500 Southeast Asia

500 Southeast Asia, established in 2014, is a Singapore-based venture capital firm focused on early-stage investments in Southeast Asia. It is part of the 500 Startups family and has backed over 250 companies across various sectors such as consumer internet, deep technology, financial services, and software. The firm invests between USD 0.05 million to USD 0.15 million in up to 200 companies, providing not only capital but also expertise and regional networks to support founders' success.

Saemin Ahn

Partner

Atika French

Associate Director, Capital Formation

Vishal Harnal

Managing Partner

24 past transactions

Chickin

Series A in 2024
Chickin is a technology company that specializes in IoT and data analytics solutions for broiler chicken production. It offers a comprehensive platform designed to address the challenges faced by local farmers in the poultry industry. Chickin's system enables livestock monitoring, cage management, and climate control, allowing farmers to optimize their operations. The platform provides valuable data, including daily sales and production metrics, enhancing performance measurement and minimizing risks through preventive measures. Additionally, it facilitates the management of critical aspects of poultry farming, such as climate adaptability, temperature, humidity control, and age recording of each bird, thereby supporting farmers in improving their overall productivity and efficiency.

Edukita

Seed Round in 2024
Edukita is an early-stage education technology company focused on enhancing English language learning through its online platform. The company offers a program designed to build fluency affordably, featuring live classes conducted by native speakers. Its curriculum is internationally benchmarked, ensuring that students receive a high-quality educational experience. By prioritizing effectiveness and enjoyment in the learning process, Edukita aims to make English language acquisition accessible to a wide audience.

Persona Studios

Pre Seed Round in 2023
Persona Studios is a developer of artificial intelligence-powered assistants and personas tailored for creators, influencers, and celebrities. The company focuses on enhancing fan engagement by enabling real-time interactions through voice and text across multiple platforms, including phone, SMS, and social media. By leveraging advanced AI technology, Persona Studios allows these digital personas to communicate directly with fans, fostering deeper connections and enhancing the overall fan experience.

eFishery

Series D in 2023
eFishery is an aquaculture technology startup that focuses on providing innovative solutions for fish and shrimp farmers. The company develops an internet of things-based automatic fish feeder that utilizes motion sensors to assess fish appetite and optimize feeding amounts. In addition to its feeding technology, eFishery offers a cloud-based dashboard and data platform that helps farmers manage their operations effectively. The company aims to enhance productivity and profitability for aquaculture practitioners while addressing social and economic inequalities within the industry. By creating an integrated ecosystem that includes services for farming operations, financing, and distribution, eFishery supports sustainable growth in one of the world’s vital food production sectors.

imajin

Seed Round in 2023
Digital Manufacturing Ecosystem for Indonesia. Focus on B2B Manufacturing, partner of Ministry of Industry Indonesia as Manufacturing hub. Help to connect, Supplies raw material until project financing.

Boxo

Series A in 2022
Boxo, officially known as Appboxo Pte. Ltd., is a Singapore-based platform founded in 2018 that specializes in super app infrastructure. It provides a suite of developer tools enabling businesses to launch full-screen mini-apps within their existing applications. By utilizing a single SDK, companies can transform their apps into super apps, offering a variety of services quickly and efficiently. This platform also allows service providers to create embeddable mini-apps, facilitating new partnerships and enhancing user engagement through affiliate traffic. Boxo aims to streamline the app integration process while expanding monetization opportunities for both developers and service providers.

Clinikk

Seed Round in 2021
Clinikk is a Bengaluru-based healthcare platform established in 2016, aimed at providing accessible and affordable medical care to neo-middle-class Indians. The company offers a comprehensive healthcare solution that includes health insurance and smart plans tailored for patients and families. Through its Clinikk Smart Plan, users can consult doctors, obtain medications, and undergo diagnostic tests at Clinikk Health Hubs without any out-of-pocket expenses. The platform features a full-stack package that encompasses family health insurance, unlimited outpatient consultations, and digital access to medical services, all provided for a reasonable monthly subscription. Clinikk's mission is to ensure that quality healthcare is readily available on demand, supported by a network of round-the-clock medical professionals and user-friendly services.

Ion Mobility

Seed Round in 2021
ION Mobility is a technology and automotive original equipment manufacturer focused on creating sustainable mobility and energy solutions. The company develops smart electric motorbikes that match the performance of traditional gasoline vehicles, integrating advanced hardware and software technology with human-centered design. Additionally, ION Mobility offers energy charging and storage solutions, aiming to transform transportation into a more affordable and sustainable experience. With a vision to lead Southeast Asia's transition towards a low-carbon economy, ION Mobility is committed to delivering aspirational products and seamless user experiences, starting with its flagship model, the ION M1-S.

Carsome

Series D in 2021
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.

Atomionics

Seed Round in 2021
Atomionics specializes in the development of advanced atomic sensors aimed at enhancing navigation and resource exploration capabilities. By leveraging the quantum mechanical properties of atoms, the company creates sensors that measure fundamental parameters such as gravity, acceleration, and rotation with remarkable precision—up to 1000 times more accurate than existing technologies. This innovative approach addresses the shortcomings of current sensing technologies in various applications, including navigation, positioning, and the detection of natural resources like oil and gas. Atomionics' solutions offer a transformative potential for global positioning and resource exploration, making them valuable to clients and research institutions alike.

Boxo

Seed Round in 2020
Boxo, officially known as Appboxo Pte. Ltd., is a Singapore-based platform founded in 2018 that specializes in super app infrastructure. It provides a suite of developer tools enabling businesses to launch full-screen mini-apps within their existing applications. By utilizing a single SDK, companies can transform their apps into super apps, offering a variety of services quickly and efficiently. This platform also allows service providers to create embeddable mini-apps, facilitating new partnerships and enhancing user engagement through affiliate traffic. Boxo aims to streamline the app integration process while expanding monetization opportunities for both developers and service providers.

Friz

Seed Round in 2020
Friz is a company dedicated to empowering freelancers, independents, and gig workers in establishing their online presence and securing work opportunities. It offers a streamlined online profile that enhances credibility, eliminating the need for traditional resumes and outdated personal websites. By providing an accessible platform for users to showcase their skills, Friz helps individuals attract potential clients more effectively. Additionally, Friz has developed a credit line platform specifically designed to address the working capital needs of gig workers and freelancers. This platform enables users to apply for credit lines with ease, offering flexible repayment options and fair interest rates, thus facilitating better financial management for those in the gig economy.

Ion Mobility

Seed Round in 2020
ION Mobility is a technology and automotive original equipment manufacturer focused on creating sustainable mobility and energy solutions. The company develops smart electric motorbikes that match the performance of traditional gasoline vehicles, integrating advanced hardware and software technology with human-centered design. Additionally, ION Mobility offers energy charging and storage solutions, aiming to transform transportation into a more affordable and sustainable experience. With a vision to lead Southeast Asia's transition towards a low-carbon economy, ION Mobility is committed to delivering aspirational products and seamless user experiences, starting with its flagship model, the ION M1-S.

Split

Seed Round in 2020
Split is a Southeast Asian fintech startup that facilitates buy now pay later (BNPL) services for businesses across various platforms such as ecommerce, retail, and social commerce. Its platform integrates with websites or applications, allowing consumers to split their purchases into interest-free installments, thereby providing businesses an additional payment option for their customers.

BioVisioner

Angel Round in 2020
BioVisioner, a flagship product of Taiwei Biotech International Co., Ltd., specializes in AI-driven bioprocess optimization. It centralizes and harmonizes experimental data, providing actionable insights to enhance efficiency and innovation in biopharmaceutical development. The platform integrates advanced machine learning algorithms and deep data analytics for real-time monitoring, anomaly detection, and predictive analytics. BioVisioner can adapt to various bioprocessing methods, from cell culture to fermentation, and uses digital twin simulations to conduct virtual experiments, reducing time and cost. It seamlessly integrates with existing data management systems and offers robust security features, meeting the stringent demands of modern biotech companies.

G-MEDS

Seed Round in 2019
G-MEDS helps doctors care for their traveling patients worldwide. Their e-pharmacy platform ensures effective, accurate, and on-time fulfillment of medical prescriptions delivered right to patients’ doorstep. Saves time saves money. In today’s highly globalized and digitally connected world, doctors and patients want convenience without compromising on the quality of care and service. It works closely with a well-established Malaysia pharmacy chain and a reputable Singapore pharmacy, to source and deliver a wide range of branded and branded generics worldwide. With their in-house specialized logistics expertise and partners, they have the proven experience to deliver prescriptions to international patients daily, including those in North America, Europe, Japan, and the rest of Asia. It is headquartered in Singapore, Singapore.

Hydroleap

Venture Round in 2019
Hydroleap is a developer of advanced, environmentally-friendly water treatment technologies that utilize innovative electrical processes. The company specializes in wastewater treatment solutions, offering alternatives to costly chemical treatments by employing smart electrical methods. Its technology effectively addresses the treatment of wastewater laden with high levels of suspended solids, oils, and heavy metals. By leveraging electrical and membrane treatment systems, Hydroleap enables clients to access efficient water recycling services, promoting sustainability and reducing environmental impact.

Carnot Innovations

Seed Round in 2019
Carnot Innovations Limited, established in 2018 and headquartered in Wan Chai, Hong Kong, specializes in automation and data-driven predictive maintenance solutions for Heating, Ventilation, and Air Conditioning (HVAC) systems. The company serves various sectors including commercial buildings, hotels/resorts, railway facilities, and schools. Its core offering is an AI-powered software platform that provides building-specific predictive analytics and algorithms to optimize HVAC operations, reduce energy consumption, and facilitate carbon emission monitoring. By integrating data science with energy engineering expertise, Carnot Innovations aims to enhance sustainability and support stakeholders in achieving their environmental goals.

Volt14 Solutions

Seed Round in 2019
Volt14 Solutions specializes in the development of ultra-high performance materials specifically designed for lithium-ion batteries. The company focuses on manufacturing lithium anodes that can enhance battery energy density by up to 70%, which is a significant improvement over existing options. This advancement addresses common challenges such as range anxiety in electric vehicles and reduces storage costs by nearly 40%. Volt14 employs a unique wet chemistry approach, enabling battery manufacturers to seamlessly integrate its anodes into their current production lines without experiencing manufacturing bottlenecks. Their solutions cater to various applications, including automotive, defense, and space industries, ensuring compatibility with a wide range of lithium-ion battery systems.

FireVisor

Seed Round in 2019
FireVisor Systems Pte. Ltd., founded in 2018 and based in Singapore, offers an AI-powered software platform that transforms the manufacturing sector by leveraging previously untapped data. The company focuses on automating manufacturing processes to enhance efficiency and quality control. By utilizing artificial intelligence and machine learning, FireVisor's platform detects, analyzes, and monitors defects in production, thereby minimizing the reliance on human inspectors and process control engineers. This innovative approach aims to create self-aware factories that can autonomously optimize operations, reducing costs associated with poor quality and increasing overall profitability for clients. In a global manufacturing industry valued at $17.2 trillion, FireVisor seeks to harness the vast amounts of data generated by machines to drive significant enhancements in productivity and operational effectiveness.

INCREDIBLE™ BIO (formerly JuiceInnov8)

Seed Round in 2019
Juiceinnov8 Company Limited is a Bangkok-based deeptech startup, established in 2014, that specializes in developing sugar reduction technology using non-genetically modified microbes for the juice industry. The company aims to revolutionize the sector by producing healthier juice options with reduced sugar and lower calories. Recognized as one of Asia's leading deeptech startups, Juiceinnov8 is the first Thai startup to participate in Plug and Play, a renowned startup accelerator located in Silicon Valley. In 2017, the company was also honored as one of the Global Top 500 Deep-Tech Startups at the Hello Tomorrow Global Summit in Paris.

Aureso

Seed Round in 2017
Aureso is a company that fundamentally transforms automotive retail operations by providing a comprehensive customer relationship management platform. It aims to address inefficiencies in the sales process faced by car manufacturers and large dealer groups by digitizing legacy systems and automating task management. The platform integrates proven industry processes with real-time performance visibility, enabling users to streamline their workflows and enhance data interaction. By implementing the necessary infrastructure for digitalization, Aureso facilitates the adoption of modern technologies such as Connected Cars and artificial intelligence within the automotive sector. This approach has been shown to significantly increase car sales volumes.

WORQ

Seed Round in 2017
WORQ is a community-driven coworking space provider based in Kuala Lumpur, Malaysia, founded in 2017. The company specializes in flexible workspace solutions tailored to a diverse clientele, including gig workers, startups, small and medium enterprises, and multinational corporations. WORQ emphasizes collaboration within its shared working environment, fostering community-building activities that benefit over 10,000 individuals. The company offers a range of services, including customizable workspace options, high-speed internet, virtual office setups, and private telephone booths. WORQ has received numerous awards for its contributions to the coworking sector, including recognition for being the most accommodating coworking space and for its community-building efforts. The company has also garnered attention from notable figures, including King Charles III during his visit in 2017, highlighting its role in the business ecosystem. Through its innovative approach, WORQ aims to support businesses in achieving greater results by providing a flexible and agile workspace.

Easyship

Seed Round in 2016
Easyship is a technology company that offers a comprehensive shipping solution tailored for eCommerce sellers aiming to streamline their logistics. The platform enables merchants and marketplaces to integrate a seamless shipping gateway into their online stores, allowing them to connect with over 100 shipping services, including major couriers like DHL, FedEx, USPS, and UPS, at significantly discounted rates. By comparing various shipping options for each order, Easyship provides transparency regarding delivery times and shipping costs, ensuring that sellers and their customers avoid unexpected charges. The company also guarantees taxes and duties based on the nature of the items being shipped, thus preventing delays. Additionally, Easyship offers e-fulfillment services, allowing sellers to store, pack, and ship products from its warehouses, further enhancing the efficiency of their operations from checkout to delivery.
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