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Kai-Fu Lee’s Sinovation Ventures raises $674 million for venture capital funds with anchor investment from Foxconn

1 month ago
Sky Canaves
inovation, formerly known as Innovation Works, has been betting aggressively on artificial intelligence, putting $100 million into 25 companies over the last three years.
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.

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