Tink Labs, a technology incubator based in Hong Kong, has raised $13 million funding from existing investor FIH Mobile Ltd, a subsidiary of Foxconn Technology Group.
Other investors like Sinovation Ventures, a Chinese investment firm, and Cai Wensheng, a prolific angel investor who is chairman of Chinese photo service Meitu, also took part in the round, according to a report in TechCrunch.
Tink Labs is mostly known for its mobile travel solution handy that combines the functionality of a personal smartphone, hotel in-room services, city guides and more, into one fully integrated smartphone system.
Last year in November, the company received an undisclosed amount of funding from FIH Mobile.
handy, first launched in September 2012, was developed to enhance the travel experience for international business and leisure travelers. As of November 2015, handy phones are installed in over 30 per cent of three to five-star Hong Kong hotel rooms. handy devices provide each and every guest with free local and international calls, free internet connectivity, and a personally customized city guide.
Besides Hong Hong, handy also has a presence in leading hotels in other countries like The Fullerton Singapore, The W Istanbul, and the Sofitel Maca.
Tink Labs was launched in September 2012 and claims to be the first company of its kind in the world to provide a comprehensive mobile travel platform to inbound visitors.
FIH is the global leader in the handset and wireless communications manufacturing and service.
Sinovation Ventures, a Chinese venture capital firm, recently raised $674 million. It closed two venture-capital funds- a dollar-denominated fund of $300 million and a yuan-denominated fund of equivalent to $374 million. The VC firm was founded by Kai-Fu Lee, an ex-executive of Google and Microsoft.