Hong Kong Cyberport: Startups Raised Over HK$3.7 Billion in the Past Year, Cumulative Funding Total Surpasses HK$41.2 Billion

According to a report by Hong Kong media Dongfang.com, Hong Kong Cyberport disclosed data showing that its community startups have successfully raised more than HK$3.7 billion in the year to September 2024, a year-on-year increase of 23%, and the Cyberport enterprises that have recently completed high-value fundraisings include KLOOK, Leapstack, Buy&ship, MediConCen, and DeBox, with the total cumulative financing exceeding HK$41.2 billion. The cumulative total funding amount exceeded HK$41.2 billion.

In addition, HashKey Group, Hong Kong's second licensed virtual asset trading platform, became Cyberport's eighth unicorn, reflecting investor support for the potential of Web 3.0 technologies and the continued success of Cyberport's efforts to promote the development of the Web 3.0 industry.

Cyberport Hong Kong said that the Cyberport Venture Capital Forum and CVCF will be held on October 24-25, focusing on how emerging technologies, such as Web 3.0 and AI, can help startups and investors break through boundaries.