Search company, investor...
Search

Predict your next investment

Venture Capital
peeliventures.com

See what CB Insights has to offer

Investments

46

Portfolio Exits

3

Funds

1

About Peeli Ventures

Peeli Ventures is an independent venture capital management consulting company focusing on investments in domestic consumer, education, TMT, and other fast-growing industries.

Peeli Ventures Headquarters Location

Suite 2812, ShanghaiMart No. 2299 Yan An Rd West

Shanghai, Shanghai, 200336,

China

+86 21 62362188

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Peeli Ventures News

Blockchain Company Factom Goes into Liquidation

Apr 3, 2020

Factom raised over $8 million in 2017 from well-known investors like Tim Draper, of Draper Associates and Medici Ventures, a wholly-owned subsidiary of Overstock.com, Inc., Peeli Ventures, and Harvest Equity. The news of Factom’s collapse was revealed in a posting by FastForward Innovations Ltd . ( FFWD.L ), a big investor in Factom. FastFoward is a publicly-traded firm that is listed on the London Stock Exchange AIM marketplace. FastForward Director, Ed McDermott, commented on the news: “We are extremely disappointed with this news from Factom. In light of this Dissolution Event under the SAFE we are taking swift action to protect our position as best we can in the circumstances albeit the ability to generate any meaningful return is uncertain. As we go through the Receivership process and understand more of the events that led to this position our position as investors in Factom is expressly reserved.” According to Fast Forward, a board of directors meeting of Factom on March 31, 2020, concluded that absence of further funding “the process of assignment of assets for the benefit of creditors” needed to commence. Fast Forward has invested $6 million in a SAFE or Simple Agreement for Future Equity. SAFE’s are frequently used by early-stage firms that do not want to set a valuation. A SAFE typically holds a trigger event where the investor benefits by participating in an offering at a discount. FastForward said it will become the largest creditor representing well over 90 percent of the creditors. As such FastForward shall control the receivership process and is currently seeking to appoint a receiver to take control of Factom’s assets including all intellectual property upon which the Factom Protocol operates. FastForward explained that its interest in Factom was divided between Series Seed shares and the SAFE valued at £581,000 and £4,880,000 respectively as of 30 September 2019. FastForward said it was likely that the Series Seed shares likely have no value. The value of the SAFE will need to be reviewed. The Directors of FastForward are said to be proactively working with previous Factom management in evaluating options to maximize any value for the assets and the IP. Factom may be a virtual victim of the Coronavirus as VCs pull back from funding risky ventures. Blockchain based startups enjoyed a hype-filled period of investment during the past few years – cooling in 2019. COVID-19 may cool interest in the tech further. Sponsored Links by DQ Promote You may also like...

Peeli Ventures Investments

46 Investments

Peeli Ventures has made 46 investments. Their latest investment was in Xiao Shuo High Tech as part of their Series A on April 4, 2022.

CBI Logo

Peeli Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/11/2022

Series A

Xiao Shuo High Tech

$3.14M

Yes

3

10/26/2021

Series A

Showcon

$9.4M

No

6

8/26/2021

Series A - II

Nowwa

No

1

7/13/2021

Seed VC

Subscribe to see more

Subscribe to see more

10

5/18/2021

Seed VC - III

Subscribe to see more

Subscribe to see more

10

Date

4/11/2022

10/26/2021

8/26/2021

7/13/2021

5/18/2021

Round

Series A

Series A

Series A - II

Seed VC

Seed VC - III

Company

Xiao Shuo High Tech

Showcon

Nowwa

Subscribe to see more

Subscribe to see more

Amount

$3.14M

$9.4M

New?

Yes

No

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

3

6

1

10

10

Peeli Ventures Portfolio Exits

3 Portfolio Exits

Peeli Ventures has 3 portfolio exits. Their latest portfolio exit was Caimomo on December 24, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/24/2021

Acquired

$99M

1

8/2/2021

Acq - Fin

Subscribe to see more

$99M

Subscribe to see more

10

11/4/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/24/2021

8/2/2021

11/4/2020

Exit

Acquired

Acq - Fin

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

1

10

10

Peeli Ventures Fund History

1 Fund History

Peeli Ventures has 1 fund, including Shanghai Entao Investment Management Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

Shanghai Entao Investment Management Fund

Early-Stage Venture Capital

Open

1

Closing Date

Fund

Shanghai Entao Investment Management Fund

Fund Type

Early-Stage Venture Capital

Status

Open

Amount

Sources

1

Peeli Ventures Team

2 Team Members

Peeli Ventures has 2 team members, including current Founding Partner, Xuewen Zhang.

Name

Work History

Title

Status

Xuewen Zhang

Founding Partner

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Xuewen Zhang

Subscribe to see more

Work History

Title

Founding Partner

Subscribe to see more

Status

Current

Subscribe to see more

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.