Fortune Venture Capital

Name

Fortune Venture Capital

Legal name

达晨财智创业投资管理有限公司

Website

http://www.fortunevc.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Venture Capital and Private Equity Fund Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Late-Stage Venture Capital (Series C+) (FSANAAAC)

akta.pro secondary industries

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD), Venture Capital Fundraising Placement (FSAEALAC)

Keywords

• Venture capital management
• Private equity funds
• Technology investment
• Growth capital
• Fund management services

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fund Management Fees: Management fees collected from managed funds, typically calculated as a percentage of committed capital under management. The firm manages nearly 660 billion RMB across multiple fund vehicles including comprehensive funds, technology funds, and government-backed funds.
2. Carried Interest (Performance Fees): Carry generated from successful exits and IPOs. The firm has achieved approximately 17% IPO exit rate, with 147+ portfolio companies having completed IPOs. Investment returns have been substantial, with some investments yielding 20-30x returns.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Fortune Venture Capital is a venture capital and private equity firm that manages approximately 660 billion RMB across multiple fund vehicles, investing growth capital into Chinese technology and innovation companies across AI, embodied intelligence, commercial aerospace, semiconductors, biotech, new energy, and advanced manufacturing. It generates revenue through management fees on committed capital and carried interest from successful exits, having achieved 147+ IPOs from 850+ portfolio investments since 2000.

Product overview

Fortune Venture Capital (达晨财智) is a venture capital and private equity investment management firm, not a traditional technology product company. The firm offers fund management services including comprehensive funds, technology-focused funds, fixed-income funds, and specialized account funds. As a VC firm, it does not offer discrete software products or SaaS offerings; rather, its core business is providing investment management services, conducting investment research, supporting portfolio companies, and facilitating industry connections for investors and entrepreneurs.

Differentiator

Problem solved

Functional benefit

Products and services

• Comprehensive Funds (综合基金) Multi-sector venture capital fund vehicles providing growth capital across multiple industries; cornerstone offering of Fortune Venture Capital since inception.
• Technology-Focused Funds (科技基金) Specialized fund vehicles targeting frontier technology sectors including artificial intelligence, embodied intelligence, brain-computer interfaces, semiconductors, new materials, biotech, and new energy.
• Government-Backed and State-Owned Enterprise Joint Venture Fund Platforms Fund vehicles managed jointly with provincial and municipal government investment platforms, including the Hunan Future Industry Fund co-managed with Hunan Caixinjin Kong under a dual GP / dual executive partner model.
• Industry-Specific Funds (Commercial Aerospace and Low-Altitude Economy) Dedicated industrial fund vehicles targeting commercial aerospace and the low-altitude economy, sectors the firm has been recognized for by Zero2IPO (投中) as a top-20 best VC institution.
• D+ Round and Separately Managed Account Funds Fund vehicles structured around D+ rounds and separately managed accounts (专户), offered to a mix of institutional and qualified individual investors as part of Fortune's diversified fund platform.
• Listed Company Alliance and Portfolio Ecosystem Services Value-added post-investment ecosystem services for portfolio companies, including the Listed Company Alliance with 53+ members, regional Fortune Hui chapters, and entrepreneur clubs that facilitate partnerships, M&A opportunities, and cross-portfolio collaborations.

Quantifiable outcome

• 25-year investment track record with ~17% IPO exit rate and 147+ successful IPOs from 850+ investments
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Hunan Caixinjin Kong (湖南财信金控)coreStrategic or Co-development Partner · 10 June 2026Fortune Capital and Hunan Caixinjin Kong jointly held the Hunan Province Future Industry Fund Strategy Seminar. Both parties agreed to co-manage the Hunan Future Industry Fund using 'dual GP' and dual executive partner model.
• Southern University of Science and Technology (南方科技大学)coreStrategic or Co-development Partner · 4 June 2026Fortune Capital and Southern University of Science and Technology jointly established the 'Fortune Class' talent program. The program aims to cultivate future investment talents, build a platform for university research commercialization, and create an ecosystem for tech entrepreneurs.

Scale indicators7 records

Recent moves11 records

Expansion highlights7 records

Direct peers

• HongShan (Sequoia China spin-off): One of China's largest venture capital firms post-Sequoia split; invests across similar technology stages (Series A through growth) and sectors including AI, biotech, new energy, and consumer. Direct competitor for top Chinese tech deals.
• Hillhouse Capital / HHLR: Major China-focused investment platform managing public and private equity strategies. Co-investor with Fortune on XPeng Aeroht and other deals; directly comparable in scale, sector breadth, and late-stage Chinese venture investing.
• IDG Capital: One of the earliest foreign VC firms in China with deep roots since 1990s. Similar broad sector coverage (TMT, healthcare, advanced manufacturing) and comparable 25+ year operating history, making it a natural comparison for top domestic-leaning Chinese VCs.
• Legend Capital (Lenovo Capital): Sister firm of Lenovo Holdings investing in Chinese tech and healthcare. Co-investor with Fortune on HeyGears Series C; directly comparable in stage focus (growth-stage) and Chinese tech/healthcare orientation.
• Qiming Venture Partners: Leading Chinese VC firm focusing on early-to-growth stage technology and healthcare. Co-investor with Fortune on Inspire Robots Series C; comparable in stage mix and Chinese innovation economy focus.
• Sinovation Ventures: Kai-Fu Lee-led Chinese VC with strong AI franchise; co-investor with Fortune on RoboScience and Visics. Closely comparable AI/embodied intelligence focus and similar Chinese tech fund scale.
• Matrix Partners China: Active early-to-growth stage Chinese VC. Co-investor with Fortune on Logic Bit Series Pre-A; comparable in stage focus and Chinese technology investing.
• Shenzhen Capital Group (SCGC): Government-backed Chinese VC with similar broad technology mandate. Co-investor with Fortune on SENAD, Elite Robots, and Logic Bit; comparable scale and Shenzhen-headquartered presence.
• Oriza Holdings: Chinese investment platform affiliated with Suzhou Industrial Park; co-investor with Fortune on Elite Robots. Comparable late-stage Chinese tech investing profile.
• CMB Capital (China Merchants Capital): Investment arm of China Merchants Bank; co-investor with Fortune on RoboScience. Comparable scale and stage focus within Chinese tech and frontier industries.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments399 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fortune Venture Capital