ZhenFund
China-based venture capital firm
From Wikipedia, the free encyclopedia
ZhenFund (Chinese: 真格基金; pinyin: Zhēngé jījīn) is a China-based venture capital firm focused on seed and early-stage investments. It was established in 2011 by New Oriental co-founders Bob (Xiaoping) Xu and Victor (Qiang) Wang.[2] In 2016, Reuters has described ZhenFund as China's largest angel investment fund.[2]
 | |
Native name | 真格基金 |
|---|---|
| Company type | Private |
| Industry | Venture Capital |
| Founded | 2011 |
| Founders | Bob Xiaoping Xu[1] Victor Qiang Wang Anna Fang |
| Headquarters | Beijing, China |
Key people | Anna Fang (CEO) |
| Products | Investments |
| Website | zhenfund |
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.[4] Zhenfund was originally a personal investment vehicle for the duo that was set up in 2007.[3][5] The duo brought in Anna Fang as a founding partner shortly after the firm was launched.[5]
The firm invests in various industry fields such as the internet, technology, artificial intelligence, corporate services, healthcare and education.[4][3][6]
