Draft:TSVC
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| Company type | Private |
|---|---|
| Industry | Venture capital |
| Founded | 2010 |
| Founders | Eugene Zhang, Chun Xia |
| Headquarters | , |
Area served | United States |
| Products | Investments |
| Website | tsvcap |
TSVC is an American venture capital firm based in Los Altos, California. The firm specializes in seed stage investments in private companies in various technology areas.
Notable investments by the firm include Zoom Video Communications, Carta, Ginkgo Bioworks and Quanergy.[1]
History
TSVC was founded in 2010 in Silicon Valley under the name TEEC Angel Fund.[2] Eugene Zhang and Chun Xia, both alumni of Tsinghua University, founded the fund and were General Partners of Fund I.[3]
Like other venture capital firms, TSVC is structured as multiple limited partnerships, representing different fund vintages. The first three funds operated under the TEEC Angel Fund name: TEEC Angel Fund (2010)[4], TEEC Angel Fund II (2012)[5], TEEC Angel Fund III (2015)[6]. Beginning from Fund IV (2016), and continuing to Fund V (2021) the firm took the name TSVC.[7]
Investments
TSVC has made more than 250 investments in early-stage companies.[8] When Zoom raised its first $3 million, TSVC, together with several individual angel investors, underwrote the round.[9]
References
- ^ Kelly, Jack. "Early Venture Capitalist Investor In Zoom With A 200x Return Offers His Views On The Future Of The Startup Space". Forbes. Retrieved 20 May 2024.
- ^ "TEEC Angel Fund I Overview". pitchbook.com. PitchBook. Retrieved 22 May 2024.
- ^ Teare, Gené (26 June 2023). "How Early Zoom Investor TSVC Finds 'Defensible' Seed Startups To Back". Crunchbase News. Crunchbase, Inc. Retrieved 20 May 2024.
- ^ "TEEC Angel Fund". opencorporates.com. Open Corporates. Retrieved 22 May 2024.
- ^ "TEEC Angel Fund II". open corporates.com. Open Corporates. Retrieved 22 May 2024.
- ^ "TEEC Angel Fund III". opencorporates.com. Open Corporates. Retrieved 22 May 2024.
- ^ "TSVC Fund V". opencorporates.com. Open Corporates. Retrieved 22 May 2024.
- ^ "Crunchbase investor profile TSVC". crunchbase.com. Crunchbase. Retrieved 22 May 2024.
- ^ Loeb, Steven (26 March 2020). "When Zoom was young". vator.tv. Vator. Retrieved 22 May 2024.