University of Hong Kong launches second spinout investment fund this month, Gobi–HKU Fund I

a view of the Hong Kong skyline

The University of Hong Kong (HKU) has joined forces with venture capital firm Gobi Partners and the government investment arm Hong Kong Investment Corporation to launch the Gobi–HKU Fund I.

The launch comes just a week after HKU reached a first close for its FutureTech Stars-HKU Venture Limited Partnership Fund.

The Gobi-HKU Fund I will invest in “high-potential” spinouts from the university, focusing on areas such as AI, biotech, and robotics.

It is backed by the Entrepreneurship Engine Fund, a fund-of-funds that also backed the aforementioned FutureTech Stars-HKU Venture LP Fund.

“The Gobi–HKU Fund I reflects our commitment to transforming world-class research into innovations. Our partnership with Gobi Partners strengthens HKU’s mission to turn breakthrough research into real-world solutions.

“With new investments already underway and more support on the horizon, we are accelerating the growth of high‑potential university startups. This is just the beginning of HKU’s expanding innovation journey.”

Prof Stephanie Ma, vice president and pro vice chancellor, research, of HKU

The Gobi-HKU Fund I has already made two investments: Manifold Tech, which is working on spatial intelligence for robotics, and AilsynBio, an AI-powered bioinformatics platform for peptide drug discovery.

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