FreeS Fund Named to 36Kr's "China's Most Influential Early-Stage Investment Institutions TOP 10"; Four Portfolio Companies Win "King of New Economy" Annual Company Awards

峰瑞资本峰瑞资本·November 26, 2019

Do what is right, not what is easy.

On November 26, at the WISE 2019 "King of New Economy" summit, 36Kr released its 2019 "King of New Economy" third-party institutional rankings. FreeS Fund was named to the "Top 10 Most Influential Early-Stage Investment Institutions in China."

Based on research and platform data, 36Kr evaluated venture capital institutions across dimensions including number of investments, investment amount, project involvement, and number of star projects to compile its 2019 ranking of the most influential VC institutions. 36Kr considers these firms to be the most representative and impactful in fundraising, investing, and exits this year.

36Kr also held its second annual "King of New Economy" company awards this year, seeking to identify the new economy companies with the most value or growth potential.

Four FreeS Fund portfolio companies were named 36Kr "King of New Economy" companies of the year: Huasheng Haoche was selected as "King of Auto E-commerce," Onion Math made the "King of K12 Tutoring" list, MaiFei Technology was named "King of Smart Agriculture," and VPhoto was chosen as "King of Application Services."

▲ Huasheng Haoche selected as "King of Auto E-commerce."

▲ Onion Math on the "King of K12 Tutoring" list.

▲ MaiFei Technology named "King of Smart Agriculture."

▲ VPhoto chosen as "King of Application Services."

We thank 36Kr for this recognition. This weighty honor is also an expectation — FreeS Fund will continue to believe in long-term value and do what is right rather than what is easy.

About FreeS Fund

FreeS Fund (FREES FUND) is dedicated to mobilizing all possible capital, technology, and resources to invest in outstanding startups and help them grow into great enterprises with lasting social and commercial value.

Founded in 2015, FreeS Fund focuses on early and growth-stage investments. Our key investment areas are consumer, hard tech, and biomedicine. We look for opportunities across lifestyle, education, finance, intelligent manufacturing, artificial intelligence, biotechnology and new drug R&D, new energy and new materials, and more.

FreeS Fund values long-term thinking, research-driven decision making, and innovation. Like entrepreneurship, the path of investing is a long one. We firmly believe that being right matters more than being comfortable.

Feng Li, founding partner of FreeS Fund, has extensive experience in venture capital and unique insights and judgment on long-term economic trends. Before founding FreeS Fund, he was a partner and investment committee member at IDG Capital.

Over the past decade-plus, Mr. Li has led investments in and managed projects including CreditEase (NYSE listed), LAIX — Liulishuo (NYSE listed), 360 Finance (Nasdaq listed), Bilibili (Nasdaq listed), Three Squirrels (Shenzhen Stock Exchange listed), Unity, and others.

▲ Our Three Years: Exploring, Persisting, Moving Upward

▲ Named 36Kr's Most Founder-Friendly Firm for Three Consecutive Years: How We Think About the Investor-Founder Relationship

▲ FreeS Fund Wins 36Kr "China Top 10 Dark Horse Funds," Hard Tech Investments Also Recognized by LPs

▲ FreeS Fund Wins Three Awards at ChinaVenture 2018 Annual Rankings