Shunwei Capital

Shunwei Capital is a Beijing-based venture capital firm founded in 2011 that focuses on early to mid-stage investments in the local internet industry and related technology sectors. It emphasizes incubation and growth capital for startups across information technology, internet services, high technology, new media, games, internet finance, and rural internet, with cross-border interest in opportunities between China and India. The firm targets investments in mobile internet, IoT, smart hardware, and other internet-enabled platforms to support scalable digital economy ventures. Its investor base includes sovereign wealth funds, fund of funds, university endowments, and family offices, reflecting a diverse backing for its venture activities.

Tian Cheng

Partner

Tian Cheng

Partner

Yu Duan

Vice President

Devin (Hang) Gao

Associate

Yuanxiang Gao

Associate

Past deals in Navigation and Mapping

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.

Benewake

Series C in 2022
Benewake is a prominent manufacturer and developer of solid-state LiDAR sensors and solutions, specializing in technologies that advance autonomous driving and automation across various industries. The company offers a range of LiDAR products, including basic flash LiDAR and 3D LiDAR, which are now in mass production and carry appropriate certifications. These sensors are essential for applications such as collision avoidance in autonomous vehicles, logistics operations in drones, and smart home robotics. Benewake's innovative solutions also support simultaneous localization and mapping, enhancing safety and intelligence in driving systems. With a strong intellectual property portfolio, Benewake's LiDAR products have successfully penetrated global markets, including Europe, America, and Asia-Pacific, positioning the company as a leader in its field.

VisionNav Robotics

Series C in 2021
VisionNav Robotics Limited is a Shenzhen-based company founded in 2015 that specializes in designing and manufacturing autonomous industrial vehicles and intralogistics automation solutions. Utilizing advanced technologies such as artificial intelligence, environmental perception, and deep learning, VisionNav has developed a range of products, including vision navigation unmanned forklifts and tractor trucks. The company caters to various sectors, including e-commerce logistics, aviation logistics, and third-party logistics, aiming to enhance efficiency in global logistics operations. With innovations like high-density material storage and automated truck loading, VisionNav has successfully implemented its solutions across more than 50 projects in diverse industries, including automotive, food, and pharmaceuticals.

Innovusion

Series B in 2021
Innovusion, founded in 2016 and based in Sunnyvale, California, specializes in developing autonomous driving perception systems. The company is renowned for its image-grade LiDAR sensor systems, which are designed to meet the rigorous demands of level 4 and 5 autonomous vehicles as well as Advanced Driver Assistance Systems (ADAS). Innovusion's products stand out due to their combination of long range, high resolution, hardware-accelerated sensor fusion, compact design, ease of integration, and cost-effectiveness.

Lalamove

Series E in 2020
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.

Lalamove

Series D in 2019
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.

Benewake

Series B in 2019
Benewake is a prominent manufacturer and developer of solid-state LiDAR sensors and solutions, specializing in technologies that advance autonomous driving and automation across various industries. The company offers a range of LiDAR products, including basic flash LiDAR and 3D LiDAR, which are now in mass production and carry appropriate certifications. These sensors are essential for applications such as collision avoidance in autonomous vehicles, logistics operations in drones, and smart home robotics. Benewake's innovative solutions also support simultaneous localization and mapping, enhancing safety and intelligence in driving systems. With a strong intellectual property portfolio, Benewake's LiDAR products have successfully penetrated global markets, including Europe, America, and Asia-Pacific, positioning the company as a leader in its field.

Lalamove

Series C in 2017
Lalamove, originally launched as EasyVan in December 2013 in Hong Kong, is an on-demand logistics platform that connects customers with driver-partners for rapid delivery services. Operating in 21 markets across Asia and Latin America, the company serves over 7 million customers and boasts a network of more than 700,000 drivers. Lalamove has transformed traditional van hiring by enabling instant matches between customers and drivers, often within 12 seconds. The platform facilitates same-day deliveries, typically completing local deliveries within 55 minutes. Additionally, Lalamove provides features such as real-time vehicle tracking and driver ratings, allowing businesses to efficiently scale their delivery operations while optimizing drivers’ routes and earnings.

Momenta

Series B in 2017
Momenta is an autonomous driving startup based in Beijing that specializes in developing advanced software solutions for full autonomy in vehicles. The company leverages deep learning technologies for perception, high-definition semantic mapping, and data-driven path planning, providing multi-level autonomous driving solutions alongside big data products and services. Momenta's team includes leading experts in computer vision and deep learning, contributing to the company's innovative approach to autonomous driving. Their technology is designed to enhance driving efficiency and safety, aiming to improve the overall experience for users through artificial intelligence.

Momenta

Series A in 2017
Momenta is an autonomous driving startup based in Beijing that specializes in developing advanced software solutions for full autonomy in vehicles. The company leverages deep learning technologies for perception, high-definition semantic mapping, and data-driven path planning, providing multi-level autonomous driving solutions alongside big data products and services. Momenta's team includes leading experts in computer vision and deep learning, contributing to the company's innovative approach to autonomous driving. Their technology is designed to enhance driving efficiency and safety, aiming to improve the overall experience for users through artificial intelligence.

KakaMobi

Seed Round in 2011
Beijing Mucang Science and Technology is a mobile Internet company focused on the automobile consumer market. Kakamobi is a platform operated by Beijing Mucang Science and Technology, and it is focused on the development of mobile applications in automobile consumption. Its products include driver assistant, inquiries on violation of rules, and more. The team members are from well known IT enterprises or scientific research institutes such as Baidu and NetEase. Beijing Mucang Science and Technology was founded in 2011, and has gained investment from well known venture capitalists since its establishment.

Momenta

Momenta is an autonomous driving startup based in Beijing that specializes in developing advanced software solutions for full autonomy in vehicles. The company leverages deep learning technologies for perception, high-definition semantic mapping, and data-driven path planning, providing multi-level autonomous driving solutions alongside big data products and services. Momenta's team includes leading experts in computer vision and deep learning, contributing to the company's innovative approach to autonomous driving. Their technology is designed to enhance driving efficiency and safety, aiming to improve the overall experience for users through artificial intelligence.
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