Netrove

Netrove Ventures Corporation, established in 1999, is a venture capital firm headquartered in Hong Kong with additional offices in Guangzhou, China, and Kuala Lumpur, Malaysia. The firm specializes in providing risk capital investments across various stages, including angel, startup, growth, and mezzanine financing, primarily targeting the technology sector in Asia. In addition to its investment activities, Netrove also offers corporate finance advisory services, encompassing strategic restructuring, fundraising, initial public offerings (IPOs), and mergers and acquisitions (M&A) advisory. By focusing on these areas, Netrove aims to support the growth and development of companies in the region while facilitating critical capital and advisory services for entrepreneurs and businesses.

Joanne Lee

Senior Associate

Max Teh

Founder and CEO

8 past transactions

Eat Cake Today

Seed Round in 2017
On-demand cake delivery platform that bridges bakers and cake lovers

Fruiti King

Seed Round in 2016
Fruiti King produces and markets fruit ice creams in Malaysia. The company is based in Seri Kembangan, Malaysia. Fruiti King operates as a subsidiary of FTK Icre Cream Sdn Bhd.

EAT Holding Corporation

Funding Round in 2016
An investment fund with focus in education and healthcare sector and managed

Gravity4

Funding Round in 2016
Gravity4 is the world’s first high-frequency machine-learning marketing OS, built to enhance the advertising and SaaS industries. It collates customer experience so marketers can target a customer throughout the entire purchase journey and across all consumer touch-points, regardless of the delivery channel. Its proprietary AI technology, Mona Lisa, builds a consumer persona by aggregating data across channels. The platform’s fluid and constant in-stream of data are sorted into a semantic graph to form connection clusters, using the correlation variables. All through a single click, it empowers agencies and marketers to allow connected software to optimize a manually driven $200 billion global advertising market. The company’s headquarters is in Miami, but it has offices in Sydney, Stockholm, Oslo, Auckland, Madrid, Singapore, Copenhagen, London, Dublin, Amsterdam, Helsinki, Hong Kong, Shanghai, Kuala Lumpur, Christchurch, Taipei, and India.

CrowdPlus.asia

Funding Round in 2015
CrowdPlus.asia is an equity crowdfunding platform backed by Netrove Ventures Group, a regional tech-based venture capital firm. Leveraging on a tried and tested deal sourcing and selection process that will enhance the quality of deals presented to the crowd for equity funding, their platform also launches their unique "QMI" feature that will bring to play qualified mentors and investors across the region to achieve greater value creation and enhance success for companies funded through CrowdPlus.asia. Using Malaysia as the equity crowdfunding hub for ASEAN, CrowdPlus.asia will collaborate with various government agencies in Malaysia and the region and tap into various early-stage incubators and investing networking groups across the region to build an ecosystem for entrepreneurs to be mixing with the “right crowd”.

Zapzapmath

Seed Round in 2015
Zapzapmath Inc. develops educational software. The company is headquartered in Hong Kong.

Vidi (formerly Touristly)

Seed Round in 2014
Launched in June 2015, Vidi (previously known as Touristly) is a platform that enables travellers to customize holidays with ease. Aiming to eliminate the process of searching through various websites and apps for the best deals, Vidi is a one stop centre for travellers’ on-location activities. Vidi features over 13,000 deals on tours, attractions, activities, spas and restaurants in over 79 destinations around Asia Pacific, and will be adding more destinations and tours around the world. On 19th April 2017, Air Asia Berhad acquired a 50% stake in Vidi with an aim to integrate its services with the Tune Group, Vidi is in partnership with AirAsia BIG, Rokki, AirAsia Redtix, Tune Hotels, Tune Protect, and AirAsia. Vidi has also raised investments from Tune Labs, Netrove Ventures Group and is recipient of Cradle Fund’s CIP500 Grant.

Leroy International

Funding Round in 2010
The company produces multi vitamin pharmaceutical and healthcare products. The company manufactures medicines for senior citizen. LeRoy International Sdn. Bhd. was formerly known as Visconti Corporation (M) Sdn Bhd and changed its name to LeRoy International Sdn. Bhd. in July, 2004. LeRoy International Sdn. Bhd. was founded in 1996 and is based in Bandar Baru Bangi, Malaysia.