United States · Investor

ShangBay Capital

Last cheque observed Apr 2026; 12 cheques on record.

VC firmDeploying nowLast fund $25M, Jan 2022

Pre-seedSeedSeries ATherapyProteomicsIvd

Deploying now
50%of best year1cheques in 12 months, 12 on record
Since the last cheque192days00hrs00min00sec
Median round$18MCheque size, as they say$100K – $1.0MRounds led0 of 12Sole investor1 roundsMostly inUnited States, 100%
Pitch ShangBay Capital

ShangBay Capital highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Series B and Series D: 90% of its rounds

  3. 03

    Sole investor in 1 rounds, median $6.3M

What they do

ShangBay Capital is a leading venture capital firm based in the heart of innovation. We bring our investors access to best-in-class investments within the medical device, biotechnology, and healthcare technology sectors through venture equity participation.From their own website
Type
VC firm (from a list, unverified)
Cheque size
$100K – $1.0M as they say
Stages
Pre-seedSeedSeries ASeries BGrowth
Sectors
TherapyProteomicsIvd
Based in
Palo Alto, United States
Cold pitches
Not stated

The record

Every round we can evidence, newest first12 appearances

  1. 2026

    1 round

  2. Apr
    Nervonik Inc.Series B · US · Ventureburn$53MWith 6 others
  3. 2025

    1 round

  4. Aug
    SetPoint MedicalSeries D · US · Elevage Medical Technologies$140MWith 17 others
  5. 2023

    1 round

  6. Apr
    Noah MedicalSeries B · US · Firms' own news pages$150MWith 12 others
  7. 2019

    5 rounds

  8. Oct
    MeditrinaUS · FinSMEs$13MWith 1 other
  9. Aug
    Lucira HealthSeries B · US · FinSMEs$15MWith 5 others
  10. Jun
    CorinthSeries D · US · FinSMEs$12MWith 1 other
  11. May
    Atia VisionSeries D · US · FinSMEs$20MWith 3 others
  12. Apr
    TiogaSeries A · US · FinSMEs$15MWith 3 others
  13. 2018

    4 rounds

  14. Oct
    Berkeley LightsUS · FinSMEs$95MWith 9 others
  15. May
    NeuroVascSeries B · US · FinSMEs$6.3MSole investor
  16. May
    Refuge BiotechnologiesSeries B · US · FinSMEs$25MWith 9 others
  17. Apr
    EmbolineSeries B · US · FinSMEs$10MWith 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration1 named

WDWilliam DaiExecutive Officer, DirectoriFiling they signed

We also hold 12 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$262Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Shangbay Capital Management Company, LLC
SEC number
CRD 312767

Who they invest alongside

The investors most often in the same rounds as ShangBay Capital. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies ShangBay Capital put money into.

Quick answers about ShangBay Capital

What does ShangBay Capital invest in?

ShangBay Capital invests most often at Series B and Series D (90% of the rounds on record), in sectors such as Therapy, Proteomics and Ivd.

How active is ShangBay Capital?

12 investments on record, 1 of them in the last 12 months. The most recent was in Apr 2026.

What has ShangBay Capital invested in recently?

Its most recent investments on record: Nervonik Inc. (Series B, Apr 2026), SetPoint Medical (Series D, Aug 2025) and Noah Medical (Series B, Apr 2023).

How big are ShangBay Capital's cheques?

The median round it joins is $18M. It says it writes cheques of $100K to $1.0M.

Does ShangBay Capital lead rounds?

Rarely, if at all: none of its 12 investments on record names it as the lead.

Where does ShangBay Capital invest?

Most of the companies it backs are in the United States (100%).

Is ShangBay Capital investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

Who does ShangBay Capital invest alongside?

Most often Aethan Capital (2 rounds together), Elevage Medical Technologies (2 rounds together) and HSG (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it