AppWorks
AppWorks, also known as 之初加速器, is a prominent startup accelerator and venture capital firm based in Taipei, Taiwan. Founded in 2009, it aims to support entrepreneurs and new startups across Asia, with a particular focus on Southeast Asia. The firm is dedicated to building a startup ecosystem "by founders for founders," helping the next generation of entrepreneurs seize opportunities in the digital landscape, especially in AI and blockchain technologies. AppWorks offers a four-month equity-and-fee-free startup accelerator program that admits 30-40 startups per batch, providing mentorship, acce Per Crunchbase, AppWorks has made 155 investments, 49 as lead investor across 132 portfolio companies, with 9 exits including 5 IPOs.
Investing activity
AppWorks has made 155 investments according to Crunchbase across 132 portfolio companies, and has led 49 rounds and seen 9 exits, 5 of them by IPO.
AppWorks appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Seed, with a median round size of $7M. The most recent is Clouted (Seed, $7M, Jun 2026).
AppWorks most often invests alongside Slow Ventures, Hustle Fund, Peak XV's Surge and Antler Elevate (Antler), and the companies it backs on Lounge are mostly in AI.
Deals
Frequently asked questions about AppWorks
What AI companies has AppWorks invested in?
AppWorks's AI investments include Clouted. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
Where is AppWorks based?
AppWorks is based in Taipei, T'ai-pei, Taiwan.
What stage does AppWorks invest at?
In the rounds tracked on Lounge, AppWorks has invested at Seed, with a median round of $7M.
Who does AppWorks co-invest with?
AppWorks's most frequent co-investors on Lounge are Slow Ventures (1 deal), Hustle Fund (1 deal), Peak XV's Surge (1 deal), Antler Elevate (Antler) (1 deal) and Weekend Fund (1 deal).
How can founders reach AppWorks?
Founders on Lounge can see AppWorks's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add AppWorks to their Investor Pipeline to track the conversation.