Ooosh Tech Lab
Ooosh Tech Lab is a Hong Kong-based integrated venture capital firm offering zero-fee startup incubation in exchange for ~1.25% equity, coworking space across Hong Kong and Singapore, direct seed investment, and a tiered angel investor club serving early-stage startups and investors in Southeast Asia.
- Company typePrivate
- Founded2020
- HeadquartersCentral, Hong Kong SAR China
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Ooosh Tech Lab does
Ooosh Tech Lab Limited is a Hong Kong-domiciled integrated venture capital firm that bundles startup incubation, direct seed investment, coworking space operations, and an angel investor club under a single brand. Its core offering is a 3-to-6-month incubation program with zero up-front fees, structured around a SAFE agreement that gives the firm approximately 1.25% in future equity plus a minimum USD10,000 lead investment upon graduation. The firm reports a 50% graduation rate with 100% of graduates securing follow-on funding through its network, and lists seven named portfolio companies (Cloudbreakr, KrunchData, TripGuru, Zectr, Mezzofy, Telkie, CL1CK) spanning marketing technology, travel technology, fintech, and e-commerce.
The technology surface is primarily community- and platform-based rather than product-software-based: the firm operates four physical coworking sites across Hong Kong (Central, Kowloon, Island East, Lai Chi Kok) plus a Singapore regional HQ, and runs the Ooosh Investor Club — a tiered online membership platform (Affiliate, Elite, Executive) with NFT-based membership tokens for the top tier, capped at 100 Executive Investors. Add-on services include a USD9.95 lifetime Resource Library and growth/M&A advisory delivered through partnerships with Houston Collective and Somerley Capital.
Monetization comes from four streams: (1) ~1.25% equity stakes in incubatees via SAFE, (2) coworking membership fees starting at HKD1,000 per month, (3) a 10% referral fee on investor introductions that successfully close, and (4) partner-referred growth and advisory engagements. The customer base is split between early-stage technology startups in Hong Kong and Southeast Asia (primary), individual angel investors across three experience tiers (primary), and corporate innovators seeking ecosystem access (secondary). The firm is co-founded and managed by three General Partners (Jeffrey Cheng, Alex Cheng, Jamie Cheung) supported by two Partners and 13 named mentors and investment partners, and operates as an independent, privately-held entity with no disclosed institutional LP capital.
Ooosh Tech Lab firmographics
Firmographics- Name
- Ooosh Tech Lab
- Legal name
- Ooosh Tech Lab Limited
- Website
- https://oooshtechlab.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Ooosh Tech Lab is a Hong Kong-based integrated venture capital firm offering zero-fee startup incubation in exchange for ~1.25% equity, coworking space across Hong Kong and Singapore, direct seed investment, and a tiered angel investor club serving early-stage startups and investors in Southeast Asia.
- Ownership category
- akta.pro rank
Ooosh Tech Lab industry classification
Industry- Product category
- Venture Capital & Startup Incubation
- NAICS
- Professional and Management Development Training (61143)
- SIC
- Investment Advice (6282)
- akta.pro industry
- Accelerators & Incubators (Investor-Operated)Early-Stage Venture Capital (Series A/B)Corporate Accelerators & Startup Programs
Keywords
Where Ooosh Tech Lab is headquartered
LocationHeadquarters
- HQ city
- Central
- HQ country
- Hong Kong SAR China
- HQ region
- Asia
Offices4 records
Markets served
Ooosh Tech Lab business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Incubation & Equity Investment: Ooosh Tech Lab provides free incubation (zero up-front fee) in exchange for approximately 1.25% future equity via a SAFE agreement. Graduates receive a minimum USD10,000 investment as institutional validation. The firm also earns 10% investment referral fees when they successfully introduce investors to incubatees.
- Coworking Space Rental: Coworking space membership revenue at Hong Kong locations. 24/7 access provided to incubator participants. Pricing starts at HKD1,000/month for coworking members.
- Investment Referral Fees: Performance-based referral fees (10%) charged only when Ooosh successfully refers investors to portfolio companies. No fees on capital raised through the startup's own network.
- Growth & Advisory Services: Additional startup services including Growth Acceleration (Regional Expansion, Playbook Formulation, Market Activation) in partnership with Houston Collective, and Management Advisory (M&A, Financial Advisory, Due Diligence) in partnership with Somerley Capital.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Free Incubation Program with Equity |
| Subscription | Monthly | Coworking Space Membership |
| Subscription | Pay-as-you-go | Resource Library Lifetime Membership |
| Other | Pay-as-you-go | Affiliate Investor (No Experience Required) |
| Other | Pay-as-you-go | Elite Investor (Minimum USD10,000 Invested) |
| Other | Pay-as-you-go | Executive Investor (Maximum 100 Active) |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels10 records
Ooosh Tech Lab product offering
Product offeringCore offering
Ooosh Tech Lab runs a 3-6 month zero up-front fee startup incubation program in exchange for approximately 1.25% future equity via a SAFE agreement, combined with direct venture capital investment as lead investor (minimum USD10,000 per graduate). It also operates 20,000 s.f. of 24/7 coworking space across Hong Kong (Central, Kowloon, Island East) and Singapore, and the Ooosh Investor Club - a tiered angel-investor platform connecting accredited and novice investors with vetted early-stage startups across Southeast Asia.
Product overview
Ooosh Tech Lab is an Integrated Venture Capital firm offering a multi-product ecosystem for early-stage startups and investors in Hong Kong and Southeast Asia. The core offerings include the Ooosh Incubator Program (a 3-6 month zero-fee incubation in exchange for ~1.25% future equity, with direct investment, growth marketing, and M&A/IPO support), Ooosh Coworking Space (24/7 access across Hong Kong and Singapore locations), and the Ooosh Investor Club (a platform connecting angel investors with vetted startups across Asia in three tiers). Additional services include Resource Library membership, Growth Acceleration (via Houston Collective partnership), and Management Advisory (via Somerley Capital partnership). The company targets innovative software startups in Hong Kong and Southeast Asia with at least one technical co-founder.
Differentiator
Problem solved
Functional benefit
Products and services
- Ooosh Incubator Program A zero up-front fee startup incubation program lasting 3-6 months that helps early-stage technology startups become investment-ready through weekly 1-on-1 mentoring, strategic growth marketing, and mentor matching. Designed for prototype-stage startups with at least one technical co-founder in Hong Kong or Southeast Asia.
- Direct Investment Ooosh Tech Lab acts as lead investor in startups, providing a minimum USD10,000 investment upon completion of the incubator program, plus follow-on investment eligibility in future fundraising rounds.
- Ooosh Coworking Space 24/7 access coworking spaces across Hong Kong (Central, Kowloon, Island East) and Singapore (Icon@Changi), with membership plans starting at HKD1,000/month and 20,000 s.f. of total footprint.
- Ooosh Investor Club An online platform connecting angel investors with vetted early-stage startup opportunities across Asia, offering three membership tiers - Affiliate Investor (no experience required), Elite Investor (minimum USD10,000 invested), and Executive Investor (minimum USD50,000 invested, capped at 100 active members, with NFT membership tokens).
- Resource Library A lifetime membership (USD9.95) to a knowledge database of resources on innovation, technology, and entrepreneurship, including an Incubator/Accelerator/VC Rolodex, Productivity Toolkit, Document Templates, and member Promotions & Discounts.
- Ooosh Growth Acceleration Regional expansion, playbook formulation, and market activation services delivered in partnership with Houston Collective for portfolio companies of the Ooosh incubator.
- Ooosh Management Advisory M&A, financial advisory, and due diligence services delivered in partnership with Somerley Capital for portfolio companies preparing for exit, IPO, or M&A transactions.
Quantifiable outcome
- 50% graduation rate from incubator program
- +3 more outcomes
Companies that use Ooosh Tech Lab
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Ooosh Tech Lab technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Ooosh Tech Lab partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Houston CollectivecorePartnership for Growth Acceleration services including Regional Expansion, Playbook Formulation, and Market Activation support for portfolio companies.
- Somerley CapitalcorePartnership for Management Advisory including M&A, Financial Advisory, and Due Diligence services for portfolio companies.
- 500 StartupsminorReference comparison for incubation fee structure. Ooosh uses performance-based fees similar to 500 Startups' model but with zero up-front costs.
- Booost IncubatorminorIncubatee referral partner at booostincubator.com/about-us for startup ecosystem collaboration
- GroooSolutionsminorMarketing Tech Solutions partner at grooosolutions.com - provides marketing technology solutions within the Ooosh ecosystem
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Ooosh Tech Lab competitors and assessment
Company assessmentDirect peers
- Brinc: Hong Kong–headquartered global accelerator and VC running programs in multiple verticals (clean energy, medtech, fintech). Directly comparable as a regionally anchored integrated VC + accelerator that combines programs with direct investment.
- SOSV: Multi-stage VC and accelerator operator (HAX, IndieBio, Chinaccelerate, MOX). Comparable as an integrated accelerator + fund platform running multiple vertical programs with direct investment and follow-on capital.
- CoCoon: Long-standing Hong Kong private startup community and pre-accelerator. Comparable as a HK-rooted community-driven platform that funnels founders into later programs and capital.
- AngelHub: Hong Kong–based angel investment network and syndication platform. Comparable as a regional investor-club platform with deal-flow curation and tiered membership for angel investors, similar in concept to Ooosh Investor Club.
- The Hive (Hong Kong): Hong Kong coworking and accelerator operator serving startups and investors in Asia. Comparable as a Hong Kong integrated coworking + community + venture platform with overlapping member base.
Broad incumbents
- Techstars: Global accelerator network with equity-for-program model. Highly comparable program economics and founder support offering, but at much larger scale and brand recognition.
- Y Combinator: The benchmark accelerator with SAFE-based equity model. Comparable in program structure and SAFE-for-equity mechanics, but operates at vastly larger scale and accepts founders globally.
- 500 Global (formerly 500 Startups): Global early-stage accelerator and VC referenced explicitly by Ooosh as a fee-structure benchmark. Highly comparable accelerator + investment model with broad global footprint; Ooosh is a smaller regional analogue.
Regional players
- HKSTP (Hong Kong Science and Technology Parks): Hong Kong government-backed incubator and funding programs for science and tech startups. Comparable as a Hong Kong–based incubator/funder that competes for similar early-stage founders.
- Cyberport: Hong Kong government-backed digital tech hub and incubator providing workspace, funding, and acceleration. Comparable as a Hong Kong startup support ecosystem player, though not a private VC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Ooosh Tech Lab social profiles
Digital presenceOoosh Tech Lab financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ooosh Tech Lab leadership team
Management profileNumber of profiles
Profiles16 records
Ooosh Tech Lab funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ooosh Tech Lab M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ooosh Tech Lab
What does Ooosh Tech Lab do?
Ooosh Tech Lab runs a 3-6 month zero up-front fee startup incubation program in exchange for approximately 1.25% future equity via a SAFE agreement, combined with direct venture capital investment as lead investor (minimum USD10,000 per graduate). It also operates 20,000 s.f. of 24/7 coworking space across Hong Kong (Central, Kowloon, Island East) and Singapore, and the Ooosh Investor Club - a tiered angel-investor platform connecting accredited and novice investors with vetted early-stage startups across Southeast Asia.
Is Ooosh Tech Lab a public or private company?
Ooosh Tech Lab is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Ooosh Tech Lab founded?
Ooosh Tech Lab was founded in 2020. It employs 1 to 10 people.
Where is Ooosh Tech Lab based?
Ooosh Tech Lab is headquartered in Central, Hong Kong SAR China, in the Asia region.
How does Ooosh Tech Lab make money?
Four revenue lines are on record. Incubation & Equity Investment is the primary driver. The others are coworking Space Rental, investment Referral Fees and growth & Advisory Services.
Who are Ooosh Tech Lab's main competitors?
Direct peers on record are Brinc, SOSV, CoCoon, AngelHub and The Hive (Hong Kong). Broad incumbents are Techstars, Y Combinator and 500 Global (formerly 500 Startups). Regional players are HKSTP (Hong Kong Science and Technology Parks) and Cyberport.
Does Ooosh Tech Lab have an API?
No public API is recorded for Ooosh Tech Lab.
What industry is Ooosh Tech Lab in?
Ooosh Tech Lab's product category is Venture Capital & Startup Incubation. Its primary akta.pro industry code is FSANAAAM, Accelerators & Incubators (Investor-Operated), with a secondary code of FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 61143 and its SIC code is 6282.