2025 Silent Capital Report now available. Where family offices and LPs are actually deploying. [Download for free →]
About usSign in
Status
ACTIVE
Global HQ
Beijing, China
Countries of investment
  • China
Investment stages
  • Seed
  • Series A
  • Series B
  • Growth
Industries
  • Technology
  • Media
  • Telecommunications
  • Artificial Intelligence
  • Consumer
  • Healthcare
  • Enterprise Software
  • Fintech
About
Gaorong Capital is a Beijing-based venture capital firm founded in 2014 by three former IDG Capital partners. The firm focuses on new consumption, new technology, and healthcare sectors, backed by sovereign and pension funds, university endowments, and family offices. Gaorong's portfolio includes major Chinese unicorns such as Meituan, Pinduoduo, and Nuro, with 17 unicorns and 16 IPOs among its portfolio companies.
Min check size
$5M
Max check size
$50M
Fund size
NPS

Investment Thesis

Gaorong Capital focuses on early and growth-stage investments in TMT, AI, and frontier technologies, positioning itself as "China's Founders' Fund" with strategic investors including founders and senior managers of Tencent, Baidu, Taobao, Xiaomi, and Meituan.
Lead investor
Co Invest
Number of exits
Preferred contact method

Manager's Experience

The team at Gaorong Capital is led by Founding Partners Zhang Zhen, Yue Bin, and Gao Xiang, all former IDG Capital partners who founded the firm in 2014. The partners bring deep TMT investing experience and strategic relationships with founders and senior managers of Tencent, Alibaba, Baidu, JD, Xiaomi, and Meituan who serve as LPs. The team combines portfolio construction across 244+ companies with hands-on support, having backed 17 unicorns and 16 IPOs including Meituan, Pinduoduo, and Nuro.

Gaorong Capital Contacts Information

Primary contact

Secondary contact

Team

Zhang Zhen - Founding Partner

Yue Bin - Founding Partner

Gao Xiang - Founding Partner

Portfolio

Meituan

Pinduoduo

Nuro

Xiaomi

Huya

Huami

Lifesense

Roborock

Good Doctor

BIGO LIVE

Beibei

Leqee

DotC

Yitu

DeePhi

Zhongrongjin

Finup Group

Alauda

Aika

QuantGroup

Shuidihuzhu

Testin

Doumi

Urwork

Innoviz

OPay

Moonshot AI

MiniMax

Flexiv Robotics

Geek+

Galaxy Space

XYZ Robotics

Kelan Pharmaceutical

Jinghe Biotech

Cornerstone Robotics

SHPT

Waffo

Fund number
Vintage Year
Net Internal Rate of Return
Investment Multiple
Capital Allocation
Management Fee
Carried Interest
AUM
Follow-on Investments
Graduation Rate
Write-Off Ratio
Last profile update timestamp