With an increasingly tech-savvy population, maturing tech ecosystem and government support, it’s arguably the best timing to start a business in China. The startup craze fosters a growing appetite for venture capital firms in the country. Greater China attracted $65 billion, or 36 % of the total global venture capital in 2017, next only to US’s $76.4 billion, figures from data service Preqin show.
Even combining all these, getting your business from idea to minimum viable product is a daunting task. Getting the initial funds is perhaps the most important step when building a company from scratch. 3F (Friends, Family, and Fools) is usually the best chance for obtaining initial investment. But professional angel investors, who boast better understanding of the industry and entrepreneurship, are a better choice for long-term development.
However, angel investors can be a confusing crowd with different industry focus and style. For entrepreneurs who want to court their own angel, here’s a list of top angel investors in China.
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