The fund provides technical support in addition to funding, and companies entering the EV space can obtain industry connections, funds and access to technology through it. It is not restricted to members of the Mobility in Harmony alliance, though alliance participation is a factor in its selection.
Portfolio Snapshot
Observed round participation, including acquisitions and grants. Current holdings, investor exits, and write-offs are not established.
Top Investment Stages

Hon Hai Precision Industry and CTBC Financial Holding created the fund to target electric vehicle investments, the latest step in Hon Hai's expansion into the EV market. Hon Hai said the fund would accelerate development of EV companies by providing technical support as well as funding.


The 1520 Innovation Fund is a corporate venture vehicle created by CTT Group to invest in early-stage technology startups, particularly in Portugal and Iberia. It targets companies developing digital, logistics, sustainability, and financial-services solutions.


EV Growth is a Singapore-based growth fund focused on providing capital to startups in Southeast Asia, particularly Indonesia. The firm invests across various industries, typically participating in Series D rounds. EV Growth leverages its extensive regional network and industry insights to support portfolio companies.
The 1520 Innovation Fund is a corporate venture vehicle created by CTT Group to invest in early-stage technology startups, particularly in Portugal and Iberia. It targets companies developing digital, logistics, sustainability, and financial-services solutions.

EV Growth is a Singapore-based growth fund focused on providing capital to startups in Southeast Asia, particularly Indonesia. The firm invests across various industries, typically participating in Series D rounds. EV Growth leverages its extensive regional network and industry insights to support portfolio companies.
