The following 17 USD investments were led by Mr. Shuhua Zhou and Ms. Karen Liu prior to the founding of Kaiwu Capital. 16 of these investments were led by Mr. Zhou and Ms. Liu while they were at their previous firms, Northern Light Venture Capital (NLVC) and China Renaissance Capital Investment (CRCI), respectively.

  • Kaixin001

    China’s top real-name based social network

  • ChineseAll

    Leading digital publishing company in China in the booming Chinese eBook industry.

  • LineKong

    A third-generation online game publisher in China

  • Umessage (12580)

    A multi-media search company in China


    Leading internet application provider in China

  • Prudent Energy

    Energy storage technology developer, manufacturer and systems integrator

  • ASP

    A provider of Cadmium Telluride (CdTe) Thin-Film Modules


    Leading mid-scale limited service hotel servingbusiness and leisure travelers in China


    A high-end specialized logistics service provider in power network equipment, power supply equipment, and dangerous goods

  • Sinomed

    A medical device company developing the world’s “best in class” next generation coronary drug-eluting stent for the China market

  • Reach Surgical

    A surgical device company developing open, endoscopic and energy-based surgical devices for China and other developing markets

  • Sagent Pharma

    A specialty pharmaceutical company focused on developing and marketing generic injectable pharmaceutical products

  • Chiral Quest

    A pharmaceutical fine chemical and API product company with a unique chemistry technology platform

  • CrownBioscience

    A China-based CRO company offering a range of pre-clinical biological and integrated drug discovery services to the world’s leading pharmaceutical companies

  • Shenogen Pharma

    A drug development company that develops first-in-class therapeutics targeting cancer stemcells for a number of cancer indications