Jeffrey Tiong

The idea of PatSnap first came to Jeffrey Tiong during a work-cum-study stint at a medical device start-up in the US, where he handled intellectual property due diligence. Two years later, in 2007, he founded PatSnap, which launched the PatSnap Global Patent Analytics Database, an online service that makes patent search and analysis easy to understand and use by those who aren’t intellectual property experts. The company currently has investors in Softbank Vision Fund 2, Tencent Investment and Sequoia China. In 2021, it reached unicorn status when it hit a valuation topping US$1 billion following its US$300 million Series E round.