Shin Ryoku has today agreed to join as a co-investor in the current financing round of Vault Dragon, a Singapore-based startup. The round is expected to be led by Singapore-based venture capital firm Jungle Ventures.
Vault Dragon aims to become the “Dropbox” of physical storage, simplifying the storage process while allowing users to deposit, manage and retrieve their belongings on the go with web and mobile applications. The company recently completed the JFDI accelerator program, as part of the 2013B batch.
This represents Shin Ryoku’s third investment into Singapore-based startups, along with Healint and ECOSOFTT.
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