BRV

BlueRun Ventures China Announces Rebranding to Lanchi Ventures

Retrieved on: 
Wednesday, September 13, 2023

BEIJING, Sept. 12, 2023 /PRNewswire/ -- BlueRun Ventures China ("BRV China" or "company"), a leading early-stage technology-focused venture firm, today announced that it is changing its English brand to Lanchi Ventures.

Key Points: 
  • BEIJING, Sept. 12, 2023 /PRNewswire/ -- BlueRun Ventures China ("BRV China" or "company"), a leading early-stage technology-focused venture firm, today announced that it is changing its English brand to Lanchi Ventures.
  • The company has launched a new website www.lanchiventures.com to provide greater clarity and differentiation from BlueRun Ventures (BRV), the venture capital firm headquartered in Silicon Valley.
  • BRV China differentiates by investing early, focusing on technology and taking a long-term view in partnering with Chinese founders.
  • Since entering China, BRV China team has used a distinctive Chinese brand and will continue using it as it is well recognized by Chinese entrepreneurs in China.

Bluerun Ventures China holds Explorer Day in Hong Kong

Retrieved on: 
Friday, July 21, 2023

HONG KONG, July 21, 2023 /PRNewswire/ -- BlueRun Ventures China (BRV China), a leading early-stage technology-focused venture firm, held Explorer Day in Hong Kong on July 19 to share views on opportunities and challenges from various sectors under the theme of "Artificial Intelligence Skyrocketed: Capturing the Next Trillion-dollar Opportunity".

Key Points: 
  • HONG KONG, July 21, 2023 /PRNewswire/ -- BlueRun Ventures China (BRV China), a leading early-stage technology-focused venture firm, held Explorer Day in Hong Kong on July 19 to share views on opportunities and challenges from various sectors under the theme of "Artificial Intelligence Skyrocketed: Capturing the Next Trillion-dollar Opportunity".
  • The event was organized in partnership with InvestHK, the Greater Bay Area Homeland Investments Limited, Hong Kong Cyberport Management Company, and with support from HKAI Lab.
  • In his opening speech, Jui Tan said that Hong Kong, as an international financial center and business hub, holds a unique strategic position.
  • Going forward, BRV China remains fully committed to collaborating with global entrepreneurs to fully immerse in this historic wave of technological innovation.

Dundee Corporation Returns to Profit in 2022 and Announces Fourth Quarter and Year-End Results

Retrieved on: 
Wednesday, March 29, 2023

TORONTO, March 28, 2023 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months and year ended December 31, 2022.

Key Points: 
  • TORONTO, March 28, 2023 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months and year ended December 31, 2022.
  • Reported net income from investments for the fourth quarter of 2022 of $39.9 million (2021 – $12.1 million).
  • For the year ended December 31, 2022, the Corporation reported net income from investments of $53.6 million (2021 – loss of $38.5 million).
  • At December 31, 2022, Dundee 360’s carries its investment in the joint venture at $6.8 million (2021 – $7.6 million).

BreezeML Raises $4M Seed to Automate and Virtualize Cloud AI Deployments

Retrieved on: 
Tuesday, December 6, 2022

BreezeML helps organizations, large and small, through the entire life-cycle of deploying and managing ML training and inference jobs.

Key Points: 
  • BreezeML helps organizations, large and small, through the entire life-cycle of deploying and managing ML training and inference jobs.
  • From there, BreezeMLs research-backed platform provisions resources, deploys jobs, and automatically scales jobs and manages clusters to meet developer requirements while keeping costs to a minimum.
  • On the one hand, BreezeML allows developers to focus on their applications, without worrying about infrastructural minutia and job management.
  • On the other hand, it allows cloud managers to effectively schedule jobs to improve resource availability, without needing to see user code and job details.

BRV Capital Announces Launch of Mobility Fund I Enabling New Markets to Capture the Momentum of Electronic Vehicle Production

Retrieved on: 
Wednesday, December 14, 2022

NEW YORK, Dec. 14, 2022 /PRNewswire/ -- BRV Capital, a tech-focused growth equity arm of BlueRun Ventures, today announced the launch of a new fund, Mobility Fund. Leveraging over 24 years of consistent and deep global investment track record in mobility, the fund opens up and targets unique investment opportunities driven by disruptions in world wide electronic vehicle (EV) supply chain due to geopolitical tensions across the globe, and surging demand on advanced connected and autonomous cars and IoT. BRV Capital will allocate Mobility Fund I's capital to winning companies in mission critical growth segments within the EV ecosystem with proven high entry barrier technology and economy of scale capabilities, as well as industry disruptive innovations.

Key Points: 
  • BRV Capital is leveraging this momentum to expand our presence in the United States, London, Singapore, and Taiwan as a leader in EV investing," said Kwan Yoon, CIO of BRV Capital.
  • BRV Capital's Mobility Fund I is an extension of its Asia focused growth equity fund, BRV Lotus Fund III, as the global opportunity in the EV sector exponentially.
  • BRV Capital Management (BRV Capital) is a tech-focused growth equity arm of BlueRun Ventures, with highly localized presence in Asia.
  • BRV Capital closed its third Asia-focused fund, BRV Lotus Fund III, in 2021 and will continue to focus on cross-border value creation leveraging BRV's deep and long investment insight into mobility.

BRV Capital Announces Launch of Mobility Fund I Enabling New Markets to Capture the Momentum of Electronic Vehicle Production

Retrieved on: 
Wednesday, December 14, 2022

NEW YORK, Dec. 14, 2022 /PRNewswire/ -- BRV Capital, a tech-focused growth equity arm of BlueRun Ventures, today announced the launch of a new fund, Mobility Fund. Leveraging over 24 years of consistent and deep global investment track record in mobility, the fund opens up and targets unique investment opportunities driven by disruptions in world wide electronic vehicle (EV) supply chain due to geopolitical tensions across the globe, and surging demand on advanced connected and autonomous cars and IoT. BRV Capital will allocate Mobility Fund I's capital to winning companies in mission critical growth segments within the EV ecosystem with proven high entry barrier technology and economy of scale capabilities, as well as industry disruptive innovations.

Key Points: 
  • BRV Capital is leveraging this momentum to expand our presence in the United States, London, Singapore, and Taiwan as a leader in EV investing," said Kwan Yoon, CIO of BRV Capital.
  • BRV Capital's Mobility Fund I is an extension of its Asia focused growth equity fund, BRV Lotus Fund III, as the global opportunity in the EV sector exponentially.
  • BRV Capital Management (BRV Capital) is a tech-focused growth equity arm of BlueRun Ventures, with highly localized presence in Asia.
  • BRV Capital closed its third Asia-focused fund, BRV Lotus Fund III, in 2021 and will continue to focus on cross-border value creation leveraging BRV's deep and long investment insight into mobility.

BRV China Holds Singapore Explorer Day at SMU

Retrieved on: 
Thursday, September 29, 2022

SINGAPORE, Sept. 29, 2022 /PRNewswire/ -- BlueRun Ventures China (BRV China), a leading early-stage technology-focused venture firm, yesterday hosted Explorer Day in Singapore in collaboration with the Institute of Innovation & Entrepreneurship of Singapore Management University and SGInnovate, a government-owned innovation platform in Singapore to support deep technology entrepreneurship. The event brought together more than 80 founders and pioneers – local entrepreneurs, government associations, academics and venture capitalists – who discussed the company's global investment strategy and emerging trends in the fields of artificial intelligence (AI), enterprise services, Web3, robotics and the global expansion plans of start-ups.

Key Points: 
  • Brings Together Leading Entrepreneurial Minds Across China, Southeast Asia, North America
    SINGAPORE, Sept. 29, 2022 /PRNewswire/ --BlueRun Ventures China (BRV China), a leading early-stage technology-focused venture firm, yesterday hosted Explorer Day in Singapore in collaboration with the Institute of Innovation & Entrepreneurship of Singapore Management University and SGInnovate, a government-owned innovation platform in Singapore to support deep technology entrepreneurship.
  • BRV China remains bullish on the long-term prospects of key frontier areas such as AI, robotics, new energy solutions and biotechnology (powered by innovative algorithms).
  • BlueRun Ventures China (BRV China) is a leading early-stage venture firm in China with offices in Beijing and Shanghai.
  • BRV China focuses on investing in entrepreneurs who create a sustainable impact through technological innovations across enterprise services, transportation and smart machine, digital healthcare, and consumer technology sectors in China.

BRV China-Backed HPC-AI Tech Completes $6 Million Seed and Angel Round Financing

Retrieved on: 
Wednesday, September 14, 2022

BEIJING, Sept. 14, 2022 /PRNewswire/ -- HPC-AI Tech, an artificial intelligence high-performance optimization platform, recently closed $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.

Key Points: 
  • BEIJING, Sept. 14, 2022 /PRNewswire/ -- HPC-AI Tech, an artificial intelligence high-performance optimization platform, recently closed $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.
  • Founded in Beijing in 2021, HPC-AI Tech has established an overseas R&D center in Singapore and is focused on the enterprise AI market.
  • Colossal-AI efficiently promotes the application of large AI models on the ground and helps enterprises achieve low-cost AI intelligent solutions.
  • "As an early-stage investor of HPC-AI Tech, BRV China is pleased to see that HPC-AI Tech has been recognized by many users in terms of its product development and global open source ecology.

Korea Blockchain Week 2022 Kicks Off in Seoul

Retrieved on: 
Sunday, August 7, 2022

Seoul, South Korea--(Newsfile Corp. - August 7, 2022) - Asia's largest blockchain event, Korea Blockchain Week (KBW 2022) , will kick off in Seoul, South Korea.

Key Points: 
  • Seoul, South Korea--(Newsfile Corp. - August 7, 2022) - Asia's largest blockchain event, Korea Blockchain Week (KBW 2022) , will kick off in Seoul, South Korea.
  • Wemade is an aggressive player in expanding its ecosystem with 'Global no.1' blockchain platform-Wemix as the backdrop.
  • More than 100 key stakeholders in the blockchain industry from home and abroad will attend this year's event.
  • Korea Blockchain Week is in its 5th year and is hosted by FactBlock, a blockchain community builder, and co-hosted by Hashed, a blockchain venture capital.

BRV China-Backed Apache DolphinScheduler Completes Nearly Ten Million USD Angel Round Financing

Retrieved on: 
Thursday, July 21, 2022

BEIJING, July 21, 2022 /PRNewswire/ -- Apache DolphinScheduler, the next-generation cloud native DataOps platform, hasrecently raised a nearly ten million USD in angel round financing by Kaitai Capitaland its seed round investor BlueRun Ventures China ("BRV China").

Key Points: 
  • BEIJING, July 21, 2022 /PRNewswire/ -- Apache DolphinScheduler, the next-generation cloud native DataOps platform, hasrecently raised a nearly ten million USD in angel round financing by Kaitai Capitaland its seed round investor BlueRun Ventures China ("BRV China").
  • Apache DolphinSchedulerwas founded in August 2021 by the Apache Software Foundation members and some of the world's leading data experts.
  • "Managing the vast amount of data collected from various sources has become a challenge for companies," said BRV China Venture Partner Jimmy Shi.
  • BlueRun Ventures China (BRV China) is a leading early-stage venture firm in China with offices in Beijing and Shanghai.