WestSummit Capital
Top Chinese semiconductor investor released from detention
Datong Chen, co-founder of WestSummit Capital and one of China's foremost semiconductor investors, has been released by local authorities after eight months of detention.
China semiconductor: Casualties of war
Private equity investment in China’s semiconductor industry continues unabated despite intensifying US regulatory action. While start-ups are not explicitly targeted, many are feeling the heat
Profile: WestSummit Capital’s Raymond Yang
Raymond Yang’s rich entrepreneurial experience in China and the US led to the formation of WestSummit Capital. He continues to draw on this knowledge as technology ecosystems evolve
Tiger Global, Coatue lead Series B for Singapore's AI Rudder
Tiger Global Management and Coatue Management have led a USD 50m Series B round for Singapore-based voice artificial intelligence start-up AI Rudder.
Everest leads $24m round for China's Cloudwise
Chinese enterprise digital solutions provider Cloudwise has raised $24 million in an extended Series D round led by Everest Venture Capital. Sequoia Capital China, WestSummit Capital, ASG and Koala Fund also participated.
China's CIC sets up $184m cross-border tech fund with Ireland
China Investment Corporation (CIC) has teamed up with state-controlled Ireland Strategic Investment Fund (ISIF) to launch a EUR150 million ($184 million) cross-border technology fund.
Chinese investors in $181m round for US-based Unity
Unity Technologies, a US-based video game engine maker, has closed a $181 million Series C round of funding led by DFJ Growth, with participation from China Investment Corporation (CIC) and Chinese early-stage investor FreeS Fund.
AVCJ Awards 2015: Deal of the Year - Early Stage Technology: Ninebot
China-based electric scooter manufacturer Ninebot made an aggressive move into the US with the purchase of Segway. VCs were happy to support the deal
VCs say more is to come from the tech boom - AVCJ Forum
The technology boom has seen a large amount of capital enter start-ups in the online-to-offline (O2O) and mobile consumer spaces, and VC investors think there are still plenty of innovative start-ups worth backing.
China robotics: Rise of the machines
China’s robotics start-ups are riding a wave of innovation and exploring many previously unexpected paths. As the scope of applications broadens, they need to keep up the pace
Deal focus: Ninebot’s innovation keeps it rolling
China's legendary traffic jams are a source of frustration to countless tourists and locals, not to mention a major cause of pollution. With studies putting the average speed of traffic in Beijing at 7.5 miles per hour, there is a clear opportunity for...
China’s Ninebot raises $80m, acquires Segway
Ninebot, a China-based electric scooter manufacturer, has bought its US-based rival Segway for an undisclosed sum and raised $80 million in Series A funding.
VCs worried but enthused by frothy China tech sector - AVCJ Forum
The flood of capital entering China’s technology space is a concern for VC investors, but they remain firm believers in the emerging generation of mobile-enabled consumers that is driving interest in the sector.
Chinese VC-backed semiconductor specialist files for US IPO
VeriSilicon Holdings, a China-based semiconductor design services provider backed by several VC investors, has filed for a US IPO.
WestSummit, SAIF in $15.2m round for social analytics firm
WestSummit Capital and SAIF Partners have invested $15.2 million in NetBase, a US-based company that tracks social media.
VC firms back Irish start-ups in China
Led by the likes of Google, Facebook and LinkedIn, US tech companies have flocked to Ireland due to its EU access and business friendly policies, creating around 140,000 local jobs in the process. This has fostered spin-outs and serial entrepreneurs across...
China's WestSummit raises $325m across two tech funds
Beijing-based growth capital firm WestSummit Capital has raised $325 million across two funds, comprising $225 million for West Summit’s Fund II and $100 million for its China Ireland Technology Growth Capital Fund.
WestSummit backs China's Union Optech
China-based technology investor WestSummit Capital has led a funding round for Chinese optical lens provider Union Optech.
WestSummit Capital adds two partners
WestSummit Capital, a Chinese technology-focused growth capital firm, has added David Lam as managing director and promoted Elise Huang to partner, taking the firm’s number of partners to six.