The Venture Codex Logo

The Venture Codex

Chinachem Group

35-38/F, Nina Tower, 8 Yeung Uk Road, Tsuen Wan, New Territories, Hong Kong

Overview

Chinachem Group is a real estate management company that deals in property development and management services.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
2

Sector focus

  • Property Development
  • Property Management
  • Real Estate
Visit website

Investment portfolio

  • FreeD Group

    Participated · Series B · Jul 2022

    FreeD Group develops AI-driven chatbots, recommendation engines and Hybrid SaaS digital merchandising solutions for enterprise customers, including Samsung Electronics, Marriott International, Tencent, Singapore Telecommunications and China Mobile. Founded in 2015, the company combines AI, big data and machine learning to provide end-to-end AI digital transformation, smart merchandising and smart marketing services. FreeD has won multiple awards, including the 2021 Deloitte Technology Rising Star Award and the 2021 UNWTO Global Start-up Competition. It employs nearly 170 staff across 12 offices globally. The company’s software helps clients manage sales and marketing through customer-interaction and recommendation tools. In June 2022 FreeD completed a $15.0M Series B round to support growth and geographic expansion.

  • Zeek

    Participated · Series A · Dec 2020

    Zeek offers data-driven intelligent logistics and O2O last-mile delivery solutions across F&B, lifestyle and FMCG verticals, with products including Zeek F&B Delivery, ZeekDash (Point-to-Point O2O) and Zeek2Door (e‑commerce parcels). The company provides online order management, delivery capacity management, big data analytics and O2O operations enhancement to global top-five F&B brands, fast-food chains, supermarkets, department stores, convenience store chains and online platforms. Founded in Hong Kong by Kin Shun Information Technology Limited in 2017, Zeek has expanded into Singapore, Thailand, Vietnam and Malaysia and planned entry to Taiwan, the Philippines and Indonesia in 2021. Operational metrics cited include handling over three million delivery orders in the first three quarters of 2020 (100% YoY growth) and a 50% increase in manpower to meet demand. Zeek reported revenue exceeding US$28 million in 2020 and estimated at least 100% growth in 2021. The company plans to use new funding to expand across Southeast Asia, enhance its logistics management technology and data analytics applications, extend intelligent logistics to more industries, and pursue strategic partnerships or M&A to accelerate growth.

Team

  • Wang Din Sin

    Founder

  • Hung-Han Wong

    Group Chief Operating Officer

    LinkedIn