Danske Bank together partner nHack kicked off the China Knights II with an event at Wework – a co-working space in the heart of Shanghai.
At China Knights II demo day 11 Nordic start-ups (leading technology companies coming out of the Nordic region) pitched in front of Asian business angels and venture capitalists, and representatives from some of the largest IT Tech companies in China, including JDcom, Alibaba, and Tencent.
The start-ups had five minutes of air time each, with pitches spanning everything from Norwegian seafood delicacies over drones for ship inspection to golfing augmentation equipment. Danske Bank reported that it was a “truly inspiring event, also for Danske Bank, resulting in several new contacts being made”.
China Knights is a free tech and VC festival in Shanghai. China Knights II was held during 13-15 June, in cooperation with CES Asia, the world’s largest consumer electronics show. The festival included one-on-one VIP meetings, lunches and dinner parties.
nHack is a venture firm bridging Nordic companies to Asia. nHack invest in Nordic businesses and help them access Asian markets. They work closely with Danske Bank, Innovation Norway, Innovation Center Denmark, NTNU University, Investinor, Wikborg Rein, Flex and China Equity.
They are a cross border investor, bridging Nordic businesses to China and Asia. nHack both invest in Nordic companies, but can also be the China joint venture partner. They are also an impact investor, looking for sustainable solutions and female founders. They are sector neutral as a firm, but have some areas they look more closely at than others; like ocean and maritime sectors, health and med-tech, consumer upgrade plays and education tech and software as a Service.
Sources: Danske Bank Corporations and Institutions, nHack