# Spring Fund

Spring Fund is a Private Equity based in Beijing, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Beijing, China
- **Founded:** 2020
- **Assets under management:** Undisclosed
- **Website:** https://www.springfundinggroup.com

## Regulatory record

- **Reports private funds:** No

## About

Spring Funding Group provides small business financing including merchant cash advances, small business loans, SBA loans, and related services. The firm focuses on fast, flexible funding solutions and was built by Daniel Moore and Andrew Kennelly from their Brooklyn Navy Yard office. Its mission is to cut through red tape and deliver capital tailored to each client's needs.

## Sectors

- Small businesses

## People

- Daniel Moore
- Andrew Kennelly

## Questions

### What investment stages does Spring Fund typically target?

Spring Fund pursues a multi-stage venture capital strategy encompassing early-stage seed and startup rounds, expansion capital, and late-stage venture investments. This full-stack approach allows the firm to enter at initial institutional rounds and continue backing portfolio companies through subsequent financing events as they scale.

### Which sectors does Spring Fund focus on?

Spring Fund operates with a generalist mandate across China's technology landscape. The firm's investment activity covers enterprise software, artificial intelligence, consumer internet, and deep tech, reflecting the broad sector focus typical of domestic Chinese venture capital managers.

### Does Spring Fund participate in fund commitments or only direct deals?

Based on available public record, Spring Fund operates as a direct investor making equity investments into private companies rather than as a fund-of-funds. There is no indication of commitments to external venture capital funds or involvement in limited partner roles.

## Related profiles

- [Spring](https://altss.com/profile/spring)
- [Spring Venture Group](https://altss.com/profile/spring-venture-capital)

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Last updated: 2026-08-11T15:08:11.274Z

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