Jan 2024 | Shakedown of China's Venture Capital Industry

Hi LinkedIn friends,

Happy 2024! As we greet the new year, looming questions remain on the outlook for Venture Capital in 2024 - optimism around?the revival of IPO markets,?early indications of a recovery in funding, all against a backdrop of an uncertain macro-environment.

In our?video interview?with Zhijin Xia , Managing Partner Vertex Ventures China, he shares on the state of the venture capital in China as investors tighten expectations on VC firms as VC firms attempt to shift away from consumer technologies to deep tech. Our team from Vertex Ventures US also shares their predictions for 2024?in this article?- more startups failing to survive, an M&A bonanza and worsening cyberattacks powered by AI.?

PS - We would love to hear your thoughts on?Vantage?and what you'll like to see more of in 2024. Let us know your feedback?here!?

Want to find out what our Vertex portfolio companies have been up to? Read the full list of news?here.?

Portfolio Highlights

地平线 (CN & Growth) announced Carizon, a joint venture with Volkswagen's CARIAD to develop autonomous driving

Navina (IL) named in CB Insights “The Digital Health 50: The most promising digital health companies of 2023”

瑞科生物 (CN) achieved positive results in the interim analysis of first-in-human clinical trialfor the development of shingles vaccine REC610

Vectara (US) launched Boomerang: The Next-Gen Large Language Model Redefining GenAI Accuracy

Validus (SEAI & Growth) received USD 20M in funding from 01Fintech, a Hong Kong-based growth-stage private equity (PE) firm

Certa.ai (SEAI) partnered with Castellum.AI to provide compliance and procurement professionals with enhanced financial crime risk data

Read the full list of news

Vertex Perspectives: What we're thinking

Vertex Ventures US shares their startup predictions for 2024 - A much tougher market, a new wave of M&A, and the looming threat of a cyberattack

Chan Yip PANG shares his insight in this Hard Truths Podcast episode on Malaysia's context in unlocking the Trillion dollar SEA Startup Ecosystem

Chase Roberts on LoRA: The Efficient Fine-Tuning for LLMs you should know

Watch: The Growing Cybersecurity Threat to Rail Networks with Cylus

As rail systems become more technologically advanced and interconnected, they become susceptible to cyber threats that could compromise operational integrity, passenger safety, and data security.

Amir Levintal , CEO and Co-Founder of Cylus , shares more on how threat actors can cripple rail networks.

Thoughts,?an interesting story to share or want to get connected?

We'll love to hear from you. Drop us a note at [email protected]

Vertex Holdings is a global venture capital platform comprising of 6 network funds.

Vertex Ventures China | Vertex Growth | Vertex Ventures HC |

Vertex Ventures Israel | Vertex Ventures SEA & India | Vertex Ventures US