DCM Newsletter — Q4 2023
DCM Firm News
Hurst Lin Honored in Fortune’s 30 Most Influential Investors in China 2023 List
DCM’s Hurst Lin was selected as one of Fortune’s 30 Most Influential Investors in China for 2023. The selection was based on criteria such as candidate institution type, managed funds, number and scale of companies invested in, company exit returns, market value of invested companies, investors’ market influence, and more.
Fiona Huang Recognized in Business Insider’s Rising Stars of VC List
DCM’s Fiona Huang was recognized on Business Insider’s Rising Stars of VC List for 2023. The list features 66 of the best up-and-coming investors of 2023 from venture capital firms, investing across all sectors and stages.
DCM Listed in Zero2IPO’s 2023 China Equity Investment Annual Ranking
DCM was included on two lists for Zero2IPO’s 2023 China Equity Investment Annual Ranking, which aims to provide an evaluation and reference system for China’s equity investment industry. DCM was featured on the following lists: “Top 100 Chinese Venture Capital Institutions in 2023” and “Top 30 Investment Institutions in China’s Digital Economy in 2023.”
DCM and Hurst Lin Honored by Jiemian News, Chuangye News, and Investment Media
DCM and DCM’s Hurst Lin were honored in annual awards released by Jiemian News, Chuangye News, and Investment Media. DCM ranked 22nd in “China’s Top Venture Capital Institutions” in 2023 by Jiemian News and 17th in “Top 100 Most Admired Venture Capital Institutions” in 2023 by Chuangye News. Hurst Lin won the annual award of “China’s Top 30 Best Venture Investors” from 2022–2023.
US
Picsart Launched AI-powered Tools For Businesses and Individuals
Picsart, the photo-editing startup, launched Picsart Ignite, a suite of 20 tools that are designed to make it easier to create ads, social posts, logos and more. The suite includes tools that let you generate videos, images, GIFs, logos, backgrounds, QR codes and stickers. DCM co-led Picsart’s Series B round alongside Siguler Guff & Company in 2016.
RealScout Partnered with Anywhere Real Estate
RealScout, the agent-client collaboration platform, announced a partnership with Anywhere Real Estate to help Anywhere to continue delivering comprehensive and valuable solutions to affiliated agents and consumers. RealScout works with existing tools and data sources that Anywhere’s agents use, and the platform is proven to help agents reach and expand their sphere of influence and get more people into the homes they want with less effort. DCM led RealScout’s Seed round in 2013.
EvenUp Listed Among Fortune 50 AI Innovators
Market leader in AI-driven support for personal injury lawyers, EvenUp, was listed among startups as one of Fortune’s 50 AI Innovators for 2023. This inaugural list identifies cutting edge companies that are shaping the future of AI and the world we live in. DCM invested in EvenUp’s Seed round in 2020.
Japan
CADDi Received Top Tech Startup Award by Food Logistics, Supply & Demand Chain Executive
CADDi, a B2B supply chain marketplace, was named one of this year’s Top Tech Startups by Food Logistics and Supply & Demand Chain Executive publications. Top Tech Startups spotlights top software and technology startups in the supply chain and logistics space. DCM led CADDI’s Seed round in 2018.
10X’s Stailer Introduced at Japanese Supermarket Torisen Net Super
Japanese supermarket Torisen announced the company will offer customer apps and operation systems for staff at online supermarket Torisen Net Super through 10X’s retail e-commerce platform, Stailer. DCM led 10X’s Series A round in 2018.
