Investment Portfolio
Founded in 2014, TusStar Venture Capital is an investment management platform focusing on early-stage hard technologies. Its predecessor originated from the Tsinghua Science and Technology Park established in 1994. TusStar has proposed the "incubation + investment" model in 1999, using its own funds to support technology start-ups on a rolling basis every year. Nowadays, a number of listed technology companies and specialized new enterprises have emerged.
Zhipu AI / 谱AI
Tus ∞ Plan Enterprise and TusStar Incubation graduate Zhipu AI received 2.5 billion yuan in financing this year including investment from the Zhongguancun Independent Innovation Fund, Meituan, Ant, Alibaba, Tencent, Xiaomi, Kingsoft, and Shunwei , Boss Direct Recruitment, TAL, Sequoia, Hillhouse and Legend Capital followed in the investment.
SenseTime / 商汤科技
Tus ∞ Plan Enterprise and TusStar Incubation graduate SenseTime was established in 2014. It received 600 million yuan in financing in 2018, and was listed on the Main Board of the Hong Kong Stock Exchange in December 2021. Investors include Yuexiu Capital, Infini Capital, Primavera Capital Group, Sailing Capital, and CDH Investments.
Zhuoshi Technology / 卓世科技
TusStar-incubated graduate Zhuoshi Technology, founded in 2018, is an AI innovation enterprise focused on industry-specific large models and embodied intelligence. TusStar participated in Zhuoshi Technology's Series B+ financing round in 2024, and the company completed its Pre-IPO financing round in February 2026.
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