Eight Roads Appoints Dr. Feng Zhao as Partner

(July 20, 2022, Beijing) Eight Roads Capital, a global venture capital firm, announced the appointment of Dr. Feng Zhao as a partner to strengthen its investment capabilities in cutting-edge technology. Dr. Zhao Feng will be responsible for Eight Roads’ investment in early frontier technology fields, assist Eight Roads technology team to continue to deepen the focus on core technology fields, and consolidate thematic investment strategies based on in-depth research.

Dr. Zhao joined Eight Roads as an investment partner two years ago, helping Eight Roads to improve the construction of the global technology ecosystem and explore the investment framework in the early frontier technology field. During this period, projects led by Dr. Zhao included cognitive intelligence company Lanzhou Technology and open source processor industry leader Microcore Technology. Upon appointment, Dr. Zhao will lead the Eight Roads Frontier Technology team to identify early-stage investment opportunities in the Chinese market, with a focus on next-generation semiconductors, Internet of Things (IoT) and software technologies.

Jailun Zang, Managing Partner and Head of China, Eight Roads Capital, said: “We are delighted that Dr. Zhao’s long-term commitment to the Eight Roads platform has been recognized. China is continuing to accelerate the development of its technology industry, which means its rapid development of cutting-edge hard technology and innovation. Create a favorable environment. With his extensive network of connections and extensive industry experience, Dr. Zhao is well-positioned to lead our cutting-edge technology team to find new opportunities and support visionary entrepreneurs to drive the next generation of technological innovation.”

Dr. Feng Zhao said: “Breakthrough hardware and software solutions are increasingly at the heart of meeting today’s social needs and addressing global challenges. We are very excited about the opportunities in the Chinese market and look forward to supporting those who are interested in cutting-edge technology and its impact on the world. Positive impact on society Passionate innovators.”

As one of the first venture capital institutions to enter China, Eight Roads develops and grows with China’s technology industry, and continues to support outstanding Chinese entrepreneurs to create the next generation of global technology companies. In March this year, Eight Roads launched its second special fund for China’s science and technology, with a total size of US$350 million, to continue to capture investment opportunities in the development of China’s technology industry.

So far, Eight Roads has invested in more than 80 companies in China’s technology industry, covering corporate IT/frontier technology (Alibaba, Kyligence, Youye, Pony.ai, Inceptio, Tudatong, Insilicon, Lancang) Zhou Technology, Microcore, etc.), financial technology (PingPong, Decibeltong, Yingmi Fund, Chifang Technology, etc.), and consumer technology (Changjin Bio, Blueglass, Ruiyun Cold Chain, etc.). Eight Roads has invested in more than 260 technology companies globally, including AppsFlyer, Cazoo, Icertis, Made.com, Neo4j, Paidy, Shadowfax, and Spendesk.