There’s a ‘Large Opportunity’ in China, Says VC firm Dimension

China hasn’t held the same opportunities for U.S. venture capitalists it once did, given a crackdown by both countries on cross-border tech investments. But U.S. VCs are still hungry for insights into the country’s tech startups, whose fast growth holds clues to the future of U.S. AI companies. 

In one sign of their interest, a group of investors from Dimension Capital, a VC firm focused on AI and biotech founded by former general partners at Lux Capital and Obvious Ventures, spent a week in China visiting AI labs, investors and entrepreneurs. The firm’s partners, in a letter to their limited partners, characterized the visit as a chance to understand the competitive nature of China tech, from open-weight AI models to data labelling.