AppWorks

AppWorks, based in Taipei, is the largest startup accelerator in Greater Southeast Asia, having launched its program in 2010 to assist Internet startups in optimizing their products and business strategies. The accelerator invites promising startups in fields such as AI, IoT, Blockchain, and DeFi every six months, contributing to an extensive alumni network of 395 startups and 1,331 founders. Collectively, these startups generate annual revenues of approximately $8.05 billion, provide over 17,000 jobs, and hold a combined valuation of around $11.07 billion. In addition to its accelerator program, AppWorks manages $170 million in venture capital funds, focusing on seed to Series C investments across various sectors, including technology, financial services, consumer goods, and logistics in Taiwan and Southeast Asia.

Joseph Chan

Partner

Anne Chen

Investor Relations Manager

Nice Cheng

Partner

Jamie Lin

Partner

TzuPu Lin

Associate

Jessica Liu

Partner

Andy Tsai

Partner

Past deals in Singapore

Pace

Series A in 2022
Pace is an online payment platform that allows users to shop for more with no interest or hidden fees. The platform lets shoppers take charge of their spending without giving up on the things they need or deserve. It turns purchases into 3 interest-free installments that give shoppers the breathing space to buy now.

Cyber Sierra

Seed Round in 2022
Cyber Sierra is to increase the odds of startups succeeding and to eliminate luck from the equation, so founders can focus on innovating for the right reasons.

Infina

Seed Round in 2022
Infina is an investment platform that engages in real estate and financial services.

Tinvio

Series A in 2021
Tinvio is built around the idea that every merchant and supplier should be able to work smarter together. Through clean design, agile engineering, and genuine support, we unlock capabilities that make them more productive and profitable.

Beam

Series A in 2020
Beam Mobility Holdings Pte. Ltd. is a Singapore-based company that specializes in the rental of electronic scooters. Established in 2018, Beam operates through a mobile application that facilitates the rental process for users. The company promotes responsible parking by incentivizing customers to return e-scooters to designated parking spots, thereby reducing street congestion and enhancing urban mobility. Beam aims to provide a convenient and eco-friendly transportation alternative for urban dwellers.

ShopBack

Series A in 2017
ShopBack offers a one-stop lifestyle portal that powers smarter purchase decisions for consumers. Today, ShopBack is the dominant player in Southeast Asia’s e-commerce Cashback market, with an established presence in Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, powering over 1,000 orders per hour. ShopBack enhances shopping by providing up to 30% Cashback for consumers to boost their purchasing power while providing cost-effective marketing solutions for merchant partners. With over 1,300 merchant partners, including Uber, Expedia, and Lazada, ShopBack constantly strives to bring a smarter shopping experience to the consumers. In October 2015, ShopBack was awarded the winner of the Gold award in the Best Start-up (Growth Stage) category and Silver award in the Best Innovative Infocomm Products (Consumers) category at the 7th Singapore Infocomm Technology Federation (SiTF) Awards. This is the local start-up’s maiden voyage in industry awards, pitting against more than 300 nominations for the esteemed titles. The company was recently awarded the Emerging Enterprise Award in September 2016, jointly organized by The Business Times (Singapore) and OCBC Bank, which recognizes outstanding small and medium enterprises (SMEs) in Singapore.