Where is TusStar's headquarters located?

TusStar's headquarters is located in Beijing (China).

How many companies has TusStar invested in?

TusStar has invested in 59 companies, including YITU & ORCA-TECH.

Which companies has TusStar invested in lately?

Xingyu Aerospace & EncoSmart are the latest investments by TusStar.

How many unicorns are there in TusStar's portfolio?

There is 1 unicorn in TusStar's portfolio.

TusStar - 2026 Investor Profile, Portfolio, Team & Investment Trends

TusStar, an accelerator and incubator program founded in 1999, is based in Beijing, China. With a presence in 2 countries, it has supported around 59 startups in sectors like High Tech, Enterprise Applications. As of Apr 2026, TusStar has 1 unicorn under its belt. Most notable companies in its portfolio include YITU, ORCA-TECH and Qianjue Technology. The program is backed by a team of 4 people who primarily support Seed startups based in China. Its latest investment was a Undisclosed Seed round in Xingyu Aerospace on Mar 19, 2026, which also saw participation from Longding Capital and Tsinghua University.

Key Metrics

Founded Year

1999

Location

Beijing, China

Portfolio Companies

YITU, ORCA-TECH & 57 more

Sectors of Investment

High Tech, Enterprise Applications & 19 more

Stages of Investment

Seed, Series A & 3 more

Locations of Investment

China & Taiwan

Unicorn in Portfolio

YITU

View TusStar's full profile

TusStar has a portfolio of 59 companies, one of which is a Unicorn. Their most notable investments are in Nuclei System Technology and Zhiyi Juxin Microelectronics Technology.Their portfolio spans across China and Taiwan. They have invested in High Tech, Enterprise Applications, Life Sciences and 18 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by TusStar:

1. YITU

Yitu provides AI-based business applications. It claims to have developed technologies for computer vision, natural language, knowledge reasoning, intelligent hardware and robotics for different business sectors such as security, finance, transportation, and healthcare. The company develops security systems, identification authentication, and recognition.

Key facts about YITU

Founded Year: 2012
Location: Xuhui (China)
Valuation: $*****
Stage: Series C
Total Funding till date: $385M
Employee Count: 392 as on Mar 31, 2026
Investors: Sequoia Capital, Rencent Capital and 20 Others
Latest Funding Round: Series C, Dec 21, 2023, $*****
Highlight: Editors' Pick

2. ORCA-TECH

Manufacturer of unmanned surface vessels for cleaning and leisure applications. The company provides autonomous boats designed for water surface cleaning, water quality monitoring, and aquatic plant harvesting. It also develops intelligent cruising boats intended for cultural tourism and waterside experiences. The vessels feature autonomous driving capabilities and are designed to create new business opportunities on the water.

Key facts about ORCA-TECH

Founded Year: 2017
Location: Xi An (China)
Stage: Series B
Total Funding till date: $50.3M
Investors: Gobi Partners, Plug and Play Tech Center and 12 Others
Latest Funding Round: Series B, Mar 10, 2026, $*****
Highlight: Editors' Pick

3. Qianjue Technology

Platform offering industrial robotics solutions. It is a platform that provides a collection of industrial robots, including welding robots for various industries.

Key facts about Qianjue Technology

Founded Year: 2023
Location: Beijing (China)
Stage: Seed
Total Funding till date: $13.9M
Investors: Vertex Ventures, Inno Angel Fund and 3 Others
Latest Funding Round: Seed, Dec 22, 2025, $*****

4. Nuclei System Technology

Key facts about Nuclei System Technology

Founded Year: 2018
Location: Wuhan (China)
Stage: Series A
Employee Count: 16 as on Jul 01, 2024
Investors: Xiaomi, BlueRun Ventures and 16 Others
Latest Funding Round: Series A, Aug 18, 2022, $*****

5. StarDetect

Provider of diversified AI powered satellite components. Its product portfolio includes a series of space experiment platforms including space astronomical exploration,space irradiation testing and fpga based configurable data acquisition systems as well as a series of on orbit high performance intelligent processing loads.

Key facts about StarDetect

Founded Year: 2020
Location: Haidian (China)
Stage: Series A
Total Funding till date: $14M
Employee Count: 5 as on Jul 01, 2024
Investors: Cowin Capital, Wuxi Capital and 8 Others
Latest Funding Round: Series A, Sep 28, 2025, $*****

View the full list of portfolio companies

TusStar has invested in 59 companies over the last 11 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Mar 2026, it has made 1 investment in this year. Its most recent first time investment was in Xingyu Aerospace and most recent follow-on round was in Zhiyi Juxin Microelectronics Technology.

Here are TusStar's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	1	0	1
2025	1	0	1
2024	1	0	1
2023	6	0	6
2022	14	1	15
2021	7	0	7
2020	6	0	6
2019	3	1	4
2018	8	0	8
2017	3	2	5

View all investments by TusStar

TusStar has made 32 investments in Seed stage with an average round size of $2.32M, 9 investments in Series A stage with an average round size of $8.25M, 8 investments in Angel stage with an average round size of $7.39M, 3 investments in Series B stage with an average round size of $15.2M and 1 investment in Series C stage.

Here are TusStar's investments by stage:

Stage of entry	No. of Investments
Seed	32
Series A	9
Angel	8
Series B	3
Series C	1

Note: We have considered here, only first round of investments

View all investments by TusStar

TusStar has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Industrial Goods and Manufacturing, Life Sciences and Business Services. Notably, it has invested in 39 Tech companies, 38 Enterprise (B2B) companies, 27 Software companies and at least 21 companies focusing on Tech hardware.

Here are TusStar's investments by sector:

Sector	No. of Investments
High Tech	20
Enterprise Applications	14
Industrial Goods and Manufacturing	9
Life Sciences	6
Business Services	4
Others	48

Note: We have considered here, only first round of investments

View all investments by TusStar

TusStar has made most investments in China (48), followed by Taiwan where it has made 1 investment.

Here are TusStar's investments by geography:

Country	No. of Investments
China	48
Taiwan	1

Note: We have considered here, only first round of investments

View all investments by TusStar

TusStar has made 1 investments in 2026 so far - Xingyu Aerospace.

Here are the most recent investments by TusStar:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Mar 19, 2026	Xingyu Aerospace	-	Seed	8725	Longding Capital [+4]
Jun 26, 2025	EncoSmart	China	Seed	4837	Guanghua Venture Capital [+1]
Nov 14, 2024	Qianjue Technology	China	Angel	6793	Inno Angel Fund [+1]
Dec 21, 2023	YITU	China	Series C	2237	Yunqi Partners [+3]
Sep 11, 2023	Infrawaves	China	Seed	8902	MiraclePlus [+2]

See more recent investments made by TusStar

TusStar has 1 unicorn in its portfolio - YITU. The most recent unicorn in their portfolio is YITU which became a unicorn in 2018, 5 years before TusStar first invested in it.

Here is a list of unicorns in TusStar's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
56	YITU	Provider of AI based decision intelligence platform for multiple sectors	2012	High Tech	Xuhui	Series C	asmkayx

View more details about unicorns in TusStar's portfolio

TusStar has a team of 4 members including 1 Partner and 2 Principals located in China and Australia. TusStar's team does not sit on the board of any company as of now.

Here is a list of all team members in TusStar:

Name	Designation	Location	Board Memberships	Contact Details
Anthony Coles	Partner	Adelaide	-	2 Emails
James Jiang	Principal	Chengdu	-	-
Sampson Wan	Principal	Xiamen	-	-

View team details of TusStar

Over the past 11 years, 184 investors have co-invested in TusStar's portfolio companies. This includes funds and angels.

Invested before TusStar: Hillhouse, Zhen Fund and 30 others have invested in rounds before TusStar. There are 2 companies where Hillhouse has invested before TusStar and 2 companies where Zhen Fund has invested before TusStar.
Top Co-investors of TusStar: 70 investors entered a company along with TusStar. These include investors like Inno Angel Fund (4 companies).
Invested after TusStar: A total of 82 investors have invested in TusStar's portfolio after their investments. Top Investors include Baidu Ventures (2 companies) and Shenzhen Capital Group (2 companies).