Sky9 Capital

Summary

Sky9 Capital appeared to be the VC, which was created in 2016. The main department of described VC is located in the Shanghai. The venture was found in Asia in China.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Sky9 Capital, startups are often financed by K2VC, IDG Capital, Vision Plus Capital. The meaningful sponsors for the fund in investment in the same round are Lightspeed China Partners, K2VC, Hillhouse Capital Group. In the next rounds fund is usually obtained by Lightspeed China Partners, Hillhouse Capital Group, Yunqi Partners.

The high activity for fund was in 2018. Despite it in 2019 the fund had an activity. Speaking about the real fund results, this VC is 1 percentage points less often commits exit comparing to other organizations. The average startup value when the investment from Sky9 Capital is 500 millions - 1 billion dollars. Comparing to the other companies, this Sky9 Capital performs on 26 percentage points less the average number of lead investments. Deals in the range of 10 - 50 millions dollars are the general things for fund. The increased amount of exits for fund were in 2018. The fund is constantly included in 7-12 investment rounds annually.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - China. Among the various public portfolio startups of the fund, we may underline QingCloud, 51zhaoyou.com, Energy Monster The fund has exact preference in some founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most popular fund investment industries, there are Information Technology, Cloud Computing.

The fund was created by Ron Cao. Besides them, we counted 3 critical employees of this fund in our database.