Qiming Venture Partners () is a
China based
Venture capital
Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
firm. It primarily invests in Technology, Internet and Healthcare related companies across China. It was an early investor in
ByteDance
ByteDance Ltd. () is a Chinese internet technology company headquartered in Beijing and incorporated in the Cayman Islands.
Founded by Zhang Yiming, Liang Rubo and a team of others in 2012, ByteDance developed the video-sharing social network ...
,
Xiaomi
Corporation (; ), commonly known as Xiaomi and registered as Xiaomi Inc., is a Chinese designer and manufacturer of consumer electronics and related software, home appliances, and household items. Behind Samsung, it is the second largest m ...
,
Meituan
Meituan (, literally "beautiful group"), formerly Meituan-Dianping, is a Chinese shopping platform for locally found consumer products and retail services including entertainment, dining, delivery, travel and other services. The company is headq ...
and
Bilibili
Bilibili (stylized bilibili), nicknamed B Site, is a video sharing website based in Shanghai where users can submit, view and add overlaid commentary on videos. Since the mid-2010s, Bilibili began to expand to a broader audience from its orig ...
.
Background
Qiming Venture Partners was founded in 2006 by Gary Rieschel and Duane Kuang.
Rieschel and Kuang were previously with
Softbank
is a Japanese multinational conglomerate holding company headquartered in Minato, Tokyo which focuses on investment management. The Group primarily invests in companies operating in technology, energy, and financial sectors. It also runs the ...
and
Intel Capital
Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, ...
respectively.
It is headquartered in
Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...
with offices in
Beijing
}
Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...
,
Suzhou
Suzhou (; ; Suzhounese: ''sou¹ tseu¹'' , Mandarin: ), alternately romanized as Soochow, is a major city in southern Jiangsu province, East China. Suzhou is the largest city in Jiangsu, and a major economic center and focal point of trad ...
,
Shenzhen
Shenzhen (; ; ; ), also historically known as Sham Chun, is a major Sub-provincial division, sub-provincial city and one of the Special economic zones of China, special economic zones of China. The city is located on the east bank of the Pea ...
and
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...
.
It mainly focuses on investments in China.
In 2017, it set up its American branch, Qiming Venture Partners (USA). The branch is headquartered in
Seattle, Washington
Seattle ( ) is a port, seaport city on the West Coast of the United States. It is the county seat, seat of King County, Washington, King County, Washington (state), Washington. With a 2020 population of 737,015, it is the largest city in bo ...
with offices in
Cambridge, Massachusetts
Cambridge ( ) is a city in Middlesex County, Massachusetts, United States. As part of the Greater Boston, Boston metropolitan area, the cities population of the 2020 United States Census, 2020 U.S. census was 118,403, making it the fourth most ...
and
San Francisco, California
San Francisco (; Spanish for "Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th ...
.
Funds
USD Funds
RMB Funds
Notable investments
*
ByteDance
ByteDance Ltd. () is a Chinese internet technology company headquartered in Beijing and incorporated in the Cayman Islands.
Founded by Zhang Yiming, Liang Rubo and a team of others in 2012, ByteDance developed the video-sharing social network ...
*
Xiaomi
Corporation (; ), commonly known as Xiaomi and registered as Xiaomi Inc., is a Chinese designer and manufacturer of consumer electronics and related software, home appliances, and household items. Behind Samsung, it is the second largest m ...
*
Meituan
Meituan (, literally "beautiful group"), formerly Meituan-Dianping, is a Chinese shopping platform for locally found consumer products and retail services including entertainment, dining, delivery, travel and other services. The company is headq ...
*
Bilibili
Bilibili (stylized bilibili), nicknamed B Site, is a video sharing website based in Shanghai where users can submit, view and add overlaid commentary on videos. Since the mid-2010s, Bilibili began to expand to a broader audience from its orig ...
*
Zhihu
*
CanSino Bio
CanSino Biologics (), often abbreviated as CanSinoBIO, is a Chinese vaccine company.
History
CanSino Biologics was founded in 2009 in Tianjin by Yu Xuefeng, Zhu Tao, Qiu Dongxu and Helen Mao Huihua.
In July 2018, it filed an application to ...
*
Schrödinger, Inc.
Schrödinger, Inc. is an international scientific software company that specializes in developing computational tools and software for drug discovery and materials science.
Schrödinger's software is used by pharmaceutical companies, biotech ...
*
UBtech Robotics
UBTECH Robotics Inc. is a Chinese manufacturer of robots based in Shenzhen, Guangdong.
History
Ubtech was founded in 2012 by Zhou Jian. Ubtech specializes in humanoid robots. Ubtech exhibited at IFA Berlin in 2017 and showed its latest innovatio ...
*
Insilico Medicine
Insilico Medicine is a biotechnology company based in Pak Shek Kok, Hong Kong in Hong Kong Science Park near the Chinese University of Hong Kong and in New York, at The Cure by Deerfield. The company combines genomics, big data analysis, and dee ...
*
Megvii
*
APUS Group
*
RedDoorz
RedDoorz is a Singapore-based hotel company and hospitality brand that operates in Southeast Asia. The company aggregates existing budget hotels, offers staff training, provides access to digital services, and rebrands the hotels as RedDoorz. It ...
*
Mogujie
MOGU INC () is a China-based social media and e-commerce platform specializing in fashion content, products, and services.
Headquartered in Hangzhou, China, Mogu was founded in 2011 by former Alibaba engineer Chen Qi, along with Xue Yuqiang and ...
References
External links
www.qimingvc.com(Company Website)
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Financial services companies established in 2006
Venture capital firms of China
Venture capital firms of the United States