Shunwei

Shunwei Capital, established in 2011 and headquartered in Beijing, is a venture capital firm primarily focused on investing in early-stage Chinese internet companies. It manages multiple funds, including Shunwei RMB Fund II, Shunwei China Internet Opportunity Fund III, and Shunwei China Internet Fund IV, totaling seven funds since inception. The firm's investment portfolio spans across various sectors such as technology, internet of things, mobile internet, intelligent hardware, and rural internet, with a total of 351 investments made to date. Shunwei Capital has successfully exited from 29 investments, demonstrating its track record in the dynamic Chinese internet sector.

Tian Cheng

Partner

Tian Cheng

Partner

Hang Gao

Associate

Zhengnan Hu

Investment Partner

Tuck Lye Koh

Founding Partner and CEO

Jun Lei

Founding Partner and Chairman

Wei Li

Partner

Xinting Liu

Associate

Ma Yanxin

Vice President

Rui Li

Partner

Yuke Tong

Associate

Ruofan Wang

Associate

Zhuoqun Xu

Analyst

Past deals in Augmented Reality

XReal Technology

Venture Round in 2024
XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.

Nika Optics

Seed Round in 2023
Nika Optics specializes in AR volume holographic waveguide display optics. It primarily addresses the issues with optical display for consumer AR optical goods.

Huiye Technology

Seed Round in 2022
Huiye Technology specializes in AI-driven technology services aimed at enhancing virtual life. The company has developed a generative deep neural network framework that enables virtual characters to learn and replicate a range of human movement patterns, from simple to complex. This innovative system allows virtual characters to dance automatically in response to musical melodies without requiring prior motion capture from real individuals. Through this technology, Huiye Technology provides users with advanced virtual human products that enhance interactive experiences.

Builtopia

Seed Round in 2022
Builtopia is a developer of metaverse space technology that focuses on creating innovative tools for the virtual world. The company specializes in research and development of user-friendly solutions designed to enable users to build, host, and manage immersive, web-based 3D virtual spaces. By leveraging advanced web-based 3D computer graphics technology, Builtopia aims to simplify the process of 3D space creation, allowing for greater accessibility and enhanced user experiences in virtual environments.

Huiye Technology

Seed Round in 2022
Huiye Technology specializes in AI-driven technology services aimed at enhancing virtual life. The company has developed a generative deep neural network framework that enables virtual characters to learn and replicate a range of human movement patterns, from simple to complex. This innovative system allows virtual characters to dance automatically in response to musical melodies without requiring prior motion capture from real individuals. Through this technology, Huiye Technology provides users with advanced virtual human products that enhance interactive experiences.

New Vision Electronics

Series C in 2021
New Vision Electronics is a national high-tech enterprise focused on the research, development, and manufacturing of advanced automotive visual solutions. The company specializes in products such as windshield head-up displays (HUD), augmented reality HUDs, camera monitoring systems (CMS), and innovative transparent displays, including A-pillars and window displays. By integrating cutting-edge technology, New Vision Electronics aims to enhance the digital experience within smart vehicles. As a leading supplier in China, the company serves prominent clients in the automotive industry, including NIO, Geely, BAIC, and Chery, positioning itself at the forefront of in-vehicle visual innovation.

Kujiale

Series D in 2019
Kujiale is a Chinese-based online platform specializing in home decoration and furnishing information. Founded by Hang Chen and headquartered in Hangzhou, the company offers business reviews and facilitates design processes through advanced tools such as 3D modeling, texture swapping, and floor planning software. Users can visualize designs in various formats like 360-degree views, augmented reality, photo-realistic rendering, or virtual reality to make informed decisions about their home decor choices.

XReal Technology

Series A in 2019
XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.

XReal Technology

Series A in 2019
XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.

Kujiale

Series D in 2018
Kujiale is a Chinese-based online platform specializing in home decoration and furnishing information. Founded by Hang Chen and headquartered in Hangzhou, the company offers business reviews and facilitates design processes through advanced tools such as 3D modeling, texture swapping, and floor planning software. Users can visualize designs in various formats like 360-degree views, augmented reality, photo-realistic rendering, or virtual reality to make informed decisions about their home decor choices.

XReal Technology

Angel Round in 2017
XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.
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