Sinovation Ventures
Venture capitalBeijing · Seed–Growth · 29 people tracked
Also known as Innovation Partners Llc.
Find your way into Sinovation Ventures
213 people in our graph share verified history with the Sinovation Ventures team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Sinovation Ventures focuses on backing entrepreneurs building world-class technology companies, with a particular emphasis on Chinese startups and broader global technology and innovation. The firm manages multiple USD- and RMB-denominated funds and supports its portfolio across the technology sector.
Source: firm website, verified Aug 3, 2026.
Team · 29 people
from the firm's website & curated & public directories
What they invest in
from 6 of 9 portfolio companiesAI & Machine Learning ×3Deep Tech ×2Enterprise Software ×2Healthtech ×2SaaS ×2Advanced Manufacturing ×1B2B Marketplaces ×1Biotech ×1
HQs:United States×5China×2France×1
Investments · 9 tracked
founders shown can be your intro pathBy year:2022 · 12020 · 12019 · 12017 · 14 dated
Insilico Medicine uses artificial intelligence to discover and develop new drugs, operating an AI-driven platform for pharmaceutical research and development.
AI & Machine LearningBiotechDigital HealthHealthtechHong Kong
Alex Zavoronkov(Director)Alex Zhavoronkov(Founder & CEO)inAlex Aliper(President)inFeng Ren(Chief Scientific Officer, Executive Director & Co-CEO)in
BoardNisa Leung(Director)Lennart Lee(Director)
Co-investorsLilly Asia VenturesOrbiMedQiming Venture PartnersWarburg PincusBaidu VenturesEight Roads Ventures+9 more
01.AI builds full-stack enterprise and sovereign AI solutions, including foundation models, industry agents, and decision-support applications for CEOs, executives, investment teams, and B2B/government sales organizations.
AI & Machine LearningDeep TechEnterprise SoftwareBeijing, CN
Guoyin Wang(Founder)in
BoardKai-Fu Lee(Founder)in
Co-investorsIndex VenturesKorea Investment PartnersLux CapitalNew Enterprise Associates (NEA)Quadrille CapitalRadical Ventures
Prophesee develops neuromorphic vision systems using event-based sensors and AI algorithms inspired by human vision, enabling applications in industrial automation, aerospace and defense, autonomous systems, and medical devices.
AI & Machine LearningDeep TechHardwareSemiconductorsParis, FR
Luca VerreinJean Ferré(Chief Executive Officer)in
Co-investorsiBionextRobert Bosch Venture CapitalEuropean Investment BankIntel CapitalSupernova Invest360 Capital+4 more
Robby provides software tools for home service companies to help technicians educate homeowners and close sales during service visits.
Enterprise SoftwareFuture of WorkSaaSBoston, US
Vineet Jammalamadaka(Founder)inFeroze Mohideen(Founder)inJoseph Schwarzmann(Founder)in
Co-investorsY CombinatorBenchstrength Partners
Robby Technologies develops autonomous robots designed to deliver food, groceries, and packages to customers' doorsteps.
Advanced ManufacturingRoboticsSan Francisco, US
Rui Li(Founder/CEO)inDheera Venkatraman(Founder/CTO)in
Co-investorsY Combinator
Beidenmedical is a medical device supplier and distributor serving healthcare dealers and partners in China, operating a digital supply and services platform for medical equipment distribution.
B2B MarketplacesE-commerceHealthtechMedical DevicesSaaSNanjing, CN
Co-investorsMarathon Venture PartnersPuhua Capital
Berkeley, US
Matthew Ramirez(Executive Officer, Director)inDonald McQuade(Executive Officer)
BoardFrank Yeary(Director)Jennifer Carolan(Director)in
Co-investorsKapor CapitalLearn CapitalReach Capital
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Portfolio news
latest coverage across their companies
01 · startuptalky.com · Jul 15, 2026
Prophesee · aeromorning.com · Jun 16, 2026
Robby · ycombinator.com · Feb 11, 2026
Fund performance · per public LP disclosures
as of Mar 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Sinovation Fund IV, L.P.LPs: Los Angeles County Employees Retirement Association | 2018 | — | 2.7% | 1.14x | 0.00x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Sinovation Ventures made?
- Sinovation Ventures has 9 tracked investments.
- What stage does Sinovation Ventures invest at?
- Sinovation Ventures invests at the Seed, Series A, Series B, Series C, Growth stages.
- What is Sinovation Ventures's typical check size?
- Sinovation Ventures typically writes checks of $1M – $110M.
- What sectors does Sinovation Ventures focus on?
- Sinovation Ventures focuses on AI & Machine Learning, Deep Tech, Sector Agnostic.
- Where is Sinovation Ventures located?
- Sinovation Ventures is headquartered in Beijing, CN.
- Does Sinovation Ventures lead rounds?
- Sinovation Ventures typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the teamSinovation Ventures' Kai-Fu Lee on Tech Innovation
Bloomberg Live · Kai-Fu Lee
The Future of Artificial Intelligence w/ Sinovation Ventures CEO Kai-Fu Lee | Technovation 616
Metis Strategy · Kai-Fu Lee
Here's how AI will change our world by 2041 | Kai-Fu Lee, Sinovation Ventures | AI FOR GOOD KEYNOTES
AI for Good · Kai-Fu Lee
Dr Kai-Fu Lee, Chairman and CEO of Sinovation Ventures | Interview | VivaTech
Viva Technology · Kai-Fu Lee
Dr Kai-Fu Lee, founder and CEO Sinovation Ventures
Asia House · Kai-Fu Lee
Images
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