Hong Kong-based Crystal Investment and Socam Development have joined forces to launch venture capital company BetaBoxVC, which will invest in proptech startups.

Crystal Investment has more than three decades of experience of investing in Hong Kong and China, while construction company Socam Development is listed on the Hong Kong Stock Exchange.

They launched the specialized VC firm to “support innovative entrepreneurs in developing solutions with the potential to revolutionize the property sector,” according to Crystal Investment CEO Nick Lo, Mingtiandi reports.

“We believe in the transformative power of proptech, and our goal is to help promising startups in this field to achieve their full potential. We look forward to collaborating with entrepreneurs who share our passion for innovation and shaping the future of the real estate industry.”

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