A Partnership of the founders
by the founders
for the founders



droom grubmarket zilingo ralali IDFY nuevo_ex hackerearth dailyrounds chaldal smarthr qbox cleanly oway industrybuying happyfresh citruspay voonik voonik creo betaout betaout workindia locus tracxn tracxn tracxn zefo zefo sendo 99tests faasos kartrocket kartrocket kartrocket kartrocket kartrocket kartrocket kartrocket kartrocket kartrocket



Teru Sato
Founder & Managing Partner

Teruhide (Teru) Sato attended the United World College of the Adriatic in Italy, and thereafter graduated from Keio University. In 1997, in partnership with Softbank, he co-founded Cybercash Japan (now known as VeriTrans), an online payment company. In 1999, he co-founded BEENOS (formerly netprice), and as CEO, took it public on the Tokyo Stock Exchange in 2004. In December 2014, Teru resigned as CEO of BEENOS and is now based in Singapore investing in and advising startups from India, Southeast Asia, and Turkey.

Notable Investments

Tokopedia, Veritrans Indonesia, Shopclues, CitrusPay, Droom, KartRocket, Akakce, Iyzico, Aucfan, Duriana, Paynamics, and Nearex.


Hiro Maeda
Managing Partner

Hiro Maeda is a partner at BEENEXT, an early stage venture capital firm investing in India, Southeast Asia, Japan, and the U.S. With a degree in computer science and economics from Bucknell University, he has been an early stage investor in over 100 companies. Previously, he led the investment division at BEENOS. In 2010, he launched Japan’s first startup accelerator, Open Network Lab, in partnership with Digital Garage and Kakaku.com. Hiro was selected as one of the 2016 Forbes Asia 30 Under 30 in the finance and venture capital category.

Notable Investments

Instacart, FundersClub, Everlane, Anyperk, Virool, Skimlinks, Screenhero, Kamcord, Lob, Fril, and Qiita.


Dirk Van Quaquebeke
Managing Partner

Dirk is a founding partner at Alps Ventures, an early stage investor and company builder with a focus on South East Asia. At Alps Ventures he has incubated and/or invested in over 20 companies, which included Austria’s leading online supermarket KochAbo (exit), Europe’s leading TechHub group Clusterhaus or some of the regions leading mobile c2c marketplaces like Duriana. He started his career in London’s private equity and banking industry for 5 years. He holds a double Master in Business Administration from Copenhagen Business School and ESADE.

Notable Investments

Grey Orange Robotics, Chaldal.com, Duriana, Zebramo, and Zipmatch


“We believe that mutual trust, understanding, and empathy are the most important elements in a relationship between investors and entrepreneurs. After 18 years of building multiple companies as an Internet entrepreneur, I have learned the hard way how, what, and when entrepreneurs need support. BEENEXT will support the next generation of entrepreneurs with capital, knowledge, experience, operational expertise, and a unique global network. BEENEXT is a partnership of the founders, by the founders, and for the founders.”

Teruhide Sato – Founder & Managing Partner