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Top 5 Retail Startup Investors in Taiwan in October 2023

A list of 5 angel investors and VC (Venture Capital) funds that invest in Retail startups based in Taiwan. We rank investors based on the number of investments they made in Retail companies from Taiwan. We update this investor list every month.

Top 5 Retail Startup Investors in Taiwan in October 2023

Investor Retail Taiwan investments
BAI Capital 2
Cherubic Ventures 2
WI Harper Group 1
Jan Hung-Tze 1
HeyTea 1

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Investor list
BAI Capital
VC Fund · Chaoyang, Liaoning, China

BAI Capital is an investment arm of German media mogul Bertelsmann. Its notable investments include electric vehicle upstart Nio, Southeast Asia’s popular live streaming app Bigo, and China’s shared bike pioneer Mobike, which was acquired by Meituan. BAI Capital was founded in 2008 by German businessman Carl Bertelsmann.

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Investment focus

  • Hardware, Semiconductor, Art
  • Series A, Seed, Series B
  • China, Taiwan, Hong Kong

Portfolio highlights

  • CYGNUSEMI — Cygnus Semi is a semiconductor chip technology company that focuses on 5G IoT applications.
  • Speedfox — Speedfox is a home cleaning smart home company.
  • CIX Technology — This Core Technology offers next-generation intelligent computing solutions, designing and developing spec intelligent computing systems.
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Cherubic Ventures
VC Fund · Taipei, T'ai-pei, Taiwan · 8 investments in the past 12 months

Cherubic Ventures is an early stage focused venture capital firm based in Silicon Valley and Greater China.

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Investment focus

  • Software, Artificial Intelligence, E-Commerce
  • Seed, Series A, Angel
  • United States, China, Taiwan

Portfolio highlights

  • Rybit — A leading technology platform that connects the last mile delivery industry, optimizing and simplifying day-to-day delivery operations.
  • Atinary — Atinary is an end-to-end AI, machine learning, robotics, and cloud computing technology platform for digitizing R&D operations.
  • Magic — Onboard users to your dApp with just an email, phone number, or social login. Multi-chain, highly scalable, and battle-tested.
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WI Harper Group
VC Fund · San Francisco, California, United States · 1 investment in the past 12 months

WI Harper Group is a venture capital firm that focuses on early and early expansion investments in Mainland China, Taiwan and Silicon Valley.It was founded in 1993. Made 300+ investments with 80+ exits. Manages 9 funds and over $1B in capital through 19 dedicated investment professionals located in Beijing, Taipei and San Francisco.Thefirm's focus is technology, clean technology and healthcare. Its track record includes

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Investment focus

  • Software, Health Care, Biotechnology
  • Series A, Seed, Series B
  • United States, Taiwan, China

Portfolio highlights

  • Bitmark — Bitmark restores trust in data. Our end-to-end Internet protocol secures the provenance of data. This makes it possible to have verifiable information, digital property rights, and safe sharing of personal data—without the need for trusted third parties. UC Berkeley, Pfizer, and KKBOX use Bitmark in healthcare, music, art, and more. #digitalrights
  • Blackpanda — Asia's premier digital forensics and cyber incident response firm.
  • FlexCompute — Our aerodynamics & electromagnetic simulation solutions reduce solve times, time to market, overall cost, and ensure a more robust product.
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Jan Hung-Tze
Angel

A native of Nantou County born in the year 1956, Hung-Tze Jan graduated from the Department of Economics at National Taiwan University.Hung-Tze Jan is the chairman of PChome Online and also the founder of PChome Publication and Cite Publication.Hung-Tze Jan has over 30 years of experience in the media industry, having worked for United DailyNews, Commercial Times, China Times, Yuan-Liou Publishing, Rock Records, Chinese Television System, Business Weekly, and many more. During the time he served as editor-in-chief for numerous media companies, he planned and edited over thousands of books and periodicals and was the founder of over forty magazines, including PChome and Business Next.In Taiwan, Hung-Tze Jan is an acclaimed writer, opinion leader, filmmaker, editor, and publisher. He is highly respected for his insights on the issues between the socioeconomic environment and the trend towards the internet culture and creativity.Hung-Tze Jan is the chairman of the Taiwan Internet and E-Commerce Association (TiEA). He has also served as chairman, director, and supervisor for many other associations in the publishing and information industries. In 1997, the People Magazine of Taiwan awarded him the Diamond Award. In 2008, the Government Information Office awarded him the Special Award of the 2nd Golden Vessel Awards for Digital Publishers.

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Investment focus

  • SaaS, Apps, PaaS
  • Seed, Series A
  • Japan, Taiwan

Portfolio highlights

  • 91APP — 91APP is a leading omnichannel commerce solution provider in Taiwan, providing brand-own shopping app and websites for retailers.
  • awoo Intelligence — Helps businesses connect with customer intentions across the marketing funnel from every possible touchpoint to drive actionable insights
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HeyTea
VC Fund · Shenzhen, Guangdong, China

HeyTea is a Chinese tea shop that specializes in cheese-topped tea and fruit tea. In 2012, HEYTEA originated from an alley in the riverside. Originally known as ROYALTEA , the royal tea was completely upgraded to the registered brand HEYTEA.

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Investment focus

  • Food and Beverage, Coffee, Retail
  • Series A, Funding Round
  • China, Taiwan

Portfolio highlights

  • WAT — WAT is a cocktail and spirits brand that provides bottled cocktails packaged in a futuristic way.
  • Heqi Taotao — Heqi Taotao is a restaurant chain that offers peach-flavored beverages and snacks.
  • Seesaw Coffee — Seesaw Coffee provides unique coffee experiences to the communities.
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