Sinovation Ventures

Summary

Sinovation Ventures appeared to be the VC, which was created in 2009. The main office of represented VC is situated in the Beijing. The fund was located in Asia if to be more exact in China.

The higher amount of exits for fund were in 2018. The fund is constantly included in 13-24 deals per year. Speaking about the real fund results, this VC is 4 percentage points less often commits exit comparing to other organizations. When the investment is from Sinovation Ventures the average startup value is more than 1 billion dollars. Opposing the other organizations, this Sinovation Ventures works on 21 percentage points less the average amount of lead investments. The common things for fund are deals in the range of 10 - 50 millions dollars. The important activity for fund was in 2014. Despite it in 2019 the fund had an activity.

The current fund was established by Hua Wang, Kai-Fu Lee. We also calculated 20 valuable employees in our database.

Among the most popular fund investment industries, there are Education, Machine Learning. For fund there is a match between the country of its foundation and the country of its the most frequent investments - China. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. Among the various public portfolio startups of the fund, we may underline Bitmain Technologies, Meitu, Vipkid The fund has no exact preference in a number of founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Sinovation Ventures, startups are often financed by Tencent Holdings, Sequoia Capital China, Qiming Venture Partners. The meaningful sponsors for the fund in investment in the same round are Y Combinator, Northern Light Venture Capital, IDG Capital. In the next rounds fund is usually obtained by Northern Light Venture Capital, Innohub Capital, TCL Capital.