Happiness Capital
Venture capitalHong Kong · Seed–Growth · 6 people tracked
Investment thesis
Happiness Capital believes happiness is fundamental to humanity's future and should guide venture investment decisions. The firm backs startups and funds pursuing innovation in environment, food, health, and trust sectors. Its portfolio spans sustainable textiles, plant-based and cultivated food technologies, circular economy solutions, and space safety initiatives, all designed to contribute to a happier, more sustainable future.
Source: firm website, verified Jul 21, 2026.
Team · 6 people
from the firm's websiteManaging Director at Happiness Capital responsible for overseeing the firm's investments and portfolio management. He previously served as an Investment Director at Alphabet, a Beijing-based private equity firm with over US$1.4 billion in AUM, where he managed venture capital fund investments. Mark has held senior investment and corporate finance roles at major conglomerates and multinational companies, and began his career in audit and business advisory at PwC.
Managing Director at Happiness Capital with over two decades of venture capital and corporate management experience. He previously served as Managing Partner of DG Ventures, the venture arm of TSE-listed Digital Garage, investing across early-to-mid stage companies in food, healthcare, consumer, and enterprise sectors. Terrence also founded Nippon Renewable Energy, which built 18 utility-scale solar plants, and has worked in private equity and investment banking roles in New York and Asia.
Vice President of Investment at Happiness Capital focusing on European portfolio companies. Before joining, Josh was an entrepreneur at fintech company Calastone (subsequently acquired by Carlyle) and later led global partnerships and product development at UK payments company TrueLayer. He studied Human, Social, and Political Sciences at Cambridge University.
Founder of Happiness Capital who previously co-founded AGENDA, the largest independent digital marketing agency in Asia, which was acquired by WPP in 2008. He held the role of Chief Client Officer at WPP's Wunderman Asia Pacific division. Earlier in his career, Eric co-founded an AI cancer diagnostic startup and worked as an AI research scientist and university lecturer in the UK before joining Cap Gemini as Director of e-Business.
Investments · 6 tracked
founders shown can be your intro pathCreating animal-free dairy products through innovation.
Producing ultrarealistic meat without animal involvement.
Revolutionizing textiles with nature-inspired innovation.
Using plant biotechnology to revolutionize food production.
Transforming textile waste into a circular future.
Frequently asked questions
- What stage does Happiness Capital invest at?
- Happiness Capital invests at the Seed, Growth stages.
- What sectors does Happiness Capital focus on?
- Happiness Capital focuses on Climate Tech, FoodTech, Healthtech, Impact & Social Good, Sector Agnostic.
- Where is Happiness Capital located?
- Happiness Capital is headquartered in Hong Kong, HK.
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