Mind Fund Studio Granted US Patent for New Mobile App


Mind Fund Studio, a Hong Kong based software development company, has been granted a US patent for novel swipe gestures. The patent covers multi-select gestures used in Mind Fund Studio’s new task management app, Sorted.
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Report: The True State of Early Stage Funding in Hong Kong


You may have seen reports floating around on the interwebs on the current state of Hong Kong funding, from ill-advised infographics to strangely sourced global reports.

So we decided to call up James Giancotti of OddUp a new startup that is tracking other startups around the region, and try and put together a proper list of startup funding in Hong Kong by local investors into local companies.

It’s also a good time to check the pulse of the investor ecosystem; after all the noise that big events like RISE and StartMeUp brought to Hong Kong, how, and if, the local investor market has been doing to actually help fund local startups.

This report is looking at the actual public angel and VC groups in Hong Kong. We don’t have data on Family Offices since they keep things private, as do smaller investor syndicates and angels who don’t like to have their names on the internet. Today the HKSAR government released it’s new budget to include startups (take a look at this budget breakdown specifically for the startup sector by Charles Mok), so we will have to take a revisit this next year and see if this new budget has helped increase any activity amongst local investors.

Here is what the state of early stage funding in Hong Kong really looks like:

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Report: Hong Kong is 5th Fastest Growing Startup Ecosystem; Ranks 25th in the World


“Hong Kong is fully capable of successfully developing a strong startup ecosystem. Its number one priority is to help its entrepreneurs catch up to global knowhow.”

To close out last week’s StartMeUp Festival, Compass held an event to summarise their Global Startup Ecosystem report and specifically to share the insight they found out about Hong Kong.

Hong Kong is the 5th fastest growing startup ecosystem and ranks the 25th in the world, according to the Global Startup Ecosystem Ranking 2015 study released by the San Francisco based research firm Compass.

We’ve reprinted the summary below and you can download the final perspective as well.

We’d love to hear your thoughts in the comments.

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