Participated · Series C · Jul 2024

Huamei Haolian focuses on the financial and insurance sector, offering integrated health management services. It combines domestic and international medical resources with technology to provide four core solutions for financial and insurance institutions: customer acquisition, value-added services, risk control, and health-insurance product innovation. The company says it has delivered one-stop, full-life-cycle health management services to more than 20 million users. It has completed a Series C financing of nearly ¥100 million. The new funds will be used for product and service R&D, marketing, and to upgrade and build an AI-driven digital medical health service platform.

Participated · Series A · Jun 2024

Huari Index Cloud, also called ExponTech, focuses on using next‑generation system software technologies and distributed system architectures to rebuild enterprise data storage capabilities and IT infrastructure. The company has developed original technologies and is independently developing next‑generation software‑defined storage (SDS2.0) and other foundational software products aimed at the data and digital economy. Its product strategy centers on platform‑level storage and infrastructure software for data‑intensive enterprise use cases. The firm positions its offerings as core infrastructure for digital transformation and the data economy. Recently the company completed a Series A financing round of nearly RMB 100 million. Participating investors include Amiba Capital, Zhuoyuan Asia, and Mingshi Capital.

Led · Series A · May 2024

Shexu Technology develops industrial AI generative-design products, including its flagship platform 则形AI, which is built on a self-developed industrial-world model and natural-language large model wrappers to produce cloud-based 3D designs and 2D engineering drawings. The company has upgraded its 3D and 2D product lines into agent-based offerings (geometry AI 3D Agent and manufacturing AI 2D Agent) and is developing a physical AI capability that has reached POC verification. Founding details include a 2020 founding and a CEO/founder Wu Yongrong with a PhD in advanced manufacturing from Tongji University and prior roles at GM advanced manufacturing lab and NIO. Financially, Shexu reported H1 contract value growth of about 70% year-over-year and expects full-year contract value close to ¥200 million, with RAAS contributing roughly one-third of annual revenue. The company plans to internationalize in 2026 with an initial focus on Europe (a seed customer in Germany) and preparations for Japan, Korea and Southeast Asia.

Led · Series A · Feb 2022

Porotech develops a porous gallium nitride (PoroGaN) semiconductor material to enable high-performance micro-LED products. Its PoroGaN allows monochrome and full-colour displays to be produced on a single indium gallium nitride (InGaN) material system, addressing prior manufacturing complexity. The company says it has delivered the world’s first InGaN-based red micro-LEDs and displays and has set up production, shipping to some of the biggest global names in display technology. Founded in 2020 as a spin-out from the Cambridge Centre for Gallium Nitride at the University of Cambridge, Porotech focuses on energy-efficient wide-bandgap GaN semiconductors. It aims to commercialise its technology for XR glasses and new user-interface applications and plans to use new funding to accelerate global expansion and mass production. Porotech targets the $140B global display market and positions its products to provide the brightness, efficiency, and resolution required for high-quality image projection against bright backgrounds. Porotech has developed a new class of porous gallium nitride (GaN) semiconductor material intended to enable brighter, sharper and more vivid micro‑LED microdisplays. The porous GaN platform allows all three primary colours to be made from the same GaN material and integrated onto a single wafer. The company reports it can deliver porous GaN substrates and micro‑LED epiwafers on sapphire and silicon platforms across 100mm–300mm wafer sizes. Porotech says the material is scalable in wafer size and fits within existing industry processes. Founded in 2018 and spun out of Cambridge in January 2020, the company has been generating revenue for the past 10 months. The technology has attracted interest from major display players, with the article mentioning Samsung and Apple in that context. Porotech develops porous gallium nitride (GaN) semiconductor materials and has launched the first commercially available native red InGaN LED epiwafer for micro-LED applications. Its proprietary process extends the emission range of InGaN to produce high-efficiency, ultra-fine-pitch red pixels that outperform conventional AlInGaP and colour-converted red at very small pixels and pitches. The native red InGaN micro-LEDs operate at around 640 nm at 10 A/cm2 and are designed to meet brightness, efficiency and lifetime needs for near-to-eye displays such as augmented reality and head-mounted displays, as well as TVs, phones and wearables. Porotech’s product fits within existing industry standards and processes and the porous GaN architecture can be tailored across a range of applications. The company is a spin-out from the Cambridge Centre for Gallium Nitride at the University of Cambridge and is led by CEO and co-founder Dr Tongtong Zhu. Earlier this year Porotech completed a £1.5M seed financing to support development and commercialisation.

Led · Equity · Sep 2021

Coutloot operates a social commerce marketplace where buyers and sellers can bargain while shopping, with sellers listing unbranded local-market products across fashion, electronics, home decor, sports and other boxed categories. The company targets rising consumption from tier‑2 and tier‑3 India and aims to converge online and offline retail, serving a market segment that makes up roughly 75% of India’s retail sector. Coutloot says it grew 11x during the pandemic and has delivered a compound annual growth rate of 300% over the past three years, and is looking to hit a platform GMV of Rs 1,000 crore in 2022. The startup plans product and service expansions including working-capital solutions for retailers, video-stories commerce features, and scaling its B2B supply chain. It also intends to increase hiring across technology, marketing and leadership roles to support growth. Founded in 2016, the company describes its ambition as building a Taobao‑like conversational social commerce experience for India’s local languages and markets. CoutLoot began as a seller-focused fashion service in Mumbai and has evolved into a consumer-to-consumer (C2C) platform for labels and users to list and sell clothing. The company operates an app that has been downloaded over 500,000 times and now services 14 cities after expanding from a one-city presence. CoutLoot runs a 'Celebrity Closet' with exclusive listings from TV personalities including Karishma Tanna, Aditi Bhatia, Niti Taylor and Aarti Chabbria. Management says it will pursue aggressive geographic expansion and diversify into other categories within the C2C model. The company is also piloting offline 'pop up shop' stores to complement its online business. CoutLoot positions itself as a technology-driven re-commerce marketplace focused on a customer-centric experience.