China Power: 11 China-based VCs rank among the top 100 startup investors globally while Mainland China counts 41 of 155 unicorn companies worldwide. New deals span India, Japan, the UK and Malaysia.
Silicon Dragon’s weekly digest: Altos, Cherubic raise new funds for startups in Asia, China outdoes U.S. in billionaire ranks, Tencent inks $100M Twitch-like deal, Cisco dives into India’s digital, Baidu gets in on driver-less cars race.
This week’s Silicon Dragon News: China Media Capital takes stake in Ron Howard’s film group, Amadeus inks first India deal, 500 Startups steps up in Southeast Asia, Lightspeed recharges with 2 news funds at $1.2B, and Alibaba and SoftBank restructuring and bulked up. Elon Musk sounded off about Singapore roadblocks to Tesla. Plus, VR and cloud computing deals got funding.
Prominent venture investors in the Forbes Asia list of young up and comers include DCM, Gobi Partners, Sequoia Capital, IDG Ventures India and Golden Gate Ventures.
Trend-spotting: Shop window in Hong Kong captures the Year of the Monkey in style.
China capital is funneling into Europe, and London is a key destination for investing in startups with China market potential.