F&G Venture

F&G Venture was founded in September 2012 by a former rotating CEO of Huawei and a partner of Fidelity Asia. The firm concentrates on investing in companies that demonstrate rapid growth in information technology sectors, including IT infrastructure, cloud computing, the Internet of Things, software as a service, big data, microchip design, and semiconductors. It also targets high‑end manufacturing enterprises that produce modules, intelligent devices, equipment, robotics, and drones. Through its portfolio, F&G Venture seeks to support businesses that combine advanced technology with scalable business models.

Steve Hong

Managing Partner and Co-Founder

Yu Qian

Co-Founder and Managing Partner

Past deals in Semiconductor

Minxin Technology

Series B in 2024
Minxin Technology focuses on the research, development, manufacture, and sales of photo- and thermal-curing functional materials and electronic-grade wet chemicals.

Abscience Optoelectronic Technology

Series A in 2023
Abscience Optoelectronic Technology is an innovative technology firm that focuses on the development of infrared optoelectronics technology for semiconductors.

TaiXin Semiconductor

Series B in 2022
TaiXin Semiconductor is a high-tech enterprise specializing in chip design within the AIoT (Artificial Intelligence of Things) sector. The company develops a range of semiconductor products, including IoT communication chips, high-definition video codec chips, and power electronics field programmable chips. These products find applications across various industries, such as transportation, energy, and communication, positioning TaiXin Semiconductor as a key player in the evolving landscape of semiconductor solutions.

Thinktech

Venture Round in 2022
Thinktech is a design and manufacturing company that specializes in producing automotive-grade semiconductors. They provide automotive security designed for ICV applications with built-in hardware. The company focuses on providing comprehensive security solutions to the Chinese automotive sector.

Artosyn

Series B in 2022
Artosyn is a developer of high-performance, low-power chips tailored for artificial intelligence applications. The company focuses on creating Internet of Things (IoT) chips and two generations of intelligent vision system on a chip (SoC) solutions. These technologies are designed to enhance intelligent perception, computing, and transmission capabilities, which are critical for various applications such as drones, wireless security systems, and audio and video transmissions. By providing reliable data connections, Artosyn plays a significant role in the emerging intelligent hardware industry, supporting the development of innovative products that leverage advanced AI functionalities.

Hangshun Chips

Series D in 2021
Hangshun Chips is a manufacturer established in 2013 in Shenzhen, specializing in the development of automotive System on Chips (SoC) and high-end microcontrollers (MCU). The company implements a dual strategy to enhance the Internet of Everything, aiming to make everyday life smarter. Its products, including CPU chips and 32-bit microcontrollers, serve various industries such as medical, automotive, industrial and consumer electronics, as well as smart home applications. With branches and offices located in Chengdu and Shanghai, Hangshun Chips is focused on providing innovative solutions across multiple sectors.

Xinersemi

Series B in 2018
Shenzhen Xiner Semiconductor Technology Co., Ltd. (Xiner) Founded in 2013, they aer jointly invested by Shenzhen Zhengxuan Technology, Shenzhen State-owned Assets Supervision and Administration Commission, Shenzhen Talent Innovation Fund, Dachen Venture Capital, Fangguang Capital, Xiamen Falcon and other well-known institutions. Committed to the development, application and sales of IGBT chips, IGBT driver chips and high-power intelligent power modules. Xiner has an experienced and pragmatic team. The main personnel have accumulated more than ten years of industry and are the first in China to successfully mass produce IGBT products based on FST technology. Xiner has R&D centers in Shanghai and Shenzhen, and has established sales offices in Shenzhen, Shanghai, Qingdao, Shunde and Hangzhou to respond quickly to customer needs. Xiner adheres to the business philosophy of application orientation, research and development, and open cooperation. It deeply explores customer application requirements, focuses on R&D and design of IGBT related products, and cooperates with the best partners in the industry to provide customers with the most stable and cost-effective power devices. They insist on customer-centered, and hope to further cooperate with domestic system application companies to break the foreign monopoly and form the real combat power of domestic system manufacturers!

Minxin Technology

Minxin Technology focuses on the research, development, manufacture, and sales of photo- and thermal-curing functional materials and electronic-grade wet chemicals.
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