ZhenFund
Native name | 真格基金 |
---|---|
Type | Private |
Industry | Venture Capital |
Founded | 2011 |
Founders | Bob Xiaoping Xu[1] Victor Qiang Wang |
Headquarters | Beijing, China |
Key people | Anna Fang (CEO) |
Products | Investments |
Website | www.zhenfund.com |
ZhenFund (Chinese: 真格基金) is a Beijing-based venture capital firm founded in 2011 by New Oriental co-founders Bob Xu and Victor Wang. It is considered one of the largest Angel investors in China.[2]
Background[]
In 2011, Bob Xu and Victor Wang established ZhenFund in collaboration with Sequoia Capital China.[1] Bob and Victor previously co-founded New Oriental, one of the largest education conglomerates in China.
The firm invests in early stage ventures, seed stages, series A, series B, and series C rounds.
It invests in various industry fields such as the internet, technology, artificial intelligence, corporate services, healthcare and education.[citation needed]
ZhenFund is headquartered in Beijing with additional offices in Shanghai, Shenzhen and Palo Alto.[3]
Funds[]
Fund | Vintage Year | Committed Capital ($m) |
---|---|---|
Zhen Partners Fund I LP | 2012 | USD 16 |
Zhen Partners Fund II LP | 2014 | USD 35 |
Zhen Partners Fund III LP | 2015 | USD 100 |
Zhen Partners Fund IV LP | 2016 | USD 150 |
Zhen Partners Fund V LP | 2018 | USD 194 |
Notable investments[]
References[]
- ^ Jump up to: a b "Bob Xu - Angel Investor and Founder of ZhenFund". Investor's Globe.
- ^ Barreto, Elzio (2016-06-02). "China's biggest angel fund bets on boom led by young consumers". Reuters. Retrieved 2021-03-23.
- ^ "Contact Us". en.zhenfund.com. Retrieved 2021-03-23.
- ^ Jump up to: a b "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2021-03-23.
- ^ "EHang, maker of autonomous flying shuttles, files for $100 million IPO". TechCrunch. Retrieved 2021-03-23.
- ^ "Ucommune Achieves NASDAQ Backdoor Listing at 75% Off". Mingtiandi. 2020-07-09. Retrieved 2021-03-23.
- ^ "Blueseed Receives Seed Funding from Xu Xiaoping and Wang Qiang of ZhenFund · TechNode". TechNode. 2012-12-14. Retrieved 2021-03-23.
- ^ "Niu Technologies to Present at 21st Annual Needham Growth Conference". finance.yahoo.com. Retrieved 2021-03-23.
- ^ "Alibaba led $300 million Series D in Xiaohongshu, China's trendy lifestyle shopping app". Pandaily. 2018-06-01. Retrieved 2021-03-23.
- ^ "线上教育"我赢职场"获200万天使投资_淘名资讯". news.taoming.com. Retrieved 2021-03-23.
- ^ Fannin, Rebecca. "Crash Of China Bike-Sharing Startup Ofo Costs Leading VCs Big-Time". Forbes. Retrieved 2021-03-23.
- ^ "VIPKID Raises $200 Million in Series D Financing, With Sequoia Capital as Lead Investor and Tencent as Strategic Investor". www.businesswire.com. 2017-08-23. Retrieved 2021-03-23.
External links[]
- www.zhenfund.com (Company Website)
- Financial services companies established in 2011
- Venture capital firms of China
- Angel investors