Watershed Growth Ventures — Full Portfolio

2 tracked investments · listed companies and verified rows first

Flex Capitalflex-capital.jp 𝕏May 2026

Flex Capital provides debt financing for startups and SMEs in Japan, offering unsecured, unguaranteed products including venture debt (up to ¥300M), revenue-based financing, and invoice payment financing.

Fintech

Co-investorsAngel Bridge Co.,Ltd.Eniac Ventures Flex Capital Partners Maveron Pear VC The Family Fund +1 more

Penguinpenguin.travelSep 2025 · $29.7M

Penguin is a Thai travel company whose booking app brings airfares held by local Southeast Asian travel agencies onto an online channel.

Travel & Hospitality

Kittikorn KunnalekhaTaxsa BunnagVachara AemavatZhaocheng(muyi) Fan(Founder)in

Co-investors500 Global Greycroft Hudson Structured Capital Management Overwater Ventures Llc Snowflake Ventures Stone Point

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.