ZhenFund

What is ZhenFund?

ZhenFund is a seed stage venture fund, established in 2011 by founders Bob Xu and Victor Wang in conjunction with Sequoia Capital China. Both Bob Xu and Victor Wang come from a significant background in entrepreneurship and education, having co-founded New Oriental, which is among the world's leading education conglomerates.

In recognition of his investment acumen, Bob Xu was listed on the Midas List as a top 100 tech investor in 2016.

ZhenFund is recognized for its influence in China’s early-stage venture capital ecosystem and has been expanding its operations to the United States, maintaining a practice in Palo Alto, California.

Specializing in early and seed funding rounds, ZhenFund invests across a variety of industries including Media, Education, Business Solutions, FinTech and Financial Services, Retail and E-Commerce, Entertainment and Sports, A.I. and Big Data, Blockchain and Cryptos, Real Estate and Construction, Healthcare and Wellness, Investment Management, Life Science, Mobile, Nanotechnology, and Online Social sectors.

The fund has delineated financial parameters for investment, with a minimum investment of $250,000, a maximum of $3,000,000, and a sweet spot of $1,500,000. ZhenFund's portfolio comprises more than 150 fast-growing companies, notably including 17zuoye, OFO, VIPKID, RED, Hero Entertainment, and Urwork.

Some of the fund's notable seed investments have made their way to IPO in New York City, such as Shiji Jiayuan, LightInTheBox, and Jumei. ZhenFund’s mission is focused on providing support, educational opportunities, and inspiration to the next generation of global entrepreneurs, with the intent to foster innovative advancements and significant growth within its portfolio companies.

What they say:

We invest in technology, artificial intelligence, enterprise services, healthcare, consumer products, and mobile internet.