Today, Linear Venture announced publicily it has successfully completed fundraising a new duel-currency investment fund in both USD and RMB.  The Limited Partners on the fund include a top hedge fund in Asia, Alibaba Group, Tencent Group, Baidu, Dian Ping, Qunar, Bai Xing, Facebook, Twitter, LinkedIn, additional unnamed Founders and C-suite decision makers from top IT companies, both locally and globally. 
Additionally the LPs also included professionals who have over 10 years of experience in the investment industry. Currently, Linear’s total assets under management is US$100 million. 
Linear Ventures was founded by Zhang Chuan Michael and Wang Huai Harry in September 2014. Zhang wasa former top management personell from JD.com and Tmall and Wang was an early-stage employee at Facebook. 
The two partners are striving to be the kind of investor who deeply understand the potential of the quirky IT professionals.
So far, Linear Ventures has already invested in over 30 startups, including Horizon Robotics, Rokid, Ayla Networks, Fraud Metrics, Ping++, Kujiale.com, Tezign, Yin Cheng Ku, Sensors Analytics, Bongmi.com, Shu Shu, Tao Data, Seeta and many others. 
Among these startups, most of them have closed at least next round fund raising. 

640

“We will fully pay attention to startups that focus on data driven strategies, or have a core focus on intelligence development or, finally, can be applied to business operations,” said Zhang.
Linear will focus on seed and pre-A series rounds. Their first single investment size will range from US$500,000 to US$2 million.
“Linear Venture’s new batch fund will place an emphasis on greater AI, including big data, IoT, robotics etc, and data driven fintech,” said Wang.
For Linear Venture, for every penny it has already invested, they are fully prepared to invest a follow-up round in the future

640

 640-1

Linear Venture has used its dual currency fund to invest in companies like Tao Data, which use Big Data to help enterprises operate intelligently, and Seeta, which provides face perception services based on deep learning technology. Also, portfolio company LambdaCal is building a cloud-based HPC SaaS platform for industrial simulations. Another company is one of the hottest technology-startup media companies. 

今日,线性资本对外宣布,公司已顺利募集了新一期基金。新基金包括了美金和人民币双币种,LP(有限合伙人)阵容包括亚洲的顶级对冲基金;阿里巴巴、腾讯、百度、大众点评、去哪儿、百姓网、Facebook、Twitter、Linkedin等国内外知名互联网公司的创始人或高管;以及拥有数十年投资经验的资本高手。目前为止,线性资本的总管理规模(AUM)约1亿美金

据悉,线性资本 (Linear Venture) 由京东、天猫原高管张川和Facebook早期员工王淮于2014年9月共同创立。两位合伙人致力成为最懂闷骚的科技极客的投资人。

截至目前,线性资本投资的项目已经超过30个,其中包括地平线机器人、Rokid、Ayla物联、同盾科技、PING++、酷家乐、特赞、银承库、神策数据、棒米、数数、桃树、中科视拓等知名案例。其中大多数案例都获得了下一轮或多轮的后续投资

640

在谈到具体的新基金投资方向时,合伙人张川表示,线性资本会充分关注的企业普遍特点是:数据驱动,智能为核,最终落地于某商业场景,轮次以天使、Pre-A为主,初始单笔投资规模在50-200万美金。另一位合伙人王淮则表示,线性资本的新一期基金将重点押注在泛智能和数据金融科技两大领域,且线性资本每投1块钱,都做好了在未来继续跟进投入1-2块钱的准备。

640

 640-1

今年以来,线性资本新募集的双币基金已投资了用大数据帮助企业智能运营的桃树科技、为科技企业提供深度技术服务与人才服务的中科视拓提供高性能计算云的远算科技等优秀项目,以及一家最in的科技创业媒体