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Hangzhou-based virtual incubator that invests in early-stage smart technology startups and takes equity stakes.
Established in 2014 and based in Hangzhou, China, Tounaer is a virtual incubator that guides and invests in early-stage smart technology startups. It was founded by Chen Qiudong, a former vice president of Cybernaut Investment, and has incubated and invested in 24 companies with a three-year survival rate above 90%. Its services include startup guidance, financing help and networking, with an average investment of CNY 300,000 for a 5% stake.
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