About Zero2IPO Ventures
Zero2IPO Ventures is a venture capital firm founded in 2006. It is primarily based out of Beijing, China. As of Jul 2026, Zero2IPO Ventures is an active investor, having invested in 65 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in China based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Angel round of Guangxiang Technology Overall, Zero2IPO Ventures portfolio has seen 7 IPOs and 2 acquisitions including key companies like Qihoo 360 Technology, Sunlands and Rong 360. A lot of funds co-invest with Zero2IPO Ventures, with names like IDG Capital sharing a substantial percentage of its portfolio. Zero2IPO Ventures has team of 2 people including 1 partners.Key Metrics
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series A, Seed & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
Zero2IPO Ventures' List of Top Investments
Zero2IPO Ventures has a portfolio of 65 companies. Their most notable investments are in Tianya and OriGene.Their portfolio spans across China, Taiwan, United Kingdom and 1 more locations. They have invested in Enterprise Applications, Consumer, Retail and 20 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Zero2IPO Ventures:Qihoo 360 Technology Co Ltd (Qihoo 360), provides internet services and sales and development of anti-virus software in China. It provides a security solution for computer, mobile, and internet. Its Internet and mobile security products include 360 SafeGuard and 360 Anti-virus, Internet security products in China and 360 Mobile Safe, the mobile security product in China. The Company generates revenues primarily through offering services, such as online advertising and Internet value-added services. Online advertising offers advertising services by providing marketing opportunities on its websites and secure platform products to its advertising customers. In 2019, the company recorded annual revenues of $1.8B, and a net profit of $0.8B.
Key facts about Qihoo 360 Technology
- Founded Year: 2005
- Location: Chaoyang (China)
- Stage: Public
- Total Funding till date: $25M
- Employee Count: 3,051 as on Mar 31, 2026
- Investors: Trustbridge Partners, China Elite Capital and 17 Others
- Latest Funding Round: Post IPO, Aug 29, 2013, $*****
- Highlight: Public
2. Sunlands
Instructor-led live classroom training platform. It provides users with an option to choose suitable courses and subjects to learn from different instructors. It also enables users to attempt different exams.
Key facts about Sunlands
- Founded Year: 2008
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $90M
- Employee Count: 20 as on May 31, 2026
- Investors: Primavera, Overture Wealth and 2 Others
- Latest Funding Round: Series B, Aug 2017, $*****
- Highlight: Public
3. Rong 360
Rong 360 is an online comparison platform for financial products. It provides a comparison for consumer & business loans, mortgage loans, credit cards, and more. It also provides advisory services. It provides comparison from multiple banks and lenders.
Key facts about Rong 360
- Founded Year: 2011
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $255M
- Investors: Yunfeng Capital, Kleiner Perkins and 11 Others
- Latest Funding Round: Series D, Oct 12, 2015, $*****
- Highlight: Public
4. Bona Film
Provider of film investment, distribution, and cinema services. This entity invests in and distributes films, and also manages cinema chains. Its operations encompass various aspects of the film industry, including copyright management, IP development, advertising, and talent representation. The company produces and releases films, and operates numerous multi-screen cinemas. It integrates technological innovation into its production processes, utilizing AI and other advanced technologies. The company also produces television series and short-form video content.
Key facts about Bona Film
- Founded Year: 1999
- Location: Beijing (China)
- Stage: Public
- Total Funding till date: $44.5M
- Employee Count: 121 as on Jul 01, 2024
- Investors: SAIF Partners, SIG and 8 Others
- Latest Funding Round: Series C, Jul 2010, $*****
- Highlight: Public
5. iDreamSky
Developer of mobile games and operator of entertainment service platforms. The company focuses on creating and distributing interactive entertainment experiences. It also develops artificial intelligence tools for game development and operation. The company provides various services, including customer service, user agreements, and privacy policies.
Key facts about iDreamSky
- Founded Year: 2009
- Location: Shenzhen (China)
- Stage: Public
- Total Funding till date: $27M
- Employee Count: 325 as on May 31, 2026
- Investors: Cornerstone Capital, Legend Capital and 14 Others
- Latest Funding Round: Post IPO, Nov 27, 2019, $*****
- Highlight: Public
Zero2IPO Ventures' Year-on-Year Investment Trends
Zero2IPO Ventures has invested in 65 companies over the last 21 years, with an average of 0 new investment annually in the last 10 years. As of Jul 2026, it has made 1 investment in this year. Its most recent first time investment was in Guangxiang Technology and most recent follow-on round was in ABC360.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
2017 | 1 | 1 | 2 |
Zero2IPO Ventures' Investments by Stage
Zero2IPO Ventures has made 15 investments in Series A stage with an average round size of $46.9M, 6 investments in Seed stage with an average round size of $1.48M, 5 investments in Angel stage with an average round size of $897K and 2 investments in Series B stage with an average round size of $15.6M.Stage of entry | No. of Investments |
|---|---|
Series A | 15 |
Seed | 6 |
Angel | 5 |
Series B | 2 |
Note: We have considered here, only first round of investments
Zero2IPO Ventures' Investments by Sector
Zero2IPO Ventures has a diverse portfolio, with companies operating in the Consumer, FinTech, Gaming, High Tech and Mobile. Notably, it has invested in 45 Tech companies, 39 Consumer (B2C) companies, 22 Enterprise (B2B) companies and at least 19 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 11 |
FinTech | 6 |
Gaming | 5 |
High Tech | 5 |
Mobile | 4 |
Others | 34 |
Note: We have considered here, only first round of investments
Zero2IPO Ventures' Investments by Geography
Zero2IPO Ventures has made most investments in China (24), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
China | 24 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Zero2IPO Ventures' recent investments
Zero2IPO Ventures has made 1 investments in 2026 so far - Guangxiang Technology.Here are the most recent investments by Zero2IPO Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 05, 2026 | - | Angel | 2917 | [+7] | |
Jan 04, 2023 | - | Series A | 9340 | ||
Mar 2018 | United Kingdom | Series A | 5471 | - | |
Apr 19, 2017 | China | Series B | 9171 | - | |
Jan 09, 2017 | China | Seed | 5349 |
IPOs and Publicly Listed companies in Zero2IPO Ventures' Portfolio
7 of Zero2IPO Ventures' portfolio companies have become public. Sunlands got listed on the New York Stock Exchange (NYSE), in Mar 2018 at marketcap of $20.9M and Rong 360 got listed on the American Stock Exchange (NYSEAMERICAN) at marketcap of undefined.Here are Zero2IPO Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 23, 2018 | - | - | 3949 | |
Nov 17, 2017 | Mar 2012 | Series A | 9693 | |
Jul 17, 2015 | Mar 20, 2012 | Series A | 1719 | |
Apr 08, 2015 | May 23, 2011 | Series A | 6644 | |
Aug 07, 2014 | - | - | 6170 |
Acquired companies in Zero2IPO Ventures' Portfolio
2 companies from Zero2IPO Ventures' portfolio have been acquired. The most recent acquisition was Koala Reading in Apr 2021 by 51Talk for $*****.Here are Zero2IPO Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 23, 2021 | - | - | 6559 | |
Sep 26, 2011 | - | - | 4214 |
Team profile of Zero2IPO Ventures
Zero2IPO Ventures has a team of 2 members located in China. Zero2IPO Ventures' team does not sit on the board of any company as of now.Co-investors of Zero2IPO Ventures
Over the past 21 years, 68 investors have co-invested in Zero2IPO Ventures's portfolio companies. This includes only funds.
- Invested before Zero2IPO Ventures: NHGRI, GeekFounders and 5 others have invested in rounds before Zero2IPO Ventures. There is 1 company where NHGRI has invested before Zero2IPO Ventures and 1 company where GeekFounders has invested before Zero2IPO Ventures.
- Top Co-investors of Zero2IPO Ventures: 31 investors entered a company along with Zero2IPO Ventures. These include investors like IDG Capital (2 companies).
- Invested after Zero2IPO Ventures: A total of 30 investors have invested in Zero2IPO Ventures's portfolio after their investments. Top Investors include Sequoia Capital (2 companies), Sequoia Capital China (1 company) and Pavillion Capital (1 company).
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