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Shanda Group

Founders Tianqiao Chen

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 32
Average round size
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The average size of a deal this fund participated in
$17M
Portfolio companies 24
Rounds per year 1.33
Lead investments 5
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.25
Exits 1
Key employees 3
Stages of investment
Early Stage Venture
Private Equity

Areas of investment

  • Biotechnology
  • Software
  • Health Care
  • Medical Device
  • Medical
Summary

In 1999 was created Shanda Group, which is appeared as VC. The main department of described VC is located in the Menlo Park. The fund was located in North America if to be more exact in United States.

The current fund was established by Tianqiao Chen.

The fund has exact preference in a number of founders of portfolio startups. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular fund investment industries, there are Augmented Reality, Education. Among the most popular portfolio startups of the fund, we may highlight Yunniao Delivery, ElMindA, Lumus. Besides, a startup needs to be aged 4-5 years to get the investment from the fund.

The fund is constantly included in 2-6 investment rounds annually. The usual things for fund are deals in the range of 5 - 10 millions dollars. The high activity for fund was in 2018. Considering the real fund results, this VC is 15 percentage points more often commits exit comparing to other organizations.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Shanda Group, startups are often financed by Granatus Ventures, True., Streamlined Ventures. The meaningful sponsors for the fund in investment in the same round are Ironfire Ventures, Berkeley SkyDeck Fund, Sierra Ventures. In the next rounds fund is usually obtained by Matrix Partners China, GSR Ventures, Warburg Pincus.

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Typical Co-investors
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Mojo Vision

Big Data
Computer Vision
Health Diagnostics
Internet of Things
Medical
Mobile
Software
Wearables
$43M12 Oct 2023 California, United States

Digift

Finance
Financial Services
$10M28 Feb 2023 Singapore, Central Region, Singapore

Jimeng Intelligent

Big Data
Data Integration
Data Mining
Internet
Online Portals
14 Feb 2023 Xuhui, Shanghai, China

Synchron

Information Technology
Manufacturing
Marketing
Medical Device
$75M15 Dec 2022 California, United States

WhizAI

Analytics
Artificial Intelligence
Biotechnology
Business Intelligence
Data Visualization
Enterprise Software
Life Science
Pharmaceutical
SaaS
Software
$6M25 Oct 2022 New Jersey, United States

WhizAI

Analytics
Artificial Intelligence
Biotechnology
Business Intelligence
Data Visualization
Enterprise Software
Life Science
Pharmaceutical
SaaS
Software
$8M29 Sep 2022 New Jersey, United States

Thryve

Education
Fitness
Health Care
Internet
Medical
Medical Device
Wellness
$3M01 Nov 2021 Sunnyvale, California, United States

Synchron

Information Technology
Manufacturing
Marketing
Medical Device
$40M03 Jun 2021 California, United States

Rubedo Life Sciences

Biotechnology
Health Care
$12M03 Dec 2020 Sunnyvale, California, United States
News
Synchron Raises $40M in Series B Funding

– Synchron, a New York-based company developer of brain interface platforms, raised $40M in series B funding.
– The round was led by Khosla Ventures with participation from Forepont Capital Partners, ID8 Investments, Shanda Group, General Advance, Subversive Capital (Michael Auerbach), re.Mind Capital (Christian Angermayer), as well as individuals Arani Bose (Penumbra) and Thomas Reardon and existing investors NeuroTechnology Investors, METIS innovative, and the University of Melbourne.
– The company intends to use the funds to launch U.S. clinical trials of minimally invasive brain computer interface following the conduction of human trials in Australia.

Virtuix Raises $19M in Series A-2 Funding

– Virtuix from Austin TX is the developer of Omni – the first omni-directional treadmill that enables 360-degree movement in virtual environments.
– The company raised $19M in Series A-2 funding.
– The round was led by venture capital firm Spark Capital, with participation from existing investors Tencent, GVR Fund, and Shanda Group.
– The new investment will be used to launch Omni One, a consumer version of the Omni for the home market.

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Total investments 32
Average round size 17M
Rounds per year 1.33
Peak activity year 2018
Lead investments 5
Follow on index 0.25
Exits 1
Group Appearance index 0.88

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Mojo Vision

Big Data
Computer Vision
Health Diagnostics
Internet of Things
Medical
Mobile
Software
Wearables
$43M12 Oct 2023 California, United States

Digift

Finance
Financial Services
$10M28 Feb 2023 Singapore, Central Region, Singapore

Jimeng Intelligent

Big Data
Data Integration
Data Mining
Internet
Online Portals
14 Feb 2023 Xuhui, Shanghai, China

Synchron

Information Technology
Manufacturing
Marketing
Medical Device
$75M15 Dec 2022 California, United States

WhizAI

Analytics
Artificial Intelligence
Biotechnology
Business Intelligence
Data Visualization
Enterprise Software
Life Science
Pharmaceutical
SaaS
Software
$6M25 Oct 2022 New Jersey, United States

WhizAI

Analytics
Artificial Intelligence
Biotechnology
Business Intelligence
Data Visualization
Enterprise Software
Life Science
Pharmaceutical
SaaS
Software
$8M29 Sep 2022 New Jersey, United States

Thryve

Education
Fitness
Health Care
Internet
Medical
Medical Device
Wellness
$3M01 Nov 2021 Sunnyvale, California, United States

Synchron

Information Technology
Manufacturing
Marketing
Medical Device
$40M03 Jun 2021 California, United States

Rubedo Life Sciences

Biotechnology
Health Care
$12M03 Dec 2020 Sunnyvale, California, United States
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