Peregrine Ventures

What Peregrine Ventures does

Peregrine Ventures is a dual-strategy private markets investment platform headquartered in Menlo Park, California with a regional presence in Beijing, operating across North America and APAC. The firm runs two complementary strategies under a single governance framework: a Venture & Growth strategy backing technology innovation and AI companies from early scale through global expansion, and a Private Equity strategy focused on operational value creation, governance, and selective M&A in technology-enabled industrial champions. Beyond capital, the firm runs an internal Value Creation Platform offering commercial acceleration, strategic partnerships, governance and compliance support, talent and leadership access, capital strategy, and cross-border expansion services to portfolio companies.

The portfolio includes notable names across AI (Moonshot AI/Kimi, Manus), Intelligent Manufacturing (UDiTECH, Longshine), and Technology Innovation (Addepar, ByteDance, Pinterest, Roku, Magic Leap, Wish, New Media). The firm is led by Managing Partners Jake Yu and Queen Zhang, supported by a venture partner and VP with diligence backgrounds, a Senior Advisor from Harvard Business School, and Entrepreneurs in Residence including the co-founder of Xiaomi and the founder of Longshine. Revenue is generated through private fund management — management fees and carried interest — raised from institutional Limited Partners; no public revenue, AUM, or fund-size disclosures are available, and the firm operates without a parent company, public listing, or disclosed LP roster.

Name

Peregrine Ventures

Legal name

Peregrine Ventures

Website

https://peregrine.vc

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Peregrine Ventures is a dual-strategy private markets investment platform running Venture & Growth and Private Equity strategies across North America and APAC, deploying capital into technology, AI, and intelligent manufacturing companies while providing cross-border value creation support.

Ownership category

akta.pro rank

Product category

Private Equity and Venture Capital Management

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Thematic / Sector-Focused Multi-Manager Platforms (FSANAGAH)

akta.pro secondary industry

Regional / Country-Focused Multi-Manager Platforms (FSANAGAI)

Keywords

• Venture capital investing
• Private equity management
• Growth stage investing
• Private markets platform
• Technology investment management

Headquarters

HQ city

Menlo Park

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Investment Management: Revenue generated from investment management activities including management fees and carried interest from fund operations across venture & growth and private equity strategies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Peregrine Ventures is a dual-strategy private markets investment platform that manages capital across Venture & Growth and Private Equity strategies. It deploys institutional LP capital into technology companies (AI, intelligent manufacturing, and technology innovation themes) in North America and APAC, and supports portfolio companies through an in-house Value Creation Platform spanning commercial acceleration, strategic partnerships, governance & compliance, talent & leadership, capital strategy, and cross-border expansion.

Product overview

Peregrine Ventures is a dual-strategy private markets investment platform that does not offer a standalone software product. The firm operates two investment strategies (Venture & Growth and Private Equity) and provides an internal value creation platform offering services including commercial acceleration, strategic partnerships, governance & compliance support, talent & leadership advisory, capital strategy, and cross-border expansion support to its portfolio companies. These are advisory and support services rather than commercialized software products.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture & Growth Strategy Strategy backing technology category leaders from early scale to global expansion across North America and APAC, with active support on partnerships, talent, and commercialization under the Technology Innovation theme.
• Private Equity Strategy Strategy partnering for transformation through governance, operational execution, and selective M&A, focused on technology-enabled industrial champions under the Intelligent Manufacturing and Technology Innovation themes.
• Value Creation Platform In-house platform supporting portfolio companies across Commercial Acceleration (GTM, channel development, pricing, key account strategy), Strategic Partnerships, Governance & Compliance, Talent & Leadership, Capital Strategy, and Cross-Border Expansion between North America and APAC.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Sequoia Capital: Premier global technology investor with US, China/Asia, and Europe funds. Broader and larger incumbent covering the same innovation-stage tech landscape Peregrine targets.
• Bessemer Venture Partners: Established US venture firm with global expansion and a multi-stage technology mandate. Comparable investor base (institutional LPs) and technology focus, at materially greater scale.
• Andreessen Horowitz (a16z): Large US venture platform investing across AI, consumer, fintech, and bio. Overlaps with Peregrine's technology innovation thesis with much broader scale.
• Hillhouse Capital / HHLR: Asia-rooted investment platform spanning public and private technology investing. Comparable cross-border mandate but materially larger AUM and broader mandate.

Direct peers

• GGV Capital: Cross-border venture firm investing in US and China technology companies. Directly comparable to Peregrine Ventures in dual-region tech thesis and growth-stage orientation.
• HongShan (formerly Sequoia China): China-headquartered technology investor spun out of Sequoia. Comparable to Peregrine on APAC-rooted tech venture and growth investing across AI and consumer/internet.
• Horizon Ventures: Hong Kong-based technology investment firm backed by Li Ka-shing. Comparable in APAC-rooted tech investing with significant US-Asia deal flow.
• IDG Capital: Long-standing cross-border VC with deep roots in US-China technology investing. Closely comparable in sector focus and dual-region strategy.
• 5Y Capital: China and US technology venture firm. Overlaps directly with Peregrine on AI, intelligent manufacturing, and cross-border growth investing.

Emerging players

• ZhenFund: Early-stage China-US tech investor focused on founders. Comparable thematic technology focus but skewed toward seed and Series A rather than Peregrine's growth / PE orientation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peregrine Ventures