5 in 5 minutes - May 06th

 1. CUHK research project receives over HK$15 million VC Funding

The Vision-based Intelligent Forklift AGV System, a research project from Chinese University of Hong Kong received over HK$15 M in venture capital funding to market the system in Mainland China.

The system can navigate, control its motion and avoid obstacles independently, which allows automation of transportation tasks within factories.

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2. This Hong Kong company wants to sell interactive mirrors to boost shops’ sales

actiMirror, founded in 2013 in Italy, headquartered in Hong Kong with distribution networks in Europe and Asia Pacific, delivers big data and targeted media content for retail & hospitality using a data gathering platform of smart mirrors.

The mirror can analyze people’s age, gender, mood and ethnicity to provide a tailored advert.

Want to know more about actiMirror?

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3. Alibaba fund invests in Hong Kong ecommerce startup Shopline

After raising US1.2M seed funding last year, Shopline has closed a pre-series A round backed by Alibaba’s new Hong Kong Entrepreneurs Fund. Managed by Shanghai’s Gobi Partners, the Alibaba fund is currently investing in its first batch of Hong Kong startups.

Know more about Shopline

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4. Hong Kong is more than just a shopping paradise, MacLehose Trail named one of the best hikes in the world

For years, Hong Kong is famed for its diversity of culture and being one of the shopping paradises in the world. But this little city has more to offer, the MacLehose Trail, the first and longest hiking trail in HK, has been named one of the best hikes in the world by the National Geographic Society.
So pick up your backpack and get away from the crowd this weekend!

See the full article here

5. After a rough start, Tesla is having the best year in China

Tesla announced that they only sold 120 cars in China last year, but things changed within a year. China is now the second largest market of its Model 3. And they are doing something pretty awesome with their bioweapon defense mode now!

Click here to know more.