Panda Capital

Founded in 2015, Panda Capital is a new generation venture capital firm in China focused on early-stage businesses powered by innovative and disruptive technology. Panda Capital is a disciplined early-stage investor focused on companies from Angel to Series B stages and strive to become their first or the second institutional investor.We focus on fast-growing tech startups in areas including Data Driven AI Applications, Enterprise Services, Fintech, Logistics, Mobility & Transportation, and New Generation Consumer Trends. Our family of portfolio companies include: Mobike (Now as Meituan Bike), Atzuche, Mi-Me Financial, 1ziton, Intengine Technology, Xunyi (Antwork), Robot++, Aiwhale, Dr. White and Fulmz AI, etc. Panda Capital have received various awards including "2017 & 2018 China Venture Capital Firms Top 10" by Zero2IPO, “2017 China’s Best Venture Capital Firms Top 10” and “2017 China’s Best Return Venture Capital Firms Top 10” by China Venture, and “2017 China Venture Capital Firms in Sharing Economy Top 10” by 36Kr, etc.

Ryan Li

Partner

Tony Liang

Partner

Jinqi (James) Chen

Associate

Past deals in Shanghai

Fermion Technology

Series B in 2022
Fermion Technology focuses on the development of an AI-assisted pharmaceutical technology platform for small molecule drugs. Through in-depth cooperation with CROs and original pharmaceutical companies, AI technology is used to improve the efficiency of the early development of new drugs.
Shenzhen Jingyu Technology is an aquaculture and development platform. They offer services for biotechnology to establish traceable ecological industrial chains for breeding, processing, and cold chain transportation.

Lanjiang Technology

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

Baibaojun

Seed Round in 2022
Baibaojun provides users with rich and diverse insurance industry news and trends and transmits insurance knowledge. Baibaojun promotes and sells traffic to assist consumers in finding insurance consultants and insurance teams in acquiring customers. Babaojun collaborates with industry partners to transform the traditional insurance supply and demand relationship, transforming the sales-oriented user into a passive supply chain.

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.

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.

LemonBox

Series A in 2021
LemonBox combines big data and US registered dietitians, to offer personal, nutritional, and living-well advice to Chinese customers. It provides personalized daily vitamin packs made in the U.S. and shipped to customers within 7-10 days, based on a monthly subscription model. LemonBox was founded in 2016 and is based in Beijing, China.

LemonBox

Seed Round in 2020
LemonBox combines big data and US registered dietitians, to offer personal, nutritional, and living-well advice to Chinese customers. It provides personalized daily vitamin packs made in the U.S. and shipped to customers within 7-10 days, based on a monthly subscription model. LemonBox was founded in 2016 and is based in Beijing, China.

Taste Lab

Angel Round in 2020
Taste Lab is an perator of a food brand intended to provide healthy snacks.

Dongchi

Series A in 2020
Dongchi is a brand that creates low-calorie meals. Dongchi offers diet food products that help people slim down. They provide services that include physical fitness and eating habits, enabling consumers to exercise. They hope to assist more people in achieving weight loss and regaining health.

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
1003 POLO is a polo sports service provider that uses polo as a carrier to inherit the Chinese polo culture and popularize the polo sport in China. It aims to link the world's best polo resources to more domestic elites. Provide the ultimate lifestyle. 1003 POLO, by Luo Bin as one of the female representatives of Chinese polo, together with William Hsu, Jackie Wang, Sharon Li, Garance Ullens and many other family business successors who love polo, they not only graduated from Top universities such as Peking University, Oxford, and Columbia University have a special liking for polo, and with their willpower, they insist on training and promote polo as their career and responsibility. 1003 POLO is currently the only integrated service platform in China that integrates polo lifestyle, polo elite education, polo tournament organization, polo IP, and polo public welfare.

Fermion Technology

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

Haalthy

Series B in 2019
Haalthy is a platform that provides data on patients and families with lung cancer.

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
Lexing Technology is a Transportation & Space company.

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
Headquartered in Beijing, RobotPlusPlus is a technology company developing robots for working at height. We combine robotics, AI and RaaS to provide fast, safe, green, cost-efficient robotic solutions to shipbuilding, maritime, petrochemical, power generation and property management industries.

Dr.White

Angel Round in 2018
Dr.White is an AI and robotics company.

Xunyi

Series A in 2018
Antwork is an AI drone company, which is creating a new logistics network with unmanned drones, and cars.

Startor

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

Intengine Technology

Series A in 2018
Tanjing Technology is a storage-first architecture, which provides end-side AI chips and solutions for various IoT terminal devices.

Mi-Me Financial

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
Zuowenzhitiao offers content and education services for users to learn Chinese compositions. Through data and technology, the company supports research, teaching, and learning. To simplify the vast amounts of data, content, the teaching and research system, and educational theories, Zuowenzhitiao is dedicated to using scientific methods.

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
Headquartered in Beijing, RobotPlusPlus is a technology company developing robots for working at height. We combine robotics, AI and RaaS to provide fast, safe, green, cost-efficient robotic solutions to shipbuilding, maritime, petrochemical, power generation and property management industries.

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.

Kaiyun Motors

Angel Round in 2016
Kaiyun Motors creates intelligent commercial vehicles that improve logistics and transportation. Kaiyun Automobile is dedicated to becoming China's premier intelligent commercial vehicle manufacturer and service provider. Kaiyun Automobile will manufacture smart commercial vehicles based on the "Xiaomi" model.

Meituan Bike

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.

Meituan Bike

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.

Mi-Me Financial

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.

Atzuche

Series B in 2015
Atzuche is a peer-to-peer car rental start-up. Founded in 2014, Atzuche operates an app, which customers can use to rent cars from car owners. After the customer orders a car, Atzuche staff will pick up the car from the owner and drive it to the customer. The platform is expanding fast. It claims to have three million registered users, and 100, 000 registered cars in 14 Chinese cities, including Beijing, Shanghai and Shenzhen. Half of of its users rent cars for day trips, 20% for taking test drives, and 20% for their daily commute.

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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