Southeast Asia VC Funds

CMS Holdings, headquartered in New York City, is a premier venture capital firm specializing in the dynamic crypto-asset ecosystem. Founded in 2019, CMS Holdings invests in both liquid and illiquid crypto tokens and holds equity in innovative blockchain companies. Notable investments include Solana and Avalanche, reflecting their focus on high-potential blockchain technologies. Co-founder Dan Matuszewski, a former executive at Circle, brings extensive expertise in digital asset trading. CMS Holdings typically leads funding rounds with check sizes ranging from $500k to $10 million. Their strategy emphasizes careful market entry and a long-term view to maximize gains. The firm is particularly active in the U.S. market but maintains a global investment scope. They focus on cryptocurrencies, decentralized finance (DeFi), and blockchain infrastructure. Startups seeking investment are encouraged to approach CMS Holdings with clear and concise pitches that align with their core areas of expertise. The firm values strong, innovative business models that demonstrate potential for significant impact within the crypto ecosystem. With a team well-versed in the intricacies of digital assets, CMS Holdings continues to be a formidable player, adeptly navigating the evolving landscape of cryptocurrency investments.

Cocoon Capital, founded in 2016 by William Klippgen and Michael Blakey, is a venture capital firm based in Singapore. The firm focuses on seed and early-stage investments in enterprise and deep-tech startups across Southeast Asia. Cocoon Capital has a strong track record of helping startups achieve significant growth, maintaining close relationships with Series A and B funds in the region to facilitate future funding rounds​. Their portfolio includes innovative companies such as See-Mode Technologies, BuyMed, SensorFlow, and Lendela. These startups span various industries including medtech, logistics, financial software, and sustainability. Cocoon Capital's approach involves providing substantial support to founders, acting as trusted advisors and helping them navigate early-stage challenges to achieve product-market fit and scale their businesses. Cocoon Capital has made 55 investments and has had successful exits with companies like JazzyPay and FoodRazor. They focus on investing in a limited number of startups each year, allowing them to dedicate ample time and resources to each portfolio company. This hands-on model has led to a high success rate, with over 70% of their portfolio companies progressing to Series A funding.

CoCoon Ignite Ventures is a Hong Kong-based venture capital firm founded in 2016 that backs early-stage entrepreneurs building businesses around the New Economy — specifically, the transition from asset-heavy, centralized models toward decentralized networks and non-asset-based business architectures. The firm is listed on StartmeupHK, the Hong Kong government's startup resource platform, and participates actively in the city's broader technology ecosystem. It invests primarily at seed and Series A stages in Southeast Asia and the wider Asia-Pacific region. CoCoon has made 22 investments with checks typically ranging from $100,000 to $1 million per company. The portfolio concentrates on software and applications, health technology, communications, and fintech. Notable portfolio companies include TelloTalk in communication software, Arine in healthcare enterprise systems, and SoWork in productivity software. The firm's team of 17 includes seven partners, providing founders with access to broad sector expertise and regional networks. CoCoon's concept of connected capital reflects a belief that the most valuable investor contributions extend beyond the check itself. By building a large, engaged team relative to the portfolio size, the firm positions itself to provide substantive hands-on support — helping founders navigate both product development challenges and the complexity of operating in Asian markets at the critical early stages of company formation.

Coffee Ventures is a Singapore-based early-stage venture capital firm founded in 2016 by Eddy Lee and Kevin Darmawan. Lee previously co-founded Top Idea, acquired by Yellow Pages, and has served as head of the Israeli High Tech Industry Association and President of the Israeli Venture Capital Association — a background that brings an international technology network to the firm's Southeast Asian focus. Coffee Ventures invests in technological startups across health and wellness, education, finance, enterprise software, artificial intelligence, and marketplaces throughout the region. The firm has built a portfolio of 22 companies, with checks typically between $100,000 and $1 million at pre-seed through Series A stages. Notable investments include Carro, the used car marketplace that achieved unicorn status, and Sensely, an AI health assistant platform. Recent additions to the portfolio include Kulina. The 22-company portfolio reflects a deliberately broad sector lens, prioritizing founding team quality and product discipline over vertical concentration. Coffee Ventures focuses on putting foundations first — specifically fostering rigor in product management and a culture of entrepreneurship within portfolio companies. Lee and Darmawan work closely with founders to instill frameworks for sustainable growth, drawing on their combined experience as operators and investors across Southeast Asia and international markets. The firm's network across the Israeli and Southeast Asian venture communities gives portfolio companies an unusual degree of cross-border access.

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.

Common Ocean is a New York-based venture capital firm that focuses on early-stage investments, particularly in companies developing innovative software and financial technology solutions. Established in 2020, the firm typically invests in seed and pre-seed stages, with check sizes ranging from $500,000 to $2 million. Common Ocean targets scalable, technology-driven companies in sectors such as business productivity, financial software, and SaaS. The firm's founders, Igor Ulis, Alexandra Mihaescu, and Vasilios Yialamas, bring extensive experience in venture capital and business operations, positioning Common Ocean as a hands-on partner that actively supports portfolio companies in scaling. Their portfolio includes companies like Observe.AI and Docsumo, reflecting a strong focus on AI and software-based solutions. Common Ocean is known for its collaborative investment approach, often co-investing alongside prominent VCs like Menlo Ventures and Scale Venture Partners. The firm is particularly focused on the U.S. market, though it remains open to opportunities outside the country. Startups looking to engage with Common Ocean are encouraged to have strong technical solutions and clear paths to growth.

Convergence Ventures was an early-stage technology venture fund founded in November 2014 by Adrian Li, Blair Duncan, and Donald Wihardja, and headquartered in Jakarta, Indonesia. The fund raised $30 million in committed capital, making it one of the largest Indonesia-focused early-stage venture funds at the time of its launch. It invested in Indonesia's digital disruptors across fintech, e-commerce, B2B software, digital media, and consumer services. In 2020, Convergence merged with Agaeti Venture Capital to form AC Ventures, a larger combined entity continuing the Indonesia-focused investment mandate. Pre-merger, Convergence led rounds and wrote checks of $500,000 to $5 million at seed and Series A stages, building a portfolio of 65 companies. Notable investments include Qraved, a restaurant reservation platform with 25,000 venues co-founded by partner Adrian Li; E27, the technology media publication; Ayoconnect; Julo in consumer finance; and KoinWorks in financial services. Nine portfolio startups raised follow-on investments and four reached Series B. Li and Wihardja brought hands-on internet and mobile operating experience from emerging markets to every portfolio relationship. The firm's conviction that Indonesia's large population, rapidly growing internet penetration, and underserved financial infrastructure made it one of the most compelling early-stage markets in Southeast Asia proved prescient — the country's digital economy expanded dramatically during Convergence's active investment years, validating the fund's early positioning.

CP Ventures is a Sydney-based venture capital fund founded in 2018 that backs the world's best companies in their niche — highly scalable, breakthrough technology startups operating at the frontier of their categories. The fund manages approximately $14 million in assets and is led by a team of 10, including three partners, who have collectively made more than 100 personal angel and fund investments globally. The firm invests primarily at pre-seed and seed stages with checks ranging from $100,000 to $500,000, with a portfolio of 38 companies concentrated in Australian startups but extending globally. CP Ventures deploys capital across AI, healthtech, fintech, biotechnology, SaaS, and B2B services, with geographic reach spanning Australia, the United States, New Zealand, India, Singapore, Hong Kong, Colombia, and Brazil. The fund does not lead rounds but participates as a high-conviction early supporter, positioning alongside founders who are building businesses with the potential to dominate their specific niche rather than competing across broad horizontal markets. The firm's stated mission is to be the fund of choice for world-changing startups and the investors who want to empower them, combining skilled people, a collaborative culture, and what it describes as pioneering processes and technology. This early-stage, globally distributed approach reflects a conviction that breakthrough technology companies emerge across multiple geographies and that access to early Australian and Asia-Pacific founders — before they have significant US investor coverage — creates a structural sourcing advantage.

Crypto.com Capital is the venture capital arm of the global cryptocurrency platform Crypto.com, headquartered in Hong Kong. Focused on advancing the blockchain ecosystem, Crypto.com Capital has a robust portfolio that includes investments in prominent startups such as ChainPort, Burnt Finance, and Lumoz. The firm targets early-stage investments, particularly in seed and Series A rounds, across the fintech, blockchain, and Web3 sectors. They are known for their strategic focus on fostering innovation in the decentralized finance (DeFi), NFT, and metaverse spaces. Geographically, Crypto.com Capital invests globally, with a significant presence in the USA, Canada, and Asia. Crypto.com Capital’s investment strategy is centered around identifying and nurturing high-potential startups. They typically invest between $500,000 and $2 million, offering not just capital but also access to their extensive network and resources. This includes guidance on regulation, marketing, and public relations to help startups scale efficiently. The team, led by seasoned professionals with deep expertise in the crypto space, plays an active role in mentoring and supporting portfolio companies. Startups looking to approach Crypto.com Capital should be prepared to demonstrate strong technical innovation and a clear vision for addressing market needs within the blockchain ecosystem. Overall, Crypto.com Capital is committed to driving the next wave of blockchain innovation by backing visionary entrepreneurs and providing them with the tools needed to succeed in a rapidly evolving industry​

Cure Kids Ventures (CKV) is a seed and early-stage venture capital fund based in Auckland, New Zealand, established in 2008 as part of Cure Kids, a leading child health research charity. CKV invests in the commercialization of innovations that have the potential to improve child health globally. The fund focuses on healthcare-related sectors, including medical devices, biotechnology, diagnostics, medications, and health information systems. Its mission aligns closely with Cure Kids’ vision of a healthier future for children, supporting solutions that can make a significant impact on pediatric care​. CKV typically invests in pre-seed, seed, and Series A rounds, with initial investments ranging from under $500,000 to $3 million. The fund is highly selective, emphasizing strong commercialization potential. CKV has built an impressive portfolio, backing companies like the a2 Milk Company, Pictor, and The Clinician, which are making waves in health tech and biotech industries. Their investments are strategically aimed at driving innovations that address critical health challenges faced by children. The team at CKV brings global experience in biotechnology and healthcare, providing not only financial backing but also valuable insights into early-stage development and commercialization. CKV has played a crucial role in fostering the growth of New Zealand’s healthcare innovation ecosystem, and its impact extends beyond capital, as it works closely with startups to help them achieve market success.

D1 Ventures is a venture capital firm founded in 2019 and based in Beijing, China. The firm focuses on investing in cutting-edge sectors such as decentralized finance (DeFi), Polkadot infrastructure, gaming and the metaverse, general-purpose layer 1 and layer 2 technologies, Web3 social platforms, NFTs, Cosmos, the decentralized web, privacy technologies, Moonbeam, and DAO & DAO tooling sectors. D1 Ventures operates with a strong emphasis on Web3 technologies and blockchain innovations, reflecting their commitment to the future of decentralized technologies. The firm invests in early-stage ventures, including seed and Series A rounds, helping startups grow from their initial phases to more mature stages. The leadership includes Tamara Frankel, a founding partner, who has a strong background in ecosystem development within the crypto space. Under her guidance, D1 Ventures has built a reputation for backing innovative startups that are poised to drive significant technological advancements in the decentralized tech space. D1 Ventures has been involved in a range of notable investments, supporting companies that are developing foundational technologies for the next generation of the internet and decentralized applications. The firm is known for its strategic approach to investment, aiming to foster growth and innovation within its portfolio companies.

Da Vinci Capital is a private equity firm founded in 2007, specializing in mid-market, high-growth investments. Based in London, it focuses on emerging markets, particularly in Central and Eastern Europe (CEE) and the Commonwealth of Independent States (CIS). The firm primarily targets sectors like financial infrastructure, IT services, and consumer solutions, investing in companies poised to become market leaders through innovative technology and scalable business models. Da Vinci typically invests $10-20 million in equity per deal, sometimes acquiring larger stakes through co-investment partnerships. The firm is known for its hands-on approach, providing strategic guidance, corporate governance support, and access to capital markets. Their goal is to grow portfolio companies into global players, with successful exits through strategic sales or IPOs. The firm’s portfolio includes notable investments like EPAM Systems, which successfully exited via an IPO, and DataArt, a global software engineering firm. Da Vinci also emphasizes environmental, social, and governance (ESG) factors in its investment decisions, avoiding sectors like oil and gas, and ensuring ethical labor practices across its portfolio. Led by founder Oleg Jelezko, Da Vinci’s team combines expertise in finance, technology, and entrepreneurship, with a focus on expanding companies' international reach.

Dale Ventures is a Dubai-based investment holding group and venture capital firm founded in 2017, with offices in Costa Rica, Panama, Hong Kong, the United Kingdom, Dubai, and Singapore. Led by CEO Hilt Tatum IV, the firm was established and is operated by entrepreneurs who partner directly with management teams at industry-leading companies to accelerate growth. Dale Ventures prioritizes ventures led by high-potential entrepreneurs whose teams possess deep domain expertise, technical knowledge, and relevant industry experience across their target sectors. The firm invests at Seed through Series B stages, deploying checks of $1 million to $10 million across financial and business services, technology and media, real estate, consumer, and retail. Its portfolio of 11 companies spans financial services, commercial services, media, and IT — reflecting the firm's broad investment mandate across both developed and emerging market geographies. The global office footprint across the Middle East, Asia, Europe, and the Americas enables Dale Ventures to source deals across multiple high-growth regions and provide portfolio companies with genuine cross-border commercial support. Dale Ventures operates at the intersection of traditional investment holding and active venture partnership, blending corporate investment discipline with founder-oriented engagement. The firm's presence in Dubai positions it at the center of the Gulf region's growing technology and entrepreneurship ecosystem, while its network across Singapore, Hong Kong, and London extends its reach into Asia-Pacific and European markets.

DeClout Ventures is the corporate venture capital unit of DeClout Pte Ltd, incorporated in Singapore in December 2016. DeClout is a wholly owned subsidiary of Exeo Global — the Asia Pacific regional headquarters of Tokyo Stock Exchange-listed Kyowa Exeo Corporation — giving DeClout Ventures the backing of a major Japanese industrial group with deep infrastructure and ICT capabilities. The firm was awarded a S$10 million venture capital fund on a matching basis to invest in Singapore-based technology startups, with a focus on fintech, smart logistics, IoT, cybersecurity, and data analytics. DeClout Ventures leads rounds and deploys checks of $500,000 to $4.5 million from seed through Series A stages. The firm made its maiden investment of S$500,000 in Vi Dimensions, a Singapore-based video analytics company. Subsequent investments include leading a $4.5 million round in Charged Indonesia in e-mobility technology and co-leading a $7.1 million Series A for HeveaConnect, a digital natural rubber trading platform, alongside Provident Capital Partners. With 4 investments across transportation, data analytics, marketplace, and cybersecurity, the fund has maintained a concentrated and strategic deployment pace. Beyond direct investments, the broader DeClout group operates portfolio companies including GUUD in trade technology, Aeqon in ICT solutions, Ascent Solutions in IoT, and dhost in neutral hosting — creating a group-level ecosystem of complementary technology businesses. CEO Lim Swee Yong leads the fund's operations and investment strategy across Southeast Asia.

Delivery Hero Ventures (formerly DX Ventures) is the corporate venture capital arm of Delivery Hero SE, a publicly traded global food delivery platform headquartered in Berlin, Germany. Launched in January 2021 with initial capital of €50 million, the fund is fully backed by Delivery Hero SE and led by Managing Director Duncan McIntyre, who joined the parent company in 2014 and completed over 30 M&A transactions before leading the venture arm. The fund leads rounds and invests globally across food technology, on-demand services, AI, fintech, logistics, and sustainable innovation, writing checks averaging $5 million at Seed through Series B stages. The portfolio of 33 companies includes five unicorns, two IPOs, and three acquisitions. Notable holdings include Glovo (food delivery, acquired by Delivery Hero), Rappi (Latin American super app), Impossible Foods (plant-based meat), Ola (Indian ride-hailing), Toku (compensation management), and OneOrder (restaurant management). The fund's investment thesis centers on leveraging Delivery Hero's technical expertise and global network — spanning Europe, Southeast Asia, MENA, and Latin America — to help founders scale. Partner Brendon Blacker works alongside McIntyre to evaluate opportunities and support portfolio growth, with the team taking an engaged post-investment role in business development and market expansion.

Digital News Ventures was an early-stage investment fund operated by MDIF (Media Development Investment Fund), a New York-based not-for-profit corporation founded in 1995 by Saša Vučinić and the late Washington Post editor Stuart Auerbach. Active from 2012 to 2015, the fund deployed $3.8 million in early-stage digital news and information businesses, with checks ranging from $30,000 to $300,000 at pre-seed and seed stages. MDIF overall managed $119.1 million in assets across 62 media businesses in 35 countries before winding down in June 2025. With 9 investments recorded, the portfolio includes Mic (US digital news platform with 20 million monthly users), Malaysiakini (leading Malaysian political news site), Katadata (Indonesian business news), Colab.re (Brazilian civic engagement platform), Gram Vaani (Indian voice-based social media), Rock Content (Brazilian content marketing), and Dataphyte (Nigerian data analytics). The fund was subsequently succeeded by MDIF Ventures, which continued the mission with approximately $2 million deployed across nine early-stage companies in seven countries. The fund's founding thesis was that independent journalism requires dedicated capital in markets where free press is under threat. CEO Harlan Mandel (since 2011) and Managing Director of Media Programs Bilal Randeree directed investments toward entrepreneurs building platforms, tools, and services that make digital-age news businesses commercially viable, with a geographic emphasis on Southeast Asia, Latin America, Africa, and India. The fund is now permanently closed.

Digital Ventures is the corporate venture capital arm of Siam Commercial Bank (SCB), one of Thailand's largest commercial banks, founded in February 2016 and headquartered in Bangkok. Established to uncover innovations and drive digital transformation in financial services, the fund launched with 1.75 billion THB (approximately $50 million) and expanded to $100 million in May 2018, making it the largest venture capital fund in Thailand at the time. CEO and Chairman Orapong Thien-Ngern is the former Microsoft Thailand country CEO; Polapat Arkkrapridi serves as Managing Director of Corporate Venture Capital. The fund leads rounds and invests $1 million to $5 million per deal across Seed to Series B stages in fintech, blockchain, AI, cybersecurity, data analytics, payments, and insurance technology. Direct portfolio companies include Ripple (blockchain payments), SYNQA/Omise (payments), Seekster (IPO), BlockFi, Alpha Finance Labs, The Sandbox, Nansen, and Sygnum. Digital Ventures has engaged with over 800 startups and 60-plus VC funds across approximately 30 countries, and complemented direct investments with fund-of-fund positions through Dymon Asia, Golden Gate Ventures, and Nyca Partners. Digital Ventures operates as a strategic partner to portfolio companies, providing access to SCB's banking infrastructure, regulatory relationships, and retail distribution across Southeast Asia. The fund's breadth of direct investments and LP positions in specialist funds gives it comprehensive market intelligence across the region's rapidly evolving fintech and Web3 landscape.

Direct Capital is one of New Zealand’s leading private equity firms, established in 1994. The firm focuses on mid-market private companies across New Zealand and Australia, providing capital for expansion, succession planning, and pre-IPO opportunities. With over $1.7 billion raised across six funds, Direct Capital typically invests between $20 million and $80 million in each company, offering both minority and majority equity stakes. The firm prides itself on a partnership approach, working closely with business owners to achieve long-term growth. Unlike some private equity models that rely heavily on debt, Direct Capital’s strategy is centered around creating permanent value through growth, whether they hold a 20% or an 80% stake in a company. Notable investments include companies such as Bayleys Real Estate, Wet & Forget, and Hiway Group, which reflect Direct Capital’s focus on diverse sectors ranging from real estate and consumer products to infrastructure. The firm also emphasizes responsible investing, being the first New Zealand private equity manager to sign the United Nations Principles for Responsible Investment (UN PRI).

Dragonfly Capital, founded in 2018, is a global venture capital firm with a strong focus on cryptocurrency and blockchain technology. With headquarters in San Francisco, Dragonfly has rapidly become a key player in the crypto space, supporting startups and projects that push the boundaries of decentralized finance (DeFi), blockchain infrastructure, and emerging consumer crypto products like NFTs and decentralized autonomous organizations (DAOs). The firm recently closed its third venture fund at $650 million, surpassing its initial target of $500 million. This new fund enables Dragonfly to invest across all stages of development, from seed funding to later-stage growth, helping build "generational companies" in crypto. Notable portfolio investments include projects like Aptos, Bybit, and Celo, which span sectors from layer-one blockchain protocols to NFT platforms. Led by managing partner Haseeb Qureshi, Dragonfly works closely with founders across the globe, combining deep technical expertise and market knowledge to help teams scale. Their global reach and focus on collaboration with the best crypto-native founders have positioned them as a leading venture fund in the rapidly evolving blockchain ecosystem​.

Dymon Asia Ventures was established in 2015 as the venture capital arm of Dymon Asia Capital, a Singapore-based alternative investment firm. In 2020, the venture arm was spun off as an independent entity and rebranded as Integra Partners, led by co-founders and managing partners Jinesh Patel and Chris Kaptein. The firm closed its second fund (Fund II) at US$90 million in 2023, bringing total AUM to over US$140 million, with LPs including DEG, US DFC, Norfund, and Tikehau Capital. Fund I delivered top-quartile returns per Cambridge Associates benchmarks and top 5% in DPI. Integra leads rounds and invests from pre-Series A to Series B with checks of US$1 million to US$5 million. The portfolio spans 38 companies with 2 IPOs and 4 acquisitions across five ESG-aligned themes: SME enablement, financial inclusion, healthcare, agri-food, and climate and environment. Portfolio companies include Brankas (open finance), Spark Systems (institutional FX), wagely (earned wage access), GIMO (earned wage access, Vietnam), graas (e-commerce aggregator), Envelop Risk (cybersecurity reinsurer), and ReaQta (cybersecurity, acquired by IBM in 2021). Jinesh Patel brings 25-plus years of Asia-Pacific investment experience across public and private markets. The team of 17-plus professionals maintains regional presence in Singapore, Philippines, India, and Pakistan. Fund III is expected with a US$150 million to $200 million target, underscoring the firm's commitment to South and Southeast Asia as a core long-term geography.

East Ventures is one of Southeast Asia's most active venture capital firms, known for backing some of the region's most successful startups. With investments in Tokopedia, Traveloka, Xendit, and Carro, it has a strong track record of nurturing unicorns. The firm primarily focuses on sectors like fintech, healthcare, SaaS, and logistics, with an emphasis on Indonesia, where it helps drive digital and economic growth. Recent investments include AWST (Web3), McEasy (telematics), and Rekosistem (waste management), reflecting its broad sectoral interest. East Ventures typically invests at the seed stage but also participates in growth rounds through its EV Growth Fund. It operates across multiple locations, including Jakarta, Singapore, and Japan, and is deeply committed to sustainability, with goals like achieving net-zero emissions by 2050. The firm supports ESG initiatives across its portfolio and actively engages in environmental projects such as mangrove reforestation. Co-founded by Willson Cuaca, Roderick Purwana, and Melisa Irene, East Ventures is recognized globally, having been ranked among the most active VCs by Pitchbook and CB Insights. The firm maintains a founder-centric philosophy, investing in people and markets over products, which has been key to its long-term success.

EDB New Ventures is the corporate venture-building arm of the Singapore Economic Development Board (EDB), launched in 2019. The firm supports the creation and scaling of high-potential new ventures from Singapore into globally leading businesses, operating the Corporate Venture Launchpad (CVL) programme — now in its third edition (CVL 3.0) — in partnership with established companies and serial entrepreneurs. EDB committed an additional S$24.5 million to facilitate corporate-startup partnerships, and the initiative is backed by the Singapore government. With 6 seed-stage investments to date, EDB New Ventures leads rounds with typical checks of $500,000 to $3 million across software, AI, data analytics, SaaS, agritech, and food technology. Portfolio companies include AquaEasy (AI-powered aquaculture, a Bosch spinoff combining sensors, software, and AI), NextGen (alternative protein food products), Stemly (financial software), and Performance Rotors (exited May 2023). The firm is led by Jacqueline Poh as EDB Managing Director. EDB New Ventures provides more than capital: portfolio companies receive strategic advice, access to EDB's global corporate network, talent connections, and risk-sharing support from one of Singapore's most influential government economic agencies. The firm operates alongside EDBI — EDB's larger investment arm managing billions in technology investments — and focuses primarily on Singapore and Southeast Asia, targeting ventures that can use Singapore as a launch pad for regional and global scale.

EduLab Capital Partners is a seed-stage venture capital firm focused exclusively on education and workforce technologies. Based in Boston and Tokyo, EduLab Capital invests in companies that aim to transform the traditional education landscape by leveraging technology to create scalable business models that deliver significant societal impact. The firm’s portfolio includes innovative companies like Plum.io, Mentor Collective, and Schola, which are developing solutions to enhance learning and workforce outcomes globally. EduLab Capital prides itself on being more than just a capital provider; the firm is deeply involved in the growth of its portfolio companies. It offers hands-on support in areas such as fundraising, strategy, and governance, while also leveraging its extensive global network to open new markets and opportunities for its investments. The firm’s approach is rooted in the belief that patience and perseverance are key to overcoming the unique challenges faced by startups in the education sector. Led by a team of experienced investors and operators, including Managing Partners Liam Pisano and Norihisa Wada, EduLab Capital is committed to creating long-term value for both entrepreneurs and society by fostering innovations that improve learning and workforce development across North America and Asia.

Elev8.vc is a Singapore-based venture capital firm that focuses on early-stage investments in deep tech startups. The firm is dedicated to supporting founders who are developing groundbreaking technologies across sectors such as complex computing, novel materials, smart mobility, and medtech. Elev8.vc’s investment philosophy is centered on backing companies that not only promise significant commercial success but also drive transformative changes in their respective industries. Elev8.vc's portfolio reflects its commitment to innovation, featuring companies like PreAct Technologies, which is developing advanced automotive safety systems, and Polybee, which uses drones and AI to automate pollination for increased agricultural efficiency. Other notable investments include Entropica Labs, a quantum computing startup, and UNL, a platform that provides precise location-based services. The firm’s leadership team, led by Managing Director Aditya Mathur, brings a wealth of experience in both investment and operational roles, ensuring that portfolio companies receive not just financial backing but also strategic guidance and access to a vast network of industry contacts. Elev8.vc is particularly focused on helping startups scale globally, leveraging its strong connections across Asia and beyond.

EMVC, also known as Emphasis Ventures, is a fintech-focused venture capital firm founded in 2018 and headquartered in New York, with additional offices in Bengaluru, Washington, and Mumbai. The firm invests in founders building next-generation financial and commerce ecosystems, treating India as both a laboratory for financial innovation and a launchpad for globally scalable businesses. EMVC has made 19 investments primarily at Seed stage with check sizes ranging from $100,000 to $2 million. The portfolio includes one unicorn, Slice, an Indian neobank, and two acquisition exits including Credenc and Origa.ai. Additional notable portfolio companies include Jar in micro-savings, M2P Fintech in payments infrastructure, Bureau in identity verification, Bimaplan in insurtech, and Flash. The firm's focus areas span digital payments, insurtech, cybersecurity, personal finance, supply chain and logistics finance, enterprise AI for financial institutions, proptech, blockchain, and decentralization technologies, covering 19 investments across fintech, AI, security, and web3 sectors. EMVC brings a diverse team of experienced investors, entrepreneurs, and business leaders with domain expertise spanning payments, insurance, banking, asset management, consumer and cloud technology, credit, distributed ledger technology, and cross-border financial strategy. The firm's dual presence in New York and India positions it to source deals in the Indian and Southeast Asian fintech ecosystem while connecting portfolio companies to global capital markets and strategic partners across the United States.

ENGIE New Ventures, established in 2014, is the corporate venture capital arm of ENGIE, a global energy leader. With a +€250 million fund, ENGIE New Ventures focuses on cleantech startups that are advancing the transition to a sustainable, decentralized, and digitalized energy system. The firm invests in Series A and B stages, supporting companies that have proven technologies and are ready to scale. ENGIE New Ventures collaborates closely with its portfolio startups, offering not only capital but also access to ENGIE’s global market connections, technical expertise, and customer base​. The fund targets a broad range of sectors within the clean energy space, including renewable energy, low-carbon hydrogen, decarbonization of thermal energy, and energy management solutions. It seeks startups that present innovative technologies, unique customer solutions, or novel business models that align with ENGIE’s mission. ENGIE New Ventures has made over 50 strategic investments worldwide, with a diverse portfolio that includes companies like H2SITE, which focuses on decentralized hydrogen production, and Heliatek, a producer of organic solar films. The firm maintains long-term partnerships with its startups, ensuring they have the support needed to grow globally. By driving innovation in cleantech, ENGIE New Ventures is playing a key role in accelerating the global energy transition.

Entrepreneur First (EF) is a global talent investor founded in 2011 by Alice Bentinck and Matt Clifford. EF's unique approach focuses on helping individuals build technology companies from scratch, often before they have a team or specific idea. This model emphasizes selecting ambitious individuals based on their potential and providing them with the resources to find co-founders and develop their startups. Operating in major cities such as London, Singapore, Berlin, Paris, Bangalore, and Toronto, EF has successfully created over 500 companies with a combined valuation exceeding $10 billion. Some of their most notable investments include Tractable, a computer vision company valued at $1 billion; Magic Pony Technology, which was acquired by Twitter for $150 million; and Omnipresent, a remote HR platform. EF typically invests around £80,000 in each startup in Europe, C$100,000 in Canada, and SG$75,000 in Asia, in exchange for a 10% equity share. Their portfolio boasts significant exits like Deliveroo, PassFort Limited, and Trussle, showcasing their effectiveness in nurturing early-stage startups. EF's investment philosophy prioritizes talent over pre-existing ideas, enabling them to partner with ambitious individuals early in their entrepreneurial journey. The firm has received backing from prominent figures and institutions, including Reid Hoffman, co-founder of LinkedIn, and John and Patrick Collison, co-founders of Stripe. This strong support system, coupled with EF's robust program, helps founders develop their ideas, find co-founders, and secure further investment from top-tier venture capital firms.

Esco Ventures, the investment arm of Singapore-based Esco Group, focuses on early-stage life sciences and medtech startups. The firm specializes in areas like biotech, diagnostics, and women’s health, aiming to nurture groundbreaking technologies that improve global health. What sets Esco Ventures apart is its hands-on approach, offering startups more than capital by providing mentoring, productization, manufacturing support, and global distribution networks through its parent company, Esco Group. Esco Ventures plays a crucial role in shaping the next wave of medical innovations, drawing on Esco Group’s decades of experience in life sciences. Their investment philosophy is built around long-term growth, with an emphasis on addressing unmet medical needs through disruptive technologies. The firm has a global reach but maintains a particular focus on Singapore, aligning with the nation’s vision to become a biomedical innovation hub in Asia. Under the leadership of Managing Partner XiangQian Lin, Esco Ventures works closely with scientists, engineers, and entrepreneurs, guiding them from ideation to commercialization. The firm has already seen success with investments like a Danish/Lithuanian medical device company, which achieved 5x growth within three years. Esco Ventures also actively supports the local Singaporean ecosystem by mentoring early-stage researchers and startups even before formal incorporation, fostering a collaborative and innovative environment aimed at creating the next big breakthroughs in life sciences and medtech.

EthAum Venture Partners is a deep technology revenue scaler, incubator, and accelerator founded in 2018 and headquartered in Singapore, with team members operating across the United States, India, and more than seven additional locations globally. The firm runs the Zero BS Revenue Scaler Program, a structured engagement that helps post-revenue B2B startups acquire customers, strategic partners, and investors, with guaranteed measurable results. EthAum has built a portfolio of over 100 startups from Seed to Series B stage, collectively serving Fortune 1000 organizations worldwide. The firm has made 54 recorded investments across AI and deep tech, SaaS, healthtech, software, B2B enterprise technology, hardware, and security sectors, deploying checks of up to $2 million with partner funds. Notable portfolio companies include The Wedding Company and Cybord. The team of 25 includes 4 partners, 10 venture partners, and 2 principals, creating a large ecosystem of experienced operators who engage directly with portfolio companies on revenue and commercial development. EthAum Venture Partners distinguishes itself through its operational focus rather than purely financial investment, working intensively with founders on go-to-market execution, enterprise sales, and partnership development. The firm concentrates on companies targeting Fortune 1000 customers, leveraging its global team and extensive corporate network to open doors that early-stage B2B companies cannot easily open independently. This execution-focused model positions EthAum at the intersection of venture capital and management consulting.

Evio Venture Capital is an early-stage venture capital firm founded around 2020, with a team based in Singapore and Greece, focused on mental health, wellness, education technology, and the future of work. The firm invests in companies building in mental health, personal growth, and adult education at Seed and Series A stages with checks of $100,000 to $1 million. Despite a small portfolio of 7 companies, Evio has achieved a remarkable concentration of high-value outcomes. The firm's portfolio includes two unicorns: BetterUp, a professional coaching and mental health platform valued at $4.7 billion, and Calm, a meditation and sleep application valued at $2 billion. An additional notable investment is MyDoc, a telemedicine platform. The team of four includes two partners. These outcomes reflect an early and conviction-driven view of the mental health technology market at a time when the sector's commercial potential was not yet widely recognized by mainstream venture capital. Evio represents a specialized thesis in the growing mental health and wellness technology sector, investing ahead of broad consumer and enterprise adoption of digital mental health tools. The firm's concentration on Seed and Series A investments in a tightly defined vertical enabled it to build deep expertise and relationships within the mental health technology ecosystem. The outsized results in BetterUp and Calm validate the firm's thesis that mental health and personal development represent a durable and structurally important category for technology investment.

Expara IDM Ventures is Singapore's longest-established early-stage venture capital and venture services firm, founded in 2003 by Douglas Abrams, who has been investing in Singapore's startup ecosystem since 2000. Operating as the incubator fund arm of Expara, the firm has built an integrated platform spanning acceleration, incubation, entrepreneurship training, mentorship, and advisory services for the broader enterprise ecosystem across Southeast Asia. With 58 investments across the region, Expara is the pioneer in full-spectrum early-stage venture support in Southeast Asia. The firm leads rounds and writes checks typically between $100K and $1 million, focusing on pre-seed and seed stages. Its portfolio spans software and apps, e-commerce and retail, AI, SaaS, fintech, healthtech, education, and media, with the heaviest concentration in Singapore (9 companies) and Thailand (5 companies). A fund raise of $21.6 million was underway to extend the firm's investment capacity across the region. Expara's approach is distinct in combining capital deployment with institutional capacity-building infrastructure. Rather than investing at arm's length, the firm embeds itself in the founder's journey through its incubation and acceleration programs, ensuring portfolio companies benefit from curated mentorship networks, operational coaching, and the firm's two decades of Southeast Asian market knowledge. This full-service model has made Expara a foundational institution in the regional startup ecosystem.

Experian Ventures is the corporate venture capital arm of Experian, the world's leading global information services company, founded in 2016 and headquartered in Silicon Valley with offices in London, Singapore, Costa Mesa, and Sao Paulo. The firm invests on the premise that disruption in a data and technology-driven world depends on the creative forces of entrepreneurs. With 51 investments to date, Experian Ventures backs startups delivering solutions that simplify credit and lending, reduce complexity in specialized verticals, automate and secure workflows, and improve consumers' financial lives. The firm targets Series A and Series B rounds, writing checks between $1 million and $10 million. Portfolio companies include Sardine, a fraud prevention platform that raised a Series C in February 2025; Array US, a financial data platform; Passport; and KYXStart. Investments span fintech, AI, security, data analytics, healthcare, automotive, blockchain, and IoT, reflecting Experian's core belief that new value is created through data and technology across a wide range of verticals. As a strategic corporate investor, Experian Ventures provides portfolio companies with more than capital. The firm leverages Experian's global distribution, enterprise relationships, and proprietary data assets to help startups accelerate commercial traction. Portfolio companies benefit from access to Experian's operational infrastructure and industry credibility, particularly those whose solutions touch credit, identity, and financial data workflows.

Far East Ventures is the venture capital arm of Far East Organization, one of Singapore's largest private real estate developers. Founded in January 2014 by brothers Edward Ng, Jonathan Ng, and Graham Ng, the firm operates as a corporate venture capital and family office vehicle investing in visionary entrepreneurs building disruptive technologies. Edward and Jonathan Ng are based in Palo Alto, California, with Jonathan having studied at Stanford University, while Graham Ng manages operations from Singapore. The firm evaluates investments purely on merit, with no requirement that portfolio companies generate strategic value for the parent organization. Far East Ventures invests across all stages from seed to growth, writing checks typically between $1 million and $5 million, with reported maximum deal sizes up to $30 million. The firm focuses on the United States, Southeast Asia, and China across technology, healthcare, medtech, foodtech, software, and real estate. Notable portfolio companies include StaffAny, a workforce management platform that raised a Series A in January 2022; One Zero, a digital bank; and Sealed Network, a business productivity platform. The firm has executed more than 30 investments across multiple regions. Far East Ventures applies a data-driven methodology with an operator-first philosophy, leveraging the founding family's deep understanding of Asian markets and their long track record of capital allocation through Far East Organization. The firm's dual base in Silicon Valley and Singapore gives it a meaningful vantage point for identifying technology companies well positioned to grow across both the US and Asia-Pacific markets.

FEBE Ventures, whose name stands for For Entrepreneurs, By Entrepreneurs, is a global seed-focused venture capital firm founded in 2019 and headquartered in Singapore with strong operational presence in Ho Chi Minh City, Vietnam. The firm is led by a team of ex-founders who have collectively built more than 30 companies and backed approximately 200 startups. Co-founder and Managing Partner Olivier Raussin previously served as General Partner at Project A Ventures, a $500 million European VC, and held executive roles at Google, YouTube, Microsoft, and Yahoo. FEBE manages three funds, with Fund II launched in November 2023 at $75 million. The firm leads rounds and writes initial checks of $250K to $750K at pre-seed and seed stages, with a portfolio of approximately 33 companies. Notable portfolio companies include FR8Labs, Next Gen Foods, SixSense, Elfie, and HD & Little John. Investment sectors span B2B marketplaces, B2B SaaS, AI-enabled solutions, healthtech and wellness, climate and sustainability, fintech, logistics, and edutech. Geographic reach extends from Southeast Asia to Silicon Valley, India, Europe, and Latin America. The firm has had one exit: Bukugaji in June 2022. FEBE's founder-first philosophy is anchored in the team's own experience building companies. The firm provides hands-on mentorship, product and go-to-market guidance, and access to its global network of co-investors and operators. The partnership model reflects a genuine conviction that the most effective investors are those who have navigated the same challenges they now advise their portfolio companies to solve.

Fellows Fund is a venture capital firm established in 2021, with a focus on early-stage investments in artificial intelligence (AI) and related technologies. Headquartered in Sunnyvale, California, the fund has a mission to support next-generation AI startups by providing not just capital, but also strategic guidance and essential connections. Fellows Fund is led by Alex Ren, along with a team of distinguished fellows who are experts in fields like machine learning, AI infrastructure, and biotech. The fund's portfolio is diverse, including companies such as OmniML (acquired by Nvidia), Opus Clip, and Yoneda Labs, which are pushing the boundaries of AI applications across various industries. With investments ranging from $1 million to $10 million, Fellows Fund partners closely with founders to help them scale their businesses, leveraging the expertise of its team and a strong network within the AI community. The fund also emphasizes a collaborative approach, fostering a community of AI pioneers and thought leaders who contribute to the success of their portfolio companies.

Fenox Venture Capital was an early-stage venture capital firm founded in 2011 by Anis Uzzaman and Vitaliy Arbuzov, headquartered in San Jose, California. The firm was built around the concept of bridging Silicon Valley startups with international markets, operating offices across seven countries and managing corporate venture funds for major companies including Asus ($50 million fund in 2017), Sega Sammy Holdings ($20 million fund in 2018), Aisin, and Wistron. By 2017, Fenox had invested in more than 115 companies across AI, IoT, robotics, big data, VR and AR, fintech, and health IT, with typical check sizes in the $1 million to $5 million range at Seed and Series A stages. Fenox led multiple high-profile rounds, including a $14 million round for Affectiva, an MIT Media Lab spinoff, and a $16 million round for Jibo. Additional notable portfolio companies include MindMeld, acquired by Cisco; Jetlore, acquired by PayPal; Tech in Asia; BlockCypher; and Sense.ly. In 2016, Fenox launched the Startup World Cup, a global startup pitch competition with a $1 million prize, which expanded its brand presence across Asia and emerging markets. Fenox Venture Capital is now permanently closed. Founder Anis Uzzaman continues his investment activities through Pegasus Tech Ventures, which serves as the successor entity carrying forward similar cross-border investment strategies and portions of the same portfolio. During its active years, Fenox was a distinctive voice in US-Asia venture bridging at a scale few firms attempted.

FHI Ventures is an impact-focused venture capital firm founded in 2017 as a subsidiary of FHI 360, a global nonprofit human development organization with over 50 years of experience improving lives in more than 60 countries. Headquartered in Washington, D.C., FHI Ventures invests in bold, market-tested innovations that deliver both significant social impact and financial returns. The firm operates as a late seed-stage and Series A investor targeting technology-enabled companies in education, healthcare, and WASH (water, sanitation, and hygiene) sectors, with a strong focus on empowering women and minority groups. FHI Ventures writes checks of $500K to $1.5 million and has built a portfolio of approximately 8 companies spanning the US and Southeast Asia. Notable portfolio companies include ThinkMD, which develops clinical intelligence software to expand global healthcare access; Little Sparrows Technologies, which makes portable phototherapy devices for treating infant jaundice; and UrSure, acquired by OraSure in May 2020. Wellington Pak serves as the primary fund contact for FHI Ventures. FHI Ventures differentiates through its unique institutional parent. FHI 360's global network and deep development-sector expertise provide portfolio companies with strategic support, field relationships, and distribution pathways that purely commercial investors cannot replicate. The firm's mission aligns financial returns with demonstrable human development outcomes, making it a distinctive capital partner for founders solving critical access gaps in health, education, and basic services in both developed and emerging markets.

Ficus Venture Capital is a pioneering Shariah-compliant venture capital firm founded in 2018 and headquartered in Kuala Lumpur, Malaysia. The firm identifies itself as the world's first ESG-i (Environmental, Social, and Governance with an Islamic perspective) driven venture capital management company, blending Islamic finance principles with modern ESG investing. Regulated by the Securities Commission Malaysia, Ficus focuses strategically on the Southeast Asian market. The founding team brings over 70 years of combined experience in banking, investment, Islamic finance, technology, and entrepreneurship. Key leadership includes Nor'Azamin Salleh as Chairman with more than 30 years in fund management, Abdullah Hidayat Mohamad as Co-Managing Partner for Investment and Operations, and Rina Neoh as Co-Managing Partner for Business Development. The firm's flagship fund, Ficus SEA, was announced at $13.6 million. Ficus has invested in approximately 22 companies across cleantech, fintech, electric mobility, healthtech, augmented reality, e-commerce, and edutech at the seed stage, with typical checks between $100K and $1 million. Notable investments include Assemblr, an augmented reality platform that received $400K; Eclimo, an electric vehicle company that received $450K; Morpheus Labs; and Klean Malaysia. Ficus partnered with the Malaysian Green Technology and Climate Change Corporation to launch the world's first Shariah-compliant green technology venture capital fund. Ficus targets an investment horizon of three to five years with exits planned through strategic sales or IPO. The firm's dual ESG-Islamic finance framework gives it a distinct position in Southeast Asia's growing Islamic finance ecosystem, enabling it to attract a class of institutional and family office investors for whom Shariah compliance is a prerequisite alongside environmental and social impact criteria.

First Check Ventures, founded in 2020 and based in San Juan, Puerto Rico, is a venture capital firm specializing in early-stage investments across diverse industries including fintech, consumer finance, internet retail, and human capital services. The firm was founded by Ali Jamal, who brings extensive experience as a serial entrepreneur and angel investor. First Check Ventures has invested in 100 companies and achieved 12 exits. Notable investments include companies like Lemonade, Finblox, and Bits Crypto. The firm focuses on providing not only capital but also mentorship, network, and guidance to its portfolio companies to help them achieve their full potential. They typically invest in the seed stage, supporting startups with promising and innovative ideas that have the potential to make a significant impact. The investment team includes founding partner Ali Jamal and partner Adwait Walimbe. Their approach is characterized by a strong commitment to backing passionate founders and fostering growth in their chosen industries.

Fluent Ventures is a San Francisco-based global venture capital firm founded in 2023 by Managing Partner Alexandre Lazarow. The firm invests $250,000 to $2 million at pre-seed through Series A stages, with a $40 million target for its inaugural fund. Lazarow is known for his work on frontier and camel startups — companies built outside traditional tech hubs that prioritize sustainable growth over hypergrowth — a philosophy that directly informs Fluent's geographic arbitrage thesis. The firm focuses on three sectors: fintech, commerce, and health, and seeks to identify proven business models in one market and back founders replicating them in underserved geographies. Fluent's platform is backed by more than 75 unicorn founders and operators spanning six continents, giving portfolio companies access to a global network of advisors with direct experience building at scale. As of early 2025, the firm had made five investments across fintech, e-commerce, and health, and leads rounds when participating. Fluent's global mandate is its defining characteristic. While many Bay Area seed funds source and back companies close to home, Fluent actively deploys across the US, Europe, Latin America, Africa, Southeast Asia, and India. This breadth, backed by a community of experienced global founders, positions the firm to find category-defining companies in geographies where competition for the best deals remains lower than in more mature venture markets.

FocusTech Ventures is a Singapore-based venture creation firm founded in 2010 and approved as a technology incubator under Singapore's NRF-IDMPO iJAM Reload Scheme. Headquartered at Link@AMK in Ang Mo Kio, the firm is led by Chairman Dr. Felix Ong — former founder and CEO of Seksun Group, once the world's leading hard disk drive component manufacturer — and Founder and CEO Kelvin Ong. The four-member team supports founders solving real-world problems and improving workflows in enterprise industries including energy, finance, education, manufacturing, and healthcare. FocusTech invests primarily at pre-seed and seed stages, writing checks of $100,000 to $500,000 in B2B, SaaS, and IoT companies. The firm has built a portfolio of 16 companies across 12 technology investments, with a mix of B2C and B2B companies. Known investments include Aquatronik, an aquaculture technology startup backed in February 2022. FocusTech has also co-launched Germi8 Pte. Ltd., an agri-food focused private investment firm in Southeast Asia, alongside Leave a Nest, Kobashi Industries, and Euglena — extending its reach into sustainable food systems. Despite being Singapore-headquartered, FocusTech has directed a meaningful portion of its capital toward US-based startups, reflecting a thesis that early-stage technology companies across geographies can benefit from Singapore's strategic position as a gateway to Asian markets. The firm combines patient capital with hands-on operational mentoring drawn from Dr. Ong's decades of experience in hardware manufacturing and global business development.

Forge Ventures is a Singapore-based early-stage venture capital firm founded in 2021 by Tiang Lim Foo and Kaspar Hidayat, in partnership with Alto Partners, an Asia-focused multi-family office. The firm closed its oversubscribed debut fund at US$21.88 million in September 2021, targeting startups across Southeast Asia with a primary concentration in Singapore and Indonesia. Forge leads pre-seed and seed rounds, writing average checks of approximately $750,000 and planning to invest in around 15 companies per fund. The firm describes itself as sector-agnostic but pays close attention to fintech startups in the region. Its 25-investment portfolio spans healthtech, food, education, energy, and AI. Named portfolio companies include Mito Health, a preventive health platform that raised a $1.3 million pre-seed round; Marathon Education, a Vietnamese edtech platform that raised $1.5 million; Vouch, a Singapore-based digital insurance platform; Prefer, a sustainable coffee brand backed in an $4.2 million round in August 2025; and Nexmedis, an Indonesian AI-powered medical diagnostics company co-led by Forge and East Ventures in February 2025. Forge takes a hands-on approach to early-stage company building in Southeast Asia. Both co-founders bring operational and financial backgrounds suited to working closely with founders navigating the region's fragmented markets, regulatory environments, and distribution challenges. The firm's partnership with Alto Partners provides portfolio companies with additional access to the family office networks and relationships that underpin much of Southeast Asia's private capital ecosystem.

FPT Ventures is the corporate venture capital arm of FPT Corporation, Vietnam's largest information and communications technology enterprise, officially launched at Techday 2015 on May 21, 2015. FPT Corporation Chairman Truong Gia Binh announced an annual earmark of approximately US$3 million for the fund, with Tran Huu Duc, CTO of FPT Trading, appointed as CEO of FPT Ventures. The Hanoi-based firm targets Vietnamese tech startups with valuations under $1 million at seed and early-stage, providing capital alongside workplaces, advisory boards, market expansion support, customer access, technical infrastructure, and connections to other funds. FPT Ventures has invested in 22 companies across enterprise applications, consumer technology, and media sectors. Notable portfolio companies include ELSA Speak, an AI-powered English language learning app that won the SXSWedu award; Sendo.vn, one of Vietnam's leading e-commerce platforms; CyRadar, a cybersecurity startup named among Asia's top 10 most promising tech startups by Echelon; ANTS, Vietnam's first real-time bidding advertising exchange; and FPT Play, a streaming service. The most recent investment was Aura Network in February 2025. The firm invests in internet, mobile, SMB solutions, health, education, transportation, and SMAC technologies. FPT Ventures maintains a cooperation agreement with Dragon Capital Group to accelerate Vietnamese startups and connects portfolio companies to FPT Corporation's extensive commercial relationships across subsidiaries including radio stations, the recording business, and mail-order shopping. The firm's broader mission aligns with FPT's vision of making Vietnam a startup nation — the company has publicly committed to helping create 5,000 technology firms in the country.

Future Now Ventures is a boutique venture capital firm founded in 2013, headquartered in Makati, Philippines with additional presence in Sydney, Australia and the UAE. The firm specializes in fast-growth technology companies with particular strength in cloud services including SaaS, PaaS, and IaaS, mobile, social media, and e-commerce. The six-person team includes two partners, one venture partner, and three principals operating across the Philippines, Australia, and the Middle East. The firm was founded by an entrepreneur who previously founded OKERE Consulting, which was exited to Fujitsu Consulting, and Global One, which merged into Cloud Sherpas and was subsequently acquired by Accenture. Future Now Ventures has made 35 investments, producing one IPO and four acquisitions. The portfolio spans 10 Philippines investments and three Australia investments, as well as companies in other markets. Notable portfolio companies include Barhead Solutions, a Microsoft consultancy acquired by Akkodis in January 2025; Reekoh, an IoT data platform acquired by Autodesk in November 2023; Haventec, a network security company; Jaaims, an AI financial software platform; and Melodie Music, an entertainment technology company. The most recent new investments were made in December 2021. Future Now Ventures takes a flexible engagement model: working hands-on with company operations, taking board positions, and providing incubation support when founders need it, or acting in an advisory capacity when operational distance is more appropriate. The firm invests across Asia, the US, and Australia, focused on ventures with global audience potential rather than those whose addressable markets are limited to a single geography.

Future Shape LLC is an investment and advisory firm founded by Tony Fadell, known for his work at Apple and Nest Labs. Based in Paris, France, the firm focuses on deep technology, investing in engineers and scientists developing groundbreaking technologies. Founded in 2014, Future Shape primarily engages in seed investments but is also involved in later-stage funding under specific conditions. The firm's investment portfolio spans multiple sectors, including agriculture, energy, transportation, medical diagnostics, financial services, consumer products, and robotics. Notable investments include companies like Phononic, Modern Meadow, Weave, Simbe Robotics, and Vium. Future Shape is known for its hands-on approach, providing not just capital but also strategic guidance in areas such as product-to-market fit, branding, user experience, and go-to-market strategies. Future Shape typically invests amounts ranging from $100K to $10M, with a focus on early-stage companies in the US and Europe, though it occasionally invests in Asia and the Middle East. The firm's approach integrates extensive collaboration and advisory services, helping startups navigate the complexities of commercialization and scale their innovations effectively. Led by Tony Fadell, Future Shape leverages his extensive experience and network to support the growth and success of its portfolio companies, making it a key player in the venture capital landscape for deep tech startups.

Gamerforce Ventures is a Singapore-based venture capital firm founded in 2019, one of the first funds established specifically for the esports and gaming sector in Southeast Asia. The fund is managed by Blackforest Global Management Pte. Ltd. and led by Founding Managing Partner Lance Quek. The firm targeted raising up to $15 million for its Global Fund I, investing $50,000 to $150,000 per company across a target portfolio of 30 to 50 companies at the pre-seed and seed stages. Gamerforce focuses primarily on platforms and software that can scale across leagues, games, and teams, with most investments structured around B2B business models. The portfolio of six companies includes RSG (Resurgence, a major esports organization competing in Hearthstone, League of Legends, Mobile Legends, PUBG Mobile, and Arena of Valor), Goama (a gamification platform enabling game-based engagement for mobile apps), and Bountie (a gaming rewards platform). The firm adds value through a partner network of successful entrepreneurs and executives drawn from diverse backgrounds across gaming and technology. Gamerforce invested across the gaming, media and entertainment, and software sectors in Southeast Asia. The firm made its most recent known investment in RSG in November 2023. As of 2026, the fund's domain appears listed for sale, suggesting the fund may have wound down or ceased active investment operations. No exits have been recorded across the portfolio.

Garden District Ventures is a consumer-focused investment fund established in 2020 that discovers, invests in, and supports entrepreneurs and high-growth potential companies in emerging, middle-income markets across Southeast Asia and beyond. The fund is registered in Dover, Delaware, with roots in New Orleans, Louisiana, and Managing Partner Jason M. Cronen is based in the Bangkok metropolitan area. Cronen is a three-time founder who previously held corporate development and advisory roles at YouTube, PGA of America, Audi AG, Tencent, Turk Telekom, Diageo, and Barcelo Hotel Group. The firm deploys $50,000 to $250,000 per investment, with a sweet spot of $100,000, at the pre-seed and seed stages. Its investment thesis is organized around a thematic framework the firm calls 'food, families, freight, and finance,' identifying intersections of market dynamics and demographic shifts. The thesis rests on a projection that by 2030 a global middle class of 3.4 billion people with a median age of 31 will fuel a $10 trillion market for everyday essentials and luxury spending. Targeted sectors include consumer technology, health and wellness, food technology, digital payments, media and content, real estate, transportation, direct-to-consumer products, sustainability, supply chain and logistics, and travel technology. Garden District Ventures operates with a lean structure and a thematic rather than sector-rigid approach, relying on Cronen's extensive regional corporate networks to source and support founders across Southeast Asia. The team includes Muieen (Venture Partner, leading Southeast Asia deal sourcing) and Richard (Limited Partner and a venture investor in his own right with 70-plus companies backed).

GDP Venture (formerly Global Digital Prima Venture) is the venture builder and investment arm of Indonesia's Djarum Group, one of the country's largest conglomerates. Founded in 2010 by Martin B. Hartono -- CEO and Djarum Group's Business Technology Director -- the firm is based in West Jakarta and focuses on building and investing in digital communities, media, commerce, consumer products, entertainment, and solutions companies within Indonesia's new economy. GDP Venture brings together technopreneurs, engineers, product specialists, and marketers to support founders scaling in the Indonesian consumer internet space. The firm has made over 40 investments across 50-plus portfolio companies spanning e-commerce, media, healthtech, travel, and social platforms. GDP Venture leads rounds at the seed, Series A, and Series B stages with check sizes between $1 million and $10 million. The portfolio's most significant outcome is Blibli.com, a major Indonesian e-commerce platform that completed an IPO on the Indonesia Stock Exchange in late 2022 at a valuation of approximately 7.99 trillion rupiah ($509 million), making it Indonesia's third unicorn. Other notable portfolio companies include Tiket.com (travel booking), Halodoc (telemedicine and healthtech), Kaskus (Indonesia's largest online community), 88 Rising (music and media), IDN Media (digital media), Garasi.id (automotive marketplace), and Infokost.id (housing). Recent exits include Kumparan (news media, acquired October 2024) and Deserve (April 2025). GDP Venture's competitive advantage is the Djarum Group's deep network and resources in Indonesia, which give portfolio companies access to distribution, capital, and strategic partnerships that independent firms cannot match.

Genesia Ventures is a Tokyo-based venture capital firm founded in 2016 by Soichi Tajima, investing in seed and early-stage startups building innovative digital businesses across Asia. The firm operates from three offices in Tokyo, Jakarta, and Ho Chi Minh City, and fields a team of 20 including three partners. Genesia closed Fund III at $110 million and has since secured a $22.5 million LP commitment from the Japan Investment Corporation for Fund IV. The firm's vision is 'realizing a society that brings wealth and opportunities to all,' organized around six themes: circular economy, prosperous lifestyle, equal access to information and opportunity, knowledge, coexistence and symbiosis, and a healthy society. Genesia leads rounds at the pre-seed through Series A stages, with an average seed check of $1.37 million and an average Series A check of $3.37 million. The portfolio encompasses 163 companies as of January 2026, with 13 new investments in the prior 12 months. The firm is primarily active in Japan (63 portfolio companies), Vietnam (11), Indonesia, and India. Investment areas span software, SaaS, e-commerce, hardware and robotics, and media and entertainment, as well as frontier technology including robotics, digital twinning, and space technologies. Notable exits include Timee (IPO) and HR Brain (acquisition). Recent investments include Sports For Life and Meta Sensing (ultra-compact Raman spectrometers). Genesia Ventures aims to build a platform for the creation of large-scale, sustainable industries across Asia, approaching investment as a long-term regional ecosystem builder rather than a single-market fund. The firm's three-city footprint positions it to identify and support founders in markets that remain underserved by international capital.

Genesis Alternative Ventures is Southeast Asia's leading venture debt provider, founded in 2019 by Dr. Jeremy Loh, Ben J Benjamin, and Martin Tang, and based in Singapore. The firm provides debt capital to venture and growth-stage companies backed by tier-one venture capital firms, targeting revenue-generating startups that do not qualify for traditional bank loans due to lack of collateral or profitability. This structure allows portfolio companies to access growth capital while minimizing equity dilution. Fund I closed at $80 million, exceeding its $50 million target. Fund II raised $125 million, closing in September 2024, with over 80% of LPs returning, including Aozora Bank, Korea Development Bank, Mizuho Leasing, Sassoon Investment Corporation, and Silverhorn, alongside new investors Mizuho Bank and OurCrowd. Genesis deploys $1 million to $10 million per investment at Series A and Series B stages, structured as loans with warrants. Fund II has deployed over $20 million to startups across Singapore, Indonesia, Malaysia, and the Philippines, and has achieved its first successful warrant exit. The portfolio of 11-plus investments includes Akulaku (an Indonesian fintech unicorn spanning digital banking, consumer credit, investment, and insurance), Sirclo (Indonesia's leading omnichannel commerce enabler), Transcelestial (last-mile wireless connectivity), Trusting Social (credit scoring), Flow (credit management), and SATURDAYS (an eyewear brand). Genesis Alternative Ventures operates in a distinct niche within the Southeast Asian venture ecosystem, providing an alternative to equity financing that preserves founder ownership while meeting the capital needs of companies between institutional rounds. The firm's model has proven attractive to institutional LPs seeking venture-adjacent returns with debt-structured risk profiles.