
Investments
127Portfolio Exits
2Funds
2About Volcanics Venture
Volcanics Venture is focused on capital investments in early or growth-stage companies in the fields of internet innovation, healthcare, and smart technology.

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Latest Volcanics Venture News
Dec 15, 2022
Online Collaboration Platform Fabrie Secures Pre-A+ Round of Financing Fabrie, an online collaboration tool for the global design market, has recently completed a pre-A+ round of financing, led jointly by CDH Investments and Sequoia China Seed Fund, followed by Volcanics Venture and BAI Capital, 36Kr reported on December 15. Fabrie, which offers a combination of online whiteboards and multi-dimensional tables, was established in 2021. It is committed to helping more than 100 million designers from various sub-sectors and their collaborators to better solve diversified needs in a borderless space. Since Fabrie was officially launched this year, its users have grown rapidly, maintaining average monthly growth of over 30% in the past three months, among which the top 10% of daily active users spend an average of five to seven hours a day. Fabrie will launch a paid version early next year. Fabrie launched a global version shortly after the desktop beta. At the same time, based on the consideration of Chinese users’ office needs, it also just launched the beta version of mini program on WeChat. (Source: Fabrie) “Borderless online whiteboards can better solve the problems of physical whiteboards or desktop limitations,” said Dabo, the founder of Fabrie. Dabo got a bachelor’s degree from Central Saint Martins, majoring in product design, and a master’s degree from the Royal College of Art and Imperial College London in innovative design and computer graphics. He has been engaged in design work in London and Shanghai for many years. Fabrie serves design management with the ability of a lightweight database. In terms of product functions, the firm achieves the intuition of ignoring file formats while realizing cloud sharing, and can directly render design files in professional formats, thus achieving real-time and asynchronous information sharing. In addition, compared with other online whiteboard tools, Fabrie eliminates the optional generality function, making the product more targeted. For example, details such as shortcut key design and graphic scaling interaction logic, are adapted according to the usage habits cultivated by designers when using traditional design software. Fabrie has encouraged deep users to share their case templates, and will form a designer community around templates in the future. Fabrie also integrates various AI functions into the design workflow. At present, Fabrie AI has launched the function of generating pictures from text, which has been widely used in moodboard, concept maps, illustrations and posters. In the future, Fabrie AI will launch more AI plug-ins or functions, which will improve designers’ work efficiency by combining AI capabilities with conventional whiteboard and table editing capabilities. Sign up today for 5 free articles monthly! Sign in with google
Volcanics Venture Investments
127 Investments
Volcanics Venture has made 127 investments. Their latest investment was in Fengtai Technology as part of their Series B on January 1, 2023.

Volcanics Venture Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/17/2023 | Series B | Fengtai Technology | $36.9M | Yes | 2 | |
12/15/2022 | Seed VC - III | Fabrie | No | 5 | ||
7/1/2022 | Seed VC | Agnano | Yes | Undisclosed Investors, and Volcanics Venture | 1 | |
6/24/2022 | Series C | |||||
6/7/2022 | Series A |
Date | 1/17/2023 | 12/15/2022 | 7/1/2022 | 6/24/2022 | 6/7/2022 |
---|---|---|---|---|---|
Round | Series B | Seed VC - III | Seed VC | Series C | Series A |
Company | Fengtai Technology | Fabrie | Agnano | ||
Amount | $36.9M | ||||
New? | Yes | No | Yes | ||
Co-Investors | Undisclosed Investors, and Volcanics Venture | ||||
Sources | 2 | 5 | 1 |
Volcanics Venture Portfolio Exits
2 Portfolio Exits
Volcanics Venture has 2 portfolio exits. Their latest portfolio exit was Meijian on February 02, 2021.
Volcanics Venture Fund History
2 Fund Histories
Volcanics Venture has 2 funds, including Volcanics Venture Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
5/18/2018 | Volcanics Venture Fund | $72.8M | 4 | ||
Volcanics Venture Fund II |
Closing Date | 5/18/2018 | |
---|---|---|
Fund | Volcanics Venture Fund | Volcanics Venture Fund II |
Fund Type | ||
Status | ||
Amount | $72.8M | |
Sources | 4 |