What does AppWorks do?

AppWorks is a Taiwan-based startup accelerator and early-stage venture capital firm founded in 2009. It focuses on empowering tech entrepreneurs in sectors like AI, blockchain, and IoT, particularly in the Southeast Asia markets. Headquartered in Taipei, AppWorks operates a free accelerator program that admits promising startups every six months and manages four venture capital funds with a total of US$350 million in assets under management. The firm invests in startups from Seed to Series C stages, completing 20–30 deals annually. With a network of 624 active startups and 2,029 founders, AppWorks has generated US$16.3 billion in annual revenues and raised US$6.4 billion in funding. The firm emphasizes founder-centric support, having produced five IPOs and four IEOs. Its offerings include the AppWorks Accelerator, which helps startups achieve Product-Market Fit, and AppWorks School, which has trained over 1,300 engineers. AppWorks has invested in notable companies such as Lalamove, Animoca Brands, and Carousell, contributing to the growth of disruptive technology in the region.