CSC Upshot

CSC Upshot is a $400M fund that invests primarily in AngelList syndicates.

CSC Upshot is a $400M fund that invests primarily in AngelList syndicates. The fund is based in the U.S. and is independent of AngelList. Its general partners, Huoy-Ming Yeh and Veronica Wu, are both engineers with degrees from MIT and Berkeley. They have had long careers in technology and venture capital, including work at Tesla, Apple, SVB Venture Capital and PacRim Venture Partners. The fund’s largest limited partner is CSC Group. Founded in 2000, it is one of China’s top 3 private equity firms, with $14B under management. Its investing areas include information technology, new materials and clean energy. Its U.S. venture arm is lead by Tom Cole, a former startup CEO and general partner at Trinity Ventures, with engineering and MBA degrees from Yale and Stanford. CSC Group’s founder, Mr. Shan Xiangshuang, is co-chairman of the China Venture Capital Association and regarded as a pioneer in Chinese venture capital.