The Tech Triangle is emerging with China at the forefront of this trend, funding dozens of tech startups and venture funds in both the U.S. and Israel as it seeks to get an innovative edge. No wonder Silicon Dragon is in Israel this February. Check out how China is scouting for deals in Israel, and doing more and more, just like it did in China. 

Check out the Tech Triangle at Silicon Dragon in Forbes. 
   

Three of the three newly minted unicorns in January 2017 came from China. The two China unicorns were Q&A site  Zhihu and office space company URwork. Zhihu's investor list extends to Tencent, Sogou, SAIF Partners, Qiming Venture Partners, and Capital Today. URWork, a copycat of WeWork, drew investment from Sequoia Capital China and ZhenFund. Sinovation Ventures was in both deals. 



China's popular news app Toutiao has snapped up U.S.-based video sharing site Flipagram. Toutiao was backed by Sequoia Capital China, Weibo and SIG China. 

The godfather of venture capital, former NEA leader  Dick Kramlich, is back in the game. He's raised Green Bay Ventures, a new fund of $130 million with venture capitalist Anthony Schiller. 

Legend Capital, the venture and growth capital arm of China's Legend Holdings, has raised $243 million its latest fund, its seventh.

Connie Chan of Andreessen Horowitz points out that the mobile phone has become the remote control of Chinese consumers. She delves into the use of QR codes, livestreaming and stickers as examples of new forms of social media communication. View the video here at Connie's blog.

INDIA

Business-to-business marketplace  Wydr has raised a second round of Series A funding from VC firms 

Bessemer, 

Jungle

and

Stellaris .

 Google's CapitalG, Alphabet and previous investor Sequoia Capital India have led a $15 million investment in Cuemath, a promising Indian startup in the education technology space. 

Read More Silicon Dragon News here.