ZhenFund | Crunchbase

ZhenFund (Chinese: 真格基金) is a seed stage focused venture fund founded in 2011 by Bob Xu and Victor Wang, in collaboration with Sequoia Capital China. Bob and Victor previously co-founded New Oriental (NYSE: EDU), one of the world's largest education conglomerates. Three of Bob's seed investments have IPOed in NYC: Shiji Jiayuan (Nasdaq: DATE) (世纪佳缘, website), LightInTheBox (Nasdaq: LITB) (website), and Jumei (NYSE: JMEI) (聚美, website). In 2016, Bob was honored on the Midas List as one of the top 100 tech investors.

ZhenFund currently dominates China’s early stage venture capital scene, and is rapidly expanding its U.S. practice based in Palo Alto, CA. Its portfolio has over 150 high-growth companies, including 17zuoye, OFO, VIPKID, RED, Hero Entertainment, and Urwork. ZhenFund’s mission is to support, educate, and inspire the next generation of global entrepreneurs.

Which funding rounds raised the most money?

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Investments

Number of Investments

252

Number of Lead Investments

Announced Date	Organization Name	Lead Investor	Funding Round	Money Raised
Sep 17, 2018	Threat Hunter	Yes	Series A - Threat Hunter	CN¥6M
Sep 10, 2018	Babel Bank	—	Angel Round - Babel Bank	—
Aug 29, 2018	Boniaohuiben	Yes	Seed Round - Boniaohuiben	CN¥10M
Aug 23, 2018	Fangti.com	Yes	Seed Round - Fangti.com	—
Aug 22, 2018	Youfu Clinic	Yes	Series A - Youfu Clinic	—
Aug 21, 2018	Nice Tuan	—	Angel Round - Nice Tuan	$14.6M
Aug 10, 2018	Shuidinongchang (Water drop farm)	—	Angel Round - Shuidinongchang (Water drop farm)	—
Aug 8, 2018	Meipian	—	Series B - Meipian	$14.6M
Aug 7, 2018	Suiyuan Technology	—	Seed Round - Suiyuan Technology	CN¥340M
Aug 2, 2018	Logos Network	Yes	Seed Round - Logos Network	$3M

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Exits

Number of Exits

Raven Tech

Raven Tech is building the next generation OS.

51Talk

51Talk is an online english school providing one-to-one foreign language teaching services.

LightInTheBox.com

LightInTheBox is a B2C e-commerce website selling a variety of integrated supply chain products.

JuMei.com

JuMei.com is a China-based online cosmetic shopping platform focused on make-up and skin-care brands.

Delectable

Delectable is a critically-acclaimed mobile app that helps users find, buy, learn, record and share wines worth remembering

Crosswise

Cross-Device Identification Mapping

Yingxiong Huyu

Yingxiong Huyu is a developer of mobile e-sports games and an organizer of e-sports competitions.

BlockSeer

Transparency for the Bitcoin ecosystem

Funds Raised

Number of Funds

Total Fund Raised

$300M

Announced Date	Fund Name	Money Raised
Mar 28, 2018	Zhen Partners Fund V	—
Mar 31, 2016	Zhen Tech Fund	$300M
Dec 12, 2011	ZhenFund 2.0	—

Current Team

Number of Current Team Members

ZhenFund

has 21 current team members, including

Partner & CEO

Partner & CEO

Head of US, Investor

Co-Founder

Partner

Investment Principal

Marketing Manager

Head of US, Investor

Office Manager

Past Team

Number of Past Team Members

Person Name	Title At Company	Start Date	End Date
Zara Zhang	Marketing Intern	May 2014	Jun 2014
Natalie Luu	Independent Projects	2014	2014

Related Hubs

Hub Name	Number of Organizations
Investors Active in California (Top 10K)	804
Investors Active in Greater New York Area (Top 10K)	3,735
Asia Seed Stage Investors	640
Venture Capital Investors with Investments in Greater Boston Area	1,735
Early Stage Venture Investors with Investments in Hangzhou, Zhejiang	133
Early Stage Venture Investors with Investments in Tel Aviv, Tel Aviv	352
Early Stage Venture Investors with Investments in Cambridge, Massachusetts	631
Asia Early Stage Venture Investors	904
Venture Capital Investors with Investments in Tokyo, Tokyo	178
Early Stage Venture Investors with Investments in Sunnyvale, California	752