Frees Fund

Frees Fund is a venture capital firm established in 2015 and headquartered in Beijing, China. The firm focuses on investing in early-stage startups, aiming to become their first-round institutional investor. Frees Fund primarily targets a diverse range of sectors, including technology, media, telecom, biomedical, consumer markets, hardware, deep technology, retail, education, entertainment, finance, intelligent manufacturing, artificial intelligence, biotechnology, pharmaceutical research and development, clean technology, energy, and new materials. By adopting innovative approaches, Frees Fund seeks to transform traditional venture capital practices and support the growth of promising startups into valuable enterprises that contribute positively to society.

Li Feng

Founding Partner

Jiong Sheng

Partner

Li Tian

Principal

Shen Ying

Vice President

Huan Zhang

Partner

Zhiyuan Zhao

Vice President

Past deals in Consumer Electronics

Dezao Technology

Series A in 2024
Dezao Technology is an e-commerce transaction provider, mostly involved in the sales of electronic products, mobile phones, and mobile phone accessories.

IceWhale Technology

Seed Round in 2024
IceWhale Technology is a developer of network-attached storage solutions aimed at enhancing and reducing the costs associated with the digital experience in homes. The company offers innovative products, prominently featuring its self-developed single-board server, ZimaBoard. This server combines the expandability of an x86 single-board computer with the necessary power of a microserver, allowing users to easily configure a secure virtual private network (VPN) and seamlessly upgrade smart projects across various systems. Through its technology, IceWhale Technology strives to make digital home environments more efficient and user-friendly.

Aeroband

Seed Round in 2024
Aeroband is a manufacturer of portable drum sets, specializing in somatosensory digital intelligent hardware. The company aims to revolutionize music playing experiences by integrating advanced technology, allowing users to engage with music in a more immersive way. Its product line includes innovative somatosensory drum sets and air picks, designed to enhance musical performance and sound effects. Through its offerings, Aeroband seeks to make the joy of music accessible without the need for traditional instruments, thereby enriching people's lives with engaging musical experiences.

SPEEDIANCE

Seed Round in 2023
Speediance designs and operates smart at-home fitness equipment for strength training and provides an online platform with training guidance and strength-training courses, connecting individual users with a workout community and resources to improve home workouts.

SPEEDIANCE

Seed Round in 2022
Speediance designs and operates smart at-home fitness equipment for strength training and provides an online platform with training guidance and strength-training courses, connecting individual users with a workout community and resources to improve home workouts.

Everbright Lottery

Angel Round in 2017
Everbright Lottery develops, manufactures, and markets a variety of electronic components. They create automated production machinery and temperature controllers. Engineers in the domestic thermal protector business who have completed advanced training from thermal protector manufacturers make up the research and development team for the company's products.

Insta360

Series B in 2016
Insta360 is a technology company based in Shenzhen that specializes in innovative camera solutions designed to enhance how users capture and share experiences. Established in 2014, the company has emerged as a leader in the 360-degree camera market, offering a range of products tailored for various needs, including professional creators and casual users. Their offerings include lightweight portable cameras, mobile phone attachments, cameras specifically designed for vlogging, and advanced VR cinematic cameras. These products enable high-definition 360-degree photos and videos, allowing users to live-stream their experiences on major social media platforms. Through its commitment to performance and accessibility, Insta360 empowers users to relive and share their moments in immersive detail, particularly when experienced through virtual reality headsets.
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