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New World Development

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 6
Average round size
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The average size of a deal this fund participated in
$11M
Portfolio companies 6
Rounds per year 0.11
Lead investments 1
Key employees Soon

Areas of investment

  • Software
  • Artificial Intelligence
  • Information Technology
  • Sensor
  • Wireless
Summary

New World Development appeared to be the Corporate Investor, which was created in 1970. The leading representative office of defined Corporate Investor is situated in the Central. The fund was located in Asia if to be more exact in Hong Kong.

The usual things for fund are deals in the range of 5 - 10 millions dollars. The high activity for fund was in 2015. The fund is constantly included in less than 2 deals per year.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the New World Development, startups are often financed by Microsoft Accelerator Beijing, Microsoft Accelerator, Foxconn Technology Group. The meaningful sponsors for the fund in investment in the same round are NGP Capital, Mandra Capital, Huaruixin. In the next rounds fund is usually obtained by Robert Bosch Venture Capital, Tsing Capital, Sumitomo Corporation.

For fund there is no match between the location of its establishment and the land of its numerous investments - United States. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most popular portfolio startups of the fund, we may highlight Sensoro. Among the most popular fund investment industries, there are Asset Management, Health Care.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of New World Development:
Typical Co-investors
New World Development is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after New World Development:

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Pantheon Lab

Marketing
Software
Virtual Reality
21 Mar 2023 Hong Kong, Hong Kong, China

BasicFinder

Information Technology
Software
27 Aug 2021 Dongcheng District, Beijing, China

AiMall

Artificial Intelligence
Brand Marketing
01 Aug 2021 Futian District, Guangdong Province, China

OpenSpace

Artificial Intelligence
Construction
Information Technology
Machine Learning
Software
$55M28 Apr 2021 San Francisco, California, United States

OO Eye Instrument

Health Care
$2M25 Sep 2019 Beijing

Sensoro

Asset Management
Internet
Internet of Things
Mobile
Sensor
Smart Building
Smart Cities
Wireless
$10M30 Nov 2015 Seattle, Washington, United States
News
OpenSpace Announces Series C Funding to Expand Automated Construction Progress Tracking and Accelerate International Expansion

– OpenSpace, the global leader in 360° construction photo documentation and analysis, recently announced a $55M Series C funding round, led by Alkeon Capital Management.
– The funding comes at an exciting time for the company, which also announced recently that it’s expanding access to the ClearSight Progress Tracking platform to its full customer base.
– Additional participants in the round include PSP Partners, GreenPoint Partners and New World Development, as well as returning investors Lux Capital, Menlo Ventures, JLL Spark, Navitas Capital and Zigg Capital.
– Over the past year, accelerated global adoption of digitization and remote work has fueled growth for OpenSpace, which has seen revenue triple, customer count increase by more than 150%, and customer site captures increase by more than 300% during that time.

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Total investments 6
Average round size 11M
Rounds per year 0.11
Peak activity year 2021
Lead investments 1
Group Appearance index 0.83

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Pantheon Lab

Marketing
Software
Virtual Reality
21 Mar 2023 Hong Kong, Hong Kong, China

BasicFinder

Information Technology
Software
27 Aug 2021 Dongcheng District, Beijing, China

AiMall

Artificial Intelligence
Brand Marketing
01 Aug 2021 Futian District, Guangdong Province, China

OpenSpace

Artificial Intelligence
Construction
Information Technology
Machine Learning
Software
$55M28 Apr 2021 San Francisco, California, United States

OO Eye Instrument

Health Care
$2M25 Sep 2019 Beijing

Sensoro

Asset Management
Internet
Internet of Things
Mobile
Sensor
Smart Building
Smart Cities
Wireless
$10M30 Nov 2015 Seattle, Washington, United States
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