MTR Lab
Corporate venture capital firm for smart city technologies.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
| Total Funding | 000k | ||
MTR Lab Company Limited is the wholly-owned corporate venture capital subsidiary of Hong Kong's MTR Corporation Limited, a public transport operator and property developer. Founded in 2019, MTR Lab acts as a collaborative platform to invest in and co-create innovative solutions that support the long-term growth of communities.
The firm is led by Managing Director Michael Chan, who joined in October 2022. Chan possesses extensive experience in corporate strategy, finance, and management, having previously served as COO and Managing Director at Inchcape Greater China. He is a chartered financial analyst and a fellow member of multiple accounting bodies.
MTR Lab's business model is centered on making strategic investments in early-to-growth-stage technology companies to generate strategic value. It seeks firms with a proven track record to explore new use cases within MTR's extensive ecosystem. The firm focuses on six key verticals: mobility (including MaaS and rail tech), retail, property tech, financial and data services, smart city technology, and sustainability. Its investment stages range from pre-seed to Series B. Through these investments and partnerships, MTR Lab aims to enhance MTR's core services, deliver improved commuting experiences, and foster the development of carbon-neutral smart cities. The firm also internally incubates startups, such as Carbon Wallet, a carbon reduction reward platform, and Urban Access Solutions, which develops access control and smart parking solutions.
The company's investment portfolio includes Ampd Energy, a provider of energy storage systems for construction; alfred24, a smart logistics company; WeMaintain, which offers IoT-enabled maintenance solutions; and Whale, an enterprise AI solutions provider. MTR Lab actively collaborates with its portfolio companies, providing support for global expansion and the development of solutions that meet international standards.
Keywords: corporate venture capital, smart city, mobility, property tech, sustainability, rail tech, new retail, MaaS, strategic investment, innovation platform, smart logistics, energy storage, predictive maintenance, enterprise AI, access control solutions, carbon reduction platform, urban innovation, Hong Kong, MTR Corporation
