Oakseed Venture’s portfolio, Resnics Technology, a leading provider of Data Processing Unit (DPU) chipsets in China, announced the completion of Series A financing. This round of financing raised hundreds of millions of RMB and was completed at a significant multiple of the previous, which only closed about six months ago. The round was co-led by...
Category: Investments
Oakseed Ventures Announces First Closing of Core Tech Fund
Core Tech Fund will seed startups emerging from US-China tech decoupling SHANGHAI, June 6th 2022 (NewswireNext) – Oakseed Ventures announces the first closing of a new fund to continue seeding unparalleled core technology startups that will be highly sought after by Chinese venture capital in subsequent rounds. Oakseed Core Tech Fund will back highly technical...
Resnics Technology, leader in DPU chipsets, completes Pre-A financing
Recently, Resnics Technology, a leading Chinese DPU chipset company, announced the completion of Pre-A financing. This round of financing was co-led by Oakseed Ventures and Lenovo Capital, with Grit Ventures, Dingxin Capital, Oriental Fortune Capital, FAW Lihe VC and angel investors participating. It will further accelerate Resnics Technology’s leading position in the area of smart...