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Lion X Ventures

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uuid0005fo2

Namestring
Lion X Ventures
Legal namestring
Lion X Ventures Pte. Ltd.
Websiteurl
lionpartners.cn
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Lion X Ventures Pte. Ltd. is a Singapore-based private venture capital firm and the Southeast Asian investment vehicle of Lion Partners Capital (狮城资本), founded in 2019 and backed by Southeast Asian financial groups. The firm invests primarily in growth-stage companies in Singapore, Malaysia, and Indonesia across digital economy themes including new digital infrastructure, industry digitization, new media ecosystem, ESG, and green technology, with a recent extension into physical AI and advanced manufacturing. Its core competitive positioning rests on a strategic partnership with OCBC Bank — the second largest financial group in Southeast Asia — supplemented by industry partners Yusys Technologies (fintech), Brandmax (digital marketing), DaoCloud (cloud-native), and CalmCar (autonomous driving), which together provide deal flow, vertical expertise, and a China-to-Southeast Asia cross-border bridge.

Lion X Ventures operates no proprietary technology products; its deliverable is capital and ecosystem access. The firm manages or co-manages multiple vehicles: four comprehensive funds across Xiamen, Guangzhou, Suzhou, and Anhui under the parent, plus co-management of the Empyrean Sky Partners Global Technology Fund ($200M target, $90M first close in March 2026). Notable portfolio activity in 2026 includes leading Dyna.Ai's eight-figure USD Series A, participating in AIsphere/PixVerse's $300M Series C (largest AI video round in Asia), and serving as a core partner in the HKUST–CalmCar Physical AI Innovation Center alongside HSBC. Revenue derives from fund management fees and prospective carried interest; investment terms are negotiated bilaterally with portfolio companies and are not publicly disclosed.

The firm operates from four locations: regional headquarters at 65 Chulia Street, OCBC Centre, Singapore; 1F OCBC Bank Tower, Pudong New District, Shanghai (parent HQ); an office in Nanshan District, Shenzhen; and a fund office at Xinglinwan Operation Center, Jimei District, Xiamen. Headcount is reported at 1–10, and the firm's GTM is relationship-led, relying on OCBC's network and strategic partner referrals for deal sourcing and LP distribution.

Short descriptiontext

Lion X Ventures is a Singapore-based venture capital firm and Southeast Asian arm of Lion Partners Capital, investing growth-stage capital in Singapore, Malaysia, and Indonesia across digital infrastructure, industry digitization, ESG, and physical AI. It is anchored by OCBC Bank and a network of Chinese industry partners.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersSingapore, Singapore
HQ citystring
Singapore
HQ countrystring
Singapore
HQ regionstring
Asia
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
venture capital, growth equity, technology investing, private equity, fund management
Industry1 code
1Corporate Strategic Partnership & Ecosystem Investment Arms
CodeFSANAHAFPrimaryYes
NAICS code1 code
  • Portfolio Management and Investment Advice523940
SIC code1 code
  • Investment Advice6282
Product category
Venture Capital / Private Equity
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Fund Management
TypeManaged Services
Description

Lion X Ventures generates revenue through management fees and carried interest from venture capital funds. The firm manages four comprehensive funds located in Xiamen, Guangzhou, Suzhou, and Anhui, and co-manages the Empyrean Sky Partners Global Technology Fund with a $200 million target size.

lionpartners.cn
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Lion X Ventures is a Singapore-based venture capital subsidiary of Lion Partners Capital that invests in growth-stage digital technology companies across Southeast Asia (Singapore, Malaysia, Indonesia). The firm manages four funds in Xiamen, Guangzhou, Suzhou, and Anhui, and co-manages the Empyrean Sky Partners Global Technology Fund with a $200M target. It backs AI, fintech, and applied-AI companies through Series A and Series C rounds, leveraging an OCBC Bank partnership and backing from Southeast Asian financial groups.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Lion X Ventures operates as a single core investment product — a venture capital fund focused on growth-stage companies in Southeast Asia's digital technology sector. The fund primarily invests in Singapore, Malaysia, and Indonesia, targeting new digital infrastructure, industry digitization, new media ecosystem, and ESG sectors. Partnered with OCBC Bank and strategic partners including Yusys Technologies, Brandmax, DaoCloud, and CalmCar, the fund identifies and nurtures companies with exceptional growth potential through OCBC's extensive network and industry expertise.

Product and service3 records
1Lion X Ventures Fund
CategoryVenture Capital Fund
2Empyrean Sky Partners Global Technology Fund
CategoryVenture Capital Fund
3Regional VC Funds (Xiamen, Guangzhou, Suzhou, Anhui)
CategoryVenture Capital Fund
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-06-03
Description

Lion X Ventures serves as a core strategic partner in establishing the HKUST-CalmCar Physical AI Innovation Center in Hong Kong, which launched Industry-Research Alliance and Capital Alliance focusing on full-stack physical AI technologies for autonomous driving, robotics, and smart manufacturing.

Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2026-03-01
Description

Dreame Technology has formed a strategic partnership with Empyrean Sky Partners' Global Technology Fund (co-managed by Lion X Ventures) to provide portfolio companies with industrial insights and commercialization channels.

Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

Yusys Technologies (300674) is a strategic partner of Lion X Ventures, providing financial technology expertise and vertical industry know-how. Lion Partners Capital has established partnerships with leading domestic enterprises including Yusys Technologies in financial technology.

Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

Brandmax (300805) is a strategic partner of Lion X Ventures, providing digital marketing expertise and vertical industry know-how. Lion Partners Capital has established partnerships with Brandmax in digital marketing.

Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

DaoCloud is a strategic partner of Lion X Ventures, providing cloud-native technology expertise and industry resources for portfolio companies.

Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

CalmCar (天瞳威视) is a strategic partner of Lion X Ventures in the autonomous driving and physical AI space. CalmCar serves as the initial test bed for applying physical AI to advanced intelligent driving systems and co-established the HKUST Physical AI Innovation Center.

Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2019-01-01
Description

HONSUN (Asian-Medical, 832278) is listed as an industrial partner in family health management sector, with Lion Partners Capital establishing partnerships with leading domestic enterprises including this company.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Early-stage venture capital firm actively investing across Southeast Asia with offices in Singapore, Los Angeles, and Bangkok. Comparable to Lion X Ventures in stage focus, geographic concentration in SE Asia, and emphasis on digital and enterprise tech.

TypeDirect peer
Description

Singapore-headquartered early- and growth-stage venture capital firm focused on Southeast Asia. Directly comparable as a SE Asia-focused VC investing in digital economy and growth-stage opportunities with institutional LP backing.

TypeDirect peer
Description

Singapore-headquartered venture capital firm investing across Southeast Asia with a focus on technology-enabled businesses. Comparable in geographic focus, stage, and portfolio composition.

TypeDirect peer
Description

Singapore-based early-stage VC backing tech-enabled companies across Southeast Asia. Comparable in stage focus, geographic footprint (Singapore, Malaysia, Indonesia), and digital economy investment thesis.

TypeDirect peer
Description

Early- to growth-stage venture capital firm based in Singapore, focused on Southeast Asia technology companies. Comparable in stage, geography, and digital economy investment thesis.

TypeRegional player
Description

Indonesia-focused early- and growth-stage venture capital firm. Operates within Lion X Ventures' core geographic footprint (Indonesia) and overlaps in digital economy themes, though more concentrated on a single market.

TypeDirect peer
Description

Singapore-based early-stage venture capital firm investing in Southeast Asia, with a multi-fund platform. Comparable geographic focus and stage focus on digital and consumer technology in SE Asia.

TypeDirect peer
Description

Early-stage venture capital firm with strong presence across Southeast Asia, particularly Indonesia and Singapore. Comparable geographic focus, stage focus, and digital economy thesis to Lion X Ventures.

TypeDirect peer
Description

Pan-Asian venture capital firm with strong presence across China and Southeast Asia. Comparable in its cross-border China-Southeast Asia investment approach and multi-fund structure.

TypeDirect peer
Description

Vertex Ventures operates a multi-fund Southeast Asia platform under the Temasek network, with offices in Singapore. Comparable as a multi-fund, SE Asia-focused venture investor with cross-border China-Southeast Asia exposure.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment8 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Lion X Ventures

Venture Capital / Private Equitylionpartners.cn

Lion X Ventures is a Singapore-based venture capital firm and Southeast Asian arm of Lion Partners Capital, investing growth-stage capital in Singapore, Malaysia, and Indonesia across digital infrastructure, industry digitization, ESG, and physical AI. It is anchored by OCBC Bank and a network of Chinese industry partners.

What Lion X Ventures does

Lion X Ventures Pte. Ltd. is a Singapore-based private venture capital firm and the Southeast Asian investment vehicle of Lion Partners Capital (狮城资本), founded in 2019 and backed by Southeast Asian financial groups. The firm invests primarily in growth-stage companies in Singapore, Malaysia, and Indonesia across digital economy themes including new digital infrastructure, industry digitization, new media ecosystem, ESG, and green technology, with a recent extension into physical AI and advanced manufacturing. Its core competitive positioning rests on a strategic partnership with OCBC Bank — the second largest financial group in Southeast Asia — supplemented by industry partners Yusys Technologies (fintech), Brandmax (digital marketing), DaoCloud (cloud-native), and CalmCar (autonomous driving), which together provide deal flow, vertical expertise, and a China-to-Southeast Asia cross-border bridge.

Lion X Ventures operates no proprietary technology products; its deliverable is capital and ecosystem access. The firm manages or co-manages multiple vehicles: four comprehensive funds across Xiamen, Guangzhou, Suzhou, and Anhui under the parent, plus co-management of the Empyrean Sky Partners Global Technology Fund ($200M target, $90M first close in March 2026). Notable portfolio activity in 2026 includes leading Dyna.Ai's eight-figure USD Series A, participating in AIsphere/PixVerse's $300M Series C (largest AI video round in Asia), and serving as a core partner in the HKUST–CalmCar Physical AI Innovation Center alongside HSBC. Revenue derives from fund management fees and prospective carried interest; investment terms are negotiated bilaterally with portfolio companies and are not publicly disclosed.

The firm operates from four locations: regional headquarters at 65 Chulia Street, OCBC Centre, Singapore; 1F OCBC Bank Tower, Pudong New District, Shanghai (parent HQ); an office in Nanshan District, Shenzhen; and a fund office at Xinglinwan Operation Center, Jimei District, Xiamen. Headcount is reported at 1–10, and the firm's GTM is relationship-led, relying on OCBC's network and strategic partner referrals for deal sourcing and LP distribution.

Lion X Ventures firmographics

Firmographics
Name
Lion X Ventures
Legal name
Lion X Ventures Pte. Ltd.
Website
https://lionpartners.cn
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
1–10 employees
Short description
Lion X Ventures is a Singapore-based venture capital firm and Southeast Asian arm of Lion Partners Capital, investing growth-stage capital in Singapore, Malaysia, and Indonesia across digital infrastructure, industry digitization, ESG, and physical AI. It is anchored by OCBC Bank and a network of Chinese industry partners.
Ownership category
akta.pro rank

Lion X Ventures industry classification

Industry
Product category
Venture Capital / Private Equity
NAICS
Portfolio Management and Investment Advice (523940)
SIC
Investment Advice (6282)
akta.pro primary industry
Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)

Keywords

  • Venture capital
  • Growth equity
  • Technology investing
  • Private equity
  • Fund management

Where Lion X Ventures is headquartered

Location

Headquarters

HQ city
Singapore
HQ country
Singapore
HQ region
Asia

Offices4 records

Markets served

Lion X Ventures business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

  1. Fund Management: Lion X Ventures generates revenue through management fees and carried interest from venture capital funds. The firm manages four comprehensive funds located in Xiamen, Guangzhou, Suzhou, and Anhui, and co-manages the Empyrean Sky Partners Global Technology Fund with a $200 million target size.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Lion X Ventures product offering

Product offering

Core offering

Lion X Ventures is a Singapore-based venture capital subsidiary of Lion Partners Capital that invests in growth-stage digital technology companies across Southeast Asia (Singapore, Malaysia, Indonesia). The firm manages four funds in Xiamen, Guangzhou, Suzhou, and Anhui, and co-manages the Empyrean Sky Partners Global Technology Fund with a $200M target. It backs AI, fintech, and applied-AI companies through Series A and Series C rounds, leveraging an OCBC Bank partnership and backing from Southeast Asian financial groups.

Product overview

Lion X Ventures operates as a single core investment product — a venture capital fund focused on growth-stage companies in Southeast Asia's digital technology sector. The fund primarily invests in Singapore, Malaysia, and Indonesia, targeting new digital infrastructure, industry digitization, new media ecosystem, and ESG sectors. Partnered with OCBC Bank and strategic partners including Yusys Technologies, Brandmax, DaoCloud, and CalmCar, the fund identifies and nurtures companies with exceptional growth potential through OCBC's extensive network and industry expertise.

Differentiator

Problem solved

Functional benefit

Products and services

  • Lion X Ventures Fund
  • Empyrean Sky Partners Global Technology Fund
  • Regional VC Funds (Xiamen, Guangzhou, Suzhou, Anhui)

Companies that use Lion X Ventures

Customer profile

Segments1 record

Ideal customer profiles1 record

Lion X Ventures technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Lion X Ventures partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core, strategic and minor.

  • HKUST and CalmCar (Physical AI Innovation Center)coreStrategic or Co-development Partner · 3 June 2026Lion X Ventures serves as a core strategic partner in establishing the HKUST-CalmCar Physical AI Innovation Center in Hong Kong, which launched Industry-Research Alliance and Capital Alliance focusing on full-stack physical AI technologies for autonomous driving, robotics, and smart manufacturing.
  • Dreame TechnologystrategicStrategic or Co-development Partner · 1 March 2026Dreame Technology has formed a strategic partnership with Empyrean Sky Partners' Global Technology Fund (co-managed by Lion X Ventures) to provide portfolio companies with industrial insights and commercialization channels.
  • Yusys TechnologiesstrategicStrategic or Co-development Partner · 1 January 2019Yusys Technologies (300674) is a strategic partner of Lion X Ventures, providing financial technology expertise and vertical industry know-how. Lion Partners Capital has established partnerships with leading domestic enterprises including Yusys Technologies in financial technology.
  • BrandmaxstrategicStrategic or Co-development Partner · 1 January 2019Brandmax (300805) is a strategic partner of Lion X Ventures, providing digital marketing expertise and vertical industry know-how. Lion Partners Capital has established partnerships with Brandmax in digital marketing.
  • DaoCloudstrategicStrategic or Co-development Partner · 1 January 2019DaoCloud is a strategic partner of Lion X Ventures, providing cloud-native technology expertise and industry resources for portfolio companies.
  • CalmCarstrategicStrategic or Co-development Partner · 1 January 2019CalmCar (天瞳威视) is a strategic partner of Lion X Ventures in the autonomous driving and physical AI space. CalmCar serves as the initial test bed for applying physical AI to advanced intelligent driving systems and co-established the HKUST Physical AI Innovation Center.
  • HONSUN / Asian-MedicalminorStrategic or Co-development Partner · 1 January 2019HONSUN (Asian-Medical, 832278) is listed as an industrial partner in family health management sector, with Lion Partners Capital establishing partnerships with leading domestic enterprises including this company.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Lion X Ventures competitors and assessment

Company assessment

Direct peers

  • Wavemaker Partners: Early-stage venture capital firm actively investing across Southeast Asia with offices in Singapore, Los Angeles, and Bangkok. Comparable to Lion X Ventures in stage focus, geographic concentration in SE Asia, and emphasis on digital and enterprise tech.
  • Openspace Ventures: Singapore-headquartered early- and growth-stage venture capital firm focused on Southeast Asia. Directly comparable as a SE Asia-focused VC investing in digital economy and growth-stage opportunities with institutional LP backing.
  • Quest Ventures: Singapore-headquartered venture capital firm investing across Southeast Asia with a focus on technology-enabled businesses. Comparable in geographic focus, stage, and portfolio composition.
  • Monk's Hill Ventures: Singapore-based early-stage VC backing tech-enabled companies across Southeast Asia. Comparable in stage focus, geographic footprint (Singapore, Malaysia, Indonesia), and digital economy investment thesis.
  • Insignia Ventures Partners: Early- to growth-stage venture capital firm based in Singapore, focused on Southeast Asia technology companies. Comparable in stage, geography, and digital economy investment thesis.
  • Golden Gate Ventures: Singapore-based early-stage venture capital firm investing in Southeast Asia, with a multi-fund platform. Comparable geographic focus and stage focus on digital and consumer technology in SE Asia.
  • East Ventures: Early-stage venture capital firm with strong presence across Southeast Asia, particularly Indonesia and Singapore. Comparable geographic focus, stage focus, and digital economy thesis to Lion X Ventures.
  • Gobi Partners: Pan-Asian venture capital firm with strong presence across China and Southeast Asia. Comparable in its cross-border China-Southeast Asia investment approach and multi-fund structure.
  • Vertex Ventures: Vertex Ventures operates a multi-fund Southeast Asia platform under the Temasek network, with offices in Singapore. Comparable as a multi-fund, SE Asia-focused venture investor with cross-border China-Southeast Asia exposure.

Regional players

  • AC Ventures: Indonesia-focused early- and growth-stage venture capital firm. Operates within Lion X Ventures' core geographic footprint (Indonesia) and overlaps in digital economy themes, though more concentrated on a single market.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Lion X Ventures social profiles

Digital presence

Lion X Ventures financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Lion X Ventures leadership team

Management profile

Number of profiles

Lion X Ventures funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Lion X Ventures M&A and investment

M&A and investment

M&A

Investments8 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lion X Ventures

What does Lion X Ventures do?

Lion X Ventures is a Singapore-based venture capital subsidiary of Lion Partners Capital that invests in growth-stage digital technology companies across Southeast Asia (Singapore, Malaysia, Indonesia). The firm manages four funds in Xiamen, Guangzhou, Suzhou, and Anhui, and co-manages the Empyrean Sky Partners Global Technology Fund with a $200M target. It backs AI, fintech, and applied-AI companies through Series A and Series C rounds, leveraging an OCBC Bank partnership and backing from Southeast Asian financial groups.

Is Lion X Ventures a public or private company?

Lion X Ventures is a private company. It is classified as corporate owned and is currently operating.

When was Lion X Ventures founded?

Lion X Ventures was founded in 2019. It employs 1 to 10 people.

Where is Lion X Ventures based?

Lion X Ventures is headquartered in Singapore, Singapore, in the Asia region.

How does Lion X Ventures make money?

One revenue line is on record: fund Management.

Who are Lion X Ventures's main competitors?

Direct peers on record are Wavemaker Partners, Openspace Ventures, Quest Ventures, Monk's Hill Ventures, Insignia Ventures Partners, Golden Gate Ventures, East Ventures, Gobi Partners and Vertex Ventures. AC Ventures is listed as a regional player.

Does Lion X Ventures have an API?

No public API is recorded for Lion X Ventures.

What industry is Lion X Ventures in?

Lion X Ventures's product category is Venture Capital / Private Equity. Its primary akta.pro industry code is FSANAHAF, Corporate Strategic Partnership & Ecosystem Investment Arms. Its NAICS code is 523940 and its SIC code is 6282.

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Live signals
WebrazziPixVerse, C serisi yatırım turunu genişleterek 439 milyon dolar yatırım aldıPixVerse raised $439 million in a Series C round led by CDH Investments, with participation from Alibaba and others. The Singapore-based AI video platform's valuation exceeded $2 billion. The funds will develop AI world models, expand enterprise customers, and grow sales teams.TNGlobalAI video generation platform PixVerse raises $439M Series C to build real-time interactive worlds, game enginePixVerse raised $439 million in a Series C extension, with new investors including Alibaba and Lollapalooza Capital. The company's R1 real-time world model now supports shared worlds and a game engine for natural-language interaction. PixVerse is extending R1 into interactive games and entertainment.FinSMEsPixVerse Closes Series C ExtensionPixVerse, a Singapore-based AI video generation platform, raised an undisclosed amount in a Series C extension. The round brings total funding to $439M, with backers including Alibaba and Lollapalooza Capital. The company's R1 model, launched in January 2026, is used by over 150 million users across 177+ countries.MorningstarPixVerse Closes Series C Extension, Bringing Total to USD 439 Million, and Announces Expansion Into Interactive EntertainmentPixVerse closed a Series C extension raising $439 million total, with new investors including Alibaba and Lollapalooza Capital. The company is expanding into interactive entertainment using its real-time world model R1, which enables real-time game creation and live streaming.ANTARA NewsHKUST and CalmCar Establish the Physical AI Innovation Center, Ushering in a New Era of Physical IntelligenceHKUST and CalmCar officially established the Physical AI Innovation Center on June 5, 2026, dedicating it to advancing full-stack physical AI technologies for autonomous driving, robotics, and smart manufacturing. The Center also launched an Industry-Research Alliance and a Capital Alliance, with inaugural industry partners including Tsinghua University, Microsoft Research Asia, 51WORLD, MetaX Integrated Circuits, Arm China, and Huixi Technology, and participating investment institutions including HSBC, Lion X Ventures, and others. The initiative aims to position Hong Kong as a strategic hub for national physical AI innovation while leveraging the Greater Bay Area's industrial supply chain.EetasiaHKUST Partners with CalmCar to Establish Physical AI Innovation CenterHKUST and Suzhou CalmCar Electronics Technology signed a strategic agreement to jointly establish the Physical AI Innovation Center in Hong Kong, dedicated to advancing full-stack physical AI technologies for autonomous driving, robotics, and smart manufacturing. The center aims to position Hong Kong as a key strategic hub for national physical AI innovation, leveraging Hong Kong's global connectivity and the Greater Bay Area's industrial supply chain. Lion X Ventures serves as a core strategic partner in establishing the center, with the initiative also launching an Industry-Research Alliance and Capital Alliance involving partners such as Tsinghua University, Microsoft Research Asia, and HSBC.HkustHKUST and CalmCar Establish the Physical AI Innovation CenterHKUST and Suzhou Calmcar Electronics Technology Co., Limited (CalmCar) officially signed a strategic agreement to jointly establish the Physical AI Innovation Center in Hong Kong, dedicated to advancing full-stack physical AI technologies to address fundamental bottlenecks in current AI systems. The Center aims to build a new-generation physical AI technology foundation capable of understanding, predicting, reasoning, and decision-making, supporting strategic industries including autonomous driving, robotics, and smart manufacturing. The initiative also launched an Industry-Research Alliance and Capital Alliance comprising partners including Tsinghua University, Microsoft Research Asia, 51WORLD, MetaX Integrated Circuits, Arm China, HSBC, and Lion X Ventures, positioning Hong Kong as a strategic hub for national physical AI innovation within the Greater Bay Area.CrowdFund InsiderSingapore VC Empyrean Sky Raises $90m to Back AI-Robotics StartupsSingapore-based venture capital firm Empyrean Sky Partners has secured $90 million in the first close of its Global Technology Fund, aiming for a $200 million target to invest in growth-stage AI-robotics and advanced manufacturing companies. The fund is co-managed with Lion X Ventures, OCBC's technology venture arm, and has formed a strategic partnership with Dreame Technology to provide portfolio companies with industrial insights and commercialization channels. The rapid first close reflects strong institutional investor demand for AI-plus-hardware investment themes as Asia emerges as a key innovation hub for these technologies.TNGlobalSingapore's Empyrean Sky Partners secures $90M for Global Technology FundSingapore-based venture capital firm Empyrean Sky Partners (ESP) has completed a $90 million first close toward a $200 million target for its Global Technology Fund, marking the fastest first close of 2026. The fund targets growth-stage companies at the intersection of artificial intelligence, robotics, and advanced manufacturing, and is co-managed with Lion X Ventures, the technology venture investment partner advised by OCBC. ESP has also formed a strategic partnership with Dreame Technology to provide portfolio companies with industrial insights, engineering expertise, and commercialization support.BusinessLineEmpyrean Sky Partners Achieves Fastest First Close of 2026, Secures $90 Million for Global Technology FundEmpyrean Sky Partners has completed the fastest first close of 2026, raising US$90 million toward a US$200 million target for its Global Technology Fund targeting growth-stage companies in AI, robotics, and advanced manufacturing. The fund is co-managed with Lion X Ventures (OCBC's technology venture arm) and has formed a strategic partnership with Dreame Technology to provide portfolio companies with industrial insights and commercialization support. The rapid capital raise reflects strong institutional investor demand for technology platforms integrating AI with physical systems.