# Fullgoal Fund

> Fullgoal Fund is a VC fund in Shanghai backing E-Commerce, Biotechnology and Manufacturing. See 3 investments, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Shanghai, China
- Total investments: 3
- Last investment: May 2026
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/%E5%AF%8C%E5%9B%BD%E5%9F%BA%E9%87%91%E7%AE%A1%E7%90%86%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8/
- Website: https://www.fullgoal.com.cn/

Fullgoal Fund is a public fund management company.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 1 | 33% |
| Biotechnology | 1 | 33% |
| Manufacturing | 1 | 33% |
| Pharmaceutical | 1 | 33% |
| E-Commerce Platforms | 1 | 33% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 33% |
| Post-IPO Equity | 1 | 33% |
| Venture - Series Unknown | 1 | 33% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TOPNC | TOPNC specializes in CNC technology, precision transmission technology, and advanced process technology. It takes CNC machine tools and major manufacturing equipment widely used in high-end manufacturing fields as its products, and gradually forms a well-known innovation in domestic CNC equipment. |  | Venture - Series Unknown | May 12, 2026 |  |
| Temu | Temu (pronounced TEE’-moo) is an online marketplace that connects consumers with millions of sellers, manufacturers, and brands around the world. Using Temu’s app or website, shoppers can choose from a wide range of products across 29 categories, including electronics, fashion, and home and kitchen. The company’s name comes from the phrase “TeamUp, Price Down,” which refers to Temu’s next-generation manufacturing business model. Temu partners with sellers and brands to help design products and streamline supply chains. Using advanced analytics, the company shares consumer insights directly with manufacturers, so they can adjust product design and procurement strategies to optimize inventory and better respond to consumer demand. Temu guides manufacturers through each step of the production and sales process, from product ideas and design to delivery.Founded in 2022, Temu is headquartered in Boston. Temu has established a global supply chain infrastructure to offer customers around the world fast shipping times, delivering products through partners such as USPS, UPS, and FedEx.Temu's manufacturing partners save on marketing and inventory costs by anticipating consumer preferences and behaviors, and these savings are passed on to consumers in the form of cheaper prices. Temu rewards sellers and brands for offering shoppers the most affordable prices on quality items customized to meet demand. By sharing with manufacturers directly what consumers want, Temu is able to better meet niche consumer needs and reduce the environmental impact of unnecessary inventory. |  | Series A | Jun 24, 2025 |  |
| Dizal Pharma | Dizal Pharmaceutical is a research-based biotechnology company dedicated to the discovery, development, and commercialization of first-in-class/best-in-class medicines. | $246.2M | Post-IPO Equity | Apr 17, 2025 |  |

3 of 3 investments shown.

## Co-investors
- Bosera Asset Management — VC Fund, 1 deal together
- GF Fund Management — VC Fund, 1 deal together
- [Goldman Sachs Asset Management](https://shizune.co/investors/profile/goldman-sachs-asset-management) — VC Fund, 1 deal together
- [Harvest Fund Management](https://shizune.co/investors/profile/harvest-fund-management) — VC Fund, 1 deal together
- Hong Kong Changying Fund — VC Fund, 1 deal together
- Nuode Asset Management — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Fullgoal Fund invest in?

Fullgoal Fund invests primarily in E-Commerce, Biotechnology and Manufacturing startups, most often at Series A and Post-IPO Equity stage. Most of the 3 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Fullgoal Fund last invest?

The most recent investment recorded for Fullgoal Fund closed in May 2026. Shizune tracks 3 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.

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