<article><a href="https://www.dealstreetasia.com/?s=Tsingyuan%20Ventures">Tsingyuan Ventures</a>, a technology-focused ventured fund based in California, has closed its debut venture capital fund &#8211; <a href="https://www.dealstreetasia.com/?s=Tsingyuan%20Ventures I LP">Tsingyuan Ventures I LP</a> &#8211; at $51.7 million, according to its latest US Securities and Exchange Commission filing.</article>

<a href="https://www.dealstreetasia.com/?s=Tsingyuan%20Ventures">Tsingyuan Ventures</a>, a technology-focused ventured fund based in California, has closed its debut venture capital fund &#8211; <a href="https://www.dealstreetasia.com/?s=Tsingyuan%20Ventures I LP">Tsingyuan Ventures I LP</a> &#8211; at $51.7 million, according to its latest US Securities and Exchange Commission filing.
The fund was closed less than a month after its launch, having received commitments from 93 investors. In its filing, Tsingyuan Ventures said the minimum investment it accepted from investors was $250,000.
Tsingyuan Ventures, founded in 2017 and headquartered in Los Altos, California, is a successor fund to the <a href="https://www.dealstreetasia.com/?s=TEEC%20Angel Fund">TEEC Angel Fund</a>, a super angel fund founded and funded mainly by entrepreneurs and executives who graduated from Tsinghua University of Beijing.
TEEC (Tsinghua Entrepreneur &amp; Executive Club) is composed of over 200 C-level members across China and the US.
On its website, Tsingyuan Ventures said it invests in seed to A-round startups in the US. It looks for &#8220;unusual opportunities&#8221; in early-stage technology by taking advantage of the growing relationship between China and the US.
Its portfolio companies include those in artificial intelligence, biotech, consumer, and enterprise sectors. It is an investor in <a href="https://www.dealstreetasia.com/?s=WeRide">WeRide</a>, a smart mobility company headquartered in Guangzhou, China, and in <a href="https://www.dealstreetasia.com/?s=eCreditpal">eCreditpal</a>, a fintech firm that focuses on big data risk control and management.
The debut fund will be managed by Jinlin Wang, former development manager at Microsoft Corporation and director of engineering at Yahoo! Inc.
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Tsingyuan Ventures, a technology-focused ventured fund based in California, has closed its debut venture capital fund, Tsingyuan Ventures I LP, at $51.7 million.

Tsingyuan Ventures raises $51.7m for debut US-China VC fund

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Tsingyuan Ventures raises $51.7m for debut US-China VC fund

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