Investments
287Portfolio Exits
23Funds
15Latest Green Pine Capital Partners News
Mar 23, 2022
(Source: DexForce) DexForce, a 3D vision software and hardware product company, has recently completed an angel round of financing worth nearly $10 million, with investors including Green Pine Capital Partners and ZhenFund, according to a report by 36Kr . The funds obtained from this round will be invested in the R&D of products and talent recruitment. Established in June 2021, DexForce focuses on the R&D of 3D vision products, providing cameras, algorithms and integrated solutions of software and hardware. At present, its solutions have been applied to industrial manufacturing scenarios including semiconductors, 3C (computer, communication and consumer electronics), automobiles and metal processing. The company’s core business are technology and products. Li Ping, CTO of DexForce, said that it uses 3D geometry deep learning technology to solve different problems in industrial manufacturing based on the 3D digital twinning and mixed AI. The mixed AI platform, which is independently developed by the company, integrates data generated by simulation rendering, geometric depth learning model design and domain adaptive model training. It thus can realize the integration of imaging perception at a low cost. As for the products, DexForce developed an industrial 3D vision depth camera, which was matched with algorithm model training and industrial software to provide customers with integrated 3D vision capability. Aiming at the application of different space sizes, it has released two depth cameras, which have been mass-produced to meet the needs of flexible production. The scale of the machine vision market is constantly expanding. The global market is now worth about 100 billion yuan ($15.7 billion), and it is still growing at a rate of more than 14% every year. China occupies 20% of the global market while the domestic manufacturing industry accounts for over 30% of the global market. There is still a broad space for demand of machine vision technology.
Green Pine Capital Partners Investments
287 Investments
Green Pine Capital Partners has made 287 investments. Their latest investment was in DEXFORCE as part of their Seed VC on March 3, 2022.
Green Pine Capital Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/23/2022 | Seed VC | DEXFORCE | $10M | Yes | 2 | |
3/10/2022 | Series A - II | TenFong | Yes | CDB Venture Capital, China-Singapore Guangzhou Knowledge City, Co-Stone Venture Capital, Haohan Investment, Hillhouse Capital Management, JCP Capital, Linear Venture, Nanshan Ventures, Oceanpine Capital, R-Z Capital, Shenzhen Angel Capital Guiding Fund, and Yongsheng Shida | 4 | |
3/1/2022 | Series A | Winkey | $31.7M | Yes | 3 | |
2/28/2022 | Series A | |||||
2/25/2022 | Seed VC |
Date | 3/23/2022 | 3/10/2022 | 3/1/2022 | 2/28/2022 | 2/25/2022 |
---|---|---|---|---|---|
Round | Seed VC | Series A - II | Series A | Series A | Seed VC |
Company | DEXFORCE | TenFong | Winkey | ||
Amount | $10M | $31.7M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | CDB Venture Capital, China-Singapore Guangzhou Knowledge City, Co-Stone Venture Capital, Haohan Investment, Hillhouse Capital Management, JCP Capital, Linear Venture, Nanshan Ventures, Oceanpine Capital, R-Z Capital, Shenzhen Angel Capital Guiding Fund, and Yongsheng Shida | ||||
Sources | 2 | 4 | 3 |
Green Pine Capital Partners Portfolio Exits
23 Portfolio Exits
Green Pine Capital Partners has 23 portfolio exits. Their latest portfolio exit was Wayzim on October 26, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
10/26/2021 | IPO | 1 | |||
8/28/2020 | IPO | 3 | |||
2/10/2020 | IPO | 1 | |||
Green Pine Capital Partners Fund History
15 Fund Histories
Green Pine Capital Partners has 15 funds, including Green Pine Innovative Technology Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
9/24/2019 | Green Pine Innovative Technology Fund | Multi-Stage Venture Capital | Closed | $139.43M | 1 |
11/12/2015 | Shenzhen Songhe Yuanwang Capital Management Co. Ltd. | Multi-Stage Venture Capital | Open | $15.83M | 1 |
4/24/2015 | Shenzhen Mobile Internet Industrial Alliance Qidian Fund I | Multi-Stage Venture Capital | Closed | $40.34M | 1 |
5/4/2011 | Suzhou Green Pine Growth II | ||||
4/26/2011 | Shenzhen Green Pine Jiyou Venture Capital Investment LP |
Closing Date | 9/24/2019 | 11/12/2015 | 4/24/2015 | 5/4/2011 | 4/26/2011 |
---|---|---|---|---|---|
Fund | Green Pine Innovative Technology Fund | Shenzhen Songhe Yuanwang Capital Management Co. Ltd. | Shenzhen Mobile Internet Industrial Alliance Qidian Fund I | Suzhou Green Pine Growth II | Shenzhen Green Pine Jiyou Venture Capital Investment LP |
Fund Type | Multi-Stage Venture Capital | Multi-Stage Venture Capital | Multi-Stage Venture Capital | ||
Status | Closed | Open | Closed | ||
Amount | $139.43M | $15.83M | $40.34M | ||
Sources | 1 | 1 | 1 |
Green Pine Capital Partners Team
5 Team Members
Green Pine Capital Partners has 5 team members, including current Chief Financial Officer, Ciqiong Chen.
Name | Work History | Title | Status |
---|---|---|---|
Ciqiong Chen | Chief Financial Officer | Current | |
Shijun Chen | Managing Director | Current | |
Wei Li | Managing Director | Current | |
Hao Liu | Managing Director | Current | |
Yong Wang | Managing Director | Current |
Name | Ciqiong Chen | Shijun Chen | Wei Li | Hao Liu | Yong Wang |
---|---|---|---|---|---|
Work History | |||||
Title | Chief Financial Officer | Managing Director | Managing Director | Managing Director | Managing Director |
Status | Current | Current | Current | Current | Current |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.