# Benny Chen

> Benny Chen is a seed investor at BAce Capital backing E-Commerce and Restaurants. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [BAce Capital](https://shizune.co/investors/profile/bace-capital)
- Total investments: 4
- Last investment: Aug 2022
- Lead investor: 75%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/bennychenyan/

Benny Chen is a seed investor at BAce Capital focused on E-Commerce and Restaurants. Benny Chen - Managing Partner @ BAce Capital

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 2 | 50% |
| Restaurants | 2 | 50% |
| EdTech | 1 | 25% |
| Delivery | 1 | 25% |
| Hardware | 1 | 25% |

16 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Series A | 1 | 25% |
| Series C | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Vietnam | 2 | 50% |
| India | 1 | 25% |
| Philippines | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Vuihoc.vn | Vuihoc.vn is an online platform which provides courses for elementary, middle and high school students. | $2M | Seed | Aug 29, 2022 |  |
| CloudEats | CloudEats operates cloud kitchens and in-house restaurant brands. Its cloud kitchens are in non-retail and cost-efficient spaces, with operations and layouts specifically designed for food delivery. As of March 2020, the company has five cloud kitchens in the Philippines that house 70 in-house restaurant brands. All food brands are available on allfood delivery platforms including Grab Food, Foodpanda and Lalafood. | $5M | Series A | Oct 29, 2021 |  |
| Loship | Lozi is the fastest-growing Tech startup that operates a one-hour-delivery E-commerce platform called Loship. Made by Vietnamese for Vietnamese, Loship offers the most effective distribution networks in Vietnam, filling the massive demand for immediate deliveries in a bustling and modern life, with a wide range of services including food delivery(Loship), grocery delivery (Lomart), ride-hailing (Lo-xe), medicine delivery (Lomed), laundry service (Lozat), package delivery (Lo-send), beauty products delivery (LoBeauty), flower delivery (Lo-hoa) and B2B supply delivery (Lo-supply).Loship now has a fleet of more than 70,000 drivers and 200,000 merchants, serving almost 2,000,000 customers across four big cities of Hanoi, Ho Chi Minh City, Da Nang and Can Tho – all dedicated to fulfilling the Vietnamese consumers’ one-hour delivery needs. | $12M | Series C | Aug 03, 2021 |  |
| Adonmo | AdOnMo primarily provides outdoor advertising solutions that allow clients to display advertisements on LED screens mounted on taxis. | $3M | Seed | Jan 30, 2020 |  |

4 of 4 investments shown.

## Co-investors
- [Gobi Partners](https://shizune.co/investors/profile/gobi-partners) — VC Fund, 2 deals together
- [Vulpes Ventures](https://shizune.co/investors/profile/vulpes-ventures) — VC Fund, 2 deals together
- [Astarc Ventures](https://shizune.co/investors/profile/astarcventures) — VC Fund, 1 deal together
- [Core Capital](https://shizune.co/investors/profile/core-capital-efe6) — VC Fund, 1 deal together
- [Do Ventures](https://shizune.co/investors/profile/do-ventures) — VC Fund, 1 deal together
- [Dt& Investment](https://shizune.co/investors/profile/dt-investment) — VC Fund, 1 deal together

## About BAce Capital

VC Fund · China, Japan

BAce Capital is an investment firm for mobile penetration rates, online time spent, and online transactions. The firm also helps technology companies to grow through their knowledge and resources across China, India, and SEA. They believe mobile internet will transform people’s lives and community and support young dreams, and pursue dreamstogether.BAce Capital was founded in 2018.

4 contacts available at BAce Capital.

| Name | Title | Profile |
| --- | --- | --- |
| Benny Chen | Managing Partner | https://shizune.co/investors/profile/benny-chen |
| Kshitij Karundia | Founder and Managing Partner | https://shizune.co/investors/profile/kshitij-karundia |
| Rijul Jain | Investments Team | https://shizune.co/investors/profile/rijul-jain |
| May Huang | CFO | https://shizune.co/investors/profile/may-huang |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does Benny Chen invest in?

Benny Chen invests primarily in E-Commerce, Restaurants and EdTech startups, most often at Seed and Series A stage. Most of the 4 investments tracked by Shizune back companies in Vietnam. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Benny Chen last invest?

The most recent investment recorded for Benny Chen closed in Aug 2022. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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