Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

AppWorks

Founders I-Chien Jan Jamie Lin

Overview

Investments

Unlock datapoints

Portfolio analytics

Team

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

Need help with fundraising?

We offer an assisted fundraising option for startups

Learn more
Total investments 82
Average round size
info
The average size of a deal this fund participated in
$18M
Portfolio companies 66
Rounds per year 5.47
Lead investments 13
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.17
Exits 5
Key employees 1
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • E-Commerce
  • Information Technology
  • Apps
  • Internet
  • Software
Summary

AppWorks appeared to be the VC, which was created in 2009. The venture was found in Asia in Taiwan. The main office of represented VC is situated in the Taipei.

This organization was formed by Jamie Lin.

The typical case for the fund is to invest in rounds with 2-3 participants. Despite the AppWorks, startups are often financed by MindWorks Ventures, CyberAgent Capital, 01vc. The meaningful sponsors for the fund in investment in the same round are MindWorks Ventures, 91Capital, Substance Capital. In the next rounds fund is usually obtained by MindWorks Ventures, Substance Capital, Crystal Stream Capital.

The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 4 of the founder, the chance for it to get the investment is meager. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Taiwan. Among the most popular portfolio startups of the fund, we may highlight Uber, Lalamove, ShopBack. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. Among the most successful fund investment fields, there are Advertising, Apps.

Comparing to the other companies, this AppWorks performs on 21 percentage points less the average number of lead investments. The fund is constantly included in 2-6 investment rounds annually. The high activity for fund was in 2016. When the investment is from AppWorks the average startup value is more than 1 billion dollars. The common things for fund are deals in the range of 50 - 100 millions dollars. The top amount of exits for fund were in 2019. Speaking about the real fund results, this VC is 6 percentage points more often commits exit comparing to other organizations.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of AppWorks:
Typical Co-investors
AppWorks is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after AppWorks:

Funds with similar focus

Funds from Taiwan
Funds with similar focus located in Taiwan:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

BlokID

Blockchain
$1M31 Jan 2024 Nyack, New York, United States

Fetcch

Computer
Payments
$1M18 Jan 2024 -

Fetcch

Computer
Payments
$1M07 Dec 2023 -

Inflow

B2B
Fashion
Manufacturing
Supply Chain Management
$2M28 Nov 2023 Vietnam, Ho Chi Minh City, Vietnam

PrimaKu

24 Aug 2023 -

Travelio

Hospitality
Marketplace
Property Management
Real Estate
Rental Property
Travel Accommodations
10 Apr 2023 Jakarta, Jakarta Raya, Indonesia

TeleportDAO

Information Technology
Software
$2M16 Mar 2023 Vancouver, Canada

WeMo Scooter

Autonomous Vehicles
Business Information Systems
Rental
$15M01 Feb 2023 New Taipei, Taiwan

Eden Farm Indonesia

Agriculture
AgTech
Farming
$13M30 Jan 2023 Jakarta, Jakarta Raya, Indonesia
News
Blockchain startup XREX gets $17M to make cross-border trade faster

– Blockchain startup XREX raised $17m in pre-Series A funding.
– The round was led by CDIB Capital Group and joined by SBI Investment, Global Founders Capital, ThreeD Capital, E.Sun Venture Capital, Systex Corporation, MetaPlanet Holdings, AppWorks, BlackMarble, New Economy Ventures and Seraph Group.
– The company plans to apply for financial licenses in Singapore, Hong Kong and South Africa, and partner with banks and financial institutions, like payment gateways.

Singapore-based Tinvio raises $12M Series A to build financial services for supply chain merchants

– Singapore-based startup Tinvio raised $12m in Series A funding.
– The round was led by AppWorks Ventures, with participation from strategic investor MUFG Innovation Partners, a venture capital firm for collaborations between startups and Mitsubishi UFJ Financial Group.
– All of Tinvio’s existing investors — Sequoia Capital India’s Surge, Global Founders Capital and Partech Ventures — also returned for its Series A, which brings Tinvio’s total raised to $18.5 million.
– Tinvio’s last funding announcement was a $5.5 million seed round in April 2020.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent AppWorks?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!
Total investments 82
Average round size 18M
Rounds per year 5.47
Peak activity year 2016
Lead investments 13
Follow on index 0.17
Exits 5
Group Appearance index 0.68

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

BlokID

Blockchain
$1M31 Jan 2024 Nyack, New York, United States

Fetcch

Computer
Payments
$1M18 Jan 2024 -

Fetcch

Computer
Payments
$1M07 Dec 2023 -

Inflow

B2B
Fashion
Manufacturing
Supply Chain Management
$2M28 Nov 2023 Vietnam, Ho Chi Minh City, Vietnam

PrimaKu

24 Aug 2023 -

Travelio

Hospitality
Marketplace
Property Management
Real Estate
Rental Property
Travel Accommodations
10 Apr 2023 Jakarta, Jakarta Raya, Indonesia

TeleportDAO

Information Technology
Software
$2M16 Mar 2023 Vancouver, Canada

WeMo Scooter

Autonomous Vehicles
Business Information Systems
Rental
$15M01 Feb 2023 New Taipei, Taiwan

Eden Farm Indonesia

Agriculture
AgTech
Farming
$13M30 Jan 2023 Jakarta, Jakarta Raya, Indonesia
Crunchbase icon

Content report

The following text will be sent to our editors: