VC firm
Vision Plus Capital
Also known as Vision Plus Capital Growth, Vision Plus Capital Growth Fund I, L.P., Vision Plus Capital Growth Fund II, L.P.
- Investor type
- VC
- Investing status
- Activeas of 2026-09-18Source (opens in a new tab)
- Headquarters
- Grand Cayman, Cayman Islands
- Founded
- 2015
- Assets under management
- $1.6BForm ADV private fund GAV, as of 2026-03-30Source (opens in a new tab)
- Latest fund size
- $169MSEC amount sold, as of 2022-09-14Source (opens in a new tab)
- Funds
- 5
- Legal name
- VISION PLUS CAPITAL INTERNATIONAL MANAGEMENT II LIMITED
Record updated 29 September 2026
About
Yuanjing Capital (元璟资本) was founded in 2015 by Wu Yongming, co-founder of Alibaba. As an investment firm with an "industry + investment" DNA, our team consists of experts from core positions at top-tier technology companies and senior investors from leading domestic VCs. We focus on early-stage startups, invest in both RMB and USD, and have total assets under management of over RMB 15 billion.
Investment approach
- Thesis
- As an investment firm founded by entrepreneurs, we deeply understand industry ecosystems and the entrepreneurial journey. Beyond providing capital, we also share deep operating experience, industry connections and industry development resources with entrepreneurs, striving to be the "best support" at entrepreneurs' side.Source (opens in a new tab)
- Leads rounds
- Yes
- Lead policy
- 乐动机器人港交所上市,元璟C轮领投
- Investing status notes
- 亿格云完成数亿元B轮融资,加码“人+AI”统一安全治理 | 元璟family
Funds
- Vision Plus Capital Growth Fund II, L.P.
- $169MVintage 2022, Main fund, SEC amount sold
- Vision Plus Capital Growth Fund I, L.P.
- $37.5MVintage 2019, SPV, SEC amount sold
- VISION PLUS CAPITAL FUND II, L.P.
- Main fund
- VISION PLUS CAPITAL FUND IV, L.P.
- Main fund
- VISION PLUS CAPITAL FUND III, L.P.
- Main fund
SEC registration
- Registered adviser
- VISION PLUS CAPITAL INTERNATIONAL MANAGEMENT II LIMITED
- CRD number
- 290222 (opens in a new tab)
- SEC file number
- 802-111945
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $1.6Bas of 2026-03-30
- Private funds reported
- 4
- Principal office
- GRAND CAYMAN, Cayman Islands
- SEC CIK
- 1803943, 1936282