Peng is the Co-Founder and Managing Partner at Monk’s Hill Ventures, a leading early-stage tech venture capital firm in Southeast Asia. Peng is an industry veteran with over 25 years of industry experience as an entrepreneur, founder, and investor in Silicon Valley and in Asia. He is based in Indonesia and is a board member of Glints, ELSA, Finaxar, and Intelligent Video Solutions.

Prior to Monk’s Hill Ventures, he was a Venture Partner at GSR Ventures in China. The firm is known for its successful investments in companies like Didi Chuxing and Qunar. As an entrepreneur, he co-founded a series of successful companies including Electric Classifieds (today known as, Interwoven and Encentuate, which combined today generate over USD$1 billion in revenues annually.

Peng was awarded Singapore's Public Service Medal, P.B.M. (Pingat Bakti Masyarakat) in 2012. He is currently the Chairman of SolveEducation! and serves as a board member of the International Advisory Board for the University of Texas at Austin.

He earned a B.S. in Electrical Engineering from the University of Texas and an M.S. in Computer Science from the University of Illinois. Peng was inducted to the University of Illinois Urbana-Champaign, Grainger College of Engineering's Alumni Hall of Fame in 2016.