曹国熊

创始管理合伙人, Puhua Capital
He joins founders from the start, requires team‑debated risk review, keeps most portfolio steady with experimental slice, mixes film/book thinking, builds UK teams, and favors founders with one standout skill.
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Europe
曹国熊
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About 曹国熊

He sees himself as someone who grows alongside founders from the very start rather than jumping on hype, only moves forward on a deal after his team has really argued out the risks, and prefers to keep the bulk of his portfolio steady while using a small slice to chase bigger, riskier bets—admitting that in the past he was sometimes too cautious rather than too bold. He also brings his own interests into his work, mixing a love of film and books into how he thinks about content and audiences, judging hard-tech founders on both national pride and global thinking rather than just copying existing technology, looking for founders with one clearly strong skill instead of an all-round resume, learning markets firsthand by using products himself or visiting many companies in person, describing Hangzhou's startup scene almost like a mix of local roots and outside talent, and setting up real teams and partnerships in the UK rather than just talking about going global.

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Puhua Capital

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Puhua Capital was selected by China's National SME Development Fund to help direct state-backed funding into early-stage, hard-tech companies, including a Hangzhou-based fund that channels national capital into the city's growing tech sector. The firm is also known for backing embodied-intelligence robotics, including the largest angel round in consumer robotics, and for repeatedly investing alongside top state and industrial investors in major AI, chip, and synthetic biology deals, such as one with Kweichow Moutai.

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