Joinhope Capital

Joinhope Capital, also known as Hongdao Capital, a microventure capital firm in China that focuses on technologies in artificial intelligence and life science. Founded 2010 in Beijing, China, it invests in seed rounds. Its portfolio companies include Life No. 1, Hi Shop, Xingkeduo, Zhuangxiaomi, Fumi Technology, Pocket Noir, 52toys, Wecash, MLog Tianqijia, and Deepwise. As of April 2020, Hongdao Capital has made 21 investments. Their most recent investment was on March 1, 2019, when Life No. 1 raised. Hongdao Capital has had one exit, which was Xingkeduo. Xingkeduo is a hair salon brand that utilizes technology to optimize haircuts.