Nan Li, Founder of Snowball Finance

About Nan Li

Nan Li is a Managing Director at Obvious Ventures, a venture capital firm that invests in entrepreneurs reimagining various sectors of the global economy. He specializes in deep tech investments, focusing on companies transforming industries such as pharmaceuticals, protein therapy, industrial materials, and manufacturing. Prior to joining Obvious Ventures, Nan Li managed early-stage tech investments for Eric Schmidt's Innovation Endeavors and held leadership roles in Product, Operations, and Finance at Gigwalk. He also worked as a VC at Bain Capital Ventures, a management consultant at Bain & Company, and a Product Manager at Microsoft. He is an adjunct at Stanford University, lecturing on Applied Symbolic Systems in Venture Capital & Entrepreneurship.

Nan Li at a glance

• Company: Snowball Finance
• Total raised: $293M
• Latest round: Series E
• Investors: Orchid Asia, Ant Group, Sequoia Capital China, 5Y Capital, Renren
• Location: Beijing, China

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