Portfolio map · VC firm · China

Cowin Capital portfolio map

42 startups Cowin Capital has backed in rounds we track, since 2014, grouped by their main sector. Together they have raised $1.4B. The biggest sector is Biotech, with 8 companies.

42startups backed
10sectors
$1.4Braised between them
Biotechbiggest sector

Cowin Capital's profile

Biotech

8

Manufacturing

7

Healthtech

5

Automotive & EVs

4

Hardware & Electronics

3

Logistics

3

Chemicals & Materials

3

E-commerce

3

Cybersecurity

3

Advanced Manufacturing

3

Segment by segment

Biotech

8 startups · $589M raised

  1. BBiocytogenChina$142M
  2. BiotheusBiotheus is a biotech company that focuses on the discovery and development of antibody-based therapeutics.China$115M
  3. TThriveUnited States$111M
  4. KKPBUnited States$76M
  5. Connect BiopharmaceuticalsConnect Biopharma is a developer of novel immune modulators for the treatment of serious autoimmune diseases and inflammation.China$75M
  6. MMobileMDChina$48M
  7. HPHexin PharmaceuticalHexin Pharmaceutical is a developer of nuclide drugs integrating targeted diagnosis and treatment.China$15M
  8. PGParadon GenomicsUnited States$8.0M

Manufacturing

7 startups · $190M raised

  1. SinevaSineva engages in R&D, manufacturing and sales of transfer robots, test robots, service robots and intelligent factory solutions.-$70M
  2. KingstronBioKingstronBio manufactures artificial heart valves and annuloplasty rings.China$47M
  3. Sigma Squares TechSigma Squares Tech is an automated manufacturing system developer.China$16M
  4. KossiKesi Intelligent is a company that specializes in motion controller systems and offers servo drive application services.China$15M
  5. WonsorWonsor focuses on automatic precision detection technology to provide professional detection solutions and chip-based products.China$14M
  6. POParkson OptoelectronicsParkson Optoelectronics is a company that provides cold processing services for hard and brittle materials.China$14M
  7. AAnpaixinAnpaixin manufactures thin-film lithium niobite photonic circuits and optical engines.China$14M

Healthtech

5 startups · $61M raised

  1. TendfoTendfo develops a medical device for pulmonary embolism interventional therapy.China$15M
  2. CPCrystal PharmatechCrystal Pharmatech is a solid-state drug development firm.China$15M
  3. Carbon MedtechCarbon Medtech focuses on non-vascular procedures and offers surgical supplies and equipment.China$14M
  4. ABAijie BoyaAijie Boya is a medical instrument and magnetic solid-phase material company.China$14M
  5. gipprogippro is a technology company in the big health industry.China$3.0M

Automotive & EVs

4 startups · $38M raised

  1. CARKUShenzhen Carku Technology Co., Ltd., established in 2011, is a high-tech enterprises specializing in R&D, production and sales of China$14M
  2. CChexingyiChexingyi is an online automotive aftermarket service provider.China$10M
  3. MapGooMapGoo is a technology company that offers automotive digital technology and operation services.China$7.5M
  4. SIRUNSirun Tianlang (Beijing) Technology Co., Ltd.China$6.8M

Hardware & Electronics

3 startups · $84M raised

  1. XShuaiXShuai is a home cinema equipment development company.China$38M
  2. HCHuachen Core LightHuachen Core Light is a semiconductor technology company that produces and manufactures optical communications and laser chips.China$28M
  3. Shanhai SemiconductorShanhai Semiconductor is a high-performance digital-analog hybrid and signal chain chip developer.-$18M

Logistics

3 startups · $200M raised

  1. ZZongmuZongmu Technology is a Chinese self-driving tech firm.China$185M
  2. AcctrueAcctrue is a supply chain information tracking solution provider.China$8.4M
  3. EcarayEcaray provides smart parking solutions for cities.China$5.9M

Chemicals & Materials

3 startups · $35M raised

  1. Guoyi QuantumGuoyi Quantum is a quantum measurement company who supply quantum sensors, scientific instruments, and equipment for analysis and testing.China$18M
  2. InRoadInRoad provides mobile information solution and management software for the industrial manufacturers.China$16M
  3. MMeinangaokeMeinangaoke is a R & D and manufacturer of new waterproof materials.China$1.4M

E-commerce

3 startups · $69M raised

  1. RRaycloudGuangyun Technology is an e-commerce software and service technology company.China$42M
  2. HPHuaqiang PCBHuaqiu is an electronic supply chain platform.China$15M
  3. ThunderobotThunderobot is a Chinese company specializing in gaming hardware and esports equipment.China$12M

Cybersecurity

3 startups · $104M raised

  1. LTLuoan TechnologyLuoan Technology provides industrial control network security services.-$74M
  2. TophantTophant is a innovative Internet security service provider in China.China$28M
  3. DdreamHuntdreamHunt develops multi-dimensional and multi-angle dynamic portrait recognition technology.China$1.4M

Advanced Manufacturing

3 startups · $47M raised

  1. SinsegyeSinsegye operates as a product-driven enterprise company.China$43M
  2. SnapmakerSnapmaker is a technology company based in Shenzhen, China, specializing in multifunctional, modular desktop digital fabrication tools.China$3.0M
  3. VintageYuntaiji Technology develops visual inspection instruments for appearance defect detection.China$809K

How this map is made. Every startup here has raised money in a round we track that names Cowin Capital as an investor, the first in 2014. Each sits under its main sector, read from its rounds, and each shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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