Gary Rieschel
Global Ambassador | GIC
Founding Managing Partner | Qiming Venture Partners
Seattle, WA
Claims to Fame
- Has maintained multiple staff members for 10+ years
- Makes himself at home in vastly different cultures such as China, Japan and Silicon Valley
- Has a talent for sussing out regions of high growth
Gary Rieschel is the Founding Managing Partner of Qiming Venture Partners, a firm he launched in Shanghai in 2006 and one that is regarded among the most successful venture capital firms in China. Qiming invests in technology and healthcare and has 70+ staff in China and the U.S. and has over $6B USD in assets under management. Many of Qiming’s portfolio companies are today’s most influential firms in their respective sectors, including XiaoMi (SEHK:1810), Meituan Dianping (SEHK:3690), UBTech, Bilibili (NASDAQ:BILI), Roborock (SHSE:688169), Tigermed (SZSE:300347), Zai Lab (NASDAQ:ZLAB), Venus MedTech (SEHK:2500), CanSino (SEHK:6185), Sanyou Medical (SHSE:688085), AmoyDx (SZSE:300685), Berry Genomics (SZSE:000710), Gan and Lee (SHSE: 603087.SS), Bytedance, and WeDoctor Group among many others. Under Gary’s direction, Qiming launched a focused sector strategy in 2006 which led to Qiming being China’s largest venture healthcare investor.
Prior to founding Qiming, Mr. Rieschel was a senior executive at Intel, Sequent Computer, Cisco Systems, and Softbank Corporation. Gary started his VC career by creating Softbank’s U.S. venture group in 1996 (SBVC), and while at Softbank he invested in twelve companies which grew to over $1B USD in market capitalization and served on Softbank’s board of directors. Gary was an early driver of venture capital development in China through sponsoring and founding several of China’s 1st generation VC firms, including Softbank China Ventures (2000), SAIF Partners (2001), and Ceyuan Ventures (2004), before moving to China in 2005 to create Qiming.
Mr. Rieschel is well regarded as a mentor to entrepreneurs and other venture capitalists. He serves as an advisor to numerous venture capital and private equity firms. He helped found the China Greentech Initiative and sponsored the Rocky Mountain Institute’s entry to China (Re-Inventing Fire – China). Gary actively supports the Asia Society, the Council on Foreign Relations, The Nature Conservancy, PERC (free market environmentalism), the Climate Leadership Council, the U.S. Olympic Foundation, and the Fudan University International Advisory Board. Gary serves as a Trustee of Reed College.
Mr. Rieschel attended Reed College (BA Biology ‘79) and Harvard Business School (MBA ‘84). Mr. Rieschel was based in Shanghai from 2005 through 2016, when he relocated to Seattle, WA to launch the Qiming U.S. operations.
Prior to founding Qiming, Mr. Rieschel was a senior executive at Intel, Sequent Computer, Cisco Systems, and Softbank Corporation. Gary started his VC career by creating Softbank’s U.S. venture group in 1996 (SBVC), and while at Softbank he invested in twelve companies which grew to over $1B USD in market capitalization and served on Softbank’s board of directors. Gary was an early driver of venture capital development in China through sponsoring and founding several of China’s 1st generation VC firms, including Softbank China Ventures (2000), SAIF Partners (2001), and Ceyuan Ventures (2004), before moving to China in 2005 to create Qiming.
Mr. Rieschel is well regarded as a mentor to entrepreneurs and other venture capitalists. He serves as an advisor to numerous venture capital and private equity firms. He helped found the China Greentech Initiative and sponsored the Rocky Mountain Institute’s entry to China (Re-Inventing Fire – China). Gary actively supports the Asia Society, the Council on Foreign Relations, The Nature Conservancy, PERC (free market environmentalism), the Climate Leadership Council, the U.S. Olympic Foundation, and the Fudan University International Advisory Board. Gary serves as a Trustee of Reed College.
Mr. Rieschel attended Reed College (BA Biology ‘79) and Harvard Business School (MBA ‘84). Mr. Rieschel was based in Shanghai from 2005 through 2016, when he relocated to Seattle, WA to launch the Qiming U.S. operations.
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