Xiaoyong Shen

About Xiaoyong Shen

Xiaoyong Shen is the Co-Founder and CEO of SmartMore Corporation Limited, an AI company focused on industrial inspection and high-definition video solutions. He led the company through multiple funding rounds, including a $100 million Series A and a $200 million Series B, which helped SmartMore achieve unicorn status with a valuation over $1 billion.

Xiaoyong Shen at a glance

• Company: SmartMore Corporation Limited
• Total raised: $300M
• Latest round: Series B
• Investors: IDG Capital, Sequoia Capital China, Lenovo Capital, ZhenFund, Hong Kong government's investment fund (HKIC)
• Location: Hong Kong, China

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