Flowing Cloud Technology Ltd. (HK:6610) has released an update.
Flowing Cloud Technology Ltd., a subsidiary of Beijing Flowing Cloud, is collaborating with NEEO FUND and other partners to create the Smart Navigation Fund, a venture capital initiative aimed at investing in early-stage innovative tech firms in the Metaverse, AI, and digital economy. The fund will be managed by NEEO FUND, focusing on next-gen information technology and spatial computing, with a total contribution of RMB101 million, of which Beijing Flowing Cloud will contribute RMB10 million. This strategic partnership is expected to bolster digital economy enterprises and empower applications across various scenarios.
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