# Elune Capital

> Elune Capital is a VC fund backing Gaming, Retail and Internet. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 2
- Last investment: Apr 2025
- Lead investor: 0%
- Last updated: Aug 2026

Elune Capital is an investment firm.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Gaming | 1 | 50% |
| Retail | 1 | 50% |
| Internet | 1 | 50% |
| E-Commerce | 1 | 50% |
| Consumer Goods | 1 | 50% |

6 industries tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 1 | 50% |
| United States | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Upexi | Upexi is a multi-faceted brand owner that focuses on direct-to-consumer and Amazon brands. The company pursues organic growth for its present brands while operating in sectors with high growth trends. The objective of Upexi is to keep gathering consumer information and develop a sizable client database across all markets we serve. | $100M | Post-IPO Equity | Apr 21, 2025 |  |
| The9 | The9 is an online game developer and operator in China offering games for the web, social media, TV, and mobile platforms. | $8M | Post-IPO Equity | Mar 31, 2025 |  |

2 of 2 investments shown.

## Co-investors
- [Anagram](https://shizune.co/investors/profile/anagram-43bc) — VC Fund, 1 deal together
- [Big Brain Holdings](https://shizune.co/investors/profile/big-brain-holdings) — VC Fund, 1 deal together
- [Delphi Ventures](https://shizune.co/investors/profile/delphi-ventures) — VC Fund, 1 deal together
- [Delta Blockchain Fund](https://shizune.co/investors/profile/delta-blockchain-fund) — VC Fund, 1 deal together
- [FineWill Capital](https://shizune.co/investors/profile/fengwu-capital) — VC Fund, 1 deal together
- [GSR](https://shizune.co/investors/profile/gsr) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [RA Capital Management](https://shizune.co/investors/profile/ra-capital-management) — VC Fund
- [KB Securities](https://shizune.co/investors/profile/kb-securities) — VC Fund
- [Frazier Healthcare Partners](https://shizune.co/investors/profile/frazier-healthcare-ventures) — VC Fund

## FAQ

### What does Elune Capital invest in?

Elune Capital invests primarily in Gaming, Retail and Internet startups, most often at Post-IPO Equity stage. Most of the 2 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Elune Capital last invest?

The most recent investment recorded for Elune Capital closed in Apr 2025. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co