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ShangBay Capital

www.shangbaycapital.com

ShangBay Capital invests in medical devices, biotechnology, and healthcare technology companies that solve significant unmet clinical needs. The firm brings investors access to best-in-class investments through venture equity participation.

Check Size

Not specified

Focus Areas

Medtech, Biotech, Healthtech

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Investment Thesis

ShangBay Capital focuses on identifying and supporting founders building disruptive companies that address high, unmet clinical needs with novel ideas. The firm leverages 100+ years of combined experience from its leadership team to actively partner with entrepreneurs, providing not just capital but deep industry expertise, regulatory knowledge, and an extensive network of strategics, KOLs, and experienced innovators to help portfolio companies commercialize products and scale globally.

What Sets Them Apart

  • #1 most active new device VC from 2020-2023 (per their website)
  • #2 most-active healthcare device investor per 2023 HSBC Healthcare Annual Report
  • Deep expertise in FDA regulatory pathways and medical device commercialization
  • Strong track record: 13 billion-dollar IPOs and 4 M&As among 9 total exits
  • Exceptional portfolio financing success: 11 portfolio companies secured new financing in 2023 with no down rounds; 13 portfolio companies received term sheets in 2024
  • Comprehensive understanding of global market dynamics and valuation assessment for medical device companies
  • Leadership recognized among Top 25 GrowthCap Healthcare Investors (William Dai, 2024)

Portfolio Highlights

Ceribell

Medical Devices

Lucira Health

Medical Devices

Arrinex

Medical Devices

Apexigen

Biotechnology

Berkeley Lights

Biotechnology

Devoro Medical

Medical Devices

Neurovasc Technologies

Medical Devices

ARANZ Medical

Medical Devices

+ 59 more companies in their portfolio

Investment Team

12 Partners at ShangBay Capital

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