Draper Dragon

Draper Dragon, formerly known as DFJ DragonFund, is a prominent cross-border venture capital firm based in San Mateo, California. Established as a joint venture between the globally recognized Draper Fisher Jurvetson (DFJ) and Draper Dragon, the firm leverages a powerful network and deep expertise to bridge the innovation ecosystems of the United States and China. This unique positioning allows them to identify and support groundbreaking technology companies with significant global market potential, fostering growth and market expansion across continents.

The firm primarily focuses on early-stage to growth-stage investments, targeting companies that are developing disruptive technologies across a diverse range of sectors. Their investment thesis centers on areas such as artificial intelligence, blockchain, big data, Software-as-a-Service (SaaS), fintech, biotech, new materials, advanced manufacturing, and consumer technology. Draper Dragon seeks out visionary entrepreneurs who are building scalable solutions and possess the ambition to expand their reach across international markets, benefiting from the firm's extensive network and strategic guidance in both Eastern and Western markets.

Draper Dragon has demonstrated a consistent ability to raise substantial capital, reflecting investor confidence in their cross-border strategy and investment acumen. Their most recent fund, Draper Dragon Fund IV, successfully closed at $400 million, underscoring their capacity to make significant investments. While specific check sizes can vary based on the stage and needs of the company, their typical initial investment for early to growth-stage ventures generally ranges from $2 million to $15 million, with potential for substantial follow-on capital. This allows them to support companies from their nascent stages through significant growth milestones, providing not just capital but also strategic support and access to a global network of partners and resources.