

1 on a current fund
last 24 months
across filed funds
| Vehicle | Filed | Target | Sold to date | Investors |
|---|---|---|---|---|
| ShangBay Capital III | April 2021 | Indefinite | $48M | 16 |
| Shangbay Capital II | 2019 | Indefinite | $35M | 7 |
| ShangBay Capital | July 2015 | Indefinite | $5M | 1 |
Amounts are Item 13 as filed: the target is the whole offering, and the amount sold is cumulative across amendments rather than a final close. The filing carries no per-investor amount, so a firm’s own cheque is not recoverable here.
1 partner is named across this firm’s filings, 1 of them on a fund it is deploying now.
| Partner | Activity | Categories | Board seats | Last 24mo |
|---|---|---|---|---|
| William Dai | Slowing | Medical devices, Biotech & pharma, Digital health | 11 | 1 |
Activity is filed board seats in the last 24 months: 4+ Active, 2–3 Selective, 1 Slowing, none Quiet. A firm's tier totals its partners, so an active firm may be four partners with one seat each. It undercounts partners who invest without taking a board seat, and filings lag a closing by weeks, so Quiet means the paperwork is quiet, not the person.
Classified sectors of ShangBay Capital’s own portfolio companies, based on 11 with a verified or cited source.
Not a filing value: this is Lev’s own classification of each company, one company one vote regardless of how many of ShangBay Capital’s partners are named on its board, shown only when we found a specific, checkable source. Companies with no source read as unclassified and are left out of the shares above.
| Firm | Shared boards | Companies |
|---|---|---|
| Excelerate Health Ventures | 1 | Huma.AI |
| Flare Capital | 1 | SetPoint Medical |
| Hatteras Venture Partners | 1 | Huma.AI |
| Kendall Capital Partners | 1 | LUMINOPIA |
| KSN | 1 | YOR LABS |
| NEA | 1 | SetPoint Medical |
| U.S Venture Partners | 1 | LUMINOPIA |
A shared board seat: a company where filings name a ShangBay Capital partner and a partner at the other firm, both with a clean identity match. Not a claim either firm led or co-led the round, only that both are named on the same board.