Fang Fund Partners

The firm invests from seed stage through to late-stage expansion. Its approach spans early-stage venture and growth equity, executing through both direct investments and a fund-of-funds model.

The firm manages a series of RMB and USD-denominated funds. It functions through a hybrid framework that layers direct project investments and primary fund commitments alongside an industrial incubation program and a distinct philanthropic support arm.

The firm’s primary focus areas fall into two broad categories. The first is TMT, covering artificial intelligence, big data, blockchain, and deep technology. The second is sustainable lifestyle, which includes medical health, organic agriculture, new retail, education, and sustainable consumer goods.

Yes, the firm explicitly integrates philanthropic support into its operational model. It channels charitable funding toward ecological progress, public welfare, and community health, positioning these activities alongside its commercial investment strategies to advance what it terms a 'shared ecological civilization.'

The firm is headquartered in Beijing and predominantly invests within China. It has backed more than 80 domestic and international companies, indicating a primary concentration on China with select exposure to global opportunities.