Kuang-Chi Group, a Shenzen, China-based high-tech company, has launched its second Global Community of Innovation (GCI) fund.
The fund, which follows a previous investment of $50m, will invest up to $250m in companies developing technology in industries including robotics, IoT, telecommunications, and digital health.
It has a focus on global startups.
Through investments of the first GCI fund, Kuang-Chi has taken stakes in companies with a focus on innovative and disruptive technologies, including video intelligence provider Agent Video Intelligence (Agent Vi), gesture control leader eyeSight; emotions analytics pioneer Beyond Verbal; biometric authentication provider Zwipe; and UAV surveillance company SkyX.
Led by Dr. Ruopeng Liu , chairman, and Dorian Barak, global investment director, Kuang-Chi has also established a number of JVs to strengthen its portfolio companies’ market positions, including one JV recently announced with Zwipe in Shenzhen.