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Wang Huiwen

AI angel investor · lollapalooza.hk ↗
Wang Huiwen is a co-founder of Meituan and Xiaonei (Renren) who founded Light Year and Lollapalooza Capital. His AI angel record on Lounge is the Trooly.AI seed round, announced in January 2026.
Artificial IntelligenceSoftwareMarket Research
Focus: Angel · Seed · AI applications · B2B software · China

About Wang Huiwen

Background

Wang Huiwen was born in 1978 in Dalian and holds a bachelor's degree in electronic engineering from Tsinghua University. He is a serial internet entrepreneur. He co-founded the social network Xiaonei, which became Renren, and later founded Laidian and Taofang. In 2010 he joined Meituan, where he is counted as a co-founder.

He resigned as a non-executive director of Meituan in June 2023, citing health reasons. In February 2023 he had founded the AI company Light Year. Meituan announced in late June 2023 that it would acquire Light Year, with total consideration that included $233.7 million in cash.

In November 2024, 36Kr reported that he had returned to Meituan to lead AI work, including a team focused on AI companions and chatbots. The report relied on anonymous sources. Lollapalooza Capital's website says it was founded in 2025 by Huiwen Wang, co-founder of Meituan.

Angel investing track record

Crunchbase lists five personal investments for Wang Huiwen, with Trooly.AI as the most recent. Tracxn lists a smaller portfolio of one company. The two databases disagree, and only the Trooly.AI deal can be confirmed from the sources reviewed. Check sizes and ownership terms are not public.

AI investments

Wang Huiwen is listed as an investor in the Trooly.AI seed round, announced in January 2026. Trooly.AI is an AI-native user research platform, founded in 2025, that uses multimodal voice agents to run in-depth interviews. The round was reported at nearly $10 million. BlueRun Ventures led it, and Hillhouse Venture Capital and GL Ventures also took part.

A July 2026 press release for the Trooly product launch describes a seed of nearly $20 million and does not name backers. The relationship between that figure and the earlier round is not explained in the sources.

Investment focus

Public sources do not state a formal investment thesis or check size. Third-party databases tag his deals as Seed, Angel and Series A, with a focus on artificial intelligence, software and infrastructure, mostly in China. Trooly.AI is an early-stage B2B software company. These tags come from aggregators rather than from Wang himself.

Notable portfolio companies
  • Trooly.AI: AI-native user research platform using voice agents for in-depth interviews. Seed round announced January 2026.
Sources

Investing activity

Wang Huiwen appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Seed, with a median round size of $10M. The most recent is Trooly.AI (Seed, $10M, Jan 2026).

Wang Huiwen most often invests alongside BlueRun Ventures and Hillhouse Capital, and the companies they back on Lounge are mostly in AI.

Deals

1
AI rounds and acquisitions Wang Huiwen took part in, newest first.

Frequently asked questions about Wang Huiwen

Has Wang Huiwen invested in AI startups?

Yes. He is listed as an investor in the Trooly.AI seed round, announced in January 2026 and reported at nearly $10 million. He also founded the AI company Light Year, which Meituan acquired in 2023.

What is Wang Huiwen's angel check size?

It is not public. No source reviewed gives a check size or fund size for his personal investments.

What stage does Wang Huiwen invest in?

Aggregators list Angel, Seed and Series A deals. His one confirmed AI round on Lounge is a seed round.

Who is Wang Huiwen?

He is a co-founder of Meituan and of Xiaonei (Renren). He founded the AI startup Light Year, which Meituan acquired in 2023, and he founded Lollapalooza Capital in 2025.

Who else invested in Trooly.AI alongside Wang Huiwen?

BlueRun Ventures led the seed round, and Hillhouse Venture Capital and GL Ventures also took part, according to coverage of the round.

Is Wang Huiwen an angel investor?

Yes. Wang Huiwen invests personally as an angel.

What AI companies has Wang Huiwen invested in?

Wang Huiwen's AI investments include Trooly.AI. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.

What stage does Wang Huiwen invest at?

In the rounds tracked on Lounge, Wang Huiwen has invested at Seed, with a median round of $10M.

Who does Wang Huiwen co-invest with?

Wang Huiwen's most frequent co-investors on Lounge are BlueRun Ventures (1 deal) and Hillhouse Capital (1 deal).

How can founders reach Wang Huiwen?

Founders on Lounge can see Wang Huiwen's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with them under Warm Paths, and add Wang Huiwen to their Investor Pipeline to track the conversation.

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