Led · Series A · Jun 2026

BeeX develops autonomous underwater drones designed to perform recurrent, regulation-compliant inspections that are cheaper than conventional methods. Its drones have been deployed across Asia-Pacific and Europe to serve offshore wind, oil and gas, subsea cable operators and coastal infrastructure managers. The company also pursues defence applications, including a partnership with Singapore’s Ministry of Defence for national security uses. BeeX is headquartered in Singapore and focuses on expanding operational reach and technological capabilities to meet commercial and defence demand. The recent US$7.7 million Series A will fund fleet expansion and further capability development.

Participated · Equity · Jun 2026

Libeara provides infrastructure to issue and distribute tokenised regulated digital assets, working with financial institutions and asset managers. The company is focused on scaling institutional-grade tokenised markets and expanding across different markets. Following the US$14 million strategic round, Libeara plans to use the funding to support global expansion and to scale its tokenisation infrastructure. New investors were selected for their regional distribution and ecosystem support, which Libeara says will aid localisation efforts. Backers cited growing institutional demand for regulated infrastructure to support digital asset issuance and real-world asset tokenisation as drivers for the investment. The company expects to leverage partners to broaden access to tokenised regulated assets for more investors globally.

Led · Series A · Jun 2024

iPiD (International Payment Identity) was launched in 2021 by a team of former Swift executives and offers payee verification and identification solutions to secure and simplify global payments. Its core products include a Validate API and an all-in-one node capable of responding to and requesting IBAN verification with thousands of PSPs across Europe. The technology is designed to reduce fraud risks, lower payment failures, and improve the customer experience for cross-border and instant payments. iPiD is accelerating commercial rollout of its Verification of Payee solutions in Europe to help PSPs comply with an upcoming Verification of Payee regulation planned for October 2025. The company also plans to expand product coverage globally and develop new payments-fraud prevention products. iPiD already has a significant team presence and operations in Asia, including Southeast Asia, and intends to intensify focus there. iPiD offers a global bank account validation and proxy addressing platform designed to simplify cross-border payments, reduce failed payments and prevent fraud attempts. Founded in 2021 by Damien Dugauquier, Eddie Haddad and Geertjan van Bochove, the company is headquartered in Singapore. Its platform has grown rapidly since inception and it now has a presence in eight countries. More than 20 financial institutions across 15 countries have signalled their intent to use iPiD’s validation and addressing technology and are working with the company to evolve its products and services. iPiD’s community of prospective partners includes banks and fintechs such as Bank Sahabat Sampoerna, CIMB, GCash, YES BANK, Cashfree Payments, Wallex and others. The company appointed Alain Raes, a former SWIFT executive and payments industry expert, as Chief Commercial Officer.

Participated · Seed · Feb 2024

1Long is a Vietnam-based financial technology platform that helps users reach long-term financial objectives and democratizes wealth building by allowing investments from as little as VND 10,000. Its core products are two savings offerings, 1Safe and 1Term, which the company advertises with 6.6% annual returns and up to 9% rewards on long-term deposits. The platform removes fees on daily transfers and withdrawals to promote liquidity and lower barriers to access. Founded by a team of professionals from investment banking and Y Combinator, 1Long says it will use new capital to develop technology, expand partnerships with asset managers and financial institutions, and grow its team. The company plans to broaden its product set into bonds, stocks and real estate and to add value-added services such as tax and retirement planning. It also emphasizes community welfare by reinvesting in charitable and environmentally conscious initiatives.

Participated · Series C · Sep 2023

ELSA, founded in 2016, offers speaking lessons with personalized learning plans, test and interview preparation, and a speech analyzer to help users improve conversational skills. The company recently launched ELSA AI Tutor, a voice-based generative-AI tutor that role-plays conversations and uses speech recognition to give feedback on pronunciation, grammar, cadence and professional tone. The AI Tutor remembers users’ past performance to customize lessons and is aimed at learners who lack access to live tutors. ELSA has offices in San Francisco, Lisbon and Ho Chi Minh City. The company said it will use the new funding to support and grow its platform, expand further in Taiwan, enter the Middle East and Turkey, build on success in Japan, and increase its focus on B2B. To date ELSA has raised $60 million. ELSA is a pronunciation-focused English learning app that uses proprietary speech-recognition AI trained on accented English from millions of users to provide detailed feedback on sounds, intonation, rhythm and fluency. The app offers fine-grained correction of individual sounds and advanced prosodic coaching to help learners speak more naturally. ELSA claims more than 13 million users and was founded in 2015; it is based in San Francisco and Ho Chi Minh City. The company has partnerships with IDP (which now recommends ELSA for IELTS test preparation), language schools in Vietnam (IMAP and Speak Up), online platform YOLA, and corporate clients including Kimberly Clark, Intel and ATAD. Going forward, ELSA plans to expand operations in Latin America, Vietnam, India and Japan and to build a scalable B2B platform to offer its coaching services to companies and educational organizations. Elsa provides an AI and voice-recognition app that grades users' English speaking and pronunciation against standard American English and gives detailed feedback. The service is freemium, offering full access to 1,000 courses for roughly $3–6 per month, with new content added weekly. Elsa reports users in more than 100 countries and two million paying users in its top market, Vietnam. The company supports localized payments and a local sales team in Vietnam and has opened an office in Tokyo as part of expansion into Japan, Indonesia and India. Elsa is preparing to support additional languages (Spanish announced as next) by building voice-recognition models and collecting voice data to train them. It is also pursuing the education market by licensing the app to schools (subsidized per‑student fees) and allowing teachers to upload curriculum and track students' oral homework. ELSA provides an AI- and speech-recognition-powered app that gives personalized pronunciation feedback and coaching to English learners. Users take a five-minute assessment that builds a tailored curriculum from roughly 600 lessons and 3,000+ words; lessons are bite-sized (about two minutes) and include five progressively harder exercises. The app listens to learners, compares speech to American English targets, highlights performance (red/yellow/green) and offers corrective tips on mouth and tongue placement. Since launch the product has been adopted by a few million users in over 100 countries (about half in Southeast Asia) who practice a few million exercises per week. ELSA generates revenue via subscriptions (about $3.99/month or $29.99/year, with a quarterly option and regional price variance). Future plans include building a teacher tool to import classroom curriculum, adding new languages, developing a voice-recognition API, and hiring additional AI talent.