China · Investor

Joy Capital

No cheque observed since Nov 2019, after 7 earlier cheques, and the website is dead.

DormantNew fund $155M, Jun 2023VC firm

SeedSeries ASeries BDigital MediaMobileVenture Capital & Private Equity

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque2527days00hrs00min00sec
Median round$65MRounds led0 of 7Sole investor1 roundsMostly inChina, 86%
Pitch Joy Capital

Joy Capital highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Series C and Angel: 60% of its rounds

  3. 03

    Sole investor in 1 rounds, median $110M

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
Digital MediaMobileVenture Capital & Private Equity
Based in
Changyang, China
Cold pitches
Not stated

The record

Every round we can evidence, newest first7 appearances

  1. 2019

    2 rounds

  2. Nov
    Newlinks TechnologyCN · 36Kr$110MSole investor
  3. Sept
    Healthy.ioSeries C · IL · FinSMEs$60MWith 4 others
  4. 2018

    2 rounds

  5. Dec
    Luckin CoffeeSeries B · CN · TechCrunch$200MWith 3 others
  6. Aug
    Nice TuanAngel · CN · China Money Network$15MWith 3 others
  7. 2016

    1 round

  8. Nov
    XiaozhuCN · DealStreetAsia$65MWith 2 others
  9. 2015

    2 rounds

  10. Sept
    NextEVVenture · CN$500MWith 3 others
  11. Aug
    TuhuSeries C · CN$100MWith 4 others

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.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration3 named

ELErhai LiuDirector of the General Partner of the General Partner.iFiling they signed
LLLeenong LiDirector of the General Partner of the General PartneriFiling they signed
LLLin LinCFOiForm ADV

We also hold 7 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$1.7Bgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
JOY Capital Management, LTD.
SEC number
CRD 277061

Who they invest alongside

The investors most often in the same rounds as Joy Capital. A count of rooms they were both in, not a relationship either has claimed.

Qiming Venture PartnersVC firm2rounds together

Recently backed

The latest companies Joy Capital put money into.

Luckin Coffee$200M · Dec 2018

Quick answers about Joy Capital

What does Joy Capital invest in?

Joy Capital invests most often at Series C and Angel (60% of the rounds on record), in sectors such as Digital Media, Mobile and Venture Capital & Private Equity.

How active is Joy Capital?

7 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2019.

What has Joy Capital invested in recently?

Its most recent investments on record: Newlinks Technology (Undisclosed round, Nov 2019), Healthy.io (Series C, Sept 2019) and Luckin Coffee (Series B, Dec 2018).

How big are Joy Capital's cheques?

The median round it joins is $65M.

Does Joy Capital lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

Where does Joy Capital invest?

Most of the companies it backs are in China (86%) and Israel (14%).

Is Joy Capital investing now?

It looks quiet: no investment on record since Nov 2019.

Who does Joy Capital invest alongside?

Most often Qiming Venture Partners (2 rounds together).

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 · Report a correction · Is this your firm? Claim it