology is a provider of commercial distribution software systems spawned by the structural Internet of Things concept. It specializes ini end-to-end, edge-to-edge, software, hardware, and other Thread solutions.
  • Ruisi Zhilian Technology — Beijing Ruisi Zhilian Technology Co., Ltd. is an innovative technology company specializing in AI computing power management and scheduling. it is committed to building an industry-leading data center-grade AI computing power management platform and solutions.
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Eagles Fund
VC Fund · Beijing, Beijing, China

Eagles Fund is a diversified angel fund and family fund.

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Investment focus

  • Information Technology, Media and Entertainment, Internet
  • Angel, Series A, Seed
  • China, United States

Portfolio highlights

  • Cai Xiaomi — Cai Xiaobi provides Saas service for supply chain service in agri foods.
  • Star Speed Store — Star Speed Store is a delivery robot provider. Star Speed Store provides hotels with delivery robots for delivering food, packages, and room service within eight minutes – a typical last-mile journey on the premises.
  • Tianbing Technology — Tianbing Technology is an advanced aerospace propulsion system supplier and aerospace vehicle provider. Tianbing Technology independently develops the next-generation ambient temperature green HCP liquid propellant and minimalist aerospace propulsion system. As an upgraded product of traditional chemical propulsion system, it can meetcost-effective aerospace. Advance system supporting needs. The next-generation green HCP aerospace propulsion system, first tested by Tianbing Technology, can be used in the small-vehicle main power and launch vehicle upper-level propulsion system.
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Shunwei Capital
VC Fund · Beijing, Beijing, China

Shunwei Capital is a venture capital fund that focuses on early to mid-stage investments in local internet industry. It specializes in incubation, startups, early to mid-stage, and growth capital investments. It seeks to invest in the technology, media, telecommunications, high technology, new media, games, internet finance, and rural area internetsectors. Their investors include sovereign wealth funds, fund of funds, university endowment funds, and family offices.

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Investment focus

  • Manufacturing, Software, Internet
  • Series A, Series B, Series C
  • China, India, United States

Portfolio highlights

  • CertiK — CertiK, the largest Web3 security service provider, uses AI and formal verification to protect and monitor smart contracts and protocols, securing the Web3 ecosystem.
  • Snapmaker — Snapmaker is dedicated to providing an integrated platform empowering everyone to create things with ease that just wasn’t there before.
  • Shouxing Technology — AheadForm is pioneering the development of realistic humanoid robots designed to revolutionize human-robot interaction. Our current focus is on creating sophisticated humanoid robot heads that can express emotions, perceive their environment, and interact seamlessly with humans. By combining cutting-edge AI and advanced robotics, we aim to bring life to machines and transform the way humans engage with technology.
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SOSV
VC Fund · Princeton, New Jersey, United States · 75 investments in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Biotechnology, Health Care, Software
  • Seed, Convertible Note, Pre-Seed
  • United States, India, United Kingdom

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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Fenghou Capital
VC Fund · Beijing, Beijing, China

Fenghou Capital is early-stage equity investment firm.

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Investment focus

  • Information Technology, Automotive, Information Services
  • Angel, Series A, Seed
  • China

Portfolio highlights

  • 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.
  • Kuaipan Tech — Kuaipan Tech is a cloud gaming and cloud application technology solution service company based on ARM cloud technology.
  • Fengmao Dongtou — Fengmao Enterprise is a bulk raw material logistics operator that transports bulk chemical products corrosive and non-corrosive by road.
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Innoangel Fund
VC Fund · Beijing, Beijing, China

Innoangel Fund is an investment firm that invests in early stage companies.

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Investment focus

  • Artificial Intelligence, Manufacturing, Robotics
  • Angel, Seed, Series A
  • China, Canada, Hong Kong

Portfolio highlights

  • MindOn — MindOn is a robotics company that develops artificial intelligence software and algorithms to create humanoid robots.
  • Xinjuwei Technology — Xinjuwei Technology is a high-performance signal chain integrated circuit product developer that focuses on R&D, manufacturing, and sales.
  • Cloud Map and Action — CloudMap is an AI technology innovation company dedicated to exploring and breaking through cutting-edge technologies in geographic information and spatial intelligent computing.
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N5Capital
VC Fund · Beijing, Beijing, China

N5Capital is a Beijing-based leading venture capital firm focusing on early stage investment in mobile internet. N5Capital is the only early stage USD venture fund in China specializing in mobile internet, big data and cloud’s disruptive convergence with consumer sectors. N5 believes these technologies are emerging to be the infrastructure ofproductivity growth and consumer behavior transformation. Founded in 2013 by Mr. Will Jiang and Mr. Weiguo Zhao, N5Capital is currently managing two RMB funds and one USD fund, with the total capital managed at $350 million USD. In 2016, N5Captial was awarded the Top 20 Early Stage Venture Capital Firm in China. The power of mobile disruption in the internet savvy Chinese population guarantees a strong investment potential. With more than 60 companies in its portfolio, N5Capital has represented some of the most leading-edge tech companies, including Talking Data, 360 Finance, Car 300, Hot & Hot, Viva Video, LGD, Ofashion and inMotion/SoloWheel. N5Capital has a unique GP team combination with a collective successful track record spanning from angel, early stage, and growth stage to corporate M&A with approximately 30 years combined investment experience. N5Capital analyzes in consumer sectors such as finance, retail, housing, automobile, travel among others and invests in start-ups that thrives on either build or leverage the underlying technology to disrupt or recreate the industry value chain . Through an expansive network, in-depth industry analysis and rigorous user behavior research, N5Capital is shifting the investment landscape for both start-ups and investors. For more information, visit www.n5capital.com.

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Investment focus

  • E-Commerce, Internet, Gaming
  • Series A, Seed, Series B
  • China, United States, India

Portfolio highlights

  • Feiyu — Feiyu is an online purchasing platform for luxury trading bags.
  • Harmay — HARMAY is based on contemporary fashion and aesthetics, conveys the concept of beauty and beautiful life. Covering first well-known international cosmetics and skin care brands products, global unique boutiques, and HARMAY’s own products,
  • Zhongying Cross-border — Zhongying Cross-border is a cross-border e-commerce comprehensive service platform.
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CMC Capital Group
VC Fund · Shanghai, Shanghai, China

CMC Capital Group is China's first media sector focused on the alternative investment management company. CMC is dedicated to media investments both in China and the International market. In April 2009, CMC was registered and approved by China's National Development and Reform Commission with RMB 5 billion in assets under management.CMC is uniquely positioned to capitalize on the growth and development of China's media sector as well as international investment opportunities. CMC will target media assets with consistent cash flow, strong market position, well-established branding, and high future growth potential.The firm is focused on growth capital, corporate restructuring, and MBO/privatization financing opportunities; targeting companies with enterprise value between RMB 300 million to 2 billion. Their equity investment size ranges between RMB 140 million to 480 million. With their strong and unique investor base, they are also able to lead or participate in large buyout transactions in excess of RMB 6 billion.CMC Capital Group is formerly known as China Media Capital.

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Investment focus

  • E-Commerce, Apps, Media and Entertainment
  • Series B, Series A, Series C
  • China, United States, Togo

Portfolio highlights

  • Gozem — Gozem is a transport technology platform for Francophone West and Central Africa.
  • Wison Heavy Industry — Wison Heavy Industry is an offshore engineering company that provides clean energy technology, marine engineering, and equipment manufacturing.It is a subsidiary of Wison Offshore Engineering.
  • Phylion Power (Chuzhou) — Phylion Power (Chuzhou) is a lithium battery company that specializes in developing lithium battery products. It is a subsidiary of Phylion Battery.
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Panda Capital
VC Fund · Shanghai, Shanghai, China

Founded in 2015, Panda Capital is a new generation venture capital firm in China focused on early-stage businesses powered by innovative and disruptive technology.Panda Capital is a disciplined early-stage investor focused on companies from Angel to Series B stages and strive to become their first or the second institutional investor.We focus onfast-growing tech startups in areas including Data Driven AI Applications, Enterprise Services, Fintech, Logistics, Mobility & Transportation, and New Generation Consumer Trends.Our family of portfolio companies include: Mobike (Now as Meituan Bike), Atzuche, Mi-Me Financial, 1ziton, Intengine Technology, Xunyi (Antwork), Robot++, Aiwhale, Dr. White and Fulmz AI, etc. Panda Capital have received various awards including "2017 & 2018 China Venture Capital Firms Top 10" by Zero2IPO, “2017 China’s Best Venture Capital Firms Top 10” and “2017 China’s Best Return Venture Capital Firms Top 10” by China Venture, and “2017 China Venture Capital Firms in Sharing Economy Top 10” by 36Kr, etc.

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Investment focus

  • Blockchain, Information Technology, Robotics
  • Seed, Series A, Angel
  • China, United States, Malta

Portfolio highlights

  • Blue Protein — Blue Protein is a biotechnology company that focuses on the research and development of animal feed or edible insects.
  • Five hundred — Five hundred is an e-Commerce platform providing farm fresh fruits and vegetables to customers on a subscription basis.
  • Theia Studios — Icons of Theia - a tactical turn based strategy game
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Fosun RZ Capital
VC Fund · Beijing, Beijing, China

Fosun RZ Capital was founded in 2013 and headquartered in Beijing. As an affiliate of Fosun Group, RZ Capital is an independent fund with strategic resources, quickly establishing global footprints. The company invests in all the stages of a company’s development from the early start- Up to IPO. The firm has over 100 portfolio companies in China,with about $1.2 billion in assets under management, with investments in India, Israel, China, Southeast Asia, and the United States. Focuses on investing in science and technology innovation, and connecting global momentum to global resources.

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Investment focus

  • E-Commerce, Software, Information Technology
  • Series A, Series B, Seed
  • China, United States, India

Portfolio highlights

  • Lumos Robotics — Lumos Robotics is a technology company based in Shenzhen, China, that specializes in the development of embodied intelligent robots designed to operate in dynamic and unstructured environments, with a focus on human-like motion, real-time adaptability, and practical applications across industries such as logistics, disaster response, healthcare,and industrial maintenance
  • Spirit AI — Spirit AI develops 'Universal Brains' for robotics, specializing in general-purpose embodied models that bridge the gap between simulation and real-world deployment. These models provide robots with robust generalization and precise physical interaction capabilities across diverse environments. Technical efficacy is validated by theSpirit Series (notably Spirit v1.5), which currently leads the RoboChallenge global benchmarks. Through rigorous R&D, Spirit AI aims to integrate versatile robotic companions into the modern workforce, advancing the era of embodied AI.
  • Qianxun Intelligence — Qianxun Intelligence is an intelligent technology developer that offers software development, intelligent robot research and development, AI hardware sales, AI application software development, information system integration services, and Internet sales.
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Ameba Capital
VC Fund · Shanghai, Shanghai, China

Ameba Capital is a Chinese venture capital firm that provides early and growth stage investments. Ameba Capital makes investments in the telecommunications, media, and technology industries, focusing on SaaS, AI, Digital Transformation and other disruptive technologies.

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Investment focus

  • Software, E-Commerce, Information Services
  • Angel, Series A, Seed
  • China, United States, India

Portfolio highlights

  • JKStack — Jingkun Technology is the first manufacturer to advocate Workflow in China. It builds "Enterprise IT ERP System" with automated data governance and workflow as the core, uses automation, low-code, faster and more flexible to open up application information islands, and redefines digital orchestration through Workflow. services, endow IToperations with automation capabilities, and deeply integrate with business. Jingkun benchmarks against the global Workflow leader.
  • MOGU — MOGU is an consumer platform aimed towards women, achieved through e-commerce, social media, influencers and content driven services. Their content covers all areas of the fashion world and they have a huge range of age groups and interest covered through their numerous apps and platform.MOGU Inc. is a destination of fashion. With various kindsof fashion content and abundant fashion products, MOGU Inc. allows people to discover and share fashion trends while fully enjoying high-quality shopping experience. In 2011, MOGU Inc. launched fashion platform under the Mogujie brand . In 2016, the merger of Mogujie and Meilishuo was completed.Currently, MOGU Inc.'s online platform includes Mogujie.com and Meilishuo.com websites, mogujie mobile app, Meilishuo mobile app, Uni mobile app and several WeChat Mini programs.
  • Coutloot — We're a pack of young entrepreneurs creating the next wave of social commerce in India, CoutLoot is a leading mobile first C2C(Consumer-to-Consumer) tech platform! From offline shops, small vendors, individual sellers, newbies to celebs to your neighbours, everyone's selling online for the first time in their lives in under 30 seconds onthe CoutLoot app, while buyers from all over India can own their products by bargaining All of it, from the comfort of your couch! List. Earn. Chat. Loot.
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In Capital
VC Fund · Hangzhou, Zhejiang, China

In Capital is a value-oriented, research-driven, independent-thinking venture capital firm.

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Investment focus

  • Software, Information Technology, E-Commerce
  • Series A, Angel, Seed
  • China

Portfolio highlights

  • Across the Stars — Across the Stars is a product guidance solution provider.
  • Hygea Medical Technology — Hygea Medical Technology is a oncology-focused biopharma company. Hygea’s solutions cater to cancer therapies targeting diseases in the lung, liver, breast, and kidney. Hygea will continue to develop its micro-invasive and Cryo-HITTM technology.
  • BlissBio — Bliss Bio is a biopharmaceutical company focused on development of tumor targeting and immunotherapy drugs.
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ZhenFund
VC Fund · Beijing, Beijing, China

ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022.

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Investment focus

  • Artificial Intelligence, Software, E-Commerce
  • Series A, Seed, Series B
  • China, United States, Singapore

Portfolio highlights

  • Teable — Teable is an AI-driven, no-code, enterprise-grade database built on PostgreSQL that uses a spreadsheet-like interface to enable rapid creation of complex applications. It supports AI integration, real-time collaboration, and private deployment, offering a fast, scalable, and secure solution for efficient app development without coding.
  • ImageDT — ImageDT is a Enterprise services company.
  • Zhaogang.com — Zhaogang.com is a website that is specialized in steel trading information services for buyers and suppliers. Zhaogang.com obtained ten millions of dollars in angel funding at the end of 2011. It was launched in 2012.
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Frees Fund
VC Fund · Beijing, Beijing, China

By adopting revolutionary mechanisms, FREES FUND is devoted to change the long-established rules in the venture capital. By leveraging the cutting-edge technologies and resources, FREES FUND aims at investing in great startups and helping them grow into great enterprises that are valuable to our society. We mainly invest in early-stagestartups, and hope to become their first-round institutional investor. Our primary interested areas are broad-sense TMT (Technology, Media, Telecom), B2B and deep technology.

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Investment focus

  • Artificial Intelligence, Medical, Biotechnology
  • Series A, Seed, Angel
  • China, United States, Singapore

Portfolio highlights

  • SoundAI — Sound Technology is a science and technology innovation company that specializes in acoustics frontier technology and artificial intelligence interaction. It is committed to lead the more interactive experience of artificial intelligence in the real environment and realize the human-computer interaction vision that "listen to you and know whatyou think".
  • Mask Network — Your Portal To The New, Open Internet.
  • Oricell Therapeutics — OriCell Therapeutics aims to develop drugs with good efficacy and affordable prices for tumor immunotherapy.
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Xinyi Capital
VC Fund · Beijing, Beijing, China

Xinyi Capital is an investment firm based in China.

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Investment focus

  • Sports, Gaming, Software
  • Series A, Angel, Seed
  • China

Portfolio highlights

  • Zhu Zhan — Zhu Zhan is specialized in providing personal care makeup brand.
  • Zero One Auto — Zero One Auto is a new energy-efficient heavy-duty truck developer company.Zero One Auto creates new energy-efficient heavy-duty vehicles with advanced autonomous driving characteristics. The first batch of products is separated into two models, with an emphasis on the new energy heavy-duty truck short-distance freight market.
  • Deep Light Technology — Shenqing (Shanghai) Technology Co., Ltd. is an efficient actuarial software developer, focusing on insurance technology and consulting services, providing actuarial forecasting engines, efficient actuarial software and other products, seamlessly connecting with financial systems, core business systems, and analysis systems, providingCompany-related development and maintenance work and cross-system data linkage solutions.
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PreAngel
VC Fund · Beijing, Beijing, China

PreAngel is a 30M RMB investment fund focused on early stage internet startups. Investment on each project range from 100K to 1M RMB. In addition to investment, PreAngel plays a key role as "co-founder", providing guidance in startup operation, business model refinement and industry resources.

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Investment focus

  • Internet, Software, Blockchain
  • Angel, Seed, Series A
  • China, United States, Switzerland

Portfolio highlights

  • Ajuna Network — Ajuna Network is a decentralized ecosystem for gamers and creators.
  • X World Games — Founded in 2018, X World Games (“XWG”) aims to build the next-gen decentralized gaming metaverse.X World Games' vision is to build a diversified gaming ecosystem that connects traditional gamers with the blockchain world and invite more game developers into the crypto space by creating and providing the underlying blockchain framework.Withits gaming innovation, crypto game - Dream Card, NFT Marketplace and DeFi Pool, X World Games now serves over 2 million registered gamers, and has quickly become the fastest-growing crypto gaming platform in the ecosystem.X World Games is headquartered in Singapore with a 100+ dynamic team located worldwide.
  • Feiba Business Travel — Feiba Business Travel is a business trip ticket service platform
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Crystal Stream Capital
VC Fund · Beijing, Beijing, China

Crystal Stream Capital specializes in making early-stage investments in the technology, media, and telecommunications sector.

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Investment focus

  • E-Commerce, Fashion, Internet
  • Series A, Series B, Seed
  • China, United States, Egypt

Portfolio highlights

  • ONE2X — From intelligence to infinity
  • Robot Era — Robot era is an emerging technology business creates embodied intelligence and generic humanoid robot technologies and products. Xingdong Era is committed to the development of universal humanoid robots that can adapt to a wide range of fields, multiple scenarios, and high intelligence, striving to realize the beautiful vision of intelligent robotsentering thousands of households and integrating into the lights of thousands of homes.
  • Yupan Technology — Yupan Technology specializes in the core control technology of car intelligent chassis, offering secure chassis execution systems and global stable intelligent control solutions.
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The Arena Capital
VC Fund · Shanghai, Shanghai, China

The Arena Capital has been jointly established by Guiren Bird (603555), Tigers Sports and Jinglin Capital Management Co., Ltd., focusing on sports industry investment. The mobile domain believes that the sports industry is becoming the core driving force for China's economic growth. It is believed that the people's consumption power isimproving, and Internet technology and reform dividends constitute an opportunity for the outbreak of the sports industry. The dynamic team relies on deepening the accumulation of resources in the sports industry for more than 10 years, and is committed to working with entrepreneurs to promote the brilliant future of Chinese sports.

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Investment focus

  • Sports, Food and Beverage, Tea
  • Series A, Angel, Seed
  • China

Portfolio highlights

  • Teasure — Teasure is a new modern casual teahouse that offers healthy drinks. It specializes in providing high-end milk tea with lychee, matcha, tangerine, strawberry, and jasmine flavors.Teasure has three stores located in Beijing APM, Youtang, and Xi'an, which are designed by designers from the original research institute, China, and the UnitedStates. It is a company that belongs to Beijing Boiled Leaf Restaurant Management Co., Ltd.
  • GOGO STORE — GOGO STORE (动咖啡) is a mobile coffee car franchise operator, providing customers with coffee made from high quality raw materials such as Arabica beans, imported fresh milk, and moline syrup. GOGO mobile shopkeepers can use the company's mobile application to facilitate business, analyze operations, and more.
  • Next World Culture — Next World Culture is a startup focusing on creating AI-generated virtual humans.
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HSG
VC Fund · Beijing, Beijing, China · 10 investments in the past 12 months

We help founders build enduring companies.

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Investment focus

  • Health Care, Biotechnology, Software
  • Series A, Series B, Series C
  • China, United States, Hong Kong

Portfolio highlights

  • MarqVision — Effortlessly discover and remove counterfeits to protect your sales and reputation.
  • Midas — Midas is the first neobroker of Turkey, providing zero commission Turkish and American stocks.
  • Yunzhou Zhiwei — Yunzhou Zhiwei is a high-tech startup focused on serving large-scale equipment maintenance industries such as aviation, aerospace, shipbuilding, and rail transit. It leverages smart maintenance concepts and advanced digital technologies to make complex equipment maintenance more efficient and lean. The company drives industrial transformationtoward intelligent maintenance, helping enterprises enhance growth, efficiency, and operational excellence.
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YF Capital
VC Fund · Hong Kong, Hong Kong Island, Hong Kong

Yunfeng Capital was established in January 2010. It is the only private equity firm in China set up by successful entrepreneurs, pioneers and industry leaders. Its goal is not merely to be a financial investor, but also to share the entrepreneurial experience with companies, helping them refine their development, organizational management and brandbuilding strategies.Yunfeng Capital places a special emphasis on young entrepreneurs, grooming future leaders to lead world-class enterprises. Yunfeng is the result of combining the Chinese first names of Mr. Jack MA (Yun), Chairman of Alibaba, and Mr. David YU (Feng), Founder of Target Media.In addition, there are more than 10 other co-founders, including Mr. Yu Zhu SHI, Chairman of Giant interactive group, Mr. Yong Hao LIU, Chairman of New Hope Group, Mr. Guo Jun SHEN, Chairman of Intime Investment, Mr. Yu Suo WANG, Chairman of ENN Group, Mr. Jason JIANG, Chairman of Focusmedia, Mr. Hang XU, Chairman of Shenzhen Mindray Medical, Mr. Yi Hong CHEN, Chairman of China Dongxiang(Group), Mr. Xin ZHOU, Chairman of E-House (China), Mr. Jian Guo WANG, Founder of Fivestar, Mr. Shao Xiong ZHOU, Chairman of Septwolves, Mr. Xu Ning WANG, Chairman of Joyong Holdings, Mr. You Cai ZHANG, President of Unifront Holdings.Yunfeng Capital is headquartered in Shanghai. Branch offices are located in Hong Kong, Beijing, Hangzhou, and other mainland cities.

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Investment focus

  • Biotechnology, Health Care, Information Technology
  • Series A, Series B, Series C
  • China, United States, Indonesia

Portfolio highlights

  • VIPKID — VIPKid is a global education technology company that connects children with the world’s best teachers for real-time online English immersion learning.VIPKid’s mission is to inspire and empower every child for the future. VIPKid envisions a global classroom that empowers students and teachers through personalized learning, connection of culturesacross the world and the passion for lifelong learning. It believes that education is not one-size-fits-all, rather, all students are unique and the world is within their reach when connected with great teachers capable of personalizing learning and sparking curiosity.Founded in 2013 and formally launched in 2014, VIPKid has become China’s market-leading online education startup, attracting investment from Tencent, Coatue Management, Sequoia Capital, Sinovation Ventures, Yunfeng Capital, Matrix Partners, Learn Capital, Northern Light VC and Bryant Stibel, among others. The VIPKid platform currently connects over 500,000 paying students with over 60,000 teachers in the US and Canada.
  • Duobaoyu Insurance — Duobaoyu Insurance provides an online insurance service platform. It began operation in 2017, with its headquarters in Hangzhou in China.
  • Mifeng Technology — Mifeng Technology provides an embodied intelligence data platform for AI and robotics applications.
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China Equity
VC Fund · Beijing, Beijing, China

ChinaEquity is China's private merchant bank engaging in VC, PE, Direct investments as well as investment management. It provides one-stop cross-border VC PE and direct investments to high-tech enterprises throughout the Greater-China Region.The company uniquely positions itself to the booming Chinese technology, media, telecommunications,biotechnology and environmental technology, sports, medicine and the natural resource industries, and aims to equilibrate the demand and the supply in the capital market and provide total solutions to all parties on the capital flow chain.Clear development strategy and innovative business model has helped ChinaEquity to achieve outstanding performances. Its resources and networks extend all over the Silicon Valley, Wall Street, Europe and Greater China. International strategic alliance and partnerships allow the company to be able to cover all stages of investment and financing. Since inception, ChinaEquity has achieved a promising portfolio of investments and has established a high-quality customer base.ChinaEquity fully understands the political, economic and cultural environment in Greater-China, is well experienced in international capital market operations, and familiar with development trend. The company maintains long-term and favorable communications with Chinese governmental bodies, international financial institutions and high-tech enterprises.ChinaEquity was founded in 1999 by Mr. Chao Y. Wang, formerly the Vice President and Beijing Chief Representative of Morgan Stanley Dean Witter. The senior partners and executives joined ChinaEquity from international and domestic renowned financial institutions and high-tech enterprises.

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Investment focus

  • Software, Internet, Information Technology
  • Series A, Series B, Angel
  • China, United States, Canada

Portfolio highlights

  • iSMARTWAYS — iSMARTWAYS provides core equipment and solutions for V2X connected vehicles and intelligent transportation.
  • Cadena — Looking to expand to the Gulf countries (Saudi Arabia, UAE etc.)? Cadena has a Local Sales Team in every GCC country and proprietary technology: Discovery Portal, BuyBeacon & IntelliContact for Low-Cost growth across the region.
  • iSmartWays — iSmartWays Technology is a technology company, engages in connected vehicle (V2X) and transportation technology. iSmartWays Technology specializes in research, development and manufacturing of connected vehicle hardware and software solutions.
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36Kr
VC Fund · Beijing, Beijing, China

36Kr was founded in July 2011 as a company dedicated to serve entrepreneurs. Over six years, it has grown into a comprehensive service provider aimed at serving innovative tech companies while being the largest and strongest ecosystem-based platform that boasts comprehensive coverage over a myriad of sectors with a game-changing vision. So far,36Kr consists of three major business segments: 36Kr media, Venture Capital and Kr Space, through which they strive to offer Chinese entrepreneurs and SMEs with one-stop service encompassing providing of information, matchmaking of financing and direct access to funding, not to mention office solutions and relevant incubating services. They aspire to become the platform that provides entrepreneurs and SMEs with ambient services that can help them grow, nothing short of utilities. 36Kr has served over 20,000 startups and helped to secure next round financing for 4,000 firms with free-of-charge services throughout the entire process, supporting startups to embark on their very first steps. Currently, over 90,000 startup projects are being proceeded on the 36Kr on-line platform where 80% of premium projects are hosted. Meanwhile, they have established an investment alliance of top 15 Chinese institutional investors with the mission of offering the best financing support to the most promising bunch of entrepreneurs.Out of recognition of their vision, China’s fintech giant Ant Financial has made a strategic investment in 36Kr so as to better SMEs’ financing needs. In addition, 36Kr is also favored by globally-renowned Matrix Partners China and traditional securities giant China Securities, with both as its shareholders. Another strategic investor – China Merchants Group’s VC was introduced in 2016.

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Investment focus

  • Manufacturing, Sports, Enterprise
  • Series A, Seed, Series B
  • China

Portfolio highlights

  • Shebaotong — Shebaotong provides social security, provident fund, commercial insurance, salary services, labor cost optimization and other services.
  • Yunsheng Group — Yunsheng Group is a technology company that offers human resources digital service cloud platforms. It creates a one-stop human resources full-process service system for employees, enterprises, governments, and institutions, and integrates recruitment, background adjustment, entry, social security and provident fund, salary, personal tax, andcommercial insurance.The company was established in 2015 by Li Xianwei.
  • Six Degrees — Six Degrees Think Tank is a dynamic knowledge search platform with expert network as its core service.
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UnityVC
VC Fund · Beijing, Beijing, China

Unity Ventures began in Beijing in 2011 led by Shaw Wang who was one of the 7 founders of Baidu (NASDAQ:BIDU). As one of the leading local early-stage venture capital firms, they have invested in more than 200 startups, focusing on industrial upgrades, emerging technology, enterprise services, consumption internet and entertainment. They believe“Do valuable things, commercial value will follow". They are committed to adding value in the investment cycle and look forward to long-term cooperation with outstanding entrepreneurs.

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Investment focus

  • Artificial Intelligence, E-Commerce, Information Technology
  • Angel, Seed, Series A
  • China, Hong Kong, Singapore

Portfolio highlights

  • ONE2X — From intelligence to infinity
  • Youbu — Youbu offers clothing supply chain services based on digital printing technology.
  • Weiguang Dianliang — Weiguang Lights Up is a technology promotion and service provider dedicated to the research, development, and application of AI-driven intelligent hardware and software solutions. By integrating cutting-edge artificial intelligence, cloud computing, and IoT technologies, the company delivers innovative products and services that enhance automation,efficiency, and user experience across various industries.
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Matrix Partners China
VC Fund · Beijing, Beijing, China

Matrix Partners China builds long-term relationships with entrepreneurs and helps them build significant, industry-leading companies.Since its inception in 1977, Matrix Partners China has made hundreds of investments and played an active role in the development of many successful businesses, 50 of which went on to IPO, and 75 of which have goneon to profitable M&A events. The firm consistently ranks in the top venture firms in terms of returns to its investors.Matrix Partners China combines local knowledge with global experience and vision. Its team consists of both former entrepreneurs and experienced investors. Its past successes include Focus Media, Eachnet, and Baidu, among others. The company invests across multiple sectors and stages.

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Investment focus

  • Health Care, Biotechnology, Software
  • Series A, Series B, Series C
  • China, United States, Hong Kong

Portfolio highlights

  • iOranges Automation — ioranges Automation is an AI & Robotics Company.
  • Ucello Therapeutics — Ucello Therapeutics is engaged in development of allogeneic cell therapies using its proprietary CAR-T cell technology platform CBT-X20.
  • Aureka Biotechnologies — Aureka Biotechnologies is a pioneering biotech firm dedicated to democratizing the pharmaceutical sector in order to conquer sickness.
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Dahe Ventures
VC Fund · Shanghai, Shanghai, China

Dahe Ventures is an investment management company focused on private equity investment.

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Investment focus

  • Information Technology, Apps, Education
  • Angel, Series A, Series B
  • China

Portfolio highlights

  • Gsubo — Gsubo offers a high-speed cloud platform that provides solutions for various industries.
  • AceGear — AceGear is a platform that brings together industry opinion leaders and car culture and car life clubs to enrich car playing life.
  • Dayu Yunfu — Dayu Yunfu provides a professional after-sales service management system.
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Cathay Capital
VC Fund · Paris, Ile-de-France, France

Cathay Capital is a global private equity and venture capital investment firm supporting companies at every stage of their lifecycle.

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Investment focus

  • Manufacturing, Health Care, Biotechnology
  • Series B, Funding Round, Private Equity
  • China, France, United States

Portfolio highlights

  • ImageDT — ImageDT is a Enterprise services company.
  • ShiningSoul — ShiningSoul develops its own original IP-based card sets while also collaborating with various well-known intellectual properties (IPs) to create unique, engaging, and collectible card experiences that appeal to a wide range of audiences.
  • Yanshengchao — Room A204-1, Floor 2, Building 2, Yard 9, Yike Road Life Science Park, Changping District Beijing China
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CDF-Capital
VC Fund · Shenzhen, Guangdong, China · 6 investments in the past 12 months

CDF-Capital is a private equity firm invests in growth and early-stage companies and its business covers 3+1 investment, including equity investment (start-up investment, M&A investment, industrial investment) and incubation investment (Chuangzhan Incubator). Since its establishment, it has received funding and recognition from the StateMinistry (Ministry of Finance, Ministry of Science and Technology), government guidance funds, parent funds, banks, and insurance companies.

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Investment focus

  • Manufacturing, Software, Information Technology
  • Series A, Series B, Seed
  • China, United States

Portfolio highlights

  • Coreview — Coreview is an OLED developer, focusing on silicon-based OLED IC design and silicon-based OLED microdisplay R&D and manufacturing.
  • Aowei Linkcore — Aowei Linkcore specializes in the designing, development, production, and sales of high-performance RISC-V processor chips.
  • Tsinghua Huahe — Tsinghua Huahe is a medical devices company that provides research and development of modified PEEK materials.
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China Capital Management
VC Fund · Beijing, Beijing, China · 7 investments in the past 12 months

China Capital Management is a direct investment business institutions for securities companies.

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Investment focus

  • Manufacturing, Semiconductor, Automotive
  • Series A, Series B, Series C
  • China

Portfolio highlights

  • Jiangsu Jiahe — Jiangsu Jiahe is an automobile thermal management system provider. Its primary products include five types of vehicle aluminum radiators, intercoolers, oil coolers, electronic fans, and air conditioning systems.
  • Nosee Technology — Nosee Technology specializes in Micro-LED display chip technology and micro-display solutions.
  • PRCXI Biotechnology — PRCXI Biotechnology is a biotech company that provides bioinformatics and automation solutions for life science and the manufacturing of analytical instruments.
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Mount Morning Capital
VC Fund · Beijing, Beijing, China

Mount Morning Capital is an investment firm that invests in healthcare and TMT industries.

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Investment focus

  • Software, Information Technology, E-Commerce
  • Series A, Seed, Series B
  • China

Portfolio highlights

  • Kernelsoft — Kernelsoft focuses on automotive software and intelligence solutions. Its products and services are driven by autonomous systems that provide dependable safety verification.
  • TechMach — Techmark is a system and equipment manufacturer in the curling control industry.
  • Zhongke Jiahe — Zhongke Jiahe develops compilation technology and aspires to build a universal, low-cost, high-performance fundamental software tool chain.
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Yunmu Capital
VC Fund

Yunmu Capital is a boutique investment bank offering financial consulting and equity investment. Yunmu Capital works with exceptional companies to complete multiple rounds of financing. Yunmu Capital is always focused on the long-term development of the enterprise, offering long-term investment and financing services, strategic consulting, andoperation management consulting based on in-depth research and independent thinking.

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Investment focus

  • Smart Home, Health Care, Internet of Things
  • Angel, Series A, Series B
  • China

Portfolio highlights

  • Hohem — Hohem is a world-leading brand dedicated to AI tracking gimbals for video shooting, providing consumer and professional stabilizers for smartphones and cameras.
  • Huaqiu — Huaqiu is an electronic service platform.
  • Xingmai Innovation — Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.
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SkyChee Ventures
VC Fund · Beijing, Beijing, China

SkyChee Ventures focuses on Hardware as a Service investments that combine highly competitive Asian manufacturing capabilities with global software and talent to enable new business models and revenue opportunities. They create value by combining global markets with technology innovation and value-add services. They focus on early stage technologyenabled investment opportunities.

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Investment focus

  • Artificial Intelligence, Software, Information Technology
  • Seed, Series A, Angel
  • China, United States, Hong Kong

Portfolio highlights

  • DeePoon — DPVR is a virtual reality headset designer and manufacturer that makes cutting edge VR wireless and PC tethered headsets for gaming, training and education.
  • Future Box — Future Box is a provider of prefabricated industrial digital decoration solutions. It focuses on modular decoration and incorporates software R&D, design, supply chain, and overall installation and implementation services.
  • Moying Robotics — Moying Robotics is an enterprise that focuses on the development of mobile collaborative robots and application integration systems.
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Wuzhong Financial Holdings
VC Fund · 1 investment in the past 12 months

Wuzhong Financial Holdings focuses on technological innovation to improve the intelligent level of product learning and judgement.

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Investment focus

  • Robotics, Swimming
  • Angel
  • China

Portfolio highlights

  • Lumos Robotics — Lumos Robotics is a technology company based in Shenzhen, China, that specializes in the development of embodied intelligent robots designed to operate in dynamic and unstructured environments, with a focus on human-like motion, real-time adaptability, and practical applications across industries such as logistics, disaster response, healthcare,and industrial maintenance
  • Xingmai Innovation — Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.
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Tamarace
VC Fund · Shenzhen, Guangdong, China · 1 investment in the past 12 months

Tamarace is a venture capital private equity firm focusing on investing TMT, mobile Internet, culture, entertainment, O2O, intelligent hardware, smart home, big data, and cloud computing. It was founded in 2011 and grows to over 50 members in 2017.

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Investment focus

  • Software, Information Technology, Service Industry
  • Angel, Seed, Series A
  • China

Portfolio highlights

  • Guoyu qianjian — Guoyu Qianjian is a building and operating company that specializes in airbag sports venues. Its operations include sports event organizing, investment, construction, and maintenance of sports venues, as well as fitness and leisure activities. It actively encourages athletic power with its central tenet of "injecting sports genes into everychild". Its airbag sports facilities are more ecologically friendly, low-carbon, energy-efficient, versatile, and adjustable, and they can accommodate various social groups' sporting demands at various times.
  • Huachuang Shenting — Huachuang Shenting is a non-invasive brain AI detection company that develops AI detection technology for cranial and brain health.
  • Xiling Biotechnology — Xiling Biotechnology is a medical company that specializes in the development of oncology and advanced treatments for malignant tumors.
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GreatWall Fund
VC Fund · Shenzhen, Guangdong, China

Qianhai Great Wall Fund Management (Shenzhen) Co., Ltd. was established in July 2015 with a registered capital of 124.356 million yuan. It was initiated by Mr. Chang Jinyong, Weng Xianding, He Xianbo, Xue Liang, Wang Yong, etc. They are all leaders in the PE industry, per capita. With more than 20 years of investment experience, he has a brilliantexperience in their respective fields and projects. Qianhai Great Wall Fund investment areas include medical health, smart industry, IT , new energy, new materials, culture, and modern logistics. The fund upholds the concept of value investment and puts the interests of investors first. It strives to achieve market value management of the projects it invests in while achieving sustained and stable excess returns, and to achieve continuous improvement of its own and social values, and strive to jointly target the enterprises and investors. growing up.

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Investment focus

  • Health Care, Service Industry, Events
  • Series A, Series B, Angel
  • China, United States, United Kingdom

Portfolio highlights

  • Torey — Torey develops chips designed for display processing technology.
  • Addygene — Addy Gene is a gene editing technology firm that specializes in CRISPR/Cas research, development, services, and industrialization.
  • Nadra Card Centre — Nadra Card UK provide online service provider for Pakistan overseas who want Nadra Card Renewal Online Services in all over UK.
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Tengxun Touzi
VC Fund · Shenzhen, Guangdong, China

Tengxun Touzi is a investment firm.

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Investment focus

  • Information Technology, Software, Gaming
  • Series A, Funding Round, Angel
  • China

Portfolio highlights

  • Xiaoduo — Founded in 2014, Xiaoduo Technology is mainly engaged in artificial intelligence voice customer service. Its business scope covers e-commerce, government affairs, finance and other fields. China Telecom, Meituan, Haidilao and other enterprises are its customers.
  • Siwei Zongheng — Siwei Zongheng is a hyper-converged time-series database that can realize real-time data query, analysis and systems in various scenarios. Scenarios can include smart connected cars, smart energy, smart manufacturing, smart transportation, telecommunications, and finance.
  • WT Microtech Medical — MicroTech is committed to developing user-friendly diabetic glucose monitoring devices that provide a comprehensive solution for diabetic glucose monitoring.
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Toread Holdings Group
VC Fund · Changping, Beijing, China

Toread Holdings Group designs, manufactures, and retails camping and outdoor equipment.

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Investment focus

  • Sports, Outdoors, E-Commerce
  • Angel, Series A
  • China

Portfolio highlights

  • Yeoner — Yeoner is an outdoor sports company that provides video programs, evaluations, and other content for outdoor users via WeChat. They specialize in global outdoor sports and outdoor technology trends as well as smart wearables for outdoor enthusiasts.
  • Yoger.com — Yoger.com is a sporting goods platform.
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Partech
VC Fund · Paris, Ile-de-France, France

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Software, E-Commerce, SaaS
  • Series A, Seed, Series B
  • United States, France, Germany

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • Yampa — Discover yampa's autonomous AI agents and revolutionize your customer experience. Elevate your service with the most advanced AI technology.
  • HostnFly — HostnFly develops algorithms to optimize the income from rented apartments on Airbnb. The company also offer Parisians to take care of their apartment rental by guaranteeing an income.
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Jiangboya Instrument Accessories
VC Fund · Beijing, Beijing, China

Entertainment Works is an investment firm that focuses on the entertainment and culture industry.

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Investment focus

  • Content, Video, Beauty
  • Series A, Angel, Seed
  • China

Portfolio highlights

  • Muho.TV — Video platform showing behind-the-scenes look of sports stars based in Shanghai.
  • Foodtopia — Foodtopia is a food company based in Hangzhou, China.
  • Young Beauty — Young Beauty is a beauty purchase cross-border B2B business platform.
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Angel Plus China
VC Fund · Beijing, Beijing, China

Angel Plus is a China-based venture capital firm.

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Investment focus

  • Information Technology, Internet, Health Care
  • Angel, Series A, Seed
  • China, United States

Portfolio highlights

  • Flexiv — Flexiv is a deep-tech company that is committed to developing and manufacturing general-purpose adaptive robots that redefine intelligent automation. Combining advanced robotics and artificial intelligence with human-centered design, Flexiv's robots empower businesses to flexibly automate complex tasks with intuitive and easy-to-use interfaces.
  • liko.ai — Lido.ai focuses on designing an AI Home Center and AI-native cameras using NPU and edge-side large models, with a vision of creating a home AI butler system that understands, protects, and empathizes with its users.
  • DexForce — DexForce offers an AI-enabled robot with integrated 3D vision cameras, and software and hardware solutions for manufacturing robots.
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Qingsong Fund
VC Fund · Shenzhen, Guangdong, China

Founded in June 2012 by Liu Xiaosong, Dong Zhanbin, and Su Wei, three Internet and investment circle veterans, Qingsong Fund is an early venture capital firm specializing in investment in education, social networking, consumerism, innovation, technology and applications. It manages four RMB funds with a total value of about RMB 2 billion. So far,it has invested in more than 140 companies, including 1 to 1 head, 1 DaDa English, squirrel AI, onion mathematics, wedding calendar, werewolf killing, flystep technology, HomeFacial. Pro and other star projects - 50% exit project returns more than 60 times, multiple project valuation multiples increased nearly 200 times, and educational projects have an average annual value increase of 500%. Among them, the Qingsong Smart Fund, which was newly established in 2018, focuses on the underlying technologies of the underlying AI and Smart Connect, as well as investment in such areas as smart healthcare, enterprise services and intelligent transportation applications. Liu Xiaosong, founding partner of Qingsong Fund, is a Ph.D. student at Tsinghua University. He invested in Tencent in 1999 and has a return on investment of tens of thousands of times. In 2000, he founded A8 New Media Group, which was successfully listed on the main board in Hong Kong in 2008. In 2015, he hatched in November 2018. Listed in Hong Kong stocks in the year. As a leading early investment institution in China, Qingsong Fund and its founding partners have repeatedly won Top 10 of Zero2IPO China's early investment institutions/investors, Top10 of China's education sector, Top100 of Chinese investors, and China's best early venture capital investment. Institution/Investor Top10; 36氪 China's new entertainment sector investment institutions Top10, online education sector investment institutions/investors Top10 and other mainstream awards.

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Investment focus

  • Manufacturing, Internet, Education
  • Series A, Angel, Seed
  • China, United States, Canada

Portfolio highlights

  • Itanium Innovation — Itanium Innovation is a technology company providing integrated integration solutions for distributed edge computing microdata centers.
  • Shufang New Energy — Shenzhen Sufang New Energy focuses on the research, development, and production of lithium-rich manganese-based cathode materials.
  • Tongwei New Energy — Tongwei New Energy is a company that manufactures zero-carbon solid oxide fuel cells. Its major product is distributed zero-carbon power plants.
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Agile Fund
VC Fund · Beijing, Beijing, China

Agile Fund was established in 2015 by a group of experienced Chinese venture capitalists with a very clear focus on the Chinese sports, fitness and wellness related industries. Since its inception, Agile Fund has made some 20 investments in various industries encompassing TMT, fitness, technology, marketing & new media, health care and consumergoods etc. Their GP team comprises of professional investors, seasoned entrepreneurs, senior marketing experts and highly experienced financial and research professionals. Their GP team has a diverse background and they are both strong in their over-all understanding of the Chinese business environment and their global outlook as well as international outreach. Agile Investment Management is one of the few in the market in terms of being able to stay clear-headed and sticking to their investment philosophy and discipline in the Chinese investment bubble in recent years. Their investments made in the past two years all exceeded expectation, which makes Agile Fund Management a recognized team in domestic Chinese VC community.

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Investment focus

  • Fitness, Health Care, Mobile
  • Series A
  • China

Portfolio highlights

  • I-Fitness — Fitness social networking app based in Shanghai.
  • myShape — myShape is an innovative AI personal trainer system.
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SIG China (SIG Asia Investments)
VC Fund · Shanghai, Shanghai, China

SIG's China venture capital and private equity activities are operated through SIG Asia Investments, LLLP (SAI) and its wholly foreign owned enterprise (WFOE) based in Shanghai with a branch office in Beijing. The SIG China team seeks to commit the firm’s capital to venture capital and private equity investments in China.SAI is a member ofthe Susquehanna International Group of companies (SIG), which has evolved over the past 20+years into a leading financial institution focusing on trading and market making, institutional sales and research, private equity, and venture capital. With more than 1,400 employees across offices worldwide, SIG’s professionals develop ideas in an entrepreneurial environment, taking full advantage of SIG’s cutting edge technology and quantitative research.SIG is committed to expanding its global businesses in China. As part of that effort SAI has been mandated to commit SIG's proprietary capital in VC and PE investments in companies operating in the PRC.

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Investment focus

  • Software, E-Commerce, Artificial Intelligence
  • Series B, Series A, Series C
  • China, United States, Singapore

Portfolio highlights

  • GroMo — Gromo is India's best real money earning app to earn extra income online without investment. Become a Gromo partner to Sell financial products & earn real money.
  • RapidBox — Rapidbox is ecommerce website for footwear and fashion accessories
  • RedDoorz — RedDoorz is a platform offering budget accommodations across key business and tourist destinations in Southeast Asia. The company solutions help partners manage distribution, marketing, technology, customer experience, and pricing solutions offering an end-to-end platform.RedDoorz has grown to over 1,000 employees in five countries, funded byleading investors, such as Jungle Ventures, Susquehanna International Group, International Finance Corporation (the World Bank), 500 Startups, and Innovate Capital. It also operates a marketplace of two-star, three-star and below budget hotels, selling access to rooms to people.RedDoorz was founded in 2015 and is based in Singapore.
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GSR United Capital
VC Fund · Beijing, Beijing, China

"Founded in 2009, GSR United Capital focuses on equity investment in high-tech industries, focusing on investment and M&A opportunities in advanced manufacturing, next-generation information technology, industrial Internet/digital enterprise services and other fields. GSR United Capital manages both RMB master funds and industrialfunds established with local governments. Since its establishment, GSR United Capital has received strong support from China's top market-oriented mother fund, government-guided fund, wealth management institutions, global 500 enterprises, listed companies and other institutions. Among them, investors with state capital background include Guochuang Yuanhe, Guochuang Kaiyuan, SDIC Unity Capital, China Merchants Venture, Suzhou Fund, Nanchang Industrial Control, Weifang Financial Holding Group, Dongguan Dongcheng, Zhangjiagang Jincheng Investment & Development Co., ltd, etc. Suzhou GSL Venture Capital Management Company, founded in 2011, is a private equity fund manager of the comprehensive fund of GSR United Capital (referred to as "" GSR United Capital ""), and completed the registration of private equity fund manager on May 20, 2014, with the serial number P1002246.""A+ stage is the main stage, the middle and late stage is the auxiliary"" The company focuses on equity investment in high-tech industry, focusing on the strategy of ""A+"" stage, with a capital allocation ratio of 60%. The project in this stage is between ""engineering"" and ""scale commercialization"", which is the ideal range of ""bargaining power"" and can win a high proportion of relative returns. At the same time, 40% of the project will be allocated in the middle and late stages. The middle and late stages refer to enterprises with IPO expectations within 2-3 years, and the investment will be completed within 60 months in the early stage of the fund investment period (exit will start in the third and fourth years), which will be used as the basic plate for anchoring returns.GSR United Capital has invested in more than 100 high-tech start-ups, including Great Wisdom Software (financial information terminal, 601519), eCARBON (high thermal conductivity graphite heat dissipation material, 603133), TZTEK (Precision, 688003), METRON (Diamond wire material, 603133) 300861), GTEP (sludge treatment and recycling, has started the board meeting), Niu (electric two-wheeler, NASDAQ: NIU), LATTICELIGHTING (LED silicon substrate technology and application), Freetech (unmanned driving), Marknum Technology (big data), xMate (light collaborative robot), TAGEIDRIVER (autonomous driving), HUIRUI (high-precision metal 3D printing), DYSO (CNC machine tool parts), NEWLINK GROUP (energy Internet), and many cross-border enterprises Industries such as LianLian (online payment), Xingyun Group (cross-border supply chain), Tec-Do (outbound brand digital marketing, Guangzhou), LAVA (smart guitar, Guangzhou), Shoplazza (outbound SaaS independent site construction tools, Guangzhou), E-ports (Internet for shipping industry), Chenhaiyun (sea-going compliance), Whalehouse.tech (intelligent warehousing), Huoyan (ABM intelligent marketing), Giiso (intelligent writing) and other excellent projects, which have won excess investment returns and social reputation. At present, the withdrawn projects include Great Wisdom Software (Financial information terminal, 601519), which has been fully withdrawn through listing, with return multiple reaching 8.96x, invested by GSR United Capital Phase I; TZTEK (Precision Measurement, 688003.STAR), fully exited through listing with return multiple reaching 2.74x, invested by GSR United Phase II and Botong Jinshi; eCARBON (high thermal conductivity graphite heat dissipation material, 603133), through the listing of all exit, return multiple reached 5x, invested by GSR United Capital Phase I Institute; METRON (Diamond Wire Materials, 300861), which was partially exited through listing with a return multiple of 4.5X and was invested by GSR United Phase III and Botong Jinshi Institute; Lebo Technology (cross-platform screen investment tool), partially exited through equity transfer, with a return multiple of 4.35x, invested by Botong Jinshi. Giiso (Intelligent Collaboration), which was partially withdrawn through equity transfer with a return multiple of 4.35x, was invested by Botong Jinshi.Zerowaste Asia Pte Ltd (ZA) was invested by Hongcheng RMB Fund, a subsidiary of GSR United Capital, in January 2017. It is committed to developing, producing and selling leading additives for heavy metal treatment. Its products have the characteristics of simple process, high efficiency, safety and environmental protection, and low cost. The company's valuation has grown from $58 million at the time of the investment to $142 million.Since February 2020, GSR United Capital has made more than 30 investments in the main fund. For example, it invested in Yuejing Technology (audio and video collaborative production tool) in February 2021, and the current multiple has reached 3.14 times. In September 2020, it invested in ZHICHUBAO.COM (procurement management SaaS platform), and the current multiple has reached 2.82 times. In April 2020, it invested in Starsee Intelligence (AI enabled military defense), and the current multiple has reached 2.81 times. Nahuo Technology Co., Ltd. received a subsequent round of investment from IDG, ZHICHUBAO.COM received a subsequent round of investment from Shunwei Capital, and Boqing Technology received a subsequent round of investment from KeyTone Ventures and Leaguer Capital."

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Investment focus

  • Manufacturing, Robotics, Artificial Intelligence
  • Series A, Seed, Series B
  • China, United States, Singapore

Portfolio highlights

  • AutoMQ — AutoMQ is a S3 based serverless reinvented Kafka that is easily scalable,cost-effective: shared storage,100% compatible with Kafka,no partition data copy, 10x cheaper than Kafka.
  • GravityXR — GravityXR is an XR chip developer and a terminal equipment manufacturer serving the XR (AR/VR/MR) field, providing chip platforms for virtual reality, augmented reality and mixed reality as well as supporting hardware solutions, including platforms A complete set of technical services including software and technology suites includingapplication interfaces, key component selection, product prototype development support, etc.
  • OneTar Biomedicine — OneTar Biomedicine is a biopharma company that develops organoid and oncology drugs.
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Joy Capital
VC Fund · Changyang, Beijing, China

JOY CAPITAL invests in startups of both early and growth stages and focuses on TMT and innovative consumption sectors. “Do Hard Things with JOY”. JOY CAPITAL keeps partnering with entrepreneurs for helping them make right decisions at key moments during a startup’s developments and sharing the hardship and joy with them while starting theirbusiness. Founding partners of JOY CAPITAL have invested in more than 80 startups and over 10 portfolios they’ve invested in are unicorns.

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Investment focus

  • E-Commerce, Food and Beverage, Software
  • Series B, Series A, Series C
  • China, United States, Canada

Portfolio highlights

  • Yuan Planet — Youdi is a second-hand auto parts trading platform.
  • Newlink — Newlink primarily operates as a digital energy service provider. It promotes energy change, the energy Internet of Things EIoT, and an energy new retail platform. It is a dual-material unicorn at home and abroad, one of the world's top 500 new energy companies, with more than 3,000 employees. Covering oil, electricity, hydrogen, and gasmultiple energy categories, opening up the upstream and downstream of the energy industry chain, and digitally reconstructing the energy ecology.
  • Luckin Coffee — Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country.Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bringa higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China.
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Loyal VC
VC Fund · Toronto, Ontario, Canada

Loyal runs a global venture fund with quarterly redemptions and a proprietary gate-stage process, reducing investment bias and unlocking greater returns. Partnered with INSEAD, Founder Institute, and 500+ advisors, we are Loyal to the world with 250+ investments in 50+ countries.

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Investment focus

  • Software, Artificial Intelligence, E-Commerce
  • Pre-Seed, Seed, Funding Round
  • United States, Canada, United Kingdom

Portfolio highlights

  • Peerby Classic — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.
  • Zobi — Zobi’s not just Artificial Intelligence, it’s Home Intelligence. Our smart, brand-agnostic solutions take a holistic view of homes - people, devices, networks, habits. They build an anonymous profile for each home, then use that intel to spot unusual behaviour and stop cybercriminals.
  • Finverity — Finverity provides technology, working capital and expertise to give banks, NBFIs, financiers and companies a strategic advantage in supply chain finance
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Zero2IPO Ventures
VC Fund · Beijing, Beijing, China

Zero2IPO Ventures is the venture investment arm under Zero2IPO Group targeted at high-potential, high-growth China enterprises. Leveraging Zero2IPO's vast network in China, Zero2IPO Ventures does not compete with other venture funds, but rather pursue a two-prong investment strategy, i.e. to co-invest with active venture capital firms ingrowth and late stage companies and to lead or co-lead in early stage startups in China. The industry focus includes Internet, mobile and wireless applications, digital media, healthcare, green-tech, consumable products and services, as well as other emerging sectors. We intend to leverage the extensive network that has been created by Zero2IPO Group, a leading venture capital and private equity market research and financial advisory company, to seek out potential investment opportunities and provide a strong value-add to our portfolio companies. Through its venture capital and private equity surveys, investment forums, training programs, and investment advisory services, Zero2IPO Group has developed a strong reputation in the China market for helping entrepreneurs connect with investors.

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Investment focus

  • E-Commerce, Internet, Education
  • Series A, Series B, Angel
  • China, India, Taiwan

Portfolio highlights

  • AlpsenTek — AlpsenTek is a company engaged in the research and development of machine vision sensors and algorithms.
  • HanchorBio — HanchorBio is a Biotechnology Research firm that is working to revolutionize the treatment of people with cancer.
  • Reistone Biopharma — Reistone Biopharma is a clinical stage biopharmaceutical company. It is focused on rapidly developing innovative medicines through global collaborations within Research and Development
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Lighthouse Capital Management
VC Fund · Shanghai, Shanghai, China

Lighthouse Capital Management is an early venture capital fund focusing on the Chinese and US markets. It has been focusing on angel/VC equity investment in excellent content and products and currently manages two RMB Fund and a dollar fund.The firm has invested in more than 40 growth projects in mainland China and overseas, focusing onhardware equipment and "Internet +" method empowerment and enterprise data services. It is managing billions of dollars in total assets, investing in the total market value of domestic and foreign companies over 100 Billion dollars.Lighthouse Capital was founded in 2011 and is based in Shanghai, China.

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Investment focus

  • Hardware, Software, Apps
  • Series A, Seed, Angel
  • China, United States, Czech Republic

Portfolio highlights

  • Skysys — Skysys is a company that focuses on data acquisition and analysis services for drones. It provides customers with complete solutions for automatic charging, automatic scheduling, automatic acquisition and automatic analysis. It is committed to becoming the leading enterprise in data collection and analysis of Chinese civil rotary aircraft. From thedata and services to gold mining, the development of mature rotorcraft drone automatic driving artificial intelligence.
  • Boshang — Boshang focuses on vertical industries, building low-cost and high-quality private LTE/5G private networks for enterprise customers, and providing slicing and in-depth customized services for different business needs.
  • Foxdeli — Foxdeli helps online stores stay connected with customers from purchase to unboxing through transactional emails and easy shipment tracking.
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Sea of Stars Capital
VC Fund · Huangpu, Shanghai, China

Chen Hai Capital, Sea Capital Corporation (S Capital) is a venture capital firm institution that focuses information technology and traditional industries to bring opportunities for industrial change. Founded in August 2015, it was co-founded by three well-known investors from Jinglin Assets, Huaying Capital and Innovation Works, Chen Chen, WangWeijun and Chen Yuetian.

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Investment focus

  • Media and Entertainment, Video, Internet
  • Series A, Series B, Angel
  • China

Portfolio highlights

  • Just Free — Just Free operates and manages the wholesale markets of agricultural products. With the improvement of people's living standards, the consumption of healthy and safe imported medium and high-end food will inevitably become the mainstream consumption trend in society. The resources of SF Express Group will be used to focus on globalhigh-quality food, and gradually realize the direct production of global origin and shorten the supply chain Allow users to enjoy truly pollution-free, safe and healthy, high-quality and high-quality global cuisine.
  • DHSP GROUP — DHSP GROUP sells clothes and provides street dance training service.
  • Castor Studio — Great domain names provide SEO, branding, and a memorable experience for your users. Get a premium domain today.
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Legend Star
VC Fund · Beijing, Beijing, China · 3 investments in the past 12 months

Legend Star helps entrepreneurs create great businesses through investments, CEO training sessions and an entrepreneurs alliance.Since 2008, Legend Star has incubated and invested in nearly 600 companies and is deeply integrated in the Chinese entrepreneurial ecosystem.Legend Star is the independent early-stage investment arm of LegendHoldings. Legend Holdings is the parent company of Lenovo, Raycom Real Estate, Joyvio Agribusiness and a large range of fast-growing Chinese companies.

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Investment focus

  • Health Care, Medical, Biotechnology
  • Series A, Seed, Angel
  • China, United States, France

Portfolio highlights

  • VelaVigo — VelaVigo is a start-up company engaged in macromolecular biopharmaceuticals.
  • Zhizai Wujie — Zhizai Wujie is a robotics company that specializes in research, development, and application of humanoid robots.
  • Direct Drive Technology — Direct Drive Technology provides direct drive solutions to replace the reduction gears in any machine. The company has a complete set of technologies for robot joints from sensors, drivers to motor bodies. Drive Tech uses a unique direct drive precise & powerful motion solution, thereby helping many other industries to boost different products.
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Fosun International
VC Fund · Shanghai, Shanghai, China

Fosun International Limited is a Hong Kong-based investment holding company engaged in financial, property, steel, and healthcare businesses. The Company has nine segments. Insurance operates and invests in insurance businesses. Investment is engaged in strategic investment, private equity investment, venture capital investment, and secondarymarket investment.Fosun International Limited was founded in 1992.

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Investment focus

  • Health Care, Manufacturing, Information Technology
  • Series A, Series B, Series C
  • China, United States, Israel

Portfolio highlights

  • Finloop — Xinglu Technology is a one-stop ToB digital wealth management platform. It offers financial institution clients a complete line of financial products as well as standardized financial technology solutions.
  • Maifu Precision — Maifu Precision is a company focusing on providing high-end automation solutions for the plastics industry, covering injection molding and assembly processes.
  • Xinglu Technology — Xinglu Technology is a one-stop ToB digital wealth management platform. It offers financial institution clients a complete line of financial products as well as standardized financial technology solutions.
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