ZQ Capital Flagship Fund (ZQ 2024 Fund)

Hong Kong
Series B
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About ZQ Capital Flagship Fund (ZQ 2024 Fund)

ZQ Capital Flagship Fund (ZQ 2024 Fund) is a venture capital firm based in Hong Kong, focusing on Series B stage investments. The fund actively supports founders building innovative solutions in E-Commerce, Digital Education Consumer, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionHong Kong
Funding StageSeries B
Industry Focus
Digital Education Consumer
Ecommerce

Investor Signals Profile

active

Sweet Spot

Western growth-stage firms expanding into Asia

Asian PE Growth
Western Co. Asian Expansion
Blind-pool PE Fund
Cross-border Growth

Bullish Signals

$300M flagship fund just closedlinkedin
DealStreetAsia coverage — Asia PE visibilityexternal
Active LinkedIn presence, 1.5K+ followerslinkedin
ZQ Capital actively shares press coveragelinkedin
Multi-region LP base: NA, EU, ME, Asialinkedin
$35M own capital committed (11.7% GP stake)linkedin

Contrarian Signals

Blind-pool fund structure limits thesis specificityexternal
No sector/vertical detail beyond geographylinkedin

Founder Do's

Align with Asian PE/growth-stage thesis
Emphasize Asian market expansion potential
Western co. seeking Asia entry/scaling

Founder Don'ts

Early-stage pre-revenue plays unlikely fit
Non-Asia geographies secondary priority

Key GPs & Partners

SS
Simon Shen
Chairman & Chief Investment Officer
PE-founderAsia-specialistcapital-deployer

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Fund Overview

Fund Size$180M
Saves0

Key People

Simon Shen, Richard Zheng

Simon ShenChairman & Chief Investment Officer

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