Future Planet Capital (FPC), a London-based investor which funds innovative startups, has announced it will invest up to £30m in businesses spinning out from China's Tsinghua University.
Tsinghua University's X-lab is a platform which supports and facilitates startups founded by Tsinghua alumni, students or faculties. Since its launch in 2013, it has worked with more than 1190 project teams and incorporated over 480 companies.
FPC's investments will be focused on the ideas working to profitably tackle global challenges such as climate change, education, health and security.