TSVC

Overview

TSVC is a seed-stage venture capital firm founded in 2010, formerly TEEC Angel Fund, based in Silicon Valley and focused on early-stage investments in deep tech, AI, robotics, advanced manufacturing, and energy systems, particularly companies founded by technical and immigrant entrepreneurs.¹²³ It has backed over 220 portfolio companies, including 11 unicorns like Zoom and several IPOs, with total portfolio capital raised exceeding $5 billion.¹⁴ The firm is operated by veteran entrepreneurs and executives emphasizing global expansion support for investees.²⁵

History

TSVC was founded in 2010 by serial entrepreneurs and engineers, initially as TEEC Angel Fund, marking it as one of the earliest technology-focused Chinese venture funds in Silicon Valley.¹² It has invested in more than 220 early-stage companies, contributing to over 10 unicorns and several public listings such as Zoom, Carta, and Ginkgo Bioworks.¹⁴ The firm shifted focus to the 'Physical AI economy' involving AI, robotics, and energy systems.¹

Notable Products

• Investments in Zoom - Early seed investment in Zoom, which became a unicorn and IPO company.
• Investments in Carta - Seed funding for Carta, a unicorn in cap table management.
• Investments in Ginkgo Bioworks - Backed Ginkgo Bioworks, a synthetic biology firm that went public.
• Investments in Iterable - Supported Iterable, founded by portfolio entrepreneurs.
• Investments in Zum - Funded Zum, an electric school bus startup raising $140M.

Reputation

TSVC is recognized among venture professionals for its track record in seed-stage deep tech investments, producing unicorns and IPOs from early backing, particularly for immigrant-founded companies.¹³⁴ Enthusiasts note its focus on technical founders tackling global challenges in AI and physical systems.¹² It maintains a specialized team with operational experience, though its niche in Chinese-origin investing may limit broader visibility.²⁵