# Justin Niu (牛奎光)

Justin Niu (牛奎光, formal name Kuiguang Niu) is a Chinese venture capital investor and partner at IDG Capital, a firm Forbes describes as having over $20 billion in assets under management.<sup>[1](https://www.forbes.com/profile/justin-niu/)</sup><sup> • </sup><sup>[2](https://people.equilar.com/bio/person/kuiguang-niu-kingsoft-cloud-holdings-limited/41841840)</sup> He is known for early-stage bets on China's enterprise-technology sector; his investments span big data, cloud computing, artificial intelligence, enterprise services, new consumer technology, and healthcare, and his best-known deal is enterprise data service DEEPEXI, where he led the angel round.<sup>[1](https://www.forbes.com/profile/justin-niu/)</sup>

| Fact | Detail |
| --- | --- |
| Firm and role | Partner, IDG Capital, since 2007<sup>[2](https://people.equilar.com/bio/person/kuiguang-niu-kingsoft-cloud-holdings-limited/41841840)</sup> |
| Firm size | Over $20 billion assets under management (Forbes)<sup>[1](https://www.forbes.com/profile/justin-niu/)</sup> |
| Education | BS and MS in Computer Science and Technology, Tsinghua University<sup>[1](https://www.forbes.com/profile/justin-niu/)</sup> |
| Prior career | Business career at McKinsey & Company before IDG Capital<sup>[2](https://people.equilar.com/bio/person/kuiguang-niu-kingsoft-cloud-holdings-limited/41841840)</sup> |
| Notable investments | DEEPEXI, SenseTime, Kingsoft, China Steel Network, Everstring, Facishare, FraudMatrix, Kingsoft Cloud, Maimai<sup>[1](https://www.forbes.com/profile/justin-niu/)</sup><sup> • </sup><sup>[3](https://www.guronge.com/p/19784.html)</sup> |
| Boards | Kingsoft Cloud (director since April 2015)<sup>[2](https://people.equilar.com/bio/person/kuiguang-niu-kingsoft-cloud-holdings-limited/41841840)</sup> |

## Education and early career

Niu received his bachelor's and master's degrees in Computer Science and Technology from [Tsinghua University](https://www.edgepedia.org/tsinghua-university) in Beijing.<sup>[1](https://www.forbes.com/profile/justin-niu/)</sup> He then worked at [McKinsey & Company](https://www.edgepedia.org/mckinsey-and-company), the management consultancy, before joining IDG Capital in 2007.<sup>[2](https://people.equilar.com/bio/person/kuiguang-niu-kingsoft-cloud-holdings-limited/41841840)</sup> His Kingsoft Cloud director biography records no founding or operating role between the two; his background is technical education followed by consulting.<sup>[2](https://people.equilar.com/bio/person/kuiguang-niu-kingsoft-cloud-holdings-limited/41841840)</sup>

## Career at IDG Capital

Niu has been a partner at IDG Capital since 2007.<sup>[2](https://people.equilar.com/bio/person/kuiguang-niu-kingsoft-cloud-holdings-limited/41841840)</sup> In his own account of the firm's strategy, IDG Capital began systematically investing in enterprise services in 2012, forming a dedicated investment team at a point when enterprise services had not yet become an investment hotspot in China.<sup>[3](https://www.guronge.com/p/19784.html)</sup> Niu's own sector focus matches that build-out: big data, cloud computing, AI, enterprise services, new consumer technology, and healthcare.<sup>[1](https://www.forbes.com/profile/justin-niu/)</sup>

## Notable investments and exits

Forbes names DEEPEXI, an enterprise data service, as Niu's notable deal: he was instrumental in IDG Capital's investment, leading the company's angel round, and participating in its Series A.<sup>[1](https://www.forbes.com/profile/justin-niu/)</sup> The sources do not state what his stake was worth at exit or any later revaluation.

His other identified deals include the AI company [SenseTime](https://www.edgepedia.org/sensetime), software company Kingsoft, and China Steel Network; he also invested in AI business-to-business provider Everstring, which was acquired by ZoomInfo in 2020 for $575 million.<sup>[1](https://www.forbes.com/profile/justin-niu/)</sup> In a Chinese-language account of his investing, Niu lists additional deals: [Fenxiangxiaoke](https://www.edgepedia.org/fenxiangxiaoke) (Facishare), [Tongdun Technology](https://www.edgepedia.org/tongdun-technology) (FraudMatrix), Kingsoft Cloud, Maimai, Zhaogang (China Steel Network), and others.<sup>[3](https://www.guronge.com/p/19784.html)</sup> None of the sources gives round sizes or valuations for these investments individually.

## Boards and public positions

Niu has served as a director of Kingsoft Cloud since April 2015, per the company's executive biography.<sup>[2](https://people.equilar.com/bio/person/kuiguang-niu-kingsoft-cloud-holdings-limited/41841840)</sup>

## References

1. [Justin Niu — Forbes profile (Midas List 2024)](https://www.forbes.com/profile/justin-niu/)
2. [Kuiguang Niu — Executive Bio (Equilar ExecAtlas, Kingsoft Cloud director bio)](https://people.equilar.com/bio/person/kuiguang-niu-kingsoft-cloud-holdings-limited/41841840)
3. [IDG资本牛奎光：变化即机会，创业要捅破天、筑高墙 (Guronge)](https://www.guronge.com/p/19784.html)

---
*Topic: Encyclopedia › Society and history › Economics and business › Founders, operators, and investors › Venture and growth investors › Greater China venture › 1990s pioneer investors*

*Initially written Sep 17, 2026 · Reviewed: Sep 18, 2026 · Edited: Sep 18, 2026; Oct 11, 2026 · Last review: Sep 18, 2026*

*Copyright 2026 EdgeChat AI, a subsidiary of Biostate AI.*

License: Edgepedia Community License 1.0, https://www.edgepedia.org/edgepedia/license