# QF Capital

> QF Capital is a VC fund backing Artificial Intelligence and E-Commerce. See 161 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Shenzhen, China
- Total investments: 161
- Last investment: Aug 2026
- Lead investor: 47%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/启赋资本
- Website: http://www.qfvc.cn/

QF Capital is a fund management company that focuses on private equity investments.

## Contacts

5 contacts available for QF Capital. Shizune tracks 4 team members at QF Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/qf-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.4M–$15M |
| Angel | $425k–$14M |
| Series A | $1.4M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Artificial Intelligence | 20 | 12% |
| E-Commerce | 17 | 11% |
| Software | 13 | 8% |
| Manufacturing | 12 | 7% |
| Internet | 10 | 6% |

138 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 64 | 40% |
| Angel | 30 | 19% |
| Seed | 29 | 18% |
| Series B | 11 | 7% |
| Venture - Series Unknown | 4 | 2% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 121 | 75% |
| Hong Kong | 1 | 1% |
| United States | 1 | 1% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Changzhen Wang | Co-Founding Partner | 0 | https://shizune.co/investors/profile/changzhen-wang |
| Fang Yanyan | Chief Investment Officer | 0 | https://shizune.co/investors/profile/fang-yanyan |
| Song Chang | Partner | 4 | https://shizune.co/investors/profile/song-chang-e089 |
| Zeng Wei | Co-Founding Partner | 0 | https://shizune.co/investors/profile/zeng-wei-8b0e |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Yaozheng Quantum Technology | UnitQC is a China‑based quantum technology company focused on trapped‑ion quantum computing systems and related products. |  | Series A | Aug 03, 2026 |  |
| T-chef Tech | T-chef Tech is a robotic company that focuses on smart kitchen, 9D kitchen safety models, food safety application, and fast-food chains. | $14.8M | Venture - Series Unknown | Jul 27, 2026 |  |
| Yuanhao Power | The primary focus of Yuanhao Power, an AI native technology developer, is the creation of fifth-generation multimodal 4D world model base models. It creates a cohesive model system that encompasses dynamic environment reconstruction, generation, simulation, and intelligent agent training, and it encourages its use in applications like autonomousdriving, medical procedures, games and movies, and embodied intelligence. For the era of physical AI, it is dedicated to developing a universal world model base. |  | Seed | Jul 23, 2026 |  |
| Lingju Innovation | Lingju Innovation is a technology business that specializes on edge computing cores and desktop intelligent CNC machine tools. |  | Angel | Jul 14, 2026 |  |
| Maiju Microelectronics | Maiju Microelectronics manufactures core chips for lithium batteries and solutions to management system applications. |  | Venture - Series Unknown | Jul 07, 2026 |  |
| Yin Gong Technology | Yin Gong Technology develops energy storage technology. It is an innovative battery technology developer in the green technology field. | $14.7M | Seed | Jul 01, 2026 |  |
| Lingchuan Technology | Lingchuan Technology is a high-tech enterprise focusing on transcoding/AI chip research and development. |  | Series A | Jun 23, 2026 |  |
| Taiyi Quantum | Taiyi Quantum is dedicated to encouraging innovation in the distribution and implementation of quantum computing technology, as well as developing sophisticated quantum algorithms and delivering tailored computing solutions for businesses and research institutes. | $44.4M | Seed | Jun 17, 2026 |  |
| Ruoban Technology | Ruoban Technology, an embodied intelligence firm, is focused on the study and development of intelligent robots for unstructured household scenarios. |  | Seed | Jun 02, 2026 |  |
| Huizhi International Tourism | Huizhi International Tourism provides digital marketing services as well as dissemination of hotel resources abroad. | $29.4M | Series C | May 22, 2026 |  |

10 of 161 investments shown.

## Co-investors
- [Legend Star](https://shizune.co/investors/profile/legendstar) — VC Fund, 7 deals together
- [Fortune Venture Capital](https://shizune.co/investors/profile/fortune-venture-capital) — VC Fund, 4 deals together
- [GF Xinde Investment Management](https://shizune.co/investors/profile/gf-xinde-investment-management) — VC Fund, 4 deals together
- [Puhua Capital](https://shizune.co/investors/profile/puhua-capital) — VC Fund, 4 deals together
- [Shunwei Capital](https://shizune.co/investors/profile/shunwei-china-internet-fund) — VC Fund, 4 deals together
- [Ameba Capital](https://shizune.co/investors/profile/ameba-capital) — VC Fund, 3 deals together

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## FAQ

### What does QF Capital invest in?

QF Capital invests primarily in Artificial Intelligence, E-Commerce and Software startups, most often at Series A and Angel stage. Most of the 161 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is QF Capital's check size?

QF Capital typically joins rounds of $1.4M–$15M at Seed, $425k–$14M at Angel and $1.4M–$20M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds QF Capital participates in.

### How do I contact QF Capital?

Public channels for QF Capital include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at QF Capital?

The team at QF Capital includes Changzhen Wang (Co-Founding Partner), Fang Yanyan (Chief Investment Officer) and Song Chang (Partner). The Team section lists each member with their title, investment count and links.

### 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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