Binsen Tang
唐彬森
Binsen Tang is the founder of Challenger Venture Capital, a dual-currency fund established in 2014 with accumulated AUM of 10 billion yuan . He is more widely known as the founder of Genki Forest (元气森林), the beverage brand that gives his fund a natural edge in consumer-sector deal flow and industrial resources . In his investment capacity, Tang was an early backer of Chagee (霸王茶姬): he met founder Zhang Junjie before XVC did and on the spot offered a 300 million yuan valuation, though the deal did not close at that terms due to the company's shareholder buyback needs at the time . Zhou Hua serves as Challenger's managing partner and CEO, handling day-to-day operations while Tang provides strategic backing and selective hands-on support .
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Coverage
The Chagee Funding Story: From a Terrible Hand to Changing Its Fate
More than just good luck.
Goodbye to a Decade of Venture Capital | Waves' Second Anniversary
Keep moving forward. Don't look back.
Code Brain | How Do Founder-CEOs Understand "Courage"?
The Investor Who Made the Most Money Off Pinduoduo
"Though millions may oppose me, I will go."
In the long winter of consumption, Hongshan wants to snap its fingers and find resonance.
Sparks mark the beginning of the next cycle.
Challenger Ventures invested in Alexander Wang, but says consumer spending could still get colder
"I still prefer historical stories to science fiction."





