Anna Fang
方爱之
Anna Fang (方爱之) is the founding partner and CEO of ZhenFund, the early-stage fund co-founded by Xu Xiaoping and Wang Qiang. ZhenFund's own coverage shows her named to Forbes' Midas List of top global VCs for eight consecutive years since 2019, including the 2025 and 2026 editions, as well as the 2026 Forbes China women-in-VC list and 投资界's 2025 TOP100 investors ranking . Within the firm she operates at the earliest end of deals — per ZhenFund's account of Enflame's founding, she and Wang Qiang met the founder separately and issued what he called the friendliest term sheet in the industry, with ZhenFund backing two of the company's earliest rounds before its STAR Market listing ; founders she's backed, like Zero Zero Robotics' Meng Qiu, describe her as an early believer writing checks right after a team's return to China .
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Coverage
Enflame Lists on STAR Market, Backed by ZhenFund in Two Earliest Rounds
Accelerating the large-scale deployment of domestic AI computing power.
Early Summer Clarity | Z News
We invite you to look back on the "highlight moments" of June with us.
Summer Glimpses | Z News
Let's take a look back at the highlights from May, and invite you to witness the growth of our portfolio companies and what's new at ZhenFund.
ZhenFund Celebrates Another Angel-Stage IPO in Three Weeks as "UISEE" — the First Full-Scenario L4 Autonomous Driving Stock — Lists on Hong Kong Stock Exchange
Accelerate the large-scale adoption and application of AI drivers.
ZhenFund Backs Global AI Silicon Photonics Chip Leader in Seed Round, *Lightelligence* Rings the Bell at Hong Kong Stock Exchange
Using light-based technology to infuse new power into the AI era.
Spring Sets the Stage | Z News
Let's look back at the highlights from the past three months — and we invite you to witness the growth of our portfolio companies and what's new at ZhenFund.
How MIT Engineers Built the Tool That 80% of YC Founders Use
Even if the market is tiny, as long as you're No. 1, you can establish mindshare and set the standard.
A New Beginning | Z News
We’re looking back on the highlights from the past month of January, and we invite you to join us in witnessing the growth of our portfolio companies and what’s new at ZhenFund.
The Stars Are Still Young | Z News
ZhenFund wishes you a Happy New Year.
ZhenFund Partner Yuan Liu: One Week with Manus, Ten Years with Red
A mental landscape few investors would ever admit to out loud.
The Most Moving AI Investment Story of 2025
A Week with Manus, a Decade with Xiao Hong.
Duolingo Talks to Early-Stage Founders: How to Build a Fun Product in the AI Era?
Because it's weird, because it's fun, because it's one of a kind.
Beyond the Set Trajectory | Z News
We look back at the "highlight moments" of the past month and invite you to witness the growth of our portfolio companies and what's new at ZhenFund.
Venture Where No One Has Gone Before | Z News
July is drawing to a close, and we invite you to join us in witnessing the growth of our portfolio companies and what's new at ZhenFund.
Beyond the Cliff, Grass Yet Untrodden | Z News
We stand ready to receive, in the depths of our being, those miracles that arrive unforeseen.
Greener Pastures, First Flickers of Ambition | Z News
The light and shadow grow richer; a story is brewing.
Wanwu Capital Looks Ahead, Keeps Moving | Z News
Spring brings new beginnings; the future holds infinite promise.
A New Year Dawns, Auspicious Energy Fills the Door｜Z News
Welcoming the Year of the Snake, embarking on a new journey.
ZhenFund's Lunar New Year Reading List: A Good Story
Walking alongside words, seeing a wider world.
Floodgate founding partner Mike Maples' year-opening podcast: How to invest in the next 100x startup
Every great startup exists to build a future that is destined to arrive.
Old Wang and His Big Fish
A Decade of Evolution for Flying Cameras
2024, When Everyone Stands at a Crossroads: 96 Investors' Decisions
Deciding is easy. Waiting is hard.
The year draws to a close; a new chapter begins | Z News
A warm winter for good things.
First Snow, Clear Skies After Frost — Good News as Autumn Departs | Z News
The early winter breeze is crisp and clear.
Horizon Robotics Goes Public: We Can Finally Talk About Kai Yu's Story | Z Talk
How can a risk-averse entrepreneur pull off something incredibly risky?
Who Is Horizon Robotics' Most Important Investor?
Got it?
Autumn Dreams, Good Fortune on the Breeze | Z News
A hint of coolness in September.
Black Myth's First Investor Daniel: After Investing 60 Million for 20%, He Doubled Down With Another 100 Million
ZhenFund's investment philosophy and the Black Myth story.
"You're only 36. You can be anyone you want to be."
Never stop moving forward.
When ZhenFund's youngest partner faced life's greatest joy and sharpest pain all at once
"Life is a wilderness."
Hello, Vitality Youth | Oasis Capital Hiring
Counselor Vitality --- *Note: This appears to be a fragment without context. "参赞" typically translates to "counselor" (diplomatic) or "advisor," while "生命力" means "vitality" or "life force." If this is a title or brand name, it may require different treatment with more context.*
MaHui | Source Code Capital's Xingchen Zhang Named to Cyzone's 40 Under 40 Investors List
"Finding tech founders full of conviction"
Everything Is Flowing Life | Oasis Capital Is Hiring
Counselor Vitality
