AppWorks

company

About

Based in Taiwan, founded in 2009, AppWorks is a startup accelerator and venture capital firm built by founders, for founders.

  • 11 - 50

Details

Industries
Angel Investment,Incubators,Venture Capital
Founded date
Jan 1, 2009
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
Accelerate,Venture Capital

Based in Taiwan, founded in 2009, AppWorks is a leading startup community and venture capital firm built by founders, for founders. AppWorks Accelerator, the renowned 6-month free accelerator program, admits 30 - 40 AI, Blockchain, and Southeast Asia startups per batch from across the region and boasts 472 active startups and 1,522 founders in its alumni network. Collectively, all companies in the ecosystem generate annual revenue totaling US$15.2 billion (+9% YoY), and have created 23,390 jobs (+16% YoY). Altogether, the ecosystem raised a total of US$5.4 billion (+14% YoY), with an aggregate valuation reaching US$31.5 billion (+13% YoY). The AppWorks web3 ecosystem now has 106 startups and 221 founders. AppWorks web3 companies generate revenue totaling US$1.8 billion (+30% YoY), and raised US$1.1 billion (+49% YoY), with an aggregate valuation of US$14 billion (+33% YoY).

As a VC, AppWorks manages three venture capital funds totaling US$ 212 million, typically investing in seed to Series C companies. We've attracted a diverse array of LPs who believe in our vision, including Taiwan Mobile, Axiom Asia Private Capital, Fubon Life, Wistron, Cathay Life, and Taiwan’s National Development Fund. We fund 20 deals a year, now with more than 80 names in our portfolio, including leading startups in several verticals such as Lalamove, Dapper Labs / Flow, Animoca Brands, 91APP, Figment, Carousell, ShopBack, Tiki, 17LIVE, and KKday, while having produced 5 IPOs, 4 IEOs, 1 hectocorn, 2 decacorns, and 5 unicorns.

【If you are a founder working on web3, AI / IoT, and Southeast Asia, apply to AppWorks Accelerator: bit.ly/3bbDw7Q】

Investments

Number of Investments
Number of Lead Investments
15
5
AppWorks has made 15 investments. Their most recent investment was on Jun 7, 2022, when Parcel raised $4M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 7, 2022 Parcel
Seed $4M Blockchain
Apr 4, 2022 Kikitrade
Series Unknown $6M Cryptocurrency Yes
Feb 16, 2022 NOBI
Seed $4M Cryptocurrency
Feb 15, 2022 Pace
Series A $40M Apps
Jan 6, 2022 Graffle
Seed $3.75M Blockchain Yes