Shunwei Capital
顺为资本
Shunwei Capital is an investment fund whose appearance in elsewhere's corpus is limited to one fact: it was an investor in cross-border e-commerce company SHEIN . Beyond that, elsewhere's corpus does not contain material genuinely about the fund — its founding, team, size, or strategy aren't covered here, so a fuller profile can't be drawn from these sources.
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Coverage
AI Music's Largest Single Funding Round: ACE Raises $40 Million in Pre-B Round | 5Y News
ACE Studio has accumulated nearly 100,000 paying creators and over 3 million professional production tracks.
After DJI and Insta360, He's Building Cars Like Robots
European cargo e-bikes, made in China.
22-Year-Old Embodied AI CEO, 5 Funding Rounds, Over $100 Million: "Don't Know How High the Sky Is," "Ate Ten Years of Bitterness in One Year" | Interview with RoboParty's Huang Yi
Unitree Funding Story Exhibition
Ancient stories always carry a special kind of allure.
The elsewhere Podcast Is Back with Xing Meng
Better to not live at all than to live without enough experience.
Vol.006 | A Conversation with Xing Meng: 'I'm Terrified of Being Like Everyone Else'
Yunqi Capital Leads Poke Robotics' Nine-Figure Pre-A Round: Tackling the "Manipulation" Challenge in Embodied AI | Yunqi Partners
From "Can Move" to "Can Get Things Done"
ZhenFund angel project "Guibu Microelectronics" closes strategic funding round exceeding RMB 100 million, doubling down on 4D imaging millimeter-wave radar chips
Deepening its focus on the mmWave sensing track.
5Y News | DJI-Linked AI Nature Exploration Startup Deeplore Raises Tens of Millions of Yuan in Seed Round
"Explorers for Explorers."
演语科技 (Yanyu Technology) has raised nearly $300 million in a Series B+ round to build out its AI-powered creative product matrix.
Integrating frontier model capabilities deeply with professional creative workflows.
Code Moment | Evoken Closes Nearly $300 Million Series B+ Round, Existing Shareholder Source Code Capital Continues to Double Down
Spirit AI's Spirit v1.6 Tops Authoritative Benchmarks, Closes 1.5 Billion Yuan Series A+ Round | Oasis Capital Vitality
Dual Breakthroughs in Technology and Capital
BlueRun Ventures Portfolio Company NeoImmuneTech Completes $38 Million Financing to Advance First-in-Class "Myeloid Cell Engager" Immunotherapy Pipeline | BlueRun Family
From Technical Platform Validation to Clinical Value
MaKe (Code Engraving) | Senior Robotics Firm "Pipi Bear" Closes Tens of Millions of RMB in Series A Funding, Focusing on Elderly Lifestyle Service Scenarios
Low-speed electric vehicles, sales volume ranked #1 nationwide
"Shenpu Intelligence" Closes New Financing Round of Several Hundred Million Yuan, Led by Linear Capital | Linear Portfolio
Using family-like commercial scenarios as an entry point.
"Octopus Power" Secures Hundreds of Millions in Funding Led by Top Singapore VC K3, with Linear Capital Continuing to Invest | Linear Portfolio
Lay a more solid foundation for the go-global strategy.
Shouxing Technology Secures Hundreds of Millions of Yuan in New A1 Round; Humanoid Robot Makes Cover Debut in *Science Robotics*
Humanoid emotional-interaction robotics company AheadForm has announced the completion of a Series A1 round totaling several hundred million RMB.
Source Code Capital Portfolio | "Faoro Robotics" Announces Close to $100 Million Series C Funding Round, Existing Shareholder Source Code Capital Continues to Increase Stake
Source Code Capital, a longtime shareholder, led the company's Series B round.
"Octopus Power" Closes Nearly $50 Million Series A, Co-Led by Linear Capital and Others | Linear Portfolio
Building a sustainable, self-evolving embodied-intelligent productive force.
Spirit AI Closes Nearly 2 Billion Yuan Funding Round! Valuation Exceeds 10 Billion Yuan | Oasis Capital Vitality
Accelerating Machines' Understanding of the Physical World
Three "Tech Guys" Valentine's Day Gift: Early-Stage Portfolio Company Manycore Tech Completes Filing for Hong Kong IPO | Yunqi Capital
Race to become the "first global spatial intelligence stock"
The Fundraising Stories of China's "Six Little Tigers": Six Paths, Six Lives
If Kimi ever goes public, will the bell-ringing photo look very different?
MiniMax Goes Public: The $1.5 Billion Fundraising Blitz, 15 Reasons Investors Bet on It, and How Long Each One Lasts
One Year in AI, Five Years on Earth
MaKe | MaHui Member Keyi Tech Closes New Funding Round of Over 100 Million Yuan, Unveils New Product at CES
Source Code Capital led J&T Global Express's 2020 funding round and participated in a follow-on round in 2021.
January, Emergence, and Prologue | 5Y News Monthly
The big news from last month.
MaHui Member LibLibAI Raises $130 Million in Funding; Existing Investor Source Code Capital Continues to Increase Stake
The Largest Single Funding Round in China's AI Application Sector in 2025
Exclusive | LiblibAI Raises $130 Million, Led by Hongshan and CMC
Go big or go home.
5Y News | AheadForm, a 5Y Capital portfolio company, closes new funding round exceeding RMB 100 million
A distinctive pioneer in the field of embodied intelligence.
MaKe | MaHui Member "Starmax Innovation Beatbot" Secures 1 Billion RMB in Funding, Opening a New Chapter for Yard Robots
The AI Investment Mid-Game: Talent Wars, Faith Divides, and Super Opportunities
I notice you've entered a period/full stop (。) with no Chinese text to translate. Please provide the Chinese content you'd like me to translate, and I'll be happy to help.
Spirit AI's Yang Gao: Scientists Aren't the Most "Reliable" Entrepreneurs, But Building a Startup Is Like Playing a Game | Oasis Vitality
Counselor on Vitality
Spirit AI Closes Nearly 600 Million RMB Pre-A+ Round | Oasis Vitality
Consultant Vitality
No matter how the world changes, *Dark Tide* turns three.
Before the sun rises, Anyong will keep searching for answers alongside all of you.
Rongbao | Generative AI and medical device companies close new funding rounds, setting domestic records in their respective sectors
The Power of Aspiration.
MaKe | MaHui Member "LiblibAI" Announces Hundreds of Millions of RMB in Funding, Will Continue Increasing Creator Incentives and R&D Investment
Accelerating the Buildout of Creative Infrastructure for the AI Era
LiblibAI Secures Another Round of Hundreds of Millions of RMB in Funding, Advancing Toward the World's Largest AI Content Creation and Consumption Platform
Expand the platform's reach globally.
2024, When Everyone Stands at a Crossroads: 96 Investors' Decisions
Deciding is easy. Waiting is hard.
To AI Founders: In 2025, Go to These VCs for Funding | Debriefing a Year in Primary Markets with Jing Liu of "Waves"
"2024: Who's Still Actively Investing in AI?"
Wanxun Technology Raises Nearly RMB 200 Million in Series A Funding | BlueRun Ventures
Accelerating Large-Scale, Multi-Scenario Deployment of Intelligent Soft Robotics
To AI Founders: In 2025, Go to These VCs for Funding | A Year-in-Review of the Primary Market with "An Yong" and Jing Liu
Yunqi Capital Co-leads Over 100 Million RMB Series B in AI Smart Imaging Brand "hohem" | Yunqi Capital
How Can On-Device AI Help You Create Content?
ZhuLing Tech Raises Another Eight-Figure USD Pre-A Round, Achieves 0.5mm Tile-Laying Precision | BlueRun Ventures
A New Pioneer in the Construction Robotics Industry
Returning to Dollar-Denominated VC: Is It Like Joining the Nationalist Army in 1949? | A Conversation with Xing Meng, 5Y Capital's New Partner
Are those who go against the current naive, or brave?
MaHui Spotlight | MaHui Member Starmax Closes Over RMB 500 Million Series A, Existing Shareholder Source Code Capital Increases Stake
Spirit AI Releases First Demo, Aiming to Build Generalizable Robots | Oasis Capital Vitality
Counselor Vitality
Infinigence AI Raises Nearly RMB 1 Billion in Total Funding, Aiming to Become the Go-To "Compute Operator" in the LLM Era | Oasis Vitality
Advisor on Vitality
Embodied intelligence startup Spirit AI has raised nearly 200 million RMB in an angel round, with Oasis Capital making consecutive follow-on investments | Oasis Vitality
Counselor Vitality --- *Note: This appears to be a fragment without context. "参赞" can mean "counselor" (diplomatic title) or "participate in planning/support" (from classical Chinese). "生命力" means "vitality" or "life force." If this is a title or heading from a specific article, additional context would help determine the intended meaning — e.g., whether it refers to a diplomatic role, a brand/product name, or a philosophical concept about sustaining vitality.*
4 Stanford PhDs Crash Into a Trillion-Yuan Track | Z Circle
Force control is a critical, necessary step toward humanoid robots.
5Y News | 5Y Capital Portfolio Company ReviR Therapeutics Raises $30 Million in Series A Funding
Continuing to advance "oral gene therapy" through AI+RNA.
Exclusive | Moonshot AI's valuation reaches $3 billion in new round; Tencent joins after Alibaba
A full list of Moonshot AI's investors to date.
A Bright Future Ahead: RTE Innovation Challenge Global Top Three Announced | 5Y News
Salute to all founders.
A Complete Map of China's Industrial Investment: When the Gears of Fate Begin to Turn
Seven sectors, 200 investments, 500 funds — all in nine charts.
Oasis Capital's Early Investment "Every Moment Technology" Secures Hundreds of Millions of RMB in Series C Funding | Oasis Vitality
Counselor Vitality
We Studied 1,000 Corporate Venture Capital Deals and Found That "Strategic Capital" Is a Myth
So what exactly is true industrial investment?
Xingmai Innovation Raises Nearly 200 Million Yuan in Angel Round, Source Code Capital Participates
The proceeds from this round will be used primarily for product R&D, supply chain development, and brand building.
"Whatever one man can imagine, other men can make real" | 5Y News Monthly
The major events from last month.
5Y News | 5Y Capital Portfolio Company "Nowcoder" Closes $50 Million Series B Funding
Powering the full lifecycle of campus recruiting — from sourcing to onboarding.
2023 Spring Supersonic Program Opens Recruitment: Staying True to Our Mission, Growing Against the Headwinds
Connecting the startup ecosystem.
Three Barometers for the Primary Market, for Your Reference
The bilateral order of the primary market is being restructured on both sides.
Bishijia Technology Closes Nearly RMB 200 Million Series C Round, Unveils Next-Generation Intelligent Operations Product Suite
Accelerate the deployment of intelligent operations platforms across more industries.
Code Time | Coffee Machine Brand xBloom Parent Company "TBDx Inc" Announces Completion of Two Rounds Totaling $15 Million in Funding, Source Code Capital Leads Seed Round and Continues Investment
Redefining the at-home coffee experience through technology.
Agora x 5Y Capital | 2022 Supersonic Program Spring Cohort Wraps, Top Eight Announced
Applications are now open for the fall Supersonic Startup Partners Program.
Investment, People, Life | 5Y Capital Pub Vol. 7 x This Is Sound Life
A serendipitous journey, moments that left me in awe of founders, and bits of life along the way.
MaHui | Source Code Capital's Xingchen Zhang Named to Cyzone's 40 Under 40 Investors List
"Finding tech founders full of conviction"
Code Moment | Keyi Tech Announces Completion of New Funding Round
Continuing to explore more possibilities for consumer robots to enter households.
SheIn Says No IPO Plans for Now as New $100 Billion Valuation Remains Unconfirmed
SheIn responds exclusively to *Dark Tides Waves*.
Fairino Raises Over $50 Million in Series B Led by Source Code Capital
Delivering high-performance collaborative robot products at extreme cost-performance ratios.
Agora x 5Y Capital, "Supersonic Program" 2022 Spring Cohort Opens Recruitment
Help startups grow in ways that create real value.
February: When the Tiger Roars, the Wind Rises | 5Y News Monthly
The big news from last month.
Industrial goods e-commerce platform "Yimaigongpin" raises tens of millions of dollars in Series C funding
Make it easier, cheaper, and more convenient for small businesses to buy industrial products.
5Y News | Emerging Skincare Brand *C咖* Closes Series B Round
Innovative single-use pod masks.
5Y News | AI+RNA Startup ReviR Therapeutics Closes Tens of Millions of Dollars in Pre-A Round
Using AI algorithms and gene technology to drive targeted RNA drug development.
AI Chronic Disease Management Platform DeepNaps Announces New Round of Funding in the Tens of Millions of Dollars, Existing Investor Source Code Capital Continues to Increase Stake
In the future, it aims to serve 50% of China's chronic disease patients.
Source Code Capital portfolio company Lingxing announced the completion of a 280 million yuan Series C funding round, with existing shareholder Source Code Capital continuing to increase its stake.
Served more than 100,000 cross-border e-commerce businesses.
Source Code Capital portfolio company "TenaFe" announces $58 million Series B funding round, with existing investor Source Code Capital continuing to increase its stake
Provides end-to-end solid-state drive (SSD) controller solutions, with its chip products approaching mass production.
Innovusion Closes $66 Million B+ Round to Accelerate LiDAR Mass Production
Building world-leading mass-production supply chains and production lines for LiDAR, jointly advancing the development of autonomous vehicles.
Keyi Tech announced the completion of a Series B financing round of tens of millions of US dollars, with previous lead investor Source Code Capital continuing to increase its stake.
Building a Versatile Robot Platform
FreeS Family Funding News · May | Chicecream, ACC Super Accessories, DataPipeline, and Ganying AI Secure Funding
We also released two short videos this week — follow us to check them out.
Cross-border e-commerce SaaS provider **Lingxing ERP** announced the completion of a 200 million yuan Series B funding round, with Source Code Capital as the investor.
All-in-one cross-border e-commerce operations management system.
Source Code Capital Portfolio Company YiCan Closes Nearly $10 Million Series A, with Existing Investor Source Code Capital Increasing Stake
The platform has served more than 1,500 enterprise clients across a wide range of industries, including enterprise services, artificial intelligence, e-commerce, healthcare, automotive and transportation, food & beverage and retail, education, and finance.
Source Code Capital portfolio company CassTime raises $35M in Series C3 round led by returning shareholder Source Code Capital
One-stop auto aftermarket industrial internet platform & industry solutions.
Source Code Capital portfolio company GalaxySpace announces new funding round, with existing shareholder Source Code Capital continuing to increase its stake
GalaxySpace, the first unicorn in China's commercial aerospace and satellite internet sectors, has now entered the final assembly phase for its second self-developed broadband communications satellite.
5Y News | GalaxySpace Closes New Funding Round, Becoming China's First Satellite Internet Unicorn
GalaxySpace, a leading satellite internet company, has closed its latest funding round at a post-money valuation of nearly RMB 8 billion.
Morningside-backed XtalPi raises over $300 million in new funding | Light Moments
5Y Capital has long been bullish on the application of computational science in the life sciences, hoping that the convergence of IT and biotechnology will soon usher human health into a new era.
Source Code Capital Portfolio Company CassTime Announces $50 Million Series C2 Funding Round, Source Code Capital Co-Led Series C1
The business has expanded to 366 cities nationwide, serving 1.5 million vehicles per month.
Source Code Capital portfolio company YiCan announced the completion of a multi-million-dollar Pre-A funding round, with existing investor Source Code Capital continuing to increase its stake.
The company serves nearly 1,000 clients, with 70% being post-Series A companies or those generating annual revenue exceeding RMB 20 million.
Rongbao · September | YITU and Zhuiyi Clinch World Championship Titles, "Ronghui" Steps into QQ Mini Programs...
Wishing everyone a happy National Day!
GalaxySpace has completed a new round of financing, aiming to provide global 5G satellite communications and satellite internet services.
Following this round of funding, the company will continue to focus on R&D for low-orbit broadband communications satellites and the commercial deployment of application scenarios.
Rongbao · July | Beibei Group Launches New Business Beicang, "Ronghui" Discusses Public Affairs Strategy...
Creating better life through innovation.
Bishu Technology Raises Tens of Millions of Yuan in Series A+ Round to Advance Its Intelligent Operations "Brain"
Dedicated to building a world-leading AIOps intelligent operations engine, using AI technology to empower the IT operations field.
Flexiv Unveils First Adaptive Robotic Arm, Bringing Third-Generation Robotics Technology
The world's first adaptive robot made its debut at the 2019 Hannover Messe in Germany.
Aqara Completes B+ Strategic Funding Round, Making Smart Home Technology a Mass-Market Consumer Product
A more complete smart home experience.
Source Code Capital portfolio company Yijiupi raises $200 million in Series D funding, co-led by Meituan and Tencent, with existing investor Source Code Capital continuing to increase its stake
Yijiupi (supply chain/retail terminals) + Tencent (WeChat Pay/Mini Programs) + Meituan (in-store/on-demand delivery)
Top 5/15/50/100, Going Global to India, Teaming Up with Tencent on IVI... 13 Takeaways and 8 Insights | FreeS Chalkboard · August
"Choose the more long-term path, even if it's the harder one."
Exploring Ten Thousand Possibilities for Matcha: Guancha Raises Tens of Millions in Series A | FreeS Fund Investment News
"I've prepared enough patience for Guancha, and I'm young enough."
Shima Raises 300 Million RMB in Series C to Improve Mobility for 800 Million Rural Residents | FreeS Fund News
Constantly pushing boundaries.
The Fourth Annual Ma Hui Conference Successfully Held, CEOs Gather to Share Entrepreneurship Insights, Four Companies Announce Completed Financing Rounds | Ma Hui Journal · April
**Source Code Capital Newsletter:** Here we record the small steps of progress made by our team members, share the joy of growth, and look forward to an even brighter future.
5 Companies Raise Funding, Several Make China's Top 100 Unicorns List | Code Meet Journal · March
【Source Code Capital Chronicle】A place to record the small steps forward of our team members, share the joy of growth, and look toward an even brighter future.
Edianzu Closes $32 Million Series C Led by Source Code Capital
After this round of financing, Edianzu's valuation exceeded $200 million.
Asset360 Closes New Funding Round; Existing Investor Source Code Capital Continues to Increase Stake
End-to-end, one-stop services covering the full lending lifecycle — from pre-loan origination and mid-loan management through post-loan collection and resolution.
Hai Feng Education Raises Tens of Millions of Dollars in Series C Funding from TAL Education Group and Source Code Capital
Following its Series B round in July 2017, this marks the second round of funding Hai Feng Education secured within six months.
2 Overseas Market Funding/Acquisition Deals, 6 Companies Undergoing Strategic Upgrades, 7 Companies Winning Multiple Awards | Code Meet Journal · November
**Source Code Capital Chronicles** — recording the small steps forward of our community members, sharing the joy of growth, and looking forward to an even brighter future.
RozBuzz Raises Tens of Millions in Series A Funding from Shunwei Capital, Xiaomi, and Source Code Capital
Capture the feed-content entry point for India's indigenous languages.
Why Is the Pay Gap Between '80s and '90s AI Talent Only 15%? | *2017 Early-Stage Enterprise Compensation Survey Report*
The salary secrets of 19,014 positions across 152 companies.
How Should Startups Design a Compensation System? Here's a Chance to Get the *2017 Early-Stage Enterprise Compensation Survey Report*
Manage the "people" and the "money."







































































































