Rekanext

Rekanext is a venture capital firm established in 2017, with headquarters in Singapore and an additional office in Jakarta. The firm focuses on mentoring early-stage startups, particularly those in the digitization sector, by leveraging the extensive experience of its partners in technology, fund management, and finance. Rekanext aims to foster the growth of innovative companies that offer creative technologies capable of enhancing lives and lifestyles. By collaborating closely with founders, the firm seeks to share valuable knowledge, experience, and networks, facilitating the development of sustainable businesses poised for expansion in key Asian markets.

Azmoon Ahmad

Founding Partner

Alwi Hafiz

Founding Partner

Akbar Kader

Founding Partner

Ambar Machfoedy

Managing Partner

Chee Yeow Meng

Venture Partner

Vincent Oh

Venture Partner

Zhulkarnain Rahim

Founding Partner

Inderjit Singh

Venture Partner

Wahab Yusoff

Founding Partner

Yaacob Ibrahim Ph.D

Chairman

Guan Hong Tan Ph.D

Technology Partner and Venture Partner

8 past transactions

SEPPURE

Seed Round in 2019
Up to 15% of the world’s total energy is spent on industrial-scale chemical separations. This is economically and environmentally inefficient. SEPPURE is disrupting the energy-intensive chemical separation processes, such as distillation and evaporation, through the introduction of novel chemical-resistant nanofiltration membranes. SEPPURE’s sustainable process does not use heat, thus lowering global energy use, emissions, and pollution substantially.

Halofina

Seed Round in 2018
Halofina is a mobile app that helps young professionals to achieve their future need by giving them investment recommendation and portfolio tracking.

Qiscus

Funding Round in 2018
Qiscus is a multichannel conversational platform specializing in chat and call technologies for mobile and websites. The platform integrates and centralizes all conversations coming in from various channels, including those from mainstream chat apps such as WhatsApp, LINE, FB Messenger, etc. It builds chat SDK to help businesses enabling conversations through real-time communication (RTC) technologies. Qiscus enables clients to power up a highly scalable more than 10 million concurrencies and reliable chat within their own applications. It was founded in 2013 and is based in Singapore.

AVANA

Funding Round in 2018
AVANA is a Facebook and mobile commerce application that simplifies the selling and buying process online. It makes stock management, tracking, and reporting a breeze. It also removes friction of buying from the online sellers

iGrow

Funding Round in 2018
iGrow is a marketplace based in Indonesia that focuses on connecting under-employed farmers and under-utilized land to foster the production of organic food and sustainable incomes. The company utilizes cloud-based agricultural management software to facilitate the growth of various crops, including olive, durian, peanut, banana, avocado, date palm, and longan. By integrating resources and providing a system for monitoring plantation growth, iGrow supports the entire process from seed planting to harvest. It operates by linking farmers, landowners, and investors, allowing for direct sales of crops to customers, similar to a highly networked supermarket. Investors in iGrow can expect revenue sharing opportunities ranging from 13% to 24% annually, making it an attractive option for those looking to support sustainable agriculture while generating returns.

MicroSec

Seed Round in 2018
MicroSec Pte Ltd. is a cybersecurity company based in Singapore, specializing in security solutions for Internet of Things (IoT) and operational technology devices. Founded in 2016, MicroSec focuses on providing enterprise-grade security capabilities, integrating advanced authentication, encryption, and access control methods to protect sensitive data and systems. The company employs machine learning and anomaly detection systems to intelligently identify tampering and misuse of devices, enhancing overall cybersecurity resilience. MicroSec aims to secure various sectors, including automotive, smart city infrastructure, and Industry 4.0, through its innovative and lightweight solutions that ensure seamless integration and robust protection against cyber threats.

Xjera Labs

Funding Round in 2017
Artificial Intelligence (AI) based Image and Video Analytics (VA) solutions for various commercial applications.

Lozi

Series A in 2017
Lozi Joint Stock Company, founded in 2014 and based in Ho Chi Minh City, Vietnam, operates an extensive e-commerce platform that addresses various consumer needs through its one-hour delivery service, Loship. The platform caters to a wide range of services including food, grocery, laundry, medicine, and flower delivery, as well as ride-hailing and B2B supply delivery. With a robust network of over 70,000 drivers and 200,000 merchants, Lozi serves nearly 2 million customers across major cities such as Hanoi, Ho Chi Minh City, Da Nang, and Can Tho. The company's innovative mobile application also assists users in discovering food, drink, and café options, enhancing the convenience of urban living in Vietnam.
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