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 Electric Vehicle

Wanxun Technology

Series A in 2024
Wanxun Technology is a robotic solutions company. They offer services for electric power, industrial parks, property parks, and petrochemical industries. They provide providing and operational service robotic solutions

Mufan Power

Series B in 2024
Mufan Power is a new energy high-tech enterprise specializing in turbomachinery. It develops a new generation of zero-carbon hydrogen power generation technologies and products, with hydrogen gas turbines as its core offering. These turbines are intended for distributed energy and data centers, rail transit, ship power, vehicle power, and energy storage peak shaving, supporting carbon-neutral applications across multiple sectors.

Yupan Technology

Seed Round in 2024
Yupan Technology specializes in the core control technology of car intelligent chassis, offering secure chassis execution systems and global stable intelligent control solutions.

Jiana Energy

Series A in 2024
Jiana Energy offers sodium-ion batteries that can be used for energy storage of green energy such as solar energy and wind energy, smart grid power generation side, user side, backup power supply, low-speed electric vehicles, two-wheeled vehicles, and other fields.

Jiana Energy

Series A in 2023
Jiana Energy offers sodium-ion batteries that can be used for energy storage of green energy such as solar energy and wind energy, smart grid power generation side, user side, backup power supply, low-speed electric vehicles, two-wheeled vehicles, and other fields.

Mufan Power

Seed Round in 2022
Mufan Power is a new energy high-tech enterprise specializing in turbomachinery. It develops a new generation of zero-carbon hydrogen power generation technologies and products, with hydrogen gas turbines as its core offering. These turbines are intended for distributed energy and data centers, rail transit, ship power, vehicle power, and energy storage peak shaving, supporting carbon-neutral applications across multiple sectors.

Super Panther

Venture Round in 2022
Super Panther is a Chinese technology company focused on the new energy commercial vehicle market. It develops skateboard chassis technology and related systems to help customers build cost-effective energy replenishment ecosystems, including distributed electric drive axles, control algorithms, a high-voltage platform, an integrated thermal management system, and a chassis domain controller, with the goal of enabling smarter, more efficient logistics and zero-carbon operations.

Wanxun Technology

Seed Round in 2022
Wanxun Technology is a robotic solutions company. They offer services for electric power, industrial parks, property parks, and petrochemical industries. They provide providing and operational service robotic solutions

Volant Aerotech

Seed Round in 2022
Volant Aerotech is a company specializing in the R&D, manufacturing, and service of passenger eVTOL, an electric vertical take-off and landing aircraft.

Suzhou Brightway Intelligent Technology Co.,Ltd

Angel Round in 2021
Suzhou Brightway Intelligent is a manufacturing, distributing, and R&D company that makes E-scooters and E-bikes.

SATOR TECH

Angel Round in 2021
Sator Tech specializes in the development of charging stations and robots designed for electric vehicles. The company focuses on creating adaptable mobile charging systems and intelligent charging robots to address the challenges associated with parking and charging. By offering innovative solutions, Sator Tech aims to enhance the efficiency of charging operators and improve charging security for businesses in the energy, real estate, and automotive sectors. Their mission is to bridge the gap between the increasing demand for electric vehicles and the corresponding availability of charging infrastructure.

Volant Aerotech

Seed Round in 2021
Volant Aerotech is a company specializing in the R&D, manufacturing, and service of passenger eVTOL, an electric vertical take-off and landing aircraft.

AECS Automotive Electronics

Series B in 2019
AECS Automotive Electronics, based in the Science and Technology Park of Tsinghua University, focuses on the development, production, and sales of automotive electronic control systems. As an industrialization promotion unit of Tsinghua University's Automotive Power System Energy Conservation Research Center, the company leverages strong academic and financial support to drive innovation in energy-saving technologies. AECS specializes in designing and manufacturing electronic control units (ECUs) for vehicles, allowing manufacturers to utilize high-quality, domestically produced electronic components in their production processes. The company's initiatives primarily target industrial enterprises, emphasizing the advancement and industrialization of automotive electronic products.

Rapido

Series B in 2019
Rapido is an Indian mobility platform that facilitates bike taxi bookings via its mobile app. Launched in 2015, the company aims to reduce traffic congestion and carbon emissions by connecting individuals traveling in similar directions. It offers economical intra-city travel options, including two-, three-, and four-wheeler rides.

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.

Xpeng Motors

Series A in 2017
Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Super SoCo

Series A in 2017
Super SOCO is an electric motorcycle developer headquartered in Shanghai, specializing in clean energy two-wheeled vehicles. The company offers a range of intelligent electric motorcycles, including the SOCO TC, which features an intelligent alarm system, an interactive platform, and a mobile app for enhanced user experience. Super SOCO's product lineup includes models like the TS LITE, TS Express, TS PRO, and the vintage-styled TC COLOR, with prices ranging from 5,000 to 10,000. With a presence in 120 cities across China and 31 countries worldwide, Super SOCO aims to address issues such as traffic congestion and pollution while promoting the enjoyment of travel. The motorcycles are equipped with advanced features such as sports tires, LCD intelligent instruments, racing-grade brakes, and a dedicated app that offers vehicle diagnostics and anti-theft capabilities.

Yunmake

Series A in 2016
Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app. While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem that extends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware.

Yunmake

Series A in 2015
Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app. While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem that extends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware.

Yunmake

Series A in 2015
Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app. While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem that extends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware.

NIO

Series A in 2015
NIO is a pioneering Chinese company specializing in premium smart electric vehicles. Established in 2014, NIO designs, manufactures, and sells high-performance EVs, focusing on the premium segment. The company offers a range of models including SUVs and sedans, and is known for its innovative charging solutions such as battery swapping services. NIO also invests in next-generation technologies like autonomous driving and artificial intelligence to enhance user experience.

Qicycle

Series A in 2014
Qicycle is a manufacturer specializing in innovative bicycles, particularly focusing on carbon fiber road models and electric-assisted folding bicycles. The company offers a diverse range of products, including electric scooters, smart mountain bicycles, and safety bicycles designed for children. With a commitment to enhancing the cycling experience, Qicycle incorporates advanced technologies such as TMM torque sensing, which allows for more manageable rides on steep inclines. The company's emphasis on product research, development, and design aims to promote healthier lifestyles through sports and smart travel, making cycling more accessible and enjoyable for a broader audience.
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