Participated · Series A · Jul 2026

Founded in December 2024 and based in Suzhou, JoyIn Technology launched the home companion robot M1 and markets its robotics under the Zeroth brand. The company previewed two upcoming products, the Jupiter full-size humanoid and the N1 home helper, while continuing sales of the M1 (over 30,000 orders to date). JoyIn reported revenue growth—revenue jumped seven-fold in the first half compared with a year earlier—and has completed multiple funding rounds totaling about CNY1 billion since founding. The latest CNY500 million round, led by Ant Group, is designated to support R&D of six core technologies, recruit talent, and fuel global expansion as the company scales embodied-AI products into consumer homes.

Participated · Series C · Mar 2026

AIsphere develops multimodal video large models and related products, including the consumer-facing PixVerse (for overseas markets) and PaiWo AI (for domestic users). The company launched its real-time world model PixVerse R1 in January 2026, which supports 1080p real-time generation and on-the-fly video edits via natural language, and released PixVerse Game in July 2026 to apply real-time video generation to interactive entertainment. AIsphere reports that PixVerse has accumulated over 150 million global users and its PixVerse V6 model ranks on international benchmarks for text-to-video and image-to-video. Commercial partnerships and pilots include collaborations with Mango Media and enterprise partners such as Alibaba, Giant Group, China Ruiyi, BlueFocus and 37 Interactive Entertainment across short drama, animation, variety, promotional assets, interactive games and multilingual content. Financially, the company has completed multiple financings since its 2023 founding, including a March 2026 $300M C round that valued the company at $1.0B, and most recently the ¥2.98B C+ tranche led by Alibaba to fund further R&D and global expansion.

Participated · Series A · May 2024

华翊量子 (Huayi Quantum) was incubated by Tsinghua University’s Quantum Information Center and is led by founder Prof. Duan Luming and a team of Tsinghua researchers. The company focuses on ion‑trap quantum computing using trapped Yb, Ba or Ca ions with narrow‑linewidth laser control to deliver long coherence times, high‑fidelity control, universal gates and scalable ion‑trapping systems. Its product line includes room‑temperature blade‑trap systems (supporting up to a 92‑qubit 1D chain at UHV <5e-12 Torr) and low‑temperature integrated traps (3–6 K) designed to scale toward large 2D ion crystals and an upcoming 110‑qubit low‑temperature universal ion quantum computer. 华翊量子 has released a 37‑qubit commercial prototype, HYQ‑A37, and reports world‑class performance while achieving a fully domestic supply chain for components and manufacturing. The company also holds proprietary single‑qubit addressing technology and emphasizes standardized, modular, automated system design. Recent financing will accelerate R&D of new ion‑trap machines, expansion into new business scenarios, and exploration of quantum algorithms across industries.

Participated · Series C · Feb 2024

Xinshijie Microelectronics designs and mass-produces SPAD-based single-photon dToF one-dimensional and three-dimensional depth-sensing chips and related sensing solutions. The company has a broad product matrix serving consumer devices (robot vacuums, drones, smartphones), AR/VR, smart home, industrial automation and automotive LiDAR use cases. Xinshijie claims industry-leading on-chip integration—combining SPAD pixel arrays, TDCs, DSP/algorithm modules and ultra-low system power—plus proprietary SiP optical packaging and calibration capabilities. Its commercial progress includes tens-of-millions-level chip shipments to top smartphone customers and the first Android deployment of a BSI 3D dToF chip; car-grade VCSEL transmitter drivers and solid-state LiDAR receiver chips are in product validation. The company operates R&D centers in Nanjing, Shanghai and Silicon Valley and holds a broad patent portfolio. Xinshijie recently closed a near-RMB100 million financing and plans to use proceeds for product R&D and market expansion.

Participated · Equity · Jan 2024

光梓信息科技（上海）有限公司 researches and develops high-speed optoelectronic integrated chips. Its business scope also includes computer software design and production, electronic product development, and integrated circuit and chip design. The company was founded in September 2015 and lists PATRICK YIN CHIANG as its legal representative. Recent industrial and commercial filings show new shareholders were added and the company's registered capital was increased. The registered capital rose from about ¥14.0764 million to about ¥14.4542 million according to the filings. New shareholders named in the change include 深圳深投控深港科创私募股权投资基金合伙企业 and 三七乐心（广州）产业投资合伙企业 (affiliated with 三七互娱). 光梓科技专注于高速光电集成芯片的设计和产业化，采用CMOS硅基工艺开发高速低功耗驱动与传感芯片。其产品线包括多结高功率激光器驱动芯片（PHX3D3018）、工业级25G‑DML驱动芯片（PHXD2801）以及与ADI联合的高分辨率iToF模组等，已在消费和工业级场景实现量产与出货。公司客户覆盖华为、中兴、光迅、海信、微软、意法半导体、魅族、三星电视及亚马逊等国内外知名企业。光梓科技与多家科研机构和企业建立联合实验室（复旦大学、国科院半导体所）并承担市级与国家专项，持续推进硅光与高速激光SOC等技术研发。公司成立于2015年，位于上海张江高科园区，长期将研发投入作为核心发展方向。当前公司已取得完全自主知识产权的CMOS硅基高速光电子芯片设计与制造技术，并计划将新增融资用于产品研发投入和公司运营。 Guangzi Technology (光梓信息科技（上海）有限公司) develops optoelectronic integrated circuit chips. The company focuses on high-speed, high-quality photonic/optoelectronic integrated chip products. Following its announced C-round strategic financing, Guangzi plans to increase investment in new product and new technology R&D. It intends to align its products with world-advanced levels in rate and quality. The company will also expand its R&D, manufacturing, operations, and sales teams and build out its R&D and operations centers. No revenue or user metrics were disclosed in the article. PhotonIC Technologies develops full-CMOS, high-speed, low-power analog optoelectronic integrated chips aimed at cloud computing and big data center optical communications. The company leverages proprietary chip design and manufacturing technology and collaborates with academic partners (Stanford, Fudan, Oregon State) and industry firms (Intel, Cisco, ZTE). It is described as one of China’s leading firms in the high-speed analog optoelectronic chip field. PhotonIC is venture-backed and has support from top-tier investors. Following the Series-B, the company plans to double headcount, transition from R&D into volume production, and focus on customer success. The articles emphasize its positioning to offer competitive performance, power, and price for data-center optical communications.