Zhen Fund
- Published
- Category
- The Boardroom
- Subcategory
- The VC Vault
Founded in 2011 by former entrepreneurs alongside Sequoia China, Zhen Fund backs early-stage innovators across deep tech, AI, robotics, semiconductors, and hardware. With a lean, founder-led ethos, it injects an average of $4–10 M per round and supports over 800 portfolio companies. It’s known for spotting startup unicorns early, fostering long-term growth. Headquartered in Beijing, it offers both capital and operational mentorship to emerging Chinese tech champions.
Fund Size:
~>$800 M across multiple early-stage vehicles (network of 800+ startups, including 30+ unicorns)
Fund Size:
~>$800 M across multiple early-stage vehicles (network of 800+ startups, including 30+ unicorns)
Average Check:
~$4.7 M in Seed, scaling to ~$10 M+ in Series A
Location:
Beijing, China
Stage Focus:
Seed and Series A
Household Brands:
Over 30 Chinese unicorns (across AI, edtech, consumer).
Contact:
Anna Fang (Managing Partner) anna@zhenfund.com
Tianyi Qin (Principal) tianyi@zhenfund.com
