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    Ceyuan Ventures logo

    Ceyuan Ventures

    Beijing, ChinaFounded 2004
    www.ceyuan.com/en/index.htmlLinkedIn
    AIConsumerCybersecurityEnterprise SoftwareFintechHealthcareLogistics & Supply Chain

    Ceyuan Ventures is a Beijing-based early-stage venture capital firm focused on IT and emerging growth companies in China. The firm emphasizes backing great teams, advanced technology, and innovative business models, investing across sectors such as AI, fintech, healthcare, and consumer technology.

    31% of their portfolio is in Consumer. Average disclosed round size is $36.5M (across 15 rounds with reported amounts).

    Find people at Ceyuan Ventures on Goldilocks AI

    Portfolio

    10

    Fund Size

    —

    Top Stage

    Series A

    Last 12 Mo

    0

    Team

    BF

    Bo Feng

    Founding Partner

    YY

    Ye Yuan

    Managing Partner

    CS

    Chong Sun

    Partner

    KW

    Kevin Wen

    Partner

    YC

    Yicheng Chang

    Director

    AP

    Anna Peng

    VP

    FY

    Fay Yang

    VP

    FZ

    Flora Zhang

    VP of Finance

    CY

    Chen Yuan

    Chief Legal Counsel

    DZ

    Diona Zhang

    Executive Assistant

    HY

    Han Yu

    Executive Assistant

    KW

    Kitty Wang

    CFO

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    16 investments
    CompanyRoundAmountDate
    UUltrainSeed$20MJan 2018
    RenRenChe logoRenRenCheSeries D$200MSep 2017
    Kanzhun logoKanzhunSeries C$28MJan 2016
    Flexport logoFlexportSeries A$20MAug 2015
    Delectable logoDelectableSeries A$3MMay 2014
    Farfetch logoFarfetchSeries C$66MApr 2014
    Delectable logoDelectableSeries A$3MJan 2014
    RenRenChe logoRenRenCheUnknown$25MJan 2014
    Lightinthebox logoLightintheboxIpo$78.8MJun 2013
    Douban logoDoubanUnknown$7MJan 2010
    NNetQinUnknown$20MJan 2010
    Farfetch logoFarfetchSeries D$4.5MJan 2010
    Douban logoDoubanSeries A$2MJan 2006
    Secret logoSecretSeries B$35M—
    Lightinthebox logoLightintheboxSeries B——
    Lightinthebox logoLightintheboxBridge$35M—

    Top Co-Investors

    Sky9 Capital4 shared
    Sequoia Capital3 shared
    Shunwei Capital3 shared
    Index Ventures2 shared
    Fuel Ventures2 shared
    Advent International2 shared
    Vitruvian Partners2 shared
    BAI Capital2 shared
    GSR Ventures2 shared
    Sway Capital2 shared
    The Goldman Sachs Group, Inc.2 shared
    Redpoint Ventures2 shared
    DiDi2 shared
    Kleiner Perkins1 shared
    GV1 shared
    SV Angel1 shared
    Scrub Capital1 shared
    Evolution Equity Partners1 shared
    Morningside1 shared
    Bixin Ventures1 shared

    Last updated: 20 October 2026