Hong Kong Investment Corporation (HKIC), Gobi Partners, and the University of Hong Kong (HKU) have teamed up to launch a fund investing in technology start-ups from the university's research breakthroughs. The fund, Gobi-HKU Fund I, made two initial investments.

Hong Kong Investment Corporation (HKIC), the government’s investment arm, has teamed up with venture capital firm Gobi Partners and the University of Hong Kong (HKU) to launch a fund on Tuesday to invest in technology start-ups spun off from the university’s research breakthroughs, according to an HKIC statement. Gobi-HKU Fund I made two investments at its launch: Manifold Tech, which develops spatial intelligence for robotics, and AilsynBio, which focuses on artificial intelligence-driven drug....