Sequoia Capital has hired Piyush Gupta, the former head of technology, media and telecom (TMT) investment banking at Deutsche Bank, as a managing director in its India unit.
Gupta will head the VC firm’s strategic development team, AVCJ has learned. The team aims to create opportunities for Sequoia’s portfolio companies including business collaboration with outside firms,...
The government of Shenzhen, China has launched a VC fund with an initial corpus of RMB500 million ($79 million) to invest in blockchain start-ups in the city.
Sequoia Capital China and Serica Partners have co-led an $11 million Series A round for US-based molecular diagnostics start-up NuProbe.
Shenzhen Capital has joined a $30 million Series C round for US-based 3D printing company Formlabs that will support an expansion effort in China and Asia.