Sinovation Ventures

Sinovation Ventures is a prominent Chinese technology venture capital firm established in 2009 by a team led by Dr. Kai-Fu Lee. The firm is dedicated to helping Chinese entrepreneurs build world-class companies by investing in and nurturing startups across various technology and innovation sectors. With over US$3 billion in assets under management across ten USD- and RMB-denominated funds, Sinovation Ventures has backed more than 500 portfolio companies globally.

The firm's founding in 2009 by Dr. Kai-Fu Lee, former President of Google China and a senior executive at Microsoft, SGI, and Apple, marked its commitment to fostering innovation. Sinovation Ventures focuses on early-stage investments, typically from seed to Series B rounds, in companies leveraging cutting-edge technologies. In 2016, the firm rebranded from its original name, "Innovation Works," to Sinovation Ventures.

Sinovation Ventures has a diverse portfolio with investments spanning artificial intelligence, robotics, automation, healthcare, semiconductors, and consumer-facing technology. Notable portfolio companies include 01.AI, 4Paradigm, Zhongli, Chengrui Tech, and Zvision. The firm's investment strategy extends beyond capital, providing strategic guidance and resources to ensure the growth and sustainability of its portfolio companies.

The leadership team at Sinovation Ventures brings extensive experience from both technology and investment sectors. Dr. Kai-Fu Lee, Chairman and CEO, also presides over Sinovation Venture's Artificial Intelligence Institute, which was established in 2016 to bridge AI scientific discoveries with practical applications. The investment and professional services teams comprise seasoned partners such as Hua Wang, Tina Tao, Richard Yang, Hao Xiong, and Christine Lang, who contribute deep industry knowledge and operational expertise to support portfolio companies.