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 a degree, the future that awaits them. Parents are thus willing to invest generously to help their children get ahead in school. One startup capitalizing on this need is […]
View More Tencent-backed homework app jumps to $3B valuation after raising $300MCategory: Matrix Partners China
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 healthy and do well in school. One company capitalizing on China’s booming mother and infant industry – which is expected to double in market valuation […]
View More Alibaba-backed parenting site Babytree starts taking orders for downsized IPOChina 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 firms have invested more this […]
View More China is funding the future of American biotechSino-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 competitive race to own stakes in the next generation of local startups with global aspirations. Over the last year, firms, including DCM Ventures, GGV Capital, Matrix […]
View More Sino-US investment firms are targeting over $4 billion for new funds launched this yearEvolve 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 Conscious Accelerator to combat loneliness, purposelessness, fear and anger spreading throughout the world though technology. Read More