Sinovation Ventures, founded by Dr. Kai-Fu Lee in 2009, is a venture capital firm based in Beijing with offices in major Chinese cities. The firm invests in early-stage companies, particularly in ecommerce, manufacturing, and foodtech. With over US$2.7 billion in assets, Sinovation Ventures is recognized for its strong focus on artificial intelligence, highlighted by the launch of its AI Institute in 2016. The firm leverages professional teams, international networks, and in-house AI experts to support its portfolio companies. Notable investments include Fresco.
