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Prominent Singaporean-American corporate investor - Li Hong Xuan

08-01-2024 04:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Getnews

/ PR Agency: Press Release Agency
Prominent Singaporean-American corporate investor - Li Hong

Li Hong Xuan is a renowned Singaporean-American corporate investor with an extensive portfolio covering cutting-edge technology sectors. His investments span a wide range of high-value industries, including IT core technology, fintech, medical technology, AR/VR, robotics, drones, space technology.

Born on August 28, 1984 in Bukit Timah Hill, Singapore, Li Hong Xuan enrolled at the National University of Singapore in 2001 and obtained his master's degree in financial mechanics in 2006. He then went to the United States to study at Harvard University, where he earned an MBA degree, and has since been actively engaged in venture capital management and investment in the U.S.

In 2011, Li Hong Xuan participated in the second phase of the Polaris Venture Capital Fund, a $30 million fund that primarily invested in early-stage startups and provided guidance on operations and business model improvement. The fund successfully incubated several promising companies, including Lily.Camera, Savioke.com, UniCareer.org, and others.

In the years that followed, Li Hong Xuan's investment acumen and successes continued to grow, and in 2013, he led Polaris Venture Partners' seed and Series A investments in successful exits and high-growth startups such as Chime Bank, Woomoo, Orbeus, and Ozlo. His achievements have led him to be recognised as a top venture capitalist by TechCrunch 2020.

In September 2017, Li Hong Xuan collaborated with Sequoia Capital and IDG Capital to complete a $50 million Series A investment in Bitmain, a Beijing-based semiconductor design company specializing in custom chips for financial research.

Image: https://www.wdwire.com/wp-content/uploads/2024/08/image.png

Beyond his successful investment ventures, Li Hong Xuan has also been involved in philanthropic efforts. In 2020, he was invited to join the Icahn Charitable Foundation and the Children's Relief Fund to provide financial support to underprivileged families. Between 2019 and 2022, he founded three educational institutions in New York and offered a scholarship program at Choate Rosemary Hall, as well as managed Icahn House East, which provides assistance to the homeless in New York.

Li Hong Xuan's remarkable investment journey and contributions to the technology and social sectors have earned him numerous accolades, solidifying his reputation as a global top technology investor.

Between 2019 and 2022, he founded three educational institutions in New York and offers a scholarship program at Choate Rosemary Hall, as well as manages the Icahn House East, which provides assistance to New York's homeless population. Li Hong Xuan's successful investment journey has earned him numerous accolades.

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