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.).

Alex Chang

Senior Vice President

Lillian Chen

Senior Vice President

Lina Chi

Vice President

Michel Chu

President

Tony Kuo

Investment Manager

Brian Tsai

Vice President

Past deals in Taiwan

CloudMile

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.

HWTrek

Series A in 2015
HWTrek Corp. operates a cloud-based platform designed for hardware innovators, including startups, crowdfunding creators, and small to medium-sized companies. Founded in 1995 and based in Taipei, Taiwan, HWTrek's Project Development Hub aids users in planning, developing, and launching hardware projects. The platform facilitates product development management and connects users with manufacturing and supply chain experts, creating a tailored management flow for each project. By fostering collaboration within its ecosystem of industry partners, HWTrek ensures that innovators receive optimal support and guidance, helping them navigate the complexities of bringing new hardware products to market efficiently and effectively. This approach aims to deliver high-quality products on time and within budget.

S2C

Series C in 2014
S2C Inc. specializes in manufacturing rapid prototyping solutions for system-on-chip (SoC) and application-specific integrated circuit (ASIC) designs. The company offers a range of products, including FPGA-based prototyping hardware, design and debug software, and system-level verification tools. Its Prodigy Complete Prototyping Solutions cater to various stages and scales of design, supporting a diverse clientele in electronics applications such as digital TV, wireless communication, and networking. Founded in 2003 in San Jose, California, S2C has expanded its presence globally, with offices in the United States, Europe, Japan, Korea, China, Taiwan, and India. The company maintains an engineering development center in Shanghai, which focuses on product development, while its U.S. headquarters emphasizes technology research, sales, and marketing. S2C's commitment to innovation in FPGA prototyping and integrated circuit design automation positions it as a key player in the electronics industry.
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