The Venture Codex

Participated · Series B · Nov 2025

TCab Tech is an eVTOL manufacturer focused on a tilt-rotor architecture it believes is optimal for Advanced Air Mobility. Its flagship aircraft, the five-seat E20, combines vertical take-off capability with a cruise speed of 320 km/h, a 200 km range, and a 450 kg payload. The model has logged more than 1,000 flight tests, including the world’s first multi-passenger eVTOL flight with the CEO onboard, and is now in compliance verification with a certification target of 2027. In July 2025 the company signed an MoU with Abu Dhabi–based Autocraft for up to 350 aircraft, the largest overseas order secured by a Chinese eVTOL firm. TCab Tech has built a global supply-chain network, partnering with Safran for certified electric motors and major Chinese aerospace suppliers for avionics, batteries and composites. The firm is simultaneously preparing for large-scale manufacturing while advancing airworthiness certification. After seven funding rounds, its cumulative capital raised exceeds RMB 1 billion (≈USD 143 million), providing resources to accelerate commercialization.

Participated · Series A · Jul 2025

Robotera builds full-stack humanoid robots combining AI "brain" systems, motion control, dexterous hands and humanoid hardware, and positions itself toward logistics and industrial deployments. The company reports beginning deliveries of several thousand units in Q2 2026 and claims deployments in over ten logistics centers across China with partners including SF Group and China Post. Robotera states it has achieved up to 85% of human efficiency in some logistics contexts operating 24/7 and cites a claimed 300% growth rate (no baseline published). Its investor and partner base spans logistics, automotive and consumer electronics players such as SF Group, Geely, Renault (cited as a partner), Alibaba, Samsung, Lenovo and Haier, which the company and articles present as potential channels for further deployments. Financially, the company has raised nearly ¥2.5 billion RMB (~$350M) in total capital following the recent financing, which the company says supports scaling production and broader commercial rollouts. The articles note competition from Western and Chinese robotics firms but highlight Robotera’s operational logistics focus and industrial partnerships as key differentiators.

Participated · Equity · Sep 2022

Qidi Technology (Shanghai) Co., Ltd. is a Shanghai-based startup that focuses on creating smart glasses. The company designs wearable smart-glasses intended to safeguard a trouble-free journey worldwide for users. Qidi was founded in December 2021. The company recently completed a financing event and plans to deploy capital to accelerate growth. Management says the funds will be used to expand operations and scale the business. No operating metrics were disclosed in the article.

Participated · Series C · Mar 2022

ELS Technology is a general-use procurement digital SaaS enterprise founded in October 2014 and based in Shenzhen. The company offers one-stop digital procurement products across industries, categories and modules and has accumulated millions of suppliers on its platform. It serves thousands of clients in the procurement industry, including many Fortune 500 companies, across 26 sub-sectors such as smart manufacturing, FMCG, automotive, and chemicals. ELS has built a sales and delivery ecosystem with channel interfaces to WeChat, DingTalk and Lark, and strategic cooperation with Tencent, Alibaba and Kingdee; it also partners with ERP vendors like Digital China. The firm says it empowers purchasers and suppliers via fintech and AI to form network effects and is positioned as a leading SRM player with potential to evolve into a next-generation ERP. Recently it raised more than ¥100 million, and plans for the funds include product development, service investment, improved procurement and supply-chain scenarios, more AI applications, and talent recruitment.

Led · Series A · Sep 2021

Octopus Network provides a multi-chain cryptonetwork designed to bootstrap and run Web3 application-specific blockchains (appchains). Led by founder Louis Liu and based in Tokyo, the platform targets developers building Substrate-based and other Web3 teams. The company plans to launch its mainnet in September and its first appchain, DeBio (a decentralized biomed network), in October. Octopus raised $5M in a Series A to accelerate growth and expand operations. The Octopus Foundation will directly fund 20 appchain projects each year, granting them up to $1M in total per year. Its Octopus Accelerator Program offers open and composable courses and seminars to Substrate developers and Web3 teams worldwide. Octopus Network builds base-layer infrastructure that lets projects publish independent blockchains (appchains) with flexible on-demand shared security, out-of-the-box cross-chain interoperability, and infrastructure services such as explorers, API endpoints, and indexers. The platform aims to reduce the capital expenditure for launching an appchain by two orders of magnitude, lowering costs from millions to tens of thousands of dollars. The team is focused on enabling a new wave of Web3 applications to develop in a cost-effective, scalable, and secure manner. The company is using its recent seed funding to build out the base-level infrastructure for Octopus Network and support appchains preparing to deploy. Financially, Octopus completed a $3 million seed round and previously received a $1 million strategic investment from the NEAR Foundation. The project communicates updates via Discord and Twitter and positions itself as complementary to NEAR Protocol.