ZhenFund

OKX Ventures Leads Investment in UXLINK, A Web3 Social Platform and Infrastructure Provider

Retrieved on: 
Wednesday, March 13, 2024

UXLINK is a Web3 social platform that combines a Web3 gateway, social DEX and infrastructure with the goal of facilitating mass adoption.

Key Points: 
  • UXLINK is a Web3 social platform that combines a Web3 gateway, social DEX and infrastructure with the goal of facilitating mass adoption.
  • As the first trust-focused platform in the Web3 space, UXLINK facilitates the transition from Web2 to Web3, fostering unity and empowering the creation of social assets and social trading.
  • In addition to OKX Ventures, the platform has also secured investments from high-profile venture capital firms such as ZhenFund, HongShan and MatrixPort Ventures.
  • OKX Ventures Founder Dora Yue said: "UXLINK is a game-changer in the Web3 social infrastructure space; the project has rapidly developed through its 'acquaintance social' and 'group' model.

UXLINK Raised Over $9M in Funding, Leading Investors include OKX Ventures and MatrixPort Ventures

Retrieved on: 
Wednesday, March 13, 2024

This round's investors include OKX Ventures, Web3Port Foundation, Manifold, UOB Venture, Comma3 Ventures, Cypher Capital, Kucoin Ventures, Gate Labs, Forgame (0484.HK), ECV, Signum Capital, 7UPDAO, and industry leaders.

Key Points: 
  • This round's investors include OKX Ventures, Web3Port Foundation, Manifold, UOB Venture, Comma3 Ventures, Cypher Capital, Kucoin Ventures, Gate Labs, Forgame (0484.HK), ECV, Signum Capital, 7UPDAO, and industry leaders.
  • According to Singapore Corporate Information, HongShan Capital, GGV Capital, MatrixPort Ventures and ZhenFund are also its investors.
  • UXLINK's backers include not only crypto and exchange investors from North America, Asia, and the Middle East, but also strategic investors like publicly listed companies.
  • As a social ecosystem, UXLINK is a leading solution for aggregating Web3 gateway, social DEX, and infrastructure for mass adoption.

Altos Radar Debuts Game-Changing 4D Imaging Radar at CES 2024

Retrieved on: 
Wednesday, January 10, 2024

LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- Altos Radar, a pioneer startup led by industry experts, unveiled its groundbreaking 4D imaging radar at CES 2024.

Key Points: 
  • LAS VEGAS, Jan. 10, 2024 /PRNewswire/ -- Altos Radar, a pioneer startup led by industry experts, unveiled its groundbreaking 4D imaging radar at CES 2024.
  • At the heart of this innovation lies the Altos V Series, a world-first non-FPGA 4-chip cascade design based on TI TDA4.
  • Key Features of Altos V Series:
    Altos Radar also introduced the Altos RF Series, a non-computing front-end radar module offering a cost-effective 4D imaging radar solution that seamlessly connects to a common camera interface.
  • Altos Radar's high-performance 4D millimeter-wave RADAR meets the booming demand for 4D imaging radars, with the market projected to double to $8 billion by 2027 (Yole's 2022 Automotive Radar Report).

U POWER Tech unveils "plug-and-play" EV chassis at CES; a tech and business model set to shake up the EV industry

Retrieved on: 
Wednesday, January 10, 2024

U POWER delivers the first batch of UP Super Boards to Olympian Motors, a new-gen EV company headquartered in New York.

Key Points: 
  • U POWER delivers the first batch of UP Super Boards to Olympian Motors, a new-gen EV company headquartered in New York.
  • Leveraging its R&D capabilities and a business model that integrates the global EV industry supply chain, U POWER has announced partnership with business partners in Japan, Southeast Asia, Europe markets, with a goal of accelerating the EV industry transformation.
  • Showcasing an elevated class and refined aesthetic, the Olympian Model O1 is also on display at the U POWER CES booth.
  • Since 2021, U POWER has received investments from top dollar funds including Matrix Partners, CCV, ZhenFund and the leading auto industry funds Bosch's BOYUAN Capital.

Neobank startup iPeakoin raised nearly $10 million Series A from Zhenfund

Retrieved on: 
Thursday, November 23, 2023

SHERIDAN, WYOMING, THE UNITED STATES, Nov. 23, 2023 (GLOBE NEWSWIRE) -- iPeakoin , an innovative neobank building solutions across traditional finance and crypto, recently closed its Series A, "close to ten million dollars led by ZhenFund", according to the founder.

Key Points: 
  • SHERIDAN, WYOMING, THE UNITED STATES, Nov. 23, 2023 (GLOBE NEWSWIRE) -- iPeakoin , an innovative neobank building solutions across traditional finance and crypto, recently closed its Series A, "close to ten million dollars led by ZhenFund", according to the founder.
  • Founded in 2020, with dual headquarters in Singapore and Hong Kong, iPeakoin has distinguished itself in the fintech landscape by bridging traditional finance and the crypto industry.
  • Crypto Wallet for Enterprises: This product enables seamless management of large-volume digital assets for enterprise clients that require more control and higher compliance standards.
  • iPeakoin is also investing heavily to build up banking infrastructures across multiple continents, including Middle East, Latin America and India.

Altos Radar raises $3.5m to accelerate the development and commercialization of 4D imaging radars

Retrieved on: 
Monday, August 14, 2023

SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ -- Silicon Valley-based automotive radar startup, Altos Radar, has raised $3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted and autonomous vehicles.

Key Points: 
  • SAN JOSE, Calif., Aug. 14, 2023 /PRNewswire/ -- Silicon Valley-based automotive radar startup, Altos Radar, has raised $3.5 million in seed round funding that will fast-track the commercialization of 4D imaging radars in driver-assisted and autonomous vehicles.
  • This enabled the possibility of producing high-resolution radars at one-third the size of the previously used 24GHz radars with similar angular resolution.
  • This makes Altos V1 radar the world's first production-ready non-FPGA-based, 4-chip cascaded (12TX, 16RX) 4D imaging radar, offering great advantages in cost, reliability and mass-producibility.
  • Altos Radar's new high-performance 4D millimeter-wave RADAR caters to the demands of a 4D imaging radar market that Yole's 2022 Automotive Radar Report estimated will double YoY by 2027 to $8 billion.

BitValue Capital Drives Hong Kong's Web3 Development: Fostering Innovation and Supporting Startups in the Global Hub of Finance and Technology

Retrieved on: 
Monday, June 19, 2023

Toronto, Ontario, Canada, June 19, 2023 (GLOBE NEWSWIRE) -- Hong Kong is one of the largest financial centers in Asia and a leading global hub for technology innovation.

Key Points: 
  • Toronto, Ontario, Canada, June 19, 2023 (GLOBE NEWSWIRE) -- Hong Kong is one of the largest financial centers in Asia and a leading global hub for technology innovation.
  • The event, organized by BitValue Capital, aimed to promote international communication and collaboration in blockchain technology, enhance understanding and awareness of blockchain technology.
  • To further promote the healthy and sustainable innovation of Web3.0 globally, BitValue Capital announced its $100 million Web3.0 venture capital fund last year.
  • - Local company registration and regulatory compliance to ensure that our incubators are operating legally and efficiently in Hong Kong.

First Shenyang Global PE Forum Held Successfully in Hunnan District, Shenyang City

Retrieved on: 
Thursday, April 13, 2023

SHENYANG, China, April 13, 2023 /PRNewswire/ -- The first Shenyang Global PE Forum (SGPEF) kicked off in Hunnan district, Shenyang city on April 8, 2023.

Key Points: 
  • SHENYANG, China, April 13, 2023 /PRNewswire/ -- The first Shenyang Global PE Forum (SGPEF) kicked off in Hunnan district, Shenyang city on April 8, 2023.
  • This was the first time that the forum took place outside of Beijing and was held with a success in Shenyang.
  • Yan Zhanfeng, Secretary of the CPC Hunnan district committee, made an introduction to the Hunnan Technology City (HTC).
  • Over 500 delegates from related areas of Shenyang city, departments directly controlled by Shenyang municipal government, colleges, research institutes as well as high-tech firms, attended the forum.

BitValue Capital Invests $10 Million in IOST to Advance Web3 and AI Integration

Retrieved on: 
Tuesday, April 4, 2023

Canadian Web3 investment firm BitValue Capital announces a strategic partnership with IOST through a $10 million USD long-term investment aimed at enhancing IOST’s mainnet capabilities and supporting the continuous development of its ecosystem.

Key Points: 
  • Canadian Web3 investment firm BitValue Capital announces a strategic partnership with IOST through a $10 million USD long-term investment aimed at enhancing IOST’s mainnet capabilities and supporting the continuous development of its ecosystem.
  • Upon its mainnet upgrade, IOST will achieve higher throughput and availability, becoming a true Web3 blockchain operating system.
  • In IOST 2.0’s subchains, the AI Native Blockchain will have vast potential for development with the integration of Web3 and AI technologies.
  • BitValue Capital’s investment in IOST is based on the project’s strengths and potential in the blockchain sector, as well as a profound understanding of the prospects for Web3 and AI integration.

First VanEck Southern California Blockchain Conference 2022 Amplifies Community Connectivity

Retrieved on: 
Sunday, January 22, 2023

With more than 1,200 participants and dozens of sponsors and partners, the two-day summit of the inaugural 2022 VanEck Southern California Blockchain Conference was a resounding success.

Key Points: 
  • With more than 1,200 participants and dozens of sponsors and partners, the two-day summit of the inaugural 2022 VanEck Southern California Blockchain Conference was a resounding success.
  • Blockchain@USC coordinated with the USC Marshall School of Business and VanEck to foster communication and alliances through insightful programming and speakers, helping forge connections between the regional blockchain community and USC students.
  • Hosted November 10th and 11th at the University of Southern California campus, the VanEck Southern California Blockchain Conference featured many events, including expert panels, demonstrations, workshops, and networking meetups.
  • Apart from the informative and educational sessions, the conference promoted one-on-one engagement opportunities for participants designed to expand their networks via social events.