ZhenFund

ZhenFund, established in 2011, is a prominent seed fund and venture capital firm headquartered in Beijing, with additional offices in Shenzhen, Shanghai, and Silicon Valley. Co-founded by Bob Xiaoping Xu and Victor Qiang Wang, former entrepreneurs and co-founders of New Oriental, ZhenFund invests in early-stage, innovative companies across sectors such as e-commerce, education, AI, and fintech. With a network of over 800 portfolio companies, including more than 30 unicorns, ZhenFund provides mentorship, resources, and facilitates networking among entrepreneurs to help build successful businesses. The firm has been recognized as the top early-stage investment firm for six consecutive years, with its founders, Bob Xu and Anna Fang, consistently ranked on the Midas List.

Grace Gu

Principal and Head of Eastern China

Yuan Liu

Partner

Tianyi Qin

Principal

Lulu Sun

VP

Yuguang Sun

Investment Associate

Terry Wang

Venture Partner

Debbie Wang

VP

Fangzhou Yao

Managing Director

Li Yi

Investment Associate

Emma Yin

Partner

Meng Yuan

Investment Associate

Jack Zheng

Managing Partner

Past deals in Design

Liwen Institute

Seed Round in 2022
Liwen Institute is a protein design service provider.

Yahaha

Series A in 2021
Yahaha is a platform designed for the creation and operation of interactive, real-time 3D content, primarily focused on metaverse games. It enables both developers and players to create their own games using a user-friendly, code-free interface. Yahaha's tools and templates are tailored for creators of all skill levels, ensuring that even those with no prior experience in 3D game development can bring their ideas to life. The platform fosters a vibrant social community where users can share their creations, play games developed by others, and engage in collaborative experiences. Yahaha streamlines the processes of creation, testing, distribution, and monetization, significantly lowering the barriers traditionally associated with 3D content production.

Yahaha

Series A in 2020
Yahaha is a platform designed for the creation and operation of interactive, real-time 3D content, primarily focused on metaverse games. It enables both developers and players to create their own games using a user-friendly, code-free interface. Yahaha's tools and templates are tailored for creators of all skill levels, ensuring that even those with no prior experience in 3D game development can bring their ideas to life. The platform fosters a vibrant social community where users can share their creations, play games developed by others, and engage in collaborative experiences. Yahaha streamlines the processes of creation, testing, distribution, and monetization, significantly lowering the barriers traditionally associated with 3D content production.

Banlan Information Technology (Shanghai)

Series B in 2020
Banlan Information Technology (Shanghai) Co., Ltd. is a Chinese company focused on enhancing the home design process. It offers designers a comprehensive design material library and execution tools specifically for soft decoration. Additionally, the company plays a pivotal role in the transformation and upgrading of the home furnishings manufacturing industry, providing innovative solutions to improve efficiency and creativity within this sector. Through its offerings, Banlan aims to support designers in creating aesthetically pleasing and functional living spaces.

Reworld

Series B in 2020
Reworld is a platform offering training and IT tools that allow users to design their own videogames.

Reworld

Series A in 2019
Reworld is a platform offering training and IT tools that allow users to design their own videogames.

InDeco China

Series B in 2019
InDeco China, founded in 2016 and headquartered in Beijing, is a commercial office decoration solution provider that modernizes the traditional decoration industry. The company offers comprehensive services, including space design, material selection, product sourcing, and construction process management, utilizing an integrated approach that leverages Internet-based thinking. InDeco aims to streamline the decoration process, enabling clients to efficiently transform their spaces while ensuring quality and consistency throughout each project.

Meipian

Series B in 2018
Meipian is a Chinese social media application that enables authors and editors to easily create and enhance images and posts for platforms like WeChat and Weibo. The application provides users with tools to incorporate text, images, videos, and music into their content, allowing for the efficient generation of illustrative articles. Meipian's user-friendly interface supports drag-and-drop functionality, making it accessible for individuals to import and edit graphics without the need for extensive design skills. Its focus on long-form graphic creation helps streamline the editing process, making it an effective tool for content creators looking to enhance their visual storytelling.

Meipian

Venture Round in 2018
Meipian is a Chinese social media application that enables authors and editors to easily create and enhance images and posts for platforms like WeChat and Weibo. The application provides users with tools to incorporate text, images, videos, and music into their content, allowing for the efficient generation of illustrative articles. Meipian's user-friendly interface supports drag-and-drop functionality, making it accessible for individuals to import and edit graphics without the need for extensive design skills. Its focus on long-form graphic creation helps streamline the editing process, making it an effective tool for content creators looking to enhance their visual storytelling.

Banlan Information Technology (Shanghai)

Series A in 2018
Banlan Information Technology (Shanghai) Co., Ltd. is a Chinese company focused on enhancing the home design process. It offers designers a comprehensive design material library and execution tools specifically for soft decoration. Additionally, the company plays a pivotal role in the transformation and upgrading of the home furnishings manufacturing industry, providing innovative solutions to improve efficiency and creativity within this sector. Through its offerings, Banlan aims to support designers in creating aesthetically pleasing and functional living spaces.

InDeco China

Series A in 2018
InDeco China, founded in 2016 and headquartered in Beijing, is a commercial office decoration solution provider that modernizes the traditional decoration industry. The company offers comprehensive services, including space design, material selection, product sourcing, and construction process management, utilizing an integrated approach that leverages Internet-based thinking. InDeco aims to streamline the decoration process, enabling clients to efficiently transform their spaces while ensuring quality and consistency throughout each project.

Meipian

Series A in 2017
Meipian is a Chinese social media application that enables authors and editors to easily create and enhance images and posts for platforms like WeChat and Weibo. The application provides users with tools to incorporate text, images, videos, and music into their content, allowing for the efficient generation of illustrative articles. Meipian's user-friendly interface supports drag-and-drop functionality, making it accessible for individuals to import and edit graphics without the need for extensive design skills. Its focus on long-form graphic creation helps streamline the editing process, making it an effective tool for content creators looking to enhance their visual storytelling.

Meipian

Venture Round in 2017
Meipian is a Chinese social media application that enables authors and editors to easily create and enhance images and posts for platforms like WeChat and Weibo. The application provides users with tools to incorporate text, images, videos, and music into their content, allowing for the efficient generation of illustrative articles. Meipian's user-friendly interface supports drag-and-drop functionality, making it accessible for individuals to import and edit graphics without the need for extensive design skills. Its focus on long-form graphic creation helps streamline the editing process, making it an effective tool for content creators looking to enhance their visual storytelling.

Banlan Information Technology (Shanghai)

Seed Round in 2017
Banlan Information Technology (Shanghai) Co., Ltd. is a Chinese company focused on enhancing the home design process. It offers designers a comprehensive design material library and execution tools specifically for soft decoration. Additionally, the company plays a pivotal role in the transformation and upgrading of the home furnishings manufacturing industry, providing innovative solutions to improve efficiency and creativity within this sector. Through its offerings, Banlan aims to support designers in creating aesthetically pleasing and functional living spaces.

Banlan Information Technology (Shanghai)

Seed Round in 2017
Banlan Information Technology (Shanghai) Co., Ltd. is a Chinese company focused on enhancing the home design process. It offers designers a comprehensive design material library and execution tools specifically for soft decoration. Additionally, the company plays a pivotal role in the transformation and upgrading of the home furnishings manufacturing industry, providing innovative solutions to improve efficiency and creativity within this sector. Through its offerings, Banlan aims to support designers in creating aesthetically pleasing and functional living spaces.

Meipian

Series A in 2017
Meipian is a Chinese social media application that enables authors and editors to easily create and enhance images and posts for platforms like WeChat and Weibo. The application provides users with tools to incorporate text, images, videos, and music into their content, allowing for the efficient generation of illustrative articles. Meipian's user-friendly interface supports drag-and-drop functionality, making it accessible for individuals to import and edit graphics without the need for extensive design skills. Its focus on long-form graphic creation helps streamline the editing process, making it an effective tool for content creators looking to enhance their visual storytelling.

Arting365

Seed Round in 2017
Arting365 is a media platform that focuses on the influence of global design.

Zhihui Yunjiaoyu

Angel Round in 2016
Zhihui Yunjiaoyu is an online graphic design training institute.

To Show

Angel Round in 2015
To Show provides software to create all kinds of graffiti works online.

To Show

Seed Round in 2015
To Show provides software to create all kinds of graffiti works online.

TD Brand

Angel Round in 2015
A one-stop service platform for brands to design, produce, market and sell products to consumers in China.

Virtroid

Seed Round in 2015
Virtroid is a technology company specializing in three-dimensional (3D) applications designed to facilitate the creation of photorealistic 3D content. By leveraging virtual reality and augmented reality, Virtroid enhances the real estate search and interior design experience, making it more accessible and enjoyable for users. The company's innovative solutions allow clients to visualize how various products, such as furniture and flooring, will appear in their own spaces in real time, utilizing high-quality 3D models. This approach transforms the way individuals interact with their environments, ultimately streamlining the decision-making process in home design and real estate.

Modelo

Seed Round in 2015
Modelo Inc., headquartered in Cambridge, Massachusetts, specializes in developing communication platforms tailored for the architecture, engineering, and construction industries. The company's core offering is an online platform that enables users to publish, share, and collaborate on three-dimensional designs. This platform facilitates the presentation of CAD files in 3D and virtual reality, along with panoramic image tours. It also integrates building information modeling data, allowing for connected workflows, design asset management, reviews, and interactive client presentations. By centralizing digital file storage and access, Modelo streamlines project communication and accelerates the design process for users of CAD software.

Zaozuo

Series A in 2014
Zaozuo is a Chinese company that specializes in designing and manufacturing modern furniture products. Its offerings include a range of items such as the New Deep Sea Sleeping Mattress, Minimalist Soft beds, and Half Moon Bay Smart Electric Beds. In addition to these products, Zaozuo also provides log wall hanging boxes, along with online shopping and delivery services. The company aims to enhance the creativity and quality of household furniture, catering to a diverse clientele seeking contemporary design solutions.

Taihuoniao

Seed Round in 2014
Taihuoniao operates an online B2B platform aimed at facilitating connections between designers and consumers. The platform provides deal-matching services and design product management tools, enabling businesses to efficiently find professional design services at competitive prices. It is dedicated to helping designers monetize their skills while assisting consumers in discovering innovative and appealing designs. Through its user-friendly interface, Taihuoniao streamlines the process of sourcing design solutions, promoting a marketplace that benefits both creators and clients.

Hortor

Series A in 2013
Beijing Hortor Soft Co., Ltd. is a company specializing in the development and marketing of mobile games and integrated publishing solutions, particularly within the fashion industry. Founded in 2011 and based in Beijing, China, Hortor offers innovative applications such as "Crazy Guess Figure," "Fashion Assistant," and "Digital Fair," which have gained popularity in mobile app rankings. The company maintains strong partnerships with various media groups and has established itself as a key player in providing mobile publishing solutions, especially for clients in the Chinese market. With a focus on combining fashion insights and content production expertise, Hortor aims to address specific needs within the garment sector, including streamlining order-placing processes for enterprises.
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