SPD Silicon Valley Bank (SSVB)

company

About

SPD Silicon Valley Bank is the first joint venture bank to get a new banking license in 15 years

  • 51 - 100

Details

Industries
Finance,Financial Services
Founded date
Jan 1, 2012
Number Of Employee
51 - 100
Operating Status
Active
Investor Type
Investment Bank

Headquartered in Shanghai, China, SPD Silicon Valley Bank (SSVB) is a joint venture between Shanghai Pudong Development Bank Co., Ltd. (“SPDB" SSE: 600000) and Silicon Valley Bank (“SVB" NASDAQ: SIVB (SVB Financial Group)). SSVB is the first technology and innovation bank in China serving as an independent legal entity. It is also the first Sino-US joint venture bank. SSVB’s mission is to “increase our clients’ probability of success" by providing unique financial products and services to the technology and innovation industry and redefining the banking experience for innovation companies of all sizes. SSVB aims to create the “Innovation Ecosystem" and strives to be the most sought-after bank for China’s innovation economy. Target clients include those in the hardware,software, Internet, mobile, consumer technology, life science, biotechnology and clean-tech sectors.

Investments

Number of Investments
Number of Lead Investments
1
1
SPD Silicon Valley Bank (SSVB) has made 1 investments. Their most recent investment was on Jul 21, 2022, when InxMed raised $10M.
Date Company Name
Round Money Raised Industry Lead Investor
Jul 21, 2022 InxMed
Debt Financing $10M Biotechnology Yes