Leo Zheng

Leo Zheng (郑烜乐) is the founder and CEO of Lighthouse Capital (光源资本), a financial advisory firm he built into a prominent name in Chinese tech financing by advising companies including Bilibili, Kuaishou, Zhihu, Huolala, and Dewu on their funding rounds . In 2025, he expanded beyond traditional FA work by launching Lighthouse Founders' Fund (L2F), a dual-currency incubator fund targeting seed and angel-stage AI and frontier-tech startups with an expected first close of at least $50 million, planning roughly ten investments annually at $300K–$2M each . He has taken a hands-on approach with portfolio companies like AISphere (爱诗科技), where he has led or co-led multiple rounds from seed through Series A and been deeply involved in shaping strategy and building the team . He was also invited to join Buming Startup Camp as a co-creator in 2024 .