Oriental Fortune Capital

Shenzhen Oriental Fortune Capital Co Ltd. is a venture capital firm established in 2006 and headquartered in Shenzhen, China, with additional offices in Shanghai, Beijing, and Wuhu. The firm specializes in investments across various stages, including early venture, mid venture, late venture, and Pre-IPO, focusing on sectors such as telecommunications, media, technology, healthcare, green technology, energy, advanced manufacturing, consumer goods, and entertainment. Oriental Fortune Capital aims to strategically invest in regions within China, particularly in the Pearl River Delta, Yangtze River Delta, and Circum-Bohai-Sea areas, targeting cities like Shenzhen, Shanghai, and Beijing. The firm's investment strategy typically allocates 20% of its portfolio to early-stage ventures, 40% to expansion-stage companies, and 40% to Pre-IPO opportunities.

Wei Chen

Founding Partner

Xiaoming Kuang

Partner and Research Division General Manager

Tang Ruide

Partner

Wang Peijun

Partner

Yang Guandong

Deputy Investment Director

Joe Zhou

Managing Partner and Investment Director

Past deals in Internet of Things

Qianxun Intelligence

Seed Round in 2025
Qianxun Intelligence is an intelligent technology developer that offers software development, intelligent robot research and development, AI hardware sales, AI application software development, information system integration services, and Internet sales.

Blue Wave

Seed Round in 2023
Blue Wave is a producer of Industrial IoT and Internet of Vehicles chips.

Corelink

Series B in 2023
Corelink is a technology company that specialises in digital-analog mixed signal chain chip creation. They provide chip design, industrial automation, and internet of things solutions. They also provide high-precision data converters (AD/DA), voltage reference sources, clock generators, clock buffers, and other items.

EPiCMEMS

Venture Round in 2022
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.

Zling Smart

Venture Round in 2022
Zling Smart specializes in intelligent network connectivity, artificial intelligence, and mobile Internet technology for smart cars and railways. It operates an OS for these industries, offering professional technical support and development services to enable rapid creation of high-quality automotive electronics.

Micronano Core

Series A in 2022
Micro-nano core is committed to the development and production of the world's leading intelligent IoT AIoT SoC serialized chips, through the world's leading four core technologies: ultra-low-power chip architecture technology (to solve the problem of system standby power consumption), ultra-low power consumption Power consumption closed-loop adaptive near-threshold circuit technology (to solve the problem of chip running power consumption), ultra-low power consumption and high-precision sensor acquisition technology (to solve the problem of high precision and low power consumption of sensor signal acquisition) and high-efficiency embedded AI engine technology (solving the computing power and energy efficiency of embedded AI), creating a general/platform technology system for IoT chips and AIoT serialized chips, enabling IoT products, and significantly improving the low power consumption, low power consumption, and low power consumption of future IoT products High-precision detection and edge AI inference performance.

HOOSUN

Post in 2022
HOOSUN specializes in developing and manufacturing smart factory solutions and high-end intelligent equipment for various industries, including fine chemicals, lithium battery materials, food, and pharmaceuticals. The company focuses on integrating traditional industrial automation with IoT technology to help customers build advanced factories. HOOSUN has expertise in the dispersion and grinding of nanomaterials below 50 nanometers using physical methods, enabling efficient, high-purity, and cost-effective processing of nanomaterials for clients.

Tpson

Series C in 2022
Tpson specializes in AI technology for security systems. It offers solutions combining AI and IoT to enhance security management efficiency and ensure safe infrastructure.

EPiCMEMS

Series A in 2022
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.

Meikai Information Technology

Series A in 2021
Everykai Technology is a high-tech company specializing in the development and application of non-electric Internet of Things related technologies, and with digital "switches" as the core of the Internet of Things platform and big data services. The company has received investment from a number of top domestic venture capital institutions. . Through the self-built "ANIOT" cloud platform, with the existing Bluetooth and WIFI active wireless communication technology, the first passive NFC communication module in the world was launched, and it was successfully applied to various types of smart locks, smart packaging, and smart Labels, smart measurement and smart charging are closely related to people's various IoT fields.

Siwei Zongheng

Series A in 2021
Siwei Zongheng is a hyper-converged time-series database that can realize real-time data query, analysis and systems in various scenarios. Scenarios can include smart connected cars, smart energy, smart manufacturing, smart transportation, telecommunications, and finance.

Zhihe Technology

Series A in 2021
Nanjing Zhihe Electronic Technology Co., Ltd. is an engineering machinery leasing service provider based in Nanjing, China. The company operates a one-stop platform that offers a range of machinery for various applications, including earthmoving, road construction, concrete work, pile driving, and mining. In addition to its leasing services, Zhihe Technology leverages Internet of Things (IoT) technology to enhance construction efficiency by integrating machinery management with the broader IoT ecosystem. This focus on innovation positions the company to meet the evolving needs of the construction industry.

EMQ Technologies

Series B in 2020
EMQ is an open-source IoT data infrastructure software provider, delivering the world's leading cloud-native MQTT-based IoT messaging platform and streaming database, providing a one-stop cloud-native solution for real-time IoT data connection, movement, processing and analytics, from edge to cloud to multi-cloud. As a global organization, EMQ located its R&D center in Stockholm, Sweden, and has 10+ offices throughout the Americas, Europe, and the Asia-Pacific region. The flagship product EMQX is adopted by more than 20,000 enterprise users from over 50 countries, connecting more than 100 million IoT devices worldwide. Trusted by over 300 customers in business-critical production environment, EMQ powers the future-proof IoT solutions and enterprise digital transformation.

MoreSec

Series B in 2019
Hangzhou MoreSec Technology Co., Ltd. is a company based in Hangzhou, China, specializing in internet security software. It focuses on integrating threat intelligence and artificial intelligence technologies into enterprise security systems. MoreSec aims to provide comprehensive security solutions tailored for the cloud computing and Internet of Things (IoT) environments, addressing the evolving needs of businesses in safeguarding their digital assets.

ChipIntelli

Series C in 2019
ChipIntelli is a pioneering company specializing in artificial intelligence speech chips for the Internet of Things (IoT). It offers semiconductor solutions featuring automatic speech recognition based on Deep Neural Network technology. These chips enable local processing of speech data, enhancing user privacy while facilitating intuitive human-computer interactions through standardized solution modules. With years of development and innovation, ChipIntelli has become a market leader, powering thousands of product projects in collaboration with hundreds of partners.

Hysiry

Series A in 2019
Hysiry Technology is a technology-driven enterprise that specializes in the design, research and development, and production of intelligent hardware products. The company offers a range of services, including original design manufacturing (ODM) and original equipment manufacturing (OEM), focusing on smart home appliances such as smart switch sockets, smart lighting, and various sensors. Hysiry Technology also provides intelligent control board solutions to assist developers in creating smart hardware products efficiently. By leveraging its expertise, the company enables businesses with limited research and development capabilities to accelerate their product development while significantly reducing costs. Hysiry's service model can decrease overall expenses by over 15% compared to traditional self-development methods and can shorten the product development cycle by 1 to 2 months for less demanding channels.

MoreSec

Series A in 2019
Hangzhou MoreSec Technology Co., Ltd. is a company based in Hangzhou, China, specializing in internet security software. It focuses on integrating threat intelligence and artificial intelligence technologies into enterprise security systems. MoreSec aims to provide comprehensive security solutions tailored for the cloud computing and Internet of Things (IoT) environments, addressing the evolving needs of businesses in safeguarding their digital assets.

Tuya

Series B in 2017
Tuya is a global developer platform specializing in artificial intelligence and the Internet of Things (IoT). It connects consumers, manufacturers, OEMs, and retail chains, providing a comprehensive solution that includes hardware access, cloud services, and app development. This ecosystem enables businesses to enhance their consumer IoT smart devices and meet increasing consumer demands. As of late 2018, Tuya had served 93,000 customers and connected over 100 million smart products globally, with a product catalog exceeding 30,000 listings across nearly 200 countries. The company operates a distributed IoT cloud platform that processes nearly 50 billion device requests daily and facilitates over 20 million voice AI interactions each day, accumulating a data volume of 15 petabytes. Tuya's offerings include platform-as-a-service and software-as-a-service options, fostering a vibrant IoT ecosystem that encourages collaboration among brands, OEMs, partners, and end users.

Raybaca

Series A in 2016
Raybaca provides animal labeling, smart breeding, traceability management, biological asset supervision, and ruibaichuang IOT technology services. They also offer informatization, intelligence, and digital solutions.

Ingeek

Angel Round in 2008
Shanghai InGeek Cyber Security Co., Ltd., founded in 2002 and headquartered in Shanghai, China, specializes in providing comprehensive services in information, network, and system security. As a subsidiary of Shanghai Yinji Information Technology Co., Ltd., InGeek focuses on promoting Internet of Things security and delivering industry-specific solutions for the communications, financial, and automotive sectors. The company offers a range of services including consulting, implementation, operation, maintenance, and software development, aimed at enhancing network information security. InGeek is committed to advancing the safety and practicality of smart, connected vehicles, thereby contributing to a more secure digital landscape.
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