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Sky9 Capital

From EverybodyWiki Bios & Wiki

Sky9 Capital is an early-stage technology venture capital firm in China. It focuses on investing in internet, enterprise and deep tech sectors in China.[1]

Founding

Sky9 Capital was founded in 2016 by Ron Cao, an experienced investor[2] who was previously a partner at Lightspeed Venture Partners. Cao has been a member of the World Economic Forum’s Young Global Leaders community since 2013[3] and sits on the World Economic Forum’s Global Agenda Council on the Future of Software and Society. He was named as a “Top Chinese Venture Capitalist” by Forbes China.[4]

Investments

Sky9 Capital has made more than 30 investments[5] over three funds.[6][7] The most recent fund closed in April 2018 at $200 million.[8] Investments include EZbuy[9], QingCloud[10], Basis[11], Ultrain[12], PPDai[13] and Douyin (ByteDance)[14].

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References

  1. "Crunchbase Sky9 Capital". Crunchbase. Archived from the original on 30 August 2019. Retrieved 30 August 2019.CS1 maint: Unfit url (link)
  2. "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2019-08-30.
  3. "Community". The Forum of Young Global Leaders. Retrieved 2019-08-30.
  4. "Ron Cao - Sky9 Capital | SuperReturn Asia Speaker". finance.knect365.com. Retrieved 2019-08-30.
  5. "Crunchbase". Crunchbase. 30 August 2019. Retrieved 30 August 2019.
  6. "China's early-stage VC firm Sky9 Capital raising new funds". DealStreetAsia. Retrieved 2019-08-30.
  7. Fannin, Rebecca. "China VC Reaches To Ceiling As Sinovation, Sky9 Capital Raise Next Funds, More In The Works". Forbes. Retrieved 2019-08-30.
  8. "Sky9 Capital closes new fund on USD200m hard cap". Private Equity Wire. 2018-04-24. Retrieved 2019-08-30.
  9. "Struggling e-commerce firm LightInTheBox completes $85M deal for Singapore's Ezbuy". TechCrunch. Retrieved 2019-08-30.
  10. "Hidden Giants. 5 Chinese flying cloud unicorns". Data Economy. 2019-05-08. Retrieved 2019-08-30.
  11. "Basis, backed with $133 million from top VCs to build a price-stable cryptocurrency, says it's shutting down and returning the money". TechCrunch. Retrieved 2019-08-30.
  12. "A New Era of Public Chain: Ultrain Launches its Mainnet". coinidol.com. Retrieved 2019-08-30.
  13. Fannin, Rebecca. "China VC Reaches To Ceiling As Sinovation, Sky9 Capital Raise Next Funds, More In The Works". Forbes. Retrieved 2019-08-30.
  14. "Subscribe to read". Financial Times. Retrieved 2019-08-30.

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