Prior to founding Genesis, Kurt spent 16 years in the Internet industry in China, including 13 years with Tencent. Kurt was the one of the first generation Product Managers at Tencent and was responsible for various internet value-added service products, such as QQ Show, QQ Zone and QQ Members. He joined the team of Investment of Tencent in 2013 and was Vice General Manage of Investment of Tencent immediately before founding Genesis. Prior to Tencent, Kurt worked at 21sports.com and founded his own software company. Kurt holds a B.S in Economics from Wuhan University and an EMBA from CEIBS.
Genesis Capital invests in the growth of China’s economy. We take an entrepreneurial approach to invest in top teams and companies that leverage information technology to improve efficiency for consumers, and for businesses. We partner with our portfolio companies to manage growth, attract talent, drive excellence and continuous innovation to become no.1 in their industries.
Genesis was established in 2015 by Richard Peng, who previously built and led Tencent’s investment team and portfolio, and Kurt Xu, who previously held senior positions across operations, strategy, and investment at Tencent. The founding team has invested over USD15 Bn in 300+ technology and internet companies globally, and bring decades of investment and operations to our portfolio companies.
The Genesis team consists of seasoned investment professionals with diverse industry experience, senior research experts, dedicated specialists in data science, financial/legal due diligence and talent management, led by a senior team with an average of 19+ years of relevant experience.
SELECT Historical Investments*
*Select investments led by Genesis Capital partners prior to founding Genesis Capital.