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Top 5 Marketplace VC Funds & Investors in Myanmar (August 2026)

The most active venture capital funds investing in Myanmar Marketplace startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Myanmar Marketplace startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Meal Temple Group
VC Fund
1 Myanmar Seed Retail, Delivery, E-Commerce
BOD Tech Ventures
VC Fund
1 Myanmar, Singapore Seed, Series A EdTech, Training, Tutoring
Daiwa PI Partners
VC Fund
1 Myanmar, Vietnam, Malaysia Series B, Venture - Series Unknown, Seed E-Commerce, FinTech, Finance $8M–$51M
KFW DEG
VC Fund
1 India, Kenya, United States Debt Financing, Grant, Private Equity Financial Services, Energy, FinTech $100k–$350M
Incofin Investment Management
VC Fund
1 India, Kenya, Rwanda Series A, Series B, Debt Financing Financial Services, Finance, Banking $3M–$46M
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Investor list

Meal Temple Group
VC Fund · Phnom Penh, Phnum Penh, Cambodia · 1 investments in Myanmar Marketplace 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: Retail, Delivery, E-Commerce
  • Stage:Seed
  • Geography: Myanmar

Investor stats

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

Portfolio highlights

  • FreshGora — Food and Grocery delivery in Yangon, Myanmar.
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BOD Tech Ventures
VC Fund · 1 investments in Myanmar Marketplace startups

BTV - South East Asia Investments

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Investment focus

  • Industry: EdTech, Training, Tutoring
  • 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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Daiwa PI Partners
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Myanmar Marketplace startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Investor stats

  • Total investments: 124
  • Round size: Grant $100k–$1.1M; Debt Financing $10M–$350M; Private Equity $11M–$274M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Fibra Nova — Fibra Nova is a real estate investment trust that specializes in the acquisition, management, and development of properties for leasing.
  • 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.
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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Incofin Investment Management
VC Fund · Antwerp, Antwerpen, Belgium · 1 investments in Myanmar Marketplace startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Stats across 8 deals from 12 investors.

12
investors
in Myanmar Marketplace startups
8
deals
in Myanmar Marketplace startups
$4M
median round
in Myanmar Marketplace startups
42%
lead investors
lead at least one round
25%
Series A
most common funding stage

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