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Holding Company
FINANCE | Investment Firms & Funds
shanda.com

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Investments

62

Portfolio Exits

7

Funds

2

Partners & Customers

2

Service Providers

1

About 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

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Shanda Group Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Shanda Group Rank

Latest Shanda Group News

Chinese BCI Startup NeuroXess Bags USD15.2 Million as of Pre-Series A Round

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.

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Shanda Group Investments Activity

investments chart

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

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$99M

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10

12/3/2020

Seed VC - II

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$99M

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10

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

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Amount

$3M

$40M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

7

20

5

10

10

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

2/18/2020

Acquired

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$99M

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10

11/15/2018

IPO

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$99M

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10

8/12/2015

Acquired

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10

7/12/2015

Acquired

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10

Date

1/19/2021

2/18/2020

11/15/2018

8/12/2015

7/12/2015

Exit

Acquired

Acquired

IPO

Acquired

Acquired

Companies

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Valuation

$99M

$99M

Acquirer

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Sources

4

10

10

10

10

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

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10

Closing Date

Fund

Shanda Capital Game Fund

Shanda Capital Cultural Industrial Fund

Fund Type

Diversified Private Equity

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Status

Anticipated

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Amount

Sources

1

10

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

Japan

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10

Date

8/28/2018

2/4/2014

Type

Vendor

Partner

Business Partner

Country

United States

Japan

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 .

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Sources

1

10

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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