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The Venture Codex

HKSTP Ventures

8/F, Bio-Informatics Centre, No.2 Science Park West Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong

Overview

HKSTP Ventures operates as a corporate venture arm of Hong Kong Science & Technology Parks Corporation.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • Netail

    Participated · Seed · Nov 2022

    Profitmind is a Pittsburgh-based software company that builds an AI decision-intelligence platform for retail merchandising, planning and marketing teams. Its native agentic AI architecture fuses a retailer’s internal data, competitive signals and strategic goals to produce a ranked list of actions such as price changes, promotion tweaks, inventory reallocations and assortment shifts, each tied to projected sales, profit and working-capital impact. The system exports approved actions to execution tools and feeds actual results back into the model, continuously improving recommendations. Retailers using Profitmind span apparel, footwear, auto parts and home goods categories and range from $20 million to $100 billion in revenue across three continents. Reported outcomes include profit improvements of more than 250 basis points and hundreds of hours saved per month in manual data work. Recent partnerships with Microsoft (to list on Azure Marketplace) and Accenture aim to streamline enterprise adoption and support large-scale retail transformations. The newly raised capital will be directed toward global expansion, product enhancement and team growth.

  • Zeek

    Participated · Series A · Dec 2020

    Zeek offers data-driven intelligent logistics and O2O last-mile delivery solutions across F&B, lifestyle and FMCG verticals, with products including Zeek F&B Delivery, ZeekDash (Point-to-Point O2O) and Zeek2Door (e‑commerce parcels). The company provides online order management, delivery capacity management, big data analytics and O2O operations enhancement to global top-five F&B brands, fast-food chains, supermarkets, department stores, convenience store chains and online platforms. Founded in Hong Kong by Kin Shun Information Technology Limited in 2017, Zeek has expanded into Singapore, Thailand, Vietnam and Malaysia and planned entry to Taiwan, the Philippines and Indonesia in 2021. Operational metrics cited include handling over three million delivery orders in the first three quarters of 2020 (100% YoY growth) and a 50% increase in manpower to meet demand. Zeek reported revenue exceeding US$28 million in 2020 and estimated at least 100% growth in 2021. The company plans to use new funding to expand across Southeast Asia, enhance its logistics management technology and data analytics applications, extend intelligent logistics to more industries, and pursue strategic partnerships or M&A to accelerate growth.

Team

No current team members are available.