ZH
ZhenFund
Venture capital firm · Founded 2011 · Active in 2026
ZhenFund is a venture capital firm based in Beijing, China, founded in 2011. The page below shows 32 Power Law outcomes from ZhenFund's portfolio — 28 unicorns ($1B+ valuation) and 2 additional thoroughbreds (companies that crossed $100M+ in revenue without yet reaching $1B+ valuation).
Outcomes are concentrated in AI · Transportation · Edtech; top portfolio geographies are China · USA · Singapore. ZhenFund ranks #57 in Global in the 2026 Dealroom Power Law Investor Ranking by cross-stage outcomes.
The 32 ZhenFund Power Law outcomes ($100M+ revenue or $1B+ valuation).
Snapshot of where the outcomes are concentrated by country, sector, and stage entered.
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China23
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USA6
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Singapore2
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Hong Kong1
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AI7
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Transportation7
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Edtech4
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Other B2B Software3
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Cybersecurity3
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eCommerce & Marketplaces2
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Other2
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Health Tech & Medtech1
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Biotech & Life Sciences1
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Fintech1
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Marketing1
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Series B+4
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Series A10
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Seed15
ZhenFund's 32 Power Law outcomes.
Where ZhenFund's founders come from — and where they study.
78 founders across the 32 Power Law outcomes — split by country of origin, university attended, and the company they worked at before founding. Tsinghua University and Microsoft are the deepest single pipelines.
Key people at ZhenFund.
How does ZhenFund stack up?
ZhenFund in orange, your selection in blue and other colours. Pick from the global roster of 35 peer investors — scope by startup location or hit "Find similar shapes" to auto-pick the three closest. The funnel matrix mirrors the spider chart on the ranking page; the line chart shows each firm's share of unicorns minted in the selected startup location — peaks reveal vintage years.
Share of new unicorns per year
% of global unicorns minted that year, year by year · hover the chart to see which unicornsStage focus
Companies by entry stage and outcome tierSector focus
Companies per investor across the 10 highest-volume sectorsSentiment on X
What X is saying about ZhenFund
An AI-synthesized read of the highest-engagement posts about ZhenFund on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
In the news
Latest news about ZhenFund
Recent press, funding announcements, and portfolio moves mentioning ZhenFund — pulled live from Dealroom's news feed.
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