ZhenFund
VC Fund
Beijing, China
ZhenFund is a seed fund founded by former entrepreneurs to invest in the most promising innovators. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established ZhenFund in 2011 in collaboration with Sequoia Capital China. ZhenFund now has a network of over 800 portfolio companies, including over 30 unicorns based in China. Webelieve that great businesses start with exceptional founding teams. We are dedicated to helping our entrepreneurs build successful companies by providing them with mentorship and the best resources available. Some of our services include biannual demo days to top Chinese VCs, ZhenHR services, marketing and PR consulting, as well as fundraising. Our strong and large CEO network also facilitates entrepreneurs helping each other, especially via our WeChat platform. ZhenFund has been ranked as the “#1 Early-Stage Investment Firm” for six years. Bob Xiaoping Xu, Founder of ZhenFund, has been named on the Midas List since 2016 and ranked #11 in 2019. Anna Fang, Founding Partner and CEO of ZhenFund, has been named on the Midas List since 2019 and made her 4th appearance as #12, and #1 on Midas Seed List in 2022.
- Total investments:
- 404
- Last investment:
- Lead investor:
- 17%
- Fund size:
- $130M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries ZhenFund invests in
Stages ZhenFund invests in
Countries ZhenFund invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $650k–$20M
- Angel
- $425k–$21M
- Series A
- $1.4M–$23M
Investment Focus
Industry
- Artificial Intelligence 59 (15%)
- Software 48 (12%)
- E-Commerce 38 (9%)
- Internet 29 (7%)
- Information Technology 26 (6%)
Stage
- Series A 115 (28%)
- Seed 110 (27%)
- Angel 57 (14%)
- Series B 57 (14%)
- Series C 17 (4%)
Country
- China 222 (55%)
- United States 61 (15%)
- Singapore 10 (2%)
- Hong Kong 7 (2%)
- Japan 1 (0%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
|
Bob Xiaoping Xu
Founding Partner
|
Founding Partner | Total investments: 26 | Find email | |
|
Emma Yin
Partner
|
Partner | Total investments: 1 | Find email | |
|
Tianyi Qin
Principal
|
Principal | Total investments: 1 | Find email | |
|
Anna Fang
Founding Partner
|
Founding Partner | Total investments: 3 | Find email | |
|
Cyriac Roeding
Limited Investor
|
Limited Investor | Total investments: 12 | Find email | |
| See all 14 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
|
Wujie Kaiwu
|
Wujie Kaiwu is a quantum-computing company providing photonic quantum-computing systems, cloud access, and development tools for research institutions, universities, and commercial customers. | Angel / Aug 05, 2026 | |
|
MatraVolt
|
MatraVolt is a rising star in the technological market, concentrating on innovative energy materials technology. | Angel / Aug 03, 2026 | |
|
Valhalla Technology
|
Valhalla Tech develops full-modal molecular world models to engineer novel proteins, nucleic acids, and small molecules from scratch. The platform integrates generative artificial intelligence with automated high-throughput experimental testing to accelerate molecular and biomolecular design. Its core technology operates across multiple molecularmodalities to simulate complex physical and chemical interactions. The enterprise applies these computational frameworks to solve challenges in drug discovery, therapeutics, and broader scientific research. | $7.4M / Seed / Jul 28, 2026 | |
|
|
Archon Robotics builds a Humanoid Foundation Model (HFM) for whole-body intelligence. | Seed / Jun 29, 2026 | |
|
Jiangxian Technology
|
Jiangxian Technology is a company focused on embodied intelligence, a field that integrates artificial intelligence with physical systems such as robots and smart devices, enabling machines to perceive, learn from, and interact with the real world in a more human-like and adaptive manner across applications like automation, healthcare, and advancedmanufacturing. | Seed / Jun 11, 2026 | |
|
Jiangxian Technology
|
Jiangxian Technology is a company focused on embodied intelligence, a field that integrates artificial intelligence with physical systems such as robots and smart devices, enabling machines to perceive, learn from, and interact with the real world in a more human-like and adaptive manner across applications like automation, healthcare, and advancedmanufacturing. | $73.4M / Angel / May 15, 2026 | |
|
Uncharted Dynamics
|
Uncharted Dynamics offers an embodied intelligence infrastructure for simulation systems. | Seed / May 10, 2026 | |
|
Natural will
|
Natural will is an intelligent robot developer that focuses on the research, development, manufacturing, sales and technical services of intelligent robots. | Angel / Apr 27, 2026 | |
|
|
Lobster Travel is a Chinese AI-powered travel company that streamlines bookings and planning. | $14.7M / Angel / Apr 17, 2026 | |
|
Jiangxian Technology
|
Jiangxian Technology is a company focused on embodied intelligence, a field that integrates artificial intelligence with physical systems such as robots and smart devices, enabling machines to perceive, learn from, and interact with the real world in a more human-like and adaptive manner across applications like automation, healthcare, and advancedmanufacturing. | Angel / Mar 26, 2026 | |
| See all 404 investments → | |||
Co-Investors
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FAQ
What does ZhenFund invest in?
ZhenFund invests primarily in Artificial Intelligence, Software and E-Commerce startups, most often at Series A and Seed stage. Most of the 404 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is ZhenFund's check size?
ZhenFund typically joins rounds of $650k–$20M at Seed, $425k–$21M at Angel and $1.4M–$23M 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 ZhenFund participates in.
How do I contact ZhenFund?
Public channels for ZhenFund include LinkedIn, X (Twitter) 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 ZhenFund?
The team at ZhenFund includes Bob Xiaoping Xu (Founding Partner), Emma Yin (Partner) and Tianyi Qin (Principal), among 14 team members tracked by Shizune. 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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