ZhenFund

Founded in 2011, ZhenFund is a seed fund and venture capital firm based in Beijing, China with additional offices in Shenzhen, Shanghai and Silicon Valley. New Oriental co-founders Bob Xiaoping Xu and Victor Qiang Wang established the firm in collaboration with Sequoia Capital China. The firm seeks to invest in the e-commerce, consumption, education, artificial intelligence, enterprise service, mobile internet, media, entertainment and sports, virtual reality, fintech, and healthcare sectors.