FJ Labs, an early investor in Alibaba, has raised $260M in funding to invest in startups across all stages.
The firm has invested in over 30 unicorns.
- FJ Labs has invested in 900 companies, some of which are:
- Alibaba,
- Flexport,
- Coupang,
- Delivery Hero,
- Gravitics, etc.
- The money will be deployed across two different funds, one of which will be dedicated to early-stage investments, while the other will be deployed for later-stage startups.
- FJ Labs claims to have the world's largest marketplace portfolio and says it makes investment decisions within a week.
- The company receives over 200 pitches per week, investing in 2%-3% of them.
- Its focus is on U.S.-based startups with a global approach, while it is sector-agnostic.