Audacy Ventures
Unit 1910-1910A, 19F, Bank of America Tower, No. 12 Harcourt Road, Hong Kong, Hong Kong Island
Overview
Audacy Ventures is an investment group focused on energy transition, decarbonization and new frontier technologies advancing society on a global scale. Our mission is to drive private capital to cultivate and support companies who solve some of the most pressing environmental and social problems our world is facing. We believe in the power of deep tech and its applications to reshape industries. We partner with founders who are doing their life’s work, to commercialise and massively scale these solutions.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Investment portfolio
- FlyORO
Led · Series A · Jan 2024
FlyORO is a Singapore-based Sustainable Aviation Fuel (SAF) startup offering a modular, on-demand blending service that mixes SAF and jet fuel. Its technology lets flyers align ESG targets per flight instead of committing to fixed blend ratios or bulk purchases. The solution is space-efficient and portable, built in a 40ft form factor that can be installed at or off airport bases. This design aims to simplify the supply chain for airport fuel operators and enable more flexible SAF delivery. The company raised $1.6M in a Pre‑Series A round to accelerate ongoing projects and support international expansion. FlyORO is led by CEO Jonathan Yeo and plans initial strategic initiatives in Australia and the United States.
- Rice Robotics Limited
Participated · Series A · Jul 2023
Rice Robotics is a four-year-old Hong Kong company that builds autonomous indoor delivery robots and a line of disinfection robots. Its delivery robots carry up to 30 kg, offer internal storage of 39 x 27 x 34 cm, run for 12 hours and can recharge within one hour, navigating with SLAM. The robots have a starting market price of $9,000 and have been deployed since January 2021 delivering 7-Eleven products to SoftBank staff; Japan is now Rice’s biggest source of revenue. Rice counts clients in Japan including SoftBank, Toyota, Japan Post and Mitsui Group. The company moved production to a new 13,000-square-foot plant in Hong Kong, which increased annual production capacity from 500 to 2,000 robots. A portion of its recent funding has been deployed to scale manufacturing in Hong Kong and to push further into the Japanese market.
- H3 Dynamics
Participated · Series B · Oct 2021
H3 Dynamics is a global advanced air mobility technology company focused on decarbonizing air mobility through hydrogen-powered aircraft and drones. Its offerings include complete hydrogen drones, integrated aerial fuel-cell propulsion and refueling units, and a unified cloud SaaS that automates drone hardware and software to deliver autonomous outcomes as a service. The company sells inspection, performance monitoring, and live incident-response services across sectors and geographies (including the US, Canada, Latin America, France, Singapore, Japan, Australia, and Hong Kong). H3 Dynamics develops larger hydrogen systems and works on hydrogen aircraft integration and test flights in Toulouse, France, while producing and shipping complete hydrogen drones from Austin, Texas. The business intends to expand engineering and sales teams in Austin and Toulouse to scale production and integration work. Financially, the company closed a $26.0M Series B in October 2021 to accelerate its global mission.
Team
Toby Chan
Co-Founder & Partner
LinkedIn