# Happiness Capital

Happiness Capital is a Single Family Office based in Hong Kong, Hong Kong.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Hong Kong, Hong Kong
- **Region:** Asia
- **Address:** Hong Kong, Hong Kong
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** happinesscapital.com
- **LinkedIn:** https://hk.linkedin.com/company/happinesscapital

## Regulatory record

- **Reports private funds:** No

## About

Happiness Capital was formed in 2017 by Sammy Lee. It functions as the dedicated investment vehicle for the Lee Kum Kee family. The firm targets Seed through Series G rounds. It uses direct co-investments, SPVs and fund-of-funds structures. Geographic reach covers Asia, Europe and North America. Sector exposure includes AgriTech & FoodTech, ClimateTech, Digital Health, Energy Transition & Renewables, FinTech, PropTech and SpaceTech. Eric Ng serves as CEO and maintains board roles at HKVCA and FSDC. Sammy Lee holds membership in YPO. The office lists commercial properties such as 20 Fenchurch Street in London and Infinitus Plaza in Hong Kong. No AUM figure or portfolio company names appear in public records.

## Sectors

- AgriTech & FoodTech
- Circular Economy
- ClimateTech
- Digital Health
- Energy Transition & Renewables
- SpaceTech
- FinTech
- Healthcare Services
- PropTech
- HRTech
- EdTech
- InsurTech

## People

- Sammy Lee — Founder
- Eric Ng — CEO
- David Lee — Family Member

## Questions

### Who runs investment decisions at Happiness Capital?

Eric Ng holds the CEO title. Sammy Lee founded the office and remains Executive Chairman of the Lee Kum Kee Group.

### Is Happiness Capital structured as a single family office or does it operate more like a venture firm?

It operates as the single family office for the Lee Kum Kee family. Capital is deployed via direct co-investments, SPVs and fund-of-funds vehicles.

### What investment stages does Happiness Capital typically target?

The office covers Seed through Series G. It also participates in later-stage rounds when opportunities align with its sustainability mandate.

### Does Happiness Capital participate in fund commitments or only direct deals?

Both approaches are used. The firm commits to external venture funds and executes direct co-investments and SPVs.

### What is Happiness Capital's known posture on co-investments alongside external GPs?

Direct co-investments form one of the stated deployment channels. No specific co-investor names or recent club deals are disclosed.

### Which sectors does Happiness Capital explicitly prioritize?

Confirmed focuses include AgriTech & FoodTech, ClimateTech, Digital Health, Energy Transition & Renewables, FinTech, PropTech and SpaceTech.

## Related profiles

- [Han World Family Office](https://altss.com/profile/han-world-family-office)
- [Harlalka Family Office](https://altss.com/profile/harlalka-family-office)

---

Last updated: 2026-08-10T16:07:01.704Z

Canonical page: https://altss.com/profile/happiness-capital

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology