Joy Capital

Summary

Joy Capital appeared to be the VC, which was created in 2015. The fund was located in Asia if to be more exact in China. The main department of described VC is located in the Changyang.

The fund has specific favorite in a number of founders of portfolio startups. If startup sums 4 or 5+ of the founder, the chance for it to be financed is low. Among the various public portfolio startups of the fund, we may underline NIO, luckin coffee, Mobike We can highlight the next thriving fund investment areas, such as Food and Beverage, Real Estate. For fund there is a match between the country of its foundation and the country of its the most frequent investments - China. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund.

Opposing the other organizations, this Joy Capital works on 23 percentage points less the average amount of lead investments. The higher amount of exits for fund were in 2018. The common things for fund are deals in the range of 50 - 100 millions dollars. The fund is constantly included in 7-12 investment rounds annually. When the investment is from Joy Capital the average startup value is more than 1 billion dollars. Speaking about the real fund results, this VC is 30 percentage points more often commits exit comparing to other organizations. The top activity for fund was in 2018. Despite it in 2019 the fund had an activity.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Joy Capital, startups are often financed by Legend Capital, Qiming Venture Partners, Vision Knight Capital. The meaningful sponsors for the fund in investment in the same round are Qiming Venture Partners, ZhenFund, K2VC. In the next rounds fund is usually obtained by Tencent Holdings, Hillhouse Capital Group, Qiming Venture Partners.

The overall number of key employees were 4.