Ascendo Ventures is an early-stage venture capital firm located in Seoul, South Korea, founded in 2018. The firm specializes in investing in innovative companies within sectors such as the internet of things, artificial intelligence, robotics, environmental technology, digital healthcare, food technology, and blockchain. Leveraging strong relationships with Korean research and development hubs and the broader startup ecosystem, Ascendo Ventures has early access to top-tier startups. The primary objective of the firm is to accelerate growth through cross-border business development, fostering collaboration and expansion for its portfolio companies in the dynamic Asian market.
ALDAVER provides incredibly realistic personalized surgical training models using innovative biopolymer materials that closely resemble human tissues and 3D printing technology.
H Energy
Series C in 2024
H Energy provides optimal operation of distributed resources and power brokerage services.
Ugly Lab
Seed Round in 2024
Ugly Lab is a waste-tech startup that provides subscription-based waste collection services and consulting.
Innohas
Series A in 2024
Innohas is a food technology startup focused on the research, development, production, and distribution of alternative meat products. By utilizing vegetables and animal protein, the company aims to provide safe and delicious alternatives to traditional meat. Innohas is dedicated to promoting a sustainable diet that protects both the environment and animal welfare, enabling customers to adopt an alternative meat diet.
Lattice
Seed Round in 2024
Lattice is a multiple saas platform to become an irreplaceable service.
AIS Korea
Seed Round in 2023
AIS analyzes field data (meteorology, cutting, range, neighborhood technology) to predict and develop predictive decisions in advance of various causes of cutting stress (water damage, groups, pests, etc.).
CloudHospital
Seed Round in 2023
CloudHospital, founded in Seoul, South Korea, operates an online platform designed to assist patients in locating the best medical providers globally. The platform enables users to compare healthcare professionals' services and fees, simplifying the search for appropriate medical solutions, whether for complex surgeries or routine checkups. With a commitment to connecting patients with top-tier hospitals and clinics, CloudHospital facilitates access to experienced doctors across various specialties. The services are available in multiple languages, including English, Chinese, and Russian, ensuring a wide reach. Additionally, CloudHospital supports its users with 24/7 customer service, enhancing the overall experience for patients seeking medical care worldwide.
Enerzai
Series A in 2023
ENERZAi is an artificial intelligence technology company based in Seoul, South Korea, that specializes in developing solutions for the oil and gas engineering sector. The company focuses on autonomous drilling systems, providing technology for supervising, monitoring, and controlling physical processes with real-time capabilities. In addition to this, ENERZAi offers services related to microcontroller units, central processing units, and application processors, facilitating AI applications in smart sensors, wearable devices, and robotics. Their technology aims to help clients transition from costly GPU instances, while optimizing model size, inference time, and operational costs.
Eastech
Seed Round in 2022
Eastech is a company that specializes in the research and development of drug substance candidates using 3D structural information analysis.
Gentle Energy
Series A in 2022
Gentle Energy is a company focused on developing self-powered sensors that facilitate real-time monitoring of machinery and processes. By utilizing wireless sensors, the company collects data from machinery, which is then analyzed using artificial intelligence. This analysis provides expert advice and feedback to clients, helping them optimize the output and efficiency of aging machinery. Additionally, Gentle Energy offers an operation intelligence streaming service that enhances profit margins by 20%, demonstrating its commitment to improving operational efficiency and profitability for its clients.
Pigeon
Seed Round in 2022
Pigeon is an interpersonal finance app that makes it easier for anyone to create and keep track of loans with others. The leading solution for interpersonal loans, Pigeon is the smartest way to lend money to friends, family, and loved ones. Pigeon is helping millions around the world by providing everyday people with customizable technology and personalized education that eases the emotional pains of lending and borrowing money between individuals who care about each other. Pigeon was founded by Brian Bristol in 2020 and is based in Miami, Florida.
CloudHospital
Seed Round in 2022
CloudHospital, founded in Seoul, South Korea, operates an online platform designed to assist patients in locating the best medical providers globally. The platform enables users to compare healthcare professionals' services and fees, simplifying the search for appropriate medical solutions, whether for complex surgeries or routine checkups. With a commitment to connecting patients with top-tier hospitals and clinics, CloudHospital facilitates access to experienced doctors across various specialties. The services are available in multiple languages, including English, Chinese, and Russian, ensuring a wide reach. Additionally, CloudHospital supports its users with 24/7 customer service, enhancing the overall experience for patients seeking medical care worldwide.
Blue Wale Company Co.
Seed Round in 2022
Blue Wale Company is a software application that provides store rental spaces and luggage storage reservation services.
Allo
Seed Round in 2021
Allo is a developer of a visual workspace platform aimed at improving collaboration among internal teams and external partners. The platform is designed to adapt to various workflows, facilitating activities such as brainstorming, project management, and team alignment. By leveraging technology, Allo offers a unique collaboration experience that includes web-based invitations and the integration of features from other applications. This approach enables organizations to enhance communication and cooperation among their teams, ultimately leading to more effective collaboration.
FunNow
Series B in 2021
FunNow is a leading lifestyle booking platform in Greater Southeast Asia, revolutionizing access to leisure and entertainment services. The platform offers on-demand bookings for dining, wellness, beauty, and accommodations, catering to the needs of modern consumers with convenience and efficiency. Operating in seven countries—Taiwan, Singapore, Hong Kong, Malaysia, Thailand, the Philippines, and Japan—FunNow encompasses four brands: FunNow, Eatigo, Niceday, and SaaS. With over 10,000 merchants and a rapidly growing user base of 8 million, FunNow creates a diverse ecosystem of curated lifestyle experiences. The company provides more than 20,000 instant booking options across various leisure and entertainment sectors, including travel, dining, and wellness services. By leveraging AI-powered yield management and digital transformation, FunNow enhances operational efficiency for service retailers while improving the overall customer experience. As it continues to expand, FunNow is dedicated to reshaping how people enjoy their leisure time.
Mate Eye
Series A in 2021
Mate Eye is a travel platform that provides integrated online and offline services related to travel.
N.thing
Series B in 2021
N.THING, based in Ansan-si, South Korea, is an Agri-Food tech company founded in January 2014 that innovates within the farm-to-table food value chain by integrating IoT technology and data. The company is known for developing the world’s first modular vertical farm, called the CUBE, which offers mass productivity and an optimized environment for various crops through a dedicated operating system. N.THING also offers additional products such as SQUARE, a modular hydroponic kit, and Planty, the first Internet-connected social pot, which enhances the gardening experience by allowing users to monitor environmental conditions and share their plant care activities. With a focus on connecting people to nature and leveraging technology for efficient farming, N.THING has received notable awards, including the iF Design Award and Best of Innovation at CES 2020. The company is expanding its operations globally, aiming to enhance its presence in markets such as North America and the U.A.E.
Blue Wale Company Co.
Seed Round in 2021
Blue Wale Company is a software application that provides store rental spaces and luggage storage reservation services.
Chung Dae Jung
Seed Round in 2021
Chung Dae Jung is a retailer and distributor of meat products.
Adoba
Series A in 2021
Adoba provides video production, distribution, marketing, and consulting services.
RXC
Seed Round in 2021
RXC is a startup that creates a differentiated next-gen media commerce platform that helps brands succeed.
CloudHospital
Seed Round in 2021
CloudHospital, founded in Seoul, South Korea, operates an online platform designed to assist patients in locating the best medical providers globally. The platform enables users to compare healthcare professionals' services and fees, simplifying the search for appropriate medical solutions, whether for complex surgeries or routine checkups. With a commitment to connecting patients with top-tier hospitals and clinics, CloudHospital facilitates access to experienced doctors across various specialties. The services are available in multiple languages, including English, Chinese, and Russian, ensuring a wide reach. Additionally, CloudHospital supports its users with 24/7 customer service, enhancing the overall experience for patients seeking medical care worldwide.
Buy & Us
Seed Round in 2020
Buy & Us is a a healthcare professional solution.
ONE DO
Seed Round in 2020
ONE DO is a community marketplace that connects cafes, manufacturers, and consumers.
Mommaeat
Series A in 2020
Mommaeat is a Korea based O2O shopping mart.
Allo
Seed Round in 2020
Allo is a developer of a visual workspace platform aimed at improving collaboration among internal teams and external partners. The platform is designed to adapt to various workflows, facilitating activities such as brainstorming, project management, and team alignment. By leveraging technology, Allo offers a unique collaboration experience that includes web-based invitations and the integration of features from other applications. This approach enables organizations to enhance communication and cooperation among their teams, ultimately leading to more effective collaboration.
Loship
Series B in 2019
Lozi operates an e-commerce platform, Loship, that provides a diverse range of one-hour delivery services in Vietnam. Designed to meet the demands of modern urban life, Loship offers services such as food and grocery delivery, ride-hailing, laundry, medicine, beauty products, flower delivery, and B2B supply delivery. With a fleet of over 70,000 drivers and partnerships with 200,000 merchants, Lozi serves nearly 2 million customers in major cities including Hanoi, Ho Chi Minh City, Da Nang, and Can Tho. The platform aims to facilitate quick and efficient connections between buyers and sellers, catering to the growing preference for immediate delivery in the e-commerce landscape.
ROKIT Healthcare
Series B in 2019
ROKIT Healthcare specializes in advanced bio-printing technology, providing hardware, software, and application support for the design and creation of three-dimensional systems. The company focuses on developing custom fabrication technologies that enable hyper-personalized medical solutions for organ regeneration, specifically targeting the regeneration of skin and cartilage through surgical applications. By leveraging artificial intelligence and proprietary bio-fabrication techniques, ROKIT Healthcare aims to enhance tissue engineering and regenerative medicine, ultimately improving health outcomes and quality of life for patients. Their innovative approach allows physicians to utilize bioprinting platforms effectively, advancing research and clinical capabilities in the medical field.
Top Fund
Series A in 2019
Top Fund is a P2P financial company
WeddingBook
Venture Round in 2019
WeddingBook helps users find the wedding reception sites, hotels for wedding guests, caterers, photographers, florists, bands, DJ's, videographers, dresses, cakes and other vendors to make wedding planning simple and wedding reception perfect.
Ative
Series A in 2019
ATIVE is an online fashion curation platform based in Seoul, South Korea, specializing in street fashion and designer branded goods. Founded in 2017, the company offers a diverse range of products, including apparel such as t-shirts, jackets, and beach wear, as well as accessories, bags, luggage, shoes, and beauty products for both men and women. By curating a selection of high-end luxury goods alongside trendy streetwear, ATIVE caters to a wide array of consumer preferences in the fashion and lifestyle sectors.
TEN
TEN Inc. provides an MLops platform (AI workload orchestration) for efficient operation of AI infrastructure.
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