According to Dongdian Technology, on February 21, the global early project venture capital organization SOSV’s new brand Orbit Startups (Chinese: Xingji Chuangkrypton, hereinafter referred to as: Orbit ) plans to complete the acquisition of six overseas early technology projects in the first quarter of this year. Investment and project vertical fields are in e-commerce, education technology, real estate technology, financial technology, supply chain, human resources technology and other tracks. According to statistics, Orbit will complete investment in 36 overseas technology projects in 2022. During the epidemic period, it will continue to help more than 20 investment projects complete more than 200 million US dollars in late-stage financing and mergers and acquisitions.
It is understood that the founders and co-investors of Orbit’s investment projects in this quarter (Q1) and large enterprise strategic investors will gather in Singapore. The investment projects include EasyFresh, a retail and supply chain project from Pakistan (integrating and linking Pakistan’s agricultural owners and retailers to create a digital food supply chain platform), Indonesia’s real estate technology project Flokq (a SaaS management platform that provides house rental and related property management for Indonesian users), Africa’s financial technology project InfiniteUp (helps users with bank accounts and unbanked accounts in Africa and their Friends and family jointly manage loans), Indonesia’s e-commerce retail project Jagofon (provides about 200 million Indonesian Opportunity interactive live broadcast platform), Ubanku, a Colombian financial technology project in Latin America (a digital bank serving the financial services of the young generation in Latin America).
William Bao Bean, executive partner of SOSV and managing director of Orbit Startups, shared with TechNode: “The projects selected for this roadshow will not only receive investment support, but Orbit will also provide projects with ‘lifetime assistance development services’ to help rear projection projects Quickly respond to challenges and occupy the target and frontier markets.” In addition, the invested projects not only receive Orbit’s lifelong service and financial support, but also can be connected to the entrepreneurial projects of Orbit’s ecology according to the project development stage, model and track. , large enterprises, institutions, mentors and media and other all-round resource support, quickly boosting the growth rate and commercialization of new investment projects.
According to Dongdian Technology, the Indonesian project Octopus (Indonesian circular economy project), the Pakistani project Linkstar (professional talent platform), and iWebTechno (professional talent platform) invested by Orbit 2022 in the second half of the year have successfully obtained tens of millions of dollars after the roadshow. financing. In addition, VeriSmart (blockchain-based data exchange platform) has also completed the acquisition of DolphinChat (artificial intelligence enterprise).
