VC firm
Happiness Capital
Also known as Happiness Capital Limited, Happiness Ventures, Magicus Ventures A, Magicus Ventures A, LLC
- Investor type
- VC
- Investing status
- Activeas of 2026-09-17Source (opens in a new tab)
- Headquarters
- MENLO PARK, CA, United States
- Founded
- 2021
- Assets under management
- $118MForm ADV private fund GAV, as of 2026-03-30Source (opens in a new tab)
- Funds
- 2
- Legal name
- Happiness Capital Limited
- happinesscapital.com (opens in a new tab)
- LinkedIn (opens in a new tab)
- Team page (opens in a new tab)
Record updated 28 September 2026
About
Eric setup Happiness Capital, the global venture capital arm of the Lee Kum Kee Group, established with a mission to create positive global impact and make the world a happier place.
Investment approach
- Thesis
- We take a stage-agnostic approach, primarily focusing on early-stage ventures but also open to growth-stage and pre-IPO opportunities. Our philosophy is guided by three core beliefs: Investing in startups and VC funds aligned with our mission to co-create a happier world allows us to influence the broader investment and entrepreneurial ecosystem. Patient capital drives long-term positive outcomes, but it requires embracing the spirit of 6677—exploring new ideas and investment areas, even if it means facing short-term challenges. Both Happiness Return and Financial Return are equally vital in generating tangible and intangible value, scaling impact, and fostering widespread positive change.Source (opens in a new tab)
- Investing status notes
- Happiness Capital is open to startups and VC partners who share our aims.
Funds
- Magicus Ventures A, LLC
- Vintage 2021Main fund
- HAPPINESS VENTURES I, L.P.
- Main fund
SEC registration
- Registered adviser
- TIMESHIFT CAPITAL MANAGEMENT, LLC
- CRD number
- 289023 (opens in a new tab)
- SEC file number
- 802-111101
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $118Mas of 2026-03-30
- Private funds reported
- 2
- SEC CIK
- 1873414