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ShangBay Capital

ShangBay Capital

Palo Alto, Californiashangbaycapital.com

Overview

ShangBay Capital is a leading venture capital firm based in the heart of innovation that brings investors access to best-in-class investments within the medical device, biotechnology, and healthcare technology sectors through venture equity participation . The firm specializes in disruptive technologies for unmet clinical needs, partnering with top teams and leveraging industry expertise and strategic connections to access high-quality deals and drive success .

Year Founded

2015

Portfolio Companies

40

Investments

ShangBay Capital investments
CompanyDateStageLead
AbcuroAug 2026Series DCo-investor
SoundHealthJul 2026Series ALead
NervonikApr 2026Series BCo-investor
Petal SurgicalOct 2025Series ACo-investor
SetPoint MedicalAug 2025Series C ExtensionCo-investor
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Key People

William Dai

Founding Managing Partner

Michael P. Wallace

Venture Partner

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

Portfolio analytics

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is ShangBay Capital based?

ShangBay Capital is headquartered in Palo Alto, California, United States.

When was ShangBay Capital founded?

ShangBay Capital was founded in 2015.

How many portfolio companies does ShangBay Capital have?

ShangBay Capital has 40 portfolio companies in Caplight's dataset.

What are some companies in ShangBay Capital's portfolio?

Recent investments visible on Caplight include Abcuro, SoundHealth, Nervonik, Petal Surgical, SetPoint Medical.

What was ShangBay Capital's most recent investment?

ShangBay Capital's most recent investment on Caplight was in Abcuro in 2026.

What sectors does ShangBay Capital focus on?

ShangBay Capital focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech.

What company stages does ShangBay Capital focus on?

ShangBay Capital typically invests at the MultiStage stage.

What is ShangBay Capital's AUM?

ShangBay Capital's assets under management are estimated between $100.0M and $250.0M.

Firmographic Details

HeadquartersPalo Alto, California
Year Founded2015

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