Hotung Investment

Hotung Investment Holdings Limited is a Taiwan-based private equity firm established in 1987, primarily focused on venture capital investments. As the principal investment arm, Hotung oversees a range of subsidiaries, including Hotung Venture Capital, which was formed through the merger of several venture capital entities. The firm operates globally, with a strong presence in Greater China, Silicon Valley, and Israel, targeting innovative and promising companies in their start-up and expansion stages. Hotung's investment strategy emphasizes supporting its portfolio companies through resources and expertise to enhance their growth and product development. The firm has a notable track record, having facilitated approximately 200 successful initial public offerings across major stock exchanges, including Nasdaq, the New York Stock Exchange, and the Taiwan Stock Exchange. Additionally, Hotung participates in Taiwanese government investment programs and has been listed on the Mainboard of the Singapore Exchange since 1997, distinguishing itself as the first Taiwan venture capital firm to achieve this status.

Steven Huang

Senior Vice President

42 past transactions

iKala

Series B in 2020
iKala Interactive Media Inc. specializes in artificial intelligence-driven marketing technology solutions, offering a suite of services designed to enhance customer acquisition and retention for enterprises. The company's key products include iKala Cloud, a machine learning and cloud infrastructure platform for marketers; KOL Radar, which provides integrated social commerce and influencer marketing services; and Shoplus, an AI-driven service for social commerce sales. Founded in 2011 and headquartered in Taipei, Taiwan, with additional offices in Vietnam and Thailand, iKala serves over 400 enterprise clients across various industries, including many Fortune 500 companies. Its technology enables businesses to effectively engage with their customers through data-driven marketing strategies. The company operates in multiple markets, including Taiwan, Singapore, Japan, Hong Kong, the Philippines, Thailand, and Vietnam, and is recognized as a global partner for both Google Cloud and Facebook's marketing solutions.

VoiceTube

Series A in 2019
VoiceTube is an English learning platform, which transcends traditional English education with innovative technology.

iKala

Series A in 2019
iKala Interactive Media Inc. specializes in artificial intelligence-driven marketing technology solutions, offering a suite of services designed to enhance customer acquisition and retention for enterprises. The company's key products include iKala Cloud, a machine learning and cloud infrastructure platform for marketers; KOL Radar, which provides integrated social commerce and influencer marketing services; and Shoplus, an AI-driven service for social commerce sales. Founded in 2011 and headquartered in Taipei, Taiwan, with additional offices in Vietnam and Thailand, iKala serves over 400 enterprise clients across various industries, including many Fortune 500 companies. Its technology enables businesses to effectively engage with their customers through data-driven marketing strategies. The company operates in multiple markets, including Taiwan, Singapore, Japan, Hong Kong, the Philippines, Thailand, and Vietnam, and is recognized as a global partner for both Google Cloud and Facebook's marketing solutions.

EarlySense

Series H in 2019
EarlySense develops signal-processing technology. The company's lead product, EverOn, a contact-free early detection patient supervision system that measures, records, displays, and alerts heart and respiration rates, as well as bed entries and exits, patient motion, and quality of sleep from under the mattress. EarlySense Ltd. was founded in 2004 and is based in Ramat Gan, Israel with a research and development facility in Israel; and marketing offices in Boston, Massachusetts.

Zhangtongjiayuan

Series B in 2015
Xiamen Shenzhou Eagle Software Technology Co., Ltd. is a high-tech enterprise specializing in R & D management platform, which was established on January 25, 2011 with a registered capital of 22.442 million.

Wenjun Marketing

Angel Round in 2015
Developer of marketing technology designed to provide marketing strategies for businesses. The company uses big data and artificial intelligence technologies to capture real-time big data on the Internet to help businesses do marketing strategy analysis and formulate brand marketing strategies, enabling businesses to obtain digital marketing services.
Xiamen Shenzhouying Software Technology Co. Ltd. (厦门神州鹰) is a Chinese high-tech enterprise focused on the research and development of audio and video compression technologies. The company also offers solutions for the security industry through compression algorithms and perfect platform software. Xiamen Shenzhouying Software Technology uses ultra-low stream lossless compression technologies to overcome the problem of transmitting at the video transmission speed of 64 KB in the upstream broadband in ADSL networks. The doubleline-multipoint services established by the company itself enable users to realize interconnections between Telecom and Unicom and enjoy clearer surveillance videos with more screens. The professional version of this technology can even allow as many as 2000 people online at the same time.

Zhangtongjiayuan

Series A in 2013
Xiamen Shenzhou Eagle Software Technology Co., Ltd. is a high-tech enterprise specializing in R & D management platform, which was established on January 25, 2011 with a registered capital of 22.442 million.

YPX Cayman Holdings

Series B in 2011
YPX Cayman Holdings Co. (心品印象) operates in the food and beverage industry, managing restaurant chain in China. Whilst it has its own brand Cloud9 吞云小莳, it will be introducing new brands into China via franchising or partnerships with companies from other countries who want to come into China. Its aim is to have about 1,500 stores in China by 2020, in combined brands.

RYB Education

Series B in 2011
RYB Education ("RYB") is a pioneer in the early childhood education market in China. RYB provides comprehensive early childhood education solutions to meet the needs of children from infancy to 6 years old through kindergartens and play-and-learn centers, as well as at-home educational products and services.

Dajie

Series B in 2011
Dajie.com operates a mobile social recruitment platform. It provides job seekers with professional profiles, contacts, job search, chat, search, company, and other products; and offers recruiters with publishing positions, reverse invitation, employer brand interaction, people recruitment, and other products. The company was founded in 2008 and is based in Beijing, China. It has branches in Shanghai and Guangzhou.

VANCL

Series F in 2011
VANCL retails apparel, accessories, footwear, luggage, and textiles online. It markets shirts, T-shirts, trousers, pants, shorts, dresses, silk ties, belts, caps, scarves, sunglasses, shoes, sandals, socks, handbags, luggage, backpacks, bedsheets, and towels. VANCL has both online and physical stores. Chen Nian founded it in 2007, with its headquarters in Beijing in China.

UltiZen

Series C in 2010
Ultizen Games Ltd. operates as a game development and offshore game outsourcing company in China. It involves in game design, level design, programming, art design, modeling, animation production, and testing services. The company offers online casual game PC, Xbox360 live arcade game, and U-PAL online casual game platform. Ultizen Games' outsourcing services include art design, 2D art production, 3D modeling, and animation production on various platforms; porting and networking; testing and localization; game development; and IPTV game development. The company serves North American, European, and Japanese companies. Ultizen Games Ltd. was founded in 2005 and is based in Shanghai, China.

Canesta

Venture Round in 2009
Canesta is the inventor of revolutionary, low-cost electronic perception technology that is the foundation for the "other side of 3-D" – true 3-D perception as input to everyday devices, rather than the widely-understood 3-D representational technologies as output. Canesta's 3-D input technology, based upon tiny, CMOS 3-D imaging chips or "sensors", enables fine-grained, 3-dimensional depth-perception in virtually any kind of consumer device such as PCs, TVs, game consoles, and mobile phones, as well as automotive, industrial, and other products. Such products can then react on sight to the actions or motions of individuals and objects in their field of view, gaining levels of functionality and ease of use that were simply not possible in an era when such devices were blind. Numerous applications are under active development by Canesta's OEM customers and partners, including consumer electronics, PC, TV, building automation, security, robotics, automotive, and others. Such customers and partners include Hitachi, Honda, Optex, Optronic, Quanta, SMSC, and others which have yet to be announced. Canesta is located in Sunnyvale, CA. The company has filed in excess of fifty patents, 40 of which have been granted so far The company was founded in 1999 and is based in Sunnyvale, California.

Lakala

Series B in 2008
Lakala Payment is a consumer financial services company in China. It caters to well-known convenience stores, supermarkets, shopping malls, and community groceries. It also offers services for credit card repayment and utility payment transactions. Customers can conduct various financial functions such as payment, repayment, recharging, and transfer-at-home thus reducing the pressure of traffic on bank counters. Lakala was launched in 2005 and is based in Beijing, China.
Shanghai Haofang Online Information Technology Co., Ltd. (浩方在线) is an online company focused on providing services such as online gaming platforms, popular and casual games, game information, gaming communities, and more. In September, 2002, Haofang Online officially released a mature electronic sports game platform. Since then, it has rapidly met the gaming needs of several ten million gamers and has won the favor of over 80% domestic electronic sports gamers with such advantages as advanced technology of virtual local area network, rich types of supported games, and normal operation of matches. So far, Haofang game platform has 62 million registered users with peak users reaching half million, and a market share of 80% till present.

Chelsio Communications

Series E in 2008
Chelsio is a technology company focused on solving high performance networking and storage challenges for virtualized enterprise data centers, cloud service installations, and cluster computing environments. Now shipping its fourth generation protocol acceleration technology, Chelsio is delivering hardware and software solutions including Unified Wire Ethernet network adapter cards, unified storage software, high performance storage gateways, unified management software, bypass cards, and other solutions focused on specialized applications. Chelsio is a privately-held subsystems company headquartered in Sunnyvale, California.

Power Analog Microelectronics

Venture Round in 2007
Power Analog Microelectronics, Inc. (PAM), established in 2004, focuses on advanced analog, and high-voltage power integrated circuits. The company's mission is to deliver environmentally friendly "green" integrated circuits that are both highly efficient and space saving allowing customers to deliver the most advanced and cost effective solutions to the market place. PAM was founded in Silicon Valley by business executives with senior management experience in running publicly listed companies, plus key technologists and design experts in the analog and power IC fields. Besides the company's headquarters in Silicon Valley with an advanced research and development center, PAM also has set up technical support centers in Shanghai, shenzhen and Taipei.

Vivace Semiconductor

Series A in 2007
Vivace Semiconductor develops media processing chips for the needs of consumer market segments. The company's products, based on its ViViD Media engine and software suite for media processing and programmable, support a range of video and audio standards. It serves developers of portable media players, and mobile TV and digital TV products. The company was founded in 2005 and is based in Beijing, China.

Summit Microelectronics

Venture Round in 2007
Summit Microelectronics, Inc. specializes in the design and manufacture of integrated circuits that blend analog and digital technologies. The company focuses on providing integrated power management solutions across various sectors, including consumer electronics, communications, and computing. Its product offerings encompass a wide range of devices such as environmental and power monitors, battery chargers, multi-output power supplies, and hot swap controllers. Additionally, Summit develops programmable, non-volatile mixed-signal integrated circuits that facilitate digital control in a single chip, enhancing system performance while simplifying the design process for customers. The company also provides interface products, power supply marginers, sequencers, and electronic potentiometers, all aimed at improving power supply design efficiency and effectiveness.

ALO7 Technology

Series B in 2007
ALO7 is the largest digital ELT (English Language Teaching) product and solutions provider in China with more than 10 million registered users and more than 2,000 training school partners.We are revolutionizing the way English is learned and taught throughout China, from how schools are managed to how schools and homes are connected in the mobile Internet age

Vivace Semiconductor

Series A in 2006
Vivace Semiconductor develops media processing chips for the needs of consumer market segments. The company's products, based on its ViViD Media engine and software suite for media processing and programmable, support a range of video and audio standards. It serves developers of portable media players, and mobile TV and digital TV products. The company was founded in 2005 and is based in Beijing, China.

WiSpry

Series B in 2006
WiSpry, Inc. is a fabless radio frequency semiconductor company based in Irvine, California, founded in 2002. The company specializes in developing, manufacturing, and marketing radio frequency silicon integrated circuits and components, particularly tunable RF technology. Its product offerings include digital RF capacitors, RF capacitor networks, digital RF-MEMS tunable capacitors, filters, duplexors, and power amplifiers. These products support various applications such as RF matching circuits, agile frequency generation, and tunable filter systems. WiSpry serves a diverse clientele, including mobile handset manufacturers, RF module producers, cellular base station suppliers, and electronic system developers. As of May 2015, WiSpry operates as a subsidiary of AAC Technologies Holdings Inc.

Sinobpo

Venture Round in 2006
Sinobpo (东蓝数码) is a Chinese high-tech enterprise specialized in providing city information services. It is mainly engaged in intelligent city planning, investment, construction and operation, independently-developed software product sales, industrial application software development, integration and sharing services of public data and information resources, integration and operation services of IT systems, and more. Key application solutions, products, and services provided by the company include dispatch and command platforms for city operations, information management platforms for underground pipelines, public information, resource management and shared services platforms, cloud computing data center platforms, specialized cloud platforms for smart tourism, smart city operation platforms (smart city operation system), intelligent transportation, intelligent water services, intelligent government administration, intelligent tourism, intelligent urban management, intelligent agriculture, intelligent community, intelligent urban emergency response, intelligent monitoring, intelligent discipline inspection, intelligent party building, information exchange, cooperative office work, and mobile internet applications such as Huikor and Hui meeting.

Vidient

Series B in 2005
Vidient, Inc. develops behavior recognition and video analytics software used in security and safety applications. The company's video surveillance software recognizes and analyzes suspicious human behaviors, identifies objects, and provides actionable and real-time alerts for the security staff. It analyzes and encodes video from analog and digital IP cameras, transforming surveillance system into an intelligent video analytic network. The company markets intelligent video analytics software for use in conjunction with networks of closed circuit TV cameras to automatically detect, identify, and deter safety and security breaches in airports, subway stations, ports, utilities, government, and corporate buildings. Vidient, Inc. was founded in 2003 and is based in Santa Clara, California.

Chelsio Communications

Series C in 2005
Chelsio is a technology company focused on solving high performance networking and storage challenges for virtualized enterprise data centers, cloud service installations, and cluster computing environments. Now shipping its fourth generation protocol acceleration technology, Chelsio is delivering hardware and software solutions including Unified Wire Ethernet network adapter cards, unified storage software, high performance storage gateways, unified management software, bypass cards, and other solutions focused on specialized applications. Chelsio is a privately-held subsystems company headquartered in Sunnyvale, California.

Vidient

Series A in 2004
Vidient, Inc. develops behavior recognition and video analytics software used in security and safety applications. The company's video surveillance software recognizes and analyzes suspicious human behaviors, identifies objects, and provides actionable and real-time alerts for the security staff. It analyzes and encodes video from analog and digital IP cameras, transforming surveillance system into an intelligent video analytic network. The company markets intelligent video analytics software for use in conjunction with networks of closed circuit TV cameras to automatically detect, identify, and deter safety and security breaches in airports, subway stations, ports, utilities, government, and corporate buildings. Vidient, Inc. was founded in 2003 and is based in Santa Clara, California.

CommASIC

Series A in 2004
CommASIC Inc. is a fabless semiconductor company that develops wireless broadband chipsets for handheld applications.

Airespace

Series D in 2004
Airespace is a market leader in the design and development of wireless networking platforms that support business-critical applications. The company's AireWave Director(TM) Software provides dynamic RF intelligence for network optimization, air tight security, seamless mobility, and support for real-time applications, such as voice. With Airespace, enterprises can maximize the value of mobility by putting the air space to work.

PolyFuel

Series C in 2004
PolyFuel, Inc. designs, develops, engineers, and manufactures portable fuel cells to create electronic-based devices and products. The company was incorporated in 1999 and is headquartered in Mountain View, California.

Berkäna Wireless

Series B in 2004
Berkana Wireless is a technology company that manufactures parts for the mobile phone industry. The company’s product portfolio includes processors, Bluetooth products, cellular modems, Wi-Fi products, and more. Berkana Wireless was founded in February 2001 and is based in Campbell, California.

Cortina Systems

Series B in 2004
Cortina Systems is a prominent supplier of intelligent communication solutions, specializing in advanced port processing and connectivity across various market segments, including Core, Metro, Access, and Enterprise. The company focuses on high-speed analog-digital integration, offering a diverse range of products designed to meet customer demands for performance, density, and flexibility. By understanding and anticipating client needs, Cortina Systems aims to facilitate faster time-to-market and enhance revenue opportunities for its customers. Through continuous innovation, the company is committed to developing foundational technologies that support the evolution of new service generations in the communications semiconductor sector.

Candera,Inc.

Venture Round in 2004
A Milipitas, Calif.-based provider of storage solutions for IT infrastructures

Inovys

Series C in 2004
Inovys, a Pleasanton, Calif. company that makes software and hardware for structural testing of semiconductors, was founded in 1999.

Advanced Analogic Technologies

Venture Round in 2004
Advanced Analogic Technologies Incorporated (AATI), or AnalogicTech, develops advanced semiconductor system solutions that play a key role in the continuing evolution of feature-rich, energy efficient electronic devices. The company focuses on addressing the application-specific power management needs of consumer devices such as mobile handsets, digital cameras, tablets, notebooks, TV and LCD displays, as well as devices in a broad range of industrial, medical and telecom applications. AATI also licenses device, process, package, and application-related technologies. Headquartered in Silicon Valley, AATI has design centers in Santa Clara and Shanghai, and Asia-based operations and logistics.

Lakala

Series A in 2004
Lakala Payment is a consumer financial services company in China. It caters to well-known convenience stores, supermarkets, shopping malls, and community groceries. It also offers services for credit card repayment and utility payment transactions. Customers can conduct various financial functions such as payment, repayment, recharging, and transfer-at-home thus reducing the pressure of traffic on bank counters. Lakala was launched in 2005 and is based in Beijing, China.

Airespace

Series C in 2003
Airespace is a market leader in the design and development of wireless networking platforms that support business-critical applications. The company's AireWave Director(TM) Software provides dynamic RF intelligence for network optimization, air tight security, seamless mobility, and support for real-time applications, such as voice. With Airespace, enterprises can maximize the value of mobility by putting the air space to work.

Candera,Inc.

Venture Round in 2003
A Milipitas, Calif.-based provider of storage solutions for IT infrastructures

Resonext Communications

Series C in 2002
Resonext is a provider of integrated silicon complementary metal-oxide-semiconductor (CMOS) wireless local area network (WLAN) solutions for 802.11a and multiband (802.11a/b/g) platforms primarily in the United States.
Virtual Silicon Technology is a provider of SIP solutions to manufacturers and designers of system-on-chip semiconductors.
Virtual Silicon Technology is a provider of SIP solutions to manufacturers and designers of system-on-chip semiconductors.