XCEL NEXT Announces First Batch of Investments Focused on AI and Metaverse

▤ Summary

We extend our experience of running accelerator programs over the past five years to venture investments in Asia and globally, with the aim of helping founders build the next market leading companies that will transform industries, and make peoples life better in the new digital borderless world," said Founding Partner K. Yu. With presence in Taipei, Singapore and Silicon Valley, XCEL NEXT invests in AI, edge computing, mobility, healthtech, smart manufacturing, fintech, blockchain, metaverse, and next-gen technology startups. IMVERSE (www.imverse.com) is a Switzerland startup that provides voxel solutions for live holograms and real-time 3D graphics with applications across social media, entertainment, gaming, education, e-commerce, remote work and virtual meetings. "We have invested a total of US$1.1 million in these four startups, and our co-investors include ROBO Global, Enterprise Singapore, ICCP SBI Venture Partners, an international real estate group, Taiwan and Hong Kong public companies, as well as other American, European and Asian investors. Jason Liu, the Managing Partner in charge of the program, said that large enterprises will foster industry transformation and upgrading by cooperating with startups, while founders can obtain more resources to speed up product and business development.

▦ Linked Companies

X0PA AI

$1M to $5M