Cherubic Ventures is the only institutional angel investment firm active across both China and the U.S., with teams based in San Francisco, Beijing, and Taipei. Founded in 2014, it currently manages assets of over US$300 million. Representative investments include Flexport, hims, Calm, Virgin Hyperloop One, Wish, Ring, Liulishuo (LAIX), Pinkoi, and iKala.

Founded in 1979, ITIC has invested in countless startups both domestically and internationally, supporting healthy growth for its portfolio companies. It spans multiple stages of startups and enterprises and integrates possibilities across industries, creating unique opportunities in tech venture capital thanks to its decades of technical expertise and global network.

SparkLabs is a Silicon Valley-origin venture fund with an international accelerator network. It invests in seed-stage startups and provides acceleration support globally. Comprising nine international accelerators and three seed funds, SparkLabs operates full-time accelerator programs in Taipei, Korea, Australia, Beijing, Shenzhen, Singapore, Oman, and Washington D.C., with partners in Silicon Valley, Singapore, Hong Kong, and London.

AppWorks (also known as the AppWorks Accelerator), based in Taipei, Taiwan, primarily operates as a startup accelerator, with early-stage (Seed, Series A, B, C) venture investments as a supplement. It provides three main services for entrepreneurs and startups: accelerator programs, venture investment, and AppWorks School. As of the first half of 2022, the ecosystem formed by AppWorks Accelerator alumni includes 457 active startups, 1,448 entrepreneurs, a total valuation of USD 32.6 billion, total fundraising of USD 5.4 billion, total annual revenue of USD 17.5 billion, and a total of 21,353 jobs created.

AppWorks manages three venture funds with a combined total of USD 212 million. The main shareholders of AppWorks Fund III include Taiwan Mobile, Fubon Life, Cathay Life, Wistron, Hongtai Group, Capital Securities, and the National Development Fund, among others.