PUBLICATIONS & REPORTS

Contents Introduction

The purpose of this study is to analyze the case of “CDIB Capital Group”, one of the Taiwanese leading venture capital (VC) investment firms, and to depict the efforts to transform Taiwan’s VC industry in recent years. “CDIB Capital Group”, including its predecessor companies, has a track record of investing in Taiwan's major industries at that time for more than 60 years since 1959. Since 2017, investment in startups in the new economy sector such as web and software has been in full swing. The investment strategy has also changed from "industrial chain investment" in traditional high-tech industries such as the semiconductor industry to "ecosystem investment" in the new economy sector. In line with this, a new fund was established, and “CDIB Capital Innovation Accelerator (CCIA)” was established to support startups in 2017. By doing so, they are trying to build a startup ecosystem that involves the startup community as well as partners such as large companies, mentors and so on.
In recent years, “CDIB Capital Group” has been actively promoting cooperation with Japan. To this end, they established a Tokyo branch (“CDIB Tokyo Innovation Hub”) in 2023 and a fund to promote Taiwan-Japan collaboration (“CDIB Cross Border Innovation Fund (CCBI)”) in 2024. By doing so, they are trying to help Taiwanese startups develop the Japanese market, and also promote cooperation between Taiwanese and Japanese startups and between startups and large companies. The goal is to form a cross-border TaiwanJapan startup community, and to expand this to Southeast Asia in the future.