
SBCVC
15A-C, HuaMin Empire Plaza, 728 YanAn Road, Shanghai, 200050, China
Overview
Established in 2000, SB China Capital (SBCVC) is a leading venture capital and private equity firm that manages both USD and RMB funds. Their investment focuses on high-tech, high growth companies in TMT, clean technology, healthcare, consumer/retail, and advanced manufacturing sectors; and they invest across all stages of companies. With extensive entrepreneurial and operating experiences, their professional and seasoned deal team members recognize the vision and champion the ideas of start-up companies. In addition to providing capital support, they help their portfolio companies realize their strategic and commercial potential by giving value-adding services and advices including planning, business development, recruiting and resources deployment. They have a proven track record and solid reputation in identifying high potential start-ups and creating successful industry-leading companies. Some of their spotlight portfolio companies are Alibaba, Taobao, Focus Media, GDS, BGI, Ankon, Di’an, and Edan. With their operational headquarters located in Shanghai and regional offices spread in Beijing, Shenzhen, Chengdu, Hangzhou and Taiwan, they have an extensive coverage of the greater China region and access to potential investment opportunities.
- Total investments
- 17
- Lead investments
- 3
- Investments · 12mo
- 1
- Active investors
- 7
Sector focus
- Financial Services
- Travel
- Venture Capital
Investment portfolio
- Codoon
Led · Series B · Mar 2026
Codoon operates a vertically integrated fitness ecosystem combining hardware (fitness trackers, smart bracelets, Bluetooth scales) and software (the Codoon app and community) along with a data platform and hardware open-source initiatives. The company launched into wearables in 2010 and released products including the Codoon fitness tracker, multiple smart bracelet models, and a ROM (Codoon ROM 1.0) to enable cross-device functionality. It has developed a data-open platform and has explored adjacent products such as a smart bicycle. As of the article, Codoon reported over 10 million registered users by the end of 2013 and had a team of 98 employees. Financially, Codoon previously received a 20 million RMB angel investment from Shanda and a 60 million RMB A round before completing the $30 million B round.
- DeepWay
Led · Series A · Mar 2023
Founded in July 2020 by Baidu and the Lionbridge Group, DeepWay designs and manufactures electric heavy trucks built from the ground up for autonomous operation. The company received Baidu’s license to use and build on Apollo open-source self-driving technology and combines that with Lionbridge’s logistics experience and data. DeepWay says it has realized mass production and delivery of intelligent electric trucks and generates operational planning and control data from deployed vehicles to train and improve its driver-assistance and autonomous systems. It follows a three-step strategy: electrification and scaling (vehicle sales and data generation), deployment of intelligence (mass-produced L2 assistance sold via subscription and series-produced L4 convoy systems operating in regions such as Inner Mongolia and Xinjiang), and building a global unmanned freight network with partnerships in six core overseas markets. The company has attracted a wide mix of investors—including provincial and municipal state funds, industrial corporate capital, top VCs, and recent overseas investors—to support commercialization and international expansion. DeepWay filed for a Hong Kong IPO in November 2025 and used the latest Pre-IPO financing (over $310 million) to accelerate self-driving R&D and global commercial rollout.
- ProLogium Technology
Participated · Equity · Nov 2021
ProLogium develops and manufactures next-generation lithium ceramic batteries. The company is pursuing a path to become a publicly listed company via a proposed business combination with Translational Development Acquisition Corp. ProLogium plans to use the recently committed capital to scale production and advance construction of a planned gigafactory in Dunkirk, France, which benefits from a potential €1.375 billion subsidy package from the French government. It is also targeting expansion into adjacent applications including data centers, aerospace, and robotics. The company’s financing for the SPAC transaction includes a $50 million committed primary capital investment priced at a pre-money valuation of approximately $3.8 billion from existing shareholders. Transaction advisors include Cohen & Company Capital Markets, Credit Agricole Securities (USA), and BTIG, with several law firms providing legal counsel.
- Taimei Technology
Participated · Equity · Sep 2020
Taimei Technology develops TrialOS, a platform that connects hospitals, drug makers, regulators, and patients across clinical research workflows. TrialOS comprises more than 20 applications managing clinical research projects, trial documents, patient data, and an adverse drug reaction alerting system. The company says TrialOS supports one third of registered clinical research in China and one fifth of adverse drug reaction submissions. Taimei also offers software to help drug firms with marketing and regulatory licensing. The company disclosed it raised RMB 1.2 billion (USD 176 million) in a recent financing round.
- Moviebook
Participated · Series D · Aug 2018
Moviebook is identified in the article as a technology company. Chinese private equity firm Yao Capital injected $29.2 million into Moviebook, per the DealStreetAsia China Digest. The coverage describes the transaction as an injection by a private equity firm but does not specify whether the funds were equity, debt, or another instrument. The article provides no details about Moviebook's product offerings, business model, or strategic plans. No operating metrics (revenue, users) or intended use of proceeds were disclosed. The piece also does not mention Moviebook's founding year, location, or prior funding rounds. Moviebook is a Beijing-based startup that develops technology to support online video services. It aims to leverage vast amounts of broadcasting, TV and internet video data to enable commercial opportunities for entertainment customers. The company will collaborate with SenseTime on a range of AI technologies, including augmented reality, to increase the use of AI in the entertainment industry. Financially, Moviebook completed a ¥1.36 billion (US$199M) Series D led by SenseTime. Previously it raised a ¥500 million Series C in 2017 (around US$75M). Other participants in the Series D included SB China Venture Capital (SBCVC), Qianhai Wutong, PAC Partners, Oriental Pearl and Lang Sheng Investment.