
BEENEXT
Description
BEENEXT is a prominent Singapore-based venture capital firm established by founder Teruhide Sato, known for its strategic investments in early-stage technology startups across Asia and beyond. The firm has carved a niche by identifying and backing disruptive innovations, primarily focusing on the digital transformation of various industries. BEENEXT's investment philosophy centers on supporting visionary founders who are building scalable businesses with significant market potential, often leveraging its deep network and operational expertise to accelerate portfolio company growth.
The firm maintains a strong geographical focus on high-growth markets, including India, Southeast Asia, Japan, and increasingly, the USA. BEENEXT typically targets companies in their seed to Series A stages, providing crucial early capital that enables startups to achieve product-market fit and scale their operations. Their typical first cheque sizes range from $500,000 to $5 million, reflecting their commitment to substantial early-stage support. This flexible investment range allows BEENEXT to participate in diverse opportunities, from nascent ideas requiring initial validation to more developed startups seeking to expand rapidly.
BEENEXT has consistently demonstrated its confidence in the early-stage ecosystem through significant fundraises. For instance, the firm successfully closed its fifth fund in 2023, raising $110 million to continue its investment mandate. This consistent capital deployment underscores BEENEXT's long-term commitment to fostering innovation and supporting entrepreneurial talent across its target regions. The firm is recognized for its founder-friendly approach, often acting as a hands-on partner, providing strategic guidance, and facilitating follow-on funding rounds for its portfolio companies.
Investor Profile
BEENEXT has backed more than 164 startups, with 20 new investments in the last 12 months alone. The firm has led 41 rounds, about 25% of its total and boasts 19 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in India, Singapore, United States.
- Strong thematic focus on Financial Services, FinTech, Software.
- Led 7 rounds in the past year.
- Typical check size: $500K – $5M.
Stage Focus
- Seed (36%)
- Series A (28%)
- Series B (16%)
- Series Unknown (8%)
- Series C (7%)
- Pre Seed (3%)
- Series D (1%)
- Convertible Note (1%)
Country Focus
- India (51%)
- Singapore (11%)
- United States (10%)
- Indonesia (10%)
- Japan (9%)
- Philippines (2%)
- Pakistan (2%)
- Uganda (1%)
- Thailand (1%)
- Nigeria (1%)
Industry Focus
- Financial Services
- Fintech
- Software
- Information Technology
- E-commerce
- Internet
- Payments
- Apps
- Saas
- Artificial Intelligence (Ai)
Frequently Asked Questions
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