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Silicon Dragon
Event Series 2016
Fintech Innovations
Millennial Stars
Silicon Dragon NY 2016
June 23, 5-9pm
SPEAKERS AT NASDAQ
Los Angeles, July 27-28
Shanghai, Sept. 15
Silicon Valley, Oct. 6
Asia Awards,
Hong Kong, Nov. 17
Tel Aviv, Dec. 1
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 Facebook co-founder Eduardo Saverin has raised $143.6 million for his debut fund, which seeks to close approximately $250 million. The fund will focus on India and Southeast Asia, and will be run with co-founder Raj Ganguly, a prominent investor who has worked with Saverin on previous deals.
U.S.-China VC firm WI Harper Group, which focuses on expansion-stage, cross border investing, has raised $173.4 million for its eighth fund.
Shanghai and Los Angeles-based Bliss Media has partnered with CODI Capital Group to launch a $150 million fund focused on international film and TV equity investment.
GGV Capital and Morningside Ventures have led the $32 million Series C funding round of KEEP, a Beijing-based mobile workout app. Bertelsmann Asia Investment joined in on the deal.
Alibaba affiliate Ant Financial along with CDH Investments, Sina.com, Hehe Pictures, BONA Film and Huace Media have joined in Series A, $260 million funding of Taobao Mobile, a Hangzhou-based online movie ticketing platform.
Matrix Partners and Nexus Ventures have put $16 million in Series C funding into existing portfolio company Stayzilla, a Chennai-based online booking platform for accommodations.
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Silicon Dragon News at Forbes
In a counter-twist to the traditional path of China tech startup to a New York IPO, Papaya Mobile, once the darling of top venture investors, began trading on the Beijing-based NEEQ Index for small and medium-sized businesses and raised $40 million.
To engineer the listing on China's new third board, Papaya Mobile had to raise debt financing to buy out shares held by its overseas venture backers, DCM and Keytone Ventures, which together had put $22 million in the mobile technology startup founded in 2008. Papaya Mobile also had to be restructured as a Chinese company, rather than a foreign offshore holding. The process took eight months.
Read Forbes, Papaya IPO
VIDEO
Jean Liu, president of China's Didi, talks about how she sees collaborations with Apple in their future.
Jixun Foo, managing partner of GGV Capital, points to Apple's interest in Didi and Baidu's investment in Uber as examples of increased co-operation between the two nations. See CNBC video.
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| Featured Article |   | |
Just some of the fellow contributing authors to
(Palgrave Macmillan, 2016)
Valeriana Chikoti-Bandua, United Nations Mark Dutz, World Bank Group Sukriti Jain, Cornell University Vijay Govandarajan, Dartmouth College Norean R. Sharpe, Georgetown University Christopher M. Schroeder, Venture Investor Tony Siesfeld, Monitor Deloitte Françoise Simon, Columbia University
Rebecca Fannin, Silicon Dragon
Editors: Jerry Haar, Florida International University Ricardo Ernst, Georgetown University
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Join The
Silicon Dragon Circle
Silicon Dragon's Rebecca Fannin with Kai-Fu Lee
of Innovation Works at the recent
IFC VC summit in Napa.
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