EMPOWER INNOVATORS

Bob Xu

FOUNDER

Longtime angel investor Bob Xiaoping Xu is the founding partner of ZhenFund. As a pioneer of angel investing in China, Bob Xu and ZhenFund team have made 8 investments that went public, with another 18 that have grown into billion-dollar businesses. The notable investments by Bob Xu and his team include Meicai, Jumei, LightintheBox, Jiayuan, Yidao, Zhaogang, Urwork, VIPKID, 17zuoye, Yitu, Deep Glint, Ehang, Tiger Securities, Mobvoi, Perfect Diary, Furong Xingsheng, Hero Entertainment, Luogic Knowledge Group, Xiaoheng Dumplings, ShuidiHuzhu, Mia, Momenta and Nice.

Bob Xu serves as the chairman of China Club for Top Angel Investors, honorary chairman of China Youth Angel Association, and chairman of China Early-Stage Investment Association organized by AMAC (Asset Management Association of China). He has been awarded top angel investors of the year by various organizations including Zero2IPO Group, Financial Times China and Sina. Under his leadership, ZhenFund has been ranked No.1 in China's top early-stage firms of the year for 5 consecutive years by Zero2IPO Group-China VC/PE Annual Ranking, the industry’s standard ranking system in China. Forbes Magazine also selected him into Midas List, as one of the world's top 100 investors of the year for four consecutive years since 2016; he was ranked #11 in 2019.

Prior to founding ZhenFund, Bob Xu co-founded China's largest private English training and test preparation group, New Oriental Education & Technology Group (NYSE:EDU), along with Michael Yu and Victor Wang. Their startup story was featured in the Chinese movie "American Dreams in China," the top 10 box office hit in China for 2013.

Bob Xu received his Bachelor’s degree from the China Central Conservatory of Music and obtained a master's degree from the University of Saskatchewan, Canada. He received an honorary PhD degree from the University of Saskatchewan in 2017.

Victor Wang

CO-FOUNDER

Victor Qiang Wang is the co-founder of ZhenFund and leads portfolio management for ZhenFund companies. Victor also leads and oversees the Ostrich Club, a collaboration between ZhenFund and Sequoia Capital China. Victor’s investments include 17zuoye, Jumei, Nice and Happy Juzi. 

Prior to ZhenFund, Victor was a co-founder of New Oriental Education & Technology Group (NYSE: EDU), the largest provider of private education in China. Before starting New Oriental, Victor also worked as a Software Engineer in Bell Communications Research. In addition to being a respected entrepreneur, he is also a famous collector and lover of rare books. Victor is also a well-known humanities scholar, who has published two books of essays — Reading Reconstructs Me, and A Bookworm’s Summer in Oxford.

Victor is now a council member of the Centre for China & Globalization (CCG), a leading Chinese independent think tank based in Beijing. He is also the director of 2005 Committee, and a donor for the Future Science Prize.

In 2015, Victor Wang was honored with a foundation fellow from the Harris Manchester College of Oxford University. Victor received his graduate degree of computer Science from State University of New York and his undergraduate degree from Peking University.

Anna Fang

PARTNER & CEO

Anna Fang is the CEO and a partner of ZhenFund, an early stage venture capital firm in China. In her role as CEO, Anna oversees Zhenfund’s investments, portfolio management and operations. Anna’s areas of investment expertise include consumer related companies such as RED (XiaoHongShu), Perfect Diary, Mia, Club Factory, Yitu, Mobvoi, Horizon Robotics, and VIPKID.

Before joining ZhenFund, Anna worked at GE China in Corporate Business Development, and was responsible for GE’s M&A and BD efforts in China. Anna started her career as an investment banker at JPMorgan New York office, focusing on consumer and retail companies.

Anna made Forbes’ Midas List in 2019, was named one of the Top 10 Early-stage Investors of the Year by Zero2IPO Group in 2018, was voted one of China's 100 Best Investors by entrepreneurs on 36Kr in 2018, and was selected to Forbes’ Midas Brink List in 2016. She was also named a Young Global Leader in 2016.

Anna received an undergraduate degree from Columbia University in Economics and a Master’s degree in Business Administration from Stanford’s Graduate School of Business. She is currently an advisory board member of Columbia College and Columbia’s Global Centers; she also leads the Beijing chapter of Stanford GSB.

Zhaoyu Zheng

PARTNER

Zhaoyu (Jack) Zheng is a partner at ZhenFund, where he has invested in and managed companies such as Meicai, EasyFlower, 51talk, Zhaogang, Locals, and more. 

Prior to joining ZhenFund, Zhaoyu was the Vice President of the Education International Corporation, one of China’s leading providers in overseas study. He also served as the Principal of the Taiyuan New Oriental School. Zhaoyu was named one of the 40 Under 40 Investors by China’s Entrepreneur Magazine in 2015.

Zhaoyu received a Master’s Degree in Management from Peking University.

Yusen Dai

PARTNER

Yusen is a partner of ZhenFund. He led investments in Xiaodaka, Chanjinglu, Ontology, Thunder, Global Scanner and more.

Before joining ZhenFund, Yusen dropped out of Stanford in 2009 and cofounded Jumei (NYSE: JMEI), the leading Chinese cosmetics e-commerce retailer and one of the largest Chinese e-commerce companies. Yusen oversaw Jumei's product design and development, operation management, online marketing, and management in several categories. Yusen was also one of the youngest cofounders to list their companies on NYSE.

Yusen attended Stanford University Management of Science & Engineering, and received his Bachelor’s degree from Tsinghua University in Beijing.

Arthur Zhang

MANAGING DIRECTOR

Arthur Zhang is the Managing Director of ZhenFund, with featured deals including ofo bicycle, ShebaoTech, Lyncmed Medical, UISEE, 12 Block, Kuaitu Logistics, X-charge, Fanyimeng, etc. 

Prior to joining ZhenFund, Arthur worked with Baidu Investment, M&A Department, and Booz&Company in both the US and China. 

Arthur holds a Ph.D. in Transportation & Operations, a Master's degree in Economics from Northwestern University, and a Bachelor's degree in Engineering from Tsinghua University. 

Yuan Liu

MANAGING DIRECTOR

Yuan Liu is a Managing Director at ZhenFund, having led investments in Momenta, CastBox, Yi23, Xinshixiang, 12 Sigma, TongSoon, and other companies. 

Prior to ZhenFund, Yuan worked at Greenspring Associates and was responsible for fund investments and late stage direct investments worldwide. Yuan also serves as a member of the Baltimore Chamber Orchestra Board of Trustees. 

Yuan received his Bachelor's degree in Accounting and Business Administration from Washington and Lee University. 

Justin Guan

VP & HEAD of SOUTHERN CHINA

Justin Guan is a Vice President of ZhenFund, having led the investments for Meipian, Baoji, Versa, Kaola Reading, UPhoton, amongst others. 

Justin received his Bachelor's degree from the City University of Hong Kong. 

Emma Yin

VP

Emma Yin is a Vice President of ZhenFund. She led investments in Aibee, Hesai, Chaitin Tech, Zaihui, SYNYI AI, AutoX, Flexiv Robotics, BlackLake, ImageDT, and Adaps Phototonics. 

Emma received her Bachelor's degree with a double major in Accounting and Economics from Illinois Wesleyan University, and obtained a Master's degree in East Asian Studies from Stanford University. 

Gaopeng Chen

VP

Gaopeng Chen is a Vice President of ZhenFund, and specializes in the healthcare sector. 

Prior to joining ZhenFund, Gaopeng was an investment professional at Langsheng Investment. Prior to that, he served in Eli Lilly and Company in China, and participated in multiple pharmaceutical developments. 

Gaopeng received a Bachelor's degree from Sichuan University and obtained a Ph.D. from LKS Faculty of Medicine, the University of Hong Kong. He also conducted research at the Icahn School of Medicine at Mount Sinai. 

James Jiang

VP

James Jiang is the Vice President of ZhenEdu Fund, and specializes in the education sector. Some of his major investments include Hualala, MagicEars, and Duia Online Education. 

Prior to joining ZhenEdu, James Jiang was a Senior Investment Associate at Blue Elephant Capital. He also served as Investment Associate in TAL Group, and participated in a number of EdTech Company’s investment and M&A. 

James received his bachelor’s and master’s degrees in the University of Science and Technology Beijing. 

Tianyi Qin

ASSOCIATE

Tianyi Qin is an Associate of ZhenFund who has led investments in YunGeHuo, Kargo, and Stoqo. 

 Prior to joining ZhenFund, Tianyi was a product manager at Tencent Mobile Internet Group.  

Tianyi received his bachelor's degree in Digital Media Art from Fuzhou University.