Innovation Works

  • HTML5 Games Developer Leiyoo Raises Funding From Innovation Works, WI Harper Group

    HTML5 Games Developer Leiyoo Raises Funding From Innovation Works, WI Harper Group

    Leiyoo, a Chinese developer of HTML5 mobile and browser-based games, has raised an undisclosed amount of capital in a Series A funding round led by VC firm WI Harper Group and joined by the recently established Innovation Works Development Fund. Leiyoo, which is headquartered in the Chaoyang district in Beijing, says it owns ‘key patents’ in HTML5 development, specializing in… Read More

  • Impressive List Of U.S. Investors Drops $180 Million Into Chinese Startup Incubator

    Impressive List Of U.S. Investors Drops $180 Million Into Chinese Startup Incubator

    Kai-Fu Lee has a fairly unique perspective on the tech industry, having spent years in high roles at Apple, Microsoft, and Google. Lee spent six years as VP of Apple’s Interactive Media Group, before moving on to be chosen as the guy to forge first Microsoft’s and then Google’s inroads into China. Then, in mid-2009, Lee left Google (where the former professor and computer… Read More

  • DISRUPT Comes to Beijing This Fall. Buy Your Tickets Now!

    DISRUPT Comes to Beijing This Fall. Buy Your Tickets Now!

    We’ve teased you with this news over and over again, but today it becomes official: TechCrunch is coming to China. In late-October we are hosting our first international Disrupt conference ever, and the obvious location was Beijing, the hub of China’s surging entrepreneurial ecosystem. And we’re not stopping there. Read More

  • Is Google’s Mobile Loss in China Kai-fu Lee’s Gain?

    Is Google’s Mobile Loss in China Kai-fu Lee’s Gain?

    Former head of Google China, Kai-fu Lee, insists—insists—that he is not happy that Google imploded its business in China. “Seeing the work that I put in, how could I be happy to see that?” he says. In fact, in a press release all about his incubator’s companies being built on top of Android he doesn’t use the G-word once. “Given the pull out… Read More

  • What Has Kai-fu Lee Done Since October?

    I visited Kai-fu Lee’s Innovation Works while I was in Beijing last week to see how things are going. When I last visited the ex-Google China CEO’s incubator, it was little more than empty, expensive office space. (Next to Google…prime poaching?) Now, the offices are teeming with more than 100 people, most of whom are clustered in a nine very early-stage startups. Most of them… Read More