Investment Details
Investor Type
Venture Capital
Asset Class Focus
Venture Capital
Stage Focus
Seed, Series A, Series B, Growth
Geographical Focus
Hong Kong, Singapore, Indonesia, Vietnam, Philippines, Thailand, Taiwan
Industries Focus
- Technology
- Consumer Goods
- Media
- HealthTech
- EdTech
- FinTech
- E-commerce
- Logistics
- SaaS
- Blockchain
- Entertainment
- Cybersecurity
- IoT
- AI
- Enterprise Software
Investment Size:
200,000 to 15,000,000 USD
Investor Details
AppWorks is a prominent startup accelerator and venture capital firm based in Taipei, Taiwan, dedicated to fostering early-stage technology companies across Greater Southeast Asia. Since its inception in 2009, AppWorks has been instrumental in nurturing startups by providing resources, mentorship, and a robust community to help them scale and succeed. The firm operates a biannual accelerator program, selecting 30-40 promising startups each cycle, focusing on sectors such as AI, blockchain, and other rapidly growing verticals. This program has cultivated a vast network of over 624 active startups and 2,029 founders, making it one of the largest of its kind in the region. AppWorks also manages four funds with a total size of US$350 million, enabling investments ranging from US$200,000 in seed rounds to US$15 million in Series C rounds. The firm's portfolio includes notable companies like FLOW/Dapper Labs, Animoca Brands, Carousell, 91APP, and KKday, reflecting its commitment to supporting innovative and impactful ventures. AppWorks' strategic alliances, such as the one with Wistron, further enhance its ability to provide comprehensive support to its portfolio companies, facilitating growth and expansion in diverse markets. Through its accelerator programs and venture capital investments, AppWorks continues to play a pivotal role in shaping the future of technology startups in Greater Southeast Asia.
AppWorks' approach is deeply rooted in its founder-centric philosophy, emphasizing the importance of community and peer learning. By fostering an environment where founders can collaborate, share insights, and support each other's growth, AppWorks creates a dynamic ecosystem that accelerates the development of startups. This community-driven model not only enhances the individual capabilities of founders but also strengthens the collective impact of the startups within the AppWorks network. The firm's commitment to innovation and excellence is evident in its continuous efforts to adapt to the evolving technological landscape, ensuring that its portfolio companies are well-equipped to navigate challenges and seize opportunities in the global market. AppWorks' holistic support system, encompassing mentorship, funding, and strategic partnerships, underscores its dedication to the long-term success of its portfolio companies, solidifying its reputation as a leading accelerator and venture capital firm in the region.
In addition to its accelerator and investment activities, AppWorks actively contributes to the broader startup ecosystem through initiatives like AppWorks School, which has empowered over 1,300 aspiring engineers with the skills to thrive in the tech industry. Recognizing the transformative power of AI, AppWorks introduced Aiworks by AppWorks School in 2024, offering expert-led training and tailored consulting to equip individuals and organizations with the knowledge and tools to lead in the AI era. These initiatives reflect AppWorks' commitment to nurturing talent and fostering innovation, ensuring a continuous pipeline of skilled professionals and groundbreaking ideas that drive the growth and evolution of the technology sector in Greater Southeast Asia.
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