Zhen Fund

Zhen Fund accounts for 11 tracked companies with verified cap-table data, 11 of which disclose round sizes totalling $2.4B. The median disclosed raise is $78M, and the largest is Xiaohongshu at $900M, ahead of Advance Intelligence Group ($700M) and Intellifusion ($287M).

The names that recur most often on these portfolio cap tables are Zhen Fund (11 companies), Tencent (2 companies), Hillhouse (2 companies), IDG Capital (2 companies), DST Global (1 company), Temasek (1 company). By latest disclosed round, the market skews Series F (2), Series B (2), Series A (2), Growth (1).

• Companies tracked: 11
• Disclosed funding total: $2.4B across 11 companies
• Median disclosed raise: $78M
• Largest raise: Xiaohongshu — $900M
• Stage mix: Series F 2 · Series B 2 · Series A 2 · Growth 1
• Most recent dated round: 2023-05-05

Best funded Zhen Fund companies

1. Xiaohongshu — $900M (latest: Series F)
2. Advance Intelligence Group — $700M (latest: Growth)
3. Intellifusion — $287M (latest: IPO)
4. Synyi — $157M (latest: Series F)
5. Tichuang Biotechnology — $100M
6. Youibot — $78M (latest: Series B)
7. Citcon — $60M (latest: Series C)
8. Syrius Robotics — $51M (latest: Series B)
9. Vastai Technologies — $50M (latest: Series A)
10. X-EPIC — $46M (latest: Series A)
11. Remebot — $9M (latest: Series D)

Zhen Fund — related firms and companies (53)

• Xiaohongshu
• Advance Intelligence Group
• Intellifusion
• Synyi
• Tichuang Biotechnology
• Youibot
• Citcon
• Syrius Robotics
• Vastai Technologies
• X-EPIC
• Remebot
• Zhen Fund co-investors 2026
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Zhen Fund profile · All research reports