Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates 
Robinhood Expands Sports Event Contracts With Player Performance Wagers 
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids 
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation 
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness 
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims 
LG Energy Solution Shares Slide After Ford Cancels EV Battery Supply Deal 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development 
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push 
Shell M&A Chief Exits After BP Takeover Proposal Rejected 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
SAN FRANCISCO, March 16, 2017 -- Keiretsu Forum reported global investment of $71.5 million in 168 ventures in 2016 across industries: 29% in Technology, 22% in Life Sciences, 19% in Real Estate, 10% in Consumer/Retail Products, 3% in Clean Tech and 17% in other.
"2016 was an incredible year for Keiretsu Forum. We opened 5 new chapters, had a record number of new members join our global community, and our members backed more companies than ever," said Randy Williams, Founder & CEO of Keiretsu Forum. “The quality of our deal flow and global syndications created opportunities to expand into South Korea, Dubai, Mumbai, the Midwest, and Pebble Beach. Shenzhen China will start in 2017,” said Williams. “The investments our members made continue to give companies from all over the world the capital they need to succeed.”
Keiretsu Forum membership provides members access to global deal flow. Keiretsu members collectively screen companies and provide expertise in a group setting, but invest individually. Companies that receive investment traction in one Keiretsu Forum region have the opportunity to travel both nationally and internationally to other chapters and raise additional capital. 2016 funded companies that raised additional capital via the Keiretsu Forum global syndication process included Abom, Motito, OtoNexus Medical Technologies, Bouxtie, Fairway America, and more.
About Keiretsu Forum
Keiretsu Forum was founded in 2000 by Randy Williams in the San Francisco Bay Area. With more than 2,500 investor members in 49 chapters on 3 continents, Keiretsu Forum is the world’s largest by invitation only angel investor network. Keiretsu Forum membership is comprised of angel investors, venture capitalists, corporate/institutional investors and serial entrepreneurs who provide early-stage capital in the range of $250,000 - $2 million to high-quality diverse investment opportunities. Keiretsu Forum members collaborate in the due diligence but make individual investment decisions. For more information, visit www.keiretsuforum.com.
For more information please contact: Kate Murphy [email protected]
