What is Ace Turtle?
Ace Turtle is a vertically integrated company that manages the entire value chain from design and local manufacturing to direct-to-consumer sales. The company leverages proprietary technology and data science across its operations, from product design to fulfillment, to adeptly meet evolving consumer expectations. This direct-to-consumer model, powered by advanced analytics, allows Ace Turtle to maintain agility and responsiveness in the dynamic retail landscape, positioning it as a key player in its market.
How much funding has Ace Turtle raised?
Ace Turtle has raised a total of $39.5M across 3 funding rounds:
Series A
$5M
Series B
$34M
Debt
$540K
Series A (2017): $5M with participation from Vertex Venture Holdings Ltd
Series B (2023): $34M led by Trifecta Capital, SBI Investment, Farglory Realty, Tuscan Ventures, Vertex Growth Fund, and Stride Ventures
Debt (2023): $540K supported by Trifecta Capital
Key Investors in Ace Turtle
Vertex Venture Holdings Ltd
Vertex Holdings is a Singapore-based venture capital investment holding company that serves as the anchor investor in a global network of venture capital funds. The company focuses on early-stage technology and healthcare opportunities, providing funding and operational support through its various partnerships across regions including China, Israel, Southeast Asia, India, the US, and Japan.
Trifecta Capital
Trifecta Capital is India's leading alternate financing platform that supports startups throughout their life cycle by managing venture debt funds, a growth equity fund, and a tech platform for treasury management. The company aims to help startups optimize their capital structure, avoid dilution, and inject working capital for growth.
SBI Investment
SBI Investment Co., Ltd. specializes in venture capital investments, focusing on supporting early-stage companies and providing comprehensive management support. Their services include investment in startups, IPO assistance, and M&A advisory, targeting innovative industries and technology-driven businesses.
What's next for Ace Turtle?
The recent major strategic investment signals Ace Turtle's readiness for accelerated expansion and market penetration. This capital infusion is expected to fuel further technological development, enhance manufacturing capabilities, and broaden its consumer reach. The company's focus on data-driven operations and direct consumer engagement positions it well to capitalize on emerging market trends and solidify its competitive advantage. Future growth will likely involve strategic partnerships and continued innovation in its product and service offerings.
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