Hua Wang co-founded and co-leads Sinovation Ventures as co-CEO and Managing Partner, directly steering the firm's investment strategy across all verticals rather than serving as just a deal partner. Before becoming a full-time investor, he built Google China's premium advertising network from zero into an $80M-a-year business and co-founded Shanghai Yinda Technology, scaling it to over 100 employees and roughly $15M in annual revenue by 2008.
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AI, Robotics, Health, Education, Chips
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Sinovation Ventures is one of the earliest AI-focused VC firms in China with over half of its 300+ portfolio companies being AI companies, built around Kai-Fu Lee's hybrid background as an AI researcher, big-tech operator at Google China, and investor. The firm operates a dual-currency structure at roughly $2B AUM and positions itself as both a startup investor and implementation partner that helps traditional Chinese companies become AI-driven companies, functioning more like a hybrid of VC and AI transformation consultancy than a classic passive investor.
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