# Ardent Capital

> Ardent Capital is a VC fund in Bangkok backing E-Commerce and Internet. See 42 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Bangkok, Thailand
- Total investments: 42
- Last investment: Nov 2022
- Lead investor: 14%
- Fund size: $13M
- Last fund: Jan 2014
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/2633674
- X (Twitter): http://twitter.com/ardentcapital
- Website: http://www.ardentcapital.com
- Facebook: http://www.facebook.com/ArdentCapital

Ardent Capital is a team of experienced entrepreneurs with a history of successful exits throughout Southeast Asia and globally. We bring together all the key elements required to create great companies: Team, Strategy, Operations, Marketing, Technology, Capital, and Passion. We are thrilled and privileged to be participating in a technologyrevolution sweeping the region.

## Contacts

5 contacts available for Ardent Capital. Shizune tracks 5 team members at Ardent Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/ardent-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $100k–$2.7M |
| Pre-Seed | $100k–$350k |
| Series A | $100k–$15M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 9 | 21% |
| Internet | 5 | 12% |
| Software | 4 | 10% |
| Logistics | 4 | 10% |
| Information Technology | 4 | 10% |

67 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 22 | 52% |
| Pre-Seed | 8 | 19% |
| Series A | 6 | 14% |
| Funding Round | 3 | 7% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 8 | 19% |
| Indonesia | 6 | 14% |
| Thailand | 5 | 12% |
| Singapore | 4 | 10% |
| Hong Kong | 3 | 7% |

9 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Scott Laughlin | Venture Partner | 0 | https://shizune.co/investors/profile/scott-laughlin |
| Adrian Vanzyl | Co-Founder & CEO | 1 | https://shizune.co/investors/profile/adrian-vanzyl |
| Frankie Shum | Group CFO | 0 | https://shizune.co/investors/profile/frankie-shum |
| Paul Srivorakul | Founder and Chairman | 1 | https://shizune.co/investors/profile/paul-srivorakul |
| Piers Bennett | Co-Founder & Partner | 1 | https://shizune.co/investors/profile/piers-bennett |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Laborhack | LaborHack offers a select network of tested and certified carpenters, plumbers, electricians, masons, welders, and other tradespeople. It provides cleaning, plumbing, electrical, and HVAC services. | $350K | Pre-Seed | Nov 01, 2022 |  |
| Trade Lenda | Trade Lenda is digital financial service solution enabling access to credit for MSMEs leveraging alternative data sources to qualify character and capacity in Nigeria.It’s a known fact access to finance is a major challenge for MSMEs with a $5trillion opportunity market across developing economies. According to reports from PWC and IFC, MSMEsaccount for about 84% of the jobs created in this region and about 50% of the GDP of the African economies. However without needed finance, most of them are likely to shut down within first 2-5 years. Today with our smart data algorithm, we leverage on data to evaluate character and capacity of every request thus removing focus on upfront collateral and cutting bottle necks associated to getting credits by MSMEs. We are not stopping there but also going a step further to provide micro savings, insurance, investment and pension soon for MSMEs. | $100K | Pre-Seed | Nov 01, 2022 |  |
| Feather Africa | Feather Africa provides money transaction services, such as enabling users to send and receive money from anyone using the application. It offers withdrawals of cash without ATM cards by sending money to the nearest cash vendors. | $100K | Pre-Seed | Nov 01, 2022 |  |
| Kunda Kids | Kunda Kids is a children's publishing and media company. They promote diversity and inclusion in children's literature, and stories and characters reflect this. Their stories promote all-important life skills such as self-confidence, teamwork, and kindness, which are essential for children's development and well-being. | $100K | Pre-Seed | Oct 01, 2022 |  |
| Logistics Hub | Logistics Hub provides delivery solutions for businesses. They offer a platform for businesses to schedule deliveries, access riders, and enjoy real-time monitoring. Their services include delivery solution, on-demand for e-commerce, inter-state deliveries, and imports. | $200K | Pre-Seed | Oct 01, 2022 |  |
| MedkitNetwork | MedkitNetwork is a supply chain and health IT solution company. They offer medkit connect, medkit stocks, medkit float, medkit credit, and medkit consult. They transform businesses through access and the supply chain. | $100K | Seed | Oct 01, 2022 |  |
| Landlord Heaven | Landlord Heaven provides property technology services. Their solutions are designed to help customers maximize their rental real estate investments and protect their legacies. They help landlords guarantee and increase their rental income. | $100K |  | Oct 01, 2022 |  |
| Landlord Heaven | Landlord Heaven provides property technology services. Their solutions are designed to help customers maximize their rental real estate investments and protect their legacies. They help landlords guarantee and increase their rental income. |  | Pre-Seed | Oct 01, 2022 |  |
| Beacon Power Services | Beacon Power Services is a utility company that provides energy management software and analytics for utilities. | $2.7M | Seed | Aug 05, 2022 |  |
| Zeraki | Zeraki is to use technology to address some of the obstacles learners encounter in accessing quality education. We use technology to enhance the quality of education students get at each level of education and use technology to help students transition from one level of education to the next, and ultimately from education into employment. | $100K | Seed | Aug 01, 2022 |  |

10 of 42 investments shown.

## Co-investors
- [Kaleo Ventures](https://shizune.co/investors/profile/kaleo-ventures) — VC Fund, 11 deals together
- [500 Global](https://shizune.co/investors/profile/500-startups) — VC Fund, 4 deals together
- [SMDV](https://shizune.co/investors/profile/smdv) — VC Fund, 3 deals together
- [Cherry Ventures](https://shizune.co/investors/profile/cherry-ventures) — VC Fund, 2 deals together
- [Future Africa](https://shizune.co/investors/profile/future-africa) — VC Fund, 2 deals together
- [Gobi Partners](https://shizune.co/investors/profile/gobi-partners) — VC Fund, 2 deals together

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## FAQ

### What does Ardent Capital invest in?

Ardent Capital invests primarily in E-Commerce, Internet and Software startups, most often at Seed and Pre-Seed stage. Most of the 42 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ardent Capital's check size?

Ardent Capital typically joins rounds of $100k–$2.7M at Seed, $100k–$350k at Pre-Seed and $100k–$15M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ardent Capital participates in.

### How do I contact Ardent Capital?

Public channels for Ardent Capital include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Ardent Capital?

The team at Ardent Capital includes Scott Laughlin (Venture Partner), Adrian Vanzyl (Co-Founder & CEO) and Frankie Shum (Group CFO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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