What stage does Upstream Ventures invest at?

Upstream Ventures invests at the Seed, Series A stages.

What is Upstream Ventures's typical check size?

Upstream Ventures typically writes checks of $955K – $4M.

Where is Upstream Ventures located?

Upstream Ventures is headquartered in Taipei, TW.

Upstream Ventures

Venture capital

Taipei · Seed–Series A · 2 people tracked

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Investment thesis

Upstream Ventures invests at the early stage, concentrating on seed through Pre-A/A rounds for companies with strong growth potential. Its team brings over a decade of secondary-market research and operating experience across traditional industries, electronics, advanced manufacturing, and semiconductors. Since 2023 it has increased its focus on vertically integrated SaaS and advanced manufacturing technologies. The firm believes frontier technology and innovation are key to solving industry challenges, positioning itself at the industry's upstream to identify promising startups and support them with strategic resources to achieve growth and breakthroughs.

Invests inAdvanced Manufacturing Deep Tech Enterprise Software Fintech SaaS Semiconductors Asia-Pacific China Taipei Taiwan

Source: firm website, verified Aug 3, 2026.

Stage

Seed–Series A

Check

$955K – $4M

Taipei, TW

Instruments

Equity

Last 12 months

2 investments

Tracked investments

Team · 2 people

from the firm's website

Jeff Wu· Partner

Partner at Upstream Ventures with extensive investment and entrepreneurial experience. He co-founded Statementdog (財報狗) in 2010, founded Hongce Investment in 2013, and co-founded Caibao Cloud in 2022. Since 2018 he has angel-invested in companies including iSem, ECPay, and 91APP, following a long-term investment philosophy.

Sky Lin· Partner

Partner at Upstream Ventures and CFA charterholder, previously a financial advisor and investment professional. He serves as investment director at Statementdog and research lead at Hongce Investment, specializing in startups and secondary markets across tech and traditional industries, with a focus on undervalued opportunities.

What they invest in

from 2 of 2 portfolio companies

Healthtech ×2Fintech ×1SaaS ×1

HQs:United States×1

Investments · 2 tracked

founders shown can be your intro path

By year:2026 · 1 2025 · 12 dated

Cyleritycylerity.com inOct 2025 · $4M

Cylerity operates a platform that converts healthcare claims data from billing and clearinghouse systems into financial intelligence and faster access to working capital.

FintechHealthtechSaaS

Co-investorsHealthX Ventures Tundra Angels C2 Ventures Wisconsin Investment Partners

Klinicklinic.comJan 2026

Healthcare company that raised a $24M Series A

HealthtechFrisco, US

Avish Bhama(Executive Officer, Director)

BoardIlya Golubovich(Director)Daniel Goldsmith(Director)in

Co-investorsSeedToB Tau Ventures I2BF Global Ventures Proofpoint Capital TAU Ventures

Portfolio news

latest coverage across their companies

Klinic Raises $24M in Series A Equity Funding

Klinic · finsmes.com · Jul 8, 2026

Cylerity raises $4m to speed payments

Cylerity · fintech.global · Oct 29, 2025

Frequently asked questions

What stage does Upstream Ventures invest at?: Upstream Ventures invests at the Seed, Series A stages.
What is Upstream Ventures's typical check size?: Upstream Ventures typically writes checks of $955K – $4M.
What sectors does Upstream Ventures focus on?: Upstream Ventures focuses on Advanced Manufacturing, Deep Tech, Enterprise Software, Fintech, SaaS, Semiconductors.
Where is Upstream Ventures located?: Upstream Ventures is headquartered in Taipei, TW.

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