A-Fund is an Android-focused fund managed by DCM that was established in April this year. The $100 million fund is backed by GREE, KDDI, and Tencent. After six months, the fund has finally announced its first batch of portfolio companies. And here is the list of companies provided by DCM, in a statement released last night:
- Appia: Creators of a white-label mobile app store platform currently processing over one million downloads per day for operators, handset manufacturers, and other partners.
- Billing Revolution: A mobile payments company that enables easy, fast, and secure payment transactions through their PCI-compliant Single-Click Checkout platform.
- PapayaMobile: The leading Android mobile social gaming network in China and the US with over 30 million users.
- Happy Elements: A social game developer with the largest footprint on Facebook’s non-English market with 2.5 million active daily users. It also has the second and third most popular games on Mixi in Japan, as well as the most popular game on Kaixin001 in China.
- Kanbox: China’s leading cloud storage and sharing service provider.
- Loki Studios: A company revolutionizing mobile gaming with location and environment-aware smartphone games, starting with their flagship monster battle game, Geomon.
- Kakao Corp: Developer of KakaoTalk, an intuitive, cross-platform mobile messaging application with over 25 million users worldwide.
Wow… that’s about one company being invested in each month. We’ll dive deeper into each of the companies next week.
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