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Furong Capital

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 31
Average round size
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The average size of a deal this fund participated in
$24M
Portfolio companies 28
Rounds per year 3.10
Lead investments 3
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.10
Exits 1
Key employees Soon
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Health Care
  • Biotechnology
  • Medical
  • Manufacturing
  • Biopharma
Summary

In 2014 was created Furong Capital, which is appeared as VC. The venture was found in Asia in China. The main office of represented VC is situated in the Shanghai.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Furong Capital, startups are often financed by Sunyard, Puhua Capital, Matrix Partners China. The meaningful sponsors for the fund in investment in the same round are Shenzhen Guozhong Venture Capital Management, Northern Light Venture Capital, Morningside Venture Capital. In the next rounds fund is usually obtained by ZWC Partners, IDG Capital, GSR Ventures.

The fund is generally included in less than 2 deals every year. The high activity for fund was in 2019. Speaking about the real fund results, this VC is 55 percentage points more often commits exit comparing to other organizations. The common things for fund are deals in the range of 5 - 10 millions dollars.

Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - China. Among the most popular fund investment industries, there are Transportation, Biotechnology. Among the most popular portfolio startups of the fund, we may highlight Genedock, Kangpu Bio-Pharma.

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Typical Co-investors
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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Aurora Starcom

Communication Hardware
Communications Infrastructure
14 Oct 2024 Beijing, Beijing, China

Qingchun Semiconductor

Electronics
Manufacturing
Semiconductor
28 Dec 2023 Baoshan, Shanghai, China

eCactus

Energy
Residential
Wholesale
15 Dec 2023 Parramatta, New South Wales, Australia

Enokiko

Biopharma
Biotechnology
Medical
$15M03 Nov 2023 Pudong, Shandong, China

Kunhua Technology

Energy Storage
Fuel Cell
$15M03 Jul 2023 Jiading, Shanghai, China

Heluoxintu

Biopharma
Biotechnology
Pharmaceutical
02 Feb 2023 Nanjing, Jiangsu, China

Jiaohong Biology

Biotechnology
Health Care
Medical
23 Jan 2023 Shanghai, Shanghai, China

Zhengcong Technology

Industrial
Industrial Automation
Industrial Engineering
03 Jan 2023 Shanghai, Shanghai, China

Shiyu Precision

Electronics
Manufacturing
Semiconductor
$100M14 Oct 2022 Songjiang, Songjiang District, China
News
Duckbill Closes US$50M Funding Round

– Duckbill is a container trucking/drayage service platform featuring intelligent dispatching and transportation management.
– The company closed a US$50m funding round led by Temasek, with participation from Pavilion as well as existing shareholders including Future Capital, Discovery Fund, Shunwei Capital, Furong Capital, Zip Capital etc.
– The new investment will be used to improve the current solutions, expand to all major ports and introduce more products.

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Total investments 31
Average round size 24M
Rounds per year 3.10
Peak activity year 2023
Lead investments 3
Follow on index 0.10
Exits 1
Group Appearance index 0.84

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Aurora Starcom

Communication Hardware
Communications Infrastructure
14 Oct 2024 Beijing, Beijing, China

Qingchun Semiconductor

Electronics
Manufacturing
Semiconductor
28 Dec 2023 Baoshan, Shanghai, China

eCactus

Energy
Residential
Wholesale
15 Dec 2023 Parramatta, New South Wales, Australia

Enokiko

Biopharma
Biotechnology
Medical
$15M03 Nov 2023 Pudong, Shandong, China

Kunhua Technology

Energy Storage
Fuel Cell
$15M03 Jul 2023 Jiading, Shanghai, China

Heluoxintu

Biopharma
Biotechnology
Pharmaceutical
02 Feb 2023 Nanjing, Jiangsu, China

Jiaohong Biology

Biotechnology
Health Care
Medical
23 Jan 2023 Shanghai, Shanghai, China

Zhengcong Technology

Industrial
Industrial Automation
Industrial Engineering
03 Jan 2023 Shanghai, Shanghai, China

Shiyu Precision

Electronics
Manufacturing
Semiconductor
$100M14 Oct 2022 Songjiang, Songjiang District, China
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