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The Venture Codex

Fosun RZ Capital

Rm2509, 25th Floor, Fosun International Center, No. 237 North Chaoyang Road, Chaoyang District, Beijing, 100020, China

Overview

Fosun RZ Capital was founded in 2013 and headquartered in Beijing. As an affiliate of Fosun Group, RZ Capital is an independent fund with strategic resources, quickly establishing global footprints. The company invests in all the stages of a company’s development from the early start- Up to IPO. The firm has over 100 portfolio companies in China, with about $1.2 billion in assets under management, with investments in India, Israel, China, Southeast Asia, and the United States. Focuses on investing in science and technology innovation, and connecting global momentum to global resources.

Total investments
24
Lead investments
10
Investments · 12mo
2
Active investors
1

Sector focus

  • Finance
  • Financial Services
  • Information Technology
  • Internet
  • Venture Capital
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Investment portfolio

  • Vbot

    Led · Series A · May 2026

    Vbot designs and manufactures consumer-facing companion robots and is concurrently developing humanoid robots and an Agentic OS for embodied intelligence. The company launched the Big Head BoBo smart dog in late 2025 and began deliveries on May 8, with the first 500 units shipped and plans to deliver over 1,500 units in May and exceed 2,500 units in June. Vbot plans to scale mass production and expand its sales network while investing R&D resources into full-size humanoid bodies and integrated manipulation-mobility models. Founded in late 2024, Vbot has a leadership team drawn from Horizon Robotics and Li Auto and a staff of over 100 covering product design, engineering, AI algorithms, and commercial operations. The company emphasizes iterative deployment in real environments to build data loops and accelerate the development of general-purpose service agents.

  • AIsphere

    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.

  • Aiper

    Participated · Series B · Jul 2024

    Aiper is an Atlanta-based maker of cordless robotic pool cleaners that sells primarily online and through retail channels. The company is a leading brand in online direct-to-consumer channels and is also available in over 7,000 stores across Europe and North America. Aiper holds patented technologies and works to expand its distribution and product reach. The company announced a strategic collaboration with Fluidra to accelerate innovation and grow the pool cleaning market. Plans tied to the partnership include broadening Aiper’s consumer base, achieving a full omnichannel presence, and supporting European distribution. The financing is positioned to help drive the company’s global expansion and strengthen its presence in professional channels. Aiper (元鼎智能) is a leading pool-robot brand focused on robotic pool-cleaning products. It recently completed more than $60 million in combined B and B+ financings. The company says the proceeds will be used to push yard electrification and intelligent-product布局 (庭院电动化和智能化). The B round was led by 招银国际 (CMBI) with Fosun RuiZheng and Fengqiao Capital participating and existing investor XVC increasing its stake. The B+ round was led by a global top new-energy company, with existing shareholders further increasing their holdings. Previously, in 2022 Aiper raised over $15 million in an A round from XVC and Sunwoda. Sunwoda is an A-share listed company; its Sunwoda Power unit focuses on lithium-battery R&D, production and sales and is preparing to list, and Li Auto and Xpeng are cited as shareholders. YuanDing Intelligent (元鼎智能) focuses on yard-intelligence scenarios and produces products such as wireless pool-cleaning robots (Aiper), lawn-mowing robots, industrial cleaning robots, and home energy storage devices. The company launched the wireless Aiper pool-robot brand in 2019 and emphasizes cordless operation and longer runtimes. Aiper devices use a self-developed battery pack management system and offer features like automatic path planning, configurable spot-cleaning zones, and scheduled cleanings. The company plans to further develop underwater intelligent path planning, underwater power systems, and underwater communications, and to introduce new products across multiple price points to cover simple to deep cleaning. YuanDing is also developing modular, removable, and universally compatible battery packs for upcoming yard energy-storage products to enable linkage across its product lines. The company recently completed a Series A to fund product R&D, brand building, and talent recruitment.

  • Menhai Microelectronics

    Participated · Series C · Apr 2024

    门海微电子 designs and sells MCU/SOC chips and system solutions focused on energy IoT for smart grid and photovoltaic markets. Its product lines include smart grid chips, photovoltaic safety-control chips, photovoltaic smart optimizer chips, WISUN small wireless chips, and a self-developed HPLC broadband powerline communication chip with noise suppression and adaptive sensing. The HPLC chip selects optimal communication strategies in real time to address unstable powerline communications and has been validated in State Grid, Southern Grid and overseas utility markets. The company’s dual-mode chip has passed validation and entered mass production; the solution emphasizes high integration, low power, ease of use and software extensibility. Proceeds from the recent C round at the "亿元级" scale will be used for photovoltaic product R&D, market expansion and working-capital supplementation. Founded in 2018 and based in Suzhou, the company has about 80 employees with roughly 70% in R&D; CEO Lin Xiongxin has nearly 20 years of semiconductor experience and previously led development of 30+ chips with cumulative shipments in the hundreds of millions.

  • Pusaida Sealing Adhesive

    Led · Series A · Dec 2023

    Huizhou PusaiDa New Materials (普赛达) develops and produces environmentally friendly adhesive solutions for the new energy sector, focusing on glue for battery packs and for individual battery cells. The company custom-develops adhesive products to meet client requirements and emphasizes reliable bonding solutions. It reports deep technical expertise in adhesive schemes, with R&D personnel accounting for more than 40% of the workforce. PusaiDa recently completed a financing round and intends to use proceeds to strengthen its R&D capabilities. The company will also use funds to supplement working capital.

Team