A look at the Beijing-based venture capital firm whose Xiaomi connections have helped skyrocket it to success.
Shunwei Capital's co-founder, and Xiaomi CEO, Lei Jun. Credit: 小二黑说娱乐
Chinese start-ups may not have escaped the turmoil from Silicon Valley Bank’s collapse, but they still have plenty of potential sources of funding in the form of the country’s burgeoning venture capital scene. One firm that’s risen to prominence in recent years is Beijing-based Shunwei Capital, which has already helped fund the rise of companies including iQiYi, NIO, ByteDance, XPeng, and CloudWalk.
Shunwei, which has $3 billion of funds under management, has close ties with smart
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