Sequoia Capital Archives

Sequoia China’s Neil Shen Rises to No. 1 on 2023 Forbes Midas List

Neil Shen, the founding and managing partner of Sequoia China, has been named this year's top investor in the 2023 Forbes Midas List. This marks his fourth time taking the top spot.

Microalgae Synthesis Firm Demeter Nears 100M Yuan in Pre-A Round Funds

Demeter Bio-Tech (Zhuhai) Co., Ltd., a microalgae product synthesis enterprise, has recently completed a pre-A round of financing totaling nearly 100 million yuan ($14.50 million).

Wire Control Chassis Firm BIBO Bags Nearly 1M Yuan in Pre-A Round Financing

On August 25, Bibst (Shanghai) Automotive Electronics Co., Ltd., also known as BIBO, announced its completion of nearly 100 million yuan ($14.6 million) in a pre-A round of financing.

Sequoia China Establishes Startup Accelerator Program YUÈ

Sequoia China on August 15 announced the establishment of a new startup accelerator program called YUÈ, which provides exclusive systematic entrepreneurship courses and resources for Chinese entrepreneurs from angel-round to A-round financing.

Industrial Code Reader and Sensor Producer Trinity Completes Angel Investment

Trinity, an industrial code reading and sensor manufacturer, recently received tens of millions of yuan in angel investing led by Sequoia China Seed Fund.

Sequoia Capital and Xiaomi Reduce Stakes in Segway-Ninebot

Segway-Ninebot, a manufacturer of intelligent short-distance transportation and service robots, announced on Monday that the venture capital institutions under Sequoia Capital and Xiaomi had reduced their stake by nearly 6.5% in the past few months.

China VC Weekly: Digital Content, Metaverse and More

In last week’s VC news, digital interactive content development platform Cocos bagged $50 million from GGV Capital and others, SwooshTransfer added “millions of dollars” to its total fundraising pool, and more.

Sequoia Capital’s Doug Leone to Retire, Neil Shen Remains Steward

Seasoned investment firm Sequoia Capital's current chief Doug Leone has named Roelof Botha as his successor on Tuesday. Neil Shen will continue to lead the firm’s China business as the founding and managing partner.

Online Collaboration Tool Developer Fabrie Secures New Financing

Fabrie, an online design collaboration tool developer for the global design market, recently announced the completion of a Pre-A round of financing.

Tencent Invests in Automobile Manufacturer Founded by Roborock CEO

"Luoke Automobile", the automobile project of Chang Jing, founder and CEO of Roborock, had completed a financing round of $ 100 million at the end of 2021. This round was led by Tencent and followed by Sequoia Capital.

J&T Express Denies Completing C1 Round of Financing Worth $1.735 Billion

According to media reports on Wednesday, J&T Express has completed a C1 round of financing worth $1.735 billion, bringing its valuation to $19.77 billion. J&T Express denied the report.

Starbucks Partners With Sequoia Capital: Digital Transformation Fuels Growth

Xingran (Shanghai) Investment Partnership (Limited Partnership) was formed by the strategic collaboration between Starbucks China and Sequoia Capital China on Sept. 8, 2020.

MiraclePlus Welcomes Investment from Sequoia, Former JD.com CEO After Y Combinator Exit

MiraclePlus RMB Fund I, L.P., recently completed a new round of funding, with Sequoia and former JD.com CEO Richard Liu among its investors.

China’s Leading Secondhand Car Dealer Adds $200 Million to Last Year’s $1.5 Billion Series D Round

Chehaoduo Group has recently raised an additional $200 million, adding to the $1.5 billion Series D round of financing raised earlier from investors including Softbank and Sequoia Capital China.

China VC Weekly: Airwallex Scores Big Despite COVID-19

Global financial markets are struggling, having been crippled by the COVID-19 epidemic and the amount of VC deals has noticeably decreased.

China VC Weekly: Ed-tech, Med-tech, Hospitality Tech and Xiaohongshu’s Possible Series E

Xiaohongshu's possible Series E, US-based food delivery company seeing a surge in contactless takeaway orders, a Chinese ed-tech startup providing online research counseling, a medical diagnostic company and a major local hotel chain.

Tencent Invests in Chinese Comic App Kuaikan

On August 27, Annie Chen, founder and CEO of Kuaikan, a comic art platform in China, announced in an internal letter that the company has received an investment of $125 million from Tencent Holdings.

Sequoia China Says Reuters Article is Nonsense and an Attempt for Defamation

Following the release of a Reuters article on Sequoia Capital China's 20 percent cut of investment staff, Sequoia China has dismissed the report firmly, claiming that the published article is “nonsense” and a malicious attempt for defamation.

Neil Shen Topped the 100 Venture Capitalists List 2019

Among the world's best venture capital partners in 2019, Neil Shen, founding and managing partner of Sequoia Capital China, ascended the throne.

Sequoia Capital to Establish $8B Global Fund, Target Chinese Investors

iMarkets reported on January 31 that Sequoia Capital, which has invested in Google and Apple, plans to raise an $8 billion venture capital fund to support Chinese investors.

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