2018
Year in Review
Greater Southeast Asia’s Leading Startup Launchpad
AppWorks Accelerator
In 2018, AppWorks Accelerator graduated a total of 63 startups across 2 batches, AW#16 & AW#17. Starting from AW#17, AppWorks Accelerator only recruited AI / IoT or Blockchain / Crypto startups. In this batch, 21 are AI / IoT and 13 are Blockchain / Crypto startups.
Hong Kong
Malaysia
Belgium
Singapore
Vietnam
Thailand
Sri Lanka
Sweden
United States
38%
Startups are International
(from outside of Taiwan)
Including the 63 AW#16 & AW#17 startups that have graduated from AppWorks Accelerator, The AppWorks Ecosystem has grown to:
328
Active Startups
+5 from 2017
925
Total Founders
+145 from 2017
The Strongest of its Kind in Greater Southeast Asia
The AppWorks Ecosystem
US$3.6B
Total Valuation
+127% from 2017
US$806M
Total Capital Raised
+82% from 2017
US$2.5B
Total Annual Revenues
+90% from 2017
9,586
Total Jobs Provided
+67% from 2017
The Most Active Founder Community in Greater Southeast Asia
Significant Milestones by AppWorks Startups
Many AppWorks startups have gone on to achieve significant milestones in 2018. Here are a few examples:
GSEA’s Leading Early-Stage VC
AppWorks Funds
In 2018, AppWorks Funds made 11 investments collectively worth US$ 15 million in several promising startups including 91APP, Carousell, Deep Sentinel, EMQ, Pickone (AW#9), Xrex (AW#17), while helping them raise a total of US$ 222 million across these rounds.
Equip Talents for Today's Digital Career
AppWorks School
Since mid-2016, AppWorks School has graduated 106 newly trained software engineers (+47 from 2017) through our 16-week free coding program. 85% of these graduates went on to pursue successful software engineering careers in prominent internet companies such as 91APP, KKBOX, CHOCO TV, PicCollage, and UDN Group with a median starting salary of US$ 21,833 (annually).
106
Graduates
(+47 from 2017)
26 days
Average Job-Seeking Duration
85%
Placement as Engineer
US$ 21,833
Median Starting Salary
(Annual Package)
Follow our 2019 on:
PARTNERS
ASSOCIATES
ANALYSTS
SPECIALISTS
Communications Master
Antony Lee
Recruiting Master
Finance & Accounting Master
Jasmine Tsai
Alumni Community Manager
Joy Chiang
Legal Master
Liying Wang
Design Master
Tim Tu
Space Director
APPWORKS SCHOOL
Head of AppWorks School
Web Instructor
CW Peng
iOS Instructor
Luke Wu
Android Instructor
Wayne Chen
Thank You for an Amazing Year!
Tapping into the collective effort of each and every one of our team members, we successfully shifted our focus to AI / Blockchain and made substantial strides in empowering founders across Greater Southeast Asia to fully embrace a smart and decentralized future. We’d like to extend a special thanks to all of our partners and friends in the startup community, and look forward to working together to strengthen the regional ecosystem even further in 2019.