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Magic Capital

Founders Colin Huang Hongyu Zhang Joe Wu

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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
$6M
Portfolio companies 27
Rounds per year 2.38
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.13
Exits 1
Key employees Soon
Stages of investment
Private Equity

Areas of investment

  • Education
  • Artificial Intelligence
  • Apps
  • Internet
  • Retail
Summary

The main office of represented VC is situated in the Shanghai. The company was established in Asia in China.

The fund has no 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. We can highlight the next thriving fund investment areas, such as Publishing, Genetics. Among the most popular portfolio startups of the fund, we may highlight Xueba100.com, Prenetics, Soul. For fund there is a match between the country of its foundation and the country of its the most frequent investments - China. Besides, a startup needs to be aged 2-3 years to get the investment from the fund.

Considering the real fund results, this VC is 6 percentage points less often commits exit comparing to other organizations. The high activity for fund was in 2017. The usual things for fund are deals in the range of 10 - 50 millions dollars. The fund is constantly included in less than 2 investment rounds annually.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Magic Capital, startups are often financed by GSR Ventures, Coent Venture Partners, Capital Union Investments. The meaningful sponsors for the fund in investment in the same round are Vertex Ventures China, Vertex Ventures, Beyond Ventures. In the next rounds fund is usually obtained by IDG Capital, Walden International, Yada Education.

The fund was created by Colin Huang, Hongyu Zhang, Joe Wu.

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Funds from China
Funds with similar focus located in China:
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Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Weiming Smart

Machinery Manufacturing
Manufacturing
30 Nov 2021 Jingan, Shanghai, China

Xiaoyezi

Education
Music
SaaS
Software
$30M08 Nov 2021 Beijing, Beijing, China

Grand Voyage Holdings

E-Commerce
20 Feb 2021 England

APstem Therapeutics, Inc.

Biotechnology
Health Care
Life Science
$2M01 Sep 2020 Fremont, California, United States

Bouffalo Lab

Semiconductor
$26M01 Feb 2020 Shanghai, China

TeatreeGroup

19 Dec 2019 China, Beijing

Infimind

Artificial Intelligence
Fashion
Retail
$14M16 Oct 2019 Dongcheng District, Beijing, China

APstem Therapeutics, Inc.

Biotechnology
Health Care
Life Science
$500K01 May 2019 Fremont, California, United States

Candao

Food and Beverage
Hospitality
Hotel
Information Technology
Restaurants
Retail
SaaS
Travel
$15M16 Apr 2019 Guangdong Province

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Total investments 31
Average round size 6M
Rounds per year 2.38
Peak activity year 2016
Lead investments 4
Follow on index 0.13
Exits 1
Group Appearance index 0.68

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Weiming Smart

Machinery Manufacturing
Manufacturing
30 Nov 2021 Jingan, Shanghai, China

Xiaoyezi

Education
Music
SaaS
Software
$30M08 Nov 2021 Beijing, Beijing, China

Grand Voyage Holdings

E-Commerce
20 Feb 2021 England

APstem Therapeutics, Inc.

Biotechnology
Health Care
Life Science
$2M01 Sep 2020 Fremont, California, United States

Bouffalo Lab

Semiconductor
$26M01 Feb 2020 Shanghai, China

TeatreeGroup

19 Dec 2019 China, Beijing

Infimind

Artificial Intelligence
Fashion
Retail
$14M16 Oct 2019 Dongcheng District, Beijing, China

APstem Therapeutics, Inc.

Biotechnology
Health Care
Life Science
$500K01 May 2019 Fremont, California, United States

Candao

Food and Beverage
Hospitality
Hotel
Information Technology
Restaurants
Retail
SaaS
Travel
$15M16 Apr 2019 Guangdong Province
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