About Fengshui Capital
Fengshui Capital is a venture capital firm founded in 2018. It is primarily based out of Singapore, Singapore. As of Sep 2020, Fengshui Capital has invested in 34 companies. It primarily invests in Seed round in China based startups. Its investments are spread across a wide range of sectors from High Tech to Blockchain Technology and Enterprise Applications. Most recently it participated in the $***** Seed round of Cider Overall, Fengshui Capital portfolio has seen 1 unicorn and 1 acquisition, namely Cider and BLOCKv. A lot of funds co-invest with Fengshui Capital, with names like Andreessen Horowitz sharing a substantial percentage of its portfolio. Fengshui Capital has team of 1 people including 1 partners.Fengshui Capital's List of Top Investments
Fengshui Capital has a portfolio of 34 companies, one of which is a Unicorn. Their most notable investmentis in SaitoTheir portfolio spans across United States, China, Singapore and 10 more locations. They have invested in High Tech, Blockchain Technology, Enterprise Applications and 14 other sectors, across stages such as Seed stage. Here is the list of top investments by Fengshui Capital:
1. Cider
Internet first brand offering apparel for women. The product catalog includes dresses, tops, bottoms, denim, swimwear, accessories, tops, knitwear, sweatshirts, skirts, shirts, trousers, etc.
Key facts about Cider
- Founded Year: 2020
- Location: Hong Kong (China)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $140M
- Employee Count: 195 as on May 31, 2026
- Investors: DST Global, Andreessen Horowitz and 6 Others
- Latest Funding Round: Series B, Sep 03, 2021, $*****
- Highlight: Editors' Pick
2. Neo
Blockchain-based infrastructure for the development of decentralized applications. It is a public chain that is designed to record and transfer digital assets. It is a decentralized and distributed network protocol that can be used to digitalize assets or shares and accomplish financial business objectives through peer-to-peer networks such as registration and issuing, making transactions, settlement, and payment.
Key facts about Neo
- Founded Year: 2014
- Location: Shanghai (China)
- Stage: Funding Raised
- Employee Count: 45 as on May 31, 2026
- Investors: 27th Street Capital, Rhapsody Ventures and 23 Others
- Latest Funding Round: ICO, Sep 07, 2016, $*****
- Highlight: Editors' Pick
3. Vault12
Crypto inheritance and backup solutions for securing digital assets. It pioneers crypto inheritance management, offering a secure way to pass on crypto assets to future generations. Their flagship app ensures wallet seed phrases and private keys are preserved in a self-sovereign manner across all Blockchains. They leverage quantum-resistant cryptography and a peer-to-peer network of trusted Guardians, avoiding single points of failure by never storing data in the cloud or on servers. The company focuses on decentralized self-custody for secure backup and inheritance, providing a user-friendly experience with robust security. They offer software solutions for crypto inheritance, backup, and digital asset management, catering to both everyday users and seasoned crypto enthusiasts. Their services include digital vault, social recovery, and inheritance planning for Bitcoin, Ethereum, and other cryptocurrencies.
Key facts about Vault12
- Founded Year: 2014
- Location: Mountain View (United States)
- Stage: Series A
- Total Funding till date: $17.5M
- Employee Count: 12 as on May 31, 2026
- Investors: Utopian, True Ventures and 7 Others
- Latest Funding Round: Series A, Oct 04, 2018, $*****
- Highlight: Editors' Pick
4. Cosmos
Cosmos: Building the Internet of Blockchains with interoperable blockchain technology. It enables a growing network of interconnected, sovereign, scalable, and secure blockchains. The company maintains a platform that includes the Cosmos SDK, IBC, CometBFT, Cosmos EVM, and CosmWasm. It offers tools and resources for developers to build appchains with full sovereignty, customize runtime, and scale without bottlenecks. The platform supports smart contracts, cross-chain interoperability, and enterprise-grade security. It fosters a global community of developers and innovators. The company provides solutions like IBC Eureka and Skip:Go, and supports a wide ecosystem of wallets, tokens, and block explorers. It focuses on blockchain, interoperability, appchains, smart contracts, cross-chain messaging, and decentralized applications.
Key facts about Cosmos
- Founded Year: 2016
- Location: San Francisco (United States)
- Stage: Seed
- Employee Count: 11 as on Mar 31, 2026
- Investors: 2020 Ventures, DHVC and 49 Others
- Latest Funding Round: ICO, Apr 06, 2017, $*****
Request Network is a decentralized P2P payment network built on top of the Ethereum blockchain. It allows users to send payment requests to their contacts and send/receive money from others. Allows users to create and share invoices and also offers auditing and accounting services. Also, allows developers to build applications on top of Request blockchain.
Key facts about Request Network
- Founded Year: 2017
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $5.62M
- Employee Count: 9 as on May 31, 2026
- Investors: Balderton Capital, Siparex and 12 Others
- Latest Funding Round: Seed, Jun 09, 2022, $*****
Fengshui Capital's Year-on-Year Investment Trends
Its most recent first time investment was in Cider.Fengshui Capital's Investments by Stage
Fengshui Capital has made 2 investments in Seed stage with an average round size of $6M.Fengshui Capital's Investments by Sector
Fengshui Capital has a diverse portfolio, with companies operating in the Blockchain Technology, Consumer, Consumer Goods, Enterprise Applications and High Tech. Notably, it has invested in 33 Tech companies, 30 Blockchain companies, 24 Enterprise (B2B) companies and at least 19 companies focusing on Software.Sector | No. of Investments |
|---|---|
Blockchain Technology | 1 |
Consumer | 1 |
Consumer Goods | 1 |
Enterprise Applications | 1 |
High Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Fengshui Capital's Investments by Geography
Fengshui Capital has made most investments in China (2).Fengshui Capital's recent investments
Fengshui Capital has not made any investment in 2026 so far.Here are the most recent investments by Fengshui Capital:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 2020 | China | Seed | 1121 | [+3] | |
Sep 25, 2018 | China | Seed | 9843 | [+2] |
Unicorns in Fengshui Capital's Portfolio
Fengshui Capital has 1 unicorn in its portfolio - Cider. The most recent unicorn in their portfolio is Cider which became a unicorn in 2021.Here is a list of unicorns in Fengshui Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Internet first brand offering apparel for women | 2020 | Hong Kong | Series B | xxuyvjk |
Acquired companies in Fengshui Capital's Portfolio
1 company from Fengshui Capital's portfolio has been acquired. The most recent acquisition was BLOCKv in Oct 2022 by Smart Media Tech for $*****.Here are Fengshui Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 04, 2022 | - | - | 4847 |
Team profile of Fengshui Capital
Fengshui Capital has a team of 1 member located in Canada. Fengshui Capital's team does not sit on the board of any company as of now.Co-investors of Fengshui Capital
Over the past 8 years, 9 investors have co-invested in Fengshui Capital's portfolio companies. This includes funds and angels.
- Top Co-investors of Fengshui Capital: 7 investors entered a company along with Fengshui Capital. These include investors like Andreessen Horowitz (1 company).
- Invested after Fengshui Capital: DST Global (1 company) and Greenoaks (1 company) are the investors which have invested in Fengshui Capital's portfolio after their investments.
Recent News related to Fengshui Capital
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Funds see promise in battered Chinese real estate dollar bondsFinancial Post•Jan 24, 2022•InvestorRoom, Fengshui Capital
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"i back tone" completed tens of millions of RMB B2 round of financing led by Junlian Capital36Kr•May 27, 2020•Legend Capital, i Back Tune, Future Capital, Frees Fund and 2 others