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5 e27 Connect investors that made the news last week

Below are the brief profiles of five Connect investors (those who have verified profiles on e27 and agreed to get connected) and what kind of companies they invest in and in which verticals.

Genesia Ventures

Genesia Ventures is a Japanese VC investing in seed and early-stage startups in digital startups in Asia. The firm believes that it can help achieve a thriving society heralded by digital technology through seed and early-stage investments.

The company cuts a cheque of US$100,000 to US$1 million per startup across angel, pre-seed, seed, and Series A stages.

Its focus areas are advertising, agritech, architecture & construction, AI, automotive, Big Data, blockchain, consumer, cybersecurity, e-commerce, education, energy, enterprise solution, entertainment, finance, F&B, gaming, govtech, healthtech, HR, ICT, insurtech, IoT, legal, logistics/supply chain, manufacturing, marketplace, media, medtech, mobile, platform, productivity & CRM, real estate, retail, robotics, sharing economy, smart cities, SaaS, sports, transportation, and travel.

Last week, Genesia announced the close of its third fund at US$110 million across Southeast Asia, Japan, and India. Investors in this fund include Mizuho Bank and Canal Ventures.

Incubate Fund

Incubate Fund is an early-stage VC fund in Japan, with offices in Tokyo, Singapore, Bangalore, and San Francisco. It makes investments in the angel, pre-seed, and seed stages across Japan, India, and the United States.

Its focus areas are advertising, consumer, e-commerce, enterprise solution, finance, and gaming.

Last week, Sumitomo Mitsui Banking Corporation (SMBC Group) launched a US$200-million corporate venture capital fund SMBC Asia Rising Fund with Incubate Fund in Singapore. The fund aims to accelerate business development and partnerships through investments in high-potential Asian startups.

East Ventures

East Ventures is a seed and early-stage venture capital firm based in Singapore, Indonesia, and Tokyo. Founded in 2010 by the co-founder of Mixi.jp and other prominent investors/entrepreneurs in Asia.

The firm invests in Singapore, Thailand, Vietnam, the Philippines, Malaysia, Indonesia, Myanmar, Laos, Cambodia, Brunei, and Japan. The stages of investments are angel, pre-seed, seed, pre-Series A/bridge, and Series A.

The investment range is US$1 million to US$50 million.

On May 9, East Ventures and Trihill Capital co-led Indonesian hyperlocal online F&B startup UENA’s financing round.

Trihill Capital

Trihill Capital is an innovation-focused venture debt fund investing in seed-to-growth industry disruptors in Southeast Asia and public equities globally. Its venture investment arm targets solution-oriented companies and transformative founders across sectors and stages.

Trihill Capital is affiliated with one of the leading agriculture companies in the region and is based in Singapore with a satellite office in Jakarta.

Based in Singapore, it invests in almost every vertical of startups across Indonesia, Vietnam, Singapore, Thailand, the Philippines, and Malaysia. The focus stages are pre-seed, seed, pre-Series A/bridge, Series A, Series B, Series C and above.
The investment range is US$500,000 to US$100 million.

B Capital Group

B Capital Group is a global firm specialising in equity investments in venture and growth-stage companies that have achieved traction with customers. Through its extensive global network and exclusive partnership with The Boston Consulting Group, B Capital helps high-growth startups navigate business challenges, raise capital, and attract talented leadership at key points of their journeys to scale.

It has offices in San Francisco, New York, Los Angeles, and Singapore. The focus verticals are AI, biotech, consumer, cybersecurity, e-commerce, finance, healthtech, insurtech, SaaS, transportation, and travel.

The focus stages are seed, pre-Series A, Series A, Series B, Series C, and above. The ticket size of US$10 million to US$60 million.

Last week, B Capital appointed venture capitalist and climate tech specialist Don Wood as a venture partner of its climate team.

 

Echelon Asia Summit 2023 is bringing together APAC’s leading startups, corporates, policymakers, industry leaders, and investors to Singapore this June 14-15. Learn more and get tickets here.

Echelon also features the TOP100 stage, where startups get the chance to pitch to 5000+ delegates, among other benefits like a chance to connect with investors, visibility through the e27 platform, and other prizes. Join TOP100 here.

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