# Liefeng Qu

> Liefeng Qu is a Series C investor at New Alliance Capital (Shanghai) backing Travel and Aerospace. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [New Alliance Capital](https://shizune.co/investors/profile/new-alliance-capital)
- Location: Shanghai, China
- Total investments: 1
- Last investment: Feb 2026
- Lead investor: 0%
- Last updated: Aug 2026

Liefeng Qu is a Series C investor at New Alliance Capital in Shanghai focused on Travel and Aerospace. Liefeng has 19 years of extensive experience in the origination and syndication of equity capital markets transactions. He initiated more than 60 projects in the fields of TMT, software, semi-conductor, healthcare, et cetera, covering the IPO, M&A and exit of several enterprises. Liefeng founded New Alliance Capital in 2008 and involved inall phases of firm’s development. He led a number of landmark deals, including Microsoft New Alliance JV, Yicai Global, SMG Pictures (600637.SH), New Classics Media, Qihu 360, CHICMAX, KJT.com, UnionTech (836987.OC), Jushri Technologies, CAIP (603035.SH), Synfuels China, MicroPort, United Imaging, and other companies.Leifeng is a current board member of Microsoft New Alliance JV, CAIP (603035.SH), Besttone (600640.SH) and MicroPort. He was a previous board member of more than 20 enterprises, including Nokia Networks, Shanghai Information Investment, Suzhou New Sea Union Telecom Technology Co (002089.SZ), Yicai Global, Wicresoft, Zizhu Park, and other companies. Liefeng performed as Director of Investment Department at Shanghai Alliance Investment Ltd. (SAIL) from 1998 to 2008, where Dr. Qu successfully completed the execution of SAIL’s investments in China Netcom, BestTV (600637.SH) and so forth before he founded New Alliance Capital. He established 10 joint ventures together with MNCs such as Nokia, Microsoft, Samsung, Continental Group, PCCW, Texas Instruments, Cisco, and other companies. Liegeng earned his Ph.D. of Engineering from Shanghai Jiao Tong University, Master of Engineering from China Shipping Research Institute, and Bachelor of Engineering from Shanghai Jiao Tong University.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Travel | 1 | 100% |
| Aerospace | 1 | 100% |
| Service Industry | 1 | 100% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Aerofugia | Aerofugia is a technology company with low-altitude travel and vehicle-mounted flight as its core, and a practitioner of the new general aviation strategy under Geely Technology Group. | $144M | Series C | Feb 02, 2026 |  |

1 of 1 investments shown.

## Co-investors
- [CAS Star](https://shizune.co/investors/profile/cas-star) — VC Fund, 1 deal together
- [CITIC Securities](https://shizune.co/investors/profile/citic-securities) — VC Fund, 1 deal together
- [Green Pine Capital Partners](https://shizune.co/investors/profile/green-pine-capital-partners) — VC Fund, 1 deal together
- [Luminous Ventures (former Lightspeed China Partners)](https://shizune.co/investors/profile/lightspeed-china-partners) — VC Fund, 1 deal together
- [Pan-Lin Capital](https://shizune.co/investors/profile/pan-lin-asset-management) — VC Fund, 1 deal together
- [Panorama Capital](https://shizune.co/investors/profile/panorama-capital-0886) — VC Fund, 1 deal together

## About New Alliance Capital

VC Fund · Shanghai, China

New Alliance Capital is a venture capital and private equity firm that specializes in early, growth stage and pre-IPO investments. It primarily invest in high-end manufacturing, technology, advanced agriculture, consumer goods, information, media, energy, recycling, environmental protection, and modern services industry sectors. New AllianceCapital typically invests between $4.71 million and $31.41 million. Qu Liefeng founded it in 2008, with its headquarters in Shanghai in China.

1 contacts available at New Alliance Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Liefeng Qu | Founder and partner | https://shizune.co/investors/profile/liefeng-qu |

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## FAQ

### What does Liefeng Qu invest in?

Liefeng Qu invests primarily in Travel, Aerospace and Service Industry startups, most often at Series C stage. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Liefeng Qu last invest?

The most recent investment recorded for Liefeng Qu closed in Feb 2026. Shizune tracks 1 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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