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Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage "hard technology" startups valued below ¥500M, or about $71M (Reuters)

Reuters : Chinese state media: China launches three VC funds of $7.1B+ each to back early-stage “hard technology” startups valued below ¥...

29 January 2025

Sources: Arm China picks Chen Feng, an ex-executive at China-based chipmaker Rockchip Electronics, as its CEO; Liu Renchen and Eric Chen will resign as co-CEOs (Bloomberg)

Bloomberg:
Sources: Arm China picks Chen Feng, an ex-executive at China-based chipmaker Rockchip Electronics, as its CEO; Liu Renchen and Eric Chen will resign as co-CEOs  —  - SoftBank-backed unit taps former Rockchip executive Chen Feng  — Chip designer's China arm navigating global tech protectionism

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