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.

  • 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