• Teambition

  Participated · Series B · Sep 2015

  Teambition is a Shanghai-based startup that offers workplace collaboration software as a service. The article identifies its core product as workplace-collaboration SaaS. It reports that Teambition has closed a Series B investment from Tencent. The article does not provide details on the size of the round, terms, or other participating investors. No operating metrics, revenue, user numbers, founding year, past rounds, or future plans were disclosed in the article. Teambition is a Shanghai-based workplace collaboration platform that integrates tasks, posts, cloud file libraries, and events into a single app available on Android, iOS, Mac, and Windows. The product follows a freemium model and emphasizes mobile-first design to keep teams working on the same linked content without switching apps. The company plans to use new funding to build out its freemium offering, expand sales efforts, diversify the team, hire global talent, and adapt the product to specific industry needs. Teambition reports 500,000 users as of August but declined to comment on revenue or market share. All of its servers are currently based inside mainland China, a factor the company acknowledges could affect international adoption. Leadership includes CEO Junyuan Qi and a recent international hire, Florian Monfort, to head international growth.

• iPinYou

  Participated · Equity · Jan 2013

  iPinYou operates a programmatic buying DSP platform in China and runs the OPTIMUS™ system, a smart advertising and optimization platform that ingests and analyzes massive amounts of data. The platform integrates with all major domestic ad exchanges and supports mobile, PC, video and cross‑platform ads. iPinYou reports handling on average 18 billion ads daily. Management is led by founder and CEO Grace Huang and CTO Shen Xuehua. The company completed a 500m RMB (approx. $78m) Pre‑IPO financing and plans to use the proceeds to expand its international business via industry consolidations and acquisitions and to accelerate growth into mobile, TV and outdoor segments. iPinYou is a Chinese demand-side platform that provides advanced DSP technologies enabling advertisers to access major exchanges and improve cost-efficiency. The company launched a Real-Time Bidding (RTB) enabled DSP integrated with mainstream exchanges in China and offers Video DSP, Mobile DSP and RTB-enabled retargeting products. Founded in 2008 and led by CEO and co-founder Xiaonan Huang, iPinYou serves over 200 brands across IT, financial services, auto, FMCG, ecommerce and travel. Its core product focuses on programmatic buying and real-time bidding to drive cost-efficiency for advertisers. The company plans to use new funding to upgrade product and technology and to recruit executives and staff.

• Prudent Energy

  Participated · Equity · Oct 2011

  Prudent Energy develops and integrates a patented Vanadium Redox Battery Energy Storage System (VRB-ESS®), a long-life flow battery for utility and commercial applications. Its VRB systems enable utilities to balance load, bridge generation, and regulate voltage and frequency with low maintenance. The company also sells or leases VRB systems and provides services to commercial onsite generators and telecom companies to reduce operating expenses and provide backup power. Led by CEO Johnson Chiang and based in Bethesda, MD, Prudent is targeting MW-class markets. The company raised an additional $29.5m in the reported financing. Proceeds will be used to continue system development and expand sales into Asia, Europe and North America. Prudent Energy is a Beijing, China- and Burnaby, Canada-based manufacturer of clean energy storage systems that controls patents for the Vanadium Redox Battery (VRB). The company’s VRB technology is designed to support and provide relief to the electric power grid. Prudent raised an additional $10m in venture capital within three months from JAFCO Asia, Mitsui Ventures, China Equity Links Partners and other investors as part of its Series C, bringing the total Series C to over $32m. Earlier in March the company announced $22m from Northern Light Venture Capital, Draper Fisher Jurvetson, Sequoia Capital China and DT Capital. The new capital will be used to increase manufacturing operations in China and expand the company’s presence in new markets. Prudent Energy is also opening US offices in the Washington, D.C. area.

No current team members are available.