When it comes to the local scene in Singapore, the top 10 VC investors ought to come as no surprise to anyone. The influence that they have on the local start-up ecosystem is quite obvious given their sheer size and reach, which not only allows them to get their paws on some of the most promising startups in the region from the get-go, but also gives them an edge when it comes to pre-empting other foreign investors looking for a piece of the pie.
Top Venture Capital firms in Singapore
1. Vertex Ventures
Vertex Ventures is a global network of operator-investors who manage portfolios in the U.S., China, Israel, India and Southeast Asia. The firm is a trusted partner to some of the world’s most innovative entrepreneurs, supporting them with unmatched operating experience and deep access to the capital, talent, partners and customers they need to build truly global businesses.
Total fund size: $6B
Vertex Ventures's most notable exits include Grab, SES, and Yatra.
Antler is a global early-stage venture capital firm that invests in the defining technology companies of tomorrow. The firm has offices across five continents and most major entrepreneurial hubs, including cities such as London, New York, Singapore, and Sydney Founded in Singapore in 2017, Antler is on a mission to fundamentally improve the world by enabling and investing in the world's most exceptional people building the defining companies of tomorrow. Antler has already invested in over 300 companies since its launch. Of these companies, 40% have at least one female co-founder, and the founders represent 70 nationalities. Antler enables exceptional people to build impactful technology startups by building complementary co-founder teams, supporting the teams with deep business model validation, and providing a global platform for scaling their startups.
Total fund size: $82.2M
Antler's most notable exits include Fanfix, Cognicept Systems, and Digiduka.
BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish a platform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has invested in over 180 companies globally.
Total fund size: $368.6M
BEENEXT's most notable exits include Coins.ph, GoZefo, and Voonik.
GIC is a global investment firm established in 1981 to manage Singapore's foreign reserves. A disciplined long-term value investor, GIC is uniquely positioned for investments across a wide range of asset classes, including equities, fixed income, private equity, real estate, and infrastructure. GIC invests through funds and directly in companies, partnering with its fund managers and management teams to help world-class businesses achieve their objectives. In tech investing, GIC seeks to be a lifetime partner to the companies it invests in. GIC has investments in over 40 countries around the world. Headquartered in Singapore, GIC employs over 1,700 people across 10 offices in key financial cities worldwide.
GIC's most notable exits include Flipkart, NIO, and Delhivery.
5. JAFCO Asia
Since its establishment in 1990, JAFCO Asia has grown to become a leading brand in the venture capital industry in the Asia Pacific region. Currently, JAFCO Asia has offices in Singapore, Hong Kong, Taipei, Seoul and Beijing.
With more than US$1.2 billion funds under management in aggregate, JAFCO Asia's experienced investment team has invested in over 368 companies in 13 countries (Hong Kong, China, Taiwan, South Korea, Singapore, Malaysia, Indonesia, Thailand, Philippines, Australia, India, Israel and Vietnam) and divested more than 260 companies of which at least 86 have been publicly listed.
Since the new millennium, JAFCO Asia has shifted its focus entirely to technology related investments and is now one of the pre-eminent venture capital technology investors in the region. They believe that their existing portfolio in the Asia Pacific region and the worldwide business network offer their portfolio companies significant potential for synergistic partnerships.
Total fund size: $2.1B
JAFCO Asia's most notable exits include MediBuddy, Virtusa, and Dynavax Technologies.
Investing since 1991, EDBI is a Singapore-based global investor in select high growth technology sectors ranging from Information and Communication Technology (ICT), Emerging Technology (ET), Healthcare (HC), and other strategic industries. As a value creating investor, EDBI assists companies achieve their ambitious goals by leveraging their broad network, resources and expertise. With their patient capital, EDBI supports companies seeking to grow in Asia and globally through Singapore.
EDBI's most notable exits include WalkMe, Taulia, and LogRhythm.
7. Jungle Ventures
Jungle Ventures is a Singapore based Venture Capital Firm that invests in and helps build tech category leaders from Asia. Jungle has a dedicated team of operating partners and functional experts to support startups as they scale across the region. The firm closed its second fund in 2016 at US$100M, backed by leading institutions and family offices. Jungle is currently raising its third fund targeted to be US$200M.
Total fund size: $1.2B
Jungle Ventures's most notable exits include PaySense, iflix, and Tookitaki.
8. Golden Gate
Golden Gate seeks to invest in sectors of processes and services of businesses, mobile solutions, Software-as-a-Service, e-commerce, financial technology, Internet of things, technology, telecommunications, and media in Southeast Asia. Jeffrey Paine, Paul Bragiel, and Vinnie Lauria founded it on November 1, 2011, with its headquarters in Singapore.
Total fund size: $280M
Golden Gate's most notable exits include RedMart, MoneySmart, and Chilibeli.
Hatcher+ is a global data-driven early-stage venture firm and we have analyzed over 600,000 VC transactions and constructed over 4 billion virtual VC portfolios to explore the return profiles of various strategies. The insights have led us to build a smart beta, indexed like approach to venture investing that delivers robust, predictable returns,global deal flows from our massive global network of deal origination partners and co-investment opportunities. The Hatcher+ VAAST (Venture-as-a-Service Technology) platform is the world’s most advanced venture as a service technology platform – VAAST enables investors to analyze deals, build custom portfolios, manage tasks and teams – and accept inbound applications from startups via a branded interface.
Total fund size: $14.5M
HATCHER+'s most notable exits include CityGrows, DropSuite, and Boost.
10. Insignia Ventures Partners
Insignia Ventures Partners is a venture capital firm that specializes in startup investment. Insignia Ventures Partners is an investment firm managed by a former Sequoia Asia partner, Yinglan Tan.
Total fund size: $320M
Insignia Ventures Partners's most notable exits include Warung Pintar and YukStay.