Venture capital firms have entered Singapore in droves, which means startups can look forward to a wider variety of funding options (not clear on what venture capital is? Read this article first).
Here are the venture capital firms with a presence in Singapore that have been investing in startups in the past six months. It includes funds that are supported by the Singapore government through the NRF TIS and ESVF schemes. Startup accelerators and incubators are excluded from this list.
500 Startups calls itself a new kind of seed fund and startup accelerator. It believes successful internet startups are born from usable design, customer-focused metrics, and online distribution.
8capita Partners is an investment partnership focusing on mobile and internet companies.
ACP is a venture capital firm based in Singapore. It has a team with experience as investors, entrepreneurs, and operators.
BioVeda invests in healthcare companies with leading market positions, proprietary technologies, and outstanding scientific and management talent. It acts as a business and scientific bridge between companies in the East and West, linking business and technology between two very diverse markets.
Coent Venture Partners
COENT provides seed and venture-stage funding to entrepreneurs and companies in Asia.
Crystal Horse Investments
Crystal Horse Investments is founded in Singapore and is mainly involved in angel investments. It likes to support founders who are passionate about their business ideas, realistic, hardworking, looking for an edge, thinking out of the box, and are ethical in their dealings. It has a team of full-time dedicated professionals who gives advice and support, such as providing funding, expertise, and networking to founders.
DMP is a venture capital firm specialised in emerging digital markets, primarily in Southeast Asia. It invests in the development of the consumer internet and its supporting infrastructure. Since 2011, It has been helping to build digital companies that have unique defensibility against global competition and an ambition to grow from single-country presence to regional leadership.
East Ventures aims to bring success to ventures by providing early stage seed capital to promising startups. With a total of 6 offices in Jakarta, Tokyo, and San Fransisco, its global team has invested in over 150 companies across Asia and the US. Its portfolio of companies focuses on commerce, social, game, SaaS, and mobile services. East Ventures runs incubation offices in Jakarta and Tokyo.
EDBI is the corporate investment arm of the government’s Economic Development Board. It invests to shape the future industries of Singapore in the knowledge and innovation-intensive sectors of biomedical sciences, information and communication technology, and select industry clusters.
It has over 25 years of investment experience, and through its portfolio of globally competitive companies with high-growth potential, it aims to promote the development, expansion, and transformation of successful industries to enhance economic growth and create employment opportunities in Singapore.
Operating since 2003, Expara is founded by Douglas Abrams, a venture capitalist, entrepreneur, angel investor, and educator who has been working in Singapore since 2000.
Latest investments: STYLHUNT
Far East Ventures
Far East Ventures is the venture capital arm of property group Far East Organization.
Latest investments: Redmart
Global Brain is a Tokyo-headquartered venture capital firm which invests in startups in Asia, Israel, and the US. It claims to have a broad network of Japan’s major corporations.
Gree Ventures focuses on investing in early stage (pre-Series A and Series A) internet and mobile companies. We seek out companies with top notch management teams and strong market potential, which are not tied to strategic investments for Gree. We invest in Japan, Southeast Asia, and other geographies within Asia and seek companies which have the potential to scale across the region.
Latest investments: Ayannah
Gobi Partners is an early stage venture capital firm focusing on IT and digital media investments in China. They define digital media as a new form of communication emerging from the convergence in telecommunications, media and technology.
Golden Gate Ventures
Golden Gate Ventures focuses on companies building out consumer internet products and services for Southeast Asia. You’ll catch them frequently traveling between Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. It prefers companies with a launched product (stealth is fine) or that have establish valuable distribution partnerships in the region.
Hatcher is a venture capital firm focusing on B2B startups. It runs a proprietary platform for managing its entire investment process. Some of its features include finance and CRM support for investors, centralized knowledge banks, and access to its network of investors and mentors.
Latest investments: Dropmysite, OnRoom, Heardable
IMJ Investment Partners
IMJ Investment Partners, a Singapore-based VC, is focused on investing in startups Southeast Asia and Japan. It is the subsidiary of Japanese web and mobile marketing firm IMJ Corporation.
Incubate Fund is an early stage venture capital fund from Tokyo with a presence in Singapore. It also runs a startup accelerator in Japan called Incubate Camp.
Latest investments: GoGame
IncuVest consists of a group of entrepreneurs with experience starting, building, and operating valuable companies.
Innosight Ventures leverages more than 20 years of applied research by innovation thought leaders like Clayton Christensen and fieldwork by the Innosight Consulting Team. It has distilled that work into a set of proprietary tools that allow it to spot, shape, and scale successful startup companies. Its usual investment quantum is up to half a million Singapore dollars in each company. It is also open to co-investing with other venture capital firms, when more capital is required. It has led investment rounds where companies have raised in the range of S$1 to 2 million.
Latest investments: Capital Match
JAFCO Asia part of a global venture capital firm with three focus areas: Asia, Japan and the United States.
JAIC Asia Capital
JAIC Asia Capital was established in 1994 as Yamaichi Asia Venture Capital. It was acquired by JAIC group in March 1998 and changed its name to JAIC Asia Capital. It covers Asia, US, and Japan, and looks at both early and growth stage startups. It conducts buy-out, buy-in, turnaround, and restructuring activities.
Latest investments: Aoi.Co
Jungle Ventures is a Singapore-based, entrepreneur-backed venture firm that funds and helps startups scale across Asia Pacific. It invests in global startups that are solving problems relevant to Asia Pacific markets.
It has investments in US, Singapore, India, Australia, Thailand, Malaysia, and the Philippines. Current portfolio companies include micro-lending platform Milaap, mobile commerce app ShopSpot, and vacations rental site Travelmob which was acquired by Homeaway.
Kathrein Ventures was established in 2013 to provide seed funding for startups in Southeast Asia Asia and Latin America.
Latest investments: TableApp
KK Fund is a venture capital fund investing in seed stage internet and mobile startups across South East Asia, Hong Kong and Taiwan.
Latest investments: Bfab
Life.Sreda is an international venture capital firm focusing on investments in fintech, mobile, and internet projects. Life.Sreda’s strategy covers the US, Western and Eastern Europe, and Asia.
Majuven is an early and growth stage venture capital fund founded by experienced business leaders in Singapore in 2012. One of its founding partners is Lee Hsien Yang, the brother of Singapore’s Prime Minister Lee Hsien Loong.
Mercatus Capital provides startups services like venture and angel funding, securing grants, public and private Equity, mergers and acquisitions, corporate restructurings, financial advisory, initial public offerings, and strategic partnerships.
Monk’s Hill Ventures
Monk’s Hill Ventures is a partnership of seasoned entrepreneurs who have built and backed global companies based both in Silicon Valley and Asia. It is a venture capital firm investing in technology startups that will take advantage of Southeast Asian markets.
NSI Ventures makes investments in early-stage technology companies based in Southeast Asia. It typically invests at the series A or B stage, where revenue traction is building and capital is required to drive rapid growth.
OPT SEA is a subsidiary of Japanese e-marketing company Opt. It invests in Southeast Asian internet business.
OWW Capital Partners
OWW invests in service providers in infocomm technology, technology, media, and telecommunications (TMT), logistics, education, healthcare, financial services, and consumer services sectors.
Latest investments: Numoni
Pix Vine Capital
Pix Vine Capital is a Singapore-based investment house providing early-stage venture capital to startups in info-tech, med-tech and fintech.
Latest investments: ElastiMed
Qualgro Asean Fund
Qualgro Asean Fund is a venture capital fund investing in Southeast Asia and Asia Pacific. The fund invests in technology and digital businesses (marketplaces, web services, p2p platforms, C2C platforms), in SaaS-based business models, as well as in education and healthcare.
Quest Ventures is a China- and Singapore-based venture fund for technology companies that have scalability and replicability in large internet communities.
Rakuten Ventures is an early stage corporate venture capital fund focused on empowering the startup ecosystem to positively affect Internet services globally. The fund was originally launched in 2013 and counts Carousell, Visenze, Coda Payments, and Send Anywhere among its investment portfolio.
In June 2014, Rakuten Ventures launched a US$100 million global fund to target startups and companies in Israel, Asia Pacific, and the US, with a focus on companies that can enable better user experience. It is a subsidiarly of Rakuten, a major Japanese ecommerce firm.
Latest investments: Send Anywhere
Rebright Partners is a venture capital firm based in Singapore and Tokyo focusing on seed to early stage internet and mobile startups in Southeast Asia, especially six countries: Indonesia, Malaysia, Philippines, Vietnam, Thailand, and Singapore.
SEGNEL provides seed and venture-stage funding to entrepreneurs in South Asia and Southeast Asia.
Singtel Innov8, the venture capital arm of regional telco group Singtel, invests in and partners with tech startups worldwide. It has a fund size of US$250 million. Beyond funding, Singtel Innov8 lets startups tap on the resources and expertise of the Singtel Group, while enabling the Group to gain access to emerging technologies.
Singtel Innov8 focuses its investments on technologies and solutions that can lead to quantum changes in network capabilities, next generation devices, digital services and enablers to enhance customer experience. Headquartered in Singapore, Singtel Innov8 also has offices in San Francisco and Tel Aviv.
Sirius Venture Capital
Sirius a boutique venture capital and entrepreneurial finance firm, focused on small and medium-sized companies in Singapore and overseas. It was founded in September 2002.
Latest investments: Lalamove
Sequoia is one of the top venture capital firms in the world. However, its Singapore rep, Yinglan Tan, is part of the Indian office. In Asia, Sequoia primarily invests in China and India startups at the growth stage and above.
SPH Media Fund
SPH Media Fund is the investment arm of Singapore leading media group Singapore Press Holdings.
Tembusu Partners is a private equity investment firm which invests in growth-stage companies.
TNF Ventures is an early stage investor and incubator. It is formed by a few friends who are passionate to groom the next generation of technopreneurs.
Tri5 Ventures runs a seed fund which backs Singapore-based startups. It invests US$71,000 to US$286,000 per round.
UOB Venture Management
UOB Venture Management Private Limited (UOBVM) is a wholly owned subsidiary of United Overseas Bank (UOB) Limited, an international banking and financial group.
Vertex Ventures is a wholly-owned subsidiary of Temasek Holdings, investing in emerging companies and venture capital funds throughout Greater Asia and the US.
Walden International is an international venture capital firm with over US$2.3 billion in committed capital. Investments include GoPro, Creative Technology, MindTree, SINA, Semiconductor Manufacturing International Corp, AutoNavi, Inphi, Ambarella, Ndoors, Com2uS, SundayToz, Jobstreet, Brandtology, HungryGoWhere, and YFind Technologies.
In Southeast Asia, Walden International is an active venture investor with over 25 years of experience in helping to grow companies. It looks for investment opportunities in early stage technology firms in sectors such as internet and digital media, mobile, software, semiconductor, communications, and cleantech.
Wavemaker Partners invests in a broad range of technology-driven companies in the US and Southeast Asia. It is part of a worldwide venture capital association called DFJ Global Network.