# HCL Capital

> HCL Capital is a VC fund in Hong Kong backing B2B, SaaS and Hotel. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Hong Kong, Hong Kong
- Total investments: 3
- Last investment: Jun 2022
- Lead investor: 0%
- Last updated: Aug 2026
- Website: https://www.hcl-capital.com

HCL Capital is a VC fund in Hong Kong focused on B2B and SaaS. HCL Capital operates as a family investment office.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $400k–$1.1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| B2B | 1 | 33% |
| SaaS | 1 | 33% |
| Hotel | 1 | 33% |
| Travel | 1 | 33% |
| Tourism | 1 | 33% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 33% |
| Series A | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Malaysia | 1 | 33% |
| Hong Kong | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Flow - By the Hour Hotel Booking Platform | With Flow App, you can book a hotel room or work desk with flexible check-in time and duration from 1 to 12 hours. You can save up to 75% off the regular full-day booking prices. Our partners include 3 to 5 star hotels as well as stylish co-working spaces. You can enjoy all the amenities on the premise as well.Why book for the whole day, if youneed to stay for just a few hours? Book with Flow App now!"Let Us Take Care of Your Flow" - Instantly book an hourly hotel room or co-working space for only the time you need through our Flow App. Whether you need a room or office desk now or in a few days, Flow App is the ultimate solution for affordable and last-minute space booking during the daytime.We offer flexible check-in and check-out times and you can pay by the minute, by the timeslots, or by the night.You deserve a better plan and only pay for what you need.The perfect solution for travellers:- Stopover between flights - Timely relax with a nap after shopping - Quick recharge from hours of traveling around - Photo-shooting or interviews with thematic room settings - Lunch break or daybreak between split shiftsFlow App is your best app with the lowest price for bookings with hotels, for any reason. Here at Flow we strive for creating the best customer experience and will make you fall in love with the concept of the "intra-day hotel".We know as a business traveller you:- Spend a lot of time traveling in-between meetings that you have no time to focus on work - Look for a place nearby to touch up the presentation deck or send an email before a client meeting - Want a quiet environment to take calls or join Skype conference - Get a request from a client who just arrived in town to meet upWe truly understand the truth for businessmen who frequently travels for work – it’s tough to be productive on the roadThrough Flow you can book your hourly office space for a few hours or half a day, from the comfort of your palm. And it is as easy as a few clicks.There are numerous reasons to book a day room of office with Flow App - whether you are looking for a temporary private space or a nearby comfortable place to recharge yourselves between 9 and 5, Flow App offers you an alternative hotel and working experience – intraday hotels and workspace are here to satisfy all your desires.Our features:- Book an hourly hotel room or office desk - Instant payment and real-time confirmation by credit card 24/7 - Complete the booking by only in a few clicks - Daytime hotels or offices in busy districts around the corner - Real-time information about availability and prices | $1.1M | Seed | Jun 13, 2022 |  |
| Borong | Dropee is a SaaS-enabled marketplace that connects local independent retailers with brands in South East Asia via an ordering app. The marketplace's unique value proposition makes it easier for businesses both big and small to manage their procurement and supply chain ecosystem. It allows businesses to get connected in order to buy and sell inbulk and the enterprise solution allows businesses to streamline their operational processes to work more efficiently and effectively.Dropeee’s platform connects suppliers with small-to-medium enterprise (SME) business owners in real-time to streamline the product fulfillment process and facilitate bulk purchases through a suite of enterprise solutions. The supply-chain in Malaysia and across Southeast Asia lacks meaningful real-time connectivity between suppliers and retailers. The modern, digital approach to the wholesale industry allows retailers to discover, purchase, and manage inventories for their store all on a single marketplace platform. | $3M | Series A | Jan 19, 2022 |  |
| Flow - By the Hour Hotel Booking Platform | With Flow App, you can book a hotel room or work desk with flexible check-in time and duration from 1 to 12 hours. You can save up to 75% off the regular full-day booking prices. Our partners include 3 to 5 star hotels as well as stylish co-working spaces. You can enjoy all the amenities on the premise as well.Why book for the whole day, if youneed to stay for just a few hours? Book with Flow App now!"Let Us Take Care of Your Flow" - Instantly book an hourly hotel room or co-working space for only the time you need through our Flow App. Whether you need a room or office desk now or in a few days, Flow App is the ultimate solution for affordable and last-minute space booking during the daytime.We offer flexible check-in and check-out times and you can pay by the minute, by the timeslots, or by the night.You deserve a better plan and only pay for what you need.The perfect solution for travellers:- Stopover between flights - Timely relax with a nap after shopping - Quick recharge from hours of traveling around - Photo-shooting or interviews with thematic room settings - Lunch break or daybreak between split shiftsFlow App is your best app with the lowest price for bookings with hotels, for any reason. Here at Flow we strive for creating the best customer experience and will make you fall in love with the concept of the "intra-day hotel".We know as a business traveller you:- Spend a lot of time traveling in-between meetings that you have no time to focus on work - Look for a place nearby to touch up the presentation deck or send an email before a client meeting - Want a quiet environment to take calls or join Skype conference - Get a request from a client who just arrived in town to meet upWe truly understand the truth for businessmen who frequently travels for work – it’s tough to be productive on the roadThrough Flow you can book your hourly office space for a few hours or half a day, from the comfort of your palm. And it is as easy as a few clicks.There are numerous reasons to book a day room of office with Flow App - whether you are looking for a temporary private space or a nearby comfortable place to recharge yourselves between 9 and 5, Flow App offers you an alternative hotel and working experience – intraday hotels and workspace are here to satisfy all your desires.Our features:- Book an hourly hotel room or office desk - Instant payment and real-time confirmation by credit card 24/7 - Complete the booking by only in a few clicks - Daytime hotels or offices in busy districts around the corner - Real-time information about availability and prices | $400K | Seed | Mar 26, 2020 |  |

3 of 3 investments shown.

## Co-investors
- [Brama One Ventures](https://shizune.co/investors/profile/brama-one-ventures) — VC Fund, 1 deal together
- [LKF Capital](https://shizune.co/investors/profile/lkf-capital) — VC Fund, 1 deal together
- [Milliard Partners](https://shizune.co/investors/profile/milliard-partners) — VC Fund, 1 deal together
- [Resolution Ventures](https://shizune.co/investors/profile/resolution-ventures) — VC Fund, 1 deal together
- [Stan Group](https://shizune.co/investors/profile/stan-group-4f5c) — VC Fund, 1 deal together
- [Unpopular Ventures](https://shizune.co/investors/profile/unpopular-ventures) — VC Fund, 1 deal together

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## FAQ

### What does HCL Capital invest in?

HCL Capital invests primarily in B2B, SaaS and Hotel startups, most often at Seed and Series A stage. Most of the 3 investments tracked by Shizune back companies in Malaysia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is HCL Capital's check size?

HCL Capital typically joins rounds of $400k–$1.1M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds HCL Capital participates in.

### When did HCL Capital last invest?

The most recent investment recorded for HCL Capital closed in Jun 2022. Shizune tracks 3 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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