Panda Capital

Panda Capital, founded in 2015 by partners Wen, Liang Weihong, Li Xinyi, and Mao Shengbo, is a venture capital firm based in China that specializes in early-stage investments. The firm targets innovative and disruptive technology companies, typically participating as one of the first institutional investors in ventures ranging from Angel to Series B stages. Panda Capital focuses on fast-growing tech startups across various sectors, including data-driven AI applications, enterprise services, fintech, logistics, mobility, transportation, and emerging consumer trends. Its diverse portfolio includes notable companies like Mobike, Atzuche, and Mi-Me Financial. The firm has garnered recognition within the industry, earning several awards for its performance and impact in the venture capital space.

Julius Shen

Head of Investor Relation

43 past transactions

Fulmz AI

Series B in 2022
Fulmz Technology focuses on the development of AI-assisted pharmaceutical technology platform for small molecule drugs. Through in-depth cooperation with CRO and original pharmaceutical companies, AI technology is used to improve the efficiency of early development of new drugs.

Lanjiang Technology

Angel Round in 2022
Lanjiang Technology is a developer of agricultural robots for field planting management.

Silk Road Interconnection

Seed Round in 2022
Silk Road Internet mainly provides Amazon's agency operation services, including production planning, store operations, marketing promotion, warehousing and logistics management, etc., for the US market.

HeyLayer

Pre Seed Round in 2022
Layer technologies, Inc. is a Blockchain-enabled platform, focused on encryption and control of sensitive data.

QianDao App

Series B in 2021
QianDao App develops blind box toy and garage kit trading software designed for youth. Users can order customize toys according to their personal preferences on the platform this company developed. The products mainly include Happy Train and Wedding Flower Girl series, providing a community for Garage Kit followers and collectors in China. The company was founded in 2019 and is headquartered in Putuo District, Shanghai, China.

Coinweb

Seed Round in 2021
Coinweb makes blockchain technology more mainstream by making it more personal and more connected. The easy to use Coin Name System make it easier to use and trade tokens, and their powerful chain agnostic Hyperlayer connects blockchains, allowing for smart contracts to be deployed over multiple root chains.

LemonBox

Series A in 2021
LemonBox is a Beijing-based company that specializes in providing personalized daily vitamin packs and nutritional supplements. Founded in 2016, it utilizes big data and the expertise of registered dietitians from the United States to deliver tailored nutritional advice to its customers in China. The company offers a subscription model, allowing customers to receive their customized vitamin packs, made in the U.S., within 7 to 10 days. By focusing on individual health needs, LemonBox aims to enhance the well-being of its clients through convenient and personalized nutrition solutions.

Gaia EverWorld

Seed Round in 2021
Gaia Everworld is an immersive multi-region fantasy gaming platform that allows players to build kingdoms, explore diverse lands, and engage in battles with characters known as Gaia Legionnaires. By leveraging blockchain technology, the platform ensures that players have complete ownership of their in-game characters and assets. Gaia Everworld operates under a "play to earn" model, rewarding participants with tokenized incentives for their gameplay. This innovative approach reflects the growing trend in the gaming industry, combining interactive entertainment with financial benefits for players.

Chimeras

Seed Round in 2021
Chimeras is a thrilling mobile game available in Google Play Market and Apple App Store. It is developed as a free-to-play and play-and-earn game with the integrated DEFI farming and NFTs.

Ulti Arena

Seed Round in 2021
Ulti Arena solves the problem of traceability of all those assets. By implementing NFT — Non-Fungible Tokens, Artists and Developers can easily track their digital assets usage on blockchain. It also creates new ways of earning: NFT’s can be sold as unique pieces of art that can’t be reproduced and there’s only one owner. Buyers can bid on one-of-a-kind game assets, UI or music. Artists will be able to create their own storefronts complete with customizable themes, colours and unique URL! Developers can also discover Artists through their portfolios. It will be much easier now to find a partner for the next Indie game project or someone to join the AAA game development efforts. Apart from catering to Game Artists and Developers, Gamers will also find something for themselves. As Axie Infinity has shown (People in Phillipines earn money playing games ), playing games can also produce passive income. At Ulti Arena, we’re striving to create a thriving community of Game Enthusiasts. With Discussion Boards, users will be able to earn ULTI Tokens, which will be tradable on major cryptocurrency exchanges. An innovative Proof-of-Gaming concept will also provide a consensus mechanism for users to earn ULTI Tokens by just playing games. The longer they play, the more ULTI Tokens will be generated for that particular player.

Blocksport

Seed Round in 2021
Blocksport is a Swiss Sports Tech specialized in digital identities, collectibles, market place as well as ecosystem solutions. We provide Esport and Sports clubs, streamers, influencers, federations, and leagues with their branded and exclusive white-label mobile app. Our B2B SaaS license model starts from 99€/month and is ready to roll out in 30 days.

LemonBox

Seed Round in 2020
LemonBox is a Beijing-based company that specializes in providing personalized daily vitamin packs and nutritional supplements. Founded in 2016, it utilizes big data and the expertise of registered dietitians from the United States to deliver tailored nutritional advice to its customers in China. The company offers a subscription model, allowing customers to receive their customized vitamin packs, made in the U.S., within 7 to 10 days. By focusing on individual health needs, LemonBox aims to enhance the well-being of its clients through convenient and personalized nutrition solutions.

VIPFIT

Series A in 2020
VIPFIT is an online live-action fitness personal education service platform that provides users with custom-made courses, post-natal recovery courses, sports rehabilitation courses, body shaping courses, and muscle-reduction courses. The content is mainly based on various overseas selected group lessons. The main live broadcast class, TT live fitness also joined friends to do tasks, fight group and other gameplay. The details of the course are also optimized for the family scene, such as splitting some courses into The 3-4 minute temperance is more suitable for users who exercise in the family scene.

Pet’em

Series B in 2019
Pet'em is a comprehensive pet service and merchandise retail brand. By opening offline chain stores, it provides services such as dog certification, pet fostering, pet grooming, and provides on-site service and pets. Nutritional health products, no grain imported staple food and other products.

1003 POLO

Seed Round in 2019
Beijing 1003 Culture Technology Co., Ltd., founded in 2018, is a comprehensive polo sports service provider based in Beijing, China. The company aims to promote polo culture and the sport itself within the country by developing an integrated platform that connects global polo resources with domestic enthusiasts. It operates several polo schools, including 1003 Polo IP and 1003 Polo School, and offers services that encompass elite education, tournament organization, and lifestyle experiences related to polo. The founding team includes notable figures who have a strong academic background and a passion for polo, emphasizing their commitment to advancing the sport in China. 1003 POLO stands out as the only integrated service platform of its kind in the country, focusing on both the promotion of polo as a lifestyle and its cultural significance.

Fulmz AI

Seed Round in 2019
Fulmz Technology focuses on the development of AI-assisted pharmaceutical technology platform for small molecule drugs. Through in-depth cooperation with CRO and original pharmaceutical companies, AI technology is used to improve the efficiency of early development of new drugs.

Miduole

Angel Round in 2019
Miduole is an Internet public welfare platform dedicated to connecting the needs of enterprises and individuals, as well as the fundraising and activities of public welfare organizations. At present, there are three types of products for enterprises, individuals and public welfare organizations on the platform. Donovan Network Technology (Beijing) Co., Ltd. products.

Moreless

Seed Round in 2019
Chaoshan has a relatively clear step-by-step strategy. The first step is to cultivate user habits through the universal content of natural sound; the second step is to reduce the threshold of user cognition through the division of scenes, and intuitively let the user know "what can solve this problem for me"; Three steps to build some experience loops on the basis of scenes. For example, in the sleep section, Chaoshan provides services such as sleep reminder, sleep aid sound, sleep quality monitoring, light wake, alarm clock, etc., allowing users to get from sleeping to waking up. Complete experience.

Lexing Technology

Series A in 2018
Guangzhou Lexing Computing Systems Co., Ltd., founded in 2018 and based in Guangzhou, China, operates an internet platform specifically designed for the automobile industry. The company's focus lies in providing digital solutions that enhance the transportation sector, catering to various needs within the industry. By leveraging technology, Lexing Technology aims to streamline processes and improve the overall efficiency of automobile-related services.

Love Circle

Angel Round in 2018
Love circle is a love social app, female users can make a dominant choice, create a dialogue, male users can only choose whether to be interested in female users, help users solve social problems of marriage and love.

Robot++

Series A in 2018
Robot++ designs and develops robots for industrial use. The company's products include boiler inspection robot, ship rust removal robot, chemical tank de scaling robot, climbing robot, computer room inspection robot, power inspection robot, and chemical station inspection robot. The company offers their services for different applications such as energy, chemical industry, ship rust removal robot, bridge tunnel, port, logistics, pipeline, and emergency. The company is based in Beijing, China.

Dr.White

Angel Round in 2018
Dr.White is an AI & Robotics company.

Xunyi

Series A in 2018
Hangzhou Xunyi Network Technology Co., Ltd., established in 2015 and based in Hangzhou, China, specializes in drone logistics services. The company operates the first drone delivery network in the country, offering on-demand delivery solutions for various items, including mail, packages, food, and medicine. Through its innovative technology, Xunyi aims to enhance the efficiency and speed of delivery services in the Zhejiang region and beyond.

Startor

Seed Round in 2018
Startor is a Media & Entertainment company.

Intengine Technology

Series A in 2018
Beijing based Robotics company.

Mi-Me

Series C in 2018
Shanghai Mi - Me Financial Information Service Co., Ltd is a financial company targeting the beauty market for young women including: medical beauty, life beauty, light luxury, fitness, retail and many other lifestyle products. These products synchronously extended from offline to online and cycles through the macro-ecology of female credit consumption. The company has its present business covering more than 200 cities in China, with more than 2,000 cooperative tenants and more than 2 million registered users to keep providing high-quality and convenient credit consumption services.

Zuowenzhitiao

Angel Round in 2018
ZWZT is a K12 Chinese composition learning app.

Jiangrongxin Technology

Series A in 2018
Developer of financial and marketing software for consumer financial services enterprises. The company's credit card core system helps card issuers manage cardholder's credit and incentives, while their marketing platform can make purchase recommendations to consumers and track user retention.

Robot++

Angel Round in 2018
Robot++ designs and develops robots for industrial use. The company's products include boiler inspection robot, ship rust removal robot, chemical tank de scaling robot, climbing robot, computer room inspection robot, power inspection robot, and chemical station inspection robot. The company offers their services for different applications such as energy, chemical industry, ship rust removal robot, bridge tunnel, port, logistics, pipeline, and emergency. The company is based in Beijing, China.

Rainbow Star

Series A in 2018
Rainbow Star provides agricultural products and food for children in China. Its products include farm products, dry goods, imported fruits, children's food supplement, and eco-day supplies.

Maker Store

Seed Round in 2018
Maker Store provides vending machines.

Mobike

Series C in 2016
Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month. Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.

Mobike

Series B in 2016
Meituan Bike (formerly Mobike) is a Chinese fully station-less bicycle-sharing system. It develops mobile apps for users to find and use bicycles to travel anywhere. Davis Wang Xiao Feng, Hu Wei Wei, and Xia Yi Ping founded Mobike on January 27, 2015, with its headquarters in Beijing, China. Mobike raised $600 million in Series E funding led by Tencent, bringing the firm's fundraising in 2017 alone to nearly US$1 billion in June 2017. It became worth US$3 billion in the same month. Chinese web company Meituan-Dianping acquired Mobike for US$2.7 billion in April 2018. Parent company Meituan-Dianping announced name change from Mobike to Meituan Bike on January 23, 2019 as part of an ongoing integration.

91TianMi

Series A in 2016
Operator of an online loan provider for individuals and small enterprises. The company operates a secure lending platform that offers credit products based on borrower's risk profile and needs, aiming to provide reliable lending solutions for short-term cash needs.

Mi-Me

Series A in 2016
Shanghai Mi - Me Financial Information Service Co., Ltd is a financial company targeting the beauty market for young women including: medical beauty, life beauty, light luxury, fitness, retail and many other lifestyle products. These products synchronously extended from offline to online and cycles through the macro-ecology of female credit consumption. The company has its present business covering more than 200 cities in China, with more than 2,000 cooperative tenants and more than 2 million registered users to keep providing high-quality and convenient credit consumption services.

91TianMi

Series A in 2015
Operator of an online loan provider for individuals and small enterprises. The company operates a secure lending platform that offers credit products based on borrower's risk profile and needs, aiming to provide reliable lending solutions for short-term cash needs.

EO Company

Series A in 2015
Iyiou.com is an industrial tech media and investment research company that focuses on technological and industrial innovation in China
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