Investments
500Portfolio Exits
88Funds
36About Fortune Capital
Fortune Capital is a market-oriented venture capital firm in China. It focuses its investments on companies in four key sectors: TMT (Media oriented), Consumer Goods/Services, Modern Agriculture, and Clean Tech. The company was founded in 2000 and is based in Shenzhen, China.
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Latest Fortune Capital News
Nov 1, 2020
Backers included Harvest Fund, Oriental Fortune Capital, Vision+ Capital, and original investor NavInfo The company also intends to use the funds to relieve the pressure on the supply chain caused by mass delivery and to increase the cash reserve Minieye aims to implement artificial intelligence to provide reliable sensing and decision-making solutions for autonomous driving The company focuses on improving the automation degree and, at the same time, reducing the accident rate and guaranteeing the safety of drivers and passengers In 2018, Minieye received the approval of the Original Equipment Manufacturer (OEM) Tags:
Fortune Capital Investments
500 Investments
Fortune Capital has made 500 investments. Their latest investment was in Glory Photonix as part of their Series A - II on September 9, 2023.
Fortune Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
9/25/2023 | Series A - II | Glory Photonix | Yes | 2 | ||
9/12/2023 | Series A | Fmeamaster | Yes | 3 | ||
9/11/2023 | Series B - II | Oriomics | $13.62M | Yes | Fortune Capital, Hotgen, and Tao Capital | 2 |
8/16/2023 | Series C | |||||
8/10/2023 | Series A |
Date | 9/25/2023 | 9/12/2023 | 9/11/2023 | 8/16/2023 | 8/10/2023 |
|---|---|---|---|---|---|
Round | Series A - II | Series A | Series B - II | Series C | Series A |
Company | Glory Photonix | Fmeamaster | Oriomics | ||
Amount | $13.62M | ||||
New? | Yes | Yes | Yes | ||
Co-Investors | Fortune Capital, Hotgen, and Tao Capital | ||||
Sources | 2 | 3 | 2 |
Fortune Capital Portfolio Exits
88 Portfolio Exits
Fortune Capital has 88 portfolio exits. Their latest portfolio exit was Deerma on May 18, 2023.
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 |
|---|---|---|---|---|---|
5/18/2023 | IPO | Public | 2 | ||
12/30/2022 | IPO | Public | 1 | ||
12/26/2022 | Reverse Merger | 3 | |||
Date | 5/18/2023 | 12/30/2022 | 12/26/2022 | ||
|---|---|---|---|---|---|
Exit | IPO | IPO | Reverse Merger | ||
Companies | |||||
Valuation | |||||
Acquirer | Public | Public | |||
Sources | 2 | 1 | 3 |
Fortune Capital Fund History
36 Fund Histories
Fortune Capital has 36 funds, including Fortune Chuangcheng Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
6/2/2023 | Fortune Chuangcheng Fund | $705.6M | 1 | ||
12/14/2022 | 江西赣江新区财投晨源股权投资中心（Jiangxi Ganjiang New District Financial Investment Chenyuan Equity Investment Center） | $71.9M | 2 | ||
10/30/2018 | Shenzhen Fortune Chuangtong Equity Investment | Multi-Stage Venture Capital | Closed | $690.63M | 1 |
11/14/2016 | Fortune Venture Military Fund | ||||
8/31/2016 | Fortune Military Fund |
Closing Date | 6/2/2023 | 12/14/2022 | 10/30/2018 | 11/14/2016 | 8/31/2016 |
|---|---|---|---|---|---|
Fund | Fortune Chuangcheng Fund | 江西赣江新区财投晨源股权投资中心（Jiangxi Ganjiang New District Financial Investment Chenyuan Equity Investment Center） | Shenzhen Fortune Chuangtong Equity Investment | Fortune Venture Military Fund | Fortune Military Fund |
Fund Type | Multi-Stage Venture Capital | ||||
Status | Closed | ||||
Amount | $705.6M | $71.9M | $690.63M | ||
Sources | 1 | 2 | 1 |
Fortune Capital Team
5 Team Members
Fortune Capital has 5 team members, including current President, Bing Xiao.
Name | Work History | Title | Status |
|---|---|---|---|
Bing Xiao | President | Current | |
Name | Bing Xiao | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | President | ||||
Status | Current |
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