Investments
62Portfolio Exits
7Funds
2Partners & Customers
2Service Providers
1About Shanda Group
Shanda Group is a private investment group, which seeks global opportunities that offer business growth or unique breakthrough potential. The company was founded in 1999 and is currently headquartered in Singapore with offices in Shanghai, Beijing, Hong Kong, Canada, Japan and the US.
Shanda Group Headquarter Location
391B Orchard Road #16-05 Ngee Ann City Tower B
238874,
Singapore
+65 6361 0060
Shanda Group Web Traffic
Shanda Group Rank
Latest Shanda Group News
Jan 12, 2022
(Yicai Global) Jan. 12 -- Chinese brain-computer interface developer NeuroXess has raised CNY97 million (USD15.2 million) in funding from major investors Shanda Group and Sequoia Capital. The tech firm completed its CNY97 million angel round and pre-Series A round, the Shanghai-based company said in a statement yesterday. The firm's BCI device could help doctors locate target areas in the brain more accurately during surgery and help paralyzed patients control robotic arms or exoskeletons to perform everyday actions such as eating and walking, said Tao Hu, founder and chief scientist of NeuroXess. But the biggest BCI market could be among healthy people, according to Tao. "The key is to make the benefits from consumer application overwhelmingly outweigh the risks to the human body during the implantation process." A wider rate of adoption could accelerate product development. "It is a bit like the reason why surgery for myopia is being accepted by more and more people. The risks and trauma of surgery are becoming tiny, as surgical techniques become increasingly advanced,” said the founder. NeuroXess has developed a minimally invasive implant to insert a flexible electrode as thin as one hair under the skin of an animal skull to detect brain signals. The company has tested the technology on mice, rabbits, and monkeys by using surgical robots, a member of the technology team told Yicai Global. The company's BCI could collect signals of cranial nerves which provide motor and sensory functions to the head and neck within 30 minutes after surgery and maintain stable operations for up to eight months after that. The system includes EEG equipment with special processing chips to record brain wave patterns with high data speed and stability, the team member added. But the innovation still needs to overcome many technical hurdles. "Commercial application has quite a long way to go," Yang Xiongli, academic committee director of Fudan University's Institutes of Brain Science, said to Yicai Global. "The existing BCI technology still has noticeable shortcomings in regulating people’s thinking, language, and emotions." Editor: Emmi Laine, Xiao Yi
Shanda Group Investments
62 Investments
Shanda Group has made 62 investments. Their latest investment was in Ombre as part of their Seed VC - IV on November 11, 2021.
Shanda Group Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/1/2021 | Seed VC - IV | Ombre | $3M | Yes | 7 | |
5/28/2021 | Series B | Synchron | $40M | Yes | 20 | |
4/28/2021 | Seed VC | Turn Biotechnologies | Yes | 5 | ||
4/26/2021 | Series A - II | |||||
12/3/2020 | Seed VC - II |
Date | 11/1/2021 | 5/28/2021 | 4/28/2021 | 4/26/2021 | 12/3/2020 |
---|---|---|---|---|---|
Round | Seed VC - IV | Series B | Seed VC | Series A - II | Seed VC - II |
Company | Ombre | Synchron | Turn Biotechnologies | ||
Amount | $3M | $40M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 7 | 20 | 5 |
Shanda Group Portfolio Exits
7 Portfolio Exits
Shanda Group has 7 portfolio exits. Their latest portfolio exit was Meiwei Buyongdeng on January 19, 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 |
---|---|---|---|---|---|
1/19/2021 | Acquired | 4 | |||
Date | 1/19/2021 | ||||
---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 4 |
Shanda Group Fund History
2 Fund Histories
Shanda Group has 2 funds, including Shanda Capital Game Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Shanda Capital Game Fund | Diversified Private Equity | Anticipated | 1 | ||
Shanda Capital Cultural Industrial Fund |
Closing Date | ||
---|---|---|
Fund | Shanda Capital Game Fund | Shanda Capital Cultural Industrial Fund |
Fund Type | Diversified Private Equity | |
Status | Anticipated | |
Amount | ||
Sources | 1 |
Shanda Group Partners & Customers
2 Partners and customers
Shanda Group has 2 strategic partners and customers. Shanda Group recently partnered with Propel(x) on August 8, 2018.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
8/28/2018 | Vendor | United States | Shanda Chooses Propel(x) to Channel Capital to Deep Tech Startups `` We 're honored that Shanda Interactive Entertainment chose Propel to help ePropelpand its investments in deep tech , '' said Lisheng Wang , co-founder of Propel . | 1 | |
2/4/2014 | Partner |
Date | 8/28/2018 | 2/4/2014 |
---|---|---|
Type | Vendor | Partner |
Business Partner | ||
Country | United States | |
News Snippet | Shanda Chooses Propel(x) to Channel Capital to Deep Tech Startups `` We 're honored that Shanda Interactive Entertainment chose Propel to help ePropelpand its investments in deep tech , '' said Lisheng Wang , co-founder of Propel . | |
Sources | 1 |
Shanda Group Service Providers
1 Service Provider
Shanda Group has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Corporate Minority - II | Investment Bank | Financial Advisor |
Service Provider | |
---|---|
Associated Rounds | Corporate Minority - II |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
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