Mark Mai is the founder and Managing Director of VenturesLab. See sector focus and contact routes.
Mark Mai is the founder and Managing Director of VenturesLab, a Beijing-based venture capital firm and internet-business incubator he co-founded in 2005 with Tim Draper, marking China’s first such incubator. With a venture capital career beginning in the mid-1990s, Mai co-founded Shanghai Pudong Ventures, one of China’s earliest VC firms, and later served as a venture partner at DFJ Dragon Fund in Silicon Valley. VenturesLab shifted focus to early-stage investments in 2010, targeting disruptive technologies and consumer tech startups primarily in China, while also investing as an LP in over 25 funds across China and the US. The firm typically invests in early-stage private companies and public equity, with a technology-focused thesis centered on mega-trend innovations. While specific check sizes and lead/follow behavior are not publicly detailed, VenturesLab has participated in rounds such as a follow-on investment in fintech startup Dowsure’s $20 million Series B. Notable portfolio companies include Docin, OKcoin, and startups incubated across internet-related fields, totaling nearly 100 since 2005. Mai is recognized as a serial entrepreneur and promi
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