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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?

PRCXI Biotechnology

Suzhou, Jiangsu, China

PRCXI Biotechnology is a biotech company that focuses on analytical instruments, bioinformatics and automation solutions for life sciences.

BioinformaticsBiotechnologyIndustrial AutomationManufacturingProduct Research
Series AJul 1, 2025
Amount Raised: $13,961,606
Tingsheng Technology

Nanjing, Jiangsu, China

Tingsheng Technology develops intra cardiac ultrasound ICE products.

Health CareMedical Device
Series BJun 25, 2025
Amount Raised: $13,943,695
Tianchen Biotechnology

Tianjin, Guangdong, China

Tianchen Biotechnology is a biotech company that specializes in the development and sales of ophthalmology-related medical products.

BiopharmaBiotechnologyMedical
Series CJun 3, 2025
Amount Raised: $27,823,764
AusperBio

Hangzhou, Zhejiang, China

AusperBio is a biotechnology company that develops innovative drugs for curing chronic hepatitis B and other major infectious diseases.

BiopharmaBiotechnologyPharmaceutical
Series BMay 28, 2025
Amount Raised: $50,000,000
LongBio Pharma

Pudong, Shandong, China

LongBio Pharma is a biotech company that treats patients with an emphasis on complement and allergy diseases.

BiotechnologyMedicalPharmaceutical
Series CMay 27, 2025
Amount Raised: $27,822,216
Pulnovo Medical

Wuxi, Anhui, China

Pulnovo Medical is a medical device company, specializing in the treatment of pulmonary artery hypertension.

Health CareMedicalMedical Device
Series UnknownMay 20, 2025
Engitist

Changshu, Jiangxi, China

Jiangling Technology provides high-quality optical measurement and inspection equipment to semiconductor customers around the world.

Information TechnologySemiconductorTest and Measurement
Series BMay 12, 2025
iflybuds

Hefei, Anhui, China

Vision Intelligence is a AI smart hardware company.

Artificial Intelligence (AI)ElectronicsHardwareManufacturing
SeedApr 22, 2025
TARS

Xuhui, Shanghai, China

TARS is a company that integrates embodied intelligence.

Autonomous VehiclesHealth CareLogisticsManufacturing
AngelMar 26, 2025
Amount Raised: $120,000,000

Force Inspiration is a start-up focusing on embodied intelligence technology.

AngelMar 25, 2025
Amount Raised: $27,558,079