2024-11-30
Financial Times
4 related
Sequoia's former China unit HongShan is pushing for deals in Europe and North Asia, as it struggles to deploy $9B due to a weak domestic market and US controls
Financial Times :
2024-11-29
Financial Times
4 related
Sequoia's former China unit HongShan is pushing for deals in Europe and North Asia, as it struggles to deploy $9B due to a weak domestic market and US controls
Neil Shen's HongShan has struggled to invest its $9bn cash pile in a weak domestic market and tough US controls
2024-03-05
Bloomberg
3 related
Sources: Chinese AI startup MiniMax raised $600M+ led by Alibaba at a $2.5B+ valuation; the round remains in progress and HongShan has committed funds
- Minimax scores funding from investors including HongShan — Alibaba has spearheaded two major deals so far this year
2023-10-20
Bloomberg
8 related
Beijing-based generative AI startup Beijing Zhipu Huazhang has raised ~$342M from Alibaba, Tencent, Ant Group, Xiaomi, HongShan, Meituan, and others in 2023
Jane Zhang / Bloomberg :
2023-06-06
Forbes
11 related
Sequoia plans to split into three firms, Sequoia in the US and Europe, HongShan in China, and Peak XV in India and Southeast Asia, “no later than” March 2024
Venture capital's biggest global brand is breaking up, with Sequoia's China and India and Southeast Asia funds relaunching …
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