Capital Raise in SE Asia

Who Am I?

• Previously Raised SGD $589,000• Current CFO of Iglu• Legal and Financial Background• Formed over 100 entities BVI, DE, SG• Founder of Horizon.VC

Method Of FinancingDebt

Convertible Debt & SAFE Notes

The Valuation is less Important

Quicker round

Valuation with or without cap.

Method Of FinancingEquity

Sell a % of your company for a valuation

The Valuation is VERY Important

Deeper Due Diligence

Professional Valuation from CPA

FundraisingSE Asia

• F&F&F > $50000• PreSeed $50,000-150,000• Seed $500,000• Series A $1,500,000• Series B 1.5M +• IPO – SGX, Taiwan, Australian

Thailand Investors

• Galaxy – Adrian Stewart• Ardent Capital – Adrian Vanzyl• CyberAgent Ventures Arm (japan)• Recruit Holdings VC Arm (japan)

SINGAPORE

• Private Money– Angel Investors ($50,000 to $250,000)– Incubators ($250,000 to $1,000,000)– Private Equity ($1M to $5M)

• Government Money– Numerous Grants $50,000– Spring Seeds $250,000– Spring TECS Grant $250,000 / $500,000– TIS NRF $589,000 5:1 Matching– NRF $1,500,000 1:1 Matching

Thailand Landscape

• Few Investors• Little Government Incubation / Help• Many Startups Keep HQ Abroad• BOI Company for Work Permit/ Tax

BOI Company

• Necessary foreigners w/ Thailand Startups

• 51%• Tax• Work Permits– Diplomatic entry– Right to own land– Different department than immigration– No routine check ins

BOI Company

• 1 M capitalization• 25% must come in• 3 years to meet expectations + 1

year leeway

How to Raise Capital

• Create Pitchdeck + Business Plan• Fundraising Playbook• Contact Investors• Secure a lead• Agree to Terms• Structure Company (optional)• Close on Round

Restructuring

Option 1: Use NEWCO Entity as a holding company that owns 100% of operating entity. [Operating entity has 1 shareholder]

Phase 2: Interest

• Company Interest– Partner Meeting– Estimated size of round– Use of funds (in broad buckets)– How many attracted investors

1. Introductions2. Interest3. Due Diligence 4. Closing

Phase 3: Due Diligence

• Due Diligence Phase– Accounts / Books– Employment Contracts– Assignment of Intellectual Property– Non-Competes– Users, Customers, Traction

1. Introductions2. Interest3. Due Diligence 4. Closing

Phase 4: Closing

• Restructuring (if any)• Legal Documents Signed• Bank Accounts

1. Introductions2. Interest3. Due Diligence 4. Closing

Raising Capital Made Easy

Www.Horizon.VC

Introductions We Provide

• Every Investment Firm In Singapore• 30+ Angels• TIS Incubators 5:1 Matching• 15 Seed Funds• Ijam, Ijam Reload• TECS Grant and other Grants• Spring Seeds 1:1 Matching

Sign up Your company

Download Investor Lists

Email Investors

Track Interest

Upload Documents

Investors sign documents

Get money

Investors put money

in your Company

Investor Pipeline

Legal Documents

CRM System

OutSourced DevelopmentIglu.in.th

• Outsourced Development– Per Hour ($50/hr) project manager +

programmer

• Per Dedicated Senior Programmer– European senior programmer 40hrs per

week $4000 per month from our offices

Ruby, ROR, C++, HTML5, CSS, JavaScript, JS Node, AngularJS, .NET, Entity framework, LinQ MySQL, more..

Service OfferingSiamStartup.Com

LEGAL RESTRUCTURING• BOI Set Up• Incorporation and Legal Structure• M&A Assistance

FINANCING & INVESTMENT• Debt and Equity Financing• Funding at Each Level Needed

TAX & ACCOUNTING• Bookeeping• Tax Minimization• Compliance and Investor Confidence