Fund Details
Overview
Investment portfolio
11rounds
| NAME | DATE | SIZE | |
|---|---|---|---|
Neolix | Oct 2025Participated | $600 MSeries D | |
Student.com | Feb 2019Led | $10 MSeries C | |
Linklogis | Oct 2018Participated | $220 MSeries C | |
JD Finance | Jul 2018Participated | $1.9 BOther Equity | |
Organica Water | Feb 2018Led | $21 MSeries D | |
Aerospace Environment | May 2017Led | $17 MSeries B | |
Baofeng Mojing | Jan 2016Led | $35 MOther Equity | |
ELEME | Aug 2015Led | $630 MSeries F | |
Xiaozhu.com | Jul 2015Participated | $60 MSeries C | |
Cheyipai | Mar 2015Participated | $110 MSeries D | |
Cheyipai | Feb 2014Participated | $50 MOther Equity | |
Neolix | Oct 2025Participated | $600 MSeries D | |
Student.com | Feb 2019Led | $10 MSeries C | |
Linklogis | Oct 2018Participated | $220 MSeries C | |
JD Finance | Jul 2018Participated | $1.9 BOther Equity | |
Organica Water | Feb 2018Led | $21 MSeries D | |
Aerospace Environment | May 2017Led | $17 MSeries B | |
Baofeng Mojing | Jan 2016Led | $35 MOther Equity | |
ELEME | Aug 2015Led | $630 MSeries F | |
Xiaozhu.com | Jul 2015Participated | $60 MSeries C | |
Cheyipai | Mar 2015Participated | $110 MSeries D | |
Cheyipai | Feb 2014Participated | $50 MOther Equity |
11 Items
11
Items
Insights
Time horizon
View by
Deal Distribution
| Round type | Led deals | Participated deals |
|---|---|---|
| Series B | 1 | 0 |
| Series C+ | 3 | 4 |
| Other Equity | 1 | 2 |
Monthly Deal Activity
| Month | Deals |
|---|---|
| Feb '14 | 1 |
| Mar '14 | 0 |
| Apr '14 | 0 |
| May '14 | 0 |
| Jun '14 | 0 |
| Jul '14 | 0 |
| Aug '14 | 0 |
| Sep '14 | 0 |
| Oct '14 | 0 |
| Nov '14 | 0 |
| Dec '14 | 0 |
| Jan '15 | 0 |
| Feb '15 | 0 |
| Mar '15 | 1 |
| Apr '15 | 0 |
| May '15 | 0 |
| Jun '15 | 0 |
| Jul '15 | 1 |
| Aug '15 | 1 |
| Sep '15 | 0 |
| Oct '15 | 0 |
| Nov '15 | 0 |
| Dec '15 | 0 |
| Jan '16 | 1 |
| Feb '16 | 0 |
| Mar '16 | 0 |
| Apr '16 | 0 |
| May '16 | 0 |
| Jun '16 | 0 |
| Jul '16 | 0 |
| Aug '16 | 0 |
| Sep '16 | 0 |
| Oct '16 | 0 |
| Nov '16 | 0 |
| Dec '16 | 0 |
| Jan '17 | 0 |
| Feb '17 | 0 |
| Mar '17 | 0 |
| Apr '17 | 0 |
| May '17 | 1 |
| Jun '17 | 0 |
| Jul '17 | 0 |
| Aug '17 | 0 |
| Sep '17 | 0 |
| Oct '17 | 0 |
| Nov '17 | 0 |
| Dec '17 | 0 |
| Jan '18 | 0 |
| Feb '18 | 1 |
| Mar '18 | 0 |
| Apr '18 | 0 |
| May '18 | 0 |
| Jun '18 | 0 |
| Jul '18 | 1 |
| Aug '18 | 0 |
| Sep '18 | 0 |
| Oct '18 | 1 |
| Nov '18 | 0 |
| Dec '18 | 0 |
| Jan '19 | 0 |
| Feb '19 | 1 |
| Mar '19 | 0 |
| Apr '19 | 0 |
| May '19 | 0 |
| Jun '19 | 0 |
| Jul '19 | 0 |
| Aug '19 | 0 |
| Sep '19 | 0 |
| Oct '19 | 0 |
| Nov '19 | 0 |
| Dec '19 | 0 |
| Jan '20 | 0 |
| Feb '20 | 0 |
| Mar '20 | 0 |
| Apr '20 | 0 |
| May '20 | 0 |
| Jun '20 | 0 |
| Jul '20 | 0 |
| Aug '20 | 0 |
| Sep '20 | 0 |
| Oct '20 | 0 |
| Nov '20 | 0 |
| Dec '20 | 0 |
| Jan '21 | 0 |
| Feb '21 | 0 |
| Mar '21 | 0 |
| Apr '21 | 0 |
| May '21 | 0 |
| Jun '21 | 0 |
| Jul '21 | 0 |
| Aug '21 | 0 |
| Sep '21 | 0 |
| Oct '21 | 0 |
| Nov '21 | 0 |
| Dec '21 | 0 |
| Jan '22 | 0 |
| Feb '22 | 0 |
| Mar '22 | 0 |
| Apr '22 | 0 |
| May '22 | 0 |
| Jun '22 | 0 |
| Jul '22 | 0 |
| Aug '22 | 0 |
| Sep '22 | 0 |
| Oct '22 | 0 |
| Nov '22 | 0 |
| Dec '22 | 0 |
| Jan '23 | 0 |
| Feb '23 | 0 |
| Mar '23 | 0 |
| Apr '23 | 0 |
| May '23 | 0 |
| Jun '23 | 0 |
| Jul '23 | 0 |
| Aug '23 | 0 |
| Sep '23 | 0 |
| Oct '23 | 0 |
| Nov '23 | 0 |
| Dec '23 | 0 |
| Jan '24 | 0 |
| Feb '24 | 0 |
| Mar '24 | 0 |
| Apr '24 | 0 |
| May '24 | 0 |
| Jun '24 | 0 |
| Jul '24 | 0 |
| Aug '24 | 0 |
| Sep '24 | 0 |
| Oct '24 | 0 |
| Nov '24 | 0 |
| Dec '24 | 0 |
| Jan '25 | 0 |
| Feb '25 | 0 |
| Mar '25 | 0 |
| Apr '25 | 0 |
| May '25 | 0 |
| Jun '25 | 0 |
| Jul '25 | 0 |
| Aug '25 | 0 |
| Sep '25 | 0 |
| Oct '25 | 1 |
| Nov '25 | 0 |
| Dec '25 | 0 |
| Jan '26 | 0 |
| Feb '26 | 0 |
| Mar '26 | 0 |
| Apr '26 | 0 |
| May '26 | 0 |
| Jun '26 | 0 |
| Jul '26 | 0 |
| Aug '26 | 0 |
| Sep '26 | 0 |
| Oct '26 | 0 |
Sector Breakdown
A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.
| Sector | Deals |
|---|---|
| E-Commerce & Retail | 5 |
| Networks, Cloud & Communication | 4 |
| Transportation & Logistics | 4 |
| Fintech | 2 |
| Professional Services | 2 |
| Clean Energy & Sustainability | 2 |
| Crypto & Blockchain | 1 |
| Enterprise Software | 1 |
| Manufacturing | 1 |
| Media & Entertainment | 1 |
| AI & Machine Learning | 1 |
| Real Estate & Construction | 1 |
Deal Size Distribution
Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.
| Round size band (USD) | Deals |
|---|---|
| <$5M | 0 |
| $5M-$10M | 0 |
| $10M-$25M | 3 |
| $25M-$50M | 1 |
| $50M-$100M | 2 |
| $100M-$250M | 2 |
| $250M-$500M | 0 |
| $500M-$1B | 2 |
| $1B+ | 1 |
Deals By Geography
Top 3 of 3 regions; European countries are grouped as Europe.
| Region | Deals |
|---|---|
| China | 9 |
| United States | 1 |
| Europe | 1 |
Co-Investors
Bubble size = shared deals
Click a bubble to open that fund in a new tab.
Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.
| Co-investor | Shared deals |
|---|---|
| Sequoia Capital | 3 |
| Morningside Ventures | 2 |
| Tencent | 2 |
| Aishide | 1 |
| BAI Capital | 1 |
| Baofeng Technology | 1 |
| Baofeng Xinyuan | 1 |
| Beijing Artificial Intelligence Industry Investment Fund | 1 |
| CDH Investments | 1 |
| China Oceanwide Capital | 1 |
| Gamma Capital Partners | 1 |
| Gaocheng Capital | 1 |
| Gaorong Capital | 1 |
| GIC | 1 |
| GLP | 1 |
| Hanhai Information Technology | 1 |
| Heyu Capital | 1 |
| Hualian | 1 |
| Huayi Brothers | 1 |
| Idinvest Partners | 1 |
Investment Strategy
| Category | Deals (count) | Share (%) |
|---|---|---|
| Led | 5 | 45% |
| Participating | 6 | 55% |
| Category | Deals (count) | Share (%) |
|---|---|---|
| Single-lead | 4 | 80% |
| Co-led | 1 | 20% |
Team
Alice Zhang
Senior Associate
Lei Zhao
Senior Managing Director
Zhang Yichen
Founder, Chief Executive Officer
