Feng Li

Active Investor

Partner at IDG Capital

Beijing, Beijing

Feng Li, Partner at IDG Capital is an active investor based in Beijing, Beijing. This profile covers what Feng Li backs, at which stage, and how founders can reach out in 2026.

Mr. Feng Li is the Founding Partner at Frees Fund. He served as Advisor at Liquidmetal Ventures. He focuses on Education, TMT, and Deep Technology. He served as an advisor at Crypto Alpaca. He served as a Board Member at Ripple. He also serves as an Advisor at NewDo Venture. He pays strong attention to E-commerce, Fintech, online education, new-generation lifestyle businesses, and O2O enterprises. Previously, as a partner at IDG-Accel, he led investments on a series of successful projects, including CreditEase, Zhubajie, Prosper, Three Squirrels, Tongbanjie, Didapinche, Bilibili, Coinbase, Changingedu, Dig Fortune, Helijia, Yiqichang, Wangli Finance Group, Yodo Fortune, FraudMetrix, Liulishuo, Wecash, Jiang Xiaobai, Hstyle, baifendian, and barong. Among them, Zhubajie, CreditEase, and Prosper successfully joined the Billion Dollar Club. The return on investment at the seed stage for Three Squirrels, Yiqichang, Tongbanjie, and Wangli Finance Group is now up to 50 times. Mr. Li led the establishment of IDG-Accel's post-investment service system, providing help to early-stage startups. Services include public relations, marketing, and human resources. He promoted topic investment strategy, including Internet brand, Internet finance, the 90s entrepreneurs project, C2C of O2O, and the economy sharing approach. He obtained a B.S. in Chemistry from Peking University and an M.S. in Chemistry from the University of Rochester.

Investor type: AngelVCPEInvestment Partner
Stages: Early Stage VentureSeedLate Stage Venture
Invests in: Healthcare & BiotechSaaS & EnterpriseConsumer & RetailConsumer Goods (CPG)Climate & EnergyEdTechMedia & ContentMarketing & AdTech
Location: Beijing, Beijing
Typical check: $500K
Past investments: 3

Notable investments

Coinbase GlobalCrypto AlpacaNew Oriental Education & Technology Group (NYSE:EDU)

How to reach Feng Li

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Frequently Asked Questions

What does Feng Li invest in?

Feng Li invests in Healthcare & Biotech, SaaS & Enterprise, Consumer & Retail and Consumer Goods (CPG), typically at Early Stage Venture, Seed and Late Stage Venture. Match your sector and stage, then reach out with a personalized pitch.