Yunqi Partners Closes Fund III, at Over USD300M

Yunqi Partners

Yunqi Partners, a Shangai, China-based early-stage investment firm that focuses exclusively on enterprise and productivity solutions, closed its third fund, at over USD300m.

Limited Partners in Yunqi Partners Fund III consist of endowments, foundations, pension funds, family offices and asset managers in the US, Asia and Europe.

Led by Co-Founders and Managing Partners Yi Pin Ng and Michael Mao, Yunqi is a venture capital firm focused on Enterprise and Productivity solutions made in or for China with an entrepreneurial team of more than 30 professionals with offices in Shanghai, Beijing and Shenzhen. 

The firm is an early institutional investor in multiple Unicorn companies, including PingCAP (cloud-native database), (Level 4 autonomous driving technology), Kujiale (home decoration software), XTransfer (cross border financial services), Baibu (textile B2B platform), XiaoPangXiong (home renovation B2B platform), Keenon Robotics (indoor intelligent robots) and Intco Regenerate (plastic recycling and regeneration).