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

Partner

Yuke Tong

Associate

Ruofan Wang

Associate

Zhuoqun Xu

Analyst

Past deals in Transport and logistics

Fanding International Group

Series C in 2025
Fanding International Group offers supply chain services by reducing logistics costs.

Shanghai Mufan Power

Series B in 2024
Shanghai Mufan Power is a high-tech enterprise specializing in new energy solutions within the turbomachinery sector. The company focuses on developing advanced zero-carbon hydrogen power generation technologies and products, with its primary offering being hydrogen gas turbines. These turbines are designed for various applications, including distributed energy systems, data centers, rail transit, marine power, vehicle propulsion, and energy storage for peak shaving, all aimed at supporting carbon neutrality efforts. Mufan Power also engages in the design and development of significant national heavy equipment and provides technical consultation and engineering services related to gas turbines and steam turbines, ensuring that it meets the diverse needs of its clientele in China.

Fanding International Group

Series B in 2024
Fanding International Group offers supply chain services by reducing logistics costs.

Zlingsmart

Venture Round in 2023
Zlingsmart is a company that specializes in providing automotive basic software solutions, focusing on the integration of intelligent networking, artificial intelligence, and mobile Internet technologies within the smart car and rail transit sectors. By offering professional technical support and development services, Zlingsmart aids its customers in creating high-quality automotive electronics, including smart cockpits, intelligent driving systems, and advanced networking features. The company is dedicated to enhancing industrial applications through its expertise in operating systems, middleware, and application software, thereby enabling partners to innovate and accelerate their product development processes in these critical industries.

Benewake

Series C in 2022
Benewake is a prominent manufacturer and developer of solid-state LiDAR sensors and solutions, specializing in technologies that advance autonomous driving and automation across various industries. The company offers a range of LiDAR products, including basic flash LiDAR and 3D LiDAR, which are now in mass production and carry appropriate certifications. These sensors are essential for applications such as collision avoidance in autonomous vehicles, logistics operations in drones, and smart home robotics. Benewake's innovative solutions also support simultaneous localization and mapping, enhancing safety and intelligence in driving systems. With a strong intellectual property portfolio, Benewake's LiDAR products have successfully penetrated global markets, including Europe, America, and Asia-Pacific, positioning the company as a leader in its field.

Shanghai Mufan Power

Seed Round in 2022
Shanghai Mufan Power is a high-tech enterprise specializing in new energy solutions within the turbomachinery sector. The company focuses on developing advanced zero-carbon hydrogen power generation technologies and products, with its primary offering being hydrogen gas turbines. These turbines are designed for various applications, including distributed energy systems, data centers, rail transit, marine power, vehicle propulsion, and energy storage for peak shaving, all aimed at supporting carbon neutrality efforts. Mufan Power also engages in the design and development of significant national heavy equipment and provides technical consultation and engineering services related to gas turbines and steam turbines, ensuring that it meets the diverse needs of its clientele in China.

FlashEX

Series D in 2021
FlashEx is a leading Asian delivery service provider, specializing in short-distance, intracity deliveries. With over 100 million users and 1 million couriers, it guarantees one-hour or less delivery times across its network of 225 cities in Asia, handling approximately 800,000 deliveries daily.

Lalamove

Series E in 2020
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.

Lalamove

Series D in 2019
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.

Benewake

Series B in 2019
Benewake is a prominent manufacturer and developer of solid-state LiDAR sensors and solutions, specializing in technologies that advance autonomous driving and automation across various industries. The company offers a range of LiDAR products, including basic flash LiDAR and 3D LiDAR, which are now in mass production and carry appropriate certifications. These sensors are essential for applications such as collision avoidance in autonomous vehicles, logistics operations in drones, and smart home robotics. Benewake's innovative solutions also support simultaneous localization and mapping, enhancing safety and intelligence in driving systems. With a strong intellectual property portfolio, Benewake's LiDAR products have successfully penetrated global markets, including Europe, America, and Asia-Pacific, positioning the company as a leader in its field.

FlashEX

Series D in 2018
FlashEx is a leading Asian delivery service provider, specializing in short-distance, intracity deliveries. With over 100 million users and 1 million couriers, it guarantees one-hour or less delivery times across its network of 225 cities in Asia, handling approximately 800,000 deliveries daily.

Lalamove

Series C in 2017
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.

FlashEX

Series C in 2017
FlashEx is a leading Asian delivery service provider, specializing in short-distance, intracity deliveries. With over 100 million users and 1 million couriers, it guarantees one-hour or less delivery times across its network of 225 cities in Asia, handling approximately 800,000 deliveries daily.
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