The technology development group has established a $250m second corporate venturing fund, less than six months after its $50m first fund.
China-based technology development firm Kuang-Chi Group disclosed $50m of venture capital investments today and pledged to provide another $250m in funding to startups.
Kuang-Chi supplied $50m to its newly formed Kuang-Chi GCI Fund & Incubator in May this year and stated at the time it would consider growing the fund size to $300m in the next three years.
The company led a $6m round for video intelligence provider Agent Video Intelligence and a $3m round for emotional analytics…