|Description||China angel fund|
ZhenFund is an early stage seed fund that invests primarily in startups based on the Chinese Mainland. The original ZhenFund was founded in 2006 when New Oriental co-founder Xu Xiaoping began making angel investments. In December 2011, he created a joint fund with Sequoia Capital China to expand his investment activities and resources available to portfolio companies.
The new ZhenFund is industry agnostic, but tends to focus on consumer internet, social, e-commerce, education, and entertainment sectors. The mission of ZhenFund is to support, educate, and inspire China’s next generation of entrepreneurs.