
500 Startups appoints Edith Yeung as Greater China partner
Silicon Valley-based early-stage investor 500 Startups has appointed Edith Yeung as Greater China partner, replacing Rui Ma who left the firm last year to launch her own fund.
Yeung previously was general partner for 500 Startups’ Mobile Collective Micro Fund, which focuses on mobile, virtual reality (VR), augmented reality (AR), internet of things, and consumer internet investments. She will relocate to China from San Francisco for her new position, targeting education, healthcare, entertainment and artificial intelligence (AI) start-ups that want to expand overseas, she told local media.
Prior to joining 500 Startups, Yeung was vice president of marketing and business development for Dolphin Browser, a Sequoia Capital-backed mobile browser business that was acquired by a Chinese gaming company in 2014. She also founded RightVentures, a seed-stage firm focusing on mobile and consumer internet start-ups.
Ma left 500 Startups in December and set up her own fund-of-funds to invest in US GPs specializing in angel and seed-stage rounds. She will also help US portfolio companies establish local partnerships with Chinese counterparts should they wish to expand into China.
Founded in 2010, 500 Startups is a seed fund and global accelerator program based in the US and with presence in more than 50 countries.
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