William Yung joins Coolhobo advisory board in preparation for Series A

August 9th, 2018 | Loic

William Yung joins Coolhobo advisory board in preparation for Series A 

 

Having led Coolhobo’s oversubscribed and extended angel round, William Yung has joined the startup’s advisory board and brings his experience in finance and venture capital as the company is gearing up toward raising a Series A financing.

 

William is founder and Managing Partner of Emerge Capital Group, a technology investor and financial advisor. William will support Coolhobo with his 25+ years of experience in the fields of finance and business development for private enterprises and investment firms.

 

About William Yung

 

William Young joins Coolhobo advisory board

 

After graduating from University of Alberta, Canada with a Degree in Finance and Accounting, William started his career in Hong Kong. From 1992 until 1999 he held managing positions in several property investment and consultancy companies like Colliers International and Metrosun Investments Ltd. In the following years he was Business Development Director at HelloAsia Corporation, and Vice President Operations at Techpacific Capital. In 2002 he founded Emerge Capital Group, an advisory firm providing corporate finance and business development services to private companies and private equity funds in the Greater China region.

 

After their initial meeting last summer, William Yung and Loic Kobes, cofounder and CEO, have been regularly meeting in Hong Kong and Shenzhen to craft the best strategies to grow Coolhobo. “This initial collaboration has brought trust on both sides, but also the opportunity for me to share our vision” declared Loic Kobes. “We are excited to have William on our advisory board and believe his experience will be very valuable to Coolhobo as we begin speaking with institutional investors” Loic Kobes continued.

 

William Yung commented further: “I’ve worked with dozens of entrepreneurs over the years, and what sets apart the successful ones is their capacity to learn and collaborate with experienced people across industries. I believe Loic and his team have demonstrated their learning capacity which is crucial to operate in this nascent ARVR industry. That is why I’m happy to join their advisory board”.

 

About Coolhobo

 

Crossing many verticals (ARVR, retailtech, mobile), Coolhobois an ARVR Shopping App, offering both experiences and convenience for shoppers, merging physical and digital worlds for retailers. The startup is currently working with Chinese retailers to launch pilot projects on their AR Shopping App.