$6.5M sweet spot round size
Most of their 10 investments are in rounds between $4M and $15M
2015
ABM Therapeutics raised $30M on January 4, 2022
Investors: Sincere Capital, 北京同德金信投资有限公司, Baidu.ventures and PhotonFund
Amplicore Inc. raised $4M on March 25, 2021
Investors: Berkeley Catalyst Fund and PhotonFund
Cardea Bio Inc. raised $7.5M on September 17, 2020
Investors: Taihill Venture, Table Mountain Capital LLC, Serra Ventures, Foothill Ventures, - and PhotonFund
Nelumbo, Inc raised $14M on April 16, 2020
Investors: Darwin Venture Management, Berkeley Catalyst Fund, Harmonix, Prime Movers Lab, Safar Partners and PhotonFund
Valitor raised $2.5M on September 20, 2018
Investors: Phaenomena West Capital, ShangPharma Innovation, -, Berkeley Catalyst Fund and PhotonFund
Newomics, Inc. raised $3.9M on August 9, 2018
Investors: Berkeley Catalyst Fund and PhotonFund
Nelumbo, Inc raised $5.5M on July 27, 2018
Investors: 1517 Fund, Berkeley Catalyst Fund and PhotonFund
Undisclosed raised $60M on March 2, 2018
Investors: KTB Ventures, DAOL Ventures and PhotonFund
北京红鲤鱼数字电影院线有限公司 raised $15M on January 8, 2018
Investors: Legend Capital and PhotonFund
Undisclosed raised $4.4M on April 13, 2017
Investors: Do-Fluoride (Jiaozuo) New Energy Technology Co., Ltd and PhotonFund