Fundraising Fox

AppWorks Ventures

Venture capital

Taipei · Pre-Seed–Late Stage · 32 people tracked

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Investment thesis

AppWorks positions itself as a founder-first investor, drawing on its partners' own founding experience to play a supporting role to entrepreneurs. It aims to be the first investor to fund startups, favoring founders with passion, grit, and determination, and committing to support them through the full journey. Through the AppWorks Accelerator, launched in 2010, it works with seed to growth-stage startups, connecting them to one of Asia's largest founder networks. Its AppWorks Funds provide financing from early seed rounds through later growth rounds, making it one of the most active early-stage VCs in Greater Southeast Asia with 20-30 deals a year.

Source: firm website, verified Aug 28, 2026.

Stage
Pre-Seed–Late Stage
Check
$200K – $15M
HQ
Taipei, TW
Leads rounds
Leads
Instruments
Equity
Founded
2009
AUM
$386M
Tracked investments
118

Team · 32 people

from the firm's website & public directories
Jerry Tsou· Associate
Shirney Huang· CEO of Aiworks
Chi Yung-Yu (Norman)· Analyst
Jack An· Associatein

What they invest in

from 69 of 118 portfolio companies

Fintech ×18Crypto & Web3 ×16Marketplaces ×16SaaS ×16Consumer ×15AI & Machine Learning ×12E-commerce ×10Enterprise Software ×10

HQs:Taiwan×17Indonesia×11United States×6Singapore×5Hong Kong×3Vietnam×2

Who they back

founder profiles across 49 portfolio companies
61%
solo founders
30 of 49 mapped founding teams
65%
repeat founders
of 40 founders with career history

Founding team size:solo founder×302 founders×133 founders×44+ founders×2

Where their founders studiedfrom 38 founders with education data

Stanford University ×6Center for Digital Technology and Management (CDTM) ×4National University of Singapore ×4AppWorks ×3Nanyang Technological University Singapore ×3University of California, Berkeley ×3Aryamehr University of Technology ×2Harvard University ×2

Where their founders worked beforefrom 40 founders with career history

Rocket Internet ×3Rocket Internet SE ×3Aquanow ×2Cartrack ×2

1 founders hold a PhD · 5 hold an MBA (of 39 with degree data) · backed the same founder in 2+ companies: 2 founders

Investments · 118 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12 dated

Uberuber.comin𝕏NYSE: UBER

Uber operates a multi-sided platform providing ride-sharing, food delivery, freight logistics, and business fleet management services across various global markets.

Logistics & Supply ChainMarketplacesMobility & TransportationSan Francisco, US

Travis Kalanick(Co-founder & CEO)Garrett Camp(Co-founder)

Co-investors137 Ventures408 VenturesA*Across Capital PartnersAglae VenturesAkkadian Ventures+63 more

Omnichatomnichat.aiin✓ verified

Omnichat is an omnichannel chat commerce platform that combines messaging integration (WhatsApp, Facebook, Instagram, LINE), marketing automation, and AI agents to help brands run conversational shopping and sales across channels.

AI & Machine LearningE-commerceMarketing TechHong Kong, HK

Alan Chan(Founder)in

Co-investorsAVA Angels

104104.com.tw

Taiwanese online job bank operating a job-search platform and recruitment apps for full-time, part-time and internship hiring.

11111111.com.twin𝕏

1111 operates an online job-search and recruitment platform that uses AI to recommend relevant job openings, optimize resumes and self-introductions, and provide interview preparation and salary comparison tools.

AI & Machine LearningHR TechMarketplaces

1717.media

17LIVE is a Taiwan-founded live streaming and social entertainment platform operating across Asia and other markets.

17Life17life.com

17Life is a Taiwanese group-buying and O2O (online-to-offline) e-commerce platform offering deal vouchers, home delivery, and coupons across categories such as food, travel, and retail.

ConsumerE-commerceMarketplacesRetail Tech

李易騰(董事長暨總經理 (Chairman & General Manager))

59455945.tw

Taiwanese online platform matching homeowners with interior renovation and repair tradespeople and contractor crews.

91APP91app.comin𝕏

91APP provides a SaaS commerce platform that combines branded e-commerce websites and native mobile apps with OMO (online-merge-offline) tools, helping retail brands build membership-based private traffic and integrate online and physical store operations.

E-commerceMarketing TechRetail TechSaaS

Steven Ho何英圻(Founder)in

Co-investorsCherubic VenturesVENTURE+

AI Hayai-hay.vnin

Vietnamese AI question-and-answer app combining large language models, local content and a social knowledge community.

Co-investorsSquare Peg CapitalAppWorksArgor CapitalNorthstar Ventures

Amodaamoda.idin

AMODA provides prefabricated or modular building solutions for various business lines, offering design flexibility, timeline prediction, and transparency in production, cost, and scheduling.

Advanced ManufacturingConstruction TechPropTech

Agusti Salman Farizi(Founder)in

Animoca Brandsanimocabrands.comin𝕏

Animoca Brands invests in blockchain and digital asset projects across gaming, infrastructure, culture, and real-world asset categories, with a portfolio of 600+ companies and a focus on Web3 ecosystem development.

B2B MarketplacesCrypto & Web3GamingSector Agnostic

Yat Siu(Founder & CEO)Robby Yungin

Co-investors2080 Ventures500 GlobalA'Z AngelsAdit Ventures Management, LlcAlpha Wave GlobalArcane Group+37 more

Apollomedicalopticsapollomedicaloptics.com
Authmeauthme.comin𝕏

Authme provides an AI-powered identity verification and eKYC platform that includes ID document OCR across 192+ countries, ID fraud detection, NFC chip verification, face comparison, and liveness/deepfake detection.

AI & Machine LearningCybersecurityEnterprise SoftwareFintechSaaS

Andy(Co-founder)Dalton(Co-founder)

Basicbasic.space

Basic.Space runs a curated digital marketplace selling pre-owned and vintage items alongside new limited editions and brand collaborations exclusive to the platform.

ConsumerE-commerceMarketplacesMedia & Entertainment

Co-investorsPartners ResoluteRed Beard VenturesVenture Catalysts

Beamridebeam.comin𝕏

Beam is a shared micromobility operator providing electric scooter services across Asia Pacific cities, committed to climate neutrality and Vision Zero safety standards through technology and rider education programs.

Climate TechMobility & TransportationSingapore, SG

Deb Gangopadhyay(Founder)Alan Jiang(Founder)

Co-investorsArbor VenturesGobi PartnersIndex VenturesK2 GlobalLIONHEART VENTURESPartech Ventures+3 more

Bloctoportto.ioDefunct

Taiwan-founded operator of Blocto, a multi-chain crypto wallet and dApp platform that wound down its core services in December 2025.

Co-investorsCatcherVCContinue CapitalRed Building Capital

Blokidblokid.comin𝕏

Vaudit (BlokID) offers an AI-native platform that deploys a fleet of agents to continuously audit company spend across AI providers, ad platforms, and operational vendors.

AI & Machine LearningEnterprise SoftwareFintech

Botsync Warehouse robotic automationbotsync.co

Botsync develops mobile robots for warehouse and industrial automation.

Nikhil Venkatesh(Founder)inRahul Nambiar(Founder)in

Co-investorsBetatron Venture GroupCapital2BITERATIVELocus Ventures

Buzzorangebuzzorange.com

Taiwanese digital media publisher operating Chinese-language news brands including TechOrange and BuzzOrange (報橘).

Bythenbythen.aiin𝕏Jan 2025

ByThen offers an AI text-to-video generator that turns a topic or written script into a full-length video, automatically producing visuals, narration, music, and editing up to 30 minutes long.

AI & Machine LearningCreator EconomyMedia & Entertainment

Co-investorsOSK Ventures InternationalSkystar CapitalBEENEXTEast VenturesVectorVector Inc.

Cakeresumecakeresume.comin

Cake is a career platform offering job search, company listings, AI-powered resume and portfolio building tools, and recruitment services for employers.

AI & Machine LearningFuture of WorkHR TechMarketplacesSaaS

Carousellcarousell.com

Singapore-based operator of a mobile-first online classifieds and secondhand marketplace across Southeast Asia, Taiwan and Hong Kong.

Siu Rui Quek(Founder)in

Co-investors500 Startups VietnamEndeavor CatalystGolden Gate VenturesK3 VenturesQuest VenturesRakuten Capital+3 more

Clout Kitchencloutkitchen.netin𝕏

Clouted operates a "Virality Engine" that uses AI agents to produce and distribute native short-form video clips at scale across social and paid channels, drawing on a network of video editors and creators.

AI & Machine LearningCreator EconomyMarketing Tech

Co-investorsTheory Forge Ventures

Concept Art Houseconceptarthouse.comin𝕏

Concept Art House is an art outsourcing studio for game developers, producing character designs, 2D and 3D assets, animation, and VFX for AAA, mobile, and trading card games.

Creator EconomyCrypto & Web3GamingMedia & EntertainmentSan Francisco, US

James(Founder / CEO)Jenny Chen(President & Founder)

BoardMatthew Le Merle(Chairman)

Co-investorsAnimoca BrandsDapper LabsPolymorphic CapitalRed Beard VenturesFabric Ventures

CyberSierracybersierra.co

Singapore-based Cyber Sierra builds agentic AI governance, risk and compliance software for regulated enterprises.

Singapore, SG

Subhajit Mandal(Founder)Pramodh Rai(Founder)inSubhajit Mandal, CFA(Founder)in

Co-investorsLeo Capital VenturesSaison Capital

Dapper Labsdapperlabs.comin𝕏

Dapper Labs is a venture studio building products and communities at the intersection of culture and emerging technology, focused on digital ownership, data control, and decentralized platforms for creators and collectors.

ConsumerCreator EconomyCrypto & Web3Sector AgnosticVancouver

Roham Gharegozlou(Founder)inDieter Shirley(Founder)inMikhael Naayem(Executive Officer)inJody Rebak(Executive Officer)in

BoardDavid Pakman(Director)inAlex Shih(Director)

Co-investorsA.Capital Venturesa16z cryptoAndreessen HorowitzChaos VenturesChapter OneCoatue Management+32 more

Dappio Wonderlanddappio.xyz

Dappio Wonderland is a Solana-based yield aggregator combining DeFi and GameFi yields in one platform.

Co-investorsGhaf Capital PartnersRed Building Capital

Dcarddcard.tw

Dcard is a Taiwanese anonymous social platform and forum used by millions of university students and young professionals.

Kytu Lin(Founder)in

Co-investorsTransLink Capital

Dcarddcard.today

Taiwanese anonymous social platform and forum for university students and young professionals, with over 10 million registered users.

Kytu Lin(Founder)in

Deep Sentineldeepsentinel.comin𝕏

Deep Sentinel provides AI-powered security cameras paired with live monitoring by professional remote guards who can speak to intruders through two-way audio and contact police in real time.

AI & Machine LearningHardwareIoTPleasanton, US

Dave Selinger(Founder)inBrian Kendall(CFO)Morgan Bell(VP of Engineering)inTomasz Borys(VP of Marketing)Andi Woody(VP of Customer Care)

Co-investorsEgis Capital PartnersEudemian VenturesIntel CapitalLux CapitalTri-Valley VenturesShasta Ventures

Discorddiscord.comin𝕏

Discord is a communications platform for voice, video, and text chat designed primarily for gaming communities and players.

ConsumerCreator EconomyGamingSocialSan Francisco, US

Jason Citron(Co-founder)inStanislav Vishnevskiy(Co-founder and Chief Technology Officer)inClint Smith(Executive Officer)inHumam Sakhnini(Chief Executive Officer)Tomasz Marcinkowski(Chief Financial Officer)inBen Shanken(VP of Product)in

Co-investorsAccelAccess IndustriesAcquire FiAcrew CapitalArcane GroupArrington Capital+36 more

Docosandocosan.comin𝕏

Docosan is a healthcare booking platform that lets families in Vietnam find and schedule appointments with hospitals, clinics, doctors, and testing centers, including in-person, at-home, and online consultations.

Digital HealthHealthtechMarketplaces

Natalia Moreno Hendrickson(Founder)in

Co-investors3CC | Third Culture Capital

DotDotquickclick.cc

快一點 (QuickClick) provides an AI-powered ordering and point-of-sale system for restaurants and food-service businesses, enabling online ordering via LINE, cloud-based order intake, and sales reporting with data analytics.

FoodTechRetail TechSaaS

Emqemq.comin𝕏

EMQ operates a global payments network with last-mile endpoints that banks can integrate to enable cross-border money transfers and automate payment processes.

Enterprise SoftwareFintechFuture of WorkImpact & Social GoodSaaS

Genevieve LiJohn KangMax Liu(Chief Executive)in

Co-investors500 Global

Eztableeztable.comin𝕏

EZTABLE is an online restaurant reservation platform where diners in Taiwan can search, book, and pay for tables at hotels and restaurants, and access dining deals, gift cards, and credit-card promotions.

ConsumerFoodTechMarketplaces

Fandorafandorashop.com

Fandora is an online platform selling licensed merchandise and peripheral goods tied to creators, IP characters, and game/anime brands such as Monster Hunter Wilds and various illustrator characters.

ConsumerCreator EconomyE-commerceMarketplaces

FashionGuidefashionguide.com.tw
Fetcchfetcch.xyzin𝕏

Fetcch labs is a research firm that builds tools and infrastructure for decentralized, autonomous applications, including projects across DeFi, onchain loyalty systems, and prediction markets.

Crypto & Web3Deep TechFintech

Mandar D.(Founder)in

Co-investorsBlack Dragon

Figmentfigment.ioin𝕏

Figment is an independent provider of staking infrastructure, offering non-custodial staking, reward tracking, API integrations, and slashing protection to institutional clients such as asset managers, exchanges, wallets, foundations, and custodians.

Crypto & Web3Data & InfrastructureEnterprise SoftwareFintech

Lorien Gabel(Founder & CEO)in

Co-investors10SQ Capital (TenSquared)3cubed VenturesArchetypeB Capital GroupB4 CapitalBonfire Ventures+10 more

Flowonflow.org𝕏

Flow is a blockchain network designed for consumer decentralized finance applications, offering institutional-grade financial products, yield optimization, and automated strategies with features like prediction markets, home equity credit lines, and scheduled transactions that require no cryptocurrency knowledge.

ConsumerCrypto & Web3Fintech

Co-investorsa16z cryptoCeras VenturesMulticoin CapitalValor Capital GroupWhite Paper CapitalYoubi Capital

Fluidfluid.io

Co-investorsCoinbase VenturesElectric Capital

Gashawkgashawk.io

GasHawk optimizes blockchain transaction costs by timing submissions to periods of lower Ethereum gas fees.

Goodlifegoodlife.tw𝕏

Goodlife is a Taiwanese website that aggregates and lists limited-time deals, discounts, and promotions from restaurants, fast-food chains, and leisure venues.

ConsumerMedia & Entertainment

Grafflegraffle.io

Graffle builds custom Web3 activations for brands, using blockchain tools and infrastructure to turn intellectual property and physical products into interactive digital assets.

Crypto & Web3Data & InfrastructureEnterprise SoftwareMarketing Tech

Andrew Chen(Co-Founder)inRyan Lambacher(CEO)in

GVRTgrvt.ioin

Grvt operates a crypto derivatives and spot trading exchange offering classic perpetuals on crypto, equities, and commodities with up to 50x leverage settled in USDT, plus spot markets and yield products.

Crypto & Web3FintechMarketplacesSingapore, SG

Aaron Ong(Founder)Hong Gyu Yea(Founder)inGyu Yea HongMatthew QuekPatrick SuYong Lee

Co-investors500 GlobalCatcherVCFurther Ventures

Helixgamehelixgame.com𝕏

Helix is a game development platform that provides scripting tools using Lua-style code to spawn and control in-game objects such as props.

Developer ToolsGaming

Co-investorsPlay Ventures

Hubblehubbleprotocol.io

Hubble Protocol is a Solana-based DeFi protocol that lets users borrow the USDH stablecoin against deposited crypto collateral.

Co-investorsDigital Currency GroupMulticoin CapitalParaFi Capital

iChannelsichannels.com.tw

iChannels (通路王) is an affiliate marketing and CPA (Cost Per Action) advertising platform in Taiwan, connecting advertisers with tens of thousands of affiliate members who promote products on a performance-based payment model.

AdTechB2B MarketplacesMarketing Tech

Allen Wang(Founder)in

iCHEFichefpos.comin

iCHEF provides a restaurant point-of-sale system for chain restaurant brands, with ERP/accounting integrations, cross-brand sales reporting, HR and payroll system connections, and integrations with payment and delivery platforms.

FoodTechRetail TechSaaSTaipei, TW

Ken Chen(Co-founder)程開佑(Co-founder)

Ihealthihealth.com

iHealth develops connected consumer medical devices and at-home diagnostic tests, including COVID-19 rapid antigen tests.

Yi Liu(Founder)in

Ihealthihealth.com.tw
Infinainfina.vnin𝕏

Infina operates a fintech platform offering yield-generating accounts and integrated investment tools for retail users in Vietnam.

FintechHo Chi Minh City, VN

James Vuong(Founder/CEO)in

Co-investors1982 VenturesDG Daiwa VenturesMyAsiaVCPeak XV PartnersSaison CapitalVenturra+1 more

Inflowjoininflow.ioin

Advanced ManufacturingConsumer

Khanh LêRaghav M S

Co-investors500 GlobalHoxton VenturesITERATIVESpiral VenturesAntlerOctopus Ventures

Infradigitalinfradigital.io

Indonesian startup digitizing school tuition payments, enrollment and financial administration for K-12 institutions.

Intowowintowow.comin𝕏

Intowow provides programmatic advertising technology aimed at helping publishers increase their success in programmatic ad monetization.

AdTechAI & Machine LearningMarketing TechSaaSTaipei, TW

Frank Chen(Chairman & Co-Founder)inBen Chiu(CEO & Co-Founder)YT Li(CTO & Co-Founder)

iSellerisellercommerce.comin

iSeller is a point-of-sale and e-commerce platform that lets businesses sell both in-store and online, with features for inventory management and accepting multiple payment types.

E-commerceRetail TechSaaSIndonesia, ID

Co-investorsIndogen CapitalIntudo VenturesOpenspace Ventures

Jiraffejiraffe.co.jp𝕏

Jiraffe Inc. is a Japanese company that plans, develops, and operates internet services, and also runs a used-equipment buying and resale business.

Circular EconomyConsumerE-commerceMarketplacesTokyo, JP

Teruaki Aso(Representative Director (CEO))inHiroki Matsumoto(Director & COO, Head of magi Business Unit)Yuji Nagashima(Director & CFO, Head of Administration)

Co-investorsEast VenturesGreemint VCSkyland Ventures

Kargo Technologieskargo.techin

Kargo Technologies provides a digital logistics platform that integrates shippers with a network of transporters and drivers in Indonesia.

Logistics & Supply ChainSaaSJakarta, ID

Tiger Fang(Founder)in

Co-investorsAC VenturesAgaeti VenturesAlter GlobalCapria VenturesTenaya Capital

Karpatkeykarpatkey.comOct 2024 · $7M

KPK (karpatkey) is an onchain asset manager providing DeFi treasury mandates, vaults and tokenised funds.

Co-investorsBorderless VentureSaison CapitalThanefield CapitalWintermute

Kikitradekikitrade.com

Kikitrade is a Hong Kong-based social cryptocurrency investing platform for retail investors across Asia-Pacific.

Exits · 1

IPOs and acquisitions across the tracked portfolio

UberNYSE: UBER

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has AppWorks Ventures made?
AppWorks Ventures has 113 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
What stage does AppWorks Ventures invest at?
AppWorks Ventures invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is AppWorks Ventures's typical check size?
AppWorks Ventures typically writes checks of $200K – $15M.
What sectors does AppWorks Ventures focus on?
AppWorks Ventures focuses on AgTech, AI & Machine Learning, Consumer, Crypto & Web3, Data & Infrastructure, E-commerce, EdTech, Enterprise Software, Fintech, FoodTech, Gaming, Healthtech, InsurTech, Logistics & Supply Chain, Marketplaces, Media & Entertainment, Mobility & Transportation, PropTech, Retail Tech, SaaS, Sector Agnostic.
Where is AppWorks Ventures located?
AppWorks Ventures is headquartered in Taipei, TW.
Does AppWorks Ventures lead rounds?
Yes, AppWorks Ventures leads investment rounds.
Who does AppWorks Ventures co-invest with?
AppWorks Ventures most often shares deals with 500 Global, Capria Ventures, Indogen Capital, among 233 tracked co-investors.

Media · Podcasts & interviews

featuring the team

AppWorks Ventures & Deep Dive into Web3 with Jessica Liu

Analyse Asia · Jessica Liu

Coffee Chat: Demystifying Taiwan's Startup Scene [Interview with Jamie Lin, appWorks Ventures]

Tech in Asia · Jamie Lin

Blockchain Series S2E3 - “Layer 2” 借阿公來講解以太坊擴容機制 - Channel, Sidechain, Rollup | Ethereum Scaling

AppWorks

AW#26 #AskMeAnything with Dcard Founder Kytu

AppWorks

Blockchain Series S2E2 - 解說 “The Merge” 以太坊公鏈九月大改版!什麼是 ETH2.0? 什麼是 Beacon Chain? / "What the Merge?"

AppWorks

AppWorks web3.GSEA Panel 2022

AppWorks

Images

AppWorks Ventures photoAppWorks Ventures photo

Co-investors · 7

500 Global

500 Global (formerly 500 Startups) is a venture capital firm whose flagship Silicon Valley strategy backs promising technology companies from pre-seed onward across a range of sectors and geographies.

$150K
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

Both backed · 1
$500K – $50M
Openspace Ventures

Openspace (also referred to as Openspace Capital/Openspace Ventures) is a multi-strategy asset manager focused on Southeast Asia, investing in tech-native and tech-enabled companies at the early and growth stages across various sectors.

Both backed · 1
SOSV

SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.

$30K – $550K
IVC

IVC is a venture capital firm that has made over 200 investments across Web3, gaming, digital entertainment, AI, infrastructure, and fintech.

$480K – $9M
Ethereal Ventures Management Ltd.

Ethereal Ventures is a global investment firm focused on crypto, permissionless networks, and digital assets, backing companies from inception through growth.

Gnosis DAO

Gnosis is a Germany-based crypto organization whose homepage promotes Circles, an open protocol in which currency is issued to individuals hourly rather than by banks. The system ties spending power to community membership and reputation and can be used through a Visa card. It operates as a blockchain product builder rather than an investment firm.

Firms observed investing alongside AppWorks Ventures, from public investor directories. Shared companies are the overlap with AppWorks Ventures's recorded portfolio.

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