Gopher Asset Management is a Shanghai-based alternative asset management firm founded in 2010 as a subsidiary of Noah Holdings. The firm specializes in private equity fund-of-funds, secondary investments, and venture capital across the United States and China.
Average disclosed round size is $150.6M (across 19 rounds with reported amounts).
Portfolio
16
Fund Size
—
Top Stage
Series B
Last 12 Mo
0
Team
Yin Zhe
Founding Partner, Chairman of Gopher Asset；Co-founder, Executive Director of Noah Wealth Management
Huang Qian
Managing Partner for Private Equity Investment (Silicon Valley)
Liu Yihao
Managing Partner for Private Equity Investment
Zhang Kejian
Managing Partner, Private Equity
Ning Dongli
Managing Director of the Multi-strategy Fund Investment Department
Wu Jing
Managing Director, Digital Portfolio Management
Chen Tiansong(Roy)
Partner for Real Estate Investment (U.S.)
Guo Feng
Partner for Private Equity Investment
He Sheng
CTO
Peng Jing
CEO of Gopher Asset
Xu Lei
CCO
Ye Fang
COO
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
| TTicketRev | Pre-Seed | $1.1M | Apr 2023 |
 Petal | Series D | $140M | Jan 2022 |
 Upgrade, Inc. | Series F | $280M | Nov 2021 |
 Upgrade | Series F | $280M | Nov 2021 |
 Kodiak | Series B | $125M | Nov 2021 |
| KKodiak Robotics, Inc. | Series B | $125M | Nov 2021 |
 FLYR | Series C | $150M | Sep 2021 |
 Kyligence | Series D | $70M | Apr 2021 |
 Yuanxin | Series E | $466M | Feb 2021 |
 Petal | Unknown | $34M | Feb 2021 |
| VVesper MEMS | Series B | $23M | Jan 2021 |
| FLYR | Series C | $150M | Jan 2021 |
| Upgrade | Series E | $280M | Jan 2021 |
 LandSpace | Series C | — | Jan 2020 |
| VVaro Money | Series C | $100M | Jul 2019 |
 Kr Space | Series B | $145M | Jan 2019 |
 Adagene | Series C | $50M | Mar 2018 |
| Kr Space | Series B | $300M | Jan 2018 |
 Kidizen | Series A | $3.2M | Jan 2017 |
| Petal | Series D | $140M | — |
Top Co-Investors
Last updated: 20 October 2026