TNF Ventures

TNF Ventures is a Singapore-based seed and early-stage venture fund and incubator, founded in 2012 by a group of Singaporean technopreneurship veterans comprising experienced entrepreneurs, MNC senior executives and established venture capitalists. Its stated purpose is to groom the next generation of Singapore technology startups, and it is an approved incubator under the Technology Incubation Scheme (TIS) of Singapore's National Research Foundation, running an incubator programme in partnership with the government. The firm operates a sector-agnostic strategy with an 'investor mentor' model, where partners both invest capital and provide hands-on mentorship and access to networks, and it is willing to lead. It has made on the order of 22 investments, the bulk of them at seed stage with an average round size of roughly $508,000, concentrated in Singapore, about 14 deals, with additional exposure to the United States, about 4 deals; portfolio companies span enterprise applications, consumer, vertical SaaS, high tech and fintech. The firm is led by Managing Partner and co-founder Shirley Wong, who works closely with founders and is also active with SMU's Institute of Innovation & Entrepreneurship, alongside Operating Partner Frank Lee and a roster of advisors. Notable portfolio companies include BeMyGuest, TradeHero, Cynapse, Neeuro and Ohanae, with follow-on capital often coming from investors such as Wavemaker Partners, K3 Ventures and SEEDS Capital. By combining government-backed incubation with an experienced operator-investor team, TNF Ventures backs early-stage Singaporean technology founders from formation through their first institutional rounds.