In 2013 was created Fosun RZ Capital, which is appeared as VC. The main department of described VC is located in the Menlo Park. The venture was found in North America in United States.
The fund was created by Brad Bao. The overall number of key employees were 4.
The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Among the various public portfolio startups of the fund, we may underline XPeng Motors, Huike Group (Uniquedu Corporation), Feidee For fund there is no match between the location of its establishment and the land of its numerous investments - China. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. We can highlight the next thriving fund investment areas, such as Education, Artificial Intelligence.
The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Fosun RZ Capital, startups are often financed by Slow Ventures, Matrix Partners China, Kinzon Capital. The meaningful sponsors for the fund in investment in the same round are Matrix Partners China, Shunwei Capital, IDG Capital. In the next rounds fund is usually obtained by GGV Capital, Sequoia Capital China, YF Capital (Yunfeng Capital).
Opposing the other organizations, this Fosun RZ Capital works on 25 percentage points less the average amount of lead investments. The fund is constantly included in 13-24 deals per year. Speaking about the real fund results, this VC is 30 percentage points more often commits exit comparing to other organizations. The important activity for fund was in 2018. Despite it in 2019 the fund had an activity. The increased amount of exits for fund were in 2018. Deals in the range of 10 - 50 millions dollars are the general things for fund. When the investment is from Fosun RZ Capital the average startup value is 10-50 millions dollars.
Related Funds
Notable deals
Company | Industry | Round Size | Date | Investors | Location |
Aiper | $60M | 17 Jul 2024 | Atlanta, Georgia, United States | ||
Tingyu Technology | 24 Jun 2024 | Beijing, Beijing, China | |||
Menhai Microelectronics | $15M | 28 Apr 2024 | Suzhou, Jiangsu, China | ||
UniUni | $50M | 27 Mar 2024 | - | ||
PASCAL | $10M | 25 Mar 2024 | Broomfield, Colorado, United States | ||
Pusaida Sealing Adhesive | $1M | 28 Dec 2023 | Dongguang, Guangdong, China | ||
Noding Intelligence | 22 Dec 2023 | Guangzhou, Guangdong, China | |||
UniUni | $20M | 19 Dec 2023 | - | ||
Menhai Microelectronics | $15M | 31 Mar 2023 | Suzhou, Jiangsu, China |
– DeepRoute.ai is a self-driving technology company committed to advancing urban logistics and robotaxis.
– The company raised a Series B funding round totaling to more than $300m USD.
– The round was led by Alibaba Group (NYSE: BABA) and other venture capital companies including Jeneration Capital. Previous investors Fosun RZ Capital, Yunqi Partners, and Glory Ventures also participated in the round.
– The new investment will be used to further research and development, scale automaker collaboration and fleet operation, and support the expansion of the team.
– IRP Systems, a maker of innovative electric powertrains for electric vehicles, raised $31m Series C funding.
– The round was led by Clal Insurance and Altshuler Shaham, which are Israeli institutional investors.
– Also participating was Samsung Ventures, Renault-Nissan importer Carasso Motors and Shlomo Group, as well as existing investors such as Entrée Capital, Fosun RZ Capital and JAL Ventures.
– The company will use the new case to scale the development of its systems for EVs and reduce the path to mass production, expand R&D, operations and customer support and make a push on global sales and marketing.
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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
Aiper | $60M | 17 Jul 2024 | Atlanta, Georgia, United States | ||
Tingyu Technology | 24 Jun 2024 | Beijing, Beijing, China | |||
Menhai Microelectronics | $15M | 28 Apr 2024 | Suzhou, Jiangsu, China | ||
UniUni | $50M | 27 Mar 2024 | - | ||
PASCAL | $10M | 25 Mar 2024 | Broomfield, Colorado, United States | ||
Pusaida Sealing Adhesive | $1M | 28 Dec 2023 | Dongguang, Guangdong, China | ||
Noding Intelligence | 22 Dec 2023 | Guangzhou, Guangdong, China | |||
UniUni | $20M | 19 Dec 2023 | - | ||
Menhai Microelectronics | $15M | 31 Mar 2023 | Suzhou, Jiangsu, China |