Participated · Series B · Jul 2022

FreeD Group develops AI-driven chatbots, recommendation engines and Hybrid SaaS digital merchandising solutions for enterprise customers, including Samsung Electronics, Marriott International, Tencent, Singapore Telecommunications and China Mobile. Founded in 2015, the company combines AI, big data and machine learning to provide end-to-end AI digital transformation, smart merchandising and smart marketing services. FreeD has won multiple awards, including the 2021 Deloitte Technology Rising Star Award and the 2021 UNWTO Global Start-up Competition. It employs nearly 170 staff across 12 offices globally. The company’s software helps clients manage sales and marketing through customer-interaction and recommendation tools. In June 2022 FreeD completed a $15.0M Series B round to support growth and geographic expansion.

Participated · Equity · Oct 2021

Hex Trust is a Hong Kong-based provider of digital asset custody services founded in 2018. The company is known for its proprietary bank-grade platform, Hex Safe, which delivers decentralized finance and prime trading solutions to financial enterprises, digital-asset firms, and other organisations. Hex Trust was founded by Alessio Quaglini, Marc Amez-Droz, and Rafal Czerniawski. According to reports, the company raised $88 million in a Series B round that increased its capitalization to $300 million. The articles do not disclose revenue or user metrics. Hex Trust operates Hex Safe, a licensed custody platform for crypto assets. The company recently secured $10 million in fresh funding to bolster market infrastructure and security frameworks for Hex Safe. The round was led by Animoca Brands with participation from several crypto and institutional investors. Hex Trust said the capital will fund expansion in Singapore and Vietnam and establish a footprint in Europe and the Middle East. The custodian also noted it recently obtained a license to provide custodial services from the Monetary Authority of Singapore under the Securities and Futures Act. Investors from Hex Trust's March $6 million Series A also took part in the latest investment. Hex Trust operates a bank-grade custody solution, Hex Safe™, providing custody and treasury management services for virtual currencies, security tokens and NFTs. The company said a strategic investment from Cyberport will enable it to scale operations and recruit talent across Hong Kong and wider Asian markets. Hex Trust plans to enhance its licensing framework to address growing institutional demand for digital assets in Asia and to expand operations into European markets through a partnership with SIA. Management emphasized staying focused on improving Hex Safe™ and on enabling digital-asset adoption by regulated financial institutions and banking platforms. Prior to the Cyberport investment, Hex Trust completed a March 2021 Series A, raising $6 million in capital from a group of investors. Cyberport is managed by the Hong Kong SAR Government and is Hong Kong’s largest tech hub, which Cyberport says helped attract co-investments from professional investors into Hex Trust. Hex Trust is a Hong Kong-based digital asset custody service provider founded in 2018. The company helps banks, financial institutions, and corporates maximize digital asset management. In March 2021 it launched a secure way of storing non-fungible tokens. Hex Trust recently completed a $6 million Series A round led by fintech-focused QBN Capital with participation from multiple crypto and venture investors. Proceeds will be used to advance its Hex Safe offering, establish a compliance section, and recruit talent. The company plans hiring in Hong Kong and Singapore to support these initiatives.

Participated · Series A · Dec 2020

Zeek offers data-driven intelligent logistics and O2O last-mile delivery solutions across F&B, lifestyle and FMCG verticals, with products including Zeek F&B Delivery, ZeekDash (Point-to-Point O2O) and Zeek2Door (e‑commerce parcels). The company provides online order management, delivery capacity management, big data analytics and O2O operations enhancement to global top-five F&B brands, fast-food chains, supermarkets, department stores, convenience store chains and online platforms. Founded in Hong Kong by Kin Shun Information Technology Limited in 2017, Zeek has expanded into Singapore, Thailand, Vietnam and Malaysia and planned entry to Taiwan, the Philippines and Indonesia in 2021. Operational metrics cited include handling over three million delivery orders in the first three quarters of 2020 (100% YoY growth) and a 50% increase in manpower to meet demand. Zeek reported revenue exceeding US$28 million in 2020 and estimated at least 100% growth in 2021. The company plans to use new funding to expand across Southeast Asia, enhance its logistics management technology and data analytics applications, extend intelligent logistics to more industries, and pursue strategic partnerships or M&A to accelerate growth.

Participated · Equity · Jun 2018

TinyTap operates a code-free authoring platform and the world’s largest educational games library, with more than 250,000 activities created by over 100,000 creators and serving 9.2 million registered family members. The platform targets young learners (Pre-K to Grade 6) and distributes content to families across the US, Canada, Europe, and the Arab world; it is among the top 10 grossing kids apps worldwide. TinyTap shares subscription revenue with content creators based on user engagement and also allows creators to sell bundles directly to families. Since 2022 the company has been expanding a Web3 strategy, including auctions of Publisher NFTs that grant co-publishing rights and share proceeds with course creators. TinyTap reports that its Publisher NFT genesis auctions generated 243 ETH (≈US$352,000 at auction) and that average income to NFT buyers from co-publishing efforts amounted to ~8.2% (19.7% annualized) of the purchase price. An example buyer earned about $7,823 between November 2022 and March 2024 by co-publishing associated courses. TinyTap, founded in 2012 and based in Tel Aviv, Israel, is a platform that enables teachers to create educational games for students which families worldwide can play. The company offers a premium subscription granting access to a library of 150,000 games in 24 languages. Revenue from the platform is shared between TinyTap and the teacher-creators, providing teachers with an additional source of income. TinyTap has a partnership with Oxford University Press to develop a Learning Plan for English Language Learners. The company plans to use its latest funding to launch newly curated Learning Plans in Mandarin, Arabic, and Spanish and to promote the Oxford partnership. TinyTap is an iPad application that enables users and children to build playable books and games using their own photos, camera shots, music and narrated voice. The app includes pre-made game templates and a built-in drawing tool called TinyTap Artist for creating doodles that can be turned into games. The company plans to launch an iPhone app before December and to roll out three additional game engines by Q1 2013 (voice-sync to words, picture puzzles from photos, and tap-to-hear object games). TinyTap is also building a full-scale Marketplace where creators can sell editable game templates starting at $0.99; that feature was expected to launch in about one month. The founders have refined the user interface since launch and report user numbers “in the hundreds of thousands.” Originally a two-person team (co-founders Yogev Shelly and Oren Elbaz), TinyTap expected to grow to a team of five by the end of the month.

Participated · Equity · Feb 2017

OpenSponsorship operates a subscription-based marketplace where brands search and filter athletes, teams and events by criteria such as social media, logo placement or appearances, then create campaigns, select athletes (or receive matches), launch and measure results. The company was founded in 2016 by Ishveen Anand and Ron Nesbitt. It touts the largest marketplace of athletes with over 11,000 profiles, has facilitated over 10,000 deals across 400 brands, and works with clients including Walmart, Foot Locker and Levi’s. OpenSponsorship has 15 employees and is on target for $5 million in top-line revenue and $1.5 million in net revenue this year. The new capital will be used to continue building product and integrations and to expand into new verticals, sales and marketing, including testing music. OpenSponsorship provides a web-based marketplace that automates matchmaking between brands, agents, teams, sports athletes, and esports athletes. The platform lets brands search a database and view an athlete’s social followings, demographics, interests, fees, and contact options at a glance. Brands can post campaigns and athletes can bid to participate; OpenSponsorship also handles contracts, terms, and payments so talent is paid only when a deal is complete. The company tracks multiple media channels (recently adding Twitch) and has listed more than 2,500 athletes, teams, and events across over 40 countries. OpenSponsorship is expanding exposure among esports and says it aims to open offices in new geographies to broaden reach. The company is based in New York with a development team in London and has 10 employees.