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 Taiwan

PopChill

Seed Round in 2022
PopChill operates an online marketplace focused on second-hand trade, allowing users to share their fashion styles and sell items they no longer use. The platform serves as a social eCommerce hub where individuals can connect over their fashion choices, facilitating the exchange of pre-owned clothing and accessories. By promoting sustainability and encouraging the recycling of fashion, PopChill provides a space for users to both declutter their wardrobes and discover unique pieces from others.

Numbers Protocol

Non Equity Assistance in 2021
Numbers provides apps and tools to help users create tamper-proof records of media content. There are three core components of the company's product: Capture, Seal, and Trace. Capture generates the birth certificate of media content, Seal preserves the integrity with immutable records, and Trace footprints at every level from creation to archive. The sources of media content include mobile cameras or professional cameras. All media content created by the Numbers Capture comes with a unique certification. When the content is shared, viewers can scan a QR code to review and verify it. Numbers Protocol is a Taiwan startup founded in May 2019.

portto / Blocto

Series A in 2021
portto aims to make blockchain simple for users and developers. With its most user-friendly blockchain application browser and wallet SDKs, portto has pushed it steps forward for blockchain to be used in real life scenarios.

EMQ

Series B in 2020
Headquartered in Hong Kong, EMQ is a financial technology startup that is building a financial network across Asia with a focus on remittance. With a footprint across Hong Kong, Taiwan, Indonesia, Vietnam and the Philippines, the company partners with financial institutions and other strategic partners in each country to enable and settle cross-border remittance via banks and various modes for top-up and cash pickup. The company received its Money Service Operator license from the Hong Kong Customs and Excise Department in September 2014 and its Fund Transfer Operator license from Bank Indonesia in March 2017.

WeMo Corp.

Series A in 2020
WeMo Corp. offers smart vehicle rental service through application in Taiwan. The company offers live tracking features, 24/7 customer service, and insurance service for customers. It also offers IoT smart parking solution, enabling users to enter designated parking lots without the need for cards, cash, or any parking fees. WeMo Corp. was founded in 2016 and is based in Taipei, Taiwan.

XREX

Seed Round in 2019
XREX Inc. provides blockchain services. It offers XREX Crypto Services (XCS), a stack of PaaS and SaaS offerings for organizations that are building and running crypto markets (spots, futures, options), market-making, banking, custodial services, wallets, clearance and settlement proxies, payment gateways, value transmission services, and decentralized applications. The company was founded in 2009 and is based in Taipei, Taiwan.was founded in 2019 and is based in Taipei, Taiwan.

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.

Umbo Computer Vision

Series A in 2017
Umbo Computer Vision Inc. is a Taiwanese company that specializes in the design and development of cloud-based security cameras. Focused on enhancing operational efficiency and reducing ownership costs, Umbo offers a range of products including the Umbo SmartDome, a self-learning professional cloud camera, and the Umbo SmartBullet, designed for various business and governmental applications. Their AI-driven platform, Umbo Light, provides real-time alerts while minimizing false alarms from environmental factors such as foliage and weather. Umbo's technology is applicable across diverse environments, including small offices, retail spaces, educational institutions, and large-scale city surveillance systems. The company's innovative approach allows enterprises to manage their security needs through a streamlined, user-friendly system.

Intowow, Inc.

Series A in 2017
Founded in June 2014, Intowow Innovation is devoted to the fundamental innovation of mobile video advertising. All the technology we develop, Distributed Ad Serving Technology, Predictive Pre-fetch Algorithm, Dynamic Media Transcoding Technology, Dynamic Ad Placement, Dynamic Time Variant Video Ad Engaging, 360-degree Panoramic Interactive Video, and more, are to create a premium ad experience for consumers.

KKday

Series A in 2016
KKday is an e-commerce travel platform that offers 10,000+ experiences around the world. It provides a wide breadth of experiences, including theme park tickets, cooking classes, multi-day tours, airport transfers, sim cards, and hidden sights off the beaten path. KKday was incorporated in 2014 and is headquartered in T'ai-pei, Taiwan.

Johomy

Seed Round in 2016
Founded in 2014, Johomy is an online shopping site.

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.

NewsLeopard

Seed Round in 2016
NewsLeopard Technology Co., Ltd. is a newsletter marketing company based in Taipei, Taiwan, specializing in electronic direct mail (EDM) solutions that enhance the return on investment for email marketing campaigns. The company's platform provides a range of services, including personalized email communication, real-time campaign tracking, and subscriber management. Additionally, NewsLeopard focuses on reputation optimization and offers troubleshooting and consulting services for email marketing. The company also conducts onsite training and lectures to help clients maximize the effectiveness of their email marketing strategies.

17Life

Series A in 2016
17Life is Taiwan's top two O2O platform to buy vouchers and Delivery of the two spindles, to meet consumer demand for various aspects of their lifestyles recreation also use original O2O buy Advantage dedicated path across the layout of the ecosystem, and Shin Kong Mitsukoshi, family and other large lion pathways O2O project.

Fast Retain

Seed Round in 2016
Morning Shop was founded in 2015, is committed to provide consumers with carefully selected high-quality cereals from around the world, as well as nuts, dried fruit, honey, jam and other natural without the burden of snacks, light meals for busy modern people to build dynamic, healthy life style. . Core team members with excellent data analysis capabilities, to develop the majority of accurate cereal market, in early 2016, monthly turnover has exceeded 10 million Taiwan dollars, monthly sold 2,000 kilograms, about 4 million boxes of cereal, the cumulative height equivalent to three 101 building, the future is expected to become the largest online via Taiwan cereal commodities.

FashionGuide

Venture Round in 2016
FashionGuide founded in 2008, is Taiwan's largest beauty community platform, while providing a full range of integrated marketing services for the beauty brand, major customers across Europe and America, major international beauty group. FG successfully promoted the world's only beauty product certification mark, since there are thousands of items through market research evaluation unit, which has 360 brands awarded FG privileged mark. In addition, FG 1028 also operates its own and other beauty brand, popular consumer favorite.

Umbo Computer Vision

Seed Round in 2016
Umbo Computer Vision Inc. is a Taiwanese company that specializes in the design and development of cloud-based security cameras. Focused on enhancing operational efficiency and reducing ownership costs, Umbo offers a range of products including the Umbo SmartDome, a self-learning professional cloud camera, and the Umbo SmartBullet, designed for various business and governmental applications. Their AI-driven platform, Umbo Light, provides real-time alerts while minimizing false alarms from environmental factors such as foliage and weather. Umbo's technology is applicable across diverse environments, including small offices, retail spaces, educational institutions, and large-scale city surveillance systems. The company's innovative approach allows enterprises to manage their security needs through a streamlined, user-friendly system.

KKday

Series A in 2016
KKday is an e-commerce travel platform that offers 10,000+ experiences around the world. It provides a wide breadth of experiences, including theme park tickets, cooking classes, multi-day tours, airport transfers, sim cards, and hidden sights off the beaten path. KKday was incorporated in 2014 and is headquartered in T'ai-pei, Taiwan.

EZTABLE

Series C in 2016
EZTABLE is an online restaurant reservation platform founded in Taipei, Taiwan, in April 2008. It is recognized as the largest platform of its kind in Asia, aiming to connect diners with restaurants that match their lifestyle and accommodate various gatherings. The platform facilitates communication between users and restaurants, allowing customers to request preferred seating arrangements, such as a corner or center table, ahead of time. By offering these services at a low subscription fee, EZTABLE enhances the dining experience and streamlines the reservation process for its users.

iCHEF

Series A in 2016
iCHEF build the best restaurant POS in the world, and keep making it better. Believing technology should help but handicap entrepreneurship, iCHEF works with hundreds of restaurants owners to design and deliver POS technology and service that helps every restaurant to prevail in their own way. Turning enterprise level technologies into affordable and understandable for small restaurants, iCHEF is making opening restaurant a better business.

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!

Sudo Inc

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 Taiwan-based company established in 2012 that specializes in creating customized applications for small merchants. The firm caters to both online vendors and brick-and-mortar stores, aiming to bridge online and offline commerce. By utilizing location tracking and data analytics, 91App enables brands to deliver targeted coupons and promotions, thereby increasing customer foot traffic to physical retail locations. The company's focus on tailored solutions positions it as a valuable partner for brands and retailers seeking to enhance their engagement with consumers.

EZTABLE

Series B in 2015
EZTABLE is an online restaurant reservation platform founded in Taipei, Taiwan, in April 2008. It is recognized as the largest platform of its kind in Asia, aiming to connect diners with restaurants that match their lifestyle and accommodate various gatherings. The platform facilitates communication between users and restaurants, allowing customers to request preferred seating arrangements, such as a corner or center table, ahead of time. By offering these services at a low subscription fee, EZTABLE enhances the dining experience and streamlines the reservation process for its users.

uitox

Series B in 2014
uitox corporation provides e-commerce tools for brands and suppliers to build their own online brand stores. It also offers tools to build e-commerce warehouse management, e-commerce logistics, e-commerce payment, embedded shopping cart (in vendors' official sites), e-commerce operation, and cross-border sales services. The company allows brands and suppliers to sell through its own business-to-consumer sites. It serves customers worldwide. The company was founded in 2012 and is based in Taiwan.

Fandora

Series A in 2014
Fandora focus groups operating in Taiwan illustrator, collection, sharing nearly 2,600 Taiwan creator of image creation, the cumulative number of more than 70,000 works, pipeline and marketing resources to provide exposure to the hormone human creators, and open Fandora Shop illustration merchandise ordered brand path to achieve commercialization and the creation of unique images to sell customized merchandise. From the station opened in 2013 so far, has worked with thousands of illustrations, design, artist, providing the more than ten thousand yuan, unique, original design life of goods to the public, so that these creation into people's lives.

Kuo Brothers

Series B in 2014
Kuo Brothers

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.

iChannels

Seed Round in 2013
iChannels is a marketing platform that provides e-commerce, online gaming, financial customers CPA (Cost Per Action), CPS (Cost Per Sale) and CPL (Cost Per List), etc. Performance Marketing ad serving solution, combined with its 50,000 affiliates force to create impressions on the network, reputation and effective flow.

Kuo Brothers

Series A in 2013
Kuo Brothers

Pubgame

Series A in 2013
PubGame is a Web and Mobile Games publishing platform operated by Net Publishing. Net Publishing helps Web and Mobile Games developers and publishers worldwide reach more players and generate more revenue in Southeast Asian markets.  Net Publishing specializes in marketing, distributing and monetizing of games, so that its partners can focus on building the best games.

Migo Corporation

Seed Round in 2013
In 1998 MIGO launched as a company with years of expertise in information technology and computing. Assembled from disparate backgrounds, the Minds of MIGO are experienced leaders from the following disciplines: - Computer Science - Business Intelligence - Marketing Strategy Today they have evolved and implemented applications that incorporate principles of precision algorithms and result in machine learning so the software can learn to think for itself. By integrating commercial, technical and BI data, it spots patterns, predicts results and actually makes marketing recommendations in real time. Actionable customer intelligence drives more revenue for marketers and more satisfaction and engagement for shoppers. Through MIGO's proprietary D.I.E.T. blueprint - Data integration, Intelligence, Engagement & Tracking - you turn data into business opportunities. From campaign to channel to segment to individual shoppers. To date, MIGO has garnered over 600 clients through their unique application of Big Data concepts to the multi-channel retail environment.

Tagtoo

Series A in 2012
Tagtoo is an advertising technology company specializing in digital advertising display technology that targets potential customers across various platforms. By leveraging big data analysis, Tagtoo uncovers consumer behavior patterns and offers personalized advertising recommendations. The company is composed of a skilled programmatic buying team and proficient data scientists, who work collaboratively to develop innovative and effective advertising solutions. Their platform utilizes advanced techniques such as real-time bidding, remarketing, and dynamic product ads, aimed specifically at assisting e-commerce businesses in reaching their target audiences. By simplifying the online advertising process, Tagtoo enhances revenue generation and improves the effectiveness of ad impressions for its clients.

EZTABLE

Series A in 2012
EZTABLE is an online restaurant reservation platform founded in Taipei, Taiwan, in April 2008. It is recognized as the largest platform of its kind in Asia, aiming to connect diners with restaurants that match their lifestyle and accommodate various gatherings. The platform facilitates communication between users and restaurants, allowing customers to request preferred seating arrangements, such as a corner or center table, ahead of time. By offering these services at a low subscription fee, EZTABLE enhances the dining experience and streamlines the reservation process for its users.

Gameape

Seed Round in 2012
GameApe is Taiwan's first dedicated iOS and Android mobile games professional website that offers players a wealth of information, including for the strategies, game evaluation, price information or special reports and the like.