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Furong Capital

Investor type Venture Capital

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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.
Total investments 13
Average round size
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The average size of a deal this fund participated in
$29M
Portfolio companies 11
Rounds per year 1.62
Lead investments 2
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.15
Key employees Soon
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Health Care
  • Biotechnology
  • Transportation
  • Freight Service
  • Logistics
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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Related Funds

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Biointron

Biotechnology
Health Care
Medical
$77M02 Sep 2022 Shanghai, Shanghai, China

Duckbill

Freight Service
Logistics
Transportation
$51M22 Jul 2022 Shanghai, China

OakMega

CRM
Information Technology
Internet
10 May 2021 New Taipei, Taiwan

Freight Service
Logistics
Transportation
$50M17 Mar 2021 Shanghai, China

Singlera Genomics

Biotechnology
Genetics
Health Care
Health Diagnostics
Medical
$150M15 Dec 2020 San Diego, California, United States

Health Care
Therapeutics
$28M08 Jul 2020 Shanghai

Biotechnology
Health Care
07 Jun 2020 Vancouver, British Columbia, Canada

Junsai Shengwu

21 Feb 2020 -

Kangpu Bio-Pharma

Biopharma
Clinical Trials
Health Care
$14M09 Aug 2019 Shanghai, 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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