Participated · Series A · Sep 2024

Blackpanda provides end-to-end cyber resilience services, centered on its IR-1 product that covers the entire cyber attack lifecycle with incident response preparation, proactive Attack Surface Management, 24/7 incident response, and automated access to financial recovery. The company has integrated Blackpanda Underwriting, offering cyber insurance in partnership with Chaucer, to deliver a single solution covering before, during, and after a cyber attack. Blackpanda sells its emergency response as a fixed-cost subscription aimed at providing price-optimized, end-to-end protection to businesses. The recent funding supports the company’s goal of expanding access to affordable cyber emergency response, particularly for small and medium businesses. Singtel Innov8’s comments in the article indicate plans to grow Blackpanda’s localized, segment-focused product suite across the Asia Pacific region. Financially, Blackpanda announced a $6.7 million funding tranche that brings its Series A aggregate to $21.7 million.

Led · Seed · May 2022

Gusto Collective is a BrandTech holding company led by CEO Aaron Lau that combines technology and branding to create immersive customer experiences in AR, the metaverse and NFTs. The company develops AR applications and Web3 products through its operating businesses and partnerships. Notable collaborations include a 5G AR experience with Hong Kong wireless operator CSL, a real-time generative data art project with Phillips Auctioneers, and AR installations for Pixar Fest in Harbour City mall. With this strategic focus, the company is prioritizing geographic expansion into other parts of Asia, development of Web3 services and products, and creation of recurring-revenue offerings. Financially, Gusto Collective completed an $11M Seed Plus round and has raised $23M in cumulative external funding since launching in 2020.

Led · Series A · Jun 2020

Propzy, founded in 2016, operates an offline-to-online real estate platform that combines brick-and-mortar sales centers with an online marketplace, mortgage products and enterprise software for property managers and tenants. Founder and CEO John Le describes the business as "firetech" (financial, insurance and real estate technology), and the company pre-screens tens of thousands of properties via its sales centers. Most operations are in Ho Chi Minh City; Propzy plans to expand into Hanoi through the rest of this year and 2021 and later explore Thailand, Malaysia and the Philippines. The company currently runs 30 sales centers with 400 sales staff and expects to grow to 70 centers and 1,300 staff within 18 months. Since launch it has handled more than $1 billion in property transactions. Propzy built an automated valuation model used for pricing and to help partner banks pre-approve loans, and after move-in offers tenant software for maintenance and resale or rental listing. The pandemic caused a 70% reduction in business during the April lockdown, but Propzy reports an all-time high pipeline of deals—three times its fourth-quarter average.

Participated · Series A · Apr 2020

SensorFlow provides a smart building management solution that leverages wireless sensors to collect real-time data from within rooms for large-chain hotels, commercial properties and industrial spaces. Its platform delivers insights to automate decision-making and optimize energy efficiency, productivity and sustainability. The company has signed several clients across Southeast Asia including Dorsett Hospitality International, Hyatt, The Ascott Limited and Accor. SensorFlow is led by CEO Saikrishnan Ranganathan and is based in Singapore. It raised an additional $8.3M in Series A funding and had previously secured $2.7M in Series A last year. The company intends to use the new funds to continue to expand operations and broaden its business reach.

Led · Equity · Apr 2019

Founded in 2018 from the merger of Penguin Doctor and Almond Doctor, Penguin Almond combines online telemedicine with an expanding network of offline clinics and day-surgery centers. The platform leverages Tencent’s traffic, data, and technology and claims about 440,000 online active certified doctors, nearly 50 offline clinics/day-surgery centers, and roughly 10 million users. It connects more than 30,000 hospitals and offers services including online consultation, a health marketplace, general practice, family doctor services, referrals, and testing. Management says it has developed mature operational processes for clinic site selection, construction, licensing, physician training, and marketing. The company plans rapid nationwide expansion of offline medical institutions and deeper cooperation with upstream and downstream medical partners to consolidate its leadership in internet-enabled clinic chains.