About Chuangxin Innovation Works
Chuangxin Innovation Works is a venture capital firm founded in 2009. It is primarily based out of Beijing, China. As of Jul 2026, Chuangxin Innovation Works is an active investor, having invested in 76 companies, with 3 new investments in the last 12 months. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Life Sciences. Most recently it participated in the $***** Angel round of Gestala Overall, Chuangxin Innovation Works portfolio has seen 1 unicorn, 1 IPO and 1 acquisition, namely Meitu, MEGAROBO and ColorWow. A lot of funds co-invest with Chuangxin Innovation Works, with names like Sinovation Ventures sharing a substantial percentage of its portfolio. Chuangxin Innovation Works has team of 30 people including 24 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Series A, Series B & 5 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Deals in last 12 months
Chuangxin Innovation Works' List of Top Investments
Chuangxin Innovation Works has a portfolio of 76 companies, one of which is a Unicorn. Their most notable investments are in Shuidihuzhu and Defeng Technology.Their portfolio spans across China, France, Singapore and 1 more locations. They have invested in High Tech, Enterprise Applications, Life Sciences and 28 other sectors, across stages such as Series A, Series B and 5 more. Here is the list of top investments by Chuangxin Innovation Works:
1. Meitu
Developer of image, video, and design creation software and applications. The company provides tools for portrait photography, video enhancement, and e-commerce design. It offers platforms and resources for image editing and artificial intelligence solutions. The company also focuses on sustainability and corporate governance.
Key facts about Meitu
- Founded Year: 2008
- Location: Xiamen (China)
- Stage: Public
- Total Funding till date: $525M
- Employee Count: 655 as on May 31, 2026
- Investors: Foxconn Electronics, Temasek and 19 Others
- Latest Funding Round: Post IPO, May 21, 2025, $*****
- Highlight: Public
2. Prophesee
Platform for perception sensors and camera technologies. It helps users understand systems designed to capture movement and visual information through structured technical details. The platform supports exploring components that improve real time perception across various applications. It offers insights into tools built for advanced sensing and imaging needs.
Key facts about Prophesee
- Founded Year: 2014
- Location: Paris (France)
- Annual Revenue: €0 - €1M as on Dec 31, 2023
- Stage: Series C
- Total Funding till date: $127M
- Employee Count: 87 as on Jul 31, 2026
- Investors: 360 Capital Partners, Robert Bosch Venture Capital and 16 Others
- Latest Funding Round: Series C, Sep 22, 2022, $*****
- Highlight: Editors' Pick
3. MEGAROBO
Provider of robotic solutions for industrial laboratory automation. It leverage robotics and AI technologies to enhace productivity and productivity in various life sciences applications, including drug discovery and clinical diagnostics. It provides solutions for throughput drug screening, automated cell line development, and synthetic biology.
Key facts about MEGAROBO
- Founded Year: 2016
- Location: Singapore (Singapore)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $427M
- Employee Count: 71 as on May 31, 2026
- Investors: Asia Investment Capital, Robert Bosch Venture Capital and 19 Others
- Latest Funding Round: Series C, Jun 15, 2022, $*****
- Highlight: Editors' Pick
4. XAG
Manufacturer of agricultural drones, robots, autopilot consoles, and smart farm systems. The company offers drones for spraying, spreading, field mapping, and logistics. Agricultural rovers are available for plant protection and farm material delivery. The autopilot consoles bring automated steering to tractors. Smart fertigation systems and IoT products extend automation to irrigation and nutrient management.
Key facts about XAG
- Founded Year: 2007
- Location: Tianhe (China)
- Stage: Series C
- Total Funding till date: $248M
- Employee Count: 110 as on Jul 31, 2026
- Investors: SoftBank Vision Fund, Chengwei Capital and 6 Others
- Latest Funding Round: Series C, Sep 25, 2023, $*****
- Highlight: Editors' Pick
5. VIPCODE
VIPCODE provides online instructor-led programming courses for students. It provides one-on-one live classes, projects, assessments, etc. Its courses are offered to learn python language programming, drone & robot programming, information science Orsay programming, artificial intelligence, etc. It also offers summer courses and provides certification after completion of course.
Key facts about VIPCODE
Chuangxin Innovation Works' Year-on-Year Investment Trends
Chuangxin Innovation Works has invested in 76 companies over the last 13 years, with an average of 7 new investments annually in the last 10 years. As of Jul 2026, it has made 3 investments in this year. Its most recent first time investment was in Gestala and most recent follow-on round was in XAG.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 3 | 2 | 5 |
2022 | 12 | 0 | 12 |
2021 | 22 | 2 | 24 |
2020 | 15 | 2 | 17 |
2019 | 7 | 3 | 10 |
2018 | 5 | 0 | 5 |
2017 | 3 | 0 | 3 |
Chuangxin Innovation Works' Investments by Stage
Chuangxin Innovation Works has made 31 investments in Series A stage with an average round size of $43.7M, 14 investments in Series B stage with an average round size of $24.5M and 12 investments in Seed stage with an average round size of $1.46M.Stage of entry | No. of Investments |
|---|---|
Series A | 31 |
Series B | 14 |
Seed | 12 |
Angel | 7 |
Series C | 6 |
Others | 2 |
Note: We have considered here, only first round of investments
Chuangxin Innovation Works' Investments by Sector
Chuangxin Innovation Works has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Life Sciences, Consumer and Retail. Notably, it has invested in 48 Tech companies, 36 Enterprise (B2B) companies, 27 Software companies and at least 16 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 16 |
Enterprise Applications | 14 |
Life Sciences | 11 |
Consumer | 10 |
Retail | 7 |
Others | 82 |
Note: We have considered here, only first round of investments
Chuangxin Innovation Works' Investments by Geography
Chuangxin Innovation Works has made most investments in China (66), followed by France where it has made 2 investments.Country | No. of Investments |
|---|---|
China | 66 |
France | 2 |
Singapore | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Chuangxin Innovation Works' recent investments
Chuangxin Innovation Works has made 3 investments in 2026 so far. Gestala and FrameLeap Technology are the latest among them.Here are the most recent investments by Chuangxin Innovation Works:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 03, 2026 | China | Angel | 4672 | [+5] | |
Jun 04, 2026 | - | Angel | 7180 | [+2] | |
Feb 14, 2026 | - | Angel | 2863 | [+8] | |
Sep 25, 2023 | China | Series C | 7336 | - | |
Aug 09, 2023 | China | Series A | 7220 |
Unicorns in Chuangxin Innovation Works' Portfolio
Chuangxin Innovation Works has 1 unicorn in its portfolio - MEGAROBO. The most recent unicorn in their portfolio is MEGAROBO which became a unicorn in 2022, 1 years after Chuangxin Innovation Works first invested in it.Here is a list of unicorns in Chuangxin Innovation Works' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Provider of robotic solutions for industrial laboratory automation | 2016 | Singapore | Series C | j{izbjv |
IPOs and Publicly Listed companies in Chuangxin Innovation Works' Portfolio
1 of Chuangxin Innovation Works' portfolio company became public - Meitu. It got listed on the Hong Kong Exchanges (HKG), in Dec 2016 at marketcap of undefinedHere are Chuangxin Innovation Works' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 15, 2016 | Oct 2013 | Series A | 2107 |
Acquired companies in Chuangxin Innovation Works' Portfolio
1 company from Chuangxin Innovation Works' portfolio has been acquired. The most recent acquisition was ColorWow in Jun 2025 by L'Oreal for $*****.Here are Chuangxin Innovation Works' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 30, 2025 | Mar 08, 2021 | Series A | 8717 |
Team profile of Chuangxin Innovation Works
Chuangxin Innovation Works has a team of 30 members including 24 Partners and 4 Principals located in China and Switzerland. Chuangxin Innovation Works' team does not sit on the board of any company as of now.Here is a list of top team members in Chuangxin Innovation Works:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | China | - | ||
Partner | Chaoyang | - | ||
Partner | Zurich | - | ||
Partner | Haidian | - | - | |
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | Zhoukou | - |
Co-investors of Chuangxin Innovation Works
Over the past 13 years, 289 investors have co-invested in Chuangxin Innovation Works's portfolio companies. This includes funds and angels.
- Invested before Chuangxin Innovation Works: Sinovation Ventures, NLVC and 79 others have invested in rounds before Chuangxin Innovation Works. There are 4 companies where Sinovation Ventures has invested before Chuangxin Innovation Works and 3 companies where NLVC has invested before Chuangxin Innovation Works.
- Top Co-investors of Chuangxin Innovation Works: 122 investors entered a company along with Chuangxin Innovation Works. These include investors like Sinovation Ventures (5 companies).
- Invested after Chuangxin Innovation Works: A total of 86 investors have invested in Chuangxin Innovation Works's portfolio after their investments. Top Investors include Sinovation Ventures (5 companies), China Merchants Capital (3 companies) and Guangzhou Yuexiu Industrial Investment Fund Management (3 companies).
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