DFJ DragonFund
Venture capitalShanghai · Seed–Late Stage
Also known as DFJ DRAGONFUND LTD.
Investment thesis
DFJ DragonFund invests in high-technology and healthcare companies with a cross-border US-China focus. Its team emphasizes sectors including semiconductors, hardware and software, artificial intelligence, fintech, IoT, blockchain/digital assets, medical devices, innovative drugs and biotech, and healthcare services. The firm positions its experienced investment management team as its principal asset, providing portfolio companies with comprehensive support across operations, follow-on financing and management.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 10 of 33 portfolio companiesAI & Machine Learning ×5Biotech ×3IoT ×3Future of Work ×2Hardware ×2Healthtech ×2SaaS ×2Semiconductors ×2
HQs:China×5United States×3
Investments · 33 tracked
founders shown can be your intro pathClinChoice operates a network of investigator sites that participate in clinical studies to support drug and device development.
BiotechHealthtechMedical DevicesPhiladelphia, US
Medical technology company backed by DFJ DragonFund among other investors.
Remote access and remote support software company; DFJ DragonFund participated in a $50M unicorn-level financing round.
Splashtop provides remote access, remote support, and endpoint management software that lets individuals, IT teams, and MSPs securely access and manage computers and mobile devices from any device.
CybersecurityFuture of WorkSaaS
Ten63 develops drug-discovery technology that combines generative chemistry with quantum-accurate molecular simulation, including BEYOND (a large quantum chemistry model) and Sentinel (a virtual CSO for target selection), to design therapeutics against previously undruggable targets.
AI & Machine LearningBiotechDeep TechDurham, US
Marcel Frenkel(Executive Officer, Director)Mark A. Hallen(Executive Officer, Director)Damien Petty(Director)Jia Wei Xu(Director)
Donson (东信时代) is a Chinese marketing technology company that builds AI-driven marketing products including a video generation platform, ad placement management tools, marketing analytics, and data aggregation platforms, underpinned by self-developed algorithm models, big-data lakehouse, and a cloud-native platform.
AdTechAI & Machine LearningMarketing Tech
InnoDealing provides a platform covering China's RMB money market, bond market, and interbank asset market, offering trading quotes, a bond-issuer fundamentals database, aggregated credit ratings and research, and AI-driven bond market news risk and sentiment analysis.
AI & Machine LearningData & InfrastructureFintech
Nanosic designs low-power SoC chips and audio MCU/DSP/SoC and 2.4G/BLE RF-SoC integrated circuits, along with core algorithms, wireless protocols, middleware and end-to-cloud solutions for advanced human-machine interaction, intelligent audio processing and IoT devices.
HardwareIoTSemiconductorsHangzhou, CN
Electric drivetrain and motor company supplying EV/hydrogen buses and trucks.
Shandong Wangcong Information Technology develops the CEMS cloud energy management (EMS) platform and smart grid products for new-energy power stations, energy storage, and virtual power plants, providing device data collection, control optimization, and cloud-based operations and maintenance.
CleantechEnergyIoT
Epticore (艾普柯) designs and manufactures chip-level optoelectronic sensors, including proximity/distance light sensors, heart-rate sensors, color-temperature sensors, and single-point and array ToF sensors, along with related algorithms.
HardwareIoTSemiconductorsWuxi, CN
IoT chip maker; launched the ATBM6433, a Wi-Fi + Bluetooth BLE IoT chip for smart home and industrial applications.
Digital TV demodulator chips and SoC solutions
Frequently asked questions
- What stage does DFJ DragonFund invest at?
- DFJ DragonFund invests at the Seed, Late Stage stages.
- What sectors does DFJ DragonFund focus on?
- DFJ DragonFund focuses on Deep Tech, Enterprise Software, IoT, Medical Devices, Mobility & Transportation, Semiconductors.
- Where is DFJ DragonFund located?
- DFJ DragonFund is headquartered in Shanghai, CN.
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