Legal analysis: When the company goes bankrupt, investors can only actively participate in the bankruptcy liquidation of the company if they want to recover the funds of venture capital. Under normal circumstances, investors can recover all or part of their investment as long as the company goes bankrupt and liquidates and the debts are paid off; If the liquidation property of the company is not enough to pay off debts, investors will not be able to recover their investment.
Legal basis: Article 109 of the Enterprise Bankruptcy Law of the People's Republic of China provides that creditors who enjoy the security right over the bankrupt's specific property have the priority to be compensated.