Qiming Venture Partners
China Venture Capital Firm
From Wikipedia, the free encyclopedia
Qiming Venture Partners (Qiming; Chinese: 啟明創投; pinyin: Qǐmíng chuàngtóu) is a China-based venture capital firm. It primarily invests in technology, Internet and healthcare-related companies across China.[2][3] It is an early investor in ByteDance, Xiaomi, Meituan, and Bilibili.[2][4][5] According to South China Morning Post, from January 2019 to May 2020, it was the seventh-most active venture capital firm in China.[6]
| |
Native name | 啟明創投 |
|---|---|
| Type | Private |
| Industry | Venture Capital |
| Founded | 2006 |
| Founders | Gary Rieschel Duane Kuang |
| Headquarters | Jin Mao Tower, Shanghai, China |
| Products | Investments |
| AUM | US$9.5 billion (August 2024) |
| Website | www.qimingvc.com |
| Footnotes [1] | |
Background
Qiming was founded in 2006 by Gary Rieschel and Duane Kuang.[2][7] Rieschel and Kuang were previously with Softbank and Intel Capital respectively.[8] Nisa Leung joined the firm that year and would become its managing partner. [9]
Qiming focuses on investments in China.[5][7] As of 2016, investors included Princeton University, Duke University, and the Robert Wood Johnson Foundation.[7]
In 2017, the firm set up its American branch, Qiming Venture Partners (USA).[10]
In February 2025, Leung stepped down from her position as managing partner of Qiming in what was seen as a leadership change in the firm.[11]