Grow VC International Limited

C2I Ventures and Grow VC China Announce Partnership With Accelerando

Press Release   •   Nov 23, 2010 10:22 GMT

C2I Ventures is pleased to announce the partnership with Accelerando. Following the launch of the Grow VC China network by C2I Ventures, the partnership with Accelerando a services firm which focuses on accelerating growth for innovative and potentially high growth businesses is aimed at creating more value for early stage startups both in China as well as Europe. With the two firms finding symbiotic strengths in their offerings, both are upbeat and excited about the new partnership.

“We are currently setting up the most valuable partnerships, aimed at empowering startups in the local China setting” says Mikko Puhakka, founding partner of C2I Ventures. One of the key elements of this is the Grow VC platform, which is the leading global crowd-funding service and community ("Virtual Silicon Valley") for startups to look for funding and make investments.

C2I Ventures a virtual incubator with a community collaborative approach to supporting innovative early stage startups also finds a considerable value addition through this partnership. “C2I Ventures has been looking for a partner that can help with our portfolio and client companies in becoming more investment-ready and geared for growth” says Puhakka. “We are excited about the possibilities the partnership with Accelerando brings and look forward to building many joint success stories. While the partnership is new, I have a long personal working relationship with individuals from Accelerando spanning over a decade and I know what they are capable of. Heinilä has not only his team and network, but an ability to actually use his connections efficiently to cover many critical business development issues – this is going to be an extremely valuable addition to things we can offer.’’ Puhakka elaborates.

“The C2I concept is exciting, modern and competitive; it appropriately mirrors the service needs of the fast businesses.” says Jussi Heinilä, partner at Accelerando. He continues to add, “C2I and Puhakka's team enable Accelerando to better serve the fast-growing Chinese startup scene and cater to its many needs. Among our clients in Europe there exists also more and more demand for access to new markets, Puhakka provides both good connections to access opportunities in China.” With the announcement of the partnership coming just a month after the launch of the Grow VC China Network for crowdfunding and providing a support structure to startups in China, there is clear momentum around building a better platform as well as services for promising startup ventures. ”C2I and Accelerando services are complementary, we can now serve our combined clients with turn-key solutions both in Europe and in China now.’’ Adds Heinilä.

About Accelerando

Accelerando consists of a group of seasoned professionals with extensive experience in building and running of international businesses. Their typical clients are high-growth companies whose business builds on innovation. Accelerando experts' competences cover areas such as international sales, marketing, distribution, financing, R&D and business process improvement. Each of the partners has extensive ‘hands-on’ experience from both, startup entrepreneurship to senior positions at major international technology companies, in Finland and abroad.

Contact Accelerando:  jussi.heinila@accelerando.fi

About C2I Ventures

C2I Ventures is a Beijing based virtual incubator helping early stage companies in getting investment ready and building growth stories. We look for ambitious entrepreneurs with big goals, an adventure in mind to bring harmony into their business by helping them out in the early stages of company formation and development. Our in-house team, advisors and partners have experience from some true global success cases such as investing into MySQL in 2001 when it was early in business development and exiting that to SUN Microsystems for 1Billion in 2008.

C2I Ventures operates GrowVC China, a crowd-funding platform in order to be able to serve large numbers of clients in the Chinese market.

Contact C2I Ventures: Mikko Puhakka, pm@c2ivc.com

About GrowVC

Grow Venture Community - "The Virtual Silicon Valley", is bringing the first truly global, transparent, community-based approach to seed funding. Grow VC can help startup to secure initial funding for their businesses up to 1m USD. Grow VC will not only connect startup entrepreneurs with investors to help them discover their common interests, but also provide tools for the process and new transparent ways of doing things. Grow VC international headquarters is located in Hong Kong, with offices in UK and Finland.

Contact Grow VC: JoukoAhvenainen, jouko@growvc.com

Grow Venture Community, bringing the first truly transparent, international, community-based approach to early stage funding. Grow VC can help startup secure initial funding for their businesses up to $1m USD. Grow VC will not only connect startup entrepreneurs with ‘funders’ (investors) to help them discover their common interests, but also provide tools for the investment process and new transparent ways of doing things.