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.

Sep 25, 2024 - 11:00

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 […]