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

Executive Director

Yuke Tong

Associate

Ruofan Wang

Associate

Zhuoqun Xu

Analyst

Past deals in Internet of Things

Mihuo Intelligence

Series A in 2024
Mihuo Smart is a smart-home and appliance firm.

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.

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.

Zlingsmart

Venture Round in 2023
Zlingsmart specializes in providing automotive basic software solutions, focusing on the application of intelligent networking, artificial intelligence, and mobile Internet technologies in smart cars and rail transit. The company offers professional technical support and development services for industry operating systems, middleware, and application software. By doing so, Zlingsmart assists customers and partners in rapidly developing high-quality automotive electronics, including smart cockpits, intelligent driving systems, and networked technology solutions.

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.

Micro Creative

Series B in 2021
Micro Creative focuses on the development of millimeter-wave radar sensor chips and solutions for related application scenarios. The 80GHz millimeter-wave radar chip from Micro Creative has been mass-produced and sold in batches. The following industries use radar modules and products: industrial IoT, smart security, smart transportation, automotive electronics, and others. Micro Creative is dedicated to providing high-precision high-frequency measurement sensors and imaging modules, as well as investigating the application of high-frequency radar in industries, smart cities, smart homes, and other fields.

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 Technology is a prominent provider of connectivity solutions specializing in the Internet of Things (IoT). The company develops infrastructure and modular edge devices tailored for IoT, Smart City, and Smart Agriculture applications. By leveraging Low Power Wide Area (LPWA) technologies, RAKwireless addresses the growing need for efficient and scalable solutions in various environments, including urban and rural settings. Their offerings encompass a diverse range of middleware devices, gateways, kits, modules, sensors, and accessories, enabling enterprises to seamlessly create and implement their IoT products. RAKwireless is committed to simplifying IoT deployment through innovative modular components and a unified software interface, promoting a philosophy of "IoT Made Easy." This approach ensures that organizations can build high-performance, energy-efficient solutions that are both cost-effective and user-friendly, ultimately unlocking the full potential of connected technologies.

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.

Kitten & Puppy

Series A in 2019
PAWBBY develops multiple smart pet devices, such as a smart water fountain, a smart pet feeder, a smart pet weighing bowl, a smart camera treat dispenser, pet AI identification in many fields, as well as cat litter and other pet cleaning consumables. They provide materials for stray animals.

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.

GeekPark

Series B in 2019
GeekPark is a Chinese innovators community that provides real time updates on product manufacturers. It focuses on Internet products and tech trends through insightful product reports and quality offline conferences. GeekPark is a China-based company that was founded by Jack Zhang.

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 is a developer, manufacturer, and seller of smart lighting products, specializing in a range of smart and wireless LED lighting solutions. The company designs and produces LED lights that can be controlled via mobile phones and wearable devices, allowing users to conveniently adjust their lighting settings from anywhere at any time. Yeelight's focus on innovation and user-friendly technology positions it as a key player in the smart lighting industry.

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.

Yeeuu Technology

Angel Round in 2016
Yeeuu Technology, headquartered in Hangzhou, China, specializes in the development and distribution of smart home hardware. Its product portfolio includes smart fingerprint locks like the R2/fido and K2, as well as the S170 smart knob with fingerprint recognition. The company's offerings integrate fingerprint recognition and IoT technology, providing secure and aesthetically pleasing solutions for modern homes.

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 is a Chinese electric vehicle manufacturer that designs, manufactures, and sells premium smart electric vehicles globally. Founded in 2014, Nio offers a range of SUVs with varying seating capacities, along with innovative charging solutions such as battery swapping services and mobile charging trucks. The company also provides value-added services like insurance packages, maintenance, and roadside assistance. Nio collaborates with industry leaders for autonomous driving technologies and manufactures its vehicles through strategic partnerships. As of 2023, Nio has sold over 160,000 electric vehicles in China alone, capturing approximately 2% of the market share for new energy passenger vehicles.

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.

Aqara

Series A in 2014
Aqara has emerged as a prominent brand in the smart home market, offering a diverse range of smart home appliances and IoT solutions tailored for both consumers and industrial applications. Known for their elegant design and high-quality products, Aqara aims to enhance daily living by simplifying routine tasks through innovative technology. The company's offerings leverage AI and data analysis, allowing customization to meet individual lifestyle requirements. With a strong emphasis on cost efficiency, Aqara consistently attracts consumers seeking reliable and stylish smart home solutions.

Xiaomi Technology

Series B in 2011
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.

Xiaomi Technology

Series A in 2011
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.

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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