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

Wei Li

Partner

Xinting Liu

Associate

Ma Yanxin

Vice President

Rui Li

Executive Director

Yuke Tong

Associate

Ruofan Wang

Associate

Zhuoqun Xu

Analyst

Past deals in Hardware

Hohem

Series B in 2024
Hohem is a camera gimbal developer specialized in the research, development, and design of drone flight control and image stabilization systems. Its key products are automatic face tracking shooting stabilizer, Bat vision positioning multi-rotor flight control system, Bfly multi-rotor flight control system, and Bee cross-country multi-rotor flight control system.

Zhuling Technology

Seed Round in 2024
Zhuling Technology is a robotics company that specializes in construction robot machines and core hardware and technology solutions.

Tanshao Technology

Seed Round in 2024
Tanshao Technology specializes in semiconductor device manufacturing equipment.

Qianxun Intelligence

Seed Round in 2024
Qianxun Intelligence is an intelligent technology developer that offers software development, intelligent robot research and development, AI hardware sales, AI application software development, information system integration services, and Internet sales.

Yupan Technology

Seed Round in 2024
Yupan Technology specializes in the core control technology of car intelligent chassis, offering secure chassis execution systems and global stable intelligent control solutions.

Qianxun Intelligence

Seed Round in 2024
Qianxun Intelligence is an intelligent technology developer that offers software development, intelligent robot research and development, AI hardware sales, AI application software development, information system integration services, and Internet sales.

Xinsu Technology

Seed Round in 2023
Xinsu Technology develops, designs, and sells industrial machine vision sensor devices. It is specialized in new energy battery and automobile manufacturing industries. It engaged in intellectual property rights of decoding and reading algorithms and has launched a series of industrial high-performance fixed code readers such as R275-A.

Xiaoyu Technology

Series A in 2022
Xiaoyu (Beijing) Technology is a leading provider of smart agricultural IoT, big data and cloud computing platform products and solutions in China. The intelligent agricultural Internet of Things series products developed by the company: based on low-power embedded technology, wireless communication technology and intelligent sensing technology to realize the informatization and intelligent hardware of agricultural facilities, including: intelligent temperature control equipment, intelligent rolling shutter machine , intelligent soil detector, small weather station, intelligent irrigation equipment, etc.

CIX Technology

Angel Round in 2022
CIX Technology specializes in developing advanced intelligent computing solutions, focusing on high-performance, energy-efficient general-purpose computing chips and CPUs. Utilizing ARM architecture, the company designs its products for a variety of applications, including notebooks, desktops, high-end tablets, and augmented/virtual reality systems. By enhancing processing power, CIX Technology enables enterprises to create more efficient electronics and other technological products, ultimately improving computing speed and performance across various sectors.

Yuanfang Youguang

Seed Round in 2022
Stoke Voltaics is an outdoor 3C hardware design and development company that develops and sells outdoor 3C hardware products globally.

Eartech

Series A in 2021
Eartech specializes in developing intelligent audiometry and hearing aid technology. The company focuses on enhancing hearing capabilities by utilizing advanced chip and voice recognition technology to process, classify, and clarify sounds. Through its innovative approach, Eartech aims to improve hearing testing and rehabilitation services for individuals with hearing impairments, contributing to the advancement of the hearing aid industry.

TenaFe

Series B in 2021
TenaFe, Inc. is a technology company that specializes in the development of solid-state drive (SSD) controllers aimed at enhancing data storage solutions across various platforms, including client devices, data centers, and emerging edge applications. Founded in 2018 and based in Campbell, California, TenaFe leverages its patented technology to deliver SSDs characterized by exceptional reliability, performance, and energy efficiency. These innovations serve a diverse array of devices, from connected gadgets and personal computers to large-scale data center operations, ultimately improving storage reliability and energy consumption for its clients.

Dreame Technology

Series C in 2021
Dreame Technology, founded in 2015 and based in China, specializes in the production of premium smart home appliances, including hairdryers and vacuum cleaners, inspired by Dyson's design principles. The company focuses on integrating advanced technologies into its products to enhance everyday life. Its vacuum cleaners utilize high-speed motors, monocular machine vision, simultaneous localization and mapping (SLAM), and multi-cone cyclone separation, allowing for efficient and effortless home cleaning. Through its innovative approach, Dreame Technology aims to deliver high-quality solutions that simplify domestic tasks for consumers.

New Vision Electronics

Series C in 2021
New Vision Electronics is a national high-tech enterprise focused on the research, development, and manufacturing of advanced automotive visual solutions. The company specializes in products such as windshield head-up displays, augmented reality head-up displays, cabin monitoring systems, transparent A-pillars, and transparent window displays. By leveraging innovative technology, New Vision Electronics aims to enhance the digital experience in smart vehicles. It has established itself as a leading supplier of in-vehicle visual solutions in China, serving notable clients such as NIO, Geely, BAIC, and Chery. Through its commitment to quality and innovation, New Vision Electronics is shaping the future of automotive technology.

LuxCreo

Series B in 2021
LuxCreo Inc., established in 2017, specializes in 3D printed dental solutions, featuring an FDA Class II 510(k) cleared additive manufacturing platform. The company enhances productivity in dental clinics and laboratories by enabling the same-day production of dental appliances such as aligners, retainers, night guards, and splints, achieving efficiency improvements of three to ten times. LuxCreo's innovative technology not only streamlines the manufacturing process but also ensures rapid delivery and elevated patient care through increased precision and hygiene. In addition to its core dental services, LuxCreo also engages in software and electronic hardware development, further contributing to advancements in 3D printing technology and improving overall production efficiency in the manufacturing sector.

RAKwireless Technology

Series A in 2021
RAKwireless Technology is a prominent provider of connectivity solutions specializing in the Internet of Things (IoT). The company develops infrastructure and modular edge devices tailored for IoT, Smart City, and Smart Agriculture applications. By leveraging Low Power Wide Area (LPWA) technologies, RAKwireless addresses the growing need for efficient and scalable solutions in various environments, including urban and rural settings. Their offerings encompass a diverse range of middleware devices, gateways, kits, modules, sensors, and accessories, enabling enterprises to seamlessly create and implement their IoT products. RAKwireless is committed to simplifying IoT deployment through innovative modular components and a unified software interface, promoting a philosophy of "IoT Made Easy." This approach ensures that organizations can build high-performance, energy-efficient solutions that are both cost-effective and user-friendly, ultimately unlocking the full potential of connected technologies.

Dreame Technology

Series B in 2020
Dreame Technology, founded in 2015 and based in China, specializes in the production of premium smart home appliances, including hairdryers and vacuum cleaners, inspired by Dyson's design principles. The company focuses on integrating advanced technologies into its products to enhance everyday life. Its vacuum cleaners utilize high-speed motors, monocular machine vision, simultaneous localization and mapping (SLAM), and multi-cone cyclone separation, allowing for efficient and effortless home cleaning. Through its innovative approach, Dreame Technology aims to deliver high-quality solutions that simplify domestic tasks for consumers.

LuxCreo

Series B in 2019
LuxCreo Inc., established in 2017, specializes in 3D printed dental solutions, featuring an FDA Class II 510(k) cleared additive manufacturing platform. The company enhances productivity in dental clinics and laboratories by enabling the same-day production of dental appliances such as aligners, retainers, night guards, and splints, achieving efficiency improvements of three to ten times. LuxCreo's innovative technology not only streamlines the manufacturing process but also ensures rapid delivery and elevated patient care through increased precision and hygiene. In addition to its core dental services, LuxCreo also engages in software and electronic hardware development, further contributing to advancements in 3D printing technology and improving overall production efficiency in the manufacturing sector.

Rokae

Series B in 2018
Rokae specializes in the research, development, production, and application of lightweight industrial robots and advanced robot control systems aimed at enhancing industrial automation. The company focuses on delivering high-performance robotic products and interactive control systems across various sectors, including computing, communications, consumer electronics, textiles, food, medicine, and automotive manufacturing. By emphasizing independent research and development, Rokae aims to provide tailored hardware and integrated application solutions that add significant value for high-end manufacturers.

MIIIW

Series A in 2018
MIIIW is an online e-commerce platform that provides computer peripherals and desktop office accessories. It also engaged in the field of computer peripherals and desktop offices. They provide products for a wireless mouse, mouse pads, tabletop humidifier fans, data cables, rotary timers, temperature, and humidity clocks.

LuxCreo

Seed Round in 2018
LuxCreo Inc., established in 2017, specializes in 3D printed dental solutions, featuring an FDA Class II 510(k) cleared additive manufacturing platform. The company enhances productivity in dental clinics and laboratories by enabling the same-day production of dental appliances such as aligners, retainers, night guards, and splints, achieving efficiency improvements of three to ten times. LuxCreo's innovative technology not only streamlines the manufacturing process but also ensures rapid delivery and elevated patient care through increased precision and hygiene. In addition to its core dental services, LuxCreo also engages in software and electronic hardware development, further contributing to advancements in 3D printing technology and improving overall production efficiency in the manufacturing sector.

Qingfeng Shidai Technology

Seed Round in 2018
Qingfeng Shidai Technology is a Smart Hardware company.

Soocas

Series B in 2018
Soocas (Shenzhen) Technology Co., Ltd., established in 2015, specializes in personal digital health care products, focusing on innovative solutions for oral hygiene and personal care. The company is well-known for its sonic electronic toothbrushes, particularly the flagship model X3, and also offers products like blow dryers and shaving razors, all designed to integrate seamlessly within the Xiaomi ecosystem. Soocas emphasizes research and development to create high-performance, intelligent products tailored to consumer needs. The team comprises experienced professionals from leading hardware companies, bringing extensive knowledge in product design and user experience. With a commitment to innovation and quality, Soocas aims to enhance personal health care through its advanced electronic products.

ASU Tech

Series A in 2017
Beijing ASU Tech Co. Ltd, established in 2015 and headquartered in Beijing, China, specializes in the research, development, and manufacturing of technology hardware products, particularly wearable smart devices. The company focuses on creating innovative products such as health monitoring smartwatches and Bluetooth-enabled headsets. Utilizing advanced laser display and virtual touch technology, ASU Tech aims to deliver a unique user experience while ensuring affordability for its customers.

Lexiu Dianzi

Angel Round in 2017
Lexiu Dianzi is a wholesaler and retailer of electronic products, home appliances and kitchen appliances.

Soocas

Series A in 2017
Soocas (Shenzhen) Technology Co., Ltd., established in 2015, specializes in personal digital health care products, focusing on innovative solutions for oral hygiene and personal care. The company is well-known for its sonic electronic toothbrushes, particularly the flagship model X3, and also offers products like blow dryers and shaving razors, all designed to integrate seamlessly within the Xiaomi ecosystem. Soocas emphasizes research and development to create high-performance, intelligent products tailored to consumer needs. The team comprises experienced professionals from leading hardware companies, bringing extensive knowledge in product design and user experience. With a commitment to innovation and quality, Soocas aims to enhance personal health care through its advanced electronic products.

Yeeuu Technology

Angel Round in 2016
Yeeuu Technology, headquartered in Hangzhou, China, specializes in the development and distribution of smart home hardware. Its product portfolio includes smart fingerprint locks like the R2/fido and K2, as well as the S170 smart knob with fingerprint recognition. The company's offerings integrate fingerprint recognition and IoT technology, providing secure and aesthetically pleasing solutions for modern homes.

MiaoMiaoCe

Angel Round in 2016
MiaoMiaoCe is a technology and production company that focuses on innovation and intelligent hardware research and development.

MADV Technology

Series A in 2016
MADV specializes in the development of hardware and software for 360-degree panoramic cameras. The company has introduced the Madventure 360 Camera, which features a self-developed catadioptric lens module with a right-angle prism. This camera aims to establish itself as a key product in the personal panoramic market, providing users with high-quality and user-friendly photographic options. In addition to the Madventure 360 Camera, MADV is also focused on creating home security cameras, further expanding its range of innovative imaging solutions.

Qingmi Keji

Angel Round in 2015
Qingmi Keji is a company which is based in the electric circuit information industry, with integrated circuits, intelligent control, signal transmission, and control as the development direction and is committed to the design, development, and prosuction of home products. The interface supports market-leading brand electronic products and is compatible with a dedicated IC. Electronic equipment can be properly protected and potential safety risks can be avoided using overcurrent, overvoltage, short circuit, and protection features.

Fengyu Keji

Angel Round in 2015
Fengyu Keji is a walkie-talkie development company. They provide a number of product lines including analog intercom, digital intercom, network intercom, and satellite communication systems that have been formed in the field of communication.

Zimi

Series B in 2015
Zimi is a manufacturer of portable battery chargers for electronic devices. The company is committed to the research and development and manufacturing of high-end smartphone accessories, wireless Bluetooth headsets, and smart hardware under its own brand. ZMI brand wireless Bluetooth headsets, mobile power supplies, chargers, wireless chargers, data cables, smart home appliances, rainbow batteries, and other ZMI products have won market favor due to their excellent quality and low prices. The company's power-related technology can be applied to Xiaomi's smartphones and other IoT-based products to achieve higher competitiveness, and standardization of its products' power supply to achieve cost savings.

Longcheer

Series A in 2015
Longcheer is a Shanghai-based company that specializes in providing design solutions for mobile telecommunications devices. Founded in 2002, it offers a comprehensive range of services, including hardware and software development, system testing, and exterior design. The company is involved in the research, development, and manufacturing of various terminals, such as smartphones, tablets, AI PCs, XR products, AIoT devices, and automotive electronics. Additionally, Longcheer manufactures, sells, and trades mobile handsets, printed circuits, data products, and related materials. Beyond its core technology services, Longcheer also engages in property investment activities.

SmartMi International Limited

Series A in 2015
Smartmi, established in 2014, is focused on designing and manufacturing smart home appliances. They are constantly improving product design and pushing forward technological innovation to interconnect smart appliances, and let users experience the beauty of living in a comfortable home environment. Their ability to reach this goal comes from pitting they bold imagination against careful thinking. They consider and test out every design possibility, and work towards creating the ideal product experience. While they pursue perfection, they are also combining products with the democratization of consumer ideals so that everybody can have products that improve their lives. This is the goal they have been chasing from the start.

Aqara

Series A in 2014
Aqara has emerged as a prominent brand in the smart home market, offering a diverse range of smart home appliances and IoT solutions tailored for both consumers and industrial applications. Known for their elegant design and high-quality products, Aqara aims to enhance daily living by simplifying routine tasks through innovative technology. The company's offerings leverage AI and data analysis, allowing customization to meet individual lifestyle requirements. With a strong emphasis on cost efficiency, Aqara consistently attracts consumers seeking reliable and stylish smart home solutions.

Lepow

Series A in 2013
Lepow is a design firm and manufacturer specializing in innovative digital products and accessories for mobile devices. The company focuses on reinventing everyday objects to enhance the digital experience, incorporating architectural design elements, vibrant colors, and premium materials to deliver both functionality and aesthetic appeal. Lepow's product range includes portable external batteries, Bluetooth speakers, and various mobile accessories, all designed to bring joy and convenience to consumers. The firm has received recognition for its outstanding industrial design, including a prestigious red dot design award and the iLounge Product of the Year award in 2014. Customers can shop for Lepow's products online and can reach out for support through phone, email, and online applications.

Pebbles Interfaces

Series B in 2013
Pebbles Interfaces specializes in advanced motion sensor technology that enhances human interaction with digital devices. Their innovative sensors allow for the seamless integration of physical objects into the digital realm, enabling users to interact with various platforms—including smartphones, PCs, and smart TVs—through simple and natural gestures. By embedding their minimal hardware into partner products, Pebbles aims to transform the way consumers engage with technology, making interactions more intuitive and accessible. The company's vision is to create a natural interface with both real and virtual objects, ultimately redefining the experience of using consumer electronics.

Xiaomi Technology

Series B in 2011
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.

Xiaomi Technology

Series A in 2011
Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.
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