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Joyful Ascent



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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 2
Average round size
The average size of a deal this fund participated in
Portfolio companies 1
Lead investments 0
Follow on index
How often the fund supports its portfolio startups at next rounds
Exits 1
Key employees Soon

Areas of investment

  • Biotechnology
  • Medical
  • Health Care
  • Pharmaceutical

The fund is constantly included in less than 2 deals per year. The important activity for fund was in 2017. The average startup value when the investment from Joyful Ascent is more than 1 billion dollars. The common things for fund are deals in the range of more than 100 millions dollars.

The usual cause for the fund is to invest in rounds with 4 partakers. The meaningful sponsors for the fund in investment in the same round are ShenZhen GTJA Investment Group, Shanghai Fosun Pharmaceutical (Group) Co.,Ltd, Green Tomato. In the next rounds fund is usually obtained by New China Capital Management, Loyal Valley Capital, Green Tomato.

Among the most popular portfolio startups of the fund, we may highlight Shanghai Henlius. Among the most successful fund investment fields, there are Pharmaceutical, Health Care. Besides, a startup needs to be aged 6-10 years to get the investment from the fund.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Shanghai Henlius Biotech

Health Care
$190M22 Dec 2017 Shanghai, China


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Total investments 2
Average round size 190M
Peak activity year 2017
Lead investments 0
Follow on index 0.50
Exits 1
Group Appearance index 1.00

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Shanghai Henlius Biotech

Health Care
$190M22 Dec 2017 Shanghai, China
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