AppWorks Fund IV Secures $165M, Focuses on AI and Web3 Innovation
Leading venture firm AppWorks has announced the final close of its fourth fund, Fund IV, securing $165 million in commitments. This brings the firm’s total capital raised across all funds to $386 million. The new fund will focus on early-stage startups in artificial intelligence, Web3, and the broader digital economy across Asia.
AppWorks not only provides capital but also leverages its accelerator program, community network, and hands-on mentorship to help startups scale rapidly. The firm has been a key player in nurturing tech innovation in the region for over a decade.
Deepening Investment in Web3 Ecosystem
AppWorks has already backed several promising Web3 startups, spanning decentralized finance (DeFi), DAO infrastructure, crypto trading tools, and privacy-enhancing technologies. Notable investments include Almanak, a DeFi smart agent platform; Tally, a DAO infrastructure provider; SignalPlus, a crypto trading software developer; Blokid, a privacy solutions builder; and Fetcch, a next-gen Web3 payments platform.
Driving Growth in Asia’s Tech Startup Landscape
AppWorks aims to bridge global innovation with Asia’s fast-growing startup scene. With AI and Web3 reshaping industries worldwide, the region is emerging as a major hub for technological breakthroughs. The new fund will further strengthen AppWorks’ ability to support early-stage founders and help them scale globally.