Roselake Ventures

Overview

Roselake Ventures is a venture capital firm investing in early-stage tech companies across Africa and other emerging markets. The firm empowers its portfolio of founders with a combination of capital, operating expertise, and networks. Since its inception in 2021, Roselake Ventures has been committed to bridging the gap between China and emerging markets like Africa through storytelling, research, and active engagement. Over the years, the firm has published numerous articles introducing Africa’s dynamic startup and tech ecosystem to Chinese investors, founders, and professionals. Additionally, Roselake Ventures organizes and participates in cross-border events, bringing Chinese founders and investors to Africa, and supporting African and other emerging markets' founders and investors to visit China, thereby reducing the information asymmetry between the two ecosystems. The firm's investment strategy is sector agnostic but keenly interested in fintech, web3, logistics, and healthtech companies solving for large markets. Roselake Ventures invests in pre-seed and seed rounds, with first checks ranging from $10k to $150k, typically in the form of a SAFE with less than a $20M post-money valuation. The firm focuses on companies that have a minimum viable product (MVP) and founders working full-time on the business. Roselake Ventures has a diverse portfolio, including investments in companies such as T40 Technologies, a Lagos-based inter-city transportation and logistics tech startup, which raised pre-seed funding led by Roselake Ventures. The firm's team comprises experienced professionals, including General Partners Jerry Yang and Lingxiu Zhang, and Founding Partner Jeff Yuan. Roselake Ventures is headquartered in Wan Chai, Hong Kong, and operates with a team size of 1-10 employees. The firm is privately held and was founded in October 2021. Its investment focus spans various industries, including fintech, web3, logistics, healthtech, digital commerce, climate tech, SaaS, supply chain, transportation, and agriculture, across multiple countries in Africa, Asia, and other emerging markets. The firm's investment stages range from pre-seed to series B, with a minimum check size of $10,000 and a maximum of $150,000. Roselake Ventures is committed to supporting early-stage tech startups in emerging markets, providing them with the necessary resources and expertise to scale and succeed in their respective industries.

Investment Focus

• Companies based in Africa or Asia
• Pre-seed and seed rounds
• MVP with founders working full-time

Portfolio Companies