Hong Kong Cyberport: In the past year, startups raised over HKD 3.7 billion, with a total funding amount exceeding HKD 41.2 billion

Oct 19, 2024 21:40:07

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ChainCatcher news, according to Hong Kong media East Network reports, Hong Kong Cyberport disclosed that its community startups successfully raised over HKD 3.7 billion in funding in the year ending September 2024, an increase of 23% year-on-year. Recent high-profile financing completed by Cyberport companies includes KLOOK, Leapstack, Buy&ship, MediConCen, DeBox, among others, with a cumulative total of over HKD 41.2 billion in funding.

In addition, HashKey Group, the second licensed virtual asset trading platform in Hong Kong, has become the eighth unicorn company in Cyberport, reflecting the investment potential of Web 3.0 technology applications attracting investor support, as well as the effectiveness of Cyberport's efforts to promote the development of the Web 3.0 industry.

Hong Kong Cyberport stated that the Cyberport Venture Capital Forum, CVCF, is scheduled to be held from October 24 to 25, focusing on how emerging technologies such as Web 3.0 and AI can help startups and investors break boundaries.

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