Glory Ventures

Glory Ventures (Yaotu Ziben) is a Shanghai-based cross-border venture capital fund established in 2015 by a new generation of investors with deep expertise in both China and Israel's high-tech and venture capital industries. The firm manages a total fund size of $735 million across three RMB funds and two USD funds. Limited partners include leading institutional investors, funds-of-funds, family offices, university endowment funds, and more than 25 world-leading publicly listed companies, with notable LPs including Gaorong Capital, Morningside Venture Capital, Lightspeed China Partners, and Sky9 Capital. Key partners include Jerry Bai, recognized as a TOP30 Angel Investor in 2023, and Guang Yang, recognized as a TOP50 Early Stage Investor in 2022 and 2023. Glory Ventures has invested in over 100 portfolio companies and organized its activity across five pillars. In Semiconductors: Biren Technology (GPGPU AI chips), Hailo (edge AI processors, a unicorn), Innoviz (LiDAR technology, NASDAQ IPO), Vertilite, Axera, CorePhotonics, and SpaceMit. In Smart Mobility: DeepRoute.ai, Neolix, GuardKnox, Ottopia, and Hailo. In Cloud Computing and Storage: MemVerge, SQream, StoreOne, and Greptime. In Artificial Intelligence: SiliconFlow, Intuition Robotics, and Sobot. In Smart Manufacturing: Astronergy (solar), LEAPTING (photovoltaic robots), and LUMUS (AR waveguides). The portfolio has produced three unicorns and two NASDAQ IPOs. The firm's most recent deal was a Vertilite Series C in July 2025. Glory Ventures acts as a bridge between Israeli deep-tech startups and China's massive consumer and industrial markets, offering portfolio companies commercial pathways into Asia that Western investors cannot provide.