Future Capital Discovery Fund
Future Capital Discovery Fund is an early-stage venture capital firm based in Beijing, with additional offices in Shanghai and Hong Kong. Founded in 2014 by Mingming Huang, the firm manages approximately US$1 billion in assets and is recognized for its focus on China's enterprise technology sector. The firm primarily invests in enterprise technology, including enterprise software, SaaS, and cloud-native solutions, while also exploring innovative technology-driven consumer ventures. Future Capital employs a thematic research approach to identify trends and opportunities, investing in seed, ear
Investing activity
Future Capital Discovery Fund appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed. The most recent is Yueqian Innovation (Seed, Oct 2026).
Future Capital Discovery Fund most often invests alongside Chuxin Capital and XinCi Superconducting, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Future Capital Discovery Fund
What AI companies has Future Capital Discovery Fund invested in?
Future Capital Discovery Fund's AI investments include Yueqian Innovation. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Future Capital Discovery Fund based?
Future Capital Discovery Fund is based in Beijing Shi, China.
What stage does Future Capital Discovery Fund invest at?
In the rounds tracked on AI Lounge, Future Capital Discovery Fund has invested at Seed.
Who does Future Capital Discovery Fund co-invest with?
Future Capital Discovery Fund's most frequent co-investors on AI Lounge are Chuxin Capital (1 deal) and XinCi Superconducting (1 deal).
How can founders reach Future Capital Discovery Fund?
Founders on AI Lounge can see Future Capital Discovery Fund's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Future Capital Discovery Fund to their Investor Pipeline to track the conversation.