SBVA

SoftBank Ventures Asia is the corporate venture capital arm of SoftBank Group, established in 2000 and headquartered in Seoul, South Korea. The firm focuses on investing in a variety of technology-driven sectors, including information technology, artificial intelligence, smart robotics, the Internet of Things, big data, virtual reality, e-commerce, and mobile technologies. Its investment strategy spans multiple regions, targeting opportunities in Korea, Singapore, China, Israel, and the United States. Through these investments, SoftBank Ventures Asia aims to support innovative companies that are shaping the future of technology and enhancing consumer experiences.

Dong-Eon Choi

Senior Associate

Jeehyun Choi

Partner

Jay Choi

Vice President

Jason Ding

Partner, China

Ding'AN Fei

Venture Partner, China, South East Asia, India

Shengkai He

Senior Analyst, China

Jeongwoo Jung

Investment / Operating Partner

Heejae Jung

Senior Associate

Daniel Kang

Managing Director

Joanne Kwon

Principal, Tech GE

Seung Lee

CFO and Operating Partner

Seyoung Lee

Senior Associate, South East Asia

Charles Li

Principal

Sherman Li

Partner, USA, EU, Israel

Frank Li

Principal

Timothy Li

Vice President, USA, EU, Israel

Roy Liu

Principal, China

Kenneth Low

Principal, South East Asia

Tony Lyu

Venture Partner

Gyu-hak Moon

CEO

Past deals in Android

OY!

Series A in 2021
OY! is a fintech application based in Jakarta that aims to simplify financial management for its users. Founded in 2017 by Hilfi Alkaff, Jan Kristanto, and Jesayas Ferdinandus, the platform offers a free and user-friendly way to transfer money directly from debit cards, view bank account balances, and access bank statements. By integrating various financial products into a single platform, OY! enables clients to streamline their financial transactions, promoting financial wellness and saving time.

Mathpresso

Series C in 2021
Mathpresso, Inc. is an educational technology company based in Seoul, South Korea, established in 2015. It operates Qanda, a data-driven platform that leverages artificial intelligence and optical character recognition (OCR) technology to assist students with their studies. Users can take a photo of a question or problem, which the platform then analyzes to provide solutions and explanations. Qanda covers a wide range of subjects, including mathematics, Korean history, social studies, and science. The platform is designed to facilitate learning by allowing students to engage with tutors and access answers in real time. As of this year, Qanda has attracted over one million users in South Korea, making it a significant resource for students seeking help with homework and exam preparation.

Radish

Series A in 2020
Radish Media, Inc. operates a mobile platform that focuses on serialized storytelling, allowing readers and writers to engage in a community-driven experience. The platform offers a mobile application where users can read and publish bite-sized fiction stories across various genres, including romance, fantasy, and mystery. Authors can manage their writing schedules, publish original works, and even revitalize older titles for a younger audience. This model enables immediate compensation for writers while allowing them to retain copyright over their content. Additionally, readers have the opportunity to connect with their favorite authors through live community chat rooms, enhancing the interactive experience. Established in 2015, Radish is headquartered in New York, with an additional office in Seoul, South Korea.

Alodokter

Series C in 2019
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

Mathpresso

Series A in 2018
Mathpresso, Inc. is an educational technology company based in Seoul, South Korea, established in 2015. It operates Qanda, a data-driven platform that leverages artificial intelligence and optical character recognition (OCR) technology to assist students with their studies. Users can take a photo of a question or problem, which the platform then analyzes to provide solutions and explanations. Qanda covers a wide range of subjects, including mathematics, Korean history, social studies, and science. The platform is designed to facilitate learning by allowing students to engage with tutors and access answers in real time. As of this year, Qanda has attracted over one million users in South Korea, making it a significant resource for students seeking help with homework and exam preparation.

SNOW

Series A in 2018
SNOW is the developer of the popular selfie app SNOW, which incorporates face recognition technology to offer users over 700 stickers and 30 types of filters for enhancing their photos and videos. The app allows users to share their creative content with friends or post it within the platform. Launched in September 2015, SNOW has experienced substantial growth, particularly in the Asian market, amassing over 100 million subscribers within a year and a half. The app has gained significant traction in Japan, where it has ranked as the top free app in the Photo & Video category on both the iOS App Store and Google Play. With continuous efforts to innovate, SNOW aims to provide enjoyable and convenient communication tools that enhance self-expression and foster connections among users.

Alodokter

Series B in 2017
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

Radish

Seed Round in 2017
Radish Media, Inc. operates a mobile platform that focuses on serialized storytelling, allowing readers and writers to engage in a community-driven experience. The platform offers a mobile application where users can read and publish bite-sized fiction stories across various genres, including romance, fantasy, and mystery. Authors can manage their writing schedules, publish original works, and even revitalize older titles for a younger audience. This model enables immediate compensation for writers while allowing them to retain copyright over their content. Additionally, readers have the opportunity to connect with their favorite authors through live community chat rooms, enhancing the interactive experience. Established in 2015, Radish is headquartered in New York, with an additional office in Seoul, South Korea.

Mathpresso

Seed Round in 2016
Mathpresso, Inc. is an educational technology company based in Seoul, South Korea, established in 2015. It operates Qanda, a data-driven platform that leverages artificial intelligence and optical character recognition (OCR) technology to assist students with their studies. Users can take a photo of a question or problem, which the platform then analyzes to provide solutions and explanations. Qanda covers a wide range of subjects, including mathematics, Korean history, social studies, and science. The platform is designed to facilitate learning by allowing students to engage with tutors and access answers in real time. As of this year, Qanda has attracted over one million users in South Korea, making it a significant resource for students seeking help with homework and exam preparation.

Around

Seed Round in 2015
Around is a SNS app that allows users to freely share their feelings about life, workplace, emotions, love affairs and family. Being an anonymous SNS platform, there is no need to cloak any of these feeling for social acceptance. Users of around have given the app a score of 4.9 out of 5.0. The app has taken inspiration from ‘Dalcom Changgo’ (means storeroom of sweets) whereby people communicate with each other by writing on paper and placing this into a locker accompanies with a piece of chocolate for another person to read. Two people will share the same locker and passwords and they will reciprocate their experiences. In a similar way users of ‘Dalcom Changgo’ and Around are able to observe a sense of healing.

Conbus

Series A in 2015
Developer of a dating mobile application platform designed to bring people closer to each other with artificial intelligence technology. The company's mobile application allows users to express and share their thoughts and inner feelings and sympathize with the stories of others, enabling users to get a communication space that is heartfelt in modern society.

MangoPlate

Series A in 2015
MangoPlate is a mobile application that helps users discover personalized dining recommendations. It allows users to find and share restaurant suggestions, post reviews and photos, and explore curated guides created by editors and influential bloggers. The application operates on a comprehensive database of restaurants and employs algorithms that consider various factors such as cuisine type, ratings, and location to enhance the user experience. MangoPlate is accessible on both iOS and Android platforms, making it a versatile tool for locating local dining options.

MangoPlate

Seed Round in 2014
MangoPlate is a mobile application that helps users discover personalized dining recommendations. It allows users to find and share restaurant suggestions, post reviews and photos, and explore curated guides created by editors and influential bloggers. The application operates on a comprehensive database of restaurants and employs algorithms that consider various factors such as cuisine type, ratings, and location to enhance the user experience. MangoPlate is accessible on both iOS and Android platforms, making it a versatile tool for locating local dining options.

iFunFactory

Series A in 2014
iFunFactory is a South Korean company founded in May 2013, specializing in backend solutions for mobile game development and operation. The company offers a range of products designed to streamline the game creation process, including iFunEngine, a mobile game server framework, and iFun Cloud, a game-specific platform-as-a-service (PaaS) solution. Additionally, iFunFactory provides the iFun Map Editor, a tool for designing game environments. By minimizing development overhead, iFunFactory allows game developers to concentrate on content creation and data analysis, enhancing the overall gaming experience.

Dadam Game

Seed Round in 2014
Dadam Game is a gaming platform based in Seoul, South Korea, that specializes in the development and provision of online games. The company focuses on creating innovative 2D action games, offering users a range of social strategy and story-based games that feature enhanced special effects. By combining engaging gameplay with quality graphics, Dadam Game aims to deliver a compelling gaming experience to its users.

SmarTots

Series A in 2013
SmarTots (聪明多) is a Chinese mobile internet education platform built for children aged 2 to 7 years. Through the method of sending learning reports and teachers' reviews, it helps parents and educators understand children's learning situations via mobile devices. SmarTots is dedicated to developing the mobile application recommendation and analysis platform for children aged 2 to 7 years and their parents, as well as educators and mobile application developers from all over the world. SmarTots Congmingduo is the largest children's education application platform all over the world, possessing many educational applications that are appraised and elected by many child education experts. SmarTots was launched in November 2010.

Between

Series B in 2013
Between is a mobile application developed by VCNC, designed specifically for couples to enhance their communication and relationship. The app provides a secure platform where users can chat, share photos and videos, track anniversaries, and collaboratively manage their schedules. By creating a private space for couples, Between aims to help users cherish and remember special moments together, thereby fostering deeper connections. The application is accessible on both the iTunes Store and Google Play, making it widely available for users seeking to enrich their relationships.

Between

Venture Round in 2011
Between is a mobile application developed by VCNC, designed specifically for couples to enhance their communication and relationship. The app provides a secure platform where users can chat, share photos and videos, track anniversaries, and collaboratively manage their schedules. By creating a private space for couples, Between aims to help users cherish and remember special moments together, thereby fostering deeper connections. The application is accessible on both the iTunes Store and Google Play, making it widely available for users seeking to enrich their relationships.

Devsisters

Venture Round in 2011
Devsisters is a South Korean company that specializes in the development of mobile games and applications for iOS and Android platforms. Founded in 2007 and based in Seoul, the company initially operated under the name Moblier Corp. before rebranding in 2010. Devsisters is known for creating popular games like OvenBreak and Get the Mish, which emphasize social interaction among players through features such as commenting. Additionally, the company offers educational books for children, expanding its product range beyond gaming. Devsisters has also formed partnerships with brands, notably collaborating with Skittles to incorporate the candy into its OvenBreak game. With a focus on both local and international markets, Devsisters continues to enhance its offerings in the mobile gaming industry.

SUNDAYTOZ

Venture Round in 2010
SundayToz is a South Korean company specializing in the development of casual and social games. Founded in 2009 and headquartered in Seongnam, the company creates games for various platforms including Kakao Talk, Apple's App Store, Google Play, Facebook, and Naver, catering to a diverse audience of gamers. SundayToz gained recognition for its innovative content, receiving the Republic of Korea Presidential Award in December 2012 for next-generation-targeted content. The company released its first application, Cyworld, shortly after its establishment, marking the beginning of its journey in the gaming industry.
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