MENLO PARK, Calif., March 29, 2016 /PRNewswire/ -- Peakview Capital, the investment advisory arm of Shengjing Group and the largest global fund of funds (FoF) investing Chinese capital, announced today the U.S. regional search for startups to submit for the second annual Global Innovation Awards (GIA), in partnership with F50, a venture capital syndication platform. The awards, which kicked off today during the F50 Global Capital Summit, were created to honor the best startups across the globe. Dozens of innovative companies will compete simultaneously in the United States, China, Israel, and Europe for the opportunity to secure multi–million dollar investments.
The Global Innovation Awards presents an extraordinary opportunity to compete against innovative startups from around the world, gain significant exposure in global markets, and raise capital from leading international investors. Winners will receive cash prize awards up to $1.5M USD and a guaranteed investment from a $25M fund established by Peakview Capital, as well as national exposure to investors and the largest growth companies in China.
Submissions will be accepted from today until June 1 via https://f50.io/gia/. The final competition will take place on August 9th and 10th in Beijing, China.
"The goal of the Global Innovation Awards is to identify the most promising, innovative startups globally, open doors and support them, and to help them grow into market-leading companies," said Erik Lassila, U.S. Managing Partner, Peakview Capital. "Startups from last year's competition have made tremendous progress. We're delighted to be part of the growing impact these companies are having on their industries."
The competition is open to startups in all high-growth industries. Some sectors Peakview is following with interest include:
- VR & AR
- Big Data
- Health Tech
- And more!
"Winning the first prize at GIA 2015 was an amazing experience and gave us the opportunity to introduce DiaCardio's technology to new global markets, meet key investors that resulted in significant strategic opportunities and help us build and grow into a successful company," said Hila Goldman-Aslan, co-founder & CEO, DiaCardio.
The top finalists from GIA 2015 include the following startups:
- DiaCardio (Israel)
- Ping++ (China)
- Datometry (USA)
- Brilent (USA)
- Wayerz (Israel)
"F50's goal is to find the most innovative startups and assist founders raise global capital, which is why we are honored to be a partner of the Global Innovation Awards as it will bring forth amazing companies ready to take their business to another level," says David Cao, Founder and CEO of F50.
About Peakview Capital
Peakview Capital (http://peakview.capital) is the investment arm of Shengjing Group, an investment advisory and management consulting firm headquartered in Beijing. Peakview manages China's largest global venture capital fund of funds, investing over $1 billion per year into venture capital, growth capital and private equity funds in the US, China and Israel. Peakview also has a direct VC investment practice focused on cooperation with its partner VC funds. Peakview's mission is to facilitate high-performing private equity investments for its clients and to assist partner VCs and their portfolio companies to succeed in China. With a consistent approach to identifying industry-leading innovation on a global level, Peakview has formed long-term partnerships with dozens of the world's most talented investors. In 2015, Peakview/Shengjing was honored by ChinaVenture as China's "Best Performing Fund of Funds."
Founded in March 2014, F50 is a venture capital syndicate dedicated to finding and funding the next generation of startups in collaboration with its network of top venture capitalists and strategic corporate investors from Silicon Valley, China and around the globe. F50 helps the most promising startups raise growth capital of $1 to $5 million or more via its private co-investment syndication platform.
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SOURCE Peakview Capital