Mao Chengyu

Co-founder and Managing Partner

Past Investments

Manycore(HK: 00068), Baibu, JD Industrial Products, Worldwide Logistics Group, Ice Kredit, XTransfer, Sobot, Intco Medical Technology (300677.SZ) ,Trip.com Group (NASDAQ:CTRP), Home Inns Hotels Management Inc. (NASDAQ:HMIN), Tudou Holdings Ltd. (NASDAQ:TUDO), Qihoo 360(601360.SH), 360 Digitech (NASDAQ:QFIN), Tiange/9158 (1980.HK), VeriSilicon Holdings(SHA: 688521), etc.

In 2014, Michael Mao founded Yunqi.

Michael has been in the China VC industry for more than 25 years. He has a long-term focus on early to mid-stage investment in frontier technology, and has invested in nearly 100 outstanding startups, with extensive experience in strategic analysis and capital management of companies.

Going back further, Michael was responsible for financial and business analysis for the Greater China area at Unilever N.V.

Michael received an MBA from PBC School of Finance, Tsinghua University, an MBA degree from China Europe International Business School (CEIBS), and holds a Bachelor of Engineering from Shanghai Jiao Tong University.

Michael is the member of the counci of Educational Development Foundation of Shanghai Jiao Tong University. From 2017 to 2025, Mao was named four times to the "Best Venture Capitalists in China" by Forbes and the "Best Early Stage Investors in China" by Zero2IPO from 2020 to 2022.

Michael is a sports enthusiast during his free time. He persists in sports activities such as basketball and tennis. Besides, he loves history and enjoys reading and traveling.