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Sinovation Ventures

Venture firm founded by Kai-Fu Lee focused on AI and frontier technology in China.

Active VC · Since 2009
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Portfolio Active
2
Latest SiliconFlow
Deal flow
$310M
2 rounds
Unicorns
1
≥ $1B valuation
Founded
2009
17 yrs
Latest
Jun 2025
SiliconFlow

About Sinovation Ventures

Venture firm founded by Kai-Fu Lee focused on AI and frontier technology in China.

Investment activity

2020–2025
$310M
1
'20
1
'25

Sector focus

🚗 Autonomous Vehicles 1
🎼 LLM Orchestration 1
🏢 AI Infrastructure 1

Geographic focus

China 1
CN 1

Portfolio

2

SiliconFlow

One platform for all your AI inference, with 200+ models via one API

WeRide

WeRide is a global leader in autonomous driving technology, transforming urban living with a portfolio of five core products.

Co-investors

5

Alibaba Group

1 shared

Kinzon Capital

1 shared

CDB Equipment Manufacturing Fund

1 shared

CMC Capital Partners

1 shared

Qiming Venture Partners

1 shared

Recent rounds

2
Jun 1, 2025 Series A — SiliconFlow
Dec 1, 2020 Series B $310M WeRide