Top 10 Impact VC Funds &amp; Investors in Taiwan (June 2026)

Darwin Venture Management is a venture capital firm headquartered in Taipei, Taiwan, with offices in Hsinchu and the United States. Since our founding in 2009, we have managed eight funds, investing primarily in Series A/B, late-stage, and secondary funds. In 2022, we also launched an evergreen angel fund to enable more nimble bets onpromising early-stage teams, and especially those coming from Taiwan’s superb academic and research institutions. This exposure across stages and borders, coupled with the strong technical background of our team, is the source of Darwin’s differentiation. We recently launched our 8th fund Darjune.

Investment focus

Industry: Software, Manufacturing, Information Technology
Stage:Seed, Series A
Geography: Taiwan, United States, Japan

Investor stats

Total investments: 126
Round size: Seed $350k–$43M; Series A $3M–$76M
Lead/follow: 16% lead, 84% follow
Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

Phamily — Full-service care transformation powered by 10+ years of experience, a dedicated clinical workforce, and our AI-enabled platform.
PopChill — PopChill generates an online marketplace for second-hand trade, enabling users to share their fashion styles and sell idle items.
Findy — Findy is a Japanese company once surprised the world by sending out products such as cars and home appliances one after another

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We take a diversified approach, investing in the early stage, across multiple sectors with our deep domain expertise.

Investment focus

Industry: Software, Health Care, Biotechnology
Stage:Series A, Seed, Series B
Geography: United States, Taiwan, China

Investor stats

Total investments: 150
Round size: Seed $1.4M–$5M; Series A $2M–$15M; Series B $6M–$41M
Lead/follow: 21% lead, 79% follow
Last fund: May invest from a new fund soon — raised $174M in 2016

Portfolio highlights

DivX — Download free DivX Software to play, convert and cast video including DivX, AVI, MKV and HEVC files up to 4K. Play AVI and convert to MP4!
AIM — AIM focuses on affordable and easy access to early preventive detection, precision diagnosis and automated prognosis monitoring of prevailing chronic diseases at vast installations of points-of-care.
Immunwork — Immunwork develops innovative drugs that combine targeting and effector functions to enhance efficacy and safety. The company focuses on creating ultralong-acting analogues, such as TE-8214, an octreotide derivative, and TE-8035, a modified human insulin. Immunwork's drug pipeline addresses immune system diseases and leverages a proprietarytechnology platform. The company is involved in clinical trials to validate its therapeutic solutions.

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Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Electronics, Mechatronics and ICT. We run 3-4 rounds of financingevery year. During last 5 years we've funded 58 startups with over 470'000€ in cash + coaching/incubation services. Our protfolio has generated >4,5 M€ revenue and raised >17'000'000€ capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: *) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee *) Additional partners who want to be part of Estonia's next success stories.

Investment focus

Industry: Software, Manufacturing, Internet of Things
Stage:Pre-Seed, Grant, Seed
Geography: Estonia, Finland, Germany

Investor stats

Total investments: 55
Round size: Seed $4k–$13k; Grant $3k–$27k; Pre-Seed $6k–$27k
Lead/follow: 75% lead, 25% follow

Portfolio highlights

Neurosalience — Neurosalience develops a tool for the early detection of dementia from structural MRI scans.
RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.

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AVA Angels is an angel group which focus on connecting angel stage to venture stage of startups. AVA Angels has brought together many outstanding angel investors to find and evaluate together high-quality investment targets, to quickly establish the startup ecosystem and the startup investors network.

Investment focus

Industry: Software, E-Commerce, Information Technology
Stage:Seed, Series A, Pre-Seed
Geography: Taiwan, United States, Singapore

Investor stats

Total investments: 41
Round size: Seed $330k–$5M; Pre-Seed $350k–$2.5M; Series A $3.1M–$10M
Lead/follow: 15% lead, 85% follow

Portfolio highlights

Zeabur — A platform that help you deploy your service with one click, No matter what programming language you use, what framework you use.
PopChill — PopChill generates an online marketplace for second-hand trade, enabling users to share their fashion styles and sell idle items.
CreatorDB — CreatorDB helps brands run data-driven influencer marketing campaigns at global scale. Discover, analyze, and activate top creators worldwide.

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Accord Ventures is a venture capital firm that believes in and supports the potential of Asian entrepreneurs. It has invested in more than 50 startups in Japan, the United States, Taiwan, and Southeast Asia, and new technologies that bring new value to society, such as IoT, AI, and fintech, with a focus on platform businesses that utilize ITtechnology. And new services are supported.

Investment focus

Industry: Internet, Software, E-Commerce
Stage:Seed, Series A
Geography: Japan, United States, Malaysia

Investor stats

Total investments: 44
Round size: Seed $775k–$31M; Series A $5.1M–$45M
Lead/follow: 5% lead, 95% follow
Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

Opt Fit — Opt Fit is a fitness industry that provides fitness, wellness and health-care services.
Yondemy — Yondemy is an online platform for children reading books.
Flow Solutions — You have to know to grow. Flow’s AI-powered platform focuses retail executives, marketing and store teams on actionable steps to delightful customer experiences. Flow leverages IoT and existing retail data sources to standardize data communication across large retail chains while using AI to enable data-centric decision-making through all levels ofthe organization.

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HTC Corp is engaged in the design, development, and manufacture of smartphones and tablets in Taiwan.The company offers PDA phones and smartphones for mobile operators and distributors in Europe, the United States, and Asia. These machines are available as HTC devices and as products individually customized for operators and device partners.The company provides its own HTC self-branded products as well as supports operator-branded products and original equipment manufacturer (OEM) partners. It owns Dopod as a subsidiary company and is a member of the Open Handset Alliance.The company’s products are sold under various brand names such as HTC, Dopod, and Qtek and are often rebranded by major telecommunication carriers. Its products also include pocket PC phones (PDA Phone), ultra mobile phones, HTC kovsky (Sony Ericsson XPERIA X1), and HTC dream (T-mobile G1).HTC Corp was founded by Cher Wang and Peter Chou in 1997. It is headquartered in New Taipei City, Taiwan.

Investment focus

Industry: Virtual Reality, Software, Augmented Reality
Stage:Series A, Seed
Geography: United States, Taiwan, China

Investor stats

Total investments: 43
Round size: Seed $1.2M–$9M; Series A $3M–$50M
Lead/follow: 30% lead, 70% follow
Last fund: May invest from a new fund soon — raised $10M in 2017

Portfolio highlights

Atlas V — Atlas V is a media company that creates alternate worlds through new technologies, visual storytelling, and virtual reality design.
Bitmark — An archive of digital property rights infrastructure.
Oatside — Indulge in creamy oat milk for non-plant milk lovers. Explore Barista Blend, Chocolate, and Oat Latte. Shop now.

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HIM International Music is a company that specializes in music recording, distribution & artist management.

Investment focus

Industry: Training, GreenTech, Recycling
Stage:Seed
Geography: Taiwan

Investor stats

Total investments: 1
Lead/follow: 0% lead, 100% follow

Portfolio highlights

ECOCO circular economy — ECOCO circular economy offers smart recycling machine, bottle closing machine, battery machine, environmental protection, recycling resource regeneration technology and design, education, reduce waste of resources, establish correct habits and reduce environmental impact, and bottle collection machine.

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Formosa Biomedical is a GMP animal vaccine company.

Investment focus

Industry: Training, GreenTech, Recycling
Stage:Seed
Geography: Taiwan

Investor stats

Total investments: 1
Lead/follow: 100% lead, 0% follow

Portfolio highlights

ECOCO circular economy — ECOCO circular economy offers smart recycling machine, bottle closing machine, battery machine, environmental protection, recycling resource regeneration technology and design, education, reduce waste of resources, establish correct habits and reduce environmental impact, and bottle collection machine.

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Riyue Energy Technology is committed to promoting renewable energy.

Investment focus

Industry: Training, GreenTech, Recycling
Stage:Seed
Geography: Taiwan

Investor stats

Total investments: 1
Lead/follow: 0% lead, 100% follow

Portfolio highlights

ECOCO circular economy — ECOCO circular economy offers smart recycling machine, bottle closing machine, battery machine, environmental protection, recycling resource regeneration technology and design, education, reduce waste of resources, establish correct habits and reduce environmental impact, and bottle collection machine.

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