
Sinovation Ventures
Description
Sinovation Ventures is a prominent full-service venture capital firm headquartered in Beijing, China, with a strong focus on the country's rapidly evolving technology market. Founded in 2009 by Dr. Kai-Fu Lee, a renowned figure in the AI and technology sectors, the firm has established itself as a key player in fostering innovation and entrepreneurship in China. Sinovation Ventures primarily targets early-stage companies, spanning from seed to Series B rounds, with a strategic emphasis on emerging technologies such as artificial intelligence, big data, robotics, education technology, and enterprise services.
Beyond providing capital, Sinovation Ventures distinguishes itself through its "full-service" investment model. This approach involves offering comprehensive support to its portfolio companies, including strategic guidance, operational assistance, talent acquisition, and market expansion expertise. The firm leverages Dr. Lee's extensive network and deep industry insights to help startups navigate the complexities of the Chinese market and scale rapidly. Their investment philosophy is rooted in identifying visionary entrepreneurs and providing them with the necessary resources to transform innovative ideas into successful ventures.
Over its operational history, Sinovation Ventures has built an impressive portfolio, having invested in over 400 companies. The firm manages a substantial amount of capital, with its assets under management (AUM) reportedly exceeding $2.5 billion across various funds. This significant financial backing allows Sinovation Ventures to make impactful investments and support its companies through multiple funding rounds. Their strategic investments have contributed to the growth of numerous successful tech companies in China, solidifying their reputation as a leading venture capital firm dedicated to advancing the technological landscape.
Investor Profile
Sinovation Ventures has backed more than 109 startups, with 11 new investments in the last 12 months alone. The firm has led 31 rounds, about 28% of its total and boasts 42 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in China, United States, Singapore.
- Strong thematic focus on Software, Artificial Intelligence (AI), Education.
- Led 3 rounds in the past year.
- Typical check size: $1M – $10M.
Stage Focus
- Seed (33%)
- Series A (23%)
- Series B (21%)
- Series C (10%)
- Angel (5%)
- Series D (4%)
- Series Unknown (2%)
- Series E (1%)
- Debt Financing (1%)
- Pre Seed (1%)
Country Focus
- China (50%)
- United States (39%)
- Singapore (3%)
- Ireland (3%)
- Hong Kong (2%)
- France (1%)
- Canada (1%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Education
- Internet
- Apps
- Health Care
- Robotics
- Hardware
- Mobile
- Machine Learning
Frequently Asked Questions
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