Singapore is undeniably one of the small city-states that continually impress with her thriving economic system.
This can be greatly seen in the number of startups that are growing in the country. Just in 2015, the number of start-ups reached 48,000.
One of the reasons behind the rise is the presence of venture capital firms. The role these firms have is to provide capital, technical resources and business advice to increase their likelihood of success.
Venture capital firms, as explained in Investopedia, are a group of investors, investment banks, and any other financial institution that provides venture capital. Note that on the other hand, an individual investor who invests in startup is called angel investor.
[Free Ebook] How should you invest your first $20,000?
We asked 14 Singapore finance bloggers to share what they would do if they could go back in time and invest their first $20,000. They can no longer rewind time, but you can learn from their experience and hopefully start with a better footing.
Venture capital is financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential. Venture capital generally comes from well-off investors, investment banks and any other financial institutions.
Here are the 50 best venture capital firms in Singapore (in alphabetical order).
Note: Not all have office in Singapore.
1. 500 Startups
2. 8capita Partners
8capita Partners invests through partnership mainly on mobile and internet companies. They live by their mission: “We Fund Executable Ideas & Exceptional Talent.”Recent Investment: It invested in Hipflat, a Thai property e-market place, this year and raised $1.3 million
ACP is a venture capital firm based in Singapore that specializes in early stage or pre-A round investments. Behind it is a team of experienced investors, entrepreneurs, and operators.
Recent Investment: This June 2017, ACP helped Shopmatic raise $5,700,000.
4. B Capital Group
B Capital Group is a venture capital firm of Facebook’s co-founder Eduardo Saverin who is also a prominent angel investor in Singapore. It launched in 2014 with a $144 million venture fund focused on India, South-east Asia and the US.Recent Investment: It invested in Mswipe Technology just this December with $10,000,000.
5. BioVeda Capital
BioVeda Capital primarily invests in healthcare companies. Furthermore, it serves as a business and scientific bridge between companies in the East and West.
Recent Investment: It invested in Aslan Pharmaceuticals (ASLAN), which raised an additional $9 million to close its Series C financing round at $43 million. In February, it also invested in Sense.ly in February with $8,000,000
6. COENT Venture Partners
COENT is a venture capital firm that provides seed and venture-stage funding to entrepreneurs and companies in Asia.
Recent Investment: It invested with Gnowbe this May raising $1,700,000.
7. Cento Ventures (previously DMP)
DMP who changed in Cento Ventures invests in emerging digital markets, primarily in Southeast Asia, for the development of the consumer Internet and its supporting infrastructure.
Recent Investment: Its recent investment was with Jirnexu just this October 2017, which raised $2,000,000.
8. Crystal Horse Investments
Crystal Horse Investments is an angel investor founded in Singapore. It supports passionate, hardworking, and ethical business founders.
Recent Investment: It invested in ProperHands which raised $177,000.
EDBI is the Economic Development Board of the government’s corporate investment arm. It invests in sectors of biomedical sciences, information and communication technology, and select industry clusters.
Recent Investment: Just this December 20, it invested in Tessa Therapeutics, which raised $80,000,000.
10. East Ventures
East Ventures is a Singapore-based VC that provides early stage seed capital to promising startups. It has a total of 6 offices in Jakarta, Tokyo, and San Fransisco, and has invested in over 150 companies across Asia and the US.
Recent Investment: This 2017, East Ventures announced its fifth fund worth US$27.5 million for investing.
Expara has been operating since 2003 as founded by VC, Douglas Abrams who is also an entrepreneur, angel investor, and educator working in Singapore since 2000.
Recent Investment: It is the lead investor of WisePass who in October 2017 raised $400,000.
12. Far East Ventures
Far East Ventures is a corporate VC and claims to be the largest property developer in Singapore. It focuses on startups in the US and Southeast Asia.
Recent Investment: It helped RedMart raised $26,700,000 in 2015.
13. Fenox Venture Capital
Fenox Venture Capital’s headquarter is in Silicon Valley and has presence in Singapore, Indonesia, Japan, Korea, and the Middle East. It invests in early and growth stage companies.
Recent Investments: It was the lead investor of AOS Mobile raising $2,700,000 this November.
14. Global Brain Corporation
Global Brain Corporation is a Japanese venture capital based in Tokyo, Singapore, Seoul and San Francisco. It invests in startups in Asia, Israel, and the US. It claims to have a broad network of Japan’s major corporations.
Recent Investment: It made a number of investments this year. The latest is with Allganize raising $10,000,000 as the lead investor.
15. Gobi Partners
Gobi Partners has offices in Singapore and is an early stage venture capital firm for IT and digital media investments in China.
Recent Investment: Gobi’s recent investment was on August 2017 to Eko. It helped Eko raised $2,000,000.
16. Golden Gate Ventures
Golden Gate Ventures invests on companies building out consumer Internet products and services for Southeast Asia.
Recent Investment: Among a number of investments, in November, Golden Gate Ventures invested in MyMusicTaste raising $11,000,000.
17. Gree Ventures
Gree Ventures is a Japanese venture capital present in Singapore. It invests in early stage Internet and mobile companies across Asia.
Recent Investment: Among the number of investments it did this year, its latest was with Buildsupply this December.
Hatcher is a venture capital firm that provides investments on B2B startups with features including finance and CRM support for investors, centralized knowledge banks, and access to its network of investors and mentors.
Recent Investment: In October of this year, 2017, it invested on Venture Round, which raised 3,500,000.
19. Hera Capital Partners
Hera Capital Partners is an “entrepreneurial investment firm” that backs companies in the consumer, media, retail, and technology space.
Recent Investment: In 2016, it was the lead investor for SaladStop! Which raised SGD5,000,000.
20. Incubate Fund
Incubate Fund is an early stage venture capital fund from Tokyo with a presence in Singapore. It runs a startup accelerator in Japan called Incubate Camp.
Recent Investment: Incubate invested in Meleap this November helping it raise ¥300,000,000.
21. Intel Capital
Intel Capital is the corporate venture arm of Intel with presence in Singapore. It invests in companies in the growth stage and above.
Recent Investment: Together with other investors, Intel Capital helped GenXComm secured $7,000,000 just this December.
IncuVest is a Singapore-based group of angel investors with experience starting and building innovative companies. It consists of a group of experienced entrepreneurs.
Recent Investment: This April, IncuVest helped CLOP Technologies raise $1,000,000.
23. Innosight Ventures
Innosight Ventures is a Singapore-based early-stage venture investment firm. It invests in high-potential Southeast Asian ventures with the help of the Innosight Consulting Team.
Recent Investment: In 2015, it invested in Capital Match raising SGD$1,000,000.
24. JAFCO Asia
JAFCO Asia was establishment in 1990 and has since grown to become a leading brand in the venture capital industry in the Asia Pacific region.
Recent Investment: It invested in AdAsia Holdings this April which, raised $12,000,000.
25. Jungle Ventures
Jungle Ventures is a Singapore-based venture firm that funds and helps startups across Asia Pacific. It invests in global startups that are solving problems relevant to Asia Pacific markets.
Recent Investment: One of its latest investments this year among the 10 listed in CrunchBase went to Smartkarma with $16,000,000.
26. Kathrein Ventures
Kathrein Ventures is a micro-venture capital fund that finances startups in Southeast Asia and Latin America.
Recent Investment: In 2016, it partnered with Malaysia's early startup influencer Cradle Fund Sdn Bhd and more to put $3,600,000 together in tech startups.
27. KK Fund
KK Fund is a venture capital fund that invests in seed stage Internet and mobile startups across South East Asia, Hong Kong and Taiwan.
Recent Investment: This December, it invested in Venteny Inc, which raised $2,300,000.
Life.Sreda is an international VC firm established in 2012 in Singapore and has already invested in more than 20 FinTech companies around the world.
Recent Investment: In 2015 it invested in Ayannah raising $3,000,000.
Majuven is an early and growth stage venture capital fund founded in Singapore in 2012. One of its founding partners is Lee Hsien Yang, the brother of Singapore’s Prime Minister Lee Hsien Loong.
Recent Investment: One of its two investments this year last August went to M17 Entertainment with $40,000,000 raised.
30. Monk’s Hill Ventures
Monk’s Hill Ventures is a venture capital firm that invests in technology startups that will take advantage of Southeast Asian markets. It was made through a partnership of well-established entrepreneurs based both in Silicon Valley and Asia.
Recent Investment: Monk's Hill Ventures made three investments this year. Its latest is with Horangi raising $3,100,000.
31. New Asia Investments
New Asia Investments is an investment firm that focuses on medtech, cleantech, and industrial innovatons. It is supported by the ESVF scheme and invests in growth stage startups.
Recent Investment: In 2015, it invested in Doc Hoa Water Plant; owning 90% of it.
32. NSI Ventures
NSI Ventures invests in early-stage technology companies based in Southeast Asia. It typically invests at the series A or B stage.
Recent Investment: One of four of its investments this year happened this December with Biofourmis raising $5,000,000.
33. OPT SEA
OPT SEA is a subsidiary of Japanese e-marketing company Opt. It invests in Southeast Asian Internet business.
Recent Investment: In 2016, it invested with 90 Seconds and helped raised $10,000,000.
34. Pix Vine Capital
Pix Vine Capital is a Singapore-based investment house that provides early-stage venture capital to startups in info-tech, med-tech and fintech.
Recent Investment: It made two investments this year. The latest is with ElastiMed this September raising $1,000,000.
35. Quest Ventures
Quest Ventures is based in China and Singapore. It is a leading venture fund for companies that have scalability in large internet communities.
Recent Investment: It invested in both Eatsy and Hapz this year. The latter raised SGD680,000.
36. Qualgro Venture Capital
Qualgro Venture Capital is a venture capital fund investing in Southeast Asia and Asia Pacific technology startups at Series A and Series B.
Recent Investment: This December, it helped Fluen Commerce raise $6,500,000.
37. Rakuten Ventures
Rakuten Ventures is an early stage corporate venture capital fund that focuses on Internet services startups.
Recent Investment: This year it invested in a number of companies. The latest is with OneSignal raising $7,000,000.
38. Rebright Partners
Rebright Partners is a venture capital firm based in Singapore and Tokyo. It focuses on seed to early stage Internet and mobile startups in Southeast Asia.
Recent Investment: This December, it invested in DocsApp - Chat with Specialist Doctors 24/7, which raised $7,200,000.
39. SEGNEL Ventures
SEGNEL provides seed and venture-stage funding to brilliant entrepreneurs and companies across the South Asian and South East Asian Region
Recent Investment: This year it invested in Parentune in a series A Funding Round.
40. Sequoia Capital
Recent Investment: It invested in a lot of companies. Among its latest just this Dec 20 with Carbo raising $200,000,000.
41. Singtel Innov8
Singtel Innov8 is the venture capital arm of regional telco group Singtel. It invests in and partners with tech startups worldwide. It has a fund size of US$250 million.
Recent Investment: Quoble raised $25,000,000 from Singtel Innov8.
42. SPH Media Fund
SPH Media Fund is the corporate venture arm of Singapore Press Holdings. It is focused on investments in the consumer tech and media sector.
Recent Investment: Its latest investment, among a number, made this year went to Snapcart which raised $10,000,000.
43. Spiral Ventures
(previously IMJ Investment Partners)
Spiral Ventures is a Singapore-based VC focused on investing in startups in Southeast Asia and Japan. It is the subsidiary of Japanese web and mobile marketing firm IMJ Corporation.
Recent Investment: In October 2017, it invested in CLUE, which raised $3,300,000.
44. Tembusu Partners
Tembusu Partners is a Singapore-based private equity firm focused on investments in growth stage companies.
Recent Investment: It is the lead investor of this year’s funding for Taiger and raised $5,800,000.
45. Tri5 Ventures
Tri5 Ventures is an early stage fund investing in and accelerating growth of consumer-facing technology companies.
46. UOB Venture Management
UOB Venture Management Private Limited (UOBVM) finances privately held companies through direct equity investment, mainly in Southeast Asia and China. It is a subsidiary of United Overseas Bank (UOB) Limited.
Recent Investment: This August, it was the lead investor if Yuanyu Radio which raised $90,000,000.
47. Upstream Ventures
Upstream Ventures focuses on early-stage venture to build high-growth enterprises in Asian and global markets in sectors like Internet, interactive digital media, mobile and wireless, security and biometrics, and semiconductors.
Recent Investment: Back in 2007, it invested in Delta Hydrocarbons which raised $750,000,000.
48. Vertex Ventures
Vertex Ventures is a subsidiary of Temasek Holdings, investing in emerging companies and venture capital funds throughout Greater Asia and the US.
Recent Investment: It raised $210 million to invest in regional startups.
49. Walden International
Walden International is an international venture capital firm with over US$2.3 billion in committed capital. It invests in early stage technology firms in sectors such as internet and digital media, mobile, software, semiconductor, communications, and cleantech.
Recent Investment: This November, it invested in TechinAsia which raised $6,600,000.