HSG

Sources: the early Chinese backers of Manus, including HSG, ZhenFund, and Tencent, plan to buy the AI startup back from Meta at the $2B price Meta paid

Sources: the early Chinese backers of Manus, including HSG, ZhenFund, and Tencent, plan to buy the AI startup back from Meta at the $2B price Meta paid

The early Chinese backers of AI firm Manus are planning to buy the firm back from Meta Platforms at the $2 billion price Meta paid …

Sources: HSG, formerly known as Sequoia China, set up a $3B continuation fund anchored by its ByteDance stake, offering ByteDance exposure at a ~$370B valuation

HSG, the investment firm formerly known as Sequoia Capital China, has closed a $3 billion continuation vehicle anchored by a stake in ByteDance Ltd. …

Dify, which offers an open-source platform to build and run AI applications and agentic workflows, raised a $30M pre-Series A led by HSG at a $180M valuation

A profile of Neil Shen of HSG, formerly Sequoia China, which raised $9B from US investors before US restrictions and has funded Manus and other Chinese startups

A profile of Neil Shen of HSG, formerly Sequoia China, which raised $9B from US investors before US restrictions and has funded Manus and other Chinese startups

Neil Shen has long bridged both countries, from working at Sequoia after Yale to his own firm

NYC-based Eight Sleep, which makes the AI-powered Pod smart mattress cover for measuring sleep, raised $100M from HSG and others, after an $86M Series C in 2021

Roughly one in three adults in the U.S. regularly gets insufficient sleep, driving demand for tools that can monitor, analyze, and enhance rest.