Qiming Stars | Multiple Qiming Venture Partners Portfolio Companies Appear at 2025 Summer Davos Forum

Recently, the 16th Annual Meeting of the New Champions of the World Economic Forum (2025 Summer Davos) was held in Tianjin. As a dialogue platform hailed as a "barometer of the world economy," the Summer Davos gathers global leaders, innovators, and change-makers to address pressing economic challenges and explore new frontiers of sustainable and inclusive growth.

This year, over 1,700 guests from more than 90 countries and regions convened under the theme "New Era of Entrepreneurship," delving into how emerging technologies and entrepreneurial spirit can drive economic resilience, industrial transformation, and sustainable development.

Since its founding, Qiming Venture Partners has focused on investing in outstanding early- and growth-stage companies powered by technology-driven innovation. At this year's forum, portfolio companies including Infinigence AI and Hesai Technology (NASDAQ: HSAI) took the stage to share their industry insights and unique competitive advantages; Shengshu Technology was named to the 2025 Technology Pioneers list, marking recognition of its cutting-edge technical capabilities.

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Infinigence AI's Lixue Xia Joins Summer Davos Parallel Forum Sharing Industry Insights

At the parallel forum "Encounter Tianjin, See the Future" — a private enterprise salon — Lixue Xia, co-founder and CEO of Infinigence AI, was invited to share industry insights alongside prominent private entrepreneurs.

In his remarks, Xia noted that in the AI field, computing power serves as the "power grid" of the industry, with foundational importance comparable to water, electricity, roads, and bridges. As one of China's most representative emerging technology companies in AI computing infrastructure, Infinigence AI aims to leverage its strengths to contribute to Tianjin's vision of becoming a "full-stack AI" pioneer city.

Xia pointed out that Infinigence AI will build on its technical advantages to continue deepening its work in computing empowerment, driving the deep integration and widespread application of "AI+" across thousands of industries and millions of households, and providing higher-quality computing infrastructure services for global AI development.

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Hesai Technology's David Li Speaks with Bloomberg On LiDAR as an "Invisible Airbag"

David Li, CEO of Hesai Technology, sat down with Bloomberg on the sidelines of this year's forum. He explained that Hesai's LiDAR serves not only autonomous driving but now covers the full spectrum from L2 to L4 vehicles. He elaborated on LiDAR's role as an "invisible airbag" for intelligent vehicles — a system capable of braking the car before a collision occurs.

On pricing and necessity, Li emphasized that through technological innovation, Hesai has successfully reduced LiDAR costs by 99.5%, making it accessible to vehicles in the 100,000 RMB price range and injecting strong momentum into the普及 of intelligent driving. He also shared that real-world data from China's EV industry shows LiDAR can prevent up to 90% of fatal accidents.

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Shengshu Technology Named to 2025 Technology Pioneers List

The World Economic Forum previously announced its 2025 Technology Pioneers list. Shengshu Technology was selected for building generative AI infrastructure and focusing on developing native multimodal large models for images, 3D, and video. The newly selected Technology Pioneers reflect broad shifts in the innovation ecosystem, with many enterprises harnessing AI to achieve scale and specialization with fewer resources.

The Technology Pioneers community, launched in 2000, celebrates its 25th anniversary in 2025. This leading platform brings together world-leading startups at various stages of development — from early-stage Technology Pioneers to growth-stage Global Innovators and unicorns valued at over $1 billion. This year's selected Technology Pioneers will contribute cutting-edge insights to the World Economic Forum's initiatives during their two-year engagement period.

Past Coverage

Qiming Stars | Infinigence AI's Yu Wang: Exploring the Next Stop for Edge Intelligence Qiming Stars | Hesai Technology's David Li: Focus on Self-Developed High-Performance Products, Continuously Improve Operational Efficiency Qiming Stars | Going Head-to-Head with Sora: Shengshu Technology and Tsinghua University Launch China's First Fully Self-Developed Video Foundation Model Vidu

Founded in 2006, Qiming Venture Partners currently manages 11 USD funds and 7 RMB funds, with total assets under management reaching $9.5 billion. Since its inception, the firm has focused on investing in outstanding early- and growth-stage companies in Technology and Healthcare.

To date, Qiming Venture Partners has invested in over 580 high-growth innovative companies, of which more than 210 have listed on the New York Stock Exchange, NASDAQ, Hong Kong Exchanges and Clearing, Shanghai Stock Exchange, and Shenzhen Stock Exchange, or exited through M&A and other means. Over 80 portfolio companies have become recognized unicorns or super-unicorns.

Many Qiming Venture Partners portfolio companies have grown into the most influential players in their respective fields, including Xiaomi (01810.HK), Meituan (03690.HK), Bilibili (NASDAQ: BILI, 09626.HK), Zhihu (NYSE: ZH, 02390.HK), Roborock (688169.SH), UBTECH (09880.HK), WeRide (NASDAQ: WRD), Insta360 (688775.SH), Gan & Lee Pharmaceuticals (603087.SH), Tigermed (300347.SZ, 03347.HK), Zai Lab (NASDAQ: ZLAB, 09688.HK), CanSino Biologics (688185.SH, 06185.HK), Schrödinger (NASDAQ: SDGR), MicroPort EP MedTech (688617.SH), Sanyou Medical (688085.SH), Amoy Diagnostics (300685.SZ), Berry Genomics (000710.SZ), SinoCellTech (688520.SH), Yuanxin Technology, Insilico Medicine, MediLink Therapeutics, LaNova Medicines, Zhipu AI, StepFun, Biren Technology, and others.