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Top 10 Finance VC Funds & Investors in Myanmar (August 2026)

The most active venture capital funds investing in Myanmar Finance startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Myanmar Finance startup companies. Find investors to raise a Seed, Series A or Debt Financing round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Proparco
VC Fund
1 India, Kenya, Nigeria Debt Financing, Seed Financial Services, Finance, Energy $300k–$140M
BOPA
VC Fund
1 India, Myanmar Pre-Seed Finance, Financial Services, Credit
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$99M
Insitor Partners
VC Fund
1 India, Cambodia, Pakistan Seed, Series A Financial Services, FinTech, Finance $736k–$6M
Danish Investment Fund for Developing Countries
VC Fund
1 France, Zambia, Myanmar Private Equity, Venture - Series Unknown Energy, Renewable Energy, Water
Incofin Investment Management
VC Fund
1 India, Kenya, Rwanda Series A, Series B, Debt Financing Financial Services, Finance, Banking $3M–$46M
Asia Impact Investment Fund
VC Fund
1 Myanmar Finance, Non Profit, Association
Norfund
VC Fund
1 Kenya, South Africa, Nigeria Private Equity, Debt Financing Financial Services, Energy, Renewable Energy $2.2M–$156M
Daiwa PI Partners
VC Fund
1 Myanmar, Vietnam, Malaysia Series B, Venture - Series Unknown, Seed E-Commerce, FinTech, Finance $8M–$51M
agRIF
VC Fund
1 Myanmar Series A Rental, FinTech, Finance
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Investor list

Proparco
VC Fund · Paris, Ile-de-France, France · 1 investments in Myanmar Finance startups

Proparco is devoted to private sector funding in the sustainable development sector.

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Investment focus

  • Industry: Financial Services, Finance, Energy
  • Stage:Debt Financing, Seed
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 90
  • Round size: Seed $1.2M–$13M; Debt Financing $300k–$140M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Nuru — Nuru is a solar hybrid site. Nuru (Swahili for "light") is a company dedicated to enhancing connectivity in the Democratic Republic of Congo. Nuru deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma, the largest off-grid mini-grid in sub-Saharan Africa.Nuru is arenewable and environment company that specializes in the fields of storage micro-grids and solar energy. The company deployed Congo's first solar-based mini-grid in 2017 and is currently constructing a 1.3MW solar hybrid site in Goma.Nuru was founded in 2015 and headquartered in Goma, Nord-Kivu, Congo.
  • Ecoener
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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BOPA
VC Fund · Singapore, Central Region, Singapore · 1 investments in Myanmar Finance startups

BOPA is a Singapore-based equity investor in microfinance institutions.

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Investment focus

  • Industry: Finance, Financial Services, Credit
  • Stage:Pre-Seed
  • Geography: India, Myanmar

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Navadhan Capital — Navadhan Capital offers capital to under-banked households.
  • Alliance for Microfinance in Myanmar — Microfinance in Myanmar
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Myanmar Finance startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 66
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$99M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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Insitor Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Myanmar Finance startups

Insitor Partners pioneered impact investing as the first impact fund manager to set up operations in Southeast Asia, and a pioneer investor in India and Pakistan. We back entrepreneurs building life-changing solutions for low-income consumers.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: India, Cambodia, Pakistan

Investor stats

  • Total investments: 34
  • Round size: Seed $736k–$2.5M; Series A $1.8M–$6M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $42M in 2022

Portfolio highlights

  • HROne — HROne helps companies to automate the employee lifecycle. Awarded best cloud-based software in India & trusted by 4+ lacs users across 18+ industries.
  • Boost Capital — Boost Capital is a fintech company that offers online microfinance services at lower rates. It uses innovative technology to pre-qualify customers within minutes of applying for a loan based on ability and probability to repay. Boost Capital enables both collateralized and uncollateralized loans, with loan size across the small business spectrum(from $100 to $10,000). Its platform automates the loan application for MFI partners and allows customers to hear back on their loan applications 100x faster than through traditional paper-based loan applications.The company was founded in 2018 and is headquartered in Singapore.
  • Butterfly Learnings — Butterfly Learnings is a Leading ABA Therapy, Speech Therapy, and Occupational Therapy Center for parents with special needs children having autism, ADHD, speech delays, down syndrome, learning disabilities & much more.
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Danish Investment Fund for Developing Countries
VC Fund · 1 investments in Myanmar Finance startups

Danish Investment Fund for Developing Countries

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Investment focus

  • Industry: Energy, Renewable Energy, Water
  • Stage:Private Equity, Venture - Series Unknown
  • Geography: France, Zambia, Myanmar

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Eranove — The Eranove group counts more than 9000 employees all engaged in developping hydroelectric solutions to allow all the pan african citizens to access electricity and drinking water
  • Africa GreenCo — Our mission - addressing creditworthiness to increase generation and growth of renewable energy markets through partnerships and innovative solutions.
  • Alliance for Microfinance in Myanmar — Microfinance in Myanmar
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Incofin Investment Management
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Myanmar Finance startups

Incofin Investment Management (Incofin IM) manages funds that invest in microfinance institutions (MFIs) in developing countries. MFIs provide financial services, such as credits, savings and insurances, to people who cannot have recourse to regular banks. As a specialist in rural microfinancing, Incofin IM’s main goal is to reach out to people wholive in more secluded rural areas and/or who are active in the agricultural sector.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Series A, Series B, Debt Financing
  • Geography: India, Kenya, Rwanda

Investor stats

  • Total investments: 39
  • Round size: Series A $4M–$8.1M; Series B $3.5M–$46M; Debt Financing $3M–$10M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $42M in 2023

Portfolio highlights

  • SuperZop — SuperZop is an Agri-commerce platform for Kirana stores that is transforming the unorganized retail sector with the use of disruptive technologies and process innovations. The platform also specializes in distribution, retail, technology, supply chain, B2B. It also has the goods delivered at his shop in quick time and easy to use vernacularinterface the retailer can order all his grocery demands with a click of a button.SuperZop was founded in 2016 and is headquartered in Ahmedabad, Gujarat, India.
  • Save Solutions — Elopments of the weaker section of the community/society as well as society in general under the respective philosophy of Indian Constitutional Justice, Liberty, Equlity & Fraternity as Socialist, Secular, Democratic, people's welfare Society for the National Development and Management through alternative naturing system of IndianSocial Service in participatory way.
  • Ace International — ACE International manufactures and distributes dairy powders, milk proteins, and other food grade components.
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Asia Impact Investment Fund
VC Fund · 1 investments in Myanmar Finance startups

Asia Impact Investment Fund

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Investment focus

  • Industry: Finance, Non Profit, Association
  • Geography: Myanmar

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Tiantianxuenong — Tiantianxuenong develops and owns an agricultural technology knowledge learning platform in China.
  • Alliance for Microfinance in Myanmar — Microfinance in Myanmar
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Norfund
VC Fund · Oslo, Oslo, Norway · 1 investments in Myanmar Finance startups

Norwegian investment fund for developing countries

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Investment focus

  • Industry: Financial Services, Energy, Renewable Energy
  • Stage:Private Equity, Debt Financing
  • Geography: Kenya, South Africa, Nigeria

Investor stats

  • Total investments: 104
  • Round size: Debt Financing $2.2M–$156M; Private Equity $7.4M–$125M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • CrossBoundary — CrossBoundary Energy's renewable energy solutions help decarbonize enterprise by providing cleaner, cheaper and more reliable power.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
  • Yarych Confectionery — Yarych Confectionery operates as a packaged biscuits producer. Yarych Confectionery provides packaged biscuits market with its branded Maria, petit beurre and The Crackers biscuits.
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Daiwa PI Partners
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Myanmar Finance startups

Daiwa PI Partners is a private equity firm focused on non-performing loan investments and energy investments.

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Investment focus

  • Industry: E-Commerce, FinTech, Finance
  • Stage:Series B, Venture - Series Unknown, Seed
  • Geography: Myanmar, Vietnam, Malaysia

Investor stats

  • Total investments: 9
  • Round size: Series B $10M–$51M; Venture - Series Unknown $8M–$45M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • WHILL — WHILL designs and creates personal mobility products for indoor and outdoor applications. WHILL is making transportation enjoyable and smart for everybody. It aims to change the perception of mobility devices such as wheelchairs and scooters through advanced technology and smart design.
  • Carsome — Carsome is an online used car platform that provides efficient car selling services to individuals and entities. Through its online bidding portal, customers are able to sell their vehicles directly to dealers. Carsome facilitates the entire car selling process from inspection to valuation, bidding, and payment as well as logistics needs, allowingthe customers to sell their cars.It was founded in 2015 and headquartered in Malaysia, the company has expanded to Indonesia, Thailand, and Singapore.
  • Quantifeed — Quantifeed is Asia's leading digital wealth management platform for financial institutions.
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agRIF
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Myanmar Finance startups

agRIF is an impact-focused fund managed by global impact asset manager Incofin Investment Management.

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Investment focus

  • Industry: Rental, FinTech, Finance
  • Stage:Series A
  • Geography: Myanmar

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Rent 2 Own(Myanmar) — Rent2Own is the first company in Myanmar offering a flexible rental service to help prospective buyers acquire asset . Providing tailored options to those in need of asset, but lacking the means to buy in one go. Their main focus is helping entrepreneurs, often farmers, to buy the asset they need to generate income and grow their business.Life isdynamic and ever changing and they help their clients adapt to new circumstances with their flexible contracts that include maintenance and insurance. The contracts can be adjusted anytime and early-terminated without penalty. Thinking about swapping your old motorcycle for a new one? Rent2Own offers the possibility to upgrade. In addition, the option to purchase the bike is available for the whole duration of the contract. After all payments are completed, the ownership of the bike is transferred to the client. They take pride in improving rural mobility. The impact of the availability of transportation can be hardly overstated. A motorcycle helps kids go to school and receive an education. It makes it possible for farmers to sell their products at more distant markets, where they might fetch a higher price. And for those who have found a job further away, a motorcycle allows them to commute.
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Finance VC funding in Myanmar at a glance

Stats across 6 deals from 13 investors.

13
investors
in Myanmar Finance startups
6
deals
in Myanmar Finance startups
$4M
median round
in Myanmar Finance startups
46%
lead investors
lead at least one round
33%
Debt Financing
most common funding stage

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