Venture capital activity in China is at a low ebb, with deal making down, valuations soft and exits markets bottled up. So when will the good times roll in? The answer has a lot to do with whether you believe business cycles in China remain compressed or start to resemble the longer ones of the United States and Europe.

With the deal, the Troy, Mich., company becomes the latest GSR-funded electric-vehicle firm to set up manufacturing in China. Last year, battery maker Boston-Power raised more than $125 million to construct a Chinese manufacturing plant for its lithium-ion batteries.

GSR Ventures said it closed its $133 million GSR Opportunities IV fund primarily created to permit existing LPs to invest in later-stage rounds of select GSR-backed companies. The fund creates an opportunity for investors in GSR’ first four venture funds. PRESS RELEASE GSR VENTURES CLOSES US$133 MILLION OPPORTUNITIES FUND Fund Provides GSR Limited Partners’ the [...]

Go to where the growth is. That might be the best advice an investor can get. These days, the growth is in places like China, Brazil and India. And the California Public Employees’ Retirement System seems poised to benefit through a pair of investments in 57 Stars funds of funds. CalPERS made the investments in [...]

SunSun Lighting said it raised $30 million in Series B financing from GSR Ventures, Oak Investment Partners and several angel investors. Oak led the round, and Allan Kwan, a China-based adviser for the firm, is joining the board. PRESS RELEASE SunSun Lighting — “LED Light Bulb Company” — Attracts $30 Million In Financing From GSR [...]

Tracky, a new social collaboration platform, has raised $1 million in angel funding. Advisory board members include Sarah Evans, a social media correspondent featured in Vanity Fair, Forbes and Entrepreneur; Alex Hunter, company incubator, angel investor and branding expert; and Kevin Fong, who has a 23-year-long track record with early stage companies and is special [...]

In the mobile payment space, relationships may be what separates industry titans from well-funded flops–but Jumio just announced it has a boldface partner.

C3Nano Inc., a Hayward, Calif.-based developer of nanomaterials-based transparent conductive film, has raised $6.7 millionin Series B financing, the company announced Thursday. Phoenix Venture Partners led the round, with participation from existing investor GSR Ventures. The company has raised more than $10 million to date. As a result of the latest round, Nobi Kambe of [...]

Boston-Power Inc. said it raised $30 million in new private equity. Existing investor GSR Ventures led the deal and Oak Investment Partners and Foundation Asset Management participated. The funding is an add-on to the $125 million round of funding the lithium-ion battery company announced in September. The September round included growth capital and Chinese government [...]

Boston-Power Inc. announced today that it has raised $125 million in new venture and Chinese government financing as part of a major corporate shakeup that will lead to the construction of a lithium-ion battery factory in China. The Westborough, Mass.-based company said the new equity round is led by Beijing-based GSR Ventures and joined by [...]