Sometimes we goofed,
we were stupid,
and we have no illusion
that it won’t happen
again… and again.
Sometimes things do
work out for us.

Advanced Cell Diagnostics

Advanced Cell Diagnostics

Advanced Cell Diagnostics was sold to NASDAQ-listed Bio-Techne Corporation for over USD250M plus milestone payments in Aug 2016.

ANZ Terminals

ANZ Terminals

ANZ Terminals was sold to Helios Invstments at a valuation of over AUD350M in Nov 2014.

Apellis

Apellis

Apellis completed its IPO in NASDAQ on Nov 9, 2017, raising US$150M at valuation of US$689M (Symbol APLS).

AvroBio

AvroBio

AvroBio has completed its IPO in Nasdaq for USD114.7M gross proceeds on Jun 25 2018

Beyond

Beyond

Beyond was sold to China Diagnostics Medical Corporation at a valuation of USD44M in Aug 2014.

Biovex

Biovex

Biovex developed an oncolytic virus as a novel therapy for cancer. The company was acquired by Amgen in 2011 for $1 billion with $500M up front.

CDEL

CDEL

China Distance Education focuses on online education, providing services all across China. The company had an IPO in 2008 and is currently listed on NYSE.

Chimerix

Chimerix

Chimerix is developing antiviral therapeutics based on a lipid conjugate platform. The company recently had an IPO and is now listed on NASDAQ. Shares shot up by 24% on the first day of trading.

HD Biosciences

HD Biosciences

HD Biosciences was purchased by WuXi AppTec at over RMB1B valuation in May 2017.

Kezar Life Sciences

Kezar Life Sciences

Kezar completed its IPO in NASDAQ on Jun 20 2018, raising US$75M (Symbol KZR).

Nucana

Nucana

Nucana completed its IPO in NASDAQ on 27 Sep, 2017, raising US$100M at valuation of US$463M (symbol NCNA).

Oriengene

Oriengene

Oriengene was sold to Talent Tech Holding Limited in Mar 2016.

Origene

Origene

Origene was sold to Jiaxing Zhongyuan Unio Equity Investment Fund for USD284M in Aug 2016.

Phoenix New Media

Phoenix New Media

Phoenix New Media operates an integrated multi-media platform that provides web, online video-on-demand, and mobile internet/wireless services. The company had an IPO in 2011 and is currently listed on NYSE.

Rapidscan

Rapidscan

Rapidscan was sold to GE Medical in Jan 2017.

Serica

Serica

Serica developed technologies using silk as scaffold for tissue regeneration. The company was acquired by Allergan in 2010.

Stealth Biotherapeutics

Stealth Biotherapeutics

Stealth completed its IPO in NASDAQ in January 2019.

The Tile Shop

The Tile Shop

The Tile Shop is a retailer of stone and tile products for home improvement with a nationwide network of retail outlets. The company was listed on NASDAQ through a merger with JWC Acquisition Corp in 2012. The transaction was valued at about $500 million.

UCWeb

UCWeb

UCWeb develops enhanced browsers for mobile phones and operates server end applications to provide search, directory, games, and other technology and application services to its users. UCWeb was fully bought out by Alibaba Group in June 2014 at a price in excess of $1.9 billions.

Xiaomi

Xiaomi

Xiaomi, listed in HKSE (1810.HK) on 9 Jul 2018, raising over US$3 billion at US$54B valuation.

Xunlei

Xunlei

Xunlei operates a powerful internet platform in China based on cloud computing to provide users with quick and easy access to digital media content in China. The company had an IPO in 2014 and is currently listed on NASDAQ.

YY.com

YY.com

YY is an online communication social platform.  The company had an IPO in Nov 2012 at a valuation of more than USD600M.  It is currently listed on NASDAQ.