Singapore is one of the primary tech hubs in the East, drawing in talent, investment, and startup activity over the last decade. As early as 2015, Scott Anthony of Innosite wrote in Harvard Business Review, “in my first year in Singapore, we might hear news about a company landing venture funding every few months, and an exit (cashing out either through an IPO or by selling itself to a larger company) every year.”
Following the global pandemic, the Straits Times has reported that tech startups raised over $5.3 billion. This stratospheric rise in investment has made the region one of the most exciting places to launch a new venture or raise capital for tech innovation.
➡️ Download the full list of VCs and Angel Investors in 100+ countries!
🚀 Check the full list of startup accelerators in Singapore
👨💻 Check the best Co-Working Spaces in Singapore
Topics Covered:
Why Should You Raise Funds in Singapore?
Part of the reason for this has been the favorable climate for innovation Singapore’s government has engendered, beginning with its National Framework for Innovation and Enterprise in 2008. This flagship program provided matched government funds for five startups, kickstarting Singapore as a place to launch new ventures.
Recently, Singapore launched a new scheme to address a talent gap within a rapidly expanding sector, the Innovation and Enterprise Fellowship Programme, aimed at “deep-tech Accelerators, Corporate Innovation Houses, Incubators, Venture Builders and Venture Capital Firms.” It seems evident that Singapore is determined to rival Silicon Valley as a powerhouse of new technology and enterprise.
Angel Investors and VC Funds are a crucial part of the innovation ecosystem. When a startup has nothing to offer except the enthusiasm and brilliance of its founders and the potential inherent in the product they have developed, bold investment is required. Both these investment entities will consider relatively risky proposals which have the potential for phenomenal returns.
With all these venture capital funds and angel investors flooding into Singapore, there has never been a better time to find an investment partner for your tech startup. To help you navigate a wealth of options, we’ve prepared a list of all the investment players currently funding companies in the region.
But first, some definitions.
What’s the Difference Between an Angel Investor and a Venture Capital Fund?
Angel Investors: These are typically high net-worth individuals willing to invest their own money early in a company’s development. They are taking a relatively high risk and will require both an equity share and an ongoing relationship with the company’s strategic direction.
Venture Capitalists: Individuals belonging to an umbrella firm that often invests at a slightly later stage than angel investors, primarily when it’s time to scale up. They too will take an equity position, but also require startups to have an exit strategy in mind, such as an acquisition or IPO.
Below, in no particular order, is our complete rundown of both these types of investment entities in the region.
Venture Capitalist Funds in Singapore
The funds below will be looking for investments in companies ready to scale up, showing significant growth promise, and ultimately seeking an exit strategy via acquisition or IPO. All quoted investment ranges are in US Dollars.
Type: VC
Stage: Pre-Seed, Seed, Series A
Investment Value: -
Focus: Web 3.0 Infrastructure
NGC Ventures is an early-stage investor specialized in web 3.0 infrastructure firms and projects, with an emphasis on discovering and supporting disruptive innovation. Since its inception in 2017, NGC Ventures has managed over $500 million in AUM and has an internationally varied workforce, establishing itself as a prominent participant in the web3 and cryptocurrency industry with a hands-on approach to investment and a strong emphasis on sponsoring research at famous institutions.
Type: VC
Stage: Pre-Seed, Seed, Series A, Series B
Investment Value: $250,000 - $5 million
Focus: Technology
January Capital invests in tech companies that focus on second-order businesses, the startups that aim to solve the structural inhibitors faced by various industries and sectors. Through technological infrastructure, they want to solve issues that will allow for progress in the digitization of commerce. They have invested over $25 million across the portfolio, namely Shopback, Akulaku, and Cialfo, amongst many others.
Type: VC
Stage: Pre-Seed, Seed, Series A, Series B
Investment Value: $500,000 - $1 million
Focus: FinTech, eCommerce, Web 3.0
Saison Capital is the venture capital arm of Credit Saison, a well-established financial services company. Leveraging their extensive financial experience, they invest in early-stage companies focusing on embedding finance into their ecosystems. This means that they aim to enhance the value propositions of non-financial companies by adding financial services propositions alongside them. Some of their portfolio companies are Koinworks, Segari, and Helicap.
Type: VC
Stage: Seed
Investment Value: $1 million - $5 million
Focus: Consumer, Deep Tech, Enterprise
Founded in 2003, Wavemaker Group is a well-established venture capitalist firm with investments in over 400 companies amounting to over $600 million globally. Any local startups targeting small-medium enterprises, startups targeting large enterprises, as well as startups targeting consumers may apply to their VC - as long as they implement technology to create value and solve meaningful problems.
Type: VC
Stage: Seed
Investment Value: $1 million - $5 million
Focus: Technology
KK Fund invests in early-stage tech startups focused on the mobile and internet technology realm. KK Fund was established by seasoned investment managers and they partnered with notable consultants and entrepreneurs. They also have a diverse network within the startup ecosystem in Southeast Asia and Korea - namely Enterprise Singapore, Kambria, Sunway, KDB, and K-ICT. You might also want to check out their accelerator programs!
Type: VC
Stage: Seed
Investment Value: $100,000 - $1 million
Focus: eCommerce, Information Technology, Advertising, Marketing, Internet
Operating since 2007, Expara boasts their tenured experience in venture-building and has invested in 84 companies. Not only that, they also provide venture services such as Expara Academy, which provides education for both entrepreneurs and investors, as well as accelerator programs and innovation challenges to drive startups forward. As a result, they are well-positioned to guide startups through their business development journey.
Type: VC
Stage: Seed
Investment Value: $5 million - $10 million
Focus: Technology [eCommerce, FinTech, Financial Services, Marketplace, Software
Founded by Silicon Valley natives, Golden Gate VC invests in tech and innovation startups to "empower the audacious", risk-taking, out-of-the-box founders with their ideas to be the next change-makers. They have a founders-first approach to investing, with support involving the founders community, networking and fundraising with partners for expansion, strategy and coaching, and recruitment. To this date, they have invested $250 million in funds towards 60+ companies, with notable names such as Rukita, Xendit, and Alodokter.
Type: VC
Stage: Seed
Investment Value: $200,000 - $15 million
Focus: Technology [Social Impact]
Trive is a venture capitalist determined on their mission to create a positive social impact. Through an adapted IMP framework and following ESG guidelines, Trive invests in and supports founders that can create scalable, technological solutions for the betterment of society. With $26 million assets under their management, they have founded 20 companies with startups operating in 6 countries and portfolio enterprises valued at $500 million.
Type: VC
Stage: Seed
Investment Value: $500,000 - $1 million
Focus: Sector Agnostic
Like its name Cocoon Capital, this VC invests in and nurtures founders who "Dare to Change" with extensive guidance and counsel for personal development. By only taking in 6 deals a year, Cocoon Capital placed themselves as a trusted and focused advisor, dedicated to growing your company from seed to further funding rounds. They had over 20 years of experience bringing companies to Series A with a high success rate.
Type: VC
Stage: Seed
Investment Value: $50,000 - $500,000
Focus: FinTech, Health & BioTech, HR, Education, IT Security, Marketing, Media, Real Estate, Transportation, Retail, eCommerce, Smart Cities, Industrial
500 Startups is a global venture capital firm with investments in over 2,500 companies across 78 countries. In Southeast Asia alone, they have invested in over 240 companies across a wide range of tech portfolios. They offer more than just funding, but also an exclusive community, in-depth experts, strategic development team, and corporate partners that will help your startup grow. They have backed unicorns like Grab and Carousell, as well as centaurs such as FinAccel, Stockbit, and 99.co, amongst many others.
Type: VC
Stage: Seed
Investment Value: $1 million - $5 million
Focus: Sector Agnostic
Inspired by Saint Amand - a patron of innkeepers, brewers, and merchants, Amand Ventures focuses on tech-based startups solving real problems within the value and supply chain sector. They especially want to invest in meaningful startups with initial traction, and in founders that are determined and passionate.
Type: VC
Stage: Seed
Investment Value: $10 million - $50 million
Focus: FinTech
Since 2003, Arbor Ventures has built a significant Fintech founders and startups portfolio. With a diverse team and a plethora of partnerships across the industry, Arbor Ventures is well-positioned to help entrepreneurs grow the next Fintech giant. Some of their notable portfolio companies are Grab, Akulaku, Ralali.com, Voom, and Uni.
Type: VC
Stage: Seed
Investment Value: $5 million - $10 million
Focus: Sector Agnostic
Beenext is a venture capitalist that is 'invested' in your startup's future. Taking a founder-first approach, Beenext is devoted to becoming your trusted partner for the long run, creating a shared future through mutual collaboration. Becoming a Beenext portfolio company means joining a diverse community of other innovators, collaborators, and investors who are open to ideation, co-creation, learning, and unlearning together. Some highlight-worthy companies are Sendo, PepperTap, and NuvoEx.
Type: VC
Stage: Seed
Investment Value: $1 million - $6 million
Focus: Blockchain
As its name suggests, Blockchain Founders Fund is a venture capitalist for early and late-stage blockchain enterprises. They aim to bring blockchain and emerging technologies with real-world applications into reality. Through hands-on support and an intensive venture builder program, they will help startups strategize across key business functions such as go-to-market, management, content, partnerships, customer acquisition, capital raising, and growth.
Type: VC
Stage: Seed
Investment Value: $1 million - $12 million
Focus: Blockchain, Web 3.0
Invested in the future economy, Cryptomeria Capital provides early-stage financing for innovations in Web 3.0, cryptocurrency, and decentralized technology. Some of their portfolio companies are IQ Protocol, Dexlab, Tribe One, and many more.
Type: VC
Stage: Seed
Investment Value: $1 million - $6 million
Focus: Web 3.0, Cryptocurrency, DeFi, Infrastructure, Gaming
Defiance Capital is a venture fund specialized in crypto and Web 3.0 gaming. Just as their name Defiance means, they challenge traditional finance with the belief that it will soon be replaced by decentralized finance. They have an active approach towards crypto assets in order to propel their adoption and gain network effects. If you are into Web 3.0, you might recognize some of their portfolio companies, such as Solana, Hummingbot, Nyan Heroes, Apeiron, and Cosmic Guild.
Type: VC
Stage: Seed
Investment Value: $100,000 - $1 million
Focus: Consumer
DSG Consumer Partners is a consumer-focused venture capitalist that promises to be your long-term partner in creating lasting brands. They emphasize on patience and focus on building business fundamentals through strategic mentorship and access to their extensive network. Since their conception in 2012, they have funded plenty of well-known brands we know and use today, such as Oyo, Saladstop, Chope, Youvit, and Saturdays.
Type: VC
Stage: Seed
Investment Value: $5 million - $10 million
Focus: Deep Tech, Smart Mobility, MedTech, Complex Computing
With core verticals in deep tech, smart mobility, medtech, and complex computing, Elev8 invites you to "imagine a future where.." your vision comes to life. They encourage founders to expedite the technologies of the future and create emergent industries. Some of the technologies they have backed are Civil Maps, Entropica Labs, Mesh Bio, PreAct, and many more.
Type: VC
Stage: Seed
Investment Value: $1 million - $10 million
Focus: Technology
FEBE stands for "For Entrepreneurs, by Entrepreneurs". This founder-centric venture capitalist's mission is to help fellow technopreneurs at the start of their journey to build mission-driven solutions. With an all-encompassing platform including global and Southeast Asia networks and tier-1 co-investors such as Sequoia and Temasek, they offer experience-based advice, entrepreneurial know-how, and resources valuable for your company's growth. Comprising both B2B and B2C companies, some companies they have invested in are Terralife, Bukugaji, Zenyum, and Janio.
Type: VC
Stage: Seed
Investment Value: $500,000 - $3 million
Focus: Healthcare
HealthxCapital (HXC) sits at the intersection of health expertise and venture capitalist to undertake opportunities in the healthcare sector of Southeast Asia. Partnering with clinical providers and commercial partners, as well as Jungle Ventures, a leading venture capitalist, and Apollo, the largest healthcare provider in India, JXC works to address the challenges in healthcare such as accessibility, affordability, and applicability to advance impactful solutions.
Type: VC
Stage: Seed
Investment Value: Variable
Focus: Web 3.0
Inspired by the unconventional Pet Rock toy, this venture capitalist believes in the daring and unorthodox. They continually lead breakthrough innovations in Web 3.0, decentralized finance, and metaverse. They will help you optimize your products gain sustainable value, break into key markets, and ensure mass adoption. Their portfolio companies are Guildfi, Blockchain Space, Symmetry, Metaplex, and others.
Type: VC
Stage: Seed
Investment Value: $1 million - $5 million
Focus: Technology
Ruvento invests in proprietary technologies and industry 4.0 innovations disrupting traditional sectors. With past experience as an accelerator, Ruvento has the knowledge in product development, launch marketing, and supply chain management, as well as the network for funding and manufacturing to help companies achieve milestones. Some portfolio startups we can highlight are Boom Supersonic, REVL, and CreoPop.
Type: VC
Stage: Seed
Investment Value: $5 million - $10 million
Focus: Deep Tech
Dedicated to knocking down barriers and tackling global challenges for the betterment of society, SG Innovate assists entrepreneurial scientists in advancing deep tech solutions from scientific research. To this date, they have invested over $36 million in 80+ startups that have raised upwards of $500 million. Throughout the sustainability, agrifood, advanced manufacturing, health & biomedical sciences, and emerging sectors, some notable names are SEPPURE, SensorFlow, and Biofourmis.
Type: VC
Stage: Seed
Investment Value: $5 million - $50 million
Focus: Renewables, Environmental, CleanTech
Derived from their concentration in three (TRI) growth areas within the sustainability sector: Renewables, Environmental, and Cleantech (-REC), TRIREC is driven to construct a sustainable future. TRIREC combines their East/West expertise and leverages their ecosystem of complementary companies and technologies to accelerate progress in global infrastructure projects, such as SolarHomes, FreeWire Technologies, and Ample.
Type: VC
Stage: Seed
Investment Value: Variable
Focus: HealthTech
Upholding their belief in creating the greater wealth of all, that is health, Verge invests in healthcare technologies at their earliest stages. They fund founders who possess the clinical, technical, and commercial competencies to build accessible, better quality, and efficient technologies. They are not only profit-driven but also put significance in human lives, particularly the underserved trenches of society. This is apparent in their investments in impactful companies such as RetiSpec, Reach52, Vitruvian Medical Diagnostics, and many more.
Type: VC
Stage: Seed, Post-Seed, Series A, Series B, Series C
Investment Value: $5 million - $10 million
Focus: FinTech, Online Advertising, Healthcare, Media Platform, Big Data, HRTech, eCommerce & Marketplace, Sharing Economy, IoT, Artificial Intelligence, Logistics & Transportation
Taking advantage of the opportunities in the large demography of Southeast Asia, Spiral Ventures identifies market trends and funds startups riding the leapfrog phenomenon and building infrastructures for new futures. They invest in startups at the cross between business and technology through varying stages to accelerate growth. Some of their well-known portfolios are Bukalapak, iPrice, and Carsome.
Type: VC
Stage: Seed, Series A
Investment Value: $1 million - $5 million
Focus: Sector Agnostic
In a marathon to tackle the world's immediate needs, Blue Ashva invests in new breeds of companies they call "Blue Horses", those with disruptive and bold ideas, and are agile, perseverant, and tangible. Supporting PhD innovators and founders, Blue Ashva brings novel technologies from their inception in the lab to their commercialization in the market. They will show you how to achieve profitability and impact for solutions to the most pressing challenges.
Type: VC
Stage: Seed, Series A
Investment Value: $150,000 - $450,000
Focus: Consumer Tech [B2B]
Founders Goh Sen Wee and Nadar Adjlani are looking for digital ventures to service the under-connected 650-million strong Southeast Asian population. So far, they have invested in health tech, ecommerce, SaaS, and logistics startups, amongst others. Strong vision and leadership seem to be essential to any founders they finance.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $10 million - $50 million
Focus: Sector Agnostic
A well-established venture capitalist with a stellar track record, Alpha JWC ventures aspires to build impact and leave a legacy. They invest in early to growth-stage ventures across diverse sectors, and supply them with the knowledge, expertise, and capital to be at the forefront of markets. Ajaib, Bobobox, Kredivo, Kopi Kenangan, Next Gen, and Zenius are just some of the many substantial companies in their portfolio.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: Variable
Focus: Software & Internet,Consumer
Jungle Ventures, Singapore's oldest and largest venture capital company, is known for its disruptive investing strategy, which prioritizes extensive founder participation and the formation of strong teams to drive business success. With a track record of funding early to growth-stage firms in India and Southeast Asia, Jungle Ventures has revolutionized the investing process, concentrating on team building and long-term sustainability to produce extraordinary venture capital returns.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $1.5 million - $40 million
Focus: BioTech, FinTech, ConsumerTech
If you're a startup focusing on tech in healthcare, financial services, and digital consumerism, and you're planning for regionalization, Majuven is the venture capitalist to look for. With the founding partners' guidance, considerable experiences, and network reach, your startup will get on top of evolving trends and become market leaders. Some highlighted portfolio companies are CrownBio, Eureka Therapeutics, and 17 Media.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $3 million - $5 million
Focus: FinTech, Logistics & Mobility, Consumer, Enterprise, Software & Deep Tech, Healthcare, EduTech
ALTARA is derived from the words Altitude and Nusantara - the historical name for Southeast Asia. As their name represents, they aim to bring tech startups to new heights. With a founder-focused approach and prowess in the field, they not only fund but will also help startups undertake opportunities and overcome roadblocks to gain traction. Some of their portfolio companies are Oddle, Saturdays, and StashFin.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: Variable
Focus: Finance & Crypto,Hardware,Software & Internet,AI & Machine Learning,Leisure & Travel
FBG Capital is a pioneering private offering business known for its sophisticated investing methods, which use technology, market data, and real estate assets to create long-term development and wealth creation for investors. With a track record of turning $20 million into $200 million in a year, FBG Capital's success in ICO investments, rapid token trading, and leveraging insider relationships solidifies its position as one of Asia's largest crypto-asset managers, shaping the future of digital currencies through a combination of venture capitalist-style investment, event-based trading, and strategic marketing exploitation.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $10 million - $50 million
Focus: Privacy & Security, Industry 4.0, eCommerce, Interactive Media, Wellness
Atlas Ventures funds early-stage startups centered on technological advancements targeting fast-growing, emerging markets. Amongst their most successful portfolio startups are Mighty Bear Games, HealthifyMe, and WorkMate - one of the fastest-growing companies in Singapore according to The Straits Times.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $500,000 - $10 million
Focus: Technology [Cities, Money, Bio, Health]
As one of the longest-running venture firms since 1999, iGlobe Partners have turned numerous startups into global leaders. They prioritize value creation - ensuring returns and tech advancement through receptiveness and empowerment towards groundbreaking ideas. In particular, they want to revolutionize the future of cities, money, biology, and health. They have a proven track record with over 1000 investments and 8 unicorns formed, two of which are Unity Technologies and Ginkgo BioWorks.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: Variable
Focus: Software & Internet,Marketing & Growth,AI & Machine Learning
Anthill Ventures is a dynamic speed-scaling ecosystem that invests in and grows early-stage companies in the fields of Media Tech, Urban Tech, and Health Tech, providing targeted and timely interventions to help entrepreneurs achieve faster growth rates. With a strong global presence and a focus on partnering with innovative corporations and governments in Asia, they have facilitated rapid growth for startups like Scandalous Foods while orchestrating impactful initiatives like Gruhas Aspite and Lumos Health, cementing its position as a key player in the venture capital and private equity landscape.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $1.5 million - $3.7 million
Focus: Sector Agnostic
As a gateway to Asia, Golden Equator Ventures aims to amplify the reach and impact of startups to make tech-based solutions accessible in the region. Aside from providing funding, they uphold a value of true partnership - intending to nurture leaders and visionaries to unleash their potential. Amongst their many portfolio startups, we can underline Glints, 17 Live, and Ohmyhome.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $5 million - $10 million
Focus: Technology
Since their founding in 2017, Insignia Ventures has achieved significant successful investments in emerging technology companies. They are dedicated to building lasting companies - providing funding from seed to growth stage, as well as a comprehensive package of in-house engineers, talent platform, content creation, and investors pipeline. Ajaib, Flip, GoTo, Janio, Payfazz, and Carro are just some amongst many of their portfolio companies.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: Variable
Focus: Software & Internet,Finance & Crypto
Patamar Capital, Southeast Asia's leading impact-driven venture capital firm launched in 2011, focuses on early-stage investments in technology firms that optimize both positive effect and financial rewards. Their investment strategies are centered on identifying and supporting startups with sector-defining platforms in a variety of industries, including financial inclusion, SME digitization, education, healthcare, agriculture, and affordable housing, all while demonstrating a commitment to measurable positive social impact and high financial returns.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $10 million - $50 million
Focus: Blockchain, Cryptocurrency
Working towards a more open, fair, and intelligent digital society, Signum Capital funds in blockchain-enabled products, mainly distributed ledger technologies and crypto assets. Some of their featured portfolio companies are Fantom, Moonbeam, Polkadot, and Transac.
Type: VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $500,000 - $20 million
Focus: Technology
Jungle Ventures is a leading venture capitalist firm with $1 billion assets under management, a portfolio valued at $12.5billion, and 11 successful exits. Committed to driving your startup from seed to exit, they invest in both early and late-stage consumer, SME, and enterprise tech ventures. With concentrated investments focused on long-term growth, they build companies that are made to last. Some of their impressive portfolios are Sociolla, Waresix, Livspace, and Moglix.
Type: VC
Stage: Seed, Series A, Series B, Series C
Investment Value: Variable
Focus: Software, eCommerce, Internet Information, Technology, Financial Services
Awarded by prominent publications such as TechInAsia, Crunchbase, and DailySocialID as one of the most active and top investor worldwide, East Ventures have a strong record of delivering success to ventures. As testified by the founders of their outstanding portfolio companies such as Mercari, Tokopedia, and Traveloka; East Ventures have provided them with the business know-how and connections to the right strategic partners and global investors to propel growth and expansion.
Type: VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $10 million - $50 million
Focus: Sector Agnostic
Operating for two decades in 13 central markets, Gobi Partners has funded over 300 startups with $1.5 billion assets under management and 9 unicorns formed. They strongly champion inclusivity, diversity, and gender equality, and they're committed to principles of human rights, labor, environment, and anti-corruption. This is apparent in their participation in United Nations Global Compact (UNGC) and their rigorous environmental, social, and governance criteria for startups. Carsome, Deliveree, Doogether, GoWork, and iPrice are amongst the portfolio companies worthy of being highlighted.
Type: VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $10 million - $100 million
Focus: Healthcare, Digital Economy & ICT, Future Engineering Technologies, Advanced Manufacturing & Trade Financial Services, Urban Solutions & Sustainability
As a subsidiary of Singapore Economic Development Board, EDBI is the ultimate partner for growth. They offer clear value-adding propositions to scaling companies; facilitating market and tech access, maintaining ecosystem visibility, sourcing talent, and securing financing opportunities. Their companies go through strict investment criteria, which has led to notable exits such as Coursera, Moderna, Docusign, and Moka.
Type: VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $10 million - $50 million
Focus: Mobile & Internet Technology, Consumer, Cybersecurity, Medical & Healthcare, Renewable energy
JAFCO Asia is a leading venture capitalist firm founded in 1990. With 25 years of investment background, they have mastered the formula to create value, develop businesses, and maximize return on investments. They invest in early and late-stage ventures in technology-related spaces. Amongst many of their portfolio companies, some prominent ones are SHEIN, GlobalTek, and ChinaCache.
Type: VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $10 million - $100 million
Focus: Media & Telecommunications, Food & Agriculture, Sustainability, Enterprise, Education, Finance, Transport & Travel, eCommerce, Logistics, Property, Space, Healthcare
With the catchphrase "realizing potentiality together", K3 Ventures is all about fostering mutual respect and building trust, as good technologies can only be born through empathy and authenticity. They invest in seed, early, and later-stage startups within technology sectors. You might recognize some of their well-known brands today such as Grab, ByteDance, Atome, and AirBnB.
Type: VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $1 million - $5 million
Focus: Blockchain, Cryptocurrency
For the visionaries, the pioneers, the forward-thinkers, Lunex is the crypto venture capital firm to lay the groundwork for your future explorations. Partnered with Play Ventures, another leading venture capitalist firm, Lunex provides funding and resources to encourage founders and accelerate industry-transforming innovations. Transak, Accredify, Blue Wallet, and Keyless are just some of their portfolio companies.
Type: VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $10 million - $50 million
Focus: Food, Agriculture
Signified in its name, VisVires New Protein aims to discover the next "healthier, safer, and more sustainable food system". They concentrate their efforts on impact investing in scientific and novel inventions that tackle major challenges in the food system, depleting global resources, and ensuring sustainability. One of their interesting portfolio companies is Ÿnsect which transforms insects into high-performance natural protein solutions for consumption.
Type: VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $20 million - $100 million
Focus: FinTech, Healthcare, Enterprise
From founding through to IPO, B Capital accelerates groundbreaking technology startups to disrupt traditional industries and expand to new markets. With funding strategies tailored to companies at their individual stages and consulting resources by Boston Consulting Group, B Capital helps startups navigate their journey to become established corporations. Some of their portfolio spotlights are Evidation, Icertis, Innovaccer, and Yalo.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $1 million - $10 million
Focus: Biotechnology, Health Care, eCommerce, FinTech, Financial Services
Vickers lists four strategies by which they select entrepreneurs – driven leaders with vision, macro trends, business models with a competitive edge, and late-stage investing in known entities they have previously cultivated. Their portfolio is large and varied, ranging from an AI visual training platform to a portable kidney dialysis device. They have a strong focus on environmental and social governance and over 35 startups funded to date.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: $100,000 - $3 million
Focus: Technology
Decacorns are the new breed of startups worth over US$10 billion in the private (unlisted) market. Naming themselves after the fact, Decacorn Capital is a venture fund on a quest to find and fund the next "rare gem". They carefully curate revolutionary startups with disruptive technologies in their early and late stages. They have had successful exits from listed companies like Spotify, Lyft, Postmates, and working with unicorn startups such as Kraken, Figure, Mapbox, and ThoughtSpot.
Type: VC
Stage: Seed, Series A
Investment Value: $300,000 - $3 million
Focus: FinTech, Deep Tech, Digital Health, Artificial Intelligence, Automation
Managed by ICM Limited, Allectus Capital is a venture fund dedicated to “disruptive businesses in the technology sector” in the Asia Pacific region and the UK. Investments to date include Vix Technology – a global automated fare collection company, and Switch Automation, a software company servicing the real estate sector.
Type: VC
Stage: Seed, Series A
Investment Value: Variable
Focus: Gaming
This early-stage VC fund focuses on gaming tech and services, including mobile, streaming, data acquisition, and game studios. Their investments have included Reworks (based in Helsinki) and Redhill Games. They intend to fund between six and eight companies annually, making this your number one choice if you’re in the gaming sector in the region.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: Variable
Focus: Internet, Software, eCommerce, SaaS, Information Technology
This VC firm was formerly known as Gree Ventures and is a sister company to the Japanese gaming firm GREE. Their investments aren’t game-related but rather focus on internet and mobile companies. Their recent stakes have included Saleswhale, an AI-driven sales assistant, and Pie, a work chat platform recently acquired by Google.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: Variable
Focus: Software, Information Technology, Internet, eCommerce, Artificial Intelligence
This US and China-Based VC firm recently opened a Singapore office to expand its presence in Southeast Asia. GGV focuses closely on frontier technologies in social media, eCommerce, cloud, and enterprise software. Investments have included Trustroot International, the parent company of FinTech, and eCommerce startup Udaan. GGV funds companies from seed through to Series B expansion.
Type: VC
Stage: Seed, Series A, Series B
Investment Value: Variable
Focus: Health,Software & Internet,Legal,Marketing & Growth
Hatcher+ is a major venture firm that uses innovative software and AI-based data models to enable rapid fund development, AI-powered transaction analysis, intelligent capital deployment, and real-time management and administration of alternative investments and strategies. With a focus on sustainability, their CarbonNation® initiative seeks to empower investors by identifying groundbreaking climate-tech technologies and launching new businesses in green agriculture, sustainable construction, and other impactful sectors, while also revolutionizing the venture capital industry through intelligent automation and data sharing.
Type: VC
Stage: Series A
Investment Value: $1 million - $3 million
Focus: Technology
Specifically investing in tech founders at series A, Monk's Hill Ventures is an entrepreneur-led venture capitalist with a mission to build the future and impact millions. It is not just the business for them, but also the motivations and ambitions of founders that become a determinant to a successful funding; amongst which are CoderSchool, ErudiFi, Glints, Ninja-van, and Pixel Labs.
Type: VC
Stage: Series A
Investment Value: $5 million - $10 million
Focus: Sector Agnostic
Reapra - a portmanteau of research and practice, is a venture fund devoted to nurturing founders that will in turn lead toward business sustainability. Deeply rooted in research methodologies as well as real-world practices, Reapra looks for key personality and capability traits in founders to evaluate long-term potential. They impart learned business building and management guidelines to promote growth at every stage and provide hands-on support by qualified strategies and experts in key business functions. Glints, Gogovan, Inc, and Openslate are amongst the startups they have cultivated thus far.
Type: VC
Stage: Series A, Series B
Investment Value: $1 million - $5 million
Focus: Consumer, Enterprise, FinTech, HealthTech, AgriTech
With the goal to create the next global giants from Asia, Vertex Ventures commit themselves to invest in impactful startups and support them with access to crucial capital, talent, partners, and customers. They have successfully helped founders from over 65 companies to grow quickly, with 5 unicorns under their belt. Some might recognize notable names such as Grab, Happyfresh, and Binance.
Type: VC
Stage: Series A, Series B
Investment Value: $10 million - $50 million
Focus: Data, Artificial Intelligence, Software
Qualgro, standing for Quality Growth, is a venture firm that strives to deliver success to entrepreneurs with technological impact to become regional and global businesses. In return for their distinctive knowledge, network, and experience, they look for startups with clear competitive advantage and long-term growth potential, as well as the ability to navigate the complex local contexts to win customers. To date, they have achieved a $7 billion portfolio valuation with 3 unicorns and 6 full exits - some highlighted companies are ShopBack, PatSnap, and Nura.
Type: VC
Stage: Series A, Series B
Investment Value: $3 million - $100 million
Focus: Technology, SaaS
Mars Growth Capital has a unique and straightforward approach to funding. They utilize trajectory-based funding through Liquidity Dynamics, a proprietary technology that uses machine learning algorithms and a data integration tool to harness historical data sets and predict future performance. Applying to their funds is simple - you just need to connect your accounting system and bank accounts, and their system will analyze and check your eligibility.
Type: VC
Stage: Series A, Series B
Investment Value: $10 million - $50 million
Focus: CustomerTech, EnterpriseTech
Sistema Asia Capital invests in the technological development of companies creating value in traditional and new-age businesses, particularly customers and enterprises. They have a consultancy program named Scaleator designed to scale up startups. Their portfolio consists of Airmeet, Exotel, HealthifyMe, and many more.
Type: VC
Stage: Series A, Series B, Series C
Investment Value: $1 million - $3 million
Focus: Technology [Consumer, Healthcare, Finance, Enterprise
Putting active intelligence at the forefront, Openspace VC bolsters frontier thinking to stay ahead of changes and position themselves for disruptive opportunities. They invest in companies with transformative impact and help them expand responsibly through technological infrastructure, data-based growth planning, talent matching, and capital funding. Belting giant and active companies such as GoTo, Pluang, Zenius, Chope, amongst many others - Openspace is undoubtedly the go-to venture capitalist firm.
Type: VC
Stage: Series A, Series B
Investment Value: $10 million - $50 million
Focus: Finance, Agriculture, Healthcare, Logistics, Retail & eCommerce, Real Estate
Bridging Israeli startups to the Asian market, BlueRed Partners wants to assist growth-stage technology firms in entering and expanding in the region. They typically do two investment rounds in a year, with some of their portfolio companies being InZiv, RenalSense, Optibus, and Cynet.
Type: VC
Stage: Series B, Series C
Investment Value: $5 million - $15 million
Focus: Mobility, Technology, Circular Economy, FoodTech, AgriTech
Hera Capital provides capital investments for companies with high growth potential and sustainable impact. Through their extensive commercial experience and established network, they perform a rigorous investment and scoring to create a value-building roadmap and propel growth. You may recognize some of their impressive portfolio of million and billion-dollar companies such as Gojek, Saladstop, and Alodokter.
Type: VC
Stage: Series B, Series C
Investment Value: $2 million - $7 million
Focus: Blockchain Entertainment, Infrastructure, Financial Services
True Global Ventures 4 Plus (TGV) is a venture firm that invests in Blockchain infrastructure, financial services, and entertainment. They seek companies utilizing Web 3.0 technologies to transform products and gain differential advantage. Some notable portfolio companies are Coinhouse, a recognized cryptobank, and Animoca Brands, who have brought famous real-world games such as Formula 1®, Garfield, Thomas & Friends™, and Doraemon into the virtual realm.
Type: Corporate VC
Stage: Seed
Investment Value: $10 million - $50 million
Focus: Media, Mobile, AdTech, Enterprise, MedTech
AccelerAsia aids the expansion of B2B technology ventures from Europe, USA, and Israel into the APAC region. They are a hands-on venture capitalist, that means instead of just advising and financing, they actually go out of their way to help startups conduct deals. Their current investments are Quincus, Ackcio, Blue Fire Ai, Archanan, ROI Hunter, Hoolah, and Winnow.
Type: Corporate VC
Stage: Seed
Investment Value: Variable
Focus: Artificial Intelligence, eCommerce & Marketplace, Entertainment, Finance Food, Insurance, Logistics, Media, Property, Sports, Islamic Digital Economy
Quest has a wide-ranging portfolio that encompasses AI, entertainment, FinTech, logistics, sports, media, and property. They joined 500 Southeast Asia in financing both Carousell and 99.co, and invested in ShopBack, a cashback, rewards, and discounts platform for consumers. Quest is happy to be the first investor onboard and their main criterion for choice is the drive and personality of the startup’s founders.
Type: Corporate VC
Stage: Seed
Investment Value: Variable
Focus: Transaction, Banking, Trade, Insurance & Risk Management, SME, Finance, Supply Chain, Physical Trade
GTR Ventures is a venture-building platform focused on trade and supply chain. They believe that the trade finance industry showcases itself to be stable, liquid, and low-risk, thus a promising alternative asset class. In partnership with Global Trade Review (GTR), the leading trade publication, portfolio companies are bound to enjoy significant access to networks, events, and more. Tradeteq, Fineon Exchange, and Lucidity are part of their community of portfolio companies.
Type: Corporate VC
Stage: Seed, Post-Seed, Series A, Series B, Series C
Investment Value: $1 million - $50 million
Focus: Commerce, Communications, Marketing, Financial Services, Mobility, Healthcare
As the venture capital arm of Rakuten Group, a leading internet services provider in Japan, Rakuten Capital invests in pioneering products and technologies in the Commerce, Communications, Marketing, Financial Services, Mobility, and Healthcare fields. Priding themselves on Rakuten ecosystem, they have a major network of companies in diverse fields and stages that compliments and strengthen each other. They have accumulated significant operational and strategic knowledge as well as consumer and industry data to support founders and entrepreneurs. Some noteworthy companies we know today are Careem, Carousell, GoTo, Lyft, Pinterest, and Upstart.
Type: Corporate VC
Stage: Seed, Series A
Investment Value: $100,000 - $22 million
Focus: Software, Mobile Network, Security, Cyber Security, Information Technology
Singtel Innov8 is a corporate venture capital fund by Singtel Group, a major Singaporean telecommunications conglomerate. They invest in seed to early growth companies that can expand the capabilities of the Singtel Group in the industry, including internet applications, new digital media, and next-generation devices. Singel innov8 leverages their ecosystem of innovators, developers, government, R&D, and capital providers, as well as their large mobile customer base and infrastructure to help companies move from product development to commercialization.
Type: Corporate VC
Stage: Seed, Series A, Series B
Investment Value: $10 million - $50 million
Focus: Enterprise, SaaS, Cybersecurity, FinTech, Digital Health
MassMutual Ventures is the venture capitalist firm affiliated with MassMutual, a Fortune500 financial services company. With their extensive experience and impressive value of $460 billion asset under management, they invest in multi-stage companies focused on enterprise products to solve consumer pain points. Two to six deals are included in the fund's portfolio every year. Highlighted portfolios are Qure, LinkSquares, CyberGRX, and BondEvalue.
Type: Corporate VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $10 million - $50 million
Focus: Sector Agnostic
Far East Ventures is the venture capital arm of Far East Organization, one of the largest private real estate developers in Singapore. They have major fund investments such as Monk's Hill Ventures and Vertex Ventures, as well as major venture investments such as Tessa Therapeutics and One Zero Digital Bank.
Type: Corporate VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $10 million - $50 million
Focus: Agriculture, Healthcare, Education, Clean & Renewable Energy, Water Sanitation & Waste Management, General Manufacturing, Access to Finance, Affordable Housing, Logistics, Distribution, Infrastructure
United Overseas Bank Limited (UOB), Asia's leading multinational banking and financial groups, established the UOB Venture Management in 1992. With years in the field, they have an unmatched understanding of the Asian market and best business practices, which will be passed on to investee companies to help them scale. Bitexco Power, Gojek, Halodoc, and Masan Consumer are some of their notable investments.
Type: Corporate VC
Stage: Seed, Series A, Series B, Series C
Investment Value: $10 million - $50 million
Focus: Finance, Education, HR & HRTech
Prytek Holdings is a venture firm that invests in technologies for managed services. With an end-to-end Business Operating Platform-as-a-Service (BOPaaS) model, their goal is to provide technological solutions and improve operational efficiency for organizations in diverse sectors. To this date, they have introduced more than 50 tech products into the market, some of which are Paygilant, Revuze, and Cronus Cyber Technologies.
Type: VC
Stage: Seed, Series A, Series B, Series C, Series D
Investment Value: Variable
Focus: Software & Internet,Logistics
BlueRed Partners, a Singapore-based venture capital firm, invests in innovative Israeli technology businesses with a focus on their "go-to-market" strategies in Asia, notably in industries such as cyber, fintech, digital health, mobility, AI, machine learning, RPA, and foodtech.
Angel Investors in Singapore
These individual investors will have very particular tastes in the projects they finance, should be relatively risk-averse, and will very much invest in entrepreneurs as people.
As there are literally thousands of such individuals, some offering as little as $1000, we have limited our list to the top individual angels plus a couple of networks that match angels to startups. Many angel investors keep a low profile for understandable reasons, so these networks provide the best opportunity to promote your startup to as many potential investors as possible.
Type: Angel Group
Stage: Pre-Seed, Seed, Series A
Investment Value: Variable
Focus: Technology
XA Network is an angel investment network seeking to empower and fund the next tech leaders building companies that solve Southeast Asian challenges through inclusive innovation. They are a tech community comprised of more than 140 members of senior leaders and entrepreneurs from 80 countries. Angels have funded some promising companies including Lummo, Spenmo, Tigerhall, Sampingan, Neuron Mobility, Infradigital, and more.
Type: Angel Group
Stage: Seed
Investment Value: $1 million - $3 million
Focus: Sector Agnostic
She1K is a unique angel group consisted of exclusively c-suite members where corporate executives meet and fund promising entrepreneurs. Aside from private pitches, they also organize an interesting program called C-Shark Tank, where startups have the opportunity to pitch to and deep-dive with C-suite executives. Some companies that have successfully secured funding are Eureka, Blaize, and Respiree, amongst many others.
Type: Angel Group
Stage: Seed
Investment Value: Variable
Focus: Technology
CrossFund is a venture platform where vetted founders can meet with accredited angels to build and raise funding for early-stage tech companies. Access to their network is by invitation-only, and they use artificial intelligence to determine venture suitability between angels and startups. Some of the ventures they have matched are Syarpa, Aplus Home, and Vulcan Augmentics.
Type: Angel Group
Stage: Seed
Investment Value: $1 million - $5 million
Focus: Intelligent Machines, Healthcare, Consumer, Enterprise, Funds
Investing in intelligence machines, healthcare, consumer and enterprises, Eudaimonia Capital is an angel group with 44 portfolio companies and 33% internal rate of return. Eudaimonia, derived from the ancient Greek word, means the highest human good; this is the principle that they apply to their impactful investments such as Releaf, Aquafresco, Modern Meadow, and CoinBase.
Type: Angel Group
Stage: Seed, Series A
Investment Value: $100,000 - $1 million
Focus: Sector Agnostic
Established in 2001, BANSEA is stated to be Asia's oldest angel investment network. They have created a strong angel community with over 100 members and have invested in over 400 companies. They organize ten to twelve events per year to match curated early-stage companies from any sector with angel investors. 99.co, Carousell, Carro, and Parcel Perform are some of the companies they have under their portfolio.
Type: Angel Group
Stage: Seed, Series A
Investment Value: $1 million - $2 million
Focus: Sector Agnostic
The husband-and-wife team Huang Shao-Ning and Lim der Shing
co-founded JobsCentral and now runs its offshoot AngelsCentral, a community of angel investors which assists Singaporean startups with finance, workshops, and deal assistance. A tireless partnership, this power couple have supported 28 startups including Motorist.sg, a complete car ownership and dealership portal.
Type: Angel
Stage: Pre-Seed, Seed
Investment Value: $1 million - $2 million
Focus: Sector Agnostic
With a background in mechanical engineering, telecoms, and technology, Koh is a Singaporean businessman who has been an executive, director, or board chairman at a host of major corporations including SIA Engineering, Tech Group Asia Limited, and DBS Bank. He now concentrates on investments in startups in the pre-seed and seed capital stages. Investments have included Solarhome solar power systems and Shohoz, a ridesharing and ticketing platform based in Bangladesh, and most recently MindFi, a workplace wellness platform.
Type: Angel
Stage: Seed, Series A, Series B
Investment Value: $200,000 - $3 million
Focus: Digital Platforms
As the VP and general manager of Zendesk, a cloud-based customer service portal, Royston Tay specializes in innovative digital platforms with unusual applications. Investments have included 99.co, a geospatial real estate search engine, and Koobits, an online platform for math education. Edutech, Fintech and IT are amongst his favored investment areas.
Closing Thoughts on VCs and Angel Investors in Singapore
If you have read through all the venture capitalists and angel investors listed in this article, congratulations! You are well on your way to starting out your funding journey. Now, you might be wondering if you should go with either one, and there are many factors to consider, but here's our general outline.
If you're just starting out and require mentorship and financial assistance, then angel investors are more likely to be interested in you. Whereas if you're already in your early or growth stage and are showing promising growth potential, a venture capitalist would be the perfect partner to help you scale. It is also important to note that since angels typically invest using their own personal funds, they usually have lesser investment funds than venture capitalists, even as a group.
Meanwhile, venture capitalists tend to invest more money into businesses starting from $1 million upwards. As such, if you require a large amount of capital, your best bet would be to go for venture capital. In both cases, you would be required to offer equity, but you would usually have more say towards angels than you do with big venture capitalists.
Whilst you're considering your options, just remember that what's important is finding a partner that shares the same vision and can point you in the right direction towards growth. Nevertheless, these investors put their money where they believe can succeed.
So if you have a strong outlook for the future and are determined to scale up your venture to the next level, it might be worth approaching some of these venture capitalists or angels. Who knows, your startup might be the next unicorn in Southeast Asia, or better yet, globally!
Find VCs and Angel Investors in Southeast Asia:
📥 Want to get your VC fund listed in our article?
➡️ Fill in this form or email us at hello@xyzlab.com
It's a very relevant topic, it's cool that you want to talk about the news, it's very important now, because every day more and more events happen that push us to think. I can also say that thanks to the high-quality news portal ittnews.kiev.ua, you can always keep up with the news, and I am very lucky to be able to use such a site. Just recently, I read an interesting article about Maxim Krippa's Maincast launching its two TV channels https://ittnews.kiev.ua/en/maincast-maksyma-krippy-zapuskaie-vlasni-telekanaly-3189/, which is really cool information in terms of the development of cyber sport in Ukraine, because this area needs to be developed and scaled up. And with Krippa behind the process, I wouldn't even be surprised if they…
Good post