Investments
64Portfolio 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.

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Latest Shanda Group News
Jul 7, 2023
(Yicai Global) July 7 -- The Tianqiao and Chrissy Chen Institute, a non-profit organization founded by global investment firm Shanda Group’s Chairman Chen Tianqiao and his wife Chrissy Luo, plans to invest CNY1 billion (USD138 million) to support the application of artificial intelligence in brain science research. The TCCI will set up an AI brain science laboratory, MindX, with a startup capital of USD100 million and frontier labs for specific application scenarios, including ‘AI + sleep’ and ‘AI + anti-aging,’ with a startup capital of CNY50 (USD6.9 billion) each, Gerwin Schalk, director of the Chen Frontier Lab for Applied Neurotechnology, said at the World Artificial Intelligence Conference in Shanghai yesterday. MindX will recruit two directors specialized in neuroscience and AI to lead the development of AI through deep research on features of the human brain, including learning, memory, cognition, and emotion, and use AI to unravel the mysteries of the brain. The TCCI will continue to invest further in the labs, Yicai Global learned from the NPO. Founded in 2016, the TCCI funds brain science research projects, including mental health, sleep, and neurodegenerative diseases. In the same year, Chen announced a USD1 billion donation to the California Institute of Technology for brain science research. The TCCI also joined the generative AI frenzy and said in March it would recruit AI talents from around the world, especially algorithm engineers with experience in large language models and natural language processing. NeuroXess, a brain-computer interface research and development company founded by the TCCI, released several first-step research findings at the ongoing WAIC. The Shanghai-based startup successfully implanted brain-computer interfaces on a two-year-old Labrador and a seven-year-old rhesus monkey. Editors: Dou Shicong, Futura Costaglione Follow Yicai Global on RELATED
Shanda Group Investments
64 Investments
Shanda Group has made 64 investments. Their latest investment was in DigiFT as part of their Seed VC on February 2, 2023.

Shanda Group Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
2/28/2023 | Seed VC | DigiFT | $10.5M | Yes | 1 | |
10/25/2022 | Series A - II | WhizAI | Yes | 2 | ||
11/1/2021 | Seed VC - V | Ombre | $3M | Yes | 7 | |
5/28/2021 | Series B | |||||
4/28/2021 | Seed VC |
Date | 2/28/2023 | 10/25/2022 | 11/1/2021 | 5/28/2021 | 4/28/2021 |
---|---|---|---|---|---|
Round | Seed VC | Series A - II | Seed VC - V | Series B | Seed VC |
Company | DigiFT | WhizAI | Ombre | ||
Amount | $10.5M | $3M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 1 | 2 | 7 |
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 Cultural Industrial Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Shanda Capital Cultural Industrial Fund | Expansions & Growth | Open | 1 | ||
Shanda Capital Game Fund |
Closing Date | ||
---|---|---|
Fund | Shanda Capital Cultural Industrial Fund | Shanda Capital Game Fund |
Fund Type | Expansions & Growth | |
Status | Open | |
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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