ComfortDelGro Ventures

ComfortDelGro Ventures is a US$100 million corporate venture capital fund launched in 2018 by ComfortDelGro Corporation, one of the world's largest land transport companies and a Singapore Exchange–listed business operating buses, taxis, and rail across Singapore, Australia, the United Kingdom, and China. The fund invests in next-generation mobility and transport-related technology startups in Southeast Asia and the broader Asia-Pacific region, with a strategic focus on companies whose technologies complement ComfortDelGro's core transport operations. The fund targets companies typically two to three years into development, investing at seed through Series B stages with checks ranging from $3 million to $30 million. Across approximately 10 investments, notable portfolio companies include Drive lah, the peer-to-peer car sharing platform, and NEU Battery Materials, which develops battery recycling technology. Key investment verticals include vehicle electrification, autonomous vehicles, smart logistics, AI, cybersecurity, and robotics. ComfortDelGro Ventures operates as a strategic investor — seeking both financial returns and operational synergies with the parent company's global mobility network of more than 34,000 vehicles. This means portfolio companies gain not just capital but real-world deployment opportunities across ComfortDelGro's existing fleet and operations in multiple countries, a validation pathway that few pure-play mobility VCs can offer.