Velocity Ventures

Velocity Ventures is a venture capital firm established in 2019 and based in Singapore, specializing in investments within the Travel and Hospitality sector across Southeast Asia. The firm targets early-stage companies, specifically those in Seed to Series A funding rounds, focusing on sub-sectors such as Transportation, Travel Retail, Real Estate and Accommodation, Food and Beverage, and Retail and Entertainment. With a team that combines extensive industry expertise and entrepreneurial experience, Velocity Ventures aims to support visionary entrepreneurs who are innovating in these fields. The firm leverages a robust network in Asia to provide value-added support to its portfolio companies.

Jean-Pierre Sedaghat

Partner

10 past transactions

Joyned

Series A in 2023
Joyned is a SaaS platform designed to enhance the online shopping experience by enabling retailers to offer social shopping directly on their websites. It aims to transform the e-commerce landscape by allowing retailers to maintain control over user interactions, rather than relying on external social platforms. The platform facilitates collaborative shopping, enabling users to invite friends and family to edit and comment on wish lists without leaving their carts, which helps improve website conversion rates and increases average order value. Joyned's browser plugin is easy to implement on any website, requiring no alterations to existing code or user experience. Additionally, the platform is GDPR compliant and does not store any personally identifiable information, ensuring user privacy. By leveraging social engagement, Joyned helps retailers attract high-quality traffic and streamline the shopping journey.

BYHOURS

Venture Round in 2023
BYHOURS is an innovative platform that enables users to book hotel stays for short durations of 3, 6, or 24 hours at over 4,500 hotels globally. Founded in Barcelona in March 2012, BYHOURS operates in more than 25 countries and has established itself as a pioneer in the "pay-per-use" hotel model. This approach allows guests to select their preferred check-in and check-out times, paying only for the hours they occupy the room. This flexibility not only caters to the needs of travelers seeking efficient and cost-effective accommodation options but also supports hotels in optimizing their resources and increasing revenue. In addition to its consumer services, BYHOURS has evolved into a travel-tech company, offering B2B and B2B2C solutions through partnerships with notable firms such as SABRE and RAPPI.

Aigens

Series A in 2022
Aigens is a technology start-up based in Hong Kong that has significantly influenced the digital transformation of the food and beverage (F&B) and hospitality sectors in the Asia Pacific region. Founded in 2012 by Hans Paul and Peter Liu, Aigens pioneered mobile ordering and introduced the Bring Your Own Device (BYOD) QR code ordering technology in markets such as Hong Kong and Singapore, well before the pandemic accelerated its adoption. The company has established itself as a software-as-a-service (SaaS) leader, serving over 500 brands, including globally recognized names like KFC, Burger King, Starbucks, and IKEA. In recent years, Aigens has seen substantial growth, expanding to six regional offices and employing a team of 120 members, thereby solidifying its position in the industry.

Carbon Click

Venture Round in 2022
CarbonClick creates clever solutions that help people offset the carbon emissions of their purchases. It removes the need for businesses to build their offsetting program, by providing everything they need to offer carbon offsets to customers.

Hyper Food Robotics

Seed Round in 2022
Hyper Food Robotics is an innovative company focused on transforming the fast food industry through its fully autonomous robotic store-factory hybrid. This unique concept operates on a forty-foot container platform, allowing for scalability, flexibility, and mobility in brand growth. By combining advanced robotics with a self-contained environment, Hyper aims to deliver fresh, flavorful, and healthy fast food that meets the evolving demands of consumers and the industry. The company's approach not only addresses current market needs but also positions itself as a leader in the future of fast food.

Amplication

Seed Round in 2022
Amplication is an open-source development tool that streamlines the process of building Node.js applications by automating repetitive coding tasks. The platform generates production-ready, self-documenting GraphQL APIs for various data models, incorporating a role-based permission model that enables users to create multiple roles with specific permissions for different data models or fields. This functionality allows developers to focus on creating software applications efficiently, without the burden of redundant coding, thus enhancing overall productivity in software development.

FoodMarketHub

Series A in 2021
FoodMarketHub operates a procurement and inventory management platform designed to assist restaurants in controlling their purchasing processes. By leveraging big data and artificial intelligence, the company enhances restaurant procurement and food cost management. Its comprehensive solution covers all aspects of the restaurant supply chain, from the restaurant outlet and central kitchen to warehouses and suppliers. Key features include central kitchen management, integration with accounting and point-of-sale systems, notifications, and effective inventory management. This enables clients to seamlessly manage the entire value chain from the farm to the restaurant, ultimately lowering food costs and improving operational efficiency. FoodMarketHub's services are currently available in Malaysia, Hong Kong, Taiwan, Thailand, and Singapore.

Tablevibe

Seed Round in 2021
Tablevibe is a company that assists restaurants in managing commission-free pickup and delivery orders through their own websites and applications. By focusing on attracting new direct customers, enhancing online ratings, and increasing customer lifetime value, Tablevibe provides a comprehensive solution for restaurants. The company offers a set of appealing benefits, including no fixed costs, no setup fees, and no commissions for the first $60,000 in orders. Additionally, restaurants retain ownership of all customer data and can utilize professional delivery services at a low flat fee. This approach significantly reduces costs for restaurants; for instance, they can save up to 72% in fees on a typical $35 order compared to leading delivery apps. Furthermore, Tablevibe features a user-friendly performance dashboard that allows restaurant clients to monitor customer feedback and ratings, enabling them to make informed improvements over time.

Zuzu

Series A in 2021
Zuzu is a platform that connects children and instructors and offers a wide range of extracurricular activities to enable e-learning.
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