Feng Miao
苗峰
Feng Miao (苗峰) is the founder and CEO of Shangyue (商越), a procurement-focused enterprise SaaS company that raised a RMB 39 million angel round and a RMB 58 million Pre-A round in 2019, backed by FreeS Fund . Before founding Shangyue, he spent 11 years at Yonyou, where he rose to vice president, followed by 5 years at Alibaba — leading an early O2O project under its new-retail push, running enterprise procurement for its B-side business group, and serving as CEO of an Alibaba–China Minmetals joint venture, a background per FreeS Fund's write-up gave him deep grounding in enterprise digitalization, B2B e-commerce and supply-chain procurement . He's remained active in the role: as of 2025 he was still fronting Shangyue Technology, delivering a keynote titled "AI Reconstructs Procurement Value" at a Qiming Venture Partners portfolio event .
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Coverage
Qiming Venture Partners Weekly | Portfolio Company Updates and Funding News Vol. 41, 2025
Staying with you through milestone moments for Qiming Venture Partners portfolio companies
Qiming Venture Partners Weekly | Portfolio Company Updates Vol. 27, 2025
Celebrating milestone moments with Qiming Venture Partners' portfolio companies
Two joyous gatherings, spotlighted by *People's Daily* commentary, Forbes China's Best Venture Capitalist, and 50+ other awards... The past is prologue; the future holds promise.
Do what's right, not what's easy.
5 Deals, Double 11 Results Roundup, 24+ Awards... 42 Highlights and 7 Insights | FreeS Fund Blackboard · November
Do what's right, not what's easy
Beauty Brands Entering China, Becoming India's Third-Largest E-Commerce Player, and Betting on Biomedical — 22 Developments and 5 Takeaways | FreeS Fund Bulletin · September
Do what's right, not what's easy.
4th Anniversary, Debut at WAIC... 16 Milestones and 6 Reflections | FreeS Fund Chalkboard · August
Do what's right, not what's easy.
Shangyue Closes RMB 58 Million Pre-A Round, Launches Intelligent Procurement SaaS | FreeS Fund Deal News
Innovation will lead enterprises into the era of intelligent procurement.
Shangyue Closes RMB 39 Million Angel Round | FreeS Fund Investment News
Focused on enterprise procurement digitization





