Participated · Series A · Jul 2026

Ant International provides digital payments and broader financial technology services for enterprises, including merchant payment and account management offerings. The company plans to use new capital to accelerate global expansion and to boost innovation across its product areas. Its Series A raised about $1.2 billion with participation from parent Ant Group, Alibaba Group and international investment institutions. The fundraising positions the company to scale its enterprise financial services internationally. The announcement does not disclose specific revenue, user metrics, or a valuation.

Led · 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 A · Jun 2026

Xingneng Xuanguang is a fusion technology company formed with support from the University of Science and Technology of China (USTC) that develops high‑performance field‑reversed configuration (FRC) fusion prototypes. The team is led by founder Professor Sun Xuan, who has nearly 30 years of experience and led KMAX, China’s first FRC device, and the core staff includes USTC professors and PhD students who make up over 40% of the team. The company pursues a pulsed magnetic compression FRC approach emphasizing compact design, high specific pressure and relatively low system cost. It reported recent milestones including Xeonova‑1 achieving a plasma discharge in February 2025 and the FLAME anti‑magnetic‑mirror device reaching first plasma discharge in January 2026, marking its transition to physical experiments. Xingneng Xuanguang plans systematic upgrades to heating, diagnostics and plasma control to improve plasma temperature, density and confinement time. The company projects achieving megawatt‑scale fusion power and Q>1 by 2030 and constructing a 100 MW engineering reactor with grid connection by 2035.

Led · Series B · May 2026

Founded in 2021, Hypershell develops consumer-grade mechanical exoskeletons combining lightweight materials, patented architecture, and AI-driven motion algorithms. The company launched its first product via Kickstarter in 2023, raising $1.23 million, and has since shipped tens of thousands of units across more than 70 countries. Its product family includes the X series—featuring the single-motor-driven Omega architecture, the AI MotionEngine™ and HyperIntuition™ algorithms—achieving product weights around 1.8 kg, motor peak power up to 800W, and typical battery ranges of 15–17.5 km; the X Ultra is priced around 10,000 yuan. Hypershell’s X Carbon and X Ultra have won CES and IFA innovation awards, and the company has secured third-party certifications from SGS and TÜV Rheinland. The company maintains a team of nearly 200 people with over 70% in R&D and holds hundreds of core technologies and patents, supporting its mass-production and global sales footprint.

Participated · Equity · Feb 2026

Zelos Technology builds and operates self-driving delivery vehicles that handle last-mile logistics for retailers and e-commerce platforms. The company recently merged with Alibaba’s Cainiao autonomous driving unit, enabling it to operate two complementary brands under one corporate umbrella. Headquartered in Singapore, Zelos focuses on deploying low-speed, driverless vans and robots designed for urban package drop-offs. Management states the technology lowers delivery costs and improves fulfillment speed for partners such as Alibaba. Financially, the firm reached a $2 billion valuation after its latest raise and has cumulatively secured several hundred million dollars in capital. In October 2023 it closed a $100 million B4 round, bringing total Series B proceeds to $400 million, and it has historically attracted capital from Ant Group, Blue Lake Capital and CDH Investments. Zelos now intends to scale production, expand geographic coverage and deepen R&D in autonomous driving software and hardware.