A look at one of China’s largest angel investors, with a penchant for artificial intelligence.
Anna Fang, Founding Partner and CEO of ZhenFund, speaking on the Startup University stage during day three of RISE in Hong Kong, July 13, 2017. Credit: Stephen McCarthy/RISE/Sportsfile via Flickr
Chinese venture capital firms have mostly shied away from high-value deals this year amid waning confidence in the country’s economy. Total deal value is on track to plunge by 30 percent year-on-year, a recent report from PitchBook suggests.
One firm bucking this trend is ZhenFund, a Beijing-based angel investor which has helped several big names in the high-tech space get their start. Notable companies which have received funding from ZhenFund include autonomous aerial vehicle manufacturer
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