Vpon Big Data Group Launches US$10 million Debut Fund - Vpon Ventures
Aims to Invest and Boost Asia's Big Data Ecosystem
HONG KONG and TOKYO, Oct. 8, 2020 /PRNewswire/ -- Vpon Big Data Group ("Vpon"), the Asian leading big data company, gladly announces today the official launch of its strategic investment arm. Called Vpon Ventures, the initial capital of this evergreen fund is 10 million US dollars. Vpon Venture's investment will concentrate on big data, A.I. and new economy-related industries in Asia, covering companies and startups in Japan and Hong Kong.
Victor Wu, CEO of Vpon said, "Vpon Ventures will focus on strategic investment. In addition to holding long shares and actively participating in corporate governance, we will also have strategic cooperation with those invested companies. Since Vpon understands that the data industry is closely linked, and hopes to strengthen the connections within the region, whilst providing capital, technology and business network resources for potential companies and start-ups. Besides, Vpon will forge the Longitudinal Alliance to seek cooperation opportunities with our existing clients and partners, such as international brands and the advertising industry. And we would also deepen our business development by collaborating with different sectors, including Digital Health, Insurance & Finance, IoT, and many more, as setting up the Horizontal Alliance. Our first investment shall be announced likely later this year, stay tuned!"
Vpon Business Advisor, Former NDC Minister, Ms. Chen Mei-ling agreed, "it is no doubt that the data industry is the next stress of global strategic economy development. As a leader in Asia's data industry, Vpon believes to assist the growth and expand the competitive edge, and to foster new ventures to obtain more support for fundraising, business development and R&D, so that Asian big data & A.I.-related companies and startups can better and faster integrate into the global markets. And all these goals can only be achieved by exchanging information, investment experience and industry trends, and by facilitating cooperation between developed companies and startups. Therefore, Vpon Ventures offers all parties such a great occasion."
"As a pioneer of supporting Asian start-ups, Vpon takes 'Give back to Society' as the corporate social responsibility mission. Since established 12 years ago, Vpon understands the difficulties and challenges it faces when founding a start-up," claimed Victor. "And the launch of Vpon Ventures is to serve as a role model and to encourage more business leaders in Taiwan to co-create a much more favourable environment for young entrepreneurs and jointly invest in the future of Asia. And we hope this could be taken as a modest spur to promote entrepreneurship, knowledge transfer and bring positive impacts to the communities. I wish this action can stimulate commercial institutions and CVCs to be more willing to invest Asian startups, especially in Hong Kong, Japan and Taiwan, so that the younger generations can truly see hopes and future!"
Vpon Big Data Group ("Vpon") is an Asia's leading big data company, focusing on big data analytics capability that built with cutting-edge technology with the broadest set of mobile data across Asia, in delivering effective mobile data-driven marketing solutions. Supported by the accumulation of massive data from 900 million mobile devices, and strategic partnerships with premium media resources, Vpon provides clients with customized data-centric marketing solutions, such as data analytics, branding and cross-border marketing solutions, as well as digital transformation. Dual-headquarters in both Taipei and Tokyo, Vpon was established in 2008 and is now operating in seven locations in Asia-Pacific region, including Taipei, Tokyo, Osaka, Shanghai, Hong Kong, Singapore and Bangkok. To learn more about Vpon, please visit www.vpon.com
About Vpon Ventures
As the strategic investment arm of Vpon Big Data Group ("Vpon"), Vpon Ventures makes investments in big data, A.I. and new economy related-companies and startups in Asia. And through the strategic partnerships, we're focused on strengthening cooperation and building the Asian big data ecosystem. For more information, please visit www.vpon.com
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