K2VC explained

K2VC
Native Name:险峰
Native Name Lang:zh
Former Name:China Renaissance K2 Ventures
Type:Private
Industry:Venture capital
Location:Beijing, China
Aum:US$1.4 billion

K2VC is a Chinese venture capital (VC) firm headquartered in Beijing that focuses on angel investing and early stage companies.

As of 2024, K2VC has invested in over 700 companies.

Background

The firm was founded in 2010 by Chen Keyi and China Renaissance founder Bao Fan. It originally operated under the name China Renaissance K2 Ventures. The name came from K2, the world's second-highest mountain.[1] [2]

K2VC historically focuses on companies in the technology, media and telecommunications (TMT) sector as an angel investor.[3]

In December 2015, the firm changed its name to K2VC and ceased using the China Renaissance name. K2VC operates independently of China Renaissance.[4]

In 2016, K2VC launched its first venture capital fund with a focus on investments in the healthcare sector.

In 2017, Li Li who was a K2VC managing partner left the firm to found Next Capital which K2VC invested in as a limited partner.[5] In January 2019, K2VC served ties with Next Capital and publicly issued a statement attacking Next Capital for allegedly stealing confidential information from it.[6]

Notes and References

  1. Web site: 险峰K2VC陈科屹:做出top10的天使投资机构,觉得创业者就像兄弟_美网 . 2 December 2024 . Sohu.
  2. Web site: 险峰长青投资退出状况分析——7年283个项目,11个项目超过10亿元 . 2 December 2024 . Sohu.
  3. Web site: 8 June 2018 . 险峰旗云的医疗布局:独角兽养成记 . 2 December 2024 . Sohu.
  4. Web site: 2018 . Relationship with controlling shareholders . Hong Kong Stock Exchange.
  5. Web site: 10 January 2017 . 险峰长青被前员工"坑"了!项目信息被泄露、系统被迫停用-中新经纬 . 2 December 2024 . Economic View.
  6. Web site: Li . Jane . 9 January 2019 . China's K2VC severs ties with spin-out over IP breach . 2 December 2024 . AVCJ . en.