South Korea edged China to win a 10th straight women's archery team event gold medal on Sunday which equalled the longest active win streak for a nation in an event at the summer Olympics.
Compelling vision: Siaw, Chu and Tan at the event. The Cambrian Fund has identified a number of startups which it will be investing in.
Chu, who is also president and group chief executive of ViTrox, said: “We want to ensure that this fund is inclusive of prominent industry leaders, specifically in the tech sector, and through our conversations with them, several are showing serious interest in joining us, and they will be investing once we have launched the fund.”
Delving deeper into the motivations behind the setting up of the fund, Southern Capital managing director Kenneth Tan said at the initial stages, the Cambrian Fund will be taking an equity stake in the startups it is investing in, but is leaving the exit strategy options open. Of interest, as one could have already guessed, it is not difficult to sense the possibility that the Cambrian Fund may be potentially investing into potential competitors of ViTrox Corp itself.
Cambrian Fund VC Technology Vitrox
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