# Avanda Investment Management

> Avanda Investment Management is a VC fund in Singapore backing Apps and Mobile. See 4 investments, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Singapore, Singapore
- Total investments: 4
- Last investment: Jul 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/avanda-investment-management
- Website: https://www.avanda.sg

Avanda Investment Management is a global asset management company that serves the investment needs of long-term asset owners. The company was founded by Ng Kok Song, Quah Wee Ghee, and Sung Cheng Chih.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 1 | 25% |
| Mobile | 1 | 25% |
| Finance | 1 | 25% |
| Shopping | 1 | 25% |
| E-Commerce | 1 | 25% |

12 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Equity | 2 | 50% |
| Private Equity | 1 | 25% |
| Venture - Series Unknown | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Indonesia | 1 | 25% |
| Singapore | 1 | 25% |
| United States | 1 | 25% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| iWow | iWOW is a technology provider that specializes in integrated wireless IOT solutions offered as a service. They combine custom-designed hardware with cloud-based software to create end-to-end IoT solutions that help the clients digitalize their businesses. They offer IoT solutions in smart metering, smart tracking, and smart city applications. | $11.6M | Post-IPO Equity | Jul 28, 2026 |  |
| Boxed | Boxed is an online bulk grocery retailer used to offer wholesale club experience for modern shoppers. It also offers a cutting-edge mobile app that allows consumers direct-to-their-door access to all of their favorite warehouse club products, without membership fees. It was founded in 2013 and is headquartered in New York. | $120M | Post-IPO Equity | Dec 09, 2021 |  |
| GoTo Group | GoTo Group is an application used for ride-hailing, food delivery, and other services. GoTo Group is driving progress by providing technology infrastructure and solutions that enable everyone to participate in and thrive in the digital economy. | $1.3B | Private Equity | Oct 20, 2021 |  |
| GoTo Group | GoTo Group is an application used for ride-hailing, food delivery, and other services. GoTo Group is driving progress by providing technology infrastructure and solutions that enable everyone to participate in and thrive in the digital economy. | $1.3B | Venture - Series Unknown | Oct 20, 2021 |  |

4 of 4 investments shown.

## Co-investors
- [Abu Dhabi Investment Authority](https://shizune.co/investors/profile/abu-dhabi-investment-authority) — VC Fund, 2 deals together
- [Fidelity International](https://shizune.co/investors/profile/fidelity-international-limited) — VC Fund, 2 deals together
- [Google](https://shizune.co/investors/profile/google) — VC Fund, 2 deals together
- Permodalan Nasional Berhad — VC Fund, 2 deals together
- [Primavera Capital Group](https://shizune.co/investors/profile/primavera-capital) — VC Fund, 2 deals together
- [Temasek](https://shizune.co/investors/profile/temasek) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [RA Capital Management](https://shizune.co/investors/profile/ra-capital-management) — VC Fund
- [KB Securities](https://shizune.co/investors/profile/kb-securities) — VC Fund
- [Frazier Healthcare Partners](https://shizune.co/investors/profile/frazier-healthcare-ventures) — VC Fund

## FAQ

### What does Avanda Investment Management invest in?

Avanda Investment Management invests primarily in Apps, Mobile and Finance startups, most often at Post-IPO Equity and Private Equity stage. Most of the 4 investments tracked by Shizune back companies in Indonesia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Avanda Investment Management last invest?

The most recent investment recorded for Avanda Investment Management closed in Jul 2026. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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