Combining the best in Chinese manufacturing with the best in U.S. high tech R&D. At least that’s the idea.
Dozens of some of the most promising high tech entrepreneurs in the U.S. are headed to Beijing over the next day or two for a weeklong trip that could represent the future of U.S.-China technology cooperation.
The trip is organized by Chinese venture capital firm Haiyin Capital, which just finished dispersing its third fund of $50 million into mostly U.S. tech startups like energy storage startup LightSail Energy, based in the Bay Area, solar tech startup 1366 technologies, located just outside of Boston, private space flight company XCOR Aerospace, in Mojave, Calif., and crowdfunding companyAngelList (distributed offices).
The attendees on the trip are mostly entrepreneurs that Haiyin Capital has funded. LightSail Energy‘s co-founder and chief scientist Danielle Fong is already on her way there; LightSail co-founder and CEO Steve Crane leaves today. Frank van Mierlo, the CEO of 1366, is also en route.
The group will start in Beijing, and tour through the manufacturing regions of Hangzhou and Guangzhou, meeting with local businessmen and government officials along the way. They’ll also attend entrepreneur-focused events that Haiyin has organized, some of them giving talks to Haiyin’s network like one next week in Beijing by a test pilot of XCOR’s private space tech.
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