ZhenFund

ZhenFund is a Beijing-based venture capital firm founded in 2011 by Bob Xu and Victor Wang, co-founders of New Oriental, in collaboration with Sequoia Capital China. The firm focuses on early-stage investments in sectors such as technology, healthcare, education, consumer goods, and financial services. ZhenFund has established itself as a prominent player in China's venture capital landscape, supporting a diverse range of startups.

The firm's investment strategy emphasizes identifying exceptional founding teams and providing them with mentorship and resources to build successful companies. ZhenFund has a network of over 800 portfolio companies, including more than 30 unicorns, and has been recognized as the top early-stage investment firm for six consecutive years. Notable investments include Ofo, VIPKid, and Xiaohongshu.

ZhenFund's approach combines capital investment with operational support, offering services such as biannual demo days, ZhenHR services, marketing and PR consulting, and fundraising assistance. The firm is headquartered in Beijing, with additional offices in Shanghai, Shenzhen, and Palo Alto, California, reflecting its commitment to fostering innovation and entrepreneurship both domestically and internationally.