Founded in 2017, Happiness Capital is a global venture capital firm based in Hong Kong, China. Its mission is to make the world a happier place by investing in startups and VC funds that create innovations to make people happy around the world. Happiness Capital considers financial return and “Happiness Return” equally important to their portfolio companies.
It has established investment hubs in U.S., Europe, Israel and China for sourcing the best investments worldwide. Their current investments focus on innovations in Food, Health, Trust and Climate Change. Happiness Capital encourages entrepreneurs to innovate new products and services that can improve the “Happiness Return” for different stakeholders. Their focused areas are well-aligned with United Nation’s Sustainability Development Goals.
DEVELOPMENT
Publication on Stanford Social Innovation Review (SSIR)
The article Can Venture Capital Be Optimized for Happiness? co-written by Happiness Capital was published in June 2024 on Stanford Social Innovation Review (SSIR).The article introduced the “Happiness Return Framework”, which is a metric to measure how investments can be used to begin to systematically incorporate the happiness and well-being of all stakeholders into investment decisions.
Case study in Harvard Business Review
HKUST has written a case study titled “Happiness Capital: A Hundred-Year-Old Family Business’ Quest to Create Happiness”, which was published in September 2024 by Harvard Business Publishing. The case acknowledges Happiness Capital as a pioneer in impact investing with its proprietary “Happiness Return Framework” to measure happiness. It also examines its investment strategies, processes, performance, risk management, organization and governance.