Aspire is a finance operating system based in Singapore, catering to growing businesses in Southeast Asia. Founded in 2018, the company offers a comprehensive suite of services that includes business accounts for cross-border operations, corporate cards, and automated invoice processing, all integrated with financial management software. Aspire also provides an incorporation service known as Aspire Kickstart, designed specifically for Singaporean companies. By delivering efficient and transparent banking solutions, Aspire enables clients to manage their bank accounts, credit cards, invoicing, and expenses through a unified platform, facilitating improved cash management and informed business decisions.
Flip operates as a platform that allows users to send money securely without a transaction fee. The company was founded by Rafi Putra Arriyan, Ginanjar Ibnu Solikhin, and Luqman Sungkar in 2015 and is headquartered in Depok, Jawa Barat, Indonesia.
Horizon Quantum
Series A in 2022
Horizon Quantum Computing is pioneering classical to quantum programming: the automatic construction of quantum algorithms from conventional languages such as Matlab, Python or C. Spanning the entire chain from algorithm generation to hardware-specific implementation, its programming tools will allow users to develop quantum-accelerated applications whatever their expertise. Horizon Quantum Computing was founded in 2018 by Dr Joe Fitzsimons, a former professor and principal investigator at the Centre for Quantum Technologies in Singapore. The leadership team also includes Dr Si-Hui Tan, an active researcher in the field of quantum information science with over 15 years experience.
Maya
Convertible Note in 2022
Maya is a Philippines-based technology company and a wholly-owned subsidiary of Smart Communications, Inc., under the umbrella of First Pacific. The company specializes in providing innovative digital solutions aimed at developing new business streams and adapting to evolving business models. Maya offers a comprehensive range of services, including merchant acquiring, domestic and international remittance, payment acceptance, card issuing, and various digital financial services. Additionally, the company focuses on mobile payments, digital disbursement, e-wallets, digital lending, and digital banking, positioning itself as a key player in the financial technology sector.
J&T Express
Private Equity Round in 2021
J&T Express is a logistics service provider focused on express delivery and courier services, primarily supporting the e-commerce sector. Founded in 2015 and headquartered in Jakarta, Indonesia, the company operates automated sorting warehouses in Indonesia and Singapore. J&T Express has established itself as a leading player in the express delivery market across Southeast Asia, offering services in 13 countries. By partnering with major e-commerce platforms, J&T facilitates the growth of its clients, enabling them to expand into new markets effectively. Its commitment to efficient logistics and innovative solutions positions J&T Express as a key player in the rapidly evolving logistics landscape.
GoTo Group
Funding Round in 2021
GoTo Group is an application used for ride-hailing, food delivery, and other services. GoTo Group is driving progress by providing technology infrastructure and solutions that enable everyone to participate in and thrive in the digital economy.
Ula is a technology-driven marketplace application based in Jakarta, Indonesia, focused on modernizing distribution and credit for micro, small, and medium enterprises. Founded in 2020, the company offers a B2B platform that allows small retailers to efficiently manage their inventory and supply chain. Ula provides a wide assortment of products at competitive prices, alongside favorable payment terms, enabling store owners to stock only what they need while also accessing essential working capital. By leveraging technology, Ula aims to address significant challenges in the retail sector, enhancing the competitiveness of small retailers and helping them improve their profit margins and overall business growth. In addition to its headquarters in Jakarta, Ula has offices in Bengaluru, India, and Singapore.
Founded in Thailand in 2017, Sunday is the first full-stack InsurTech group adopting data models and technology to offer multiple insurance products and services across the entire customer journey. The company provides auto insurance, health insurance, and travel insurance. Sunday reinvents the entire insurance offering and experience to ensure that customers' needs are met anytime, anywhere.
Ookbee
Debt Financing in 2021
Ookbee Group is the largest storytelling ecosystem in Thailand, focusing on user-generated content platforms that resonate with younger audiences. It operates several notable platforms, including Joylada, Tunwalai, Ookbee, Fictionlog, Storylog, Beeber, and Fungjai, which encompass a broad range of content such as novels, e-books, music, and live-streaming videos. The company provides a digital publication platform that enables users to create, share, and monetize their own content. It also offers a comprehensive bookstore featuring a variety of free and paid materials, including magazines, newspapers, fiction and non-fiction books, audiobooks, and online courses. Additionally, Ookbee's payment gateway facilitates the publishing, distribution, and sale of digital publications to a global audience, fostering a vibrant ecosystem for both creators and consumers.
Maya
Private Equity Round in 2021
Maya is a Philippines-based technology company and a wholly-owned subsidiary of Smart Communications, Inc., under the umbrella of First Pacific. The company specializes in providing innovative digital solutions aimed at developing new business streams and adapting to evolving business models. Maya offers a comprehensive range of services, including merchant acquiring, domestic and international remittance, payment acceptance, card issuing, and various digital financial services. Additionally, the company focuses on mobile payments, digital disbursement, e-wallets, digital lending, and digital banking, positioning itself as a key player in the financial technology sector.
PatSnap is an innovation intelligence platform that specializes in providing insights related to intellectual property (IP) and research and development (R&D). Founded in 2007 and headquartered in Singapore, the company serves over 10,000 customers across more than 50 countries. Its platform utilizes artificial intelligence to deliver comprehensive market, technology, and competitive intelligence, along with detailed patent insights. This allows innovators to identify new opportunities, assess risks, track competitors, and make informed decisions throughout the product development process, from ideation to commercialization.
Maya
Private Equity Round in 2020
Maya is a Philippines-based technology company and a wholly-owned subsidiary of Smart Communications, Inc., under the umbrella of First Pacific. The company specializes in providing innovative digital solutions aimed at developing new business streams and adapting to evolving business models. Maya offers a comprehensive range of services, including merchant acquiring, domestic and international remittance, payment acceptance, card issuing, and various digital financial services. Additionally, the company focuses on mobile payments, digital disbursement, e-wallets, digital lending, and digital banking, positioning itself as a key player in the financial technology sector.
QTC Care is a medical services provider founded in 2013 and headquartered in Shanghai, China, with branches in the United States, Japan, Singapore, and Europe. The company specializes in offering a range of services, including preventative care, second opinions, multidisciplinary consultations, and personalized medical solutions. QTC Care aims to facilitate access to high-quality healthcare globally, allowing customers to connect with renowned medical institutions and world-class doctors. Its health management platform includes features such as remote consultation reports and international video diagnosis, enabling patients to receive tailored treatment, particularly for critical care and cancer management. With partnerships with over 600 prestigious medical institutions, QTC Care is dedicated to simplifying the process for patients seeking top-tier medical care worldwide.
Sea is a consumer internet company focused on enhancing the lives of consumers and small businesses in Southeast Asia through technology. It operates three main businesses: Shopee, Garena, and SeaMoney. Shopee is the largest e-commerce platform in the region, recognized for its substantial gross merchandise value and transaction volume, with a significant presence in markets such as Indonesia, Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. Initially founded as a gaming company, Garena has transitioned into a key player in the e-commerce sector since its expansion in 2015. The platform's popular game, Free Fire, was the most downloaded game in January 2022 and generated a considerable portion of Garena's revenue. SeaMoney offers digital financial services, including lending, and is poised for growth within Sea's business portfolio.
Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics. The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, and MSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings. The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran.
Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics. The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, and MSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings. The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran.
Shanda Games
Corporate Round in 2018
Shanda Games is an online game developer, operator, and publisher offering massively multiplayer online games and mobile games. It distributes its products in China and in overseas markets targeting a large and diverse community of users. It manages and operates online games that are developed in-house, co-developed with professional game developers, acquired through investments, or licensed from third parties. It operates a nationwide network to host hundreds of users playing simultaneously, and adjust the game content to optimize its game players’ experience. As of June 30, 2014, Shanda Games operated 71 massively multiplayer online games and mobile games, and its in-house development capabilities consisted of approximately 1,600 game development personnel and its proprietary game development platform. It licenses games from international and domestic developers. In 2013, the company derived approximately 71% of its net revenues from games that it owns and co-owned. As of June 30, 2014, 42 of its 71 games were licensed from third-party developers on an exclusive basis, two games were jointly developed with a third-party developer, and one game was jointly operated with third-party developers. Its game player base, which consists of 18.4 million average monthly active users and 3.1 million average monthly paying users for its massively multiplayer online games, and 448,900 average daily active users for its mobile games, for the year of 2013, is one of the largest in China. Shanda Games is among the first in China to adopt the item-based revenue model for advanced casual games and is the first to adopt this revenue model for MMORPGs on a large scale. Shanda Games is also expanding its business into overseas markets. In August 2011, it began operating a localized version of Dragon Nest in Singapore. In March 2013, it started to operate Dragon Nest in Europe. In addition, it also licenses certain of its online games, of which it owns the intellectual property rights, to overseas third-parties operators. Markets and regions in which it has presence include Hong Kong, Macau, Taiwan, Vietnam, Brazil, Malaysia, Indonesia, the Philippines, Singapore, Thailand, South Korea, Japan, the United States, Canada, Australia, New Zealand, Russia, Middle East, and Europe. Shanda Games was launched in 1999.
Ookbee
Funding Round in 2017
Ookbee Group is the largest storytelling ecosystem in Thailand, focusing on user-generated content platforms that resonate with younger audiences. It operates several notable platforms, including Joylada, Tunwalai, Ookbee, Fictionlog, Storylog, Beeber, and Fungjai, which encompass a broad range of content such as novels, e-books, music, and live-streaming videos. The company provides a digital publication platform that enables users to create, share, and monetize their own content. It also offers a comprehensive bookstore featuring a variety of free and paid materials, including magazines, newspapers, fiction and non-fiction books, audiobooks, and online courses. Additionally, Ookbee's payment gateway facilitates the publishing, distribution, and sale of digital publications to a global audience, fostering a vibrant ecosystem for both creators and consumers.
Sanook
Acquisition in 2016
Sanook.com, established in 1998 and based in Bangkok, Thailand, is a prominent online platform that serves as a leading internet destination for Thai users. As a subsidiary of MIH Group, which is part of the multinational media company Naspers Limited, Sanook! offers a diverse range of services, including a search engine, marketplace, entertainment, and community features. The platform provides information and news along with social networking and communication tools, catering to the varied interests of its users. Additionally, Sanook! engages in online advertising and search marketing, solidifying its presence in the digital landscape and making it a significant player in Thailand's internet ecosystem.
VNG is Vietnam’s leading Internet company. Youthful, passionate, dynamic, constantly innovating and pushing technological boundaries, they currently dominate the local market with over 20 highly popular entertainment, community and software products.