Fengshion Capital
No. 8 Lido Park Chaoyang, Beijing, 100015, China
Overview
Fengshion Capital was established with a vision of coupling optimized financial solutions and commercial resources to support broad industry innovation. They work closely with entrepreneurs to discover new opportunities and to build a better tomorrow. Their team operates with the same enthusiasm they expect of the entrepreneurs they invest in. They bring to their work and investments a commitment to excellence and strive to be true value add partners to their portfolio companies. Their investors are a mix of industry leaders and prominent financial institutions; their sectoral expertise and extensive networks bring an additional dimension of competitiveness to their portfolio companies. Their investment team is dedicated to careful stewardship of their LPs funds and to generating meaningful returns while broadening their investors’ exposure to bleeding edge innovation.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 1
- Active investors
- 3
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- KargoBot
Participated · Series B · Mar 2026
KargoBot focuses on open-road, trunk-line autonomous freight, offering a full-stack solution that combines driverless ‘Robotrucks’ with a logistics operating system. Its KargoOmni platform uses mixed-platooning and single-vehicle intelligence to raise human efficiency by 83–300%, overall operating efficiency by more than 50%, and energy efficiency by about 30%. The company has already deployed more than 400 autonomous trucks across 10+ provinces, accumulating over 35 million kilometers and 1.2 billion ton-kilometers of freight. Seven mass-production truck models are in service, supporting over 20 enterprise customers and a 30-member partner alliance. Management plans to enable and deploy 1,000 autonomous trucks within 2024 and scale to tens of thousands of Robotrucks in the next few years. KargoBot has proven a profitable commercial closed loop on trunk routes and is positioned as a first-mover in China’s trillion-RMB long-haul logistics market. The new capital from its Series B round exceeds $100 million and will fund large-scale rollout and continued R&D.