F&G Venture

Established in September 2012 by the former rotating CEO of Huawei and partner of Fidelity Asia, F&G Venture is a venture capital fund focusing on companies with exponential growth in IT industries, like IT infrastructure, cloud computing, internet of things, SaaS, big data, microchip, and semi-conductor etc. F&G Venture also targets high-end manufacturing businesses, including modules, intelligence devices and equipment, robots, and drones.

Steve Hong

Managing Partner and Co-Founder

Yu Qian

Co-Founder and Managing Partner

Past deals in Internet of Things

i-KINGTEC

Series C in 2022
i-Kingtec is an artificial intelligence enterprise that specializes in developing intelligent industrial drones and unmanned aerial vehicle (UAV) systems. The company focuses on mining data at ultra-low altitudes and on the ground, offering solutions that include 4D real-life mapping, security inspections, and construction site supervision. Its self-developed products, such as the "killer whale drone" and "tiger automatic airport," are designed to support various industries with big-data analytics, enabling applications in urban modeling, surveillance, oil and gas drilling, and logistics. Additionally, i-Kingtec provides an IoT cloud platform that integrates machines, networks, and data resources, enhancing operational efficiency and analytical capabilities for its users.

TaiXin Semiconductor

Series B in 2022
TaiXin Semiconductor is a high-tech enterprise focusing on chip design in the AIoT field.

i-KINGTEC

Series B in 2021
i-Kingtec is an artificial intelligence enterprise that specializes in developing intelligent industrial drones and unmanned aerial vehicle (UAV) systems. The company focuses on mining data at ultra-low altitudes and on the ground, offering solutions that include 4D real-life mapping, security inspections, and construction site supervision. Its self-developed products, such as the "killer whale drone" and "tiger automatic airport," are designed to support various industries with big-data analytics, enabling applications in urban modeling, surveillance, oil and gas drilling, and logistics. Additionally, i-Kingtec provides an IoT cloud platform that integrates machines, networks, and data resources, enhancing operational efficiency and analytical capabilities for its users.

Hangshun Chip

Series D in 2021
Hangshun Chip is a Shenzhen-based manufacturer founded in 2013, specializing in the development of automotive system-on-chip (SoC) solutions and high-end microcontrollers (MCUs). The company employs a dual strategy to enhance the Internet of Everything, focusing on creating smarter technologies for various applications. Its products serve multiple industries, including automotive, medical, industrial, consumer electronics, and smart home technologies. In addition to its headquarters, Hangshun Chip has established branches and offices in Chengdu and Shanghai to support its operations and expand its market reach.

JAKA

Series A in 2018
JAKA is a collaborative robot development company established in 2014, dedicated to the research, development, and production of advanced robots tailored for smart factories. The company specializes in creating collaborative robots, or cobots, that are utilized in various production lines across multiple industries, including automotive, electronics, and semiconductors. JAKA also engages in robot system integration, providing automated production lines and integrated equipment. Its products find applications in diverse sectors such as auto parts manufacturing, precision processing, and new energy, as well as in commercial, medical, and educational services. The company's mission, encapsulated in the phrase "Free Your Hands By JAKA," emphasizes innovation and the facilitation of enterprises transitioning into the Industry 4.0 era.
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