Description:Founded in 2011, PreAngel is recognized as one of the most prominent angel funds in China. It holds a significant distinction as one of the first institutional angel funds to operate in the country. PreAngel focuses on making strategic investments with check sizes ranging from $20,000 to $1 million.
The firm has successfully backed several companies that have achieved notable milestones, such as Hesai (HSAI) and Ehang (EH), both of which have gone on to successfully list on NASDAQ. Additionally, PreAngel's portfolio includes several high-growth enterprises that have attained unicorn status, including Medlinker, Shouqianba, SuperMonkey, Westwell, and Dobot.
Furthermore, PreAngel has also shown strong interest in the blockchain sector, exemplified by its support for Neo, which has garnered recognition as one of China's leading blockchain projects and is actively traded on Binance and various other cryptocurrency exchanges. Through its strategic investments and foresight, PreAngel continues to play an influential role in the venture capital landscape, contributing to the growth of innovative companies within China’s dynamic market.