ZhenFund

ZhenFund is a venture capital firm established in 2011 by Bob Xu and Victor Wang, in collaboration with Sequoia Capital China. Based in Beijing, with additional offices in Shenzhen, Shanghai, and Silicon Valley, ZhenFund focuses on seed stage investments and has over $1 billion under management. The firm primarily targets sectors such as e-commerce, education, artificial intelligence, mobile internet, and healthcare. Its portfolio includes over 750 high-growth companies, highlighting its significant presence in China’s early-stage venture capital landscape. Notable investments include companies like OFO, VIPKID, and Hero Entertainment. ZhenFund aims to support and inspire the next generation of global entrepreneurs, leveraging the founders' extensive experience in the education sector and successful investment track records.

Anna Fang

Founding Partner and CEO

Wei Kuang

Principal

Yuan Liu

Partner

Tianyi Qin

Principal

Yuguang Sun

Investment Associate

Lulu Sun

VP

Victor Wang

Co-Founder

Debbie Wang

VP

Terry Wang

Venture Partner

Bob Xiaoping Xu

Founding Partner

Fangzhou Yao

Managing Director

Li Yi

Investment Associate

Emma Yin

Partner

Meng Yuan

Investment Associate

Yazhe Zhang

Board Member, Partner and Director

Zhaoyu Zheng

Partner

Past deals in Photo Software

Meipian

Series B in 2018
Meipian is a Chinese social media tool for authors and editors to create and beautify images and posts. Anyone can include words, pictures, videos, music and even tabs for sub-pages. With Meipian, anyone can easily import pictures from the computer, edit the graphics and text, and support the free drag and drop sequence of the mouse. It is more suitable for long-length graphic creation scenes, to maker editing more efficient.

Kapwing

Seed Round in 2018
Kapwing Inc. is an online platform based in San Francisco, California, that specializes in video, image, and GIF editing for digital creators. Founded in 2017, Kapwing aims to facilitate digital storytelling through its suite of browser-based tools that cater to the needs of modern creators. The platform features a variety of functionalities, including a meme maker, subtitler, trimmer, looper, and various filters, making it suitable for social media content and collaborative projects. Kapwing's tools help users create and share multimedia content efficiently, enabling them to engage audiences effectively in the digital space.

Meipian

Venture Round in 2018
Meipian is a Chinese social media tool for authors and editors to create and beautify images and posts. Anyone can include words, pictures, videos, music and even tabs for sub-pages. With Meipian, anyone can easily import pictures from the computer, edit the graphics and text, and support the free drag and drop sequence of the mouse. It is more suitable for long-length graphic creation scenes, to maker editing more efficient.

Meipian

Series A in 2017
Meipian is a Chinese social media tool for authors and editors to create and beautify images and posts. Anyone can include words, pictures, videos, music and even tabs for sub-pages. With Meipian, anyone can easily import pictures from the computer, edit the graphics and text, and support the free drag and drop sequence of the mouse. It is more suitable for long-length graphic creation scenes, to maker editing more efficient.

Versa

Seed Round in 2017
Versa, Inc. is a Shanghai-based company that specializes in artificial intelligence-driven video and photo editing applications. Founded in 2017, it offers the Macaron Play Picture application, which allows users to create and edit visual content through intelligent recognition technology. The app features various functionalities, including filters, background removal, and the ability to transform photos into artistic styles such as oil paintings or animations. Versa aims to empower individuals by enhancing their creative potential, making visual creation accessible to a broader audience. The platform is particularly popular among modern artists and young creators, who utilize its tools to bring their imaginative visions to life.

Meipian

Venture Round in 2017
Meipian is a Chinese social media tool for authors and editors to create and beautify images and posts. Anyone can include words, pictures, videos, music and even tabs for sub-pages. With Meipian, anyone can easily import pictures from the computer, edit the graphics and text, and support the free drag and drop sequence of the mouse. It is more suitable for long-length graphic creation scenes, to maker editing more efficient.

Meipian

Series A in 2017
Meipian is a Chinese social media tool for authors and editors to create and beautify images and posts. Anyone can include words, pictures, videos, music and even tabs for sub-pages. With Meipian, anyone can easily import pictures from the computer, edit the graphics and text, and support the free drag and drop sequence of the mouse. It is more suitable for long-length graphic creation scenes, to maker editing more efficient.

ToShow

Angel Round in 2015
Developer of an application that allows users to draw graffiti styled art pieces. The company's application records the process of users drawing graffiti styled scribbles, providing a unique style of outlet for artists who want to construct minimalistic art pieces without thinking about colors and brush styles.

Polarr

Seed Round in 2015
Polarr, Inc. is a developer of online and offline photo-editing software, specializing in AI technology for photography, video, and other creative applications. Founded in 2014 and headquartered in San Jose, California, Polarr offers tools and resources for developers to create high-quality applications that inspire creativity. Its first-party applications are utilized by millions of photographers and videographers, while the AI development platform also supports third-party developers, including notable companies like Samsung and OPPO. This enables a wide range of innovative solutions that reach hundreds of millions of users globally.

ToShow

Seed Round in 2015
Developer of an application that allows users to draw graffiti styled art pieces. The company's application records the process of users drawing graffiti styled scribbles, providing a unique style of outlet for artists who want to construct minimalistic art pieces without thinking about colors and brush styles.

Nice

Series C in 2014
Nice allows users to add labels, stickers and screens to photos that they share on social networks. It currently has close to 10 million registered users. First launched in October 2013 by a team of fashionistas turned developers, nice soon found a niche of like-minded users who enjoyed tagging their clothes with the app. Touted as "China's Instagram", Nice has become the leading photo sharing app in mainland China. Nice has a very active and young audience and also has steady international growth, with multi-lingual interface options available in its settings.

Beijing Shijie Hexin Network Technology

Series A in 2014
Operator of Blink, a photo and video graphic messaging app.

Nice

Series A in 2014
Nice allows users to add labels, stickers and screens to photos that they share on social networks. It currently has close to 10 million registered users. First launched in October 2013 by a team of fashionistas turned developers, nice soon found a niche of like-minded users who enjoyed tagging their clothes with the app. Touted as "China's Instagram", Nice has become the leading photo sharing app in mainland China. Nice has a very active and young audience and also has steady international growth, with multi-lingual interface options available in its settings.

Orbeus

Pre Seed Round in 2013
Orbeus taps the power of deep learning to provide scalable image and face recognition solutions for businesses and consumers. With expertise in state-of-the-art machine learning and ImageNet (award winners in 2013 and 2014), Orbeus understands both the tremendous value, and limitations, of a purely academic approach for everyday uses. Orbeus bridges this gap to meet identification requirements has developed what could be the best application yet for letting everyday consumers benefit from advances in deep learning, called PhotoTime, which got featured by Apple store and mass medias.
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