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
Location: United States, California, Menlo Park
Employees: 11-50
Founded date: 1999
Investment Type: Venture Capital; Accelerator
Investment Stage: Series B; Private Equity
Portfolio 64
| Date | Name | Website | Total Raised | Location |
| 27.01.2024 | Iambic The... | iambic.ai | $100M | United Sta... |
| 12.11.2023 | elminda | elminda.co... | $30M | Israel, Te... |
| 12.11.2023 | TMTPOST | tmtpost.co... | - | China, Bei... |
| 12.11.2023 | Survios | survios.co... | $70.8M | United Sta... |
| 12.11.2023 | Mojo Visio... | mojo.visio... | $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 | thetrainli... | - | United Kin... |
| 12.11.2023 | 暴走漫画... | baozoumanh... | - | 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 inter... |
| 15.01.2024 | Clarifying Inaccurate Press Coverage Of Shanda Asset Managem... | Monday, January 15, 2024. Redwood City, Calif. Shanda Asset Management, LLC., the family office and ... |
| 04.09.2023 | Tianqiao & Chrissy Chen Institute Is Hiring AI Scientist... | (Yicai Global) May 11 — The Tianqiao & Chrissy Chen Institute has announced the global recruitme... |
| 28.02.2023 | Digital asset exchange DigiFT scores $10.5m in Shanda-led fu... | DigiFT, a Singapore-based decentralised digital asset exchange (DEX) for asset-backed tokens (STO), ... |
| 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... |
| 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 o... |
| 15.12.2022 | Gates, Bezos back $75M round for Synchron’s drill-free brain... | After announcing that it had implanted its brain-computer interface in its first U.S. paralysis pati... |
| 25.10.2022 | WhizAI Closes New Round with Investment from Shanda Group an... | SOMERSET, N.J.–(BUSINESS WIRE)–WhizAI, the first and only augmented analytics platform purpose built... |
| 19.03.2022 | Shanda Group Promotes Veteran Executive Jimmy Ho to Chief Op... | Expanded role will streamline operations; mitigate risk Redwood City, CA. March 7, 2022. Shanda G... |
| 20.01.2022 | Tiger Tao wins 2021 Young Scientist of the Year Award from C... | On January 20, the Chinese Academy of Sciences announced the recipients of the 2021 Outstanding Scie... |
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Mentions in press and media 13
| Date | Title | Description | Source |
| 10.01.2024 | A Chinese gaming billionaire now ranks as one of the top lan... | Real Estate A Chinese gaming billionaire now ranks as one of the top landowners in the US Grace Dean... | businessin... |
| 28.07.2021 | A Chinese gaming billionaire just paid $500,000 over asking ... | The 14,000-square-foot mansion housed USC presidents for 40 years. Douglas Elliman/Compass Chinese g... | businessin... |
| 27.07.2020 | Мечты о «китайском Disney», буддийском покое и жизни без стр... | Чэнь Тяньцяо создал крупнейшую компанию онлайн-игр в Китае, стал миллиардером в 30 лет, а затем ушёл... | vc.ru/stor... |
| 09.11.2018 | Hustle Fund closes US$11.5M fund from Shanda, Naver, LINE, p... | Pre-Seed focused VC firm Hustle Fund is now looking to invest in Southeast Asia after raising US$11.... | shanda.com... |
| 12.09.2018 | US-based Hustle Fund closes first $11.5m fund anchored by Ch... | Premium US-based Hustle Fund has closed its first fund of $11.5 million, anchored by China’s online ... | dealstreet... |
| 15.06.2016 | Lumus secures $15 million to expand their augmented reality ... | Lumus—makers of transparent near-to-eye displays for augmented reality (AR) and mixed reality (MR)—a... | techcrunch... |
| 25.04.2016 | China: Shanda Capital’s Chen Tianqiao leads $23m Series B ro... | Premium TULIU.com has raised a RMB150 million ($23.06 million) Series B financing led by Shanda Capi... | dealstreet... |
| 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 measu... | vator.tv/n... |
| 25.02.2012 | 16 Chinese Startups Came Out With A Bang At The ChinaBang Co... | Editor’s note: Guest authors Gang Lu, Ben Jiang and Jason Lim are the editors of TechNode, a bilingu... | techcrunch... |
| 11.12.2006 | Red 5 Studios wants to bring Web 2.0 to games — raises $18.5... | Red 5 Studios, a new start-up formed by the team that built popular online game World of Warcraft (W... | venturebea... |
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