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Kamet Capital Accelerates Growth with Transformative Investments Uniquely Sourced and Accessed Through Founders Network

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SINGAPORE, Sept. 10, 2024 /PRNewswire/ — Kamet Capital (“Kamet”), a leading multi-single-family office headquartered in Singapore, has revolutionised its private investments selection by leveraging deeply on its extensive Founders Network, roots as a family office, large GP network, and access to individuals with deep industry expertise.

Since 2018, Kamet has meticulously curated a selective portfolio of over 20 hard-to-access private deals. Despite a harsh private investment winter over the last two years that affected valuations and proved challenging for fund-raising and exits, Kamet’s investments yielded returns of up to 8x, with an impressive 70% exit rate within just six years.

The Kamet Edge: The Founders Network

Kamet’s investment formula for private investment is “Deep Insights, Access to Deals, Ability to Invest”. At the heart of Kamet’s success lies the Founders Network, an exclusive alliance of industry titans that do not just open doors – they create them. By melding deep sector knowledge, expertise, and extensive business connections, the Founders Network has greatly enhanced Kamet’s ability to source unique deals and secure preferential access to high-impact investments. Beyond capital, the Founders Network provides mentorship and strategic guidance to promising start-ups, positioning them for growth and market leadership.

In addition to this unique access via the Founders Network, Kamet’s investment philosophy centres on a deep understanding of business models, securing preferential access to company information via board seats and leadership on the cap table and closing transactions quickly and precisely.

Global Impact, Local Expertise

Focused on high-growth sectors across North America, China, and Southeast Asia (SEA), Kamet looks to invest in disruptors who can be future global champions in the tech, healthcare, and consumer sectors. By leveraging deep local knowledge and international trends, Kamet seeks to identify disruptive technologies and opportunities others overlook, with a proven track record of backing future market leaders. With a preference for investing in tech-enabled businesses established by founders and platforms or with major investors from technology backgrounds, Kamet looks to invest in companies and shape tomorrow’s industries. From their investments into China’s largest online recruitment platform to SEA’s digital health pioneers and North America’s cloud revolution, Kamet’s investments are redrawing the innovation map across continents.

Technology:

China’s Online Recruitment Star: Kanzhun Limited (BOSS Zhipin) [Deal exited via IPO]

Kamet invested in Kanzhun Limited, creator of the BOSS Zhipin platform, China’s largest online recruitment platform. Focused on simplifying the online job search with its proprietary software and its AI (Artificial Intelligence) enabled insights, Kanzhun’s services would be critical in the reflation and recovery of China’s economy.   

US Disruptor: Pax8’s Meteoric Rise

Revolutionising the Managed Service Provider (MSP) space through AI capabilities and SaaS, Pax8 facilitates a seamless outreach for small- and medium-sized businesses to catch up with new technology trends while strengthening vendor relationships with enterprise software giants.

Healthcare:

SEA Healthcare Champion: Doctor Anywhere

One of Kamet’s standout investments in the region, Doctor Anywhere (DA), capitalised on the growing demand for healthcare solutions in a rapidly evolving region. Kamet was the earliest investor in DA and provided significant mentorship via its Founders Network to DA’s board and founder. Over the last six years, Kamet witnessed the financial growth of the company and followed through on six more follow-on investment funding rounds, with many other institutional partners now brought onto the cap table.  

India’s Trophy Dialysis Provider: Nephroplus [Deal exited via primary and secondary sale]

Kamet invested in Nephroplus after thorough due diligence and assessment of India’s local macroeconomic environment, significant demand for dialysis treatment in the region, an already established footprint from the company, and strong financial support from a GP that Kamet partners with. Despite a significant correction in India’s PE space (with 2023 deal counts way below 2020 levels, smaller cheque sizes for individual deals, and deal values falling by 35% from 2022 to 2023), Kamet was able to exit with a strong multiple on its only investment in India. It underscores Kamet’s capabilities in deal selection and gaining deal access.

 Consumer:

A Hidden Gem Unveiled: J&T Express’ Remarkable Journey [Deal exited via IPO]

Kamet invested in this global logistics service provider business at an opportune time when e-commerce businesses were taking off in SEA. While most investors then were negative about a China-gene logistic start-up in Indonesia, Kamet was identified this unique opportunity through their deep local knowledge in both China and SEA. Their early investment in J&T Express paid off when the firm went public on the Hong Kong Stock Exchange in October 2023 (the second-largest IPO on HKSE since 2022).

Next Generation’s Jewel: KKV

A popular lifestyle store from China that has successfully expanded into the shores of SEA (Indonesia, Malaysia) in an explosive wave, KKV has redefined the retail platform bridging next-generation new consumers with new speciality brands. Through experiential shopping experiences facilitated through tech-driven operations and inventory management, KKV has proven its ability to scale further through new store expansions within China and overseas.

Charting the Future of Investments

As Kamet continues to push the boundaries of strategic investment, the firm remains committed to identifying the next wave of transformative technologies and business models. With its finger on the pulse of innovation across three dynamic regions, Kamet has set its sights on shaping the future of industries ranging from healthcare and logistics to cloud computing and beyond.

“At Kamet, we don’t just invest in companies – we invest in the future,” declares Kerry Goh, Kamet Capital’s Founder, CEO and CIO. “Our global perspective, coupled with our deep local insights, allows us to spot and nurture the disruptors of tomorrow. We’re not content with following trends; we aim to create them.”

To learn more about how Kamet Capital is reshaping the investment landscape and to explore potential partnerships, visit https://kametcapital.com/

About Kamet Capital

Kamet Capital is a leading wealth management firm headquartered in Singapore, pioneering the multi-single-family office model in Asia. Founded in 2017, Kamet Capital is dedicated to serving ultra-high-net-worth families and individuals with a comprehensive suite of services that include investment management, wealth planning, international mobility solutions, household management, administrative support, and philanthropy. Our innovative approach combines the personalised attention of a single-family office with the robust capabilities and efficiencies of a multi-family office to cater to the dynamic needs of affluent families and founders across Asia. With a commitment to excellence and innovation, Kamet Capital continues to shape the future of the family office sector, providing unparalleled support and strategic solutions to ensure the prosperity and growth of our clients’ legacies.

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For Fourth Year, Everspring Recognized Among Chicago’s Best Places to Work

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Award Recognition Reflects Company’s Continued Momentum, Growth and Innovation in Higher Ed Technology

CHICAGO, Jan. 8, 2025 /PRNewswire/ — Everspring, a rapidly growing force in education technology, today announced its recognition on Built In’s 2025 Best Places to Work Awards, earning a coveted spot on Chicago’s 100 Best Midsize Companies list. This achievement comes at a pivotal moment for Everspring, following the successful launch of its VIA enrollment marketing platform and continued strategic partnerships that enable universities to adapt and thrive in a dynamic higher ed landscape.

“This recognition reflects the extraordinary momentum we’re experiencing at Everspring,” says Beth Hollenberg, CEO of Everspring. “Our team’s innovative spirit and dedication to transforming higher education have created an environment where top talent thrives. As we continue to expand our technology solutions and deepen our university partnerships, this award validates our commitment to fostering a workplace that attracts and retains the industry’s brightest minds.”

The honor arrives as Everspring expands its comprehensive education services with powerful SaaS technology offerings. The company’s recent launch of VIA, its enrollment marketing intelligence platform, exemplifies how Everspring’s growing suite of solutions addresses critical challenges in higher education, from disconnected data to enrollment optimization.

“Being recognized as a Best Place to Work is a testament to these companies’ commitment to building a workplace where individuals and innovation thrive,” says Built In CEO and Founder, Maria Christopoulos Katris. “At Built In, we understand that great companies are powered by great teams, and this achievement showcases their dedication to fostering a culture of growth, inclusivity, and excellence. Congratulations on this well-deserved honor.”

Built In determines the winners of Best Places to Work using company data about compensation and benefits, weighing criteria such as remote and flexible work opportunities, DEI programs, and other people-first cultural offerings that today’s tech professionals value most.

About Built In
Built In is the “always on” recruiting platform that reaches the tech professionals that other leading recruiting platforms don’t. Designed to help companies hire expert tech talent, Built In continuously drives brand awareness with content. Monthly, millions of the industry’s most in-demand global tech professionals visit our site to stay ahead of tech trends and news, learn skills to accelerate their careers, find the right job opportunities and get hired. Thousands of companies, from fast-growing startups to the largest enterprises rely on Built In. www.builtin.com

About Built In’s Best Places to Work
Built In’s annual Best Places to Work program honors companies with the best total rewards packages across the U.S. and in the following tech hubs: Atlanta, Austin, Boston, Chicago, Colorado, Dallas, Houston, Los Angeles, Miami, New York, San Diego, San Francisco, Seattle and Washington DC. Best Places to Work is distinct because its algorithm selects tech companies that build their offerings specifically around what tech professionals value in a workplace. https://employers.builtin.com/best-places-to-work

About Everspring
Everspring is a leading provider of education technology and services solutions for higher education. Our advanced technology, proven marketing approach, and robust faculty support and instructional design services deliver outstanding outcomes for our university partners, powering their success online. Everspring offers a range of full-service turnkey solutions, as well as standalone fee-for-service offerings, and innovative self-service products that enable universities to establish themselves as leaders in the digital delivery of higher education. Based in Chicago, Everspring serves a growing number of colleges and universities nationwide.

Visit www.everspringpartners.com for more information.

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HCMF Group Unveils Cutting-Edge Smart Cockpit and Body Mechatronic Systems at CES 2025

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LAS VEGAS, Jan. 8, 2025 /PRNewswire/ — HCMF Group, a global leader in Tier 1 automotive parts and systems, is proud to unveil its groundbreaking advancements in smart cockpit and body mechatronic systems at CES 2025, held from January 7 to January 9. Partnering with industry leaders such as AUO, AGC, Inventec, TMYTEK (TMY Technology Inc.), BenQ Materials, and KINPO GROUP, HCMF is redefining intelligent mobility through transformative innovations and unmatched integration capabilities.

HCMF’s showcase features its integrated vehicle control system, developed with Inventec, which centralizes functionalities onto the front dashboard. This system combines an intuitive user interface, a UWB electronic key, and wireless charging, offering a seamless and futuristic cockpit experience. Also debuting is HCMF’s Micro LED transparent smart window technology, created with AUO and AGC. These high-transparency touch displays are integrated into rear car windows with patented window regulator mechanism, enabling applications such as real-time driving information, AR gaming, personal calendars, and rear-view mirror functions for enhanced convenience and safety.

HCMF’s smart glass solutions, developed with BenQ Materials, deliver privacy and energy efficiency through advanced PDLC 98 black dimming film. These materials block heat and UV rays while providing futuristic aesthetics. Passenger safety takes center stage with the second-generation Child Presence Detection (CPD) system, introduced with TMYTEK. Capable of detecting subtle life signs such as heartbeats and breathing, this system sends real-time alerts to the user’s smartphone, preventing safety risks for children or pets left inside the vehicle.

For rear-seat entertainment, HCMF introduces its foldable 28.6-inch, 32:9 ceiling display featuring JET OPTO’s dual-view single-screen technology. Passengers can view separate content or participate in virtual meetings, redefining in-car leisure and productivity. The company also showcases systems tailored for electric vehicles, such as a front hood automatic opening system and a centralized door control system (DCU) that combines E-latch, radar-based collision avoidance, and automatic opening mechanisms. Additionally, the innovative automatic tailgate system, developed with KINPO GROUP, delivers a user-friendly experience by overcoming traditional design limitations.

Jeffrey Hsi, Chief Innovation Officer of HCMF Group, remarked, “CES 2025 is a pivotal platform for HCMF to showcase its leadership in smart cockpit and body mechatronic systems. We are committed to driving innovation and breakthroughs, advancing automotive technology to deliver safer, more convenient, and enjoyable smart mobility experiences for consumers worldwide.”

HCMF’s participation at CES 2025 underscores its leadership in smart cockpit technologies and collaborative innovation with global partners. From enhancing passenger safety to redefining in-car entertainment and advancing intelligent mobility, HCMF is setting new benchmarks in automotive intelligence and automation. The company remains focused on innovation-driven research and development, delivering future-ready solutions that create value for the global automotive industry and its consumers.

About HCMF Group

HCMF was established in 1961 and as a global automobile Tier 1 system supplier with more than 60 years experience in design and manufacturing. HCMF has around 40 sites globally to provide tailored service to our customers. Our vast knowledge and expertise through years of product experience provide solutions to satisfy our customer needs. We believe strongly in upholding integrity and cooperation to maximize benefits to our customers and partners.

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DELFI Diagnostics to Participate in J.P. Morgan Healthcare Conference

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Leader in liquid biopsy, cancer screening, and monitoring speaks at largest healthcare investment symposium

BALTIMORE and PALO ALTO, Calif., Jan. 8, 2025 /PRNewswire/ —  DELFI Diagnostics, Inc., developer of accessible blood-based, liquid biopsy tests that deliver a new way to enhance early cancer detection, today announced the company will participate in the upcoming 43rd Annual J.P. Morgan Healthcare Conference in San Francisco.

The company’s management is scheduled to present and participate in a Q&A session on Thursday, January 16, 2025, at 7:30 a.m. PT/10:30 a.m. ET. To learn more about DELFI Diagnostics, visit DELFIDiagnostics.com

About DELFI Diagnostics
DELFI Diagnostics is developing next-generation, blood-based tests that are accurate, accessible, and deliver a new way to help detect cancer. DELFI tests are built to solve the highest-burden population health issues, including in historically underserved demographics, and have the potential to save lives on a global scale. FirstLook Lung, for individuals eligible for lung cancer screening, is our first laboratory-developed screening test and requires a simple blood draw that can be incorporated with routine blood work. The test is based on fragmentomics, the discovery that cancer cells are more chaotic than normal cells and, when they die, leave behind tell-tale patterns and characteristics of cell-free DNA (cfDNA) fragments in the blood. The DELFI platform applies advanced machine-learning technology to whole-genome sequencing data to assess individuals’ cfDNA fragments against populations with and without cancer. FirstLook Lung uses these millions of data points to reliably identify individuals who may have cancer detected through low-dose CT, including early-stage disease, with a negative predictive value of 99.8 percent. This test has not been cleared or approved by the FDA.

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SOURCE DELFI Diagnostics

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