BEENEXT

BEENEXT is a venture capital firm based in Singapore, established in 2015. It focuses on supporting early-stage technology startups, primarily in South East Asia, India, and Japan. The firm is managed by a team of serial entrepreneurs who leverage their operational experience and extensive networks to assist founders. BEENEXT emphasizes building a community of entrepreneurs, aiming to create a platform that is by and for founders. Since its inception, the firm has invested in over 180 companies globally, focusing on new digital platforms powered by data networks.

Hero Choudary

Managing Partner

Hero Choudhary

Partner

Yusuke Kono

Director

Hiro Maeda

Managing Partner

Danella Muljono

Investment Associate

Ricky Nguyen

Director, Operations and Finance

Yukano Nishijima

Investment Manager

Faiz Rahman

Partner

Teruhide Sato

CEO and Founder

Chinmaya Saxena

Partner, Community Strategy

Saksham Pant

Principal

Past deals in Singapore

Protos Labs

Seed Round in 2023
Protos Labs is a Singapore-based cyber risk management company founded by former leaders from Booz Allen. The company focuses on enhancing the ability of insurers and enterprises to manage cyber risk through its innovative, AI-driven platform. This platform provides real-time, data-driven risk insights by integrating information from various sources, including security tools and threat intelligence feeds. By employing a unique threat-informed approach, Protos Labs assesses an organization's cyber resiliency dynamically, allowing insurers to quantify their clients' cyber risk exposure accurately. This capability helps reduce the likelihood of breaches and enables insurers to monitor changes in a client's risk profile over time, ultimately enhancing overall cybersecurity measures.

Potato Play

Seed Round in 2022
Potato Play is a Singapore-based publisher focused on transforming mobile games from Asia into global successes through a data-driven approach. The company specializes in developing games across various genres, including puzzles, action, and racing, ensuring an engaging experience for players. Founded by a leadership team with extensive experience in the gaming industry, Potato Play leverages its expertise to create and promote captivating mobile games that appeal to a worldwide audience.

Potato Play

Seed Round in 2020
Potato Play is a Singapore-based publisher focused on transforming mobile games from Asia into global successes through a data-driven approach. The company specializes in developing games across various genres, including puzzles, action, and racing, ensuring an engaging experience for players. Founded by a leadership team with extensive experience in the gaming industry, Potato Play leverages its expertise to create and promote captivating mobile games that appeal to a worldwide audience.

Sprout Solutions

Series A in 2019
Sprout is a payroll and HR software provider, focusing on emerging markets. Sprout fully automates timekeeping and attendance, replacing spreadsheets and printed forms with biometrics, single-click processing, and prescriptive analytics. Sprout has strong traction in the Philippines and a growing presence in Singapore and Indonesia.

Wallex

Seed Round in 2018
Wallex Technologies Pte, Ltd. is a Singapore-based company that develops and operates an online cash management platform tailored for SMEs and Fintechs in Asia. Incorporated in 2015, it provides a range of financial solutions, including virtual accounts for collections and disbursements, a multi-currency wallet, foreign exchange conversions, and cross-border payments. Through its platform, customers can transact in 46 currencies, benefiting from fast and seamless transactions along with competitive exchange rates and fees. Additionally, Wallex offers an API that allows for real-time foreign exchange execution, enhancing the efficiency of international transactions. With offices in China, Indonesia, and Hong Kong, Wallex aims to facilitate easier and more effective cross-border financial activities for its clients.

Sprout Solutions

Seed Round in 2018
Sprout is a payroll and HR software provider, focusing on emerging markets. Sprout fully automates timekeeping and attendance, replacing spreadsheets and printed forms with biometrics, single-click processing, and prescriptive analytics. Sprout has strong traction in the Philippines and a growing presence in Singapore and Indonesia.

SolarHome

Convertible Note in 2018
SolarHome is a pioneering company in Southeast Asia, specializing in Pay-As-You-Go solar solutions for off-grid households. The company installs integrated solar energy systems and appliances in homes and offers affordable rent-to-own plans, significantly lowering the barriers to solar technology adoption for low-income clients. With a focus on social impact, SolarHome targets the 27 million households in Southeast Asia that lack access to the electric grid. Headquartered in Singapore, the company currently operates in Myanmar and aims to provide sustainable energy solutions to underserved communities. SolarHome was developed by FORUM, a leading fintech venture builder in Emerging Asia, which supports its innovative approach to renewable energy access.

SolarHome

Venture Round in 2017
SolarHome is a pioneering company in Southeast Asia, specializing in Pay-As-You-Go solar solutions for off-grid households. The company installs integrated solar energy systems and appliances in homes and offers affordable rent-to-own plans, significantly lowering the barriers to solar technology adoption for low-income clients. With a focus on social impact, SolarHome targets the 27 million households in Southeast Asia that lack access to the electric grid. Headquartered in Singapore, the company currently operates in Myanmar and aims to provide sustainable energy solutions to underserved communities. SolarHome was developed by FORUM, a leading fintech venture builder in Emerging Asia, which supports its innovative approach to renewable energy access.

Kaodim Group

Series A in 2015
The Kaodim Group is a leading services marketplace in Southeast Asia, with operations in Malaysia, Singapore, the Philippines, and Indonesia. Headquartered in Malaysia, Kaodim connects local communities with verified service professionals for various everyday tasks, including cleaning, plumbing, and photography. The platform offers users free access to trusted service providers, allowing them to receive customized quotations and view personalized profiles along with user reviews. This innovative approach transforms local businesses through user-friendly mobile and web applications available on major platforms.
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