TMI Holding Corporation, a corporate venturing vehicle set up by the US venture capital firm WI Harper Group, Kaifu Lee, head of Innovation Works —China’s largest foreign owned Venture Capital Fund— and ITRI, a Taiwan nonprofit R&D organization engaging in applied research and technical services, has invested in three Taiwan start-ups. Founded in 2012, TMI makes early stage investments in companies developing companies in the mobile, internet and e-commerce sectors.
The three seed round investments include Citiesocial, a Taiwan-based startup…