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Qiming’s managing partner steps down after 19 years

Mainland Chinese venture capital firm, Qiming Venture Partners, has announced the departure of managing partner Nisa Leung after 19 years with the firm.

Leung joined Qiming in 2006 and was instrumental in its early investments in the healthcare and biotech sectors.

During her tenure, Leung led investments in companies including Gan & Lee Pharmaceuticals, Venus MedTech, and New Horizon Health.

Following Leung’s departure, managing partner William Hu and partner Kan Chen will lead the firm’s healthcare investment division.

Founded in 2006, Qiming Venture Partners is recognized as one of China’s leading venture capital firms, focusing on technology, consumer, and healthcare industries.

Recent Qiming Venture Partners developments

Timeline
02-Jan-2024 ⚡ Qiming Venture Partners leads $22m round of Swap Energy
  • Swap Energy raises $22M in Series A funding
  • Post-money valuation jumps to $76M from $46.2M
13-Feb-2023 📈 Qiming Venture-backed greentech firm goes public via SPAC
  • LanzaTech goes public via SPAC merger.
  • Shares drop 21% on debut amid $2B valuation.
11-Jul-2022 💰 Chinese VC firm Qiming raises $3.2b for its latest two funds
  • Qiming closes Fund VIII at $2.5B, Fund VII at ¥4.7B
  • Total capital raised now $9.4B across 18 funds
27-Jan-2021 🚀 Chinese VC firm Qiming raises $433m in final close of its yuan-denominated fund
  • Qiming closes Fund VI at 2.8 billion yuan
  • Fund targets healthcare and tech startups
05-Jun-2019 🚀 In brief: Qiming managing partner to establish own venture

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