sequoia china

Sequoia splits China and India arms from US mothership to avoid ‘portfolio conflict’ and ‘market confusion’

Sequoia plans to split into three entities — Sequoia Capital in the U.S. and Europe, Peak XV Partners in India and Southeast Asia, and HongShan in China — as the storied venture firm separ

Why a bipartisan embrace of crypto might never touch Bitcoin

Hey everyone, and welcome back to Chain Reaction In our Chain Reaction podcast this week, Anita and I chatted with Sequoia Capital’s Shaun Maguire on why gamers are skeptical of NFTs and where d

Crypto-focused Dragonfly Capital launches $650M third fund

The crypto market is showing no signs of slowing down as funds and investors alike continue to deploy massive amounts of capital into the ecosystem. Today’s evidence of the trend: Dragonfly Capital,

Neptune raises $17.25M to clean ship hulls with robots

Here’s a wild fact I’d never heard: Biofouling on ship hulls increases fuel consumption around 15% on average. The term specifically refers to a build-up of microorganisms and other life. That inc

Sequoia-backed SwooshTransfer raises millions of dollars to automate cross-border payments

China’s export-oriented e-commerce has been flourishing over the last few years as the world demands its electronics, fast fashion, sporting gear and other everyday goods. While the country&#821

China’s EV upstarts are building their own investment powerhouses

The investment game going after automotive startups is getting more competitive in China with not only established venture capital firms joining the fray but also industry veterans. Two mobility-focus

China roundup: Kai-Fu Lee’s first Europe bet, WeRide buys a truck startup

Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Despite the geopolitical he

Laiye, China’s answer to UiPath, closes $50 million Series C+

Robotic process automation has become buzzy in the last few months. New York-based UiPath is on course to launch an initial public offering after gaining an astounding valuation of $35 billion in Febr

How China’s synthetic media startup Surreal nabs funding in 3 months

What if we no longer needed cameras to make videos and can instead generate them through a few lines of coding? Advances in machine learning are turning the idea into a reality. We’ve seen how d

China’s BYD nabs $113M to produce IGBTs, the ‘CPU of electric cars’

BYD Co., the Chinese auto giant backed by Warren Buffett, is rushing to make China self-sufficient in the production of electric vehicles. On Monday, the firm said in a filing it has secured 800 mill

Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million

Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain in Colombia, has raised $8.7 million in a new round of funding, a

Startups Weekly: Chinese investors double down on African startups

In this week's newsletter: China's pivot to Africa, another big scooter funding and a new entry to the unicorn club.

Opera’s Africa fintech startup OPay gains $120M from Chinese investors

Africa-focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors. Located in Lagos and founded by consumer internet company Opera, OPay will use the funds to sc

Sydney’s AirTree Ventures closes $275M fund as Aussie unicorns gather pace

The Australian tech industry has, in the last few years, started to generate a swathe of startups that have broken through internationally. Prior to this current era, Australia’s industry has be

Employee survey startup Culture Amp closes $82M round led by Sequoia China

Each unhappy startup may be unhappy in its own way, but there’s still wisdom in understanding what drives employee satisfaction and dissatisfaction across companies. Culture Amp is just one of t

Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B

Australia-based Airwallex is the latest tech startup to enter the billion-dollar “unicorn” club. The company announced today that it has closed a $100 million Series C round that values it

Bowtie raises $30M to bring the digital insurance model to Hong Kong

The digital revolution has spawned “challenger” banks that operate entirely online, with no High Street presence. That phenomenon has taken off in Europe — particularly the U.K. &#8

Korean lending startup PeopleFund raises $11M led by chat app Kakao’s payment unit

South Korean peer-to-peer lending startup PeopleFund is in the money itself after it raised an $11 million Series B funding round that was led by Kakao Pay, the fintech division of Kakao, Korea&#8217

New unicorn Klook raises $200M to expand its travel activities platform worldwide

Klook, a Hong Kong-based startup developing a travel activities platform, has pulled in $200 million in new capital to fuel a major expansion into the U.S. and Europe. A spokesperson confirmed to Tech

US-China biotech startup XtalPi lands $15M from Google, Tencent and Sequoia

Google continues to increase its presence in China after it joined Sequoia China and Tencent in a $15 million investment for XtalPi, a U.S.-China biotech firm that uses artificial intelligence and co
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