INCE Capital

INCE Capital is a global venture capital firm established in 2019, focusing on early to expansion-stage companies that drive innovation across various sectors. The firm's investment strategy emphasizes a comprehensive understanding of technological evolution and its impact on consumer lifestyles and behaviors, aiming to empower the next generation of category-defining companies. With over US$1 billion under management across its managed funds, INCE Capital draws its investor base from leading university endowments, foundations, family offices, and funds of funds globally.

The firm was founded on July 1, 2019, by former Qiming Venture Partners members JP Gan and Steven Hu, joined by Paul Keung and Stella Zhou. The name "INCE" signifies "INtelligent Capital Empowering" future greats, reflecting their mission to make intelligent and innovative investment decisions in the internet, consumer, and intelligent technology sectors. INCE Capital maintains a global perspective with investment professionals located in both the U.S. and China, enabling deep insights and support for exceptional founders.

INCE Capital's diverse portfolio includes companies such as Dyna Robotics, Lovart, Pebble, iMile, KK Group, and Petkit, spanning areas like robotics, AI, e-commerce, and consumer brands. Recent investments also highlight their focus on biotech companies like Bambusa Therapeutics and Brise Pharma, as well as technology firms like X Square Robot and various blockchain and Web3 platforms. The firm actively seeks to partner with talented entrepreneurs to build fast-growing and extraordinary companies.

The leadership team comprises Founding Partners JP Gan, Steven Hu, Stella Zhou, and Paul Keung (also COO), supported by Partners like Jireh Li and Principals Maomeng Tong and Zhen Xia. This team brings extensive experience in venture capital and a deep understanding of the internet, consumer, and intelligent technology sectors, providing strategic guidance and operational support to their portfolio companies.