Qingfeng Investment Management

Li Feng, the founding partner, leads all investment decisions. He built the firm in 2017 after a career that mixed technology entrepreneurship with early-stage venture investing. The investment team is compact, with Li Feng personally involved in sourcing, diligence, and portfolio company governance. The firm has not publicly disclosed other investment committee members or delegated authorities.

Qingfeng relies heavily on the founder networks Li Feng cultivated through his prior operating roles and investment track record in Shanghai's technology ecosystem. The firm positions itself as a founder-friendly, technically literate partner — a posture that generates inbound referrals from entrepreneurs, universities, and research labs. Qingfeng has not disclosed participation in formal LP-GP networks or co-investment clubs.

Qingfeng is a domestically registered private equity fund manager, not a family office. It manages third-party capital alongside GP commitment under China's private fund regulatory framework. The firm's concentrated portfolio and operator ethos can blur the distinction for outside observers, but its legal structure, investor base, and carry model are those of a conventional venture capital manager.

Qingfeng makes direct equity investments into private companies. There is no public record of the firm committing capital to third-party funds as a limited partner. The strategy is exclusively focused on direct, early-stage company exposure.

Qingfeng invests primarily from pre-A to B rounds, with a sweet spot at Series A. Initial checks run in the single-digit millions of dollars, with follow-on capacity to maintain pro-rata ownership in subsequent rounds. The firm does not typically pursue seed-stage or late-stage growth equity deals.

Qingfeng has not publicly stated formal sector exclusions. However, the firm's disclosed portfolio and stated thesis concentrate on enterprise technology, industrial automation, AI/ML, and healthcare services — implying no active mandate for consumer internet, real estate, natural resources, or financial services.

There is no publicly available information indicating Qingfeng or Li Feng operate a philanthropic foundation alongside the investment firm. The absence of disclosed charitable vehicles is noted, though not unusual for an emerging manager at the firm's reported scale.