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Top 10 Internet VC Funds & Investors in Sri Lanka (November 2026)

The most active venture capital funds investing in Sri Lanka Internet startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sri Lanka Internet startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
BOV Capital
VC Fund
5 Sri Lanka, India, Switzerland Seed, Series A, Convertible Note E-Commerce, Retail, Internet $32k–$5.5M
Lankan Angel Network (LAN)
VC Fund
5 Sri Lanka, Singapore Angel, Seed, Series A E-Commerce, Internet, Fashion $11k–$616k
nVentures
VC Fund
2 Sri Lanka, Singapore, Bangladesh Pre-Seed, Seed Software, Financial Services, FinTech $25k–$2.5M
Capital Maharaja Group - CMG
VC Fund
2 Sri Lanka Series A SaaS, FinTech, Finance $120k–$175k
Browns Investments
VC Fund
1 Sri Lanka Series A Internet of Things, Artificial Intelligence, SaaS $147k–$160k
NVIDIA
VC Fund
1 United States, United Kingdom, France Series B, Series A, Seed Artificial Intelligence, Software, Machine Learning $120k–$650M
Western Economic Diversification Canada
VC Fund
1 Canada, Sri Lanka, United States Grant, Debt Financing, Seed Software, Health Care, Education $200k–$3M
Seedstars International Ventures
VC Fund
1 United States, Sri Lanka, Brazil Series A, Seed, Pre-Seed Artificial Intelligence, SaaS, Machine Learning $130k–$2.4M
Startup Grind
VC Fund
1 Sri Lanka, United States, India Series A, Seed, Non-Equity Assistance Artificial Intelligence, SaaS, Software $5.9k–$1.6M
Lanka Ventures PLC
VC Fund
1 Sri Lanka Seed Medical, Health Care, Medical Device
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Investor list

BOV Capital
VC Fund · Lkan, Ustecky kraj, Czech Republic · 5 investments in Sri Lanka Internet startups

BOV Capital is a Venture Capital Firm based in Sri Lanka and Singapore.BOV Capital was established to help Sri Lankan startups capture regional and global opportunities.BOV Capital will engage with ventures across all aspects of the business.

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Investment focus

  • Industry: E-Commerce, Retail, Internet
  • Stage:Seed, Series A, Convertible Note
  • Geography: Sri Lanka, India, Switzerland

Investor stats

  • Total investments: 20
  • Round size: Seed $32k–$50k; Series A $378k–$5.5M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2016

Portfolio highlights

  • nCinga — We are a technology investment and venture builder platform. We work on ideas and businesses demonstrating to create value leveraging data affinity, and automation.
  • Linear Squared — Linear Squared is specialized in data science and advanced analytics solutions in Sri Lanka and is home to the country's best resources in AI and ML and other big data technologies.
  • Roar Media — Unlock your content potential with Roar Media. We specialize in creating platform-specific content for global brands and agencies at scale.
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Lankan Angel Network (LAN)
VC Fund · Colombo, Western, Sri Lanka · 5 investments in Sri Lanka Internet startups

LAN is a group of investors who have a passion for promoting entrepreneurship. LAN comprises of individual investors, venture capitalist, and angel investors. First of its kind in Sri Lanka, LAN was officially launched with the purpose of bringing together the Sri Lankan investor and mentor community and to scale the startup ecosystem.

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Investment focus

  • Industry: E-Commerce, Internet, Fashion
  • Stage:Angel, Seed, Series A
  • Geography: Sri Lanka, Singapore

Investor stats

  • Total investments: 22
  • Round size: Seed $44k–$252k; Angel $11k–$224k; Series A $150k–$616k
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2015

Portfolio highlights

  • Mintpay — With Mintpay you can Shop Better, both online & in-store and Pay Better with features like, BNPL & Instant Cashback Rewards at 3,000+ partner brands in Sri Lanka.
  • Magicbit — Magicbit provides STEM kits for kids to create 100+ innovative projects in coding, robotics, IoT & electronics with project based learning.
  • Rebuild — Rebuild creates visually beautiful websites through AI automation while increasing speed, efficiency, and clever design solutions.
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nVentures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Sri Lanka Internet startups

nVentures is a Singaporean-Sri Lankan VC fund backing global B2B enterprise tech startups founded by South Asian founders.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Pre-Seed, Seed
  • Geography: Sri Lanka, Singapore, Bangladesh

Investor stats

  • Total investments: 16
  • Round size: Seed $100k–$2.5M; Pre-Seed $25k–$330k
  • Lead/follow: 69% lead, 31% follow

Portfolio highlights

  • Mintpay — With Mintpay you can Shop Better, both online & in-store and Pay Better with features like, BNPL & Instant Cashback Rewards at 3,000+ partner brands in Sri Lanka.
  • Dossiers — Dossiers brings onboarding, screening, and monitoring together into one platform. Fight financial crime with AI-powered trust infrastructure built for banks, fintechs, and financial institutions.
  • Shopbook — Record credit, send reminders, and collect payments on your phone. Free app for shopkeepers.
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Capital Maharaja Group - CMG
VC Fund · Colombo, Western, Sri Lanka · 2 investments in Sri Lanka Internet startups

Capital Maharaja Group offers private equity, hospitality, media, information technology, e-commerce, and logistics services.

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Investment focus

  • Industry: SaaS, FinTech, Finance
  • Stage:Series A
  • Geography: Sri Lanka

Investor stats

  • Total investments: 4
  • Round size: Series A $120k–$175k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jialin FinTech — ..
  • PDFBeacon (PVT) LTD — PDFBeacon (PVT) LTD pioneers the conversion of websites to PDF format with unparalleled speed and precision, leveraging cutting-edge AI technologies. Our innovative platform seamlessly transforms web content into high-quality PDF documents within seconds, ensuring utmost accuracy while preserving formatting and layout integrity.PDFBeacon offersmore than just PDF conversion services. With its AI-powered Text-to-Image Conversion Web App: https://html-pdf-conversion.com/text-to-image/, users can now transform their text into visually stunning images effortlessly. Leveraging cutting-edge generative AI technology, this innovative tool allows users to input their text and witness it being translated into captivating images in a matter of seconds. Whether you're looking to enhance presentations, create eye-catching social media content, or simply add visual flair to your written text, PDFBeacon's Text-to-Image Conversion Web App provides an intuitive and efficient solution for all your image creation needs.At PDFBeacon, we harness the power of artificial intelligence to revolutionize the way websites are archived, shared, and preserved. Our advanced algorithms meticulously analyze webpage structures, identify key elements, and dynamically adapt formatting to produce PDFs that faithfully mirror the original online experience.With our user-friendly interface and lightning-fast processing, PDFBeacon empowers individuals, businesses, and organizations to effortlessly capture web content for a myriad of purposes, including archival, documentation, and dissemination. Whether it's preserving online articles, archiving digital publications, or sharing website snapshots, our AI-powered solution delivers unparalleled efficiency and reliability.Backed by a team of seasoned AI experts and web development professionals, PDFBeacon remains at the forefront of innovation, continuously refining our technologies to meet the evolving needs of our users. Join us in reshaping the digital landscape, one PDF conversion at a time, with PDFBeacon.
  • .. — ....
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Browns Investments
VC Fund · Colombo, Western, Sri Lanka · 1 investments in Sri Lanka Internet startups

Browns Investments is an investment company. They provide investments in plantations, leisure travel, media, entertainment, marketing and construction, continue to develop their investments to enhance value, and also manage a portfolio of investments.

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Investment focus

  • Industry: Internet of Things, Artificial Intelligence, SaaS
  • Stage:Series A
  • Geography: Sri Lanka

Investor stats

  • Total investments: 4
  • Round size: Series A $147k–$160k
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Tekno Tutor — TeknoTutor is an AI-powered learning management system designed to transform education and corporate training. They offer a battery pack system.
  • AIIoTechnology — AIIoTechnology is a cutting-edge provider of AI-powered IoT solutions that help businesses revolutionize customer experiences, enhance operational efficiency, and drive growth. Our platform combines advanced analytics and intelligent tools to deliver actionable insights, enabling companies to understand customer behavior, tailor personalizedstrategies, and optimize service delivery.We specialize in AI-driven tools like Sentiment Analysis, which gauges customer emotions, Customer Segmentation for targeted strategies, and Dynamic Pricing that adapts to market trends. Additional features like Personalized Recommendations, Journey Tracking, and Satisfaction Scoring ensure an elevated customer experience and improved loyalty.By leveraging the power of AI and IoT, AIIoTechnology empowers businesses to make adaptive, data-driven decisions that streamline operations and ensure sustainable growth. From enhancing marketing strategies to enabling seamless customer interactions, our solutions are designed for immediate impact and long-term scalability.
  • Digital Quicklab — Digital Quicklab LMS Platform: Your Gateway to Advanced AI-Powered Online Learning Solutions.
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NVIDIA
VC Fund · Santa Clara, California, United States · 1 investments in Sri Lanka Internet startups, 97 in the past 12 months

NVIDIA develops full-stack software and enterprise hardware solutions used across automotive, healthcare, and data center industries. Organizations utilize NVIDIA technology to build generative artificial intelligence tools, run autonomous vehicle simulations, and accelerate medical research workflows.

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Series B, Series A, Seed
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 286
  • Round size: Seed $120k–$300M; Series A $245k–$650M; Series B $32M–$400M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Cohere — Cohere builds powerful models and AI solutions enabling enterprises to automate processes, empower employees, and turn fragmented data into actionable insights.
  • Simplismart — Fine-tune and deploy GenAI models with Simplismart's fastest inference engine. Get started with our optimized deployment for generative AI models & MLOps workflow.
  • Flapping Airplanes — Flapping Airplanes is an artificial intelligence research lab that focuses on advancing foundational AI technologies with an emphasis on data-efficient model development and fundamental research into next-generation learning approaches. The organization’s work centers on exploring alternative training paradigms that reduce dependency on massivedatasets and compute scale, aiming to enable systems that learn with efficiency more akin to human cognition rather than brute-force training methods. Its team includes researchers and technical experts pursuing long-horizon scientific challenges in AI architecture, training mechanisms, and algorithmic innovation. Flapping Airplanes engages with investors and collaborators to support its research agenda, backing efforts that expand the theoretical and practical frontiers of artificial intelligence without immediate commercial product constraints. While the lab operates primarily as a research-first initiative, its findings are intended to inform future applications in areas such as enterprise AI, robotics, scientific discovery, and decision systems. The company’s strategy reflects a shift away from traditional scale-focused AI development toward exploring deep, principled advances in learning efficiency and model capabilities.
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Western Economic Diversification Canada
VC Fund · Edmonton, Alberta, Canada · 1 investments in Sri Lanka Internet startups

As Canada's regional economic development agency for Western Canada, Western Economic Diversification Canada (WD) strives to maintain Western Canada’s competitive position by investing in projects and activities that help improve productivity and competitiveness through the development, adoption and commercialization of new technologies and business processes. WD also supports higher value-added production and access to international markets. Abundant natural resources, thriving technology and services sectors, and low business costs make Western Canada an attractive place to do business. Its geographic proximity to Asian markets, access to inland and sea ports, and excellent transportation services to locations throughout North America have created increased efficiencies in exporting products to international markets. Western Canada is a significant contributor to the overall Canadian economy. In 2014, Western Canada accounted for 38% of Canada’s real gross domestic product (GDP) by industry and 42% of Canada’s exported goods.1 Western Canada’s export activity is closely linked to the largest economy in the world, the United States, and increasingly to the large and growing economies of the Asia-Pacific. The United States is Western Canada’s closest trading partner accounting for roughly 77% of goods exported from Western Canada in 2014. In the same year, exports to the Asia-Pacific region accounted for roughly 15% of Western Canada’s total exports; a 24% increase over the past 5 years.2 Economic growth in Western Canada is anchored by the natural resources sector, with resource-based goods accounting for approximately 68% of total exported products in 2014. This focus has been a benefit to the economy by providing the foundation for the creation of industry clusters in sectors such as mining, forestry, oil and gas and agriculture.

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Investment focus

  • Industry: Software, Health Care, Education
  • Stage:Grant, Debt Financing, Seed
  • Geography: Canada, Sri Lanka, United States

Investor stats

  • Total investments: 32
  • Round size: Grant $200k–$3M; Debt Financing $276k–$2M
  • Lead/follow: 66% lead, 34% follow

Portfolio highlights

  • Co.Labs — We work with exceptional founders & teams to navigate the path from idea to $1M in annual revenue.
  • Virtual Gurus — Our virtual assistants provide superhero admin support to help busy organizations accomplish more. Find out today how our assistants in Canada and the United States can help you.
  • Offstreet Technology — Offstreet offers parking management software for license plate-based parking validations at gate free environments. Prepare your parking facility for LPR enforcement.
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Seedstars International Ventures
VC Fund · 1 investments in Sri Lanka Internet startups

Seedstars International Ventures is an investment firm Invest in pre-seed & seed-stage startups.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, Machine Learning
  • Stage:Series A, Seed, Pre-Seed
  • Geography: United States, Sri Lanka, Brazil

Investor stats

  • Total investments: 18
  • Round size: Seed $1.6M–$2.4M; Pre-Seed $150k–$1.2M; Series A $130k–$200k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • MatBook — Order cement, TMT bars, plumbing, electricals, paints, plywood and hardware from trusted brands at wholesale prices, delivered to your site.
  • Lorien Finance — Lorien Finance is a cross-border FinTech platform providing affordable student loans and retail banking services to immigrants (students and temporary workers) moving to the US.
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Startup Grind
VC Fund · San Francisco, California, United States · 1 investments in Sri Lanka Internet startups

Startup Grind is a startup community in 120 countries delivering education, connections, and opportunities to help startups and scaleups grow.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, Software
  • Stage:Series A, Seed, Non-Equity Assistance
  • Geography: Sri Lanka, United States, India

Investor stats

  • Total investments: 16
  • Round size: Seed $80k–$1.6M; Series A $135k–$200k; Non-Equity Assistance $5.9k–$50k
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Seo AI — SEO.ai is a pioneering digital marketing company that harnesses the power of AI technology to revolutionize the SEO landscape. By combining machine learning with deep SEO expertise, we empower businesses of all sizes to enhance their online presence. Our platform provides real-time insights and effortless automation, ensuring smarter keywordstrategies and optimized content quality.Key features of our platform include:AI-Powered Analysis: Advanced algorithms optimize content for maximum SEO impact.Real-Time Insights: Instant feedback and practical suggestions for better performance.Competitor Analysis: Valuable insights into competitor strategies to stay ahead.Smart Optimization: Keyword and content structure suggestions to rank better automatically.Our mission is to make enterprise-level SEO tools accessible to businesses of all sizes, ensuring they can navigate the complex digital terrain effectively. Whether you're a small startup or a large enterprise, our tools are designed to help refine keyword strategies, improve content quality, and gain valuable insights into competitor strategies. This enables our clients to enhance their online visibility and performance, ultimately driving more traffic and conversions.At SEO.ai, we're committed to helping businesses succeed in the digital age by providing innovative, user-friendly solutions that meet the evolving needs of the online market. Our goal is to empower businesses to thrive in the rapidly changing digital landscape, ensuring they stay competitive and achieve their online goals.
  • SteanWeb — SteanWeb is an innovative FinTech platform that integrates AI-powered customer relationship management (CRM) with advanced accounting tools, redefining how businesses manage operations. With SteanWeb, businesses can streamline workflows, automate invoicing, and access real-time financial insights, all from one powerful platform.Key Features:Integrated CRM & Accounting: Manage finances and customer relationships in one place. SteanWeb combines CRM tools with accounting features, enabling businesses to track sales, automate invoicing, and generate detailed financial reports—all from a single dashboard.Automated Invoicing & Payment Tracking: Simplify billing by automatically generating and sending invoices based on sales activity, contracts, or projects. Real-time payment tracking ensures businesses stay on top of receivables, minimizing overdue payments and administrative hassles.Real-Time AI-Based Predictions & Reports: Access up-to-date financial data with interactive reports on revenue, expenses, cash flow, and profits. SteanWeb’s powerful analytics deliver actionable insights for smarter, data-driven decision-making.With flexible pricing tailored to freelancers, small businesses, and enterprises, SteanWeb empowers organizations to save time, reduce errors, and drive smarter growth. Based in Trincomalee, Sri Lanka, SteanWeb is at the forefront of FinTech innovation, helping businesses unlock their full potential.
  • Classiq AI — Own ClassiqAi.com today. Secure checkout and guided transfer support. No hidden fees.
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Lanka Ventures PLC
VC Fund · Colombo, Western, Sri Lanka · 1 investments in Sri Lanka Internet startups

Acuity Partners is an investment management company. It supports, things, and investments in the energy and healthcare sectors. They offer products and services in fixed income securities, stock brokering, corporate finance, margin trading, asset management, and venture capital financing.

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Investment focus

  • Industry: Medical, Health Care, Medical Device
  • Stage:Seed
  • Geography: Sri Lanka

Investor stats

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

Portfolio highlights

  • Jendo Innovations — Empowering healthcare with cutting-edge vascular monitoring solutions.
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Internet VC funding in Sri Lanka at a glance

Stats across 12 deals from 10 investors.

10
investors
in Sri Lanka Internet startups
12
deals
in Sri Lanka Internet startups
$120k
median round
in Sri Lanka Internet startups
30%
lead investors
lead at least one round
33%
Seed
most common funding stage

Access all 10 VC funds in Sri Lanka Internet startups.

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