INCE Capital — Full Portfolio

Bambusa Therapeutics develops bispecific antibodies for immunological and inflammatory (I&I) disorders, using antibody engineering to target multiple I&I indications.

BiotechHealthtechMedical DevicesAustin, US

Shanshan Xu(Founder & Chief Executive Officer)inHelmut Jeggle(Co-Founder)inThang Ho(Chief Development Officer)Crystal MacKay(Chief Operating Officer)in

Co-investorsRA CapitalBiotechnology Value FundJanus Henderson InvestorsREDMILESalvia

UXLINK is a Web3 social platform and infrastructure that connects users and projects through account abstraction and cross-chain functionality.

Crypto & Web3Developer ToolsSocialTokyo, JP

Co-investorsHashkey CapitalKuCoin LabsManifold Ventures

Allorion Therapeutics is a biotech company developing next-generation targeted small-molecule drugs for human diseases, using data-driven discovery platforms and partnerships with pharmaceutical companies for commercialization.

BiotechHealthtech

Fang Li(Founder)in

Co-investorsQiming Venture Partners

Avenzo Therapeutics is a clinical-stage biopharmaceutical company developing therapeutic treatments.

Biotech

Athena Countouriotis(Co-Founder, Chief Executive Officer)

Co-investorsDelos CapitalForesite CapitalLongwood FundNew Enterprise Associates (NEA)OrbiMedQuan Capital+3 more

Bitquery provides blockchain data analytics products, including cross-chain analytics, DEX trading insights, and DeFi protocol APIs for businesses building on blockchain infrastructure.

AI & Machine LearningCrypto & Web3Data & InfrastructureDeveloper Tools

Co-investorsBR CapitalDigital Finance GroupLBANK LabsMulana CapitalBinance LabsDHVC

Co-investorsQiming Venture Partners

Bubblemaps builds visual analytics tools that map token distributions and ownership on-chain, and provides on-chain investigation ("sleuthing") services.

AI & Machine LearningCrypto & Web3Data & Infrastructure

Co-investorsFlowdeskLBANK Labsv3ntures

ClassIn builds hybrid learning platforms that combine software and hardware for interactive online and in-person classes.

AI & Machine LearningEdTechSaaS

Sara Gu(Founder)in

Co-investorsCoatue Management

Cyber is an Ethereum Layer 2 network that brings social primitives onchain and pairs them with an AI suite for crypto intelligence.

AI & Machine LearningCrypto & Web3Data & InfrastructurePalo Alto, US

Zhimao Liu(Founder)

Co-investorsDraper DragonIOSG VenturesLattice CapitalMulticoin CapitalSpice CapitalHashed

Delonix Group operates multiple hotel and experiential consumption brands across Asia-Pacific, leveraging AI and digital technology to drive member growth and innovation in hospitality.

Consumer

郑南雁

Dyna develops general-purpose robots powered by foundation models that adapt across environments and learn new skills rapidly, with deployment across a fleet that continuously improves.

AI & Machine LearningDeep TechRobotics

Lindon Gao(Founder)inJason Ma(Founder)inYork Yang(Founder)in

Co-investorsBig Brain HoldingsCRV (Charles River Ventures)HCVCLG Technology VenturesSamsung NextSancus Ventures+4 more

AI-driven biotechnology company advancing next-generation biologics for autoimmune diseases, cancer, and other areas of unmet medical need.

Co-investorsInnoangel

Dubai, AE

Rita Huang(Founder)Jin Wuin

Co-investorsQiming Venture Partners

InfStones provides blockchain infrastructure and node management solutions for Web3 applications, enabling developers to build, scale, and maintain decentralized applications.

Cloud ComputingCrypto & Web3Data & Infrastructure

Dr. Zhenwu Shi(Founder)Zhenwu Shi(Founder)Sili Zhao(Global Director of Business)

Co-investorsNotable CapitalSoftBank GroupDragonflyMetastableQiming Venture PartnersSoftBank Vision Fund+4 more

Co-investorsHongtai Capital Holdings

Lovart is an AI design tool that helps create product pages and marketing assets for brands.

AI & Machine LearningSaaSSingapore, SG

Melvin Chen(Founder)inElena Leung(Founder)

Co-investorsGranite Asia

LunarCrush analyzes millions of social media posts in real time across networks like X, Reddit, YouTube, TikTok, Instagram, and news to produce sentiment and influence metrics for crypto assets, stocks, brands, and people.

AI & Machine LearningCrypto & Web3Data & InfrastructureFintechCosta Mesa, US

Joe Vezzani(Founder)in

Co-investorsDraper AssociatesLBANK LabsTechstarsTRGCWWVenturesBlockchain Founders Fund+4 more

Hakko builds AI companions designed for gaming and daily life, aiming to interact with users, form memories, and build ongoing relationships.

AI & Machine LearningConsumerGaming

A blog publishing tips, tutorials, news, and song recommendations related to the Musical.ly (musically) short-video app, aimed at fans and creators of the platform.

Media & EntertainmentSocialSanta Monica, US

Alex Zhu(Co-Founder & Co-CEO)Luyu Yang(Co-Founder)Alex Hofmann(President, musical.ly / CEO (per Crunchbase listing))

BoardJosh Elman(Board Observer)Hans Tung(Board Member)Jianping Gan(Board Member)

Co-investorsGoodwater CapitalGreylock PartnersQiming Venture Partners

MyShell is an AI platform for creating images, portraits, filters, and short videos, including a product called MyShell Art with a graphical interface aimed at casual users and digital creators.

AI & Machine LearningConsumerCreator Economy

Co-investorsBankless VenturesChronos VenturesD1 VenturesHyperithmInception Capital (ex OP Crypto)Maven 11+3 more

Pebble designs all-electric recreational vehicles that combine smart home technology, robotics, AI, and sustainable energy for on-the-road and off-grid living.

CleantechHardwareMobility & TransportationFremont, US

Bingrui Yang(Founder)

Michael LI(Founder)in

Co-investorsGranite AsiaPreAngel FundQiming Venture Partners

Next-generation autonomous driving system provider centered on 3D visual understanding with cost-effective stereo vision.

Co-investorsXiang He Capital

Ronovo Surgical develops the Carina surgical robotics platform, including a vision system and instruments, for use by surgeons and hospitals.

HealthtechMedical DevicesRoboticsShanghai, CN

John Ma(Founder)Ying Mao(Founder)

Co-investorsGranite AsiaVivo CapitalJJDCLilly Asia Ventures

Healthy snack brand using protein and dietary fiber to reformulate traditional snacks.

Maker of a consumer-grade embodied intelligence companion robot; its mass-produced Vbot Robot Dog won a Best of CES award at CES 2026.

INCE Capital is a venture capital firm that invests in early to expansion-stage companies in AI, technology, consumer, and biotech sectors.

AI & Machine LearningBiotech

An online pharmacy marketplace selling over-the-counter medications and health products to consumers in China.

ConsumerDigital HealthDirect to ConsumerE-commerceHealthtech

Co-investorsQiming Venture Partners

A Chinese healthcare technology company that operates an integrated ecosystem for patient care, including online consultation services, hospital management platforms, pharmaceutical services, and insurance solutions.

Digital HealthHealthtechInsurTech

Co-investorsB Capital GroupB4 CapitalQiming Venture Partners