TechCrunch Shenzhen is just around the corner along with its most popular session during the conference: VC Meetup. For entrepreneurs who are still shopping about from one venture capital institution to another with your business plan, we offer you the opportunity to meet a stack of VCs for 10 minutes face-to-face communication.
VC Meetup has become a signature part of TechCrunch Summits since its launch in 2015. At TechCrunch Beijing last year, a total of 150 venture capital institutions joined and over 750 entrepreneurs pitched their projects at the event.
Opportunities come to those who are prepared. In order to make your 10 minutes more efficient, we have compiled a cheat sheet of funds and their preferred industry.
As one of the most prestigious venture capital companies, IDG focuses on internet/mobile/tech, modern service & brand, healthcare, industrial technology & resources, media, tourism & real estate. It has a pretty wide investment range from seed round to post C round with funding amounts varying from million to hundred million dollars. They have supported many exceptional companies such as Tencent, Home Inn and Ctrip.
Tips: IDG Capital is adapting more conservative investment approach with primary focus on startups in early and expansion stages. They have their own understandings of the founding team and the market.
Bertelsmann Asia Investment
BAI is primarily engaged in investing in mobile, online education, fintech, m-healthcare, and enterprise services. It’s focused on seed round to B round. It also has a Beta Fund to cover early stage and angel investments. The portfolio companies include ifeng.com, Lagou, Mobike (Beta Fund included: Keep and Kapbook) with investment size ranging from million to hundreds of million RMB/eight-digit USD.
Tips: Focusing on early stage startups, BAI is a prudent investor, which values following characteristics in projects:
1. Making the best use of the team’s exiting resource to outrun the rivals
2. Finding differentiated position in the market
3. Making best use of data accumulated through the product, network and supply chain data
4. Effective team management
SB China Capital (SBCVC)
SBCVC is a leading venture capital and private equity firm that manages both USD and RMB funds. Its investment focuses are on high-tech, high growth companies in TMT, clean technology, healthcare, consumer/retail, and advanced manufacturing sectors. It invests across all stages of companies. The portfolio companies include Alibaba, Best Logistics, Quicktron.
Tips: Established in 2000, SBCVC is a prudent venture capital institution with preference in high tech companies in new energy and manufacturing. Startups connected with the real economy are going to win their attention.
ZhenFund is a Beijing-based seed fund that focuses on internet, mobile internet, gaming, enterprise software, O2O, e-commerce and education. It has supported in Jumei, Ehang and Xiaohongshu. The investment size ranges from million to tens of million RMB.
Tips: A business is nothing without the people who work behind the scenes. ZhenFund is seeking entrepreneurs with passion, dreams and vision.
Founded in 2006, Qiming is a leading China venture capital firm with focus on healthcare, consumption, IT and clean technology. Currently Qiming manages five US Dollar funds and four RMB funds with US$ 2.7 billion assets under management. Its portfolio companies include Guahao, Zhihu and Mogujie.
Tips: Qiming is looking for entrepreneurs with their own judgment of the market, technology and products.