Funding Societies

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H&M Foundation is a non-profit foundation established in 2013. It is privately funded by the Stefan Persson family, the founders and major shareholders of the H&M Group, who have donated SEK 1.5 billion to it to date. The foundation aims to help accelerate progress towards the UN Sustainable Development Goals 2030, by developing, funding and sharing solutions to address the world’s most urgent issues. It has a particular focus on promoting a planet-positive fashion industry and on building inclusive societies.Tackling mostly challenges associated with the fast fashion industry and its supply chain, H&M Foundation advocates for more sustainable practices across the fashion value chain and more inclusive business practices. The foundation is also actively involved in providing emergency relief for natural disasters or pandemics. It also aims to encourage innovation that promotes social change and sustainability. To this end, it provides startups support in accelerating and scale new technologies. It also runs the Global Change Award. Dubbed the Nobel Prize of fashion, this aims to recognise disruptive innovations that have the potential to make fashion more sustainable, and transform the way garments are designed, produced, shipped, bought, used and recycled. 

As the co-founder and CPO of Billin, Diego Goya Quijano is responsible for the IT team, business and funding strategies. After graduating in Business Administration at CUNEF in 2010, he studied English for a year in California, USA. His first entrepreneurial venture was in 2009 when he co-founded Deyese Soluciones (D+S), a company specializing in cost optimization. He then worked at Smartgroup Telecomunicaciones for almost two years before co-founding Billin in 2013. He has since attended various courses relating to Venture Capital, M&A and Financing Operations at IEB. He then specialized in web development at Ironhack.

As a basketball enthusiast and long-term fan of Stephon Marbury, Yang Bing started a sports news portal Hupu with Cheng Hang at the end of 2003 when he was only 18 years old. Formerly known as hoopCHINA.com, the Hupu website garnered one million daily active users by 2006. In 2018, he raised seed funding to pivot Hupu's Poizon app into an independent trading platform for limited edition sneakers, designer sportswear and accessories.

Mathew F Jones joined Otobro Pte Ltd in 2016 as co-founder and COO. Otobro was acquired by the C88 Group in March 2017. Mathew is also the commissioner  of PT Superior Coach, a representative office in Jakarta. Mathew has worked in Indonesia for over 11 years. He joined PT Selaras Nusa Abadi as general manager in 2003 and became the managing director and Dealer Council chairman of the company from 2005 until 2015.  He has a bachelor’s in Political Economy of Industrial Societies from the University of California Berkeley, USA.

Cheng Yixiao began his career as a software engineer at HP in Dalian where he met Kuaishou co-founder Yang Yuanxi. Cheng left HP to join Renren as an iPhone client software developer.In 2011, Cheng started a photo-sharing platform GIF Kuaishou and obtained some seed funding. In 2013, he was introduced to a successful entrepreneur Su Hua. They decided to pivot GIF Kuaishou into a video-sharing app, with Cheng as CPO and Su as CEO.Many believe that his earlier experiences of living in Tieling, a county in northeast China, and later in Beijing’s suburb Tiantongyuan, have helped him to identify business opportunities and develop social media tools for the grassroots. He has quite a reputation for his creativity and passion for product development in tech circles. 

Elton Ho completed a master’s in food analysis and food safety management at Hong Kong Baptist University in 2015. Ho met Felix Cheung during the master’s program and they continued to develop the advanced sous-vide aseptic packaging (ASAP) technology after their graduation. They went on to co-found IXON Food Technology in January 2017, with funding from an angel investor.Ho had previously worked as a laboratory supervisor for nine years at the Vegetable Marketing Organization (VMO), monitoring the levels of pesticide chemical residues and heavy metals in domestic and imported fruits and vegetables. The VMO is a self-financing, non-profit organization established in 1946 to support local vegetable wholesalers and customers in Hong Kong. It also ensures food safety standards compliance and supports the sustainable development of local agriculture.

Geniee is an adtech company which has developed its own supply-side platform (SSP), demand-side platform (DSP) and data management platform (DMP). It was founded in 2012 with venture funding from GREE Ventures. In 2015, it received Series D funding from Fenox Venture Capital. So far it has invested in Adskom and AdPushup, both of which are adtech companies.

Song founded Kidsmile, a child photography studio, in 2002. The company grew from one person with one shop to over 50 shops and 1 million registered members. He also founded Moments in 2014, an on-demand photography services platform, which received US$20 million in its Series A funding round in 2015. Song participated in Kuaipeilian's seed funding round.

Founded in 2016, Paris-based Future Positive Capital invests in European startups in deep tech and biotechnology to solve major problems, with funding for only 20 portfolio startups.  It has backed eight startups to date with its most recent investments being in the April 2021 undisclosed €5.2m funding round of French renewable energytech SWEETCH Energy and in the £7.9m Series A round of British ecosystem restoration technology Dendra Systems in September 2020. 

Founded in 2016, Wave Ventures is a student-run Nordic investor supported by VC partners, angel investors and tech founders as advisors. Based in Helsinki, the VC provides pre-seed and early-stage funding to promote startup innovations for future generations. Its current portfolio of 17 startups includes participation in the SEK 2m pre-seed round of Swedish power-bank sharing startup Brick Technology in March 2021 and seed funding of German co-working space proprietor Twostay in January 2021.

HATCH is an aquaculture-tech-focused accelerator program initiated by the aquaculture-focused seed VC investor Alimentos Ventures to help related startups reach commercialization and access further funding. Its inaugural program was held in Bergen, Norway, followed by a second batch in Cork, Ireland. Successful applicants get €50,000 cash and possible subsequent funding, plus free office space for up to 12 months in either of HATCH's offices in Bergen and Singapore. Its international partners include food corporates, state entities and aquaculture groups.

RND Capital is an Indonesian venture capital firm. Its only publicized investment to date is its US$3 million seed funding for mutual funds investment platform Tanamduit.

Launched in 2007, Seedcamp is Europe’s first seed fund and accelerator. Founded by 30 European investors, it focuses on pre-seed and seed stage startups. It has backed nearly 200 companies, producing one unicorn. About 90% of its portfolio have raised further funding of about US$350 million.The company typically invests in one of three ways:€75,000 for 7% of equityFull access to the Seedcamp Platform for 3% warrantsUp to €200,000 in seed funding

Chen received a bachelor’s degree in material formation from Xiangtan University in 2004. While in college, he co-founded 0755.org.cn, one of the earliest online classifieds providers in China. He is also a co-founder of dunsh.org, a nonprofit search engine optimization website in China. After graduation, he served as senior project manager and chief editor at Xiamen Haowei Network Technology. From June–December 2007, Chen served as head of the product department at ganji.com, an online classified site, responsible for product management and customer experience. He then joined 58.com the same year, serving as senior VP of product management and website operation from December 2007 to August 2014.In November 2014, he founded 58 Daojia and has served as CEO since then. In August 2017, 58 Daojia announced a merger with 58 Su Yun and Gogovan, a logistics platform in Southeast Asia, and he became Chairman of the new company. The merger created Asia's largest city-to-city cargo delivery platform. In 2018, 58 Daojia was rebranded as Daojia Group. The group’s 58 Su Yun received $250m funding and was relaunched as Kuaigou Express.

Founded in Shenzhen in 2013, Topsailing Capital is mainly involved in venture capital and private equity funding of diverse industry sectors like culture, entertainment, big data, intelligent manufacturing, agriculture, environmental protection and medicine. 

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