Participated · Series C · Aug 2019

Terminus Group leverages artificial intelligence (AI) and the Internet of Things (IoT) to provide smart city solutions. The company’s core offerings are AIoT-based smart city solutions. Terminus completed a Series D financing of 2 billion yuan (about $276.4 million). The Series D was co-led by AL Capital, a single-family office backed by Australian luxury property developer Aqualand Group. The article does not disclose additional investors, operating metrics, or the intended use of proceeds. 特斯联 is positioned as a leading Chinese digital-economy and city AIoT pioneer that uses AI+IoT as its core technical architecture and operates the TacOS ubiquitous intelligent city operating system. The company emphasizes R&D scale and talent—it counts three IEEE Fellows, nearly 100 PhDs, senior R&D staff making up over 60% of personnel, and holds more than 1,600 technology patents. 特斯联 has participated in over 20 domestic and international industry standards, won 170+ awards, been listed in Gartner reports six consecutive times, and has deployed solutions in more than 100 cities with nearly 10,000 projects of experience. It has delivered large-scale deployments internationally, including work tied to Expo 2020 Dubai (providing 150+ intelligent service robots) and projects in countries along the Belt and Road such as the UAE, Bahrain, Uzbekistan, Kenya, Singapore and Malaysia. Recent financing from a municipal state-owned investor is intended to support further product and model R&D and wider global rollout. The company plans to deepen AI CITY applications worldwide, iterate TacOS and multimodal AIoT large models, and accelerate use of AIoT to help achieve "dual‑carbon" goals and intelligent upgrades in the energy sector. Terminus Technologies is an AI and Internet of Things (IoT) platform operator that provides smart city solutions, selling smart devices and edge computing servers. Its offerings include face-scanning locks for homes, smart access controls for office buildings, automated fire-control systems and energy-management technologies for communities. The company serves corporate clients such as Huawei and Intel, real estate developers including Poly and Greenland, and eight local governments including Beijing, Shanghai, Tianjin and Chongqing. Terminus said its revenue increased 200% each year on average since it was set up in November 2015, though it did not disclose detailed financials. The company announced it raised RMB 2 billion (USD 283 million) in a Series C1 equity round and said the new funds will be used to hire talents and to develop its core business. Terminus did not reveal its current valuation. Terminus is a Chinese Internet of Things (IoT) company. The company secured a RMB1.2 billion Series B financing (about $172.7 million). The round was led by China Everbright, IDG Capital and Shangtang Technology (SenseTime). The article does not disclose additional deal terms, use of proceeds, revenue, user metrics, or future plans. No prior rounds, founding year, or detailed headquarters information are mentioned in the article. Coverage is limited to the funding announcement and the named investors.

Participated · Series C · Nov 2015

Wepiao operates a mobile ticketing and marketing/distribution platform that serves films, shows, sports and other pan‑entertainment verticals. The company reports coverage of more than 4,500 cinemas and reaches 90% of moviegoers, and entered over 1,200 theaters, stadiums and exhibition pavilions within a year and a half. Wepiao participates across the film industry chain via IP development, investment & production, mobile marketing and Internet distribution, leveraging big data on entertainment consumers to inform content and production. In shows and sports it functions as a connector between industry and consumers, organizing mainstream Chinese music festivals, itinerant exhibitions and significant promotional projects. It has a partnership with Window on Sports on marketing and ticketing. Related funds under Weying include over RMB 3 billion raised by Weying Capital and a RMB 2 billion Weying‑Noah Cultural Industry Fund; Weying Capital plans to invest in films, shows & exhibitions, sports and make equity investments across the industry chain. Weiying Technology runs WePiao, a movie-ticket booking platform embedded in WeChat and accessible through QQ that lets users buy tickets using payment information stored in their accounts. The integration with Tencent properties simplifies purchases and leverages existing payments to aid monetization and user retention. According to CEO David Lim, the company sold 4 million tickets despite launching just eight months earlier. WeChat claims 500 million monthly active users, providing a large distribution channel for the app. The broader Chinese market is expanding rapidly: online ticket payments grew 42.9% and mobile-paid bookings jumped 109% in 2014 (Entgroup). The company has raised external capital, including a recent Series B, to support its growth.

Led · Equity · May 2015

LeSports operates a comprehensive sports content platform, holding media rights to more than 300 major sporting events worldwide (covering roughly 10,000 matches) with over 70% exclusivity. The company combines event operations, streaming and new-media distribution, smart devices (notably the Super Bike launched in 2015) and services such as O2O training, gaming, e-commerce and ticketing. It has secured high-profile partnerships and rights, including exclusive Chinese Super League rights (as of February 2016), a three-year strategic MLB partnership for Greater China, and English Premier League rights in Hong Kong through 2019. LeSports has expanded via investments and acquisitions (e.g., Zhangyu TV and SodaSoccer) and holds a LeSports Innovation Fund with $772 million AUM. The company says it will enhance the LeSports content platform, expand its user base, acquire more industry resources, and develop additional premium smart devices and products. Financially, LeSports has completed a large Series B financing that significantly increased the unit’s valuation and total invested capital. LeSports operates sports content, broadcast production and event operations, claiming rights across 17 sports categories and 121 competitions and delivering roughly 4,000 event broadcasts annually. The company touts multi-signal feeds and multiple commentary channels and can produce football, basketball, tennis, golf, marathon and other events. Its business lines include event operation (including the International Champions Cup and packaged professional leagues), smart hardware (the LeSports “super bicycle” and planned action cameras) and O2O/paid value‑added services such as a sports mall, training, games and lottery. LeSports also runs grassroots campus and community competitions and stages sports-video awards and creative events. Headquartered in Beijing and established one year earlier, the company completed its first external financing at scale in this transaction. The financing diluted prior holdings: after earlier equity adjustments LeTV’s stake had fallen below 15% while Leshi Holding held 55% control, and both were partially diluted by this round.