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AFG Partners

Hong Kong, Hong Kong Island

Overview

Venture capital fund investing in transformative Asian FinTechs.

Founded

2020

Deals · 12mo

4

Links

WebsiteLinkedIn

Stage focus

Seed
Series A
Series B

Geographic focus

France
Hong Kong
Indonesia
Israel
...

Sector focus

B2B
Financial Services
FinTech
Insurance
...

Investment portfolio

14rounds
NAMEDATESIZE
Baz
Jun 2026Participated
$9 MSeed
Fifth Dimension
May 2026Participated
$26 MSeries A
Adclear
Nov 2025Participated
$3 MSeed
Reflectiz
Oct 2025Participated
$22 MSeries B
Grey Market Labs
Nov 2024Participated
$8 MSeries A
Supercede
Jun 2024Participated
$15 MSeries A
Robin AI
Jan 2024Participated
$26 MSeries B
Necto
Dec 2023Participated
$8 MSeed
Sprout Solutions
May 2023Participated
$11 MSeries B
SESAMm
Mar 2023Participated
$37 MSeries B
Osome
Dec 2022Participated
$25 MSeries B
Brankas
Jan 2022Participated
$20 MSeries B
Baz
Jun 2026Participated
$9 MSeed
Fifth Dimension
May 2026Participated
$26 MSeries A
Adclear
Nov 2025Participated
$3 MSeed
Reflectiz
Oct 2025Participated
$22 MSeries B
Grey Market Labs
Nov 2024Participated
$8 MSeries A
Supercede
Jun 2024Participated
$15 MSeries A
Robin AI
Jan 2024Participated
$26 MSeries B
Necto
Dec 2023Participated
$8 MSeed
Sprout Solutions
May 2023Participated
$11 MSeries B
SESAMm
Mar 2023Participated
$37 MSeries B
Osome
Dec 2022Participated
$25 MSeries B
Brankas
Jan 2022Participated
$20 MSeries B
14
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

AFG Partners: 14 funding rounds are recorded in the selected participation categories.All available history.
AFG Partners: 14 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed03
Series A04
Series B06
Debt01

Monthly Deal Activity

AFG Partners: 14 deals are recorded across 67 months.All available history.
AFG Partners: 14 deals are recorded across 67 months. All available history
MonthDeals
Apr '211
May '210
Jun '210
Jul '210
Aug '210
Sep '211
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '231
Apr '230
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '231
Jan '241
Feb '240
Mar '240
Apr '240
May '240
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '241
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '251
Nov '251
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '261
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

AFG Partners: Fintech is the largest displayed sector by deal count (8 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

AFG Partners: Fintech is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Fintech8
Networks, Cloud & Communication5
Enterprise Software5
AI & Machine Learning5
Professional Services3
Developer Tools2
Cybersecurity & Privacy2
Data, Analytics & IT2
Marketing & Advertising1
Crypto & Blockchain1
E-Commerce & Retail1
Clean Energy & Sustainability1
Real Estate & Construction1

Deal Size Distribution

AFG Partners: 14 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

AFG Partners: 14 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M4
$10M-$25M4
$25M-$50M4
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

AFG Partners: Europe has the largest recorded deal count among the displayed regions (5 deals).All available history.

Top 7 of 7 regions; European countries are grouped as Europe.

AFG Partners: Europe has the largest recorded deal count among the displayed regions (5 deals). All available history
RegionDeals
Europe5
United States3
Singapore2
Israel1
Hong Kong1
Indonesia1
Philippines1
AFG Partners: 20 co-investors are shown, with Capri Ventures sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

AFG Partners: 20 co-investors are shown, with Capri Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Capri Ventures2
Integra Partners2
MMC Ventures2
Outward VC2
Seedcamp2
ACA Investments1
Alven1
Andreessen Horowitz1
Anthemis1
Artesian1
Avenir1
B Capital Partners1
Battery Ventures1
Beenext1
Blu Ventures1
BNP Paribas1
Boldstart Ventures1
Carlyle1
CE Innovation Capital1
CEGEE Capital1

Investment Strategy

AFG Partners: Led accounts for 0% and participating for 100% of round participation.All available history.
AFG Partners: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating14100%
AFG Partners: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
AFG Partners: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Ivan Ong

General Partner

Tim Phillipps

Specialist