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SiliconDragonVentures.com                                                              March 2015

 

 

 

FEATURED EVENT

 

 

 

CHINA TECH GOES GLOBAL

March 25, 2015

San Francisco


 
Featuring Chats with Founders of U.S. Startups with Investment from China's Tech Titans

 

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CEO & Founder
EyeVerify Inc.
Co-founder & CEO, Social Finance
 CEO, Connect 

Investor Panel with China-US Dealmakers

Venture Partner, WI Harper and Managing Partner, SV Tech
Managing Director, Fosun's Kinzon Capital
 General Manager, TCL Corp.
Director, Global Gateway division, Silicon Valley Bank
Tech Chats
 
Venue:
135 Mississippi Street
San Francisco
 

Thanks to our sponsors

Silicon Valley Bank

Nixon Peabody 

 

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Silicon Dragon London 2015
 

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Tech E-Trade Route Opens from U.K. to China 
    
March 11, 2015
17:00-21:30
Campus London
   
Opportunities beckon 
 in fintech, 
e-commerce, gaming, 
R&D, mobile and more
  
 
 
DEALMAKER PANEL 
 
Rana
Bhavani Rana
Partner
Amadeus Capital
Partners
See related Forbes post:
  
Frank Meehan
Partner
SparkLabs Global Ventures
  Hussein Kanji 
Partner, Hoxton Ventures
Mark Thompson
Partner, Sidley Austin

Zach Tan
London Director
Infocomm Investments

TECH CHATS
Charlie Cao
Managing Director, China Telecom
  Michael Schmidt
Chairman, Algomi Ltd.
Clive Hyman
CFO, PCG Entertainment
Alexander Trewby
Partner Developer Manager
 Google
Lin Feng
Founder & CEO, DealGlobe

OUTLOOK
Jeff Cao
Head of APAC
London & Partners
Jon Edwards
Deputy Director,
Equity Capital Markets
London Stock Exchange
Daniel Fozzati
Director, Cocoon Global
Bryan Zhang
Director, Cambridge Centre for Alternative Finance
 
  Thanks to sponsor Sidley Austin
 
Campus London
4-5 Bonhill Street
Shoreditch, London
      

EVENT SERIES

2015

  

 

 

Hong Kong
Cyberport, April 22

Beijing
Four Seasons, May 21
 
New York
NASDAQ, June 22
 
Shanghai
 JW Marriott, Sept. 16

Los Angeles
Pasadena Town Hall, July 23

Silicon Valley
  Draper University, Oct. 6

Awards
Hong Kong
Hysan Place, Nov. 5
  
Taipei
 November 12

For Speaking and
Sponsorship Opportunities,
email

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March 5-6, 2015
Paris
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Asian Startups Claim 11% of Billion Dollar Club 

 

Any wonder to see so many Asian startups placing in the top tier of global companies valued at $1 billion or more by venture capital firms. 

Accounting for 11 percent of a total 73 companies, China claims the most with eight, followed by India with four.  In a show of strength for Startup Asia, South Korea takes two spots - Coupang and Yello Mobile - while Malaysia takes one - GrabTaxi.

These venture-backed technology startups that rank among the hottest in the world are centered in market sectors where Asia is taking a lead with innovations. 

Chinese smart phone maker Xiaomi tops the list with a stratospheric valuation of $46 billion. 

E-commerce site Flipkart scores the highest for India, with a valuation of $11 billion. 

See Forbes, $1BLN Club.

See WSJ article on $1 Billion Tally:

Meet the Hottest Tech Startups

 

 

TOP 10 VC-BACKED GLOBAL STARTUPS BY $  

 

CompanyLatest ValuationTotal Equity FundingLast Valuation
Xiaomi
$46.0 billion
$1.4 billion
December 2014
Uber
$41.2 billion
$2.8 billion
December 2014
Palantir
$15.0 billion
$1.0 billion
September 2014
SpaceX
$12.0 billion
$1.1 billion
January 2015
Flipkart
$11.0 billion
$2.5 billion
November 2014
Airbnb
$10.0 billion
$800 million
April 2014
Dropbox
$10.0 billion
$607 million
January 2014
Snapchat
$10.0 billion
$615 million
December 2014
Theranos
$9.0 billion
$400 million
June 2014
Meituan
$7.0 billion
$1.1 billion
January 2015

 

Source: Dow Jones VentureSource

 

 

TECH E-TRADE ROUTE FROM THE UK TO  

ASIA'S HOTSPOTS OPENS

 

 

 

 

 

Struggling to think of strong startup connections between the UK and China?  Think again. Incubators, accelerators, tech delegations, stock exchanges, and U.K.-based business leaders are eyeing growth and profits by leveraging opportunities in the Far East.

Trade flows have always been strong, but not for tech innovation and venture investment. Now that's changing as more and more business and policy leaders spot the potential and see London as a bridge to Eastern markets.

Simon Squibb's incubator Nest from Hong Kong has engineered a partnership with London's Level 39 for its startups to share space at the Canary Wharf accelerator space.  Meanwhile, a new incubator project backed by China Equity Capital, Cocoon Global, is forming in London to facilitate UK-China entrepreneurship.

Read Forbes: London's Bridge 

 

TREND-SPOTTING

 

A new and thorough report from SparkLabs Global showcases some telling statistics about Asia's booming e-commerce business, with break-outs for China, India, Japan, Korea and Southeast Asian markets.

See Asian-E-commerce Report.   

 

INSIDE ALIBABA, THE SHARP-ELBOWED WORLD OF CHINESE E-COMMERCE 

Some merchants are using fake orders to boost their standing on Alibaba's websites, a practice that puts the Chinese e-commerce giant at risk. on.wsj.com/1zUqN07


 
BAIDU MAY STEAL SOME OF ALIBABA'S LIMELIGHT 

Upcoming changes to global indexes should create even more investor interest in big Chinese Internet companies. But Baidu might benefit more than Alibaba or Tencent. on.wsj.com/1GniX3u   

  

VENTURE CAPITAL ON THE RISE IN INDIA 

Getting seed funding is easier than earlier with VCs having tasted blood with FlipKart, Snapdeal, Ola Cabs. See Times of India: VC on the rise

 

SMOG DOCUMENTARY SEND CHINA STOCKS SOARING 

When journalist Chai Jing released her documentary on China's air pollution, she probably could not have dreamed that her message would resonate so widely while boosting the share prices of so many "environmentally friendly" companies.

More than a dozen stocks in the fields of pollutant treatment, air quality monitoring and green technology saw huge gains, with several rising 10% and reaching the daily trading limit.

The catalyst for the buying frenzy was a 104-minute long documentary going into details of the history, causes and impact of China's smog.

 

CHINA-US TECH BATTLE LINES DRAWN

Battle lines became clearer in China/US technology company disputes when a top United States official criticized China for new regulations on American tech companies.

The escalating conflict pits a confident Chinese leadership, alarmed by evidence of online espionage by the U.S, against an awkward alliance between the Obama administration and Silicon Valley - which itself is wary of Washington but is also salivating over the huge Chinese market.

What makes this trade dispute different from others is that traditional concerns of market share and protectionism have become intertwined with the thornier issues of national security and espionage.

Read NYT article, China-US tech trade 

 

 

DEALS, FUNDS 

 

GREATER CHINA

 

China's largest used car e-business Cheyipai picks up $110 million in financing. Renren led the D-round financing with secondary investors Sequoia Capital, Matrix China, Morningside Ventures and CITIC Capital.


 

Read related post: Renren's Burst Of Deals In US Startups Shows New Focus http://onforb.es/1DKWjnH 


 

Alibaba announces new $315 million 'not-for-profit' fund to invest in Taiwan startups 


 

"Chinese Craigslist" 58.com acquires real estate portal Anjuke for $267 million
 

Xiaomi powerhouse Lei Jun, the founder of China's most popular smartphone, raised 1 billion RMB ($160 million) to invest in more Chinese tech and Internet startups.This is the first RMB-denominated fund for his Shunwei Capital, enabling it  to fund localized startups and exit from these deals within China as they go public.  It's another advancement for China's homegrown tech innovation.

Read Forbes post: Shunwei fund 
 

 

INDIA

 

Home-grown mobile handset maker Micromax Informatics, which sold as many or even more smartphones in the past couple of quarters than global smartphone leader Samsung in India, is reportedly seeking a valuation of $3-3.5 bliion for a potential stake sale.
The valuation, which is close to three times of its annual sales, is too low compared to its global competitors who are trying to capture a slice of Indian smartphone market, the fastest growing, where Micromax has already established its leadership. China's Xiaomi, which has entered India only a few quarters ago, was valued at $46 billion in its December 2014 round of funding, a jump from $4 billion in June 2012.
Read Micromax.

 

India-based food ordering service TinyOwl raises $16 million from Matrix, Sequoia and Nexus in a Series B round to fund plans to reach 50 cities in the country http://tcrn.ch/1Deb4dj 

 

Doctor search engine Practo Technologies raises $30 million from Sequoia and Matrix in a second round of financing.

 

Grofers, an on-demand delivery service for Indian cities, raises $10 million from Sequoia and Tiger Global http://tcrn.ch/1E25yzO 

 

Sequoia Capital has led a $4.5 million investment deal in eight-month-old HomeLane, a technology-led home solutions startup backed by storied entrepreneur duo K Ganesh and Meena Ganesh. buff.ly/1B7J3Yb

 

CONNECT
 
  @SiliconDragon
@RFannin
@SiliconGlobal
WeChat: rebeccafannin

 
Silicon Dagon's Rebecca Fannin on stage with Stella Li, senior VP of BYD electric vehicle maker, at China Business Series event, University of San Francisco, Feb. 27.
 
 
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