Ascendo Ventures

What is Ascendo Ventures?

Ascendo Ventures is an investment fund that focuses on a wide range of industries including Media, Retail & E-Commerce, Entertainment & Sports, IoT & Wearables, CleanTech, A.I. & Big Data, HealthTech & Fitness, Blockchain & Cryptos, Food & Beverage, and Robotics.

They target investments in innovative companies at various stages, with a preference for Pre-seed, Seed, Series A, and Series B rounds. Ascendo Ventures typically invests between $10 million to $50 million, with a sweet spot investment size of around $25 million.

They manage assets worth approximately $34 million, emphasizing ESG values and with the explicit goal of impacting carbon emissions reductions. Through their Ascendo New Horizon Fund, they aim to support the growth of top-tier Korean tech startups.

One of the notable areas of their portfolio includes investments in renewable energy, as demonstrated by their stake in companies like H-Energy, which operates solar energy platforms and services. Ascendo Ventures is also involved in the leisure and entertainment sector, for instance, investing in the merger between FunNow and Eatigo.

They exhibit a commitment to supporting startups through various stages of growth and aiding their expansion, evident from their participation in events like the Southeast Asia Program for facilitating cross-border expansion. In their pursuit of innovation, Ascendo Ventures takes part in bridge round funding of contemporary technology such as the development of LTO cathode technology batteries through companies like Grinergy. They also remain active in the vertical farming space, with investments in companies like N.Thing.