The two companies invested by KPCB in China are high-tech enterprises engaged in environmental and ecological protection and comprehensive management of water resources, and they are also early companies engaged in research and development and design of membrane technology. However, the fund has not yet disclosed the name of the investment enterprise, and will hold a joint press conference with entrepreneurs to announce it later.
Talking about the financing experience, the funded entrepreneurs said that although they had been favored by many venture capitalists before, they finally chose to join hands with Peng Kaihua Ying because of their rich investment experience and professional resource platform in the global sewage treatment industry. "KPCB has the world's top industry expert resources. In our early contact, KPCB introduced Pierre Cote, a world-renowned water treatment expert, to share the cutting-edge technology of sewage treatment with us, and joined its sewage treatment enterprise APT Water invested in the United States for technical exchange with us at the first time. In addition, it also helps enterprises to introduce industry integration and high-end talents to expand their international business. We are confident that with the professional help of KPCB, the company can rapidly expand the international market and achieve success. "
Mr. Zhou Wei, the partner of KPCB China, who is in charge of these two investments, said: "KPCB China has always regarded green technology as our very important investment direction. We not only pay attention to the field of clean energy, but also invest a lot of money in green technology in the fields of sustainable development and environmental protection. China's per capita fresh water is only a quarter of the world average. Water shortage and pollution are one of the most serious environmental problems facing China. Peng Kaihua Ying hopes to help China enterprises develop and grow in the field of water treatment. After a long-term study of the water treatment industry chain, we have selected these two excellent enterprises to invest in the industry chain, and will continue to dig deeper in this field, hoping to find more good enterprises to invest in the industry chain. In addition, these two investment cases well prove that RMB funds and US dollar funds complement each other. " 65438122 October, China, a well-known venture capital fund, recently announced that the initial fundraising of its first RMB fund has been completed, with an estimated scale of 600 million yuan.
Ru Qi Lin, president partner of Peng Kaihua Ying, said: "There has always been a phenomenon of' two heads are out' in the private equity market in China. At present, with the rapid development of China's economy and the growth of diversified investment demand, it is the general trend to develop RMB funds. The improvement of the domestic capital market, such as the launch of the Growth Enterprise Market, has given RMB funds a better and more exit mechanism. "
When talking about the competitive advantages of RMB funds owned by foreign VC, Ru said that she was very optimistic about the future prospects: "Compared with the scale and speed, we are more concerned about how to bring good performance returns to LP and provide the most professional and comprehensive resources and support for outstanding entrepreneurs in China. Many entrepreneurs attach great importance to the global resources and local operation experience of KPCB China team, but due to the industrial nature of their enterprises or the strategic tendency of entrepreneurs, they must only accept investment from RMB funds. Under this condition, they would rather give up the investment opportunities provided by other funds than wait for our financing to be completed. I am very confident in the ability of our newly established RMB fund to attract excellent local investment projects. "
The Private Banking Department of China Merchants Bank, which is responsible for the RMB fund-raising of KPCB in China, said: "The fund-raising speed completely exceeded our expectations, and the financing share was snapped up within three days. This is the fastest and most successful financing project of China Merchants Bank in recent years. This fully demonstrates the position of KPCB China's brand value in LP's mind. "
It is reported that Kaipeng Huaying has four retreats, including Venus landing on domestic small and medium-sized board, Gaode listing on NASDAQ, Kang Hui Medical NYSE listing, and CAR Inc being acquired by Legend Holdings. Among them, Kang Hui Medical soared against the market on the first day of listing, with an increase of over 80%. It was praised as "20 10, the best IPO of all China companies listed in the US market (including new york Stock Exchange, American National Stock Exchange and Nasdaq)" by the chief representative of China District of NYSE. Beijing time 2010/0 morning news, according to foreign media reports, American venture capital company Kleiner Perkins caufield & Byers) will set up a $250 million fund with Facebook, Zynga and other media companies to invest in social media startups.
The fund is called "sFund", and its investors and strategic partners also include Constance, the largest cable TV system company in the United States, Free Media Group and Allen &; Company. Bing Gordon, a member of the board of directors of Amazon and Zynga and former CEO of EA, will be responsible for the management of the fund.
The fund will provide financing, consulting and capital services for entrepreneurs in the fast-growing social media industry. Mark Zuckerberg, CEO of Facebook, said that in the next few years, social media will lead to changes in many industries, from online retail to music, bringing unprecedented investment opportunities.
"In the next five years, investors will have the opportunity to choose an industry and reconsider it." Zuckerberg said.
Under the influence of social media, the game industry took the lead in changing. Nowadays, social games such as Farmville and Mafia Wars have become one of the most popular activities on the Internet.
Zuckerberg said that similar changes will occur in e-commerce, online music and other industries. More and more companies have developed social media applications to profit from social networks.
John Doerr, a partner of Kleiner Perkins Huaying, said in a statement: "We are at the beginning of a new era. The founders of social networks are replacing an Internet composed of documents and websites with an Internet composed of communities and geographical locations." "Now is a good time to start a social media company."
On Facebook, the largest social network in the world, professional applications such as games are very popular. According to Facebook, more than 70% of users use these apps every month.
Social media application development companies have become the most sought-after acquisition targets in the Internet industry. Both Disney and EA have made such acquisitions or investments.