FutureCap

FutureCap is an early-stage venture capital firm based in Beijing, China, founded in 2014. The firm focuses on investing in internet companies across various sectors, including customer services, enterprise services, hardware, healthcare, and education. By targeting early-stage investments, FutureCap aims to support and nurture innovative businesses in the rapidly evolving Chinese market.

Mingming Huang

Founding Partner

Jiao Teng

Partner

Past deals in Beijing

LibLib AI

Seed Round in 2025
LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.

LibLib AI

Seed Round in 2024
LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd.

Li Auto

Series C in 2019
Li Auto Inc. is a prominent Chinese manufacturer of smart electric vehicles, specializing in the design, development, production, and sale of premium electric sport utility vehicles (SUVs). Established in 2015 and headquartered in Beijing, the company launched its first model, the Li ONE, in November 2019. This six-seat electric SUV features a range extension system and advanced smart vehicle solutions, catering to consumers seeking longer travel capabilities. In 2023, Li Auto sold over 376,000 new energy vehicles, capturing approximately 4% of China's passenger new energy vehicle market. The company continues to expand its product offerings, including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), in order to reach a wider audience and meet diverse consumer needs.

Megarobo

Series A in 2019
Megarobo is an AI and robotics company established in 2016 and headquartered in Beijing, China. It specializes in developing collaborative robots and advanced automation solutions tailored for life sciences, clinical diagnosis, and applied chemistry. By focusing on integrating robotics and artificial intelligence into industry applications, Megarobo aims to enhance research efficiency for life science companies and scientific research institutions. The company is dedicated to providing flexible and practical automation products that streamline laboratory services, ultimately driving innovation in the field of scientific research.

Li Auto

Series C in 2019
Li Auto Inc. is a prominent Chinese manufacturer of smart electric vehicles, specializing in the design, development, production, and sale of premium electric sport utility vehicles (SUVs). Established in 2015 and headquartered in Beijing, the company launched its first model, the Li ONE, in November 2019. This six-seat electric SUV features a range extension system and advanced smart vehicle solutions, catering to consumers seeking longer travel capabilities. In 2023, Li Auto sold over 376,000 new energy vehicles, capturing approximately 4% of China's passenger new energy vehicle market. The company continues to expand its product offerings, including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs), in order to reach a wider audience and meet diverse consumer needs.

Perception Technology

Venture Round in 2019
Perception Technology is a high-tech enterprise based in Beijing, China, founded in 2016. The company specializes in the research and development of fiber optic sensors designed for various applications, including urban safety monitoring, natural disaster forecasting, and energy and transportation sectors. Its product offerings include specialty optic fibers and optic-based tactile sensors, which are enhanced by AI data analysis software. Perception Technology's innovative solutions aim to improve safety in urban environments and railway transit, as well as contribute to advancements in 5G technology.

Casibrain Technology

Seed Round in 2018
Casibrain Technology is a Beijing-based company that specializes in the manufacturing and marketing of medical monitoring equipment. Founded in 2017, it offers innovative products such as a cerebral blood oxygen monitoring system and a wearable wireless headband designed to detect and monitor real-time cerebral oxygen saturation. In addition to its product line, Casibrain Technology engages in research and development activities, as well as providing sales services to support healthcare providers in enhancing patient care. The company aims to improve patient outcomes through its advanced monitoring solutions.

Xingkeduo

Series B in 2018
Xingkeduo is a modern hair salon brand based in Beijing, China, founded in 2015. The company operates nearly 100 locations, employing over 320 hairdressers. It leverages technology, including Internet tools and big data systems, to enhance the haircut experience, focusing on efficiency and customer convenience. With a franchise model, Xingkeduo targets quick services, such as 15-minute haircuts, allowing clients to easily book and pay for appointments through WeChat. The company's commitment to data management and standardized operations aims to improve service delivery while fostering a better working environment for its craftsmen.

Yihang.ai

Series B in 2018
Yihang.ai is a company that specializes in the development of autonomous driving systems. Founded in 2015 and headquartered in Beijing, the company focuses on providing comprehensive auto-driving solutions characterized by high reliability, quality, and cost-effectiveness. Yihang.ai's flagship product, AutoPilot, leverages advanced algorithms, machine learning, and artificial intelligence technologies to enhance automotive control systems, thereby reducing the burden on drivers and improving safety. The company has successfully commercialized its autopilot functions for specific production models and is engaged in cutting-edge research related to Level 4 deep learning technology. Yihang.ai's team consists of experts in artificial intelligence, sensing, decision-making, control, and fault diagnosis, drawn from major automotive manufacturers, Tier 1 suppliers, and prestigious academic institutions worldwide, including Berkeley and Cambridge.

Mico

Funding Round in 2018
MICO is a technology company that specializes in creating a cellular social community, offering a safe and enjoyable platform for users to engage in various forms of communication. Founded on May 30, 2014, by Chunjian Ye, Jia Wei, and Qinglai Zhang in Haidian, Beijing, MICO provides services such as text messaging, voice chat, and video chat, catering to a global audience. The company's focus is on enhancing the social chat experience, ensuring it is both user-friendly and secure.

Megarobo

Series A in 2018
Megarobo is an AI and robotics company established in 2016 and headquartered in Beijing, China. It specializes in developing collaborative robots and advanced automation solutions tailored for life sciences, clinical diagnosis, and applied chemistry. By focusing on integrating robotics and artificial intelligence into industry applications, Megarobo aims to enhance research efficiency for life science companies and scientific research institutions. The company is dedicated to providing flexible and practical automation products that streamline laboratory services, ultimately driving innovation in the field of scientific research.

Mico

Series B in 2017
MICO is a technology company that specializes in creating a cellular social community, offering a safe and enjoyable platform for users to engage in various forms of communication. Founded on May 30, 2014, by Chunjian Ye, Jia Wei, and Qinglai Zhang in Haidian, Beijing, MICO provides services such as text messaging, voice chat, and video chat, catering to a global audience. The company's focus is on enhancing the social chat experience, ensuring it is both user-friendly and secure.

PingCAP

Series B in 2017
PingCAP, Inc., founded in 2015 and based in Beijing, China, specializes in developing TiDB, an open-source distributed Hybrid Transactional/Analytical Processing (HTAP) database. TiDB serves as a comprehensive solution for online transactions and analytical processing, offering features such as strong consistency, high availability, and infinite horizontal scalability. The database is designed for cloud-native environments and maintains compatibility with MySQL, making it suitable for a wide range of applications. PingCAP's focus on providing robust database management solutions positions it as a key player in the NewSQL market, addressing the needs of both online transactional processing (OLTP) and online analytical processing (OLAP).

Magic Data

Seed Round in 2017
Magic Data, established in 2016, is a prominent artificial intelligence and big data service provider based in Beijing. The company specializes in advanced data processing services, focusing particularly on natural language understanding and speech recognition algorithms. Magic Data offers a comprehensive suite of services that includes data acquisition, production, design, and analysis, enabling clients to annotate, clean, and analyze raw input data effectively. By leveraging its leading-edge technology and expertise in intelligent speech, Magic Data aims to support clients in making informed, data-driven decisions with greater efficiency. The company is dedicated to becoming a top-tier provider in the artificial intelligence sector.

Xingkeduo

Series A in 2015
Xingkeduo is a modern hair salon brand based in Beijing, China, founded in 2015. The company operates nearly 100 locations, employing over 320 hairdressers. It leverages technology, including Internet tools and big data systems, to enhance the haircut experience, focusing on efficiency and customer convenience. With a franchise model, Xingkeduo targets quick services, such as 15-minute haircuts, allowing clients to easily book and pay for appointments through WeChat. The company's commitment to data management and standardized operations aims to improve service delivery while fostering a better working environment for its craftsmen.

Xingkeduo

Seed Round in 2015
Xingkeduo is a modern hair salon brand based in Beijing, China, founded in 2015. The company operates nearly 100 locations, employing over 320 hairdressers. It leverages technology, including Internet tools and big data systems, to enhance the haircut experience, focusing on efficiency and customer convenience. With a franchise model, Xingkeduo targets quick services, such as 15-minute haircuts, allowing clients to easily book and pay for appointments through WeChat. The company's commitment to data management and standardized operations aims to improve service delivery while fostering a better working environment for its craftsmen.

Guazi Car Rental

Series B in 2014
Guazi Car Rental is a Beijing-based P2P (peer to peer) car sharing platform. The platform allows private car owners to rent their vehicles to customers, in a model similar to the home sharing services provided by Airbnb.com. START was rebranded as Guazi Car Rental. Guazi Car Rental is operated in China.
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