Shunwei Capital

Battery giant Anker backs programmable robot maker Keyi

The promise of STEAM robots, which are billed to increase children’s interest in science, technology, engineering, arts and mathematics (STEAM), has been around for years. The market is teeming

China’s logistics robot maker VisionNav raises $76M at $500M valuation

Industrial robotics has in recent years become one of the hottest tech sectors in China as the country encourages the use of advanced technology to enhance efficiency on the production floor. VisionNa

AR glasses maker Nreal nabs $200M funding in 12 months

China’s augmented reality startup Nreal is on a roll. The company, which hopes to bring AR to the masses by making bright-color, lightweight smart glasses, has just received $60 million in a Se

China’s EV upstarts are building their own investment powerhouses

The investment game going after automotive startups is getting more competitive in China with not only established venture capital firms joining the fray but also industry veterans. Two mobility-focus

Shein overtakes Amazon as top shopping app on US app stores

Shein‘s quiet rise has reached a crescendo as the fast fashion e-commerce app takes the crown from Amazon as the No.1 app in the shopping categories of iOS and Android in the United States, acco

Hong Kong logistics unicorn Lalamove unveils foray into the US

Lalamove, an on-demand logistics service active in China, Southeast Asia and Latin America, has officially entered the U.S. seven years after launch. As the COVID-19 pandemic keeps millions of Americ

Xiaomi backs Dyson’s Chinese challenger Dreame in $15 million round

Once known for its affordable smartphones, Xiaomi has in recent years been transforming itself into an online mall for consumer electronics by making deals and building relationships with hundreds of

An IPO? In this economy?

Late last week a Chinese company called Kingsoft Cloud filed to go public in the United States. There are a few questions to answer.

7-month-old Simsim secures $16M for its social commerce in India

Simsim, a social commerce startup in India, said on Friday it has raised $16 million in seven months of its existence as it attempts to replicate the offline retail experience in the digital world wit

India’s Meesho raises $125M to expand its social commerce business

Meesho, a Bangalore-based social commerce startup, has raised $125 million in a new financing round to expand its business in the country and change the way millions shop online. The Series D round wa

iSpace becomes the first private Chinese company to launch satellites to orbit

With a successful launch from the Gobi Desert blasting off at around 1:10 PM Beijing time (1:10 AM ET), Chinese space launch startup iSpace (which, awesomely, is also called StarCraft Glory Space Tech

Pratilipi, a ‘YouTube for writers’ storytelling platform in India, raises $15 million

Pratilipi, an app that is uniting writers in India and encouraging others to try their hand at storytelling, has just raised $15 million to expand its network in the nation. The Series B financing rou

Startups Weekly: Flexport, Clutter and SoftBank’s blood money

Plus, Pinterest is going public too, Lyft's IPO is imminent and London is home to the largest pre-seed fund ever.

On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn

Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. F

India’s Meesho, which enables social commerce via WhatsApp, raises $50M

Meesho, a Bangalore-based social commerce startup, has closed a $50 million investment to grow its business in its Indian homeland ahead of future international expansion. This Series C round means th

IP platform PatSnap picks up $38M from Sequoia and Xiaomi founder’s fund

PatSnap, a Euro-Asian company that offers a patent and R&D platform and services, has pulled in a $38 million Series D funding round led by existing investors Sequoia and Shunwei Capital, the in

India-based used car marketplace Truebil refills its tank with $3M raise

Truebil, a marketplace for selling used cars in India, has closed a $3 million post-Series A funding round from China’s Shunwei Capital. Its $5.5 million Series A was raised in January 2016.

Smart Bike Startup Yunmake Gets Series A From Xiaomi Founder’s Investment Firm

Yunmake, a Hangzhou-based smart bike maker, has raised a Series A led by Shunwei Capital, the investment firm led by Xiaomi chief executive officer Lei Jun. The company did not reveal the precise amou