Timbul Venture

From our start in Paris in 1998, we've built Ventech to team up with Europe's most innovative & globally ambitious tech-driven leaders. Ventech Europe invests all across Europe from our local bases in France, Germany & the Nordics. Ventech China invests across China & Southeast Asia from home bases in Hong Kong & Shanghai. As a pioneering early-stage investor in the pan-European VC playground, Ventech deeply believes in the role played by impact investing and the responsibility in choosing to invest in projects, companies and sectors that are environmentally, socially and governance responsible.

More than just a South East Asian country with a profoundly distinctive culture, Viet Nam itself is in the golden population period with increasing quality in manpower and an open economy that is always ready to take on new trends. Based on the above competitive advantages, we seek to partner with enterprises/startups in the early stage (Seeding, Pre-series A, Series A) with an investment ranging from 100 thousand to 1.5 million USD. Our only requirements for startups include either of the following: LOCAL SPECIALTIES: The value of local specialties, from the sustainable exploitation of material sources to the application of traditional and regionally characteristic techniques, must be highlighted comprehensively during the production and development process of startups. BREAK-THROUGH TECHNOLOGY FOUNDATION: The core business model must be based on innovative ground-breaking technologies, can solve the society’s most urgent issues, keep up with trends and have future expansion plans into the international market. INVESTMENT THESIS Based on the above investment strategy, we evaluate the suitability of our partnered enterprise or startup via the following investment thesis: SUSTAINABLE DEVELOPMENT (ESG): This is the first and also the core element that ITI takes into consideration in our evaluation process: Environmental Friendliness, Community – society development capability (Social), Optimal business management model (Governance). BUSINESS MODEL SERVING LARGE DOMESTIC AND FOREIGN MARKETS: Vietnam is considered a potential market, with a total population of nearly 100 million people, increasingly improving average GDP per capita of roughly 3,694 USD/person (2021) beside the middle class with the fastest growth rate in Southeast Asia (2020). At the same time, total export ranks 16 globally (2020), a growth rate of 16% in value (2021). These key factors prompt us to highly appreciate the attractiveness of both the domestic market and the country’s export capability. As can be observed from our early-stage investment strategy (Seeding, Pre-seeding), ITI Fund seeks elements beyond mere innovative products, services, or business models. We prioritize startups and projects that can satisfy both the domestic and international market HUMAN FACTOR: Human plays the most crucial role in the innovation part of any businesses, accordingly deciding the business’s existence. ITI will, therefore, only cooperate and invest in projects where co-founders have the required in-depth knowledge and practical hands-on experience in their specific field of operation. At the same time, founders must be sensitive and adaptable to market fluctuations, able to connect and coordinate with the company’s pivotal team and uphold the entrepreneurial spirit.

With offices in Paris, London, Seoul and Singapore, our mission is to broaden the horizon of European technology by providing leading start-ups with the capital for growth and access to Asian markets. Our strong ties with many leading Asian corporates, together with our network in Asian tech ecosystems offer our portfolio companies much more than just capital. Founded in 2016 by Fleur Pellerin, former French Minister for Innovation and Digital Economy, Korelya Capital (a Korelya Groupe company) is an investment platform with over EUR 500 million under management. We back the most ambitious founders in their journey to build global technology champions by sharing our passion, experience and market reach. We are thesis-driven investors supporting exceptional founders at every step of their journey We seek out exceptional and talented European founders who put global ambition at the core of their mission and then work relentlessly with them to achieve it. We focus our sourcing on well-defined investment theses and criteria and we are quick to recognise if a business is not for us. Once we partner with a founder, we are highly engaged: we know the challenges of scaling across multiple markets faced by our companies and we leverage our network and expertise to make the journey a success. Advocates of a sustainable tech ecosystem. For decades, sustainable development has steadily grown in public opinion and business and political agendas globally. Organizations large and small are increasingly accountable for their social and environmental footprint. While legal and statutory obligations today almost exclusively concern large corporations, we believe sustainability should be an integral part of corporate agendas at every stage of a company’s journey, for both ethical and economic reasons. We are convinced that companies embracing societal and environmental challenges will drive superior value creation in the long term. Europe has a clear head start and an unmissable opportunity to create the next generation of sustainable global leaders. That is why at Korelya we chose to set ourselves ambitious yet realistic sustainability goals, with an action plan designed to lead by example and promote our strong beliefs amongst our portfolio companies.

We provide growth capital and customized managerial support to Thai SMEs with the potential to achieve sustainable growth/breakthrough/disruption in the region.

East Ventures is a pioneering and leading sector-agnostic venture capital firm. Founded in 2009, East Ventures has transformed into a holistic platform that provides multi-stage investment, from Seed to Growth stage investments, for over 300 tech companies across Southeast Asia. We also have business operations in Japan. East Ventures is committed to achieving sustainable development and bringing positive impacts to society through its initiatives and ESG-embedded practices. Our Investment Philosophy We have a unique method to assess and decide to invest in potential startups. The firm used the “3P” – People, Product, and Potential Market – to assess the potential investment. However, we realize that “2P” – People and Potential Market – are enough in helping us to evaluate the investment. People: We believe that good founders have three core traits: integrity, high-level self-awareness and paradoxical trait. Potential Market: We always ask the founders about the potential market size and the target of a reasonable market they want to see. The philosophy has carried East Ventures to be a fast decision maker in dealing with investments. The deals can be done within 24-48 hours.

We seek to back entrepreneurs with revolutionary technologies committed to solving major global problems. We deliver extraordinary financial returns by investing capital in a sustainable, compliant and impactful manner. We let Founders focus on what they do best. We are long-term partners that understand the importance of providing entrepreneurs with space to grow, whilst supporting our founders with the Vickers network to fuel their growth. The Vickers Investment Strategy Our strategy is the result of decades of experience in venture investing. Dealflow: We cast a wide net to source for category defining companies from a large and global deal flow. Investing: We sieve and invest in companies with the best chance of success. Growing: We provide our expertise and our time to support our founders and build strong businesses. This is our strategy and our advantage. Deal FlowBest of Vickers: Our strategy to double-down in companies we have cultivated, using later funds, where we know the team, strategy and have witnessed execution success in sectors that are still in the high growth stage.‍ Best of Vickers is important for our risk mitigation strategy that sets a firm foundation for each fund’s portfolio. Macro View: Emphasis of portfolio construction following macro trends, draws on our investment committee’s experience and nuanced understanding of the big picture. This has been key to reduce beta risk because sound investments are not subject to trends and stand the test of time. Global Presence: We are a global team of diverse individuals with broad interests and deep knowledge and expertise across various deep-tech sectors to find the best technologies. InvestingRisk Mitigation: Our strategy to double-down in companies we have cultivated, using later funds, where we know the team, strategy and have witnessed execution success in sectors that are still in the high growth stage. Platform plays: Emphasis of portfolio construction following macro trends, draws on our investment committee’s experience and nuanced understanding of the big picture. This has been key to reduce beta risk because sound investments are not subject to trends. People Investing: We invest in founders and teams with vision, resilience and integrity, three traits crucial to turning ideas into successful businesses. GrowingInvesting our Time: Spending the time and working side by side with our portfolio companies on fund-raising, strategic planning and operations. Introducing Our Network: Introducing our broad network to help our companies discover synergies, expand and grow. Sharing Experiences: Our partners have extensive track records to provide insights and invaluable lessons for navigating the challenges faced by growing companies. Our Commitment Vickers is committed to integrating Environmental, Social, and Governance (ESG) in both our investment philosophy as well as our internal processes. We invest in technologies that can Fund a Better World. Internally, we continuously monitor our performance, and work with our portfolio companies to devise actionable ESG plans to improve screening, reporting and issue-resolution measures specific to their individual needs. Our ESG Report provides details on our ESG framework and progress for both Vickers and our portfolio.