TXOne Networks Inc. announced that it has received $70 million in a round of funding led by new investor TGVest Capital on August 18, 2022. The transaction also included participation from MediaTek USA Inc., CDIB Capital Group, Simplo Technology Co., Ltd., Ta Ya Electric Wire & Cable Co., Ltd., Ta Ya Venture Capital, a fund managed by TaYa Venture Capital Co. Ltd., KAiA Capital, CHT Security Co., Ltd., CDIB-Innolux L.P., Ash Tower Limited, and returning investors JAFCO Investment (Asia Pacific) Ltd., and Jade Stone Jinghua Limited Partnership Fund, individual investors Steven Pan, and Chun-I Wu.