Category: News

Sinovation, Sky9 New Funds Reach For VC Ceiling, Others In Works

More China funds are popping up as venture capital tilts away from the Silicon Valley epicenter and toward emerging Chinese tech startups. Sinovation Ventures debuted a $500 million fourth fund while Sky9 Capital launched a $200 million third fund. Sinovation Ventures, led by AI guru and former Google China executive Kai-Fu Lee, is investing in artificial intelligence, robotics and education startups....

Qiming’s New Pot Of Gold, Tencent, Alibaba Flooding Market With Deals

In more fund news, NIO Capital, linked to innovative, low-priced Chinese electric vehicle maker NIO, is reportedly closing in on a $500 million offshore fund to invest in automotive technologies. It’s part of China’s drive to become the Detroit of electric cars. Tencent and Alibaba are continuing to lead deal flow in China. Alibaba has led...

SenseTime, Mobike Mega Deals Prove It’s China Tech Time!

China broke through on the Forbes Midas List 2017 with 16 China venture capitalists and seven Chinese startup unicorns factoring in the rankings. This should not be a surprise considering that China’s VC market has grown to $65 billion in 2017, nearing the U.S. at $71 billion. And that China accounts for 62 of the world’s...

Uber China Exec Pivots To New London VC Fund

Uber China Exec Pivots To New London VC Fund Candice Lo led the launch of Uber in China. Now she’s a venture capitalist in London with a new VC firm, Blossom Capital, investing in the next generation of innovative companies from a European base. It should be very interesting to hear from Lo about the frenzied pace of opening 65...