Industrial Technology Investment Corporation
We are the venture capital arm of the renowned R&D consortium – the Industrial Technology Research Institute (ITRI). Since our creation in 1979, we have invested over US$400 million across virtually all stages, sectors, and timezones. Companies we have nurtured have gone on to define entire industries, and boast a combined market cap of well over US$200 billion.
Since its inception, ITIC has been instrumental in leading Taiwan's initial ventures into technology-based businesses, such as integrated circuits, automation, opto-electronic display, etc. ITIC is an original shareholder of some industry leaders such as UMC, Taiwan Mask Corp., Acer Display Technologies, Inc.(renamed as AU Optronics Corp.).
Sector
21 past transactions
Cloud Mile Ltd.
Series B in 2020
Founded in 2016, CloudMile is a Taiwan-based B2B cloud service provider, offering tailor-made cloud solutions to all scale of business by leveraging the power of big data analysis and machine learning.
CloudMile is a Google Cloud Partner and Google Cloud Platform’s (GCP’s) APAC strategic service partner. We specialize in Google Cloud services and growing rapidly across Asia. CloudMile provides professional cloud consulting services and technical support to clients from Taiwan, China, Hong Kong and Southeast Asia.
Ball Wave Inc.
Venture Round in 2021
Ball Wave Inc. develops, manufactures, and sells sensors. The company offers trance moisture sensors and mini sensors. It also provides ball surface acoustic waves gas sensors. The company was founded in 2015 and is based in Sendai, Japan.
Hprobe SA
Seed Round in 2020
Hprobe SA designs and builds automated wafer level magnetic test solutions for MRAM, HDD, magnetic sensors, and inductors. The company provides equipment and software for wafer prober testing automation. Hprobe SA was founded in 2017 and is based in Eybens, France.
Arieca
Seed Round in 2019
Arieca manufactures and distributes a thermally conductive rubber composite. Arieca's composite is a stretchable, thermally conductive rubber that combines elasticity of soft silicone with the thermal of metal to be used as circuit wiring, sensors, and passive heat exchangers, allowing manufacturers to deploy an alternative form of rubber that improve the performance electronics and help them to safely interact with humans.
Agility Robotics
Series B in 2022
Agility Robotics Inc. is a robotics development company that designs and develops robotic machines. Its products include Cassie, a bipedal robot for walking and running; Legged robots, serves as a mobile sensor platform; and Robotic legged locomotion, enables live and real-time sensing with human-like mobility. It develops robotic machines for academic, corporate, and military research and development. Agility Robotics Inc. was founded in 2015 and is based in Albany, Oregon.
Vesper
Venture Round in 2021
Vesper Technologies Inc. develops and manufactures piezoelectric MEMS microphones. It offers its products for various microphone array applications in mobile handsets, tablets, and other products. The company was formerly known as Sonify. The company was founded in 2009 and is based in Boston, Massachusetts.
Floadia Corporation
Series B in 2017
Floadia Corporation is an energetic start up, focused on providing embedded non-volatile memory IP solutions.The engineering team came from Renesas who has been developing embedded FLASH technology for over 20 years, including the inventor of "Source Side Injection" for Split Gate FLASH, which is the fundamental technology for commonly used FLASH architecture today.
al+
Series H in 2022
al+ is a Personal Artificial Intelligence which reconstructs individual personalities on the cloud by analyzing life log data of individuals and their groups. Based on the analysis of individual personalities, unproductive parts of labour will be automated and alt’s operating efficiency will be maximized.
al+ users can focus on more productive, creative and sophisticated work. Using this methodology, we sincerely hope to contribute to the solution of different kinds of social problems.
Looop Inc.
Venture Round in 2017
Looop Inc. constructs, develops, and maintains solar power generation systems. The company was founded in 2011 and is based in Tokyo, Japan.
HWTrek
Series A in 2015
HWTrek Corp. operates a cloud-based platform for hardware innovators to plan, develop, and launch their hardware projects. Its platform enables startups and crowdfunding creators, and small and medium size companies to manage their product development, connect with the manufacturing and supply chain industry experts, and bring their projects to market in Taiwan and internationally. The company was founded in 1995 and is based in Taipei, Taiwan.
Portal Wave
Series B in 2000
Portal Wave was founded in 1999 to create a technology platform that could expand and assimilate the successive waves of change the Internet has brought to business.
The founders realized that companies needed a flexible, scalable and extensible platform from which to incorporate all these changes and at the same time tie them together. This was their vision for the enterprise portal for e-business.
nanoGriptech, Inc.
Venture Round in 2018
NanoGriptech has developed a nature-inspired microfiber based adhesive that functions in the same way a gecko’s feet stick to surfaces. As a dry, durable, residue-free, and customizable adhesive, nanoGriptech’s product provides a superior alternative to reusable adhesives currently being used in a large variety of industries such as clothing, sports, automotive, product design, and medical devices.
The company has successfully engaged in partnerships with several multinational corporations across these industries and just started its first small volume sale in high friction/grip clothing material market.
Celsion
Venture Round in 2020
Cellusion is a regenerative medicine startup from Keio University. The mission of Cellusion is to deliver novel therapies for all bullous keratopathy patients by our iPS cells origin corneal endothelial cells mass culture system.
SiLC Technologies
Seed Round in 2020
SiLC Technologies is a Silicon Photonics start up focusing on photonic Sensor and 3D imaging applications. It develops new and novel technologies and integrated solutions to address the growing needs of an autonomous and smart new world.
Agility Robotics
Series B in 2020
Agility Robotics Inc. is a robotics development company that designs and develops robotic machines. Its products include Cassie, a bipedal robot for walking and running; Legged robots, serves as a mobile sensor platform; and Robotic legged locomotion, enables live and real-time sensing with human-like mobility. It develops robotic machines for academic, corporate, and military research and development. Agility Robotics Inc. was founded in 2015 and is based in Albany, Oregon.
WHILL
Series B in 2016
WHILL designs and creates personal mobility products for indoor and outdoor applications. WHILL is making transportation enjoyable and smart for everybody. It aims to change the perception of mobility devices such as wheelchairs and scooters through advanced technology and smart design.
It was founded in 2013 and is headquartered in San Carlos, California.
S2C Japan
Series C in 2014
S2C provides a complete design verification service based on FPGA prototyping. Its product, Prodigy ™ Complete Prototyping Solutions, is a comprehensive solution that can be used at multiple sites at any functional design stage, at any design scale.
It was established in 2014 and is headquartered in Yokohama, Kanagawa, Japan with a head office in California, USA.
nanoGriptech, Inc.
Venture Round in 2020
NanoGriptech has developed a nature-inspired microfiber based adhesive that functions in the same way a gecko’s feet stick to surfaces. As a dry, durable, residue-free, and customizable adhesive, nanoGriptech’s product provides a superior alternative to reusable adhesives currently being used in a large variety of industries such as clothing, sports, automotive, product design, and medical devices.
The company has successfully engaged in partnerships with several multinational corporations across these industries and just started its first small volume sale in high friction/grip clothing material market.
