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InnoSpring Seed Fund

North America, California, United States, Palo Alto

Description

InnoSpring Seed Fund, operating out of Palo Alto, California, is a distinctive technology seed fund and cross-border incubator known for its focus on bridging the innovation ecosystems between the United States and China. Established with the backing of prominent growth-stage venture capital firms such as Kleiner Perkins Caufield & Byers (KPCB), IDG Capital, Legend Capital, and Northern Light Venture Capital (NLVC), InnoSpring provides early-stage startups with not only capital but also strategic resources and incubation services.

The fund primarily targets seed and early-stage technology companies, demonstrating a broad investment appetite across sectors including Artificial Intelligence, Big Data, Cloud Computing, Enterprise Software, FinTech, Healthcare, Internet of Things (IoT), Mobile, and Robotics. Their unique value proposition lies in assisting portfolio companies with global scaling, particularly those aiming to penetrate or expand into the Chinese market, leveraging their extensive network and deep understanding of both cultures and business environments.

InnoSpring Seed Fund typically deploys first checks ranging from $50,000 to $500,000, aligning with the needs of nascent startups. Since its inception, the fund has built an impressive portfolio, investing in over 100 companies. These portfolio companies have collectively demonstrated significant growth, raising more than $1 billion in follow-on funding from various investors. This track record underscores InnoSpring's effectiveness in identifying promising ventures and providing the foundational support necessary for their subsequent growth and fundraising success.

Investor Profile

InnoSpring Seed Fund has backed more than 45 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 2% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, China.
  • Strong thematic focus on Software, Enterprise Software, Mobile.
  • Typical check size: $50K – $500K.

Stage Focus

  • Seed (69%)
  • Series A (9%)
  • Series Unknown (7%)
  • Pre Seed (4%)
  • Angel (4%)
  • Convertible Note (2%)
  • Series C (2%)
  • Series B (2%)

Country Focus

  • United States (96%)
  • Singapore (2%)
  • China (2%)

Industry Focus

  • Software
  • Enterprise Software
  • Mobile
  • Health Care
  • Artificial Intelligence (Ai)
  • Information Technology
  • Marketplace
  • E-commerce
  • Robotics
  • Internet
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does InnoSpring Seed Fund frequently co-invest with?

TSVC
North America, California, United States, Los Altos
Co-Investments: 16
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 3
FundersClub
North America, California, United States, San Francisco
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 5
AME Cloud Ventures
North America, California, United States, Palo Alto
Co-Investments: 3
Maveron
North America, California, United States, San Francisco
Co-Investments: 3
DHVC
North America, California, United States, Palo Alto
Co-Investments: 2
Kima Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 4
StartX (Stanford-StartX Fund)
North America, California, United States, Palo Alto
Co-Investments: 5

Which angels does InnoSpring Seed Fund often collaborate with?

GE
North America, California, United States, San Francisco
Shared Deals: 1
HD
North America, California, United States, Palo Alto
Shared Deals: 1
GR
North America, California, United States, San Francisco
Shared Deals: 1
KM
North America, California, United States, San Francisco
Shared Deals: 2
FG
North America, California, United States, San Francisco
Shared Deals: 1
RF
North America, California, United States, San Francisco
Shared Deals: 1
PL
Europe, Provence-Alpes-Cote d'Azur, France, Cabriès
Shared Deals: 1
GC
North America, New York, United States, New York
Shared Deals: 1
CO
North America, California, United States, San Francisco
Shared Deals: 1
LS
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by InnoSpring Seed Fund?

Ayraa

San Jose, California, United States

Ayraa is the world's first enterprise communications SaaS stack, purpose-built for reliable & structured communications in the workspace.

Artificial Intelligence (AI)Enterprise SoftwareSaaS
SeedJun 3, 2021
Amount Raised: $4,000,000
APstem Therapeutics, Inc.

Fremont, California, United States

NOVEL STEM CELL TECHNOLOGY TARGETING UNMET MEDICAL NEEDS

BiotechnologyHealth CareLife Science
SeedAug 1, 2018
Amount Raised: $1,000,000
Quanta

Singapore, Central Region, Singapore

QUANTA develop the blockchain infrastructure to provide instant liquidity many orders of magnitude faster than existing solutions.

CRMFinancial ServicesInformation Technology
Series UnknownJan 1, 2018
Audacy

Mountain View, California, United States

Audacy is a space communications service provider enabling continuous satellite and launch vehicle connectivity.

AerospaceInternetTelecommunications
Series AOct 27, 2017
Amount Raised: $5,127,172
Forever Labs

Ann Arbor, Michigan, United States

Forever Labs banks your stem cells to help you live healthier, longer.

BiotechnologyHealth CareMedicalPersonal Health
SeedSep 27, 2017
Amount Raised: $905,000
Meta View

San Mateo, California, United States

Meta View is an electronic company that provides augmented and virtual reality solutions for various businesses.

Augmented RealityConsumer ElectronicsEyewearHardwareSoftware
Series BJun 13, 2016
Amount Raised: $50,000,000
Drive.ai

Mountain View, California, United States

Drive.ai creates AI software for autonomous vehicles.

Artificial Intelligence (AI)AutomotiveAutonomous VehiclesLogisticsMachine LearningRoboticsSoftware
Series AMar 28, 2016
Amount Raised: $12,000,000
Lily

San Francisco, California, United States

Lily is a flying camera that takes photos and video in the moment!.

Consumer ElectronicsDronesRobotics
Series ADec 17, 2015
Amount Raised: $14,000,000
Teforia Company

Mountain View, California, United States

Tea Experience for the Modern World

Consumer GoodsFood and BeverageTea
SeedDec 4, 2015
Amount Raised: $5,100,000
Radius Agent

San Francisco, California, United States

We’re an online real estate brokerage with a referral marketplace and social community focused on helping agents succeed.

MarketplaceMobileProfessional NetworkingReal EstateReal Estate Brokerage
Pre SeedOct 19, 2015
Amount Raised: $2,450,000