Qiming Venture Partners

Headquarters Location

China, Shanghai

About

Qiming Venture Partners was established in 2006, and is a well known VC. The fund is located in China, Asia. The main office of this VC is situated in Shanghai.

Besides the listed founders, we have found 12 key employees of this fund in our database.

The fund generally invests in 25-48 deals every year. When Qiming Venture Partners invests, the average start-up valuation is more than 1 billion dollars. Deals in the range of 10 - 50 millions dollars are most common for this fund. The most exits for the fund occurred in 2018. This fund was the most active in 2018. Additionally, in 2019 the fund was active. The fund performance shows that this VC achieves 5 percentage points more exits in comparison to other VCs. Qiming Venture Partners is involved in 21 percentage points less than the average amount of lead investments when compared with other funds.

The fund usually invests in rounds together with 2-3 others. Aside from Qiming Venture Partners, start-ups are often funded by K2VC, China Growth Capital, Kleiner Perkins and 110 other funds. Other VCs who often invest in the same rounds are TF Capital, Northern Light Venture Capital, Kleiner Perkins, the total number of co-investors is 139. The investors in the following rounds are usually Matrix Partners China, Goldman Sachs, GGV Capital, and 96 VCs in total.

The country of its foundation and the country of its most frequent investments coincides - China. Besides this, the fund also invested in 5 other countries. Among the most popular investment industries for the fund are Internet, Biotechnology. However, the fund’s focus is not limited to this, since there are 67 more areas of investment. Moreover, a start-up needs to be 4-5 years old to get investment from this fund. The fund has specific requirements for the number of founders in a start-up. When a start-up has 4 founders, the probability of closing the deal is low. Among the most popular portfolio start-ups of the fund, are Xiaomi, Meituan-Dianping, ChinaCache.

Year Founded

2006

Fund Activity

Operative

Mail Rule [rules by which you can get an email of an interesting for you fund employee, knowing only the name and surname of this employee]

Domain name: qimingvc.com; User name format in descending order of probability: first, first_initial last, first '.' last, first last, last first_initial

Group Appearance [how often fund is operating separately from groups with shared interest]

86.9% of cases

Investments per Year [average amount of rounds in which fund participates each year]

>24

Follow-on Index [how often fund is ready to support its portfolio startup at next rounds]

36.8% of cases

Average Multiplicator [the average ratio of the last valuation of portfolio startups to their total amount of financing raised]

x8.6

Average Portfolio Company
Exit Age [the average age of portfolio startups at which they go public or become acquired]

8.3 years

Success / Strategy Similarity
Index [the matching between fund's investment strategy and its proved successes in the form of portfolio startups high valuations]

0.33 out of 1

Number of Unicorns [amount of portfolio companies, which were valuated at more then $1B]

26

Number of Decacorns [amount of portfolio companies, which were valuated at more then $10B]

2

Number of Minotaurs [amount of portfolio companies, which raised more then $1B in total]

3

Funds Investing in Previous
Rounds

K2VC, China Growth Capital, Kleiner Perkins

Funds Investing Together

TF Capital, Northern Light Venture Capital, Kleiner Perkins

Funds Investing in Following
Rounds

Matrix Partners China, Goldman Sachs, GGV Capital