We are delighted to announce the opening of a European Office for Shenzen within our offices in Canary Wharf, following meetings with the Mayor of Shenzhen last September. Shenzhen’s Department of Trade and Investment will work closely with us to provide the support and funding needed by promising technology companies to expand into the Chinese market.
The Shenzhen Department of Trade and Investment will have two to three officials in the UK office on a daily basis, and the office will continue to see a series of high level officials visiting the space in SILK Ventures. The team will provide access to incentive schemes, regulatory support and endorsement.
Angelica Anton, Founding Partner of SILK Ventures, said: “China is continuing to get serious about investing in UK tech companies. We’re delighted to have Shenzhen’s Department of Trade and Investment open an office within our own, in what is a pioneering move between a VC firm and a Government, to drive the pipeline of UK and European tech startups towards the Chinese market. In a post-Brexit world, it’s encouraging to see a foreign government working closely with investors like SILK Ventures to ensure the best support possible and create new opportunities for businesses to expand into one of the world’s largest markets, Asia.”