ZhenFund

ZhenFund is a Beijing-based venture capital firm founded in 2011 by New Oriental co-founders Bob Xu and Victor Wang. It is considered one of the largest angel investors in China.

Background
In 2011, Bob Xu and Victor Wang established ZhenFund as a firm in collaboration with Sequoia Capital China. Xu and Wang previously co-founded New Oriental, one of the largest education conglomerates in China. Zhenfund was originally a personal investment vehicle for the duo that was set up in 2007.

The firm invests in various industry fields such as the internet, technology, artificial intelligence, corporate services, healthcare and education.

Offices
ZhenFund is headquartered in Beijing with additional offices in Shanghai, Shenzhen and Palo Alto.

Notable investments

 * Blueseed
 * EHang
 * Jiayuan.com
 * LightInTheBox
 * Mobvoi
 * Momenta
 * Niu Technologies
 * Ofo
 * Ucommune
 * Woyingzhichang
 * VIPKid
 * Xiaohongshu