SILICON DRAGON NEWS
SiliconDragonventures.com                                       October 16, 2017         
FEATURED EVENT 
Silicon Dragon
Awards 2017
Hong Kong
Nov. 16


  
* Asia VC Panel
* Founder Pitches
* Awards for Top 
Founders, Deals, Investors
 
featuring VCs
  Keytone Ventures
500 Startups
Fresco Capital
Click Ventures
Gobi Partners
Vickers Venture

Hong Kong's
New Unicorns
GoGoVan
SenseTime Group
 
New Business Models
GoBee Bike

Pitches & VCs
  
     
APPLY TO PITCH

............

Thanks to Our
Sponsors
 
MoFo  
  KPMG

 

SPEAKING 
GIGS
 
 Cyberport Venture
Capital Forum
Hong Kong
 

Pre-Money Investor
Conference
San Francisco

December 5

 

IBA 2017
Investing In Asia
New York City

December 7-8  

 

 

Join The

Silicon Dragon
CIRCLE
Gary Rieschel 
    *  VIP Invites      
   * Event  Tickets  
 * Networking      Introductions

  Toby Sun bike-sharing battle
The bike-sharing model that has been popularized in China is launching in the U.S. Get ready for a battle between Silicon Valley's LimeBike with $62 million and China's Ofo and Mobike, backed with $1 blllion-plus from Alibaba and Tencent.
Read CNBC: Smart Bike Race

8 Reasons Why The US-China Bike-Sharing Race Is Shaping Up To Be A Trend-Setter
Read Forbes: 8-leg Race
 
NOTEWORTHY
Amazon, Take Note! How China's E-commerce Kings Will Create Totally New Ways of Shopping 
ForbesChina's New Retail

DEALS
China's online vacation rental startup Tujia raises $300 million to battle with rival Airbnb. The funding was led by Ctrip, China's largest travel site, and Hong Kong's All-Star Investments.     
 
  Lalamove Hong Kong-based Lalamove raised $100 million in a Series C round of funding from Chinese VC firm Shunwei Capital. It's on track to becoming Hong Kong's next unicorn.  
 
Autonomous driving startup Momenta in China in a series B round led by a fund from Cathay Capital Private Equity.  

Boostinsider founder
Founder Heidi Yu
Boostinsider has raised $1.8 million in Series A financing now totaling $3.3 million for its AI-powered influencer platform that includes new products SocialSaaS and SocialBook, which leverage AI and machine learning to suggest the best influencers for marketers.    

FUNDS
 Venture firm IVP raises its biggest venture fund, at $1.5 billion - a sign of these tech-frenzy times. Fund-of-funds Peakview Capital is an investor.  
 
Vickers Ventures Partners closes 5th fund at $230 mllion, its largest so far. The firm is led by Finian Tan, an extra-early investor in Baidu.  

The Hong Kong government has allocated $256 million for its Innovation and Technology Venture Fund to foster VC investment and boost the startup ecosystem in Hong Kong, which grew 24% in 2016, with fintech, healthtech, IoT and smart city technologies leading.   VCs interested in becoming an investment partner with ITVF  can apply up until January 15, 2018. The selection process for VC firms, both in Hong Kong and overseas, will be handled by an independent committee of business execs, investors and academics.

  INDIA / SOUTHEAST ASIA
Logistics startup Deliveree in Indonesia raises $14.5 million in first round led by Gobi Partners.  

IPOs
Chinese peer-to-peer lending firm  PPDai plans $350 million  IPO in New York. Its investors include Sequoia Capital, Lightspeed China Partners and Legend Capital.  

VIEWPOINT
Sinovation Ventures' Kai-Fu Lee reels off the advantages that China has in AI: the sheer number of people, data, talent.     FT

SELECT VIDEO
Silicon Dragon SF 2017:
Cryptocurrencies and China Ban


Panelists discuss the impact of the China ban: 
Gabriel Chan, Hong Kong Blockchain Society;
Shuonan Chen, Agile VC; Chance Du, Coefficient Ventures;
Patrick Dai, Qtum with moderator Eric Savitz of
Brunswick Group.

  
More SF 2017 Event Photos and Videos Here