# Happiness Capital: portfolio, investments and team > Happiness Capital is a vc firm based in Hong Kong SAR China. 4 investments on record, 1 in the last 12 months, latest Mar 2026. Source: https://millionrounds.com/fund/happiness-capital-certified-b-corp (Millionrounds; every figure on the page links to its filing or article) Hong Kong SAR China · [Investor](https://millionrounds.com/investors) # Happiness Capital Last cheque observed Mar 2026; 4 cheques on record. Email VC firm Deploying now Seed Series A Series B Sustainability Sustainable Development Goals Social Good Follow Happiness Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fhappiness-capital-certified-b-corp) Deploying now **100%** of best year **1** **cheques in 12 months**, 4 on record Since the last cheque **250** days **00** hrs **00** min **00** sec Median round **$15M** Rounds led **1 of 4** Pitch Happiness Capital ## Happiness Capital highlights - 01 1 cheques in the last 12 months - 02 Mostly Series A and Series B: 67% of its rounds - 03 Led 1 rounds ## What they do > We invest in startups and VC funds that share our values From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth - **Sectors:** Sustainability Sustainable Development Goals Social Good - **Based in:** Hong Kong SAR China - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **4 appearances** - **2026** 1 round - **Mar** **[Epoch Biodesign](https://millionrounds.com/company/epoch-biodesign)** GB · Firms' own news pages **$12M** With 9 others - **2025** 1 round - **Mar** **[Epoch Biodesign](https://millionrounds.com/company/epoch-biodesign)** Series A · GB · Kibo Invest **$18M** With 8 others - **2024** 1 round - **Jan** **[Infinite Roots](https://millionrounds.com/company/infinite-roots)** Series B · DE · Firms' own news pages **$58M** With 8 others - **2019** 1 round - **Oct** **[TruTag](https://millionrounds.com/company/trutag)** Series C · US · TechCrunch **$7.5M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## What they claim to have backed From their own portfolio page (on their website) **0** of 1 we have independently watched raise About us Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## The cheque Seed Series A Series B Median round joined **$15M** the round, not its cheque Led 1 of 4 rounds **25%** - **Sole investor:** Never alone - **Last cheque:** Mar 2026 Rounds by stage said on their site - Series A said *1* - Series B said *1* - Series C *1* - Seed said *-* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Ascension](https://millionrounds.com/fund/ascension) 2 - [BoxGroup](https://millionrounds.com/fund/boxgroup) 2 - [Extantia Capital](https://millionrounds.com/fund/extantia-capital) 2 - [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) 2 - [Plug and Play](https://millionrounds.com/fund/plug-and-play) 2 **Pitching Happiness Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Happiness Capital. A count of rooms they were both in, not a relationship either has claimed. [**Ascension** VC firm **2** rounds together](https://millionrounds.com/fund/ascension)[**BoxGroup** VC firm **2** rounds together](https://millionrounds.com/fund/boxgroup)[**Extantia Capital** VC firm **2** rounds together](https://millionrounds.com/fund/extantia-capital)[**Lowercarbon Capital** VC firm **2** rounds together](https://millionrounds.com/fund/lowercarbon-capital)[**Plug and Play** Accelerator **2** rounds together](https://millionrounds.com/fund/plug-and-play) ## Recently backed The latest companies Happiness Capital put money into. [**Epoch Biodesign** $12M · Mar 2026](https://millionrounds.com/company/epoch-biodesign)[**Infinite Roots** $58M · Jan 2024](https://millionrounds.com/company/infinite-roots) ## Quick answers about Happiness Capital ### What does Happiness Capital invest in? Happiness Capital invests most often at Series A and Series B (67% of the rounds on record), in sectors such as Sustainability, Sustainable Development Goals and Social Good. ### How active is Happiness Capital? 4 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Mar 2026. ### What has Happiness Capital invested in recently? Its most recent investments on record: Epoch Biodesign (Undisclosed round, Mar 2026), Infinite Roots (Series B, Jan 2024) and TruTag (Series C, Oct 2019). ### How big are Happiness Capital's cheques? The median round it joins is $15M. ### Is Happiness Capital investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does Happiness Capital invest alongside? Most often Ascension (2 rounds together), BoxGroup (2 rounds together) and Extantia Capital (2 rounds together). ### What kind of investor is Happiness Capital? Happiness Capital is a VC firm based in Hong Kong SAR China. ### Does Happiness Capital take cold pitches? Yes: its own website says it reads unsolicited pitches. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=happiness-capital-certified-b-corp) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=happiness-capital-certified-b-corp)