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    Chengwei Capital logo

    Chengwei Capital

    Shanghai, ChinaFounded 1999
    chengwei.comLinkedIn
    AIHealthcareEnterprise SoftwareSaaSHardware & SemiconductorsBiotech & Life SciencesManufacturingEducation

    Founded in 1999, Chengwei Capital is one of the earliest independent venture capital firms in China, headquartered in Shanghai. The firm manages both closed-ended and evergreen funds, investing across a broad range of technology sectors including AI, healthcare, semiconductors, and enterprise software, with a focus on early-stage companies.

    Average disclosed round size is $64.4M (across 25 rounds with reported amounts).

    Find people at Chengwei Capital on Goldilocks AI

    Portfolio

    20

    Fund Size

    —

    Top Stage

    Series B

    Last 12 Mo

    0

    Team

    JS

    Jie Shen

    Managing Partner

    RG

    Richard Gu

    Managing Partner

    TB

    Tim Bao

    Vice President

    YL

    Yu Lei

    Associate

    XZ

    Xiaodong Zhou

    Investment Manager

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    29 investments
    CompanyRoundAmountDate
    TandemAI logoTandemAISeries A$22MJan 2025
    Sila logoSilaSeries G—Jun 2024
    Full-Life Technologies logoFull-Life TechnologiesSeries B$47.3MJan 2024
    PPerpetual MedicinesSeed$8MJan 2023
    RRuiguSeries D$250MJan 2021
    SScivita MedicalSeries A—Jan 2021
    Sila Nanotechnologies logoSila NanotechnologiesSeries G$375MJan 2021
    Sensely logoSenselySeries A$15MOct 2019
    SiFive logoSiFiveSeries D$65.4MJun 2019
    Sila Nanotechnologies logoSila NanotechnologiesGrowth$170MApr 2019
    AAInnovationSeries A$60MJan 2019
    Sensely logoSenselySeries B$8MJan 2019
    SiFive logoSiFiveSeries C$50.6MApr 2018
    RRuiguUnknown$32MJan 2018
    SSense.lySeries B$8MFeb 2017
    Sensely logoSenselySeries B$8MJan 2017
    oTMS logooTMSSeries B$25MSep 2016
    oTMS logooTMSSeries B$25MJan 2016
    APUS Group logoAPUS GroupSeries B$100MJan 2015
    Apus logoApusSeries B$100MJan 2015
    oTMS logooTMSSeries A$10MJan 2015
    Light Chaser Animation Studios logoLight Chaser Animation StudiosSeries B$20MJun 2014
    PPolyeraUnknown$24.5MJan 2012
    StarFive logoStarFiveSeed——
    BBAIBUSeries C$30M—
    Page 1 of 2

    Top Co-Investors

    Matrix Partners6 shared
    Sutter Hill Ventures5 shared
    Baidu Ventures4 shared
    Source Code Capital4 shared
    InnoVen Capital4 shared
    Silicon Valley Bank3 shared
    8VC3 shared
    Bessemer Venture Partners3 shared
    Susquehanna Private Equity Investments2 shared
    Susquehanna2 shared
    Sojitz Corporation2 shared
    Mojo Partners2 shared
    Pegasus Tech Ventures2 shared
    Redpoint Ventures2 shared
    Northern Light Venture Capital2 shared
    Junson Capital2 shared
    Sky9 Capital2 shared
    Fidelity Investments2 shared
    OrbiMed2 shared
    Yunqi Partners2 shared

    Last updated: 7 October 2026