Co-Win Ventures
Venture capitalSuzhou · Seed–Series B
Investment thesis
Co-Win Ventures takes its name from the 'Kaifeng' (warm southeast wind) of Chinese classical poetry, symbolizing its aim to nurture early-stage high-tech startups like warm winds nurture new seedlings. The firm leverages industry insight, resource integration, and value-added services to help portfolio companies grow quickly, positioning itself as a 'navigator' and 'protector' for companies. It aspires to be the preferred institutional investor for outstanding high-tech entrepreneurs, to cultivate internationally competitive high-tech enterprises, and to create sustained leading returns. Its stated values are integrity, professionalism, enterprise, and responsibility.
Source: firm website, verified Aug 2, 2026.
What they invest in
from 4 of 70 portfolio companiesBiotech ×2Deep Tech ×2Hardware ×2Advanced Manufacturing ×1Digital Health ×1Healthtech ×1Medical Devices ×1Semiconductors ×1
HQs:United States×1
Investments · 70 tracked
founders shown can be your intro pathConnect Biopharma develops next-generation therapeutics for inflammatory diseases.
Biotech
Co-investorsRA Capital
InnoLight designs and manufactures optical transceiver products for AI and data center networking, as well as solutions for fronthaul, midhaul, and backhaul telecom networks, including transceivers based on coherent detection technology.
Deep TechHardwareSemiconductors
Maxphotonics develops fiber laser systems for industrial manufacturing, used in laser cutting, welding, marking, cleaning, cladding, and additive manufacturing.
Advanced ManufacturingDeep TechHardware
A precision oncology company providing genomic testing and resources to support cancer care decisions, operating under Labcorp Oncology.
BiotechDigital HealthHealthtechMedical DevicesBaltimore, US
Co-investors3B Future Health FundCatalio Capital Management, LPNew Enterprise Associates (NEA)Windham Capital PartnersVensana Capital
Listed company (300554) specializing in R&D, production and sale of diamond cutting tools and cubic boron nitride tools.
Founded 2012; supplier of mass-production geometric optical waveguide display modules for AR near-eye displays.
Developer of visual inspection equipment and a leading maker of AOI and laser engraving equipment.
Advanced-technology company focused on AI for civil aviation.
Operator of an early platform for finding home renovation companies with quality-assured service.
Listed company (300183) providing integrated power-consumption information collection systems for the smart grid.
Building a cultivation decision-data platform offering sustainable smart-agriculture solutions for growers.
Silicon Valley-founded (2005) chip design company for broadband access and smart home communication solutions.
Provider of high-performance fiber lasers and device integration solutions.
Beijing Haier IC Design; a Haier Group high-tech enterprise focused on SoC and ASIC design.
Rail-transit informatization and safety-detection leader using image recognition and photoelectric detection; listed via reverse merger as Shenzhou High-Speed Rail (000008).
Nanjing Sanchao New Materials; makes diamond and cubic boron nitride tools for cutting, grinding and polishing hard, brittle materials such as silicon, sapphire and quartz.
Develops IP-based carrier-grade telecom application software.
Power-grid AI specialist providing end-to-end hardware-software AI solutions and vertical-industry AI support.
Nanjing Aolian Automotive Electronics & Electrical Appliances; founded June 2001 in Nanjing Jiangning Economic Development Zone, a Jiangsu high-tech enterprise.
Company focused on vibration control, vibration/noise testing analysis, virtual instruments and test control systems.
Diversified travel enterprise group founded in 2004, one of China's three major online travel companies.
Online and offline leisure travel services provider.
Medical software company delivering IT solutions for clinical research and drug safety management.
High-tech pharmaceutical R&D company focused on generics and new drug formulations, run by returnee scientists.
Listed automotive electronics component maker (300585) producing HVAC controllers, e-throttle assemblies, shifters and emission control systems.
Develops advanced electronic-grade semiconductor thin-film materials and functional thin-film solutions.
Provider of air purification materials and solutions, integrating R&D, product design, production and sales.
New drug R&D company developing innovative therapies for autoimmune and allergic diseases.
Pharma technology company founded in 2010 focused on precision oncology medicine.
3D Medicines (Sidi); a pharmaceutical/biotech company focused on precision oncology medicine.
Chengdu Leadshine/Lecron Automation; develops, produces and sells motion control products including stepper and servo systems.
Internet healthcare company providing post-hospital chronic disease management services.
Innolight; develops, manufactures and supports high-end 10G/25G/40G/100G/200G/400G optical communication transceiver modules, focused on high-speed, miniaturized, low-power, low-cost designs.
Online learning platform founded in 2001 providing internet-based education products and services.
Synthetic biology company with a platform spanning oligonucleotide, DNA fragment and genome synthesis.
Smart chip R&D and design company (acquired by listed Eastsoft Carrier in 2015); chips used in consumer electronics, industrial control, appliances and automotive electronics.
National high-tech company producing fiber lasers and laser optical core components.
AI-based asset management solutions and industrial vehicle IoT platform serving 700+ leading customers across 20+ industries.
Online-to-offline electrical services brand covering full-lifecycle service for electrical equipment.
Develops AOI machine-vision inspection equipment and laser engraving equipment.
Provider of low/medium-load photoelectric detection products, stabilized optoelectronic platforms and system integration.
Original children's clothing brand designed for Chinese girls.
Manufacturer of solid-state lasers and laser modules for OEM instrument applications.
Photo-and-text creation and sharing app, main product of Nanjing Lanjingren Network Technology (founded 2015).
Producer of waterborne resins and curing agents for industrial coatings and inks.
Precision oncology company using next-generation sequencing and bioinformatics for non-invasive tumor diagnostics.
Subei Flowers; listed on the National Equities Exchange (NEEQ) in August 2014, stock code 830966.
Founded March 2011; became a subsidiary in a group later renamed Shenzhou High-Speed Rail Technology Co. (stock code 000008).
Founded by Tsinghua University and CAS microelectronics specialists; focuses on new MEMS chips and modules.
One of China's earliest MEMS R&D companies; its MEMS silicon microphones are internationally leading.
One of China's earliest MEMS R&D companies, founded in 2007.
III-V semiconductor laser chip R&D, design, wafer fabrication and packaging/testing for high-speed optical communication and consumer electronics.
Original DIY eco-friendly handcraft toy brand.
Healthcare provider combining general/specialist and online/offline care across clinics and enterprise services.
Jiangsu-based pharmaceutical company founded in 2007 with a full respiratory-system product pipeline.
Founded 2013; develops and manufactures 2.5G/10G/25G/50G and higher-speed semiconductor laser chips.
Qingdao Eastsoft Carrier Technology; completed shareholding reform in 2010 and listed on the Shenzhen Stock Exchange ChiNext board in February 2011.
One-stop home renovation e-commerce platform.
Exits · 2
IPOs and acquisitions across the tracked portfolioConnect BiopharmaNASDAQ: CNTB海尔ICacq. by Eastsoft Carrier
Portfolio news
latest coverage across their companies
Connect Biopharma · stocktitan.net · Aug 12, 2026
Personal Genome Diagnostics · chiefhealthcareexecutive.com · Nov 24, 2025
Frequently asked questions
- How many investments has Co-Win Ventures made?
- Co-Win Ventures has 70 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does Co-Win Ventures invest at?
- Co-Win Ventures invests at the Seed, Series A, Series B stages.
- What sectors does Co-Win Ventures focus on?
- Co-Win Ventures focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Consumer, Data & Infrastructure, Deep Tech, Energy, Enterprise Software, Hardware, Healthtech, Media & Entertainment, Medical Devices, New Materials, Retail Tech, SaaS, Semiconductors.
- Where is Co-Win Ventures located?
- Co-Win Ventures is headquartered in Suzhou, CN.
- Does Co-Win Ventures lead rounds?
- Yes, Co-Win Ventures leads investment rounds.
- Who does Co-Win Ventures co-invest with?
- Co-Win Ventures most often shares deals with RA Capital, 3B Future Health Fund, 3E Bioventures Capital, among 6 tracked co-investors.
Similar investors
The Alibaba Entrepreneurs Fund is a not-for-profit initiative of Alibaba Group that provides investment capital and strategic guidance to entrepreneurs and young people, focusing on Hong Kong and Taiwan-nexus startups.
Everywhere Ventures is an early-stage venture firm, backed by a community of founders and operators as LPs, that writes early checks (including pre-seed) into startups across many sectors and geographies.
VenturEast is one of India's longest-standing venture capital fund managers, investing since 1997 and managing over $325 million across more than 100 investments in technology, healthcare, and clean environment.
Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.
Industrial Technology Investment Corporation is the venture capital arm of Taiwan's Industrial Technology Research Institute (ITRI), backing startups across multiple stages and sectors while providing access to ITRI's R&D resources.