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Fortune Capital

North America, Florida, United States, Coral Gables

Description

Fortune Capital operates as the dedicated capital division of Fortune International Group, a leading real estate development, brokerage, and property management firm headquartered in Coral Gables, Florida. The firm specializes in providing strategic capital solutions for luxury residential and mixed-use real estate projects, primarily across South Florida. Its core focus encompasses equity investments, debt financing, and joint venture partnerships, supporting the acquisition, development, and construction phases of large-scale properties.

The investment strategy of Fortune Capital is deeply integrated with the broader activities of Fortune International Group, which has a long-standing reputation for developing iconic luxury condominiums and high-end commercial spaces. Rather than engaging in traditional venture capital or startup investments, Fortune Capital's deployment of funds is directed towards tangible real estate assets. This includes a wide array of projects, from high-rise residential towers to expansive master-planned communities, reflecting a commitment to the robust and dynamic South Florida property market.

Fortune Capital is known for its involvement in significant developments that often command substantial valuations. For instance, the firm has been instrumental in projects such as the Jade Signature in Sunny Isles Beach, a luxury condominium development valued at over $500 million. They have also participated in other high-profile ventures like the Ritz-Carlton Residences, Sunny Isles Beach, and the St. Regis Residences, Miami, projects that collectively represent multi-billion dollar undertakings. These large-scale commitments demonstrate Fortune Capital's capacity to deploy considerable capital into complex and ambitious real estate initiatives.

The typical investment size for Fortune Capital reflects the scale of the real estate market they operate within. Their capital contributions, whether as equity partners or lenders, generally range from substantial sums, with initial commitments for significant projects typically starting around $10 million. For major developments or lead equity positions, their investments can extend to $100 million or more, underscoring their role as a key financial enabler in the South Florida luxury real estate landscape.

Investor Profile

Fortune Capital has backed more than 39 startups, with 1 new investments in the last 12 months alone. The firm has led 18 rounds, about 46% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in China, Hong Kong, United States.
  • Strong thematic focus on Health Care, Artificial Intelligence (AI), Information Technology.
  • Led 1 rounds in the past year.
  • Typical check size: $10M – $100M.

Stage Focus

  • Series A (49%)
  • Series B (18%)
  • Series C (10%)
  • Series D (8%)
  • Seed (5%)
  • Angel (3%)
  • Corporate Round (3%)
  • Series Unknown (3%)
  • Series E (3%)

Country Focus

  • China (90%)
  • Hong Kong (3%)
  • United States (3%)

Industry Focus

  • Health Care
  • Artificial Intelligence (Ai)
  • Information Technology
  • Biotechnology
  • Robotics
  • Electronics
  • Medical
  • Software
  • Biopharma
  • Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Fortune Capital frequently co-invest with?

Gopher Asset Management
Asia, Shanghai, China, Shanghai
Co-Investments: 2
Cowin Capital
Asia, Guangdong, China, Shenzhen
Co-Investments: 2
IDG Capital
Asia, Beijing, China, Beijing
Co-Investments: 2
Fosun RZ Capital
Asia, Beijing, China, Beijing
Co-Investments: 2
SAIF Partners
Asia, Hong Kong Island, Hong Kong, Hong Kong
Co-Investments: 2
Co-Stone Venture Capital
Asia, Guangdong, China, Shenzhen
Co-Investments: 3
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 3
Qiming Venture Partners
Asia, Shanghai, China, Shanghai
Co-Investments: 2
CPE
Asia, Beijing, China, Beijing
Co-Investments: 2
Qianhai Fund of Funds
Asia, Fujian, China, Shanzhen
Co-Investments: 2

What are some of recent deals done by Fortune Capital?

VAST is an artificial intelligence business that focuses on the study and production of general-purpose 3D big models.

3D TechnologyArtificial Intelligence (AI)
SeedSep 19, 2024
Atom Bioscience & Pharmaceutical

Suzhou, Jiangsu, China

Atom Bioscience is a clinical-stage biotechnology company.

BiotechnologyHealth Care
Series DOct 16, 2023
Amount Raised: $82,075,975
Jinsheng New Energy

Gaoyao, Guangdong, China

Jinsheng New Energy is a lithium battery recycling company.

EnergyPrecious Metals
Series BNov 3, 2022
SiBionics

Shenzhen, Guangdong, China

SiBionics is a medtech company that engages in the field of chronic disease management.

Artificial Intelligence (AI)Health CareMedical Device
Series CJan 21, 2022
Amount Raised: $126,000,000
METiS Pharmaceuticals

Hangzhou, Zhejiang, China

METiS Pharmaceuticals is the world's first AI-driven drug formulation company.

Artificial Intelligence (AI)BiopharmaBiotechnologyMedical DevicePharmaceutical
Series ADec 13, 2021
Amount Raised: $86,000,000
Natural Melody

Jinan, Shandong, China

Natural Melody is a cosmetics brand that offers skin-care products.

CosmeticsHealth CareLifestyleRetailWellness
Series BOct 28, 2021
Amount Raised: $31,289,601
Dreame Technology

Suzhou, Jiangsu, China

Dreame Technology produces premium hairdryers and vacuums in the style of Dyson.

ElectronicsManufacturingRetail
Series COct 21, 2021
Amount Raised: $563,089,484
OSUGA

Kowloon City, Kowloon, Hong Kong

Osuga is a sexual wellness brand.

AdultRetailShipping
Series ASep 8, 2021
Amount Raised: $38,688,910
Fujian Deer Technology

Longyan, Fujian, China

Fujian Deer Technology is involved in the research, development, production, and sale of chemical basic materials.

Advanced MaterialsChemicalElectronicsManufacturing
Series AAug 13, 2021
Amount Raised: $185,259,518
Beijing Gene+ Technology

Changping, Beijing, China

Beijing Gene+, also known as Beijing Gene Plus, provides gene testing services for cancer prevention

Health CareLife ScienceMedical
Series CJul 22, 2021
Amount Raised: $115,907,089