
DFJ DragonFund
Description
DFJ DragonFund is a prominent venture capital firm with a strong focus on early-stage, high-growth, technology-centric companies primarily within China. Established through a collaboration between the renowned Silicon Valley-based Draper Fisher Jurvetson (DFJ) and DragonVenture, the firm leverages global VC expertise with deep local market insights. Headquartered in Shanghai, DFJ DragonFund has positioned itself as a key player in the Chinese innovation ecosystem, aiming to identify and nurture disruptive technologies and business models.
The firm's investment strategy is centered on identifying companies poised for significant scalability and market disruption. DFJ DragonFund actively invests across a diverse range of technology sectors, including artificial intelligence (AI), big data analytics, enterprise software, healthcare technology, new materials, robotics, fintech, advanced manufacturing, and the Internet of Things (IoT). Their approach emphasizes hands-on support, leveraging their extensive network and operational experience to help portfolio companies navigate the complexities of the Chinese market and achieve rapid growth.
DFJ DragonFund typically targets early-stage investments, often participating in Seed, Series A, and early Series B rounds. While specific check sizes can vary based on the stage and capital requirements of the company, their initial investments generally range from approximately $2 million to $15 million. The firm has a track record of raising substantial capital for its funds, demonstrating investor confidence; for instance, DFJ DragonFund III closed at $250 million in 2014, and DFJ DragonFund IV raised $350 million in 2018. This capital enables them to provide significant initial funding and subsequent follow-on investments to support their portfolio companies' long-term development and expansion.
Investor Profile
DFJ DragonFund has backed more than 25 startups, with 1 new investments in the last 12 months alone. The firm has led 4 rounds, about 16% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in United States, China, Spain.
- Strong thematic focus on Enterprise Software, Software, Electronics.
- Typical check size: $2M – $15M.
Stage Focus
- Series A (28%)
- Series B (24%)
- Seed (16%)
- Series C (16%)
- Series D (8%)
- Series Unknown (4%)
- Series E (4%)
Country Focus
- United States (48%)
- China (48%)
- Spain (4%)
Industry Focus
- Enterprise Software
- Software
- Electronics
- Fintech
- Internet Of Things
- Information Technology
- Finance
- Artificial Intelligence (Ai)
- Semiconductor
- Tv
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.