Established in 2001, BANSEA is a leading angel investment network promoting the development of the angel investment community in Southeast Asia through educational conferences, workshops, research, networking with angel groups worldwide, contributing to improving the environment and corporate governance system for angel investing, and facilitating the matching of early stage companies with angel investors.
BANSEA was established in 2001 by a group of Singapore-based angel investors. BANSEA has network connections to angel groups in China, India, Malaysia and Thailand, as well as close links to groups in Europe and the US. Our members have investment experience spanning multiple sectors and a track record in building successful companies.
BANSEA organises 10 to 12 events per year for our members to meet and listen to short pitches by start-ups shortlisted by our screening committee.
Members may or may not invest as a group. While there could be collaboration on due diligence, members exercise autonomy in making investment decisions. Start-ups that have successfully raised seed capital through our members also benefit from their value-added mentoring. Members benefit from an informed and collaborative approach to angel investing.
Strengthen the cohesion of the local angel community.
Generate quality deal flows for our members through a rigorous screening process.
Provide a platform for entrepreneurs to articulate their investment proposal.
Provide training and mentoring for rookie business angels and fresh entrepreneurs.
Assist our members in deal syndication and limited due diligence.
BANSEA is guided by a Board of Directors and operationally managed by an executive team led by the Executive Director. Members of the Board are elected by members at the Annual General Meeting and serve a one-year term.
Vice Chairman, Action Community for Entrepreneurship (ACE)
Board Member, Sports Excellence Singapore
Board Member, Applied Innovation Institute
Managing Partner, Quest Ventures
James Tan is Managing Partner at Quest Ventures, a leading venture fund for technology companies that have scalability and replicability in large internet communities. Prior to this, James was co-founder and COO of 55tuan, a NASDAQ listed e-commerce group that grew to more than 200 cities and 5,000 employees across China.
As the first Singaporean and one of the rarefied few foreigners to found a public listed internet company in China, and for his investments in the next generation of entrepreneurs, James was recognised as an outstanding overseas Chinese by the Overseas Chinese Affairs Office of the State Council of China.
James currently serves as advisor, board member or trustee on public and private organisations such as Action Community for Entrepreneurship, Applied Innovation Institute, Business Angel Network of Southeast Asia, Beijing CYL Joint Committee on Entrepreneurship Development, Beijing Software Industry Association, National Research Foundation CGAP Fund, and Sports Excellence Business.
James has been guest speaker at China-focused and entrepreneurship events such as ITB Berlin, Private Equity Insights, Stanford-PARC Digital Cities, SWITCH, Tech in Asia, and World Islamic Economic Forum. He is an advisor or mentor at Chinaccelerator, Founder Institute, IBM SmartCamp, Startupbootcamp, and PSA unboXed. He has guest lectured at Fudan, HKUST, IE, NUS, Tsinghua, and UC Berkeley.
James is a graduate of the University of South Australia, and received scholarships from both Beijing and Singapore governments for his MBA from Tsinghua University in partnership with MIT. He studied and dropped out of computer science at NUS during the first dot-com era to work on two-sided markets.
For leisure, James enjoys photography and has been featured in ComputerWorld, Readers’ Digest, and commercially represented by Liaison Agency. He backpacks Asia and volunteers in marine conservation as a PADI scuba-diving and DAN dive-safety instructor.
Chairman of Investment Committee, BANSEA ONE Fund
Partner, Invention Capital
Managing Partner, 3001 Capital
CTO, Crowd Ventures
Investor-Mentor, SiTF (iJAM & ACE Grant)
Advisory Board Member, [email protected], Nanyang Technology University
Adjunct Lecturer, Nanyang Technology University
Specialist Adult Educator, Institute of Adult Learning
Dr. Rex Yeap is a Partner of Invention Capital directing efforts towards the creation, commercialization of novel inventions, investing and incubating early stage companies. In addition, he is a Vice Chairman of Business Angel Network (BANSEA) and he is also the co-founder of an angel investment fund (BANSEA Fund One) and served as the Chair in its Investment Committee Board for this fund. Dr. Yeap is also an investor-mentor in SiTF for its iJAM and ACE Grant programme. Over the past decades, Dr. Yeap angel investment portfolio includes early stage technology companies mostly in the Information Technology space.
Dr. Yeap is also part of the Adjunct Teaching Faculty at Nanyang Technological University in the Master of Science in Technopreneurship & Innovation programme and has extensive lectureship and facilitation experiences for both Masters and Bachelor degrees (1998 – present) in the area of computing and business management. Since 2006, he is a SCOPE-IP consultant with Intellectual Property Office of Singapore. Dr. Yeap is a Certified Patent Valuation Analyst with a Master of Science (Distinction) from University of Leeds and his post-doctoral research involved the invention of a few patented hedge fund systems.
Dr. Yeap has over 25 years of experience across the Infocomm technology value chain that spans industry, government and academia. He started his career in the area of interactive digital media (specifically, computer game design and development) back in the late 80s. He was subsequently blessed to be among the pioneering (1997) patent mapping and analysis alumnus of Kent Ridge Digital Labs (National Science and Technology Board, now A*STAR). Since then, he has been continuously involved in numerous patent mapping, analysis and strategy related ventures. He has worked with a range of international clients in their IP road-mapping and commercialization strategy through the use of proprietary and open innovation and patent analytics methodologies. Dr. Yeap was the co-founder of 3i Analytics and together with his team, they produced over 2000 original qualitative-quantitative technology IP reports and he also directed efforts to secure, design, develop and commercialise the next generation award-winning SurfIP portal.
Dr. Yeap list of patents & publications is available in this website, http://ye.sg/patents and his email contact is bansea(at)ye.sg.
Ramesh has been a Board Member of BANSEA since 2013 and is an early stage venture
investor, advisor, mentor and board member in several start-ups in Asia-Pacific. His syndicated
investments have ranged across several sectors such as incubators/accelerators, gaming,
education, fintech & Internet of Things. He has been involved with the innovation space from
Israel to India to ASEAN & Hong-Kong. He is also an advisor on risk management in traditional
investments and alternative investments to family offices and emerging hedge funds. Ramesh
prior to his involvement in the start-up/innovation space held global leadership roles in
derivatives/capital markets/sales & trading with Morgan Stanley & Royal Bank of Scotland and
worked in New York, London, Hong Kong & Singapore. Prior to his career in Investment
banking he had a FMCG career in India with PepsiCo & Britannia Industries. Ramesh is an
MBA from London Business School, Masters in International Business from Indian Institute of
Foreign Trade and a Mechanical Engineer from College of Engineering, Guindy, Chennai and
holds a FT Non-Executive Director Diploma - Pearson SRF BTEC Level 7 Advanced
Professional Diploma as well.
Chairman, Action Community for Entrepreneurship (ACE)
Co-Founder, Sugar Ventures
Venture Partner, Garage Technology Ventures
Chairman of Finance & Investment Com, Singapore Red Cross
Vice Chairman, Singapore National Paralympic Council
Finance & Investment Com, Foundation of Rotary Clubs
Board Member, Singapore National Disability Sports Council
Dr Mark Hon is an accredited private investor with experience in leading early stage company to IPO. He is co-founder of Sugar venture builder and venture partner at Garage Technology Ventures. He is also the Chairman of the Business Angel Network South East Asia (BANSEA), Chairman of the Action Community for Entrepreneurship (ACE), and panelist on public sector funds that support entrepreneurship.
A former professor of finance, he was also visiting professor to universities in Oxford, United Kingdom and Deggendorf, Germany. In the private sector, he has formulated R&D commercialisation strategies for MNCs in the defense industry, consumer electronics procurement road maps and mobile application strategies in the telecommunications industry, and acquisition strategies in the energy sector. He has served as c-level officer at a publicly traded company, and economic index expert to a Swiss bank.
Mark serves on the boards and committees of various voluntary welfare organisations such as the Singapore Disability Sports Council, Singapore National Paralympic Council and the Foundation of Rotary Clubs. He is Vice Chairman and Chairman of Finance and Investment Committee of Singapore Red Cross. He is also member of the board of trustees of the Rotary Wish and the Cotton On Foundation Youth funds.
Mark was a member of the American Finance Association and faculty associate of the American Institute of Certified Public Accountants. He was recently featured in Who’s Who in the World and Who’s Who in America.
Shoko Suzuki is Managing Director at Harbourfront Ventures. Based in Singapore, she invests in seed / pre-series A / series A companies primarily in fintech, blockchain, healthcare and clean technologies.
Prior to relocating to Singapore, she worked as healthcare equity analyst at Capital Group, one of the largest long-only equity / fixed income funds in the US with over $1trillion AUM, then worked as M&A advisor focused on cross-border deals between European mid-market and emerging Asian countries. She also worked at IFC in Washington DC, conducting the evaluation of the World Bank group’s EM investment portfolio, before co-founding a renewable energy startup based in Italy and Japan.
She holds BA in Environmental Planning from University of Tokyo, MBA from INSEAD and Master in Corporate Finance from SDA Bocconi
Managing Director, Verge Capital Management
Seasoned entrepreneur, strategist, scientist and angel investor, Joseph brings a hands-on end-to-end experience in the start-up journey, from research and commercialisation to investment and corporate scale-up. He has 19 scientific publications, 3 patents, and has made personal investments in 10+ healthcare technology companies.
Presently, Joseph is the founder and Managing Director of Verge Capital Management currently raising its inaugural venture fund focusing on early stage healthcare technology companies. Prior to this, Joseph led life sciences and digital health across Asia for Oliver Wyman, a global management consultancy, where he focused on business model innovation, expanding access, consumer health, and investment strategies.
Joseph has a PhD from the University of Toronto, and an MBA from the Richard Ivey School of Business.
Director, Drew & Napier
Petrus Huang is Director of Corporate & Finance Department in Drew & Napier LLC. He has more than 20 years of practice.
His practice covers a broad range including setting up of funds and fund managers, fund-raising for companies and start-ups, trade sales and other exits of companies and funds.
Member of Investment Committee, BANSEA ONE Fund
Founder & Former CEO, ArchMed
Community Mentor, A*START Central
Balaji R Chakaravarthi is Managing Director, Asia Pacific with Abiomed Inc. He has more than 25 years’ leadership experience in Health care/ Med Tech Market.
Balaji was previously Asia Pacific Head of Cardiac Surgery Business for Edwards Lifesciences and a member of the Global Senior Leadership Team.
Balaji completed the Advanced Management Program with INSEAD, and has a PG Diploma in Marketing and a BS in Physics.
During his career, Pat Markey has over thirty (30+) years’ of experience in the Global Energy and Mining
sectors. Almost four (4) years ago, he started his own Advisory/Consulting business in Singapore called
Sierra Vista Resources Pte. Ltd. (www.svrltd.com), which specializes in serving the Commodity industry
in a variety of different roles. In addition, Pat served as the Executive General Manager of Marketing and
a member of the Executive Management Committee for Whitehaven Coal Limited (ASX: WHC) from
2012 to 2014, which is an ASX 100 listed Coal Company based in Sydney, Australia.
From 2004 to 2012, he worked as the Chief Operations Officer (COO) for Global Coal Limited
(globalCOAL), a London based company promoting the commoditization of coal along with the
development of risk management products. Also, Pat began his career at Global Coal Limited in London
in 2002 and established the companies’ first presence in Asia (Singapore) in 2003. While at globalCOAL,
Pat had the opportunity to help develop two startup Over-the-Counter (OTC) exchanges (Global Coal
Limited and Global Ore Pte. Ltd.), which are both involved in the international trade of
Thermal/Metallurgical Coal and Iron Ore commodities, respectively.
Prior to globalCOAL, Pat worked in the commodity trading group for Enron Capital & Trade Resources
from 1999 to 2002 both in the United States and Singapore, including developing the first electronic
trade of Refined Products and Crude Oil on Enron’s proprietary electronic trading platform
(EnronOnline). Pat began his career with Conoco Inc. in 1987 and worked in a wide variety of roles
including the following areas: Strategic Planning, Supply and Trading, Engineering, and Internal
Consulting. During Pat’s career, he has managed international teams in multiple countries in the
Pat is an active Angel investor since 2015 and has invested in a range of startup businesses. In addition,
he is a Director of Kyepot Pte. Ltd., which is a digital group savings and borrowing platform
(www.kyepot.com). Also, Pat serves as an Advisory Board member for a number of other startups. Pat
is a member of Business Angel Network of Southeast Asia (BANSEA) as well as a prior Mentor for the
Fintech Startup Bootcamp Accelerator
Pat graduated with a Bachelors in Science in Mechanical Engineering from Oklahoma State University in
1987. In addition, Pat graduated with an M.B.A. in Finance from the University of North Carolina’s
Kenan-Flagler Business School in 1999.
Vishal is a mentor, advisor and an active investor in multiple start-ups. He actively participates with start-ups in all his investments mainly supporting the technology enablement, cross border sales & marketing. His key area of specialization is Big Data, data analytics, Internet of Things, Blockchain and education. He has a passion to contribute to startup-ecosystem and also specialize in syndicate for investments in Singapore, Switzerland, Hongkong and India.
Vishal has been an Entrepreneur& has a couple of success exists in his ventures. He is nominated as one the directors on Board of BANSEA (Business Angels Network of South East Asia. He is also leading the ACE (Alumina chapter for Entrepreneurs) at IMD business school Singapore. He has also been connected with the various different ACE chapters around the Globe, which provides a venue for South East Asian start-ups to grow Globally.
Vishal has a significant technology, data management & data analytics experience across multiple industries and geographies including Asia pacific, Europe, Middle East & USA. He has been advising large organizations in digital transformation, making better informed decisions based on the organization wide data both at strategic and operational level. He has held various leadership roles across the organization including technical and business development from scratch in completely new territories across Asia pacific.
He holds an MBA degree from IMD business school Switzerland and a Bachelor of Technology Degree from Regional Engineering college Kurukshetra India. He also holds Master certificates in a few technologies and accreditations in Cloud related technologies including amazon web services and Azure.
Member of Investment Committee, BANSEA ONE Fund
Managing Director, Evolution Advisors
Venture Partner, Novo Tellus Capital Partners
Sam is the Managing Director of Evolution Advisors, a boutique advisory firm specializing in helping Asian companies expand into international markets. His work involves Fundraising, M&A, and Business Integrations. He is also a Venture Partner with Novo Tellus Capital Partners, a Singapore based middle-market industrial and technology buyout fund focused on Southeast Asia. The firm is one of Asia’s top performing private equity funds over the last decade.
Previously Sam was with Microsoft’s Business Development Group overseeing Bing, Office365, MSN, Skype and Ads across Asia-Pacific. Sam also oversaw Microsoft’s strategic alliances with Yahoo! and Nokia across Asia and sat on the Board of Directors of the Microsoft Online Networks joint venture in China. He previously held senior corporate strategic planning and acquisition roles within the company’s online services businesses. Prior to joining Microsoft, Sam held operational leadership roles with AT&T Wireless and Amazon, where he spearheaded the launch of several new products and services. He began his career with Price Waterhouse and Lehman Brothers.
Sam has extensive networks in Asia and the US, having lived in Singapore, Bangkok, Hong Kong, Beijing, Seattle, New York and Chicago. He is an active angel investor focusing on technology, media and telecommunications companies seeking to expand regionally and internationally and is also an advisor/mentor to several regional venture capital firms and accelerators.
Sam holds a Bachelors of Science from the University of Illinois and a Masters of Business Administration from The University of Chicago Booth School of Business. He is also a qualified CPA. Sam speaks English, Spanish, Cantonese, Mandarin and Thai.
Michelle Kung is Executive Director of BANSEA. She is in charge of administrative operations and strategic partnerships at BANSEA.
Prior to BANSEA, she worked for a clean-tech company to drive strategic engagements with government agencies and international market development. She was the researcher and the writer of the book entitled “Built by Singapore- from Slums to a Sustainable Built Environment” under the Centre for Liveable Cities (CLC) of the Ministry of National Development. She was also affiliated with the United Nations University – Institute of Advanced Studies (UNU-IAS, United Nations’ think tank) as a Ph.D. Fellow for the“Urban Low-Carbon Development with the Co-Benefits Approach” project.
Michelle received her MA from National Taiwan University and PhD from University of Delaware, USA.