China Venture Capital

Acacia Venture Capital Partners, a VC firm based in Shanghai and a consortium has acquired stake in PideDirecto, a Mexican ride delivery startup for $5.3 million.

Founded in 2020, PideDirecto is a digital ordering and delivery platform that enables any business to offer a branded on-demand delivery service to their own clients. (Founded in 2020, Acacia Venture Capital Partners is a venture capital company based in Shanghai that specializes in seed, start-up, and early-stage investments with Edmond Hui as their founder)

Acacia Venture Capital Partners is listed in the Chinese Private Equity and Venture Capital Directory with the code PJ28.

What we like about the deal:
Acacia is established in 2020, but has managed to invest in a great portfolio of startups and companies all over the world. Well done team Acacia!

Chinese investors of Northern Light Venture Capital led investment of $7 million in BSPK, a California-based digital platform for global luxury brands.

Northern Light Venture Capital (NLVC) founded in 2005 and is a venture capital partnership which focuses on investment in technology, media, telecom and healthcare. NLVC manages approximately $ 4.5 billion. Their funds have attracted institutional investors from United States, Europe and Asia. (BSPK is a Menlo Park based digital platform for luxury brands founded in 2018. The company operates in the U.S. and Europe).

To see listing and email addresses of investors from China similar to NLVC, check the Chinese Investors Directory.

Yunqi Partners, an investment company based in China, invests $5.4 million in Jina AI, an open source neural search startup software company based in Germny.

Jina AI, is an open source neural search startup based in Berlin. The company provides cloud native neural search powered by AI and deep learning. Jina on Github enables users to create a cloud native search solution powered by deep learning in just minutes.

(Yunqi Partners founded in 2014 in Shanghai and is an early stage VC fund focusing on internet related startups. The company focuses on early and mid-term investment opportunities in the fields of Enterprise Internet and IoT. Its portfolios feature almost 100 startups)

To see listing and email addresses of investors from China similar to Yunqi Partners, check the Chinese Investors Directory.

Chinese Linear Venture and a consortium has invested $8.2 million in Singapore-based Igloo insurance-tech firm .

Igloo is an insurtech firm with a mission to make insurance accessible through creating digital insurance products in personal insurance, lifestyle insurance and social insurance. (Linear Venture provides early-stage investments across the world and is founded by former JD and Tmall's executive Michael Zhang and Facebook's founding employee Harry Wang. It has invested in more than 50 firms so far.)

To see a listing and email addresses of investors from China similar to Linear Venture, check the Chinese Investors Directory.

Justin Sun, CEO of Chinese firm Tron, has acquired BitTorrent, an early mover in decentralized computing architecture, for $140 million.

BitTorrent is a communication protocol for peer-to-peer file sharing which is used to distribute data and electronic files over the Internet. BitTorrent most recently said it has about 170 million users of its products. (Justin Sun founded Peiwo, an app aspiring to become China's Snapchat. Sun became Davos Global Shaper in 2014 and was the former representative of Bitcoin settlement platform Ripple in China.)

To see a listing and email addresses of investors from China similar to Justin Sun, check the Chinese Investors Directory.

Chinese firm NetDragon has announced acquiring Edmodo, an education technology company based in US-California, for $137 million.

Based in San Mateo, California, Edmodo is an educational tech company offering a communication, collaboration, and coaching platform to K-12 schools and teachers. (Established in 1999, NetDragon is a Chinese company that develops and operates massively multiplayer online games in addition to making mobile applications). More details here.

To see a listing and email addresses of investors from China similar to NetDragon, check the Chinese Investors Directory.

Chinese internet firm Tencent has invested $100 million in New Zealand gaming developer Grinding Gear Games.

Founded in 2006, Grinding Gear Games is a New Zealand video game developer best known for creating the 'Path of Exile' online video game that has around 2 million players signed up. (Founded in 1998, Tencent Holdings is a leading provider of Internet value-added services in China. Tencent Mobility is majority owned by Hong-Kong investors and is the world's largest online games company. Its total revenue in the first quarter of 2018 was $11.7 billion.) More details here.

To see a list of investors from China similar to Tencent Holdings, check the Chinese Investors Directory.

Fosun International, a Chinese international investment company, is investing $5 million in Israeli Fintech Start-up The Floor.

Founded in 2016, The Floor is listed at Tel Aviv Stock Exchange and is a Fintech Innovation Center working with six of the world's largest financial institutions. Their focus is on areas like digital banking, capital markets, big data analytics, blockchain and insur-tech. (Founded in 1992 and headquartered in Shanghai, Fosun International is incorporated in Hong Kong in 2004. Fosun started its business by doing market research and then extended its business into the healthcare industry, real estate and other areas). More details here.

Fosun is listed in the Chinese Investors Directory with the code MA156.