XVC
Fund focus: XVC stresses its idiosyncrasies
The China VC firm cuts against the grain, eschewing investment committee meetings and embracing consumer deals while others shun them. It works from a fundraising perspective
Deal focus: Investors flock to SaaS specialist Ones
China’s Ones aspires to become Atlassian rather than Slack, catering to software developers working on complicated projects. Effective localization is partly responsible for a surge in VC investment
Big platform creation in China coming to an end – AVCJ Forum
Opportunities to build Chinese platforms that can outperform segment leaders such as video-sharing apps Kuaishou and Douyin may not exist in the coming years, the AVCJ Forum heard.
Deal focus: Yidui delivers love by video
Sky9 Capital and Xiaomi have thrown their support behind a Chinese video-dating platform designed for Generation Z, complete with virtual meeting rooms, live audiences, and mechanisms for crashing other people's dates
China's XVC raises $330m for Fund II
XVC, a Chinese early-stage investment firm established by Boyu Hu, formerly of DCM Ventures and Blue Lake Capital, has closed its second US dollar-denominated fund with around $330 million in commitments.