A look at one of China’s largest angel investors, with a penchant for artificial intelligence.
Anna Fang, Founding Partner and CEO of ZhenFund, speaking on the Startup University stage during day three of RISE in Hong Kong, July 13, 2017. Credit: Stephen McCarthy/RISE/Sportsfile via Flickr
Chinese venture capital firms have mostly shied away from high-value deals this year amid waning confidence in the country’s economy. Total deal value is on track to plunge by 30 percent year-on-year, a recent report from PitchBook suggests.
One firm bucking this trend is ZhenFund, a Beijing-based angel investor which has helped several big names in the high-tech space get their start. Notable companies which have received funding from ZhenFund include autonomous aerial vehicle manufacturer
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On Wednesday Xi Jinping presided over a Beijing military parade celebrating the 80th anniversary of Japan’s World War II defeat. Eighty-eight years ago his mother, Qi Xin, watched Japanese troops march into the city, at the outset of a conflict that would define her formative years and instill lessons she would later pass on to her son.
In an extract from his new book, Breakneck, Dan Wang hops on his bike to explore how China’s problems throw America’s into stark relief. How is it, he asks while biking through Guizhou, that China’s...
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