# Qiji Venture

Qiji Venture is a Venture Capital based in Hangzhou, China.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Hangzhou, China
- **Region:** Asia
- **Address:** Hangzhou, China
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

Qiji Venture is a venture capital firm based in Hangzhou, China. It focuses on investment opportunities. The firm is headquartered in Hangzhou.

## Sectors

- Enterprise Software
- AI/ML
- FinTech
- Infrastructure

## People

- Lu Qi — Founder
- Mao Shengbo — Partner, Miracle Plus
- Jing Peng — Partner, Miracle Plus
- Guo Rui — Partner, Miracle Plus

## Questions

### Who runs investment decisions at Qiji Venture?

Lu Qi, the firm's founder, sets investment strategy and leads deal selection. He brings executive experience from Baidu, where he was president and chief operating officer, and from Microsoft, where he served as executive vice president of the Applications and Services Group. The investment partnership includes Mao Shengbo, Jing Peng, and Guo Rui, who operate across both Qiji Venture and the Miracle Plus accelerator platform.

### How does Qiji Venture source proprietary deal flow?

Qiji's primary sourcing advantage is its integration with Miracle Plus, the startup accelerator Lu Qi founded. Miracle Plus runs structured cohorts where startups receive mentorship, funding connections, and operational support. The strongest graduates from these cohorts become visible to Qiji for follow-on venture investment before broader market discovery, creating an information edge on team quality and product traction.

### What investment stages does Qiji Venture typically target?

Qiji deploys across seed-stage, venture, and PIPE transactions. The accelerator connection skews the portfolio toward early-stage companies emerging from Miracle Plus programs, but the PIPE mandate adds later-stage flexibility for more mature companies seeking pre-IPO or structured equity rounds. This range allows the firm to hold positions from formation through to public-market adjacency.

### Who are the limited partners or co-investors backing Qiji and Miracle Plus?

Miracle Plus's disclosed limited partners for its RMB Fund I include JD.com and its founder Richard Liu, along with Sequoia China through its Sequoia Yuhui entity. These institutional anchors participate as co-investors, aligning a major Chinese e-commerce platform and a top-tier venture franchise with the accelerator's pipeline. Qiji Venture's co-investment model leverages these relationships for deal origination and follow-on capacity.

### Which specific companies has Qiji Venture backed?

Confirmed portfolio companies include IoTeX, a blockchain platform for machine data and device identity; Puffer Finance, a liquid staking protocol on Ethereum; Network3, a decentralized edge computing network; and Smart Layer, formerly known as TokenScript, which builds a framework for tokenized digital rights. These positions suggest concentrated exposure to decentralized infrastructure and Web3 protocol layers.

## Related profiles

- [Qihang Capital](https://altss.com/profile/qihang-capital)
- [Qijiu Investment](https://altss.com/profile/qijiu-investment)

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Last updated: 2026-06-03T20:00:00.000Z

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