AppWorks

Accelerator

AppWorks is a Taipei-based venture capital firm and accelerator founded in 2009, running the AppWorks Accelerator since 2010 for seed-stage startups across Taiwan and Southeast Asia. The firm manages four venture funds totaling roughly $350 million in AUM, including a $150 million Fund III closed in 2021, and its network spans 660+ startups and 2,100+ founders, with notable portfolio companies including Lalamove, Carousell, 91APP, KKday, and ShopBack.

AppWorks was founded in 2010, is headquartered in Taipei, Taiwan, has 46 recorded investments, and includes 110 companies in its recorded portfolio.

Seed
Artificial Intelligence
Crypto & Web3
Headquarters
Taipei, Taiwan
Founded
2010
AUM
$386.0M
Portfolio Companies
110
Total Investments
46
Last Investment
Jun 2026
Geographic Focus
Taiwan, Southeast Asia

Indexed holds 110 portfolio companies and 46 funding rounds for this investor. The full record is or through the API.

Investment Thesis

By Founders, For Founders. Focuses on AI, IoT, Web3, and pan-Asian startups from seed ($200K) to Series C ($15M).

AppWorks is an Accelerator based in Taipei, Taiwan. It was founded in 2010. It has made 46 investments, including Random Games, Deep Sentinel and Flow. Focus areas include Artificial Intelligence and Crypto & Web3.

Portfolio110

Showing 48 of 110 recorded portfolio companies.

Co-investors24

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24 co-investors across 94 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×20 · Accelerator ×3 · Hedge Fund ×1 · 28 shared rounds

Investment History

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AppWorks on Indexed.vc
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