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Top 5 Manufacturing Startup Investors in Sri Lanka (September 2026)

The most active venture capital funds and angel investors investing in Sri Lanka Manufacturing startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sri Lanka Manufacturing startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
BOV Capital
VC Fund
2 Sri Lanka, India, Switzerland Seed, Series A, Convertible Note E-Commerce, Retail, Internet $20k–$5.5M
Norfund
VC Fund
2 Kenya, South Africa, Nigeria Private Equity, Venture - Series Unknown Financial Services, Energy, Renewable Energy $7.4M–$125M
Singapore Angel Network
VC Fund
1 India, United States, Singapore Seed, Angel, Series A E-Commerce, Health Care, Software $100k–$4M
Aavishkaar Venture Capital
VC Fund
1 India, Bangladesh, Indonesia Series A, Series B Financial Services, Manufacturing, Finance $2M–$31M
Dunamis Capital
VC Fund
1 Sri Lanka Series A Apparel, Software, Textiles
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Investor list

BOV Capital
VC Fund · Lkan, Ustecky kraj, Czech Republic · 2 investments in Sri Lanka Manufacturing 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 $20k–$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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Norfund
VC Fund · Oslo, Oslo, Norway · 2 investments in Sri Lanka Manufacturing 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
  • Geography: Kenya, South Africa, Nigeria

Investor stats

  • Total investments: 105
  • Round size: Private Equity $7.4M–$125M; Venture - Series Unknown $8M–$70M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • Erco Energía — We build Solar PV, EV infrastructure and Electric Energy Storage systems. Erco was founded in 2012 and is based in Medellín,Colombia with offices in Cali and Bogotá.
  • 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.
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Singapore Angel Network
VC Fund · Singapore, Central Region, Singapore · 1 investments in Sri Lanka Manufacturing startups

SGAN is an early stage VC anchored by the multi billion dollar Thakral Group of Companies and has investments across India, Singapore and the USA.

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Investment focus

  • Industry: E-Commerce, Health Care, Software
  • Stage:Seed, Angel, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 96
  • Round size: Seed $250k–$3M; Angel $100k–$700k; Series A $1.4M–$4M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Freshlee — Freshlee Retail Pvt. Ltd., also provides exclusive Home Delivery service
  • MyCaptain — MyCaptain is an online learning and teaching platform offering online courses with placements and certification programs. Upskill industry knowledge in the fields of business, marketing, design, content, and more.
  • Dawaa Dost — Dawaa Dost specializes in the pharmacy retail chain of generic medicines in India. The company focuses on the availability of affordable generic medicines. Dawaa Dost was founded by Amit Choudhary and Yash Harlalka and is based in India.
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Aavishkaar Venture Capital
VC Fund · Mumbai, Maharashtra, India · 1 investments in Sri Lanka Manufacturing startups

AGIMDC invests in start ups, transforming NBFCs and mature MFIs. AGIMDC was sponsored by the Dutch fund Goodwell Microfinance Development Company. AGIMDCâ€:tm:s investment managers have extensive experience in private equity and microfinance.

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Investment focus

  • Industry: Financial Services, Manufacturing, Finance
  • Stage:Series A, Series B
  • Geography: India, Bangladesh, Indonesia

Investor stats

  • Total investments: 102
  • Round size: Series A $3.2M–$18M; Series B $2M–$31M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • AgroStar — AgroStar is India’s foremost AgTech start-up working on the mission of #HelpingFarmersWin by providing a complete range of agri solutions at the fingertips of farmers. AgroStar’s tech platform provides a combination of agronomy advice coupled with service and agri input products that enable farmers to significantly improve their productivity andincome.We use an extensive amount of data, technology and agronomy knowledge to give the right solutions (advice+products) to Indian farmers.AgroStar currently operates in the states of Gujarat, Maharashtra, and Rajasthan and has over 5 Lakh farmers on its digital platform. Farmers in these states can avail agri solutions for their entire crop life-cycle with a simple “missed call” or through its Android app, which is amongst the highest rated farming focused apps in the country.Over the next 5 years, we plan to continue to provide incremental value to farmers in terms of wide range of inputs delivered at their doorsteps, world-class agronomy guidance and also access to market linkages and credit.
  • Newtrace — NewTrace is building the next generation of electrolyzers to help fulfil the vision of affordable green hydrogen
  • NeoGeoInfo Technologies Pvt Ltd — NeoGeoInfo is a technology-oriented geospatial services organization, provides geographic insights to the large government.
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Dunamis Capital
VC Fund · Colombo, Western, Sri Lanka · 1 investments in Sri Lanka Manufacturing startups

Dunamis Capital is establish in 1985 as Central Securities Limited, over time they have created a promising portfolio of growth oriented companies.They currently exercise significant control over the underlying subsidiaries of First Capital Holdings PLC (CSE Ticker: CFVF) and Kelsey Developments PLC (CSE Ticker: KDL).Listed on the Colombo StockExchange since 1986, they are traded under the ticker code CSEC.Reflecting their comfortable liquidity conditions and other credit fundamentals they are rated BBB with stable outlook by ICRA Lanka.

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Investment focus

  • Industry: Apparel, Software, Textiles
  • Stage:Series A
  • Geography: Sri Lanka

Investor stats

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

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.
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Manufacturing Investor funding in Sri Lanka at a glance

Stats across 4 deals from 4 investors.

4
investors
in Sri Lanka Manufacturing startups
4
deals
in Sri Lanka Manufacturing startups
$9.5M
median round
in Sri Lanka Manufacturing startups
75%
lead investors
lead at least one round
50%
Venture - Series Unknown
most common funding stage
100/0
VC / Angel
share of investor count

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