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§ Venture Capital · Taipa, Ilhas, Macao
The University of Macau Development Foundation (UMDF) functions as a philanthropic entity, advancing the University of Macau’s educational and research objectives. It actively solicits and manages community contributions, directing resources to enhance academic excellence, scientific discovery, and institutional development. The foundation secures external funding, empowering the university’s strategic growth and diverse programs.
Established in 2009, UMDF was co-founded by Dr. Stanley Ho, Dr. Tse Chi Wai, Mr. Wong Chong Fat, and Mr. Lam Kam Seng. Their insight identified a critical need to channel community support for the University of Macau's long-term sustainability. This initiative created a formal vehicle for philanthropic efforts, ensuring the university secured vital backing for its academic mission.
The University of Macau, alongside its students, faculty, and researchers, are the principal beneficiaries of UMDF’s activities. The foundation’s vision cultivates philanthropy, fortifying higher education in Macau and supporting the university’s ambition for global academic recognition. Through continuous resource mobilization, UMDF aims to amplify the university's impact and intellectual advancement.
University of Macau Development Foundation has 1 tracked investment across 1 company. The latest tracked deal is $77.8M Series A in AkroStar in May 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 19, 2021 | AkroStar | $77.8M Series A | BIN YUE | Green Pine Capital Partners, Guohe Capital, Hillhouse Capital, Hongshan Capital Group (Sequoia Capital China), Macau University OF Science And Technology Foundation, Matrix Partners, V Fund, Zhuhai DA Heng QIN |