Taiwan’s Foxconn Technology to invest $25m in new US-based VC fund

Taiwan’s Foxconn Technology to invest $25m in new US-based VC fund

Workers stand at the gate of a Foxconn factory in the township of Longhua in Shenzhen, Guangdong province in this May 26, 2010 file photo. REUTERS/Stringer

Taiwanese manufacturing giant Foxconn Technology Group has partnered with three US firms to establish a $100-million early-stage venture capital fund that will invest in American and global startups.

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