Hardware Startups

Qingdao Jiaen Semiconductor designs, develops, manufactures, and sells high-end power semiconductor devices, including IGBT, MOSFET/VDMOS, fast recovery diodes, and silicon carbide MOSFETs across 600V–1500V ranges. Based in China, it serves applications such as inverters, chargers, high-voltage switching power supplies, welding machines, and electromagnetic induction heating.

1 investor

Powermaster Marine develops, manufactures, and services high-power special-purpose marine propulsion systems, including full-circle (azimuth) thrusters in open, ducted, counter-rotating, and icebreaking configurations, as well as electric propulsion integration, valve remote-control systems, and marine simulation training systems. It serves port tugboats, ocean shipping, and marine engineering sectors, and operates in China as a government fund-backed high-tech enterprise.

1 investor

Shanghai General Healthy Information & Technology develops intelligent medical logistics and automation equipment, including automated pharmacy dispensing systems marketed under the CONSIS and SANTO brands, for hospitals. Its products are used by over 1,000 large and medium-sized hospitals across more than 30 provinces in China.

1 investor

Yasojima Proceed manufactures and sells high-performance resin components through machining services, as well as advanced materials for 3D printing and industrial applications. The company serves automotive, aerospace, medical, robotics, and semiconductor industries with material solutions and 3D technology services.

1 investor

A semiconductor company that designs and offers chips including microcontrollers, power management, signal conditioning, and sensors, along with IP and SoC chip customization services. Its products target automotive electronics, industrial control, motor applications, consumer electronics, medical health, and IoT markets.

1 investor

Chizhou Huayu Electronic Technology, founded in 2014, provides integrated circuit packaging and testing services, including IC packaging, wafer testing, and finished chip testing. Its packaging capabilities include multi-chip module (MCM), 3D stacked-die, QFN/DFN, and high-density fine-pitch IC packaging.

1 investor

Shanghai Watson Rally Automotive Technology, founded in 2022, develops and produces automotive brake systems, focusing on dry electro-mechanical brake-by-wire systems (EMB) and wheel-end hydraulic brake systems. It supplies brake technology for the automotive chassis market in China.

1 investor

Huachen Precision Equipment manufactures CNC precision grinding machines, including roll grinders, thread grinders, linear guide grinders, and ultra-precision curved-surface grinders, along with flexible intelligent manufacturing systems and production lines. The company serves industrial manufacturing customers and operates as a publicly listed precision equipment maker.

1 investor

A compound semiconductor epitaxial wafer research, development, and manufacturing center that provides customized epitaxial growth services. It serves China's chip industry.

1 investor

Horizon Robotics develops intelligent driving technology and assisted driving systems for automotive manufacturers globally. The company provides integrated software and hardware solutions serving over six million car owners across 27 automakers.

1 investor

Raise3D makes industrial FFF 3D printers, engineering materials, and software for additive manufacturing, offering end-to-end solutions for applications such as production line jigs and fixtures and complex non-standard parts. It serves manufacturers seeking in-house rapid prototyping and small-batch production as an alternative to outsourcing.

1 investor

Tianyihexin is a semiconductor company founded in 2014 that designs, develops, and sells high-performance sensor chips and analog chips, including optical and capacitive sensing chips with accompanying algorithms. Its products serve consumer electronics such as wearables, mobile communications, laptops/tablets, and industrial/medical applications, with expansion into new-energy vehicles and information communications.

1 investor

XPeng AEROHT develops flying cars, including the Land Aircraft Carrier, a modular flying car, and the A868, a tilt-rotor flying car, along with flying experience programs. It targets consumers interested in personal aerial mobility.

1 investor

Teemo Auto (尚元智行) develops self-driving skateboard chassis and low-to-medium speed autonomous driving solutions, integrating in-house drive-by-wire components such as steer-by-wire and brake-by-wire into modular, standardized chassis platforms. Its products serve applications including urban delivery, sanitation, shuttle transport, security patrol, smart agriculture, and defense, with deployments across more than 500 customers globally.

1 investor

PaXini develops tactile and multimodal sensing technology for embodied AI and robotics, offering products such as full-modal embodied intelligence datasets. The company serves robotics and AI research and commercial applications, with a presence in mainland China.

1 investor

Canny Elevator (康力电梯), founded in 1997, designs, develops, manufactures, sells, installs, and maintains elevators and escalators. Based in China with a domestic and international sales and service network, it supplies vertical transport for buildings, hotels, airports, and rail transit systems.

1 investor

Zylox-Tonbridge Medical is a Chinese medical device company developing clinical solutions and products, with a focus on neurovascular and peripheral vascular interventional treatments. It is publicly listed on the Hong Kong Stock Exchange (02190.HK).

1 investor

Jiangsu Leadmicro Nano Technology (stock code 688147.SH) designs and manufactures high-end micro- and nano-scale thin-film deposition equipment built around atomic layer deposition (ALD) technology, with CVD and other vacuum thin-film processes. Its equipment serves semiconductor front-end manufacturing and high-efficiency solar cell (photovoltaic) production for global customers.

1 investor

MicroSpace (Beijing MinoSpace Technology) develops, manufactures, and sells commercial satellites in the 10–500kg range, covering low-orbit broadband and IoT communication, optical and SAR remote-sensing, meteorological, navigation-augmentation, and scientific-experiment satellites, and provides integrated satellite-to-ground delivery services. Founded in 2017 and based in Beijing, it serves China's satellite internet and commercial aerospace sector.

1 investor

NanoCore Chip (NCC) is a semiconductor company developing compute-in-memory AI chips based on its 3D-CIM architecture, which performs computation within memory (DRAM/NAND) to reduce data movement and improve energy efficiency and compute density. Its chip solutions target AI phones, AI PCs, cloud computing centers, and AI robotics.

1 investor

Founded in January 2002, this company develops and manufactures electric motors, carpet cleaning machines, personal care appliances, and home health care appliances. Its products are primarily aimed at the European and American markets and carry UL, CE, CCC certifications while meeting EU ROHS and REACH requirements.

1 investor

S2C builds FPGA-based prototyping systems that let IC, ASIC, and SoC designers verify and validate chip designs and accelerate software development, hardware verification, and system validation. The company serves semiconductor engineers and design teams doing functional design verification and IP/RTL validation.

1 investor

Smoore is an atomization technology company that develops and manufactures vaping and electronic atomization devices. It positions itself as a supplier of atomization products and solutions, emphasizing its research and manufacturing capabilities.

1 investor

BMC Medical develops CPAP/respiratory ventilation devices designed to detect abnormal breathing events and treat conditions such as sleep apnea and snoring. Its products include an online remote data platform that links in-hospital treatment with home care management.

1 investor