Shunwei Capital () is a

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

-based

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...

firm founded in 2011. It was founded by

Lei Jun Lei Jun (born 16 December 1969) is a Chinese billionaire entrepreneur and philanthropist. He is known for founding the consumer electronics company Xiaomi. As of October 2022, Lei Jun's net worth was estimated at either US$8.1 billion according ...

(the

founder Founder or Founders may refer to: Places *Founders Park, a stadium in South Carolina, formerly known as Carolina Stadium * Founders Park, a waterside park in Islamorada, Florida Arts, entertainment, and media * Founders (''Star Trek''), the ali ...

and

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...

Xiaomi Corporation (; ), commonly known as Xiaomi and registered as Xiaomi Inc., is a Chinese designer and manufacturer of consumer electronics and related software, home appliances, and household items. Behind Samsung, it is the second largest m ...

) and Tuck Lye Koh. The firm focuses on investing in the technology sector in China as well as other countries such as

India India, officially the Republic of India ( Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the ...

and

Indonesia Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guine ...

Background

Shunwei Capital was founded in 2011 by

and Tuck Lye Koh. Both of them were experienced with the technology scene in China. Lei was previously the

of Kingsoft until 2007 as well as founder of

in 2010 while Koh was a

Singaporean Singaporeans, or the Singaporean people, refers to citizens or people who identify with the sovereign island city-state of Singapore. Singapore is a multi-ethnic, multi-cultural and multi-lingual country. Singaporeans of Chinese, Malay, I ...

who worked in China for

GIC Gic is a village in Veszprém County, Hungary. External links Street map (Hungarian) Populated places in Veszprém County Ghyczy family {{Veszprem-geo-stub ...

and C.V. Starr Investment Advisors dealing with technology investments. The firm provides

growth capital Growth capital (also called expansion capital and growth equity) is a type of private equity investment, usually a minority investment, in relatively mature companies that are looking for capital to expand or restructure operations, enter new mar ...

to internet and technology companies mainly in China but also in other countries such as

and

. Investments have been made by the firm in

telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than tha ...

, digital media,

video games Video games, also known as computer games, are electronic games that involves interaction with a user interface or input device such as a joystick, controller, keyboard, or motion sensing device to generate visual feedback. This feedb ...

rural internet Rural Internet describes the characteristics of Internet service in rural areas (also referred to as "the country" or "countryside"), which are settled places outside towns and cities. Inhabitants live in villages, hamlets, on farms and in other ...

, and

financial technology Fintech, a portmanteau of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. Artificial intelligence, blockchain, cloud computing, and big data are ...

sectors. As of 2020, the firm has invested in over 400 companies. Investors of the firm include

sovereign wealth funds A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as ...

funds of funds A "fund of funds" (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. This type of investing is often referred to as multi-manager investment. A ...

, university endowment funds and

family offices A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50-$100 million in investable assets, with the goal being to effectively grow and transfer w ...

. Shunwei Capital's name comes from a

Chinese idiom ''Chengyu'' () are a type of traditional Chinese idiomatic expression, most of which consist of four characters. ''Chengyu'' were widely used in Classical Chinese and are still common in vernacular Chinese writing and in the spoken language t ...

(順勢而為) that means "to leverage a trend to achieve greatness".

Funds

Notable investments

* Pionex *

Nio are two wrathful and muscular guardians of the Buddha standing today at the entrance of many Buddhist temples in East Asian Buddhism in the form of frightening wrestler-like statues. They are dharmapala manifestations of the bodhisattva Vajra ...

* iQiyi *

YY.com YY is a major Chinese video-based social network, a subsidiary of JOYY. It has over 300 million users. It features a virtual currency which users earn through activities such as karaoke or creating tutorial videos and which is later converted t ...

Webull Webull Corporation is a holding company incorporated in the Cayman Islands and headquartered in New York. Its subsidiaries operate an electronic trading platform, accessible via mobile app and desktop computer, offering commission-free and low-c ...

Xpeng Motors Guangzhou Xiaopeng Motors Technology Co Ltd (), doing business as XPeng Motors (), commonly known as XPeng, is a Chinese electric vehicle manufacturer. The company is headquartered in Guangzhou, Guangdong, with offices in Mountain View, Cali ...

CloudWalk Technology CloudWalk Technology Co. Ltd. is a People's Republic of China, Chinese developer of facial recognition system, facial recognition software. The company has been sanctioned by the United States government for allegedly participating in major human r ...

Momenta Momenta is an autonomous driving company headquartered in Beijing, China that aims to build the 'Brains' for autonomous vehicles. In December 2021, Momenta and BYD established a 100 million yuan ($15.7 million) joint venture to deploy autonomou ...

Zomato Zomato () is an Indian multinational restaurant aggregator and food delivery company founded by Deepinder Goyal and Pankaj Chaddah in 2008. Zomato provides information, menus and user-reviews of restaurants as well as food delivery options fro ...

Misfit Misfit may refer to: Film, books, and television * "Misfit" (short story), a 1939 short story by Robert A. Heinlein * The Misfit, a character in Flannery O'Connor's short story " A Good Man Is Hard to Find" * ''Misfit'' (1965 film), a 1965 Amer ...

Sharechat ShareChat is an Indian social media platform, owned by Bangalore-based Mohalla Tech Pvt Ltd. It was founded by Ankush Sachdeva, Bhanu Pratap Singh and Farid Ahsan, and incorporated on 8 January 2015. ShareChat has over 400 million monthly activ ...

Pratilipi Pratilipi is an Indian online self-publishing and audiobook portal. It features content in twelve languages: Hindi, Urdu, English, Gujarati, Bengali, Marathi, Malayalam, Tamil, Kannada, Telugu, Punjabi and Odia. History ''Pratilipi'' is a Sa ...

Truebil Truebil.com is a Mumbai-based company, which operates virtual marketplace for trading used cars in Mumbai, Bangalore and Delhi, along with a retail vertical called Truebil Direct. Launched on 13 March 2015. Truebil uses artificial intelligence (A ...

* Koo *

Gojek PT Gojek Indonesia (stylized in all lower case and stylized ''j'' as goȷek, formerly styled as GO-JEK) is an Indonesian on-demand multi-service platform and digital payment technology group based in Jakarta. Gojek was first established in Ind ...

References

External links

www.shunwei.com
(Company Website) {{authority control Chinese companies established in 2011 Financial services companies established in 2011 Investment management companies of China Venture capital firms of China