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Qingsong Fund

Founders Wei Su Xiaosong Liu Zhanbin Dong

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Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 120
Average round size
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The average size of a deal this fund participated in
$10M
Portfolio companies 107
Rounds per year 10.00
Lead investments 28
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.10
Exits 5
Key employees Soon
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Education
  • Internet
  • Software
  • Health Care
  • E-Commerce
Summary

In 2012 was created Qingsong Fund, which is appeared as VC. The fund was located in Asia if to be more exact in China. The main department of described VC is located in the Shenzhen.

We can highlight the next thriving fund investment areas, such as Internet, E-Commerce. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 4 or 5+ of the founder, the chance for it to get the investment is meager. For fund there is a match between the location of its establishment and the land of its numerous investments - China. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight YiXue Squirrel AI, Dada, Fangcang.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Qingsong Fund, startups are often financed by Sequoia Capital, United Capital Partners, FREES FUND. The meaningful sponsors for the fund in investment in the same round are Shunwei Capital, QF Capital, Matrix Partners China. In the next rounds fund is usually obtained by Shunwei Capital, IDG Capital, Yonghua Capital.

The top activity for fund was in 2018. The common things for fund are deals in the range of 5 - 10 millions dollars. The typical startup value when the investment from Qingsong Fund is 10-50 millions dollars. Considering the real fund results, this VC is 30 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 2-6 deals per year.

The current fund was established by Wei Su, Xiaosong Liu, Zhanbin Dong.

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Related Funds

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Typical Co-investors
Qingsong Fund is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Qingsong Fund:

Funds with similar focus

Funds from China
Funds with similar focus located in China:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Tongwei New Energy

07 Mar 2024 Shenzhen, Guangdong, China

Volant Aerotech

Aerospace
Air Transportation
Industrial
Manufacturing
$15M05 Mar 2024 -

Dingtai Jiachuang

Electronics
Manufacturing
Usability Testing
22 Jan 2024 Guangming, Hunan, China

Zinger

Autonomous Vehicles
Hardware
Manufacturing
16 Jan 2024 Shenzhen, Guangdong, China

Eccogene

Health Care
$27M12 Jun 2023 Shanghai, China

Suzhou Meichuang

Medical
Medical Device
$15M09 Jun 2023 Suzhou Shi, Jiangsu, China

Bio-Engine

Biotechnology
$46M15 May 2023 Shanghai, China

B&C Chemical

Advanced Materials
Enterprise
Pharmaceutical
$92M19 Apr 2023 -

Ruimeng Semiconductor

Electronics
Enterprise
Semiconductor
20 Mar 2023 Nanshan, Hunan, China

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Total investments 120
Average round size 10M
Rounds per year 10.00
Peak activity year 2018
Lead investments 28
Follow on index 0.10
Exits 5
Group Appearance index 0.59

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Tongwei New Energy

07 Mar 2024 Shenzhen, Guangdong, China

Volant Aerotech

Aerospace
Air Transportation
Industrial
Manufacturing
$15M05 Mar 2024 -

Dingtai Jiachuang

Electronics
Manufacturing
Usability Testing
22 Jan 2024 Guangming, Hunan, China

Zinger

Autonomous Vehicles
Hardware
Manufacturing
16 Jan 2024 Shenzhen, Guangdong, China

Eccogene

Health Care
$27M12 Jun 2023 Shanghai, China

Suzhou Meichuang

Medical
Medical Device
$15M09 Jun 2023 Suzhou Shi, Jiangsu, China

Bio-Engine

Biotechnology
$46M15 May 2023 Shanghai, China

B&C Chemical

Advanced Materials
Enterprise
Pharmaceutical
$92M19 Apr 2023 -

Ruimeng Semiconductor

Electronics
Enterprise
Semiconductor
20 Mar 2023 Nanshan, Hunan, China
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