
Investments
325Portfolio Exits
34Funds
16About Oriental Fortune Capital
Oriental Fortune Capital is a venture capital firm that invests in small and medium-sized growth-oriented companies. Its funds cover five industries: Telecommunication, Media & Technology (TMT), Green Technology, New Material & Advanced Manufacturing Technology, Healthcare, and Entertainment & Consumption. The firm invests in various business development stages through angel, venture capital, and private equity investments vehicles. OFC's business also includes mergers and acquisitions.
Oriental Fortune Capital Headquarter Location
Room 2501, Cybertimes Tower A Tian An Cyber Park, Futian District,
Shenzhen, Guangdong, 518040,
China
+86-755-8883 6399
Oriental Fortune Capital Web Traffic
Oriental Fortune Capital Rank
Latest Oriental Fortune Capital News
Apr 19, 2022
(Source: Geekbang) Geekbang, a “knowledge-as-a-service” (KaaS) learning platform that promotes the development of technical talent, has announced its completion of 100 million yuan ($15.7 million) in a B+ round of financing. The investment was led by Oriental Fortune Capital, followed by Cybernaut Venture Capital and an investment institution, while Index Capital acted as exclusive financial adviser. The funds will mainly be used for content development, technology R&D and brand building. Since its launch in 2007, Geekbang has served individual users and corporate customers in many Chinese mainland cities, as well as Hong Kong, Macao, Taiwan, and the Silicon Valley in the U.S. It has built “InfoQ,” an online global software development knowledge and innovation community, held well-known technology summits QCon and ArchSummit for many years, initiated and established TGO Kunpeng Club, independently developed a “Geek Time” app for technology learning, and an enterprise-level one-stop technology learning platform. Chen Liwei, a partner of OFC, said: “With the deepening of IT technology transformation and digital transformation, enterprises are increasing investment in skill, and the technical talent market will see continuous growth. By positioning users’ needs through models and evaluations, matching customized course content and process management, the technical talent learning platform can realize the loop of post portrait-training-performance-talent development, and can effectively help users realize digitalization and intelligence in the process of upgrading vocational skills. This is an important direction of technical talent training development. “ Digital transformation with the help of technology has become the consensus of enterprises seeking development. According to a survey conducted by research institution IDC, 67% of the top 1,000 enterprises in the world and 76% of the top 1,000 enterprises in China regard digital transformation as the strategic key. In the process of promoting digital transformation, enterprises often find that a shortage of technical talent represents one of the most urgent problems.
Oriental Fortune Capital Investments
325 Investments
Oriental Fortune Capital has made 325 investments. Their latest investment was in EPIC MEMS as part of their Series A - II on April 4, 2022.
Oriental Fortune Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
4/25/2022 | Series A - II | EPIC MEMS | Yes | 2 | ||
4/19/2022 | Series B - II | Geekbang | $15.7M | Yes | 3 | |
3/30/2022 | Series B | Yuanshan AI | $31.39M | No | 3 | |
3/14/2022 | Seed VC | |||||
3/1/2022 | Series C |
Date | 4/25/2022 | 4/19/2022 | 3/30/2022 | 3/14/2022 | 3/1/2022 |
---|---|---|---|---|---|
Round | Series A - II | Series B - II | Series B | Seed VC | Series C |
Company | EPIC MEMS | Geekbang | Yuanshan AI | ||
Amount | $15.7M | $31.39M | |||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 2 | 3 | 3 |
Oriental Fortune Capital Portfolio Exits
34 Portfolio Exits
Oriental Fortune Capital has 34 portfolio exits. Their latest portfolio exit was Ruike Biotechnology on March 31, 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 |
---|---|---|---|---|---|
3/31/2022 | IPO | 1 | |||
1/18/2022 | IPO | 5 | |||
7/16/2021 | IPO | 1 | |||
Date | 3/31/2022 | 1/18/2022 | 7/16/2021 | ||
---|---|---|---|---|---|
Exit | IPO | IPO | IPO | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 5 | 1 |
Oriental Fortune Capital Fund History
16 Fund Histories
Oriental Fortune Capital has 16 funds, including Yangzhou Fuhai Yongcheng Equity Investment LP.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
12/3/2014 | Yangzhou Fuhai Yongcheng Equity Investment LP | Expansions & Growth | Open | $8.15M | 1 |
12/1/2014 | Fuhai Huachuang Fund | Early-Stage Venture Capital | Closed | 1 | |
4/14/2011 | OFC Fund III | Multi-Stage Venture Capital | Closed | $382.29M | 1 |
1/1/2011 | OFC (Wuhu) Equity Investment Fund LP | ||||
1/1/2011 | OFC (Wuhu) Equity Investment Fund II LP |
Closing Date | 12/3/2014 | 12/1/2014 | 4/14/2011 | 1/1/2011 | 1/1/2011 |
---|---|---|---|---|---|
Fund | Yangzhou Fuhai Yongcheng Equity Investment LP | Fuhai Huachuang Fund | OFC Fund III | OFC (Wuhu) Equity Investment Fund LP | OFC (Wuhu) Equity Investment Fund II LP |
Fund Type | Expansions & Growth | Early-Stage Venture Capital | Multi-Stage Venture Capital | ||
Status | Open | Closed | Closed | ||
Amount | $8.15M | $382.29M | |||
Sources | 1 | 1 | 1 |
Oriental Fortune Capital Team
1 Team Member
Oriental Fortune Capital has 1 team member, including current President, Houbo Cheng.
Name | Work History | Title | Status |
---|---|---|---|
Houbo Cheng | President | Current |
Name | Houbo Cheng |
---|---|
Work History | |
Title | President |
Status | Current |
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