Forebright Capital
Suite 3720, Jardine House, 1 Connaught Place, Central, Hong Kong
Overview
Forebright Capital is a differentiated, well resourced, institutional-quality fund manager in China. Before its spin-off in May 2014, the Forebright Team had operated for more than 10 years under China Everbright Limited, a state-owned enterprise listed on the Hong Kong Stock Exchange. As one of the earliest teams investing in China, Forebright sails through various economic cycles and delivered steady and long term return for its global investors including sovereign wealth funds, insurances, pension funds, university and corporate endowments and fund of funds. Forebright is committed to partnering with business leaders, providing value added services, and driving long term growth hence returns for investors through discipline and rigorous process.
- Total investments
- 13
- Lead investments
- 7
- Investments · 12mo
- 4
- Active investors
- 4
Sector focus
- Finance
- Financial Services
Investment portfolio
- Evotrex
Participated · Series A · Jun 2026
Evotrex develops hybrid extended-range electric travel trailers designed to enable extended off-grid living. Its first model, the PG5, is an EREV with a battery pack recharged by an onboard gas engine, and the company revealed a functional version at CES after emerging from stealth. The PG5’s Premium trim is priced around $160,000, and Evotrex says 90% of its existing order book is for that fully loaded trim. The company plans to target roughly 1,000 units annually once production ramps and will manufacture in China with final assembly in California. Evotrex has prioritized service capability early—hiring its first service employee six months ago and bringing on its first sales hire more recently—as it spends the next 10–12 months on durability testing. The startup has raised $46 million to date and is using the new capital to complete testing, finalize manufacturing plans, and prepare for deliveries.
- Brizan Ventures
Participated · Equity · Mar 2026
Brizan Ventures is an AI hardware–software company that is developing an end-to-end product line centred on its proprietary Agent OS platform and a Lightwear AI full-stack computing terminal. The hardware is described as an ultra-light, high-performance device designed to serve as a personal agent in the emerging era of multimodal large models. By tightly integrating purpose-built sensors with on-device AI acceleration, the firm aims to deliver always-on, real-time AI capabilities for consumer and enterprise users. Management positions the company as filling a gap for high-end, locally-run AI experiences that do not rely solely on cloud resources. Although detailed operating metrics such as revenue or user counts were not disclosed, the company reports that investor interest has been strong. To date, Brizan Ventures has attracted more than RMB 30 million (≈ US$4 million) in total funding, providing resources to accelerate product refinement and initial market entry.
- EPG
Led · Series B · Jan 2026
Founded in 2004 and headquartered in Singapore, EPG designs and manufactures prefabricated modular data centre infrastructure that integrates power, IT, and cooling systems for faster deployment and improved delivery certainty. The company runs dual R&D centres in Singapore and Shanghai and operates advanced manufacturing hubs in Malaysia and China. Last year EPG delivered more than 200MW of prefabricated modules, including a 60MW+ full-scope delivery project, and has expanded its office footprint to Japan, Thailand, and Dubai. Its prefabricated approach aims to reduce environmental impact while accelerating build timelines. EPG grew its workforce 87.6% year-on-year to support scaling operations. The recent Series B+ funding will support further international growth by expanding R&D, manufacturing, and delivery capabilities to meet rising demand for AI and cloud infrastructure.
- SpacemiT
Participated · Series B · Jan 2026
Founded in November 2021, Hangzhou-based SpacemiT develops next-generation high-performance CPUs built on the open-standard RISC-V instruction set. Its chips are tailored for edge artificial intelligence workloads, enabling real-time processing on devices ranging from smart home products and smartphones to industrial sensors and autonomous robots. The company’s inaugural octa-core 64-bit RISC-V AI chip, the K1, launched in 2024 and has already shipped more than 150,000 units for open-source hardware, AI devices, and robotics applications. SpacemiT is currently preparing to mass-produce its second-generation K3 chip in April after completing tape-out last year. The firm provides integrated hardware-software optimization solutions that support large language model development and seeks to drive broader adoption of RISC-V within China’s growing AI ecosystem. Proceeds from its latest funding are earmarked for boosting the computing power of upcoming chips and expanding its engineering talent pool to capitalize on the surge in edge AI demand.
- Shuyun
Led · Series D · Nov 2023
Shuyun (数云) is described in the article as a consumer digital-operations technology company. The company announced the completion of a D1 financing round on 2023-11-12. The round was reported as nearly RMB 100 million in size. Forebright Capital was the sole investor in this financing. Zhishu Capital continued to serve as the exclusive financial adviser on the transaction. The article does not provide valuation, use-of-proceeds, or operating metrics.