Shunwei

Shunwei, Inc. is a Beijing-based company founded in 2011 that focuses on venture capital investments, particularly in incubation, startups, and early to mid-stage companies. It specializes in a diverse range of sectors, including technology, media, telecommunications, healthcare, education, smart hardware, e-commerce, and internet services, with a strong emphasis on the local internet industry in China and India. The firm aims to support businesses that leverage innovative technologies, particularly those that enhance connectivity and efficiency in various industries. Shunwei has a notable presence in the investment landscape, having made numerous investments across various domains, and it also seeks opportunities for cross-border investments to further expand its portfolio.

Tian Cheng

Partner

Tian Cheng

Partner

Yu Duan

Vice President

Tuck Lye Koh

Co-Founder, Founding Partner and CEO

Wei Li

Partner

Ma Yanxin

Vice President

Rui Li

Executive Director

Ruofan Wang

Associate

Past deals in Internet of Things

Qianxun Intelligence

Seed Round in 2024
Qianxun Intelligence is an intelligent technology developer that offers software development, intelligent robot research and development, AI hardware sales, AI application software development, information system integration services, and Internet sales.

Ant Workshop

Series C in 2023
Ant Works is an e-commerce platform integrating industrial automation products, the Internet, and supply chain services. It aims to build a new industrial product marketing method with "industrial cloud components + Internet + supply chain SAAS services" as the main body. An integrated platform for online and offline transactions, services, and support. It has the characteristics of high cost performance, authentic guarantee, fast shipping, free 3D download, and so on. Through diversified product categories and sufficient inventory, customers can efficiently search for and purchase suitable products.

EPiCMEMS

Venture Round in 2022
EPiCMEMS, a local chip company based in Xiamen, specializes in the development of RF front-end solutions, focusing on 4G+ and 5G RF filters and chips. The company aims to advance the domestic chip industry by producing high-speed, high-quality 5G chips tailored for mobile devices and the Internet of Things (IoT). With operational facilities in Xiamen and Zhangjiang, along with sales and customer support centers in Shenzhen, Xi'an, and Beijing, EPiCMEMS is committed to enhancing connectivity and stability for users across the mobile and IoT sectors.

Xiaoyu Technology

Series A in 2022
Xiaoyu (Beijing) Technology is a leading provider of smart agricultural IoT, big data and cloud computing platform products and solutions in China. The intelligent agricultural Internet of Things series products developed by the company: based on low-power embedded technology, wireless communication technology and intelligent sensing technology to realize the informatization and intelligent hardware of agricultural facilities, including: intelligent temperature control equipment, intelligent rolling shutter machine , intelligent soil detector, small weather station, intelligent irrigation equipment, etc.

EPiCMEMS

Series A in 2022
EPiCMEMS, a local chip company based in Xiamen, specializes in the development of RF front-end solutions, focusing on 4G+ and 5G RF filters and chips. The company aims to advance the domestic chip industry by producing high-speed, high-quality 5G chips tailored for mobile devices and the Internet of Things (IoT). With operational facilities in Xiamen and Zhangjiang, along with sales and customer support centers in Shenzhen, Xi'an, and Beijing, EPiCMEMS is committed to enhancing connectivity and stability for users across the mobile and IoT sectors.

Ant Workshop

Series B in 2021
Ant Works is an e-commerce platform integrating industrial automation products, the Internet, and supply chain services. It aims to build a new industrial product marketing method with "industrial cloud components + Internet + supply chain SAAS services" as the main body. An integrated platform for online and offline transactions, services, and support. It has the characteristics of high cost performance, authentic guarantee, fast shipping, free 3D download, and so on. Through diversified product categories and sufficient inventory, customers can efficiently search for and purchase suitable products.

Pinlan Data

Series A in 2021
Pinlan operates as a developer of an Artificial Intelligence platform that leverages AI, IoT, and cloud technology to enhance data collection and operational efficiency for brands and retailers. The company focuses on creating a sophisticated AI product identification platform that gathers product data throughout the entire supply chain, from production to retail. Pinlan offers solutions such as intelligent consumer goods marketing management, inventory monitoring, business data analysis, and logistics support, catering to various industries including consumer goods, retail, and manufacturing. Additionally, the platform facilitates inventory audits, design drawing verification automation, and image recognition, enabling enterprises to achieve digital upgrades and streamline their operations while reducing costs.

RAKwireless Technology

Series A in 2021
RAKwireless is an industrial-leading connectivity provider that builds infrastructures and Modular Edge devices for IoT, Smart City, and Smart Agriculture markets with in-house developed solutions, utilizing LPWA (Low Power Wide Area) technologies. There are tremendous amounts of "things" being deployed in cities and rural areas every day. Think about water meters, gas meters, oil tanks, street lights, parking lots, trash bins, smoke detectors and so on... Any of these applications weren't possible in the past, due to power supply- and infrastructure limitations. The advent of IoT has changed this, being energy-efficient and easily scalable. RAKwireless can help you to build and maintain these 'smart environments', enabling the REAL power from the Internet of Things! RAKwireless helps organizations and individuals to build high-performance and energy-efficient solutions, by using RAKwireless’ innovative modular components and it's unified software interface (RUI). RAKwireless is committed to an “IoT Made Easy” philosophy, providing customers with cost-efficient and easy to use solutions that are developer tested and enterprise-ready.

Pinlan Data

Series A in 2021
Pinlan operates as a developer of an Artificial Intelligence platform that leverages AI, IoT, and cloud technology to enhance data collection and operational efficiency for brands and retailers. The company focuses on creating a sophisticated AI product identification platform that gathers product data throughout the entire supply chain, from production to retail. Pinlan offers solutions such as intelligent consumer goods marketing management, inventory monitoring, business data analysis, and logistics support, catering to various industries including consumer goods, retail, and manufacturing. Additionally, the platform facilitates inventory audits, design drawing verification automation, and image recognition, enabling enterprises to achieve digital upgrades and streamline their operations while reducing costs.

EPiCMEMS

Series A in 2021
EPiCMEMS, a local chip company based in Xiamen, specializes in the development of RF front-end solutions, focusing on 4G+ and 5G RF filters and chips. The company aims to advance the domestic chip industry by producing high-speed, high-quality 5G chips tailored for mobile devices and the Internet of Things (IoT). With operational facilities in Xiamen and Zhangjiang, along with sales and customer support centers in Shenzhen, Xi'an, and Beijing, EPiCMEMS is committed to enhancing connectivity and stability for users across the mobile and IoT sectors.

GalaxySpace

Series C in 2020
GalaxySpace is a satellite manufacturer based in Haidian, China, founded in 2016. The company specializes in developing and building a low Earth orbit (LEO) broadband satellite constellation and a 5G communication network. GalaxySpace offers various satellite applications, including monitoring systems for airports, parking, and oil reserves, as well as land assessment services. Their product range includes communication payloads, phased array antennas, power management systems, solar panels, and core platform components. Additionally, the company provides one-stop artificial intelligence satellite launch services, facilitating convenient communication and information access for clients while reducing network costs.

GalaxySpace

Series B in 2019
GalaxySpace is a satellite manufacturer based in Haidian, China, founded in 2016. The company specializes in developing and building a low Earth orbit (LEO) broadband satellite constellation and a 5G communication network. GalaxySpace offers various satellite applications, including monitoring systems for airports, parking, and oil reserves, as well as land assessment services. Their product range includes communication payloads, phased array antennas, power management systems, solar panels, and core platform components. Additionally, the company provides one-stop artificial intelligence satellite launch services, facilitating convenient communication and information access for clients while reducing network costs.

GalaxySpace

Series A in 2018
GalaxySpace is a satellite manufacturer based in Haidian, China, founded in 2016. The company specializes in developing and building a low Earth orbit (LEO) broadband satellite constellation and a 5G communication network. GalaxySpace offers various satellite applications, including monitoring systems for airports, parking, and oil reserves, as well as land assessment services. Their product range includes communication payloads, phased array antennas, power management systems, solar panels, and core platform components. Additionally, the company provides one-stop artificial intelligence satellite launch services, facilitating convenient communication and information access for clients while reducing network costs.

Yeelight

Series C in 2018
Yeelight offers a series of smart and wireless LED lightning products.

SCISHARE

Angel Round in 2018
SCISHARE is a technology company that focuses on the research of smart coffee machines and internet of things smart products.

GalaxySpace

Angel Round in 2018
GalaxySpace is a satellite manufacturer based in Haidian, China, founded in 2016. The company specializes in developing and building a low Earth orbit (LEO) broadband satellite constellation and a 5G communication network. GalaxySpace offers various satellite applications, including monitoring systems for airports, parking, and oil reserves, as well as land assessment services. Their product range includes communication payloads, phased array antennas, power management systems, solar panels, and core platform components. Additionally, the company provides one-stop artificial intelligence satellite launch services, facilitating convenient communication and information access for clients while reducing network costs.

AIBIDA

Angel Round in 2017
AIBIDA is a millet ecological chain enterprise specializing in intelligent greenhouse solutions and floriculture. The company focuses on greenhouse construction and system integration, offering a range of flower products, including potted and cut rose varieties, phalaenopsis, and gerbera flowers. Additionally, AIBIDA develops smart devices for the floriculture industry, such as smart monitors and Bluetooth-enabled flower pots, which allow users to monitor the growth of their plants effectively. Through its innovative approach, AIBIDA aims to enhance the efficiency and sustainability of flower cultivation.

Darma

Series A in 2016
Darma Inc. specializes in non-wearable health tracking technology, offering a unique DARMA cushion that allows users to monitor their vital signs through a dedicated application. This innovative cushion tracks stress levels, sitting time, and posture, providing reminders to encourage users to stand and move. Additionally, it alerts users to high stress levels and suggests guided meditation for stress management. Beyond the DARMA cushion, the company has developed a 2mm fiber optic sensor pad designed for placement under mattresses in hospitals or homes, enabling continuous and non-invasive monitoring of vital signs and cardiac performance. This integrated system aims to enhance proactive health management, reduce hospital readmissions, and improve the quality of life for patients with chronic diseases by utilizing advanced algorithms and machine learning to predict and prevent adverse health events.

QingPing

Angel Round in 2016
QingPing is a developer and manufacturer of smart home technology, specializing in devices designed to enhance efficiency and promote healthier living. The company's product offerings include home thermostats, air quality detectors, and Bluetooth gateways, among others. By providing these innovative gadgets, QingPing aims to support customers in creating a more effective and health-conscious home environment.

Jiqidao

Angel Round in 2016
Jiqidao is a company focused on developing smart devices for children aged 0 to 12, aimed at enhancing their education and entertainment. The business integrates advanced educational concepts, cultural creativity, and technological innovation to create imaginative products that support children's growth and development. By leveraging independent research and development, Jiqidao utilizes children's smart devices as a platform to promote parent-child interaction, education, and entertainment. Their offerings encompass various products that combine the Internet with children's education and care, including intelligent robots, to facilitate a holistic approach to learning and engagement.

Nio

Series A in 2015
NIO Inc. is a pioneer in China’s premium smart electric vehicle market. NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater high-performance premium electric SUV in China in June 2018, and its variant, the six-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began deliveries in June 2019. NIO officially launched the EC6, a 5-seater smart premium electric Coupe SUV, in December 2019 and plans to commence deliveries in 2020.

Huami

Series A in 2014
Launched in 2014, Huami is the top #1 wearable device company in the world, ahead of Apple and Fitbit, with over 50 million units sold. Huami's mission is to seamlessly connect biomechanical signals and daily activities with smart data services to promote healthy living and to make our lives easier. The product line of fashionable activity trackers and smartwatches under the Amazfit brand, including the Pace, Arc, Cor, Bip, Moonbeam and Equator, effortlessly track activity without sacrificing style. Huami is the exclusive provider of wearable technology for Xiaomi and maker of the Mi Band. Huami has raised $35 million from Sequoia Capital, Shunwei Capital Partners, Banyan Capital, Morningside Ventures and Xiaomi. The company is privately-held and headquartered in Beijing and and Mountain View, CA.

Huami

Series B in 2014
Launched in 2014, Huami is the top #1 wearable device company in the world, ahead of Apple and Fitbit, with over 50 million units sold. Huami's mission is to seamlessly connect biomechanical signals and daily activities with smart data services to promote healthy living and to make our lives easier. The product line of fashionable activity trackers and smartwatches under the Amazfit brand, including the Pace, Arc, Cor, Bip, Moonbeam and Equator, effortlessly track activity without sacrificing style. Huami is the exclusive provider of wearable technology for Xiaomi and maker of the Mi Band. Huami has raised $35 million from Sequoia Capital, Shunwei Capital Partners, Banyan Capital, Morningside Ventures and Xiaomi. The company is privately-held and headquartered in Beijing and and Mountain View, CA.

Xiaomi Technology

Series B in 2011
Xiaomi Corporation is a technology company headquartered in Beijing, China, founded in 2010. It specializes in manufacturing and marketing smartphones, consumer electronics, and Internet of Things (IoT) products. Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment includes a range of Android-based devices, while the IoT and Lifestyle Products segment features smart TVs, laptops, AI speakers, and various smart hardware. Additionally, Xiaomi provides Internet services such as advertising and value-added services. The company has expanded its presence internationally and is a leading smartphone brand in India and increasing its market share in Europe. Xiaomi is known for its commitment to innovation and customer feedback, which informs its product development. It sells its products through online platforms and retail stores across multiple countries.

Xiaomi Technology

Series A in 2011
Xiaomi Corporation is a technology company headquartered in Beijing, China, founded in 2010. It specializes in manufacturing and marketing smartphones, consumer electronics, and Internet of Things (IoT) products. Xiaomi operates through several segments, including Smartphones, IoT and Lifestyle Products, Internet Services, and Others. The Smartphones segment includes a range of Android-based devices, while the IoT and Lifestyle Products segment features smart TVs, laptops, AI speakers, and various smart hardware. Additionally, Xiaomi provides Internet services such as advertising and value-added services. The company has expanded its presence internationally and is a leading smartphone brand in India and increasing its market share in Europe. Xiaomi is known for its commitment to innovation and customer feedback, which informs its product development. It sells its products through online platforms and retail stores across multiple countries.

EPiCMEMS

Series A in 2011
EPiCMEMS, a local chip company based in Xiamen, specializes in the development of RF front-end solutions, focusing on 4G+ and 5G RF filters and chips. The company aims to advance the domestic chip industry by producing high-speed, high-quality 5G chips tailored for mobile devices and the Internet of Things (IoT). With operational facilities in Xiamen and Zhangjiang, along with sales and customer support centers in Shenzhen, Xi'an, and Beijing, EPiCMEMS is committed to enhancing connectivity and stability for users across the mobile and IoT sectors.
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