# Palm Commerce Information Technology

> Palm Commerce Information Technology is a VC fund in Tianjin backing Sensor and Hardware. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Tianjin, China
- Total investments: 1
- Last investment: Mar 2020
- Lead investor: 0%
- Last updated: Aug 2026

Palm Commerce Information Technology is a Chinese developer of lottery-related software and technical solutions. The company’s products are currently applied to computer and mobile terminals of the national welfare lottery system. Palm Commerce Information Technology’s software, systems, terminals and mobile solutions are used in 13 provinces,municipalities, and autonomous regions in China. The products of Palm Commerce take up over 40% of the nationwide computer welfare lottery market share and over 50% of the mobile phone lottery market share, thereby ranking itself the first throughout the country in terms of its market share and number of users. Palm Commerce Information Technology was incorporated in the Tianjin Development Area in March 2006, with its registered capital being 12 million USD.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Sensor | 1 | 100% |
| Hardware | 1 | 100% |
| Electronics | 1 | 100% |
| Consumer Electronics | 1 | 100% |
| Innovation Management | 1 | 100% |

7 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Sensel | Sensel is developing the next generation of input devices. With their multi-touch, pressure-sensitive technology, they seek to outperform existing industry-standard touch solutions inaccuracy, latency, and power, while offering an extra dimension of control in the form of force sensitivity. In addition to making traditional modes of userinteraction more expressive and intuitive, their technology enables a wide range of new and exciting applications.Ilya Rosenberg and Aaron Zarraga founded Sensel to bring true human touch into computing with the PressureGrid technology. Growing from the two of them to over forty team-members, thousands of customers, and several large-scale enterprise clients, Sensel is working hard to rapidly redefine computer interaction to include pressure sensitivity, multi-touch, and meet the environmental challenges of ubiquitous computing.Sensel’s Pressure Grid is a high-resolution sensor array combined with an efficient drive scheme to capture a rich force image.The company was founded on December 2, 2013, and is based in Sunnyvale, California. | $28M | Series A | Mar 03, 2020 |  |

1 of 1 investments shown.

## Co-investors
- [Chariot Gold Limited](https://shizune.co/investors/profile/chariot-gold-limited) — VC Fund, 1 deal together
- [InnoLinks Ventures](https://shizune.co/investors/profile/innolinks-ventures) — VC Fund, 1 deal together
- [Morningside](https://shizune.co/investors/profile/morningside-group) — VC Fund, 1 deal together
- [Morningside](https://shizune.co/investors/profile/morningside-technology-ventures) — VC Fund, 1 deal together
- [SMiT](https://shizune.co/investors/profile/smit-a062) — VC Fund, 1 deal together
- [StartX (Stanford-StartX Fund)](https://shizune.co/investors/profile/stanfordstartx-fund) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Palm Commerce Information Technology invest in?

Palm Commerce Information Technology invests primarily in Sensor, Hardware and Electronics startups, most often at Series A stage. Most of the 1 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Palm Commerce Information Technology last invest?

The most recent investment recorded for Palm Commerce Information Technology closed in Mar 2020. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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