The CTA Foundation brought accessibility innovation to the spotlight at CES 2025 with two exclusive tours:

Go deeper: Interested in joining our partners, participating in our Industry Partner Council, and championing accessibility and aging tech? Contact nzundel@ctafoundation.tech to learn more.

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China VC Reaches For Ceiling
More China funds are popping up as venture capital tilts away from the Silicon Valley epicenter and toward emerging Chinese tech startups.
Sinovation Ventures debuted a $500 million fourth fund while Sky9 Capital launched a $200 million third fund. Sinovation Ventures, led by AI guru and former Google China executive Kai-Fu Lee, is investing in artificial intelligence, robotics and education startups. Sky9 Capital, headed up former Lightspeed China founder Ron Cao, focuses on backing early-stage Chinese companies in the Internet, enterprise and deep tech sectors.
In the wings is a new venture fund from China Creation Ventures, a spin-out by the former team of Kleiner Perkins China and led by founding managing partner Wei Zhou. Additionally, Sequoia Capital China is raising a $550 million China venture fund, its seventh, and a $150 million seed fund for China, its first.
Wonder if it’s too much capital chasing China startups?
Read Forbes: China venture ceiling

NEW FUNDINGS
Full Truck Alliance Group, China’s biggest app for Uber-like truck services, reportedly raised $1.9 billion in funding to fuel its expansion at a valuation of $6.5 billion with backers including SoftBank Vision Fund, China Reform Fund, GSR Ventures and Alphabet Inc.’s CapitalG. Existing investors Tencent Holdings Ltd. and Sequoia Capital also were involved in the round.
Keep on truckin.

Chinese biotech startup NuProbe has bagged $11 million in a Series A round co-led by Sequoia Capital China and hedge fund Serica Partners, plus corporate strategic investor WuXi AppTec.

Silicon chipmaker Innovium raised $77 million in a Series D funding from veteran chip investor Walden International.

Want to know how competitive the cryptocurrency market is for venture capital funding? Consider that Sequoia China sued the founder of crypto trading exchange Binance for failing to honor an exclusivity agreement during negotiations, and sought an injunction against the founder, well-known as CZ, from negotiating with other investors. Sequoia had offered Binance a term sheet for a $9.5 million, Series A investment for a 12% stake in Binance. A Hong Kong court recently struck down the injunction.

IPOs
Chinese ride-hailing leader Didi Chuxing is preparing for an IPO as early as this year at a valuation of $70 billion to $80 billion, up from its most recent venture funding valuation of $57.6 billion. Didi could beat Uber to the public markets.

NOTEWORTHY
Image recognition has caught on in China in a big way. Beijing airport security checks scan your passport and face at the same time before sliding your luggage through. And parking garages are scanning license plates on cars to whisk drivers through the toll gate. No more reaching for paper tickets out the car window.

Anyone that believes that Apple will discontinue the iPhone X or that iPhone sales are down has not been to China. If anything Apple will make an X+ and make it bigger and more expensive. iPhone shipments to China were up 32% in Q1 2018, and Apple’s share of the Chinese smartphone market rose to 14.3% from 10% a year ago.

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NEW FUNDINGS
Full Truck Alliance Group, China’s biggest app for Uber-like truck services, reportedly raised $1.9 billion in funding to fuel its expansion at a valuation of $6.5 billion with backers including SoftBank Vision Fund, China Reform Fund, GSR Ventures and Alphabet Inc.’s CapitalG. Existing investors Tencent Holdings Ltd. and Sequoia Capital also were involved in the round.
Keep on truckin.

Chinese biotech startup NuProbe has bagged $11 million in a Series A round co-led by Sequoia Capital China and hedge fund Serica Partners, plus corporate strategic investor WuXi AppTec.

Silicon chipmaker Innovium raised $77 million in a Series D funding from veteran chip investor Walden International.

Want to know how competitive the cryptocurrency market is for venture capital funding? Consider that Sequoia China sued the founder of crypto trading exchange Binance for failing to honor an exclusivity agreement during negotiations, and sought an injunction against the founder, well-known as CZ, from negotiating with other investors. Sequoia had offered Binance a term sheet for a $9.5 million, Series A investment for a 12% stake in Binance. A Hong Kong court recently struck down the injunction.

IPOs
Chinese ride-hailing leader Didi Chuxing is preparing for an IPO as early as this year at a valuation of $70 billion to $80 billion, up from its most recent venture funding valuation of $57.6 billion. Didi could beat Uber to the public markets.

NOTEWORTHY
Image recognition has caught on in China in a big way. Beijing airport security checks scan your passport and face at the same time before sliding your luggage through. And parking garages are scanning license plates on cars to whisk drivers through the toll gate. No more reaching for paper tickets out the car window.

Anyone that believes that Apple will discontinue the iPhone X or that iPhone sales are down has not been to China. If anything Apple will make an X+ and make it bigger and more expensive. iPhone shipments to China were up 32% in Q1 2018, and Apple’s share of the Chinese smartphone market rose to 14.3% from 10% a year ago.

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Media, don’t miss out on this opportunity to see first-hand what will be revealed at CES 2016 before anyone else. Register today or contact us at press@CE.org for more information on this pre-CES event.

Current Event Schedule:

2 PM Registration Opens

3-4:30 PM CES 2016 Press Preview, 2nd Floor

Holiday Sales and End-of-Year Analysis
Industry Trends and CES Announcements
Best of Innovation Awards Honorees

4:30-7:30 PM Exhibition Networking Reception, 1st Floor

Don’t miss these other CEA events taking place in New York, November 8-10. CEA Innovate! kicks-off on November 8 and will feature the CE Hall of Fame Dinner Monday evening, November 9. Network with CE industry professionals, startups, VCs, investors, tech media and others at these CEA events conveniently located in New York at the same time as CES Unveiled York. Qualified press may attend both events at no charge.

Current CES Unveiled New York Exhibitors:

Adidas
Astell&Kern
AV Concept Products
Bosch
BrainBit
CEA Foundation
Control4
ecovent
E-Ink
Electric Jukebox
FLIR Systems
GENII
Innohome Oy
Insensi
IonVR
Jam Audio
Keyssa, Inc.
Klaxoon
LifeSite, Inc.
Living In Digital Times
Lutron Electronics
Memento Electronic, Inc.
NeuroMetrix, Inc.
Orée
Ouraring
PicoBrew
ROLI
Sengled
Sensorsphere
Skulpt Inc.
SMARTwheel Inc.
The Bubbles Company
The ONE Smart Piano
ToughTested

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This was an unprecedented event! The first weeklong series of events for all Angels – and Entrepreneurs.

It included: Healthcare Startups • Innovation & Investment 2015 (Private Equity Forum) • Cannabis Investing • Inventors Roadshow

Shark Tank Investor, Kevin Harrington keynotes this powerful Gathering of Angels to discuss deals, strategies, terms, exits, fundraising, crowdfunding vs. Reg A+….and meet our year’s top Entrepreneurs!

Angel Investors and Entrepreneurs together around the country will gather in New York at the Microsoft HQ in Times Square. Join with Angel Investor speakers and attendees to discuss issues that matter – while taking pitches from our top-ranked Startups.

AGENDA

9:00 – 9:30 Keynote: Kevin Harrington, Shark Tank Investor, Founder, Starshop

9:30 – 10:30 What Are Today’s Best Deals?

Charlie O’Donnell, Brooklyn Ventures; Murat Aktihanoglu, Entrepreneurs Roundtable; Bernie Rudnick, MidLantic BioAngels

10:40 – 11:40 New Trends in Angel Investing

Craig Mullett, Connecticut Angels; Dan Conley, Angels + LifeInfoSci Investors (NJ Angels); David Beatty, Goldenseeds; Joe Rubin, FundingPost; Erica Duignan Minnihan, 1000 Angels

11:50 – 12:50 Who Closed the Exits? The New Liquidity.

Michael Segal, Wynston Hill Capital; David Soren, McCarter & English; Jay Wright, Bayberry Capital

Lunch Break

2:00 – 2:30 Keynote

2:30 – 3:30 Angels Compare: Tech, Digital Media, Food and EdTech Investors Share Notes

Gregg Young, NY Angels; Les Neuman, iCANny; Dan Delmar, Harvard Business School Alumni Angels of Greater New York;

3:40 – 4:40 Crowdfunding: Reg A+ vs Equity Crowdfunding;

Adam Sharp, Early Investing; Erica Duignan Minnihan, 1000 Angels; Aaron Kellner, SeedInvest

Convean: iBreakfast/iEvening Convean is the organizing group of the iBreakfast/iEvening, the longest running Digital Media Executive Forum in the country.We have helped thousands of executives strategize and grow in the dotcom world. We have helped entrepreneurs raise millions.

Nov. 30 – Dec. 3: Angel Week NY: Welcome to the first Gathering of Angels and Entrepreneurs from all over the US. Find out more at http://angelweekny.com/

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Bennack served as Hearst’s CEO for more than 28 years. He directed the company through an unprecedented period of growth from when he began his first tenure as CEO in 1979 through June 2013 when he stepped down—increasing revenues 12 times and growing earnings more than 30 times what they had been, through investments, acquisitions and startups. Today, Hearst is comprised of some 200 businesses and 20,000 employees.

Under his leadership, the company launched three leading cable networks with ABC, A&E, HISTORY and Lifetime, and invested in the ESPN family of networks, now in 190 countries and territories. On Bennack’s watch, Hearst has marched toward diversification and global expansion, including its nearly $1 billion acquisition in 2011 of Lagardère’s 100 international titles outside of France, its purchase of healthcare information leader Milliman Care Guidelines LLC, its acquisition of a 50 percent interest in global ratings agency Fitch Group and its establishment of a joint venture with television producer Mark Burnett. Bennack was also instrumental in the decision to create what today is Hearst Television Inc., one of the nation’s largest non-network owned television station groups, which operates 29 television stations. During his tenure, Hearst has launched such magazines as Country Living, Food Network Magazine, HGTV Magazine, Marie Claire and O, The Oprah Magazine.

Prior to his first tenure as chief executive, Bennack served as executive vice president and chief operating officer of the Corporation and, prior to that, as vice president and general manager of the Hearst Newspaper Group. He also served in a variety of management posts, including a seven-year tenure (1967 to 1974) as publisher and editor of the San Antonio Light.

Bennack is a director of Polo Ralph Lauren Corporation. He is chairman of Hearst Magazines UK, a wholly owned subsidiary of Hearst Corporation. Bennack is also a governor and vice chairman of NewYork-Presbyterian Hospital and its Healthcare System, a managing director of the Metropolitan Opera of New York, chairman emeritis of Lincoln Center for the Performing Arts, and chairman of The Paley Center for Media (formerly The Museum of Television & Radio). He was the 1992-93 chairman of the Newspaper Association of America (formerly the American Newspaper Publishers Association).

As a teenager, the San Antonio native was host of both television and radio programs. He eventually entered publishing in his hometown, and rose from classified advertising salesman to newspaper publisher by the age of 34.

Bennack has received honors for his charitable work from such organizations as the American Heart Association, United Cerebral Palsy and the Inner City Scholarship Fund of New York. His industry awards include the Gold Medal from the International Radio & Television Society in 1991, the Trustees’ Award (Emmy) from the National Academy of Television Arts and Sciences in 1993, the 1997 Center for Communication Award, the Distinguished Public Service Award from the Advertising Council in 1999, and the 1999 Distinguished Service Award from the National Association of Broadcasters. In 2007, he was elected into the American Academy of Arts and Sciences.

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