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FII conference: Investment firm backed by Hong Kong tycoon Li Ka-shing seeks transformative technologies

  • Innovations in synthetic biology and alternative materials can improve the lives and livelihoods of many people, says co-founder Solina Chau
  • Horizons’ investments include EVs, weight-loss drugs and a paper-based substitute for plastic packaging materials

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A view of North East New Territories Landfill in Hong Kong on September 2, 2022. Photo: Felix Wong
Innovative technologies such as synthetic biology and alternative materials are poised to take centre stage in the next 10 years because they have the potential to positively impact the lives and livelihoods of many people, according to Solina Chau Hoi-shuen, co-founder of Horizons Ventures, an investment firm backed by Hong Kong tycoon Li Ka-shing.
Speaking at the Future Investment Initiative (FII) Institute’s first Asia conference in Hong Kong on Thursday, Chau acknowledged the challenges traditional manufacturers face in adopting new technologies amid competition and economic slowdown.

However, she stressed the importance of pursuing technological developments, especially those that can be applied in mass production to seamlessly provide functional improvements in existing applications.

Even small changes in materials can make a significant difference, she said. As an example, she mentioned her company’s portfolio investment in an Australian start-up that makes an eco-friendly paper from plant waste.

FII Institute CEO Richard Attias (left) and Horizons Ventures Co-founder Solina Chau speak at the FII Priority event in Hong Kong on December 7, 2023. Photo: Jonathan Wong
FII Institute CEO Richard Attias (left) and Horizons Ventures Co-founder Solina Chau speak at the FII Priority event in Hong Kong on December 7, 2023. Photo: Jonathan Wong

The company, Varden, claims its Paperseal can transform the design of consumer packaging because it can replace single-use plastics, which are rarely recycled, with fully compostable materials in products like throwaway coffee pods and pharmaceutical blister packs.

Chau said that a considerable percentage of aluminium coffee capsules end up in landfills, causing harm to the environment, despite some of them being recyclable.

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