ZhenFund

ZhenFund is a Chinese venture capital firm focusing on early-stage investments across multiple sectors. We are inspired by visionary entrepreneurs and appreciate the opportunity to stand beside them to reimagine the future.

About ZhenFund¶

ZhenFund is a Chinese venture capital firm focusing on early-stage investments across multiple sectors. We are inspired by visionary entrepreneurs and appreciate the opportunity to stand beside them to reimagine the future.

For the past decade, ZhenFund has backed bold startups including RedNote, Waterdrop, Yatsen, Tiger Brokers, Niu Technologies, LightInTheBox, 51Talk, Ucommune, Jumei International, and Jiayuan.com.

Bob Xiaoping Xu, ZhenFund’s founder, has been on Forbes Magazine’s Midas List for five consecutive years. In 2019, he was ranked #11 in the world. ZhenFund’s CEO and founding partner, Anna Fang, has also spent six years on Forbes’ Midas List and in 2022, was not only ranked #12 overall, she was also the #1 woman on the list. That same year, she headed Forbes’ inaugural Midas Seed List for building “the world’s best seed-stage startup portfolio.”

ZhenFund’s managing partner, Yusen Dai, co-founded Jumei International and led the company's growth from its earliest stages to IPO. Most of ZhenFund's investment team members also have firsthand experience in startup operations.

Headquartered in Beijing, China, ZhenFund also has offices in Shanghai and Shenzhen.

Manifesto¶

ZhenFund believes in innovation, in bold adventures and in the exceptional singularity of visionary entrepreneurs.
As visionaries, they are prescient, often keener at detecting opportunities than even the most seasoned investors.
They understand real market needs and deliver extraordinary products.
We believe in perseverance, and the compounding effects that result from the relentless pursuit of progress.
We believe in boundless ambition and the courage to defy giants.
We believe the essential skills for creating a successful startup can only be gained through the journey.
We believe that failure mothers success, and success generates greatness.
We believe in youth and in technology’s might.
We believe in the ability to build things and execute quickly.
We believe that done is better than perfect.
We believe in honesty, authenticity and equal dialogue.
We believe in humility, constant iteration and improvement.
We believe in team work, co-founders and fair shares.
We believe the best investors are those who make decisions quickly, provide friendly terms and, most importantly, stay loyal to founders.
We believe investors should help, not hinder; assist, not advise; suggest, not suppress.
We believe the best way to predict the future is to create it yourself.
And that’s what we’ve done for more than a decade.
Join us!