Alfred Lin of Sequoia Capital scored tops in annual ranking of top 100 VCs globally.

China grabbed 20 spots.

San Francisco Bay Area weighed in with 53.

1 India VC placed.

12 Women Made the Rankings.

Observation: the VC world is become more global and diversified. US leadership is concentrated in the coastal hubs.

Top 12 China VCs and notable deals:

Neil Shen, Sequoia China / ByteDance

Richard Liu, 5Y Capital / Xiaomi

Zhen Zhang, Gaorong Capital /alPinduoduo

JP Gan, INCE Capital / BiliBili

Anna Fang, ZhenFund /Yatsen

Yi Cao, Source Code Capital / ByteDance

Jenny Lee, GGV Capital / Kingsoft WPS

Jing Hong, Gaocheng Capital / Youzan

Steven Ji, Sequoia China / Ele.me

Tuck Lye Koh, Shunwei Capital / Xiaomi

James Mi, Lightspeed China Partners / Pinduoduo

Jixun Foo, GGV Capital / Xpeng

For more background on these stars and their deals, read my latest book:

Tech Titans of China.

Singapore-based superapp Grab is going pubic in the US through a SPAC, eliciting such comments as: "Another super-strong and intelligent founder (Anthony Tan) side-steps the systematically broken IPO process."

Grab getting approximately US$4.5 billion in cash proceeds, plenty to fend off rival GoJek.

Investors in Grab: SoftBank, Didi, Microsoft, Mitsubishi, Toyota and Uber. 

Carmen Chang at VC firm NEA scores a big win with IPO of Chinese software company Tuya at a $13B + market cap. NEA owns about 22%, netting the firm a $3B + return, marking the second largest return for NEA.

Autonomous truckmaker TuSimple raises $1.35 billion in its IPO. Draws scrutiny for its lead investment by Sun Dream, an affiliate of of China's Twitter-like Sina Weibo.

Pittsburgh-based Magarac Ventures, a spin-out from 3 partners at Draper Triangle plus angel investor Will Allen, is raising a $150M fund to chase regional tech deals. Look for 1st close soon.

Japan's TDK Ventures closes $150 million fund for early stage investing.

India's Razorpay Raises $160M led by Sequoia Capital and GIC; Triples its Valuation to $3B in 6 Months

Softbank Vision Fund leads $300M round for Meesho, India social e-commerce startup

Qiming injects $30M Series B for China crypto startup, imToken

Lightspeed China backs AI startup Juefx

Self-driving truck startup Plus raises add-on $220M, led by FountainVest Partners and ClearVue Partners.

Aussie design software firm Canva sees valuation double to $15B with $71M inked by T. Rowe Price and Dragoneer. 

Drive Capital leads $15M round in data infrastructure startups Meroxa,

TikTok founder Zhang Yiming enters world's richest people club with $60B+ net worth.

VC Wei Jiang,

CatchLight Capital

Silicon Valley

April 28, 4pm PT

Ask VC Wei!

VC Sandeep Murthy

Lightbox, Mumbai

May 12, 8am PT

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Candice Brackeen,

General Partner

Lightship Capital

Minority Investor with $50 fund for under-estimated founders and emerging tech hubs.

April 14, 2021 replay

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