Xiang He Capital
Venture capitalBeijing · Seed–Growth
Also known as EMPOWER HARVEST MANAGEMENT SERVICES, INC.
Investment thesis
Xiang He Capital seeks early opportunities in technological change and innovation, aiming to discover and support startups with strong innovation capabilities and high growth potential. Guided by a mission to help entrepreneurs and change the world, the firm concentrates on four key themes: artificial intelligence, advanced manufacturing, new energy and automotive, and enterprise services. Its portfolio spans logistics platforms, AI foundation models, medical AI, industrial machine vision, robotics, data infrastructure, and SaaS, reflecting a focus on frontier technology applied across industry sectors, primarily in the Chinese market.
Source: firm website, verified Aug 11, 2026.
What they invest in
from 18 of 87 portfolio companiesAI & Machine Learning ×12SaaS ×6Enterprise Software ×4Data & Infrastructure ×3E-commerce ×3Logistics & Supply Chain ×3Robotics ×3Advanced Manufacturing ×2
HQs:China×12
Investments · 87 tracked
founders shown can be your intro pathTechnology-driven logistics platform building a smart logistics ecosystem, covering trucking transactions, financial services, aftermarket, and autonomous driving.
Leading Chinese online entertainment service provider (NASDAQ: IQ), founded by Baidu.
Datagrand builds AI products for enterprises using large language models, knowledge graphs, and NLP, including an intelligent document processing platform, a knowledge management system, an AI agent platform, a digital-employee (DG Claw) platform, and a recommendation/marketing platform.
AI & Machine LearningEnterprise SoftwareSaaS
DataCanvas (九章云极) is an Asia-based provider of AI infrastructure and intelligent computing cloud services, offering high-performance computing, cloud, and model services for AI training and inference.
AI & Machine LearningCloud ComputingData & Infrastructure
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
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 (星海图) develops robots and a robotics development platform, including its R1 Pro, R1 Lite, and A1Z models and a VLA all-in-one machine, along with documentation and an open-source community for developers.
AI & Machine LearningHardwareRobotics
Huolala (货拉拉) operates an on-demand freight and moving platform that matches users with drivers of vans, box trucks, and flatbed vehicles for cargo transport, moving, errands, and long-distance logistics.
Logistics & Supply ChainMarketplacesMobility & TransportationShenzhen, CN
迦智科技 (Jiazhi Technology) develops intelligent mobile robots and autonomous forklifts (AGV/AMR) for internal logistics and material handling, offering single-machine, swarm, and whole-site intelligence solutions.
Advanced ManufacturingLogistics & Supply ChainRoboticsHangzhou, CN
Ishumei (数美科技) provides AI-based online business risk-control solutions, including its Tianjing full-stack content recognition engine for identifying risky text, image, audio, and video content, plus large-model safety, verification, and human-review products.
AI & Machine LearningCybersecuritySaaS
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
LingXing provides SaaS for cross-border e-commerce sellers, covering inventory and purchasing (with 1688 ordering and restocking suggestions), logistics tracking, financial and profit management, multi-dimensional BI reporting, and advertising campaign management across platforms like Amazon FBA.
E-commerceRetail TechSaaS
Mogulinker (广东蘑菇物联科技有限公司) is a Chinese industrial AI company that builds physical AI control technology and a vertical large language model (灵知AI) for factory energy efficiency and utility/auxiliary power scenarios.
AI & Machine LearningEnergyEnterprise SoftwareGuangzhou, CN
Data-driven intelligent HR SaaS product for enterprises, covering recruitment channels, talent pools and analytics.
Moonshot AI develops large language models for knowledge work and reasoning tasks.
AI & Machine LearningBeijing, CN
Okawa develops and manufactures mid-drive motor systems for e-bikes, with self-developed torque sensors and controllers.
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 Software
Stonewise develops MolVado, an AI-driven platform for small-molecule drug discovery that uses multimodal 3D molecular generation models to design candidate molecules based on protein pockets, reference fragments, or pharmacophores.
AI & Machine LearningBiotechDeep Tech
Yunquna (运去哪) provides international logistics and cross-border e-commerce supply chain services, including ocean, air, and rail freight, trucking, customs clearance, insurance, overseas warehousing, and last-mile fulfillment.
E-commerceLogistics & Supply ChainSaaS
DataCanvas, a leader in China's AI foundational software products and solutions.
Leading Chinese AI foundational software company providing AI infrastructure products and solutions for enterprise-scale AI.
Yunxi, a provider of enterprise digital transformation technology services and full-chain digital growth solutions.
Enterprise-grade digitalization technology provider offering full-link digital growth solutions and products.
AI-based new drug development company using deep learning, genomics and HPC for macromolecular drug R&D platforms.
AI-based new drug development company using deep learning and genomics for macromolecule drug discovery platforms.
Children's growth digital content platform fostering interest and skills in reading, expression and creativity.
Children's digital content growth platform fostering reading, expression, thinking, and creativity through staged content.
Specializes in advanced automotive braking systems including HIB one-box, EPB and disc brakes with full R&D-to-sales capability.
ByteDance, a Chinese tech company applying AI to mobile internet scenarios; products include Toutiao, Douyin and Xigua Video.
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 ZhangRubo LiangZhang Yiming(Founder)
Infervision, an AI medical company covering lung, cardiovascular, breast and joint diseases across the medical workflow.
AI medical company covering lung, cardiovascular, breast, and bone diseases, holding CE, PMDA, FDA, and NMPA approvals.
Ishumei, an online business risk-control solution provider offering intelligent business and content risk-control products.
Online business risk-control provider offering full-stack intelligent business and content risk management products.
Moonshot AI, a Chinese AGI startup that released the Moonshot large model and Kimi AI assistant.
StoneWise, an AI-driven new drug R&D company with an integrated platform for target pockets, molecule generation and virtual screening.
AI-driven drug discovery company with an integrated platform for target research, molecule generation, and virtual screening.
SandStone, a company providing big-data intelligent storage products and distributed storage for the 5G+AIoT era.
Provider of big-data intelligent storage products and solutions for the 5G + AIoT era based on distributed storage technology.
Synyi, an AI company providing digital-intelligence healthcare applications and medical big-data solutions.
Smart-vehicle innovation company enabling intelligent upgrades in new energy powertrains, cockpits and autonomous driving.
Exits · 3
IPOs and acquisitions across the tracked portfolioFulltruckallianceNYSE: YMM满帮集团 (Full Truck Alliance)NYSE: YMM爱奇艺 (iQiyi)NASDAQ: IQ
Frequently asked questions
- What stage does Xiang He Capital invest at?
- Xiang He Capital invests at the Seed, Series A, Series B, Growth stages.
- What sectors does Xiang He Capital focus on?
- Xiang He Capital focuses on Advanced Manufacturing, AI & Machine Learning, Biotech, Consumer, Data & Infrastructure, EdTech, Energy, Enterprise Software, Fintech, Healthtech, Logistics & Supply Chain, Media & Entertainment, Mobility & Transportation, New Materials, Retail Tech, Robotics, SaaS.
- Where is Xiang He Capital located?
- Xiang He Capital is headquartered in Beijing, CN.
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