# EDB New Ventures

> EDB New Ventures is a VC fund in Singapore backing SaaS and Gaming. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Singapore, Singapore
- Total investments: 2
- Last investment: Jun 2021
- Lead investor: 50%
- Last updated: Aug 2026

EDB New Ventures is a VC fund in Singapore focused on SaaS and Gaming. EDB New Ventures is the corporate venture building arm of the Singapore Economic Development Board.

## Contacts

5 contacts available for EDB New Ventures. Shizune tracks 1 team members at EDB New Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/edb-new-ventures?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 50% |
| Gaming | 1 | 50% |
| Machine Learning | 1 | 50% |
| Developer Platform | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Daryl Png | Senior Manager, New Ventures | 0 | https://shizune.co/investors/profile/daryl-png |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Stemly AI | Stemly is a global decisions intelligence provider with state-of-the-art forecasting and optimization solutions for supply chain and finance industries. The Stemly SaaS platform is powered by automatic machine learning with ability to deliver substantial business and financial impact in terms of lower lost demand, decrease in inventory, lowerworking capital and financing costs. Our platform is built with modern technology on top of a robust and secure foundation allowing for integration with various ERP and TMS systems. We help our customers to make better decisions, faster and together. | $2.5M | Seed | Jun 08, 2021 |  |
| Storms | Storms develop social instant gaming platforms monetized through advertising, licensing, and mini-esports tournaments in super apps. |  | Seed | Mar 17, 2021 |  |

2 of 2 investments shown.

## Co-investors
- [Advanced Info Service](https://shizune.co/investors/profile/advanced-info-service) — VC Fund, 1 deal together
- [Elev8.VC](https://shizune.co/investors/profile/elevate-vc) — VC Fund, 1 deal together
- [HH VC Investments](https://shizune.co/investors/profile/hh-investments) — VC Fund, 1 deal together
- [ING Ventures](https://shizune.co/investors/profile/ing-ventures-7502) — VC Fund, 1 deal together
- [Resolution Ventures](https://shizune.co/investors/profile/resolution-ventures) — VC Fund, 1 deal together
- [Singtel](https://shizune.co/investors/profile/singtel) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

## FAQ

### What does EDB New Ventures invest in?

EDB New Ventures invests primarily in SaaS, Gaming and Machine Learning startups, most often at Seed stage. Most of the 2 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact EDB New Ventures?

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 EDB New Ventures?

The team at EDB New Ventures includes Daryl Png (Senior Manager, New Ventures). 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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