Sinovation Ventures, one of China’s prominent funds which is helmed by former Google China head Kaifu Lee, has announced a new investment fund that’s targeted at a total raise of $900 million. This newest fund is the firm’s fourth, and it promises to be its largest to date. Sinovation is a little different from other firms in […]
View More Former Google China head targets AI opportunities with new $900M Sinovation fundCategory: BBVA
Sinovation, co-founded by the ex-head of Google China, nabs $50M from BBVA for its $500M AI fund
It’s not often that you hear many details about the limited partners that feed money into a venture capital fund, and even less so when it’s about Western money being channelled into Chinese VCs, but today comes news of how one of the more interesting funds out of China is shaping up, courtesy of a […]
View More Sinovation, co-founded by the ex-head of Google China, nabs $50M from BBVA for its $500M AI fundUK’s Atom Bank raises another $206M led by BBVA for millennial and SMB financial services
Atom Bank, the startup based out of Durham, England that operates a mobile-only bank targeting consumers between the ages of 18 and 34, has raised another big round of funding. The company today announced another £149 million ($206 million) in funding to double down on its existing business — focused currently on savings accounts, mortgages and small business loans — as well as… Read More