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.
On April 7, global market data research platform CB Insights, in partnership with DeepTech, released its 2020 "Global Emerging Technology Venture Capital Firms China List," with Gaorong Ventures making the cut.
CB Insights noted that the list aims to identify the capital forces in China that support early- and mid-stage startups, translate emerging technologies into commercial and social value, and achieve industrial synergy or financial returns within a certain timeframe — distinguishing the most noteworthy investment institutions in China's emerging technology sector.
The "emerging technologies" referenced in the list refer to technologies with large-scale commercialization potential, high scientific barriers and technical moats, requiring long-term R&D investment and sustained accumulation to develop, and playing a strong leading and supporting role in industrial development. These span sectors including semiconductor chips, artificial intelligence, new materials, new energy, biomedicine, and intelligent manufacturing. CB Insights' China team completed this inaugural hard-tech investment firm ranking based on its data systems and related algorithmic analysis, along with a series of research interviews.
As one of China's most active venture capital firms, Gaorong Ventures' vision is to "create" a better life through technology and innovation, believing that these forces will help humanity achieve a brighter future. The firm holds firm that technological development is an unstoppable trend — one that generates commercial value while bringing exponential change to human life. Gaorong Ventures approaches tech investment with reverence, going deep into AI, intelligent hardware, robotics, and other emerging technology domains. It seeks to understand technological evolution trends and identify top-tier teams with deep comprehension of those trends and the imagination and creativity to grasp their commercial value. Its portfolio includes world-class technology companies such as Nuro, YITU, Roborock (688169.SH), and NYSE: ZEPP. In the "Global Emerging Technology Venture Capital Firms China List," CB Insights gave the following rationale for Gaorong Ventures' inclusion:
A venture capital firm that holds a philosophy of believing in and respecting technology's value to humanity, conducts in-depth research into the technology itself, understands the characteristics of tech entrepreneurship, and collaborates with top research institutions, universities, and industry partners — demonstrating deep understanding of technological development trends and commercial application scenarios.
CB Insights noted that through this list's selection, it saw the patience and resolve of investment institutions in supporting the growth of emerging technologies. Despite the severe external environment in 2020, it still saw investors and investment firms daring to meet challenges alongside entrepreneurs, and felt the emerging era's force full of fervent hope.
