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New Economy Ventures
New Economy Ventures (founded 2021) connects Taiwanese B2B startups with cross-border capital, with portfolio company Circle listing on the NYSE in June...
New Economy Ventures
New Economy Ventures launched in 2021 with a thesis built around Taiwan's enterprise technology talent and a clear conviction that the island's startups were structurally undercapitalized relative to their cross-border potential. The firm's founding team blends operators, former politicians, and investors who argue that Taiwan's inclusive business culture makes it the logical launchpad for Asian expansion. They target companies building in Big Data, AI, and blockchain — sectors where Taiwan's hardware and semiconductor depth provides an edge in cost and engineering talent. The firm invests from early-stage through late-stage, with a pronounced focus on B2B software and data infrastructure. Its most visible position is in Circle, the stablecoin operator that NYSE-listed in June 2025 at a valuation above $18 billion. NEV also backed Cybavo, a Singapore-based crypto infrastructure startup that Circle acquired in 2022. Outside of digital assets, the firm participated in the 2021 Series C of NextDrive, a SaaS energy-management platform expanding across Japan and Taiwan. Geographically, the firm concentrates on Taiwan and looks to North Asia capital markets — especially Japan — for IPO exits, while tapping ASEAN for market reach. NEV has not disclosed fund sizes or total headcount. The team emphasizes a blend of venture-investment experience and capital-markets execution, citing two decades of combined track record among its general partners. In June 2025, its portfolio company Circle completed an IPO that priced above the expected range, a signal moment for a firm still early in its portfolio construction. The website lists a contact point in Taipei but no additional offices. The firm's structural differentiator is its starting point: it was formed in the post-2020 window specifically to capitalize on Taiwan's expanding role in Web3 and enterprise infrastructure, at a moment when most global firms were still overlooking the market. The explicit emphasis on a Japan-listing exit lane — rather than the more common NASDAQ path — gives NEV a constrained but potentially higher-probability underwriting framework for B2B companies selling into North Asian enterprises.
General information
Firm type
Venture Capital
Year founded
2021
AUM
Undisclosed
Location
Region
Asia
Country
Taiwan
City
Taipei
Corporate office
Taipei, Taiwan
Sector focus
Frequently asked questions
Which investment stages does New Economy Ventures target?
NEV invests from early-stage through growth-stage, according to its own portfolio disclosures. The firm appears stage-agnostic within B2B technology, participating in both early rounds like Cybavo and later-stage rounds such as NextDrive's Series C in 2021.
Does NEV concentrate exclusively on Taiwan-based companies?
Not exclusively. While its core thesis aims to connect Taiwanese teams to global markets, the portfolio includes Singapore-based Cybavo. Geographically, the firm uses Taiwan as a base and targets market expansion across ASEAN, with IPO exits planned primarily in Japan.
What is New Economy Ventures' most notable exit to date?
Circle's NYSE IPO in June 2025, which valued the stablecoin issuer at approximately $18.3 billion on its first day of trading. Additionally, NEV's portfolio company Cybavo was acquired by Circle in 2022.
How does the firm source deals?
The firm's exact sourcing model is not publicly detailed. Its leadership combines political, entrepreneurial, and capital-markets networks within Taiwan and North Asia, suggesting a relationship-driven model that leverages domestic connections to access deals often overlooked by global firms.
Does NEV participate in fund commitments or only direct investments?
The firm's website indicates it makes direct equity investments in companies. There is no publicly available evidence that NEV also acts as a fund-of-funds or commits capital to other external venture funds.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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