Eight Roads

Eight Roads is a global venture capital firm, established in 1969, that invests in technology and healthcare companies across Asia, Europe, Israel, and the United States. It manages over $11 billion in assets through various funds, including Eight Roads Ventures China, Europe, India, and Japan. The firm focuses on early venture, growth capital, and growth stage investments, typically committing between $1.29 million to $30 million per company. Eight Roads seeks minority and majority stakes, often taking a board seat, and has invested in over 500 companies such as Alibaba, Chewy, and Toast. It operates as the proprietary investment arm of Fidelity International Limited.

Umang Agarwal

Principal

Sanjay Aggarwal

Venture Partner

Hiroki Ashida

Vice President

Daniel Auerbach

Senior Managing Partner, Asia

Vytautas Balsys

Partner

Helena Barman

Investor

Virginia Bassano

Vice President

Shirish Belapure

Venture Partner

Daniel Benjamin

Associate

Betty Cai

Partner

Ted Chua

Senior Partner

Kevin Du

Senior Associate

Raj Dugar

Managing Partner, India

Martin Ericsson

Principal

Tamina Fogelberg

Associate

Siddhant Gandhi

Associate

Elaine Gao

Senior Associate

Antonin Gury-Coupier

Vice President

Davor Hebel

Managing Partner and Head of Europe

April Hu

Vice President

Tao Huang

Principal

Tammy Huang

Senior Associate

Tao Huang

Principal

Allen Huo

Vice President

Abhishek Jain

Vice President

Zang Jialun

Partner

Murata Junichi

Partner

Deepak Kanvinde

Venture Partner

Michiko Kohyama

Vice President

Shinichiro Komoto

Partner

Kavish Kothari

Principal

Chintan Kothari

Partner

Thomas Lin

Vice President

Rebecca Lin

Partner

Xin Liu

Partner

Allen Liu

Senior Associate

Maneesh Menon

Principal

Sophie Meralli

Vice President

Chersy Miao

Senior Associate

David Milstein

Managing Partner and Head of Japan

Jens Neisius

Vice President

Dan O'Toole

Vice President

Yosuke Ouchi

Principal

Delphine Qiu

Principal

Eyal Rabinovich

Principal

Laura Salesse

Senior Associate

Fuga Sawada

Senior Associate

Shawn Shen

Partner

Sagar Sheth

Vice President

Lei Shi Ph.D

Partner

Arjun Singh

Senior Associate

Michael Stephanblome

Venture Partner

Liena Suzuki MD

Principal

Aditya Gurunath Systla

Principal

Jarlon Tsang

Managing Partner and Head of China

Ashish Venkataramani

Partner

Ashish Venkataramani

Partner

He Wang

Vice President

Bo Wang

Senior Associate

Nancy Xu

Vice President

Cody Yin Ph.D

Partner

Zhang Yixiao

Executive Director

Yuan Yuan

Principal

Alston Zecha

Partner

Haoming Zhang

Vice President

Gordon Zhang

Vice President and Principal

Feng Zhao

Partner

Weimin Liu Ph.D

Partner

Past deals in Transport and logistics

Shadowfax

Series E in 2024
Shadowfax is an on-demand logistics network that specializes in providing tech-enabled delivery solutions across various sectors, including e-commerce, food, pharmacy, and consumer goods. By leveraging its unique app, the company offers a reliable last-mile delivery service, allowing businesses to concentrate on their core operations while outsourcing their delivery needs. Shadowfax aims to enhance the customer experience through efficient, fast, and dependable delivery options. Its platform serves both online and offline retailers, catering to the diverse logistics demands of merchants and ensuring timely service. The company envisions establishing itself as a trustworthy and desirable delivery platform, emphasizing the use of advanced technology to streamline logistics and improve customer satisfaction.

OpenLogi

Series D in 2024
OpenLogi Inc. is a Tokyo-based logistics platform established in December 2013, designed specifically for small and medium-sized enterprises (SMEs) and freelancers. The company offers an outsourced logistics solution that includes features such as warehouse inspection, storage, shipping, and management of returned merchandise, all accessible through a user-friendly dashboard. By leveraging unused warehouse assets and optimizing logistics operations, OpenLogi provides affordable rates and innovative technology to streamline warehouse control systems. Founded by Hidetsugu Ito, who previously worked on the Japanese magazine subscription service Fujisan.co.jp, OpenLogi aims to address the logistics challenges faced by small e-commerce businesses in Japan.

Raft

Series B in 2023
Raft is a logistics platform that leverages artificial intelligence to automate the freight process, providing enhanced control and visibility for operators. By streamlining various tasks such as managing accounts payable invoices, customs documentation, and shipping workflows, Raft significantly reduces the need for manual input and reconciliation. This automation allows freight forwarders and customs brokers to operate more efficiently, saving valuable time and improving accuracy and compliance in their operations. The platform's real-time processing capabilities enable operators to handle shipments promptly and with greater certainty, ultimately enhancing customer service.

7bridges

Series A in 2022
7bridges is a logistics platform that enhances visibility and control over logistics processes through a unified approach to data and operations. It utilizes artificial intelligence to automate workflows within the logistics industry, providing a web-based tool that consolidates various logistics data and processes into a single user interface. This integration allows customers to manage costs, operations, and performance more effectively. By connecting users to a global supplier ecosystem, 7bridges aims to facilitate sustainable logistics operations, making them more accessible and achievable for businesses.

Cazoo

Venture Round in 2020
Cazoo Limited is an online marketplace that revolutionizes the car buying experience for consumers in the UK and Europe. Founded in 2018 and headquartered in London, Cazoo offers a platform where customers can buy, finance, or rent used cars entirely online. The service allows users to select their desired vehicle and have it delivered to their doorstep within hours, making the process efficient and convenient. By streamlining car purchases and rentals, Cazoo aims to simplify the traditionally complex experience of buying a car.

Shadowfax

Series D in 2019
Shadowfax is an on-demand logistics network that specializes in providing tech-enabled delivery solutions across various sectors, including e-commerce, food, pharmacy, and consumer goods. By leveraging its unique app, the company offers a reliable last-mile delivery service, allowing businesses to concentrate on their core operations while outsourcing their delivery needs. Shadowfax aims to enhance the customer experience through efficient, fast, and dependable delivery options. Its platform serves both online and offline retailers, catering to the diverse logistics demands of merchants and ensuring timely service. The company envisions establishing itself as a trustworthy and desirable delivery platform, emphasizing the use of advanced technology to streamline logistics and improve customer satisfaction.

Aperza

Series B in 2019
Aperza Inc. is a company based in Yokohama, Japan, established in 2016, that focuses on enhancing the manufacturing industry through digital solutions. It operates a suite of online platforms, including Aperza, an industrial portal, and Aperza Catalog, which serves as an industrial catalog portal. Additionally, Aperza provides an e-commerce marketplace tailored for industrial products, as well as various media outlets like Monozukuri News and Automation News Web. The company aims to remove barriers related to information, transactions, and communication within the manufacturing sector. By supporting manufacturers and startups in adapting to modern trends such as Industry 4.0 and IoT, Aperza seeks to contribute to the revitalization of Japan's core manufacturing industry and facilitate easier access to raw materials and products for engineers.

Shadowfax

Series C in 2018
Shadowfax is an on-demand logistics network that specializes in providing tech-enabled delivery solutions across various sectors, including e-commerce, food, pharmacy, and consumer goods. By leveraging its unique app, the company offers a reliable last-mile delivery service, allowing businesses to concentrate on their core operations while outsourcing their delivery needs. Shadowfax aims to enhance the customer experience through efficient, fast, and dependable delivery options. Its platform serves both online and offline retailers, catering to the diverse logistics demands of merchants and ensuring timely service. The company envisions establishing itself as a trustworthy and desirable delivery platform, emphasizing the use of advanced technology to streamline logistics and improve customer satisfaction.

OpenLogi

Series B in 2017
OpenLogi Inc. is a Tokyo-based logistics platform established in December 2013, designed specifically for small and medium-sized enterprises (SMEs) and freelancers. The company offers an outsourced logistics solution that includes features such as warehouse inspection, storage, shipping, and management of returned merchandise, all accessible through a user-friendly dashboard. By leveraging unused warehouse assets and optimizing logistics operations, OpenLogi provides affordable rates and innovative technology to streamline warehouse control systems. Founded by Hidetsugu Ito, who previously worked on the Japanese magazine subscription service Fujisan.co.jp, OpenLogi aims to address the logistics challenges faced by small e-commerce businesses in Japan.

Shadowfax

Venture Round in 2017
Shadowfax is an on-demand logistics network that specializes in providing tech-enabled delivery solutions across various sectors, including e-commerce, food, pharmacy, and consumer goods. By leveraging its unique app, the company offers a reliable last-mile delivery service, allowing businesses to concentrate on their core operations while outsourcing their delivery needs. Shadowfax aims to enhance the customer experience through efficient, fast, and dependable delivery options. Its platform serves both online and offline retailers, catering to the diverse logistics demands of merchants and ensuring timely service. The company envisions establishing itself as a trustworthy and desirable delivery platform, emphasizing the use of advanced technology to streamline logistics and improve customer satisfaction.

Shadowfax

Series B in 2016
Shadowfax is an on-demand logistics network that specializes in providing tech-enabled delivery solutions across various sectors, including e-commerce, food, pharmacy, and consumer goods. By leveraging its unique app, the company offers a reliable last-mile delivery service, allowing businesses to concentrate on their core operations while outsourcing their delivery needs. Shadowfax aims to enhance the customer experience through efficient, fast, and dependable delivery options. Its platform serves both online and offline retailers, catering to the diverse logistics demands of merchants and ensuring timely service. The company envisions establishing itself as a trustworthy and desirable delivery platform, emphasizing the use of advanced technology to streamline logistics and improve customer satisfaction.

Shadowfax

Series A in 2015
Shadowfax is an on-demand logistics network that specializes in providing tech-enabled delivery solutions across various sectors, including e-commerce, food, pharmacy, and consumer goods. By leveraging its unique app, the company offers a reliable last-mile delivery service, allowing businesses to concentrate on their core operations while outsourcing their delivery needs. Shadowfax aims to enhance the customer experience through efficient, fast, and dependable delivery options. Its platform serves both online and offline retailers, catering to the diverse logistics demands of merchants and ensuring timely service. The company envisions establishing itself as a trustworthy and desirable delivery platform, emphasizing the use of advanced technology to streamline logistics and improve customer satisfaction.

Coastal Projects

Private Equity Round in 2009
Coastal Projects is a construction company that specializes in civil works, particularly in the area of underground excavations. The company focuses on hydropower projects, constructing essential infrastructure components such as powerhouse complexes, headrace tunnels, tailrace tunnels, surge shafts, surge chambers, and desilting chambers. Additionally, Coastal Projects utilizes advanced tunnel boring machines and drilling jumbos, which have been instrumental in the development of various infrastructure projects, including metros and tunnels for both public and private sectors.

Coastal Projects

Private Equity Round in 2008
Coastal Projects is a construction company that specializes in civil works, particularly in the area of underground excavations. The company focuses on hydropower projects, constructing essential infrastructure components such as powerhouse complexes, headrace tunnels, tailrace tunnels, surge shafts, surge chambers, and desilting chambers. Additionally, Coastal Projects utilizes advanced tunnel boring machines and drilling jumbos, which have been instrumental in the development of various infrastructure projects, including metros and tunnels for both public and private sectors.
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