Native name | 真格基金 |
---|---|
Company type | Private |
Industry | Venture Capital |
Founded | 2011 |
Founders | Bob Xiaoping Xu[1] Victor Qiang Wang |
Headquarters | Beijing, China |
Key people | Anna Fang (CEO) |
Products | Investments |
Website | zhenfund |
ZhenFund (Chinese: 真格基金; pinyin: Zhēngé jījīn) is a Beijing-based venture capital firm founded in 2011 by New Oriental co-founders Bob Xu and Victor Wang. It is considered one of the largest angel investors in China.[2][3]
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.[2] Zhenfund was originally a personal investment vehicle for the duo that was set up in 2007.[3][4]
The firm invests in various industry fields such as the internet, technology, artificial intelligence, corporate services, healthcare and education.[2][3][5]
ZhenFund is headquartered in Beijing with additional offices in Shanghai, Shenzhen and Palo Alto.[6]