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Founded under a different name in 2002, the company became UCAR in 2016. A comprehensive car services provider, it now operates in nearly 300 cities across China. It has served around 60 million Chinese users and manages a total of 400,000 vehicles. UCAR has four business units: car rental service provider zuche.com, chauffeured car service provider 10101111.com, auto e-commerce platform maimaiche.com and automotive financing service platform carbank.cn. It invests in automotive businesses and startups.
Founded under a different name in 2002, the company became UCAR in 2016. A comprehensive car services provider, it now operates in nearly 300 cities across China. It has served around 60 million Chinese users and manages a total of 400,000 vehicles. UCAR has four business units: car rental service provider zuche.com, chauffeured car service provider 10101111.com, auto e-commerce platform maimaiche.com and automotive financing service platform carbank.cn. It invests in automotive businesses and startups.
With offices in Beijing and Hong Kong, Primavera Capital Group focuses on private equity investment and helps businesses with corporate restructuring and non-performing assets handling. It was founded in 2010 by Fred Hu (Hu Zuliu), who worked at Goldman Sachs from 1997–2010 and served as the bank’s chairman for Greater China from 2008–2010.
With offices in Beijing and Hong Kong, Primavera Capital Group focuses on private equity investment and helps businesses with corporate restructuring and non-performing assets handling. It was founded in 2010 by Fred Hu (Hu Zuliu), who worked at Goldman Sachs from 1997–2010 and served as the bank’s chairman for Greater China from 2008–2010.
Hike Capital was founded in December 2015 by Mark Yang, the founder of Ganji.com and Guazi.com, and Anna Xu, former general manager of the mobile internet department at NetEase and founder of the NetEase News app. The firm invests mainly in early-stage startups in the technological innovation, transaction platform, entertainment and lifestyle fields.
Hike Capital was founded in December 2015 by Mark Yang, the founder of Ganji.com and Guazi.com, and Anna Xu, former general manager of the mobile internet department at NetEase and founder of the NetEase News app. The firm invests mainly in early-stage startups in the technological innovation, transaction platform, entertainment and lifestyle fields.
Centro para el Desarollo Tecnológico Industrial (CDTI) is a Spanish government startup accelerator under the Ministry of Science, Education and Universities. Based in Madrid, it has invested in 13 startups since 2015, predominantly focusing on scientific enterprises.
Centro para el Desarollo Tecnológico Industrial (CDTI) is a Spanish government startup accelerator under the Ministry of Science, Education and Universities. Based in Madrid, it has invested in 13 startups since 2015, predominantly focusing on scientific enterprises.
Norway-based Katapult Accelerator focuses on technology-based startups targeting environmental and societal causes. Katapult's three-month accelerator program offers training and mentorship opportunities across a range of technologies including AI, blockchain and IoT, along with access to funding and investors. The company has recently teamed up with New York's ERA accelerator to help Katapult's startups expand to the US.
Norway-based Katapult Accelerator focuses on technology-based startups targeting environmental and societal causes. Katapult's three-month accelerator program offers training and mentorship opportunities across a range of technologies including AI, blockchain and IoT, along with access to funding and investors. The company has recently teamed up with New York's ERA accelerator to help Katapult's startups expand to the US.
Volkswagen Group China is a division of German automobile manufacturer Volkswagen Group. Volkswagen Group China produces, sells and services cars, engines and transmission systems, as well as other parts and components. It runs more than 2,000 authorized dealerships and has 360,000 dealers on staff. Volkswagen Group China and its joint-venture companies plan to invest €15 billion by 2020 in developing autonomous and new energy vehicles.
Volkswagen Group China is a division of German automobile manufacturer Volkswagen Group. Volkswagen Group China produces, sells and services cars, engines and transmission systems, as well as other parts and components. It runs more than 2,000 authorized dealerships and has 360,000 dealers on staff. Volkswagen Group China and its joint-venture companies plan to invest €15 billion by 2020 in developing autonomous and new energy vehicles.
Castel Capital is a privately-owned Dutch venture capital and equity platform. The company also works with co-investors and private family offices to build bespoke investment portfolios. Castel focuses on both tech and non-tech business opportunities across Europe. Seed funding of €100,000–€500,000 and Series A rounds of €500,000–€1 million are generally available for tech deals. Castel has a hands-on management approach and seeks to add value to the portfolio companies. The firm has invested in 10 startups in diverse sectors like digital health, fintech and transportation.
Castel Capital is a privately-owned Dutch venture capital and equity platform. The company also works with co-investors and private family offices to build bespoke investment portfolios. Castel focuses on both tech and non-tech business opportunities across Europe. Seed funding of €100,000–€500,000 and Series A rounds of €500,000–€1 million are generally available for tech deals. Castel has a hands-on management approach and seeks to add value to the portfolio companies. The firm has invested in 10 startups in diverse sectors like digital health, fintech and transportation.
Bojiang Capital was founded in Shanghai in September 2005. The investment management group has branches in Hong Kong, Beijing, Zhejiang and Shenzhen. It also has offices in Silicon Valley and Los Angeles in the US.Bojiang mainly invests in the primary equity market and focuses on high-tech young companies in the technology, media and telecoms (TMT) industry, big data, artificial intelligence, corporate services, fintech, new materials and culture.
Bojiang Capital was founded in Shanghai in September 2005. The investment management group has branches in Hong Kong, Beijing, Zhejiang and Shenzhen. It also has offices in Silicon Valley and Los Angeles in the US.Bojiang mainly invests in the primary equity market and focuses on high-tech young companies in the technology, media and telecoms (TMT) industry, big data, artificial intelligence, corporate services, fintech, new materials and culture.
Moventis is a Spanish family-run transportation company that specializes in urban and inter-city bus and tram services, as well as bus rentals. It was established in 1923 and is based in the Catalan city of Lerida. It does not normally invest in tech startups and its investment in Shotl is believed to be its first in a startup.
Moventis is a Spanish family-run transportation company that specializes in urban and inter-city bus and tram services, as well as bus rentals. It was established in 1923 and is based in the Catalan city of Lerida. It does not normally invest in tech startups and its investment in Shotl is believed to be its first in a startup.
Based in Singapore, Clermont Group is a venture capital group that was founded by New Zealand-born billionaire Richard F. Chandler. The company styles itself as a "business house" with a philosophy that entrepreneurship and managing capital are noble callings. To this end, Clermont invests in businesses that are geared towards fulfilling customer needs and those that generate employment. As a group, Clermont owns shares in Vietnamese healthcare group Hoan My, Philippines based clinic network The Medical City and the Small Business FinCredit company in India.
Based in Singapore, Clermont Group is a venture capital group that was founded by New Zealand-born billionaire Richard F. Chandler. The company styles itself as a "business house" with a philosophy that entrepreneurship and managing capital are noble callings. To this end, Clermont invests in businesses that are geared towards fulfilling customer needs and those that generate employment. As a group, Clermont owns shares in Vietnamese healthcare group Hoan My, Philippines based clinic network The Medical City and the Small Business FinCredit company in India.
China Merchants Venture, a subsidiary of China Merchants Group, was founded in November 2015. It is headquartered in Shenzhen and has opened offices in Beijing, Hong Kong, Israel and Silicon Valley. The company invests in finance, real estate, logistics, transportation, healthcare, AI, among other industries. Of the RMB 5 bn capital under its management, RMB 2bn is earmarked for a fund of funds (FOF) and the other RMB 3 bn for direct investment. As of April 2019, the FOF has invested in 28 early and growth stage funds, and directly invested in over 50 startups.
China Merchants Venture, a subsidiary of China Merchants Group, was founded in November 2015. It is headquartered in Shenzhen and has opened offices in Beijing, Hong Kong, Israel and Silicon Valley. The company invests in finance, real estate, logistics, transportation, healthcare, AI, among other industries. Of the RMB 5 bn capital under its management, RMB 2bn is earmarked for a fund of funds (FOF) and the other RMB 3 bn for direct investment. As of April 2019, the FOF has invested in 28 early and growth stage funds, and directly invested in over 50 startups.
Founded in Beijing in 2010 with a registered capital of RMB 12m, Hongdao Capital manages six RMB funds and one US dollar fund, totaling RMB 2bn. It has invested in over 80 companies, including unicorns Ofo, WeDoctor, Wecash, and Renrendai.com. The sectors it has invested in include, internet-based finance, corporate services, healthcare and AI. Its investment size ranges from RMB 500,000 to RMB 50m.
Founded in Beijing in 2010 with a registered capital of RMB 12m, Hongdao Capital manages six RMB funds and one US dollar fund, totaling RMB 2bn. It has invested in over 80 companies, including unicorns Ofo, WeDoctor, Wecash, and Renrendai.com. The sectors it has invested in include, internet-based finance, corporate services, healthcare and AI. Its investment size ranges from RMB 500,000 to RMB 50m.
Shenzhen Sunrise New Energy Co. Ltd.
Founded in 1995, Shenzhen Sunrise New Energy Co. Ltd., formerly known as Shenzhen Rainbow Fine Chemical Industry Co. Ltd., was listed on the Shenzhen Stock Exchange in 2008. Its main lines of business include Lithium-ion battery, photovoltaic power generation and New Energy bus operation. In 2016, it set up a fund to invest in autonomous driving, wireless charging, advanced parking management, artificial intelligence and robotics sectors.
Founded in 1995, Shenzhen Sunrise New Energy Co. Ltd., formerly known as Shenzhen Rainbow Fine Chemical Industry Co. Ltd., was listed on the Shenzhen Stock Exchange in 2008. Its main lines of business include Lithium-ion battery, photovoltaic power generation and New Energy bus operation. In 2016, it set up a fund to invest in autonomous driving, wireless charging, advanced parking management, artificial intelligence and robotics sectors.
La Famiglia is a Munich-based VC fund founded in 2016, comprising family businesses, tech entrepreneurs, business angels and industry experts led by Jeanette Fürstenberg and Robert Lacher. To date, it has managed one exit, API payroll engine, Rollbox. It has invested in 23 companies, including in OnTruck's Series B round and in the Series A round of CloudNC, Coya, Asana Rebel and FreightHub. Logistics and AI are two principal areas of interest for its investments.
La Famiglia is a Munich-based VC fund founded in 2016, comprising family businesses, tech entrepreneurs, business angels and industry experts led by Jeanette Fürstenberg and Robert Lacher. To date, it has managed one exit, API payroll engine, Rollbox. It has invested in 23 companies, including in OnTruck's Series B round and in the Series A round of CloudNC, Coya, Asana Rebel and FreightHub. Logistics and AI are two principal areas of interest for its investments.
LocalGlobe is one of the most active VC firms in the UK. Founded by father and son Robin and Saul Klein in 1999 and focused on seed and early-stage fundings, the firm has undertaken over 200 investments to date.In 2019, LocalGlobe aims to launch a new sister fund called Latitude to help startups in their investment portfolio, to scale up and to continue after seed through later funding rounds. LocalGlobe has managed 28 exits to date including Graze, Bitly and Zoopla. Its recent investments include in Zencargo and Weengs' Series A rounds and in VOI Technology's Series B round.
LocalGlobe is one of the most active VC firms in the UK. Founded by father and son Robin and Saul Klein in 1999 and focused on seed and early-stage fundings, the firm has undertaken over 200 investments to date.In 2019, LocalGlobe aims to launch a new sister fund called Latitude to help startups in their investment portfolio, to scale up and to continue after seed through later funding rounds. LocalGlobe has managed 28 exits to date including Graze, Bitly and Zoopla. Its recent investments include in Zencargo and Weengs' Series A rounds and in VOI Technology's Series B round.
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
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
New sectors, strategies come into play as investors respond to China's Big Tech curbs
Amid the crackdown on China’s tech giants, some investors are sussing out less risky sectors, while heavyweights like BlackRock and Fidelity stay in for the long haul
Viezo: Vibration energy harvesting to power sensors and IoT devices
Disrupting the battery market, Viezo’s proprietary technology, PolyFilm, can also boost operational efficiency and slash maintenance costs of sensors and IoT devices
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
Nuuk, the cooler box poised to disrupt cold chain logistics
Barcelona-based startup Groenlandia Tech has developed a smart cooler box to track and monitor biological samples, providing an extra layer of security and control during transport
Teliman: Driver-centered mobility model assisting Malian development
The startup addresses a basic necessity with its on-demand ride-hailing services while supporting the personal and economic progress of its drivers, including empowering women
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
Gojek and Tokopedia merge to form GoTo
The new entity, now Indonesia’s largest tech group, plans to go public in Indonesia and the US, targeting a $40bn valuation
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
Qairos Energies: Mass producing green hydrogen from industrial hemp
The French startup is seeking a €19m Series B round to produce industrial quantities of green hydrogen and is planning a “circular economy” partnership with local farmers
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
Portugal looks to its marine heritage to create an oceantech leader
Portugal is tapping oceantech disruption to create new value out of its blue economy, with strong government push
Portugal oceantech II: Single-minded efforts to build an ecosystem of international reference
With dedicated accelerators and investment programs, supported by the EU’s vote of confidence, Portugal appears on track to lead in oceantech