# Ricebank

> Ricebank is a VC fund in Hangzhou backing Electric Vehicle, Travel and Hardware. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Hangzhou, China
- Total investments: 9
- Last investment: Feb 2017
- Lead investor: 11%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/%E7%B1%B3%E4%BB%93%E8%B5%84%E6%9C%AC/
- Website: http://www.ricebank.cn/

Ricebank is a comprehensive investment management company.

## Round sizes

| Stage | Round size |
| --- | --- |
| Angel | $142k–$1.4M |
| Series A | $202k–$10M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Electric Vehicle | 3 | 33% |
| Travel | 1 | 11% |
| Hardware | 1 | 11% |
| Internet | 1 | 11% |
| Analytics | 1 | 11% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Angel | 3 | 33% |
| Series A | 3 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Leke Dujiaoshou | Like Dujiaoshou creates an Internet community ecosystem for entrepreneurs, helping entrepreneurs to connect capital, link resources, and provide educational services. | $709K | Angel | Feb 08, 2017 |  |
| Uma | Uma is the provider of smart mobility solutions in China. | $1.4M | Series A | Aug 01, 2016 |  |
| Yunmake | Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app.While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem thatextends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware. | $202K | Series A | Aug 01, 2016 |  |
| Yunmake | Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app.While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem thatextends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware. | $1.6M | Series A | Oct 12, 2015 |  |
| Uma | Uma is the provider of smart mobility solutions in China. | $3.3M | Series A | Oct 09, 2015 |  |
| Yunmake | Yunmake makes foldable electric bikes, like the X1 (pictured above), that are battery-powered and connected to an app.While a Xiaomi representative declined to comment on potential collaborations with Yunmake, Shunwei’s (and, by extension, Lei Jun’s) interest in the company is notable because Xiaomi is busy building a hardware ecosystem thatextends beyond its smartphones. Xiaomi hasn’t rolled out vehicles yet, but reports have surfaced that it wants to add electronic bikes and smart cars to its growing roster of consumer hardware. | $3.3M | Series A | Oct 09, 2015 |  |
| VPGame | VPGame is a multi-purpose esports service platform that provides match-making, big data analysis and eSports community engagement services. | $142K | Angel | Jun 01, 2015 |  |
| Uma | Uma is the provider of smart mobility solutions in China. | $1.4M | Angel | Dec 01, 2014 |  |
| SKIO Matrix | SKIO Matrix is a leading clean energy travel group company in China. The company focuses on electric vehicle customization, urban high-frequency travel and mobile power grid services. The business involves network operation management and power battery manufacturing. , mobile grid operations, electric vehicle customization and other fields. Sinceits establishment, the company has built and operated China's largest electric vehicle service network, and hopes to take the opportunity of comprehensive upgrade of urban transportation to promote the city's life through the nationwide business deployment and build China's largest new energy travel industry group. | $10.2M | Series A | Jan 01, 2014 |  |

9 of 9 investments shown.

## Co-investors
- [Yinxinggu Capital](https://shizune.co/investors/profile/yinxinggu-capital) — VC Fund, 6 deals together
- [Foxconn Technology Group](https://shizune.co/investors/profile/foxconn-technology-group) — VC Fund, 5 deals together
- [Shunwei Capital](https://shizune.co/investors/profile/shunwei-china-internet-fund) — VC Fund, 5 deals together
- [ZhenFund](https://shizune.co/investors/profile/zhenfund) — VC Fund, 5 deals together
- [Gaotong Capital](https://shizune.co/investors/profile/gaotong-capital) — VC Fund, 4 deals together
- [Ameba Capital](https://shizune.co/investors/profile/ameba-capital) — VC Fund, 2 deals together

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## FAQ

### What does Ricebank invest in?

Ricebank invests primarily in Electric Vehicle, Travel and Hardware startups, most often at Angel and Series A stage. Most of the 9 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ricebank's check size?

Ricebank typically joins rounds of $142k–$1.4M at Angel and $202k–$10M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ricebank participates in.

### When did Ricebank last invest?

The most recent investment recorded for Ricebank closed in Feb 2017. Shizune tracks 9 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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