Shunwei Capital

Shunwei Capital is a Beijing-based venture capital firm founded in 2011 that focuses on early to mid-stage investments in the local internet industry and related technology sectors. It emphasizes incubation and growth capital for startups across information technology, internet services, high technology, new media, games, internet finance, and rural internet, with cross-border interest in opportunities between China and India. The firm targets investments in mobile internet, IoT, smart hardware, and other internet-enabled platforms to support scalable digital economy ventures. Its investor base includes sovereign wealth funds, fund of funds, university endowments, and family offices, reflecting a diverse backing for its venture activities.

Tian Cheng

Partner

Tian Cheng

Partner

Devin (Hang) Gao

Associate

Zhengnan Hu

Investment Partner

Xiaoling Lai

Partner

Past deals in Car Rental

Huolala

Series E in 2020
Huolala offers logistics services, moving, less-than-truckload, car rental and sales, and after-car services. Founded in 2013 and grown in the Guangdong-Hong Kong-Macao Greater Bay Area.

Huolala

Series D in 2019
Huolala offers logistics services, moving, less-than-truckload, car rental and sales, and after-car services. Founded in 2013 and grown in the Guangdong-Hong Kong-Macao Greater Bay Area.

Truebil

Series B in 2019
Truebil is a used car trading marketplace that facilitates the buying and selling of pre-owned vehicles online. The company was founded to address the challenges faced by busy professionals in navigating the complex process of purchasing used cars, which often involves multiple steps such as inspection, test drives, and legal formalities. Truebil offers a comprehensive platform that provides end-to-end services for its users, including affordable car loans, assistance with paperwork transfer, warranty servicing, emergency roadside support, and insurance renewal. By streamlining these processes, Truebil aims to make the experience of trading used cars more accessible and efficient for both buyers and sellers.

Truebil

Series A in 2018
Truebil is a used car trading marketplace that facilitates the buying and selling of pre-owned vehicles online. The company was founded to address the challenges faced by busy professionals in navigating the complex process of purchasing used cars, which often involves multiple steps such as inspection, test drives, and legal formalities. Truebil offers a comprehensive platform that provides end-to-end services for its users, including affordable car loans, assistance with paperwork transfer, warranty servicing, emergency roadside support, and insurance renewal. By streamlining these processes, Truebil aims to make the experience of trading used cars more accessible and efficient for both buyers and sellers.

Likechuxing

Series A in 2018
Likechuxing is a car-sharing travel service platform designed for urban travelers, leveraging the sharing economy to transform traditional car travel. By integrating mobile Internet technology with a time-sharing model, the platform allows users to conveniently access vehicles located within 500 meters. This innovative approach caters specifically to the needs of short-haul travel within cities, enabling users to manage their car rental experience through a mobile app. The app facilitates intelligent operation throughout the entire process, allowing users to pay only for the mileage and long-term costs associated with their journeys. Likechuxing effectively redefines the car rental experience, making urban mobility more efficient and accessible.

UDMAX

Angel Round in 2018
UDMAX provides a standardised vehicle replacement experience for end consumers. They create a comprehensive solution service provider for the linkage of first-hand and second-hand cars. They integrate the core resources of the industry, starting with the actual vehicle needs of the majority of new energy vehicle owners.

Truebil

Series A in 2017
Truebil is a used car trading marketplace that facilitates the buying and selling of pre-owned vehicles online. The company was founded to address the challenges faced by busy professionals in navigating the complex process of purchasing used cars, which often involves multiple steps such as inspection, test drives, and legal formalities. Truebil offers a comprehensive platform that provides end-to-end services for its users, including affordable car loans, assistance with paperwork transfer, warranty servicing, emergency roadside support, and insurance renewal. By streamlining these processes, Truebil aims to make the experience of trading used cars more accessible and efficient for both buyers and sellers.
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