DFJ DragonFund
Venture capitalShanghai · Seed–Late Stage
Also known as DFJ DRAGONFUND LTD.
Find your way into DFJ DragonFund
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 Sep 15, 2026.
What they invest in
from 12 of 30 portfolio companiesAI & Machine Learning ×6Biotech ×3Healthtech ×3IoT ×3Data & Infrastructure ×2Fintech ×2Future of Work ×2Hardware ×2
HQs:China×5United States×5
Investments · 30 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
Dr. John Balian(CEO)
Co-investorsDraper AssociatesDraper DragonApricot CapitalLegend CapitalLilly Asia VenturesSherpa Healthcare Partners
CloudMedx uses machine learning, natural language understanding, and healthcare-specific fine-tuned LLMs to analyze healthcare data and generate clinical, operational, and financial insights.
AI & Machine LearningDigital HealthHealthtechPalo Alto, US
Tashfeen Suleman(Executive Officer)Sahar Arshad(Director)
Co-investorsFundersClubShangBay Capital LLC
ImpriMedicine provides live-cell-based predictive analytics to identify effective drugs for treating blood cancers in dogs and cats, offering patient-specific drug response predictions.
AI & Machine LearningBiotechHealthtech
Co-investorsBlue Bear VenturesDraper AssociatesHan River PartnersSazze
Otter.ai is an AI-powered meeting assistant that records, transcribes, and summarizes conversations in real time across multiple languages, automatically capturing decisions and action items.
AI & Machine LearningFuture of WorkSaaSMountain View, US
Sam Liang(Founder & CEO)inEli M(Founder)
Co-investors500 GlobalDraper DragonDuke Capital PartnersFoothill VenturesFusionGeodesic Capital+9 more
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
Mark Lee(Founder)inRobert Ha(Founder)in
Co-investorsDraper DragonPointguard VenturesSapphire VenturesStorm VenturesNew Enterprise Associates (NEA)
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
Mark A. Hallen(Executive Officer, Director)inMarcel Frenkel(Executive Officer, Director)Damien Petty(Director)inJia Wei Xu(Director)
Co-investorsCape Fear BioCapitalDraper AssociatesDuke Capital PartnersHatteras Venture PartnersAlexandriaHatteras+2 more
UNest offers custodial investment accounts that let families save and invest for their children, with tax-advantaged contributions starting at $25 a month and a choice of eight investment options.
ConsumerFintechNorth Hollywood, US
Ksenia Yudina(Executive Officer, Director, Promoter)inKsenia Yudina, CFA(Founder)inFrank Mastrangelo(Director)inMike Van Kempen(Director)Garrett Gilbertson(Director)
Co-investors500 GlobalBand of AngelsDraper DragonExpert DOJOPasadena AngelsThe Artemis Fund+2 more
Donson is a Chinese marketing technology company that provides AI-driven marketing products and services to enterprises globally, leveraging media traffic, scenario tokens, and marketing data infrastructure.
AdTechAI & Machine LearningData & InfrastructureMarketing TechChina, CN
DFJ DragonFund (德丰杰龙脉) is a venture capital firm that invests in technology companies across sectors including clinical research, remote access software, electric vehicle powertrains, medical technology, and IoT semiconductors.
Sector Agnostic
A financial service platform that aggregates interbank market quotations and provides semantic analysis of pricing data for institutional banking operations in China.
AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechShanghai, CN
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
Digital TV demodulator chips and SoC solutions
Co-investorsDraper AssociatesDraper DragonWestSummit CapitalDFJ
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
EDDAVital Therapies互动百科 中文百科网站亚洲创新集团北京快网医达健康康程医管怡力信息昆翎医药易宝支付望海康信海泰新光深迪半导体聚力传媒鹏锋诚 基于OKN(视动性眼震Optokinetic nystagmus)诱导法自主研发全新一代自动化视力检测仪
Portfolio news
latest coverage across their companiesotter ai · intellectia.ai · Jul 15, 2026
ClinChoice · trial.medpath.com · Jun 26, 2026
高拓讯达 · umatechnology.org · May 24, 2026
Splashtop · splashtop.com · Oct 18, 2025
Frequently asked questions
- How many investments has DFJ DragonFund made?
- DFJ DragonFund has 30 tracked investments.
- 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.
- Who does DFJ DragonFund co-invest with?
- DFJ DragonFund most often shares deals with Draper Associates, Draper Dragon, 500 Global, among 31 tracked co-investors.
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