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Venture Capital

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Investments

2

Portfolio Exits

1

About Fengrong Investment

The firm is focused on B2B startups.

Fengrong Investment Headquarter Location

Xixi International Trade Center Block D, Floor 6, 80 Zixia Street

Hangzhou, Zhejiang , 310000,

China

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Fengrong Investment Investments

2 Investments

Fengrong Investment has made 2 investments. Their latest investment was in Hewu System Tech as part of their Series B on August 8, 2021.

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Fengrong Investment Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

8/5/2021

Series B

Hewu System Tech

Yes

1

8/26/2019

Unattributed VC

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$99M

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10

Date

8/5/2021

8/26/2019

Round

Series B

Unattributed VC

Company

Hewu System Tech

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Amount

$99M

New?

Yes

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Co-Investors

Sources

1

10

Fengrong Investment Portfolio Exits

1 Portfolio Exit

Fengrong Investment has 1 portfolio exit. Their latest portfolio exit was Guobang Pharma on August 02, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/2/2021

IPO

$991

1

Date

8/2/2021

Exit

IPO

Companies

Valuation

$991

Acquirer

Sources

1

Fengrong Investment Team

1 Team Member

Fengrong Investment has 1 team member, including current Managing Director, Rong Xu.

Name

Work History

Title

Status

Rong Xu

Managing Director

Current

Name

Rong Xu

Work History

Title

Managing Director

Status

Current

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