AppWorks

AppWorks, established in 2009, is a Taipei-based venture capital firm that invests in early-stage technology startups. It focuses on sectors such as artificial intelligence, internet of things, web3, and blockchain across Taiwan and Southeast Asia. The firm provides seed funding through its Accelerator program and growth financing via its AppWorks Funds, which target investments ranging from USD 50,000 to USD 10 million. Additionally, AppWorks offers educational programs through AppWorks School to prepare aspiring engineers for tech industry careers.

Jack An

Associate

Joseph Chan

Partner

Alyssa Chen

Principal

Nice Cheng

Partner

Sophie Chiu

Principal

Bill Hsu

Analyst

Jamie Lin

Chairman, Founder and Managing Partner

Natalie Lin

Analyst

Zhichen Lin

Founder, Partner and Chairman

Michelle Lin

Analyst

Jessica Liu

Partner

Andy Tsai

Partner

Ching Tseng

Principal

Jun Wakabayashi

Principal

Past deals in Asia

Jiraffe

Series E in 2024
Jiraffe Inc., founded in 2014 and based in Tokyo, Japan, is a media business company that specializes in the planning, development, and management of internet services. The company operates platforms that allow customers to compare prices for iPhone repairs and parts replacements, as well as buy and sell smartphones individually. Additionally, Jiraffe offers a flea market trading application focused on items like trading cards, sneakers, and hobbyist collectibles, enabling users to make informed purchasing decisions and trade authentic products.

XO (former Rooit)

Non Equity Assistance in 2024
Rooit is an internet company based in Taipei City, Taiwan, founded in 2016, that offers a gamified mobile application aimed at enhancing communication among young people. The application connects users through anonymous themed chat rooms, allowing them to engage in conversations centered around specific topics while also incorporating fun games to facilitate interaction. It features a phone registration mechanism that enables users to create friend lists and share their emotions, helping to alleviate feelings of loneliness. Rooit seeks to transform the way millennials communicate and make friends in a digital landscape.

WeMo Scooter

Series A in 2023
WeMo Scooter offers an innovative vehicle sharing service that enhances urban transportation in Taiwan. As the largest and most established provider in the region, WeMo provides users with the convenience of renting electric scooters through its app, accessible at various public and partner parking locations. The service operates around the clock, ensuring that riders can travel anywhere at any time. With features such as live tracking, 24/7 customer support, and insurance for all users, WeMo Scooter prioritizes a safe and seamless experience for its customers. By promoting the use of electric scooters, the company aims to reduce commuters' ecological footprints and transportation costs.

Kikitrade

Venture Round in 2022
Kikitrade is a cryptocurrency social investment platform established in 2020 and headquartered in Hong Kong. The company focuses on providing both beginner and expert investors with a user-friendly and secure environment for cryptocurrency trading. Its digital asset trading platform is regulated by the Australian government's financial intelligence agency, ensuring the protection of user accounts. Kikitrade promotes a community-oriented approach by fostering an interactive and educational in-app experience, enabling users to engage with one another while learning about investments. The platform distinguishes itself by offering zero commission fees, making it accessible and appealing for mainstream investors looking to enter the cryptocurrency market.

EMQ

Series B in 2020
EMQ Limited is a Hong Kong-based financial technology startup established in 2014, with additional offices in Taiwan and China. The company focuses on creating a financial network across Asia, emphasizing remittance services. EMQ partners with financial institutions and strategic allies in various countries, including Indonesia, Vietnam, and the Philippines, to facilitate and settle cross-border remittances. The company has developed a mobile application that allows clients to borrow and transfer money efficiently. EMQ holds a Money Service Operator license from the Hong Kong Customs and Excise Department and a Fund Transfer Operator license from Bank Indonesia, enabling it to provide affordable, secure, and real-time financial settlement services for users and global businesses.

WeMo Scooter

Series A in 2020
WeMo Scooter offers an innovative vehicle sharing service that enhances urban transportation in Taiwan. As the largest and most established provider in the region, WeMo provides users with the convenience of renting electric scooters through its app, accessible at various public and partner parking locations. The service operates around the clock, ensuring that riders can travel anywhere at any time. With features such as live tracking, 24/7 customer support, and insurance for all users, WeMo Scooter prioritizes a safe and seamless experience for its customers. By promoting the use of electric scooters, the company aims to reduce commuters' ecological footprints and transportation costs.

Omnichat

Seed Round in 2020
Omnichat Limited is a Hong Kong-based company that operates a web-based messaging customer relationship management (CRM) and marketing automation platform. Established in 2019, Omnichat specializes in omnichannel chat commerce, enabling retail and e-commerce businesses to enhance sales and conversion rates. The platform integrates various social messaging services, including WhatsApp, Line, Instagram, and Facebook Messenger, allowing brands to streamline their sales, marketing, and customer service efforts. Through its comprehensive suite of services, Omnichat aims to facilitate effective communication and engagement between businesses and their customers across multiple channels.

XREX

Seed Round in 2019
XREX Inc. is a blockchain-based financial institution based in Taipei, Taiwan, that specializes in providing a range of services to facilitate crypto markets and transactions. Founded in 2009, the company offers a suite of solutions, including crypto exchange, escrow services, and fiat-to-crypto transactions. XREX's platform includes various blockchain services designed for organizations involved in market-making, banking, and custodial services, as well as payment gateways and decentralized applications. The company aims to create an inclusive financial ecosystem by partnering with banks and regulators, helping merchants, especially in emerging economies, to streamline international transactions through its cloud-based blockchain APIs and SaaS offerings.

ShopBack

Series A in 2017
ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.

KKday

Series A in 2016
KKday.com International Company Limited is an e-commerce platform based in Taipei, Taiwan, founded in 2014. It specializes in connecting travelers with authentic local tours and activities across various countries and cities. The platform enables users to search, discover, and book a diverse range of curated experiences, facilitating access to off-the-beaten-path activities. In addition to serving travelers, KKday supports local travel suppliers by providing essential tools for product management and order fulfillment, thereby aiding their digital transformation.

Cybersocial Holdings

Seed Round in 2016
WeTalk Forum was established in 2013. Target they have set is to hope that through WeTalk current affairs forum for Traditional Chinese users in Taiwan and elsewhere, can have a space to discuss current events and important public issues. They hope to discuss current events WeTalk forum, is not subject to disturbance, transparent and open. They hope, WeTalk current affairs forum, Traditional Chinese to become the largest integrated forum. Their vision is to be able to exist through WeTalk affairs forum, so really important issues on the Internet encourages further discussion of positive and negative, so that more people can transmit WeTalk forum for pluralistic understanding of these important issues.

17Life

Series A in 2016
17Life is a leading online-to-offline (O2O) platform based in Taipei, Taiwan, specializing in the sale of group discount coupons and vouchers. The company caters to consumer demand across various lifestyle sectors, offering a convenient shopping experience that integrates online and offline transactions. By leveraging partnerships with major retailers, including Shin Kong Mitsukoshi, 17Life creates a comprehensive ecosystem that enhances its service offerings. This approach allows customers to access discounts and promotions seamlessly, meeting their recreational and lifestyle needs effectively.

Lalamove

Series A in 2016
Lalamove, originally known as EasyVan, was established in Hong Kong in December 2013 to address the demand for efficient van hire services. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a network of more than 700,000 driver-partners. Lalamove's on-demand logistics platform facilitates instant matching between customers and drivers, enabling same-day deliveries with an impressive average fulfillment time of just 55 minutes. The platform offers van-hailing and courier services, allowing customers to track their deliveries in real time and rate their drivers. By optimizing routes and fleets, Lalamove enhances the earning potential for drivers while providing reliable and swift delivery solutions for businesses and individuals alike.

UrMart

Seed Round in 2016
UrMart is an e-commerce platform specializing in healthy breakfast cereals and snacks. Founded in 2015, the company focuses on providing consumers with a curated selection of high-quality cereals sourced from around the globe, along with a variety of nuts, dried fruits, honey, jam, and other natural food products. UrMart aims to cater to the needs of busy modern individuals by offering light meals and healthy snacks that promote a dynamic and healthy lifestyle. With a strong emphasis on data analysis, the company has experienced significant growth, achieving impressive sales figures shortly after its inception. UrMart aspires to become a leading online destination for cereal and related commodities in Taiwan.

FashionGuide

Venture Round in 2016
FashionGuide, founded in 2008, is Taiwan's largest beauty community platform that focuses on providing integrated marketing services for beauty brands, including major customers in Europe and America. The platform serves as a social networking site where users can access fashion and beauty content, including customer reviews and discussions about cosmetics and fashion products. FashionGuide has successfully introduced a unique beauty product certification mark, awarded to 360 brands after thorough market research evaluations. Additionally, the company operates its own beauty brand, 1028, which has gained popularity among consumers.

KKday

Series A in 2016
KKday.com International Company Limited is an e-commerce platform based in Taipei, Taiwan, founded in 2014. It specializes in connecting travelers with authentic local tours and activities across various countries and cities. The platform enables users to search, discover, and book a diverse range of curated experiences, facilitating access to off-the-beaten-path activities. In addition to serving travelers, KKday supports local travel suppliers by providing essential tools for product management and order fulfillment, thereby aiding their digital transformation.

EZTABLE

Series C in 2016
EZTABLE is an online restaurant reservation platform founded in Taipei, Taiwan, in April 2008. As the largest platform of its kind in Asia, it aims to connect users with restaurants that suit their lifestyle and accommodate their gatherings. The platform allows customers to communicate directly with restaurants, facilitating requests for specific tables, such as preferred corner or center locations. By offering this service at a low subscription charge, EZTABLE enhances the dining experience for users while simplifying the reservation process. The company's mission is to build the world's largest dining program, making it easier for individuals to find and book restaurant experiences that resonate with their preferences.

17 Media

Series A in 2015
17Media was established in 2015 in Taiwan. Having raised $10m during Series A, 17Media is considered as one of the fastest growing startups in Asia. 17app is a social media app that enables you to livestream, share photos, upload videos and interact with streamers. Celebrities, actors and singers are all live on the app, join us and interact with them. Who knows, you might be the next internet celebrity!

Lalamove

Series A in 2015
Lalamove, originally known as EasyVan, was established in Hong Kong in December 2013 to address the demand for efficient van hire services. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a network of more than 700,000 driver-partners. Lalamove's on-demand logistics platform facilitates instant matching between customers and drivers, enabling same-day deliveries with an impressive average fulfillment time of just 55 minutes. The platform offers van-hailing and courier services, allowing customers to track their deliveries in real time and rate their drivers. By optimizing routes and fleets, Lalamove enhances the earning potential for drivers while providing reliable and swift delivery solutions for businesses and individuals alike.

Sudo

Seed Round in 2015
Sudo is an online recruitment platform for software engineers. It focuses on providing customized recruitment services for the software industry. Sudo offers referral services for various companies according to their business nature and needs. Launched in 2014 by Yvette Lin, the platform is operated from Taipei, Taiwan.

91APP

Series A in 2015
91App is a software as a service company based in Taipei, Taiwan, that specializes in developing customized applications for small merchants. Founded in 2012, the company provides advanced omnichannel commerce solutions, including branded shopping apps and websites tailored for retailers. Its platform supports merchants in the Direct-to-Consumer (D2C) e-commerce market by offering comprehensive shopping cart and marketing solutions. By enabling retail brands to optimize their operations, 91App facilitates a seamless integration of online and offline sales channels, helping clients enhance their market presence and improve overall operational efficiency.

EZTABLE

Series B in 2015
EZTABLE is an online restaurant reservation platform founded in Taipei, Taiwan, in April 2008. As the largest platform of its kind in Asia, it aims to connect users with restaurants that suit their lifestyle and accommodate their gatherings. The platform allows customers to communicate directly with restaurants, facilitating requests for specific tables, such as preferred corner or center locations. By offering this service at a low subscription charge, EZTABLE enhances the dining experience for users while simplifying the reservation process. The company's mission is to build the world's largest dining program, making it easier for individuals to find and book restaurant experiences that resonate with their preferences.

Lalamove

Series A in 2015
Lalamove, originally known as EasyVan, was established in Hong Kong in December 2013 to address the demand for efficient van hire services. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a network of more than 700,000 driver-partners. Lalamove's on-demand logistics platform facilitates instant matching between customers and drivers, enabling same-day deliveries with an impressive average fulfillment time of just 55 minutes. The platform offers van-hailing and courier services, allowing customers to track their deliveries in real time and rate their drivers. By optimizing routes and fleets, Lalamove enhances the earning potential for drivers while providing reliable and swift delivery solutions for businesses and individuals alike.

Uitox

Series B in 2014
Uitox is a provider of e-commerce tools designed to assist brands and suppliers in establishing their own online stores. Founded in 2012 and headquartered in Taiwan, Uitox offers a comprehensive suite of services, including e-commerce website development, warehouse management, logistics, payment processing, and cross-border sales. The company enables suppliers to upload their products to the Uitox Cloud, where each item undergoes category mapping and pricing calculations. Once processed, products are distributed across various e-commerce platforms globally, with local language translations and import duty calculations. When consumers place orders, these are fulfilled through consolidated shipments managed by Uitox. With a growing team of over 300 staff, Uitox aims to enhance the global e-commerce landscape, serving customers across multiple countries.

Fandora

Series A in 2014
Fandora operates an online shopping platform that showcases a diverse range of merchandise featuring illustrations from nearly 2,600 Taiwanese creators. Since its inception in 2013, Fandora has accumulated over 70,000 works, providing artists with exposure and commercial opportunities. The platform allows users to purchase unique, original design products, effectively integrating artistic creations into everyday life. By collaborating with thousands of illustrators and designers, Fandora has facilitated the sale of customized merchandise, enhancing the shopping experience with distinctive visuals. This approach not only supports local talent but also offers consumers access to affordable designer products that reflect their preferences.

Doremi Star

Angel Round in 2013
Doremi Star is a Taiwanese social game developer whose main product is Sword Quest.

CHOCOLABS

Seed Round in 2013
CHOCOLABS was established in September 2011 in Taiwan. Its current portfolio adds up to total of 62 APPs, more than 12M downloads and 1.8M monthly active users. CHOCOLABS aims to create the perfect living circle by offering users the APPs to ease their daily lives. In present mobile era, CHOCOLABS continues to be dedicated to making users lives more convenient through “App Your Life” experience.

EZTABLE

Series A in 2012
EZTABLE is an online restaurant reservation platform founded in Taipei, Taiwan, in April 2008. As the largest platform of its kind in Asia, it aims to connect users with restaurants that suit their lifestyle and accommodate their gatherings. The platform allows customers to communicate directly with restaurants, facilitating requests for specific tables, such as preferred corner or center locations. By offering this service at a low subscription charge, EZTABLE enhances the dining experience for users while simplifying the reservation process. The company's mission is to build the world's largest dining program, making it easier for individuals to find and book restaurant experiences that resonate with their preferences.

Gameape

Seed Round in 2012
GameApe is a pioneering mobile games information portal based in Taiwan, specializing in iOS and Android platforms. The website serves as a comprehensive resource for gamers, providing detailed information on game strategies, evaluations, pricing, ratings, and reviews. By offering insightful content about various mobile games, GameApe aims to enhance the gaming experience for users, helping them make informed decisions when selecting games to play.
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