Cloud Angel Investors
21 Jianguomenwai St, Beijing, 100020, China
Overview
Cloud Angel Fund provides venture capital funding to early stage companies with technological and business model innovation. The firm was founded by China Broadband Capital, Sequoia China, Northern Light Venture Capital, GSR Ventures, and Wu Capital in 2013. We invest in a broad range of areas including consumer, enterprise, cloud computing and big data, smart hardware, financial technology, and digital health.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Venture Capital
Investment portfolio
- Helio
Participated · Equity · Oct 2023
Helio is a Zurich-based company founded in 2018 that employs a real-time algorithm to reroute computing tasks to underused or renewable-energy-powered data centers, improving cloud resource allocation. The platform emphasizes carbon-aware workload scheduling, growing a network of green data centers, and aggregating excess capacity into the cloud spot market. Helio is targeting market verticals with high compute demand, notably 3D rendering, AI, and VFX rendering. The company positions its model as a cost-saving and greener alternative to traditional cloud providers by addressing industry efficiency levels currently below 20%. Helio has set a target to reduce CO2 emissions by 200Mt by 2030. The recent funding is intended to accelerate product development, scale market penetration, and expand the platform’s sustainable-compute capabilities.