PreAngel Fund: Pioneering Early-Stage Tech Investment in China

PreAngel Fund is one of the most active and successful angel investment funds in China, focused on identifying and supporting promising early-stage technology startups with high growth potential.

Fund Overview

Founded in 2011, PreAngel Fund began with a modest initial investment of $15,000. Over the past decade, it has evolved into a powerhouse of early-stage investing, backing over 300 technology startups across various sectors, resulting in 2 companies listed on NASDAQ, one on the Hong Kong Stock Exchange, and 4 achieving unicorn status.

Investment Philosophy

PreAngel employs a distinctive investment approach characterized by:

• Early Engagement: Investing at the earliest stages, often when companies are just forming
• Founder-Centric: Prioritizing exceptional founding teams with deep domain expertise
• Mission-Driven: Supporting entrepreneurs solving meaningful problems with innovative approaches
• Long-Term Vision: Partnering with founders for the long haul, not just for quick returns
• Value-Add Beyond Capital: Providing strategic guidance, network access, and operational support

Portfolio Highlights

The PreAngel portfolio spans diverse sectors including:

• Healthcare Technology: Advancing medical care through innovative digital solutions
• Financial Technology: Democratizing access to financial services
• Blockchain Applications: Building the infrastructure for the decentralized future
• Mobile Internet: Creating next-generation apps and platforms
• Artificial Intelligence: Developing cutting-edge AI applications across industries

Investment Approach

PreAngel's investment process is designed to be founder-friendly and efficient:

1. Initial Screening: Quick evaluation of business concept, market opportunity, and team
2. Deep Dive: Thorough analysis of technology, business model, and growth strategy
3. Investment Decision: Typically within 2-4 weeks of initial meeting
4. Post-Investment Support: Active involvement in strategy, fundraising, and key hires

Impact

Beyond financial returns, PreAngel measures success by the meaningful impact its portfolio companies create:

• Job Creation: Portfolio companies collectively employ thousands of people
• Innovation Advancement: Pioneering new technologies and business models
• Ecosystem Development: Strengthening China's entrepreneurial ecosystem
• Global Reach: Supporting Chinese companies expanding internationally

Future Direction

PreAngel continues to evolve its investment thesis, with increasing focus on:

• Technologies addressing climate change and sustainability
• AI applications transforming traditional industries
• Healthcare innovations improving accessibility and outcomes
• Educational technology enhancing learning opportunities

As the fund looks ahead, it remains committed to its core mission: identifying visionary entrepreneurs early and helping them build world-changing companies.