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The Venture Codex

ZB Capital

29 Wyndham St 18/ Unit 1803 F, Hong Kong, Central

Overview

Over the years, ZB capital has been working with numerous regional entrepreneurs, family offices, industrial investors, business operators, as well as professional parties to co-invest in growth-stage companies and businesses. Our portfolio companies are from all around the globe including China, Taiwan, Southeast Asia, North America, and Israel. They cover a broad range of industries including fintech, cloud computing, IoT, advanced manufacturing, and consumer goods. Our primary objective is to focus on both the new demand created by the applications of the latest technologies, and the potential improvement in efficiency in traditional industries through technological upgrades. Our founding and execution teams, along with our advisory committee, come from a diversified background and have rich experiences in handling cross-broader transactions. We maintain the greatest level of flexibility in dealing with the local business culture and regulations, and we are always very thoughtful on connecting the resources from different regions in order to create the best synergies as well as business opportunities. We usually look at the fundamentals of the business and its market potential when evaluating any investment opportunities. At the same time, we apply a stringent internal process during the due diligence stage to validate the business itself. For post-investment management, we spend a lot of resources to follow up with the development plan of each business so that we are aware of the latest status of each portfolio company in order to protect our capital.

Total investments
4
Lead investments
0
Investments · 12mo
0
Active investors
2

Sector focus

  • Blockchain
  • Finance
  • Financial Services
  • Venture Capital
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Investment portfolio

  • Botsync

    Participated · Series A · Jun 2024

    Botsync provides SyncOS, an intelligent orchestration layer that lets enterprises deploy and manage heterogeneous fleets of industrial robots from multiple vendors. The platform is already used by global manufacturers such as Ford and Nestlé, demonstrating its ability to coordinate large-scale, mixed-supplier automation environments. In 2025 the company recorded more than one million production trips on its system and achieved 230 percent year-over-year revenue growth, highlighting strong commercial traction. Management positions SyncOS as critical infrastructure for achieving full industrial automation ROI as factories move away from standalone hardware solutions. Proceeds from the latest funding will be channeled into further product development and global go-to-market efforts. No specific revenue figures, employee counts, or geographic headquarters were disclosed in the article.

  • Aonic (Formerly Poladrone)

    Participated · Seed · Oct 2021

    Founded in 2016, Aonic designs, engineers, and manufactures its own drones and proprietary software to modernise agriculture and industrial operations. Its field-ready spraying drones can raise farmer incomes by 50%, boost output by about 54%, and cut water used for spraying by roughly 75% compared with manual methods. The company complements its hardware with training, financing (Aonic Flex), and agri-input retail, and it maintains more than 50 sales, service, and spare-parts centres across Southeast Asia for after-sales support. Aonic’s drones are already deployed in over 15 countries for agriculture, plantation management, inspection, and other industrial services. Internal figures show the firm has grown at a triple-digit CAGR since 2022, exceeded USD 60 million in annual revenue, and turned profitable in 2023. Looking ahead, Aonic plans to deepen R&D, expand manufacturing capacity in Malaysia, and broaden its global reseller and distributor network to take its Malaysian-built drone ecosystem worldwide.

  • ETHA

    Participated · Equity · Mar 2021

    ETHA Lend is a yield optimizer protocol designed to provide automated yield allocation across the Ethereum and Polkadot DeFi ecosystems. The protocol is governed by $ETHA token holders and is powered by an algorithm that selects optimal yield opportunities for liquidity providers. The algorithm is constructed to understand the precise circumstances of a liquidity provider and supply events, aiming to protect users from high transaction costs, market limitations, and asset volatility. ETHA Lend’s smart contracts are being audited by Certik. The company is led by founder Chester Bella. The recent funding will be used to accelerate development toward the protocol’s mainnet launch scheduled for Q2 2021.

Team