Qiming Venture Partners
Native name | 啟明創投 |
---|---|
Type | Private |
Industry | Venture Capital |
Founded | 2006 |
Founder | Gary Rieschel Duane Kuang |
Headquarters | Jin Mao Tower, Shanghai, China |
Key people | Nisa Leung (Managing Partner) |
Products | Investments |
AUM | US $6.2 billion (2021)[1] |
Website | www.qimingvc.com |
Qiming Venture Partners (Chinese: 啟明創投) is a China based Venture capital firm. It primarily invests in Technology, Internet and Healthcare related companies across China. It was an early investor in ByteDance, Xiaomi, Meituan and Bilibili.
Background[]
Qiming Venture Partners was founded in 2006. It is headquartered in Shanghai with offices in Beijing, Suzhou, Shenzhen and Hong Kong.[2] Most of the companies it invests in are based in China.[citation needed]
In 2017, it set up its American branch, Qiming Venture Partners (USA). The branch is headquartered in Seattle, Washington with offices in Cambridge, Massachusetts and San Francisco, California.[2]
Funds[]
USD Funds[]
Fund[3] | Vintage Year | Committed Capital ($m) |
---|---|---|
Qiming Venture Partners Fund I | 2006 | USD 193 |
Qiming Venture Partners Fund II | 2008 | USD 318 |
Qiming Venture Partners Fund III | 2011 | USD 450 |
Qiming Venture Partners Fund IV | 2014 | USD 500 |
Qiming Venture Partners Fund V | 2016 | USD 650 |
Qiming U.S. Healthcare Fund I | 2018 | USD 120 |
Qiming Venture Partners Fund VI | 2018 | USD 935 |
Qiming Venture Partners Fund VII | 2020 | USD 1,200 |
RMB Funds[]
Fund[3] | Vintage Year | Committed Capital ($m) |
---|---|---|
Qiming Venture Partners RMB Fund I | 2010 | RMB 250 |
Qiming Venture Partners RMB Fund II | 2011 | RMB 605 |
Qiming Venture Partners RMB Fund III | 2014 | RMB 1,000 |
Qiming Venture Partners RMB Fund IV | 2016 | RMB 1,500 |
Qiming Venture Partners RMB Fund V | 2018 | RMB 2,100 |
Qiming Venture Partners RMB Fund VI | 2020 | RMB 2,900 |
Notable investments[]
References[]
- ^ "Qiming Venture Partners Announces Annual Promotions". finance.yahoo.com.
- ^ a b "Qiming Venture Partners Investor Profile: Portfolio & Exits | PitchBook". pitchbook.com. Retrieved 2021-02-24.
- ^ a b "Qiming Venture Partners". www.palico.com.
- ^ "ByteDance company information, funding & investors". app.dealroom.co. Retrieved 2021-01-22.
- ^ a b c "Family offices back $1.1bn China healthcare and tech fund". Wealth Manager. Retrieved 2021-01-22.
- ^ Partners, Qiming Venture. "Qiming congratulates Xiaomi on its successful IPO on the Hong Kong Stock Exchange". www.prnewswire.com. Retrieved 2021-01-22.
- ^ a b c d Fannin, Rebecca. "Qiming Piles on 5th Fund At $650M for More Deals Like Xiaomi | Silicon Dragon Ventures". Retrieved 2021-01-23.
- ^ "Baidu pumps money into Zhihu". SHINE. Retrieved 2021-01-22.
- ^ "Qiming Venture Partners boosts 7th fund to $1.2B, battling back against COVID-19 headwinds". FierceBiotech. Retrieved 2021-01-22.
- ^ "Schrödinger Just Raised $85M and is Disrupting the Biopharma Industry with Technology". AlleyWatch. 2019-01-22. Retrieved 2021-01-22.
- ^ "Insilico signs $200M AI drug discovery partnership with China's CTFH". FierceBiotech. Retrieved 2021-01-22.
- ^ Wang, Eudora (2019-08-26). "Alibaba-Backed Chinese AI Unicorn Megvii Eyes Hong Kong IPO". China Money Network. Retrieved 2021-01-22.
- ^ Su, Wiki (2015-01-19). "Chengwei, SIG, Qiming Participate $100M Series B In Apus". China Money Network. Retrieved 2021-01-22.
- ^ Pradhan, Dipen (2019-07-29). "This Hospitality Startup wants to Become a Mix of Uber & Marriott of Southeast Asia". Entrepreneur. Retrieved 2021-01-22.
External links[]
- www.qimingvc.com (Company Website)
Categories:
- Financial services companies established in 2006
- Venture capital firms of China
- Venture capital firms of the United States