Founded in 2009 by Dr. Kai-Fu Lee, Sinovation Ventures has become a leading tech VC firm in China, managing over $2.7 billion funds. The firm invests in various sectors including artificial intelligence, big data, robotics, and education technology. With a unique "TECH VC" model, Sinovation Ventures combines professional teams, international networks, and in-house AI technology experts. In 2016, the firm launched its Artificial Intelligence Institute, which focuses on developing technology, talents, and venture building in the AI field. Sinovation Ventures' areas of investment include artificial intelligence & deep tech, robotics/automation, semiconductor, enterprise software, healthcare tech, new energy, and digital lifestyle areas.