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Happiness Capital

37/F, Infinitus Plaza, 199 Des Voeux Road Central, Hong Kong

Overview

Venture capital firm investing in happiness-focused startups.

Founded

2017

Deals · 12mo

2

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

Germany
Israel
United Kingdom
United States

Sector focus

Finance
Financial Services
Impact Investing
Venture Capital

Investment portfolio

22rounds
NAMEDATESIZE
HexemBio
Sep 2026Participated
$5 MOther Equity
Epoch Biodesign
Mar 2026Participated
$12 MOther Equity
Epoch Biodesign
Mar 2025Participated
$19 MSeries A
Project Eaden
Jan 2025Participated
$17 MSeries A
Formo
Sep 2024Participated
$61 MSeries B
Infinite Roots
Jan 2024Participated
$58 MSeries B
CellRev
Dec 2023Participated
$2 MOther Equity
TômTex Co
Nov 2023Led
$2 MSeed
GOZEN
Oct 2023Led
$3 MSeed
Vyoma GmbH
Jun 2023Led
$10 MSeed
ClearSpace
Jan 2023Participated
$29 MSeries A
MicroHarvest
Sep 2022Led
$9 MSeries A
HexemBio
Sep 2026Participated
$5 MOther Equity
Epoch Biodesign
Mar 2026Participated
$12 MOther Equity
Epoch Biodesign
Mar 2025Participated
$19 MSeries A
Project Eaden
Jan 2025Participated
$17 MSeries A
Formo
Sep 2024Participated
$61 MSeries B
Infinite Roots
Jan 2024Participated
$58 MSeries B
CellRev
Dec 2023Participated
$2 MOther Equity
TômTex Co
Nov 2023Led
$2 MSeed
GOZEN
Oct 2023Led
$3 MSeed
Vyoma GmbH
Jun 2023Led
$10 MSeed
ClearSpace
Jan 2023Participated
$29 MSeries A
MicroHarvest
Sep 2022Led
$9 MSeries A
22
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Happiness Capital: 22 funding rounds are recorded in the selected participation categories.All available history.
Happiness Capital: 22 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed41
Series A17
Series B03
Series C+11
Other Equity04

Monthly Deal Activity

Happiness Capital: 22 deals are recorded across 85 months.All available history.
Happiness Capital: 22 deals are recorded across 85 months. All available history
MonthDeals
Oct '191
Nov '190
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '201
Sep '200
Oct '201
Nov '200
Dec '201
Jan '210
Feb '211
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '211
Oct '211
Nov '210
Dec '210
Jan '220
Feb '221
Mar '220
Apr '220
May '221
Jun '220
Jul '220
Aug '220
Sep '221
Oct '220
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '231
Nov '231
Dec '231
Jan '241
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '241
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '251
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Happiness Capital: Health & Life Sciences is the largest displayed sector by deal count (13 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Happiness Capital: Health & Life Sciences is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
Health & Life Sciences13
Food & Agriculture11
Space & Frontier Tech5
Hardware & Robotics3
Clean Energy & Sustainability3
Manufacturing2
AI & Machine Learning2
AR/VR1
Social & Community Platforms1
Consumer & Lifestyle1

Deal Size Distribution

Happiness Capital: 22 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Happiness Capital: 22 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M5
$5M-$10M5
$10M-$25M5
$25M-$50M4
$50M-$100M2
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Happiness Capital: Europe has the largest recorded deal count among the displayed regions (16 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Happiness Capital: Europe has the largest recorded deal count among the displayed regions (16 deals). All available history
RegionDeals
Europe16
United States4
Israel2
Happiness Capital: 20 co-investors are shown, with FoodLabs sharing 5 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Happiness Capital: 20 co-investors are shown, with FoodLabs sharing 5 recorded deals. All available history
Co-investorShared deals
FoodLabs5
CPT Capital4
Lowercarbon Capital3
Redalpine3
REWE Group3
SOSV3
Agronomics2
Astanor Ventures2
Elevat3 Capital2
EQT Ventures2
Extantia2
Faber Ventures2
Grazia Equity2
Losa Group2
Stray Dog Capital2
VisVires New Protein2
600 T Space Investments1
AccelR81
Acequia Capital1
Armat Group1

Investment Strategy

Happiness Capital: Led accounts for 27% and participating for 73% of round participation.All available history.
Happiness Capital: Led accounts for 27% and participating for 73% of round participation. All available history
CategoryDeals (count)Share (%)
Led627%
Participating1673%
Happiness Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Happiness Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead350%
Co-led350%

Team

Allan Chan

Executive Director

Eric Ng

Managing Director & CEO

Mark Chan

VP, Investment

Sammy Lee

Chief Invisible Officer