Through our Tech Sandbox, we grant Seed round and Series A funding to about 25% of the start-ups from the annual cohort programs. The initial investment capital is received by offering equity to various working groups of Financial/Strategic Investors in a form of shares, in which they purchase them.

The funding process eventually evolves to Series B – D when the start-ups get close to a phase ready for exit strategies – additional investment capital is obtained from the Global Syndicate Fund in the same way as that of the initial investment method. During this time, the focus is to expand the start-ups to other smart city markets in different regions around the world.

For live projects, around 30% of the budget comes from the municipality after accepting LOC and providing policy protection. The four stages of our Tech Sandbox are acceleration, technology validation, open demo validation, and global investor relations. 

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