New Frontier Capital Management (Hong Kong) Co., Limited and InterValley Ventures Pty hereby announce that the two companies jointly established AI/Human, LP Fund, mainly investing in the tech sectors in Australia.

The investment theme is in the tech sector such as AI, IoT, FinTech, Smart Manufacturing, HealthTech, ICT and Smart City.
The Fund will also target global tech companies with these technologies which seek to newly enter into or expand its existing business in Australia.

Additionally, by actively engaging in both in-out and out-in cross-border M&A deals, one of the key strategies of the Fund is to support the growth of corporate value of investee companies by promoting business alliances and M&A with Japanese and global companies in order to maximize fund performance.