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The Venture Codex

Ion Pacific

1508 Eastern Harbour Centre, 28 Hoi Chak Street, Quarry Bay, Hong Kong Island, 00000, Hong Kong

Overview

Ion Pacific invests creative capital in the technology sector to galvanize opportunities, connect markets and tackle the challenges of building a great business. As the technology sector has grown and matured, venture capital LPs, GPs, corporate venture capital funds and technology companies face new challenges that require creative capital solutions. Ion Pacific has a blindpool venture capital structured secondaries fund. Ion Pacific was founded in 2015 and has offices in Hong Kong, New York City and Europe

Total investments
4
Lead investments
3
Investments · 12mo
2
Active investors
4

Sector focus

  • Venture Capital
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Investment portfolio

  • Moove

    Led · Series C · Aug 2026

    Founded in 2020 in Nigeria and now headquartered in Dubai, Moove started as a vehicle-financing startup and expanded into ride-hailing and deliveries in Africa before moving into autonomous vehicle operations in 2023. The company currently owns and operates a 42,000-vehicle human-driven ride-hailing fleet across 14 countries and employs about 3,300 people globally while continuing to provide vehicle financing to gig drivers. Moove serves as the fleet operator for Waymo in Phoenix, Miami and Las Vegas and plans future operations in London; it also already owns robotaxi vehicles from another AV developer. The firm intends to acquire robotaxis via debt financing and aims to scale to potentially hundreds of thousands of vehicles over time. Moove is investing in automated depots called Nests to enable around-the-clock, robotics-assisted charging, maintenance and servicing, and expects its traditional mobility business to achieve full profitability this year.

  • Dapple

    Led · Seed · Jun 2026

    Dapple offers the Enterprise OS Cloud, an operating system layer that aggregates fragmented AI infrastructure into dedicated, single-tenant, in-country deployments for enterprises. The infrastructure is live and carrying production AI workloads globally, and the company reported more than $100 million in customer contracts within five months of launch. Dapple positions its product as an alternative to building in-house, using hyperscalers, or renting raw compute without enterprise controls. Founders Tricia Martinez and Salam Al-Mosawi lead the company; their teams have collectively deployed over 300,000 accelerators across enterprise and hyperscaler environments. The company plans to use recent seed funding to accelerate global deployments and expand the Enterprise OS Cloud category. Current public disclosures do not include revenue, valuation, or prior funding details.

  • UJET

    Participated · Series D · Sep 2024

    UJET provides an AI-powered, mobile-first cloud contact center platform that emphasizes multimodal omnichannel CX, real-time generative AI, and a CRM-first, cloud-native architecture. Its product integrates CCaaS, workforce management, and analytics to enable hyper-personalized customer journeys and agent assistance. UJET highlights a mobile-centric approach and APIs that surface unstructured, high-bandwidth assets for real-time customer understanding, and it cites a Google Cloud partnership to accelerate AI feature integration. The company says its platform avoids storing PII while delivering scalability and security. Recent leadership changes include promoting Vasili Triant to Co-CEO while founding CEO Anand Janefalkar focuses on product and engineering. The business plans to use new capital to accelerate generative AI development, expand go-to-market efforts, and grow its team. UJET provides cloud contact center solutions designed to enable omnichannel, smartphone-centric customer support and intelligent workflows. The company emphasizes scale and security while helping organizations automate contact center processes and make data actionable. UJET counts enterprise customers including Google, Instacart, Green Dot, and iZettle. The new funding is intended to expand sales and marketing teams domestically and internationally and to scale the platform with new products and features. Over the past 12 months UJET’s total number of licenses increased by 400%. Following this round UJET has raised just over $100 million to date. UJET builds software that lets customers reach support agents via a smartphone app, the web, or by phone while giving equal priority and consistent context across channels. Agents receive prepopulated customer data (device type, battery life, location, device ID) to speed troubleshooting and reduce basic questioning. The platform supports identity verification via fingerprint, passcodes and Apple’s Touch ID and Face ID and holds SOC 2 Type 2 and HIPAA certifications. UJET says its tools can materially lower support costs; it cites SpotHero as having halved telephone expenses and cut agent training costs. Customers include SpotHero, Blink and Ring. The San Francisco-based company will use the new capital to scale its business, open a New York office next month and establish an EU headquarters in the second quarter. The company has raised more than $45 million to date, including the new Series B.

  • Catalia Health

    Led · Series A · Nov 2017

    Catalia Health is a San Francisco–based patient care management company founded in 2014 that offers an AI-powered personal healthcare companion called Mabu. The platform combines artificial intelligence, psychology and medical best practices to support patients managing chronic illnesses and to deliver daily, tailored check-ins. Mabu is deployed to help patients with conditions such as rheumatoid arthritis, late-stage kidney disease and congestive heart failure and to provide clinicians insight on adherence and patient status. Catalia positions its technology against a U.S. population of roughly 117 million people managing chronic conditions and targets improved medication adherence, symptom management and reduced readmissions. The company announced a hire for Director of Product Management to oversee the platform roadmap as it prepares clinical and commercial rollout. Catalia Health provides an AI-powered patient engagement platform that pairs proprietary conversation-generation algorithms with a social robot, Mabu, to engage patients, collect data, and support care management. The platform targets chronic-disease management and medication adherence, aiming to improve symptom management and reduce hospital readmissions. Catalia plans to build and deploy its care management system across its first three disease states and begin patient rollout in its first two disease states in early summer 2017. The company emphasizes scalable, personalized conversations to increase adherence and monitor patient health. Catalia was founded in 2014 and is based in San Francisco; Dr. Cory Kidd is CEO and founder. Financially, the company has completed a seed extension following an earlier seed round to fund product deployment and data collection. Catalia Health develops Mabu, a social robot designed to provide information and support for patients with chronic diseases such as diabetes, arthritis, cancer and heart disease. The company is pitching Mabu to healthcare providers and pharmaceutical companies to augment doctors and help manage large patient populations. Catalia has an alpha prototype in its offices and plans to scale production and deployment. The firm expects to have the first robots on the market by the end of the year and is already in discussions with several early potential customers. Founded by Cory Kidd using work that began at MIT’s Media Lab and evolved through his prior company Intuitive Automata, Catalia is positioning Mabu around engagement and the psychology of interaction. The company will use the recent financing to scale up its business.

Team