01VC

01VC is an early-stage venture capital firm based in Shanghai and Beijing that invests in technology and industrial startups across the Asian market. The firm primarily targets seed-stage companies, providing initial capital and strategic support to entrepreneurs developing enterprise infrastructure and consumer technologies. 01VC manages multiple investment vehicles, including a $100 million second USD-denominated private equity fund, and maintains an active portfolio of more than 50 technology companies. The firm's notable portfolio investments include the on-demand logistics provider Lalamove and the Southeast Asian digital payments platform Xendit. Operating with a team of investment professionals including Fiona Lu and Chen Liqian across its two Chinese offices, the firm opened an additional investment fund to the market in February 2022. 01VC was founded in 2015 and is currently led by Managing Partner Grace Yu.