# FreeS Fund: portfolio, investments and team

> FreeS Fund is a vc firm based in China. 89 investments on record, 8 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/frees-fund (Millionrounds; every figure on the page links to its filing or article)

China · [Investor](https://millionrounds.com/investors)

# FreeS Fund

Last cheque observed Sep 2026; 89 cheques on record.

Deploying now VC firm

Series A Venture Series B Hardware Semiconductor Venture Capital & Private Equity

Deploying now

**67%** of best year **8** **cheques in 12 months**, 89 on record

Since the last cheque **55** days **00** hrs **00** min **00** sec

Median round **$10M** Rounds led **0 of 89** Sole investor **21 rounds** Mostly in **United States, 78%**

Pitch FreeS Fund

## FreeS Fund highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Series A and Venture: 58% of its rounds
- 03 Sole investor in 21 rounds, median $2.9M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Hardware Semiconductor Venture Capital & Private Equity
- **Based in:** Beijing, China
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **89 appearances**

- **2026** 6 rounds
- **Sept** **[Vibronix](https://millionrounds.com/company/vibronix)** Series B · US **$15M** With 2 others
- **Mar** **[Aeroband](https://millionrounds.com/company/aeroband)** Series A **$15M** With 2 others
- **Mar** **[Neurodome](https://millionrounds.com/company/neurodome)** Series A **$15M** With 3 others
- **Mar** **[Calterah](https://millionrounds.com/company/calterah)** Series E **$146M** With 2 others
- **Jan** **[Terminal brain technology](https://millionrounds.com/company/terminal-brain-technology)** Venture **Undisclosed** With 1 other
- **Jan** **[PowerEasy Technology](https://millionrounds.com/company/powereasy-technology)** Seed **$14M** With 2 others
- **2025** 9 rounds
- **Dec** **[Ningkang Ruizhu](https://millionrounds.com/company/ningkang-ruizhu)** Series A **$14M** Sole investor
- **Dec** **[Jiajin Biotech](https://millionrounds.com/company/jiajin-biotech)** Venture **Undisclosed** With 2 others
- **Sept** **[Mengyou Intelligence](https://millionrounds.com/company/mengyou-intelligence)** Venture **Undisclosed** Sole investor
- **Aug** **[Methuselah](https://millionrounds.com/company/methuselah)** Series B **$15M** With 2 others
- **Jul** **[Atantares](https://millionrounds.com/company/atantares)** Series A **$8.6M** With 3 others
- **Jul** **[Optical Standard Technology](https://millionrounds.com/company/optical-standard-technology)** Venture **Undisclosed** With 1 other
- **Jun** **[Chuguang 3D](https://millionrounds.com/company/chuguang-3d)** Venture **Undisclosed** With 1 other
- **Mar** **[Evolyzer](https://millionrounds.com/company/evolyzer)** Venture **Undisclosed** With 2 others
- **Mar** **[360 Finance](https://millionrounds.com/company/360-finance)** Debt **$600M** With 3 others
- **2024** 8 rounds
- **Oct** **[Jinshe Mingyu](https://millionrounds.com/company/jinshe-mingyu)** Series A **$3.7M** Sole investor
- **Aug** **[SPEEDIANCE](https://millionrounds.com/company/speediance)** Series B **$8.4M** With 2 others
- **Jun** **[IceWhale Technology](https://millionrounds.com/company/icewhale-technology)** Venture **Undisclosed** Sole investor
- **Jun** **[Vibronix](https://millionrounds.com/company/vibronix)** Series A · US **$14M** With 1 other
- **Feb** **[Brix](https://millionrounds.com/company/brix)** Pre-seed · US **$3.0M** With 1 other
- **Jan** **[GruAI](https://millionrounds.com/company/gruai)** Seed · US **$5.5M** With 1 other
- **Jan** **[Babel AI](https://millionrounds.com/company/babel-ai)** Seed **$5.5M** With 1 other
- **Jan** **[Huasheng Haoche](https://millionrounds.com/company/huashenghaoche)** Venture **$90M** With 1 other
- **2023** 4 rounds
- **Dec** **[NextVPU](https://millionrounds.com/company/nextvpu)** Series D **$28M** With 1 other
- **Sept** **[Hopson Technology](https://millionrounds.com/company/hopson-technology)** Series A **$4.1M** With 1 other
- **Apr** **[N1 Life](https://millionrounds.com/company/n1-life)** Seed · US **$10M** With 1 other
- **Mar** **[XINYI Information Technology Ltd](https://millionrounds.com/company/xinyi-information-technology-ltd)** Series C **$44M** With 1 other
- **2022** 7 rounds
- **Dec** **[Gongxueyun](https://millionrounds.com/company/gongxueyun)** Seed **$1.4M** Sole investor
- **May** **[JUNOCO](https://millionrounds.com/company/junoco)** Series A · US **$6.3M** With 1 other
- **Apr** **[METiS Therapeutics](https://millionrounds.com/company/metis-therapeutics)** Series B **$75M** With 2 others
- **Mar** **[Zhoupu Data](https://millionrounds.com/company/zhoupu-data)** Series B **$24M** With 1 other
- **Mar** **[Data Pipeline](https://millionrounds.com/company/data-pipeline)** Venture **$1.6M** With 3 others
- **Mar** **[Xinliangji](https://millionrounds.com/company/xinliangji)** Venture **Undisclosed** With 1 other
- **Jan** **[Weixian Liangpin](https://millionrounds.com/company/weixian-liangpin)** Pre-seed **$1.4M** Sole investor
- **2021** 9 rounds
- **Sept** **[Sunyur](https://millionrounds.com/company/sunyur)** Series B **$16M** With 3 others
- **Sept** **[Cobo](https://millionrounds.com/company/cobo)** Series B · SG **$40M** With 2 others
- **Sept** **[Cider](https://millionrounds.com/company/cider)** Series B · HK **$130M** With 4 others
- **Aug** **[NeuralGalaxy](https://millionrounds.com/company/neuralgalaxy)** Series A · US **$77M** With 3 others
- **Aug** **[Kilala](https://millionrounds.com/company/kilala)** Series B **$62M** With 2 others
- **Jul** **[Secre Coffee](https://millionrounds.com/company/secre-coffee)** Series B **$16M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **4** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Series A Venture Series B

Median round joined **$10M** the round, not its cheque Alone, median **$2.9M**

Led 0 of 89 rounds **0%**

- **Sole investor:** 21 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Series A *31*
- Venture *18*
- Series B *16*
- Seed *9*
- Pre-seed *6*
- Series C *4*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [IDG Capital](https://millionrounds.com/fund/idg-capital) 14
- [Matrix Partners China](https://millionrounds.com/fund/matrix-partners-china-2) 6
- [China Growth Capital](https://millionrounds.com/fund/china-growth-capital) 4
- [HSG](https://millionrounds.com/fund/hsg) 4
- [Legend Capital](https://millionrounds.com/fund/legend-capital) 4
- [Qiming Venture Partners](https://millionrounds.com/fund/qiming-venture-partners) 4

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## Who they invest alongside

The investors most often in the same rounds as FreeS Fund. A count of rooms they were both in, not a relationship either has claimed.

[**IDG Capital** Private equity **14** rounds together](https://millionrounds.com/fund/idg-capital)[**Matrix Partners China** VC firm **6** rounds together](https://millionrounds.com/fund/matrix-partners-china-2)[**China Growth Capital** VC firm **4** rounds together](https://millionrounds.com/fund/china-growth-capital)[**HSG** VC firm **4** rounds together](https://millionrounds.com/fund/hsg)[**Legend Capital** VC firm **4** rounds together](https://millionrounds.com/fund/legend-capital)[**Qiming Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/qiming-venture-partners)[**Baidu Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/baidu-ventures)[**National Science Foundation** Government **3** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**Oriental Fortune Capital** VC firm **3** rounds together](https://millionrounds.com/fund/oriental-fortune-capital)[**PreAngel** VC firm **3** rounds together](https://millionrounds.com/fund/preangel)[**Seed Capital** VC firm **3** rounds together](https://millionrounds.com/fund/seed-capital)[**Shunwei Capital** VC firm **3** rounds together](https://millionrounds.com/fund/shunwei-capital)

## Recently backed

The latest companies FreeS Fund put money into.

[**Neurodome** $15M · Mar 2026](https://millionrounds.com/company/neurodome)[**SPEEDIANCE** $8.4M · Aug 2024](https://millionrounds.com/company/speediance)[**Brix** $3.0M · Feb 2024](https://millionrounds.com/company/brix)[**Huasheng Haoche** $90M · Jan 2024](https://millionrounds.com/company/huashenghaoche)[**NextVPU** $28M · Dec 2023](https://millionrounds.com/company/nextvpu)[**N1 Life** $10M · Apr 2023](https://millionrounds.com/company/n1-life)

## Quick answers about FreeS Fund

### What does FreeS Fund invest in?

FreeS Fund invests most often at Series A and Venture (58% of the rounds on record), in sectors such as Hardware, Semiconductor and Venture Capital & Private Equity.

### How active is FreeS Fund?

89 investments on record, 8 of them in the last 12 months. The most recent was in Sept 2026.

### What has FreeS Fund invested in recently?

Its most recent investments on record: Vibronix (Series B, Sept 2026), Aeroband (Series A, Mar 2026) and Neurodome (Series A, Mar 2026).

### How big are FreeS Fund's cheques?

The median round it joins is $10M.

### Does FreeS Fund lead rounds?

Rarely, if at all: none of its 89 investments on record names it as the lead.

### Where does FreeS Fund invest?

Most of the companies it backs are in the United States (78%), Singapore (11%) and Hong Kong SAR China (11%).

### Is FreeS Fund investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does FreeS Fund invest alongside?

Most often IDG Capital (14 rounds together), Matrix Partners China (6 rounds together) and China Growth Capital (4 rounds together).

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