Investments
7Portfolio Exits
1Funds
1
Want to inform investors similar to Shanghai Guosheng Capital about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Shanghai Guosheng Capital News
Jul 19, 2022
Shanghai Guosheng Capital, Jinggangshan Investment and the investment arm of the country's biggest insurer Ping An Insurance Group were the investors of this round of fundraising, PATEO said in a statement. Reuters July 01, 2022 / 10:16 AM IST Chinese smart vehicle supplier Shanghai PATEO Electronic Equipment Manufacturing Co said on Friday it had raised 1 billon yuan ($149.28 million) in a latest funding round led by state-owned investment firms. Shanghai Guosheng Capital, Jinggangshan Investment and the investment arm of the country's biggest insurer Ping An Insurance Group were the investors of this round of fundraising, PATEO said in a statement. With the new funding, the company has raised a total of 2.5 billion yuan to improve its technology development and innovation, PATEO said. Xiaomi Corp, FAW Group and Dongfeng Motor Group were among its investors. The 13-year-old company said it had been supplying its software developed for smart vehicle cockpit and autonomous driving to nearly 30 auto brands. As the global auto industry pursues an electric and smart future, automakers and tech companies are developing technologies to make vehicles more connected and autonomous.
Shanghai Guosheng Capital Investments
7 Investments
Shanghai Guosheng Capital has made 7 investments. Their latest investment was in siengine as part of their Series A on July 7, 2022.
Shanghai Guosheng Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
7/19/2022 | Series A | siengine | $148.27M | Yes | 3 | |
11/25/2021 | Series A | |||||
9/4/2021 | Series B | |||||
9/1/2021 | Series B | |||||
5/12/2021 | Series B |
Date | 7/19/2022 | 11/25/2021 | 9/4/2021 | 9/1/2021 | 5/12/2021 |
|---|---|---|---|---|---|
Round | Series A | Series A | Series B | Series B | Series B |
Company | siengine | ||||
Amount | $148.27M | ||||
New? | Yes | ||||
Co-Investors | |||||
Sources | 3 |
Shanghai Guosheng Capital Portfolio Exits
1 Portfolio Exit
Shanghai Guosheng Capital has 1 portfolio exit. Their latest portfolio exit was Cloudwalk on May 27, 2022.
Shanghai Guosheng Capital Fund History
1 Fund History
Shanghai Guosheng Capital has 1 fund, including 上海国企改革发展股权投资基金 (Shanghai State-owned Enterprise Reform and Development Equity Investment Fund).
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
上海国企改革发展股权投资基金 (Shanghai State-owned Enterprise Reform and Development Equity Investment Fund) | 1 |
Closing Date | |
|---|---|
Fund | 上海国企改革发展股权投资基金 (Shanghai State-owned Enterprise Reform and Development Equity Investment Fund) |
Fund Type | |
Status | |
Amount | |
Sources | 1 |
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.