InnoSpring, a US-China incubator backed by China-based Tsinghua University Science Park, launches its seed fund with backing from firms including Kleiner Perkins Caufield & Byers and TEEC Angel Fund, which is founded and funded mainly by entrepreneurs and executives graduated from Tsinghua University.
InnoSping, which bills itself as "Silicon Valley’s first US-China technology start-up incubator" and is backed by by China-based property company Shui On Group, launched its seed fund on Wednesday last week.
The InnoSpring Seed Fund is backed by venture firms Kleiner Perkins Caufield & Byers, Northern Light Venture Capital , TEEC Angel Fund, which is founded and funded mainly by entrepreneurs and executives graduated from Tsinghua University of Beijing, GSR Ventures, and China Broadband Capital.
InnoSpring is a joint project between Tsinghua University Science Park, Shui On Group, Northern Light Venture Capital and venture debt provider Silicon Valley Bank. It is based in Santa Clara, California and was launched in January.
To see a list of the companies it has incubated, click here.
