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)inHJHelmut Jeggle(Co-Founder)inThang Ho(Chief Development Officer)inCMCrystal MacKay(Chief Operating Officer)in

Co-investorsRARA CapitalSASalviaBIBiotechnology Value FundJAJanus Henderson InvestorsREREDMILE

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-investorsHAHashkey CapitalHOHongShan Capital GroupKUKuCoin LabsMAManifoldMAManifold VenturesOKOKX Ventures+2 more

Allorion Therapeutics is a drug development company focused on advancing new therapeutics.

BiotechHealthtech

Fang Li(Founder)in

Co-investorsQIQiming Venture Partners

Atem operates the Carbon Cockpit, a free platform that scores and compares over 6,000 carbon credit projects on trust, value, and portfolio fit so companies can buy and retire credits without overpaying.

CleantechClimate TechSaaS

Christoph Lange

Co-investorsSISignature VenturesATAtlas CapitalFOForesight VenturesGSGSR VenturesMIMirana VenturesZOZonff Partners

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

BiotechSan Diego, US

ACAthena Countouriotis(Co-Founder, Chief Executive Officer)Mohammad Hirmand(Executive Officer)inPaolo Tombesi(Executive Officer)inScott Lipman(Executive Officer)inBSBrian Sun(Executive Officer)in

BoardCarl Gordon(Director)

Co-investorsDEDelos CapitalFOForesite CapitalLOLongwood FundNENew Enterprise Associates (NEA)OROrbiMedQUQuan Capital+6 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-investorsBRBR CapitalDIDigital Finance GroupLBLBANK LabsMUMulana CapitalTETenzor CapitalYBYBB Foundation+2 more

A keyboard application for iPhone that uses voice dictation, powered by OpenAI's ChatGPT, to enable faster text input through speech.

AI & Machine LearningConsumerHardwareSan Francisco, US

OAOmar Abdelaziz(CEO)inFHFarhan Hossain(Founder)inPKPeter Krogh(Founder)in

Co-investorsEVEval Ventures FundPIPioneerSHShorooq PartnersY Y CombinatorANAndreessen HorowitzBABatch Ventures+13 more

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

NVNicolas Vaiman(Founder)in

Co-investorsARArcanum VenturesFLFlowdeskFOFounderheads,LBLBANK LabsUNUnicorn Factory VenturesV3v3ntures

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-investorsCOCoatue 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)Wilson Wei(Founder)in

Co-investorsDRDraper DragonHAHashedIOIOSG VenturesLALattice CapitalMUMulticoin CapitalSKSky9 Capital+1 more

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.

ConsumerShenzhen, CN

郑郑南雁

Co-investorsBOBoehringer Ingelheim Venture FundIDIDG CapitalZHZhenFund

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

LGLindon Gao(Founder)inJMJason Ma(Founder)inYork Yang(Founder)in

Co-investorsALAlumni VenturesBIBig Brain HoldingsCRCRV (Charles River Ventures)FEFellowsHCHCVCLGLG Technology Ventures+10 more

Feiliu Tech operates a platform connecting clothing brands with garment factories, offering intelligent matching between orders and manufacturers, rapid-response and satellite factory setups, and inventory optimization through demand forecasting.

Advanced ManufacturingAI & Machine LearningB2B Marketplaces

Forum operates an exchange for trading attention-based assets, measuring engagement across search, social, and streaming to create indices that track cultural popularity and allow users to go long or short on attention signals for films, artists, games, brands, and topics.

B2B MarketplacesFintechSan Francisco, US

OBOwen Botkin(CEO)inJTJoseph Thomas(Founder)in

Co-investorsF7f7 VenturesNENeer Venture PartnersPIPioneerY Y CombinatorABAbstract VenturesBLBlast.Club+14 more

Dubai, AE

Rita Huang(Founder)Jin WuinRita Huang Zhen(Founder)

Co-investorsQIQiming 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

DZDr. Zhenwu Shi(Founder)SZSili Zhao(Global Director of Business)in

Co-investorsNONotable CapitalSOSoftBank Group1010T FundDRDragonflyMEMetastableQIQiming Venture Partners+6 more

Layla.ai is an AI-powered travel agent that builds personalized, day-by-day itineraries via a conversational chat, comparing flights, hotels, car rentals and activities in real time and letting users book through partners like Booking.com and Skyscanner.

AI & Machine LearningConsumerTravel & Hospitality

Co-investorsFIfirstminute capitalSPSpark Labs Saudi Arabia FundBABaidu CapitalM1M13

Layla is a mental health platform that matches Canadians with registered therapists based on their needs and preferences, drawing on a vetted community of over 500 clinicians.

Digital HealthMarketplacesMental Health

Co-investorsCACanadian Business Growth FundBABaidu CapitalFIfirstminute capitalM1M13

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

AI & Machine LearningSaaSSingapore, SG

MCMelvin Chen(Founder)inElena Leung(Founder)

Co-investorsGRGranite 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

JVJoe Vezzani(Founder)in

Co-investorsDRDraper AssociatesDRDraper Goren BlockchainLBLBANK LabsMAManutara VenturesTETechstarsTRTRGC+8 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

Luyu Yang(Founder)inAHAlex Hofmann(President, musical.ly / CEO (per Crunchbase listing))inAlex Zhu(Founder)

BoardJEJosh Elman(Board Observer)inHans Tung(Board Member)Jianping Gan(Board Member)

Co-investorsBLBling CapitalGOGoodwater CapitalGRGranite AsiaGRGreylock PartnersNONotable CapitalQIQiming Venture Partners+1 more

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-investorsBABankless VenturesCHChronos VenturesD1D1 VenturesHYHyperithmINInception CapitalMAMaven 11+5 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

BYBingrui Yang(Founder & CEO)in

PETKIT builds smart home devices for cat owners, including automatic feeders, water fountains, and self-cleaning litter boxes with AI cameras and app-based health tracking.

ConsumerHardwareIoT

Michael LI(Founder)inGuo Weike(Founder)Guo Weixue(Founder)

Co-investorsGRGranite AsiaPRPreAngel FundQIQiming Venture Partners

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

Co-investorsXIXiang He CapitalGSGSR Ventures

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

HealthtechMedical DevicesRoboticsShanghai, CN

JMJohn Ma(Founder)inYing Mao(Founder)in

Co-investorsGRGranite AsiaVIVivo CapitalJJJJDCLILilly Asia Ventures

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-investorsQIQiming 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 B Capital GroupB4B4 CapitalQIQiming Venture PartnersSESequoia Capital