China Startups Sensing Report
Startup Strategy Team
Next Demo Development Monthly Market Sensing Report [2016-1-4]
Comment& Perspective
WeChat overload, Momo’s challenges, the social network space still needs to return to the point of demand(12/31,36kr)
This article basically analyzes the concept of the Chinese social market in 2015, from WeChat to Momo entering the deep waters of social media, tonice, Footnote, and young people’swecut. Social networking still follows old logic; social entrepreneurship cannot be called a life-and-death struggle. If one more community survives, life gains a bit more color and fun. Keep it up, entrepreneurs, as2016 has already passed3 days!
Y Combinator’s Ultimate Guide to Entrepreneurship: Secrets to Building Strong Execution(12/30,36kr)
This article comes from Sam Altman, the head of the world’s top startup incubator Y Combinator. He distills and organizes years of experience in incubating startup projects, providing entrepreneurs with a complete system for entrepreneurship from the aspects of ideas, teams, products, and execution. The execution part includes: 【Growth】, 【Focus and Grit】, 【CEO’s Responsibilities】, 【Recruitment and Management】, 【Competitors】, 【Profitability】, and 【Financing】
All great creations come from mutual borrowing and imitation between industries(12/30,36kr)
To put it bluntly, great ideas are copied. Whether it’s Starbucks or Tencent, they all stem from imitation, and combining it with one’s own situation to create is a pragmatic philosophy that Demo++ adheres to.
2015 Tencent’s entrepreneurial personality rankings for the second half of the year,35 companies valued at150 billion(01/04,猎云网)
Tencent’s “Father of Street View” Ning Yongqiang’s Weijing Tianxia obtained50 million angel financing, breaking Tencent’s angel round financing record; Tang Xin’s Yingweinuo receivedB round financing of 200 million RMB, Zhang Dexiang’s Jiwowang received100 million RMB inA round financing, Liu Yingqi’s Leshu received no less than100 million RMB in B round financing, Zhang Xingliang’s EC Yingketong received100 million RMB in B round financing, Lin Mingjun’s Haitao Che obtained tens of millions of dollars in A round financing, and Hu Maowei’s Yuedongquan received100 million RMB in B round financing.
Throughout2015, 500 Startups only invested in one project in mainland China. Why?(12/31,36Kr)
On December 18, 500 Startups signed a strategic cooperation agreement with Hangzhou Future Technology City, planning to deeply layout the Chinese market, mainly focusing on two points: 1 to invest in more domestic projects through funds + government and cooperative institution resources; 2 to initiate a project for entrepreneurs and investors to communicate between Hangzhou and Silicon Valley. This includes promoting Chinese investors to invest in Silicon Valley projects, helping Chinese projects go international, assisting Silicon Valley projects to enter China, and facilitating Silicon Valley investors to come to China for “reverse study tours.”
Investments in China: Cross-border book publishing platformFiberead (Fiberead has revenue, data, and a clear business model — 500 Startups’ investment requirement), and500 Startups will invest125,000 USD at a fixed price for a 5% stake in the accelerator project with only a 5% dilution rate. This financing brings real value through cash, accelerator guidance, startup investment community, international resources, and various forms of assistance.
Startups Trend
Zhao Yong from Zero One Venture: C2B will be the trend in various industries (Zero One Venture’s investment cases include: transportation management collaborative platform “Che Man Man,” mobile freight logistics platform “Huo La La,” auto parts B2B “Yi Pei Tong,” vegetable B2B platform “Bi Cai Jia,” B2B fabric sourcing platform “Sou Ya,” O2O on-site car maintenance “Ka La Ding,” cross-border e-commerce guide “Lu Kou,” women’s lingerie e-commerce “Yang Qi,” blue-collar recruitment in service industry “Xiao Mei Technology,” mobile ordering platform “Qu Chi Fan,” foreign trade CRM “Xiao Man Technology,” smart office routing “Ji Qi Technology,” mobile game developer “Beijing Tianma Shikong”)(12/31,36Kr)
Blockchain: The soul of Bitcoin, the next windfall (Bitcoin, as the most successful digital cryptocurrency in recent years, has attracted global attention. Unlike other digital currencies, Bitcoin uses a decentralized distributed network made up of numerous nodes to record transaction information. The key here is blockchain: a technology that may bring huge changes to the financial industry and other sectors in the next decade)(11/27,创业邦)
2015’s top ten most influential cryptocurrency research papers(12/30,36kr)
Where do seed venture capitalists and entrepreneurs go to find the next consumer industry unicorn?(12/30,36kr)
CES 2016 Preview: These 10 startups may become dark horses (7. Kidoz is a company that creates application stores tailored for children, primarily operating three product lines: one Kidoz software development kit; one Kidoz model that allows children to explore applications themselves; and a Kidoz network that ensures children can safely browse the internet; 8 Novasentis attempts to change the status quo of consumer electronics through haptic feedback tools. The company produces a film that can change shape, allowing users to activate feedback devices with a gentle touch.)(11/27,创业邦)
Team Service Category
React Native – currently the hottest front-end technology (12/28,next)
100kuai provides not only salaries but also subsidies; the part-time platform 100kuai has obtained 10 million RMB in angel financing (01/03,next)
Other Interesting Products
Line Live: LINE’s new video live streaming service combines stars and TV shows (12/30,next)
LUX uses 5-second short videos to package creative products; LUX is somewhat like Instagram in the e-commerce space (12/30,next)
LattePanda surpasses “Raspberry Pi,” allowing you to carry Windows 10 in your pocket (11/28,next)
3. Entrepreneurial Highlights
(Startup financing, major events, latest research reports, data, and facts, etc.)
Domestic Market (Investment and Financing)
Corporate Services: If corporate services are done well, employee efficiency can be improved, and everyone can earn money
Tencent’s YouTest uses three floors to host a thousand phones for remote rental by developers (12/31,36Kr)
Mobile APP testing requires testing after development. Currently, the mainstream testing platforms are mostly manual + automation methods, but there are many problems. Real machine testing is more comfortable. Tencent has set up a testing platform with 1000 phones on three floors in Dalian, providing it for free to developers. Why is this field important? Because mobile testing is a necessity; the saying goes, whoever has the developers has the world, and Tencent’s efforts in this area are not trivial.
“Magic Wifi” enters the blue-collar market from factory Wi-Fi, currently under review for new three board financing (12/31,36Kr)
Magic Wifi officially enters factories and dormitories, providing routers, bandwidth, construction, and a complete set of solutions for free, covering over 20 cities in the Pearl River Delta and Yangtze River Delta. User daily activity is at 30%, weekly activity at 50%, and is currently under review for new three board financing. Factories are now listing with just a Wifi setup!
Tencent’s Bugly not only detects crashes but also distributes internal tests (12/31,36Kr)
One-click upload allows easy sharing to QQ / WeChat for direct installation, making it hard for 2D service providers to survive.
Medical marketing company eDoctor has secured millions of dollars in A round financing (11/28,创投时报)
eDoctor, a well-established company with eleven years of history, was founded in 2004 and has grown to a scale of 240 employees. eDoctor has always focused on digital marketing in pharmaceuticals, facilitating effective communication between pharmaceutical companies, doctors, and patients, as well as managing pharmaceutical representatives.
“Zhichi Technology” has secured IDG’s 5 million USD A round, adding a “work order” feature (12/30,36kr)
Zhichi Technology does not do voice recognition itself; the voice recognition part converts voice to text using technologies from companies like iFlytek. Zhichi’s work is to reduce the workload of enterprise customer service and improve efficiency, which involves combining text analysis with business.
HelloCareer has secured 3 million RMB in angel round financing, with investment from a well-known domestic institution.HelloCareer is a comprehensive human resources service provider focused on providing international talent recruitment solutions for enterprises.
Starting from customized coupons, “全民免费” has secured millions of RMB in Pre-A financing (12/28,36kr)
“全民免费” provides a platform for users to obtain various merchant coupons for free, currently gathering over 1200 merchants across e-commerce, life, and O2O sectors. For B-end merchants, “全民免费” serves as a channel for acquiring new customers, helping them improve their order conversion rates.
AR/VR:
Planning for 2016 and expecting an explosion
VR content company Conductor has secured millions of dollars in Pre-A round financing (12/30,36kr)
Conductor started by creating model homes for VR, having completed over 50 model homes. The profits are sufficient to sustain the team, and they are preparing to enter the film directing field.
Nibiru has secured 80 million RMB in B round financing and jointly released a dual-system VR all-in-one machine with Intel (12/30,36kr)
Nibiru mainly provides software for mobile VR devices, ROM, and SDK, among other technical support. The all-in-one machine released this time is a collaborative effort with Intel and hardware manufacturers, based on Intel processors, capable of running both Windows and Android.
威尔熊: Cutting into the VR industry, producing 360° dynamic panoramic video content (01/04,猎云)
威尔熊 is a content production company for 360° videos, including creative, shooting, post-production, and a series of processes. Starting from content production, they ultimately plan to build a video website and mobile platform; the 威尔熊 team is based in Xiamen and Taiwan, with Taiwanese shareholders primarily providing funding and technical resources. In addition to the founder, there are two post-production staff in Xiamen, and they are planning to expand the team size.
Big Data
Big Data, Big Future
Can content based on esports data create an esports “虎扑”? (12/29,36kr)
玩加赛事 is a player focusing on esports event data, differing from tools like LOL Box and Max+, which are more tool-oriented. 玩加赛事 is more like a vertical content platform based on event data.
The diabetes management platform 微糖 has completed tens of millions of dollars in B round financing, led by 医渡云 (12/28,36kr)
微糖’s investors in this round are led by 医渡云, a medical big data and wearable device company, marking the strategic direction for 微糖’s work in 2016.
Cybersecurity
We’ve been running naked on the internet for many years
青藤云安全, which focuses on “adaptive security,” has secured 60 million RMB in A round financing (12/28,36kr)
青藤云安全 focuses on adaptive security, with products in the form of cloud-based SaaS solutions. The features include relatively simple deployment, yet adaptability to various business scenarios, making security truly applicable.
青藤云安全 deploys an agent program on the enterprise server, which analyzes the assets owned by the enterprise from the server itself and traffic, including the data owned by the enterprise, the necessary infrastructure, and technology applications, solving the problem of enterprise invasions.
青藤云安全 collaborates with the previously reported “知安” team.
GeekSpace
We believe geeks will change the world, now and forever
Building the “Google Glass” for sports, Snapdragon Technology has secured millions of RMB in A round financing (12/28,36kr)
“Snapdragon Technology” focuses on AR smart glasses, with the first product being AR smart glasses specifically designed for sports, featuring functions such as sports recording, near-eye display of sports information, real-world navigation, and making phone calls.
云树, a psychological counseling mutual aid platform, has completed 2 million angel financing (01/02,猎云)
云树 is a psychological counseling mutual aid application aimed at building a communication bridge between individuals seeking psychological help and counselors. Launched in August 2014, 云树 has already gathered over 300,000 users. The entire team consists of 37 members, mainly from Tianya Community and Baidu. In terms of revenue model, besides taking commissions, offline activities are also a major revenue direction.
International Market (Investment and Financing)
[Silicon Valley, USA]
Data mining company D square nv has completed 5 million euros in B round financing (01/01,36Kr)
D square nv provides data mining application software and performance optimization solutions, helping factory management departments detect, analyze, and solve key bottlenecks in process industries, achieving or exceeding even the most stringent production goals. D square nv packages business consulting, data mining, and innovation into real-time software products, providing support and interaction at every operational stage.
Recruitment analysis platform Fama has secured 1.5 million USD in seed round financing (12/31,36kr)
Fama is a cloud-based SaaS platform that provides actionable insights into job seekers’ digital footprints. Fama filters job seekers’ digital footprints and social media backgrounds through specialized technology, enabling companies to gain a more comprehensive understanding of job seekers and assess the risks of hiring them.
Cue has received investment, with the investor being Dentsu Capital, although the specific amount has not been disclosed. Cue is based in San Diego and mainly develops health tracking devices, having also developed a health monitoring platform (01/01,猎云)
4. Notes (Additional Content)
[1] Year-end mega gift: 2015 Wuhan Startup Guide (Super useful)
[2] 2015 Most Popular Products on Product Hunt
[3] 趣玩 released “2015 Smart Hardware User Report,” interpreting the new trends of smart hardware in 2015
[4] 快约 secured 20 million in Pre-A round investment; is spring coming for domestic followers of Thumbtack?
[5] SF Express layoffs resurface, reports indicate turbulence in all five major business units
[6] Not just APM services, performance geeks use SaaS to cut from the front end
[7] Unlock your entangled seals; can emotional voting create IP?
[8] Action: Using chat to play text role-playing, with IP potential content being the new original land
[9] H3Y!: A post-00s entrepreneur creates a social application with a group of post-90s
[10] Companies struggling to find good employees?猎公社 creates a human resource service trading platform based on credit mechanisms
[11] Financing in the tens of millions, 2.4 million users, refusing to burn money, the yoga app he founded is always profitable
[12] What else can books do besides reading? Let’s talk about those unconventional books
[13]望客 secured 150 million in B round financing, using the internet to reconstruct the glasses industry
[14] Does company operation changes always require layoffs? Step5 creates a talent leasing outsourcing service platform
[15] Aggregating entrepreneurial service resources, “创业猫” aims to create a one-stop entrepreneurship service platform
[16] Do you think games will make VR popular? Actually, social networks are the trigger point
[17] Yarn: Cutting videos into animated gifs, easily sharing interesting moments
[18] Wang Xiao from Jiuhe Ventures discusses AR/VR entrepreneurship: Startups have no chance in basic hardware
[19] MIT Technology Review: Top ten technological breakthroughs of 2015
[20] Venture capital predictions: These 36 startups will thrive in 2016
[21] Under the shared economy, ZAMA crowdfunding wants to provide another way to realize dreams through collective wisdom
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