Hong Kong-based business ventures MotionLED and Ultimate Performance have closed funding that will enable them to scale and grow their business operations.
MotionLED closes $500k investment
MotionLED Technology Group Ltd., a UK-Chinese technology hardware and software company providing digital outdoor advertising solutions focused on the transportation industry, has closed a $500,000 investment.
The financial backers of the firm are undisclosed, with the venture intending to use the funds to expand business operations.
Led by Graham Skelton, CEO, Wilfred Wong, COO, and Winsome Cheung, CFO, MotionLED Technology provides BusLED, a bus-side consuming LED display for use out of doors in sunlight.
The displays are controlled remotely via wireless technologies which allows for real-time advertising and public service announcements that can be displayed based upon time of day and location of the vehicle.
Ultimate Performance closes $10m investment
Ultimate Performance, a Hong Kong-based international personal training gym chain, received a $10 million investment from