Early bird ticket ends Thursday, June 28
Innovators,
Investors,
Content Creators,
Dealmakers
+
LA Special
Transit Innovations
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China Angle
An LA Lean-In
Guru in China
Check out the
Silicon Dragon
LA 2018:
4th annual forum
Pasadena Convention
Center
Thanks to our sponsors
East West Bank
Nixon Peabody
KPMG
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On The Circuit
Summit, Thailand
Panelists in Bangkok: Regional Innovators
Ajey Gore, Go-Jek
Grace
Xia,
Jungle Ventures
Ariya Banomyong,
Line Thailand
Arakin Rakchittapoke,
Read
Forbes:
Thailand
June 22-23
Bangkok
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Silicon Dragon News
Follow
@silicondragon
@rfannin
Jon Medved, Rock Plaza
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- Networking Intros
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2 Founders Win Silicon Dragon's
Pitch Contest In NY, Head for Beijing
China's bid for top entrepreneurial talent: Two winning founders in NY move up to global finals in Beijing this August, in Silicon Dragon annual pitch contest orchestrated with the Overseas Talent Entrepreneurial Conference (OTEC).
Making the selections was tough for our judges: Brian Cohen of NY Angels, Jim Robinson of RRE Ventures and Hans Tung and Robin Li of GGV Capital.
Read more at Forbes:
Best Pitches
Winners were Shuo Zhang, Mira Financial
Gabriel Pendleton, AudioStaq
Above: Sean O'Sullivan, Jim Robinson, Brian Cohen, Hans Tung, Dorinda Elliott, Roseann Lake, Mason Du, Nan Zhou
More coverage of Silicon Dragon NY 2018 next week, including panels on blockchain innovators and China tech brands
Xiaomi
and
DJI
.
DEALS
China's
VIPKid
, a marketplace for English tutors, raised $500 million in Series D round led by
Coatue Management, Tencent, Sequoia Capital China
and
Jack Ma
's
Yunfeng Capital,
the largest venture deal in the education sector.
Sequoia Capital China has led a $20 million, second round in Chinese math education platform
Huohua Street.
China Walden Ventures joins $29 million funding of
Bossa Nova, a robot used by
Wal-Mart to scan supermarket shelves for retail data.
Sequoia Capital China and Singapore sovereign wealth fund
GIC have invested $40 million in Korean fintech startup
Viva Republica.
Tencent-backed Meituan-Dianping, the world's 4th most valuable tech unicorn, has filed for a Hong Kong IPO looking to raise $4 billion. The Groupon-plus like startup had losses of $2.9 billion last year and revenue growth of more than double.
China smart hardware maker
Xiaomi also choose Hong Kong after HKSE regulatory changes made it easier to list.
Xiaomi is going for a $6.1 billion IPO.
Ebang
International, one of
China
's biggest
bitcoin
mining machine manufacturers, filed for a
HK
IPO, following steps of
Canaan
Creative's HK filing in May. Rival Bitmain Technologies is also planning an IPO.
FUNDS
VC firm Matrix Partners has raised $750 million for its fifth China=focused fund. The firm is led by Bo Shao, the entrepreneur who sold his Chinese startup Eachnet to eBay some 15 years ago, only to see it beaten by Taobao.
Carlyle Asia Partners V has closed at $6.55 billion exceeding its target of $5 billion, making for a lot of capital focused on buyouts and strategic investments across sectors in the region.
Sequoia Capital is in the market to raise six funds totaling $4.35 billion, including three China-focused funds, two US focused funds and one India fund.
INDIA Fintech startup Drip Capital has raised $15 million from Accel Partners and Sequoia Capital India.
FEATURED VIDEO
Silicon Dragon's
Rebecca Fannin
chatted with VC Hans Tung of GGV Capital at SD's NYC forum, June 18.
NOTEWORTHY
Cainiao smart lockers from
Alibaba make for safer and easier package deliveries through facial recognition technology in China. No more theft at your doorstep.
This is how you lose a major tech company (Micron). First, a Beijing-backed buyout offer. Then friendly Chinese partnership proposals. Then the tech gets stolen. Then when you file a complaint in court, you get hit with investigations in China, your biggest market.
NYTimes
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