Looking to Raise Money for your Startup? Join the StartupsHK Investor Introductions Network

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As we build our network in Hong Kong and around the world we are looking to make meaningful introductions to startups at the point in their lives when they need to raise capital to build out their tech companies.

So we are now openly inviting founders to reach out to us for introductions – now, before everyone starts hitting the send button we are going to be very focused on what we are looking for:

  • Startups with traction. No “just an idea” phase companies.
  • We cover most of the popular verticals – we are out of our depth in some fields but we will keep you in the database.
  • This is not just for HK-based startups but any startup looking at Asia as a market.

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Report: The True State of Early Stage Funding in Hong Kong

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You may have seen reports floating around on the interwebs on the current state of Hong Kong funding, from ill-advised infographics to strangely sourced global reports.

So we decided to call up James Giancotti of OddUp a new startup that is tracking other startups around the region, and try and put together a proper list of startup funding in Hong Kong by local investors into local companies.

It’s also a good time to check the pulse of the investor ecosystem; after all the noise that big events like RISE and StartMeUp brought to Hong Kong, how, and if, the local investor market has been doing to actually help fund local startups.

This report is looking at the actual public angel and VC groups in Hong Kong. We don’t have data on Family Offices since they keep things private, as do smaller investor syndicates and angels who don’t like to have their names on the internet. Today the HKSAR government released it’s new budget to include startups (take a look at this budget breakdown specifically for the startup sector by Charles Mok), so we will have to take a revisit this next year and see if this new budget has helped increase any activity amongst local investors.

Here is what the state of early stage funding in Hong Kong really looks like:

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20 Suggestions
 in Preparing to Raise Venture Capital

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One of the great panels from Startup Saturday: Mobilliance 2013 was the Funding panel where angel investors and startups spoke about practical advice on raising venture capital. We also heard from Benjamin Qiu, counsel at the Shanghai office of Cooley LLP (a major law firm originated in the Silicon Valley).

Trained in SV for years, he also headed legal and VC fund management at Innovation Works in Beijing. If you remember, Ben was also the panelist on our past Startup Saturday: Mobilliance 2013.

Raising venture capital for your startups surely sounds a good road, but on the way of pursuing that there are just too much things to consider. Ben has listed 20 practical suggestions for early startups who are preparing to raise.

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