Joy Capital

Venture Capital

Invests in startups at both early and growth stages, focused on TMT and innovative consumption sectors in China.

Beijing, China · 15+ investments · 9 portfolio companies

Early Stage
Growth
Late Stage
E-Commerce
Media
TMT
Headquarters
Beijing, China
Founded
2015
AUM
$1.4B
Portfolio Companies
9
Total Investments
15
Last Investment
Mar 2026
Geographic Focus
China

Investment Thesis

We invest in early ventures across various industries.

Joy Capital is a Venture Capital firm based in Beijing, China. It has made 15 investments, including Luckin Coffee, Lumi United Technology and Healthy.io. Focus areas include E-Commerce and Media.

Portfolio9

Co-investors24

Sign up to view co-investors

24 co-investors across 33 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×18 · Sovereign Wealth Fund ×2 · Bank ×1 · 30 shared rounds

Investment History

Sign up to view investment history

Create a free account with 25 free credits every month, no card needed, to unlock deal history, amounts, and round details.

Your firm? Embed this profile

Add the live badge to your site — it stays current as your portfolio data updates.

Joy Capital on Indexed.vc
<a href="https://indexed.vc/investors/joy-capital"><img src="https://indexed.vc/api/badge/investor/joy-capital" alt="Joy Capital on Indexed.vc" width="260" height="76" /></a>