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When was FutureX Capital founded?

FutureX Capital (天际资本) was founded in Asia in 2018 and is headquartered in Hong Kong; from that year it invested in ByteDance in five consecutive rounds through 2025.

FutureX Capital was founded in Asia in 2018, is headquartered in Hong Kong, runs 8 offices, and invests in both US dollars and RMB from angel to pre-IPO. Founding Partner Cynthia Zhang brings 15 years in technology venture capital and 8 years in public-market investing, across four platform shifts from mobile internet to cloud, hard tech and general AI. The firm's method is to stand at the inflection point before consensus forms; backing ByteDance from 2018 is the public sample of that method.

In 2018, short video going global was not yet consensus; FutureX invested in ByteDance in five consecutive rounds from that year through 2025, the firm's public sample of its method (confirmed, see /about and /team).

Between 2018 and 2026 the firm's public figures became: 1,500+ AI projects screened, 140+ companies in its network, 80+ of them AI-native, a 60+ industry-founder network, and 24 research reports. In 2021–2023 it built density in open source before open source became consensus, covering Dify at the application-development layer, Hugging Face for distribution, and Mistral and RWKV at the model layer. Today it calls itself the first AI-enabled AI investment firm.

On January 27, 2025, DeepSeek wiped $589 billion off Nvidia's market value in one day, the largest one-day loss in US stock history (public market data); that day open source went from non-consensus to consensus, and FutureX's open-source density had been built in 2021–2023, before it.

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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.