On June 11, the 2019 China Venture Capital and Private Equity Institutions List was announced in Shanghai. Gobi Partners China and its invested companies received three awards!
- China’s Best Venture Capital Institution TOP100
- China’s Best Foreign Venture Capital Institution TOP30
- China’s Best Investment Case of Technology Financial Industry TOP5
The China Venture Capital and Private Equity Institutions List is the most prestigious list for the Venture Capital and Private Equity industry in China. Its selection process is known to be rigorous and demanding according to its high standards. …
Chibo Tang, Partner @ Gobi Partners China has a decade of experience in venture capital. Looking back, he shares with us below about the associated pros and cons of joining VC at a young age. Enjoy!
when 2020 first started, someone told me that this would be a great year for leo’s. a few quarantine cycles and months of social distancing later, i find myself seriously doubting the accuracy of horoscopes.
covid-19 has changed the world in drastic ways — the full impacts of which are still to be seen. obviously an event of this magnitude impacts everyone, but for many students and young professionals, this is an especially difficult time. …
As discussed in previous posts, in the face of the B2C market slowing down, both entrepreneurs and investors have redirected their attention to the B2B / enterprise solutions sector which is now primed for exponential growth. Gobi’s long-term vision and investment strategy have given us the foresight to start investing in the enterprise domain close to a decade ago and we have already seen successful exits for portfolio companies such as Dianwoda and Teambition.
Michael Zhu, Managing Partner at Gobi Partners China spoke with Junyuan Qi — CEO of Teambition, Andy Yin — CEO of CloudWise, and Baochen Wang — CEO of Chuangkit on a panel at the Gobi Tech Open Day about where the enterprise solutions market is headed and where the opportunities lie. …
Chinese Venture hosted its 7th annual Fintech Innovation Summit in Shanghai on September 26, 2019, where the top fintech investor were recognized.
Gobi Partners China ranked as one of the top 10 investment firms and Michael Zhu, Managing Partner at the firm also ranked as one of the top 10 investors in the fintech field.
This year, Chinese Venture’s judging criteria was based around investment firms’ innovative approach as well as their demonstrated ability to further develop and advance fintech development in China.
Read the original article in Chinese here.
Wing Hu, Partner at Gobi Partners China was joined by Gerry Zhou — CEO of BoraNet, Marks Zhang — Co-Founder of MegaRobo, and Derek Zheng — CEO of Thingworks on the Gobi Tech Open Day “Industry 4.0 — Exploring Intelligent Manufacturing Technologies” panel as they discuss the opportunities in the sector which has experienced significant growth under initiatives like “Made In China 2025” and “One Belt One Road”.
Zhang, Co-Founder of MegaRobo which specializes in lightweight collaborative robots and automation solutions in biotech, smart retail, and manufacturing, shared how catering to their clients’ needs meant reprioritizing their products’ technical features. For example, manufacturing robots are typically built with efficiency as its key feature, but for collaborative robots, while efficiency is still crucial, safety is a much higher priority since they operate alongside humans. Zhang added that broadening the scope of the developed technology’s application use cases is just as important to staying competitive. …
ThingWorks, developer of a smart manufacturing dashboard system raises close to RMB 10 million from Gobi Partners China for product development and team expansion.
ThingWorks offers an answer to the issues around traditional manufacturing systems through a smart and easy-to-use dashboard that collects, processes, and analyzes data and can be accessed through mobile devices, tablets, PCs, and even TV displays. This dashboard also includes extra features such as live monitoring, metrics display, reporting, plant safety control, and more.
Conventional factory dashboards display live metrics on the plant floor which may include production targets, inventory, output efficiency, equipment status, etc. These dashboards also record historical data, which in turn become key references for analysis. …
Chibo Tang, Partner at Gobi Partners China hosted the “AI and Sector Applications” panel, joined by Professor Jianxiong Xiao — Founder & CEO of autonomous driving developer AutoX; Kelvin Lei — CEO of digital financial advisor Aqumon; and Yong He — CEO & Founder of cloud computing platform DeepBrain Chain.
Professor Xiao opened up the conversation by sharing an overview of AI development phases, from digitization to weak AI, strong AI, and general AI (GAI). In the current landscape, digitization is considered to be mature and completed, but we are still quite far away from achieving GAI. …
CEIBS Business Review (CBR) speaks with Michael Zhu, Managing Partner at Gobi Partners China on investment opportunities in the tech field. Michael boasts 16 years of investment experience, investing in companies such as Airwallex, WaveOptics, CloudWise, and Teambition among many other leading tech startups. He manages the Gobi Yingzhi and Zhiying RMB Funds with total assets of over RMB 750 M and the HK$1 B Hong Kong Alibaba Entrepreneurs Fund.
Read below for the translated excerpt:
CBR: As an early stage investor, what industries and sectors are you interested in?
Michael Zhu: Currently, the enterprise services and deep tech sectors — including AI and proptech — have our attention as they have great potential to be further developed, applied in more industries, and to scale for overseas expansion. …
Mr Zoo has completed their third round of fundraising this year, including their Seed Round, Angel Round, and Pre-A Rounds led by Cambrian Venture Capital, Gobi Partners China, and Tou Tou Shi Dao (头头是道) respectively.
Indoor petting zoos first became popular overseas and had recently expanded to the Chinese market where there are currently 34 outlets in the country. Mr Zoo’s Founder Qiang Zuo shares that the traditional natural science education scene has lost its novelty appeal to consumers as service levels tend to be low, as is engagement level since the program formats don’t involve parents enough.
Mr Zoo has revolutionized the business model by setting up in shopping malls where they are not affected by adverse weather and families are able to visit the petting zoo without making a day trip to a remote location, with the added convenience of having other entertainment facilities in the same mall. The zoo’s program has also been redesigned to engage parents, where instructors work with them, who then teach children what they have learned. …
On August 14, 2019, we hosted “Gobi Tech Open Day” in partnership with 36Kr at the Four Seasons in Beijing, where pioneers in the tech field and our Partners got together to discuss the future of tech and investment strategies in China.
Established in 2002, Gobi Partners is one of the first homegrown venture capital firms in China. Over the last decade, while most investors have focused on the B2C sector, Gobi Partners China have been investing in B2B enterprises which has only come to the forefront of the tech investment landscape in recent years. …
