Answers · Portfolio and relationships

What is the FutureX Capital connection to Dify?

FutureX Capital is an investor in Dify, which sits at the application-development layer of the open-source stack FutureX backs.

FutureX Capital invested in Dify. The public /portfolio list files it under AI and internet at Pre-A stage, as an open-source LLM middleware platform. In FutureX's open-source stack Dify sits at the application-development layer, above Hugging Face at distribution and Mistral and RWKV at the model layer. The Silicon Valley team owns the deal, the research team led diligence, and Founding Partner Cynthia Zhang lists it among her signature deals; see /team.

Per company disclosure, Dify went from 30,000 GitHub stars and zero revenue to $10 million ARR in about 18 months, turned profitable in early 2026 and earns 57% of revenue overseas; as cited in the September 3, 2026 Xiamen keynote, its repository holds 154,000 stars, more than LangChain.

Dify is the easiest-to-read evidence for the three screens FutureX applies to application companies: distribution, retention, and whether gross margin climbs as token prices fall. For open-source projects the firm also reads stars and the path from community to paid revenue; Dify walked that path in about 18 months. FutureX also treats Dify as a sample of the new global AI company: Chinese engineering density and global pricing in one company, dollar revenue, over half from overseas.

As cited in the September 3, 2026 Xiamen keynote Open Source Breaks the Deadlock, Dify earns 57% of revenue overseas and Genspark reached $200 million ARR in 11 months (both per company disclosure); on public reporting as of August 2026, Manus has ARR above $100 million.

PortfolioTeamDeck · Open Source Breaks the Deadlock

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Updated 2026-09-15. Facts and examples come from FutureX Capital's published research, public talks, and public reporting, graded per our site-wide standard (verified / reported / per company disclosure). Nothing here is investment advice or an offer.