Fortune Venture Capital

Fortune Venture Capital, widely recognized as Shenzhen Capital Group Co., Ltd. (SCGC), stands as a cornerstone of China's venture capital landscape, having been established in April 2000 as one of the nation's earliest market-oriented VC firms. Headquartered in Shenzhen, SCGC has evolved into a dominant force, characterized by its extensive capital base and a broad investment mandate that spans the full life cycle of enterprises, from nascent startups to mature, pre-IPO companies.

The firm's investment strategy is highly diversified, targeting a wide array of high-growth sectors critical to China's economic transformation. These include cutting-edge fields such as information technology, new materials, biomedicine, new energy, environmental protection, high-end equipment manufacturing, and modern services. This comprehensive sectoral approach enables SCGC to identify and back innovative companies across various stages of development, contributing significantly to the advancement of strategic emerging industries.

SCGC's operational scale is truly impressive. As of 2023, the firm manages a substantial portfolio across 256 funds, with total assets under management (AUM) exceeding RMB 470 billion, which translates to approximately USD 65 billion. This immense financial capacity underpins their ability to make significant investments. Their active and prolific investment approach has resulted in backing over 1,800 companies, demonstrating their deep market penetration and commitment to fostering entrepreneurial growth.

A key indicator of SCGC's success is its remarkable track record of exits. To date, 271 of their portfolio companies have successfully gone public through initial public offerings (IPOs), solidifying their reputation for identifying and nurturing ventures with high potential for market realization. While specific initial check sizes can vary based on the stage and sector, SCGC typically deploys substantial capital, with first cheques generally ranging from approximately $1 million for early-stage ventures to over $100 million for more mature, growth-stage companies, reflecting their comprehensive investment scope.