InnoSpring, a US-China incubator backed by China-based property company Shui On Group, launches its seed fund with venture capital backing from firms including Kleiner Perkins Caufield & Byers and Northern Light Venture Capital.
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…