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5 in 5 minutes - September 2nd

Hong Kong startup news roundup

Agorize opens a new subsidiary in Hong Kong

After Paris, Stuttgart and San Francisco, the French startup is setting up in Asia in order to meet growing demand from local businesses for open innovation, innovative recruitment, and a closer relationship with the startup ecosystem.

Founded in 2011, Agorize acts as the missing link between companies who are seeking out innovation and talent, and innovators . Agorize has worked with over 150 key accounts including L’Oréal, Galeries Lafayette and Uber.

The Elevator World Tour comes to Hong Kong

Elevator World Tour is a well-known worldwide start-up contest that runs literal elevator pitches in some of the world’s most iconic buildings. Hong Kong is chosen as the only stop in Asia to host this unique start-up event!  100 best startups in the region will give their pitch inside the elevator in ICC, the highest building in Hong Kong.

 HTC invests $5M in VR studio

Steel Wool Studios, a virtual reality studio has received $5 million in Series A funding from HTC. The funding will be used to support its game, simulation and narrative VR experience.

China's HunterOn raises RMB 200M

HunterOn, a Chinese Job Recruitment App has raised RMB200 million in Series C funding in a round led by UOB Venture Management, with the participation from IDG Capital Partners. The funding will be used to expand its services to more sectors including finance, healthcare, and consumer.

WeWork launches in Hong Kong

WeWork's first site in Hong Kong is open! The global workspace announced earlier that it will open its first location in Tower 525, Causeway Bay. The workspace can house more than 1300 members.



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