ZhenFund () is a

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

-based

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...

firm founded in 2011 by

New Oriental New Oriental Education & Technology Group Inc. (, , ), more commonly New Oriental (), is a provider of private educational services in China. The headquarters of New Oriental is located in Haidian District, Beijing. It is currently the largest co ...

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

, one of the largest education conglomerates in China. The firm invests in early stage ventures, seed stages,

series A A series A round (also known as series A financing or series A investment) is the name typically given to a company's first significant round of venture capital financing. The name refers to the class of preferred stock sold to investors in exc ...

series B A venture round is a type of funding round used for venture capital financing, by which startup companies obtain investment, generally from venture capitalists and other institutional investors. The availability of venture funding is among the ...

, and series C rounds. It invests in various industry fields such as the

internet The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, pub ...

technology Technology is the application of knowledge to reach practical goals in a specifiable and Reproducibility, reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in me ...

artificial intelligence Artificial intelligence (AI) is intelligence—perceiving, synthesizing, and inferring information—demonstrated by machines, as opposed to intelligence displayed by animals and humans. Example tasks in which this is done include speech r ...

corporate services Corporate services or business services are activities which combine or consolidate certain enterprise-wide needed support services, provided based on specialized knowledge, best practices, and technology to serve internal (and sometimes external) ...

, healthcare and

education Education is a purposeful activity directed at achieving certain aims, such as transmitting knowledge or fostering skills and character traits. These aims may include the development of understanding, rationality, kindness, and honesty ...

. ZhenFund is headquartered in

with additional offices in

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...

Shenzhen Shenzhen (; ; ; ), also historically known as Sham Chun, is a major sub-provincial city and one of the special economic zones of China. The city is located on the east bank of the Pearl River estuary on the central coast of southern province ...

and

Palo Alto Palo Alto (; Spanish for "tall stick") is a charter city in the northwestern corner of Santa Clara County, California, United States, in the San Francisco Bay Area, named after a coastal redwood tree known as El Palo Alto. The city was es ...

Funds

Notable investments

* Jiayuan.com * LightInTheBox *

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 ...

* Ucommune *

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 (outsid ...

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 technol ...

* Securly *

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 larges ...

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 ...

* Woyingzhichang * Ofo *

VIPKid VIPKid, also known as VIPKID, is an online teaching and education company. History Founded in 2013 and formally launched in 2014 by Cindy Mi, the VIPKid platform connects paying students with teachers in the United States and Canada. Its online- ...

References

External links

www.zhenfund.com
(Company Website) {{authority control Financial services companies established in 2011 Venture capital firms of China Angel investors