About Shanjin Capital
Shanjin Capital is a venture capital firm founded in 2016. It is primarily based out of Pudong, China. As of Jan 2023, Shanjin Capital has invested in 5 companies. It primarily invests in Series C round in China based startups. Its investments are spread across a wide range of sectors from High Tech to Life Sciences and Semiconductors. Most recently it participated in the $***** Series A round of ASTSiC Overall, Shanjin Capital portfolio has seen 1 IPO, namely GenFleet Therapeutics. A lot of funds co-invest with Shanjin Capital, with names like HM Venture Partners sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series C & 1 more
Portfolio IPOs
Shanjin Capital's List of All Investments
Shanjin Capital has a portfolio of 5 companies. Their most notable investmentis in ASTSiCTheir portfolio spans across and China. They have invested in High Tech, Life Sciences, Semiconductors and 2 other sectors, across stages such as Series B, Series C and 1 more. Here is the list of all investments by Shanjin Capital:
Developer of drugs for treating tumors and autoimmune diseases. The company's pipelines started with mediating the tumor microenvironment. The company is involved in the development of new drugs for the new subtypes of tumor mature target families the third type of was the development of new drugs for mature immune targets, including small molecule drugs, and biological macromolecular drugs.
Key facts about GenFleet Therapeutics
- Founded Year: 2017
- Location: Pudong (China)
- Stage: Public
- Total Funding till date: $166M
- Employee Count: 51 - 200 as on Jul 01, 2024
- Investors: Lake Bleu Capital, BOCOM International and 21 Others
- Latest Funding Round: Series C, Dec 31, 2021, $*****
- Highlight: Public
2. Tianrang
Tianrang offers data analysis and smart solutions for businesses using deep learning and AI technology. It can automatically gather data related to marketing trends and purchase information on Alibaba’s e-commerce platform, then analyze this data and help vendors in making smarter marketing decisions
Key facts about Tianrang
- Founded Year: 2016
- Location: Shanghai (China)
- Stage: Series B
- Total Funding till date: $26.3M
- Employee Count: 19 as on May 31, 2026
- Investors: Gaorong Capital, CMB International Capital and 4 Others
- Latest Funding Round: Series B, Sep 28, 2021, $*****
- Highlight: Editors' Pick
3. MLINK
Provider of NB-IoT-based chips for short-range wireless communication. It adopts a 55nmLP process, supports 3GPPR13, R14 communication standards, integrates baseband processor BP, application processor AP, analogue unit, radio frequency unit, and provides storage & power management module solutions.
Key facts about MLINK
- Founded Year: 2013
- Location: Haidian (China)
- Stage: Series C
- Total Funding till date: $15.5M
- Investors: SDIC Venture Capital Management, SIG China and 5 Others
- Latest Funding Round: Series C, Jul 29, 2022, $*****
4. ASTSiC
Key facts about ASTSiC
- Founded Year: 2018
- Location: Pingshan (China)
- Stage: Series A
- Total Funding till date: $44.3M
- Investors: China Developement Bank, CITIC Group and 6 Others
- Latest Funding Round: Series A, Jan 12, 2023, $*****
Key facts about CorEnergy Semiconductor
- Founded Year: 2010
- Location: Zhangjiagang (China)
- Stage: Series C
- Employee Count: 7 as on May 31, 2026
- Investors: Guangzhou Yuexiu Industrial Investment Fund Management, CITIC and 3 Others
- Latest Funding Round: Series C, Dec 07, 2021, $*****
Shanjin Capital's Year-on-Year Investment Trends
Shanjin Capital has invested in 5 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in ASTSiC and most recent follow-on round was in GenFleet Therapeutics.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 1 | 0 | 1 |
2021 | 3 | 1 | 4 |
Shanjin Capital's Investments by Stage
Shanjin Capital has made 2 investments in Series B stage, 2 investments in Series C stage and 1 investment in Series A stage with an average round size of $44.3M.Stage of entry | No. of Investments |
|---|---|
Series B | 2 |
Series C | 2 |
Series A | 1 |
Note: We have considered here, only first round of investments
Shanjin Capital's Investments by Sector
Shanjin Capital has a diverse portfolio, with companies operating in the Semiconductors, High Tech, Enterprise Applications, Gaming and Life Sciences. Notably, it has invested in 3 Enterprise (B2B) companies, 3 Tech companies, 1 AI-Native company and at least 1 company focusing on Software.Sector | No. of Investments |
|---|---|
Semiconductors | 3 |
High Tech | 2 |
Enterprise Applications | 1 |
Gaming | 1 |
Life Sciences | 1 |
Note: We have considered here, only first round of investments
Shanjin Capital's Investments by Geography
Shanjin Capital has made most investments in China (5).Shanjin Capital's recent investments
Shanjin Capital has not made any investment in 2026 so far.Here are the most recent investments by Shanjin Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 12, 2023 | China | Series A | 5208 | ||
Jul 29, 2022 | China | Series C | 2781 | ||
Dec 31, 2021 | China | Series C | 1067 | [+10] | |
Dec 07, 2021 | China | Series C | 6812 | ||
Sep 28, 2021 | China | Series B | 6251 |
IPOs and Publicly Listed companies in Shanjin Capital's Portfolio
1 of Shanjin Capital's portfolio company became public - GenFleet Therapeutics. It got listed on the Hong Kong Exchanges (HKG), in Sep 2025 at marketcap of $936MHere are Shanjin Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 19, 2025 | Jan 27, 2021 | Series B | 4972 |
Co-investors of Shanjin Capital
Over the past 5 years, 42 investors have co-invested in Shanjin Capital's portfolio companies. This includes only funds.
- Invested before Shanjin Capital: Ally Bridge Group, CDH and 15 others have invested in rounds before Shanjin Capital. There is 1 company where Ally Bridge Group has invested before Shanjin Capital and 1 company where CDH has invested before Shanjin Capital.
- Top Co-investors of Shanjin Capital: 18 investors entered a company along with Shanjin Capital. These include investors like HM Venture Partners (1 company).
- Invested after Shanjin Capital: A total of 7 investors have invested in Shanjin Capital's portfolio after their investments. Top Investors include Huagai Capital (1 company), ABC International (1 company) and Deyi Capital (1 company).
Recent News related to Shanjin Capital
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AST completes over 300 million yuan in A+ round of financing, led by Wuyuefeng CapitalPEdaily•Jan 12, 2023•China Aist, Cdb.com, Rockchip Electronics, Zhuhai Huafa Group and 1 other
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Zhilian'an Technology completed hundreds of millions of C rounds of financing, led by SDIC VenturesPEdaily•Jul 28, 2022•BICV, SDIC, Huatai Insurance Group, Shanjin Capital and 2 others
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