Southeast Asia’s top 37 startup investment firms

At some point, people in the tech game realize that secrets sell. We at Tech in Asia know this better than most. Folks from out of town are always popping by our office and buying rounds of coffee in hopes of discovering something they didn’t already know about Southeast Asia’s startup scene. In our coffee chatter, we’re usually just spouting off information from the top of our heads – and that’s an imperfect way of doing things. It’s nowhere near as helpful as a simple list.

But now, we’d like to open our secrets vault for you. We thought we might spare you the trip, and save your wallet the latte money, by making an up-to-date catalogue of active investors in Southeast Asia, organized by number of deals.

The list was derived from Tech in Asia’s database. All the data — the top funding stages, typical investment range, startups they’ve recently backed, and the countries they’re active in — pertain to Southeast Asia only.

Please take a look, and see if you still need to connect with one of these players in your market of interest.

Asia Venture Group

asia-venture-group-logo

Their intro: Asia Venture Group (AVG) starts and invests in digitally scalable business models in Southeast Asia. AVG is a hands-on, private Internet Holding Company that focuses on long-term value creation in Southeast Asian online markets. We target the sweet spots of SEA internet space in chosen verticals by combining: state of the art international know-how and expertise, rigorous execution excellence, the best local partners and international management talent. AVG focuses on digital distribution models and is extremely selective in terms of the companies it supports, which allows strong engagement in day-to-day operations.

Top funding stages:

  • Series A
  • Series B
  • Seed

Investment round range:

US$500,000 – US$12,000,000

Recent investees:

Top countries invested in:

  • Malaysia
  • Indonesia
  • Thailand

Top industries:

  • Ecommerce
  • Search & Discovery
  • Lifestyle

Mountain Kejora Ventures

 

Mountain-kejora-logo-1

 

Their intro: Mountain Kejora Ventures is a venture investor and company builder for technology startups based in Jakarta, Indonesia as a joint venture with Mountain Partners AG (Zurich). We assist startup founders beyond just financial investment but work closely with the founding team to form and execute strategy, go to market & expansion plan for the region, adding tangible value to our portfolio companies and partners.

Top funding stages:

  • Seed

Investment round range:

Undisclosed

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore

Top industries:

  • Ad Tech
  • Lifestyle
  • Search & Discovery

Convergence Ventures

Convergence-ventures-logo

Their intro: Convergence Ventures is an early stage technology venture fund focused on investing in Indonesia. Our partners are seasoned entrepreneurs with extensive operating experience in Internet businesses in emerging markets. We seek to back exceptional founders by leveraging our experience, network and resources to empower them to build long lasting and impactful businesses for Indonesia and the South East Asia region.

Top funding stages:

  • Series A
  • Series B

Investment round range:

US$1,000,000 to US$7,350,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore

Top industries:

  • Lifestyle
  • Social Networking & Communication
  • Media

East Ventures

East-Ventures-logo

Their intro: East Ventures is an early stage fund focusing on consumer web and mobile startups, based in Tokyo (Japan), Singapore, and Jakarta (Indonesia).

Top funding stages:

  • Seed
  • Series A
  • Bridge/Loan

Investment round range:

US$300,000 to US$4,000,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore
  • Thailand

Top industries:

  • E-Commerce
  • Lifestyle
  • Finance

500 Startups

500-startups-logo

Their intro: 500 Startups is a new kind of seed fund and startup accelerator. We believe successful internet startups are born from usable design, customer-focused metrics, and online distribution.

Top funding stages:

  • Seed
  • Series A
  • Bridge/Loan

Investment round range:

US$100,000 to US$12,000,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore
  • Malaysia

Top industries:

  • Lifestyle
  • E-Commerce
  • Consumer Internet

JFDI.Asia

jfdi-logo

Their intro: JFDI.Asia is a community of people who practice, finance and teach innovation. We believe that innovation need not be a mystery and entrepreneurship should not be painful or lonely. Both can be learned, working with peers and guided by mentors.

Top funding stages:

  • Seed
  • Bridge/Loan

Investment round range:

US$19,650 to US$25,000

Recent investees:

Top countries invested in:

  • Singapore
  • Vietnam
  • Myanmar

Top industries:

  • Consumer Internet
  • Professional Services
  • Productivity Software

Seedcom

Seedcom-logo

Their intro: Seedcom wants to endorse those leaders and their businesses in every possible way to create good products and services that make a difference for Vietnamese.

Top funding stages:

  • Seed

Investment round range:

Undisclosed

Recent investees:

Top countries invested in:

  • Vietnam

Top industries:

  • Enterprise Solution
  • Lifestyle
  • E-Commerce

Jungle Ventures

jungle-ventures-logo

Their intro: Jungle Ventures is a Singapore based, entrepreneur backed venture firm that funds and helps startups scale across Asia Pacific. We invest in global startups that are solving problems relevant to Asia Pacific markets. We currently have 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 last year.

Top funding stages:

  • Seed
  • Series B
  • Bridge/Loan

Investment round range:

US$300,000 to US$7,500,000

Recent investees:

Top countries invested in:

  • Singapore
  • Malaysia
  • Thailand

Top industries:

  • Travel
  • Logistics
  • Ad Tech

Beenos

beenos-logo

Their intro: BEENOS is a platform for startups. Our in-house team of entrepreneurs-in-residence and specialists help you get your ideas off the ground. We’re (the) experts in engineering, design, data science, and business management. We know how to launch a company in this ever changing IT industry, and we’d like to help establish and expand your present and future business.

Top funding stages:

  • Seed
  • Series A
  • Series B

Investment round range:

US$1,500,000 to US$2,500,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Philippines
  • Singapore

Top industries:

  • E-Commerce
  • Consumer Internet
  • Payments

Fenox Venture Capital

fenox-vc-logo

Their intro: Fenox Venture Capital is a Silicon Valley-based venture capital firm founded by an exceptional team of seasoned entrepreneurs and proven international business leaders. Fenox VC works with emerging technology companies worldwide and specializes in assisting entrepreneurs in North America achieve global expansion in Asian, European and Middle Eastern markets. Fenox provides early stage and final round funding and will also co-lead, follow, and partner with other angel syndicates and venture funds.

Top funding stages:

  • Seed
  • Series C
  • Bridge/Loan

Investment round range:

US$500,000 to US$4,000,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore
  • Thailand

Top industries:

  • E-Commerce
  • Media
  • Lifestyle

CyberAgent Ventures

cyberagent-ventures-logo

Their intro: CyberAgent Ventures constantly seeks for the next global innovation. We invest in venture companies in Internet-related businesses with outstanding global market potential led by entrepreneurs with excellent management leadership.

Top funding stages:

  • Series A
  • Series C

Investment round range:

US$2,500,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Thailand
  • Vietnam

Top industries:

  • E-Commerce
  • Consumer Internet
  • Finance

Wavemaker Partners

Wavemaker-logo

Their intro: We invest in a broad range of technology-driven companies in the US and Southeast Asia. The start-ups we invest in are Wavemakers. They are the catalysts for change. We like businesses that address huge market opportunities and create real value in a differentiated and defensible way. This means solving truly relevant problems, disrupting the status quo and/or creating fresh, addictive delight. We strive to be good Partners on their journey. We’re happy to be their investor and their sounding board, their cheerleader and their sparring partner, their drinking buddy but not their babysitter. We’re also just as happy to get out of their way.

Top funding stages:

  • Seed
  • Series A

Investment round range:

US$150,000 to US$1,500,000

Recent investees:

Top countries invested in:

  • Singapore
  • Hong Kong
  • Philippines

Top industries:

  • Enterprise Solution
  • Mobile
  • E-Commerce

National Research Foundation (NRF)

NRF-logo

Their intro: The National Research Foundation (NRF), set up on 1 January 2006, is a department within the Prime Minister’s Office. The NRF helps set the national direction for research and development (R&D) by developing policies, plans and strategies for research, innovation and enterprise. It funds strategic initiatives and builds up R&D capabilities by nurturing scientific talent. The NRF aims to transform Singapore into a vibrant R&D hub that contributes a knowledge-intensive, innovative and entrepreneurial economy, and make Singapore a magnet for excellence in science and innovation.

Top funding stages:

  • Seed

Investment round range:

US$418,000 to US$1,000,000

Recent investees:

Top countries invested in:

  • Singapore

Top industries:

  • General Software
  • Hardware
  • Enterprise Solution

GREE Ventures

gree-ventures-logo

Their intro: 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.

Top funding stages:

  • Seed
  • Series A
  • Series C

Investment round range:

US$1,000,000 to US$1,500,000

Recent investees:

Top countries invested in:

  • Singapore
  • Indonesia
  • Philippines

Top industries:

  • E-Commerce
  • Enterprise Solution
  • Gaming

IMJ Investment Partners

imjip_logo

Their intro: IMJ Investment Partners, a Singapore-based VC, is focused on investing in startups South East Asia and Japan. Our portfolio startups are nurtured based on our principles of operational support, equality and global outlook. In addition, startups have access to the complementary strengths of IMJ Corporation. IMJ Investment Partners provides direct operational support and connections for startups to achieve success.

Top funding stages:

  • Seed
  • Series A
  • Series B

Investment round range:

US$500,000 to US$1,500,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Philippines
  • Singapore

Top industries:

  • E-Commerce
  • Lifestyle
  • Consumer Internet

KK Fund

KK-Fund-logo

Their intro: KK Fund is a venture capital fund to invest in seed stage internet and mobile startups across Southeast Asia, Hong Kong, and Taiwan.

Top funding stages:

  • Seed
  • Bridge/Loan

Investment round range:

US$500,000 to US$550,000

Recent investees:

Top countries invested in:

  • Malaysia
  • Indonesia
  • Singapore

Top industries:

  • Consumer Internet
  • E-Commerce
  • Video

Sequoia Capital

sequoia-capital-logo

Their intro: Sequoia Capital helps founders turn imaginative ideas into enduring companies. As the “Entrepreneurs Behind the Entrepreneurs,” the Sequoia team has worked closely with legendary founders such as Steve Jobs of Apple, Larry Ellison of Oracle, Len Bosack and Sandy Lerner of Cisco, David Filo and Jerry Yang of Yahoo!, Max Levchin, Elon Musk and Peter Thiel of PayPal, Sergey Brin and Larry Page of Google, Steve Chen and Chad Hurley of YouTube, and Reid Hoffman and Jeff Weiner of LinkedIn. Sequoia is now helping the next generation of innovators build the lasting companies of tomorrow.

Top funding stages:

  • Series A
  • Series B
  • Series C

Investment round range:

US$1,600,000 to US$100,000,000

Recent investees:

Top countries invested in:

  • Singapore
  • Malaysia
  • Indonesia

Top industries:

  • Consumer Internet
  • Real Estate
  • Health Care

Ideosource

ideosource-logo

Their intro: Ideosource is an Indonesia-based incubator and venture capital firm investing in content, media, e-commerce and infrastructure development. Ideosource VC takes an activist approach. It incubates some companies, and with others it is still very much hands-on, giving them advice and access to their network of contacts in the industry. It also helps in areas such as strategic partnerships, intellectual property and marketing.

Top funding stages:

  • Seed
  • Series C
  • Bridge/Loan

Investment round range:

US$1,000,000

Recent investees:

Top countries invested in:

  • Indonesia

Top industries:

  • Lifestyle
  • E-Commerce
  • Gaming

Kickstart Ventures

kickstart-ventures-logo

Their intro: Kickstart Ventures Inc. puts big company resources – capital, facilities, expertise and business connections – behind startups, so investees can launch faster, and achieve scale and profitability sooner. Kickstart is a subsidiary of Globe Telecom, backed by SingTel and Ayala Corporation.

Top funding stages:

  • Seed
  • Series B

Investment round range:

US$112,000 to US$2,000,000

Recent investees:

Top countries invested in:

  • Philippines
  • Singapore

Top industries:

  • Professional Services
  • Ad Tech
  • Cloud Computing

Vietnam Silicon Valley

vietnam-silicon-valley-logo

Their intro: Vietnam Silicon Valley is a project powered by Ministry of Science and Technology (MOST) to stimulate the growth of technology startups in Vietnam.

Top funding stages:

  • Seed

Investment round range:

US$10,000

Recent investees:

Top countries invested in:

  • Vietnam

Top industries:

  • General Internet
  • Media
  • Professional Services

Golden Gate Ventures

Golden_Gate_Ventures_Logo

Their intro: We love great teams! We focus on companies building out consumer internet products and services for Southeast Asia. You’ll catch us frequently traveling between Singapore, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam. We prefer companies with a launched product (stealth is fine) or that have establish valuable distribution partnerships in the region.

Top funding stages:

  • Seed
  • Series A
  • Series B

Investment round range:

US$1,500,000 to US$6,000,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore
  • Thailand

Top industries:

  • Consumer Internet
  • Media
  • Sharing Economy

Emtek Group

emtek-group-logo

Their intro: Founded in 1983 as PT Elang Mahkota Teknologi (the Emtek Group), a company providing personal computer services, the Emtek Group has evolved into a modern, integrated group of companies with three main business divisions: Media, Telecommunications and IT Solutions, and Connectivity

Top funding stages:

  • Seed
  • Series A
  • Series D

Investment round range:

US$129,000,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore

Top industries:

  • E-Commerce
  • Lifestyle
  • Consumer Internet

Sinar Mas Digital Ventures (SMDV)

SMDV-logo

Top funding stages:

  • Series A
  • Bridge/Loan

Investment round range:

US$1,000,000 to US$12,000,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Thailand

Top industries:

  • Logistics
  • Lifestyle
  • Payments

Ardent Capital

Ardent-Capital-logo

Their intro: Ardent Capital is a team of experienced entrepreneurs with a history of successful exits throughout Southeast Asia and globally. We bring together all the key elements required to create great companies: Team, Strategy, Operations, Marketing, Technology, Capital, and Passion. We are thrilled and privileged to be participating in a technology revolution sweeping the region.

Top funding stages:

  • Seed
  • Series A
  • Bridge/Loan

Investment round range:

US$2,500,000 to US$12,000,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Thailand
  • Singapore

Top industries:

  • Logistics
  • Consumer Internet
  • E-Commerce

Vertex Ventures

vertex-ventures-logo

Their intro: Vertex Ventures is a wholly-owned subsidiary of Temasek Holdings, investing in emerging companies and leading venture capital funds throughout Greater Asia and the US.

Top funding stages:

  • Series A
  • Series B
  • Series C

Investment round range:

US$7,350,000 to US$65,000,000

Recent investees:

Top countries invested in:

  • Singapore
  • Indonesia
  • Malaysia

Top industries:

  • Social Networking & Communication
  • Logistics
  • E-Commerce

Crystal Horse Investments

Crystal_Horse_Investments logo

Their intro: Crystal Horse Investments is founded in Singapore and is mainly involved in angel investments. We like 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. We have a team of full-time dedicated professionals who gives active advice and support, such as providing fundings, expertise and networking to founders.

Top funding stages:

  • Seed
  • Series A

Investment round range:

US$177,000 to US$710,000

Recent investees:

Top countries invested in:

  • Singapore

Top industries:

  • Finance
  • Social Networking & Communication
  • Travel

NSI Ventures

nsi-ventures-logo

Their intro: NSI Ventures makes investments in early-stage technology companies based in Southeast Asia. Our typical investments are at Round A or B stage, where revenue traction is building and capital is required to drive rapid growth.

Top funding stages:

  • Series A
  • Series B
  • Series C

Investment round range:

US$6,500,000 to US$11,500,000

Recent investees:

Top countries invested in:

  • Singapore

Top industries:

  • Hardware
  • Lifestyle
  • Search & Discovery

WatchTower and Friends

watchtower-and-friends-logo

Their intro: WatchTower and Friends (WTF) is a company that is pursuing its vision of building a startup ecosystem that will raise an ever growing number of successful startups.

Top funding stages:

  • Seed

Investment round range:

US$13,500

Recent investees:

Top countries invested in:

  • Malaysia

Top industries:

  • E-Commerce
  • Education
  • Lifestyle

SB ISAT

SB-ISAT-logo

Top funding stages:

  • Series A
  • Series C

Investment round range:

US$4,000,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore

Top industries:

  • Enterprise Solution
  • Media
  • Professional Services

Majuven

majuven-logo

Their intro: Majuven is an early and growth stage VC fund founded by experienced business leaders in Singapore in 2012.

The Majuven Team has an excellent track record in co-founding, leading, funding and nurturing several successful ventures in the SEA region. The team’s ability to provide strategic guidance, access to market channels and to secure key projects and customers have proven to be the critical success factors for our investee companies.

Top funding stages:

  • Series A
  • Series B

Investment round range:

US$1,500,000 to US$7,350,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore

Top industries:

  • E-Commerce
  • Social Networking & Communication
  • Lifestyle

Rebright Partners

rebright-logo

Their intro: Venture Capital Firm based in Singapore and Tokyo, focus on seed to early stage Internet & Mobile startups in Southeast Asia, especially six countries: Indonesia, Malaysia, Philippines, Vietnam, Thailand, and Singapore.

Top funding stages:

  • Seed
  • Series A

Investment round range:

US$1,000,000 to US$1,500,000

Recent investees:

Top countries invested in:

  • Indonesia
  • Singapore

Top industries:

  • Consumer Internet
  • Lifestyle
  • Ad Tech

SPRING Singapore

spring-singapore-logo

Their intro: SPRING Singapore is the enterprise development agency responsible for helping Singapore enterprises grow. We work with partners to help enterprises in financing, capability and management development, technology and innovation, and accessing new markets. As the national standards and accreditation body, SPRING develops and promotes an internationally-recognised standards and quality assurance infrastructure that builds trust in Singapore enterprises, products and services, thereby enabling their global competitiveness and facilitating global trade.

Top funding stages:

  • Seed
  • Series A

Investment round range:

US$500,000

Recent investees:

Top countries invested in:

  • Singapore

Top industries:

  • Enterprise Solution
  • Hardware
  • Cloud Computing

Topica

topica-logo

Their intro: Topica Founder Institute is an accelerator program whose grads have raised nearly 10 million US dollars in three years. An early Topicainitiative was personally launched by then-Microsoft chairman Bill Gates. Topica employs 700 full-time staff, 1,400 part-time instructors and operates offices in Manila, Singapore, Bangkok, Hanoi, HCMC, and Danang.

Top funding stages:

  • Seed

Investment round range:

Undisclosed

Recent investees:

Top countries invested in:

  • Vietnam

Top industries:

  • Gaming
  • General Software
  • Design

Monk’s Hill Ventures

monks-hill-logo

Their intro: Monk’s Hill Ventures is a partnership of seasoned entrepreneurs who have built and backed global companies based both in Silicon Valley and Asia. We are a venture capital firm investing in technology startups that will take advantage of the fast growing Asian markets.

Top funding stages:

  • Series A

Investment round range:

US$2,500,000

Recent investees:

Top countries invested in:

  • Singapore
  • Philippines

Top industries:

  • Real Estate
  • Finance
  • Search & Discovery

1337 Ventures

1337_Accelerator_logo

Their intro: 1337 Ventures is an early stage investor in new and existing start-ups which operates with funding capital of RM5mil. All 1337 venture portfolio companies benefit from the 1337 Accelerator, a rigorous 12-week program that provides startups with access to venture and business networks, mentors, and initial capital to jump-start their young ventures.

Top funding stages:

  • Seed

Investment round range:

US$15,000 to US$30,000

Recent investees:

Top countries invested in:

  • Malaysia

Top industries:

  • Consumer Internet
  • Lifestyle
  • Music & Entertainment

TechGrind Incubator

techgrind_incubator-logo

Their intro: TechGrind is the largest organization of startup founders in Asia. Building Asia’s tech giants together through cooperation.

Top funding stages:

  • Seed

Investment round range:

US$500,000

Recent investees:

Top countries invested in:

  • Thailand

Top industries:

  • Health Care
  • Finance
  • Professional Services

Lippo Digital Ventures

lippo-group-logo

Top funding stages:

  • Series A

Investment round range:

US$2,000,000

Recent investees:

Top countries invested in:

  • Indonesia

Top industries:

  • Lifestyle
  • Search & Discovery

SoftBank Capital

softbank-logo

Their intro: SoftBank Capital provides venture funding and strategic support to exceptional entrepreneurs building disruptive enduring businesses. The firm manages over $600 million and invests across a company’s lifecycle, from seed to expansion stages. Through its close ties to a number of Asia’s leading mobile, internet and technology companies – including strategic partners SoftBank Corp, Yahoo! Japan and Alibaba Group – SoftBank Capital offers unique expertise to businesses seeking to address the Asian market. Since 1995, SoftBank Capital has worked with industry leaders such as Criteo, Gilt Groupe, OMGPOP (Zynga), betaworks, BuzzFeed, Buddy Media (Salesforce.com), Huffington Post (AOL), Associated Content (Yahoo!), Danger (Microsoft), Geocities (Yahoo!), E*Trade and Yahoo!

Top funding stages:

  • Series D
  • Series E
  • Bridge/Loan

Investment round range:

US$26,700,000 to US$250,000,000

Recent investees:

Top countries invested in:

  • Singapore
  • Indonesia
  • Malaysia

Top industries:

  • Consumer Internet
  • E-Commerce
  • Lifestyle

IncuVest

incuvest-logo

Their intro: IncuVest is a group of successful serial and corporate entrepreneurs with experience starting, building, and operating valuable companies. We invest in and mentor technology startups.

Top funding stages:

  • Seed

Investment round range:

US$418,000

Recent investees:

Top countries invested in:

  • Singapore

Top industries:

  • General Software
  • Professional Services
  • Clean Tech

Is your investment firm missing from this list? The content is generated from our internal database. Contact our research team at research@techinasia.com to get your data added. We’ll consider including you in the next version of this article.

By Leighton Cosseboom
Editing by Terence Lee and Erik Crouch; featured image from Wikimediadata by Tinnike Lie, Albert Martono, Li Soon, Elvina Tineke, Terence Lee, and Vanessa Tan

Source: https://www.techinasia.com/vietnamese-startup-tech-asia-jakarta


By Tâm Trần Thị Minh