Matrix Partners China
Matrix is rebranding its India and China affiliates, becoming the latest venture firm to distance its international franchises. The U.S.-headquartered venture capital firm will retain its name, while Matrix Partners…
As tensions build, Silicon Valley’s Chinese affiliates invest in sensitive space tech
Chinese subsidiaries of U.S. venture capital firms invest in technology that could be sensitive to national security.
VESoft raises $8M to meet China’s growing need for graph databases
Sherman Ye founded VESoft in 2018 when he saw a growing demand for graph databases in China. Its predecessors, like Neo4j and TigerGraph, had already been growing aggressively in the…
China’s news and data site 36Kr tumbles in its stock market debut
36Kr, a Chinese news and data website that tracks startups, fell 10% in its Nasdaq debut on Friday. The disappointing debut followed 36Kr’s decision to slash the size of its…
iSpace becomes the first private Chinese company to launch satellites to orbit
With a successful launch from the Gobi Desert blasting off at around 1:10 PM Beijing time (1:10 AM ET), Chinese space launch startup iSpace (which, awesomely, is also called StarCraft…
Tencent-backed homework app jumps to $3B valuation after raising $300M
Academic exams are a big deal in China, as they determine the kind of universities, high schools and elementary schools that students get into and, to some degree, the future…
Alibaba-backed parenting site Babytree starts taking orders for downsized IPO
A lot of Chinese millennials may be delaying or opting out of childbearing, but those who have committed to parenting often go all out to ensure their children grow up…
Featured Article
China is funding the future of American biotech
Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US life science and biotech companies. In fact, Chinese venture…
Sino-US investment firms are targeting over $4 billion for new funds launched this year
As limited partners increasingly demand greater exposure to emerging market opportunities, venture capital firms with a focus on Asia are bulking up their funds and chasing deals in an increasingly…
Evolve Foundation launches a $100 million fund to find startups working to relieve human suffering
It seems there’s nothing but bad news out there lately, but here’s some good news — the nonprofit Evolve Foundation has raised $100 million for a new fund called the…
Baidu Leads $50 Million Funding Round For Chinese Real Estate Marketplace Anjuke
Leading Chinese search engine company Baidu has led a $50 million financing round for Anjuke, a major real estate marketplace in China. Anjuke, which was founded in Shanghai in 2007,…