Hong Kong Startup Snaptee Gets US$600K In Seed Funding

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One of our Hong Kong startups, Snaptee is being featured on TechCrunch today!

“With just a few taps on the screen of your iOS device, Snaptee lets you turn your photos into stylish graphic t-shirts and sell them. Ten thousand designs have already been created by the app’s users since it went live in July and now the Hong Kong-based company’s founders have secured $600,000 in seed funding from a group of Hong Kong and Singapore investors, including Yat Siu of Outblaze Management Team and Animoca, Chris Lee of 6waves, Mikaal Abdulla from 8 Securities (a Techcrunch Disrupt Beijing finalist), Singapore-based angel investor Emanuel R. Breiter and Hong Kong-based investor Tytus Michalski of Fresco Capital.”

We had Wai-Lun Hong pitch at Start Club a few months ago and look at him now. This is the first big angel investment for 2013 and we know there are more coming. Congrats to Wai-Lun and to the group of Hong Kong angels that led this seed round.

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#SUMHK March 12th – Simon Newstead: Impossible is Nothing (Getting Angel Funding in Hong Kong and Singapore)

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You have a great product or idea, and you need some cash to make it happen. But where do you even start? I’ll share practical tips on what to do and what not to do when pitching Angels in HK/SG, and how to find them in the first place. 

Through it I’ll chat about my totally unsuccessful and then ultimately successful experience raising an angel round here. It should be a fun discussion.

The meeting will be held at BootHK, 19/f, 231 Queen’s Road East at 7:30pm.

#SUMHK March 5: Transitioning from a Bootstrapped Niche to Venture Backed Success

Most startups want to raise capital, but what about what happens after you do? Unfortunately there are fewer guides and talks about what to do after you raised the money and have to transition to a venture backed success.

Hear about the exciting adventure of Telerik, a successful developer tools vendor, that started as a small niche player in the European backwaters. Learn how they raised venture capital from a prominent firm and grew from a tiny company working in a small warehouse to 500 employees with offices in seven countries. See how the founders had to learn on the fly, particularly when acquiring companies and entering new markets. Telerik has started the difficult process of transitioning from the start-up phase to building a “real” company eyeing an eventual IPO. Learn from all of our mistakes! The story will be told by Stephen Forte, Telerik’s Chief Strategy Officer and Richard Campbell, a member of the board. 

The meeting will be held at BootHK, 19/f, 231 Queen’s Road East at 7:30pm.
Stevef
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