ZhenFund

Founded 2011
Founders Bob Xiaoping Xu Victor Wang

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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.
Total investments 687
Average round size
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The average size of a deal this fund participated in
$7M
Portfolio companies 414
Rounds per year 41.40
Lead investments 113
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.33
Exits 46
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Artificial Intelligence
  • E-Commerce
  • Education
  • Internet
  • Software
Summary

In 2011 was created ZhenFund, which is appeared as VC. The fund was located in Asia if to be more exact in China. The leading representative office of defined VC is situated in the Beijing.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the ZhenFund, startups are often financed by GGV Capital, Matrix Partners China, GSR Ventures. The meaningful sponsors for the fund in investment in the same round are Y Combinator, Shunwei Capital, Bertelsmann Asia Investments. In the next rounds fund is usually obtained by Blue Lake Capital AG, Vision Plus Capital, DCM Ventures.

The fund was created by Bob Xiaoping Xu, Victor Wang. We also calculated 7 valuable employees in our database.

When the investment is from ZhenFund the average startup value is 500 millions - 1 billion dollars. The top amount of exits for fund were in 2019. Opposing the other organizations, this ZhenFund works on 25 percentage points less the average amount of lead investments. Deals in the range of 10 - 50 millions dollars are the general things for fund. The top activity for fund was in 2018. Speaking about the real fund results, this VC is 2 percentage points less often commits exit comparing to other organizations. The fund is constantly included in 25-48 deals per year.

Among the most successful fund investment fields, there are Artificial Intelligence, Software. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Vipkid, UCommune, Xiaohongshu. For fund there is a match between the country of its foundation and the country of its the most frequent investments - China. The fund has no specific favorite in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little.

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Notable deals

CompanyIndustryRoundRound SizeDateInvestorsLocation

CellX

Agriculture
Biotechnology
Food and Beverage
Seed
15 Mar 2021 China, Hangzhou

Seed
14M11 Mar 2021

Saibo Kunlun

Seed
10 Mar 2021
China, Dongcheng District

Seed
01 Mar 2021

Seed
24 Feb 2021

Construction
Software
Seed
1M12 Jan 2021 China, Shanghai

Muxi

Electronics
Finance
Financial Exchanges
Financial Services
Payments
Early Stage Venture
43M30 Dec 2020 Brazil, Rio de Janeiro

X-EPIC

Electronics
Semiconductor
Early Stage Venture
30M09 Dec 2020 China, Nanjing

Vastai Technologies

Electronics
Semiconductor
Early Stage Venture
50M30 Nov 2020 China, Shanghai
News
Delonix Bioworks Closes $14 Million Series Seed Financing to Accelerate the Development of its Innovative Synthetic Vaccines
– Delonix Bioworks has closed a $14m Series Seed financing to accelerate the development of its innovative synthetic vaccines. – The financing was led by Boehringer Ingelheim Venture Fund and IDG Capital with participation from ZhenFund and an undisclosed investor. – The financing will be used to accelerate the building of synthetic biology vaccine platforms and advance pipelines of synthetic vaccines to clinical trials. – Delonix is working on innovative synthetic biology approaches to develop the next ge... Read more
How China’s synthetic media startup Surreal nabs funding in 3 months
– Surreal, a China-based AI startup, raised $2-3m in seed funding. – The round was led by Sequoia China and ZhenFund. – The company is merely three months old but has already secured a seed round of $2-3 million from two prominent investors, Sequoia China and ZhenFund. – Surreal received nearly 10 investment offers in this round, as investors jostled to bet on a future shaped by AI-generated content. Read more

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