# Shanghai Cultural Industry Development Investment Fund

> Shanghai Cultural Industry Development Investment Fund is a VC fund backing News and Travel. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Aug 2024
- Lead investor: 100%
- Last updated: Aug 2026

Shanghai Cultural Industry Development Investment Fund is an investment fund.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| News | 1 | 33% |
| Travel | 1 | 33% |
| Tourism | 1 | 33% |
| Enterprise | 1 | 33% |
| Publishing | 1 | 33% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 2 | 67% |
| Venture - Series Unknown | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Boxin Universe | Boxin Universe is a large-scale immersive interactive multimedia brand focused on creating immersive culture and tourism experiences. |  | Venture - Series Unknown | Aug 01, 2024 |  |
| ThePaper.cn | ThePaper.cn, an online media start-up backed by the Shanghai United Media Group .ThePaper.cn, which was created as a new media start-up under Dongfang Daily, has also launched two new units: an online video platform and an English language online publication Sixth Tone. | $59.3M | Series B | Aug 08, 2022 |  |
| Yinxiang Biji | Yinxiang Biji is a Beijing-based enterprise services company. |  | Series B | Mar 17, 2021 |  |

3 of 3 investments shown.

## Co-investors
- [Dunhong Capital Management](https://shizune.co/investors/profile/dunhong-capital-management) — VC Fund, 1 deal together
- [Zhencheng Capital](https://shizune.co/investors/profile/zhencheng-capital) — VC Fund, 1 deal together

## Similar investors

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

## FAQ

### What does Shanghai Cultural Industry Development Investment Fund invest in?

Shanghai Cultural Industry Development Investment Fund invests primarily in News, Travel and Tourism startups, most often at Series B and Venture - Series Unknown stage. Most of the 3 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Shanghai Cultural Industry Development Investment Fund last invest?

The most recent investment recorded for Shanghai Cultural Industry Development Investment Fund closed in Aug 2024. Shizune tracks 3 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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