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1955 Capital

1955 Capital

1955 Capital is a U.S.-based venture capital firm that invests in technologies developed in the Americas and Europe that are meant to solve underdeveloped countries' challenges.

1955 Capital is a venture capital firm with it's headquarters in Los Altos, CA. It invests in technologies developed in the Americas and Europe that can help solve China's and the developing world's challenges in areas like energy & environment, food safety & supply, health & education, and sustainable manufacturing.

History

The firm was founded by Andrew Chung, a former general partner at Khosla Ventures, with investing experience in these sectors and exposure to commercializing numerous technologies in China and other regions. The private equity company was founded in 2015 and focuses on the energy and environment, health and education, food safety and supply, emerging technologies, and energy and environment sectors. 1955 Capital has raised a total of $200M in funding. It has 2 companies in its portfolio, and its first investment was made in 2016. The firm has an estimated revenue of less than $1m.

Investments

1955 Capital invests in tech from the Americas and Europe to solve the greatest challenges in the developing world, starting with China, in energy, food, health, education. 1955 Capital has made 2 investments. One was on Sep 13, 2017, where they invested $8.5M in Crop Enhancement and the second on Sep 7, 2017, when they invested $11M in Gridtential Energy. 1955 Capital has raised a total of $200M in a single venture fund, 1995 Capital Fund I. This fund was announced on Feb 24, 2016.

Investment direction

With a first close on $200 million completed, 1955 Capital will allow entrepreneurs and innovators gain direct access to these end-markets to accelerate technology commercialization, create jobs, and foster partnerships that will support their long-term growth and development. China, India & other developing countries have survival-driven demands that can accelerate tech commercialization. 1955 Capital can serve as a cultural bridge by assisting management teams in evaluating and potentially entering China, India, and other emerging markets. Identify arbitrage opportunities to leverage gaps across geographies in technology, regulations, capital availability, and culture to maximize both impact and return. The firm means to identify strategic partners in China, India and other developing countries to assist with cross-border execution.

Sector driven Investments

Health and education

Slow China's growth in heart disease, cancer, and diabetes. Alleviate the increasing healthcare burden from rising wages & aging population .

Food safety and supply

Deliver safe drinking water to 600 million people in China and India. Decontaminate 25% of China's farmland.

Emerging technologies

Make manufacturing growth sustainable via the latest advances in 3D printing, robotics, machine vision, networking, IOT, and sensors .

Energy and environment

Prevent 2 million annual deaths due to air pollution in China. Reduce the high incidence of chronic asthma in India .

Timeline

September 6, 2017

Gridtential Energy

Series B - Gridtential Energy

$11M

September 12, 2016

Crop Enhancement

Series B - Crop Enhancement

$8.5M

February 23, 2016

1955 Capital raised a new fund:

1995 Capital Fund I ($200,000,000)

February 23, 2016

1955 Capital Joins An $830 Million Sustainability Investment Wave

People

Name
Role
Related Golden topics

Andrew Chung

Founder & Managing Partner



Benjamin Tseng

Principal



Howard Caro

Operating Partner



Jacob Hsu

Venture Partner



Kathy Chen

Senior Associate



Ryan Gilliam

Venture Partner



Further reading

Title
Author
Link
Type

1955 Capital backs US-based Gridtential to expand in Asia | AVCJ

Holden Mann

Web

1955 Capital Co-Leads $8.5M Funding Round for Crop Enhancement to Help Farmers Grow Crops More Sustainably



Web

1955 Capital Launches to Bring Tech to Developing World

Deborah Gage

Web

1955 Capital Makes First Investment into Startup Combatting Pests in Developing Countries - AgFunderNews

LOUISA BURWOOD-TAYLOR

Web

1955 Capital seals US$200M fund targeting sustainability in China

TechNode

Web

Clean Energy is the Way Forward...so Where's the Investment? - Milken Institute Global Conference 2016

Joel Anderson

Web

Crop Enhancement Secures $8.5M in Series B Funding to Help Farmers Sustainably Increase Crop Yield While Minimizing or Eliminating Pesticide Use



Web

Gridtential wins series 'B' $5m funding, some from 1955 Capital - Batteries International



Web

It's Time for Something New

Andrew Chung

Web

Khosla's Former China Head Secures $200M For Debut Fund

Jillian Yue

Web

Meet 1955 Capital, a New Fund to Bridge China, U.S.

ANDREW CHUNG

Web

New $200M VC Fund Looks to Take US and EU Tech Startups to China

ERIC WESOFF

Web

New Firm 1955 Capital Joins An $830 Million Sustainability Investment Wave

Jonathan Shieber

Web

Newly Formed 1955 Capital Launches With First Close of $200 Million

1955 Capital

Web

Newly formed 1955 Capital notches $200 mln first close - PE Hub

Mark Boslet

Web

U.S. Energy Storage Firm Gridtential Raises $11M Series B Round

Yimian Wu

Web

Veteran VC launches 1955 Capital with $200 million

Marisa Kendall

Web

With $200 Million, New Venture Firm 1955 Capital Plans To Bring Western Tech To China

Jason Choi

Web

Documentaries, videos and podcasts

Title
Date
Link

Clean Energy is the Way Forward...so Where's the Investment? - Milken Institute Global Conference 2016

4 May 2016

Closing the Clean Energy Investment Gap

May 3, 2016

Emerging New Forces on Sand Hill,Global Capital Summit 2017

Apr 25, 2018

Lightning Round: Can Clean Tech Clean Up Our Future?

7 February 2017

Moving Beyond Lithium-Ion Battery Technology

7 February 2017

Silicon Dragon Awards 2017 Panel: VC/Dealmakers

Nov 18, 2017

What Investors Should Know about China

Nov 3, 2017

Companies

Company
CEO
Location
Products/Services

Crop Enhancement







Gridtential Energy







References