Qiqi Ma

Qiqi Ma is a Founding Partner at Runchuang Ventures, describing herself as an experienced Investment Director in the venture capital and private equity industry. Her professional email sits on the domain of Wuxi Venture Capital Group (wxvcg.com), and her phone number carries the Wuxi city area code (0510), placing her squarely within the Wuxi state-backed investment ecosystem.

Runchuang Ventures — registered as Runchuang Private Equity, a fund-management company founded in 2018 and based in Binhu District, Wuxi — focuses on backing talented teams in the semiconductor and advanced-manufacturing industries in China and worldwide. The fund is notable for its strategic cornerstone investors, which include TCL Tech, SK Hynix, IMECAS (the Institute of Microelectronics of the Chinese Academy of Sciences), and Wuxi Venture Capital Group. It works closely with local-government science and business-development departments through partnerships established before the fund was formally launched.

Wuxi Venture Capital Group, whose domain hosts her email, is one of China's earliest municipal-level equity and venture-capital institutions (founded August 2000, backed by the Wuxi Municipal Government, ~$125M registered capital). It targets integrated circuits, IoT, advanced manufacturing, and green low-carbon industries — a sector orientation that closely mirrors Runchuang's semiconductor-and-hard-tech thesis. Ma's role bridges an independent semiconductor fund and this larger state-linked capital platform.

• Stage: Seed and early-stage financings (e.g., the "Seed – II" round Runchuang led/participated in for Naco Energy in 2024).
• Sectors: Semiconductors and integrated circuits first, plus advanced manufacturing and adjacent hard-tech / advanced-materials (including battery materials).
• What she backs: Per the fund's own framing, "talented groups of people working in semiconductor and advanced manufacturing industries in China and worldwide" — i.e., team quality in deep-tech is a central filter.
• Strategic value-add: The fund's cornerstone LPs (TCL Tech, SK Hynix, IMECAS, Wuxi Venture Capital Group) signal an emphasis on industrial and research partnerships, not just capital — useful for supply-chain, fab, and commercialization support.
• Regional alignment: Deep ties to Wuxi's integrated-circuit cluster and municipal innovation programs.