China Venture Capital Firm
Qiming Venture Partners (Qiming; Chinese : 啟明創投 ; pinyin : Qǐmíng chuàngtóu China -based venture capital firm. It primarily invests in technology, Internet and healthcare-related companies across China.[ 2] [ 3] ByteDance , Xiaomi , Meituan , and Bilibili .[ 2] [ 4] [ 5] South China Morning Post , from January 2019 to May 2020, it was the seventh-most active venture capital firm in China.[ 6]
Background
Qiming was founded in 2006 by Gary Rieschel and Duane Kuang.[ 2] [ 7] Softbank and Intel Capital respectively.[ 8] Nisa Leung joined the firm that year and would become its managing partner. [ 9]
Qiming focuses on investments in China.[ 5] [ 7] Princeton University , Duke University and the Robert Wood Johnson Foundation .[ 7]
In 2017, the firm set up its American branch, Qiming Venture Partners (USA).[ 10]
In February 2025, Leung stepped down from her position as managing partner of Qiming in what was seen as a leadership change in the firm.[ 11]
References
^ "Form ADV" (PDF) . SEC . Archived (PDF) from the original on 24 November 2022. Retrieved 24 November 2022 .^ a b c "Sequoia's China Rival Targets Drug Startups That Can Go Global" . Bloomberg.com . 27 February 2019. Archived from the original on 31 March 2019. Retrieved 15 July 2023 .^ Deng, Chao (12 December 2012). "Why Chinese Startup Investor Qiming Is Bullish for 2013" . Wall Street Journal . ISSN 0099-9660 . Archived from the original on 15 July 2023. Retrieved 15 July 2023 . ^ Zhang, Jane (11 July 2022). "Early Xiaomi Backer Raises $3.2 Billion as China VCs Bounce Back" . Bloomberg.com . Archived from the original on 15 November 2023. Retrieved 11 July 2022 . ^ a b Chen, Eliot (10 April 2022). "Who is Qiming Venture Partners?" . The Wire China . Archived from the original on 11 April 2022. Retrieved 23 June 2022 . ^ "China Internet Report 2020" (PDF) . 9 February 2023. Archived from the original (PDF) on 9 February 2023. Retrieved 11 February 2023 .^ a b c Oster, Shai (8 February 2016). "China Venture Firm Raises $648 Million From Princeton, Duke" . Bloomberg.com . Archived from the original on 6 May 2021. Retrieved 3 July 2023 . ^ Flannery, Russell. "Homeward Bound Gary Rieschel Talks About China VC, Huawei And Colliding Garbage Trucks" . Forbes . Archived from the original on 20 January 2023. Retrieved 20 January 2023 . ^ Smith, Martin (24 August 2018). "Investing in China: It's Still "the Wild, Wild West" . Stanford Graduate School of Business . Retrieved 28 March 2025 . ^ "启明创投荣获2019新浪飞亚奖最佳大湾区投资机构" . Sina . 26 May 2019. Retrieved 28 March 2025 .^ Xue, Yujie (18 February 2025). "Chinese venture capitalist Nisa Leung leaves Qiming after 19-year stint" . South China Morning Post . Retrieved 28 March 2025 .
External links
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