About Future Capital
Future Capital is a venture capital firm founded in 2014. It is primarily based out of Beijing, China. As of Feb 2026, Future Capital has invested in 127 companies. It primarily invests in Seed round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series B round of Limx Dynamics Overall, Future Capital portfolio has seen 3 unicorns, 6 IPOs and 5 acquisitions including key companies like Niu, Beijing Che Lixing Information Technology and NewBornTown. A lot of funds co-invest with Future Capital, with names like Source Code Capital sharing a substantial percentage of its portfolio. Future Capital has team of 13 people including 10 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 4 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Future Capital's List of Top Investments
Future Capital has a portfolio of 127 companies, including 3 unicorns. Their most notable investments are in ExponTech and ENCOO.Their portfolio spans across China, United States, Canada and 6 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 29 other sectors, across stages such as Seed, Series A and 4 more. Here is the list of top investments by Future Capital:1. Niu
Manufacturer of electric scooters, mopeds, motorcycles, and related accessories. The company designs, manufactures, and sells electric vehicles. It offers multiple models and specifications for consumer, cargo, and sharing markets. The company provides an application for users.
Key facts about Niu
- Founded Year: 2014
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $50M
- Employee Count: 121 as on Jun 30, 2026
- Investors: IDG Capital, Granite Asia and 9 Others
- Latest Funding Round: Angel, Oct 19, 2018, $*****
- Highlight: Public
Manufacturer of electric vehicles and related automotive products and services. The business offers a range of vehicles. It also provides related services, including maintenance and support. The company focuses on designing and producing electric vehicles. It also develops technologies for electric vehicle applications.
Key facts about Beijing Che Lixing Information Technology
- Founded Year: 2015
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $1.58B
- Employee Count: 1,825 as on Apr 30, 2026
- Investors: Rotating Boulder Fund, Vision Plus Capital and 15 Others
- Latest Funding Round: Post IPO, Apr 12, 2021, $*****
- Highlight: Public
3. NewBornTown
Mobile app studio developing personalization apps. Some of the apps developed by the company include a solo launcher- an app to clear RAM and download wallpapers and themes, solo notifier- an Android launcher app, solo appLock- an app for locking applications, and Solo Weather-a weather forecasting application. Furthermore, the company offers solutions for advertising and digital marketing. The apps are available for download from Play Store.
Key facts about NewBornTown
- Founded Year: 2009
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $2M
- Employee Count: 97 as on May 31, 2026
- Investors: CMBC Capital, Future Capital and 3 Others
- Latest Funding Round: Series D, Oct 20, 2016, $*****
- Highlight: Public
4. Activision
Video game developer and publisher. The company developed games for Atari. Activision is the publisher of the Call Of Duty(FPS) series. It also has multiple successful titles under different genres like Crash Bandicoot, Sekiro, and more.
Key facts about Activision
- Founded Year: 1979
- Location: Santa Monica (United States)
- Stage: Funding Raised
- Employee Count: 2,833 as on Jun 30, 2026
- Investors: Future Capital and Aspen Vista Capital
5. Kujiale
Kujiale is online home decoration and furnishing information platform and a tech platform to design sketches. The company's online platforms allow users to quickly generate design sketches to decorate and furnish their homes, as well as providing information and networking solutions on home design. The user can employ digital tools to remodel room configurations, design a new house and obtain renovation plans and quotes free of charge.
Key facts about Kujiale
Future Capital's Year-on-Year Investment Trends
Future Capital has invested in 127 companies over the last 26 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Ideaflow Technology and most recent follow-on round was in Limx Dynamics.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 0 | 1 | 1 |
2024 | 3 | 1 | 4 |
2023 | 3 | 0 | 3 |
2022 | 4 | 2 | 6 |
2021 | 6 | 7 | 13 |
2020 | 5 | 5 | 10 |
2019 | 10 | 7 | 17 |
2018 | 14 | 3 | 17 |
2017 | 7 | 2 | 9 |
Future Capital's Investments by Stage
Future Capital has made 35 investments in Seed stage with an average round size of $3.13M, 22 investments in Series A stage with an average round size of $22.9M and 7 investments in Angel stage with an average round size of $1.55M.Stage of entry | No. of Investments |
|---|---|
Seed | 35 |
Series A | 22 |
Angel | 7 |
Series C | 5 |
Series B | 4 |
Others | 2 |
Note: We have considered here, only first round of investments
Future Capital's Investments by Sector
Future Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, High Tech, Auto Tech and Transportation and Logistics Tech. Notably, it has invested in 92 Tech companies, 58 Enterprise (B2B) companies, 51 Software companies and at least 49 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 22 |
Enterprise Applications | 22 |
High Tech | 19 |
Auto Tech | 11 |
Transportation and Logistics Tech | 10 |
Others | 103 |
Note: We have considered here, only first round of investments
Future Capital's Investments by Geography
Future Capital has made most investments in China (65), followed by United States where it has made 5 investments.Country | No. of Investments |
|---|---|
China | 65 |
United States | 5 |
Finland | 1 |
Germany | 1 |
Philippines | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Future Capital's recent investments
Future Capital has made 1 investments in 2026 so far - Limx Dynamics.Here are the most recent investments by Future Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 02, 2026 | China | Series B | 3369 | [+15] | |
Feb 24, 2025 | China | Series A | 5612 | [+3] | |
Dec 12, 2024 | China | Series A | 1144 | [+2] | |
Jul 29, 2024 | China | Seed | 3331 | [+3] | |
Jun 06, 2024 | China | Series A | 3265 | [+1] |
Unicorns in Future Capital's Portfolio
Future Capital has 3 unicorns in its portfolio - MEGAROBO, PingCAP and Kujiale. The most recent unicorn in their portfolio is MEGAROBO. It became a unicorn in 2022, 4 years after Future Capital first invested in it.Here is a list of unicorns in Future Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
47 | Provider of robotic solutions for industrial laboratory automation | 2016 | Singapore | Series C | urjymiv | ||
52 | Cloud-based platform offering distributed NewSQL databases | 2015 | Sunnyvale | Series D | bgmxh{w | ||
67 | Tech-driven online platform to auxiliary designs and solutions | 2011 | Hangzhou | Series E | ubefqgc |
IPOs and Publicly Listed companies in Future Capital's Portfolio
6 of Future Capital's portfolio companies have become public. iMotion got listed on the Hong Kong Exchanges (HKG), in Dec 2023 at marketcap of $860M and Beijing Che Lixing Information Technology got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $19.2B.Here are Future Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 20, 2023 | Jul 02, 2020 | Series B | 2856 | |
Aug 03, 2020 | Aug 17, 2019 | Series C | 6543 | |
Dec 31, 2019 | 2014 | Angel | 7057 | |
Oct 19, 2018 | Oct 19, 2018 | Angel | 7921 | |
Dec 05, 2014 | - | - | 5976 |
Acquired companies in Future Capital's Portfolio
5 companies from Future Capital's portfolio have been acquired. The most recent acquisition was Orion in Dec 2023 by Cheetah Mobile for $*****.Here are Future Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 04, 2023 | - | - | 6756 | |
Jan 19, 2022 | - | - | 3528 | |
Mar 04, 2019 | - | - | 2992 | |
Feb 07, 2019 | - | - | 6896 | |
Oct 29, 2018 | Jul 10, 2000 | Series A | 7190 |
Team profile of Future Capital
Future Capital has a team of 13 members including 10 Partners and 2 Principals located in China, Malaysia and 1 more location. Future Capital's team sits on the board of 1 company.Here is a list of top team members in Future Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Beijing | |||
Partner | Chaoyang | - | ||
Partner | - | - | ||
Partner | Xicheng | - | ||
Partner | Chaoyang | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | Petaling Jaya | - | ||
Partner | China | - | ||
Principal | United States | - |
Co-investors of Future Capital
Over the past 26 years, 357 investors have co-invested in Future Capital's portfolio companies. This includes funds and angels.
- Invested before Future Capital: Shunwei Capital, Plum Ventures and 63 others have invested in rounds before Future Capital. There are 3 companies where Shunwei Capital has invested before Future Capital and 2 companies where Plum Ventures has invested before Future Capital.
- Top Co-investors of Future Capital: 113 investors entered a company along with Future Capital. These include investors like Source Code Capital (4 companies).
- Invested after Future Capital: A total of 179 investors have invested in Future Capital's portfolio after their investments. Top Investors include Source Code Capital (4 companies), Matrix Partners China (4 companies) and ByteDance (3 companies).
Recent News related to Future Capital
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$130 Million! LiblibAI Secures China's Largest AI Application Funding Round to DatePandaily•Oct 23, 2025•LiblibAI, Sequoia Capital, CMC Capital, Future Capital and 7 others
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LiblibAI Secures New Funding Round Led by INCE Capital and Shunwei CapitalPandaily•Feb 24, 2025•LiblibAI, INCE Capital, Shunwei Capital, Future Capital and 11 others
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The hot topic Chinese AI robot "LimX Dynamics" raises billions of yen in Series A, Alibaba finally investsYahoo Japan•Aug 06, 2024•Limx Dynamics, Alibaba Group, China Merchants Group, Shang Qi Capital and 3 others
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"Zhuji Dynamics" completed angel round and Pre-A round financing of nearly 200 million yuan36Kr•Oct 17, 2023•Limx Dynamics, Frees Fund, Stalagnate Capital, Future Capital and 3 others
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Tiger Global, Carlyle lead $200m Series D round in China’s Sensors DataShareandstocks•May 06, 2022•Sensors Data, Tiger Global Management, The Carlyle Group, HongShan and 13 others
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Paladin Pandas Launch $BAMB After US$4 Million FundraiseGlobeNewswire•Apr 12, 2022•Paladin Pandas, Future Capital, HashKey, Inno Angel Fund and 2 others
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Hesi·Easy Express" received 1 billion yuan in Series D financing, led by the SoftBank Vision 2 FundPencilNews•Aug 23, 2021•SoftBank Vision Fund, Future Capital, Mandra Capital, Tiger Global Management and 4 others
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