Funcity Capital
18
60M
17
3
0.06
3
- Stages of investment
- Areas of investment
Summary
The main department of described VC is located in the Hangzhou. The company was established in Asia in China.
Among the most popular portfolio startups of the fund, we may highlight Mars Finance, Binance, Slife. For fund there is a match between the location of its establishment and the land of its numerous investments - China. The fund has specific favorite in a number of founders of portfolio startups. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. We can highlight the next thriving fund investment areas, such as Electric Vehicle, Ethereum.
The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Funcity Capital, startups are often financed by Source Code Capital, Plum Ventures. The meaningful sponsors for the fund in investment in the same round are Yintai Group, Wanxiang Blockchain, Timestamp Capital. In the next rounds fund is usually obtained by Matrix Partners China, Ceyuan Ventures, Xinruan Software.
The high activity for fund was in 2018. The real fund results show that this VC is 2 percentage points more often commits exit comparing to other companies. The average startup value when the investment from Funcity Capital is 500 millions - 1 billion dollars. Deals in the range of 50 - 100 millions dollars are the general things for fund. The fund is constantly included in less than 2 investment rounds annually.
The current fund was established by Weixing Chen. The overall number of key employees were 1.
Investments analytics
Analytics
- Total investments
- 18
- Lead investments
- 3
- Exits
- 3
- Follow on index
- 0.06
- Investments by industry
- Blockchain (7)
- Internet (5)
- Bitcoin (3)
- Cryptocurrency (3)
- News (2) Show 28 more
- Investments by region
-
- China (17)
- Malta (1)
- Peak activity year
- 2018
- Number of Unicorns
- 1
- Number of Decacorns
- 2
- Number of Minotaurs
- 2
Discover reliable insights
Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 8
- Avg. valuation at time of investment
- 3B
- Group Appearance index
- 0.72
- Avg. company exit year
- 7
- Avg. multiplicator
- 18.46
- Strategy success index
- 0.20
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Latest deals
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| CHAINDIGG | 20 Sep 2020 | Analytics, Blockchain | Early Stage Venture | 9M | Beijing, Beijing, China |
| Lenudo | 28 Jun 2018 | Manufacturing, Home and Garden, Smart Home | Early Stage Venture | 1M | China, Zhejiang, Shangcheng District |
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