Participated · Series A · Feb 2023

ION Mobility combines hardware and software with human-centred design to deliver smart electric motorbikes and energy charging and storage solutions. Led by Founder and CEO James Chan, the company launched its M1-S electric scooter in Jakarta in November 2022. The M1-S launch coincided with a broad MOU with Indonesia’s national grid operator PLN to expand charging infrastructure and pursue fast-charging research and user outreach. ION says it will invest the new funds into Indonesia to grow its local team, sales and marketing presence, supply chain networks, production tooling and manufacturing capabilities. TVS Motor Company will provide ecosystem support to help ION succeed in the Singapore and Indonesian electric two-wheeler markets. Since 2020 the company has raised over US$25.5 million in total capital.

Participated · Seed · Nov 2022

Summer International identifies influential social creators and uses social media and live-commerce data to incubate and launch beauty, skincare and wellness brands. The company was founded in Singapore in 2018 and is based in Los Angeles and South Korea, operating across the United States, South Korea, Singapore, the Philippines and Indonesia. It was launched alongside influencer-marketing firm Gushcloud International and leverages its own supply chain plus a network of live-commerce and social-commerce distributors, mainly micro-influencers in Southeast Asia. Brands are sold via e-commerce platforms, social and live-commerce channels, big-box stores, and its proprietary Summer.store social commerce network. Summer has incubated brands including Baby Face with Singaporean influencer Jamie Chua (over 1.2 million followers) and HANJAN, a wellness brand that launched at Coachella and partnered with Nicole Scherzinger. The company uses engagement, pricing and demographic data from its distribution network to inform product development and help creators launch market-fit products.

Participated · Equity · Dec 2021

AAG Ventures operates a Play-to-Earn guild and is developing P2E and Learn-to-Earn platforms that let players earn crypto while playing and learning transferable skills. The company is advancing an L2E product that rewards users for learning skills such as math and programming in a gamified format. AAG plans to launch beta versions of its P2E and L2E platforms in 2022 and to expand its guild operations globally. The guild currently includes more than 2,000 scholars across the Philippines and six other countries. Leadership includes co-founders Nelly Sutjiadi (Co-Founder and Chairwoman) and Jack Vinijtrongjit (Co-Founder and CEO). AAG states a broader goal to bring 100 million people onto the metaverse by 2030 to spread economic sufficiency.

Participated · Series A · Oct 2021

Easy Crypto is a New Zealand cryptocurrency exchange founded in 2018 by siblings Janine and Alan Grainger. The platform facilitates trading in more than 150 different cryptocurrencies. To date the company has recorded US$750 million in sales. It currently operates in South Africa, Australia, the Philippines, and Brazil. Easy Crypto plans to use new capital to expand into additional markets, notably Indonesia and Southeast Asia. The company’s core product is its crypto trading platform serving retail customers across its operating markets.

Participated · Series A · Feb 2020

Founded in June 2008 by CEO Angga Dwimas Sasongko, Visinema produces TV shows, feature films, commercials and other content and controls much of the content lifecycle from concept to distribution and monetization. The company is organized into segments including Visinema Pictures for theatrical releases, Visinema Content for streaming platforms (Netflix, iFlix, Gojek's GoPlay) and Visinema Campus, a talent development program. Its clients have included Unilever, Toyota and Honda. Visinema plans to grow its animation production by partnering with or acquiring Indonesian animation studios and aims to release its first animated feature film, Nussa, this year; Nussa began as characters developed for YouTube. The company intends to expand into more Southeast Asian markets and to target international streaming services entering Indonesia such as Amazon Prime, Disney+ and Catchplay. Financially, Visinema raised a $3.25 million Series A led by Intudo Ventures, bringing total disclosed funding to $5.25 million including an earlier seed from GDP Ventures.