Fund focus: InnoSpring builds cross-border bridges
San Francisco's Artisan State faced the classic start-up dilemma: a great idea with no way to make it happen. The firm knew there was demand for professional-quality photo books at affordable prices, but it didn’t have the facilities to produce them. Outsourcing to China was an option, but Artisan State had no contacts there.
Silicon-Valley based technology incubator InnoSpring stepped in with a seed investment out of its first China-US fund and desperately-needed China expertise. Now, with a fresh $5 million for its second...
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