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China-Backed Fund Raises $500 Million for U.S. and EU Startups | Tony Seruga
May
14

China-Backed Fund Raises $500 Million for U.S. and EU Startups

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A venture capital firm backed by the Chinese government is aiming to invest up to $500 million into U.S. and European technology startups.

Silk Ventures, which has offices in Silicon Valley, London, Shenzhen, and Beijing, will put a particular focus on fintech, artificial intelligence, medical technologies and startups specializing in related sciences.

“The mission is to connect technology companies from Europe and the United States, Israel as well, to the Chinese market,” said Silk Ventures Founding Partner Angelica Anton in an interview…

China-Backed Fund Raises $500 Million for U.S. and EU Startups

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