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BAce Capital is a venture capital firm investing in early-stage technology companies across emerging economies, primarily China and Southeast Asia. The firm deploys capital from Seed to Series B, offering strategic guidance and deep industry resources. Its investment philosophy centers on supporting innovations poised to transform daily life and communities.
Founded in 2018 by Benny Chen and Kshitij Karundia, BAce Capital leverages extensive backgrounds from Alibaba and Ant Group. Their founding insight recognized the mobile internet's profound potential to revolutionize lives and foster community growth in dynamic markets, informing the firm's core investment thesis.
The firm serves nascent technology startups, aiming to discover, empower, and connect these ventures. BAce Capital provides critical knowledge and shared experience to help companies realize aspirations. Its vision is to support young dreams, contributing to vibrant technological ecosystems in its target regions.
Key people at BAce Capital.
BAce Capital was founded in 2019 by Kshitij Karundia (Founder and Managing Partner).
BAce Capital has 5 tracked investments across 4 companies. The latest tracked deal is $15.0M Series B in SuperGaming in August 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 1, 2025 | SuperGaming | $15.0M Series B | SIA Kamalie | Alumni Ventures, CoinFund, Infinity Ventures Crypto, Play Ventures, Polygon Labs, Ajit Tripathi, Cristian Manea, Gabby Dizon, Sandeep Nailwal, Santiago R., 32 BIT Ventures, AET Fund, 丸山夏大, Barings, Decentralised.co, ED3N Ventures, Emfarsis, Fourth Revolution Capital, GFR Fund, King River Capital, Loudgg, Neowiz, Polygon Ventures, Sino Global Capital, Steadview Capital, Visceral Capital |
| Oct 1, 2021 | ConveGenius | $5.0M Seed | 3lines, Bace Capital, Heritas Capital | Michael & Susan Dell Foundation |
| Aug 28, 2021 | SuperGaming | $5.5M Series A | Monish Darda, SIA Kamalie | 1UP Ventures, Yuki Kawamura, Dream Incubator |
| Jan 30, 2020 | Adonmo | $3.0M Other Equity | Bace Capital | — |
| Mar 27, 2019 | Healofy | $8.0M Series A | BabyTree | Omidyar Network |
Key people at BAce Capital.