# CAS Star: portfolio, investments and team > CAS Star is a vc firm based in China. 113 investments on record, 21 in the last 12 months, latest Aug 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/cas-star (Millionrounds; every figure on the page links to its filing or article) China · [Investor](https://millionrounds.com/investors) # CAS Star Last cheque observed Aug 2026; 113 cheques on record. Deploying now VC firm Venture Series A Pre-seed Manufacturing Artificial Intelligence Deploying now **62%** of best year **21** **cheques in 12 months**, 113 on record Since the last cheque **86** days **00** hrs **00** min **00** sec Median round **$14M** Rounds led **0 of 113** Sole investor **65 rounds** Mostly in **United Kingdom, 33%** Pitch CAS Star ## CAS Star highlights - 01 21 cheques in the last 12 months - 02 Mostly Venture and Series A: 57% of its rounds - 03 Sole investor in 65 rounds, median $3.1M ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** Manufacturing Artificial Intelligence - **Based in:** Xi'an, China - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **113 appearances** - **2026** 12 rounds - **Aug** **[ALLYRNA Pharmaceuticals](https://millionrounds.com/company/allyrna-pharmaceuticals)** Seed · HK **$100M** With 1 other - **Jul** **[GLITTERINTECH LTD](https://millionrounds.com/company/glitterintech-ltd)** Seed · GB **$15M** Sole investor - **May** **[Picocom](https://millionrounds.com/company/picocom)** Venture · GB **Undisclosed** With 3 others - **Apr** **[Saphlux](https://millionrounds.com/company/saphlux)** Series C · US **$44M** With 2 others - **Mar** **[Zhizi Automobile](https://millionrounds.com/company/zhizi-automobile)** Venture **Undisclosed** Sole investor - **Mar** **[Weiguang Dianliang](https://millionrounds.com/company/weiguang-dianliang)** Seed **$14M** With 3 others - **Mar** **[AlpsenTek](https://millionrounds.com/company/alpsentek)** Venture · CH **Undisclosed** Sole investor - **Feb** **[Tianling Aerospace Technology](https://millionrounds.com/company/tianling-aerospace-technology)** Series A **$15M** Sole investor - **Jan** **[Memsilicon](https://millionrounds.com/company/memsilicon)** Seed **$14M** With 1 other - **Jan** **[Lead Health](https://millionrounds.com/company/lead-health)** Venture **Undisclosed** Sole investor - **Jan** **[Luanqi Technology](https://millionrounds.com/company/luanqi-technology)** Series B **$14M** Sole investor - **Jan** **[Coolyuan](https://millionrounds.com/company/coolyuan)** Venture **$14M** Sole investor - **2025** 30 rounds - **Dec** **[Easpeed Technology](https://millionrounds.com/company/easpeed-technology)** Venture **Undisclosed** Sole investor - **Dec** **[Yuanji Micro](https://millionrounds.com/company/yuanji-micro)** Seed **$14M** Sole investor - **Dec** **[DATAGO](https://millionrounds.com/company/datago)** Venture **Undisclosed** Sole investor - **Dec** **[Best-Link Bioscience](https://millionrounds.com/company/best-link-bioscience)** Series B **$37M** With 1 other - **Dec** **[Yitai Microelectronics](https://millionrounds.com/company/yitai-microelectronics)** Venture **Undisclosed** Sole investor - **Dec** **[Xingyuanzhi Robotics](https://millionrounds.com/company/xingyuanzhi-robotics)** Pre-seed **$14M** Sole investor - **Dec** **[Xi'an Maistop Technology](https://millionrounds.com/company/xi-an-maistop-technology)** Seed **$14M** Sole investor - **Nov** **[ATAPEX](https://millionrounds.com/company/atapex)** Series C **$56M** With 2 others - **Nov** **[Xingneng Xuanguang](https://millionrounds.com/company/xingneng-xuanguang)** Venture **Undisclosed** With 1 other - **Oct** **[Zhongzhi Keyi](https://millionrounds.com/company/zhongzhi-keyi)** Series A **$14M** Sole investor - **Oct** **[Matrixtime Robotics](https://millionrounds.com/company/matrixtime-robotics)** Venture **Undisclosed** With 1 other - **Sept** **[FrictionX](https://millionrounds.com/company/frictionx)** Seed **$14M** With 1 other - **Sept** **[Linkwise Technology](https://millionrounds.com/company/linkwise-technology)** Series B **$14M** With 1 other - **Sept** **[BasePoint Origin](https://millionrounds.com/company/basepoint-origin)** Pre-seed **$14M** With 3 others - **Sept** **[Jingcui Bio](https://millionrounds.com/company/jingcui-bio)** Venture **Undisclosed** Sole investor - **Sept** **[Jiangci Electronics](https://millionrounds.com/company/jiangci-electronics)** Venture **Undisclosed** Sole investor - **Sept** **[Lightelligence](https://millionrounds.com/company/lightelligence)** Series C · US **$210M** With 6 others - **Sept** **[Hangxing Transmission](https://millionrounds.com/company/hangxing-transmission)** Venture **Undisclosed** With 1 other - **Aug** **[Huaboron Neutron](https://millionrounds.com/company/huaboron-neutron)** Venture **Undisclosed** With 1 other - **Jul** **[Litai New Energy](https://millionrounds.com/company/litai-new-energy)** Pre-seed **$1.4M** Sole investor - **Jul** **[Qingcheng Jizhi](https://millionrounds.com/company/qingcheng-jizhi)** Venture **$14M** With 1 other - **Jun** **[Zhonghui Medicine](https://millionrounds.com/company/zhonghui-medicine)** Seed **$7.0M** Sole investor - **Jun** **[Ouye Semiconductor](https://millionrounds.com/company/ouye-semiconductor)** Series B **$14M** With 3 others - **Jun** **[Wenge Group](https://millionrounds.com/company/wenge-group)** Venture **Undisclosed** With 1 other - **May** **[Zhongke Bosheng](https://millionrounds.com/company/zhongke-bosheng)** Series A **$14M** With 1 other - **Apr** **[Data Treasure](https://millionrounds.com/company/data-treasure)** Series B **$27M** Sole investor - **Mar** **[FDMTEK](https://millionrounds.com/company/fdmtek)** Venture **Undisclosed** With 3 others - **Feb** **[Kemi Biotech](https://millionrounds.com/company/kemi-biotech)** Seed **$14M** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The cheque Venture Series A Pre-seed Median round joined **$14M** the round, not its cheque Alone, median **$3.1M** Led 0 of 113 rounds **0%** - **Sole investor:** 65 rounds - **Last cheque:** Aug 2026 Rounds by stage said on their site - Venture *34* - Series A *30* - Pre-seed *19* - Seed *11* - Series B *11* - Series C *7* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Baidu Ventures](https://millionrounds.com/fund/baidu-ventures) 5 - [Shenzhen Capital Group Co.](https://millionrounds.com/fund/shenzhen-capital-group) 5 - [Ant Group](https://millionrounds.com/fund/ant-group) 4 - [Addor Capital](https://millionrounds.com/fund/addor-capital) 3 - [CICC](https://millionrounds.com/fund/cicc) 3 - [Legend Star](https://millionrounds.com/fund/legend-star) 3 **Pitching CAS Star?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as CAS Star. A count of rooms they were both in, not a relationship either has claimed. [**Baidu Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/baidu-ventures)[**Shenzhen Capital Group Co.** Government **5** rounds together](https://millionrounds.com/fund/shenzhen-capital-group)[**Ant Group** Corporate VC **4** rounds together](https://millionrounds.com/fund/ant-group)[**Addor Capital** VC firm **3** rounds together](https://millionrounds.com/fund/addor-capital)[**CICC** Investment bank **3** rounds together](https://millionrounds.com/fund/cicc)[**Legend Star** VC firm **3** rounds together](https://millionrounds.com/fund/legend-star)[**Puhua Capital** VC firm **3** rounds together](https://millionrounds.com/fund/puhua-capital)[**ZhenFund** VC firm **3** rounds together](https://millionrounds.com/fund/zhenfund)[**FreeS Fund** VC firm **2** rounds together](https://millionrounds.com/fund/frees-fund)[**GSR** VC firm **2** rounds together](https://millionrounds.com/fund/gsr)[**GSR United Capital** VC firm **2** rounds together](https://millionrounds.com/fund/gsr-united-capital)[**Gaorong Capital** VC firm **2** rounds together](https://millionrounds.com/fund/gaorong-capital) ## Recently backed The latest companies CAS Star put money into. [**GLITTERINTECH LTD** $15M · Jul 2026](https://millionrounds.com/company/glitterintech-ltd)[**Picocom** May 2026](https://millionrounds.com/company/picocom)[**Saphlux** $44M · Apr 2026](https://millionrounds.com/company/saphlux)[**AlpsenTek** Mar 2026](https://millionrounds.com/company/alpsentek)[**Coolyuan** $14M · Jan 2026](https://millionrounds.com/company/coolyuan)[**Lightelligence** $210M · Sept 2025](https://millionrounds.com/company/lightelligence) ## Quick answers about CAS Star ### What does CAS Star invest in? CAS Star invests most often at Venture and Series A (57% of the rounds on record), in sectors such as Manufacturing and Artificial Intelligence. ### How active is CAS Star? 113 investments on record, 21 of them in the last 12 months. The most recent was in Aug 2026. ### What has CAS Star invested in recently? Its most recent investments on record: ALLYRNA Pharmaceuticals (Seed, Aug 2026), GLITTERINTECH LTD (Seed, Jul 2026) and Picocom (Venture, May 2026). ### How big are CAS Star's cheques? The median round it joins is $14M. ### Does CAS Star lead rounds? Rarely, if at all: none of its 113 investments on record names it as the lead. ### Where does CAS Star invest? Most of the companies it backs are in the United Kingdom (33%), the United States (33%) and Hong Kong SAR China (17%). ### Is CAS Star investing now? Yes: it is actively investing, with 21 investments in the last 12 months. ### Who does CAS Star invest alongside? Most often Baidu Ventures (5 rounds together), Shenzhen Capital Group Co. (5 rounds together) and Ant Group (4 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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