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Innovation and Technology Venture Fund

Asia, Hong Kong Island, Hong Kong, Wan Chai

Description

The HK$2 billion ITVF was set up by the Hong Kong Government with a view to creating a vibrant local innovation and technology eco-systems

Investor Profile

Innovation and Technology Venture Fund has backed more than 16 startups, with 8 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Pre Seed rounds (top funding stages).
  • Majority of deals are located in Hong Kong, United States, Singapore.
  • Strong thematic focus on Software, Compliance, Messaging.

Stage Focus

  • Series A (44%)
  • Series B (25%)
  • Pre Seed (13%)
  • Series C (13%)
  • Seed (6%)

Country Focus

  • Hong Kong (38%)
  • United States (25%)
  • Singapore (19%)
  • China (13%)
  • Iceland (6%)

Industry Focus

  • Software
  • Compliance
  • Messaging
  • B2c
  • Communications Infrastructure
  • Information And Communications Technology (Ict)
  • Information Technology
  • Artificial Intelligence (Ai)
  • Robotics
  • Health Care
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Innovation and Technology Venture Fund frequently co-invest with?

SC
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 1
Lingfeng Capital
Asia, Beijing, China, Beijing
Co-Investments: 1
Earlybird Venture Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 1
BVCF
Asia, Shanghai, China, Shanghai
Co-Investments: 1
Bay City Capital
North America, California, United States, San Francisco
Co-Investments: 1
QBN Capital
Asia, Guangdong, China, Wanchai
Co-Investments: 1
Co-Investments: 1
Brunnur Ventures
Europe, Gullbringusysla, Iceland, Reykjavík
Co-Investments: 1
MindWorks Capital
Asia, Hong Kong Island, Hong Kong, Central
Co-Investments: 2
Hyfinity Investments
Asia, Beijing, China, Beijing
Co-Investments: 1

What are some of recent deals done by Innovation and Technology Venture Fund?

Cornerstone Robotics

Hong Kong, Hong Kong Island, Hong Kong

Cornerstone Robotics operates to improve the accessibility of high-end medical services in China.

Health CareMedicalRobotics
Series CJan 13, 2025
Amount Raised: $70,000,000
Varadise

Kwun Tong, Kowloon, Hong Kong

Varadise is a digital twin platform offering technology services, cloud platforms, and business services comprising IoT and AI.

Artificial Intelligence (AI)Cloud Data ServicesInformation TechnologyInternet of ThingsSoftware
Series AJan 10, 2025
Amount Raised: $3,000,000
FJ Dynamics

Singapore, Central Region, Singapore

FJ Dynamics is a global robotic company that provides digital and autonomous solutions for agriculture, construction, and other sectors.

AgricultureArtificial Intelligence (AI)Industrial AutomationRobotics
Series BNov 30, 2024
Amount Raised: $1,500,000
Botsync

Singapore, Central Region, Singapore

Botsync builds autonomous mobile robots to automate material movement from point to point for the logistics and manufacturing industry

Industrial AutomationLogisticsRobotics
Series AOct 23, 2024
Amount Raised: $350,000
LeapXpert

New York, New York, United States

LeapXpert is a business communication platform that provides compliance solutions.

B2CCommunications InfrastructureComplianceInformation and Communications Technology (ICT)MessagingSoftware
Series BOct 1, 2024
Ksher

Beijing, Beijing, China

Ksher provides user-friendly portal to expand business and attract target consumers.

AppsPayments
Series BSep 24, 2024
Amount Raised: $1,000,000
YAS

Wan Chai, Hong Kong Island, Hong Kong

YAS is a blockchain based insurtech company that offers microinsurance services.

BlockchainFinTechInsuranceInsurTech
Series AAug 15, 2024
Amount Raised: $1,900,000
Toku

Singapore, Central Region, Singapore

Toku create bespoke cloud communications and customer engagement solutions to reimagine customer experiences for enterprises.

Information ServicesInformation TechnologyMessagingMobile AppsSaaSTelecommunicationsUnified Communications
Series AAug 12, 2024
Amount Raised: $1,000,000
Yeti Confetti Kids

Menlo Park, California, United States

Yeti Confetti Kids is an educational app that combines cutting-edge technology with educator-curated content.

AppsE-LearningEducation
SeedApr 4, 2024
Amount Raised: $5,300,000
LeapXpert

New York, New York, United States

LeapXpert develops business communication platform.

B2CCommunications InfrastructureComplianceInformation and Communications Technology (ICT)MessagingSoftware
Pre SeedMar 29, 2023