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Top 50 Startup Investors in Myanmar (October 2026)

The most active venture capital funds and angel investors investing in Myanmar startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Myanmar startup companies. Find investors to raise a Seed, Series A or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Seed Myanmar
VC Fund
6 Myanmar Seed, Venture - Series Unknown Apps, Delivery, Software $100k–$200k
Blibros AB
VC Fund
3 Sweden, Myanmar, United States Venture - Series Unknown, Seed, Series A Retail, Consulting, Apps
Yoma Bank
VC Fund
2 Myanmar Debt Financing Finance, Agriculture, Coffee $6k–$2.6M
Thet Kyaw Linn
Angel
2 Myanmar Seed, Pre-Seed
Indelible Ventures
VC Fund
2 Malaysia, Singapore, Philippines Pre-Seed, Seed, Angel SaaS, Software, Artificial Intelligence $53k–$1.2M
Orbit Ventures
VC Fund
2 China, United States, India Seed, Pre-Seed, Convertible Note E-Commerce, Software, Artificial Intelligence $30k–$20M
Daiwa PI Partners
VC Fund
2 Myanmar, Vietnam, Malaysia Venture - Series Unknown, Series C, Series B E-Commerce, FinTech, Finance $6.3M–$61M
BOD TECH CO.
VC Fund
2 Myanmar, Germany Seed, Venture - Series Unknown Apps, Events, Internet
Cocoon Capital
VC Fund
2 Singapore, Vietnam, Philippines Seed, Series A, Pre-Seed Software, Internet, Financial Services $500k–$11M
Nest Tech
VC Fund
2 Myanmar, Singapore, Vietnam Seed, Venture - Series Unknown Education, Retail, Soccer
Symbiotics Group
VC Fund
1 India, Ghana, United States Debt Financing, Post-IPO Debt, Seed Financial Services, FinTech, Finance $2.3M–$165M
KFW DEG
VC Fund
1 India, Kenya, United States Debt Financing, Grant, Post-IPO Debt Financial Services, Energy, FinTech $100k–$820M
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Venture - Series Unknown, Series B Financial Services, Energy, FinTech $2.1M–$137M
UMG IdeaLab
VC Fund
1 Indonesia, Myanmar Seed, Venture - Series Unknown Information Technology, Artificial Intelligence, Software
Theta Capital
VC Fund
1 United States, Germany, Myanmar Seed, Series A Blockchain, Cryptocurrency, Financial Services $3.5M–$50M
Blue Tech Venture
VC Fund
1 Myanmar Seed Education, Information Technology
BOD Tech Ventures
VC Fund
1 Myanmar, Singapore Seed, Series A EdTech, Travel, Internet
NextTech Group of Technopreneurs
VC Fund
1 Vietnam, Japan, Myanmar Seed, Series B, Venture - Series Unknown E-Commerce, Software, Logistics $321k–$6.4M
Belgian Investment Company for Developing Countries
VC Fund
1 India, Kenya, Ecuador Debt Financing, Non-Equity Assistance, Venture - Series Unknown Financial Services, Finance, Banking $16k–$18M
Nexlabs
VC Fund
1 Myanmar Convertible Note Apps, Software, Mobile Apps
SPARX Group
VC Fund
1 Japan, United States, United Kingdom Venture - Series Unknown, Series B, Series A Software, Artificial Intelligence, Information Technology $2.5M–$142M
Mohamed Darwish Mohamed Alkhoori
Angel
1 Myanmar Series A Recycling, Local Business, Innovation Management
A2D Ventures
VC Fund
1 Thailand, Singapore, United States Seed, Pre-Seed, Series A Manufacturing, Information Technology, SaaS $300k–$3.9M
Satori Giants
VC Fund
1 Singapore, Myanmar, Cambodia Pre-Seed, Seed Gaming, eSports, Consumer
agRIF
VC Fund
1 Myanmar Series A Rental, FinTech, Finance
Danish Investment Fund for Developing Countries
VC Fund
1 France, Zambia, Myanmar Venture - Series Unknown, Private Equity Energy, Renewable Energy, Water $5M–$16M
Insitor Partners
VC Fund
1 India, Cambodia, Pakistan Seed, Series A Financial Services, FinTech, Finance $736k–$6M
UMJ
VC Fund
1 Japan, Myanmar Seed, Venture - Series Unknown SNS, Baby, Software
NP Consulting
VC Fund
1 Myanmar, Indonesia, Singapore Seed, Series A Logistics, FinTech, Finance $1M–$2.1M
Axel Peyriere
Angel
1 Egypt, Nepal, Germany Seed, Pre-Seed, Series A Delivery, E-Commerce, Retail $1.5M–$4.7M
MACAN
VC Fund
1 Myanmar, United Kingdom Pre-Seed, Venture - Series Unknown Energy, Nuclear, Hospitality $118M–$315M
The Yield Lab Asia Pacific
VC Fund
1 Singapore, United States, India Seed, Convertible Note, Series A Agriculture, AgTech, Farming $48k–$12M
Meal Temple Group
VC Fund
1 Bhutan, Myanmar Seed E-Commerce, Retail, Delivery
BOPA
VC Fund
1 India, Myanmar Venture - Series Unknown, Pre-Seed Finance, Financial Services, Credit $2.5M–$5M
Asia Impact Investment Fund
VC Fund
1 China, Myanmar Series C, Venture - Series Unknown Finance, Education, E-Learning
X Venture Holdings
VC Fund
1 Cambodia, Myanmar Seed, Pre-Seed Medical, Education, Logistics
Shunsuke Sasaki
Angel
1 Japan, Myanmar Seed, Angel, Pre-Seed Content, Social Media, SNS
Vulpes Innovative Myanmar Investment Company
VC Fund
1 Myanmar Seed Internet, Consulting, Information Services
Scala
VC Fund
1 Japan, Indonesia, Myanmar Seed, Venture - Series Unknown, Corporate Round Information Technology, AgTech, Farming $600k–$978k
PHYZ
VC Fund
1 Myanmar Seed Cloud Computing, Financial Services, Management Consulting
Proparco
VC Fund
1 Kenya, India, Nigeria Debt Financing, Private Equity, Venture - Series Unknown Financial Services, Energy, Finance $400k–$206M
Nexus for Development
VC Fund
1 Myanmar, Bangladesh Debt Financing B2B, AgTech, FinTech $400k–$500k
Golden Equator Ventures
VC Fund
1 Singapore, Taiwan, Indonesia Series A, Series B, Seed Software, Apps, FinTech $800k–$27M
Miraidoa
VC Fund
1 Japan, United States, Myanmar Venture - Series Unknown, Seed, Series A Manufacturing, Health Care, Information Technology $96k–$11M
Yangon Capital Partners
VC Fund
1 Myanmar Venture - Series Unknown, Seed Retail, Consumer, Logistics
Seiji Kurokoshi
Angel
1 Japan, Myanmar Angel, Seed, Venture - Series Unknown Soccer, Sports, Travel $200k–$11M
Incofin Investment Management
VC Fund
1 India, Kenya, Rwanda Series A, Series B, Debt Financing Financial Services, Finance, Banking $3M–$46M
Nordic Microfinance Initiative
VC Fund
1 India, Uganda, Myanmar Venture - Series Unknown, Series B, Series C Financial Services, Finance, Banking $3.6M–$24M
Asian Alliance Investment
VC Fund
1 China, Myanmar, Philippines Seed, Private Equity Information Technology, Travel, Internet
Norfund
VC Fund
1 Kenya, South Africa, Nigeria Private Equity, Venture - Series Unknown, Debt Financing Financial Services, Energy, Renewable Energy $2.2M–$156M
Access all 110 investors in Myanmar startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Seed Myanmar
VC Fund · Singapore, Central Region, Singapore · 6 investments in Myanmar startups

Seed Myanmar was launched in 2016 from Vulpes Investment Manager Pte Ltd, a leading alternative investment manager in Singapore. Vulpes has been making emerging market and venture capital investments from Singapore since 2011 and looks for opportunities to invest in markets on the verge of development. Myanmar in 2016 was one such market.

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Investment focus

  • Industry: Apps, Delivery, Software
  • Stage:Seed, Venture - Series Unknown
  • Geography: Myanmar

Investor stats

  • Total investments: 9
  • Round size: Seed $100k–$200k
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • Flexible Pass — Flexible Pass is the No.1 Health and Fitness App in Myanmar that gives users access to over 70 gyms,fitness centers and hotels offering a wide variety of fitness activities. The vision of Flexible Pass is to help people in Myanmar live a healthier lifestyle by providing them with flexible and affordable fitness options.
  • MM Digital Solutions — MM Digital Solutions is an IT services provider.
  • Better Technologies PTE — Cloud-based HR management software allowing CEOs and HR managers to streamline payroll, attendance, leave, and OT for better employee management for Myanmar, Sri Lanka, and Vietnam
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Blibros AB
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Myanmar startups

Blibros AB is an investment company.

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Investment focus

  • Industry: Retail, Consulting, Apps
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Sweden, Myanmar, United States

Investor stats

  • Total investments: 10
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Nexlabs — We provide advertising, creative, data, and technology solutions for leading businesses.
  • Storyfire — Storyfire is a creator, developer, producer and publisher of film and TV.
  • Better Technologies PTE — Cloud-based HR management software allowing CEOs and HR managers to streamline payroll, attendance, leave, and OT for better employee management for Myanmar, Sri Lanka, and Vietnam
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Yoma Bank
VC Fund · Yangon, Yangon, Myanmar · 2 investments in Myanmar startups

Yoma Bank is a progressive domestic bank that provides banking services in Myanmar. Over the past few years, Yoma Bank has made significant investments in strategic priorities - people, technology and corporate governance. Yoma Bank is Myanmar's fourth largest bank by assets with 3000+ employees and 65 branches across the country. Yoma Bankwas the International Finance Corporation's (IFC) first direct investment in Myanmar in 2014 and it benefitted from a comprehensive 3-year advisory package to upgrade credit risk management, finance, treasury, product development and to procure a new core banking system (Misys Fusion Banking Essence). Yoma Bank also receives ongoing technical assistance from GIZ, the German development agency, to improve and expand our SME lending. In 2015, Yoma Bank formed a strategic partnership with Telenor (Myanmar's largest foreign Telco) to develop nationwide digital financial services through the formation of Wave Money, a mobile financial services company. Yoma Bank has benefitted from a significant grant from LIFT, a multi-donor, UNDP administered trust fund, to expand agribusiness finance to Myanmar's underserved agricultural community - a key segment in Myanmar’s development. Technical assistance for this program is provided by Rabo Bank, a Dutch agricultural bank.

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Investment focus

  • Industry: Finance, Agriculture, Coffee
  • Stage:Debt Financing
  • Geography: Myanmar

Investor stats

  • Total investments: 3
  • Round size: Debt Financing $6k–$2.6M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Mandalay Coffee Group — Your source for high-quality Myanmar coffees
  • Maha Agriculture Microfinance — Maha Agriculture Microfinance provides financial services. They offer services for farmers, vendors, micro, small, and medium enterprises, and livestock.
  • Myanmar Finance International Limited — Myanmar Finance International Ltd. (MFIL) was successfully established in 1st September 2014 founded by Myanmar Finance Company Limited - the locally owned company, and Myanmar Investments Limited - the Singapore based company
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Thet Kyaw Linn
Angel · 2 investments in Myanmar startups

CEO & Founder @ Kyaw Business Limited Chief Executive Officer and Founder @ Myanmar Digital Solutions

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Investment focus

  • Stage:Seed, Pre-Seed
  • Geography: Myanmar

Investor stats

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

Portfolio highlights

  • Kyaw Business Limited — Each of our business solutions has the innate ability to hone in on your startup’s most critical issues, providing strategies and techniques guaranteed to put you on the track to success. Kyaw Business’s business solutions will help you think more critically about your business, boost your growth and run your business more efficiently.
  • Myanmar Digital Solutions — Leading digital transformation company in Myanmar. Expert IT services, web development, mobile apps, and business solutions.
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Indelible Ventures
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 2 investments in Myanmar startups

Seed stage venture capital fund focused on Southeast Asia. We partner with exceptional founders to build transformative companies across the region.

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Investment focus

  • Industry: SaaS, Software, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Malaysia, Singapore, Philippines

Investor stats

  • Total investments: 35
  • Round size: Seed $53k–$1.2M; Pre-Seed $60k–$70k
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — raised $439k in 2024

Portfolio highlights

  • BetterClinic — AI solutions to 10X clinician workflows & fight practitioner burnout through an AI-powered scribe that listens, drafts, and files clinical notes instantly.
  • Quotable AI — Shoppable Philippines B2B Marketplace
  • Shoppable Business - Next Gen B2B Marketplace — Shoppable Business is a trusted, hassle-free B2B eCommerce marketplace for buying and selling 100% authentic branded products and services in the Philippines.
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Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Myanmar startups, 32 in the past 12 months

Orbit helps scale breakthrough startups from around the globe across emerging and frontier markets.

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Investment focus

  • Industry: E-Commerce, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: China, United States, India

Investor stats

  • Total investments: 577
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$1M; Convertible Note $30k–$20M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • i4TECH — Modular, scalable, fully managed manufacturing digital solutions that enable your AI adoption. Moving Industry 4.0 forwards with a unified, comprehensive data driven approach
  • Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
  • openmed — OpenMed provides digital healthcare services, telemedicine, pharmacy products, diagnostics, and medication delivery.
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Daiwa PI Partners
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Myanmar 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:Venture - Series Unknown, Series C, Series B
  • Geography: Myanmar, Vietnam, Malaysia

Investor stats

  • Total investments: 13
  • Round size: Series B $10M–$51M; Series C $50M–$61M; Venture - Series Unknown $6.3M–$45M
  • Lead/follow: 46% lead, 54% 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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BOD TECH CO.
VC Fund · Yangon, Yangon, Myanmar · 2 investments in Myanmar startups

BTV - South East Asia Investments

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Investment focus

  • Industry: Apps, Events, Internet
  • Stage:Seed, Venture - Series Unknown
  • Geography: Myanmar, Germany

Investor stats

  • Total investments: 3
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • DedaaBox — DedaaBox is a platform for Institutes to sell their courses online. It has its own production studio for content making. It is the first mobile learning app.
  • STAR TICKET — Star Ticket, an online bus ticket booking platform.It allows users to book bus tickets online or make the payments offline at the nearest convenient store.
  • SciFlow — SciFlow is a comprehensive publishing platform that allows researchers to focus on what is important – their research. We offer an intuitive text editor that helps to focus on writing – not formatting – the document. All co-authors can write, comment and review the same version of the article. With our premium services, we allow researchers tocheck for plagiarism and spelling errors and to translate their text. With one click, the article is exported to a publisher compliant format. Unlike existing text editors, researchers can perform all tasks related to publishing scientific texts with SciFlow on a single platform. Thus, SciFlow saves time and gives the confidence to submit an article to a publisher.
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Cocoon Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in Myanmar startups

Cocoon Capital is a Singapore-based venture capital firm focusing on early-stage Deeptech and Enterprise tech companies across Southeast Asia

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Investment focus

  • Industry: Software, Internet, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Singapore, Vietnam, Philippines

Investor stats

  • Total investments: 51
  • Round size: Seed $500k–$2.8M; Pre-Seed $1M–$1.3M; Series A $4M–$11M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: Likely actively investing — fresh fund, raised $30M in 2025

Portfolio highlights

  • Bioactivx — A biomaterial platform technology company pioneering synthetic, regenerative materials for both soft and hard tissue repair.
  • Uangcermat — UangCermat seeks to close the gap between South East Asia's underbanked and unbanked populations and their access to sustainable financial services and products.
  • Karzo — Karzo is the fist B2B logistics platform in Myanmar for connecting trucking suppliers with businesses for reliable distribution.
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Nest Tech
VC Fund · Ho Chi Minh City, NA - Vietnam, Vietnam · 2 investments in Myanmar startups

Nest Tech is a venture capital firm that invests in and nurtures technology entrepreneurs at the seed and early growth stages. They build trust and mentor start-ups to evolve their strategy and vision and help them to expand and compete at the regional and global levels.

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Investment focus

  • Industry: Education, Retail, Soccer
  • Stage:Seed, Venture - Series Unknown
  • Geography: Myanmar, Singapore, Vietnam

Investor stats

  • Total investments: 14
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Kalpha — Kalpha is a peer to peer mobile platform where individuals can connect and meetup to learn and share any skills, knowledge and experiences on a 1-to-1 basis.
  • Joosk Studio — Joosk is the leading animation and illustration company in Myanmar. Their sticker packs have been downloaded millions of times, and their weekly animation series have regular audiences in the thousands. With a roster of international clients including Facebook, UN agencies and leading corporates, as well as a talented team of young designers, Jooskis defining the new wave of digital entertainment in Myanmar.
  • Yangon Broom — Yangon Broom provide day-to-day office cleaning services for companies to take care of janitorial & general cleaning needs. Yangon Broom have fullday & partime cleaning on both weekdays and weekends. Our office cleaners are well-trained & proactive service providers.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Symbiotics Group
VC Fund · Geneva, Geneve, Switzerland · 1 investments in Myanmar startups, 8 in the past 12 months

Symbiotics is the leading market access platform for impact investing. Symbiotics offers investment, asset management and capacity building services.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Debt Financing, Post-IPO Debt, Seed
  • Geography: India, Ghana, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $2.3M–$3.2M; Post-IPO Debt $5M–$165M; Debt Financing $3M–$37M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Farmnet — Farmnet trading arm of Singapore-headquartered TechCoop, operates as a key player in Vietnam's agricultural supply chain, focusing on commodities trading and related services.
  • iFarmer — iFarmer connects farmers, agri-suppliers and funders with technology, financing, and advisory to boost agricultural productivity and sustainability.
  • Bharat Housing Network — Bharat Housing Network provides funding, technology, and infrastructure to affordable housing finance institutions in order to increase co-lending and accelerate home development.
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KFW DEG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 1 investments in Myanmar startups

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Grant, Post-IPO Debt
  • Geography: India, Kenya, United States

Investor stats

  • Total investments: 127
  • Round size: Grant $100k–$1.1M; Post-IPO Debt $12M–$820M; Debt Financing $15M–$350M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Combio Energia — ComBio Energia Provide energy generation solutions with renewable sources, creating, growing, and long-term economic value. They develop projects for steam generation and cogeneration of electricity with biomass, which promote environmental improvements and significant cost reductions for customers in the industrial segment. They offer, based on adetailed analysis of the needs of each customer, a dedicated energy solution, adapted to their consumption profile.
  • MSU Green Energy — MSU Green Energy is a solar investment company that develops renewable energy and solar projects.
  • Banco de Occidente, S.A. — Banco de Occidente is the fifth largest bank in Colombia by asset level and portfolio at June 30, 2016. It has national coverage and a portfolio of integrated products and services, offered through a network of 241 offices and 336 ATMs 9,671 banking correspondents and other features.
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Myanmar 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, Venture - Series Unknown, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 74
  • Round size: Series B $5M–$41M; Debt Financing $4M–$137M; Venture - Series Unknown $2.1M–$20M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $93M in 2025

Portfolio highlights

  • Transvolt Mobility — Transvolt Mobility is an early-stage, technology-driven EV fleet operator, enabling India’s transition to sustainable, zero-emission transport by providing a scalable, multi-partner platform for commercial electric mobility across urban and industrial segments.
  • ETG — ETG, established in 1967, is one of the largest and fastest growing integrated agricultural conglomerates in sub-Saharan Africa, importing and exporting soft commodities to and from 48 countries including Tanzania, Kenya, Malawi, Mozambique, Nigeria and South Africa. It also has supply chain operations in China, India, America, Middle East, andSouth East Asia; merchandising desks in Europe, and; treasury companies in Singapore, Mauritius and UAE. Globally, ETG is present across 48 countries. ETG runs its business under five business verticals: 1. Fertilizer and Farm Inputs: ETG is one of the largest importers and distributors of fertilizers and farm inputs in sub-saharan africa 2. Cash traded products: Pulses, Sesame seed, Cashew and Rice are key commodities in this vertical. ETG is the world largest trader and processor of Pulses as well as world largest trader for raw cashew nuts. 3. Exchange traded commodities: Grains & oilseeds, sugar, coffee, cocoa, maize and soybean are key products in this segment. ETG is one of the major players for maize and soybean in sub-shara africa 4. Consumer Branded (Vamara): ETG operates multiple processing plants across 14 countries to manufacture products that are targeted to African consumers. ETG has 22 brands in its portfolio that offers products from vegetable cooking oil, condiments, and spreads, etc. 5. Logistics: ETG operates a very successful and integrated Logistics platform. ETG has a network of more than 400+ warehouses across 32 countries and a fleet of more than 900 trucks. ETG provided end-to-end Logistics services across sub-Sahara Africa.
  • EVF General Finance Joint Stock Company — EVF provides a wide range of financial services, including credit lines for micro, small, and medium-sized firms (MSMEs).
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UMG IdeaLab
VC Fund · Karet Teng Sien, Jakarta Raya, Indonesia · 1 investments in Myanmar startups

Their mission is to find collaboration with external ventures to achieve mutually beneficial condition from both parties. Led by one of the biggest corporate moguls in Myanmar, UMG Myanmar, we’re confident to guide the finest generation of entrepreneurs to build their vision in this digital era. Their main focus is to invest and guide technologyenabled start-ups that has exponential growth potential and meaningful social impact in this technology driven era.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Software
  • Stage:Seed, Venture - Series Unknown
  • Geography: Indonesia, Myanmar

Investor stats

  • Total investments: 36
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Matador Lectro — Supplier baterai LifePo4 Custom berkualitas di Indonesia dan sistem manajemen energi baterai yang dapat membantu motor listrik Anda
  • Touch Me Beauty — Touch Me Beauty is a beauty-tech company that offers skin analyzer mobile application and helps in skin care and beauty
  • Sandhiguna Widya Proteksi — Building cryptographic services to mitigate information breach risks for organizations
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Theta Capital
VC Fund · 1 investments in Myanmar startups

Theta Capital Management is a licensed blockchain investment manager based in Amsterdam, providing institutional investors with access to crypto-native venture capital through a fund-of-funds program since 2017.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Germany, Myanmar

Investor stats

  • Total investments: 7
  • Round size: Seed $3.5M–$20M; Series A $18M–$50M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely actively investing — fresh fund, raised $175M in 2025

Portfolio highlights

  • Nonco — Leading provider of stablecoin and crypto liquidity solutions for institutional and enterprise clients.
  • StablR — StablR issues compliant stablecoins StablR Euro (EURR) and StablR USD (USDR), backed by reserves and audits. Built for secure payments, DeFi, and fintech.
  • Aligned Layer — Aligned Layer is an Ethereum infrastructure company providing wallets, rollups, interoperability, and proof aggregation as one integrated suite.
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Blue Tech Venture
VC Fund · San Francisco, California, United States · 1 investments in Myanmar startups

Blue Tech Venture is a local technology venture firm.

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Investment focus

  • Industry: Education, Information Technology
  • Stage:Seed
  • Geography: Myanmar

Investor stats

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

Portfolio highlights

  • e-School — eSchool App can solve the time consuming management processes due to paperwork such as calulation of student attendance, student grad report card and so on.
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BOD Tech Ventures
VC Fund · Ho Chi Minh City, NA - Vietnam, Vietnam · 1 investments in Myanmar startups

BTV - South East Asia Investments

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Investment focus

  • Industry: EdTech, Travel, Internet
  • Stage:Seed, Series A
  • Geography: Myanmar, Singapore

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Clevai — Clevai is an AI-enabled after-school tutoring platform for K-12 students, delivering quality education to underserved students.
  • Flymya — Myanmar No.1 Travel Portal, the first provider of consumer-direct travel services in Myanmar.With a dedicated ticketing and customer support team based in Yangon, Myanmar, flymya.com is a one-stop-shop for all domestic flight purchases.The Myanmar's leading consolidator of travel services, flymya.com aggregates top domestic airlines in one of the world's fastest growing tourist markets.Through process excellence, dedication and passion, our ticketing team aim to surpass customers' expectations by making their travel planning an enjoyable and reliable experience.
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NextTech Group of Technopreneurs
VC Fund · Hanoi, NA - Vietnam, Vietnam · 1 investments in Myanmar startups

NextTech Group of Technopreneurs is a Group of Companies pioneering into the emerging Digitised Commerce industry across South East Asia

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Investment focus

  • Industry: E-Commerce, Software, Logistics
  • Stage:Seed, Series B, Venture - Series Unknown
  • Geography: Vietnam, Japan, Myanmar

Investor stats

  • Total investments: 17
  • Round size: Seed $321k–$1M; Venture - Series Unknown $6.4M–$6.4M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $50M in 2021

Portfolio highlights

  • COOLMATE — Coolmate is a Vietnamese menswear brand offering a wide range of apparel and accessories for men, from sportswear and office attire to everyday styles. They operate exclusively online through their own e-commerce website and popular e-commerce platforms in Vietnam. The company is headquartered in Hanoi & Hochiminh City, Vietnam.
  • CNV CDP — Saas, Mobile App, Customer Loyalty
  • eCentric — eCentric is an e-commerce company excel in online businesses by providing services that foster growth and elevate experience.
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Belgian Investment Company for Developing Countries
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Myanmar startups

BIO invests in SMEs in developing countries and makes a structural contribution to the socio-economic growth.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Non-Equity Assistance, Venture - Series Unknown
  • Geography: India, Kenya, Ecuador

Investor stats

  • Total investments: 137
  • Round size: Debt Financing $1.6M–$18M; Non-Equity Assistance $16k–$145k; Venture - Series Unknown $43k–$9.8M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Amartha — Amartha Mikro Fintech - P2P Lending Indonesia. Alternatif investasi dengan modal terjangkau mulai 100Rb. Tedaftar OJK, Imbal hasil 15%* & Berdampak Sosial.
  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
  • Orchidia Pharmaceutical — Orchidia Pharmaceutical Industries (Orchidia) is an outstanding Egyptian company specialized in the production of pharmaceutical ophthalmic products.
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Nexlabs
VC Fund · Yangon, Yangon, Myanmar · 1 investments in Myanmar startups

We provide advertising, creative, data, and technology solutions for leading businesses.

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Investment focus

  • Industry: Apps, Software, Mobile Apps
  • Stage:Convertible Note
  • Geography: Myanmar

Investor stats

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

Portfolio highlights

  • Better Technologies PTE — Cloud-based HR management software allowing CEOs and HR managers to streamline payroll, attendance, leave, and OT for better employee management for Myanmar, Sri Lanka, and Vietnam
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SPARX Group
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Myanmar startups

SPARX Group Co., Ltd. is an independent Asia-based equity and credit asset management services and Asian fund financial specialist with offices in Tokyo, Hong Kong and Seoul for global institutional and individual investors, including financial advisors and financial planners, with alternative strategies (including activist, short-enabled, private equity and quantitative and fund-of-funds) and mutual funds (through SPARX Asia Funds such as SPARX Asia Pacific Opportunities Fund, SPARX Asia Pacific Equity Income Fund, SPARX Japan Smaller Companies Fund and SPARX Japan Fund) managed or sub-advised by SPARX Asset Management Co. Ltd., SPARX Asia Investment Advisors Limited and Cosmo Asset Management Co., Ltd.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Venture - Series Unknown, Series B, Series A
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 84
  • Round size: Series A $3.7M–$142M; Series B $4.6M–$48M; Venture - Series Unknown $2.5M–$13M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $128M in 2018

Portfolio highlights

  • Provigate — PROVIGATE is a provider of bio-transistor sensor technologies in Japan.The company's technologies are able to measure dynamic changes with the help of perception-broadening sensors, enabling individuals to change their habits for health
  • Spaceflux — As satellites become increasingly vital, Spaceflux tackles the growing challenges of orbital congestion and debris that put them at risk. Thanks to our proprietary global network of optical sensors, we provide data-driven space situational awareness services from LEO to Cislunar.
  • Alloyed — OxMet Technologies develops, licenses, and manufactures proprietary alloys, alloy powders and alloy components for the aerospace, automotive, industrial and biomedical markets.
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Mohamed Darwish Mohamed Alkhoori
Angel · 1 investments in Myanmar startups

Mohamed Darwish Mohamed Al-Khouri currently works at Abu Dhabi Investment Authority, as Executive Director-Operations Department from 2015. Mr. Al-Khouri also formerly worked at Oman & Emirates Investment Holding Co. SAOG, as Independent Non-Executive Vice Chairman from 2011 to 2013, Abu Dhabi Commercial Bank, as Independent Non-ExecutiveDirector, Abu Dhabi Global Market, as Director, and The Financial Corp. Co. SAOG, as Non-Executive Director. Mr. Al-Khouri received his undergraduate degree from Siena Heights University.

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Investment focus

  • Industry: Recycling, Local Business, Innovation Management
  • Stage:Series A
  • Geography: Myanmar

Investor stats

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

Portfolio highlights

  • RecyGlo — RecyGlo is the recycling and waste management business in Myanmar. waste management service company. recycling business. Myanmar
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A2D Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Myanmar startups

A2D is Southeast Asia's largest angel syndicate and fastest growing angel investing platform where investors meet tomorrow's game changing startups.Our mission is – to be the region's leading early-stage investing platform and angel syndicate, dedicated to: • Accelerating the growth of promising startups • Building innovativebusinesses • Capitalizing on new opportunities • Democratizing access to the exclusive world of venture capitalOur streamlined and full-digitalized platform offers ease of access to opportunities all across Southeast Asia. Our dynamic team of ex-operators, angel investors, investment managers, and corporate leaders collaborate closely with portfolio companies, providing not just funding but strategic guidance and hyper-local network access.Diversity is at the heart of what we do. We are committed to creating an inclusive ecosystem where everyone, regardless of background, has an equal chance to succeed. We empower entrepreneurs and investors to come together, fostering collaboration and innovation.

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Investment focus

  • Industry: Manufacturing, Information Technology, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Thailand, Singapore, United States

Investor stats

  • Total investments: 19
  • Round size: Seed $400k–$3.9M; Pre-Seed $300k–$1.1M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Nightify — Find and book the best bars and nightclubs in Bangkok. Discover parties tonight, view floor plans, check real-time availability, and unlock exclusive discounts.
  • ROLO Robotics — Modular autonomous food systems serving 200 meals/hr. Deployed across campus food courts, hospitals and transit hubs in Singapore.
  • Pride Health — Access trusted doctors, e-prescriptions, and discreet medication delivery. Safe, convenient, and judgment-free.
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Satori Giants
VC Fund · 1 investments in Myanmar startups

At Satori Giants we bring ideas to life by providing the capital, resources, network, and expertise to launch and scale successful ventures.

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Investment focus

  • Industry: Gaming, eSports, Consumer
  • Stage:Pre-Seed, Seed
  • Geography: Singapore, Myanmar, Cambodia

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Supafaya — Monetizing community sucks. We're here to help the best creators build businesses around & with your communities to provide long-lasting value.
  • Jalat Logistics — Effortless, fast, and reliable delivery solutions designed to keep your business moving smoothly. With real-time tracking, same-day delivery, and seamless integration, Jalat Logistics makes shipping easier and more efficient than ever.
  • Better Technologies PTE — Cloud-based HR management software allowing CEOs and HR managers to streamline payroll, attendance, leave, and OT for better employee management for Myanmar, Sri Lanka, and Vietnam
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agRIF
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Myanmar 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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Danish Investment Fund for Developing Countries
VC Fund · 1 investments in Myanmar startups

Danish Investment Fund for Developing Countries

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Investment focus

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

Investor stats

  • Total investments: 4
  • Round size: Venture - Series Unknown $5M–$16M
  • 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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Insitor Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Myanmar 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: 35
  • Round size: Seed $736k–$2.5M; Series A $2M–$6M
  • Lead/follow: 57% lead, 43% 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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UMJ
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Myanmar startups

United Managers Japan is a management service company that provides investment advisory services.

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Investment focus

  • Industry: SNS, Baby, Software
  • Stage:Seed, Venture - Series Unknown
  • Geography: Japan, Myanmar

Investor stats

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

Portfolio highlights

  • Kyarlay — Kyarlay is a baby products e-commerce and delivery provider.
  • Market Drive — Maket Drive which develops EveEve, Japan's largest marriage-hunting app, has raised funds from several individual investors, including East Ventures. With this financing, we will further strengthen our management system, promote development, and increase the number of affiliated stores.
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NP Consulting
VC Fund · Madrid, Madrid, Spain · 1 investments in Myanmar startups

NP Consulting provides a truly independent consulting service, focused on our clients’ best interests.

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Investment focus

  • Industry: Logistics, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: Myanmar, Indonesia, Singapore

Investor stats

  • Total investments: 5
  • Round size: Seed $1M–$2.1M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Uangcermat — UangCermat seeks to close the gap between South East Asia's underbanked and unbanked populations and their access to sustainable financial services and products.
  • Karzo — Karzo is the fist B2B logistics platform in Myanmar for connecting trucking suppliers with businesses for reliable distribution.
  • TransTRACK — Manage your fleet more efficiently with advanced fleet management solutions. Monitor vehicles in real-time, reduce operational costs, and increase productivity!
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Axel Peyriere
Angel · Sydney, New South Wales, Australia · 1 investments in Myanmar startups

Startups - Mentoring - Advising - Emerging Markets. I am a enthusiastic entrepreneur and angel investor working with startups all around the world. Have worked / mentored / coached / partnered / invested in more than 200 startups around the world. Specially keen on online marketplaces and emerging and frontier markets.

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Investment focus

  • Industry: Delivery, E-Commerce, Retail
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, Nepal, Germany

Investor stats

  • Total investments: 7
  • Round size: Seed $1.5M–$4.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Appetito — Domain name Appetito.com is a tantalizing blend of appetite and Italian flair, evoking images of delicious cuisine and a zest for life. With only 8 letters, it is short, memorable, and easy to spell, making it ideal for a wide range of star
  • Zazu — Manza is an all-in-one financial platform for African SMEs, helping businesses manage payments, automate cash flow, and access real-time financial insights from one simple dashboard.
  • Treepz — Treepz is using technology to help people move efficiently in Africa. Be it for daily, inter-city or corporate commutes, users can book predictable, reliable and comfortable trips through a world-class, demand-responsive app all at the tap of a button.Treepz was founded in 2019 and operates in 4 African countries including Nigeria, Ghana, Ugandaand Kenya. It is headquartered in Ontario, Canada.
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MACAN
VC Fund · Singapore, Central Region, Singapore · 1 investments in Myanmar startups

MACAN is a private holding company, backed by European families investing across emerging and developed markets for a few decades. They form deep partnerships with entrepreneurs to build their firms by committing our time, network and resources.

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Investment focus

  • Industry: Energy, Nuclear, Hospitality
  • Stage:Pre-Seed, Venture - Series Unknown
  • Geography: Myanmar, United Kingdom

Investor stats

  • Total investments: 3
  • Round size: Venture - Series Unknown $118M–$315M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Newcleo — newcleo is the clean and safe nuclear technology company. Privately funded and headquartered in London, UK, newcleo was launched in 2021 to be a disruptor in the field of nuclear energy. Its mission is to generate safe, clean and inexhaustible energy for the world, through a radically innovative combination of existing, accessible technologies.newcleo is building the next generation system with the goals to: (1) eliminate the need for geological repositories by using a fast neutron flux avoiding production of long life radioactive elements; (2) develop an Accelerator Driven System (ADS), based on the intrinsically safe coupling of a particle accelerator and a sub-critical reactor; (3) accelerate the development of new fuel cycles, including thorium, that provide economic, clean, safe and inexhaustible energy from nuclei and the opportunity to burn the long-lived nuclear waste produced by the old generation of nuclear reactors.With visionary co-founders, newcleo brings together a team of engineers with deep knowledge of nuclear energy with younger recruits with a fresh mindset, working to design an innovative micro Lead Fast Reactor with significant commercial applications, for example in shipping. newcleo wants to be the first step toward the evolution of its industry to become fully respectful of people and the environment. To develop a new, sustainable, and completely safe way of generating nuclear energy that will lead humanity to zero emissions, and to the mitigation of global warming.
  • Asia Strategic Holdings — Asia Strategic Holdings Ltd. (LSE: ASIA) is an independent developer and operator of consumer businesses in emerging Asia. The Company's portfolio focuses on Education and Services with the view to expand within the broader consumer sector and is located in Vietnam and Myanmar, two of the fastest growing economies in the world over the lastdecade.
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The Yield Lab Asia Pacific
VC Fund · Singapore, Central Region, Singapore · 1 investments in Myanmar startups

The Yield Lab Asia Pacific is a venture capital firm investing in sustainable and impactful AgTech innovations.It enables sustainable and impactful innovations in agriculture to meet the nutritional and economic needs of Asia Pacific and the world with speed.

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Investment focus

  • Industry: Agriculture, AgTech, Farming
  • Stage:Seed, Convertible Note, Series A
  • Geography: Singapore, United States, India

Investor stats

  • Total investments: 27
  • Round size: Seed $48k–$4M; Series A $2.4M–$12M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • DiMuto — DiMuto is a platform facilitating collaborative commerce that provides supply chain visibility. They provide global supply chains with a trade technology platform built on 4Ts: Tracking, Tracing, Transparency and Trust – thus demystifying global trade and enabling collaborative commerce. The DiMuto Track & Trace blockchain platform createsend-to-end trade visibility and forms building blocks for further value creation in trade financing, product marketing, and data analytics.DiMuto is founded by executive chairman Mr Gary Loh, who is also the Executive Chairman of First Alverstone Group.
  • Seadling — SEADLING is a leading seaweed biotech company on a regenerative mission. With modern technology we create unique, traceable seaweed products. SEADLING believes that seaweed is the best solution to create food for our future, a healthy ocean, balanced climate and thriving communities.
  • Wittaya Aqua — Most aquaculture farms around the world use outdated paper- or spreadsheet-based production management systems to run their farm. This means that the data generated by farms is not being effectively used for benchmarking, forecasting and optimization. Although it is the standard in the agriculture, dairy and swine industries, data-driven decisionmaking has not yet become commonplace in aquaculture. Aquaculture is the fastest growing food sector in the world; as the industry continues to grow, farmers need tools to help them track, measure and optimize their operations.
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Meal Temple Group
VC Fund · Phnom Penh, Phnum Penh, Cambodia · 1 investments in Myanmar startups

Kiwigo, by Kiwipay, are an app and a token currency based on real value and real economy. We developed a super app for financial services (wallet) ride hailing, last mile logistics and on-demand delivery in Asian and African frontier markets.

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Investment focus

  • Industry: E-Commerce, Retail, Delivery
  • Stage:Seed
  • Geography: Bhutan, Myanmar

Investor stats

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

Portfolio highlights

  • Drukfood — Online food delivery in Bhutan
  • FreshGora — Food and Grocery delivery in Yangon, Myanmar.
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BOPA
VC Fund · Singapore, Central Region, Singapore · 1 investments in Myanmar startups

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

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Investment focus

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

Investor stats

  • Total investments: 3
  • Round size: Venture - Series Unknown $2.5M–$5M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Navadhan Capital — Navadhan Capital offers capital to under-banked households.
  • Sambandh Finserve — Sambandh Finserve is a fintecu solution compnay. They provide phone banking services. They provide products that include watsan, suvidha, saral, and saksham. An online inquiry form is available on the company's website.
  • Alliance for Microfinance in Myanmar — Microfinance in Myanmar
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Asia Impact Investment Fund
VC Fund · 1 investments in Myanmar startups

Asia Impact Investment Fund

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Investment focus

  • Industry: Finance, Education, E-Learning
  • Stage:Series C, Venture - Series Unknown
  • Geography: China, 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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X Venture Holdings
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Myanmar startups

X Venture Holdings ("XVH") is a Hong Kong based investment fund that focuses on funding and creating value for startups and early stage growth companies in Southeast Asia. XVH believes in a sector agnostic approach to investing and managing its portfolio companies around the region. Along with its partners and co-investors, XVH focuses ondeveloping mutually beneficial partnerships with innovative and status quo challenging founders who are looking to change the world for the better. XVH's focus sectors primarily include but not limited to tech, healthcare, and consumer services.

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Investment focus

  • Industry: Medical, Education, Logistics
  • Stage:Seed, Pre-Seed
  • Geography: Cambodia, Myanmar

Investor stats

  • Total investments: 6
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Max Icon PLC — Healthcare Holding Company
  • Jalat Logistics — Effortless, fast, and reliable delivery solutions designed to keep your business moving smoothly. With real-time tracking, same-day delivery, and seamless integration, Jalat Logistics makes shipping easier and more efficient than ever.
  • XVH Learning Hub — XVH Learning Hub is a learning platform that curates and offers training programs for startup and SME business owners (in Myanmar and beyond) with the aim to equip the program participants with real-world skill sets to help navigate through the entire entrepreneurial journey, from venture ideation to fundraising and cross border expansion. Theoffered programs will aim to provide training and insights into building up, scaling, and expanding the businesses into regional and ultimately international ventures.
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Shunsuke Sasaki
Angel · Tokyo, Tokyo, Japan · 1 investments in Myanmar startups

Shunsuke Sasaki - Executive officer @ Jiraffe

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Investment focus

  • Industry: Content, Social Media, SNS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Japan, Myanmar

Investor stats

  • Total investments: 6
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Hackazouk — Hackazouk is an HR Tech company that operates Official-Alumni.com, an alumni relationship management system in Japan and the Philippines to help companies stay connected with their alumni.
  • Bond — Bond Co., Ltd. is a video learning platform specializing in Japanese language studies.
  • Linklusion — Linklusion is a system development and management support for microfinance institutions in developing countries. Linklusion provides management support such as business improvement and fund procurement to help institutions to deliver better financial services to more people with the power of technology.
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Vulpes Innovative Myanmar Investment Company
VC Fund · 1 investments in Myanmar startups

Investment focus

  • Industry: Internet, Consulting, Information Services
  • Stage:Seed
  • Geography: Myanmar

Investor stats

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

Portfolio highlights

  • Nexlabs — We provide advertising, creative, data, and technology solutions for leading businesses.
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Scala
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Myanmar startups

Scala offers network solution services for search engine of website and Electric commerce site.

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Investment focus

  • Industry: Information Technology, AgTech, Farming
  • Stage:Seed, Venture - Series Unknown, Corporate Round
  • Geography: Japan, Indonesia, Myanmar

Investor stats

  • Total investments: 5
  • Round size: Seed $600k–$978k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Elevarm — Elevarm provides comprehensive solutions and services that elevate farmers. We are building an ecosystem powered by data and AI-enabled technologies to revolutionize production efficiency in the agriculture industry , ensuring quality, quantity, and consistent supply for business customers.
  • XID — XID is a GovTech company that offers digital ID application, secure and convenient login, digital signature, and identity verification.
  • Binar — partner transformasi digital end-to-end untuk corporate training AI, IT outsourcing, dan IT consulting guna tingkatkan profit & produktivitas bisnis.
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PHYZ
VC Fund · Osaka, Osaka, Japan · 1 investments in Myanmar startups

Phyz is an EC solutions services" for the company business.

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Investment focus

  • Industry: Cloud Computing, Financial Services, Management Consulting
  • Stage:Seed
  • Geography: Myanmar

Investor stats

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

Portfolio highlights

  • Linklusion — Linklusion is a system development and management support for microfinance institutions in developing countries. Linklusion provides management support such as business improvement and fund procurement to help institutions to deliver better financial services to more people with the power of technology.
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Proparco
VC Fund · Paris, Ile-de-France, France · 1 investments in Myanmar startups

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

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Investment focus

  • Industry: Financial Services, Energy, Finance
  • Stage:Debt Financing, Private Equity, Venture - Series Unknown
  • Geography: Kenya, India, Nigeria

Investor stats

  • Total investments: 141
  • Round size: Debt Financing $400k–$206M; Private Equity $10M–$60M; Venture - Series Unknown $1.9M–$72M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
  • Ecoener — Ecoener is a renewable energy company that develops, builds, operates, and maintains electricity generation projects based on clean energy sources. The company works across hydropower, wind, and solar photovoltaic technologies, managing the full lifecycle of energy facilities from early development and engineering to construction and long-termoperation. It also engages in energy commercialization activities that support the sale and distribution of electricity generated from its assets. Ecoener handles project planning, permitting, environmental assessment, and technical design as part of its infrastructure development process. The company operates and expands renewable energy plants across multiple international markets while integrating maintenance and operational management services for its facilities. It also participates in storage-related and hybrid energy projects that combine different renewable technologies to support grid stability and energy supply efficiency.
  • Farm to Feed — One third of all food is lost or wasted, enough to feed the number of hungry people twice worldwide. Food loss and waste contributes to 10% of greenhouse gases globally. We aggregate and repurpose imperfect and surplus produce to create a healthier planet.
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Nexus for Development
VC Fund · Phnom Penh, Phnum Penh, Cambodia · 1 investments in Myanmar startups

Leveraging finance for #cleanenergy, #cleancooking and #cleanwater solutions across Asia. Carbon Finance. Fund Management for #impinv. Consultancy.

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Investment focus

  • Industry: B2B, AgTech, FinTech
  • Stage:Debt Financing
  • Geography: Myanmar, Bangladesh

Investor stats

  • Total investments: 2
  • Round size: Debt Financing $400k–$500k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • iFarmer — iFarmer connects farmers, agri-suppliers and funders with technology, financing, and advisory to boost agricultural productivity and sustainability.
  • Techno-Hill Engineering — Our managing director, Barani Aung, graduated from Singapore and has more than ten years of experience working both locally and in Singapore. She had knowledge of building automation, water quality testing systems, newer systems, remote monitoring systems, and data centre infrastructure.
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Golden Equator Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Myanmar startups

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Investment focus

  • Industry: Software, Apps, FinTech
  • Stage:Series A, Series B, Seed
  • Geography: Singapore, Taiwan, Indonesia

Investor stats

  • Total investments: 18
  • Round size: Seed $800k–$4.1M; Series A $2M–$6.3M; Series B $4.4M–$27M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $88M in 2018

Portfolio highlights

  • Jenfi — Jenfi provides founder-friendly revenue-based financing and payment solutions to rapidly grow startups and digital businesses in Southeast Asia.
  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • Pop Meals — Expect exciting, locally trending meals at an affordable price! Now with dine-in, pickup and delivery .
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Miraidoa
VC Fund · Kyoto, Kyoto, Japan · 1 investments in Myanmar startups, 10 in the past 12 months

Future Venture Capital Co., Ltd. is a venture capital firm specializing in early stage investment. The firm invests in diversified investment in a broad range of industrial sectors. It seeks to invest in Japan. The firm prefers to be the lead investor in its portfolio companies. Future Venture Capital Co., Ltd. was founded in 1998 and is based inKyoto, Japan with offices in Tokyo, Aomori, Iwate, Yamagata, Kanazawa, Mie, Sakai, Kobe, and Ehime.

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Investment focus

  • Industry: Manufacturing, Health Care, Information Technology
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Japan, United States, Myanmar

Investor stats

  • Total investments: 171
  • Round size: Seed $338k–$5.3M; Series A $1.2M–$11M; Venture - Series Unknown $96k–$4.6M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $2.5M in 2020

Portfolio highlights

  • Naorai — Naorai is a food and beverage firm that manufactures wine, beer, spirits, and non-alcoholic beverages.
  • Sinumy — Sinumy develops touchless identity authentication technology and high-speed, high-precision position measurement technology.
  • Dioseve — Dioseve is providing novel possibilities for all life.
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Yangon Capital Partners
VC Fund · 1 investments in Myanmar startups

Yangon Capital Partners (YCP)

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Investment focus

  • Industry: Retail, Consumer, Logistics
  • Stage:Venture - Series Unknown, Seed
  • Geography: Myanmar

Investor stats

  • Total investments: 4
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • KoneSi — KoneSi is an innovative load-pooling logistics solution provider for small and medium enterprises in the retail sector. The main problems in the logistics are fragmented orders, the immediacy of orders, and poor traffic conditions cause by inefficiencies in Myanmar SMEs. By helping with consolidation and optimization processes, businesses canachieve cost savings and improved workflow on this front. With the service of ️Konesi, the clients save more than 60% of their logistics costs, increase their retail reach, and focus on other productive tasks by taking full responsibilities of their retail distribution.
  • Yangon Broom — Yangon Broom provide day-to-day office cleaning services for companies to take care of janitorial & general cleaning needs. Yangon Broom have fullday & partime cleaning on both weekdays and weekends. Our office cleaners are well-trained & proactive service providers.
  • Flexible Pass — Flexible Pass is the No.1 Health and Fitness App in Myanmar that gives users access to over 70 gyms,fitness centers and hotels offering a wide variety of fitness activities. The vision of Flexible Pass is to help people in Myanmar live a healthier lifestyle by providing them with flexible and affordable fitness options.
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Seiji Kurokoshi
Angel · Tokyo, Tokyo, Japan · 1 investments in Myanmar startups

Seiji Kurokoshi (黒越誠治) is an angel investor.

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Investment focus

  • Industry: Soccer, Sports, Travel
  • Stage:Angel, Seed, Venture - Series Unknown
  • Geography: Japan, Myanmar

Investor stats

  • Total investments: 6
  • Round size: Seed $4.3M–$11M; Angel $200k–$457k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Ezay — Ezay provides a mobile platform that connects rural 'mom-and-pop' shops with B2B market place and provide financial and logistics services.
  • CURBON — CURBON is a Japan's largest photo learning site for C2C,Provides learning content such as video lectures and photography classes, Lightroom presets, etc.
  • Now Do — Now Do provides online growth revolution platform.
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Incofin Investment Management
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Myanmar 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 actively investing — fresh fund, raised $68M in 2025

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.
  • Ace International — ACE International manufactures and distributes dairy powders, milk proteins, and other food grade components.
  • Ficohsa — Ficohsa is a bank that provides financial products and services. They specialize in personal banking, corporate banking, entrepreneurial banking, mortgage banking, credit cards, and more.
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Nordic Microfinance Initiative
VC Fund · Oslo, Oslo, Norway · 1 investments in Myanmar startups

The Norwegian Microfinance Initiative (NMI) is an innovative strategic partnership between the Norwegian public and private sectors that will invest in microfinance institutions (MFIs) in developing countries and provide professional assistance and technical support for these institutions. The mission of NMI is to contribute to the empowerment ofpoor people and to the creation of jobs, wealth, and economic and social sustainability in developing countries by investing in and supporting MFIs.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Venture - Series Unknown, Series B, Series C
  • Geography: India, Uganda, Myanmar

Investor stats

  • Total investments: 19
  • Round size: Series B $3.6M–$24M; Series C $3.6M–$19M; Venture - Series Unknown $4.3M–$14M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — raised $105M in 2018

Portfolio highlights

  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Sitara — Apply for home loans with Sitaara Housing Finance. Enjoy affordable interest rates, quick approval, and easy documentation for your dream home.
  • Light Microfinance — Light Microfinance is a non-banking finance company registered with the Reserve Bank of India. Headquartered at Ahmedabad, Gujarat, Light Microfinance provides micro and meso finance products and services with gender and poverty-focused programs, targeting rural and peri-urban areas, with a specific focus on poor women. The company operates inGujarat, Rajasthan and Madhya Pradesh and is one of the fastest growing microfinance companies in India today.
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Asian Alliance Investment
VC Fund · Makati, Manila, Philippines · 1 investments in Myanmar startups

Asian Alliance Investment Corporation is a boutique investment banking firm.

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Investment focus

  • Industry: Information Technology, Travel, Internet
  • Stage:Seed, Private Equity
  • Geography: China, Myanmar, Philippines

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • U-HOP — For most people, commuting is not fun or convenient. So, we want make the process as easy and enjoyable as possible for you. We genuinely care about your safety and your experience. We verify and validate the identity of every member and the drivers. With us you are safe. With UHOP. you will never have to worry being rob in the taxi, overcharging,unruly and unprofessional drivers, expensive fees and getting to your destinations on time.
  • Frontiir — Bridging the Global Digital Divide!
  • DAHAN TRICOM — DAHAN TRICOM is a cloud communication service provider.
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Norfund
VC Fund · Oslo, Oslo, Norway · 1 investments in Myanmar startups

Norwegian investment fund for developing countries

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Investment focus

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

Investor stats

  • Total investments: 106
  • Round size: Debt Financing $2.2M–$156M; Private Equity $7.4M–$125M; Venture - Series Unknown $4.7M–$70M
  • 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 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.
  • AMPIN Energy Transition — AMPIN Energy Transition (Formerly Amp Energy India) is a leading renewable energy company driving India's green future with solar, wind, and storage solutions.
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Investor funding in Myanmar at a glance

Stats across 131 deals from 110 investors.

110
investors
in Myanmar startups
131
deals
in Myanmar startups
$594k
median round
in Myanmar startups
59%
lead investors
lead at least one round
29%
Seed
most common funding stage
85/15
VC / Angel
share of investor count

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