VENTURE CAPITAL FIRMS IN SINGAPORE
Amid global economic fluctuations, Singapore maintains stability and resilience, which is evident in its Human Development Index, standard of living, business environment, tax compliance, and GDP growth. Singapore, positioned as a beacon of economic dynamism in Southeast Asia, continues to attract both founders and investors, drawn by its favorable environment for business innovation and growth. In this article, we will discuss the top venture capital firms in Singapore.
Singapore has emerged as a vibrant hub for venture capital and startups over the past few decades. Its small size belies its economic strength, backed by strong support structures including tax incentives, cash grants and financing schemes that nurture a thriving startup ecosystem. High-net-worth individuals, corporations and institutional investors contribute significantly to this success.
Singapore Venture Capital & Private Equity Association
Here is a list of some of the top venture capital firms in Singapore. These venture capital firms in Singapore are helping startups from different industries grow at different stages of funding.
Antler
Founded in 2017 by Magnus Grimeland,Fridtjof Berge, Dilan Mizrakli Landgraff, Vegard Medbo, and Jussi Salovaara. Antler supports highly motivated founders around the world, guiding them from inception to success. They collaborate with outstanding entrepreneurs on every continent to launch and grow startups that tackle critical global challenges. Antler is a global network of builders, investors, operators, experts, and partner organisations that support individuals from the very beginning of their entrepreneurial journey – whether they just have a team or a fully formed idea.
Industries: AI & ML, Consumer, Crypto & Blockchain, Cybersecurity, E-commerce, Fintech, SaaS, Gaming, Proptech & Real Estate, Internet & Mobile, Food & Beverage, Supply Chain & Logistics, Healthcare, MediaFunding stage: Pre-Seed, Seed, Early stage
SREDA
Life.SREDA, founded in 2012 by Slava Solodky and headquartered in Singapore, is a leading non-corporate VC fund focused exclusively on fintech. Life.SREDA is a global leader in fintech investing, having invested in over 20 startups with a focus on blockchain technology. The firm operates two funds: Life.SREDA I, valued at $40 million, and Life.SREDA II Asia, valued at $100 million, which support the rapid growth of innovative tech companies worldwide.
Industries: Banking, Fintech, Enterprise Software
Funding stage: All
Golden Gate Ventures
Founded in 2011 by Jeffrey Paine and Paul Bragiel, Golden Gate Ventures operates as a venture capital firm from its base in Singapore. It Specialises in early-stage investments, Golden Gate Ventures supports ambitious founders across three continents. The firm combines Silicon Valley expertise with a deep understanding of the emerging startup environment, building local connections while maintaining a global perspective. Over the past decade, Golden Gate Ventures has played a key role not only in funding founders but also in developing a thriving startup ecosystem for long-term growth.
Industries: Technology, FinTech, E-commerce, B2B, Edtech, Entertainment
Funding stage: Seed, Series A, A+
Singtel Innov8
Singtel Innov8 was founded in 2010 in Singapore as the venture capital arm of Asia’s leading telecommunications group Singtel. They invest in and partner with promising startups globally, leveraging the Singtel Group’s extensive presence across Asia, Australia and Africa, reaching over 770 million mobile subscribers. Innov8 Sparks connects startups with Singtel’s operations and telecommunications partners around the world, facilitating growth. Innov8 drives advancements in digital services and network capabilities.
Industries: Telecom., 5G Enterprise & Applications, Data Security
Funding stage: All
East Ventures
Founded in 2009 by Taiga Matsuyama, Wilson Kuaka, Batara Ato and Chandra Tjan, East Ventures operates as a sector-agnostic venture capital firm based in Singapore. It has evolved into a comprehensive platform providing multi-stage investment support from seed to growth stages for more than 300 technology companies in Southeast Asia and Japan. Committed to sustainable development and social impact, East Ventures integrates ESG principles into its initiatives and practices.
Industries: Agritech, Commerce, Crypto, Edtech, Fintech, Healthtech, SaaS
Funding stage: Seed, Series A
Openspace
Founded in 2017 by Jeevan Kalanithi, Philip DeCamp PhD, and Michael Fleischman PhD, OpenSpace specialises in reality capture and AI-driven analytics tools optimised for the construction industry, from pre-construction to operations. The company’s flagship product leverages artificial intelligence to automatically generate comprehensive, navigable photo representations of job sites to accelerate data collection compared to traditional methods. Additionally, their ClearSight product suite uses AI-driven analytics to measure project progress, enhancing collaboration and risk management more effectively than traditional text-based workflows. OpenSpace focuses on supporting companies that drive significant transformations where technology connects with everyday life.
Industries: Consumer, healthcare, finance, enterprise, and frontier technologies.
Funding stage: Early-stage venture
Innosight Ventures
Innosight operates as both a growth strategy consulting firm and an early-stage venture capital investor based in Boston. Specialising in Southeast Asian ventures, Innosight Ventures focuses on high-potential startups. Supported by its consulting team, Innosight has developed a proprietary methodology to identify, shape, and scale successful companies. The firm manages Innosight Ventures SE Asia Fund I through Innovation Partners Capital in Singapore, which aims to invest primarily in the media and information technology sectors. Their typical investment size ranges from US$1 million to US$3 million, with the aim of spurring innovation and growth within Southeast Asia’s startup ecosystem.
Industries: TMT, Healthcare, Finance, Consumer
Funding stage: Seed
Gobi Partners
Founded in 2002, Gobi Ventures is a leading venture capital firm headquartered in Kuala Lumpur, Malaysia, with additional operations in Hong Kong. Gobi Ventures is committed to fostering innovation in new markets and technologies. As a participant in the United Nations Global Compact, Gobi aligns its strategies with universal principles covering human rights, labour standards, environmental sustainability, and anti-corruption efforts. Gobi Ventures specialises in Asia-focused investments. Over the years, the firm has raised 17 funds and invested in 380 startups, supporting entrepreneurs from early to growth stages, particularly in emerging markets.
Industries: Healthcare, e-Commerce, Technology, Fintech
Funding stage: Seed, Series A, A+
Spiral Ventures
Founded in 2017 and headquartered in Singapore, Spiral Ventures Asia (SVA) specializes in investing in startups that address societal needs and foster innovation in Southeast Asia and India, which are seen as high-growth markets. Beyond financial support, SVA plays a key role in connecting corporations with emerging Asian startups, facilitating market access and collaboration to enhance overall value creation.
Industries: Fintech, Logistics & Transportation, AI, IoT
Funding stage: Seed
Monk’s Hill Ventures
Founded in 2014 and headquartered in Singapore, Monks Hill Ventures (MHV) is a venture capital firm founded by Kuo-Yee Lim PhD and Peng Ong. MHV specialises in early-stage investments, focusing on tech companies in Southeast Asia at the Pre-Series A and Series A stages. Backed by institutional investors and family offices globally, MHV collaborates with talented entrepreneurs to leverage technology to enhance the quality of life across the region.
Industries: FinTech, E-commerce, Technology, SaaS
Funding stage: Pre-Series A, Series A
Conclusion
The city-state has established itself as Asia’s leading venture capital hub, offering a strong regulatory environment, strategic location and thriving startup ecosystem. Singapore’s active support for innovation, coupled with access to multicultural talent and top research institutions make it highly attractive for VC investment.
Its geographic proximity to major Asian markets and the West enhances opportunities for entrepreneurs to expand their reach. In Singapore, securing the right investor among many competitive VC options is crucial but challenging. Crafting an engaging pitch deck is essential to standing out. In addition, government-backed microloan programmes administered by Spring Singapore and IE Singapore facilitate access to small loans from major financial institutions such as UOB, OCBC, DBS and Standard Chartered Bank. This can help startups that have difficulty getting funding in the early stages.
FAQs
What is venture capital in Singapore?
Venture capital in Singapore provides financial support to emerging and small enterprises that want to expand and grow. These firms focus on sectors such as healthcare, crypto, robotics, fintech, and high-growth technology. Specialised venture capital firms have been set up to target startups within these industries.
How many VCs are there in Singapore?
Singapore has a thriving VC ecosystem: over 1.18K VC funds and consistent deal activity indicate a healthy VC community.
How much do venture capitalists earn in Singapore?
According to venture capital salary statistics in Singapore as of June 26, 2024, represented employees earn $136,992; the pay rate is $11,416 per month, $2,854 per week, or $64.86 per hour, to be more precise.
