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ZhenFund
ZhenFund () 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. Background In 2011, Bob Xu and Victor Wang established ZhenFund in collaboration with Sequoia Capital China. 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. ZhenFund is headquartered in Beijing with additional offices in Shanghai, Shenzhen and Palo Alto. Funds Notable investments * Jiayuan.com * LightInTheBox * EHang * Ucommune * Blueseed * Mobvoi * Securly * Niu Technologies * Xiaohongshu * Woyingzhichang * Ofo * VIPKid VIPKid, also known as VIPKID, is an online teaching and educatio ...
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Anna Fang (investor)
Anna Fang () is a Chinese venture capitalist. She is the founding CEO and partner of ZhenFund. Biography Fang graduated from Westtown School in 2000, then received her BA from Columbia University in 2004 and received her MBA from Stanford Graduate School of Business in 2010. She started her career as an investment banker at JPMorgan Chase, JPMorgan after graduating from Columbia before working for a Chinese cultural organization in the United Kingdom. After graduating from Stanford, she started at General Electric China in business development before being approached by her Stanford classmate to help Chinese investor Xu Xiaoping launch a new venture capital fund, now known as ZhenFund. Fang has funded more than 30 seed-stage startups that have gone on to be unicorns, including the internet platform Xiaohongshu, Horizon Robotics, Huobi, VIPKid, and Nuro. In April 2022, she was named #1 on ''Forbes'' magazine's debut Midas Seed List for "building the world's best Seed stage ventu ...
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Woyingzhichang
Woyingzhichang ( wyzc/ 5win/ 51zhichang) is one of China's largest online IT vocational job training and services firm. In Chinese, the name roughly translates to "winning in the job market." It was founded in 2013 as a spin-off from Uplooking Ltd., an offline school for IT Training based in Beijing with centers spread across nine Chinese cities. 51zhichang secured early backing from angel investor firm ZhenFund and has completed A-Round financing worth more than $5.64 million with support from the venture capital arm of the Chinese Academy of Sciences. In December, 2015, the firm announced a Pre-B round funding of an unspecified amount led by Shanghai Dingfeng Asset Management Co. Currently, the firm has more than 10,000 hours of classroom instruction and more than 380 sets of original programs. It partners with Cisco, Red Hat, and Oracle to offer IT courses on technologies such as iOS and Android Android may refer to: Science and technology * Android (robot), a humanoid r ...
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Mobvoi
Mobvoi Information Technology Company Limited () is a technological company headquartered in Beijing, China that sells and develops consumer electronics and Chinese voice recognition, natural language processing, and vertical search technology in-house. The core team members include ex-Googlers, AI experts, former Nokia employees, engineers and researchers from top universities such as Johns Hopkins, Harvard, MIT, Cambridge, and Tsinghua or top-tier Internet companies such as Yahoo Beijing, Baidu, Tencent, etc. Since inception, Mobvoi has raised 5 rounds of funding led by Sequoia Capital, ZhenFund, SIG, Perfect Optronics Ltd (HK listed), GoerTek (A- Share listed) and Google with total fundraising amount of US$75 million. History Mobvoi was founded in October 2012 by Zhifei Li. In May 2013, Mobvoi released their Voice Search Service featured in the popular messaging app, WeChat. In 2014, Mobvoi launched their independent voice search app called Chumenwenwen, which c ...
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Healthcare Industry
The healthcare industry (also called the medical industry or health economy) is an aggregation and integration of sectors within the economic system that provides goods and services to treat patients with curative, preventive, rehabilitative, and palliative care. It includes the generation and commercialization of goods and services lending themselves to maintaining and re-establishing health. The modern healthcare industry includes three essential branches which are services, products, and finance and may be divided into many sectors and categories and depends on the interdisciplinary teams of trained professionals and paraprofessionals to meet health needs of individuals and populations.HEALTH PROFESSIONS
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Xiaohongshu
Xiaohongshu () is a social media and e-commerce platform. It has been described as "China's answer to Instagram". , Xiaohongshu had over 300 million registered users and the number of monthly active users is over 85 million. 70% of its users are reportedly born after 1990, and nearly 90% of them are females. The app allows users and influencers to post, discover and share product reviews, most frequently related to beauty and health. Travel bloggers are also known to regularly post content regarding tourism and leisure destinations on the platform. Xiaohongshu also operates RED Mall, which sells international products to Chinese users. Xiaohongshu's headquarters are in Huangpu District, Shanghai. History Xiaohongshu was founded by Miranda Qu and Charlwin Mao in 2013, as an online tour guide for Chinese shoppers, providing a platform for users to review products and to share their shopping experiences with the community. In October 2014, the founders started focusing on conn ...
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Niu Technologies
Niu Technologies ( zh, 牛电科技; stylized as NIU) is an electric scooter company headquartered in Beijing, China. Yan Li has been its CEO and COO since December 2017. Founded in 2014 by two ex-employees of Xiaomi, it is now one of the largest electric vehicle manufacturers in China. Early on, it differentiated itself by using lithium-ion batteries as opposed to the cheaper lead-acid alternatives widely used in Chinese e-scooters at the time. It had nearly $300M in revenue in 2019. As of November 2020, 98% of its sales were in China. In 2018, it was listed on the NASDAQ stock exchange under the ticker NIU. Niu scooters are used by some vehicle-sharing enterprises. Revel Transit launched in New York City in 2019 with 1,000 Niu mopeds, later expanding to Washington DC, Austin and Miami. In 2021, Lime Lime commonly refers to: * Lime (fruit), a green citrus fruit * Lime (material), inorganic materials containing calcium, usually calcium oxide or calcium hydroxide * Lime (color) ...
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Securly
Securly, Inc. is an American company based in San Jose, California and incorporated in Delaware. It develops and sells internet filters, spyware, and other technologies which primary and secondary schools use to monitor students' web browsing, web searches, video watching, social media posts, emails, online documents, and drives. It was founded in 2013. Reception Securly has been criticized for providing tools that empower schools to censor content and invade students' privacy. In 2017, the ''Milwaukee Journal Sentinel'' reported on Arrowhead High School's implementation of Securly, which received pushback from parents and students. The software monitored activity of school-owned equipment, but also of students' own devices that connected to the school's Wi-Fi. Points of contention included the risk of Securly being hacked, the potential sale of students' browsing and search history to insurance companies and advertisers, and general privacy concerns. Securly stated that they ...
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Blueseed
Blueseed was a Silicon Valley-based startup company and a seasteading venture to create a startup community located on a vessel stationed in international waters near the coast of Silicon Valley in the United States. The intended location (outside the territorial seas of the United States, 12 nautical miles from the coast of California, in the so-called " contiguous zone") would enable non-U.S. startup entrepreneurs to work on their ventures without the need for a US work visa (H1B), while living in proximity to Silicon Valley and using relatively easier to obtain business and tourism visas (B1/B2) to travel to the mainland. The project received wide media coverage and the promise of funding from venture capitalist Peter Thiel, who also supports the Seasteading Institute, who ultimately did not invest in the seed round. Blueseed later obtained in seed funding, Bitcoin investments, and $9M from an undisclosed investor, and claimed plans to lease a ship for its platform. The la ...
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Ucommune
Ucommune (), formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, ucommune had completed its D round of financing, securing a valuation of 2.4 billion US dollars. In February 2019, it was reported that the company was seeking to list on the NASDAQ at a valuation of $3 billion. Ucommune has over 300 employees and 400,000 square meters of office space in 160 locations. The company provides community services to its 5,000 member companies and 609,000 individual members worldwide.Hu, Yuanyuan & Chen, Meiling (27 December 2017)Ucommune transforms into community service provider ''China Daily''. Retr ...
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EHang
Guangzhou EHang Intelligent Technology Co. Ltd is a company based in Guangzhou, China that develops and manufactures autonomous aerial vehicles (AAVs) and passenger AAVs which have entered service in China for aerial cinematography, photography, emergency response, and survey missions. History EHang announced the ''Ehang 184'', introduced at the Consumer Electronics Show in January 2016, as the world's first AAV capable of carrying passengers. The company announced plans with Dubai's Road & Transportation Agency in 2017 to launch an autonomous flying-taxi service starting in the summer of 2017, but didn't succeed. The company has also worked on a project with Nevada's Institute for Autonomous Systems for an AAV taxi that can transport a single passenger for up to 23 minutes with the EHang 184. In November 2018, an agreement was signed with the city of Lyon, France, to open a research center there. At the same time, a cooperation agreement was concluded with the Austrian aer ...
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LightInTheBox
LightInTheBox Holding Co., Ltd. () is an international online retail company that delivers products to consumers in over 200 countries and territories. It attracts the consumer by showing its lifestyle products through LightInTheBox.com, MiniInTheBox.com, and its other websites, which are available in 26 major languages as of October 2013. History LightInTheBox was founded in June 2006 by Quji (Alan) Guo, Xin (Kevin) Wen, Liang Zhang, Jun Liu and Chit Jeremy Chau. The company operated as Light In The Box Limited until March 2008, when it was restructured and incorporated as LightInTheBox Holding Co., Ltd., acting as the ultimate holding company. The founders of LightInTheBox took the opportunity to build a company that would take advantage of China's manufacturing and supply chain. On June 6, 2013, LightInTheBox opened for trading on the New York Stock Exchange (NYSE) under the ticker symbol "LITB". In the three months leading up to June 30, 2013, LightInTheBox cleared $72.2 m ...
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