Shanghai Pudong Development Bank

Shanghai Pudong Development Bank

Signal active

Investment Firm

Overview

SPDB is aimed to provide financial services for the development of Pudong, building Shanghai into one of the great international financial hubs, and to contribute to the national economic development and social progress

Highlights

Founded

1993

Industry

Financial Services

Employees

10001+

Investment

12

Lead Investment

3

Exits

5

Stages

Late Stage Venture, Early Stage Venture

Investor Type

Investment Bank

Location

Asia

Contact Information

Social

Profile Resume

Shanghai Pudong Development Bank, established in 1993 and headquartered in Asia., specializes in Late Stage Venture, Early Stage Venture investments across E-Commerce, Sales, Food and Beverage, E-Commerce Platforms, Wine And Spirits, Financial Services, Venture Capital, Finance, FinTech, Banking. The organization boasts a portfolio of 12 investments, with an average round size of $656.6M and 5 successful exits. Their recent investments include Jiuxian, Sequoia Capital, China Merchants Bank, China Minsheng Bank, GreenStream Network. The highest investment round they participated in was $674.0B. Among their most notable exits are Jiuxian and Sequoia Capital. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Weidong Pan

Weidong Pan

Executive Director & VP & CFO

Investment portfolio

Shanghai Pudong Development Bank has made 12 investments. Their most recent investment was on Jan 16, 2023, when Fosun International raised $1782.1M.

investments

12

Diversity investments

0

Lead investments

3

Number of exits

5

Investments

12

Annouced DateOrganization NameIndustryMoney Raised
Dec 23, 2019
Tesla Tesla
Energy1400.0M
Feb 09, 2021
WM Motor WM Motor
Automotive1787.0M
Jan 16, 2023
Fosun International Fosun International
Venture Capital1782.1M
Feb 22, 2024--950.0M

Exits

5

Funding Timeline

Funding rounds

12

Investors

1

Funds

0

Funding Rounds

12

Shanghai Pudong Development Bank has raised 12 rounds. Their latest funding was raised on Feb 22, 2024 from a Post-IPO Debt - Polestar round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Dec 23, 2019
Post-IPO Debt - Tesla Post-IPO Debt - Tesla
-1400.0M-
Feb 09, 2021
Debt Financing - WM Motor Debt Financing - WM Motor
-1787.0M-
Jan 16, 2023
Post-IPO Debt - Fosun International Post-IPO Debt - Fosun International
-1782.1M-
Feb 22, 2024
Post-IPO Debt - Polestar Post-IPO Debt - Polestar
-950.0M-

Investors

1

Shanghai Pudong Development Bank is funded by 1 investor(s). China Mobile Kantor is the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
China Mobile China Mobile
Yes
Post-IPO Equity - Shanghai Pudong Development Bank
5800.0M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

There is no recent news or activity for this profile.