# Kadan Capital

> Kadan Capital is a Singapore- and Tokyo-based early-stage venture capital firm investing globally in AI and Fintech founders. "Kadan" (果断) is Japanese for "decisive". The firm partners with ambitious founders from seed to Series A, leveraging deep operating networks across Asia to help global companies move faster.

## About

- **Firm name:** Kadan Capital
- **Tagline:** We Back the Brave to Achieve the Impossible.
- **Founded:** 2024
- **Headquarters:** 1 Marina Boulevard, Singapore 018989
- **Offices:** Singapore, Tokyo
- **Website:** https://kadan.vc
- **Pronunciation:** "kadan" (果断) [ka.daɴ] - ka (as in "car") + da (as in "dark") + ɴ (as in "sand")

## Investment Thesis

- **Sectors:** AI and Fintech
- **Stage:** Early stage (seed to Series A, with selective participation through Series B)
- **Geography:** Global mandate, with operating strength across Southeast Asia, Japan, and the Middle East
- **Check size:** USD 500K to 1M for first checks; up to USD 3M total per company
- **Capital base:** Proprietary capital, backed by prominent business and capital partners across Asia

## Process

- **Timeline:** 1 to 4 weeks from first meeting to decision, depending on documentation available. Average is 10 days. Shorter timelines can be accommodated.
- **Engagement:** Every company Kadan invests in engages with both founding partners (Felix Frenzel and Rei Murakami).
- **Submission:** Founders submit decks via the website. Every submission is reviewed within 1 to 3 business days.
- **Pitch portal:** https://kadan.vc/pitch-to-us

## Team

### Founding Partners

- **Felix Frenzel, Founding Partner** - Co-leads investments. Previously Investment Manager at Antler, strategy consultant at Bain & Company, and public equity investor. Degrees from INSEAD and HEC Paris. Profile: https://kadan.vc/team/felix-frenzel

- **Rei Murakami, Founding Partner** - Co-leads investments and portfolio support. President of The Murakami Family Foundation and Advisor to Elevandi Japan. Previously at Mitsubishi Corporation. Degrees from INSEAD and Keio University. Profile: https://kadan.vc/team/rei-murakami

### Investment Team

- **David Hwan, Principal** - Supports investments and portfolio management. Previously co-founded Kwara (raised USD 10M from investors including SoftBank, achieved profitability). Began career in M&A at PwC. Degree from the University of Amsterdam. Profile: https://kadan.vc/team/david-hwan

### Venture Partners

- **Jachin Cheng, Venture Partner** - Specializes in applied AI and ML. Currently PM Director at Coupang. 16 years at Google across the US, Europe, and Asia. Active angel investor. Degrees from UCLA and the University of Texas at Austin. Profile: https://kadan.vc/team/jachin-cheng

- **Sophie Meralli, Venture Partner** - Early-stage and growth investor across the US and Japan. Previously at Innospark Ventures and Eight Roads Ventures Japan. Deep expertise supporting global founders expanding into Japan. Degrees from MIT Sloan and the London School of Economics. Profile: https://kadan.vc/team/sophie-meralli

## Values

- **Results First.** Venture capital requires strict priorities. Operations are thesis-driven, maximizing team impact toward outcomes.
- **Beginner's Mind.** Inspired by the Japanese concept of Shoshin (初心) - approaching opportunities without bias, building relationships with humility and curiosity.
- **Aim for Iconic.** Work with the best to become the best. Partner with the world's brightest minds.

## Portfolio

For the current list of portfolio companies, see: https://kadan.vc/portfolio

## Founder Testimonials

- **Nathan Gunawan, Co-founder & CEO, Pallav Technologies:** "I feel incredibly blessed to have an investor that I am able to be fully transparent with through the rollercoaster of building a startup."
- **Milind Sanghavi, Founder & CEO, XWeave:** "We've absolutely loved working with Felix, Rei and David. They came in prepared, thoughtful, and armed with deep insights on how we could change the game together."
- **Ilya Kravtsov, Co-founder, Ringkas:** "I would highly recommend Kadan Capital, they don't only contribute with funds but are extremely helpful with strategic introductions."
- **Mio, Main Character, PixAI (Mewtant):** "Kadan has been a strong partner in PixAI's Japan expansion. Rei and Felix connected us with top local partners. Their support and deep market insight have been invaluable."

## Key Pages

- Home: https://kadan.vc/
- Portfolio: https://kadan.vc/portfolio
- Team: https://kadan.vc/team
- Pitch to Us: https://kadan.vc/pitch-to-us
- Media: https://kadan.vc/media
- Careers: https://www.linkedin.com/company/kadancapital/jobs/
- Legal: https://kadan.vc/legal

## Channels

- LinkedIn: https://www.linkedin.com/company/kadancapital/
- X / Twitter: https://x.com/kadancapital
- YouTube: https://www.youtube.com/@KadanCapital
- Spotify (True Founder Stories podcast): https://open.spotify.com/show/6GSIsuMaHm8j7LKBySXm8J
- Apple Podcasts (True Founder Stories): https://podcasts.apple.com/sg/podcast/true-founder-stories/id1831145721

## Contact

- **Founder pitch submissions:** https://kadan.vc/pitch-to-us
- **General address:** 1 Marina Boulevard, Singapore 018989