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Scale Asia Ventures (SAV) Founding Partner on Silicon Valley AI Investment Trends and Corporate LP Expansion at AVCJ Private Equity Forum 2024

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Scale Asia Ventures (SAV) Founding Partner on Silicon Valley AI Investment Trends and Corporate LP Expansion at AVCJ Private Equity Forum 2024
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Scale Asia Ventures (SAV) Founding Partner on Silicon Valley AI Investment Trends and Corporate LP Expansion at AVCJ Private Equity Forum 2024

2025-03-18 04:00 Last Updated At:04:31

PALO ALTO, Calif.--(BUSINESS WIRE)--Mar 17, 2025--

Scale Asia Ventures (SAV) Founding Partner Wally Wang spoke at the AVCJ Private Equity Forum 2024, joining investment leaders from Carlyle, Warburg Pincus, Apollo, and other top global firms to discuss AI investment trends and corporate LP expansion in Asia.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250318051704/en/

As a firm specializing in AI-native infrastructure and applications, SAV sees a fundamental shift in enterprise software—AI-native applications are replacing traditional SaaS, delivering real-time intelligence instead of static workflows. Companies like Cresta are transforming contact centers with AI-driven coaching, Solve Intelligence is revolutionizing legal and knowledge work, and VISO Trust is redefining IT security with autonomous risk assessments. Unlike traditional SaaS, these AI-native platforms continuously improve, capturing more value through service-based and performance-driven models.

The Rise of Open-Source AI and Its Impact on AI-Native Applications

The emergence of DeepSeek and other open-source AI models is challenging closed-source players like OpenAI, driving lower costs and better performance for AI-native applications. As enterprises in Asia seek localized, cost-efficient AI solutions, open-source advancements will accelerate adoption, allowing AI-native companies to scale faster and capture greater value in the region.

Driving Silicon Valley AI Adoption Through Corporate Partnerships in APAC

Beyond capital, SAV actively connects AI companies with major corporate customers across financial services, telecom, healthcare, and manufacturing in Asia. The firm has introduced AI infrastructure companies like VAST Data, Weaviate, CAST AI, Fiddler AI, and Lightrun to enterprises scaling AI workloads, while Cresta has expanded into contact center operations and Subtle Medical is partnering with healthcare providers to enhance imaging efficiency in Asia.

To further enhance its portfolio companies’ expansion, SAV has built strong corporate alliances across Asia, including Japan, Korea, and Southeast Asia. In Japan, the firm works closely with ITOCHU Corporation, KDDI, Fujitsu, and SBI Holdings to provide strategic market access and operational support. In Korea, Bespin Global, NH Securities, Shinsegae, SK, LG, Naver, and Kakao are key partners in accelerating AI adoption within the region. Additionally, in Southeast Asia, SAV collaborates with major partners such as Singapore GovTech, DBS Bank and Genting Group to extend its portfolio companies’ reach into fast-growing markets.

Expanding Strategic Corporate LP Networks across Asia

Beyond market entry, SAV continues to broaden its corporate and LP networks, positioning itself as the key bridge between Silicon Valley’s AI innovation and Asia’s enterprise sector. With a growing base of institutional investors, family offices, and corporate venture arms, SAV ensures that AI-first companies not only receive financial backing but also gain direct access to Asia industry leaders that are actively seeking out cutting-edge AI solutions.

“The shift from traditional SaaS to AI-native applications is already underway, and Asia represents one of the most significant adoption opportunities,” said Wally Wang. “SAV remains committed to identifying and scaling AI-driven companies by leveraging its deep corporate and LP network, ensuring these businesses gain the strategic partnerships needed to dominate their respective markets.”

About SAV (Scale Asia Ventures)

SAV (Scale Asia Ventures) is a Silicon Valley-based venture capital firm with a $30M inaugural early-stage fund dedicated to supporting enterprise-focused companies worldwide. Beyond early-stage funding, SAV is committed to strengthening its portfolios with an additional $100M in later-stage funding, drawing from its robust Limited Partner base.

The fund's backers include institutional funds, prominent family offices, and publicly-traded conglomerates in the United States, South Korea, Japan, and Singapore. SAV provides its portfolios with expertise in both U.S. and Asia markets and a unique global network of strategic corporate partners.

Wally Wang, Founding Partner of Scale Asia Ventures (SAV) on AI investment trends, the rise of AI-native applications, and the future of enterprise technology in Asia at AVCJ Forum 2024.

Wally Wang, Founding Partner of Scale Asia Ventures (SAV) on AI investment trends, the rise of AI-native applications, and the future of enterprise technology in Asia at AVCJ Forum 2024.

ANAHEIM, Calif. (AP) — You’ve done something special when Torii Hunter, a nine-time Gold Glove Award winner known for his acrobatic catches, calls what you just did “probably the greatest defensive game I’ve ever seen.”

That was the praise Hunter heaped on the Los Angeles Angels' Jo Adell after the right fielder made three homer-robbing catches, the last a spectacular leaping grab while crashing into the seats near the right-field foul pole in the ninth inning, in a 1-0 victory over the Seattle Mariners on Saturday night.

“I’ve never seen three home run robberies in one game, and I’ve never seen a guy on the third one fall into the stands, catch the ball and keep his feet in like he’s a wide receiver,” said the 50-year-old Hunter, a special assistant to the general manager who watched the game from the bench. “I was jumping up and down. I almost passed out.”

Adell, who struggled on defense for several years before transforming into a Gold Glove finalist in 2024, leaped high above the yellow line on the wall in straight-way right field to deny Cal Raleigh of a solo homer in the first inning, and made a nearly identical catch to against Josh Naylor in the eighth.

J.P. Crawford then led off the ninth with a drive toward the right-field corner, where Adell raced toward the ball, leaped to glove it, flipped over the low wall and fell into the first row of seats before holding his glove up to present the catch, which was upheld after a replay review.

“After the first one, I was pretty fired up,” Adell said. “When I got to the second one, which looked identical to the first, I thought, ‘Wow, my routes are on point tonight.’ The third one was just grit. Top of the ninth, you have to get it done. It was crazy.

“You just get there, then it’s decision-making. The ball was hit high enough to where I could get there. I watched it (into my glove), fell over and ended up in somebody’s lap. I don’t know who it was, but it was a softer landing than I expected. The fans were as fired up as me.”

According to Inside Edge, Adell has 10 home run robberies since 2020, tied with Kyle Tucker of the Dodgers for the most in the big leagues. The outfielders with the most home run robberies in the entire 2025 season were Jacob Young of the Nationals and Fernando Tatis of the Padres. Both had four.

This was believed to be the first time in baseball history a player has robbed three homers in one game.

“It was like a movie scene,” Hunter said about Adell’s third catch. “It was like the music was playing, then he caught the ball, then he went down and we didn’t see him anymore. The music paused, he came up and said, ‘Yeah!’ I started cheering and almost blacked out.”

Hunter, the former Minnesota Twins, Angels and Detroit Tigers star, has worked extensively with Adell on defense during the past few years.

“His impact has been huge,” Adell said. “It’s mental when you’re out there — it’s a mindset of going to get the baseball, being aggressive. Early, I was caught in between on some plays, and sometimes that happens.

“When you err on the side of being aggressive and trying to make the plays, you’d be surprised at how many plays you make. That’s the mindset Torii had all those years, winning all those Gold Gloves.”

P MLB: https://apnews.com/hub/mlb

Los Angeles Angels left fielder Jo Adell (7) jumps up to catch a ball hit by Seattle Mariners' Josh Naylor (12) during the eighth inning of a baseball game Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels left fielder Jo Adell (7) jumps up to catch a ball hit by Seattle Mariners' Josh Naylor (12) during the eighth inning of a baseball game Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels catcher Logan O'Hoppe (14) and left fielder Jo Adell (7) embrace at the end of a baseball game against the Seattle Mariners, Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels catcher Logan O'Hoppe (14) and left fielder Jo Adell (7) embrace at the end of a baseball game against the Seattle Mariners, Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels Jo Adell (7) is greeted by teammates at the end of a baseball game against the Seattle Mariners, Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels Jo Adell (7) is greeted by teammates at the end of a baseball game against the Seattle Mariners, Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels left fielder Jo Adell (7) catches a ball hit by Seattle Mariners' J.P. Crawford during the ninth inning of a baseball game Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels left fielder Jo Adell (7) catches a ball hit by Seattle Mariners' J.P. Crawford during the ninth inning of a baseball game Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels left fielder Jo Adell (7) catches a ball hit by Seattle Mariners' J.P. Crawford during the ninth inning of a baseball game Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

Los Angeles Angels left fielder Jo Adell (7) catches a ball hit by Seattle Mariners' J.P. Crawford during the ninth inning of a baseball game Saturday, April 4, 2026, in Anaheim, Calif. (AP Photo/Caroline Brehman)

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