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Strategic Cooperation Agreement with Innovation Works Signed

2013.12.19 17:46

On December 19, 2013, Mr. Jason Shaojie Wang, President of China Zhongguancun Private Equity &Venture Capital Association, signed a strategic cooperation agreement with Tina Tao, Partner of Innovation Works to further strengthen mutual efforts in projects investment and financing promotion.

Innovation Works, founded in September 2009 by Dr. Kai-Fu Lee, is a truly differentiated early stage venture capital fund with $500 million in assets under management. As a top domestic China platform, Innovation works provides not just venture financing, but also value-added operational services, including in areas such as user experience/design, product, marketing, recruiting, legal, government relations, and finance, thereby helping entrepreneurial companies start up smoothly and grow rapidly in their start-up period.

Innovation Works invests broadly across the software-enabled IT space, including mobile Internet, consumer Internet, e-commerce and cloud computing.