Qiming Venture Partners

Qiming Venture Partners' official website presents the firm alongside testimonials from founders and executives of its portfolio companies, including Xiaomi, WeDoctor, Dianping, Tigermed, WeRide, Zai Lab, UBTECH, Berry Genomics, Sinocelltech, Tongdun Technology, Tellgen, Unisound, CanSino Biologics, Zhihu, Mafengwo, Meitu, Bilibili, Roborock, HyperStrong, Yuanxin Technology (Miaoshou), Transwarp, and Tujia. The site states figures of 580+ portfolio companies, US$9.5 billion raised and managed, 70+ IPOs, and 140 mergers, acquisitions and other exits, with data as of August 2024. It also describes what the firm offers startups, including industry resources, relationships with stakeholders such as investors and entrepreneurs, team building and third-party advisory support, a Qiming ecosystem, and support for financing, IPO and M&A milestones.

Qiming Venture Partners was founded in 2006 with the goal of becoming the preferred investment firm for outstanding technology entrepreneurs in China. From its inception, the firm focused on early and growth-stage investments in the Technology and Healthcare sectors. Over the years, Qiming has grown its assets under management to USD 9.5 billion, with 11 USD funds and 7 RMB funds. The firm has built a reputation for excellent investment performance and has been widely recognized by limited partners globally. Qiming's investment strategy has evolved alongside China's innovation landscape. The firm has backed numerous companies that have become industry leaders, including Xiaomi, Meituan, Bilibili, Zhihu, and many others. Its portfolio spans technology, media, telecommunications, healthcare, and consumer sectors. Qiming has achieved over 210 exits through IPOs on major global exchanges and M&A, and more than 80 of its portfolio companies have become unicorns or super-unicorns. The firm emphasizes a collaborative ecosystem where portfolio companies can interact and create synergies. Many new investments come from referrals by existing portfolio companies or from their upstream and downstream networks. Qiming provides value-added services including strategic guidance, talent recruitment, and access to third-party professional advisors. The firm supports entrepreneurs through critical strategic decisions and helps them navigate competitive markets. As of August 2024, Qiming Venture Partners had invested in over 580 companies. The firm continues to be active in both technology and healthcare investing, with a focus on AI, robotics, autonomous driving, biotech, and other innovative fields. Its team of professionals, many with operational experience as founders, entrepreneurs, scientists, and executives, works closely with portfolio companies to help them grow into market leaders.

• 2024

  Assets under management reach USD 9.5 billion; over 580 portfolio companies; 210+ exits.

• 2006

  Qiming Venture Partners founded.

• 2023

  Qiming Venture Partners' "Wiretap Storm" due diligence violation

  In September 2023, while conducting due diligence on a portfolio company, a Qiming Venture Partners project team invited a competitor's founder to sit in on a meeting without the founder's consent, and was accused of "extracting trade secrets," causing an uproar in the venture capital circle. An internal investigation determined that the team violated due diligence procedures and was dishonest in communication, but found no assistance in obtaining trade secrets. Three involved employees were respectively suspended from investment activities, demoted, and given salary cuts; Qiming Venture Partners publicly apologized.

  Source

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• 2022.02.17

  Reported2022.02.21

  Haixin Zhihui completes B1 funding round[6]海心智惠完成B1轮融资finance.sina.com.cn

  Haixin Zhihui announced that it had completed a B1 funding round worth several hundred million yuan. Qiming Venture Partners led the round, with Hepei Investment also participating.

• 2022.02.16

  Reported2022.02.16

  XinXin Technology completes two funding rounds[7]此芯科技完成两轮融资finance.sina.com.cn

  XinXin Technology completed two consecutive investment rounds, an angel round and an angel-plus round, raising tens of millions of U.S. dollars in total. Lenovo Capital invested in the angel round; Qiming Venture Partners led the angel-plus round, with other investors participating.

• 2022.02.09

  Reported2022.02.09

  Huazhuo Technology completes RMB 100 million A++ funding round[8]华卓科技完成1亿元人民币A++轮融资finance.sina.com.cn

  Huazhuo Technology announced completion of an RMB 100 million A++ funding round led by Qiming Venture Partners.

• Unconfirmed

  Reported2022.01.17

  DP Technology completes Series B funding[9]深势科技完成B轮融资finance.sina.com.cn

  DP Technology announced that it had completed a Series B funding round worth tens of millions of US dollars, co-led by Source Code Capital and Qiming Venture Partners, with existing investors including Hillhouse Capital and Matrix Partners also participating.

• 2022.01.13

  Reported2022.01.13

  Qiming Venture Partners and China Foundation for Poverty Alleviation launch rural entrepreneur support program[10]启明创投与中国扶贫基金会启动乡村振兴创业者支持计划finance.sina.com.cn

  Qiming Venture Partners and China Foundation for Poverty Alleviation launched the China Rural Revitalization Entrepreneur Support Plan. Qiming said it would donate RMB 1 billion to the plan, which is intended to train and empower 2,000 rural entrepreneurs and cultivate 40 social organizations in 40 counties.

• 2022.01.07

  Reported2022.01.07

  Qiming Venture Partners promotes team members[11]启明创投宣布团队成员晋升prnewswire.com

  Qiming Venture Partners announced promotions including Bonnie Wang and Dr. Kan Chen to Partner and Xiaofei Zhou to Vice President, along with eight promotions in finance, legal and administrative support teams.

• 2021.08.24

  Reported2021.08.24

  Houmo Intelligence raises RMB 300 million in Pre-A funding[12]后摩智能完成3亿元人民币Pre-A轮融资finance.sina.com.cn

  Houmo Intelligence announced that it completed a RMB 300 million Pre-A funding round led by Qiming Venture Partners, with existing and additional investors participating.

• 2021.08.23

  Reported2021.08.23

  Vistel completes nearly RMB 100 million Series B funding[13]致远慧图完成近亿元B轮融资news.pedaily.cn

  Beijing Vistel Technology announced that it had completed nearly RMB 100 million in Series B funding. Qiming Venture Partners led the round, with existing investor Danlu Capital participating.

• 2021.07.12

  Reported2021.07.12

  Hochuen Medical raises RMB 40 million in Series A financing[14]浩淳医疗完成4000万元人民币A轮融资prnewswire.com

  Hochuen Medical raised RMB 40 million in a Series A financing round led by Qiming Venture Partners as the sole investor. The company said proceeds would support market expansion, process and technology development, and production-capacity expansion.

• Unconfirmed

  Reported2021.07.12

  Hechuan Medical completes Series A1 financing[15]合川医疗完成A1轮融资finance.sina.com.cn

  Hechuan Medical completed a financing round of tens of millions of yuan, with Qiming Venture Partners as the sole investor. The proceeds are intended to support expansion of its domestic and international CDMO business, technology and production-process development, and capacity expansion.

Read more(26)

1. 1启明创投 | 以智启众 以勤得明qimingvc.com
2. 2关于 | 启明创投qimingvc.com
3. 3Qiming Venture Partners' "Wiretap Storm" due diligence violationqimingvc.com
4. 4Qiming Venture Partners' "Wiretap Storm" due diligence violationnbd.com.cn
5. 5Qiming Venture Partners' "Wiretap Storm" due diligence violationstcn.com
6. 6海心智惠完成B1轮融资finance.sina.com.cn
7. 7此芯科技完成两轮融资finance.sina.com.cn
8. 8华卓科技完成1亿元人民币A++轮融资finance.sina.com.cn
9. 9深势科技完成B轮融资finance.sina.com.cn
10. 10启明创投与中国扶贫基金会启动乡村振兴创业者支持计划finance.sina.com.cn
11. 11启明创投宣布团队成员晋升prnewswire.com
12. 12后摩智能完成3亿元人民币Pre-A轮融资finance.sina.com.cn
13. 13致远慧图完成近亿元B轮融资news.pedaily.cn
14. 14浩淳医疗完成4000万元人民币A轮融资prnewswire.com
15. 15合川医疗完成A1轮融资finance.sina.com.cn
16. 16云知声完成近1亿美元D+轮融资finance.sina.com.cn
17. 17小鹅通完成1.2亿美元D轮融资news.pedaily.cn
18. 18英途康完成D轮融资finance.sina.com.cn
19. 19圣哲医疗完成1亿元A轮融资finance.sina.com.cn
20. 20摩尔元数完成B轮融资news.e-works.net.cn
21. 21MediLink Therapeutics完成5000万美元A轮融资prnewswire.com
22. 22云迹科技完成C轮融资finance.sina.com.cn
23. 23科越医药宣布获得 5350 万美元 B+ 轮融资prnasia.com
24. 24福寿康完成B轮融资finance.sina.com.cn
25. 25圆心科技完成6亿元D1轮融资tech.sina.com.cn
26. 26圆心科技完成D1轮融资tech.sina.com.cn
27. 27启明创投完成11亿美元基金募资tech.sina.com.cn
28. 28天深医疗完成B轮融资tech.sina.com.cn
29. 29禾赛科技完成1.73亿美元C轮融资tech.sina.com.cn
30. 30十荟团完成8830万美元融资finance.sina.com.cn
31. 31缔脉完成B轮融资prnasia.com
32. 32圆心科技完成D1轮6亿元融资_产业综合_行业_中金在线hy.stock.cnfol.com
33. 33圆心科技完成D1轮6亿元融资_商业_行业_中金在线hy.stock.cnfol.com
34. 34云迹科技完成C轮融资，联想创投连续两轮投资finance.sina.com.cn
35. 35IntoCare Medical Completes Up to 100 million RMB Round D Financing, Doubling Down on Powered Stapling Industryprnewswire.com