ZhenFund

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ZhenFund
Native name
真格基金
Company typePrivate
IndustryVenture Capital
Founded2011
FoundersBob Xiaoping Xu[1]
Victor Qiang Wang
HeadquartersBeijing, China
Key people
Anna Fang (CEO)
ProductsInvestments
Websitezhenfund.com Edit this at Wikidata

ZhenFund (Chinese: 真格基金; pinyin: Zhēngé jījīn) 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][3]

Background[edit]

In 2011, Bob Xu and Victor Wang established ZhenFund as a firm in collaboration with Sequoia Capital China.[1][3] Xu and Wang previously co-founded New Oriental, one of the largest education conglomerates in China.[2] Zhenfund was originally a personal investment vehicle for the duo that was set up in 2007.[3][4]

The firm invests in various industry fields such as the internet, technology, artificial intelligence, corporate services, healthcare and education.[2][3][5]

Offices[edit]

ZhenFund is headquartered in Beijing with additional offices in Shanghai, Shenzhen and Palo Alto.[6]

Notable investments[edit]

References[edit]

  1. ^ a b "Bob Xu - Angel Investor and Founder of ZhenFund". Investor's Globe.
  2. ^ a b c d Barreto, Elzio (2 June 2016). "China's biggest angel fund bets on boom led by young consumers". Reuters. Retrieved 23 March 2021.
  3. ^ a b c d "独家起底真格基金:5年300个投资项目表现如何?". finance.sina.cn. 24 March 2016. Retrieved 3 July 2023.
  4. ^ Apostoaie, Ella (11 December 2023). "Who is ZhenFund?". The Wire China. Retrieved 13 December 2023.
  5. ^ Cheung, Sonja (17 May 2013). "Sequoia Joins Early Stage Trend With Backing for Zhenfund". Wall Street Journal. ISSN 0099-9660. Retrieved 3 July 2023.
  6. ^ "Contact Us". Zhenfund. Retrieved 23 March 2021.
  7. ^ "Blueseed Receives Seed Funding from Xu Xiaoping and Wang Qiang of ZhenFund · TechNode". TechNode. 14 December 2012. Retrieved 23 March 2021.
  8. ^ "EHang, maker of autonomous flying shuttles, files for $100 million IPO". TechCrunch. November 2019. Retrieved 23 March 2021.
  9. ^ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 23 March 2021.
  10. ^ Hu, Bailey (18 October 2018). "Momenta claims China's first self-driving unicorn title after new round of funding · TechNode". TechNode.
  11. ^ "Niu Technologies to Present at 21st Annual Needham Growth Conference". finance.yahoo.com. Retrieved 23 March 2021.
  12. ^ Fannin, Rebecca. "Crash Of China Bike-Sharing Startup Ofo Costs Leading VCs Big-Time". Forbes. Retrieved 23 March 2021.
  13. ^ "Ucommune Achieves NASDAQ Backdoor Listing at 75% Off". Mingtiandi. 9 July 2020. Retrieved 23 March 2021.
  14. ^ "线上教育"我赢职场"获200万天使投资_淘名资讯". news.taoming.com. Retrieved 23 March 2021.
  15. ^ "VIPKID Raises $200 Million in Series D Financing, With Sequoia Capital as Lead Investor and Tencent as Strategic Investor". www.businesswire.com. 23 August 2017. Retrieved 23 March 2021.
  16. ^ "Alibaba led $300 million Series D in Xiaohongshu, China's trendy lifestyle shopping app". Pandaily. 1 June 2018. Retrieved 23 March 2021.

External links[edit]