Gaorong Ventures
高榕创投
Gaorong Ventures is a Chinese venture capital firm spun off from IDG Capital, founded by partners Zhen Zhang, Xiang Gao, and Bin Yue . It has built a track record of early-stage bets on companies that became sector leaders, including Pinduoduo—which it led from Series A through Series D before its 2018 Nasdaq IPO —as well as Moonshot AI, LiblibAI, Flexiv, and AllinkBio .
The firm runs both dollar and RMB funds. As of late 2020, its total AUM reached roughly RMB 28 billion (about $4.2 billion), after closing an $1.15 billion fifth dollar fund that year . It invests across new consumption, deep tech, enterprise services, and healthcare, with investment teams based in Beijing, Shanghai, Guangzhou, Shenzhen, and Hangzhou . Its partner bench includes healthcare specialist Herbert Yang and consumer investor Rui Han, among others .
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Coverage
From Huawei Autonomous Driving to General-Purpose Robotics: Huang Qingqiu Wants to Rebuild a System for the Physical World | BlueRun Ventures Family Headlines
From Single-Demo to General-Purpose Robot: The Critical Leap
A quick announcement: elsewhere now has a website.
Currently in beta — welcome to try it out.
ZhenFund angel project "YuanCe Future" (源策未来) has raised hundreds of millions of RMB in its Series A funding round, aiming to build the OpenAI of the humanoid robot era.
A University of Hong Kong professor has founded a startup to build a general-purpose, full-body embodied intelligence brain.
Heart Capital Makes Consecutive Investment in Kunlun Robotics, Accelerating Commercialization of Embodied Intelligence | HeartStar PORTFOLIO
Leading the embodied intelligence industry to achieve scaled, commercial breakthroughs.
Liblib, what's your dream?
Here's to hoping we can keep winning.
Yunqi Capital Joins Taiyi Liangsheng's 300 Million Yuan Pre-A Round, Neutral-Atom Quantum Computing Enters Acceleration Phase | Yunqi Partners
Accelerating into the Fast Lane of Neutral-Atom Quantum Computing
"Xinzhou Technology" Closes $50 Million Series A Led by Meituan | Linear Portfolio
An agent's capabilities ultimately come down to the underlying model training.
"Aviation Huitian" Secures Nearly $200 Million in New Equity Financing, Becoming Asia's Most-Funded Company in Manned Low-Altitude Flight | Xinxing PORTFOLIO
The company has raised approximately $1 billion in total equity financing throughout its history.
BlueRun Ventures Angel Portfolio Company Zhijian Dynamics Closes RMB 2 Billion Financing Round, Accelerating the Path to Embodied Intelligence | BlueRun Family
Cracking the Complex Challenges in Embodied AI
A Conversation with Huaiting Zhang of Yuaiweiwu: The Veteran Founder Who Doesn't Take Detours | BlueRun Ventures Family Spotlight
"Founders never truly fail."
To AI Founders: In 2025, Go to These VCs for Funding | A Year-in-Review of the Primary Market with "An Yong" and Jing Liu
BlueRun Ventures Leads AllinkBio's $42 Million Series A Round | BlueRun Ventures
Accelerating Global Development of Bispecific Antibodies and ADC Products
The Next Generation of Productivity Tools Is Here: How Should Entrepreneurs Embrace the AIGC Wave? | Ronghui Dialogue
"Every entrepreneur, developer, and creator should be paying attention to advances in AIGC."
Energy storage batteries, chips, and other frontier sectors land funding; smart manufacturing leads the charge overseas | Rongbao · September
September milestone.
Soaring Across the Global Talent Pool: Ubiquitous Talent and Opportunity Through the Eyes of Global Entrepreneurs | Ronghui
Organizational development at global companies must always stay tightly aligned with the business.
From Big Pharma to Biotech: Four Industry Leaders on How Innovative Drugs Can Balance Speed and Quality | Ronghui
Speed matters, but getting it right matters more.
GalaxySpace Closes New Funding Round, Accelerating China's Satellite Internet Buildout
China's first unicorn in the commercial space and satellite internet sectors.
Robotics, SaaS, and innovative drug sectors close new funding rounds; chips and medical devices unveil major new products | Rongbao · August
Differentiated innovation and global opportunities.
Antibody discovery CRO **Baiying Biotech** closes nearly RMB 500 million Series B round
Specializing in antibody discovery CRO services to accelerate antibody drug development.
Global E-commerce SaaS Platform Dianxiaomi Raises $110 Million in Series D to Accelerate International Expansion
The platform has served more than 1.5 million users worldwide and processes over RMB 350 billion in annual order transaction volume.
XR chip developer GravityXR has raised tens of millions of RMB across angel and Pre-A rounds within six months
Focused on tackling XR-dedicated smart chips.
CoreVision Biopharma Closes Nearly RMB 100 Million Angel Round, Pioneering Visualized Theranostic Targeted Radiopharmaceuticals
Dedicated to becoming a trailblazer in China's TRT space.
Global logistics robotics leader Geekplus closes $100 million Series E1 funding round
In the first half of 2022, order value doubled as the company accelerated global expansion and drove R&D innovation.
Multiple Innovative Companies Gain Global Recognition, Breakthroughs Achieved in Computational Biology, LiDAR, and Other Fields | Rongbao · July
Major events in July.
CDMO firm ZhiXiang Biologics raises over 500 million yuan in Series C funding to accelerate biopharma R&D for global clients
A one-stop CDMO platform for biologics R&D and manufacturing.
Leading VCSEL company Vertilite secures strategic investment from Hesai and RoboSense
Accelerating VCSEL chips' transition from consumer-grade to automotive-grade standards.
BOSS Zhipin CEO Richard Zhao on Organizational Design: Rules Should Be Simple, Structure Should Be Flat, Titles Should Be Real | Ronghui Practical Sharing
The growth of an organization is a miraculous journey of life.
Vitaeon Therapeutics Completes $200 Million Series B Round to Develop Transformative Therapies for Aging-Related Degenerative Diseases
Transforming the treatment paradigm for age-related degenerative diseases, improving quality of life for millions of patients and families worldwide.
Peng Kaiping: Entrepreneurship Is a Long-Distance Race — Physical and Mental Strength Early On, Resilience for the Long Haul | Ronghui Practical Insights
Behind every successful entrepreneur who takes their craft to the highest level lies a shared trait: psychological resilience.
Robots, AI, and Simulation Technologies Accelerate Industrial Adoption | Rongbao · June
Technology drives industrial transformation.
How AI and High-Performance Computing Give Medical Innovation "Superpowers" | Ronghui X NVIDIA Inception Program
Transforming healthcare, revolutionizing people's lives.
Helixon Closes Nearly RMB 500 Million Series A Round, AI-Powered Large-Molecule Drug Discovery
We've developed a suite of groundbreaking algorithms for protein drug design and modeling.
Style3D Completes Nearly $100 Million Pre-B+ Round to Build Digital Fashion Infrastructure
Building out new digital infrastructure and accelerating overseas expansion.
XYZ Robotics Closes Nearly $40 Million Series B+ Round to Build Next-Generation Vision-Guided Robotics Solutions
Intelligent, flexible, and agile.
A Conversation with Lark, Genki Forest, and ToDesk: Organizations, Like People, Need Their Own Creed
An organization needs a creed to attract mission-driven employees.
Back in the Office: Rethinking What Makes a Great Organization | Ronghui Practical Insights
Stay stretched out, avoid rigidity.
ProfoundBio Closes $70 Million Series A+ Round to Advance Novel Antibody-Drug Conjugate Clinical Development
Accelerate preclinical development across multiple pipelines while further deepening and expanding the ADC innovative technology platform.
Chips, Energy Storage, and LiDAR Accelerate Commercialization; Robotics and SaaS Expand Globally | Rongbao · May
Sailing through the waves, striving upstream.
China Energy Storage (Zhongchu Guoneng) Completes 320 Million Yuan Pre-A+ Round to Accelerate New Energy Storage Technology Layout
A pioneer and leader in China's compressed air energy storage sector.
Corporate Globalization Enters the 3.0 Era, Advance Intelligence Group: Localization Is the Foundation of Globalization
Build a global company from Day 1.
When Going Global Enters the "Born Global" Era: 10 Trends Worth Watching | Ronghui Practical Insights
How to "Ride the Momentum" on the Path to Global Growth?
Quantum Computing, 3D Sensor Chip Companies Secure New Funding; New Brands, Robotics, and Healthcare Firms Advance Globally | Rongbao · April
Summer begins, and all things grow.
Huayi Quantum Raises Over 100 Million Yuan in Angel Round, Focused on Ion-Trap Quantum Computing
Gaorong Ventures led the round.
Huashun Xin'an Closes Hundreds of Millions of RMB in Series C Funding to Build Cyberspace Security Ecosystem
Build a world-class cyberspace mapping engine, and construct the foundational infrastructure for cyberspace security ecosystems.
Zensor completed its angel round of funding, developing China's first full-process 3D content generation software, ZENO
Gaorong Ventures led the round.
Adaps Photonics Closes Hundreds of Millions of RMB in Series C Funding, Global Leader in 3D Sensor Chip Technology
Deeply embedding itself in high-growth application markets such as smartphone 3D sensing, automotive LiDAR, and AR devices — building the "perceptive eyes" of the digital world.
Multiple cutting-edge technologies lead globally — 3D interaction, LiDAR, chips, and medical innovation continue apace | Rongbao · March
Keep learning and evolving through the long cycle of sustained innovation.
Gong Yuzhen: To Escape Strategic Drift and Competitive Paralysis in the VUCA Era, Read *The Art of War* | Ronghui Practical Insights
From *The Art of War*: Perspectives on Corporate Management, Competition, and Winning.
Steering Through Headwinds, Taking Initiative: How Founders Can Navigate Macroeconomic and Capital Market Trends | Ronghui Practical Insights
Ronghui Macro Strategy Quarterly Series — Event No. 1
US E-Bike Brand Aventon Closes Tens of Millions of Dollars in Series A Funding, Led Exclusively by Gaorong Ventures
Redefining new-energy short-distance mobility products, setting a new trend for outdoor lifestyles.
XVERSE Raises $120 Million to Build Next-Generation One-Stop Platform for 3D Content Production and Consumption
Everyone is free to "define your world."
Nothing, the global emerging tech consumer brand, has raised $70 million in Series B funding to create a seamless digital future
Build iconic, effortlessly intuitive products for seamless connectivity.
Global SaaS, New Brands, and Biopharma Companies Close New Funding Rounds | Rongbao · February
The vitality of spring.
Viva Biotech Completes Nearly RMB 300 Million Series B Funding Round to Accelerate Industrialization of 3D Cell "Smart Manufacturing"
Gaorong Ventures co-led the round.
Aozhe Closes Hundreds-of-Millions-of-Yuan Series C Round, Making Digital Transformation Accessible Through Low-Code
Grew rapidly for three consecutive years and kicked off full commercialization.
Global E-commerce SaaS Platform Dianxiaomi Closes $100 Million Series C, Now Serving Over 1.2 Million Merchants Worldwide
Helping global e-commerce sellers boost efficiency and core competitiveness.
Cloud-native intelligent industrial design SaaS provider Shexu Technology closes Series A funding
Establish an intelligent design technology system for industrial machinery design scenarios.
Understanding the Metaverse Through the Lens of AGI: A Spiritual Home for Human-Machine Symbiosis and Co-Creation | Gaorong "Future"
AI agents may well be among the first native inhabitants of the metaverse.
Southeast Asian Beauty Brand Y.O.U Raises $40 Million in Series C, Leading Emerging Market Beauty Industry
Unlock the full development of emerging-market beauty industries and drive industrial iteration and upgrading.
Dialogue with CASI's Huaqiang Xu: "Following Nature's Way" in Drug R&D | Gaorong "Future"
CasKedy announced the completion of a nearly RMB 100 million Pre-A+ funding round.
Industrial goods e-commerce platform "Yimaigongpin" raises tens of millions of dollars in Series C funding
Make it easier, cheaper, and more convenient for small businesses to buy industrial products.
Xingji Raises Hundreds of Millions of RMB in Series A+ Round to Advance In-House Development of Digital Implementation EDA Products
Let's work together to usher in a new era of digital intelligence.
Medtech Entrepreneurship Is a "Game for the Brave": How to Sharpen Innovation, Product, and Organizational Capabilities | Ronghui
Discussing trends in medical technology innovation and upgrading R&D team organizational management.
Securing Hundreds of Millions of Yuan in Pre-A Funding, How Westlake Omics Builds the AlphaFold of Proteomics | Gaorong "Future"
Deciphering the mathematical laws of the microscopic protein world to enable proteomics-based precision medicine.
瀚巍微电子完成Pre-A+轮融资，发布最新款超低功耗UWB芯片 Hanwei Microelectronics Completes Pre-A+ Round, Unveils New Ultra-Low-Power UWB Chip
Accelerate the adoption of new products in consumer electronics and industrial internet product segments.
Xinhuazhang, an EDA company, announced it has raised a Pre-B+ round to accelerate R&D innovation for next-generation EDA.
This will further solidify Xinhuazhang's leading position in the domestic EDA verification space.
Gaorong Monthly · December | Gaorong Ventures and Its Frontier Tech / Consumer / Healthcare / Enterprise Service Portfolio Companies Win Multiple Annual Awards
Its technological and innovative capabilities have won recognition.
Hyperparameter Raises $100 Million in Series B Funding to Build Living AI
Dedicated to building out the full "gaming + tech + social" pipeline.
"Tiny but Mighty" miRNA: How Cancer Can Be Caught at Its Earliest Stage | Gaorong Ventures "Future"
By applying microRNA to early cancer screening, we can transform cancer from a terminal illness into a chronic disease that can be intercepted at an early stage.
Hangzhou Andao Pharma Closes $50 Million Series B to Advance Drug Development for Kidney Disease and Cancer
Addressing the enormous unmet clinical needs in nephrology and oncology.
Unknown Closes Nearly $100 Million in Series B Funding, Launches AI×BT Strategy
Focused on gut microbiome AI-driven drug discovery, with self-developed drug candidates already in registrational clinical trials.
Chuanwazi Foods Raises Nearly RMB 300 Million in Series A Funding, Aiming to Become China's Go-To Brand for Fresh Sauce
Bold and zesty, there for every meal.
When Will We Achieve "Genomic Sequencing Freedom"? | Gaorong Ventures "Future"
A Conversation with the Creator of China's First Mass-Produced Nanopore Gene Sequencer
Chao Wan Zu (潮玩族) Completes Series B Funding Round, Building a Community for Young Collectors
China's largest secondhand designer toy trading platform and community.
Rongbao · November | New milestones for drug R&D, chips, and autonomous driving; UJU Media lists on Hong Kong Stock Exchange Main Board
New funding, new products, new applications.
Raysolve Closes Pre-A Round, Full-Color Micro-LED Micro-Display Chips to Power Consumer AR Applications
This round was led by Gaorong Ventures.
Cornerstone Robotics, a Leader in Innovative Surgical Robot Technology, Closes RMB 500 Million Series B Funding Round
We have completed a multi-pipeline layout covering soft-tissue surgical robots and other major specialty surgical robots.
Congratulations to UJU Interactive on its Successful Listing on the Hong Kong Stock Exchange | Gaorong Ventures News
A leading player in online short-video marketing solutions.
Gaorong Monthly · October | Gaorong Ventures Named Among Zero2IPO's Top 10 VC Firms of the Year; Nuro Closes Major Series D Round
Autonomous driving, healthcare, and chip sectors see new funding rounds; Genki Forest unveils "Triple Zero Factory" strategy; Dingdong Maicai stabilizes prices and ensures supply.
Nuro Announces $600 Million Series D to Accelerate Commercialization of Autonomous Delivery Vehicles
Less Driving. More Thriving.
Smart home unicorn Aqara raises 1 billion yuan in Series C funding
Leading IoT innovation, creating smart homes that truly understand you.
Xingji Announces Completion of Hundreds of Millions of RMB in Series A Funding, Focused on Innovation in Digital Implementation EDA Products
Dramatically improves chip design efficiency and helps enable first-time-right, rapid volume production.
Congratulations on the Establishment of Peking University's School of Computer Science, with Gaorong Ventures Donating to Support Education
On October 24, the School of Computer Science at Peking University was officially established.
Mirxes Completes $87 Million Series C Round to Develop Early Cancer Screening Products Based on Leading miRNA Technology
Focused on microRNA technology, dedicated to early disease diagnosis.
Privacy-preserving computation and data-circulation leader **Huakong Qingjiao** closes RMB 500 million Series B round
Accelerate the development of data-factor circulation infrastructure.
Gaorong Bulletin · September | Gaorong Ventures Ranks Top 3 in 2021 VC Fund Returns, Milestones for Cross-Border Services, New Drug R&D, and New Brands
Consumer investment is returning to natural consumer demand, and medical technology innovation is emerging.
Advance Intelligence Group Closes Over $400 Million Series D Round, AI Technology Reshapes Finance and Retail Sectors
The business covers South Asia, Southeast Asia, Greater China, and Latin America, among other regions.
Efficacy skincare brand "Shiyan" has raised nearly 100 million RMB in a Series A round led by Gaorong Ventures.
Focusing on novel process innovation to create products that actually deliver results.
Lark's Zhang Nan: How ByteDance Scaled from 100 to 100,000 People Through Tool-Driven Organizational Evolution | Ronghui Practical Insights
How to "scientifically" improve an organization.
Adaps Photonics Closes B1 Round to Double Down on High-Performance dToF Depth Sensor Chips
Developing advanced sensing chips for industry, creating "eyes of insight" for the future.
MingMed Completes Nearly $50 Million Series A+ Round to Accelerate Clinical Trials for Key Pipeline Candidates
Accelerating the development of globally leading first-in-class drugs.
Rongbao · August | Medical Firms Accelerate Clinical Trials; New Funding for Chip, Consumer, and Overseas Expansion Companies
Make innovative technology accessible to more people.
Vertilite, a Domestic VCSEL Manufacturer, Closes Hundreds of Millions of Yuan in Series C3 Funding to Accelerate Automotive Electronics Push
Providing high-power and high-frequency VCSEL solutions for customers worldwide.
Leading smart parking company AIPARK (爱泊车) has received a strategic investment from Xiaomi.
This strategic investment will empower AIPARK's AIoT smart hardware supply chain and accelerate its market expansion.
Abogen Biosciences Raises Over $700 Million in Series C Funding to Accelerate mRNA Platform Expansion Across Vaccines and Therapeutics
Leveraging our proprietary mRNA technology platform to deliver more innovative medicines for patients.
Innovusion Closes $66 Million B+ Round to Accelerate LiDAR Mass Production
Building world-leading mass-production supply chains and production lines for LiDAR, jointly advancing the development of autonomous vehicles.
Pulmonary Hypertension Technology Developer Pulnovo Medical Raises Over 100 Million Yuan in Funding
China's first cardiovascular company in the pulmonary hypertension space to receive FDA Breakthrough Device designation.
"Chaotianmen Dock" Closes Pre-A Round to Build Chongqing-Flavored New Consumer Brand
Bring authentic Chongqing flavor into every household.
Rongbao · July | Multiple Companies Close New Funding Rounds, Take the Lead in Their Sectors; Pinduoduo's Olympic Season Boosts Sports Consumption for All
Continue to invest in innovative companies in new consumer brands, new technologies, healthcare, and other sectors.
Yinjia Biotech Closes Pre-A Round, Advancing Its High-End Protein Platform to New Heights
Build a leading domestic "protein artisan" platform.
XYZ Robotics Leads the Robotic Hand-Eye Coordination Race, Closes $35 Million Series B Round
Accelerating the arrival of fully autonomous perception and manipulation for robots.
Cloud data management vendor eCloud Tech closes 100-million-yuan Series B round, redefining China's data backup market
A domestic leader in the CDM (Copy Data Management) space, providing enterprises with full-lifecycle data asset management.
Adaps Photonics has released China's first dToF sensor built with 3D stacking technology, offering a groundbreaking solution for 3D sensing.
Overall performance reaches world-class standards.
Hygea Medical Completes Series C+ Round, Expanding Multi-Pipeline Portfolio in Minimally Invasive Tumor Interventional Therapy
Led by technologies such as the Cryoablation System, a new generation of minimally invasive tumor treatments is driving oncology toward procedures that are less invasive, more precise, and increasingly intelligent.
Kaikela Raises 600 Million RMB in Series B1 Funding to Accelerate Upgrades in Online Vocational Education
Kaikeba — making careers more flexible.
Platonic Bio Closes Oversubscribed $55 Million Series A to Accelerate ADC Drug and Immuno-Oncology Platform Development
Enabling best-in-class and first-in-class ADCs to advance into clinical development.
General AI Company Qiyuan World Completes 300 Million Yuan Series A Funding Round to Accelerate Buildout of AI Infrastructure for the Digital Age
Dedicated to creating great agent products, and bringing agents into every industry, every home, and every individual.
Guoxin Technology Secures New Round of Strategic Investment to Lead Innovation in IoT AI Chips
Covering the full-scenario application of "human-vehicle-home," shaping a better life with "chips."
Rongbao · June | BOSS Zhipin and Dingdong Maicai successfully go public; medical, industrial upgrade, and chip companies close new funding rounds
Xingji, Dongjing Yiwan, Qitan Technology, and other companies have completed new funding rounds.
Congratulations to Dingdong Maicai on its successful NYSE listing! | Gaorong Ventures News
Make fresh, quality ingredients as accessible as running water — within everyone's reach, for the benefit of all.
Packaging industry internet platform **Dongjing Yiwan** has completed a RMB 250 million Series B+ funding round, led by **Gaorong Ventures**.
Providing full-process, digital, and intelligent services for every link in the packaging industry chain.
Warm congratulations to BOSS Zhipin on its successful Nasdaq listing! | Gaorong Ventures News
China's largest online recruitment platform.
Zhuiyi Technology Secures New Strategic Funding Round to Deepen AI Capabilities and Accelerate Industrial Digital Transformation
Advance AI technology innovation and industrialization.
Qitan Tech Raises Over 400 Million Yuan in Series B, Leading the Nanopore Gene Sequencer Race
China's first fully self-developed nanopore gene sequencer is slated for mass production later this year.
EDA digital implementation solutions provider Xingji announced the completion of a Pre-A funding round worth several hundred million yuan.
Where the chip leads, there we go — together, forging a new era of digital intelligence.
Rongbao · May | Pinduoduo Enters the Era of 800 Million Users, Waterdrop Inc. Debuts on the NYSE
Meeting the needs of China's vast user base for a better life.
Global cross-border e-commerce one-stop service platform "Dianxiaomi" raises 135 million yuan in Series B+ funding led by Gaorong Ventures
A one-stop service platform for China's leading B2C cross-border e-commerce sellers, making "buy global, sell global" simpler.
Censoft Technology Completes A+ Round to Accelerate Hospital Smart Management Business
Focused on hospital economic operations management.
12 New Trends and 12 New Growth Models in Global B2B for 2021 | Ronghui B2B Growth Camp
A look at the latest trends in the post-pandemic B2B market, and the growth strategies behind high-growth B2B companies overseas.
To B Ten Questions | Jianfeng Du, SAP Cloud Architecture VP: SAP's Cloud Transformation Journey and the Next Generation of SaaS Opportunities
Data, cloud-native, remote work, experience management, low-code/no-code, SaaS going global... What are the emerging opportunities in B2B worldwide?
XinYaohui, a leading chip IP company, has raised over 500 million yuan in its Series A round, led by Gaorong Ventures.
Empowering China's integrated circuit industry upgrade through innovative IP technologies.
A Formal Statement on the Fraudulent Use of Gaorong Ventures' Name
Formal Statement
Blokees Closes RMB 600 Million Series B, Chinese Original Building-Block Brand Keeps Building Momentum
Build a global children's brand born from Chinese creativity.
Dingdong Maicai Completes $1.03 Billion in Series D and D+ Funding Rounds
Make good ingredients as accessible as tap water — within everyone's reach, for the benefit of all.
Xinhuazhang announced the completion of a Pre-B funding round exceeding 400 million yuan, and will soon release the first-phase research results of EDA 2.0
Boost the overall efficiency of the integrated circuit industry chain to fully underpin future digital development.
Innovusion, a global leader in image-grade LiDAR, has completed a $64 million Series B funding round.
Committed to delivering safer, smarter, and more efficient transportation and mobility.
Westlake Valley Intelligent Pharma Raises Tens of Millions of RMB in Angel Round, AI Powers Gene-Editing Therapeutics
Dedicated to establishing a complete, end-to-end pipeline for applying AI technology in gene therapy.
Warm Congratulations to Waterdrop Inc. on Its Successful IPO, Becoming the NYSE's First "InsurTech Stock" | Gaorong Ventures News
Gaorong Ventures co-led Waterdrop's angel round and participated in every subsequent funding round.
Busy Snacks Closes First Funding Round of 240 Million Yuan to Build a Next-Generation National Snack Brand
It didn't just build brand value — it created an entire snacking infrastructure.
Rongbao · April | Solid-state LiDAR leader Innoviz goes public; Genki Forest and Dingdong Maicai close new funding rounds
Major Events in April
Genki Forest Completes New Strategic Funding Round, Charts Four Paths to Build "Genki Forest of the World"
Build out the full value chain to integrate R&D, manufacturing, and sales, and capture the opportunities created by the rise of China's new generation of young consumers.
Warm Congratulations to Innoviz, Global Leader in Solid-State LiDAR, on Successful NASDAQ Listing | Gaorong Ventures News
Advancing LiDAR technology to deliver safe, reliable, and cost-effective solutions for automakers.
Rongbao · March | Autonomous Driving and Chip R&D Accelerate, Enterprise Service Companies Secure New Funding Amid Digitalization Wave
Nuro brings in new investors for its Series C round, Innoviz launches an automotive perception platform, and emerging consumer brands tap into Ocean Engine.
Biren Technology Completes Series B Funding, Advancing China's Semiconductor Innovation Through Technology
Dedicated to achieving breakthroughs in domestic high-end general-purpose intelligent computing chips.
Saint Bella Closes Nearly RMB 200 Million Series C1 Round to Build Maternal and Infant Care Platform for New-Generation Families
Dedicated to providing better maternal and infant care services for new-generation families.
Retail Finance SaaS Firm Tengyin Caizhi Raises Over 100 Million Yuan in Series A+ Round from Tencent and Gaorong Ventures
Fully embracing the WeCom ecosystem, committed to becoming the digital infrastructure for retail financial institutions.
Inventage Biotech Closes Nearly $60 Million Series A to Develop Globally Leading First-in-Class Drugs
First in China, Best in the World
Digital Fashion Platform Lingdi Technology Raises 200 Million Yuan in Pre-B Round, Anchored in Trillion-Yuan Apparel Industry
Driving technological innovation and industrial upgrading across China's apparel supply chain.
Rongbao · February | Pinduoduo Awarded "National Advanced Collective in Poverty Alleviation," Chip and Medical Companies Complete New Funding Rounds
Pinduoduo contributes to poverty alleviation; XinYaohui, Fubei Biotech, and Westlake Omics close new funding rounds.
Westlake Omics completes tens of millions of RMB in seed funding to advance proteomics research and precision-assisted diagnostics
Dedicated to realizing proteomics-based precision medicine, advancing auxiliary diagnosis of major human diseases.
XinYaohui Closes Two Rounds Raising Over 400 Million Yuan to Develop Advanced-Process Chip IP and Accelerate Chip Innovation
Developing advanced-process chip IP products and solutions through independent R&D, bringing new luster to China's semiconductor industry.
Gaorong Ventures wishes you a Happy Chinese New Year and great fortune in the Year of the Ox!
Spring flows eternal through the high mountains and running streams; banyan branches reach toward the sun, and all things take on new life.
Fube Biotech Closes A++ Round to Pioneer CNS Drug R&D Through Homegrown Innovation
Accelerate multiple novel neurological drug candidates into clinical trials.
Rongbao · January | E-commerce and Retail Players Build Out Origin-Region Supply Chains; Multiple Chip, AI, and Enterprise Service Firms Close New Funding Rounds
Discover and accompany creators of a beautiful life.
Hyperparameter Closes $30 Million Series A+ Round to Accelerate Game AI Expansion
Dedicated to transforming how game content is produced through artificial intelligence.
Galixir's Chengtao Li: Finding the "Key" to Curing Disease with AI in the Universe of Compounds | Rong Talk --- In the vast "universe" of chemical compounds, finding the molecule that can precisely target a disease is like searching for a needle in a haystack — except the haystack contains more stars than there are in the Milky Way. This is where Galixir comes in. Founded in 2019, Galixir is an AI-driven drug discovery company that uses artificial intelligence to navigate the astronomical complexity of molecular space. At its helm is Chengtao Li, a Tsinghua University PhD who spent years at MIT's Computer Science and Artificial Intelligence Laboratory (CSAIL) before returning to China to build what he calls "a new kind of pharmaceutical R&D engine." "The traditional drug discovery process is incredibly inefficient," Li tells us in a wide-ranging conversation at the company's Beijing headquarters. "You're talking about 10 to 15 years and $2-3 billion to bring a single drug to market. And the failure rate is brutal. We think AI can fundamentally change that equation." Galixir's approach centers on what Li describes as "generative chemistry" — using deep learning models to design novel molecules from scratch, rather than merely screening existing compound libraries
How artificial intelligence technology is accelerating drug discovery and development.
Xinhuazhang, an EDA company, announced the completion of its Series A+ funding round to accelerate R&D progress on EDA 2.0.
Building EDA 2.0 technology for a digital society, defining an intelligent future from the chip up.
Shexu Technology Raises Tens of Millions of RMB in Angel Round to Build Industrial Intelligent Design and Manufacturing Cloud Platform
AI + SaaS, making industrial design smarter.
Gaorong Bulletin · December | Multiple Gaorong Ventures Portfolio Companies Secure New Funding in Chips, Robotics, AI Drug Discovery, New Brands, and Other Sectors
Stepping into 2021.
General-purpose intelligent robotics company Flexiv completes over $100 million Series B funding round
Gaorong Ventures led the investment in Flexiv in early 2019 and continued to increase its stake in subsequent funding rounds.
Hanwei Microelectronics Closes Pre-A Strategic Round, Low-Power Team Targets UWB High-Precision Positioning Market
UWB technology will become an important foundational technology for the era of the intelligent Internet of Everything.
Galixir Announces Tens of Millions of Dollars in Funding, Using "AI+" to Break Through Bottlenecks in Drug Discovery
Gaorong Ventures led Galixir's angel round and continued to increase its stake in subsequent funding rounds.
Huatai United Securities' Jiang Yu: How Innovative Companies Can Navigate the Path to Listing in the Registration-Based Era | Ronghui
How Can Innovative Companies Seize the Registration-Based IPO Opportunity and Make the Right Capital Strategy Choices?
EDA Technology Breakthrough Xinhuazhang Announces Over RMB 200 Million Series A Funding Round, Led by Gaorong Ventures
Defining the future of intelligence, from the chip up.
Bloks Group Closes RMB 330 Million Series A Round to Accelerate Building a "World-Class Children's Brand Made in China"
Building out a "full-scenario" children's industry ecosystem, with deep roots in the children's growth and development track.
Rongbao · November | Yatsen Holding and Ucommune successfully list on US equities, Nuro closes Series C funding
Working together to create a better life.
Congratulations to Ucommune on its Successful NASDAQ Listing | Gaorong Ventures News
Became the "first listed co-working stock."
Aozhe Raises RMB 200 Million in Series B+ Funding, Leading China's Low-Code Digital Transformation Sector
Low-code technology is becoming the core engine of enterprise digital transformation.
Warm congratulations to Yatsen Holding, parent company of Perfect Diary, on its successful NYSE listing | Gaorong Ventures News
It became the first U.S.-listed Chinese beauty stock, with Gaorong Ventures leading its early round and standing by it ever since.
GalaxySpace Completes New Funding Round to Accelerate China's Satellite Internet Development GalaxySpace has completed a new round of financing, accelerating the push to advance China's satellite internet construction. The company, a leading domestic player in the satellite internet sector, will use the fresh capital to ramp up its satellite production capabilities and expand its constellation deployment. The move comes as China races to build out its low-Earth orbit satellite infrastructure, positioning satellite internet as a critical piece of next-generation communications networks. The funding round underscores continued investor confidence in the commercial space sector despite a broader cooling in venture capital markets. GalaxySpace has now secured multiple rounds of financing since its founding, with backing from prominent institutional investors. China has identified satellite internet as a strategic priority, with state and private efforts converging to challenge the global dominance of SpaceX's Starlink. GalaxySpace is among a handful of domestic companies aiming to establish large-scale satellite constellations for broadband coverage.
Continue investing in satellite internet R&D and rapidly build low-cost, mass-production capabilities for next-generation internet satellites.
Autonomous driving company Nuro announced a $500 million Series C funding round.
Apply world-class technology to improve people's everyday lives.
Chen Yaochang: World Factory + Social Media + Talent — More and More Global Brands Will Emerge from China | Ronghui
Over the next five years, we're bound to see more and more international consumer brands emerging from China.
Gaorong Bulletin · October | Gaorong Ventures Closes Fundraising of Over 10 Billion RMB
Pinduoduo received the National Poverty Alleviation Award, Nuro's driverless vehicles tested fully autonomous driving on city streets...
Bishijia Technology Completes Series B Funding to Upgrade Next-Generation AIOps Products
Leveraging artificial intelligence to transform IT operations, building world-leading intelligent operations (AIOps) products.
Gaorong Ventures Completes Fundraise Exceeding 10 Billion RMB, Partnering with Founders to Create Long-Term Value
Continue to focus on investments in new consumer, new technology, enterprise services, healthcare technology, and other sectors.
How to Manage and Motivate Organizations Well? Huawei's Former Head of Financing: Respect Human Nature, Distribute Money Right, and Live in Fear | Ronghui
Focus your force through a single point, and the returns will flow through that same point.
Hangzhou Nationalchip Technology Completes Hundreds of Millions of Yuan in Series C Funding
Focused on chip design and system solutions for digital television and AIoT (AI + IoT).
Gaorong Ventures wishes you a happy National Day and Mid-Autumn Festival — together, toward a bright future!
Banyan trees gaze upon mountains and seas; the full moon brings reunion.
Rongbao · September | Groundbreaking New Product Launches in Large-Memory Software, Robotics, Nanopore Gene Sequencing, and More
Technology and innovation will help build a better future.
Amid the Industrial Upgrade Wave, We Sat Down with Huawei to Discuss How 5G + Cloud + AI Will Reshape Everything | Ronghui Visits Huawei
Nearly 30 CEOs and CTOs from Gaorong Ventures' portfolio companies visited Huawei to exchange ideas on opportunities and the future of AI.
Consumer Brand Growth Insights Report: There's No Universal Formula for Brand Dominance, Only One Underlying Logic
The Three Genes of a Successful Brand.
Ruben Technology Closes Nearly $10 Million Series A, Unveils Flagship Intelligent Teach Pendant RVT
Make industrial robots accessible to everyone.
Rui Han of Gaorong Ventures Decodes the Battleground for Future Consumer Giants: Transferable Trust Is What Makes a Brand
Above category, the first way to classify tomorrow's consumer giants is by "scenario and function."
Gaorong Monthly · August | Waterdrop Completes $230 Million Series D Funding; Gaorong Ventures Named Among 36Kr's "Top 5 Most GP-Trusted VC Firms by LPs"
Shuidi, Kaikeba, and other companies closed major funding rounds, while Gaorong Ventures received multiple industry honors.
Kaikela Secures $550 Million Independent Financing, Leading the New Vocational Education Track --- Kaikela has raised 550 million yuan in independent financing, positioning itself at the forefront of the new vocational education sector.
Dedicated to cultivating digital talent for the new infrastructure era, leading the charge in modern vocational education.
XYZ Robotics, a company specializing in hand-eye coordination applications for robotics, has raised nearly $20 million in a Series A+ round.
Enable faster, more effective hand-eye coordination for robots across a broader range of scalable, replicable scenarios.
Waterdrop Inc. has completed a $230 million Series D funding round, co-led by Swiss Re Group and Tencent.
Leveraging internet technology to ensure accessible, affordable healthcare for the masses — safeguarding hundreds of millions of families.
General-Purpose Intelligent Chip Designer Biren Technology Completes Major Pre-B Round Financing
Dedicated to achieving breakthroughs in domestically produced high-end general-purpose AI computing chips.
Before Mastering Taobao, Douyin, and Kuaishou Marketing Tactics, Learn Product and Data Thinking First | Ronghui
In the wave of data-driven marketing, marketing has become product and operations.
Gaorong Report · July | Gaorong Ventures Ranked Top 5 VC Funds by Returns at 2020 China Fund of Funds Summit, Decoding Consumer Investment Logic Under the "Dual Circulation" Development Paradigm
Investment in consumer, technology and innovation, and healthcare sectors continues to gain recognition.
SmartX Closes Nearly RMB 200 Million in Series B+ and C Funding to Accelerate Coverage of Mid-to-High-End Enterprise Cloud Market
Accelerating independent innovation and scenario expansion for enterprise cloud core engines, building a solid foundation for digital transformation and "new infrastructure."
Hyperparameter's Yongsheng Liu: Exploring Evolutionary AI in Virtual Worlds
Build virtual worlds with different scenarios, and let AI learn and evolve within them.
Rongbao · June | Gaotu Techedu Marks 6th Anniversary by "Redefining the Large Live-Streaming Class Model," YITU's Leo Zhu Publishes Signed Op-Ed in *People's Daily*
Never stop moving forward — create value, explore the unknown.
AIPARK, a leading smart parking company, has completed its Series C financing round led by Gaorong Ventures.
Using AI technology to usher in the era of Smart Parking 5.0.
Equipping Autonomous Driving, Robotics, and Virtual Entertainment with Brains... How Intelligent Agents Are Reshaping the Future | Ronghui
Five Tech Leaders Discuss: How AI Agents Cross from Virtual to Physical to Bring Greater Benefits to Humanity
When Traffic Costs More Than Gold, How Do You Actually Drive Growth? | Ronghui
Hunting for traffic in the "stock era."
Rongbao · May | Large-Memory Computing, Autonomous Driving and Other New Technologies Accelerate Adoption; Integration of Goods and Services Emerges as New Consumption Trend
Underlying technological innovation and new demographics are driving infinite possibilities.
Shuimu BioSciences Announces Angel Round to Build World-Class Next-Generation Drug Discovery Platform
Shuimu BioSciences has built Asia's first commercial protein structure analysis platform centered on 300kV top-tier cryo-EM, dedicated to using breakthrough technology to dramatically accelerate drug discovery and improve the druggability of difficult targets.
Leading nanopore gene sequencing company **Qitan Technology** has raised over RMB 100 million in funding, led by Gaorong Ventures.
Focused on the independent R&D of nanopore gene sequencers, dedicated to making gene sequencing technology accessible to every household.
MemVerge Secures $19 Million Strategic Investment to Accelerate the "Big Memory Computing" Era
Intel, Cisco, NetApp, and SK hynix — industry leaders — have joined forces to invest, spearheading the big memory revolution.
Gaorong Bulletin · April | Gaorong Ventures Actively Responds to "Zhongguancun Venture Capital Anti-Epidemic Investment Initiative," Joins First Batch of China Equity Investment Fund Managers' Creditworthy Red List
"We are firmly bullish on China, and we believe that steadfastly investing in technology and innovation-driven industries represents the greatest opportunity looking ahead."
Autonomous driving company Nuro is providing medical supply delivery services in California to help fight the virus
In just over two weeks, Nuro has created entirely new use cases for autonomous vehicles — and they're already playing a role in the fight against the pandemic.
HiCTO Founder, Former Dianping CTO Shihai Gong: How to Build a High-Performance Engineering Team
A Practical Handbook for Building High-Performance Engineering Teams at Startups
The Enterprise Services Race Heats Up: What's New for Growth in 2020? | Gaorong Ventures
Eight New Models and Ten Rules for Enterprise Service Growth.
Gaorong Ventures Named to CB Insights "Global Emerging Tech Venture Capital Firms China List"
Constantly seeking out top-tier teams with a deep understanding of technology trends and the imagination and creativity to grasp its commercial value.
Rongbao · March | Pinduoduo GMV Reaches New "Trillion" Milestone, YITU Sets New World Record in Person Re-identification Algorithm
New consumption and new technology companies are innovating supply models and strengthening technological support to contribute to the country's new infrastructure development.
Gaotu Techedu Co-founder Lü Weisheng: When Hiring, "Drive" Comes First; Winning Battles Is the Best Team Building | Rong Talk --- Lü Weisheng, co-founder of Gaotu Techedu, shares his management philosophy on talent selection and team building. His core belief: the single most important trait in a candidate is "要性" (drive/ambition) — an intense hunger to achieve and grow. Technical skills can be taught, but raw motivation is what separates those who merely execute from those who transform organizations. On team culture, Lü argues that nothing builds cohesion faster than shared victory. "打胜仗是最好的团建" — winning together creates trust, alignment, and momentum that no offsite retreat or trust fall can replicate. Teams forged in challenging, high-stakes environments develop the resilience and mutual reliance that sustain them through future crises. The conversation, hosted by Rong Talk (榕汇), delves into how this philosophy shaped Gaotu Techedu's evolution through China's fiercely competitive online education landscape — from its early days as a startup to navigating regulatory upheaval and reinvention.
How do you identify the right people when building a startup? How do you lead a team to win?
Richard Liu: As the Pandemic Enters Its Global Second Half, How Can Chinese Startups Seize Antifragile Growth Opportunities
Ten Growth Tips for Founders
Beijing News Interview with Chang Chen: Bullish on China's Consumer Market, Demand Recovery Will Drive Supply-Side Evolution
Long-term bullish on the massive investment opportunities in China's new consumer market.
Gaorong Ventures Rides the Spring Breeze Again: "Tsinghua University Spring Breeze Fund" Receives $1 Million Donation from Alumni Enterprise to Support Research and Pandemic Response | Gaorong News
Let science and technology innovation be the most powerful weapon in defeating the pandemic.
Banyan Post · February | Roborock Lists on STAR Market, AI and New E-Commerce Aid the COVID-19 Fight and Work Resumption
In the face of crises and challenges, innovative companies have demonstrated remarkable resilience while staying true to their original mission of creating value.
33 Days as a CEO: Organizational Change in a Pandemic | Ronghui
Shuidi's Shen Peng: Strengthening Organizational Culture and Launching Organizational Reform Amid the Pandemic
Jiang Nanchun: Crisis Is Opportunity, Right and Wrong Determine Success or Failure, Differentiation Is Evolution | Ronghui
Don't think short-term; take a long-term view. Focus on right and wrong, not gains and losses.
Warm congratulations to Roborock on its successful listing on the STAR Market! | Gaorong Ventures News
Explore endlessly, create the extraordinary!
Great Crises Breed Great Opportunities? Lessons from SARS and the Financial Crisis | Gaorong Ventures Share
Spring always comes, and the view next spring will surely be different from years past.
Battle Against the Epidemic: Gaorong Ventures Portfolio Companies Continue Their Efforts to Support COVID-19 Response | Rongbao · January
What matters most is action.
Racing to Aid Wuhan, Praying for Peace, We Are Together! | Gaorong Ventures News
Gaorong Ventures has completed a donation of 1 million RMB to the Wuhan Charity Federation; companies across the Gaorong family are now relaying support to Wuhan, passing on warmth.
Congratulations on GalaxySpace's First Satellite Launch, Opening a New Era for China's Commercial Aerospace Sci-Tech Innovation | Gaorong Ventures News
We are endlessly curious about space, and we look forward to GalaxySpace taking us to explore a broader future!
Liu Xinhua: How to Crack the Growth Code for Products in the Second Half of the Internet Era | Gaorong Ventures Share
A 10,000-word transcript systematically breaking down the four modules of the growth model — clarifying principles, seizing momentum, refining tactics, and reading people.
Dingdong Maicai's Liang Changlin: We Oppose Gimmicks and Tricks, We Do the Hard and Unsexy Things | Gaorong Ventures Share
Dingdong Maicai's Four Non-Consensus Beliefs: Retention Is King, Efficiency Is Life, Exponential Thinking, and the Seed Theory.
Gaorong News · December | Gaorong Ventures Named Among "China's Top 3 Best VC Funds of 2019," Ronghui "Youth Innovation Camp" Concludes
The future is bright.
Leading Community Fresh Food Brand "Qian Damayi" Closes Nearly RMB 1 Billion Series D Round | Gaorong Ventures News
Boosting efficiency and the customer experience in the fresh food industry, so every meal is truly fresh.
Hyperparameter has unveiled its game AI progress for the first time, partnering with Seasun to develop "Orion α," a 3D survival game AI.
Deep integration of AI capabilities with gaming scenarios is showing broad application potential.
Making Automation Easier! After Two Years of R&D, Rvbust Unveils Three Hardcore Products
By combining vision with robotics, we dramatically lower the barrier to using robots and make automation simpler.
Gaorong Monthly · November | Gaorong Ventures Wins "2019 China VC Firm of the Year" and Other Awards, 24 Portfolio Companies Named to 36Kr's "King of New Economy" List
Embrace the power of technology and innovation to create a better life together.
African Mobile Payments and Mobility Service Provider OPay Closes $120 Million Series B Round | Gaorong Ventures News
OPay is one of Africa's fastest-scaling companies, having grown into Nigeria's leading mobile payments and ride-hailing service provider.
Aqara, a leading IoT company, completes Series B2 funding round to accelerate overseas and B2B expansion
Going forward, Aqara will pursue strategic partnerships with global tech giants and double down on overseas markets, while also building out its B2B business with scenario-based solutions for smart eldercare and smart agriculture.
Topping Tmall's Double 11 Beauty Rankings, Perfect Diary Wants to Be the New L'Oréal for the Internet Era | A Gaorong Ventures Feature
Tmall Double 11's No. 1 Beauty Brand: The Journey and the Original Vision
From Enterprise Services to Industrial Upgrading: One of the Most Important Directions for the Next Five Years | Ronghui
Using enterprise services as a foundation to identify breakthroughs in industrial upgrading will give rise to a large number of outstanding companies.
Gan Jiawei: To B Sales Must Return to Fundamentals, Stop the "Mystery Power Dependency" | Ronghui
"A lot of methods aren't things others don't know — it's just that you're more persistent and more deliberate than they are."
Rongbao · October | Seeyon Networks Lists on STAR Market, Chang Chen Speaks at Zhongguancun Forum on "Patient Capital"
To date, companies invested in or backed by Gaorong Ventures have completed 10 successful IPOs.
Congratulations to Seeyon on its Successful STAR Market IPO! | Gaorong Ventures News
Opening a new chapter in the collaborative management software industry.
A Conversation with Tigerobo's Chen Ye: Escaping the Information Flood, Building the Gateway for the AI Era
The entry point for the PC era was search; for the mobile internet era, it was apps. Where will the information entry point be for the next era?
XTransfer Raises Tens of Millions in Series B1 Funding to Bring Financial Services to Global SMEs
Leveraging technological innovation and data intelligence to provide financial services solutions that empower SMEs to expand globally.
Rongbao · September | YITU and Zhuiyi Clinch World Championship Titles, "Ronghui" Steps into QQ Mini Programs...
Wishing everyone a happy National Day!
Inside QQ's 800 Million MAU Ecosystem: Co-Creating Mini Programs Young People Love | Ronghui Visits QQ Mini Programs
"An open platform full of imagination."
ADVANCE.AI Completes Series C Funding Round, Continues Deepening Focus on AI Enterprise Services Market
Using intelligence to drive industrial and social progress
Gaorong Ventures Honored with 36Kr's "Top 10 Most Founder-Friendly VC Firms in China 2019" and Other Awards
Gaorong Ventures remains committed to identifying exceptional founders and building long-term value alongside them.
From Finite Resources to Infinite Games: What Hellobike Got Right at Age Three | Gaorong Ventures "Beautiful Life" Feature
How Hailo's Technical DNA Helped It Win a Brutal War of Attrition
GalaxySpace has completed a new round of financing, aiming to provide global 5G satellite communications and satellite internet services.
Following this round of funding, the company will continue to focus on R&D for low-orbit broadband communications satellites and the commercial deployment of application scenarios.
Rui Han of Gaorong Ventures Named to "36 Under 36" Outstanding Investors List: You Have to See It, and You Have to Dare to Believe It
"VC is Vision plus Conviction."
AI-powered data platform provider Entropy Simplification Technology closes Series B funding, making data intelligence accessible to all
Centered on the data middle platform, helping enterprises build a one-stop data intelligence service platform.
YITU was commissioned to build the national next-generation AI open innovation platform for visual computing, Pinduoduo and HUYA Inc. released their Q2 earnings...
More Gaorong Ventures innovation updates, all in the Rongbao newsletter.
XYZ Robotics raised its Series A round, leveraging world-leading robotics technology to power logistics and industrial automation.
Pick anything. Place anywhere anyway.
Rongbao · July | Beibei Group Launches New Business Beicang, "Ronghui" Discusses Public Affairs Strategy...
Creating better life through innovation.
Bishu Technology Raises Tens of Millions of Yuan in Series A+ Round to Advance Its Intelligent Operations "Brain"
Dedicated to building a world-leading AIOps intelligent operations engine, using AI technology to empower the IT operations field.
Geekplus Completes C1 Round Lead Financing, Using AI to Power Intelligent Supply Chain Services
Smart Logistics, Empowering the World.
Healthcare Big Data Risk Control Provider "Zhanlü Data" Closes Nearly RMB 100 Million Series B Round
Dedicated to building a fair, accessible, and systematically continuous health protection ecosystem
Rongbao · June | Gaotu Techedu successfully lists on the NYSE, Nuro partners with Domino's on autonomous pizza delivery...
Monthly curation of 10 news items that matter for innovation.
Gaorong Ventures hereby issues the following solemn statement:
Formal Statement.
China's First AI Microbiome Drug Company "Unknown" Raises Nearly $10 Million in Funding
Leveraging AI and bioengineering technologies to deliver precision management of gut health for Chinese consumers.
Waterdrop Inc. Completes Series C Funding of Over 1 Billion RMB
"Proactive protection + post-event relief" — working together to safeguard hundreds of millions of families.
Warm congratulations to Gaotu Techedu on its successful NYSE listing
Technology makes education better.
Through the Darkest Hour to Today's IPO: Gaotu Techedu and Larry Chen's Five-Year Journey | Rongji
Only by finding a healthy business model and returning to the fundamentals of the industry can one witness the magic of the "snowball effect."
Gaorong Ventures received honors including 36Kr's "Top 10 Most LP-Friendly VC Firms in China" and ChinaVenture's "Top 10 Best VC Firms in China 2018."
Thank you to all parties across the industry for your continued trust and support.
Yiu-Cheung Chan: The Future of Retail
Do traditional retailers need digital transformation? How are technology drivers reshaping the retail industry? And how can companies win in the fiercely competitive fresh grocery and online fresh produce markets?
Flexiv Unveils First Adaptive Robotic Arm, Bringing Third-Generation Robotics Technology
The world's first adaptive robot made its debut at the 2019 Hannover Messe in Germany.
MemVerge Closes $24.5 Million Series A, Unveils World's First Memory-Converged System
A new data infrastructure that eliminates the boundary between memory and storage.
Zhuiyi Technology Closes $41 Million Series C to Accelerate Industrial AI Transformation
From Enterprise Intelligence to Industrial Intelligence
Gaorong Ventures' Xiang Gao: Finding Irreversible Trends to Withstand Market Volatility
The Logic Behind the "Irreversible" Trend
Gaorong Ventures' Chang Chen: Consumer Markets in Third-, Fourth-, and Fifth-Tier Cities Are Full of Opportunity
Third- and fourth-tier cities account for over 63% of total social retail consumption, far surpassing the combined share of first- and second-tier cities.
Shuidi Mutual Aid Completes Nearly RMB 500 Million Series B Round, Gaorong Ventures Continues to Increase Stake
Safeguarding Hundreds of Millions of Families
A Conversation with the "Three Musketeers" of Gaorong Ventures: Embracing Technology to Create a Better Life
From 0 to 1, and on to 1 to 10
Tigerobo raises $33 million in Series A funding to make information and knowledge more accessible
Leveraging cutting-edge NLP technology to build the next generation of intelligent search and information products
Strategic Alliance! YY Completes Acquisition of Bigo | Gaorong Ventures News
Building a world-leading video-based social media platform company
Danke Apartment Raises Approximately $500 Million in Series C Funding, Long-Term Rental Sector Enters Era of Refined Operations | Gaorong Ventures News
Make renting truly simple and joyful
The "Brain" Behind Starbucks' Rapid Delivery Launch | A Gaorong Ventures Enterprise Services Case Study
The "Mastermind" Behind Starbucks' "Lightning Speed" Online Business
Nuro Nears $1 Billion Investment from SoftBank to Reshape Logistics with Autonomous Delivery
Committed to creating a future where any good can be delivered quickly at the most economical price.
A Visual Breakdown of Gaorong Ventures' Retail Investment Model: Why It Keeps Doubling Down on the Fresh Grocery Sector
What kind of business model can better carry consumers' channel trust? And push closer to the endgame of retail?
Food delivery-focused new retail brand "Zuo Da Shi" has raised tens of millions of RMB in an angel round led by Gaorong Ventures.
The world's top food connoisseurs scour the globe for the finest condiments to make takeout taste better.
Gaorong Ventures 2018: New Consumer and New Tech for Long-Term Value
Building shared, long-term value.
How Can AI Empower Healthcare? "Smart Healthcare Symposium" Hosted by Tsinghua University's Department of Electronic Engineering, Co-organized by Gaorong Ventures, Explores the Question in Depth
Give the product a clinician's diagnostic mindset.
Qiyuan World Wins 2018 NeurIPS Multi-Agent Competition Learning Track Championship, Highlighting the Value of Its Decision Intelligence Platform | Gaorong Ventures News
Decision intelligence platforms' capacity to support multi-agent continuous learning
Yue Bin, founding partner of Gaorong Ventures, won the "Top 10 Most Influential VC Investors of 2018" award.
Gaorong Ventures was named to the "2018 Top 10 Most Influential VC Firms." At the same time, Rui Han, Aisi Zuo, and Wang Xin, vice presidents at Gaorong Ventures, were jointly selected as "Most Popular Elite Investors of the Year."
Nuro Partners with Kroger to Launch World's First Driverless Delivery Service for the General Public | Gaorong Ventures News
After extensive testing, Nuro's autonomous delivery vehicles will begin serving residents in Scottsdale, Arizona.
Gaorong Ventures was named to Forbes China's "2018 Best Venture Capital Firms TOP 10."
Chang Chen, Gao Xiang, and Yue Bin were named to Forbes China's "2018 Best Venture Capitalists" list.
The Gaorong Ventures Way: Know What to Do, Know What Not to Do
A matter of resolve.
Gaorong Ventures was named among the top three best venture capital funds at the 2018 Golden Bridge Awards and ranked in the top ten Chinese VC firms in Zero2IPO's 2018 rankings.
Create long-term value for society
Video Technology Company YouHua Tech Raises Tens of Millions of USD in Series B Funding | Gaorong Ventures News
We will continue to increase R&D investment. Strong technical and product capabilities are the foremost conditions for winning in the video space.
Congratulations to MOGU on its successful NYSE listing.
Make fashion within reach.
Aqara Completes B+ Strategic Funding Round, Making Smart Home Technology a Mass-Market Consumer Product
A more complete smart home experience.
Gaorong Ventures Closes $500 Million New Fund, Positioning Itself as a Long-Term Partner in Building Startup Value
Institutional LPs provide the capital foundation; entrepreneur LPs drive ecosystem value-add.
Chang Chen of Gaorong Ventures Honored as "Cyzone 2018 China Investor of the Year"
Be a value co-builder for startups.
Gaorong Ventures was named among the "Top 10 VC Firms of 2018 (Growth Stage)" by the China Venture Capital and Private Equity Association, among other honors.
Measuring the Value of Watchfulness by the Yardstick of Time
Gaorong Ventures' Xiang Gao in Conversation with HUYA Inc.'s Rongjie Dong: Live Streaming Still Has Plenty of Room to Grow
A Candid Conversation on Darkest Hours, IPO Traps, and the Future of Livestreaming
Testin Cloud Testing: A Typical Industrial Internet Startup Case Study | Gaorong Ventures Sharing
Make Apps More Valuable
