Fidelity’s VC arm betting on China's big data revolution

A partner at Fidelity's Eight Roads, an early Alibaba investor, explains why it participated in a series-B round of funding for Shanghai-based Kyligence.

Fidelity’s VC arm betting on China's big data revolution

As China tries to double-down on leading-edge technologies with its 'Made in China 2025' blueprint, Fidelity International too wants in on the action.

Through its proprietary investment arm Eight Roads Ventures, the Boston-based US asset manager last week led a $15 million series-B round of funding for Shanghai-based startup Kyligence.

And according to Joe Chang, a partner at Eight Roads specialising in enterprise IT, it forms part of Fidelity's regional...

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