# Varadise

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/varadise

- Industry: Software
- Headquarters: Kwun Tong, Hong Kong SAR - China
- Website: www.varadise.ai
- Total disclosed funding: $3M
- Latest round: Series A (Jan 10, 2025)
- Investors on record: 2

## About

Established in 2019 and based in Kwun Tong, Hong Kong, Varadise Limited operates as a software company that provides AI-powered digital twin solutions. The company was founded by its CEO, Terence Lui. In January 2025, Varadise Limited raised USD 3 million in Series A funding led by Betatron Venture Group, Innovation and Technology Venture Fund.

Varadise specializes in providing AI-powered digital twin solutions tailored for the construction and smart city sectors. The company’s core offerings include advanced project management tools designed to streamline operations, enhance safety, and improve compliance standards across multiple projects. The platform leverages Building Information Modeling (BIM) and data management systems to assist clients in achieving their long-term sustainability and safety objectives. The company’s product line includes Varadise Twin, a digital twin platform; Varadise Digital Works Supervision System (DWSS), which is a platform that allows digital submission, review, and approval of works and inspection documents; IoT Devices and Solutions. It primarily serves a diverse client base consisting of construction firms, city planners, and engineering consultants, focusing on markets in Hong Kong and broader Asia-Pacific regions.

The company plans to utilize the funding raised in January 2025 to support its expansion plans in global markets.

## Funding rounds

- Series A, Jan 10, 2025, $3M — Betatron Venture Group, Innovation and Technology Venture Fund

## Investors

- Betatron Venture Group (https://capitalatlas.ai/funds/betatron-venture-group) — Series A
- Innovation and Technology Venture Fund (https://capitalatlas.ai/funds/innovation-and-technology-venture-fund) — Series A