Featured Transactions

Xiaomi Corporation

9 July 2018
IPO | Placement Agent

Alibaba Group Inc.

26 November 2019
IPO | Placement Agent

Values Cultural Investment Limited

16 January 2020
IPO | Joint Lead Manager

Ganglong China Property Group Limited

13 July 2020
IPO | Joint Lead Manager

Shandong Fengxiang Co. Ltd

13 July 2020
IPO | Joint Lead Manager

Archosaur Games Inc.

13 July 2020
IPO | Joint Lead Manager

Dashan Education Holdings Ltd

13 July 2020
IPO | Joint Bookrunner & Joint Lead Manager

Acme International Holdings Limited

20 July 2021 & 15 Sept 2021
Private Placement | Placement Agent

Clarity Medical Group Holding Limited

18 February 2022
IPO | Joint Bookrunner

Gorilla Technology Group Inc.

14 July 2022
SPAC IPO | Distribution Agent

Our Investments

Tencent Music Entertainment Group

Year of investment: 2017
Headquarters: China
Sector: Information Technology
Status: Exited, average profit +110%

Diginex Ltd

Year of investment: 2020
Headquarters: Hong Kong
Sector: Financial Services & Technology
Status: Exited, average profit +181%

We Doctor Holdings Ltd

Year of investment: 2020
Headquarters: China
Sector: Digital Healthcare
Status: Active

Grab Holdings Ltd

Year of investment: 2021
Headquarters: Singapore
Sector: Information Technology
Status: Active

SenseTime Group Inc.

Year of investment: 2021
Headquarters: Hong Kong
Sector: Artificial Intelligence
Status: Active

Mirror Biologics Inc.

Year of investment: 2021 & 2022
Headquarters: USA
Sector: Biopharmaceuticals
Status: Active

Tron Energy Technology Corp

Year of investment: 2021
Headquarters: Taiwan
Sector: Green Tech
Status: Active

Asia Innovations Group

Year of investment: 2021
Headquarters: Singapore
Sector: Information Technology
Status: Active

Gorilla Technology Group Inc.

Year of investment: 2022
Headquarters: London
Sector: Information Technology
Status: Active

Youlife International

Year of investment: xxxx
Headquarters: China
Sector: Recruitment
Status: Active

Star Plus Legend Holdings Ltd

Year of investment: xxxx
Headquarters: China
Sector: Consumer Defensive & Media
Status: Active

Wanda Group

Year of investment: 2021
Headquarters: China
Sector: Real Estate
Status: Active

Enesoon Technology

Year of investment: xxxx
Headquarters: China
Sector: Green Tech
Status: Active

Huasky Medical

Year of investment: xxxx
Headquarters: China
Sector: Pharmaceutical
Status: Active

Transphorm Inc.

Year of investment: xxxx
Headquarters: USA
Sector: Semiconductor Manufacturing
Status: Active

MOTI

Year of investment: xxxx
Headquarters: USA
Sector: Manufacturing
Status: Active

Featured Transactions

Xiaomi Corporation

9 July 2018
IPO | Placement Agent

Alibaba Group Inc.

26 November 2019
IPO | Placement Agent

Values Cultural Investment Limited

16 January 2020
IPO | Joint Lead Manager

Ganglong China Property Group Limited

13 July 2020
IPO | Joint Lead Manager

Shandong Fengxiang Co. Ltd

13 July 2020
IPO | Joint Lead Manager

Archosaur Games Inc.

13 July 2020
IPO | Joint Lead Manager

Dashan Education Holdings Ltd

13 July 2020
IPO | Joint Bookrunner & Joint Lead Manager

Acme International Holdings Limited

20 July 2021 & 15 Sept 2021
Private Placement | Placement Agent

Clarity Medical Group Holding Limited

18 February 2022
IPO | Joint Bookrunner

Gorilla Technology Group Inc.

14 July 2022
SPAC IPO | Distribution Agent

Tencent Music Entertainment Group

Tencent Music Entertainment Group is the leading online music entertainment platform in China, operating the country’s highly popular and innovative music apps – QQ Music, Kugou Music, Kuwo Music and WeSing. Tencent Music’s platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music.
Year of investment: 2017
Headquarters: China
Sector: Information Technology
Status: Exited, average profit +110%

Diginex Ltd

Diginex Ltd is a disruptive impact tech business helping organisations to address the world’s most pressing ESG, climate and sustainability issues, utilising the latest blockchain technology to lead change and increase transparency.

Year of investment: 2020
Headquarters: Hong Kong
Sector: Financial Services & Technology
Status: Exited, average profit +181%

WeDoctor Holdings Ltd

WeDoctor is a pioneering digital healthcare platform founded in 2010 by artificial intelligence expert Liao Jieyuan. The company builds, owns and operates one of China’s largest digital healthcare infrastructure platforms by linking hospitals and doctors with patients, pharmacies, insurance programs and financial services. As of June 2020, WeDoctor’s platforms connects more than 210 million users to over 7,200 hospitals and 250,000+ doctors across the country.

Year of investment: 2020
Headquarters: China
Sector: Digital Healthcare
Status: Active

Grab Holdings Ltd

Grab (NASDAQ: GRAB) is a leading superapp in Southeast Asia, providing everyday services such as mobility, deliveries and digital financial services to millions of Southeast Asians across 500 cities in the region. Grab was founded in 2012 with the mission to drive Southeast Asia forward by creating economic empowerment for everyone.

Year of investment: 2021
Headquarters: Singapore
Sector: Information Technology
Status: Active

SenseTime Group Inc.

SenseTime Group Inc. (0020.HK) is a leading AI software company founded in Hong Kong in 2014, focused on creating a better AI-empowered future through innovation. SenseTime is committed to advancing AI research, developing scalable and affordable AI software platforms that benefit businesses, people and society.

Year of investment: 2021
Headquarters: Hong Kong
Sector: Artificial Intelligence
Status: Active

Mirror Biologics Inc.

Mirror Biologics Inc. is a private Delaware corporation incorporated in 2018 with headquarters in Tampa, Florida. It specializes in the discovery, clinical testing and manufacturing of next generation therapeutic and prophylactic immunotherapy vaccine products which incorporate living immune cells as active ingredients. 

Year of investment: 2021 & 2022
Headquarters: USA
Sector: Biopharmaceuticals
Status: Active

Tron Energy Technology Corp

Established in 2011, Tron-e specializes in developing green energy products with exceptional safety performance. Its primary focus revolves around innovative research and manufacturing of customised battery packs, battery systems, electric buses and vehicles. Tron-e is also Taiwan’s leading manufacturer of electric buses.

Year of investment: 2021
Headquarters: Taiwan
Sector: Green Tech
Status: Active

Asia Innovations Group

Founded in 2013, Asia Innovations Group (ASIG) is a leading mobile social company headquartered in Singapore with 18 offices worldwide. Its portfolio includes leading apps such as Uplive, the global live video platform, social dating apps CuteU and Lamour, as well as other fast-growing voice and game-based live social apps. Its flagship product Uplive is the largest independent video social entertainment platform globally with more than 300 million registered users from over 150 regions. ASIG has plans to list in the US via a SPAC merger soon.

Year of investment: 2021
Headquarters: Singapore
Sector: Information Technology
Status: Active

Gorilla Technology Group Inc.

Established in 2001, Gorilla Technology Group Inc. (NASDAQ: GRRR) is a global leader in video intelligence and IoT technology, supporting a wide range of video-centric and content management applications for smart retail, enterprise surveillance, city security and broadcast media. Gorilla provides solutions across a wide range of verticals worldwide — government agencies, smart cities, safe cities, educational institutions, smart buildings, and factories, transport hubs, enterprises and more.

Year of investment: 2022
Headquarters: London
Sector: Information Technology
Status: Active

Youlife International

Established in 2008, Youlife International (previously Tking International) is one of the largest non-state-owned human resource service providers in China. It streamlines the entire employee service industry chain, from providing pre-employment vocational education, training to internship and employment services. Currently, Youlife has more than 2000 full-time HR service professionals across 200+ branches in China and 15 offices worldwide, serving more than 350 Fortune Global 500 companies, 2000+ public-listed companies, and 10,000+ enterprises globally.

Year of investment: xxxx
Headquarters: China
Sector: Recruitment
Status: Active

Star Plus Legend Holdings Ltd

Star Plus Legend Holdings Ltd engages in the retail of health management and skincare products. The company’s other notable business operations include IP (intellectual property) content creation, management and licensing. Its unique celebrity related IP portfolio drives the sales of its retail products, making it a rapidly growing retail operator in China.

Year of investment: xxxx
Headquarters: China
Sector: Consumer Defensive & Media
Status: Active

Wanda Group

Established in 1988, Wanda Group has evolved into a multinational conglomerate, becoming one of the world’s leading film, sports, children’s entertainment and real estate company. Its portfolio includes some of China’s most well-known brands such as Wanda Plaza, Wanda Cinema, Wanda Hotel, Wanda Culture Tourism City and Wanda Kidsplace. It is the only company to have received the China Charity Award 9 times, and one of China’s pioneer advocates in sustainable development.

Year of investment: 2021
Headquarters: China
Sector: Real Estate
Status: Active

Enesoon Technology

Enesoon Technology is a leading clean energy solutions provider in China. It develops, designs, builds, sells, operates and maintains energy stations that provide both heating and cooling solutions through its proprietary thermal energy storage technology and equipment. It has 113 regional partners with exclusive rights to use its proprietary technology, covering 23 provinces and 644 districts in China.

Year of investment: xxxx
Headquarters: China
Sector: Green Tech
Status: Active

Huasky Medical

Established in 2005, Huasky Medical operates as a clinical contract research organisation (CRO) that provides Site Management Organization (SMO), third-party audit, pharmacovigilance, registration for drug and medical device services.

Year of investment: xxxx
Headquarters: China
Sector: Pharmaceutical
Status: Active

Transphorm Inc.

Founded in 2007, Transphorm Inc., a global semiconductor leader that develops gallium nitride (GaN) transistors and modules for high-voltage power conversion applications. Built on an industry-leading IP portfolio, Transphorm’s innovations eliminate more energy losses than possible with competitive solutions. Transphorm is headquartered in Goleta, California and has manufacturing operations in Goleta and Yokohama, Japan.

Year of investment: xxxx
Headquarters: USA
Sector: Semiconductor Manufacturing
Status: Active

MOTI

MOTI is an e-cigarette brand founded in 2018. The MOTI team has developed many innovative vape products. At the forefront of this track is MOTI, one of the very first e-cigarette brands with a product line that includes disposable e-cigarettes, rechargeable disposables, as well as POD MOD systems and personal high-end e-cigarettes.

Year of investment: xxxx
Headquarters: USA
Sector: Manufacturing
Status: Active