About Glory Ventures
Glory Ventures is a venture capital firm founded in 2015. It is primarily based out of Shanghai, China. As of Jun 2026, Glory Ventures is an active investor, having invested in 72 companies, with 2 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 Semiconductors. Most recently it participated in the $***** Series A round of Syne Neuro Overall, Glory Ventures portfolio has seen 1 unicorn, 4 IPOs and 1 acquisition including key companies like Innoviz, Biren Technology and Hailo. A lot of funds co-invest with Glory Ventures, with names like Yunqi Partners sharing a substantial percentage of its portfolio. Glory Ventures has team of 12 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series A, Seed & 3 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Glory Ventures' List of Top Investments
Glory Ventures has a portfolio of 72 companies, one of which is a Unicorn. Their most notable investments are in Suzhou Shanhe Analog & Digital Microelectronics and Senscomm.Their portfolio spans across China, Israel, United States and 2 more locations. They have invested in High Tech, Enterprise Applications, Semiconductors and 16 other sectors, across stages such as Series A, Seed and 3 more. Here is the list of top investments by Glory Ventures:1. Innoviz
Developer of LiDAR sensors and perception software for autonomous vehicles. The company provides long-range and short- to mid-range LiDAR products. It offers perception software and smart applications for security, mobility, aerial robotics, and traffic intelligence. The company's products are designed for integration into autonomous driving systems.
Key facts about Innoviz
- Founded Year: 2016
- Location: Rosh Haayin (Israel)
- Stage: Public
- Total Funding till date: $252M
- Employee Count: 471 as on Jun 30, 2026
- Investors: Vertex Ventures Israel, Samsung Catalyst Fund and 31 Others
- Latest Funding Round: Series C, Jun 10, 2019, $*****
- Highlight: Public
Developer of AI acceleration modules, cards, and software development platforms. The company provides products applicable to AI data centers, telecommunications, AI solutions, and the energy sector. Its offerings include air-cooled OAM modules, liquid-cooled OAM modules, and high-performance AI acceleration cards. It also develops software for hardware and software co-innovation.
Key facts about Biren Technology
- Founded Year: 2019
- Location: Minhang (China)
- Stage: Public
- Total Funding till date: $904M
- Employee Count: 122 as on Jun 30, 2026
- Investors: Greater Bay Area Homeland Investments, Ping An and 37 Others
- Latest Funding Round: Series C, Jun 26, 2025, $*****
- Highlight: Public
3. Hailo
Provider of neural learning processors for edge AI applications. The processors can be embedded into devices and they comprise an architecture that enables edge devices to run deep learning applications instead of using the cloud. Its features include real-time operation, reduced power consumption, as well as a software development kit co-developed with the hardware. It caters to automotive, smart cities and smart homes, drones, wearables, and AR/VR industries.
Key facts about Hailo
4. Axera
Developer of AI-based visual processing chip for visual computing applications. It develops AI-based integrated chips with high-computing power and low power consumption. Its features include high performance and image quality, and multi-camera joint applications. It has applications in smart cities, home security, transportation, and industrial manufacturing sectors.
Key facts about Axera
- Founded Year: 2019
- Location: Haidian (China)
- Stage: Public
- Total Funding till date: $262M
- Investors: Granite Asia, Tencent and 14 Others
- Latest Funding Round: Series C, Apr 11, 2025, $*****
- Highlight: Public
5. MemVerge
MemVerge is a hyper-converged infrastructure solution provider. It uses proprietary distributed memory objects and a memory converged infrastructure system. It leverages Intel’s Optane DC persistent memory to offer large-scale memory and sub-microsecond response time and manages data-centric workload. It can be used to train AI models, analyze bigger datasets, complete more queries in less time, and run complex workloads with fewer resources.
Key facts about MemVerge
- Founded Year: 2017
- Location: San Jose (United States)
- Stage: Series A
- Total Funding till date: $43.5M
- Employee Count: 65 as on May 31, 2026
- Investors: LDV Partners, Gaorong Capital and 20 Others
- Latest Funding Round: Series A, May 12, 2020, $*****
- Highlight: Editors' Pick
Glory Ventures' Year-on-Year Investment Trends
Glory Ventures has invested in 72 companies over the last 11 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Jun 2026, it has made 2 investments in this year. Its most recent first time investment was in Syne Neuro and most recent follow-on round was in SiliconFlow.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 0 | 1 | 1 |
2024 | 5 | 2 | 7 |
2023 | 6 | 1 | 7 |
2022 | 15 | 4 | 19 |
2021 | 7 | 7 | 14 |
2020 | 11 | 1 | 12 |
2019 | 5 | 2 | 7 |
2018 | 6 | 0 | 6 |
2017 | 2 | 0 | 2 |
Glory Ventures' Investments by Stage
Glory Ventures has made 24 investments in Series A stage with an average round size of $30.4M, 18 investments in Seed stage with an average round size of $7.22M, 8 investments in Angel stage with an average round size of $4.51M, 8 investments in Series B stage with an average round size of $130M and 3 investments in Series C stage with an average round size of $151M.Stage of entry | No. of Investments |
|---|---|
Series A | 24 |
Seed | 18 |
Angel | 8 |
Series B | 8 |
Series C | 3 |
Note: We have considered here, only first round of investments
Glory Ventures' Investments by Sector
Glory Ventures has a diverse portfolio, with companies operating in the Semiconductors, High Tech, Enterprise Applications, Auto Tech and Enterprise Infrastructure. Notably, it has invested in 52 Tech companies, 46 Enterprise (B2B) companies, 31 Tech hardware companies and at least 20 companies focusing on Software.Sector | No. of Investments |
|---|---|
Semiconductors | 25 |
High Tech | 21 |
Enterprise Applications | 13 |
Auto Tech | 7 |
Enterprise Infrastructure | 7 |
Others | 38 |
Note: We have considered here, only first round of investments
Glory Ventures' Investments by Geography
Glory Ventures has made most investments in China (41), followed by Israel where it has made 6 investments.Country | No. of Investments |
|---|---|
China | 41 |
Israel | 6 |
United States | 5 |
Singapore | 1 |
Switzerland | 1 |
Note: We have considered here, only first round of investments
Glory Ventures' recent investments
Glory Ventures has made 2 investments in 2026 so far - Syne Neuro and Leapting.Here are the most recent investments by Glory Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 12, 2026 | - | Series A | 8203 | ||
Mar 18, 2026 | China | Series A | 1704 | [+1] | |
Feb 19, 2025 | Singapore | Seed | 4283 | ||
Sep 10, 2024 | China | Series B | 2468 | [+2] | |
Jul 29, 2024 | China | Seed | 8451 | - |
Unicorns in Glory Ventures' Portfolio
Glory Ventures has 1 unicorn in its portfolio - Cloud Leopard. The most recent unicorn in their portfolio is Cloud Leopard which became a unicorn in 2022.Here is a list of unicorns in Glory Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
32 | Developer of data processing unit (DPU) chips and related solutions | 2020 | Shenzhen | Series B | jkzszlr |
IPOs and Publicly Listed companies in Glory Ventures' Portfolio
4 of Glory Ventures' portfolio companies have become public. Axera got listed on the Hong Kong Exchanges (HKG), in Feb 2026 at marketcap of $2.12B and Biren Technology got listed on the Hong Kong Exchanges (HKG) at marketcap of $6.04B.Here are Glory Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 10, 2026 | Apr 07, 2021 | Series A | 4768 | |
Jan 02, 2026 | Jun 15, 2020 | Series A | 8577 | |
Apr 22, 2022 | Nov 26, 2020 | Series B | 7690 | |
Apr 06, 2021 | Sep 07, 2017 | Series B | 9743 |
Acquired companies in Glory Ventures' Portfolio
1 company from Glory Ventures' portfolio has been acquired. The most recent acquisition was Hailo in Jul 2026 by Microchip Technology for $*****.Here are Glory Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 24, 2026 | Jan 22, 2019 | Series A | 5200 |
Team profile of Glory Ventures
Glory Ventures has a team of 12 members including 4 Partners and 3 Principals located in China. Glory Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Glory Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Shanghai | - | ||
Partner | Shanghai | - | - | |
Partner | Shanghai | - | - | |
Partner | China | - | - | |
Principal | Shanghai | - | - | |
Principal | Shenzhen | - | - | |
Principal | Shanghai | - | - |
Co-investors of Glory Ventures
Over the past 11 years, 404 investors have co-invested in Glory Ventures's portfolio companies. This includes funds and angels.
- Invested before Glory Ventures: Zohar Zisapel, OurCrowd and 58 others have invested in rounds before Glory Ventures. There are 2 companies where Zohar Zisapel has invested before Glory Ventures and 2 companies where OurCrowd has invested before Glory Ventures.
- Top Co-investors of Glory Ventures: 174 investors entered a company along with Glory Ventures. These include investors like Yunqi Partners (4 companies).
- Invested after Glory Ventures: A total of 170 investors have invested in Glory Ventures's portfolio after their investments. Top Investors include Europa (3 companies), China Merchants Capital (2 companies) and Shenzhen Capital Group (2 companies).
Recent News related to Glory Ventures
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Domestic AI startup SiliconFlow completes a new round of 100 million yuan RMB financingIthome•Feb 19, 2025•SiliconFlow, Mingxin China Growth Fund, Puhua Capital, Glory Ventures and 7 others
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China's DeepRoute.ai raises $100 mln as smart driving adoption speeds upTradingView•Nov 04, 2024•Deeproute.ai, Jeneration, Fosun RZ Capital, Yunqi Partners and 4 others
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Zhejiang Aoshi completed a series A financing of over 100 million yuan, with general manager Liu Wei holding 39%CICC online•Apr 08, 2024•OriOSMO, ZSVC, Caitong Innovation, Glory Ventures and 2 others
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NeuReality, participated by Cardumen Capital, completes its $20M round to make the adoption of Artificial Intelligence cheaperCapital-Riesgo.es•Mar 21, 2024•NeuReality, Cardumen Capital, European Innovation Council, Varana Capital and 6 others
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"Gravity" received hundreds of millions of yuan in Series A financing, led by Lisi CapitalCui Niuhui•Oct 11, 2023•LISI, Nbtsg, GravityXR, China Merchants Group and 3 others
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Qianmulaser secures nearly CNY 100 mn in fundingEqualOcean•Jul 21, 2023•Qianmu Laser, OPPO, Glory Ventures, Tianjin Venture Capital and 1 other
