Predict your next investment

Venture Capital
kunlunfund.com.cn

See what CB Insights has to offer

Investments

38

Portfolio Exits

6

About Kunlun Fund

Kunlun Fund is a venture capital firm based in China that focuses on new energy, high-end equipment, intelligent manufacturing, and other investments.

Kunlun Fund Headquarter Location

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Kunlun Fund News

Fusion Energy Developer Startorus Fusion Secures Angel Investment

Jun 16, 2022

Startorus Fusion, a Chinese commercial fusion energy development enterprise, announced on Thursday that it has obtained hundreds of millions of yuan in angel investment from Shunwei Capital, Casstar, Kunlun Fund, Telescope Investment, MSA Capital, Sequoia Seed Fund, K2VC, and Unity Ventures, among others. The fresh funds will reportedly be used for controllable fusion energy development. Startorus Fusion was established in 2021, aimed at building the first business-used fusion reactor in China, also focusing on the commercial application of fusion energy and the R&D of related technologies. After obtaining this round of financing, it will build a spherical Tokamak fusion device in Shaanxi Province. The device is expected to be installed and commissioned within this year, to confine plasma and heat ions to 1.5 keV (about 17 million degrees Celsius). Tokamak fusion devices have become the most popular solution for controlled nuclear fusion since the 1970s, due to its excellent performance and low difficulty in construction and operation. At present, more than 100 Tokamaks have been built or are under construction globally, among which ITER, TFTR and DIII-D are well-known. Many experimental results based on Tokamak have proven the scientific feasibility of magnetic confinement nuclear fusion, and have also derived spherical Tokamak with better stability and higher economy. Controlled nuclear fusion has many advantages, such as unlimited raw material reserves, safety, zero carbon emissions, and so on. It has always been regarded as the ultimate solution for clean energy. Proponents of controlled fusion claim it will help human society significantly reduce or even completely get rid of its dependence on fossil fuels, which is an important way for human beings to achieve sustainable development.

Kunlun Fund Investments

38 Investments

Kunlun Fund has made 38 investments. Their latest investment was in Startorus Fusion as part of their Seed VC on June 6, 2022.

CBI Logo

Kunlun Fund Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/16/2022

Seed VC

Startorus Fusion

Yes

2

5/12/2022

Series C

Hui-Gene Therapeutics

Yes

2

4/19/2022

Unattributed VC

Shanshan Technology

$475.14M

Yes

1

3/15/2022

Series A

Subscribe to see more

Subscribe to see more

10

3/14/2022

Series A - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/16/2022

5/12/2022

4/19/2022

3/15/2022

3/14/2022

Round

Seed VC

Series C

Unattributed VC

Series A

Series A - II

Company

Startorus Fusion

Hui-Gene Therapeutics

Shanshan Technology

Subscribe to see more

Subscribe to see more

Amount

$475.14M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

2

1

10

10

Kunlun Fund Portfolio Exits

6 Portfolio Exits

Kunlun Fund has 6 portfolio exits. Their latest portfolio exit was OBiO on March 22, 2022.

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

3/22/2022

IPO - II

$99M

Public

2

9/10/2021

IPO

Subscribe to see more

$99M

Subscribe to see more

10

3/22/2021

Shareholder Liquidity - II

Subscribe to see more

$99M

Subscribe to see more

10

5/6/2020

IPO - II

Subscribe to see more

$99M

Subscribe to see more

10

12/3/2014

IPO

Subscribe to see more

$99M

Subscribe to see more

0

Date

3/22/2022

9/10/2021

3/22/2021

5/6/2020

12/3/2014

Exit

IPO - II

IPO

Shareholder Liquidity - II

IPO - II

IPO

Companies

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

10

10

10

0

Kunlun Fund Team

1 Team Member

Kunlun Fund has 1 team member, including former Chief Executive Officer, Dongya Shao.

Name

Work History

Title

Status

Dongya Shao

Chief Executive Officer

Former

Name

Dongya Shao

Work History

Title

Chief Executive Officer

Status

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.