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In Search of the Next Tech Titan
Hear from the VCs, Angels & Founders who are sizing up to Silicon Valley and China
"the most complete chronicle of China's meteoric rise in
the past decade."
Book Talks & Speaking Gigs
Andrew Zhang, ICB
Amir Gal-Or, Infinity Group
Ephraim Schmeidler, Greenberg Traurig
3 Tals: Tal Gal-on, Tal Givoly,
Los Angeles: March 19
Is Three A Crowd?
The Israel-US-China Conundrum
As the U.S. and China undergo a separation in the current tech cold war, Israel and China are growing closer together. The complexities of these new relationships were discussed at a session I led at the mega OurCrowd Summit in Jerusalem this past week.
To sum it up, Israel and China are getting along fine, in a workable marriage combining capital from China and deep tech knowhow from Israel. Meanwhile, strong cultural ties between the U.S. and Israel keep that relationship alive. But politics is forcing the long collaboration between Silicon Valley and Beijing to break apart. It's complicated, right?
For sure, Chinese tech titans and corporate venture investors are looking to Israel for the next, new thing when they used to mainly explore the Valley. Given the current tensions, it's likely that China and Israel will become more engaged. Already, Infinity Group's several new Innonation Centers in Tel Aviv and in China (but not California) underscore this shift to a new world order in innovation and investment.
Panelists: Lukasz Dwulit, Head of Global Expansion, Israel and Eastern Europe, Alibaba; Porter Erisman, Author, Alibaba's World & Producer, Crocodile in the Yangtze, Amir Gal-Or, Founder and Managing Partner, Infinity Group; with moderator Rebecca Fannin of Silicon Dragon and opener by Simon Weintraub, Partner, Yigal Arnon & Co.
Clover Bags has bagged $5.5 million from
Omnivore, Accel Partners and
Shanghai-based online life insuretech player Huize Holding, backed by SAIF Partners, has raised about $55 million in a U.S. IPO on Nasdaq.
Kinzon Capital, an early stage technology venture investor in China, closed on a fund that was recapitalized from RMB into dollars, and included follow-on capital for new investments.
In a smart, strategic move, Sequoia Capital China has taken its investor and startup matchmaking event online in China for the first time. Wonder if this will stick for future events once the coronavirus (hopefully) dies down.
Alibaba turned in strong results for its most recent quarter ending December but has warned that the coronavirus will have a major impact on the Chinese economy and will hurt its revenue growth. One major problem: workers can't get to their production jobs.
Leading Chinese AI firms Baidu and Megvii have deployed fever detection systems along with surveillance in Beijing rail stations to fight the spread of the Covid-19 cases, reports SCMP.
The US-China Business Council, the National Committee on US-China Relations and the George H. W. Bush Foundation for US-China Relations have organized a shipment to China containing much needed medical supplies, including 2 million masks. YChina with Infinity Group's Innonation and the Israel Chamber of Commerce in China have sent tens of thousands of masks to China and are raising money to send more.
Chinese startup Manbang, sometimes dubbed the "Uber of trucks," is putting
CEO Masayoshi Son's international vision to the test after the damage to his reputation from WeWork's collapse and struggles at Indian hospitality chain
Oyo, from over-expansion into China. Via The Information.
Parasite won the Academy Award for Best Picture, South Korea's
CJ Entertainment and Merchandising, the studio behind Parasite, sealed a deal with
RedBird Capital Partners to invest $275 million in top Hollywood film company
A new China AI Report released by the
South China Morning Post
contains in-depth case studies of Chinese AI leaders such as
, and dives into the country's progress and ambitious goals to disrupt industries and dominate AI globally by 2030.
See what the report covers