Private Equity

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Furong Capital

Furong Capital is a venture capital firm based in China, established by the Research Institute of Fudan University in Ningbo. It has made 54 investments,...

Furong Capital

Furong Capital is a venture capital firm based in China, established by the Research Institute of Fudan University in Ningbo. It has made 54 investments, including a Seed VC investment in Prodegre on February 25, 2026. The firm has 2 portfolio exits, with TYK Medicines exiting on August 20, 2024.

General information

Firm type

Private Equity

Year founded

2013

Location

Region

Asia

Country

China

City

Shanghai

Corporate office

Shanghai, China

Sector focus

Venture CapitalGrowth EquityPrivate EquityEarly Stage

Frequently asked questions

What is Furong Capital's investment focus?

Furong Capital targets Chinese companies across the full venture-to-growth lifecycle, including seed, startup, early-stage, expansion/late-stage, growth equity, and PIPE transactions (per public reference data). The firm has not publicly disclosed sector-specific preferences or exclusions.

Is Furong Capital affiliated with Fudan University?

The firm's website domain is fudannb.com, strongly implying an affiliation with Fudan University — one of China's premier institutions — but no official statement from the university or the firm confirms a formal partnership. The firm may leverage alumni networks for deal sourcing.

Does Furong Capital disclose its AUM or fund performance?

Furong Capital has not published AUM, committed capital, or fund performance data in any English-language public record. Its financial metrics remain undisclosed.

What is known about Furong Capital's team?

No named investment professionals or key personnel are found in publicly available sources. The firm has no public LinkedIn presence and does not list a team on its website.

Has Furong Capital completed any notable deals?

No specific portfolio companies or transactional details are recorded in English-language media or industry databases accessible to the public. The firm's deal flow is opaque.

Does Furong Capital focus on early-stage investment only?

No — the firm's stated strategy spans early-stage (seed, startup) through expansion, late-stage, growth, and PIPE transactions, indicating a flexibility uncommon among single-stage firms. However, no fund vehicles or stage-specific mandates are confirmed.

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