Shanda Group is a private investment firm founded in 1999 by Chairman and CEO Tianqiao Chen and co-founder Chrissy Luo. Shanda's business is segmented into three business units – Private Equity (venture capital) Investments, Public Market Investments and Real Estate. The company is headquartered in Menlo Park, California with offices in Hong Kong, New York, Shanghai and Singapore.
Shanda was established in 1999 as an online games company, called Shanda Interactive Entertainment, which is credited for pioneering the freemium model. With successes in the online games and online literature businesses, Shanda Interactive spun off these businesses, beginning its transformation into a private investment company in 2012.
Philanthropy is also at the core of Shanda's culture. Driven by a passion and curiosity regarding brain research, Tianqiao and Chrissy Chen founded the "Tianqiao and Chrissy Chen Institute" in 2016. See www.cheninstitute.org
Shanda was established in 1999 as an online games company, called Shanda Interactive Entertainment, which is credited for pioneering the freemium model. With successes in the online games and online literature businesses, Shanda Interactive spun off these businesses, beginning its transformation into a private investment company in 2012.
Philanthropy is also at the core of Shanda's culture. Driven by a passion and curiosity regarding brain research, Tianqiao and Chrissy Chen founded the "Tianqiao and Chrissy Chen Institute" in 2016. See www.cheninstitute.org
Location: United States, California, Menlo Park
Employees: 11-50
Founded date: 1999
Investment Type: Venture Capital; Accelerator
Investment Stage: Series B; Private Equity
Portfolio 63
Date | Name | Website | Total Raised | Location |
27.01.2024 | Iambic The... | iambic.ai | $150M | United Sta... |
12.11.2023 | elminda | elminda.com | $30M | Israel, Te... |
12.11.2023 | TMTPOST | tmtpost.com | - | China, Bei... |
12.11.2023 | Survios | survios.com | $70.8M | United Sta... |
12.11.2023 | Mojo Visio... | mojo.vision | $269.9M | United Sta... |
12.11.2023 | KK唱响 | kktv1.com | - | - |
12.11.2023 | 创业黑马... | cyhm.com | - | - |
12.11.2023 | Trainline | thetrainline.com | - | United Kin... |
12.11.2023 | 暴走漫画... | baozoumanhua.com | - | China, Sha... |
12.11.2023 | 美味不用等... | mwee.cn | - | China |
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News 43
Date | Title | Description |
18.01.2024 | Shanda Group Rebuts Tabloid Accusations | Each year, the debut of the Land Report 100 sponsored by Peoples Company generates a wave of interest from media outlets nationwide and globally. The 2024 reveal in Des Moines on January 9 was no exception, generating a rash of stories du... |
15.01.2024 | Clarifying Inaccurate Press Coverage Of Shanda Asset Management Land Ownership | Monday, January 15, 2024. Redwood City, Calif. Shanda Asset Management, LLC., the family office and private investment firm of Tianqiao Chen and his family, wishes to clarify inaccuracies and omissions in recent media reporting about the co... |
04.09.2023 | Tianqiao & Chrissy Chen Institute Is Hiring AI Scientists Globally | (Yicai Global) May 11 — The Tianqiao & Chrissy Chen Institute has announced the global recruitment of outstanding talent in computer science, artificial intelligence, mathematics and related areas, especially AI scientists and natural l... |
28.02.2023 | Digital asset exchange DigiFT scores $10.5m in Shanda-led funding | DigiFT, a Singapore-based decentralised digital asset exchange (DEX) for asset-backed tokens (STO), announced that it has raised $10.5 million in its pre-Series A funding round, led by Shanda Group, a global privately-owned investment group... |
27.01.2023 | TCCI Co-Founder Chrissy Luo Honored by the China Institute | Chrissy Luo, a co-founder of the Tianqiao and Chrissy Chen Institute (TCCI) was honored by the China Institute at their 2023 gala on Thursday, January 26th as one of this year’s “Outstanding Asian American Women Who Dared to Change Our Comm... |
28.12.2022 | Spray-on smart skin uses AI to rapidly understand hand tasks | A novel, electrically active smart skin can rapidly decipher typing, sign language, even the shape of a familiar object from the movements of a human hand even with limited data. Image: Spray-on sensory system which consists of print... |
15.12.2022 | Gates, Bezos back $75M round for Synchron’s drill-free brain-computer interface implant | After announcing that it had implanted its brain-computer interface in its first U.S. paralysis patient earlier this year, Synchron has raised $75 million to take its mind-reading tech to the next level. The company’s series C financing,... |
25.10.2022 | WhizAI Closes New Round with Investment from Shanda Group and AmerisourceBergen Bringing Total Capital Raised to $21 Million | SOMERSET, N.J.–(BUSINESS WIRE)–WhizAI, the first and only augmented analytics platform purpose built for the life sciences and healthcare industries, has announced it has completed a new round of funding bringing total funding since launchi... |
19.03.2022 | Shanda Group Promotes Veteran Executive Jimmy Ho to Chief Operating Officer; Chrissy Luo Becomes President | Expanded role will streamline operations; mitigate risk Redwood City, CA. March 7, 2022. Shanda Group, a global, privately-owned investment group founded in 1999 by Chinese online entertainment pioneer Tianqiao Chen and his family, today... |
20.01.2022 | Tiger Tao wins 2021 Young Scientist of the Year Award from Chinese Academy of Sciences | On January 20, the Chinese Academy of Sciences announced the recipients of the 2021 Outstanding Scientific Achievement Award, Young Scientist of the Year Award, Scientific Facilitation Award, Scientific Individual of the Year Award and Scie... |
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Mentions in press and media 13
Date | Title | Description |
10.01.2024 | A Chinese gaming billionaire now ranks as one of the top landowners in the US | Real Estate A Chinese gaming billionaire now ranks as one of the top landowners in the US Grace Dean 2024-01-10T12:49:13Z Share icon An curved arrow pointing right. Share Facebook Icon The letter F. Facebook Email icon An envelope. It indic... |
28.07.2021 | A Chinese gaming billionaire just paid $500,000 over asking for a historic Los Angeles mansion. Take a look at the $25 million property. | The 14,000-square-foot mansion housed USC presidents for 40 years. Douglas Elliman/Compass Chinese gaming billionaire Tianqiao Chen bought a historic $US25 ($AU34) million Los Angeles mansion earlier this month. He paid $US500,000 ($AU681,2... |
27.07.2020 | Мечты о «китайском Disney», буддийском покое и жизни без страданий: история китайского миллиардера Чэня Тяньцяо Статьи редакции... | Чэнь Тяньцяо создал крупнейшую компанию онлайн-игр в Китае, стал миллиардером в 30 лет, а затем ушёл в благотворительность, исчез из списков Forbes — и не жалеет об этом. 22 22 комментария Форум 11 803 просмотров Слушать Bloomberg" dat... |
09.11.2018 | Hustle Fund closes US$11.5M fund from Shanda, Naver, LINE, plans to shift focus to SEA | Pre-Seed focused VC firm Hustle Fund is now looking to invest in Southeast Asia after raising US$11.5M and hiring a Singapore-born Managing Partner Hustle Fund, a pre-seed fund investing in Southeast Asia and North America, announced tod... |
12.09.2018 | US-based Hustle Fund closes first $11.5m fund anchored by China’s Shanda, Line and Naver | Premium US-based Hustle Fund has closed its first fund of $11.5 million, anchored by China’s online gaming giant Shanda, Japan’s Line and Naver, South Korea’s largest search engine. Other investors include tech operators, founders and execu... |
15.06.2016 | Lumus secures $15 million to expand their augmented reality optical display capabilities | Lumus—makers of transparent near-to-eye displays for augmented reality (AR) and mixed reality (MR)—announced this morning that they have secured $15 million in a Series B round, led by global private investment firm Shanda Group and also by... |
25.04.2016 | China: Shanda Capital’s Chen Tianqiao leads $23m Series B round in TULIU.com | Premium TULIU.com has raised a RMB150 million ($23.06 million) Series B financing led by Shanda Capital’s Chen Tianqiao, Guo Guangchang’s Foyo Culture & Entertainment, and Matrix Partners, to maintain its leading position in the land fi... |
17.11.2015 | Daily funding roundup - November 17, 2015 | Earnest bagged $275M; Datto raised $75M; IIX Inc. secured $26M Skulpt, creator of a device for measuring body fat percentage and muscle quality, today announced that it had raised $4.1 million in a Series A funding round led by Nautilus Ven... |
25.02.2012 | 16 Chinese Startups Came Out With A Bang At The ChinaBang Conference | Editor’s note: Guest authors Gang Lu, Ben Jiang and Jason Lim are the editors of TechNode, a bilingual blog based in China. ChinaBang conference, an annual two-day event with a focus on local startups, innovation and entrepreneurship, was h... |
11.12.2006 | Red 5 Studios wants to bring Web 2.0 to games — raises $18.5M | Red 5 Studios, a new start-up formed by the team that built popular online game World of Warcraft (WoW), has raised $18.5 million in venture capital to create online games that integrate more social networking aspects from the outset. The f... |
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