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RiverHill Fund is a VC fund launched by one of Alibaba's founders Simon Xie (Xie Shihuang) in Hangzhou in 2014. With Alibaba as its biggest limited partner, RiverHill primarily invests in angel/seed and Series A funding rounds in sectors like AI, big data, O2O retail, entertainment and online education.
RiverHill Fund is a VC fund launched by one of Alibaba's founders Simon Xie (Xie Shihuang) in Hangzhou in 2014. With Alibaba as its biggest limited partner, RiverHill primarily invests in angel/seed and Series A funding rounds in sectors like AI, big data, O2O retail, entertainment and online education.
Founded in 1907 and currently headquartered in Atlanta, Georgia, US, United Parcel Service (UPS) is the world's largest package and document delivery company in revenue and volume. It is also a global provider of specialized transportation and logistics services. UPS serves more than 220 countries and territories worldwide. In 2018, the company generated US$71.8bn in revenue and had a net income of about US$4.8bn with 481,000 employees. It invests in transportation-related companies.
Founded in 1907 and currently headquartered in Atlanta, Georgia, US, United Parcel Service (UPS) is the world's largest package and document delivery company in revenue and volume. It is also a global provider of specialized transportation and logistics services. UPS serves more than 220 countries and territories worldwide. In 2018, the company generated US$71.8bn in revenue and had a net income of about US$4.8bn with 481,000 employees. It invests in transportation-related companies.
Founded in October 1962, Mando Corporation is a South Korean automotive parts manufacturer. It supplies many automobile manufacturers worldwide, including General Motors, Volkswagen, Chrysler, Ford, Nissan, Hyundai, Kia, Suzuki and Chevrolet. With more than 11,000 staff, Mando Corporation produces 4m automotive parts per year, generating annual sales of US$4.74bn in 2018. The company was listed on the Korea Stock Exchange in May 2010; its controlling shareholder is Halla Holdings Corp.
Founded in October 1962, Mando Corporation is a South Korean automotive parts manufacturer. It supplies many automobile manufacturers worldwide, including General Motors, Volkswagen, Chrysler, Ford, Nissan, Hyundai, Kia, Suzuki and Chevrolet. With more than 11,000 staff, Mando Corporation produces 4m automotive parts per year, generating annual sales of US$4.74bn in 2018. The company was listed on the Korea Stock Exchange in May 2010; its controlling shareholder is Halla Holdings Corp.
Shenzhen Guozhong Venture Capital Management Co., Ltd. (GZVCM)
Shenzhen Guozhong Venture Capital Management Co., Ltd. (GZVCM) was founded in December 2015. Chief Partner and CEO Shi Anping previously served as vice president at Shenzhen Venture Capital Group. GZVCM is currently entrusted to operate the state-backed Small Medium Enterprises Development Fund, which has RMB 60bn under management.
Shenzhen Guozhong Venture Capital Management Co., Ltd. (GZVCM) was founded in December 2015. Chief Partner and CEO Shi Anping previously served as vice president at Shenzhen Venture Capital Group. GZVCM is currently entrusted to operate the state-backed Small Medium Enterprises Development Fund, which has RMB 60bn under management.
Founded by former IDG Capital partner Zhang Suyang in May 2016, the Shanghai-based VC firm invests mainly in early-stage startups working on tech innovations and healthcare. Total assets under management exceed RMB 2.2bn.
Founded by former IDG Capital partner Zhang Suyang in May 2016, the Shanghai-based VC firm invests mainly in early-stage startups working on tech innovations and healthcare. Total assets under management exceed RMB 2.2bn.
Formerly known as Guangdong Technology Venture Capital Group, Technology Financial Group is a state-owned firm based in Guangzhou. It has a subsidiary in Guangdong province and has set up nine offices in other provinces across China. Technology Financial Group began investing in companies when it was founded in 1992, and it has assets under management of RMB 50bn. With a focus on VC investment, it also provides financial services such as asset management.The firm invests mainly in the high-end equipment manufacturing; new-generation information technology; new material; art, entertainment and media; consumption; biotech and pharmacy; energy and environmental protection; and automotive sectors.
Formerly known as Guangdong Technology Venture Capital Group, Technology Financial Group is a state-owned firm based in Guangzhou. It has a subsidiary in Guangdong province and has set up nine offices in other provinces across China. Technology Financial Group began investing in companies when it was founded in 1992, and it has assets under management of RMB 50bn. With a focus on VC investment, it also provides financial services such as asset management.The firm invests mainly in the high-end equipment manufacturing; new-generation information technology; new material; art, entertainment and media; consumption; biotech and pharmacy; energy and environmental protection; and automotive sectors.
Toyota Motor Corporation (Toyota) started as a division of the Toyoda Automatic Loom Works in 1933, and established as an independent in 1937. As of December 2019, it ranked tenth largest company in the world by revenue. An established multinational automotive manufacturer, Toyota has invested in startups working on everything from online marketing to cybersecurity, placing an focus on new-generation mobility services. In 2019, it invested $600m in Chinese ride-hailing giant Didi Chuxing, and founded a joint venture to offer car maintenance, insurance and finance services to ride-hailing drivers. Also that year, Toyota invested $500m in Uber for self-driving cars. In early 2020, the auto giant invested $400 in the self-driving startup Pony.ai. Before the investment, the two had already partnered to test self-driving cars on public roads in China.
Toyota Motor Corporation (Toyota) started as a division of the Toyoda Automatic Loom Works in 1933, and established as an independent in 1937. As of December 2019, it ranked tenth largest company in the world by revenue. An established multinational automotive manufacturer, Toyota has invested in startups working on everything from online marketing to cybersecurity, placing an focus on new-generation mobility services. In 2019, it invested $600m in Chinese ride-hailing giant Didi Chuxing, and founded a joint venture to offer car maintenance, insurance and finance services to ride-hailing drivers. Also that year, Toyota invested $500m in Uber for self-driving cars. In early 2020, the auto giant invested $400 in the self-driving startup Pony.ai. Before the investment, the two had already partnered to test self-driving cars on public roads in China.
Founded in 2012, BAIC Capital is the investment arm of China's state-owned carmaker, BAIC Group. Headquartered in Beijing, it has branches in six cities across China and has two subsidiaries in Frankfurt and Silicon Valley. It currently manages over 40 funds, worth RMB 30bn. With a focus on connected cars and mobility services, it has invested in more than 100 companies including EV manufacturer BAIC BJEV, battery manufacturer and technology company CATL and ride-hailing giant Didi Chuxing.
Founded in 2012, BAIC Capital is the investment arm of China's state-owned carmaker, BAIC Group. Headquartered in Beijing, it has branches in six cities across China and has two subsidiaries in Frankfurt and Silicon Valley. It currently manages over 40 funds, worth RMB 30bn. With a focus on connected cars and mobility services, it has invested in more than 100 companies including EV manufacturer BAIC BJEV, battery manufacturer and technology company CATL and ride-hailing giant Didi Chuxing.
Lighthouse Capital is a boutique investment bank established in 2014. The firm has helped to raise finance for over 75 companies, completing more than 120 private funding deals worth over $11bn in total. Its portfolio of companies is valued at over $100bn, including 19 with unicorn status.Lighthouse Capital also manages four PE funds, worth $250bn, targeted at companies in the growth and later stages in emerging sectors.
Lighthouse Capital is a boutique investment bank established in 2014. The firm has helped to raise finance for over 75 companies, completing more than 120 private funding deals worth over $11bn in total. Its portfolio of companies is valued at over $100bn, including 19 with unicorn status.Lighthouse Capital also manages four PE funds, worth $250bn, targeted at companies in the growth and later stages in emerging sectors.
Toyota AI Ventures, the venture capital arm of the Toyota Research Institute, is a Silicon Valley-based fund investing globally in startups with cutting-edge solutions in the AI, smart-mobility, autonomy, robotics, data and cloud spaces while leveraging the global expertise and technical resources of the Toyota Group.In 2015 Toyota created the Toyota Research Institute aiming to support the research on next-generation mobility, robotics and new materials. Toyota AI Ventures was founded in 2017 with initial funding of $100m.
Toyota AI Ventures, the venture capital arm of the Toyota Research Institute, is a Silicon Valley-based fund investing globally in startups with cutting-edge solutions in the AI, smart-mobility, autonomy, robotics, data and cloud spaces while leveraging the global expertise and technical resources of the Toyota Group.In 2015 Toyota created the Toyota Research Institute aiming to support the research on next-generation mobility, robotics and new materials. Toyota AI Ventures was founded in 2017 with initial funding of $100m.
Based in New York, VectoIQ was formed in 2016 to fund startups in the smart mobility space. It is led by Steve Girsky, former vice-chairman of General Motors with more than 30 years in the automobile industry. Mary Chan is the managing partner, who also worked at GM as president of global connected consumer. The VC mainly invests in sectors relating to autonomous vehicles, connected car, smart mobility, MaaS, electrification and cybersecurity.
Based in New York, VectoIQ was formed in 2016 to fund startups in the smart mobility space. It is led by Steve Girsky, former vice-chairman of General Motors with more than 30 years in the automobile industry. Mary Chan is the managing partner, who also worked at GM as president of global connected consumer. The VC mainly invests in sectors relating to autonomous vehicles, connected car, smart mobility, MaaS, electrification and cybersecurity.
With more than 175 years of history, Navistar is the fourth biggest truck-maker in the US. The company drives new innovations in engine technologies, with products ranging from commercial trucks and buses to defense vehicles.In June 2020, it partnered with self-driving trucking startup TuSimple to produce L4 autonomous trucks. It also invested in its first Chinese company TuSimple.In March 2021, Navistar stockholders approved acquisition by TRATON, part of the Volkswagen Group. TRATON has also invested in TuSimple.
With more than 175 years of history, Navistar is the fourth biggest truck-maker in the US. The company drives new innovations in engine technologies, with products ranging from commercial trucks and buses to defense vehicles.In June 2020, it partnered with self-driving trucking startup TuSimple to produce L4 autonomous trucks. It also invested in its first Chinese company TuSimple.In March 2021, Navistar stockholders approved acquisition by TRATON, part of the Volkswagen Group. TRATON has also invested in TuSimple.
TRATON is a subsidiary of Volkswagen Group and one of the world’s largest producer of commercial vehicles. It manufactures light-duty commercial vehicles, trucks and buses at 29 production and assembly sites in 17 countries.The company is now focusing on developing electric trucks and announced in March 2021 that it will invest a total of €1.6bn in e-mobility R&D by 2025. In September 2020, it partnered with self-driving trucking startup TuSimple to mass produce driverless trucks.In March 2021, Navistar stockholders approved the acquisition of Navistar by TRATON. Subject to regulatory approvals, the transaction is expected to be completed by mid-May.
TRATON is a subsidiary of Volkswagen Group and one of the world’s largest producer of commercial vehicles. It manufactures light-duty commercial vehicles, trucks and buses at 29 production and assembly sites in 17 countries.The company is now focusing on developing electric trucks and announced in March 2021 that it will invest a total of €1.6bn in e-mobility R&D by 2025. In September 2020, it partnered with self-driving trucking startup TuSimple to mass produce driverless trucks.In March 2021, Navistar stockholders approved the acquisition of Navistar by TRATON. Subject to regulatory approvals, the transaction is expected to be completed by mid-May.
Founded in 2015 in Guatemala City, the Invariantes Fund invests in technology startups based in the US and Latin America, across different market segments. It is the only VC based in Guatamala, and bills itself as the country’s first early-stage VC firm. As of June 2021, its portfolio includes 24 startups. Invariantes’ most recent investments include participation in the $21m Series A round of US edtech player Reforge, as well in the $130m Series B round of US-based Axiom Space, which is building the first international commercial space station. Both investments were in February 2021.
Founded in 2015 in Guatemala City, the Invariantes Fund invests in technology startups based in the US and Latin America, across different market segments. It is the only VC based in Guatamala, and bills itself as the country’s first early-stage VC firm. As of June 2021, its portfolio includes 24 startups. Invariantes’ most recent investments include participation in the $21m Series A round of US edtech player Reforge, as well in the $130m Series B round of US-based Axiom Space, which is building the first international commercial space station. Both investments were in February 2021.
Silicon Valley-based Tyche Partners was founded in 2015 to invest in hardtech sectors such as SpaceTech, IoT devices, cloud and enterprise infrastructure. Managing partner Weijie Yun is a computer science engineer and veteran entrepreneur as founder and CEO of Telegent Systems, AIP Networks and SiTek.The VC firm currently has 18 startups in its portfolio, including being lead investor for the $12m Series A round of Vence in May 2021. Vence is a California-based producer of virtual fencing wearables for livestock management.
Silicon Valley-based Tyche Partners was founded in 2015 to invest in hardtech sectors such as SpaceTech, IoT devices, cloud and enterprise infrastructure. Managing partner Weijie Yun is a computer science engineer and veteran entrepreneur as founder and CEO of Telegent Systems, AIP Networks and SiTek.The VC firm currently has 18 startups in its portfolio, including being lead investor for the $12m Series A round of Vence in May 2021. Vence is a California-based producer of virtual fencing wearables for livestock management.
Europe ramps up development of local EV battery sector in race to zero emissions
Startups, automakers jostle or unite to ride the fast-growing EV battery market, as the EU pumps billions into developing its own value chain, to cut reliance on imports
SWITCH Singapore 2021: How to harness the power of the deep tech ecosystem
Investor Jason Illian of Koch Disruptive Technologies talks talent, scaling for deep tech startups, and why longer gestation periods and mid-course pivots don’t have to be deal breakers
Verkor: Accelerating low‑carbon battery production in France
French startup Verkor aims to raise up to €1.3bn by the end of next year to finance its first Gigafactory producing sustainable lithium-ion batteries for the European market
Bound4Blue’s aeronautical tech propels first sustainable shipping vessel in the Pacific
Winning €5m fresh funding, Bound4Blue also scores with its EC-backed pilot, the first of its kind, offering new possibilities to cargo vessels seeking sustainable transportation
Sequoia Capital China holds steady with investments in healthcare, biotech and green economy
China’s most active investor increases bets on sectors beyond the consumer internet and edtech recently hurt by regulatory clampdown
From delivery riders to MSMEs, Igloo aims to make insurance more accessible
Expanding from its origins in e-commerce insurance, Igloo seeks growth in credit insurance and income protection for middle-income groups in Southeast Asia
Indogen Capital eyes new growth fund of $100m as foreign tech investors stay keen on Indonesia
With its Japanese investment partner Striders, Indogen plans to boost growth-stage funding in Indonesia and open doors for portfolio companies to new markets in East Asia
Kryha: Enabling big businesses' green practices with blockchain
Kryha’s blockchain systems help companies trace the movement and transformation of resources among multiple stakeholders without exposing sensitive information
Scoobic: Nifty electric three-wheelers for last-mile deliveries
Traveling up to 100 km on a single battery charge, Scoobic’s EVs, with delivery capacities of vans, is a sustainable solution to traffic jams and parking restrictions
Botree Cycling: Recovering critical metals from end-of-life batteries
The Beijing-based startup helps clients dismantle and recycle spent lithium batteries on-site, recovering over 90% of rare metals and reducing demand for mineral resources
Behind Indonesia's recent EV push
EV prices in Indonesia are still high and there are concerns about infrastructure, but serious policymaking and private sector support can boost consumer adoption
Oyika wants to help 30,000 Indonesian riders switch to electric motorcycles
With unlimited battery swaps and round-the-clock service, the Singapore startup is targeting ride-hailing and delivery drivers in Indonesia, a market with a growing appetite for electric motorcycles
Indonesian insurtech Qoala survives pandemic with new partners and products
Acquisition of Thai insurtech FairDee to spearhead expansion into Southeast Asia, building on earlier entry into Malaysia and Vietnam and a Covid-19 travel insurance product at home
Chinese startups join the race to address chip shortage amid funding boom
Would an overheated semiconductor startup scene and the ability to design cutting-edge chips be enough to help China achieve chip self-sufficiency?
TuSimple: Banking on autonomous trucking in the US
TuSimple aims to scale its Waymo-style driverless trucking network to disrupt the $4tn global truck freight market starting with the US, with mass production by 2024