A venture capital firm backed by Qatar’s sovereign wealth fund is taking a minority stake in an AI-powered logistics technology start-up backed by Hong Kong’s wealthiest man, as it looks for investment opportunities in the Greater China region to more than triple its assets under management by the end of 2025.
Doha-based Rasmal Ventures, backed by the Qatar Investment Authority (QIA), has invested US$2 million (HK$15.6 million) in Hong Kong’s Nexx, an 18-month-old start-up backed by Li…
Source : South China Morning Post
Read more…Qatari fund invests US million in CK Asset-backed start-up Nexx















