Darwin Management

Darwin Venture Management is a venture capital firm established in 2009 and headquartered in Taipei, Taiwan, with additional offices in Hsinchu and the United States. The firm focuses on investing in various sectors, including biotechnology, software, consumer goods, materials and equipment, semiconductors, communication, and surveillance, particularly targeting opportunities in Taiwan and Silicon Valley. Over the years, Darwin has managed eight funds, with a recent emphasis on Series A/B, late-stage, and secondary investments. In 2022, the firm expanded its portfolio by launching an evergreen angel fund to support promising early-stage teams, especially those emerging from Taiwan's distinguished academic and research institutions. The combination of cross-stage investment strategies and a technically proficient team distinguishes Darwin in the venture capital landscape.

Simon Fang Ph.D

Co-Founding Partner

Kazuaki Konno

Venture Partner

Kay Lin

Managing Partner

Jason Lu

Investment Director

Wei-Hsuan Tang

Principal

Steven Teng

Vice President

Yeou-Jyh Tsai Ph.D

Partner

YJ Tsai

Partner

Yao-Ting Wang Ph.D

Co-Founding Partner

Emily Wu

Partner

Past deals in Taiwan

KKday

Venture Round in 2024
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.

KKday

Funding Round in 2023
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.

Profet AI

Series A in 2023
Profet AI, founded in Taiwan, specializes in manufacturing AI software by offering a no-code AutoML platform designed for industry and IT experts. This platform allows users to quickly build and deploy high-quality predictive models, addressing challenges in production and digital transformation. Furthermore, Profet AI features the world's first manufacturing AI lifecycle management platform, which has gained traction among leading companies in various sectors, including electronic manufacturing services, semiconductor packaging, printed circuit board design, and materials solutions. By leveraging successful case studies from prominent industry players, Profet AI enables its customers to implement AI solutions rapidly, often within a week, thereby accelerating digital innovation and enhancing operational efficiency in the manufacturing sector.

KKday

Series C in 2022
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.

Zuvio

Funding Round in 2022
Zuvio is a developer of a comprehensive educational platform aimed at enhancing the college experience for students. The company offers a cloud and mobile-based interactive classroom solution known as Zuvio IRS, which facilitates various educational activities such as online roll calls, homework submissions, and collaborative group projects. Additionally, Zuvio has established Zuvio Campus, a cross-campus social networking service that fosters communication among students. With a focus on integrating technology into campus life, Zuvio has successfully captured over 50% of the market share in Taiwan, positioning itself as a key player in the educational technology sector. The company's mission is to create a virtual campus that addresses students' everyday needs while serving as a vital communication channel between enterprises and college students.

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.

iWEECARE

Seed Round in 2020
iWEECARE, founded in Taipei, Taiwan in 2014, specializes in the development of innovative temperature monitoring solutions for infants. The company has created the Temp Pal®, a smart wearable thermometer patch designed to continuously measure and analyze a baby's body temperature. By collaborating with electronics manufacturers and utilizing advanced technology, iWEECARE aims to provide a user-friendly product that enhances the experience of temperature monitoring for parents and caregivers. The Temp Pal® not only offers real-time data but also generates alerts, ensuring that caretakers can easily monitor their child's health with greater convenience and reliability. Driven by a team of parents and expecting couples, iWEECARE is committed to addressing the challenges associated with monitoring infant temperatures, ultimately easing the worries of caregivers.

KKday

Series C in 2020
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.

AsiaYo

Convertible Note in 2020
AsiaYo, founded in June 2013 and based in Taipei, is an online room booking platform that allows users to discover over 60,000 uniquely designed accommodations across 60 cities in Taiwan, Japan, Korea, Thailand, and Hong Kong. The platform connects local hosts with international travelers, enabling hosts to monetize their unused spaces. AsiaYo differentiates itself by offering promotional discounts and special coupons while imposing no service fees, allowing travelers to access accommodations that often surpass traditional hospitality standards at competitive prices. This approach not only enhances the travel experience but also supports local economies by promoting unique lodging options.

iWEECARE

Seed Round in 2019
iWEECARE, founded in Taipei, Taiwan in 2014, specializes in the development of innovative temperature monitoring solutions for infants. The company has created the Temp Pal®, a smart wearable thermometer patch designed to continuously measure and analyze a baby's body temperature. By collaborating with electronics manufacturers and utilizing advanced technology, iWEECARE aims to provide a user-friendly product that enhances the experience of temperature monitoring for parents and caregivers. The Temp Pal® not only offers real-time data but also generates alerts, ensuring that caretakers can easily monitor their child's health with greater convenience and reliability. Driven by a team of parents and expecting couples, iWEECARE is committed to addressing the challenges associated with monitoring infant temperatures, ultimately easing the worries of caregivers.

AsiaYo

Series B in 2018
AsiaYo, founded in June 2013 and based in Taipei, is an online room booking platform that allows users to discover over 60,000 uniquely designed accommodations across 60 cities in Taiwan, Japan, Korea, Thailand, and Hong Kong. The platform connects local hosts with international travelers, enabling hosts to monetize their unused spaces. AsiaYo differentiates itself by offering promotional discounts and special coupons while imposing no service fees, allowing travelers to access accommodations that often surpass traditional hospitality standards at competitive prices. This approach not only enhances the travel experience but also supports local economies by promoting unique lodging options.

Microlife

Venture Round in 2018
Microlife develops and manufactures medical diagnostic equipment for both institutional and home use. Its product portfolio includes blood pressure monitors, digital thermometers, asthma monitoring devices, and heating pads.

FunNow

Series A in 2018
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.

Zuvio

Funding Round in 2018
Zuvio is a developer of a comprehensive educational platform aimed at enhancing the college experience for students. The company offers a cloud and mobile-based interactive classroom solution known as Zuvio IRS, which facilitates various educational activities such as online roll calls, homework submissions, and collaborative group projects. Additionally, Zuvio has established Zuvio Campus, a cross-campus social networking service that fosters communication among students. With a focus on integrating technology into campus life, Zuvio has successfully captured over 50% of the market share in Taiwan, positioning itself as a key player in the educational technology sector. The company's mission is to create a virtual campus that addresses students' everyday needs while serving as a vital communication channel between enterprises and college students.

M31 Technology

Venture Round in 2017
M31 Technology is a silicon IP provider that designs and licenses IP blocks for semiconductor development. The company offers standard cell libraries, general and specialized I/O libraries, high level ESD cells, memory compilers, high-speed interface IP, and analog IP, along with related solutions. It focuses on differentiated IP that helps customers shorten design cycles, reduce manufacturing costs, and enhance product competitiveness. M31 Technology collaborates with leading semiconductor firms to validate and integrate IP across multiple processes, emphasizing interoperability and performance. Founded in 2011 and headquartered in Zhubei, Taiwan, the company serves customers worldwide by delivering ready-to-use IP blocks that accelerate time to market.

17Live

Venture Round in 2017
17LIVE Inc. is a live streaming platform that operates primarily in Taiwan, Japan, South Korea, Singapore, and Hong Kong. Founded in 2015 and headquartered in New Taipei City, Taiwan, the company offers its live streaming services under the 17 Media brand. Additionally, it provides online dating services through its Paktor and Goodnight brands. The platform enables users to share their life experiences and talents in real-time, fostering social connections and community engagement. 17LIVE aims to facilitate instant audio and video communication, allowing users to connect with others globally, regardless of their location. The company, which was formerly known as M17 Entertainment Limited, rebranded to 17LIVE Inc. in October 2020.

AsiaYo

Series A in 2017
AsiaYo, founded in June 2013 and based in Taipei, is an online room booking platform that allows users to discover over 60,000 uniquely designed accommodations across 60 cities in Taiwan, Japan, Korea, Thailand, and Hong Kong. The platform connects local hosts with international travelers, enabling hosts to monetize their unused spaces. AsiaYo differentiates itself by offering promotional discounts and special coupons while imposing no service fees, allowing travelers to access accommodations that often surpass traditional hospitality standards at competitive prices. This approach not only enhances the travel experience but also supports local economies by promoting unique lodging options.

WinWay Technology

Venture Round in 2014
WinWay Technology is a manufacturer and supplier of integrated circuit (IC) testing interfaces, catering to sectors such as semiconductors, optical technology, information technology, and optoelectronics. The company specializes in producing high-performance products, including test sockets, contact elements, probe cards, and heat sink lids. Test sockets are a significant source of revenue for the company. WinWay Technology has a global presence, with operations in Taiwan, America, China, Asia, Europe, and Canada, and generates a substantial portion of its revenue from the Chinese market.

StorySense Computing

Seed Round in 2013
StorySense Computing, Inc. is a software company based in Taipei City, Taiwan, founded in 2009. It specializes in artificial intelligence, focusing on developing applications that utilize linguistic analysis and story understanding to help users navigate and comprehend vast amounts of information from the web. The company's flagship product, WhatsTheNumber, launched in 2010, revolutionizes the yellow pages experience by allowing users to find services and contact information in a streamlined manner. This mobile application serves a global audience, integrating data from over 100 countries and simplifying the search process to three simple steps: search, dial, and talk. Through its innovative technologies, StorySense aims to create accessible and user-friendly solutions that enhance the way individuals interact with information.

Hycon Technology

Venture Round in 2012
Hycon Technology Corporation is a prominent fabless chip-design company headquartered in Taipei, Taiwan. It specializes in analog circuit design and focuses on high-performance data converter technology. The company develops and offers a range of integrated solutions, including mixed-signal microcontroller units, battery management integrated circuits, and touch panel integrated circuits. Hycon Technology's products serve various applications, particularly in battery management, instrumentation, and industrial control sectors. With a significant portion of its revenue generated from China, the company also maintains a sales and field application engineering support team in Shenzhen, enhancing its operational reach in the region and beyond.

Clientron

Venture Round in 2012
Clientron Corp. is a global provider of integrated embedded solutions, specializing in designing, manufacturing, and supplying a range of products including thin client solutions, point-of-sale (POS) systems, automotive electronics, and embedded computing solutions. Founded in 1983 and headquartered in New Taipei City, Taiwan, the company also offers after-sales services to support its product lines. Clientron's diverse offerings cater to various industries, emphasizing intelligent Internet of Things (IoT) client solutions.

Amulaire Thermal Technology

Venture Round in 2010
Amulaire Thermal Technology is a Taiwan-based developer and manufacturer of thermal management solutions for power electronics and related devices. The company designs and produces cooling components such as cold plates, vapor chambers, and AlSiC base plates, as well as thermal modules, inverter cooling modules, and heat dissipation systems, with customized options tailored to specific requirements. Its products support applications in hybrid and electric vehicles, wind turbines, servers, graphics cards, power amplifiers, and high-power LEDs, and it provides subsystem or system-level solutions. The organization serves markets globally through its manufacturing and engineering capabilities in Taiwan and the United States, reflecting an emphasis on high-performance cooling for demanding electronic systems and industrial equipment.

Quantek

Seed Round in 2008
Quantek, Inc. specializes in the design and development of radio-frequency integrated circuits, focusing on wireless communication technologies. Established in 2003 and headquartered in New Taipei City, Taiwan, the company produces radio-frequency silicon tuners that facilitate broadband TV video display across various applications, including cable and terrestrial set-top boxes, digital televisions, personal computers, and in-vehicle display devices. Additionally, Quantek develops Digital Audio Broadcasting solutions applicable to devices such as clock radios, kitchen radios, CD microsystems, iPod/iPhone docking systems, and USB/SD players. Through its innovative products, Quantek provides comprehensive digital broadcast solutions for enterprises and manufacturers in the communication sector.

U-media

Venture Round in 2007
U-MEDIA Communications, Inc. is a Taiwan-based company specializing in wireless broadband and IoT streaming solutions. Founded in 2004 and headquartered in Hsinchu, the company offers a range of products, including 4G networking devices such as the ERT-50 and WWR-60, as well as Wi-Fi solutions like the dual-band WST-C4 range extender and tri-band WRT-C9 router. U-Media also develops intelligent streaming devices, including the HCA-12 music player and the HCA-08 streaming alerts device. The company focuses on delivering enterprise-grade and in-vehicle M2M devices, leveraging a skilled engineering team to maintain a competitive edge in the industry. U-Media's commitment to innovation and quality has helped it secure a strong position among top-tier channel customers in Taiwan's telecommunications sector.
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