01VC

24/09/2021

Congrats to the Hai Robotics Team

Hai Robotics, a Shenzhen, China-based warehouse robotics startup that develops autonomous, case-handling robotic (ACR) system, announced it has raised $200 million. The funding comes from two separate equity rounds, a Series C and Series D, which are being disclosed simultaneously. Its Series C fun....

21/09/2021

One of 01VC's investment strategy is to bring China's supply chain of physical and digital goods as well as talent pool to the rest of the world. Examples of our investment in this category includes Xtransfer, Hibobi, Mangatoon, Xendit, TYMO, Foroo etc.

For years, it seemed China’s mighty consumer app giants couldn’t figure out how to expand overseas. Alibaba, Tencent and many others famously failed. That changed when ByteDance turned TikTok into a global hit. But it’s not just TikTok. China’s software engineers and product managers are ...

21/09/2021

Congrats to Xtransfer

Company founded by Ant Group veterans raises $138m to expand reach

16/09/2021

01VC's MangaToons, an early mover in South East Asia. Subsequently in 2019 they launched NovelToon, a novel and story app

Chinese manhua is becoming increasingly popular, giving competition to Japanese comics. What's the reason for its sudden global appeal over Japanese manga?

16/09/2021

In 2014 Lalamove (previously called Easyvan) was in 3 cities. Fast forward to 2020 they in 300+ cities in Asia and Americans

Round shows investors warming to domestic inland shippers

16/09/2021

Congrats to the team in Hai Robotics - hard to believe but when we met the team in 2016, the product was still a lab experiment.

Hai Robotics, a Chinese startup that develops warehouse robots similar to those made by Amazon’s robotics unit, is in talks with Sequoia Capital China and other investors to raise more than $150 million at a pre-money valuation of $1.3 billion, roughly triple its last valuation from a funding ...

16/09/2021

Congrats Moses and team. Building the financial pipes for South East Asia eco system

There’s a new entrant in Southeast Asia’s growing list of unicorns. Jakarta-based Xendit, best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. The round...

16/09/2021

01VC's portfolio: XTransfer - Tech Platform for Cross Border Payments

XTransfer digitizes more than payments with new CRM platform. It aims to digitize more SME operations and eventually build new, robust tools using AI.

12/08/2019

01VC, a 4.5 years old, China based venture capital firm has closed a US$100 million for its new early stage fund. Its debut fund had closed at US$30 million in 2015. 01VC was started by investors previously from Matrix Partners and Kleiner Perkins. The fund looks for startups that focus on technology enabled supply chain, logistics, B2B, enterprise SaaS, and consumer internet platforms. The venture fund is an early stage backer of on demand logistic platform -Lalamove, whose last round (D Round) moved it into unicorn valuation.

The bulk of new funds are from overseas investors that includes foundations, endowments, family offices and fund of funds.

19/05/2019

https://kr-asia.com/after-years-of-losses-alibaba-backed-logistics-provider-best-predicts-profits-by-year-end

The last 10 months we seen an explosion of startups in the logistic space in South East Asia, at least 15 companies were funded in the past 6 months. Case in point : Best Logistics a late entrant in China Logistic with the backing of Alibaba (also a substantial shareholder) took years breakeven. The challenge I throw down to the industry is the funding wave in SEA is fuelled with too much dosage of courage. hashtag hashtag hashtag

Best serves TMall and Taobao, among other e-commerce heavyweights.

19/03/2018

10 years ago I brought my first IPO - Cgen Media to GIC for their first road show. Today I am here doing a roadshow on myself and 01VC

28/11/2017

Giving a lecture on Termsheets 101 at SMU