Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) • Retail (& E-Commerce) • Advertising • Autonomous vehicles (& Cars) |
Stages | Seed, Angel, Series A |
Investing | China |
PreAngel Fund is a trailblazer in the angel investment sector in China, established since 2011. As an early player in institutional angel funding, they focus on early-stage investments that range from $20,000 to $1 Million. Distinguished as a nurturing ground for startups, PreAngel Fund has a robust track record, which includes NASDAQ-listed enterprises like Hesai and Ehang, alongside several unicorns such as Dobot, Westwell, Medlinker, Wosai, and SuperMonkey. The fund has also seen successful exits in other unicorn companies like Petkit, Unicareer, and Leadrive. PreAngel Fund operates under the leadership of Leo Wang, a seasoned investor with over 20 years of experience in the mobile internet and tech industry, specializing in various sectors including fintech, aviation, healthcare, AI, and blockchain. Strategically investing in over 300 startups, Wang has guided the fund to notable successes with NASDAQ-listed companies and unicorns. The portfolio's diversity spans several industries, such as aviation, autonomous driving, healthcare, fintech, and blockchain. Not limited to investing, the fund places significant emphasis on democratizing angel investing and propelling innovation throughout the entrepreneurial ecosystem. PreAngel Fund extends beyond financial investments by cultivating an environment where startups can thrive through strategic guidance and mentorship. Their commitment to innovation is further exhibited through PreAngel Insight, a custom-designed ChatGPT programmed to communicate the vision and knowledge of founding partner Leo Wang. This initiative indicates their dedication to leveraging new technologies to enrich the conversation around and understanding of angel investing. PreAngel continues to be a vital contributor to China's evolving tech landscape, by supporting new and disruptive technologies in various high growth markets.