US startup Biocellection takes home the champion prize and significant funding at Beijing contest with OTEC and Silicon Dragon for entrepreneurs headed to China. Plus, Silicon Dragon Digest looks at LeEco deal to buy VIZIO.
Silicon Dragon’s weekly digest covers China’s leap in innovation, Baidu’s AI gimmick and Amazon’s go-local strategy in India.
Lightspeed China’s new funds lifts off while India gets fresh recognition as a startup hub but not much new capital.
There was no summer slowdown for venture investors in China and India as deals and funds kept the pace with Alibaba, ZTE, Sequoia, Accel and Bertelsmann in the headlines.
Tencent outdoes itself with $8.6 billion deal in Finland while SAIF invests $3.5 million in Delhi-based workforce management platform FarEye, plus Baidu scores on list of amazing companies.
Silicon Dragon New York 2016 presented a pitching competition at Nasdaq, June 23. Fifteen entrepreneurs competed for a chance to go to Beijing and get funding.
Sequoia Capital made its first deal in New Zealand while Lenovo and Tencent inked a $12 million investment in VR startup in the US. SAIF led a $12 million round in an online tax service in India.
Tencent increasingly goes Hollywood with JV its latest move, Jack Ma funds Ariana Huffington’s new venture. Sequoia Capital India puts $4 million in edtech startup in Bangalore.
News of Mary Meeker’s annual Internet trends report was almost flooded by China dealmakers in the U.S. and moves by tech billionaires (think EBay founder Pierre Omidyar) into frontier markets such as newly digitizing Myanmar.
Indian startup Cleartax draws impact money from Founders Fund and Sequoia Capital India to digitize filing of taxes. Plus, New Zealand and Taiwan pair up in new fund.
Facebook co-founder Saverin launches debut fund for SE Asia, WI Harper does its 8th fund, GGV pairs up with Morningside and Bertelsmann to fund fitness mobile app Keep in Beijing while Nexus and Matrix back Stayzilla in Chennai.
Making sense of the Apple-Didi deal plus Lenovo launches $500 million startup fund, 2 China tech companies head to NY IPOs, Shenzhen tech conglomerate rolls out Israel fund, China tech M&A deals surpass the U.S. level, Seoul creates accelerator for global startups.
Silicon Heartland (Penguin Random House, 2022)
Tech Titans of China: How China's Tech Sector is Challenging the World by Innovating Faster, Working Harder and Going Global (Hachette Book Group, 2019)
Startup Asia: Top Strategies for Cashing in on Asia's Innovation Boom
Silicon Dragon: How China Is Winning the Tech Race
