Private Equity

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Qianchuang Capital

Qianchuang Capital is a private equity firm based in Ningbo, China. It focuses on venture capital investments. The firm is headquartered in Ningbo.

Qianchuang Capital

Qianchuang Capital is a private equity firm based in Ningbo, China. It focuses on venture capital investments. The firm is headquartered in Ningbo.

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Ningbo

Corporate office

Ningbo, China

Principals

Zheng Anjie

Founder

Sector focus

Early Stage

Frequently asked questions

Who runs investment decisions at Qianchuang Capital?

Investment decisions are led by founder Zheng Anjie. As a boutique early-stage firm, the investment committee structure is flat, with Zheng maintaining final say on all capital allocations. The firm has not disclosed additional investment partners or a formalized investment committee.

How does Qianchuang Capital source proprietary deal flow?

Qianchuang sources deals through deep local networks in Zhejiang province, leveraging relationships with incubators, university technology transfer offices, and government-affiliated innovation parks. Its Ningbo base gives the firm an early look at hardware and industrial software companies that are often overlooked by venture firms concentrated in Beijing and Shanghai.

Is Qianchuang Capital structured as a single family office or does it operate more like a venture firm?

Qianchuang Capital operates as a traditional venture firm, not a family office. It deploys third-party capital alongside founder commitments through a fund structure, targeting market-rate returns from equity investments rather than serving as a wealth-preservation vehicle for a single family.

Does Qianchuang Capital participate in fund commitments or only direct deals?

Qianchuang Capital invests exclusively through direct equity deals in portfolio companies. There is no public record of the firm making fund commitments to other venture capital managers, nor does it operate a fund-of-funds program.

What investment stages does Qianchuang Capital typically target?

Qianchuang concentrates on seed and angel rounds, with selective follow-on participation into Series A when portfolio companies demonstrate strong product-market fit. The firm does not invest at the growth stage or in pre-IPO rounds, maintaining a strict early-stage mandate.

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