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ZhenFund
ZhenFund () is a Beijing-based venture capital firm founded in 2011 by New Oriental co-founders Bob Xu and Victor Wang. It is considered one of the largest angel investors in China. Background In 2011, Bob Xu and Victor Wang established ZhenFund as a firm in collaboration with Sequoia Capital China. Xu and Wang previously co-founded New Oriental, one of the largest education Conglomerate (company), conglomerates in China. Zhenfund was originally a personal investment vehicle for the duo that was set up in 2007. The duo brought in Anna Fang as a founding partner shortly after the firm was launched. The firm invests in various industry fields such as the internet, technology, artificial intelligence, corporate services, Healthcare industry, healthcare and education. Offices ZhenFund is headquartered in Beijing with additional offices in Shanghai, Shenzhen and Palo Alto. Notable investments * Blueseed * EHang * Jiayuan.com * LightInTheBox * Mobvoi * Momenta * Niu Technologie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anna Fang (investor)
Anna Fang () is a Chinese venture capitalist. She is the founding partner and CEO of ZhenFund. Biography Fang graduated from Westtown School in 2000, then received her BA from Columbia University in 2004 and received her MBA from Stanford Graduate School of Business in 2010. She started her career as an investment banker at JPMorgan Chase, JPMorgan after graduating from Columbia before working for a Chinese cultural organization in the United Kingdom. After graduating from Stanford, she started at General Electric China in business development before being approached by her Stanford classmate to help Chinese investor Xu Xiaoping launch a new venture capital fund, now known as ZhenFund. Fang has funded more than 30 seed-stage startups that have gone on to be Unicorn (company), unicorns, including the internet platform Xiaohongshu, Horizon Robotics, Huobi, VIPKid, and Nuro. In April 2022, she was named #1 on ''Forbes'' magazine's debut Midas List, Midas Seed List for "building th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Woyingzhichang
Woyingzhichang ( wyzc/ 5win/ 51zhichang) is one of China's largest online IT vocational job training and services firm. In Chinese, the name roughly translates to "winning in the job market." It was founded in 2013 as a spin-off from Uplooking Ltd., an offline school for IT Training based in Beijing with centers spread across nine Chinese cities. 51zhichang secured early backing from angel investor firm ZhenFund and has completed A-Round financing worth more than $5.64 million with support from the venture capital arm of the Chinese Academy of Sciences. In December, 2015, the firm announced a Pre-B round funding of an unspecified amount led by Shanghai Dingfeng Asset Management Co. Currently, the firm has more than 10,000 hours of classroom instruction and more than 380 sets of original programs. It partners with Cisco, Red Hat, and Oracle to offer IT courses on technologies such as iOS Ios, Io or Nio (, ; ; locally Nios, Νιός) is a Greek island in the Cyclades group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mobvoi
Mobvoi Information Technology Company Limited ( zh, first=s, s=出门问问, t=出門問問, p=Chūmén Wènwèn) is a technological company headquartered in Beijing, China that sells and develops consumer electronics and Chinese voice recognition, natural language processing, and vertical search technology in-house. The core team members include ex-Googlers, AI experts, former Nokia employees, engineers and researchers from top universities such as Johns Hopkins, Harvard, MIT, Cambridge, and Tsinghua or top-tier Internet companies such as Yahoo Beijing, Baidu, Tencent, etc. Since inception, Mobvoi has raised 5 rounds of funding led by Sequoia Capital, ZhenFund, SIG, Perfect Optronics Ltd (HK listed), GoerTek (A- Share listed) and Google with total fundraising amount of US$75 million. History Mobvoi was founded in October 2012 by Zhifei Li. In May 2013, Mobvoi released their Voice Search Service featured in the popular messaging app, WeChat. In 2014, Mobvoi launched the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Education
Education is the transmission of knowledge and skills and the development of character traits. Formal education occurs within a structured institutional framework, such as public schools, following a curriculum. Non-formal education also follows a structured approach but occurs outside the formal schooling system, while informal education involves unstructured learning through daily experiences. Formal and non-formal education are categorized into levels, including early childhood education, primary education, secondary education, and tertiary education. Other classifications focus on teaching methods, such as teacher-centered and student-centered education, and on subjects, such as science education, language education, and physical education. Additionally, the term "education" can denote the mental states and qualities of educated individuals and the academic field studying educational phenomena. The precise definition of education is disputed, and there are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ucommune
Ucommune International Ltd. (), formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, Ucommune had completed its D round of financing, securing a valuation of 2.4 billion US dollars. In February 2019, it was reported that the company was seeking to list on the NASDAQ at a valuation of $3 billion. Ucommune has over 300 employees and 400,000 square meters of office space in 160 locations. The company provides community services to its 5,000 member companies and 609,000 individual members worldwide.Hu, Yuanyuan & Chen, Meiling (27 December 2017)Ucommune transforms into community service provider ''Chi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ofo (company)
ofo () was a Beijing-based bicycle sharing company founded in 2014. It used a dockless system with a smartphone app to unlock and locate nearby bicycles, charging an hourly rate for use. In 2017, the ofo company had deployed over 10 million bicycles in 250 cities and 20 countries. The company was valued at up to US$2 billion and had over 62.7 million monthly active users. In 2018, ofo announced massive reduction in operations, including withdrawing from most US cities and from several entire countries. By 2020, facing a large amount of unpayable debt, the company was no longer operating bike rentals. History 2014–2016: Founding in China The company was founded in 2014 by five members of the Peking University cycling club as a project that initially focused on bicycle tourism before deciding on bicycle sharing. It was named "ofo" due to the word's resemblance to a cyclist on a bicycle. ofo was launched in June 2015 in Beijing, gaining 20,000 users and 2,000 bicycles by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Niu Technologies
Niu Technologies ( zh, 牛电科技; stylized as NIU) is an electric scooter company headquartered in Beijing, China. Yan Li has been its CEO and COO since December 2017. Niu's products include electric scooters, electric bicycles, e-scooters and electric motorcycles. Niu vehicles include digital displays, Bluetooth connectivity, and mobile apps that let users track their rides, map their routes and monitor battery life. History The company was founded in 2014 by Baidu's former chief technology officer, Li Yinan, and Token Yilin Hu. The first Niu scooters were crowdfunded. It differentiated itself by using lithium-ion batteries as opposed to the cheaper lead-acid alternatives widely used in Chinese e-scooters at the time. In 2018, it was listed on the NASDAQ stock exchange under the ticker NIU. In 2019, Revel Transit launched in New York City with 1,000 Niu electric scooters, later expanding to Washington DC, Austin and Miami. In 2021, Niu expanded its product line to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Momenta
Momenta Global Limited (shortened to Momenta) is a developer of intelligent driving technologies, based in Beijing and Suzhou, China. History Momenta was founded in September 2016 led by Cao Xudong, a former scientist at Microsoft Research and formerly executive director of research and development at Chinese deep-learning and computer vision company SenseTime. In 2017, Mercedes-Benz Group invested in Momenta, which was the automaker's first-ever investment into a Chinese startup. Momenta became the first Chinese unicorn in the field of self-driving cars after investors valued the company at more than $1 billion in 2021. The investors included, in addition to those already mentioned, General Motors (GM), IDG Capital, GGV Capital, Blue Lake Capital, Shunwei Capital, and Cathay Capital. General Motors invested $300 million in Momenta, as was announced in 2021, with the aim to accelerate the development of self-driving cars in China. By that time, Momenta struck partnersh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
LightInTheBox
LightInTheBox Holding Co., Ltd. is an online clothing sales company which specialises in cheap men's and women's clothes, and other goods that they describe as "lifestyle products'. The company is headquartered in Singapore and has additional offices in California, Shanghai, and Beijing. History LightInTheBox was founded in June 2007. The company started with a registered capital of US$3 million. It operated as Light In The Box Limited until March 2008, when it was restructured and incorporated as LightInTheBox Holding Co., Ltd., acting as the ultimate holding company. On June 6, 2013, LightInTheBox opened for trading on the New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ... (NYSE) under the ticker symbol "LITB". References External links * {{Offici ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EHang
Guangzhou EHang Intelligent Technology Co. Ltd. is a company based in Guangzhou, China that develops and manufactures autonomous aerial vehicles (AAVs) and passenger AAVs which have entered service in China for aerial cinematography, photography, emergency response, and survey missions. History EHang announced the ''Ehang 184'', introduced at the Consumer Electronics Show in January 2016, as the world's first AAV capable of carrying passengers. The company announced plans with Dubai's Road & Transportation Agency in 2017 to launch an autonomous flying-taxi service starting in the summer of 2017, but didn't succeed. The company has also worked on a project with Nevada's Institute for Autonomous Systems for an AAV taxi that can transport a single passenger for up to 23 minutes with the EHang 184. In November 2018, an agreement was signed with the city of Lyon, France, to open a research center there. At the same time, a cooperation agreement was concluded with the Austrian ae ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
