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Advantech approves $10.4m commitment

The Taiwanese computer manufacturer has backed CBC Partner's fourth venture capital fund.

Institution: Advantech
Headquarters: Taipei, Taiwan
AUM: TWD6.15bn
Bitesize: $10m-50m

Advantech has approved a $10.35 million commitment to China Broadband Capital Partners IV. The firm will gain exposure to Chinese TMT startups through the fund.

As illustrated below, it is the firm’s first private equity commitment.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.