The 2023 Forbes Midas List, a prestigious industry list of world's best venture capital investors, was unveiled. Qiming Venture Partners Managing Partner Nisa Leung and Founding Managing Partner Duane Kuang made the list.
The Midas List, which was launched in 2001, is named after the Greek mythology figure King Midas, who could convert anything he touched into gold. Thus, the list is also known as the "Golden Touch List" and regarded as one of the most recognized awards in the VC sector.
Nisa Leung has become a Forbes Midas Lister for the fifth year in a row, placing 41st this year. She has consistently ranked first among Chinese healthcare investors over the last five years. She was also named Forbes China's Best Female Venture Capitalist in 2022, topping the list.
Nisa and her team have demonstrated a strong commitment to identifying startups that contributes to China's healthcare system while meeting global unmet medical needs. She oversees a portfolio of nearly 200 healthcare companies, including Gan & Lee Pharmaceuticals (SHSE:603087), Zai Lab (NASDAQ:ZLAB, SEHK:9688), CanSino Biologics (SEHK:6185, SHSE:688185), New Horizon Health (SEHK:6606) and Venus MedTech (SEHK:2500).
Duane Kuang made the Forbes Midas List for the fourth time, ranking 70th this year. Duane co-founded Qiming in 2006 and led investments in the Technology and Consumer (T&C) sector.
With more than 30 years of experience in corporate management and investing, Duane is a seasoned investor who remains active in the VC space over the past years. His key investments included Roborock (SHSE:688169), WeRide, UBTech, UniSound, Hesai Technology (NASDAQ:HSAI), CYG Intelligent Automation, Chaitin Tech, and Qiniu Cloud among others.
In 2022, Qiming invested in more than 90 companies and welcomed 40 IPOs in the last 24 months.