About SPSP Venture Capital
SPSP Venture Capital, an accelerator and incubator program founded in 2008, is based in Pudong, China. With a presence in 1 country, it has supported around 21 startups in sectors like High Tech, Enterprise Applications. Most notable companies in
its portfolio include PETKIT, DFRobot and Shanghai Nanxin Semiconductor Technology. The program primarily supports Seed startups based in China. Its latest investment was a $1.61M Series A round in WeMart on Sep 20, 2015 along with Sinovation Ventures.
SPSP Venture Capital's List of Top Investments
SPSP Venture Capital has a portfolio of 21 companies. Their most notable investmentis in DFRobotTheir portfolio spans across and China. They have invested in High Tech, Enterprise Applications, Consumer and 12 other sectors, across stages such as Seed, Angel and 1 more. Here is the list of top investments by SPSP Venture Capital:1. PETKIT
Private label brand of accessories for pets. The product offerings include feeding bowls, water fountains, smart feeders, and cleaning supplies like paw cleaners, odor eliminators & mats. The products have features like light & motion sensors, water volumetric indicators & food-grade silicone impeller and can be controlled by its app. Its app is available on Android and iOS platforms.
Key facts about PETKIT
- Founded Year: 2013
- Location: Shanghai (China)
- Stage: Series D
- Total Funding till date: $85M
- Employee Count: 29 as on May 31, 2026
- Investors: PreAngel Fund, GGV Capital and 8 Others
- Latest Funding Round: Series D, Aug 17, 2021, $*****
- Highlight: Editors' Pick
2. DFRobot
DFRobot is a robotics and open source hardware provider which caters to hardware engineers, DIY enthusiasts and interactive designers. They claim to have a product catalog of over 900 components like sensors, robotic platform, communication modules and 3D printers. Claims to have raised $72.8K via crowdfunding for a product named Vortex.
Key facts about DFRobot
- Founded Year: 2009
- Location: Shanghai (China)
- Stage: Series B
- Employee Count: 66 as on May 31, 2026
- Investors: Shanghai STVC Group, Walden International and 3 Others
- Latest Funding Round: Series B, Jan 03, 2020, $*****
- Highlight: Editors' Pick
Designer and manufacturer of analog and embedded power management chips. It offers solutions for charging management, battery management, AC/DC, and DC/DC conversion, and power management ICs. These chips serve various markets including consumer electronics, automotive, and industrial applications. The focus is on improving power conversion efficiency for its customers. Products include high-speed CAN/CAN FD chips, in-vehicle camera PMICs, and charging chips for mobile power banks. The company also provides customized power management chips for specific applications such as AMOLED displays and memory systems.
Key facts about Shanghai Nanxin Semiconductor Technology
- Founded Year: 2015
- Location: Shanghai (China)
- Stage: Series D
- Total Funding till date: $14.5M
- Employee Count: 59 as on May 31, 2026
- Investors: Intel Capital, Shunwei Capital and 11 Others
- Latest Funding Round: Series D, Aug 16, 2021, $*****
4. Fruitday
Online B2C platform for imported fruits. It main products are mid and high end fruits, including imported fresh fruits and domestic fresh fruits. It has built a direct platform between suppliers and consumers with self-built cold storage and cold-chain logistics. It has multiple ordering channels, such as website ordering, telephone ordering, TV ordering, direct supply to company, and physical store service.
Key facts about Fruitday
- Founded Year: 2009
- Location: Shanghai (China)
- Stage: Series D
- Total Funding till date: $205M
- Investors: ClearVue Partners, SIG China and 4 Others
- Latest Funding Round: Series D, Aug 08, 2016, $*****
- Highlight: Editors' Pick
Provider of system-on-chip systems for IoT application. It also offers security chips, mobile payment chips, communication RF chips, and identification chips. It provides R&D services for the development of multiple chips including RF, analogue chips, algorithms and software.
Key facts about Core Wing Information Technology
- Founded Year: 2017
- Location: Shanghai (China)
- Stage: Series C
- Total Funding till date: $43.5M
- Investors: Frees Fund, China Merchants Capital and 19 Others
- Latest Funding Round: Series C, Mar 17, 2023, $*****
SPSP Venture Capital's Investments by Stage
SPSP Venture Capital has made 3 investments in Seed stage, 1 investment in Angel stage and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Seed | 3 |
Angel | 1 |
Series A | 1 |
Note: We have considered here, only first round of investments
SPSP Venture Capital's Investments by Sector
SPSP Venture Capital has a diverse portfolio, with companies operating in the Consumer, High Tech, Auto Tech, EdTech and Enterprise Applications. Notably, it has invested in 16 Tech companies, 10 Enterprise (B2B) companies, 9 Consumer (B2C) companies and at least 9 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 2 |
High Tech | 2 |
Auto Tech | 1 |
EdTech | 1 |
Enterprise Applications | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
SPSP Venture Capital's Investments by Geography
SPSP Venture Capital has made most investments in China (5).SPSP Venture Capital's recent investments
SPSP Venture Capital has not made any investment in 2026 so far.Here are the most recent investments by SPSP Venture Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 20, 2015 | China | Series A | 8650 | ||
Feb 2015 | China | Series A | 3845 | ||
Jan 06, 2015 | China | Angel | 7321 | ||
Oct 30, 2014 | China | Seed | 5374 | - | |
Oct 10, 2014 | China | Seed | 6611 |
Co-investors of SPSP Venture Capital
Over the past 13 years, 5 investors have co-invested in SPSP Venture Capital's portfolio companies. This includes only funds.
- Top Co-investors of SPSP Venture Capital: 3 investors entered a company along with SPSP Venture Capital. These include investors like Chenhui Ventures (2 companies).
- Invested after SPSP Venture Capital: Walden International (1 company) and Zhejiang Asia-Pacific Mechanical and Electrical (1 company) are the investors which have invested in SPSP Venture Capital's portfolio after their investments.
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