# Future Capital Discovery Fund

> Future Capital Discovery Fund is a VC fund backing Artificial Intelligence. See 156 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Beijing, China
- Total investments: 156
- Last investment: Jun 2026
- Lead investor: 22%
- Fund size: $187M
- Last fund: Nov 2020
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/future-capital
- Website: http://www.future-cap.com/

Future Capital Discovery Fund is a VC fund in Beijing focused on Artificial Intelligence and Software. FutureCap is an early-stage venture capital firm that invests in internet companies including those in customer services, enterprise services, hardware healthcare, and education industries. The company was founded in 2014 and is based in Beijing, China.

## Contacts

5 contacts available for Future Capital Discovery Fund. Shizune tracks 4 team members at Future Capital Discovery Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/futurecap-e45d?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$15M |
| Angel | $425k–$9.3M |
| Series A | $1M–$28M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 20 | 13% |
| Software | 16 | 10% |
| Robotics | 13 | 8% |
| Information Technology | 12 | 8% |
| Manufacturing | 11 | 7% |

111 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 29 | 19% |
| Angel | 29 | 19% |
| Series A | 27 | 17% |
| Series B | 22 | 14% |
| Series C | 7 | 4% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 83 | 53% |
| United States | 7 | 4% |
| Singapore | 1 | 1% |
| Philippines | 1 | 1% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jiao Teng | Partner | 1 | https://shizune.co/investors/profile/jiao-teng |
| Mingming Huang | Founding Partner | 6 | https://shizune.co/investors/profile/huang-mingming |
| Yingzhe Zeng | Partner | 0 | https://shizune.co/investors/profile/yingzhe-zeng |
| Zhifang Gao | Partner | 0 | https://shizune.co/investors/profile/zhifang-gao |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| LibLib AI | LibLib AI is an AI image generation platform that provides cutting-edge content creation through multi-scenario and multi-dimensional applications and interactions. It is a subsidiary of Beijing Singularity Star Technology Co., Ltd. | $300M | Series B | Jun 18, 2026 |  |
| Guangyu Yuanxin | Guangyu Yuanxin is a semiconductor technology service provider that specializes in offering ultra-high precision display screen services for metaverse HMI devices like AR and VR. | $14.8M | Seed | Jun 01, 2026 |  |
| Liangkun Technology | Liangkun Technology integrates quantum computing, artificial intelligence, and high-performance computing to build a heterogeneous intelligent computing platform for scientific research. The company transforms previously unsolvable major scientific research problems into solvable, fast, and industrializable tasks through physically constrainedprecise computation based on quantum mechanics first principles. It encapsulates cutting-edge research findings into standardized products targeting real-world industry scenarios in semiconductors, new energy, and innovative drugs. The platform delivers order-of-magnitude efficiency improvements in solving major R&D problems while scaling large-scale problems with limited quantum resources. |  | Angel | Jun 01, 2026 |  |
| Volant Aerotech | Volant Aerotech is a company specializing in the R&D, manufacturing, and service of passenger eVTOL, an electric vertical take-off and landing aircraft. | $300M | Series C | Apr 27, 2026 |  |
| North Ocean Photonics | North Ocean Photonics is a Smart Hardware Company. | $58.6M | Series C | Apr 15, 2026 |  |
| Pongbot | Pongbot creates AI-powered table tennis robots that support training, drills, and performance improvement. | $28M | Series A | Apr 15, 2026 |  |
| Dalan Technology | Dalan Technology is a high-tech enterprise specializing in the research and development of consumer-grade intelligent imaging devices. |  | Seed | Mar 24, 2026 |  |
| ACONTEXT | ACONTEXT is an agent context data management platform. |  | Angel | Mar 09, 2026 |  |
| Gravity | Gravity is a software development service provider that specializes in software development, software sales, information system integration services, Internet of Things research and development, and other related industries. |  | Seed | Jan 12, 2026 |  |
| Zhuji Dynamics | Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots | $200M | Series B | Jan 02, 2026 |  |

10 of 156 investments shown.

## Co-investors
- [Shunwei Capital](https://shizune.co/investors/profile/shunwei-china-internet-fund) — VC Fund, 13 deals together
- [HSG](https://shizune.co/investors/profile/hsg-cap) — VC Fund, 9 deals together
- [Gaorong Capital](https://shizune.co/investors/profile/banyan-capital) — VC Fund, 6 deals together
- [HSG](https://shizune.co/investors/profile/sequoia-capital-china) — VC Fund, 6 deals together
- [Source Code Capital](https://shizune.co/investors/profile/source-code-capital) — VC Fund, 6 deals together
- [ZhenFund](https://shizune.co/investors/profile/zhenfund) — VC Fund, 6 deals together

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## FAQ

### What does Future Capital Discovery Fund invest in?

Future Capital Discovery Fund invests primarily in Artificial Intelligence, Software and Robotics startups, most often at Seed and Angel stage. Most of the 156 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Future Capital Discovery Fund's check size?

Future Capital Discovery Fund typically joins rounds of $1M–$15M at Seed, $425k–$9.3M at Angel and $1M–$28M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Future Capital Discovery Fund participates in.

### How do I contact Future Capital Discovery Fund?

Public channels for Future Capital Discovery Fund include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Future Capital Discovery Fund?

The team at Future Capital Discovery Fund includes Jiao Teng (Partner), Mingming Huang (Founding Partner) and Yingzhe Zeng (Partner). The Team section lists each member with their title, investment count and links.

### 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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