Taiwan

Alibaba Group Holding Limited (NYSE: BABA) is to intention to set up a not-for-profit fund to support entrepreneurs from Taiwan. The New Taiwan Dollar 10 billion (approx. US$316m) fund will be used to support the growth of Taiwa-based, entrepreneur-run marketplaces and platforms in the Alibaba ecosystem, enabling them to offer products and services in the […]

Fabless semiconductor company MediaTek launched a new US$300m strategic investment arm. Headquartered in Hsinchu, Taiwan, MediaTek Ventures will initially invest in startups in Greater China, Europe, Japan and North America. The firm invests into innovative startups in semiconductor-system-and devices, Internet infrastructure, services and IoT, with the goal of creating a collaborative ecosystem around MediaTek’s corporate […]

QLL, a Taiwan-based developer of mobile apps, raised $450k in funding. The round was led by B Dash Ventures with participation from other investors Incubate Fund, Pinehurst Advisors, Viling and Coent Venture Partners. The company, which was previously seeded by AppWorks, a Taiwan-based accelerator program, intends to use the funds to further its product development […]

Gogoro, a Taiwanese energy startup, is finalizing a $100m Series B financing round. Founded in 2011 by Matt Taylor and Horace Luke, CEO, the company leverages mobile connectivity and data analytics to provide energy distribution and management capabilities to “smart” cities. Gogoro, which had secured $50m in Series A funding in 2011 from a variety […]

Loopd, a San Francisco and Taiwan-based provider of marketing solutions tools, raised $1m in funding. Backers included Tim Draper, Salesforce.com CEO Marc Benioff and Vuclip co-founder Xinhui Nui. Led by Brian Friedman, CEO, Loopd provides proximity marketing tools for marketing executives to prove event ROI, deliver high quality leads, gather accurate attendee profiles, optimize event […]

AirSig, a Taiwanese startup that develops air signature and writing technology, received a $2m investment from Foxconn Technology Group. Foxconn will acquire a 10% stake in the company valuing it at USD20m. Led by Pokai Chen, CEO, Roland Wang, Chief Strategy Officer, Jay Chen, Chief Technology Officer, Mark Yu, Chief Marketing Officer, AirSig has developed air signature and writing technology which […]

KKBOX, an Asian music streaming service provider, raised $104m in funding. Singapore-based sovereign wealth fund GIC made the investment. The company intends to use the funds for international expansions as well as to refine its technology and service. Established in 2004 by Chris Lin, CEO, KKBOX is on of the leading digital music platform in […]

According to local reports (read here), hardware, software and services company Acer has launched a new venture capital initiative. With an amount of US$33.5m, the company aims to make long-term investments to strengthen technology development generate financial returns. Reports said that the Asian giant has appointed an external executive as the fund investment director. He […]

JHL Biotech, Inc., a  Taiwan-based biopharmaceutical company, closed a $35m Series B financing round. The round was led by new investors Milestone Capital and a consortium of Taiwan venture capitalists and individuals, including President International Development Corp., Fubon Financial Holdings, Taishin Financial Holdings, TaiAn Technologies, Hotung Group, Dr. Allen Chao (founder of Watson Pharmaceuticals), and existing […]

SanJet Technology Corp., a digital image solution provider in greater China, received a vc investment from Intel Capital. The amount of the investment, which was made with funding from the $100m Intel Capital Connected Car Fund, was not disclosed. The funds will support the development of the company’s applications for wearable and vehicle devices including […]

Senhwa Biosciences, Inc., a Taiwan and San Diego, CA-based developer of anticancer agents, raised an additional USD$17m Series B financing. Backers included H&Q Asia Pacific, Morningside and China Investment & Development Co., Ltd. The company intends to use the funds to continue the development of its anticancer agents CX-5461 and CX-4945 and take them through […]

Lintes Technologies, a Taiwanese provider of innovative high-speed connectivity products, received an equity investment from Intel Capital. The amount of the deal was not disclosed. Lintes Technologies provides high-speed connectivity products that expand PC and server capabilities and performance with data transfer and communication technologies. Products include Thunderbolt peripherals with electrical/optical cable and the Active […]