Xiang He Capital

iQIYI is a video streaming service offering dramas, films, variety shows, and anime, with a large catalog of Chinese, Korean, and Thai content including localized and AI-dubbed versions for international audiences.

Media & Entertainment

Co-investorsHOHongShan Capital GroupSHShunwei Capital

DataGrand provides an AI agent platform that automates document workflows including classification, parsing, extraction, review, and report generation across banking, securities, and industrial sectors.

AI & Machine LearningEdTechEnterprise SoftwareFintechImpact & Social GoodSaaSShanghai, CN

Co-investorsMOMount Morning Capital

Wei LIU(Founder)in

Co-investorsGRGranite Asia

ByteDance builds a portfolio of digital platforms and services focused on short-form video, content creation, e-commerce, and workplace collaboration, serving creators and consumers globally.

Creator EconomyE-commerceMedia & EntertainmentBeijing, CN

Yiming Zhang(Founder)inRubo Liang(Founder; Chairman of the Board)inZYZhang Yiming(Founder)

Co-investors3C3Comma CapitalAGAglae VenturesBABase PartnersCOCoatue ManagementEVEvolution VC PartnersGAGaldana Ventures+16 more

DataStory is a big data and AI platform serving consumer brands in China with insights for marketing, product innovation, consumer research, and e-commerce optimization.

AI & Machine LearningData & InfrastructureEnterprise SoftwareMarketing TechGuangzhou, CN

徐亚波(Founder & Data Scientist)

Co-investorsCACathay Capital

Provider of enterprise-grade AI-native multi-agent solutions that deliver an "AI operations team" capable of autonomously driving business growth.

AI & Machine LearningEnterprise SoftwareSaaS

Galy Lee(Founder)

Co-investorsYFYF Capital

Dustess (尘锋) provides a SCRM and private-domain operations platform built on the WeChat Work (企业微信) ecosystem, including tools for customer service, online storefronts, and growth operations along with AI customer-service agents.

AI & Machine LearningMarketing TechSaaSBeijing, CN

Galaxea AI provides a platform for developing embodied AI systems, offering data collection, quality assurance, model post-training, and deployment tools for robotics developers.

AI & Machine LearningDeep TechDeveloper ToolsHardwareRoboticsBeijing, CN

Co-investorsBABaidu VenturesHIHillhouse CapitalIDIDG Capital

Provider of intelligent mobile robots and logistics automation solutions for manufacturing, including AMR, AGV, and composite robots.

Co-investorsSOSoftBank Vision Fund

Huolala is a logistics platform that integrates social transportation resources to provide same-city and cross-city freight services, household moving, less-than-truckload shipping, and ancillary services.

AI & Machine LearningB2B MarketplacesLogistics & Supply ChainMarketplacesMobility & TransportationShenzhen, CN

Co-investors0101vcSHShunwei CapitalHIHillhouse CapitalSESequoia Capital

Kuan Chen(Founder)in

Co-investorsQIQiming Venture PartnersINInnoangel

A Chinese robotics company that manufactures autonomous mobile robots (AMRs), including forklifting robots, outdoor mobile platforms, and robotic arms for industrial applications and logistics.

Advanced ManufacturingAI & Machine LearningHardwareIoTLogistics & Supply ChainRoboticsHangzhou, CN

Kuaikan Manhua is a Chinese digital comics (manhua/webtoon) platform offering serialized online comics across genres such as romance, fantasy, historical, and campus stories.

ConsumerCreator EconomyMedia & EntertainmentBeijing, CN

Co-investorsCOCoatue ManagementSESequoia CapitalTITiantu Capital

Lingxing provides an ERP system that integrates cross-border e-commerce operations with financial management, enabling sellers to track profitability, allocate costs by product, and automate financial reporting.

E-commerceFintechLogistics & Supply ChainRetail TechSaaSShenzhen, CN

Co-investorsBLBlue Lake CapitalEAEastern Bell CapitalHIHillhouse CapitalSHShunwei CapitalSOSource Code Capital

Mogulinker develops industrial artificial intelligence software and hardware that automates energy management in manufacturing facilities, enabling unattended operation, energy efficiency, and carbon reduction.

AI & Machine LearningDeep TechEnergyEnterprise SoftwareIoTGuangzhou, CN

Co-investorsGGGGV Capital

Data-driven intelligent HR SaaS product for enterprises, covering recruitment channels, talent pools and analytics.

Singapore, SG

OZOrion Zhao(Founder)in

Co-investorsGGGGV CapitalGSGSR VenturesHIHillhouse Capital

Moonshot AI develops large language models for knowledge work and reasoning tasks.

AI & Machine LearningBeijing, CN

Co-investorsCACathay InnovationK3K3 VenturesMOMonolith Venture Advisory LimitedSOSource Code Capital

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

Co-investorsININCE CapitalGSGSR Ventures

ROX Motor (ADAMAS) is a Chinese automotive brand that designs and sells all-terrain luxury SUVs with in-car smart technology.

ConsumerHardwareMobility & Transportation

Co-investorsQIQiming Venture Partners

Sand.ai develops video generation models and tools that enable content creation with minimal barriers and cost.

AI & Machine LearningCreator EconomyDeep TechMedia & Entertainment

Cao Yue(Founder)

Co-investorsSOSource Code Capital

SelectDB is a real-time analytics data warehouse engine built on Apache Doris, offering high-concurrency ingestion, sub-second queries, lakehouse analysis over open formats like Hive and Iceberg, and unified structured, log, full-text, and vector data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSunnyvale, US

Ambrose Niu(Founder)Guolei Yi(Founder)Linjiang Lian(Founder)Yongqiang Yang(Founder)

Yunquna provides integrated cross-border e-commerce logistics services, including warehousing, transshipment, dropshipping, and last-mile delivery.

E-commerceLogistics & Supply ChainSaaS

Co-investorsCOCoatue ManagementDCDCMSESequoia CapitalSOSource Code Capital

DataCanvas is an Asia-leading AI infrastructure and intelligent computing cloud provider that offers high-performance computing, intelligent cloud services, and professional model services for AI training and inference.

AI & Machine LearningCloud ComputingData & InfrastructureBeijing, CN

Ishumei provides real-time anti-fraud AI solutions for enterprises across gaming, livestreaming, social, retail, finance, and travel sectors.

AI & Machine LearningCybersecurityFintechSaaS

Co-investorsSHShunwei Capital

Stonewise builds an AI-powered small-molecule drug design platform using multimodal 3D molecular generation models for pharmaceutical research and development.

AI & Machine LearningBiotechDeep TechMedical DevicesBeijing, CN

周杰龙(Founder & CEO)

Co-investorsLILinear Capital

Synyi (Shanghai Synyi Intelligent Information Technology), founded in 2016, develops AI, large language models, and big-data technologies for healthcare, offering more than 20 AI medical solutions covering clinical diagnosis and quality control, hospital operations management, and clinical research.

AI & Machine LearningDigital HealthHealthtechShanghai, CN

Zhang Shaodian(Founder, Chairman & CEO)inMHMa Handong(Co-founder & Vice President)in

Co-investorsSESequoia CapitalZHZhenFund

Industrial and collaborative robotics company.

Co-investorsSHShenzhen Capital GroupTUTusStar

Sensors Data provides a data analytics and AI agent platform for enterprise digital operations, offering automated diagnosis, strategy generation, and execution for marketing and customer growth.

AI & Machine LearningData & InfrastructureMarketing TechBeijing, CN

wenfeng sang(Founder)桑文锋(Founder)

Co-investorsMOMorningside Venture Capital LimitedLILinear Capital

SensorsData provides a real-time customer data platform (CDP) that unifies multi-channel data into customer profiles and segments, with features like ID-mapping, zero-copy architecture, and OpenAPI.

Data & InfrastructureMarketing TechSaaSSingapore, SG

Co-investorsDCDCM Ventures

GuanData (观远数据) provides AI-powered business intelligence and data analytics platforms that help enterprises make faster decisions across operations, supply chain, and finance.

AI & Machine LearningData & InfrastructureEnterprise SoftwareShanghai, CN

Co-investorsCHChina Growth CapitalLILinear Capital

Asia-based technology company providing on-demand delivery services by connecting users with drivers.

Gary Hui(Founder)in

Co-investors0101vcAPAppWorks VenturesARArcherman CapitalGAGaldana VenturesHOHongShan Capital GroupRERedwood Ventures

YQN is a digital logistics platform that enables customers to compare rates, book shipments, and manage international logistics services including sea freight, air freight, rail, trucking, and customs clearance.

B2B MarketplacesLogistics & Supply Chain

Co-investorsCOCoatue ManagementDCDCM VenturesSOSource Code Capital

AQRose develops industrial AI platforms and vision systems for factory automation and manufacturing optimization.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareIoTRobotics

Co-investorsDCDCM VenturesINInnoangel