Innovation Works, the Chinese startup boot camp is extending tentacles beyond Beijing with the announcement of its Shanghai branch (target to operate starting Jan, 2012) and the set up of its Shanghai Fund that aimed to raise RMB2b (US$31m).

The China’s YCombinator has invested in 34 startup projects/companies while 9 of which have closed their Series A funding.

IW has just finished raising its first US dollar fund of 180 million from WI Harper Group, Sequoia Capital, IDG, silicon valley god-father Ron Conway, well-known Russian investor Yuri Milner among other angel investors.

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

What you get

Full access to all premium content and our full archives

Members'-only newsletters

Preferential access and discounts to all TechNode events

Direct access to the TechNode newsroom

Start your free trial now.

Get instant access to all our premium content, archives, newsletters, and online community.

Monthly Membership

Yearly Membership

Ben Jiang

Listener of startups, writer on tech. Maker of things, dreamer by choice.