Participated · Series B · Dec 2025

Zhongke Times builds general-purpose industrial intelligent computing terminals (“工智机”) that combine real-time control, motion control, machine vision, edge computing, HMI and robotic functions in a single device capable of micro-second-level deterministic performance. Its self-developed dual-kernel MetaOS guarantees hard real-time execution while remaining compatible with mainstream IT ecosystems, and the MetaFacture unified development environment offers an open, extensible toolset for developers. Together, these hardware and software assets form a horizontally applicable, self-controlled industrial automation platform aimed at supporting China’s manufacturing upgrade. The company claims global best-in-class multi-axis synchronous motion control stability and bandwidth. With fresh capital in hand, management will accelerate hardware iteration, broaden the MetaOS ecosystem, enhance MetaFacture’s capabilities and continue innovating and open-sourcing its real-time kernel. No revenue, customer or founding-year figures were disclosed, but the firm positions itself as a high-end supplier building deep technological moats in industrial automation.

Participated · Series C · May 2021

地上铁 is described as one of the global leaders in digitalized operations for new-energy logistics vehicles. The company combines supply-chain management and data-intelligent operations capabilities to optimize lifecycle efficiency and costs for electric logistics fleets. It is targeting China and Southeast Asian markets and is advancing a global electrification enablement strategy. As of June 2024, its new-energy logistics vehicle service scale exceeded 130,000 vehicles, signaling scalable replication of its service network. Leadership says the company will deepen strategic cooperation in Southeast Asia and continue improving service quality and operational efficiency to help customers reach logistics net-zero goals. The CFO emphasized that the completed financing will provide cash flow to support continued green development and global strategy execution. DST is a digital intelligent operation service provider for new energy logistics vehicles, founded in 2015 and based in Shenzhen. Its offerings span vehicle leasing and sales, charging, storage, maintenance, cascade utilization, a digital logistics platform, and an offline service network. The company reports roughly 100,000 logistics NEVs under management, serving more than 5,000 enterprise clients and over 400,000 drivers. DST is investing in real-time computational analytics and broader R&D to enhance its digitalized fleet-management capabilities. Planned uses of capital include expanding the scale of its NEV fleet in China, deepening R&D, increasing its offline service footprint, and offering comprehensive tailor-made service packages. DST also intends to explore international expansion with strategic and financial partners while maintaining a focus on sustainability and ESG, including a Cicero "Dark Green Rating" for revenue and CAPEX. DST operates an offline and online platform that provides EV rental services for trucks and vans plus a full set of aftermarket services including charging, fleet repair, maintenance and insurance. Its online digital platform allows clients and drivers to monitor vehicle and battery data and collect route information to enable EV life-cycle management and improve operational efficiency. The offline network covers operation branches, charging sites, maintenance stations and service partners across China. To date DST has serviced over 2,500 clients and manages a fleet of close to 40,000 EVs across 200 cities. Its network includes 8,000+ service stations, 150,000 charging piles and 400+ maintenance suppliers. The company was founded in 2015 by Haiying Zhang and is based in Shenzhen.

Participated · Equity · Mar 2018

XGimi Technology is a China-based home entertainment technology manufacturer that makes high-definition widescreen projectors. Its projectors can display television programming on walls up to 300 inches and can connect to mobile devices. The company raised more than RMB600m (about $95m) in its latest funding round. Investors in the round included Baidu, Matrix Partners China, Sichuan Culture Industry Equity Investment Fund, Sailing Capital, Bojiang Capital, Pan-Lin Asset Management, Luxin Venture Capital Group and Jirui Capital. Baidu returned in the round and became XGimi's largest external shareholder after having initially invested last year. The articles do not disclose other financial metrics such as revenue or user counts.

Led · Seed · Apr 2016

Naya Health is developing a water‑based hydraulic smart breast pump designed to be sleeker, quieter and more comfortable than existing mass‑market devices. Its pump uses hospital‑grade silicone cups structured to mimic a baby’s latch instead of hard plastic funnels. The device measures milk output and connects to a smartphone app to give moms data to optimize pumping schedules. The company is not yet selling the pump because it awaits U.S. Food and Drug Administration review and expects Class II medical‑device certification within a few months. Naya Health has opened customer registration and plans a “pump it forward” program to refurbish and donate returned hardware with new sterile attachments. The startup notes market demand and cites pediatric and WHO recommendations that support breastfeeding; the broader breast pump industry was projected at $1.2 billion in annual sales by 2020 per Grand View Research.