Private EquityRIA · CRD 320989SEC-RegisteredPrivate Fund Adviser

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Vive X

HTC launched Vive X in 2016 as a $100M VC program to seed VR ecosystem startups, now investing across AI, enterprise software, and digital health globally.

Vive X logo

Vive X

Explore virtual, augmented, and mixed reality with HTC VIVE's immersive standalone and PC VR headsets, glasses, accessories, games, and metaverse portal, VIVERSE.

General information

Firm type

Private Equity

Year founded

2016

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Palo Alto

Corporate office

Beijing, China

Sector focus

AR/VRAI/MLDigital HealthEnterprise Software

Frequently asked questions

Who runs investment decisions at Vive X?

The program operates under HTC's corporate structure, with senior leadership historically including HTC Chairwoman Cher Wang and Vive X leadership such as Marc Metis, who has served as Global Head. Investment committees and day-to-day decision-making authority are not publicly detailed.

How does Vive X source deals?

Vive X sources through its accelerator cohorts, which operate applications, as well as through HTC's network in VR/AR hardware and enterprise channels. The program's global accelerator locations provide regional deal-sourcing pipelines, and HTC's position in the VR ecosystem gives it visibility into early-stage companies building on the Vive platform or adjacent software stacks.

Does Vive X make fund commitments or only direct investments?

Vive X makes direct equity investments into startups. It does not operate as a fund-of-funds, and there are no public reports of Vive X committing to external venture funds.

What investment stages does Vive X target?

The program targets seed-stage and early-stage companies. Its accelerator model is designed for pre-Series A startups, but Vive X has participated in subsequent rounds for portfolio companies, indicating a willingness to follow on as companies mature.

Is Vive X a single family office or a corporate venture arm?

Vive X is a corporate venture capital program and accelerator, not a family office. It is a subsidiary of HTC Corporation, the Taiwanese consumer electronics and VR hardware company.

How is Vive X related to HTC's broader business?

Vive X was created as a $100 million initiative by HTC to build the ecosystem around its Vive virtual reality platform. In 2018, it was formalized as a separate subsidiary, Vive X Limited. The program provides portfolio companies with strategic benefits including distribution through HTC's VR app store and enterprise sales channels.

Which sectors does Vive X explicitly avoid?

No explicit negative sector lists are published. The program's stated focus areas are AR/VR, artificial intelligence, enterprise software, and digital health, suggesting a neutrality or lack of mandate for sectors outside these technology domains.

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