# Feng Li

> Feng Li is a Series A investor at Frees Fund (Beijing) backing Blockchain and Cryptocurrency. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Frees Fund](https://shizune.co/investors/profile/freesfund)
- Location: Beijing, China
- Total investments: 12
- Last investment: Dec 2022
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/feng-li-5136a147

Feng Li is a Series A investor at Frees Fund in Beijing focused on Blockchain and Cryptocurrency. Feng Li is the Partner at IDG-Accel China Growth Fund.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Blockchain | 3 | 25% |
| Cryptocurrency | 2 | 17% |
| CRM | 1 | 8% |
| SaaS | 1 | 8% |
| Web3 | 1 | 8% |

25 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 4 | 33% |
| Seed | 3 | 25% |
| Angel | 2 | 17% |
| Series B | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 3 | 25% |
| China | 2 | 17% |
| Singapore | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Methuselah | Methuselah is a research and development manufacturer of medical nutritional food. |  | Series A | Dec 12, 2022 |  |
| SoundAI | Sound Technology is a science and technology innovation company that specializes in acoustics frontier technology and artificial intelligence interaction. It is committed to lead the more interactive experience of artificial intelligence in the real environment and realize the human-computer interaction vision that "listen to you and know whatyou think". | $28.3M | Series B | Dec 29, 2018 |  |
| EOT Protocol | EOT Protocol (formerly the EON Foundation) is a blockchain games company based in Palo Alto and Singapore. EOT is developing a protocol to help blockchain game developers. | $5M | Seed | Jun 07, 2018 |  |
| SoundAI | Sound Technology is a science and technology innovation company that specializes in acoustics frontier technology and artificial intelligence interaction. It is committed to lead the more interactive experience of artificial intelligence in the real environment and realize the human-computer interaction vision that "listen to you and know whatyou think". | $14.2M | Series A | Oct 27, 2017 |  |
| SoundAI | Sound Technology is a science and technology innovation company that specializes in acoustics frontier technology and artificial intelligence interaction. It is committed to lead the more interactive experience of artificial intelligence in the real environment and realize the human-computer interaction vision that "listen to you and know whatyou think". | $22.7M | Seed | Oct 01, 2016 |  |
| Ripple | Ripple provides one frictionless experience to send money globally using the power of blockchain. It offers a global real-time payment system that enables banks and financial institutions around the world to directly transact with each other without the need for a central correspondent. The company also offers FX Market Making, a solution enablingenterprises to gain access to cross-currency liquidity through a distributed network that allows foreign exchange to be externally sourced from a competitive FX marketplace or an internal FX trading desk. This minimizes FX exposure thereby lowering the volatility and counter-party risk of trades. Ripple Insights features industry updates, insider perspectives, and in-depth market analysis. |  | Series A | May 19, 2015 |  |
| Ripple | Ripple provides one frictionless experience to send money globally using the power of blockchain. It offers a global real-time payment system that enables banks and financial institutions around the world to directly transact with each other without the need for a central correspondent. The company also offers FX Market Making, a solution enablingenterprises to gain access to cross-currency liquidity through a distributed network that allows foreign exchange to be externally sourced from a competitive FX marketplace or an internal FX trading desk. This minimizes FX exposure thereby lowering the volatility and counter-party risk of trades. Ripple Insights features industry updates, insider perspectives, and in-depth market analysis. | $28M | Series A | May 19, 2015 |  |
| Keen Systems | Keen is the first cloud-based service that helps them quickly and economically build an ecommerce-driven web presence and streamline their complete workflow from estimates to orders to shipping. The print industry produces $640B annually and is almost entirely made up of companies with 250 employees or fewer. They are quickly looking totransition from phone calls and emails to an online workflow. Today 20% of print transactions originate online, by 2017 that number will be over 50%. Until now, this has been a very expensive, difficult, and most times ineffective transition for print service providers. Keen was founded by a team with deep roots in both print and Internet technology. The service was first announced (in alpha) at DEMO Fall 2009. Keen went live at Graph Expo 2011 – the largest annual print industry conference in North America – where it won a “Must See ‘Em” award. Keen is the official ecommerce workflow partner of Roland DGA (announced in March 2012). | $1.6M | Series A | Jan 13, 2014 |  |
| Ripple | Ripple provides one frictionless experience to send money globally using the power of blockchain. It offers a global real-time payment system that enables banks and financial institutions around the world to directly transact with each other without the need for a central correspondent. The company also offers FX Market Making, a solution enablingenterprises to gain access to cross-currency liquidity through a distributed network that allows foreign exchange to be externally sourced from a competitive FX marketplace or an internal FX trading desk. This minimizes FX exposure thereby lowering the volatility and counter-party risk of trades. Ripple Insights features industry updates, insider perspectives, and in-depth market analysis. | $3.5M | Seed | Nov 12, 2013 |  |
| Ripple | Ripple provides one frictionless experience to send money globally using the power of blockchain. It offers a global real-time payment system that enables banks and financial institutions around the world to directly transact with each other without the need for a central correspondent. The company also offers FX Market Making, a solution enablingenterprises to gain access to cross-currency liquidity through a distributed network that allows foreign exchange to be externally sourced from a competitive FX marketplace or an internal FX trading desk. This minimizes FX exposure thereby lowering the volatility and counter-party risk of trades. Ripple Insights features industry updates, insider perspectives, and in-depth market analysis. | $1.4M | Seed | May 14, 2013 |  |

10 of 12 investments shown.

## Co-investors
- [Hongtai Capital Holdings](https://shizune.co/investors/profile/aplus-capital) — VC Fund, 2 deals together
- [Camp One Ventures](https://shizune.co/investors/profile/camp-one-ventures) — VC Fund, 2 deals together
- [CME Ventures](https://shizune.co/investors/profile/cme-ventures) — VC Fund, 2 deals together
- [Core Innovation Capital](https://shizune.co/investors/profile/core-innovation-capital) — VC Fund, 2 deals together
- [CRCM](https://shizune.co/investors/profile/CRCM) — VC Fund, 2 deals together
- [Thirdstream Partners](https://shizune.co/investors/profile/thirdstream-partners) — VC Fund, 2 deals together

## About Frees Fund

VC Fund · Beijing, China

By adopting revolutionary mechanisms, FREES FUND is devoted to change the long-established rules in the venture capital. By leveraging the cutting-edge technologies and resources, FREES FUND aims at investing in great startups and helping them grow into great enterprises that are valuable to our society. We mainly invest in early-stagestartups, and hope to become their first-round institutional investor. Our primary interested areas are broad-sense TMT (Technology, Media, Telecom), B2B and deep technology.

4 contacts available at Frees Fund.

| Name | Title | Profile |
| --- | --- | --- |
| Feng Li | Founding Partner | https://shizune.co/investors/profile/feng-li |
| Li Feng | Founding partner | https://shizune.co/investors/profile/li-feng-acaa |
| Ma Rui | Partner | https://shizune.co/investors/profile/ma-rui-37ab |
| Shen Ying | Vice President | https://shizune.co/investors/profile/shen-ying-41da |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Feng Li invest in?

Feng Li invests primarily in Blockchain, Cryptocurrency and CRM startups, most often at Series A and Seed stage. Most of the 12 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Feng Li last invest?

The most recent investment recorded for Feng Li closed in Dec 2022. Shizune tracks 12 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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