# Credence Partners

> Credence Partners is a VC fund in Singapore backing Cooking, Hardware and Robotics. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Singapore, Singapore
- Total investments: 5
- Last investment: Jun 2020
- Lead investor: 40%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/credence-partners-limited/about/
- Website: http://www.credence-investment.com/index.html

Credence Partners is a VC fund in Singapore focused on Cooking and Hardware. Credence is South East Asia Private Equity Fund

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Cooking | 2 | 40% |
| Hardware | 2 | 40% |
| Robotics | 2 | 40% |
| Software | 2 | 40% |
| Health Care | 2 | 40% |

15 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series C | 2 | 40% |
| Series A | 1 | 20% |
| Private Equity | 1 | 20% |
| Venture - Series Unknown | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TONIK | TONIK provides retail financial products, including deposits, loans, current accounts, payments, and cards on a highly secure digital banking platform. | $21M | Series A | Jun 15, 2020 |  |
| TONIK | TONIK provides retail financial products, including deposits, loans, current accounts, payments, and cards on a highly secure digital banking platform. | $6M | Venture - Series Unknown | Feb 25, 2020 |  |
| Rotimatic | Zimplistic is a kitchen robotics startup founded by husband-wife duo Rishi Israni and Pranoti Nagarkar in 2008. We aspire to help people lead a healthier lifestyle by building intelligent solutions to hard problems. By integrating consumer robotics and Internet of Things (IoT), Zimplistic aims to create enterprising appliances that make healthiereating easier and sustainable.At Zimplistic, our mission is to tackle real-world problems to improve the daily lives of people. This gave rise to Rotimatic, our flagship product. It is the world's first kitchen robot that makes fresh, healthy, homemade rotis with a touch of a button.About Rotimatic - Rotimatic is a roti-making appliance that uses artificial intelligence to make rotis (flatbreads) without the need for human supervision. It is a fully automatic robot that processes all the essential ingredients and produces hot and delicious rotis in under a minute.Rotimatic is a technology marvel, packed with some cutting-edge technology innovated by a talented group of health-conscious people. A complete game changer globally - it is compact, user-friendly, and makes preparing rotis a cakewalk. Since its launch in 2016, Rotimatic has disrupted the kitchen appliances segment by piquing the interest of many.By knocking the hassle out of healthy eating, and helping everyone eat fresh food made at home with handpicked ingredients, we believe that people will eat healthier and live better with Rotimatic. It's become a worldwide kitchen sensation with over 3 million rotis served in thousands of households until June 2017.Rotimatic is available for purchase in Singapore, US, UK, Canada, Australia, and New Zealand. Order now - https://rotimatic.com/order/ | $30M | Series C | Apr 17, 2018 |  |
| 20Cube Logistics | 20Cube Logistics Pte Ltd. provides freight management and integrated logistics solutions that deliver cargo by sea and air. Its freight management services include regular NVOCC services, regular air freight, sea freight, freight risk management, charters, air and ocean consolidations, groupage services, 4PL freight management, project cargoservices, end to end freight programs, and customs brokerage. | $17M | Private Equity | Feb 08, 2013 |  |
| Rotimatic | Rotimatic uses IoT and AI technologies to measure ingredients, knead dough, roll it out, cook, and shape perfectly round flatbreads in sequence. The system supports consistency, portion control, and customizable ingredient mixtures, allowing users to tailor recipes to dietary preferences. Rotimatic’s product is designed to simplify the process ofpreparing flatbreads, reducing time and physical effort.At Zimplistic, our mission is to tackle real-world problems to improve the daily lives of people. This gave rise to Rotimatic, our flagship product. It is the world's first kitchen robot that makes fresh, healthy, homemade rotis with a touch of a button.About Rotimatic - Rotimatic is a roti-making appliance that uses artificial intelligence to make rotis (flatbreads) without the need for human supervision. It is a fully automatic robot that processes all the essential ingredients and produces hot and delicious rotis in under a minute.Rotimatic is a technology marvel, packed with some cutting-edge technology innovated by a talented group of health-conscious people. A complete game changer globally - it is compact, user-friendly, and makes preparing rotis a cakewalk. Since its launch in 2016, Rotimatic has disrupted the kitchen appliances segment by piquing the interest of many.By knocking the hassle out of healthy eating, and helping everyone eat fresh food made at home with handpicked ingredients, we believe that people will eat healthier and live better with Rotimatic. It's become a worldwide kitchen sensation with over 3 million rotis served in thousands of households until June 2017.Rotimatic is available for purchase in Singapore, US, UK, Canada, Australia, and New Zealand. Order now - https://rotimatic.com/order/ |  | Series C |  |  |

5 of 5 investments shown.

## Co-investors
- [EDBI](https://shizune.co/investors/profile/edbi) — VC Fund, 2 deals together
- [Insignia Ventures Partners](https://shizune.co/investors/profile/insignia-ventures-partners) — VC Fund, 2 deals together
- [Openspace Capital](https://shizune.co/investors/profile/openspace-ventures) — VC Fund, 2 deals together
- [Bosch Ventures](https://shizune.co/investors/profile/robert-bosch-venture-capital) — VC Fund, 2 deals together
- [Canaan Valley Capital](https://shizune.co/investors/profile/canaan-valley-capital) — VC Fund, 1 deal together
- [Point72 Ventures](https://shizune.co/investors/profile/point72-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund

## FAQ

### What does Credence Partners invest in?

Credence Partners invests primarily in Cooking, Hardware and Robotics startups, most often at Series C and Series A stage. Most of the 5 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Credence Partners last invest?

The most recent investment recorded for Credence Partners closed in Jun 2020. Shizune tracks 5 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co