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Cyberport announces first investee of Cyberport Macro Fund 

 

Cyberport launched the HK$200-million Cyberport Macro Fund (CMF) in August last year to co-invest in start-ups with seed to Series A funding, thereby fostering the development of venture capital and angel investments in Hong Kong.  Cyberport’s incubatee, Lynk, a global knowledge sharing platform, became this initiative’s first investee.

 

Lynk connects people with subject matter experts for advice, insights and knowledge sharing. With 35,000 world-class experts in over 70 countries, its clients include many leading investment houses, top tier consultant firms, corporations and startups.

 

“CMF is a testament to our pledge to give digital tech start-ups that extra push they need to excel and go global.  And more importantly, to maximise that impact by joining hands with individual and institutional investors,” explained Dr Lee George Lam, Chairman of Cyberport.

 

“I would like to thank Cyberport for their dedicated support of our entrepreneurial journey along the way,” said Peggy Choi, Founder and CEO of Lynk.  “Aside from being the first investee of the CMF, we have also received professional support through Cyberport Incubation Programme, which has helped accelerate our growth and push our business forward.  We look forward to achieving more and contributing to the digital economy.”

  

Since its launch, CMF has received overwhelming responses with over 100 applications received and over a dozen of active conversations in progress.