BEIJING, Aug. 23, 2018 /PRNewswire/ Venture capital investment from Asia is skyrocketing. A whopping 40% of the record $154 billion worth of VC investment in 2017 comes from Asia, according to the Wall Street Journal. In July 2018 alone, a total of 295 VC deals worth US $11.36 billion were announced, says China Money Network. Chinese start-ups have always watched Western firms closely for innovation and now they can learn from the 195 smartest companies in the world from a new book "Future Layout: Uncovering the Technology Trends and Commercialization Paths of the World's Smartest Companies" by MIT Technology Review.
What is the book about?
The MIT Technology Review has been selecting the 50 smartest companies each year from 2010. "Future Layout" consolidates the top 195 smartest companies in the world in the seven years between 2011 and 2017 into ten cutting-edge fields, covering topics such as Artificial Intelligence, self-driving cars, quantum computing, semi-conductors, medtech, big data, 3D printing, clean energy, mobile payments, and blockchain. The book, written in simplified Chinese, is perfect for entrepreneurs, tech innovators and investors who want to build global tech businesses.
"The companies in our 50 Smartest Companies list are bold in tech and business model innovations. The list is our prediction of future market superstars."
David Rotman, Chief Editor of MIT Technology Review
The book is produced in partnership with DeepTech and China Growth Capital.
"What the smartest companies have in common is their unyielding commitment to invest in technology and innovation, regardless of the company's size. China Growth Capital co-produced this book to inspire the next generation of the smartest Chinese companies."
- Wayne Shiong, Partner of China Growth Capital, Contributing Author to "Future Layout".
Top Reviews:
"A must read for Chinese innovators and entrepreneurs."
Feng Wang, Chief Editor of FT Chinese
"The book combines technological break-through, business innovation and entrepreneur spirit to develop a unique blueprint for success. Highly recommend for decisions-makers and investors."
Chen Wu, Managing Editor of The Economist
Where you can buy the book:
About Wayne Shiong
Wayne Shiong is a partner at China Growth Capital and a contributing author to "Future Layout". Since joining the firm in 2012, he has orchestrated VC investments in Aibee, Jingchi Technology, DeePhi Tech, Mech Mind, Sobot Tech, Tezign etc.
About China Growth Capital
China Growth Capital is a leading early-stage venture capital firm in China with an extended interest in Silicon Valley. The firm funds seed to Series B in fintech, enterprise tech and Internet consumer sectors. Since its founding in 2006, China Growth Capital has grown to manage 6 Billion RMB (approximately 1 Billion USD) in asset under management across its different RMB and USD funds and has 229 portfolio companies as of 2017.
Note: all quotes are translations of the original Chinese quotes.
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SOURCE China Growth Capital
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