Past Portfolio
Savi Technology Inc
AceFusion was established in 1998. The company grew from 6 to 120 employees since its inception. AceFusion was the first company to receive financial backing from Singapore’s National Science and Technology Board’s (NSTB) Venture Investment Support for Start-ups (VISS) Fund. In addition to IIPL (previously NSTB Holdings), other investors included WIIG-TDF Partners LLC, Technology Fund II and Venture TDF.IIPL invested in AceFusion in 2000, and in 2001. Thereafter, Savi Technology Inc merged with AceFusion to create a new global provider of real-time logistics software and systems. Today, the company serves a broad customer base, including the U.S. Department of Defense, the U.S. Postal Service and Singapore Airlines, as well as major automotive, electronics and grocery and retail companies.