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

Tuck Lye Koh

Founding Partner and CEO

Jun Lei

Founding Partner and Chairman

Li Rui

Partner

Wei Li

Partner

Xinting Liu

Associate

Ma Yanxin

Vice President

Xing Meng

Investor / EIR

Yuke Tong

Associate

Ruofan Wang

Associate

Zhuoqun (Jack) XU

Analyst

Past deals in Smart Home

Mihuo Intelligence

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

Xingmai Innovation

Series A in 2024
Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.

Xingmai Innovation

Angel Round in 2023
Xingmai Innovation creates, develops, and sells intelligent swimming pool cleaning robots.

Dreame Technology

Series C in 2021
Dreame Technology is a Chinese consumer electronics company founded in 2015. It designs and manufactures smart home appliances, including cordless vacuum cleaners, sweeping and mopping robots, hair dryers, and personal care products, with a focus on premium quality and intelligent features. The company emphasizes proprietary high-speed digital motor technology, multi-scenario intelligent control, and AI-driven solutions to enable efficient, convenient, and higher-quality living, supporting the evolution of modern smart homes.

Beijing Shunzao Technology

Series B in 2021
Beijing Shunzao Technology is an innovative technology company that focuses on the research and development of high-end cleaning appliances such as vacuum cleaners and intelligent sweeping robots for the global market. The products cover a wide range of cleaning scenarios, including household, vehicle, and office cleaning. The products, which rely on their own strong core technology and supply chain matrix, have been widely recognized and concerned by the market since their launch.

Beijing Shunzao Technology

Venture Round in 2021
Beijing Shunzao Technology is an innovative technology company that focuses on the research and development of high-end cleaning appliances such as vacuum cleaners and intelligent sweeping robots for the global market. The products cover a wide range of cleaning scenarios, including household, vehicle, and office cleaning. The products, which rely on their own strong core technology and supply chain matrix, have been widely recognized and concerned by the market since their launch.

Dreame Technology

Series B in 2020
Dreame Technology is a Chinese consumer electronics company founded in 2015. It designs and manufactures smart home appliances, including cordless vacuum cleaners, sweeping and mopping robots, hair dryers, and personal care products, with a focus on premium quality and intelligent features. The company emphasizes proprietary high-speed digital motor technology, multi-scenario intelligent control, and AI-driven solutions to enable efficient, convenient, and higher-quality living, supporting the evolution of modern smart homes.

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.

LeFan

Series A in 2019
LeFan is a developer of the intelligent massage chair.

Yunding Technology

Series D in 2018
Yunding Network Technology is a developer of smart home security systems, specializing in smart locks in the smart apartment segment under its brands Loock and Yunding.

Green Rice Technology

Series B in 2018
Green Rice Technology is a smart home device provider company.

Yeelight

Series C in 2018
Yeelight is a company that specializes in the development, manufacture, and sale of smart lighting products. It offers a range of wireless LED lighting solutions that can be controlled via mobile phones and wearable devices, allowing users to adjust their lighting conveniently from anywhere at any time. By combining innovative technology with user-friendly design, Yeelight aims to enhance the ambiance and functionality of living and working spaces through its smart lighting offerings.

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.

Qingfeng Shidai Technology

Seed Round in 2018
Qingfeng Shidai Technology is a Smart Hardware company.

Yunding Technology

Series C in 2018
Yunding Network Technology is a developer of smart home security systems, specializing in smart locks in the smart apartment segment under its brands Loock and Yunding.

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.

Yunding Technology

Series C in 2017
Yunding Network Technology is a developer of smart home security systems, specializing in smart locks in the smart apartment segment under its brands Loock and Yunding.

AIBIDA

Angel Round in 2017
AIBIDA is a millet ecological chain enterprise specializing in the floriculture sector. The company offers intelligent greenhouse solutions and construction services, optimizing system integration for enhanced efficiency. AIBIDA's product range includes various potted and cut flower varieties, such as roses, phalaenopsis orchids, and gerbera flowers. Additionally, AIBIDA develops smart devices aimed at improving flower cultivation, including a smart monitor and a Bluetooth flower pot that allows users to track the growth and health of their plants. Through these innovations, AIBIDA aims to enhance the overall experience of flower gardening and cultivation.

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 the modern home.

QingPing

Angel Round in 2016
QingPing is a developer and manufacturer of smart home technology focused on enhancing users' efficiency and health through innovative devices. The company's product line includes home thermostats, air quality detectors, and Bluetooth gateways, among others. By integrating these technologies, QingPing aims to equip customers with smart home solutions that promote a healthier living environment and streamline daily activities.

Jinshimisi

Angel Round in 2016
Jinshimisi adopts cross-industry advanced manufacturing technology to integrate LED light sets and panels. They provide a fashionable and convenient way to exercise at home at any time.

Jiqidao

Angel Round in 2016
Jiqidao is a company focused on developing smart devices tailored for children aged 0 to 12, aiming to enhance their education and entertainment. By integrating advanced educational concepts with cultural creativity and technological innovation, Jiqidao creates imaginative products that support children's growth and development. The company leverages independent research and development to design devices that utilize the internet, promote parental engagement, and incorporate intelligent robotics. Through its offerings, Jiqidao seeks to foster a holistic approach to learning and care, ensuring that children thrive in a nurturing environment.

Liweijia

Series B in 2015
Liweijia is a company based in Chengdu, China, with additional centers in Beijing, Shanghai, Shenyang, and Hefei, specializing in online-to-office home furnishing products and services. It offers a wide range of customizable house products including wardrobe packages, cabinets, TV cabinets, and space packages. Additionally, Liweijia provides finished furniture for living rooms, bedrooms, studies, and restaurants, as well as household items such as sleep products, kitchen supplies, and appliances. The company also deals in smart home technology, including door locks, appliances, robots, mobile intelligence, and toilets, along with home improvement building materials like hardware, wooden doors, and flooring. Liweijia operates an e-commerce platform that allows users to customize and purchase home products, utilizing a big data-based platform for furniture design, research, development, and production.

Qingmi Keji

Angel Round in 2015
Qingmi Keji is a company which is based in the electric circuit information industry, with integrated circuits, intelligent control, signal transmission, and control as the development direction and is committed to the design, development, and prosuction of home products. The interface supports market-leading brand electronic products and is compatible with a dedicated IC. Electronic equipment can be properly protected and potential safety risks can be avoided using overcurrent, overvoltage, short circuit, and protection features.

Roborock

Angel Round in 2015
Founded in 2014, Roborock specializes in the research, development, production, and sales of robotic home cleaners. Headquartered in Beijing with offices in Shanghai and Shenzhen, the company creates innovative cleaning solutions to enhance daily life through advanced technology.

Zimi

Series B in 2015
Zimi is a manufacturer of portable battery chargers for electronic devices. The company is committed to the research and development and manufacturing of high-end smartphone accessories, wireless Bluetooth headsets, and smart hardware under its own brand. ZMI brand wireless Bluetooth headsets, mobile power supplies, chargers, wireless chargers, data cables, smart home appliances, rainbow batteries, and other ZMI products have won market favor due to their excellent quality and low prices. The company's power-related technology can be applied to Xiaomi's smartphones and other IoT-based products to achieve higher competitiveness, and standardization of its products' power supply to achieve cost savings.

SmartMi International Limited

Series A in 2015
Smartmi, established in 2014, is focused on designing and manufacturing smart home appliances. They are constantly improving product design and pushing forward technological innovation to interconnect smart appliances, and let users experience the beauty of living in a comfortable home environment. Their ability to reach this goal comes from pitting they bold imagination against careful thinking. They consider and test out every design possibility, and work towards creating the ideal product experience. While they pursue perfection, they are also combining products with the democratization of consumer ideals so that everybody can have products that improve their lives. This is the goal they have been chasing from the start.

Aqara

Series A in 2014
Aqara is a prominent smart home brand that specializes in developing innovative smart home appliances and IoT solutions for both consumers and industrial applications. The company focuses on enhancing daily life by simplifying routine tasks through a diverse range of high-quality, cost-effective products. Aqara's offerings are distinguished by their elegant industrial design and the integration of advanced AI and data analysis systems, allowing for customization to meet individual lifestyle needs. As a result, Aqara has gained a reputation for reliability and efficiency in the smart home market.

Green Rice Technology

Series A in 2014
Green Rice Technology is a smart home device provider company.

Zealer

Venture Round in 2012
Zealer is a technology evaluation content platform based in China, under the umbrella of Shenzhen Zaile Internet Science and Technology. Founded by Wang Zi Ru, a noted digital science and technology critic, Zealer focuses on the testing, evaluation, and quality analysis of electronic products. The platform caters to a diverse range of categories, including consumer electronics, smart home devices, travel modes, and entertainment games. By offering detailed assessments and Q&A services, Zealer aims to inform and assist consumers in making informed purchasing decisions.

Xiaomi

Series B in 2011
Xiaomi Corporation is an Internet company that provides hardware, software, and Internet services globally. It operates through segments including Smartphones, IoT and Lifestyle Products, and Internet Services. Xiaomi offers a wide range of products such as smartphones, smart TVs, laptops, AI speakers, smart routers, and various IoT devices. The company also provides advertising services and other internet value-added services.

Xiaomi

Series A in 2011
Xiaomi Corporation is an Internet company that provides hardware, software, and Internet services globally. It operates through segments including Smartphones, IoT and Lifestyle Products, and Internet Services. Xiaomi offers a wide range of products such as smartphones, smart TVs, laptops, AI speakers, smart routers, and various IoT devices. The company also provides advertising services and other internet value-added services.
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