ZhenFund

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]

ZhenFund
Native name
真格基金
TypePrivate
IndustryVenture Capital
Founded2011
FoundersBob Xiaoping Xu[1]
Victor Qiang Wang
HeadquartersBeijing, China
Key people
Anna Fang (CEO)
ProductsInvestments
Websitewww.zhenfund.com

Background

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]

The firm invests in various industry fields such as the internet, technology, artificial intelligence, corporate services, healthcare and education.[2][3][4]

Offices

ZhenFund is headquartered in Beijing with additional offices in Shanghai, Shenzhen and Palo Alto.[5]

Notable investments

References
  1. "Bob Xu - Angel Investor and Founder of ZhenFund". Investor's Globe.
  2. Barreto, Elzio (2016-06-02). "China's biggest angel fund bets on boom led by young consumers". Reuters. Retrieved 2021-03-23.
  3. "独家起底真格基金:5年300个投资项目表现如何？". finance.sina.cn. 2016-03-24. Retrieved 2023-07-03.
  4. Cheung, Sonja (2013-05-17). "Sequoia Joins Early Stage Trend With Backing for Zhenfund". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-07-03.
  5. "Contact Us". Zhenfund. Retrieved 2021-03-23.
  6. "Blueseed Receives Seed Funding from Xu Xiaoping and Wang Qiang of ZhenFund · TechNode". TechNode. 2012-12-14. Retrieved 2021-03-23.
  7. "EHang, maker of autonomous flying shuttles, files for $100 million IPO". TechCrunch. November 2019. Retrieved 2021-03-23.
  8. "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2021-03-23.
  9. Hu, Bailey (18 October 2018). "Momenta claims China's first self-driving unicorn title after new round of funding · TechNode". TechNode.
  10. "Niu Technologies to Present at 21st Annual Needham Growth Conference". finance.yahoo.com. Retrieved 2021-03-23.
  11. Fannin, Rebecca. "Crash Of China Bike-Sharing Startup Ofo Costs Leading VCs Big-Time". Forbes. Retrieved 2021-03-23.
  12. "Ucommune Achieves NASDAQ Backdoor Listing at 75% Off". Mingtiandi. 2020-07-09. Retrieved 2021-03-23.
  13. "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.
  14. "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.
  15. "Alibaba led $300 million Series D in Xiaohongshu, China's trendy lifestyle shopping app". Pandaily. 2018-06-01. Retrieved 2021-03-23.
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