The internet-of-things provider will back companies in similar sectors through the vehicle, launched in partnership with Hillhouse Capital.

China-headquartered internet-of-things (IoT) technology producer Tuya has formed a $400m strategic investment fund with hedge fund manager Hillhouse Capital, DealStreetAsia reported today. Tuya is the creator of an IoT technology platform which enables businesses to access hardware development tools, cloud services and smart business development software in order to build their connected services. The company…

The rest of this content is only accessible to Corporate Venturing: News, Data, and Events - Global Corporate Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.