Qiming Venture Partners logo

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
circle-line
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?

Healzen Therapeutics

Hangzhou, Zhejiang, China

Healzen Therapeutics is a clinical-stage innovative drug development company.

Business IntelligenceClinical TrialsInnovation Management
Series BNov 27, 2025
Ronghe Medical

Hangzhou, Zhejiang, China

Ronghe Medical is a medical device manufacturer specializing in the design, R&D, production, and sales of high-end medical device systems.

Health CareManufacturingMedical
Series BNov 18, 2025
Amount Raised: $14,063,313
Hechun Medical

Suzhou, Jiangsu, China

HeChun Medical is a developer of wearable smart devices focused on chronic disease management.

Series BNov 17, 2025
Vybio

Hangzhou, Zhejiang, China

Vybio is a high-tech enterprise focusing on innovative drug research and development.

BiotechnologyMedicalOncologyPharmaceuticalTherapeutics
Series BNov 13, 2025
Amount Raised: $14,079,153
TandemAI

Shanghai, Shanghai, China

TandemAI is an advanced technology company dedicated to reinventing drug discovery infrastructure.

BiotechnologyMedical
Series ANov 13, 2025
Amount Raised: $22,000,000
Brise Pharma

Shanghai, Shanghai, China

Brise Pharma operates in the scientific research and technical service industry.

BiopharmaBiotechnologyPharmaceutical
Series ANov 11, 2025
Amount Raised: $28,099,359
Cornerstone Robotics

Hong Kong, Hong Kong Island, Hong Kong

Cornerstone Robotics operates to improve the accessibility of high-end medical services in China.

Health CareMedicalRobotics
Series UnknownNov 10, 2025
Amount Raised: $200,000,000
Microtide Biotechnology

Shanghai, Shanghai, China

Microtide Biotechnology an innovative company in the field of in vivo cell therapy.

AngelNov 5, 2025
Amount Raised: $14,031,543
Changsen Pharmaceutical

Shanghai, Shanghai, China

Changsen Pharmaceutical is a high-tech enterprise specializing in the research and development of oncology drugs.

Health Care
Series BOct 27, 2025
Future Intelligence

Hefei, Anhui, China

Future Intelligence is a technology startup focused on making human-computer interaction more feasible.

Artificial Intelligence (AI)ElectronicsHardwareManufacturing
Series AOct 13, 2025
Amount Raised: $14,022,885