Hong Kong-based public relations agency Across Asia Strategy limited has received a venture capital investment from T12M Ventures, which supports professional companies and startups with potential to make a significant impact in the regional technology sector.
Ben Crox, co-founder of Across Asia said, “It is an exciting opportunity to work with T12M Ventures and the affiliates in the T12M network. Across Asia is dedicated to provide quality communication service to startups and technology brands to help them thrive in the competitive market. Both T12M Ventures and Across Asia share the vision to build Hong Kong a better place for technology sector and a regional hub for technology companies to scale-up across the continent. The collaboration with different T12M affiliates will also connect Across Asia to the best technology players in Hong Kong.”
In addition to funding, Across Asia will benefit from the T12M’s resources of human resources, financial modelling, growth strategy, as well as go-to-market strategies.
T12M Ventures is an angel investor and an accelerator fund for early stage companies. Some of the companies invested by T12M Ventures include (1) snacks e-commerce platform Lingsik King, (2) digital & IT recruitment platform Venturenix, (3) mobile commerce enabling app Boutir and (4) real estates payment solution Keychain Pay. Alvin Lam, managing partner of T12M Ventures, is an entrepreneur who founded PacificLink, the largest digital agency in Hong Kong that later acquired by New York-listed tech giant Accenture.
Lam commented on the transaction, “This is the first time T12M Ventures invests in a traditional PR company so as to lay the foundation stone for our growing media sector. Across Asia is an award winning agency which demonstrates good understanding of startups and technology sector in both Hong Kong and regional markets. We look forward to working closely with Across Asia to redefine values of technology industry to market.”
Upon the completion of the transaction, Across Asia Strategy limited will change the company name to Across Asia Communications limited.
This article is sponsored by Across Asia.