• Pi-xcels

  Participated · Seed · Aug 2023

  Pi-xcels develops an NFC-enabled POS device that issues interactive e-receipts via a contactless smartphone tap without app downloads, QR scans, or personal information sharing. The interactive receipts act as gateways to omni-channel marketing while supplying retailers with real-time, comprehensive transaction intelligence and data-driven insights. The solution also simplifies compilation of e-receipts for official claims via a single sign-on, reducing paper waste and cluttered wallets. Pi-xcels has partnered with payment terminal company Ingenico and reports rising interest from major corporations in the Asia‑Pacific region, evidenced by non-disclosure agreements. The company plans to use new funding to expand its footprint in Europe and to drive projects in Japan and Southeast Asia, while strengthening R&D and its engineering team. Pi-xcels has also received the Tokyo Metropolitan Government Green Finance Subsidy Grant and was accepted into the Visa Accelerator program, supporting its sustainability and market traction efforts.

• Friz

  Participated · Seed · Oct 2021

  Friz, launched in April 2020, is a neobank focused on freelancers and knowledge‑economy workers. It uses data insights to provide tailored financial products including customised debit cards, credit cards, personal loans, insurance, savings, and investment products. The app lets freelancers track earnings, spending, savings, and borrowings in one place. Friz says it has achieved 500% month‑over‑month growth since launch and reports organic adoption among digital marketers, content creators, programmers, accountants, and attorneys. The company positions itself as addressing gaps in traditional consumer banking that exclude many non‑salaried freelancers. Friz intends to build its neobank in collaboration with partners such as Matchmove, Mastercard, and Funding Societies.

• Verihubs

  Participated · Seed · Sep 2021

  Verihubs offers an AI-driven identity authentication platform and APIs that enable rapid KYC, phone-number verification via SMS/WhatsApp/flash calls, and verification of customers' financial data. Its system prompts new users to submit a selfie and government ID, compares the images with computer-vision models, and cross-references IDs with telecom credit scores and Indonesian government databases, including criminal records. The product is used by banks, fintechs, e-commerce, rental marketplaces and hospitality clients. Verihubs currently serves 46 customers, including major banks, fintechs and a hotel, and says it is on track to reach 100 customers soon. The company plans to build its own credit scores using transaction and account-balance data and to expand beyond Indonesia into other Southeast Asian markets such as the Philippines and Vietnam. Verihubs is focused on consolidating financial data for both banked and unbanked users through partnerships with firms like Payfazz and BukuWarung.

• Pasarnow

  Participated · Equity · Sep 2021

  PasarNow operates an online grocery platform that prioritizes fresh food supply‑chain simplification and sells fresh products through multi‑channel touchpoints to both B2B and B2C customers. The company pivoted and rebranded from social commerce JamanNow to PasarNow in 2021 after a $3.3M funding round led by East Ventures. Its stated focus is offering higher‑quality fresh food and streamlining sourcing and distribution. The app is currently available only in the Jabodetabek area (though the company previously opened in parts of West Java) and the Android app appears underutilized, with mobile web as an alternative channel. PasarNow competes with local players such as Sayurbox, Titipku, and Segari. The company has faced the broader online grocery challenge of softening post‑pandemic penetration despite prior funding activity. Pasarnow operates a multi-channel e-grocery platform that integrates B2B and B2C ordering into a single mobile app and uses a data-driven backend for demand forecasting. The company connects over 1,000 farmers and suppliers to consumers and segment-specific channels with distinct pricing and incentives. Pasarnow focuses on fresh and frozen produce delivery with temperature-controlled, fast last-mile logistics and has invested in technology and operational infrastructure to reduce waste and ensure freshness. It currently operates in Greater Jakarta and Bandung, runs about 10 hubs around Greater Jakarta, and employs over 100 full-time staff plus roughly 200 daily workers and driver-partners. The business reported a 400% increase in B2C orders and doubled its monthly income following a shift in customer behavior during the COVID-19 pandemic. Planned uses of new funding include regional expansion, hiring, improving data and technical infrastructure, and building frontline micro-warehouse hubs to enable rapid delivery.

• Hypefast

  Participated · Series A · Jul 2021

  Hypefast invests in and acquires digital and e‑commerce native brands and provides capital plus operational support to scale them. The company supports portfolio brands with marketing, production, operations and data analytics. It reports managing more than 20 brands and over 150 teams across Southeast Asia. Hypefast says it has been profitable since its first year of operations. Example portfolio companies include Boonles and NOORE Sport Hijab. The company clarified that it acquires “Digital & E‑commerce Native Brands” (not generically "Direct to Consumer").

No current team members are available.