Foxconn-backed HCM Capital in talks to raise much larger tech fund

Foxconn-backed HCM Capital in talks to raise much larger tech fund

REUTERS/Tyrone Siu/File Photo

Foxconn Technology Group-backed investment firm HCM Capital is in early-stage talks to raise a much larger new fund, as it looks to invest in startups in Silicon Valley and other emerging tech hubs across the world, the fund’s head said.

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