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The Venture Codex

CDIB

No. 135, Dunhua N. Rd., Taipei City, Songshan Dist., 10548, Taiwan

Overview

CDIB-Innolux is a private equity growth and expansion investment firm managed by CDIB Capital Group.

Total investments
7
Lead investments
1
Investments · 12mo
1
Active investors
1
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Investment portfolio

  • Omni Design Technologies

    Participated · Series A · Sep 2025

    Founded in 2015 and headquartered in Milpitas, California, Omni Design Technologies provides Wideband Signal Processing solutions that convert and process real-world signals in real time with industry-leading accuracy and energy efficiency. Its patented data converters and integrated signal-processing technology have been adopted by multiple tier-one customers across networking, wireless communications, autonomous vehicles, satellite links and AI infrastructure. The company leverages advanced manufacturing nodes to combine highest-performance conversion with built-in intelligence, positioning it as a critical enabler of the AI-driven data explosion. Omni Design operates five additional design centers worldwide and emphasizes close collaboration with customers to address next-generation design challenges. Management reports “strong momentum” and plans to accelerate its product roadmap to meet growing demand. Financially, the firm has secured an oversubscribed Series A round of more than $35 million, giving it fresh capital to expand both engineering capacity and market reach.

  • Visual Bank

    Participated · Series B · Aug 2025

    Visual Bank positions itself as an "IP x AI Enabler," combining rights-cleared visual content and AI to support creators and the IP industry. Its core products include Visual Library (the inherited Amana Image stock-photo business), Qlean Dataset (rights-cleared AI training datasets), and THE PEN, an AI-assisted tool for manga creators run via a subsidiary. The company leads a government-supported GENIAC project with Japan's METI and NEDO to build a next-generation data library tailored to the domestic IP sector. Visual Bank plans to use new funds to accelerate THE PEN product development, expand IP×AI services derived from the data library, pursue strategic M&A, and recruit core talent. Financially, it completed a Series B equity round of approximately ¥1.1 billion; the company was founded in April 2022 after acquiring Amana Image and previously executed fundraising totalling ¥2.1 billion at founding. Visual Bank leverages rights-processing, data-structuring, and large-scale data management capabilities to enable coexistence between IP holders and AI.

  • TXOne Networks

    Participated · Series B · May 2024

    TXOne Networks develops cybersecurity solutions to ensure the reliability and safety of industrial control systems and operational technology environments. The company offers both network-based and endpoint-based products to secure OT networks and mission-critical devices using a real-time, defense-in-depth approach. TXOne works with leading manufacturers and critical infrastructure operators to deliver operations-friendly cyber defense, including advanced threat detection and response to counter ransomware and other emergent strategic threats. TXOne secures the operations of more than 3,600 organizations globally across industries including semiconductors, automotive, pharmaceutical, food and beverage, public transportation, utilities, electronics, healthcare, mining and metals, oil and gas, and aerospace. In April 2024 TXOne announced the SageOne central management console to manage the CPS attack surface across OT, combining advanced technologies with a user-friendly interface and enabling integrated lifecycle protection. The company recently raised $51 million in a Series B extension, reflecting investor confidence in continued product and platform development. TXOne Networks, headquartered in Irving, Texas and Taipei, Taiwan, is a global leader in IIoT and OT cybersecurity. The company positions itself as a pioneer of an "OT zero trust" approach and offers both network-based and endpoint-based products to secure industrial control systems in real time. TXOne serves large enterprises, international conglomerates and upstream‑to‑downstream supply chains across sectors including semiconductor, medical and pharmaceutical, automobile, aerospace, smart manufacturing, food processing, public transportation and critical electric infrastructure. The firm was recognized by CRN as a 2022 Emerging Vendor in Security. Strong market demand contributed to a 107% year‑over‑year revenue increase in the first half of 2022; employment in Europe and the U.S. rose 67%, and total staff in Asia, Europe and the U.S. is expected to double by year‑end. TXOne plans to expand its global market presence and recruit talent to grow its OT zero‑trust cybersecurity platform. TXOne Networks develops cybersecurity solutions specifically for industrial control systems and the Industrial IoT. The company is a joint venture of Trend Micro and Moxa and is led by CEO Dr. Terence Liu. TXOne focuses on simplifying complex, fast-changing cybersecurity challenges encountered during digital transformation and on perfecting defense solutions for the ICS industry. The firm plans to use new funding to refine its ICS security products, expand business in certain regions, and strengthen marketing and after-sales service teams. Financially, TXOne has raised $23.7m since its founding and recently completed a Series A financing. It operates from Taipei and targets organizations undergoing industrial digital transformation.

  • InstaDeep

    Led · Series B · Jan 2022

    InstaDeep develops reinforcement-learning and advanced machine learning platforms to solve complex optimization problems for enterprises, from container routing to train scheduling and drug design. The company is headquartered in London with offices in Paris, Tunis, Lagos, Dubai and Cape Town and was founded in 2014. InstaDeep has over 170 employees, more than 130 of whom work in AI research, engineering, ML and DevOps, with roughly half the team based in African offices. Its product work includes a moonshot railway-scheduling project with Deutsche Bahn and an early warning system that detected high-risk SARS-CoV-2 variants ahead of WHO designations. InstaDeep has collaborated closely with BioNTech, Google (including DeepMind and Google Research) and others on applied AI projects. With the new funding the company plans to accelerate product launches across biotech, logistics, transportation and electronics, advance its computing infrastructure, expand into the U.S. and hire more talent. InstaDeep builds an AI-based enterprise decision-making platform that leverages deep reinforcement learning, machine learning, and predictive analytics to optimize decisions and improve ROI across manufacturing, logistics, mobility, and energy. The company says its platform can tackle challenging optimisation and automation problems in dynamic, complex environments and is already providing measurable value to clients. InstaDeep was founded in Tunisia in 2014 and is now London-based; it was one of the first African-founded AI firms to publish original research at NeurIPS in 2018. The startup has seen steady growth and has developed the platform through its own cutting-edge research. With its latest funding and a strategic partnership with AfricInvest, InstaDeep aims to expand advanced AI opportunities and talent development in Africa and beyond. Management highlights plans to democratise machine learning in Africa and leverage AfricInvest’s operational expertise to accelerate R&D and talent programs.

  • FunNow

    Participated · Series A · Aug 2018

    FunNow is an instant-booking app for spontaneous users to reserve last-minute activities and services such as restaurants, manicures, haircuts, massages, and short hotel stays. The Taipei-based startup operates in Taiwan (its biggest market), Hong Kong, Japan and Malaysia and maintains local teams in some markets. During the COVID-19 pandemic FunNow adapted its product by adding takeaway bookings and daytime hotel options (four, six or 12-hour stays), and it expanded Malaysian operations via the acquisition of Kuala Lumpur-based TABLEAPP. Revenue in Taiwan declined sharply during lockdowns but has recovered to about 80% of pre-pandemic performance. FunNow plans to add more categories (night clubs, karaoke bars, catering) and enter new countries, including Thailand and Singapore. The company emphasizes daily-life, instant reservations to differentiate from travel-focused competitors that have shifted into staycation and local booking markets. FunNow operates an instant-booking platform focused on locals rather than tourists, offering last-minute hotel rooms, restaurants, massages, spa services and events. The company says it has 500,000 members, 3,000 vendors and over 20,000 activities and services available daily. User engagement metrics are high: 70% of monthly GMV comes from repeat customers, about 60% of people make another booking within 30 days, and roughly 80% of bookings are for the next hour. FunNow uses a patented algorithm to show real-time availability (search results update in under 0.1 seconds) and syncs with merchant databases to prevent overbooking. The platform screens vendors and will delist businesses that rate below 3.5 stars. FunNow launched in November 2015 and plans expansion into Southeast Asian and Japanese cities including Hong Kong, Okinawa, Kuala Lumpur, Bangkok, Osaka and Tokyo, and expects revenue of $16 million in 2018 (three times 2017).

Team