Led · Series A · May 2026

Astrocade offers an interactive platform that leverages generative AI to turn ideas into playable games in minutes and hosts a social gaming community. The company reports over 20 million users who engage with interactive worlds, educational adventures, and AI-powered companions. Leadership includes CEO Amir Sadeghian, CTO Ali Sadeghian, and CSO Fei‑Fei Li. Following the $56M combined Series A/B raise, Astrocade plans to expand its team, invest further in its community, deepen its generative AI capabilities (including AI agents for coding and asset creation), and scale globally to support increased user demand. The articles do not provide revenue figures or a disclosed valuation.

Participated · Series B · Mar 2022

OXIO is the first fully-customizable telecom-as-a-service (TAAS) platform that uses web3-built technology to let brands act as mobile carriers via white-label, cloud-native products. The platform unbundles mobile telecom infrastructure and packages 4G and 5G carrier capabilities through modern UI and APIs. OXIO’s 100 percent cloud-based solution blends wireless infrastructure from multiple providers to deliver custom, asset-light networks rapidly. In Mexico the company counts clients such as Grupo Bimbo, Grupo Coppel, and Rappi. Financially, OXIO has raised $40 million in a Series B and previously raised $12 million in a Series A in November 2020, bringing total proceeds to $65 million to date. The company plans to use the funding to accelerate growth in Mexico, launch in the United States and Brazil, expand across LATAM, and hire senior revenue and finance roles along with product and engineering talent. OXIO is a New York-based startup that uses blockchain to enable “Telecom-as-a-Service,” turning mobile data into tradeable tokens so brands can offer telco-type services. Its platform lets brands piggyback on local telecom or satellite infrastructure via an API and aims to reboot the MVNO model by enabling differentiated, branded mobile plans tied to a company’s core business. OXIO has run pilots with large Mexican retailers, convenience stores, food and beverage companies, and drugstores to address high mobile-data costs in emerging markets. Technically, it has trialed token implementations on the Stellar blockchain and is testing Solana and Near Protocol as part of its wireless data token vision. The company positions tokenized data packages as a way to make wireless a tradable asset class and to align stakeholder incentives while enabling alternative payment models where users can "pay with data." Financially, OXIO announced a $12 million Series A and has raised $20 million in total since late 2019.

Led · Series A · Jan 2022

Refract develops AXIS, a wearable, untethered motion-capture solution that lets players use their bodies as game controllers without external base stations. The system supports 7–10 sensor nodes for consumer gaming and up to 17 for high-precision capture, and it integrates with OpenVR, OpenXR, Unity, Unreal and headsets like Oculus Quest 2. Through its recently acquired Deep Dive Studios, Refract is also creating first-party XR titles, with FreeStriker slated to be bundled free for AXIS owners. The company has forged partnerships including one with World Taekwondo to turn “Virtual Taekwondo” into a future medal event and plans to showcase AXIS at the 2022 Global Esports Games in Istanbul. Fresh capital is earmarked for accelerated R&D, team expansion and the commercial launch of AXIS later this year, targeting a global base of 2.9 billion gamers, tech adopters and fitness enthusiasts. Founded in 2018 by Chong Geng Ng, Michael Chng and Eugene Koh, Refract has raised a total of about SGD 9 million to date, including proceeds from a successful Kickstarter campaign.

Participated · Series E · Sep 2021

Kavak operates a tech-enabled marketplace that couples vehicle inspection, reconditioning, logistics, financing and post-sale support to bring trust and liquidity to Latin America’s historically informal used-car market. Its fintech arm has originated more than $1 billion in customer loans since launch and, in Q4 2025, reached an annualized run rate of roughly $600 million with year-on-year growth nearing 100%. During 2025 the company completed nearly 120,000 transactions, a 40% increase over the prior year, and recorded its first full month of consolidated global profitability in December, buoyed by profitable operations in Mexico, Chile and the GCC. AI agents now handle the majority of customer interactions, and further workflow automation is planned for 2026. Beyond direct retail, Kavak’s ecosystem powers over 5,000 industry partners that tap its technology and infrastructure. The company’s mission centers on broadening access to car ownership, reducing fraud and enhancing trust throughout the vehicle lifecycle.

Led · Series D · Mar 2018

Wecash Technology operates wecash.net, an online credit assessment and reporting platform that leverages big data. Its core product uses data mining and machine learning to produce credit evaluations for individuals and financial institutions. The company supplies consumers with financial and lifestyle services (3C, residential rentals and aesthetic surgery) and helps partners monetize consumer data and secure tangible assets for lenders. As of the end of January 2018 Wecash had 130 million users in its database and had supplied hundreds of millions of credit reports, and it has provided solutions to over 50 financial institutions. Wecash has expanded its presence into Indonesia, Singapore, Brazil and the US. The company plans to use new funding to broaden AI applications in data mining, machine learning and smart chips and to expand its lifestyle service portfolio. Wecash provides an app that leverages big data and machine learning to prevent fraud and deliver consumer credit evaluations and access to partnering banks, insurers and consumer finance products. The company reports over 80 million users and 30 financial-institution partners, and its technology has facilitated more than US$2.2 billion in loans. Wecash intends to improve its "lending AI" to serve banks, insurance and consumer finance companies and to extend offerings for online and offline consumption. It plans to expand its hardware R&D team to develop new machine-learning solutions for the financial sector to improve productivity and reduce risk. The company also aims to accelerate overseas expansion, building on an R&D centre in Silicon Valley since 2015 and 2017 moves into Brazil, Indonesia and broader Latin America and Southeast Asia. The business is led by founder and CEO Zhi Zhengchun and Chief Risk Officer Tang Xuewei.