Xiaomi Inc. manufactures and distributes mobile phones and consumer electronics. The company also develops mobile applications. Xiaomi targets the lower-middle market and has gained a loyal fan base by incorporating user feedback into the design of its latest sets and Android skins. It offers internet value-added products including TV boxes, backpacks, phone screen protectors, earphones, and more. Its products include Redmi, an Android smartphone; MIUI ROM, a customizable ROM; MiTalk, a messaging application; Mi TV, a 3D television; MiBox, a set-top box; MIUI, an operating system; MiWiFi, a network router; MiPower Bank, an external battery; and more. Xiaomi Inc. was founded in April 2010 and is based in Beijing, China.

Xiaomi

Shunwei Capital is a venture capital fund that focuses on early to mid-stage investments in local internet industry. It specializes in incubation, startups, early to mid-stage, and growth capital investments. It seeks to invest in the technology, media, telecommunications, high technology, new media, games, internet finance, and rural area internet sectors. Their investors include sovereign wealth funds, fund of funds, university endowment funds, and family offices. Shunwei Capital is a China-based company that was founded in 2011 by Tuck Lye Koh and Lei Jun.

Shunwei Capital

Investors of Gaorong Capital include world-class sovereign wealth funds, university endowment funds, family foundations, pension funds and fund of funds, as well as successful entrepreneurs, including founders and managements of Tencent, Alibaba, Baidu, JD, Xiaomi, Focus Media and VIPShop. They will provide with valuable industry resources, entrepreneurial experience, and global perspectives.

Gaorong Capital

Sequoia Capital China is a VC firm focused on seed-stage, mid-stage, late-stage, and growth investments in the fintech sector. Sequoia Capital China has offices in Hong Kong, Beijing, Shanghai, Guangzhou, Hangzhou, Suzhou, and Shenzhen. Over the past nine years, Sequoia Capital China has an impressive and diverse portfolio comprising about 300 dynamic companies that deliver high returns on investment using differentiated technologies and innovative business models, including Alibaba, VIPshop.com, Sina.com, Didi, JD.com, Ourpalm, Qihoo 360, Jumei, Momo, SINNET, Dianping.com, Meituan, Meilishuo, Toutiao, AutoNavi, Ganji.com, DJI, VanceInfo, Noah Private Wealth Management, Wanda Cinemas, Alibaba Pictures, Plateno Hotels Group, Deppon Logistics, ZTO Express, Beta Pharma, Snibe Diagnostic, BGI, WEGO, and Yuwell Medical.

Sequoia Capital China

Banyan Capital Partners is a British Columbian private equity firm investing in middle-market companies.

Banyan Capital Partners

5Y Capital is a firm engaged in providing early-stage venture investments. It was formerly known as Morningside Venture Capital. The investment firm manages USD 5bn in dual-currency funds in USD and RMB, backed by world-renowned sovereign wealth funds, family offices, fund of funds, university endowments, pensions, and foundations. It was headquartered in Xuhui, Shanghai, China in 2008 by Ken Shi and Richard Liu.

5Y Capital

Huami

Pushing the envelope in MedTech with emerging technologies

Next-gen Medical Devices

Promaxo is a medical technology company that develops and commercializes compact and adaptable MRI systems for in-office use. The company's innovative MRI platform offers a truly open, single-sided design with a limited fringe field, allowing for seamless installation in an office setting without the need for shielding or facility upgrades. Promaxo's MRI system is FDA-cleared for urologists and interventional/urologic radiologists to perform surgical localization of prostatic lesions under MRI guidance.
The system leverages patented technologies to capture, reconstruct, and display magnetic resonance images of the prostate and surrounding tissues. It incorporates pre-programmed sequences and artificial intelligence to enhance image quality, making it suitable for targeted prostate biopsies and treatments such as high-intensity focused ultrasound (HIFU). Additionally, Promaxo's MRI system is compatible with conventional robotics, enabling live MRI-guided biopsies, treatment planning, robotic surgeries, radiation therapy, and ablative treatments.
As of October 2023, Promaxo has sold a total of 77 systems across 26 states since its commercial launch in the fourth quarter of 2021. In the third quarter of 2023 alone, the company sold 20 systems to various healthcare providers, including Summit Health, University Urology Associates of New Jersey, Academic Urology & Urogynecology of Arizona, and Rhode Island Hospital.

<div>
 
 Hyperfine, Inc. is a groundbreaking health technology company that has redefined brain imaging with its Swoop system - the world's first FDA-cleared portable magnetic resonance (MR) brain imaging system. Founded by Dr. Jonathan Rothberg in a technology-based incubator called 4Catalyzer, Hyperfine developed the Swoop system to revolutionize patient care through accessible, clinically relevant diagnostic imaging. The Swoop system combines ultra-low-field magnetic resonance technology with proprietary artificial intelligence to enable portable brain imaging. It can be wheeled directly to a patient's bedside, plugged into a standard electrical outlet, and controlled through a wireless tablet. The system produces T1, T2, FLAIR, and DWI (with ADC map) images within minutes. Hyperfine has continued to enhance the Swoop system's capabilities, receiving multiple FDA clearances for software updates that improve image quality across all sequences. The company went public in 2021 and is traded on the Nasdaq under the ticker HYPR. For the third quarter of 2023, Hyperfine reported revenues of USD 2.33 million and sold six commercial Swoop systems. The company is actively managing spending while focusing on innovation, clinical evidence generation, and commercialization.
 
 
 
 
 Key customers and partnerships
 
 
 
 
 
 Hyperfine has deployed Swoop systems at several major US hospitals, including Yale New Haven Hospital, University of California Irvine Medical Center, and Ohio State University Wexner Medical Center. The company has expanded internationally, with systems installed in countries like Pakistan, Bangladesh, and Uganda through collaborations with organizations like the Bill &amp; Melinda Gates Foundation. Hyperfine is actively expanding its global reach, having appointed distributors in key European markets including France, the UK, and Italy. The company has also entered into a distribution agreement to develop markets in Asia, including India. Hyperfine collaborates with research institutions and is involved in several clinical studies, including an upcoming Alzheimer's feasibility study and the ACTION PMR study for stroke diagnosis and treatment. As of May 2024, Hyperfine announced partnerships to expand into 12 European countries and key Asian markets, significantly broadening its international presence.
 
</div>

A new generation of building blocks for emerging tech

Next-gen Semiconductors

SiFive is a fabless semiconductor company founded in 2015 that specializes in designing processor cores and chips based on the open-source RISC-V instruction set architecture. The company provides commercial RISC-V-based platforms and custom silicon solutions, offering a range of processor core IP, development boards, and SoCs. SiFive's technology enables system designers to quickly and easily build custom chips for various applications including data centers, networking, storage, and edge computing. The company's cores offer 30-40% better power efficiency and a smaller size compared to alternatives, allowing for more cores on a chip. SiFive's online platform simplifies the process of designing and testing chips and core IP, even for those new to silicon development. In September 2020, SiFive appointed Patrick Little as President and CEO to accelerate adoption of its technology for next-generation computing solutions. As of March 2022, SiFive had a post-money valuation between USD 1-10 billion.
Key customers and partnerships
SiFive has collaborated with several high-profile organizations. In 2022, NASA announced that SiFive's RISC-V-compatible CPU cores would power its new High-Performance Spaceflight Computer, expected to deliver a 100-fold improvement in performance over its predecessor. SiFive has also worked with the Barcelona Supercomputing Center to create an open-source API for popular compilers, enabling applications to use the RISC-V Vector Extension for high-performance computing, artificial intelligence, and computer vision. The company has partnerships with major technology firms, as evidenced by its involvement in initiatives supporting RISC-V International.

GreenWaves Technologies, founded in 2014, is a fabless semiconductor company that designs ultra-low power application processors for energy-constrained battery-powered devices. The company's focus is on developing processors that enable artificial intelligence and advanced classification in wireless sensing devices for various internet of Things (IoT) applications. GreenWaves' processors, based on the open-source RISC-V architecture, are designed to perform ultra-low-latency filtering with sophisticated digital signal processing and artificial intelligence while consuming only a few milliwatts of power.
The company's product line includes the GAP8, GAP9, and the upcoming GAP10 processors. The GAP8, launched in February 2018, features eight RISC-V cores and is designed for IoT applications such as image recognition, people and object counting, machine health monitoring, and speech recognition. The GAP9, which adds another RISC-V core, provides five to 10 times more compute power than GAP8 while consuming the same or less power. It is primarily targeted at the hearables market, enabling advanced features like neural network-based audio processing, Automatic Noise Cancellation (ANC), and active sound transparency.
GreenWaves' processors have demonstrated impressive performance in benchmarks. In the MLPerf Tiny v1.0 inference benchmark, the GAP9 recorded the lowest latencies and power consumption among tested processors across all tasks. The company's technology allows for energy-efficient data processing by optimizing memory architecture and reducing data movement across the chip.
The company is currently developing its next-generation processor, GAP10, which is expected to mark GreenWaves' entry into the automotive market. As of March 2023, GreenWaves had shipped 150,000 units of its first product, with sales approaching USD 1 million. The company aimed to ramp up production and bring GAP9 to market, targeting total sales of a few million dollars in 2023 and potentially tens of millions in the following year.
Key customers and partnerships
GreenWaves Technologies has gained traction in various markets with its processors. In the IoT sector, a Chinese customer uses GAP8 for smart cameras that capture daily images of analog gas meters, infer readings using machine learning, and upload data to the cloud. Another customer employs GAP8 in cameras that determine office space occupancy and transmit data to building management software.
In the hearables market, GreenWaves has secured significant interest for its GAP9 processor from tier-one TWS (True Wireless Stereo) vendors. These companies are leveraging GAP9 to introduce novel audio features such as Neural Network-based Noise Filtering and Adaptive Transparency in their products.

Reinventing how computers think based on biological neural networks

Neuromorphic Computing

GreenWaves Technologies, founded in 2014 and based in Grenoble, France, is a fabless semiconductor company that designs and markets ultra-low power processors for energy-constrained devices. The company's primary focus is on developing system-on-chips (SoCs) for applications in hearables, wearables, IoT, and medical monitoring products. GreenWaves' processors enable sophisticated artificial intelligence and digital signal processing capabilities while consuming minimal power, allowing for the development of intelligent, battery-operated sensing devices.
The company's product line includes the GAP8 and GAP9 processors, which are based on the open-source RISC-V architecture. The GAP8, launched in February 2018, features eight RISC-V cores and is designed for IoT applications. The GAP9, a more advanced processor, adds another RISC-V core and provides five to 10 times more compute power than GAP8 while maintaining similar or lower power consumption. In the MLPerf Tiny v1.0 inference benchmark, GAP9 recorded the lowest latencies and power consumption among tested processors across all tasks.
GreenWaves' processors are particularly well-suited for applications requiring sophisticated audio processing. For instance, the GAP9 enables low-power neural network-based audio processing for features such as Automatic Noise Cancellation (ANC), active sound transparency, and head-tracking based spatial audio in hearables. The company's technology can process audio on the edge, reducing latency compared to cloud-based processing.
As of February 2023, GreenWaves had shipped 150,000 units of its first product, generating nearly USD 1 million in sales. The company was aiming to achieve total sales of a few million dollars in 2023 and tens of millions in 2024. GreenWaves is also developing its next-generation processor, GAP10, which is expected to target the automotive market.

Hyperfine is the groundbreaking medical device company that created Swoop®, the world’s first FDA-cleared point-of-care MRI system. Hyperfine designed Swoop to enable rapid diagnoses and treatment for every patient regardless of income, resources, or location, pushing the boundaries of conventional imaging technology and expanding patient access to life-saving care. The Swoop Portable MR Imaging System™ produces high-quality images at a low magnetic field strength, allowing clinicians to quickly scan, diagnose, and treat patients in various clinical settings. Swoop can be wheeled directly to the patient’s bedside, plugged into a standard electrical wall outlet, and controlled by an iPad®. Designed as a complementary system to conventional MRIs at a fraction of the cost, Swoop captures images in minutes, providing critical decision-making capabilities in emergency departments, operating rooms outside the sterile field, and intensive care units, among others.

Promaxo is a medical technology company that develops and commercializes customer-centric MRI systems, and MRI compatible robotics and machine learning based technologies that enhance patients' lives and redefine the standard of care. Using proprietary technologies protected by 55+ patents, the Company is bringing the first MRI and robotics guidance system for in-office use. Products in the pipeline include disposables and an AI-based tissue characterization system.

Snowball is a platform that is engaged in OnBoard and mobile ticketing. They provide on-site support through a designated Public Transit Agency Operations Manager that is assigned to each on-boarded public transit agency. They are also involved in offering a one-stop solution for public transit agencies.

SiFive designs chips for the semiconductor industry. It offers the system on a chip for the microcontroller, embedded, IoT, and wearable applications; and toolset to provide debug capabilities. SiFive brings the power of open source and software automation to the semiconductor industry, making it possible to develop new hardware faster and more affordably than ever before. With the platform for designing, testing, and building RISC‑V-based core IP and chips, they’re accelerating the pace of innovation for businesses large and small.

GreenWaves Technologies is a fabless semiconductor start-up designing disruptive ultra-low power application processors for image and sound processing and analysis. GAP processor excell at multi-dimensional computing (AI, DSP, ultra low latency DSP). GAP8 primarily serves IoT. GAP9 serves hearables and IoT.

INSO is an online store that sells electric portable products. INSO creates and manufactures tool products that improve people's lives. They provide payment, shipping, return, and refund services for customers. The portable bidet and shower phone holder are two of INSO's products.

Intexh Mobile engages in the development of mobile internet platforms.

FaceAll is a national high-tech enterprise, a high-tech firm in Zhongguancun, and a software enterprise in Beijing. The company has applied for almost 50 invention patents, 50 trademarks, and 20 software copyrights, as well as several industry certification standards. Our company's core staff has worked with Nokia, France Telecom, Fujitsu, Microsoft, Intel, and other Fortune 500 firms, as well as years of management, development, and service experience.

Launched in 2014, Huami is the top #1 wearable device company in the world, ahead of Apple and Fitbit, with over 50 million units sold. Huami's mission is to seamlessly connect biomechanical signals and daily activities with smart data services to promote healthy living and to make our lives easier. The product line of fashionable activity trackers and smartwatches under the Amazfit brand, including the Pace, Arc, Cor, Bip, Moonbeam and Equator, effortlessly track activity without sacrificing style. Huami is the exclusive provider of wearable technology for Xiaomi and maker of the Mi Band. Huami has raised $35 million from Sequoia Capital, Shunwei Capital Partners, Banyan Capital, Morningside Ventures and Xiaomi. The company is privately-held and headquartered in Beijing and and Mountain View, CA.

Humai

Huami will unveil 3rd gen of its Huangshan wearable chip

From counting steps to saving lives and beyond

Wearable Tech

Wearable devices in form factors, such as wristwear and rings, designed to monitor and track various aspects of a person's physical activity, health, and wellness

Wearable entertainment devices designed primarily for entertainment and leisure purposes. These come in the form of hearables, wearable cameras, personalized smart devices, etc.

Apparel that incorporate electronic components, sensors, and connectivity features to provide functionalities beyond traditional clothing and accessories

Specialized wearable devices designed for use in industrial and work settings. These include safety wearables that come in the form of head-mounted devices, smart gloves, exoskeletons, etc.

Wearable devices, which are designed to monitor, collect, and transmit various health-related data, and wearable assistive devices. These come in the form of cardiac monitoring devices, glucose monitors, wearable pulse oximeters, hearing impairment aids, visual aids, etc.

Humai

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