Participated · Equity · Aug 2025

Top Win International is a Hong Kong–based firm best known for its luxury watch business that is pivoting toward digital assets and building a Bitcoin treasury. It went public on Nasdaq in April 2025 under the ticker TOPW and rebranded its listing to SORA in May after a partnership with SORA Ventures. The company says it will use a majority of the $10 million proceeds to buy Bitcoin directly and may allocate some funds to invest in other public companies pursuing similar Bitcoin treasury strategies, subject to regulatory considerations. Top Win stressed it does not intend to operate as an investment company; the move is presented as a way to strengthen its balance sheet with BTC and support long-term growth in the digital asset economy. After the fundraising reveal, Top Win shares fell more than 15% at market open, though the stock was up 12.41% over the prior five days, reflecting short-term volatility and investor caution. The company frames Bitcoin adoption as a hedge against inflation and currency debasement and seeks to position itself among publicly-listed firms integrating BTC into corporate strategy.

Led · Series A · Mar 2021

HeraSoft offers a distributed cloud-based ransomware-proof solution designed to eliminate single points of failure that make cloud software systems vulnerable to cyber attacks. The product can be deployed as a stand-alone platform or layered onto existing enterprise software to enhance application and data cybersecurity. HeraSoft positions its solution as faster and less expensive than traditional centralized enterprise cloud offerings. The company targets enterprises and government organizations across industries including fintech, healthcare, banking, import/export and others. Management says the product is customizable for any enterprise regardless of vertical and aims to address the rising volume of ransomware and other cyber threats. The article cites the company’s recent Series A financing and board additions as part of its plans to expand support to customers facing increasing cyber risk.