Qisheng Equity Investment Management

Qisheng targets the seed stage, the earliest phase of institutional venture capital. The firm provides initial equity funding to startups that are often pre-revenue. This strategy typically involves smaller check sizes and a higher risk profile compared to growth-equity or buyout funds. Specific check-size ranges have not been made public.

Qisheng is headquartered in Nanjing, China, and operates within the Chinese domestic market. There is no public indication of cross-border investment activity or offices outside mainland China. The firm's physical presence in Nanjing suggests a concentration on companies in Jiangsu province and the broader Yangtze River Delta region.

No. Qisheng has not published an AUM figure in any public filing, regulatory database, or media report. The capital base is not disclosed. For peer family offices and institutional allocators evaluating early-stage Chinese PE firms, this opacity is not unusual for smaller, unlisted regional managers.

The firm has not disclosed its founders, partners, or investment committee members. Searches of Chinese corporate registries, financial media, and private equity databases do not surface named principals. This lack of disclosure makes direct manager due diligence difficult for external parties.

Given its Nanjing headquarters, domestic focus, and seed-stage mandate, Qisheng likely operates RMB-denominated vehicles — the standard structure for China-focused firms without cross-border LP bases. However, the firm has not confirmed this publicly, and no fund registration details are available through the Asset Management Association of China's public system under variations of this name.