Friend Capital

Friend Capital is an investment institution founded in 2015 and based in Beijing, China. The company specializes in private equity investments, focusing on a diverse range of sectors, including business and consumer products and services, financial services, healthcare, logistics, internet of things, robotics, and information technology. With a commitment to identifying and nurturing growth opportunities, Friend Capital aims to create value through strategic investments in promising companies across these industries.

Tang, Wei

Partner

Wan CPA, Wei

Partner

3 past transactions

Tingyu Technology

Series B in 2025
Tingyu Tech is a developer and provider of edge computing cloud services, specializing in interactive experiences. The company offers an edge cloud service platform that utilizes a vast network of edge nodes to deliver high-performance, reliable, and cost-effective computing, distribution, and storage solutions. Tingyu Tech focuses on creating an elastic fusion distributed edge computing network, catering to various sectors including the internet, education, industrial manufacturing, and parks. Through its innovative services, the company aims to enhance customer experiences and operational efficiency across these diverse fields.

CapitalBio Technology

Series C in 2020
CapitalBio Technology, established in 2012, is a leading life science company based in Beijing, China. It specializes in developing and commercializing a wide array of healthcare solutions, including diagnostic kits for respiratory pathogens, hepatitis B, and thalassemia, as well as a broad spectrum of microarray and microfluidic chips, related instruments, software, databases, reagents, and consumables. These products cater to diverse customers, from biomedical researchers to healthcare professionals, serving applications in basic research, drug development, clinical diagnostics, biosafety, food safety, and molecular breeding. CapitalBio Technology also offers services such as Special Needs Plans (SNP) service, mRNA Expression Profiling Service, DNA methylation detection service, and sequencing services. As a subsidiary of CapitalBio Corporation and the Biological Chip Beijing National Engineering Research Center, it employs over 500 highly educated professionals, with 86% holding at least a Bachelor's degree, including 14 doctors or post-doctorates.

Twenty First Century Aerospace Technology

Post in 2016
Twenty First Century Aerospace Technology Co., Ltd is a Beijing-based company specializing in commercial earth observation (EO) satellites and geospatial information services. Founded in 2001, it operates a constellation of small EO satellites, including a 1-meter optical satellite, and manages satellite control and image tasking stations. The company provides a comprehensive range of services throughout the space geo-information value chain, including satellite procurement, data acquisition, image processing, and geo-information services. Its offerings encompass programmed and archived imaging data, value-added images, and various spatial remote sensing services. Additionally, the company develops software for image data processing, smart satellite resource management, and intelligent tasking. Its geo-information services cater to diverse applications, including land cover analysis, change detection, and 3D simulations, supporting sectors such as urban management, natural resources, and emergency response. With a focus on both domestic and international markets, the company leverages self-developed technology and algorithms to deliver high-quality image data and big data solutions for its clients.
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