Matthew Badalucco

Co-Founder & CEO

2022

Contributor

2020

I write a column on the startup and VC ecosystem in Indonesia and the Asia-Pacific region.

Partner

2022 - 2022

SeaX Ventures is a global venture capital fund investing in early-stage companies with game-changing “exponential” technologies. We combine our strong entrepreneurial, investing, and scientific backgrounds with extensive professional networks across the U.S. and Asia to identify the best investment opportunities.

Co-Founder & CFO

2017 - 2022

Milu Labs is developing the most advanced technologies in women's health. We are driven to provide new and innovative ways of diagnosing and treating health conditions that affect women in Asia and across the world. Our pipeline consists of technologies developed by leading researchers in their fields.

Head of Investments

2016 - 2017

Catcha Group is one of Southeast Asia’s most established technology investment platforms with a venture building record consisting of 6 IPOs and over US$1 billion in value creation. - Worked directly with the CEO to identify new markets for venture building endeavors across Southeast Asia - As a member of the Investment Committee, reviewed and voted on every investment decision made by the firm

Vice President

2014 - 2016

-Charted and set venture capital investment approach for firm’s activities across the region and targeted financing rounds that ranged from seed to series C -Discovered, evaluated, and conducted diligence on startups in the fin-tech, e-commerce, enterprise, and on-demand verticals in Thailand, Singapore, Vietnam, Indonesia, Malaysia, the Philippines, Myanmar, and Hong Kong -Led deep integration and company outreach efforts across the ASEAN tech ecosystem

Private Equity and Special Situations Senior Associate

2013 - 2014

The Clermont Group is a multibillion-dollar investment group founded by value investor Richard Chandler -Reporting to CEO, held principal responsibility for review and oversight of a private equity portfolio and illiquid public markets portfolio spanning six firms in four countries -Evaluated prospectuses and presented recommendations for private and public investments to CEO and Chairman -Opposite senior management, conducted intensive due diligence and financial analysis on a major Chinese energy joint venture -Held responsibility for training junior associates in valuation principles and DCF modeling Selected Transactions, Investments, and Due Diligence: -Evaluation of equity injections to made be annually to Sinopec Green Energy, Orka Geothermal’s China JV with Sinopec -Analysis of >$100mm of debt and equity investments to build Orka’s new geothermal business line in the Philippines -Analysis of a Southeast Asia hospital bolt-on acquisition to add to an existing healthcare portfolio company -Evaluation of shareholder engagement and investment strategy regarding a $130mm purchase of Energy World Corporation shares

Founder and Executive Director

2009 - 2010

First 501(c)(3) NGO to provide video game technology to low-income children -Launched the first non-profit organization that provides video game technology access to underserved children in school systems and youth programs in New York, San Francisco, Chicago, and Atlanta -Designed and implemented a nationwide market maker and exchange for used and new video games that are matched with after-school and summer programs targeting disadvantaged youth -Created a transparent system of tracking financial contributions that allows donors to make micro-transactions and fractional payments -Managed the creation of a proprietary Facebook app that displays donors’ badges on their profiles reflecting the amounts of money they have contributed and the youth centers to which they have given -Coordinated press efforts and served as primary spokesman for interviews by “New York One” news station, San Jose Mercury News, The Globe and Mail, and the Toronto Star

Assistant Portfolio Manager, Private Equity - Private Investments in Public Equity

2006 - 2008

Global multibillion-dollar hedge fund founded by arbitrageur Thomas Sandell -Reviewed prospectuses for over $5bn of transactions to determine the growth potential and investment worthiness of publicly traded companies with market capitalizations under $400mm -Evaluated and collaborated with C-level management of companies across industries, including information technology, life sciences, alternative energy, and consumer products -Structured securities, ranging from registered common stock to convertible debentures with warrant coverage and unregistered underlying shares, for potential capital injections of between $1mm to $25mm -Conducted extensive due diligence, which included travel to China to interface with investment targets’ corporate partners, clients, suppliers, and relevant Chinese Communist Party officials -Represented the fund at numerous small-cap and sector specific industry conferences Selected Transactions, Investments, and Due Diligence: -Analysis and monitoring of $10mm investment consisting of a convertible debenture with warrant coverage in Raptor Networks, a technology company specializing in Internet routers -Analysis and monitoring of $15mm investment consisting of a convertible debenture with warrant coverage in Broadcast International, an IT company that creates algorithms that manage online video content -Analysis and monitoring of $10mm investment consisting of common stock and warrants in Elizabeth Taylor’s jewelry firm, House of Taylor -Analysis and tracking of $25mm investment consisting of a convertible debenture with warrant coverage in Maxwell Technology, an ultra-capacitor company -Evaluation of $5mm investment consisting of a convertible debenture with warrant coverage in Maverick Oil and Gas -Evaluation of $2mm investment consisting of common stock and warrants in Biophan, a medical device firm -Analysis of $5mm investment consisting of a convertible debenture with warrant coverage in China VOIP, a Chinese technology company

Investment Banking Analyst

2005 - 2006

-Executed valuation analysis, such as comparable trading, comparable transaction, and discounted cash flow for more than 20 companies in the health care, pharmaceutical, and biotech industries -Produced financial models to analyze acquisition scenarios for healthcare firms with market caps of $600mm to $3bn -Performed accretion/dilution analysis featuring several combinations of stock and cash funding Selected Transactions, Investments, and Due Diligence: -Analysis of $130mm acquisition of Scient’x, a company selling lumbar spinal implants, by Alphatec