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ZhenFund

China-based venture capital firm From Wikipedia, the free encyclopedia

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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]

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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]

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Offices

ZhenFund is headquartered in Beijing with additional offices in Shanghai and Shenzhen.[7]

Notable investments

See also

References

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