TLDR:
- Lanchi Ventures transitions after parting ways with BlueRun, expands to Hong Kong to connect Chinese AI entrepreneurs with global markets
- Focusing on sectors like AI, 3D interactive technologies, and robotics, Lanchi remains optimistic about the evolving tech landscape
A year after separating from US venture capital firm BlueRun, Lanchi Ventures is embarking on a new journey as it expands to Hong Kong. The firm aims to leverage the city’s financial center status and talent pool to bridge the gap between Chinese AI entrepreneurs and global markets. Managing partners, Jui Tan and Terry Zhu, stress the importance of adopting a global perspective amidst geopolitical tensions.
Despite challenges in the current VC landscape, Lanchi remains committed to tech-driven early-stage investing, with a focus on emerging sectors like AI, 3D interaction, and robotics. Recent investments in companies like Genspark AI and OPTIX reflect Lanchi’s confidence in the potential of these technologies.
While acknowledging the hurdles in the industry, including tightened listing rules and fundraising difficulties, Lanchi remains optimistic about China’s position in the global AI race. The firm believes that China’s manufacturing capabilities and talent pool could propel the country to the forefront of technological innovation in the coming years.
As the AI race continues to evolve, Lanchi Ventures sees a wealth of opportunities on the horizon and remains dedicated to supporting the next generation of tech companies that could revolutionize the market.