# New Wheel Capital

> New Wheel Capital is a VC fund backing Manufacturing and Machine Learning. See 6 investments, round sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 6
- Last investment: Sep 2025
- Lead investor: 50%
- Last updated: Aug 2026

New Wheel Capital is an investment Firm.

## Contacts

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

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 2 | 33% |
| Machine Learning | 2 | 33% |
| Artificial Intelligence | 2 | 33% |
| SaaS | 1 | 17% |
| FinTech | 1 | 17% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 83% |
| Series A | 1 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Singapore | 3 | 50% |
| China | 1 | 17% |
| United States | 1 | 17% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Oliver Kwan | Founding Partner | 0 | https://shizune.co/investors/profile/oliver-kwan-46a7 |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| iEduGPT | iEduGPT is an AI-powered learning platform based in Singapore that offers personalized, adaptive learning solutions for professional and academic exam preparation. It leverages artificial intelligence to analyze individual learners' strengths and knowledge gaps and create optimized study paths. The platform aims to transform exam preparationby making learning smarter, more efficient, and tailored to each user’s unique needs, covering certifications in finance, academics, and languages. | $10M | Seed | Sep 03, 2025 |  |
| Vega | Vega is an NFT collection project that focus on cultivation of idols. | $2M | Seed | Apr 23, 2023 |  |
| Motion G | Motion G provides intelligent engineering solutions for traditional industrial motion control. These solutions have been quickly adopted by manufacturers of flexible transportation systems, Li-ion batteries, food and beverage packaging systems, oil drilling rigs, industrial robots, semiconductors, 3C devices, automated guided vehicles, and electrictools. | $15M | Seed | Jan 03, 2023 |  |
| Action Yuan | Xingyuan is an intelligent industrial platform developer. | $14.5M | Seed | Jan 03, 2023 |  |
| AsiaVerify | AsiaVerify (UNSD Information Technology Pte Ltd), is a RegTech company providing an instant verification service allowing users to streamline workflows for Know Your Business (KYB), Know Your Customer (KYC), Anti-Money Laundering (AML) and Ultimate Beneficial Owner (UBO) as well as addressing other compliance challenges.Understanding theimportance of trust and safety when doing business, AsiaVerify’s platform accesses the most authoritative, legally compliant and comprehensive sources to verify businesses, consumers and shareholders online, in real-time and fully translated. This makes AsiaVerify an essential part of the strategy of any business working in Asia. | $1.5M | Seed | Nov 23, 2021 |  |
| XYZ Robotics | XYZ Robotics develops AI-enabled robotic perception and manipulation technology for logistics and manufacturing automation. The company develops autonomous robotic solutions for put wall sorting and goods-to-person picking. Its robot sorts unorganized, random warehouse goods into groups of customer orders. The solution embodies its strength in deeplearning and robotics. | $8M | Series A | Aug 16, 2019 |  |

6 of 6 investments shown.

## Co-investors
- [Sinovation Ventures](https://shizune.co/investors/profile/sinovation-ventures) — VC Fund, 2 deals together
- [Allectus Capital](https://shizune.co/investors/profile/allectus) — VC Fund, 1 deal together
- [Arcane Group](https://shizune.co/investors/profile/arcane-group) — VC Fund, 1 deal together
- [Gaorong Capital](https://shizune.co/investors/profile/banyan-capital) — VC Fund, 1 deal together
- [Baywise Capital](https://shizune.co/investors/profile/baywise-capital) — VC Fund, 1 deal together
- [K3 Ventures](https://shizune.co/investors/profile/k3-ventures) — VC Fund, 1 deal together

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## Featured in investor lists
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## FAQ

### What does New Wheel Capital invest in?

New Wheel Capital invests primarily in Manufacturing, Machine Learning and Artificial Intelligence startups, most often at Seed and Series A stage. Most of the 6 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 New Wheel Capital?

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 New Wheel Capital?

The team at New Wheel Capital includes Oliver Kwan (Founding Partner). 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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