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BEENEXT

Asia, Central Region, Singapore, Singapore

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)
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does BEENEXT frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 10
Blume Ventures
Asia, Maharashtra, India, Mumbai
Co-Investments: 16
500 Global
North America, California, United States, San Francisco
Co-Investments: 6
Z47
Asia, Maharashtra, India, Mumbai
Co-Investments: 8
Better Capital
North America, California, United States, Santa Clara
Co-Investments: 7
Peak XV Partners
Asia, Karnataka, India, Bengaluru
Co-Investments: 20
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 7
3one4 Capital
Asia, Karnataka, India, Bangalore
Co-Investments: 8
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 9
DNX Ventures
North America, California, United States, San Mateo
Co-Investments: 9

Which angels does BEENEXT often collaborate with?

RR
Europe, England, United Kingdom, London
Shared Deals: 2
Amrish Rau
Asia, Singapore
Shared Deals: 5
Binny Bansal
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
Manik Arora
Asia, Singapore
Shared Deals: 2
US
North America, Maryland, United States, Laurel
Shared Deals: 2
Kunal Shah
Asia, Karnataka, India, Bengaluru
Shared Deals: 9
Abhishant Pant
Asia, Maharashtra, India, Mumbai
Shared Deals: 2
Nitin Gupta
Asia, Karnataka, India, Bengaluru
Shared Deals: 3
Jitendra Gupta
Asia, Maharashtra, India, Mumbai
Shared Deals: 4
IA
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by BEENEXT?

Handpickd

Gurgaon, Haryana, India

Handpickd operates as an omnichannel platform for fruits and vegetables.

FarmingFood and BeverageFruitOrganic
SeedJun 4, 2025
Amount Raised: $2,526,104
Truely Travel eSIM

Singapore, Central Region, Singapore

Truely Travel eSIM provides digital SIM solutions designed for international travelers seeking mobile data access.

InternetMobileMobile AppsTelecommunicationsTravel
SeedJun 2, 2025
Amount Raised: $2,000,000
fleetx.io

Gurgaon, Haryana, India

Fleetx is an intelligent fleet management platform that helps fleet owners improve their efficiency.

AnalyticsArtificial Intelligence (AI)Fleet ManagementInformation ServicesLogisticsMachine LearningPredictive AnalyticsSoftware
Series CMay 26, 2025
Amount Raised: $13,269,676
Remind

Karawang, Jawa Barat, Indonesia

Remind provides e-waste management and recycling solutions for electronic waste.

Environmental EngineeringRecyclingWaste Management
SeedMay 20, 2025
Amount Raised: $1,300,000
Servify

Mumbai, Maharashtra, India

Servify is a self-learning platform that provides device management services and warranty solutions.

Consumer ApplicationsConsumer ElectronicsConsumer SoftwareEnterprise Software
Series DMar 17, 2025
Amount Raised: $7,624,450
Netbank

Romblon, Romblon, Philippines

Netbank provides various banking solutions like alternative lenders, payment solutions, neobanks, and wallets.

BankingFinancial ServicesPayments
Series UnknownMar 13, 2025
Whizzo

Bengaluru, Karnataka, India

Whizzo specializes in materials science-driven manufacturing of engineered fashion and technical textiles.

Textiles
SeedJan 28, 2025
Amount Raised: $4,200,000
Deconstruct

Bangalore, Karnataka, India

Deconstruct provides chemical-free and risk-free skin care products.

B2CBeauty
Series UnknownJan 22, 2025
Amount Raised: $7,509,677
being juice

Kuala Lumpur, Kuala Lumpur, Malaysia

being juice is a fruit based beverages brand specializing in freshly made juices and smoothies.

Food and BeverageRetail
SeedJan 15, 2025
Amount Raised: $1,000,000
bythen

Jakarta, Jakarta Raya, Indonesia

bythen enables the production of autonomous 3D avatar bots powered by AI.

Information ServicesInformation TechnologySoftware
SeedJan 14, 2025
Amount Raised: $5,000,000