# Kwai Hung Group

> Kwai Hung Group is a VC fund backing Medical, Delivery and Coworking. See 3 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: May 2021
- Lead investor: 33%
- Last updated: Sep 2026

Kwai Hung Group is a VC fund focused on Medical and Delivery. Kwai Hung Group primarily specialized in the development of residential buildings for sale in Hong Kong.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Medical | 1 | 33% |
| Delivery | 1 | 33% |
| Coworking | 1 | 33% |
| E-Commerce | 1 | 33% |
| Health Care | 1 | 33% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 33% |
| Series B | 1 | 33% |
| Series C | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Hong Kong | 2 | 67% |
| China | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Hangzhou DAC Biotech Co., Ltd | Hangzhou DAC Biotech Co., Ltd focuses on developing conjugate of monoclonal antibody and small molecular cytotoxic drugs. | $154.9M | Series C | May 12, 2021 | http://www.dacbiotech.com/ |
| Ztore | Ztore is an online supermarket with convenient delivery service, selling quality groceries and home essentials. You can simply buy what you want anywhere and anytime on Ztore.com. Pay through their certificated payment gateway, choose delivery time slot and you will receive your delivery at home fast and safe. | $8M | Series B | Oct 15, 2018 | http://www.ztore.com |
| Campfire | Campfire Collaborative Spaces are industry focused workspaces that were designed to provide every tools and services possible for members to grow. Campfire was conceptualized as a place where like-minded entrepreneurs can gather to share their experiences and work together. It offers reliable and flexible sites to maximize utilization. Its siteshave been designed to provide every tool and service possible for members to grow. | $18M | Series A | Jul 05, 2018 | https://x.com/Campfire_Spaces |

3 of 3 investments shown.

## Co-investors
- [CPE](https://shizune.co/investors/profile/citic-pe) — VC Fund, 1 deal together
- [CITIC Securities](https://shizune.co/investors/profile/citic-securities) — VC Fund, 1 deal together
- [GL Ventures](https://shizune.co/investors/profile/gl-ventures) — VC Fund, 1 deal together
- [GL Ventures LLC](https://shizune.co/investors/profile/gl-ventures-llc) — VC Fund, 1 deal together
- [Potent Assets](https://shizune.co/investors/profile/potent-assets) — VC Fund, 1 deal together
- [Rykadan Capital](https://shizune.co/investors/profile/rykadan-capital) — VC Fund, 1 deal together

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## Featured in investor lists
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## FAQ

### What does Kwai Hung Group invest in?

Kwai Hung Group invests primarily in Medical, Delivery and Coworking startups, most often at Series A and Series B stage. Most of the 3 investments tracked by Shizune back companies in Hong Kong. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Kwai Hung Group last invest?

The most recent investment recorded for Kwai Hung Group closed in May 2021. 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 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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