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Investor profile

Qiming Venture Partners

Venture Capital · Founded 2006 · Hong Kong

A China-based venture capital firm specialized in building new companies in China

542 portfolio companies Venture Capital · $27B invested · 890 investments · Investor rank #95 · Last investment 7/2026
Portfolio companies 542 ↑ 40% 5y
Decacorns 6 ↑ 25% 5y
Thoroughbreds 29 ↑ 8% 5y
01 · Biggest holdings

Qiming Venture Partners’ biggest current holdings.

The most valuable companies Qiming Venture Partners still holds — unicorns and thoroughbreds it has backed, ordered by Dealroom’s latest valuation. Companies that have been acquired or gone public are in Exits instead. Where a cap table names Qiming Venture Partners directly, the stake and its estimated value are shown too.

#CompanyEst. stakeValuationEst. value
  1. 1 ByteDanceCenticorn · Media · China $550B
  2. 2 WeDoctorUnicorn · Health · China 2.2% $6.8B $150M
  3. 3 MegviiUnicorn · Robotics · China 2.5% $4.0B $100M
  4. 4 ROX MotorUnicorn · Transportation · China 13.3% $4.0B $798M
  5. 5 StepFunUnicorn · Enterprise Software · China $3.5B
  6. 6 Nice TuanUnicorn · Food · China $3.0B
  7. 7 Beijing EasyShare TechnologyUnicorn · Telecom · China $3.0B
  8. 8 GalbotUnicorn · Robotics · China $2.9B
  9. 9 CloudMindsUnicorn · Robotics · USA $2.8B
  10. 10 Miaoshou DoctorUnicorn · Health · China 6.9% $2.3B $161M
  11. 11 TARS RoboticsUnicorn · Robotics · China $1.9B
  12. 12 MafengwoUnicorn · Travel · China $1.8B

Estimated value = Qiming Venture Partners’ disclosed ownership % × Dealroom’s latest company valuation; direct named stakes only, exited positions excluded. Figures are indicative, not reported marks. See the underlying cap tables on Dealroom →

02 · Exits

Qiming Venture Partners’ biggest exits.

Portfolio companies that IPO’d or were acquired at $1B+, with the valuation recorded at exit and — for those still public — their value today. Exit events come from each company’s funding-round history; entry stage from Qiming Venture Partners’ transaction record.

$54B IPO · 2018
Entered Series ANow $75BTelecom
$6.6B IPO · 2026
Entered Series B+Now $70BEnterprise Software
$53B IPO · 2018
Now $59BTelecom
$6.0B IPO · 2025
Entered Series ANow $12BSemiconductors
$9.7B IPO · 2025
Entered Series ANow $9.7BMedia
$6.6B IPO · 2021
Entered Series B+Now $448MFood
Hangzhou Tigermed
IPO · 2012
Entered Series ANow $6.0BHealth
$3.2B IPO · 2018
Entered Series B+Now $5.5BMedia
Gan & Lee Pharmaceutical
$5.0B IPO · 2020
Entered Series ANow $5.3BHealth
$122M IPO · 2023
Entered Series ANow $4.9BRobotics
$4.7B IPO · 2020
Now $2.9BHome Living
$4.6B IPO · 2016
Entered Series B+Now $2.1BMedia
03 · Portfolio analysis

Where Qiming Venture Partners’ portfolio is concentrated.

Distribution of portfolio companies by headquarters country, sector, entry stage and current growth stage. Across all 542 portfolio companies. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.

By countryCount
  1. China491
  2. USA75
  3. Hong Kong14
  4. Singapore9
  5. Canada4
  6. UK4
  7. Indonesia3
  8. Taiwan2
  9. Australia1
  10. Brazil1
  11. Cyprus1
  12. India1
By sectorCount
  1. Health201
  2. Media34
  3. Enterprise Software33
  4. Transportation28
  5. Fintech27
  6. Education22
  7. Semiconductors22
  8. Robotics20
  9. Energy18
  10. Food17
  11. Marketing17
  12. Fashion15
By stage enteredCount
  1. Series A248
  2. Series B+232
  3. Seed61
By growth stageCount
  1. Early Growth233
  2. Breakout Stage225
  3. Late Growth175
  4. Mature4
04 · Portfolio market map

Inside Qiming Venture Partners’ portfolio.

The 60 highest-funded portfolio companies, of 542 tracked.

Meituan
Telecom · Decacorn
$59B
ByteDance
Media · Centicorn
$550B
StepFun
Enterprise Software · Unicorn
$3.5B
MissFresh
Food
$7.3M
Megvii
Robotics · Unicorn
$4.0B
Xiaomi
Telecom · Decacorn
$75B
WeDoctor
Health · Unicorn
$6.8B
ROX Motor
Transportation · Unicorn
$4.0B
UBTECH Robotics
Robotics · Unicorn
$4.9B
Dingdong Maicai
Food
$448M
Nice Tuan
Food · Unicorn
$3.0B
Z.ai | Zhipu AI
Enterprise Software · Decacorn
$70B
Zhihu
Media
Abogen Biosciences
Health · Unicorn
$1.2B
WeRide
Transportation · Unicorn
$4.4B
LanzaTech
Energy
$77M
Tuhu
Transportation
$539M
Galbot
Robotics · Unicorn
$2.9B
Miaoshou Doctor
Health · Unicorn
$2.3B
Mobike
Transportation · Unicorn
$2.7B
Shengshu Technology
Media · Unicorn
$2.0B
Akulaku
Fintech · Unicorn
$1.8B
Zai Lab
Health · Unicorn
$2.1B
Beijing Yuanxin Technology
Unicorn
$2.3B
Biren Technology
Semiconductors · Decacorn
$12B
DeepWay
Transportation · Unicorn
$1.2B
Novast Laboratories
Health
$705M
Tujia
Travel · Unicorn
$1.5B
DST Car
Energy
$400M
TARS Robotics
Robotics · Unicorn
$1.9B
CloudMinds
Robotics · Unicorn
$2.8B
Vancl
Fashion · Unicorn
$3.0B
LetsGetChecked
Health · Unicorn
$1.0B
Hesai
Robotics · Unicorn
$2.2B
InSilico Medicine
Health · Unicorn
$3.1B
Bilibili
Media · Unicorn
$5.5B
Meitu
Media · Unicorn
$2.1B
Structure Therapeutics
Health · Unicorn
$2.4B
Cornerstone Robotics
Health
$800M
Genor Biopharma
Health
$67M
Mafengwo
Travel · Unicorn
$1.8B
Mogujie
Fashion
Arrail Dental Clinic
Health
$800M
OriCell Therapeutics
Health
$600M
Qiniu
Hosting
$564M
Schrodinger
Health · Unicorn
$1.1B
Wacai
Fintech · Unicorn
$1.0B
Windward Bio
Health
$825M
Unisound
Enterprise Software
$680M
SinoTau
Health
$605M
Leyden Labs
Health
$176M
Caidya
Health
$200M
ITutorGroup
Education · Unicorn
$1.6B
Shukun Technology
Health · Unicorn
$1.5B
WorkTrans
Jobs Recruitment
$560M
Mech-Mind Robotics
Robotics
$850M
eHi Car Services
Home Living
$95M
Axera
Semiconductors · Unicorn
$1.0B
Abbisko Therapeutics
Health · Unicorn
$1.1B
Bang Er Orthopedic
Health
$439M
05 · Portfolio founders

Where Qiming Venture Partners’ portfolio founders come from.

162 founders across the 100 highest-funded portfolio companies — by current location, university attended, and the companies they worked at before founding. Sourced from the founder records the API links to each portfolio company.

LocationCount
  1. China122
  2. United States28
  3. Netherlands4
  4. Germany1
  5. Indonesia1
  6. Ireland1
  7. Senegal1
  8. Switzerland1
UniversityCount
  1. Tsinghua University15
  2. Stanford University5
  3. The University of Chicago4
  4. Harvard University3
  5. Zhejiang University3
  6. Carnegie Mellon University2
  7. Columbia University2
  8. Fudan University2
  9. Harvard Business School2
  10. Leiden University2
Previous companyCount
  1. Microsoft8
  2. Alphabet | Google4
  3. Stanford University4
  4. Oracle3
  5. Apple2
  6. AT&T2
  7. Bain & Company2
  8. ByteDance2
  9. Fiat Chrysler Automobiles2
  10. Janssen Vaccines2