Taiwan’s Wistron, a communications product design and manufacturer in Taiwan, recently partnered with Silicon Valley venture capital firm Fenox Venture Capital to launch a $20 million technology fund to invest in technology startups around the world, mainly the Internet of Things. Robots, VR/AR, and other fields that combine hardware and software and industrial production.
Wistron Capital’s move aims to reach out to more startup companies in cutting-edge technology and encourage them to make better use of Asia’s strong industrial production capacity, and more Asian manufacturers including Wistron Capital’s own. Cooperation.
The company’s chairman, Simon Lin, said: “Finding the right international partner is an important part of our development of cutting-edge technology startups as customers and the enhancement of our consumers' experience. Fenox perfectly meets our expectations.â€
Fenox CEO Anis Uzzaman said: “We have invested in many top software and technology start-up companies in all parts of the world, especially in Silicon Valley. Westronics and we will make good use of each other's industry accumulation.†Fenox is in IT, health, labor More than 85 start-up companies have been invested in areas such as smart, internet, robotics, big data, VR/AR, and financial technology.
In fact, many start-up companies in Silicon Valley and around the world are looking for reliable and experienced designers, manufacturers, and after-sales partners in Asia. Wistron is able to meet their needs in this area.
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