Hone Capital, a Silicon Valley firm, is being probed by the FBI
According to the FT, the FBI is now poking around nine-year-old Hone Capital, a Palo Alto, Ca.-based venture firm funded by a Chinese private equity firm, to determine whether some of its capital came from the Chinese government — and if it shared sensitive startup data with Beijing. Originally launched with $115 million from China’s […] © 2024 TechCrunch. All rights reserved. For personal use only.
According to the FT, the FBI is now poking around nine-year-old Hone Capital, a Palo Alto, Ca.-based venture firm funded by a Chinese private equity firm, to determine whether some of its capital came from the Chinese government — and if it shared sensitive startup data with Beijing. Originally launched with $115 million from China’s […]
© 2024 TechCrunch. All rights reserved. For personal use only.
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