The Fit Company
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Private equity fund and incubator Balancop Ventures Ltd was founded in 2009 by Herman Wang who is based in Shanghai, China. Balancop will also establish and invest in its own stable of startups, including a telematics service company in China, GM’s Onstar and Toyota’s G-book. Balancop also has offices in Hong Kong and Indonesia.
Private equity fund and incubator Balancop Ventures Ltd was founded in 2009 by Herman Wang who is based in Shanghai, China. Balancop will also establish and invest in its own stable of startups, including a telematics service company in China, GM’s Onstar and Toyota’s G-book. Balancop also has offices in Hong Kong and Indonesia.
Heritas Capital Management began as an investment/fund management arm of IMC Group, a diversified conglomerate in Singapore. It became a Capital Management Services firm in 2013, and according to its website it manages over SGD 250m in assets. In Indonesia, it has backed telemedicine startup Alodokter and healthy catering company Gorry Holdings.
Heritas Capital Management began as an investment/fund management arm of IMC Group, a diversified conglomerate in Singapore. It became a Capital Management Services firm in 2013, and according to its website it manages over SGD 250m in assets. In Indonesia, it has backed telemedicine startup Alodokter and healthy catering company Gorry Holdings.
CFO and co-founder of Modulous Tech
Sarah Hordern is a co-founder, CFO and Group Development Leader at UK-based Modulous, the first end-to-end generative design and delivery solution for affordable, sustainable and modulized housing, where she has worked since 2019. She is simultaneously a non-executive director at Oxford University Hospitals NHS Foundation Trust and at lenders Newbury Building Society. She was previously executive advisor at the Cambridge Code 2018-19, the first digital tool that measures subconscious drivers of behavior, and spent two years as COO at residential management company Meyrick Estate Management. From 1999 to 2014, she was a joint managing director in the area of property and finance at Newbury Racecourse, one of the UK’s largest horse-racing establishments, where she was responsible for the design and commercial negotiations for a new community of 1,500 homes. Prior to this, Hordern spent five years at PwC in corporate tax management. She holds a Bachelor’s degree from Oxford University in Politics, Philosophy and Economics.
Sarah Hordern is a co-founder, CFO and Group Development Leader at UK-based Modulous, the first end-to-end generative design and delivery solution for affordable, sustainable and modulized housing, where she has worked since 2019. She is simultaneously a non-executive director at Oxford University Hospitals NHS Foundation Trust and at lenders Newbury Building Society. She was previously executive advisor at the Cambridge Code 2018-19, the first digital tool that measures subconscious drivers of behavior, and spent two years as COO at residential management company Meyrick Estate Management. From 1999 to 2014, she was a joint managing director in the area of property and finance at Newbury Racecourse, one of the UK’s largest horse-racing establishments, where she was responsible for the design and commercial negotiations for a new community of 1,500 homes. Prior to this, Hordern spent five years at PwC in corporate tax management. She holds a Bachelor’s degree from Oxford University in Politics, Philosophy and Economics.
CEO and Founder of Bailian.ai
Feng Shicong graduated from Peking University (PKU) in 2003 with a degree in Computer Science. He was a weighted member of the PKU Sky Network search engine program (the predecessor of Baidu) and has years of experience in the sectors of NLP, big data and information retrieval. Feng developed an acronym search and automatic disambiguation vertical search engine during his time at HP China Research Institute. He has more than 50 patents and over 20 papers published in academic journals such as TKDE and CIKM. Feng is a founding member of Miaozhen Systems and co-founder of MINING LAMP technology. Bailian.ai is his third company.
Feng Shicong graduated from Peking University (PKU) in 2003 with a degree in Computer Science. He was a weighted member of the PKU Sky Network search engine program (the predecessor of Baidu) and has years of experience in the sectors of NLP, big data and information retrieval. Feng developed an acronym search and automatic disambiguation vertical search engine during his time at HP China Research Institute. He has more than 50 patents and over 20 papers published in academic journals such as TKDE and CIKM. Feng is a founding member of Miaozhen Systems and co-founder of MINING LAMP technology. Bailian.ai is his third company.
CEO and co-founder of Modulous Tech
Chris Bone is co-founder and CEO at UK-based Modulous, the first end-to-end generative design and delivery solution for affordable, sustainable and modulized housing, where he has worked since 2018. He is simultaneously director and co-founder at engineering consultancy Optimise, based in London and Dubai, where he has worked since 2012 and where the concept for Modulous was conceived. Prior to these, Bone was CEO at engineering company Bone Steel from 2008-10, founder and director at Globalsport from 2005-8, and founder and managing director at Safe Consulting, part of engineering consultancy WhitbyBird from 1999-2004. His experience has included working on major projects, including Wembley Stadium, BBC Broadcasting House and the Royal Ballet School, as well as designing a process for automating fire protection for steel buildings.
Chris Bone is co-founder and CEO at UK-based Modulous, the first end-to-end generative design and delivery solution for affordable, sustainable and modulized housing, where he has worked since 2018. He is simultaneously director and co-founder at engineering consultancy Optimise, based in London and Dubai, where he has worked since 2012 and where the concept for Modulous was conceived. Prior to these, Bone was CEO at engineering company Bone Steel from 2008-10, founder and director at Globalsport from 2005-8, and founder and managing director at Safe Consulting, part of engineering consultancy WhitbyBird from 1999-2004. His experience has included working on major projects, including Wembley Stadium, BBC Broadcasting House and the Royal Ballet School, as well as designing a process for automating fire protection for steel buildings.
CTO and co-founder of Bygen
Ben Morton is an Australian entrepreneur and a chemical engineer by training. While serving in the Royal Australian Infantry, he attended Flinders University, pursuing a double honours degree in physics and organic chemistry. After graduating in 2013, Morton briefly worked as a chemist at fertilizer company SprayGro. In 2016, he enrolled at the University of Adelaide to pursue a PhD in Chemical Engineering. There, he joined Philip Kwong’s research group and met fellow PhD student Lewis Dunnigan. Using technology they developed at the research group, in 2017 Morton, and Dunnigan established Bygen, a startup offering a low-cost, novel way process of making activated carbon using various forms of agricultural waste, with Kwong as a technical adviser and fellow co-founder. Morton is now CTO of Bygen.
Ben Morton is an Australian entrepreneur and a chemical engineer by training. While serving in the Royal Australian Infantry, he attended Flinders University, pursuing a double honours degree in physics and organic chemistry. After graduating in 2013, Morton briefly worked as a chemist at fertilizer company SprayGro. In 2016, he enrolled at the University of Adelaide to pursue a PhD in Chemical Engineering. There, he joined Philip Kwong’s research group and met fellow PhD student Lewis Dunnigan. Using technology they developed at the research group, in 2017 Morton, and Dunnigan established Bygen, a startup offering a low-cost, novel way process of making activated carbon using various forms of agricultural waste, with Kwong as a technical adviser and fellow co-founder. Morton is now CTO of Bygen.
Roger Federer, the Swiss 20-times Grand Slam tennis champion, has turned into an angel investor while planning his professional life beyond and after his tennis sports career.In 2019, he invested in On, the Swiss running shoe manufacturer for an undisclosed funding amount. Federer currently has no formal role in the company but he’s actively involved in its R&D and product development. “I feel like I can give input on any of the lines, the shoes, anything moving forward. I can give my opinion on anything and On can either take it or leave it. I feel like [with] a major brand like Nike, that's literally impossible. It just wouldn't work,” he has said.More recently, Federer participated in a Series D funding round backing the first Chilean unicorn NotCo, which sells plant-based food and beverage products across Latin America and the US.
Roger Federer, the Swiss 20-times Grand Slam tennis champion, has turned into an angel investor while planning his professional life beyond and after his tennis sports career.In 2019, he invested in On, the Swiss running shoe manufacturer for an undisclosed funding amount. Federer currently has no formal role in the company but he’s actively involved in its R&D and product development. “I feel like I can give input on any of the lines, the shoes, anything moving forward. I can give my opinion on anything and On can either take it or leave it. I feel like [with] a major brand like Nike, that's literally impossible. It just wouldn't work,” he has said.More recently, Federer participated in a Series D funding round backing the first Chilean unicorn NotCo, which sells plant-based food and beverage products across Latin America and the US.
Shanghai Songheng Network Technology Co., Ltd.
Shanghai Songheng Network Technology Co., Ltd., is an internet software company founded in 2014. It has registered capital of RMB 11.6 million and annual turnover of hundreds of millions of RMB. It specializes in design, R&D and operation and marketing of internet-based products.
Shanghai Songheng Network Technology Co., Ltd., is an internet software company founded in 2014. It has registered capital of RMB 11.6 million and annual turnover of hundreds of millions of RMB. It specializes in design, R&D and operation and marketing of internet-based products.
Co-founder and Chief Architect of Zen Video
Liu Xi holds a doctoral degree in Computer Science from Carnegie Mellon University. He participated in the development of Apache Spark, an open-source cluster-computing framework. He used to work at Conviva, an American company offering solutions for online video optimization and online video analytic. There, he developed a system for big data analytics applicable to video streams, which has been used by TV networks, such as ESPN, HBO and China Central Television. His research focuses on cloud computing and big data analytics for video streams.
Liu Xi holds a doctoral degree in Computer Science from Carnegie Mellon University. He participated in the development of Apache Spark, an open-source cluster-computing framework. He used to work at Conviva, an American company offering solutions for online video optimization and online video analytic. There, he developed a system for big data analytics applicable to video streams, which has been used by TV networks, such as ESPN, HBO and China Central Television. His research focuses on cloud computing and big data analytics for video streams.
CEO and founder of Plantruption
Jennifer O'Brien qualified as a financial advisor at University College Dublin in 2010. She started her banking career in 2007 at AIB where she spent six years working with SMEs and investments. In 2013, she joined KBC Bank Ireland as a restructures executive and went on to work as an asset manager at Link Asset Services in 2016. O’Brien also worked in asset management for two years at O’Dwyer Real Estate Management while completing an MBA at Trinity College Dublin. She left the realty company in 2019 to realize her dream to create alt-protein seafood using locally sourced seaweed.
Jennifer O'Brien qualified as a financial advisor at University College Dublin in 2010. She started her banking career in 2007 at AIB where she spent six years working with SMEs and investments. In 2013, she joined KBC Bank Ireland as a restructures executive and went on to work as an asset manager at Link Asset Services in 2016. O’Brien also worked in asset management for two years at O’Dwyer Real Estate Management while completing an MBA at Trinity College Dublin. She left the realty company in 2019 to realize her dream to create alt-protein seafood using locally sourced seaweed.
Co-founder of Diamond Foundry
Kyle Gazay is a co-founder of Diamond Foundry, the US-based unicorn that makes lab-grown diamonds and which is also the world’s first diamond producer to be certified carbon neutral. He has worked at Diamond Foundry since its launch, and held several roles there, including being COO as well as president of productionCurrently, Gazay oversees all diamond production at the company. Gazay’s expertise is in engineering and production. He has a decade’s track record in working with any equipment to obtain a robust and repeatable baseline output.Like the other co-founders of Diamond Foundry, Gazay previously worked at Nanosolar, a $640m US-based solar power technology provider, which later folded due to pressure from cheaper competition in China. At Nanosolar, Gazay led the development of its production line, and oversaw the translation of the company’s research into development and baseline production output. Upon the closure of Nanosolar, Gazay joined former Nanosolar CEO Martin Roscheisen and former Nanosolar engineer Jeremy Scholz in pivoting to work on lab-grown diamonds, and in establishing Diamond Foundry.
Kyle Gazay is a co-founder of Diamond Foundry, the US-based unicorn that makes lab-grown diamonds and which is also the world’s first diamond producer to be certified carbon neutral. He has worked at Diamond Foundry since its launch, and held several roles there, including being COO as well as president of productionCurrently, Gazay oversees all diamond production at the company. Gazay’s expertise is in engineering and production. He has a decade’s track record in working with any equipment to obtain a robust and repeatable baseline output.Like the other co-founders of Diamond Foundry, Gazay previously worked at Nanosolar, a $640m US-based solar power technology provider, which later folded due to pressure from cheaper competition in China. At Nanosolar, Gazay led the development of its production line, and oversaw the translation of the company’s research into development and baseline production output. Upon the closure of Nanosolar, Gazay joined former Nanosolar CEO Martin Roscheisen and former Nanosolar engineer Jeremy Scholz in pivoting to work on lab-grown diamonds, and in establishing Diamond Foundry.
Salut Monràs is Wealth Manager and CEO of Valra Finances, S.L., a family holding company with financial assets and investments in Biotech, AI, Fintech and real estate. She has broad experience in communication, production and design and is passionate about aesthetics and creativity. She is a mother of three and a former international model, professor and entrepreneur. She is general manager of Lorda, S.L., model agent and booker for Francina Modelling Agency and is also founder of Mother Studio and co-founder and commercial director of HELMUTANDCO. She has a degree in Graphic Design from the Ramon Llull University.
Salut Monràs is Wealth Manager and CEO of Valra Finances, S.L., a family holding company with financial assets and investments in Biotech, AI, Fintech and real estate. She has broad experience in communication, production and design and is passionate about aesthetics and creativity. She is a mother of three and a former international model, professor and entrepreneur. She is general manager of Lorda, S.L., model agent and booker for Francina Modelling Agency and is also founder of Mother Studio and co-founder and commercial director of HELMUTANDCO. She has a degree in Graphic Design from the Ramon Llull University.
Owned by French investment group Eurazeo, Idinvest Partners was founded in 1997 in Paris, France, as AGF Private Equity and operated as part of German multinational Allianz until 2010, when it became an independent entity. With additional offices in Madrid, Frankfurt, Shanghai and Dubai, Idinvest manages €8bn in assets and has invested in around 4,000 companies, with 75 exits. It specializes in private equity and venture capital financing of European small and mid-size startups and has been named Best Private Equity Team by Deloitte in its 2012 Technology Fast 50 Awards. The company was acquired by Eurazeo in April 2018.
Owned by French investment group Eurazeo, Idinvest Partners was founded in 1997 in Paris, France, as AGF Private Equity and operated as part of German multinational Allianz until 2010, when it became an independent entity. With additional offices in Madrid, Frankfurt, Shanghai and Dubai, Idinvest manages €8bn in assets and has invested in around 4,000 companies, with 75 exits. It specializes in private equity and venture capital financing of European small and mid-size startups and has been named Best Private Equity Team by Deloitte in its 2012 Technology Fast 50 Awards. The company was acquired by Eurazeo in April 2018.
Founded in 2018, Kale United is a Stockholm-based ethical investor with an overriding interest in plant-based technologies. It raises funds from crowd campaigns and currently has a portfolio of 30 companies, mostly Swedish alternative meat startups. It had crowdfunded €1.34m by April 2020 for its portfolio of companies from three separate campaigns. It also has a portfolio of plant-based public shares and features a team of vegan expert investors and business leaders. Its founder, Måns Ullerstam, owns a third of the company. He is also CEO of local vegetarian food producer startup Astrid och Aporna.
Founded in 2018, Kale United is a Stockholm-based ethical investor with an overriding interest in plant-based technologies. It raises funds from crowd campaigns and currently has a portfolio of 30 companies, mostly Swedish alternative meat startups. It had crowdfunded €1.34m by April 2020 for its portfolio of companies from three separate campaigns. It also has a portfolio of plant-based public shares and features a team of vegan expert investors and business leaders. Its founder, Måns Ullerstam, owns a third of the company. He is also CEO of local vegetarian food producer startup Astrid och Aporna.
CEO and Founder of Reworld
Xing Shanhu worked as a journalist before he joined Kingsoft in 1998 in a product marketing role. He began his career in the online gaming industry in 2002 when he co-founded Beijing Huanleshidai Technology where he served as the deputy general manager for the company’s day-to-day operations. In 2006, he developed and operated web games like XYZ and Perfect 3 Kingdoms. In 2008, he became VP of Kylin Games, responsible for operations of games like Genghis Khan OL. He became president of Kylin Games in 2010. In 2011, Xing founded Beijing Locojoy Technology to develop and operate iOS system-based games and web games. His company operated the game, I’m MT Online in 2012, which became a big hit in the game industry. His I’m MT series games had generated a total of $800m in revenue. In 2018, he founded Beijing Code View Technology, which launched Reworld in 2019.He also published several fiction novels at a young age.
Xing Shanhu worked as a journalist before he joined Kingsoft in 1998 in a product marketing role. He began his career in the online gaming industry in 2002 when he co-founded Beijing Huanleshidai Technology where he served as the deputy general manager for the company’s day-to-day operations. In 2006, he developed and operated web games like XYZ and Perfect 3 Kingdoms. In 2008, he became VP of Kylin Games, responsible for operations of games like Genghis Khan OL. He became president of Kylin Games in 2010. In 2011, Xing founded Beijing Locojoy Technology to develop and operate iOS system-based games and web games. His company operated the game, I’m MT Online in 2012, which became a big hit in the game industry. His I’m MT series games had generated a total of $800m in revenue. In 2018, he founded Beijing Code View Technology, which launched Reworld in 2019.He also published several fiction novels at a young age.
Consumers Trust: The company that gives consumers a voice
Consumers Trust has become Portugal's go-to company for customer complaint resolution; it is seeking funding to enable it to replicate its success in new markets
Petit Pli: Origami-inspired clothes that still fit, even after the body has grown
Founded by a young aeronautical engineer, Petit Pli produces stylish, sustainable pleated garments made from recycled plastic that expand up to seven sizes
Get fit and healthy with these Indonesian wellness startups
The wellness lifestyle trend continues to grow in popularity in Indonesia, and startups want a piece of the action
HEMAV: World’s leading drone services company for agriculture
Now a global leader known for its industry-targeted software, HEMAV has expanded to 15 countries, working with utilities, farms and public bodies
Payfazz aims to be Indonesia's first on-demand financial services company
Handling transactions averaging over IDR 1tn monthly, Payfazz hopes to bring the benefits of banking to all Indonesians
Alén Space: Nanosatellite company targets contracts of over €2 million by 2020
Alén Space seeks funding of €1.5 million to accelerate plans to win a share of the global market of 2,600 small satellites to be launched by 2023
Wondaswim recycles dumped fishing nets to make sustainable swimwear, reduce ocean pollution
Lisbon-based startup by German co-founders creates sustainable swimwear for all body sizes, targeted at millennials
Halofina brings wealth management to millennials
Indonesian startup extends service once reserved for the rich to a wider market so the young can invest toward their life goals
In Portugal tourism tech gets disrupted, in time for post-Covid-19 era
As Portugal reopens to tourists early next month, the sector is banking on a new generation of tourism tech startups to enable safety and reassure visitors
Shrimp-farming data made easy: Interview with JALA’s CEO Liris Maduningtyas
Indonesian agritech startup JALA managed to overcome the hurdles caused by lack of experience after participating in accelerator programs. It is now taking the next steps to better products
Portugal pumps up to €60m into new initiatives to avert backslide in startup ecosystem
Government funding to ensure the strategically important and social impact startups don't fail, post-Covid
In this shipping container, you can work out and save money
By eliminating the need to pay for an expensive gym membership, ParkBox is good news for gym buffs
SWITCH Singapore 2021: How to harness the power of the deep tech ecosystem
Investor Jason Illian of Koch Disruptive Technologies talks talent, scaling for deep tech startups, and why longer gestation periods and mid-course pivots don’t have to be deal breakers
Brazilian edtech Blox seeks to upgrade university education across Latin America
Blox plans to raise over $1m in 2021 to expand across Brazil and Mexico, giving more choices to students to personalize degree programs with its AI curriculum management SaaS
Financial planning startup Halofina raises pre-Series A from Mandiri Capital, Finch Capital
The funding is meant to “bridge” the company toward a 2020 Series A round as it launches a new subscription plan and works with financial advisors
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