Good Startup

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Founded in 2010 and based in Lisbon, eggNEST is a seed capital fund targeting Portuguese startups in the fields of digital marketing and software engineering. eggNEST is partnered with VC firms such as Caixa Capital and Portugal Ventures, as well as accelerators such as Startup Lisboa and Startup Braga, to build the country’s startup ecosystem.

Besides farming strawberries in a tropical climate, Singapore-based Singrow plans to add more crops and a regional e-supermarket to offer consumers more locally grown produce.

WWF-backed biotech Oceanium has developed a biorefinery that transforms seaweed into alt-proteins and compostable packaging that will soon be launched commercially.

Kinesys Group is an Indonesian VC founded in 2019 by startup ecosystem builder Yansen Kamto. The company made their debut investment in new retail F&B startup Wahyoo. They have also backed sweet-drinks chain Goola and online learning center Zenius. While the company has made at least five investments in Indonesian companies, they have not closed their first fund, for which they targeted to reach $20m. Kinesys targets seed rounds, contributing ticket sizes averaging around $500,000 per startup.

Carrying over 1,000 local and international brands, Berrybenka is a fashion and beauty e-commerce platform for men and women in the low-to-midrange segment.

Mobile game developer and distributor Hero Entertainment has achieved unicorn status by promoting its gaming IP through offline esports competitions and movies.

This startup sidesteps the e-commerce counterfeit problem by enabling consumers to buy genuine products online for less.

A multi-themed online audio platform that saw 250m MAUs in 2020 spending 1,564.3bn minutes, nearly 75% of total listening time

Established in 2011, iCamp is a startup incubator and accelerator.

InnoSpace is a startup service platform focusing on the early stage incubation of internet/mobile internet companies, with RMB angel funds and two 3-month startup accelerator programs each year. InnoSpace has helped its projects raise about RMB 600 million in total and is one of the four incubator partners of Intel in China.

Allianz X is the venture capital arm of Allianz Group. Its investments primarily focus on insurance, healthcare and finance-related tech startups, such as American Well, BIMA (micro-insurance company) and Simplesurance. However, it recently made investments in Indonesian ride-hailing startup Gojek as well as the Drone Racing League, a startup that promotes drone racing as an emerging sport.

Triputra Group is an Indonesian conglomerate with businesses in agriculture, manufacturing, trading and mining. It also runs a pension fund and a charitable foundation. The conglomerate was founded in 1998 by Theodore Permadi Rachmat, the former CEO of the Astra Group. It is a recent entrant in the startup investing scene; in 2018, it invested in retail startup Warung Pintar and fishery automation company eFishery.

Yang Dengfeng is the co-founder and CEO of online-to-offline pet services startup Zhuazhua.

The gait data collected by Sennotech's smart insoles can help custom-make better shoes and orthotics, personalize training for athletes and improve rehabilitation treatment for patients.

Founded in Nairobi in 2017, Chandaria Capital invests in African tech and non-tech startups across market segments. It currently has 13 companies in its portfolio. Recent investments include Kenyan diagnostics medtech startup Ilhara Health’s $3.8m Series A round in 2020 and $735,000 seed funding in 2019. The VC has also joined the seed investment round for Kenyan food and beverage startup Savannah Brand in 2019.

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