# Monk’s Hill Ventures

> Monk’s Hill Ventures is a VC fund backing E-Commerce and Financial Services. See 100 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Singapore, Singapore
- Total investments: 100
- Last investment: Apr 2026
- Lead investor: 54%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/monk%27s-hill-ventures/
- X (Twitter): https://twitter.com/monkshillvc
- Website: http://www.monkshill.com
- Facebook: http://www.facebook.com/monkshillvc

Monk’s Hill Ventures is a VC fund in Singapore focused on E-Commerce and Financial Services. Founded in 2014 by entrepreneurs Peng T. Ong and Kuo-Yi Lim, Monk’s Hill Ventures (‘MHV’) is a venture capital firm investing in early-stage technology startups in Southeast Asia. Backed by institutional investors and family offices worldwide, MHV works with great entrepreneurs to use technology to improve the lives of millions of people in theregion.We take a first-principles approach in how we operate and make decisions at MHV. We break down ideas and business models to understand the fundamentals. Since our founding in 2014, Monk’s Hill Ventures has invested in more than 20 fast-growing startups spanning multiple business models and industry verticals. We look to work with founders in the early stages of the development of their businesses, and typically invest at the Series A stage. We are entrepreneurs backing entrepreneurs. This runs in our DNA. With the utmost respect for the founder, the firm is led by entrepreneurs and operators, CEOs, and CTOs of successful tech companies both in Asia and in Silicon Valley.Our footprint spans across Southeast Asia with on-the-ground teams in Singapore, Indonesia, Malaysia, Vietnam and Thailand. Our network comprises entrepreneurs, investors, former CEOs, engineers, academics, media and a team of operating advisors with strong domain expertise from cybersecurity, data science, financial services, to healthcare, to provide our founders with the right access and advice as they scale and build.

## Contacts

5 contacts available for Monk’s Hill Ventures. Shizune tracks 9 team members at Monk’s Hill Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/monk-s-hill-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.1M–$7.5M |
| Series A | $3.1M–$20M |
| Series B | $5M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 11 | 11% |
| Financial Services | 10 | 10% |
| Information Technology | 9 | 9% |
| Software | 8 | 8% |
| FinTech | 7 | 7% |

102 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 29 | 29% |
| Seed | 26 | 26% |
| Series B | 12 | 12% |
| Series C | 5 | 5% |
| Pre-Seed | 3 | 3% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Singapore | 28 | 28% |
| Indonesia | 12 | 12% |
| Vietnam | 5 | 5% |
| United States | 4 | 4% |
| Malaysia | 2 | 2% |

9 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Peng T. Ong | Co-Founder & Managing Partner | 19 | https://shizune.co/investors/profile/peng-t-ong |
| Ali Darwish | Head of Corporate Development | 0 | https://shizune.co/investors/profile/ali-darwish |
| Aswin Andrison | Venture Scout | 0 | https://shizune.co/investors/profile/aswin-andrison |
| Justin Nguyen | Partner | 8 | https://shizune.co/investors/profile/justin-nguyen-4 |
| Kuo-Yi Lim | Co-Founder & Managing Partner | 17 | https://shizune.co/investors/profile/kuo-yi-lim |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Libeara | Libeara is a financial service company that provides tokenization, financial assets, government securities, and savings services. |  | Venture - Series Unknown | Apr 07, 2026 |  |
| Saladin | Saladin is an online platform that provides life, health, automotive, and travel insurance services. |  | Series A | Dec 12, 2025 |  |
| Blue Whale Energy | Blue Whale Energy empowers businesses to maximize energy storage, driving a smarter, cleaner, and more reliable energy. | $2M | Seed | Oct 30, 2025 |  |
| Cinch Tech | Cinch Tech is a subscription service that offers technology products like computers, phones, tablets, and gaming equipment. Users can choose from different payment plans. The service includes damage cover for the devices. It is intended to help users access and maintain technology without paying full price upfront. The service provides analternative way to obtain and use tech devices. |  | Series A | Apr 08, 2025 |  |
| Cinch Tech | Cinch Tech is a subscription service that offers technology products like computers, phones, tablets, and gaming equipment. Users can choose from different payment plans. The service includes damage cover for the devices. It is intended to help users access and maintain technology without paying full price upfront. The service provides analternative way to obtain and use tech devices. | $28.8M | Seed | Apr 08, 2025 |  |
| Pallav Technologies | Pallav Tech helps lending institutions build advanced digital systems with expertise in credit risk and technology. |  |  | Mar 31, 2025 |  |
| Pallav Technologies | Pallav Tech helps lending institutions build advanced digital systems with expertise in credit risk and technology. |  | Seed | Mar 31, 2025 |  |
| Covena | Covena AI, a company building B2C AI sales agents that help clients close customers end-to-end with zero human intervention. Our AI sales agents regularly close hundreds of customers autonomously and handle thousands of leads per day for industries in healthcare, automotive, hospitality, and education. |  | Pre-Seed | Jan 01, 2025 |  |
| Pallav Technologies | Pallav Tech helps lending institutions build advanced digital systems with expertise in credit risk and technology. |  | Seed | Sep 30, 2024 |  |
| Vucar | Vucar.vn is a buyer-focused online used car consignment platform. All of our listings are pre-verified legally. We provide end-to-end services for both sellers and buyers to ensure a fast and hassle-free experience. Currently, the hassle-full process and car quality uncertainty make it painful for 65% of people to buy used cars in Vietnam. |  | Seed | Sep 01, 2024 |  |

10 of 100 investments shown.

## Co-investors
- [STRIVE](https://shizune.co/investors/profile/gree-ventures) — VC Fund, 6 deals together
- [Jungle Ventures](https://shizune.co/investors/profile/jungle-ventures) — VC Fund, 6 deals together
- [Wavemaker Ventures](https://shizune.co/investors/profile/wavemaker-partners) — VC Fund, 6 deals together
- [M Venture Partners (MVP)](https://shizune.co/investors/profile/3t-venture-capital-partners) — VC Fund, 5 deals together
- [Fresco Capital](https://shizune.co/investors/profile/fresco-capital-advisors) — VC Fund, 5 deals together
- [MindWorks Capital](https://shizune.co/investors/profile/mindworks-ventures) — VC Fund, 5 deals together

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## FAQ

### What does Monk’s Hill Ventures invest in?

Monk’s Hill Ventures invests primarily in E-Commerce, Financial Services and Information Technology startups, most often at Series A and Seed stage. Most of the 100 investments tracked by Shizune back companies in Singapore. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Monk’s Hill Ventures's check size?

Monk’s Hill Ventures typically joins rounds of $1.1M–$7.5M at Seed, $3.1M–$20M at Series A and $5M–$20M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Monk’s Hill Ventures participates in.

### How do I contact Monk’s Hill Ventures?

Public channels for Monk’s Hill Ventures 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 Monk’s Hill Ventures?

The team at Monk’s Hill Ventures includes Peng T. Ong (Co-Founder & Managing Partner), Ali Darwish (Head of Corporate Development) and Aswin Andrison (Venture Scout), among 9 team members tracked by Shizune. 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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