
Shunwei Capital
Description
Shunwei Capital is a prominent venture capital firm based in Beijing, China, co-founded in 2011 by Lei Jun, the visionary founder of Xiaomi, and Tuck Lye Koh. The firm has established itself as a key investor in China's rapidly evolving internet and technology sectors, with a primary focus on early- to mid-stage companies. Leveraging Lei Jun's extensive industry insights and the strategic resources of the Xiaomi ecosystem, Shunwei Capital aims to identify and nurture disruptive startups with high growth potential, particularly those aligned with mobile internet, smart hardware, e-commerce, and enterprise services.
The firm's investment philosophy centers on providing not just capital but also strategic guidance and operational support to its portfolio companies. Shunwei Capital actively seeks out entrepreneurs who are building innovative products and services that address large market opportunities. Their portfolio spans a diverse range of sectors, including deep technology, artificial intelligence, fintech, and consumer internet, reflecting a broad yet strategic approach to capturing value in the digital economy. This hands-on approach and deep industry connections have contributed significantly to the success of many of their investments.
Shunwei Capital has demonstrated a robust investment track record, managing multiple funds with total assets under management exceeding $3 billion. The firm is known for its prolific investment activity, having made over 500 investments across China and India since its inception. While their typical first cheque size can vary based on the stage and specific opportunity, they generally deploy capital ranging from approximately $2 million for promising early-stage ventures to around $25 million for more developed mid-stage companies. Their notable investments include early stakes in giants like ByteDance, Kuaishou, and Meituan, underscoring their ability to identify future market leaders and generate significant returns for their limited partners.
Investor Profile
Shunwei Capital has backed more than 126 startups, with 19 new investments in the last 12 months alone. The firm has led 28 rounds, about 22% of its total and boasts 38 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Series C rounds (top funding stages).
- Majority of deals are located in China, India, United States.
- Strong thematic focus on Software, E-Commerce, Internet.
- Led 6 rounds in the past year.
- Typical check size: $2M – $25M.
Stage Focus
- Series A (27%)
- Series B (26%)
- Series C (19%)
- Series D (9%)
- Seed (8%)
- Series Unknown (3%)
- Angel (3%)
- Series E (2%)
- Series I (1%)
- Series F (1%)
Country Focus
- China (66%)
- India (17%)
- United States (11%)
- Indonesia (2%)
- Singapore (2%)
- Brazil (1%)
- Israel (1%)
- Taiwan (1%)
- Japan (1%)
Industry Focus
- Software
- E-commerce
- Internet
- Manufacturing
- Artificial Intelligence (Ai)
- Information Technology
- Hardware
- Electronics
- Financial Services
- Mobile Apps
Frequently Asked Questions
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