The MoU was signed by Shin Cheul Kim, HKUST associate vice president for research and development (knowledge transfer) (first row, left), and Chibo Tang, managing partner of Gobi (first row, right). It was witnessed by Clara Chan, CEO of the HKIC (second row, center); Thomas Tsao, co-founder and chairperson of Gobi (second row, first right); and Edith Shih, HKUST council vice chairperson and chairperson of RIF (second row, first left).
The Hong Kong University of Science and Technology (HKUST) has partnered with venture capital firm Gobi Partners and the government-owned Hong Kong Investment Corporation (HKIC) to launch its second university venture fund.
The Gobi-Redbird Innovation Fund (Gobi-RIF) is part of HKUST’s Redbird Innovation Fund, set up in April 2024. The university has committed HK$500 million to it thus far.
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