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Key people at Yingce Capital.
INCE Capital is a venture capital firm specializing in early to expansion-stage investments. The firm strategically targets companies innovating across internet consumer, artificial intelligence, and intelligent technology sectors. It deploys capital and expertise to identify and nurture high-potential businesses, guiding them from foundational development through critical growth phases.
Established July 1, 2019, INCE Capital was co-founded by seasoned venture capitalists JP Gan, Steven Hu, Stella Zhou, and Paul Keung. Gan and Hu, previously partners at Qiming Venture Partners, leveraged their deep market insight and extensive investment experience. They recognized an opportunity to back emerging innovators in evolving technology and consumer markets.
INCE Capital primarily serves founders and executive teams of technology-driven startups. The firm aims to be an active collaborator, providing funding, operational support, and market access. Its vision is to empower the next generation of industry leaders, fostering transformative innovation across its core investment domains.
Key people at Yingce Capital.
Yingce Capital has 1 tracked investment across 1 company. The latest tracked deal is $130.0M Series B in LibLib AI in October 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 9, 2025 | LibLib AI | $130.0M Series B | CMC Capital, Hongshan Capital Group (Sequoia Capital China) | Future Capital, Shunwei Capital, Source Code Capital, Vision Plus Capital |