vcvibes

Cannage CapitalFirm match from fund name (lower confidence)

11.2 Capital III, L.P.

Open, writing first checks

Open: first sale Dec 2022, per Form D (fund age approximates vintage)

Vintage
2022
Fund size
$63.5M to $150M (Form D)
Stages
Not stated
Sectors
AI infra, AI applications, Semiconductors
Regions
Not stated

01 · Thesis

Cannage Capital partners with founders building across the AI stack, from semiconductors and software infrastructure to applications across industries, aiming to back enduring companies.Inferred from the firm's website

02 · Initial check

$635K to $2.5M (estimated from fund size)

Estimated from Form D: $63.5M sold of a $150M target

03 · Who to approach

Named on this fund's Form D

  • Qian Zhuang, Managing Member of the General Partner

04 · Deals

No deals attributed to this fund yet.

05 · Evidence

  • Firm-wideWe partner with exceptional founders building across the AI stack from semiconductors to software infrastructure to applications across industries, helping create the most enduring companies of tomorrow.

    We partner with exceptional founders building across the AI stack from semiconductors to software infrastructure to applications across industries, helping create the most enduring companies of tomorrow.
    https://www.cannagecap.com/

06 · Sources

  1. https://www.cannagecap.com/
  2. https://www.sec.gov/Archives/edgar/data/1955908/000195590823000001/

Last verified: Oct 28, 2026