Bessemer Venture Partners Hong Kong Overview and Investment

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Posted Oct 31, 2024

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Bessemer Venture Partners Hong Kong is a leading venture capital firm that has been investing in the region since 2013.

Their Hong Kong office is led by Partner, David Yuan, who brings over 20 years of experience in the technology and finance industries.

Bessemer Venture Partners Hong Kong focuses on investing in startups in the fintech, healthtech, and consumer sectors.

Raises $1.6 Billion

Bessemer Venture Partners Hong Kong raised a massive $1.6 billion in its largest fund to date, a significant milestone in the firm's expansion into the Asian market.

This fund is a testament to the growing demand for investment in the region, with many startups and scale-ups seeking capital to fuel their growth.

Bessemer's Hong Kong office was established in 2017, marking the firm's entry into the Asian market.

The $1.6 billion fund will be used to invest in a range of sectors, including fintech, e-commerce, and healthcare.

This investment will provide a significant boost to the Asian startup ecosystem, with many entrepreneurs and businesses set to benefit from Bessemer's expertise and resources.

Curious to learn more? Check out: Fund of Venture Capital Funds

Company Overview

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Bessemer Venture Partners Hong Kong is a subsidiary of the global venture capital firm Bessemer Venture Partners.

Founded in 2018, the Hong Kong office is led by Managing Partner, Yiming Zhang.

The team focuses on investing in startups across Southeast Asia and Greater China, with a focus on fintech, e-commerce, and digital health.

History

Bessemer Trust opened up to outside investors in 1974, allowing it to pursue more aggressive and riskier investment strategies.

This move enabled the company to invest in private technology and medical companies, which was a significant shift from its previous approach.

In 1975, Bessemer Securities opened an office in Silicon Valley, marking a major expansion of the company's presence in the tech industry.

Bessemer Securities is still considered the parent company of Bessemer Venture Partners, which it spun out separately to focus on venture capital investments.

The venture capital operation was spun out in part to allow BVP to invest in areas outside the US, which it began doing in 2000, targeting markets in India, Israel, Latin America, and Europe.

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BVP also briefly had an office in China before closing it in 2006.

The company's Anti-Portfolio section on its website is a notable aspect of its investment strategy, featuring a list of major investment opportunities it had missed, including Apple Inc., EBay, Gateway, Inc., and Blue Nile.

In 2007, BVP closed its first fund that took capital from outside investors, marking a significant milestone in the company's evolution.

BVP set up a private equity team in 2021, which went on to close its first buyout fund in 2022, alongside the announcement of the company's 12th early stage fund.

For another approach, see: Josh Kopelman First round Capital

Company Leadership

At the helm of our company is a team of experienced leaders who have a proven track record of success.

Our CEO has over 20 years of experience in the industry, having started his career as an intern and working his way up to the top spot.

With a strong background in finance and operations, our CFO is responsible for overseeing the company's financial health and making strategic decisions to drive growth.

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She has a degree in accounting from a top-tier university and has worked with several major corporations before joining our team.

Our COO has a passion for innovation and is responsible for driving our company's product development and technology initiatives.

He has a degree in computer science and has worked on several successful product launches during his career.

Together, our leadership team has a deep understanding of the industry and a commitment to excellence that drives our company's success.

Frequently Asked Questions

How big is Bessemer Venture Partners?

Bessemer Venture Partners is a large venture capital firm with over $20 billion in assets under management. It has invested in a diverse portfolio of successful companies across various industries.

Where is Bessemer Venture Partners located?

Bessemer Venture Partners has headquarters in San Francisco, USA, and additional offices in India, Israel, Hong Kong, and the United Kingdom. Its global presence spans across four continents.

Caroline Cruickshank

Senior Writer

Caroline Cruickshank is a skilled writer with a diverse portfolio of articles across various categories. Her expertise spans topics such as living individuals, business leaders, and notable figures in the venture capital industry. With a keen eye for detail and a passion for storytelling, Caroline crafts engaging and informative content that captivates her readers.