Participated · Series B · Apr 2024

Kamereo is an online marketplace that enables farmers and food and beverage businesses to trade and source fresh supplies. The company is led by CEO and Founder Taku Tanaka. Its platform aims to help users optimize purchasing and sourcing processes. Kamereo raised $2.1M in funding to support its growth. The company plans to use the proceeds to expand operations and broaden its business reach across Vietnam and abroad. Its immediate international expansion target is Cambodia. Kamereo is a B2B platform with its own warehouse and last-mile delivery network that negotiates with suppliers, processes orders, and fulfills deliveries for restaurants and other F&B businesses. Founded in 2018 and based in Ho Chi Minh City, it works with about 15 farmers and serves more than 400 active customers, from family-owned restaurants to chains. The company has about 100 employees and reports 15% month-over-month growth over the last 12 months despite COVID-19 disruptions. Most last-mile deliveries are done by motorbikes; Kamereo operates its own logistics because it says this is cheaper than third-party providers and plans to expand a micro-warehouse network in Ho Chi Minh City to reduce travel distances. Its tech team is building an internal warehouse management, inventory, fulfillment, and last-mile delivery system aimed at minimizing variable costs. The newly raised capital will be used for hiring, building a new warehouse management system, user interface upgrades, and expansion into Hanoi next year. KAMEREO operates a B2B purchasing and sourcing platform that connects restaurants with suppliers in Vietnam. The company focuses on simplifying purchasing and sourcing workflows for restaurant customers. According to an official statement, KAMEREO raised $500,000 in a seed round. The seed funding came from Japan’s Genesia Ventures and homegrown VC Velocity Ventures Vietnam (VVV). The article did not disclose operating metrics, prior funding rounds, or a founding year. No specific product road map or future plans were detailed in the article.

Led · Series A · May 2023

HOMA2u operates an online marketplace for new and overstock materials used in interior design and renovation. The company centers sustainability in its business model, tracking carbon reductions from repurposing overstock materials and planning to work with regionally certified environmental consultants to quantify supply-chain impact. It reports that each sale of overstock tiles saves roughly 16.42 kg of CO2 per m² and has set a goal to cut 7.5 million kilograms of carbon emissions by the end of 2024. HOMA2u plans to establish industry standards and issue green certificates to partner businesses to ensure transparent carbon accounting. To date the platform has served over 8,000 homes and moved more than MYR20 million (about $4.24 million) in overstock inventories. The company raised an additional $625,000 in its pre-Series A and plans to use the funding to support regional expansion and scale its environmental measurement efforts. HOMA2U is a Malaysia-based startup that operates a marketplace for renovation and interior design materials. The company aims to develop its product offerings and promote a circular economy within the renovation and interior design industry. It plans to use new capital to expand its regional footprint and capitalisation value and to open 18 Yellow Boxes, unmanned interior product showrooms, across Malaysia and Singapore. HOMA2U expects to grow its business threefold and aims to establish its first Yellow Box in Singapore as early as Q3 2023. The startup previously raised 2.4 million Malaysian ringgit in 2021 from Warisan Quantum Management and ScaleUp Malaysia (with Quest Ventures Pte Ltd as investment partner) and was recognised as a top 10 startup in Cohort 2 of the ScaleUp Malaysia Accelerator programme.

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 · Series A · Jun 2022

Populix is a technology-driven consumer insights platform founded in January 2018 that provides quantitative and qualitative research and data collection for businesses, institutions, and individuals. The company maintains a pool of over 300,000 verified, targeted respondents across Indonesia and has worked with more than 1,500 clients since 2020, including Fortune Global 500 companies, governments, major conglomerates, SMEs, academics, and individuals. Its Poplite product is a pay-per-use SaaS research platform that lets users build surveys from templates or from scratch and target respondents by demographic. Populix plans product upgrades including Survey Builder 2.0 in Q3 2022 and a Millennial-focused dataset in Q4 2022, plus new niche subpanels (e.g., car-owners, working professionals). The company intends to use recent funding to digitize the entire data collection process, optimize existing products, release new services, and recruit product and engineering talent. It also aims to initiate regional expansion into neighboring Southeast Asian countries by 2023, building off its dominant position in Indonesia and focusing on the Poplite line. Populix operates a respondent app that engages users with daily polls, games and news in exchange for incentives, and enables companies to run short surveys to longitudinal studies. The app has 250,000 users across 300 Indonesian cities and the company signed 52 new enterprise clients in 10 countries. Its revenue grew five times in 2020 as the pandemic shifted research online and customers ranged from tech startups to multinational conglomerates. Populix is developing a self-service product called Paket Hemat Populix (PHP) for SMEs and university researchers to run and monitor surveys in real time. It is also building new products to track market movements using OCR to scan e-commerce invoices; its data classification system recognizes over 73% of items on invoices. The company was founded in January 2018 and is led by co-founders CEO Timothy Astandu, COO Eileen Kamtawijoyo and CTO Jonathan Benhi, and plans to focus on Indonesia before expanding to markets like the Philippines and Vietnam after a Series A. Populix is an Indonesian consumer insights platform. The company has closed a $1-million seed funding round. The seed was led by Intudo Ventures. Gobi Agung and Pegasus Tech Ventures also participated in the round. The article did not disclose additional operational or financial metrics.

Participated · Series A · May 2022

Glife operates an app and website that enable food and beverage businesses to buy, manage and track their orders. The company was founded in 2018 by Justin Chou, who is also executive director of plant-based supplier Growthwell and co-founder of Greendot. Glife recently completed a Series A extension, signaling ongoing fundraising activity. The startup has pursued regional expansion through M&A and investments, acquiring a controlling stake in Bali-based PanenID and Malaysia’s Yolek, and investing in Vietnamese agritech supply-chain startup Koina. Financially, filings show Glife secured S$4 million (about $2.88 million) in the Series A extension and had previously raised a total of $10.34 million prior to this round. The company is headquartered in Singapore and continues to engage strategic investors and partners in the region. Glife operates a marketplace connecting over 1,000 farmers with about 900 F&B merchants and offers software for logistics, inventory, and other restaurant operations. The company launched in 2017 and is headquartered in Singapore. Its core product combines direct farm-to-merchant commerce with enterprise software tools for restaurants, cafes, and hotels. Glife plans to expand into Malaysia and Indonesia in Q1 2022 and is investing in AI and data analytics to improve its tech-enabled supply chain distribution model. The startup also intends to deepen its F&B software capabilities via a strategic investment in Novitee, an enterprise software platform for the industry. Earlier backers include Global Founders Capital and 500 Startups.