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Qiming Venture Partners

Asia, Shanghai, China, Shanghai

Description

Qiming Venture Partners is a highly influential venture capital firm established in 2006, primarily focusing on early and growth-stage investments within the Technology & Consumer and Healthcare sectors. Headquartered in Shanghai, China, with additional offices in Beijing, Suzhou, Shenzhen, and Hong Kong, Qiming maintains a strong focus on the Greater China region, while also having a presence in the US. The firm has solidified its position as one of the leading VCs in Asia, managing substantial capital and a diverse portfolio of innovative companies.

As of early 2023, Qiming Venture Partners manages over $9.4 billion in assets across a combination of 12 USD-denominated funds and 8 RMB-denominated funds, highlighting its significant financial capacity and global reach. Its investment strategy is centered on identifying and nurturing high-growth potential companies, often serving as the initial institutional investor or a key early-stage backer. The firm's deep industry expertise, extensive network, and hands-on approach provide considerable strategic value to its portfolio companies, aiding their development and expansion.

Qiming's portfolio is extensive, comprising over 500 companies. The firm boasts an impressive track record of successful exits, with more than 180 portfolio companies having completed IPOs on various global stock exchanges, and over 70 achieving successful M&A exits. Notable investments include industry leaders such as Xiaomi, Meituan, Bilibili, Gan & Lee Pharmaceuticals, Zai Lab, and CanSino Biologics, demonstrating its consistent ability to identify and support future market leaders across its target sectors. This strong performance underscores Qiming's reputation as a top-tier venture capital firm in the Asian market.

Investor Profile

Qiming Venture Partners has backed more than 252 startups, with 54 new investments in the last 12 months alone. The firm has led 85 rounds, about 34% of its total and boasts 81 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series C, Series A rounds (top funding stages).
  • Majority of deals are located in China, United States, Singapore.
  • Strong thematic focus on Health Care, Biotechnology, Medical.
  • Led 17 rounds in the past year.
  • Typical check size: $5M – $50M.

Stage Focus

  • Series B (31%)
  • Series C (24%)
  • Series A (19%)
  • Series D (10%)
  • Series Unknown (5%)
  • Seed (4%)
  • Series E (4%)
  • Angel (2%)

Country Focus

  • China (71%)
  • United States (19%)
  • Singapore (2%)
  • Hong Kong (2%)
  • Indonesia (1%)
  • South Korea (1%)
  • India (1%)

Industry Focus

  • Health Care
  • Biotechnology
  • Medical
  • Pharmaceutical
  • Software
  • Artificial Intelligence (Ai)
  • Medical Device
  • Internet
  • Biopharma
  • Information Technology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Qiming Venture Partners frequently co-invest with?

OrbiMed
North America, New York, United States, New York
Co-Investments: 16
IDG Capital
Asia, Beijing, China, Beijing
Co-Investments: 21
Tencent
Asia, Guangdong, China, Shenzhen
Co-Investments: 11
Sinovation Ventures
Asia, Beijing, China, Beijing
Co-Investments: 10
SIG China (SIG Asia Investments)
Asia, Shanghai, China, Huangpu
Co-Investments: 10
Legend Capital
Asia, Beijing, China, Beijing
Co-Investments: 11
HongShan
Asia, Beijing, China, Beijing
Co-Investments: 21
Northern Light Venture Capital
Asia, Beijing, China, Beijing
Co-Investments: 13
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 27
Lilly Asia Ventures
Asia, Shanghai, China, Shanghai
Co-Investments: 14

Which angels does Qiming Venture Partners often collaborate with?

WC
North America, New York, United States, Manhattan
Shared Deals: 1
AZ
Europe, England, United Kingdom, London
Shared Deals: 2
HB
North America, New York, United States, New York
Shared Deals: 1
Liang Xinjun
Asia, Shanghai, China, Shanghai
Shared Deals: 1
Xiaopeng He
Asia, Guangdong, China, Guangzhou
Shared Deals: 1
OD
Europe, England, United Kingdom, London
Shared Deals: 1
EA
North America, New Hampshire, United States, Portsmouth
Shared Deals: 1
FN
North America, California, United States, Menlo Park
Shared Deals: 1
FB
North America, New York, United States, New York
Shared Deals: 1
Jun Lei
Asia, Beijing, China, Beijing
Shared Deals: 1

What are some of recent deals done by Qiming Venture Partners?

StepFun

Xuhui, Shanghai, China

StepFun is an AI technology company that develops large language models and multimodal AI systems to process and generate text.

Artificial Intelligence (AI)Foundational AIGenerative AINatural Language Processing
Series BJan 26, 2026
Amount Raised: $718,050,350

Natural Selection is a technology startup that focuses on AI-powered intelligent companions.

Artificial Intelligence (AI)
Series UnknownJan 20, 2026
Amount Raised: $42,000,000

Nature Select is a software company that develops AI memory models, multimodal interaction systems, and 3D interactive gameplay.

3D TechnologyArtificial Intelligence (AI)Software
Series UnknownJan 20, 2026
Amount Raised: $30,000,000
Zenitar

Chengdu, Sichuan, China

Zenitar is a biomedical technology company engaged in innovative drug research and industrialization processes.

BiopharmaBiotechnologyMedicalPharmaceutical
Series CJan 12, 2026
Amount Raised: $86,017,806
Oricell Therapeutics

Shanghai, Shanghai, China

OriCell Therapeutics aims to develop drugs with good efficacy and affordable prices for tumor immunotherapy.

Health CarePharmaceuticalProduct Research
Series CJan 12, 2026
Amount Raised: $70,000,000
Noitom Robotics

Beijing, Beijing, China

Noitom Robotics is an intelligent robot development company specializing in the sales, installation, and maintenance of industrial robots.

Robotics
SeedDec 22, 2025
Oukejian

Nanshan, Hunan, China

Oukejian specializes in researching and developing innovative large-molecule drugs for prevalent fundus diseases.

BiotechnologyHealth CareMedical
Series BDec 16, 2025
Amount Raised: $30,000,000
Green Energy Origin

Weinheim, Baden-Wurttemberg, Germany

Green Energy Origin is a sustainable firm that develops specialty chemicals and battery raw materials for cost effective energy solutions.

GreenTechRenewable EnergySolar
Series BDec 11, 2025
Amount Raised: $110,000,000
Sanegene Bio

Woburn, Massachusetts, United States

Sanegene Bio develops an RNAi drug discovery platform designed for unmet clinical needs.

BiopharmaHealth CareMedicalTherapeutics
Series BDec 8, 2025
Amount Raised: $110,000,000
Yanshengchao

Beijing, Beijing, China

Developer of new drugs targeting tumors or the immune system.

Biotechnology
Series ADec 8, 2025

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