Established in 1990, JAFCO Asia is a prominent venture capital firm with offices across Singapore, Hong Kong, Taipei, Seoul, and Beijing. With over US$1.2 billion under management, they have invested in 368 companies across 13 countries, divesting 260, including 86 publicly listed ones. Since 2000, JAFCO Asia has focused on technology-related investments, becoming a leading venture capital firm for tech startups in the region.
Komunal is an Indonesian financial technology company that operates a Peer-to-Peer Lending platform. It connects potential Small and Medium Enterprises (SMEs) with funders, facilitating direct lending relationships to support economic growth.
SUNRATE
Series C in 2021
SUNRATE is a global payment and treasury management platform established in 2016, headquartered in Singapore with additional offices in Hong Kong, Jakarta, London, and Shanghai. The company provides a comprehensive solution for businesses to operate and scale internationally across over 190 countries and regions. SUNRATE's platform offers services such as international payments, virtual corporate cards, global collections, and treasury management, facilitating smooth commercial transactions and enhancing international trade. By leveraging its proprietary technology and extensive global network, SUNRATE partners with leading financial institutions like Citibank and Standard Chartered, and holds principal memberships with both Mastercard and Visa, positioning itself as a key player in the financial technology sector.
Ritase
Series A in 2019
Ritase is a technology platform that facilitates connections between shippers and logistics companies for freight transportation in Indonesia. It offers an online-to-offline (O2O) truck freight solution that integrates services for both truckers and shippers, allowing for real-time monitoring of shipments. The platform provides detailed reporting capabilities, enabling clients to receive periodic automatic reports on profits generated from truck delivery services. By linking enterprise resource planning (ERP) systems with various logistics providers, Ritase enhances visibility and efficiency in the logistics process, ensuring that clients can track their shipments in real time.
Bubbly
Series E in 2012
Bubbly Inc. is a Singapore-based company that develops a social voice application, enabling users to connect and share voice messages globally. The Bubbly app allows users to follow celebrities and popular figures, listen to updates in their authentic voices, and share their own voice recordings enhanced with various audio effects and filters. The platform functions across both feature phones and smartphones, expanding its reach to a wide audience. Bubbly is recognized for its innovative approach to social messaging, likened to "Twitter with a voice," and has gained over 30 million users, particularly in Asia. With recent updates, the application has become available globally through its iPhone and Android versions, further enhancing user engagement. Founded in 2003 and formerly known as Bubble Motion, Bubbly operates under Altruist Technologies Pvt. Ltd. and has expanded its operations to regions including Silicon Valley, India, Japan, Indonesia, Thailand, and the Philippines.
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