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Qiming U.s. Ventures Management, LLC

CIK:0001909617
Venture Capital
$515M AUM
6 holdings
Bellevue, WA, United States
Founded:2017
98 employees
Latest filing:Jun 30, 2025

Qiming U.S. Ventures Management, LLC is a venture capital firm headquartered in Bellevue, Washington. Founded in 2017, the firm focuses primarily on investing in early-stage healthcare companies in the United States and Europe, leveraging its affiliation with China-based Qiming Venture Partners. With $515 million in assets under management, Qiming US offers both financial and operational support, connecting portfolio companies to cross-border resources and market opportunities. The team, which consists of experienced entrepreneurs, investors, and scientists, is committed to supporting innovative healthcare startups aiming to shape the future of the industry.

Investment Strategy

Qiming U.S. Ventures Management concentrates on early-stage investments in healthcare, targeting transformative medical and life science companies primarily in the United States and Europe. The firm leverages the broader Qiming network for market diligence, deal flow, and operational support, aiming to help its portfolio companies navigate ambitious growth paths and realize innovative breakthroughs. Its approach combines deep technical expertise, hands-on strategic guidance, and access to transpacific resources, aiming to foster entrepreneurship and provide value well beyond financial capital.

Latest 13F Filing Activity

Qiming U.s. Ventures Management, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 6 equity positions with a total 13F market value of $24M. The fund increased holdings in Jasper Therapeutics Inc., Tourmaline Bio Inc., Ventyx Biosciences Inc. among other positions. Qiming U.s. Ventures Management, LLC reduced exposure to Korro Bio Inc., Kezar Life Sciences Inc., Hillevax Inc. among others.

Top Buys
K
KRROKORRO BIO INC
-$1.8M
J
JSPRJASPER THERAPEUTICS INC
+$1.2M
T
TRMLTOURMALINE BIO INC
+$578.5K
V
VTYXVENTYX BIOSCIENCES INC
+$408.1K
H
HLVXHILLEVAX INC
+$201.2K
Top Sells
K
KRROKORRO BIO INC
-$1.8M
J
JSPRJASPER THERAPEUTICS INC
+$1.2M
T
TRMLTOURMALINE BIO INC
+$578.5K
V
VTYXVENTYX BIOSCIENCES INC
+$408.1K
H
HLVXHILLEVAX INC
+$201.2K

Top Holdings

T
TRMLTOURMALINE BIO INC
+50.2%$11.9M
J
JSPRJASPER THERAPEUTICS INC
+21.8%$5.2M
K
KRROKORRO BIO INC
+19.5%$4.6M
V
VTYXVENTYX BIOSCIENCES INC
+3.7%$882.2K
H
HLVXHILLEVAX INC
+3.1%$741.5K

Equity Positions (6)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
TOURMALINE BIO INC50.22%$11.9M741,691$25.82$15.99+$578.5K
JASPER THERAPEUTICS INC21.83%$5.2M928,964$28.30$5.55+$1.2M
KORRO BIO INC19.47%$4.6M368,085$47.93$12.49-$1.8M
VENTYX BIOSCIENCES INC3.74%$882.2K412,225$19.86$2.14+$408.1K
HILLEVAX INC3.14%$741.5K372,615$10.93$1.99+$201.2K

Industry Allocation

BIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES)
+67.7%
PHARMACEUTICAL PREPARATIONS
+32.3%