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
Websitezhenfund.com

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

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

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

Notable investments

References

  1. 1 2 "Bob Xu - Angel Investor and Founder of ZhenFund". Investor's Globe.
  2. 1 2 3 4 Barreto, Elzio (2 June 2016). "China's biggest angel fund bets on boom led by young consumers". Reuters. Retrieved 23 March 2021.
  3. 1 2 3 4 "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.
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