01VC

One of 01VC's investment strategy is to bring China's supply chain of physical and digital goods as well as talent pool to the rest of the world. Examples of our investment in this category includes Xtransfer, Hibobi, Mangatoon, Xendit, TYMO, Foroo etc.

More TikToks? Consumer Apps Developed in China Find Customers Overseas For years, it seemed China’s mighty consumer app giants couldn’t figure out how to expand overseas. Alibaba, Tencent and many others famously failed. That changed when ByteDance turned TikTok into a global hit. But it’s not just TikTok. China’s software engineers and product managers are ...

01VC, a 4.5 years old, China based venture capital firm has closed a US$100 million for its new early stage fund. Its debut fund had closed at US$30 million in 2015. 01VC was started by investors previously from Matrix Partners and Kleiner Perkins. The fund looks for startups that focus on technology enabled supply chain, logistics, B2B, enterprise SaaS, and consumer internet platforms. The venture fund is an early stage backer of on demand logistic platform -Lalamove, whose last round (D Round) moved it into unicorn valuation.

The bulk of new funds are from overseas investors that includes foundations, endowments, family offices and fund of funds.