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The Venture Codex

Overview

Consumer internet company improving lives with technology.

Founded

2009

Deals ยท 12mo

1

Stage focus

Multi-stage

Geographic focus

China
Mexico
Singapore
United States

Sector focus

E-Commerce
Messaging
Mobile
Payments

Investment portfolio

5rounds
NAMEDATESIZE
Astrocade AI
May 2026Led
$56 MSeries A
OXIO
Mar 2022Participated
$40 MSeries B
Refract
Jan 2022Led
$7 MSeries A
Kavak
Sep 2021Participated
$700 MSeries E
Wecash
Mar 2018Led
$160 MSeries D
Astrocade AI
May 2026Led
$56 MSeries A
OXIO
Mar 2022Participated
$40 MSeries B
Refract
Jan 2022Led
$7 MSeries A
Kavak
Sep 2021Participated
$700 MSeries E
Wecash
Mar 2018Led
$160 MSeries D
5
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

SEA: 5 funding rounds are recorded in the selected participation categories.All available history.
SEA: 5 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A20
Series B01
Series C+11

Monthly Deal Activity

SEA: 5 deals are recorded across 104 months.All available history.
SEA: 5 deals are recorded across 104 months. All available history
MonthDeals
Mar '181
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '211
Oct '210
Nov '210
Dec '210
Jan '221
Feb '220
Mar '221
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '261
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

SEA: Networks, Cloud & Communication is the largest displayed sector by deal count (3 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

SEA: Networks, Cloud & Communication is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Networks, Cloud & Communication3
Hardware & Robotics2
AI & Machine Learning2
Gaming & eSports2
Social & Community Platforms2
Fintech1
Enterprise Software1
Media & Entertainment1
E-Commerce & Retail1
AR/VR1
Data, Analytics & IT1
Transportation & Logistics1

Deal Size Distribution

SEA: 5 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

SEA: 5 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M1
$10M-$25M0
$25M-$50M1
$50M-$100M1
$100M-$250M1
$250M-$500M0
$500M-$1B1
$1B+0

Deals By Geography

SEA: United States has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

SEA: United States has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
United States2
Singapore1
Mexico1
China1
SEA: 20 co-investors are shown, with Ascend sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

SEA: Led accounts for 60% and participating for 40% of round participation.All available history.
SEA: Led accounts for 60% and participating for 40% of round participation. All available history
CategoryDeals (count)Share (%)
Led360%
Participating240%
SEA: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
SEA: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

David Chen

Co-Founder

Forrest Li

Founder & Group CEO

Gang Ye

Group Chief Operating Officer & Co-Founder

Nick Nash

Group President

Nok Anulomsombut

Chief Executive Officer of Thailand

Santitarn Sathirathai

Group Chief Economist

Tony Hou

Senior Vice President & Group CFO

Yanjun Wang

Group Chief Corporate Officer, Group General Counsel & Company Secretary