# Joy & Recreation Capital

> Joy & Recreation Capital is a VC fund in Xuzhou backing eSports, Hardware and E-Commerce. See 2 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Xuzhou, China
- Total investments: 2
- Last investment: Jun 2019
- Lead investor: 50%
- Last updated: Sep 2026

Joy & Recreation Capital is a vc fund focused on early & mid-term investments in tourism, sports, film & entertainment industries.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| eSports | 1 | 50% |
| Hardware | 1 | 50% |
| E-Commerce | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Foreverider | Foreverider is a company that is committed to solving short-distance travel “commuting anxiety”, providing lighter and better quality travel products and full-service companies, bringing easy and beautiful travel to the country. Founded in 2018, the company signed a strategic partnership with the famous national brand “Shanghai Permanent” andbecame the national total operator of “Permanent Smart Treadmill New Retail Experience Store”, building dealers and 4S service stores nationwide. The company has a strong investment channel expansion, online and offline integrated operations and marketing capabilities, in just a few months has built more than 500 dealers and service networks nationwide. At the same time, the company has strong product development, design and supply chain integration capabilities, and has a number of patents. In line with the promulgation and implementation of the new national standard, a special team was set up to develop a smart, light and comfortable smart electric bicycle that meets the new national standard. The series of products that have been developed include kangaroo, civet cat, flying eagle and other product series. |  | Series A | Jun 20, 2019 |  |
| Laopao E-sports Club | Laopao E-sports Club is an e-sports team. | $1.5M | Series A | Mar 19, 2019 |  |

2 of 2 investments shown.

## Co-investors
- [WANDA Group](https://shizune.co/investors/profile/wanda-group) — VC Fund, 1 deal together

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## Featured in investor lists
- [eSports VC Funds in China](https://shizune.co/investors/esports-vc-funds-china)

## FAQ

### What does Joy & Recreation Capital invest in?

Joy & Recreation Capital invests primarily in eSports, Hardware and E-Commerce startups, most often at Series A 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 Joy & Recreation Capital last invest?

The most recent investment recorded for Joy & Recreation Capital closed in Jun 2019. 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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