Participated · Seed · Aug 2022

Nitra embeds AI agents into core business functions—payments, procurement, inventory management, scheduling, and insurance verification—giving medical practices a single system to run their back office. Its financial suite includes a Visa-powered expense card, bill pay, patient payment processing, and AI-driven accounting, while its commerce marketplace connects users to thousands of biopharma and medical-supply products through partners like McKesson and Medline. Recently the company added a voice-AI patient management module that handles appointment scheduling and insurance eligibility checks. In 2025 the platform’s annualized revenue jumped from $4 million to more than $33 million on 740 percent growth, and it surpassed $1 billion in annualized processing volume across thousands of doctors in over 700 clinics. December 2025 saw a single-day record of roughly $9 million in purchases. Management expects to serve 3,000+ clinics, top $150 million in annualized revenue, and exceed $4 billion in processing volume during 2026. Founded in 2024 by CEO Tim Hwang and President Jonathan Chen, Nitra plans to expand headcount from about 50 to over 200 and roll out new AI modules for revenue-cycle management, patient marketing, payroll, and staffing.

Participated · Series A · Oct 2021

Cerecin focuses on creating therapeutics that address the metabolic basis of central nervous system diseases. Its lead candidate, CER-0001, is being evaluated in clinical studies for migraine prevention and infantile spasms, with plans for a pivotal Alzheimer’s disease trial. The company recently completed enrollment of the 83-patient RELIEF pilot migraine study and is expanding its infantile spasms trial sites in Australia and Singapore. Proceeds from recent financings are earmarked to advance these programs and to broaden Cerecin’s pipeline of lipid-based neurotherapeutics. Cerecin benefits from strategic backing by Nestlé S.A. and Wilmar International, along with a network of Korean institutional investors. Although no revenue figures have been disclosed, the firm closed a USD $40 million Series II/IIA round in late 2021 and continues to secure follow-on capital to reach upcoming clinical inflection points.

Participated · Equity · Apr 2021

한국신용데이터 provides payment rails and POS solutions targeted at small-business owners and has built capabilities considered essential for its merchant customers. Over the past two years the company steadily raised more than ₩2,000억 and completed a Series D totaling ₩2,400억. Management says it invested aggressively in payment infrastructure, POS solutions, and talent acquisition, expanding headcount by more than 2x. Those moves supported rapid commercial growth: the company reports growing revenue more than 20-fold. The firm emphasizes continued customer focus and cautious execution, noting plans to keep helping merchant customers through the coming second half. The company framed its fundraising and operational choices as deliberate investments made while other firms pulled back. Korea Credit Data offers a bookkeeping super app for small and mid-sized enterprises called Cash Note (launched 2017) that aggregates cash flow, credit card sales, expenditure, sales ledgers and policy information. The company has added SME-focused lending services that connect merchants to working capital loan programs. KCD claims more than 1.7 million registered merchants and has grown its app into a widely used platform among small business owners. The startup has made strategic acquisitions including ImU (POS) and Persona (government subsidy alerts), and it has announced the acquisition of Fiserv Korea as part of a partnership. KCD plans to use the new capital to expand its 230-person team and pursue additional acquisitions. Financially, the company has raised about $112 million since its 2016 founding and its Series D has reached roughly $70 million after the latest extension, valuing the business at about $776 million. Korea Credit Data Co., Ltd. announced a KRW 40,000,000,000 funding round that closed on April 20, 2021. The transaction included participation from Pavilion Capital Pte. Ltd., KB Financial Group, GS Holdings, Kakao Ventures, and KT Investment. Pavilion Capital invested $20,000,000 (KRW 22,345,400,000) as part of the round. The company has raised KRW 60,000,000,000 in total to date. Post-closing, the enterprise value of the company exceeded KRW 400,000,000,000.

Led · Equity · Apr 2020

Mighty Jaxx operates a Singapore-based online platform that uses blockchain technology to support trading and circulation of toys and collectibles. The company serves collectible-toy enthusiasts by providing a marketplace and flow of goods enabled by blockchain. Mighty Jaxx collaborates with local and international artists to produce art toys and also partners with lifestyle brands such as Threadless and New Balance to create designs. Its business model combines artist and brand collaborations with trading services for collectors. Recently the company completed an $11M A+ round financing. The report did not disclose operating metrics or list participating investors. Mighty Jaxx makes licensed collectible figures and has built MightyVerse, a platform that embeds technology into figures to authenticate items, store information and digital assets, and gamify the collecting experience. The platform allows collectors to unlock digital rewards and is planned to eventually include a social network for collectors. Products integrated with MightyVerse have already launched, and the company aims to ship five million units this year, with a collaboration on Toei Animation’s One Piece due within two months. Part of the new capital is earmarked to develop products from recent licensing deals with Hasbro and Nickelodeon; other existing licensing partners include Cartoon Network, Warner Brothers, DC Comics, Looney Tunes and Sesame Street. The company raised its first round last July to develop MightyVerse and faced COVID-19 manufacturing and logistics disruptions that it mitigated through alternate factories and partners like DHL, returning operations to an efficient level. Founded in 2012, Mighty Jaxx has about $4.7 million in total pre-Series A funding.

Participated · Series B · Mar 2020

Founded about a decade ago, Spinny operates a consumer-facing platform that sells roughly 13,000 used cars each month, supported by its own large reconditioning centers. The Gurugram-based company controls most of the used-car value chain, from purchase and refurbishment to direct sale, and augments supply through an auction channel that serves dealers. To deepen post-sale engagement, Spinny currently relies on third-party service shops, a gap it intends to close by acquiring car-services startup GoMechanic. Recent strategic initiatives include the acquisitions of auto publications Autocar India, Autocar Professional, and What Car? India, as well as the launch of Spinny Capital, a non-banking finance arm that offers vehicle loans. Spinny’s expansion comes amid expectations that India’s used-car market will grow from about 6 million units to 9.5 million units by 2030. The company was valued at approximately $1.8 billion after its last funding round and has previously raised around $170 million in Series F capital to scale its core operations.