ParticleX

ParticleX is a technology-focused startup accelerator and venture capital firm established in 2017 and headquartered in Shenzhen, with operations in Hong Kong. The firm specializes in investing in emerging technology sectors, including big data, artificial intelligence, the Internet of Things, blockchain, and robotics. By identifying and supporting innovative startups, ParticleX aims to foster growth and development in these cutting-edge industries.

Ringo Lam

Founding Partner

25 past transactions

Finquest

Seed Round in 2022
Finquest is a platform specializing in mergers and acquisitions as well as direct investments, focusing on middle-market opportunities in Asia. Established in 2016 by Antoine Denaiffe, Tanguy Lesselin, Gerard Belicha, and Jerome Pinneau, Finquest utilizes a comprehensive database of 650,000 organizations and a proprietary algorithm to facilitate targeted introductions. The platform aims to streamline the process for clients seeking new investment opportunities by connecting them with relevant institutional investors and potential acquirers. Through its emphasis on big data and artificial intelligence, Finquest enhances the efficiency of mid-market deal-making by providing curated connections, ultimately supporting corporate buyers in their investment endeavors.

Avant Meats

Venture Round in 2022
They focus on technology, commercial product innovation, and branding as well as intellectual property portfolio building in the area of ‘cell-based’ animal protein food products.

MotionsCloud

Seed Round in 2022
MotionsCloud UG, founded in 2016 and based in Mannheim, Germany, specializes in developing mobile and AI-driven solutions for claims adjustment in the insurance sector. The company utilizes computer vision technology to analyze property and vehicle damage, significantly streamlining the claims process for insurers, loss adjusters, and customers. By automating damage detection and assessment, MotionsCloud reduces the average claim cycle time from 10 days to just 3 hours and can lower processing costs by up to 75%. Its features include real-time estimations, remote claims settlement, and enhanced fraud detection, which collectively improve productivity and customer satisfaction. MotionsCloud has established partnerships with insurance companies across the United States, Europe, and Southeast Asia.

Crown Digital

Seed Round in 2022
Developer of an automated robotic barista designed to serve coffee. The company offers artificial intelligence (AI) enabled, autonomous, contactless coffee serving machines that operate through machine learning and data analytics, helping the food and beverage industry in eliminating its manpower and cost problems.

Homeppl

Seed Round in 2021
Homeppl, Ltd. is a London-based company that offers an innovative platform designed to enhance the rental process for both tenants and landlords. Founded in 2016, Homeppl provides a digital rental resume for renters through its Homeppl Smart Profile, which allows landlords to assess risk more effectively and approve suitable candidates. The platform leverages open banking and advanced algorithms to analyze financial behavior, ensuring a thorough evaluation of tenants' transactional abilities. This helps clients increase revenue, streamline credit underwriting, and mitigate fraud risks. With a diverse team representing 24 nationalities and speaking over 17 languages, Homeppl is dedicated to improving financial access and ensuring fair rental terms for all parties involved.

Gense Technologies

Seed Round in 2021
Gense Technologies is a biotech startup developing state-of-the-art technology for their patented hand-gesture recognition smartwatch. The technology has a wide range of applications including sign language to voice translation for deaf and mute users, medical diagnostics, VR/AR gaming control, smartphone and smart home control. Their company is a Cyberport incubatee, Top 9 of Alibaba Jumpstarter in Advanced Technologies, HKU Dreamcatchers Grand Prize Winner, and the Hong Kong winner of the Asia Social Innovation Challenge. Their founders are PhDs and researchers with academic backgrounds in Stanford, Cambridge, HKU and HKUST.

imBee

Seed Round in 2021
imBee Limited is a Hong Kong-based company established in 2019 that specializes in enhancing business communication through instant messaging platforms. The company provides a comprehensive WhatsApp Contact Center that features multi-user and multi-number capabilities, a ticketing system, access control, and chatbot functionalities. Additionally, imBee offers tools for reporting, subscription management, broadcasting, invoicing, payment processing, and API integration. The company's solutions are designed to optimize communication efficiency and improve customer relationships by leveraging artificial intelligence for workflow automation. By enabling enterprises to manage customer communication, sales, and support in a unified platform, imBee helps businesses streamline their operations and recover lost sales while catering to customer preferences through dynamic engagements.

Custonomy

Seed Round in 2021
Custonomy is a provider of a security platform that enhances the protection of digital assets, particularly in the realms of cryptocurrency and NFTs. The company specializes in enterprise key management solutions that incorporate advanced cryptographic technologies, ensuring robust security measures are in place. By offering granular access control, Custonomy not only strengthens digital asset security but also empowers enterprises to innovate and deliver value-added customer services. This approach enables businesses to adapt to the fast-paced changes in the digital landscape while maintaining the integrity and safety of their assets.

Alpha'a

Seed Round in 2021
Alpha'a, Inc. is an online retail platform based in New York that specializes in connecting companies with visual arts through a business-to-business (B2B) marketplace. Established in 2014, Alpha'a addresses the challenges of sourcing art for commercial spaces by offering a wide range of customizable art pieces without holding inventory. The platform allows artists from around the world to license their artwork and facilitates dropshipping of limited edition prints across three continents. This innovative approach enables businesses to access quality art at competitive prices, enhancing their design concepts. With a significant addressable market in the interior and hospitality sectors, Alpha'a leverages its global reach to create a steady revenue stream for artists and art institutions. The company differentiates itself by providing customizable solutions that meet the specific needs of clients, ensuring that each artwork purchased includes perpetual copyright. Led by experienced professionals with extensive backgrounds in finance and the art market, Alpha'a aims to revolutionize the way businesses procure art while supporting creators globally.

viACT

Seed Round in 2021
viACT is a company that specializes in computer vision technology aimed at enhancing safety and productivity in the construction and manufacturing sectors. By developing applications that track site activities and monitor compliance with safety measures, viACT enables clients to identify potential hazards and streamline their processes. The technology helps reduce accidents and improve overall efficiency, making it an essential tool for companies looking to enhance workers' safety and operational performance. Through its commitment to innovation, viACT actively engages with the construction and manufacturing communities to share technological advancements and ongoing efforts in these fields.

Model Medicines

Pre Seed Round in 2021
Model Medicines is a company focused on accelerating drug development through the integration of human expertise and artificial intelligence. Utilizing its ActivPred AI Drug Discovery Platform, Model Medicines applies machine learning to model chemistry and human biology, which facilitates the discovery of therapeutics that can be repositioned for treating complex diseases. The company has developed a robust pipeline of patent-pending therapeutics targeting various medical conditions, including oncology, infectious diseases, neurological disorders, and gastric disorders. By leveraging drug development data alongside advanced AI techniques, Model Medicines aims to expedite the clinical trial process, allowing new drugs to enter trials within a matter of months, thereby enhancing the efficiency and effectiveness of drug development for healthcare institutions.

Avant Meats

Seed Round in 2020
They focus on technology, commercial product innovation, and branding as well as intellectual property portfolio building in the area of ‘cell-based’ animal protein food products.

Hypotenuse

Seed Round in 2020
Hypotenuse automatically generates copywriting for e-commerce companies, including product descriptions, advertising text, and blog posts. Hypotenuse generates high-quality copy automatically for a variety of purposes and they claim switching to their system boosts engagement by double digits.

Vista InnoTech

Seed Round in 2020
Vista InnoTech is a startup focused on advancing anti-shaking technology through its patented Micro Gimbal Stabilizer (MGS). This innovative solution enhances video stability and photo quality, particularly in low-light and shaky conditions. The company’s technology integrates advanced mechanical, electronic, and software designs, making it suitable for various applications, including action cameras, artificial intelligence face recognition systems, body-worn cameras, car camcorders, drones, robots, and smartphones. With over 50 pending patents, Vista InnoTech is positioned to significantly impact the camera industry by offering superior anti-shaking performance and a wide field of view. The company is also a member of the LEAP and Incu-Tech Programmes at the Hong Kong Science Park, indicating its commitment to growth and innovation in technology.

Z Imaging Inc

Seed Round in 2020
Zeta Surgical, founded in 2016 and based in Boston, Massachusetts, specializes in developing a surgical navigational platform that utilizes augmented reality technology. This innovative platform enhances surgical procedures through features such as markerless registration, instrument tracking, and comprehensive procedure planning. By providing advanced image guidance, Zeta Surgical aims to improve the safety and accuracy of surgeries, catering to the needs of high-precision medical tasks.

Butlr

Seed Round in 2020
Butlr Technologies Inc. develops a wireless sensor system that captures and transmits real-time data on human movement and behavior in various environments, particularly in retail and hospitality. Founded in 2019 and based in Burlingame, California, Butlr's technology combines proprietary hardware with advanced artificial intelligence to analyze location and duration data, translating it into insights about consumer preferences and behaviors. The company's low-cost thermal imaging system gained attention during the coronavirus pandemic as a tool to protect the health of employees and customers. Unlike traditional cameras, Butlr's sensors detect unique biometric heat signatures, allowing for privacy-preserving monitoring while enabling businesses to optimize their spaces. This technology has broader implications, with a vision for responsive architecture that adapts environments based on real-time data, potentially enhancing urban infrastructure by predicting and responding to dynamic conditions such as pedestrian traffic and weather changes.

RaSpect

Series A in 2020
RaSpect Intelligence Inspection Limited operates as an artificial intelligence (AI) powered building architecture inspection company. It assesses potential risks of architectures and calculates degree of damage through satellite data for macroscopic inspection, micro-detection by using built-in Internet of things (IoT) sensors, and automatic inspection through drones. RaSpect Intelligence Inspection Limited was founded in 2017 and is based in Mong Kok, Hong Kong.

Dayta AI

Seed Round in 2020
Dayta AI Limited is a Hong Kong-based software company that specializes in providing data analytics and artificial intelligence solutions to brick-and-mortar retailers. Founded in 2018, the company develops cloud-based retail analytics software designed to empower offline retailers through innovative data insights. Its primary product, Cyclops, utilizes machine learning and big data technologies to analyze real-time data from any RTSP-connected camera. This solution leverages artificial intelligence and facial recognition technology to track consumer behavior, including facial expressions and in-store activities, allowing clients to gain a deeper understanding of customer interactions and optimize their retail operations.

Spaceship

Pre Seed Round in 2020
Spaceship operates a mobile logistics application based in Hong Kong that allows users to easily compare and book both domestic and international courier shipments online. The platform streamlines the shipping process, enabling users to complete bookings in just four steps. By comparing freight rates from major international express services, Spaceship helps individuals and small businesses find the most suitable courier service at competitive prices. The application also offers features such as automatic generation of shipping labels and commercial invoices, as well as comprehensive shipment tracking, thereby optimizing the logistics experience for its users.

ANIWARE

Seed Round in 2019
Developer and provider of data analytics platform and bio-sensing technology intended to empower pet owners to care for their loved ones with timely, actionable insights. The company's technology break the communication barrier between pets and owners, anytime, anywhere, and bring actionable insights right to the fingertips of pet owners, enabling pet owners to track their pets and learn about their behavior, mood, and habits.

Lexset

Pre Seed Round in 2019
Lexset.ai LLC specializes in developing artificial intelligence-based visual search tools for the interior design and furniture industries. Its flagship product, LexSet Visual Search, allows customers and designers to input images, identify objects within those images, and receive product recommendations to achieve desired aesthetics. Additionally, Lexset offers LexSet NextGen Tools, which include a mobile cross-platform software development kit that supports real-time object recognition and 3D tracking, as well as a data engine that generates training sets using 3D visualization and simulation technologies. This suite of tools is designed to enhance the capabilities of furniture and home supply retailers, helping them leverage augmented reality and artificial intelligence to boost sales. Founded in 2017 and based in Brooklyn, New York, Lexset aims to provide innovative solutions that streamline the design process and improve product discovery.

Move It Fitness

Series A in 2019
Move It Fitness is the World's First Mobile Connected Smart Home Gym

Move It Fitness

Series A in 2019
Move It Fitness is the World's First Mobile Connected Smart Home Gym

BiiLabs

Seed Round in 2019
BiiLabs Co., Ltd. is a technology-driven software company based in Taipei, Taiwan, that specializes in Blockchain-as-a-Service (BaaS) solutions. The company focuses on providing distributed ledger technology (DLT) tailored for industrial applications, particularly in the Internet of Things (IoT), mobility, and energy sectors. BiiLabs aims to position itself as a leading service provider in the DLT space, offering components and services that support efficient and innovative applications. Its offerings include DLT as a Service and DLT Ready modules compatible with emerging technologies like 5G and NB-IoT.

ANIWARE

Pre Seed Round in 2016
Developer and provider of data analytics platform and bio-sensing technology intended to empower pet owners to care for their loved ones with timely, actionable insights. The company's technology break the communication barrier between pets and owners, anytime, anywhere, and bring actionable insights right to the fingertips of pet owners, enabling pet owners to track their pets and learn about their behavior, mood, and habits.
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