25 Cyberport start-ups draw HK$3.8b funding

Local | 8 Nov 2018 6:43 pm

In the first half of the 2018-2019 fiscal year, 25 of Cyberport's start-ups attracted HK$3.89 billion of investment funding, the Secretary for Innovation and Technology, Nicholas Yang, said today at the Cyberport Venture Capital Forum.

"This is just in April to September this year. In addition to GoGoVan, we are also seeing more unicorn successes such as our home-grown Klook, an online travel agency, having landed US$200 million in its latest Series D funding. Looking to hit the US$1 billion bookings this year, Klook plans to expand to the US and European markets,'' he said. "Our fintech cluster has also grown to a community of more than 300 companies, covering from blockchain technology to cybersecurity to artificial intelligence and big data. Cyberport is now one of the leading fintech hubs in Asia.''

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