Hotung Venture Group

Hotung Venture Group, established in 1987 and headquartered in Taipei, Taiwan, operates as a principal investment arm of Hotung Investment Holdings Limited. This venture capital firm focuses on investments in innovative and promising businesses, primarily in start-up and expansion stages, across various industries globally, including Greater China, Silicon Valley, and Israel. Through its expertise and strong network, Hotung supports its investee companies in developing their products and services. The firm has a proven track record, having facilitated around 200 successful IPOs, with investments listed on major stock exchanges in Asia, the United States, and Europe. Additionally, Hotung manages third-party funds alongside those generated from its venture capital activities. It has been actively involved in Taiwanese government investment programs since 2011 and is recognized as the first Taiwan venture capital firm listed on the Singapore Exchange.

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.

KUICKWHEEL

Series B in 2017
Developer of shared electric scooter designed for short trips. The company's products mainly focus on vehicle-sharing system solutions including electric scooters, e-bikes, and electric motorcycles, which are equipped with professional scooter comprehensive laboratories to do dynamic bump tests, horizontal impact tests, and life tests, providing customers with high-quality products.

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.

YPX Cayman Holdings

Series B in 2011
YPX Cayman Holdings Co., Ltd. is a restaurant management company based in Shanghai, China, specializing in the food and beverage industry. Established in 2010, the company operates a chain of restaurants under the brand name Cloud 9. In addition to its own brand, YPX Cayman Holdings aims to introduce new restaurant concepts into the Chinese market through franchising and partnerships with international companies. The company has set an ambitious goal of expanding its presence to approximately 1,500 stores across various brands in China. Its focus is on providing affordable, high-quality dining experiences, particularly in the realm of Taiwanese casual dining and snacks.
Gravitas Education Holdings operates in the early childhood education sector in China, focusing on children aged 0 to 6 years. The company provides kindergarten services and play-and-learn centers designed to enhance child development and strengthen family bonds while preparing children for formal schooling. Additionally, Gravitas develops and sells a range of educational products, including teaching aids, educational toys, and at-home learning materials. These products are offered through franchisees, business partners, and directly to families. As of the end of 2019, the company managed 100 directly operated and 250 franchise kindergartens, along with 6 play-and-learn centers. Founded in 1998 and headquartered in Beijing, Gravitas Education Holdings has established itself as a leader in the early childhood education market in China.

Dajie

Series B in 2011
Dajie.com is a mobile social recruitment platform based in Beijing, China, with additional branches in Shanghai and Guangzhou. Founded in 2008, it connects job seekers with recruiters by facilitating the creation of professional profiles, enabling job searches, and allowing for direct communication. The platform promotes professional networking through real-name registration and encourages business interactions among users. Dajie.com offers various services, including job postings for employers, reverse invitations, and tools for enhancing employer branding. It aims to streamline the recruitment process while expanding career networks and fostering industry communication, adding approximately one new user every second.

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 specializes in electronic perception technology that enables devices to achieve true 3-D perception, moving beyond traditional 3-D representation. By utilizing small CMOS 3-D imaging chips, Canesta's technology allows various consumer and industrial products, such as computers, televisions, game consoles, mobile phones, and vehicles, to recognize and respond to the presence and movements of people and objects in their environment. This capability significantly enhances the functionality and user experience of these devices. The company collaborates with several original equipment manufacturers (OEMs) and partners, including notable names in consumer electronics and automotive industries, to develop innovative applications for their technology. Founded in 1999 and based in Sunnyvale, California, Canesta has filed over fifty patents, with a substantial number granted, underscoring its commitment to innovation in the field of electronic perception.

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 Communications, Inc. is a technology company that specializes in high-performance networking and storage solutions. Founded in 1997 and headquartered in Sunnyvale, California, with a design center in Bengaluru, India, Chelsio develops both hardware and software to address the demands of virtualized enterprise data centers, cloud service installations, and cluster computing environments. Its product offerings include Unified Wire Ethernet network adapter cards, unified storage software, high-performance storage gateways, unified management software, and bypass cards, among others. The company also provides protocol engines and server adapters designed for convergence networks, facilitating efficient traffic management over Ethernet. Chelsio markets its products through a network of distributors, integrators, and resellers, serving customers both domestically and internationally.

Power Analog Microelectronics

Venture Round in 2007
Power Analog Microelectronics, Inc. (PAM), founded in 2004 in Silicon Valley, specializes in the development of advanced analog and high-voltage power integrated circuits. The company aims to provide environmentally friendly, highly efficient, and space-saving integrated circuits that enable customers to deliver cutting-edge and cost-effective solutions. PAM's product offerings include digital audio amplifiers, power management semiconductors, LED backlighting drivers, and mixed-signal integrated circuits. With an emphasis on sustainability, PAM supports electrical equipment manufacturers by supplying a diverse range of eco-friendly semiconductors. In addition to its headquarters, PAM has established technical support centers in Shanghai, Shenzhen, and Taipei to enhance its customer service and technical assistance.

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

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 Communications, Inc. is a technology company that specializes in high-performance networking and storage solutions. Founded in 1997 and headquartered in Sunnyvale, California, with a design center in Bengaluru, India, Chelsio develops both hardware and software to address the demands of virtualized enterprise data centers, cloud service installations, and cluster computing environments. Its product offerings include Unified Wire Ethernet network adapter cards, unified storage software, high-performance storage gateways, unified management software, and bypass cards, among others. The company also provides protocol engines and server adapters designed for convergence networks, facilitating efficient traffic management over Ethernet. Chelsio markets its products through a network of distributors, integrators, and resellers, serving customers both domestically and internationally.

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. is a company that designs, develops, engineers, and manufactures portable fuel cells aimed at enhancing the performance of electronic devices. Founded in 1999 and headquartered in Mountain View, California, PolyFuel focuses on creating advanced membranes and systems to address the power deficiencies in portable electronics. The company's innovations are intended to improve the efficiency and functionality of electronic-based products, catering to the growing demand for reliable and sustainable power solutions.

Berkana 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.
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