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Top 50 SaaS VC Funds & Investors in Malaysia (June 2026)

The most active venture capital funds investing in Malaysia SaaS startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Malaysia SaaS startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Indelible Ventures
VC Fund
17 Malaysia, Singapore, Philippines Pre-Seed, Seed, Angel SaaS, Software, E-Commerce $53k–$1.2M
Antler
VC Fund
14 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $104k–$29M
Cradle Fund
VC Fund
12 Malaysia, Singapore, United States Grant, Seed, Pre-Seed Software, E-Commerce, SaaS $23k–$787k
Gobi Partners
VC Fund
9 China, Malaysia, Hong Kong Series A, Seed, Series B E-Commerce, Financial Services, Internet $800k–$37M
Quest Ventures
VC Fund
9 Singapore, Malaysia, Kazakhstan Seed, Pre-Seed, Series A E-Commerce, Software, Information Technology $50k–$10M
Cradle Seed Ventures
VC Fund
8 Malaysia, Singapore Seed, Series A, Series B Software, Enterprise Software, Mobile $498k–$5.1M
RHL Ventures
VC Fund
6 Malaysia, Indonesia, United States Seed, Series A, Private Equity Health Care, E-Commerce, Social Media $1M–$25M
KK Fund
VC Fund
6 Malaysia, Thailand, Indonesia Seed, Series A, Series B E-Commerce, Internet, Marketplace $275k–$20M
Catcha Group
VC Fund
5 Malaysia, Pakistan, Australia Seed, Series A Internet, Real Estate, Automotive
East Ventures
VC Fund
5 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $649k–$38M
pitchIN
VC Fund
5 Malaysia, Singapore Seed, Pre-Seed Mobile Apps, SaaS, Internet $50k–$1.8M
OSK Ventures International
VC Fund
5 Malaysia, Singapore, Indonesia Series A, Seed, Series B FinTech, Software, Financial Services $1.3M–$14M
Cento Ventures
VC Fund
5 Singapore, Malaysia, Indonesia Series A, Seed, Series B Software, E-Commerce, Information Technology $580k–$21M
Captii Ventures
VC Fund
5 Malaysia, Singapore, Vietnam Seed, Grant E-Commerce, Apps, SaaS $443k–$6.5M
WatchTower & Friends
VC Fund
4 Malaysia Pre-Seed, Angel, Equity Crowdfunding Information Technology, SaaS, E-Commerce
Kairous Capital
VC Fund
4 Malaysia, Singapore, China Series A, Seed, Angel Information Technology, Software, E-Commerce $1M–$10M
VentureTECH
VC Fund
4 Malaysia, Singapore, United States Venture - Series Unknown, Corporate Round, Series A Information Technology, Automotive, Consulting $1.6M–$4.7M
Vynn Capital
VC Fund
4 Malaysia, Indonesia, Singapore Seed, Series A, Series B Retail, Automotive, E-Commerce $350k–$4M
Global Founders Capital
VC Fund
4 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $637k–$33M
Susquehanna International Group
VC Fund
4 United States, China, Singapore Series A, Series B, Seed Software, Blockchain, Cryptocurrency $2.5M–$55M
DVE Sapta
VC Fund
3 Malaysia Seed Information Services, Information Technology
Asia Venture Group
VC Fund
3 Malaysia, India, Japan Series A, Seed, Series C E-Commerce, Internet, Food and Beverage $500k–$23M
Falnas Capital
VC Fund
3 Malaysia, United States Seed, Pre-Seed EdTech, Software, Education $233k–$5M
TH Capital
VC Fund
3 Malaysia, Singapore, United States Seed, Series A, Series B FinTech, E-Commerce, Financial Services $450k–$15M
Axiata Digital Innovation Fund
VC Fund
3 Malaysia, Singapore, Sri Lanka Series A, Series B Apps, Retail, Fitness $302k–$12M
Jungle Ventures
VC Fund
3 India, Singapore, Indonesia Series A, Seed, Series B E-Commerce, Software, Financial Services $604k–$45M
AirAsia Digital
VC Fund
3 Malaysia, Thailand, Singapore Seed, Series A Messaging, Credit, Mobile
The Hive Southeast Asia
VC Fund
3 Malaysia, Singapore Seed, Series A FinTech, Marketplace, Human Resources $117k–$4M
Accord Ventures
VC Fund
3 Japan, United States, Malaysia Seed, Series A Internet, Software, E-Commerce $775k–$45M
Redline Blockchain Capital
VC Fund
2 Malaysia Seed Social, Mobile Apps, Social Media
Waterdrip Capital
VC Fund
2 Singapore, Canada, United States Seed, Series A Blockchain, Cryptocurrency, Information Technology $1M–$6M
A.GAIN (Formerly IDC Ventures)
VC Fund
2 United States, United Kingdom, Brazil Series A, Series B Financial Services, FinTech, Information Technology $4M–$48M
Vertex Ventures Southeast Asia & India
VC Fund
2 India, Singapore, Indonesia Series A, Series B, Seed E-Commerce, SaaS, FinTech $2.2M–$40M
UpHonest Capital
VC Fund
2 United States, China, Singapore Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology
Hibiscus Fund
VC Fund
2 Malaysia, Singapore Series A, Series B Artificial Intelligence, Apps, Mobile $3.1M–$8.4M
IdeaRiverRun
VC Fund
2 Malaysia Seed, Series A Shopping, Automotive, E-Commerce Platforms
FTX Ventures
VC Fund
2 United States, Singapore, Canada Seed, Series A Blockchain, Cryptocurrency, Software
Skywater Capital
VC Fund
2 Malaysia Seed Social, Mobile Apps, Social Media
Venturra
VC Fund
2 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Financial Services, Software $1M–$60M
Lotus Capital
VC Fund
2 Egypt, Norway, Estonia Seed Gaming, Blockchain, Mobile Apps $1.5M–$2.9M
Angel One Network
VC Fund
2 Canada, United States, Malaysia Angel, Seed, Series A Software, SaaS, Internet $68k–$7M
Spiral Ventures
VC Fund
2 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Internet, Information Technology $500k–$103M
Momentum 6
VC Fund
2 United States, Singapore, United Kingdom Seed, Pre-Seed Blockchain, Gaming, Cryptocurrency $1.2M–$8.4M
Integra Partners
VC Fund
2 Singapore, Philippines, Indonesia Series A, Seed Financial Services, FinTech, Software $1.5M–$18M
Patamar Capital
VC Fund
2 Vietnam, Indonesia, Singapore Series A, Seed, Series B FinTech, Financial Services, E-Commerce $779k–$20M
Adobe Fund for Design
VC Fund
2 United States, Malaysia, United Kingdom Seed, Series A Web Design, Developer Tools, SaaS
Argor Capital
VC Fund
2 Indonesia, India, Vietnam Series A, Seed, Series B E-Commerce, FinTech, Mobile Apps $3M–$55M
Harvard Management Company
VC Fund
2 United States, Mexico, Chile Seed, Pre-Seed, Series D FinTech, Financial Services, Software $1M–$355M
ACA Investments
VC Fund
2 Japan, Malaysia, Hong Kong Series A, Series B, Series D Artificial Intelligence, Financial Services, Drones
East Pacific Capital Private Limited
VC Fund
2 Malaysia, Indonesia Seed B2B, B2C, SaaS
Access all 355 VC funds in Malaysia SaaS startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Indelible Ventures
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 17 investments in Malaysia SaaS startups

Seed stage venture capital fund focused on Southeast Asia. We partner with exceptional founders to build transformative companies across the region.

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Investment focus

  • Industry: SaaS, Software, E-Commerce
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Malaysia, Singapore, Philippines

Investor stats

  • Total investments: 34
  • Round size: Seed $53k–$1.2M; Pre-Seed $59k–$64k
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Howuku — Use Howuku to literally see what your web visitors are doing on your website with tools, such as heatmaps, A/B testing, recordings & more.
  • VOX AI — We develop conversational interfaces for virtual assistants and messengers, empowering voice-based conversational UIs for smart devices with artificial intelligence. We design humanlike conversations through voice able to understand context over any channel, in any language.
  • Vase.ai — Know what consumers are saying when it comes to your brand, product and ads. Get insights in as little as 24 hours.
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Antler
VC Fund · Singapore, Central Region, Singapore · 14 investments in Malaysia SaaS startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 1206
  • Round size: Seed $196k–$5.8M; Pre-Seed $104k–$1.1M; Series A $4.6M–$29M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Qeeper — On-demand property maintenance across London, Edinburgh and Brighton
  • Twisty — Use our character engine to make your message come alive
  • EnterMeme — meme.market is where you coin the best meme
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Cradle Fund
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 12 investments in Malaysia SaaS startups

WHO IS CRADLE?Cradle Fund Sdn Bhd (Cradle) is Malaysia's early stage start-up influencer, incorporated under the Ministry of Finance Malaysia (MOF) in 2003 with a mandate to fund potential and high-calibre tech start-ups through its Cradle Investment Programme (CIP).Throughout its 13-year history, Cradle has helped fund over 700Malaysian tech start-ups and holds the highest commercialisation rate amongst government grants in the country. Having more than a decade of experience in the nation's grant funding scene, Cradle further expanded its role from grant provider to investor through the establishment of its venture arm, Cradle Seed Ventures in 2015 and following its portfolio expansion to equity investment in early 2017, Cradle now offers both funding and investment assistance. Cradle's product offerings are not only restricted to monetary aid, but also include commercialisation support, coaching and various other value-added services to cater today's entrepreneurs' diversified needs.OUR MISSIONTo be the leading pre-seed, seed and start-up stage funding agency in Malaysia, that provides effective grant and equity funding, commercialisation support, coaching, and industry value-add to accelerate the growth of start-up companies.Cradle Fund Sdn Bhd is based in Kuala Lumpur, Malaysia.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Grant, Seed, Pre-Seed
  • Geography: Malaysia, Singapore, United States

Investor stats

  • Total investments: 48
  • Round size: Seed $176k–$787k; Grant $23k–$117k; Pre-Seed $58k–$93k
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • DasAR — DasAR provides a hassle-free and cost-efficient, no-code web-based AR solution. In less than an hour, businesses can subscribe, upload 3D models, link a custom domain, and launch their own mobile responsive AR website, enabling customers to visualise products in real-life settings. Our placement formula showcases objects in their accurate sizingbased on real-world distances, particularly useful for heavy, bulky, and high-value items. With our value of accessibility, practicality, and community, DasAR democratises AR technology. Accessibility is ensured through our self-serve web platform, eliminating customised App development. Practicality extends beyond just visualisation, as our 3D models dynamically react to real-world distances, illustrating precise space usage at home or at work. As our platform evolves, it will foster collaboration among businesses, 3D modellers, and consumers, creating a community for support.
  • Axtraction AI — Axtraction AI provides innovative document AI solutions for precise and efficient regulatory compliance in banking, financial services, and insurance (BFSI).
  • EasyM Mechandiser Sdn Bhd — Looking for a merchandising app in Malaysia? Click on Easym.com.my. We offer a range of merchandising apps that are perfect for your business. Do visit our site for more info.
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 9 investments in Malaysia SaaS startups

Gobi Partners is an Asia-focused VC backing early to growth stage startups. US$1.6B AUM, 400+ companies, 75 exits. Strategic guidance, founder network available.

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Investment focus

  • Industry: E-Commerce, Financial Services, Internet
  • Stage:Series A, Seed, Series B
  • Geography: China, Malaysia, Hong Kong

Investor stats

  • Total investments: 237
  • Round size: Seed $800k–$7M; Series A $1.5M–$20M; Series B $5.5M–$37M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Carsome — Carsome is an online used car platform that provides efficient car selling services to individuals and entities. Through its online bidding portal, customers are able to sell their vehicles directly to dealers. Carsome facilitates the entire car selling process from inspection to valuation, bidding, and payment as well as logistics needs, allowingthe customers to sell their cars.It was founded in 2015 and headquartered in Malaysia, the company has expanded to Indonesia, Thailand, and Singapore.
  • Deliveree Logistics — Feb 1, 2022 - Welcome to the revolution. With the largest truck fleet in Southeast Asia, we provide businesses with first, mid, and last mile transportation.
  • PanopticAI — PanopticAI is a health system that uses artificial intelligence and signal processing to comprehend the human body and improve health.
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Quest Ventures
VC Fund · Singapore, Central Region, Singapore · 9 investments in Malaysia SaaS startups

Quest Ventures is a top venture capital firm in Asia. For entrepreneurs: venture capital. For enterprises: applied innovation. For ecosystems: accelerate.

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Investment focus

  • Industry: E-Commerce, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Singapore, Malaysia, Kazakhstan

Investor stats

  • Total investments: 111
  • Round size: Seed $50k–$5M; Pre-Seed $50k–$64k; Series A $1.8M–$10M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $7.5M in 2021

Portfolio highlights

  • Howuku — Use Howuku to literally see what your web visitors are doing on your website with tools, such as heatmaps, A/B testing, recordings & more.
  • OpenAcademy — Upgrade your skills with your preferred learning style. From bite sized mobile lessons to comprehensive courses - you name it, we have it.
  • GuruInovatif — Kembangkan skill mengajar Anda untuk kemajuan pendidikan Indonesia bersama para trainer yang berpengalaman pada bidangnya di Guruinovatif.id
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Cradle Seed Ventures
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 8 investments in Malaysia SaaS startups

Cradle Seed Ventures (CSV) is the venture capital arm of Malaysia’s premier early stage financier and influencer, Cradle Fund Sdn Bhd.CSV manages an early stage venture fund based out of Malaysia and is always on the lookout for start-ups with high growth potential, led by passionate founders with high levels of enthusiasm.CSV is delightedto be part of this new dawn of excitement in the start-up world, both in Malaysia and globally.CSV mandated investments will be in the technology sector with specific focus on selected verticals. CSV has the added strength of being able to leverage on Cradle’s long experience in supporting early stage start-ups, understanding the funding and operational needs of a start-up and also be a supportive partner when they scale in the Malaysian market and to foreign shores.

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Investment focus

  • Industry: Software, Enterprise Software, Mobile
  • Stage:Seed, Series A, Series B
  • Geography: Malaysia, Singapore

Investor stats

  • Total investments: 12
  • Round size: Seed $498k–$2.7M; Series A $4.5M–$5.1M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • SUPA — SUPA BOLT | Get insights to turn label noise into trusted and usable data. Begin your data-centric AI journey today.
  • SUPA — Supahands is the leading end-to-end data labelling partner for AI/ML companies. Find out more and set up a POC within 48 hours by speaking to us today!
  • MoneyMatch — 121+ countries, 42+ currencies. Bank transfers, e-wallets or cash pickups. Seamless, low-cost and transparent international money transfers for everyone.
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RHL Ventures
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 6 investments in Malaysia SaaS startups

RHL Ventures is a Multi-Stage Venture Capital Investing Across Southeast Asia based in Malaysia. We invest actively from Series A across different asset classes and industries.

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Investment focus

  • Industry: Health Care, E-Commerce, Social Media
  • Stage:Seed, Series A, Private Equity
  • Geography: Malaysia, Indonesia, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $1M–$13M; Series A $1M–$25M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — raised $24M in 2019

Portfolio highlights

  • Fefifo — Fefifo /fee-fai-fo/ is a technology-first Co-farming company, that focuses on empowering a new generation of progressive farmers in ASEAN by providing traditional smallholder farmers and young agriculture graduates with ready-to-farm spaces and technologies to kickstart a modern farming business.
  • Pandai — Pandai is an education app that offers a personalized learning experience through curriculum-based daily quizzes, tests, exams, videos to help students get better grades.
  • Yisheng — Yisheng is a digital service platform for door-to-door car washing.
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KK Fund
VC Fund · Singapore, Central Region, Singapore · 6 investments in Malaysia SaaS startups

KK Fund is a venture capital fund to invest in seed stage internet and mobile startups across South East Asia, Hong Kong and Taiwan.

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Investment focus

  • Industry: E-Commerce, Internet, Marketplace
  • Stage:Seed, Series A, Series B
  • Geography: Malaysia, Thailand, Indonesia

Investor stats

  • Total investments: 32
  • Round size: Seed $275k–$710k; Series A $1.5M–$20M; Series B $7M–$10M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • GIZTIX — GIZTIX is an integrated logistics platform, solving problems on speed & fragmented processes of truck sourcing and also managing their own fleets that cause unscalable deliveries. GIZTIX enables businesses to outsource trucks in seconds to they can fulfil deliveries in time and also helping fleet owners to increase efficiency by providing TMSsoftware. Ultimately, GIZTIX will be the winner of trucking market by expanding fleets & customers networks and having largest & most active TRUCKING BIG DATA.
  • Med247 — Med247 is an offline-to-online (O2O) healthcare startup. A platform where customers can book an appointment and consult online with Pro doctors.Med247 is a family of clinics for families. Med247 plans to optimise the technology so that it could become the standardised platform to connect with other healthcare services providers in the future.
  • FishLog — FishLog is fisheries supply chains ecosystem. Our vision is to transform fragmented fisheries supply chains into an integrated and efficient ecosystem with reliable solutions that create value along fisheries network. Our mission is to be the largest fisheries network in Indonesia. Offer complete fisheries post-harvest management services. Creatinga transparant, fair-trade and sustainable transaction along fisheries ecosystem with all stakeholders in our network.
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Catcha Group
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 5 investments in Malaysia SaaS startups

Entrepreneurs for Entrepreneurs

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Investment focus

  • Industry: Internet, Real Estate, Automotive
  • Stage:Seed, Series A
  • Geography: Malaysia, Pakistan, Australia

Investor stats

  • Total investments: 15
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Carsome — Carsome is an online used car platform that provides efficient car selling services to individuals and entities. Through its online bidding portal, customers are able to sell their vehicles directly to dealers. Carsome facilitates the entire car selling process from inspection to valuation, bidding, and payment as well as logistics needs, allowingthe customers to sell their cars.It was founded in 2015 and headquartered in Malaysia, the company has expanded to Indonesia, Thailand, and Singapore.
  • BoozeBud — Buy Beer, Wine & Spirits Online at Bottle Stop. Fast alcohol delivery, great prices & 5,000+ drinks. Shop now for your favourite liquor brands!
  • Common Ground — Ready to take your company to the next level? At Common Ground Coworking Space, we get your business done better with our workspaces & amenities. Learn more here.
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East Ventures
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Malaysia SaaS startups

East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 448
  • Round size: Seed $649k–$18M; Series A $2.1M–$38M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • FR8Labs — FR8Labs offers a practical freight forwarder solution that includes all of the modules required, without the extraneous trappings of overly sophisticated features that may not use but wind up paying for.
  • Runchise — Runchise is an integrated restaurant and franchise management system to increase operational efficiency and profit.
  • Fresh Factory — Fresh Factory runs a web of hyperlocal cold-chain fulfilment centers in Indonesia.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
pitchIN
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 5 investments in Malaysia SaaS startups

Your one stop crowdfunding platform

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Investment focus

  • Industry: Mobile Apps, SaaS, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Malaysia, Singapore

Investor stats

  • Total investments: 6
  • Round size: Seed $306k–$1.8M; Pre-Seed $50k–$350k
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Lapasar.com — Lapasar.com is a B2B marketplace, giving corporate buyers access to suppliers across Malaysia - via the marketplace & via RFQ tools. To adhere to and strengthen corporate governance, the marketplace comes with integrated procurement tools in the backend.
  • WHIP Mobility — Disruptive SAAS platform in automotive retail
  • Igotopia Sdn Bhd — Gecko Digital is a Digital Marketing & Virtual Tours agency. We are the biggest provider of Hotel Virtual Tours and 360 VR in Asia.
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OSK Ventures International
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 5 investments in Malaysia SaaS startups

OSKVI was established in year 2000 and is the venture capital and private equity affiliate of OSK Holdings Berhad. OSKVI was listed on the then Malaysia Exchange of Securities Dealing and Automated Quotation Market (“MESDAQ Market”) (now known as the ACE Market) of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 8 September 2004.TheOSKVI Group has an established presence in the private equity and venture capital industry in the region. Since inception, they have successfully invested, nurtured and divested several companies from various industries.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: Malaysia, Singapore, Indonesia

Investor stats

  • Total investments: 21
  • Round size: Seed $1.5M–$5M; Series A $1.3M–$6.1M; Series B $8.7M–$14M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • bythen — bythen enables the production of autonomous 3D avatar bots powered by AI.
  • Endowus — Licensed by MAS. Grow all your money through intelligent investment portfolios built by experts, customised to your goals. Award-winning fee-only wealth platform.
  • StoreHub — StoreHub is an all-in-one POS system that helps future-proof F&B, retail, service and enterprise businesses in Malaysia. Manage and grow your business, anytime, anywhere.
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Cento Ventures
VC Fund · Singapore, Central Region, Singapore · 5 investments in Malaysia SaaS startups

Cento Ventures is a venture capital firm specialised in early-stage startups, and we partner with founders who are building viable tech solutions to meet regional market demands.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Singapore, Malaysia, Indonesia

Investor stats

  • Total investments: 31
  • Round size: Seed $580k–$5M; Series A $1.3M–$4.4M; Series B $4M–$21M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • Monit — Monit menggabungkan manajemen kas, pembayaran bisnis, kontrol pengeluaran, dan kartu kredit korporat dalam satu pengalaman terintegrasi
  • Feedme — The leading smart POS system for Food and Baverage Industry in South East Asia
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Captii Ventures
VC Fund · Selangor, Selangor, Malaysia · 5 investments in Malaysia SaaS startups

Captii Ventures is a multi-stage investor in Southeast Asian start-ups. It invests in marketplace that facilitates better matching of supply and demand, new media publishers that disrupt traditional channels of communications, and start-ups that use technology to solve age-old enterprise problems.

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Investment focus

  • Industry: E-Commerce, Apps, SaaS
  • Stage:Seed, Grant
  • Geography: Malaysia, Singapore, Vietnam

Investor stats

  • Total investments: 15
  • Round size: Seed $443k–$6.5M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Momos — Only restaurant management growth platform, purposely built to help brands grow through our combination of customer engagement, digital marketing and analytics tools.
  • Curlec — Accept online payments with Razorpay Curlec. Enable FPX, cards, and e-wallets with seamless integration, recurring billing, and instant settlement in Malaysia.
  • Sendhelper — Verified and licensed service providers | Attractive rates | Secure online payment | Guaranteed customer support
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WatchTower & Friends
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 4 investments in Malaysia SaaS startups

WatchTower and Friends (WTF) is a tech accelerator that is pursuing its vision of building a startup ecosystem that will raise an ever growing number of successful startups. Operating under the tagline 'We Start Things', WatchTower and Friends initiates lines of actions that benefits startups.

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Investment focus

  • Industry: Information Technology, SaaS, E-Commerce
  • Stage:Pre-Seed, Angel, Equity Crowdfunding
  • Geography: Malaysia

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • POMEN — Car Problem? Get POMEN App for Car Service & Breakdown. We provide full car maintenance and services for you.
  • Bereev — A death preparation app that helps you create a plan which will guide your loved ones when you're gone. Sign up for free!
  • Ejen2u — Platform Sistem Pengurusan Ejen paling Komprehensif
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Kairous Capital
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 4 investments in Malaysia SaaS startups

Kairous Capital is a cross-border venture capital firm focusing on China and Southeast Asia with offices in Kuala Lumpur, Shanghai and Hong Kong

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Series A, Seed, Angel
  • Geography: Malaysia, Singapore, China

Investor stats

  • Total investments: 22
  • Round size: Seed $1M–$5M; Series A $1M–$10M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Mglobal — Mglobal is a cross-border medical device service provider.
  • MantaYaY — MantaYaY is a TikTok marketing creative network with a focus on digital content and game influencers.
  • PepperHi
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VentureTECH
VC Fund · Selangor, Selangor, Malaysia · 4 investments in Malaysia SaaS startups

VentureTECH is principally an investment company established by the Government of Malaysia in 2009 with the national mandate to encourage the participation of local Malaysian companies in high value-added and high technology industries, a key mainstay that will drive Malaysia into a sustainable high-growth economy.

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Investment focus

  • Industry: Information Technology, Automotive, Consulting
  • Stage:Venture - Series Unknown, Corporate Round, Series A
  • Geography: Malaysia, Singapore, United States

Investor stats

  • Total investments: 14
  • Round size: Corporate Round $1.6M–$4.7M
  • Lead/follow: 64% lead, 36% follow
  • Last fund: Likely still investing — raised $19M in 2022

Portfolio highlights

  • Evenesis — Evenesis is an event management solution for professional conference organizer, event planners and corporate communication office.
  • Deltaspike — Deltaspike is a managed cybersecurity services company that offers threat hunting, digital forensics, and consulting services.
  • IX Telecom — IX Telecom is a global, award-winning Virtual Network Operator (VN0) that offers internet connectivity, SD-WAN, and managed services. Our solutions can be deployed in more than 200 countries and territories to support global businesses. We provide a seamless, more innovative network and internet access experience to ISPs, system integrators,agencies, financial institutions, MNCs, airlines and embassies worldwide. As a One-Stop-Shop, IX offers SD-WAN, internet connectivity, data centre & colocation, 24x7x365 network monitoring, managed equipment, managed services, and data analytics. Our solutions enhance global connectivity with the premium touch of SD-WAN technology. IX is run by internationally certified experts with offices in Malaysia, Singapore, Hong Kong, Indonesia, the USA, and Myanmar. IX Telecom; your ultimate gateway to South East Asia and the World!
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Vynn Capital
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 4 investments in Malaysia SaaS startups

Vynn invests in entrepreneurs with strong operational involvement and capability to maintain a well-cultured team. Key industries for us are Travel, Property, Food & FMCG and Female Economics. We also focus on industry enablers such as logistics fulfilment and fintech in enhancing industry efficiencies.

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Investment focus

  • Industry: Retail, Automotive, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Malaysia, Indonesia, Singapore

Investor stats

  • Total investments: 15
  • Round size: Seed $350k–$4M; Series A $3M–$4M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2019

Portfolio highlights

  • ServAuto — Book trusted car maintenance and upgrades in minutes. ServAuto connects you with verified workshops, genuine parts, and transparent pricing.
  • Borong — Dropee is a SaaS-enabled marketplace that connects local independent retailers with brands in South East Asia via an ordering app. The marketplace's unique value proposition makes it easier for businesses both big and small to manage their procurement and supply chain ecosystem. It allows businesses to get connected in order to buy and sell inbulk and the enterprise solution allows businesses to streamline their operational processes to work more efficiently and effectively.Dropeee’s platform connects suppliers with small-to-medium enterprise (SME) business owners in real-time to streamline the product fulfillment process and facilitate bulk purchases through a suite of enterprise solutions. The supply-chain in Malaysia and across Southeast Asia lacks meaningful real-time connectivity between suppliers and retailers. The modern, digital approach to the wholesale industry allows retailers to discover, purchase, and manage inventories for their store all on a single marketplace platform.
  • MediSun Energy — MediSun Energy is a technology-driven company dedicated to providing clean and affordable energy. The company's WEGEN Reverse Electrodialysis (RED) technology transforms saltwater into electricity, unlocking the ocean's immense potential for renewable energy. Dedicated to achieving a net-carbon-neutral future, the goal is to build a worldpowered entirely by clean, sustainable energy through the seamless integration of commercial viability and eco-friendly solutions.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 4 investments in Malaysia SaaS startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

  • Industry: Financial Services, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 824
  • Round size: Seed $1.4M–$8.8M; Pre-Seed $637k–$5M; Series A $4M–$33M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • Tino — Tino is building the future B2B payment network. The company allows merchants to use their credit card receivables as credit collateral, accessing working capital seamlessly and cheaply.Due to this increase in merchant purchase power, suppliers can boost their commercial opportunities, while keeping their default risk under control. The companyultimately aims to streamline the commercial relationship between merchants and their suppliers, leveraging data to boost transactions for B2B buying and selling.Pedro Sonego de Oliveira and Luis Eduardo Cascão founded Tino on November 2021. It has its headquarter in São Paulo, Brazil.
  • Bold — Bold creates financial tools that allow users to increase sales by receiving card payments. The company was founded by José Vélez, Ana María Sandoval, Enríque Ramírez, Jorge Ulloa, and Sergio Vergara in 2019 and is headquartered in Bogotá, Distrito Especial, Colombia.
  • Clever Care Health Plan Inc. — Clever Care delivers culturally sensitive Medicare options in Southern California that honor and represent the cultural values of the communities we serve. Health and wellness, centered around you.
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Susquehanna International Group
VC Fund · Bala Cynwyd, Pennsylvania, United States · 4 investments in Malaysia SaaS startups

Discover Susquehanna, a global quantitative trading firm built on a rigorous, analytical foundation in financial markets.

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Investment focus

  • Industry: Software, Blockchain, Cryptocurrency
  • Stage:Series A, Series B, Seed
  • Geography: United States, China, Singapore

Investor stats

  • Total investments: 153
  • Round size: Seed $2.5M–$20M; Series A $3.5M–$35M; Series B $6M–$55M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Cabital — Cabital is a secure, simple and sensible crypto investment platform. Buy and sell crypto at leading rates. Earn passive income of up to 12% APY.
  • CoinRoutes — CoinRoutes services the worlds most successful crypto trading firms by helping them execute their bespoke strategies.
  • WEE marketplace — WEE is an internet-based company operating from the United Arab Emirates, focusing on providing a marketplace platform that caters to the needs of its users by offering a wide selection of goods with the convenience of fast delivery services. Established in 2021, WEE aims to enhance the shopping experience by ensuring that customers can shop onlineand receive their orders swiftly, emphasizing the value of saving time. With a team of 45 employees, WEE supports various payment methods, including Cash on Delivery, and promotes customer satisfaction with a 14-day free return policy. The company also engages in community activities, such as sponsoring events, to maintain a close relationship with its user base.
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DVE Sapta
VC Fund · Petaling, Kuala Lumpur, Malaysia · 3 investments in Malaysia SaaS startups

DVE Sapta invests funds time and resources in creating long-term enterprises based on disruptive and bold multidisciplinary innovations.

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Investment focus

  • Industry: Information Services, Information Technology
  • Stage:Seed
  • Geography: Malaysia

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Asia Mobiliti — ENABLING A MOBILITY
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Asia Venture Group
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia SaaS startups

Asia Venture Group is a hands-on, private Internet Holding Company and focuses on long-term value creation in South East Asian online markets. Asia Venture Group targets the sweet spots of the Asian internet space by combining: state of the art international know-how and expertise, rigorous execution excellence, outstanding international managementtalent, and the best local partners. Asia Venture Group focuses on digital distribution models and is extremely selective in terms of the companies it supports, which allows strong engagement in day-to-day operations.

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Investment focus

  • Industry: E-Commerce, Internet, Food and Beverage
  • Stage:Series A, Seed, Series C
  • Geography: Malaysia, India, Japan

Investor stats

  • Total investments: 14
  • Round size: Seed $500k–$14M; Series A $1M–$23M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $78M in 2019

Portfolio highlights

  • BeatFit — BeatFit is a fitness-tech startup based in Japan.
  • Bem Robotics — Bem Robotics is developer of indoor industrial robotics technology designed to improve automated material handling and operational control
  • Flower Chimp — Best Price online for fresh Flowers by #1 florist in Malaysia with same day FREE Delivery on all orders. Shop for Roses, Sunflowers, Baby Breath flower bouquets & gifts from a wide selection for any occasion at FlowerChimp. Over 200 bouquets, stands and hampers to choose from - all prepared by experienced professionals
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Falnas Capital
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia SaaS startups

Falnas Capital is an investment firm focused on developing world-class businesses within Malaysia and globally.

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Investment focus

  • Industry: EdTech, Software, Education
  • Stage:Seed, Pre-Seed
  • Geography: Malaysia, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $233k–$5M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Pandai — Pandai is an education app that offers a personalized learning experience through curriculum-based daily quizzes, tests, exams, videos to help students get better grades.
  • Rena World — Rena World develops and produces both dry and moist pouch formats for leading brands and partners committed to advancing pouch technology and manufacturing excellence.
  • Proficient Software — Cut construction delays & budget overruns with Proficient project management software. Designed for construction experts by construction experts.
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TH Capital
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia SaaS startups

TH Capital is a Malaysian based Venture Capital firm with strong South East Asian connections. TH Capital is a platform that empowers and accelerates ventures with capital infusion, business consultancy, strategic mentorship and strong networking opportunities. TH Capital occupies a unique position in the Malaysian funding landscape with a strongfocus on technology innovation geared towards nation building activities.

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Investment focus

  • Industry: FinTech, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Malaysia, Singapore, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $450k–$1.5M; Series A $6.8M–$13M; Series B $5M–$15M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Nuel — Nuel is a Supply chain management software company that offers data analytics, inventory mitigation, and data forecasting solutions.
  • Versa Asia — Versa is a digital wealth management app that makes saving and investing easy and accessible, so you can achieve financial wellness.
  • Naluri Life — Naluri is a human-driven, AI-augmented digital health solution that delivers improvements in mental and physical health.
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Axiata Digital Innovation Fund
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia SaaS startups

Axiata Digital Innovation Fund is a technology venture fund formed by Axiata Berhad.Axiata has controlling interests in six mobile operators under the brand names of ‘Celcom’ in Malaysia, ‘XL’ in Indonesia, ‘Dialog’ in Sri Lanka, ‘Robi’ in Bangladesh, ‘Smart’ in Cambodia and ‘Ncell’ in Nepal, with strategic interests in ‘Idea’ in India and ‘M1’in Singapore.

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Investment focus

  • Industry: Apps, Retail, Fitness
  • Stage:Series A, Series B
  • Geography: Malaysia, Singapore, Sri Lanka

Investor stats

  • Total investments: 7
  • Round size: Series A $302k–$12M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • TheLorry — We offer a wide range of moving services from house moving to cross-border relocation.
  • Signature Market — Healthy Snacks Malaysia - Buy natural & organic products at 20% - 50% off. Signature Market wants to make healthy living accessible & affordable to all Malaysian families.
  • MyDoctor — MyDoctor is a digital health solution company that provides medical services using technology.
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Jungle Ventures
VC Fund · Singapore, Central Region, Singapore · 3 investments in Malaysia SaaS startups

Jungle Ventures is one of Southeast Asia's largest independent venture capital firms based in Singapore. We invest in early and growth-stage startups in Southeast Asia and India, focused on building category-defining businesses that stand the test of time.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 175
  • Round size: Seed $604k–$5.2M; Series A $3.3M–$30M; Series B $8M–$45M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Livspace — India's Most Trusted Home Interior Design & Renovation Service Company. Get Expert Interior Designers to Create the Most Beautiful Living Rooms, Bedrooms, Bathrooms & More, be it New Home Interiors or Renovation. Flat 10-year warranty* Book a Free Consultation with an Expert Interior Designer.
  • NirogStreet — NirogStreet is the best platform for Ayurveda doctors. Learn and Earn from top Ayurveda Experts and get authentic Ayurvedic medicines at the best deals.
  • Milaap — Free fundraising for all. 0% Fees charged on donations received
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AirAsia Digital
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia SaaS startups

AirAsia's corporate venture capital arm managing airasia Super App, Teleport, and BigPay

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Investment focus

  • Industry: Messaging, Credit, Mobile
  • Stage:Seed, Series A
  • Geography: Malaysia, Thailand, Singapore

Investor stats

  • Total investments: 7
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Eko — Turning workplaces into places where all employees can thrive.
  • BigPay — BigPay is a mobile app with a card providing a simple interface for you to spend, send, receive and track money - anywhere in the world. Get yours for FREE.
  • AirAsia BIG Loyalty Programme — AirAsia BIG enables its members to enjoy the lowest flight rates across all countries served by AirAsia.
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The Hive Southeast Asia
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 3 investments in Malaysia SaaS startups

The Hive Southeast Asia is a VC fund backed by Palo Alto-based venture capital firm The Hive, Tuas Capital Partners, and Sunway. The Hive applies its entrepreneurial and operational experience to accelerate company building.

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Investment focus

  • Industry: FinTech, Marketplace, Human Resources
  • Stage:Seed, Series A
  • Geography: Malaysia, Singapore

Investor stats

  • Total investments: 11
  • Round size: Seed $117k–$4M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Collektr — Collektr is a live streaming community marketplace where users can buy, sell, and exchange collectible things in a secure environment. It's also a gathering place for keen collectors to discuss their common interests in a wide range of products and categories.
  • AI Nusantara — AI Nusantara is research institution that focuses on educating and developing AI talents in Southeast Asia.
  • Halogen — Halogen is a developer of a digital platform intended to simplify digital wealth management.
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Accord Ventures
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Malaysia SaaS startups

Accord Ventures is a venture capital firm that believes in and supports the potential of Asian entrepreneurs. It has invested in more than 50 startups in Japan, the United States, Taiwan, and Southeast Asia, and new technologies that bring new value to society, such as IoT, AI, and fintech, with a focus on platform businesses that utilize ITtechnology. And new services are supported.

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Investment focus

  • Industry: Internet, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Japan, United States, Malaysia

Investor stats

  • Total investments: 44
  • Round size: Seed $775k–$31M; Series A $5.1M–$45M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Opt Fit — Opt Fit is a fitness industry that provides fitness, wellness and health-care services.
  • Yondemy — Yondemy is an online platform for children reading books.
  • Flow Solutions — You have to know to grow. Flow’s AI-powered platform focuses retail executives, marketing and store teams on actionable steps to delightful customer experiences. Flow leverages IoT and existing retail data sources to standardize data communication across large retail chains while using AI to enable data-centric decision-making through all levels ofthe organization.
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Redline Blockchain Capital
VC Fund · 2 investments in Malaysia SaaS startups

Redline Blockchain Capital is an investment firm.

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Investment focus

  • Industry: Social, Mobile Apps, Social Media
  • Stage:Seed
  • Geography: Malaysia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Torum — Convert your crypto to Ringgit and spend it at any DuitNow QR-enabled merchant with ease.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Waterdrip Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in Malaysia SaaS startups

Waterdrip capital invests in blockchain industries.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Series A
  • Geography: Singapore, Canada, United States

Investor stats

  • Total investments: 33
  • Round size: Seed $1M–$6M; Series A $2.8M–$3.7M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • TonUP — TonUP offers cryptocurrencies as well as IDO services.
  • 4Everland — 4EVERLAND is a Web 3.0 cloud computing platform that integrates storage, computing, and network core capabilities.
  • Ordz Games — Ordz Games is a gaming provider for the Bitcoin eco-chain.
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A.GAIN (Formerly IDC Ventures)
VC Fund · Madrid, Madrid, Spain · 2 investments in Malaysia SaaS startups

IDC Ventures is the venture capital arm of Grupo IDC, a Latin American investment bank founded in 1995. Grupo IDC’s activities cover Private Equity, Venture Capital, Real Estate, Infrastructure, Corporate Finance, and a Guatemalan Broker-Dealer. For the past decade, IDC has been involved in technology start-ups through co-managed funds, directinvestments, and joint ventures, working with tech companies to accelerate their penetration and expansion across LATAM. The latest fund is created by a select group of corporate leaders, successful entrepreneurs. and venture capitalists from Latin America.This fund will invest in tech start-ups from Series A to growth stages across Europe, the US, and Latin America.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Series A, Series B
  • Geography: United States, United Kingdom, Brazil

Investor stats

  • Total investments: 44
  • Round size: Series A $4M–$23M; Series B $12M–$48M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Curve — Curve is a banking platform that consolidates cards and accounts into one smart card and app.It allows customers to supercharge their legacy banks to the 21st century without leaving their bank or topping-up. Curve offers a host of benefits to its customers; it makes cards fee-free when spending abroad, get instant notifications andcategorization of spend, earn an instant 1% cashback at the likes of Amazon, Uber, Netflix and Sainsbury’s and Time Travel enables customers to swap spend to a different card in the app for up to two weeks after the purchase was made. Curve also offers Curve Customer Protection, a policy that covers all credit and debit card payments made via the Curve card up to £100,000, giving cardholders an extra layer of protection for disputes with merchants and any unauthorised use of their Curve card. IDC Ventures backs Curve with Fuel Venture Capital, Vulcan Capital, OneMain Financial, and Novum Capital backs Curve.Shachar Bialick, Anna Mostyn Williams, and Tom Foster-Carter established the company in London, England in 2015.
  • Osigu — Osigu provides an insurance management platform intended to be used for data processes and data transfers. The company's insurance management platform helps in all the transactions and data transfers that happen between insurance providers, insurance partners, and the customers eliminating all the over processed and haphazard paperwork foundin the back end systems, enabling clients with a reliable and efficient technology that helps them to serve their millions of customers easily without any hassle.The company was established in 2015 and is headquartered in Guatemala.
  • Rive — Kodit.io is redefining how people buy, sell, and rent homes by eliminating time-consuming and costly procedures related to every real estate transaction. The company offers instant buying and data-driven brokerage services to home sellers and freshly renovated and safe city apartments for home buyers. Quick, easy, and transparent.Since beingfounded in 2017, the company has transacted homes worth over 90M euros and raised 121M in funding. The team comes from a colorful range of backgrounds, all the way from entrepreneurship to academics and Nordea to Harvard Business School. As of December 2020, Kodit.io consists of 45+ people from 7 different nationalities.Kodit.io is headquartered in Helsinki and is operating in all the major cities in Finland as well as Warsaw, Poland, and Madrid, Spain. Kodit.io service concept is developed by Homerun Technologies Ltd.You can find more about us: www.kodit.io/en
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Vertex Ventures Southeast Asia & India
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia SaaS startups

Vertex Ventures Southeast Asia and India invests in high-growth start-ups seeking their first round of institutional venture capital funding in Southeast Asia and India, with a primary focus on Singapore, India, Indonesia, Thailand and other emerging hubs of innovation across the region. It has a long and strong track record of investing in early-stage startups and building champions like Grab, Patsnap, 17Live, Nium, FirstCry, Licious, AsianParent, Validus, Warung Pintar, and others.

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Investment focus

  • Industry: E-Commerce, SaaS, FinTech
  • Stage:Series A, Series B, Seed
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 131
  • Round size: Seed $2.2M–$5.5M; Series A $3M–$14M; Series B $6.7M–$40M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Attentive — Get automated takeoffs, create first-of-its-kind instant quotes, and manage leads with a lightning fast CRM.
  • Proactive For Her — Proactive For Her offers judgement-free, personalized, and confidential healthcare for Indian women. Online, at-home, and in-clinic services in Bengaluru.
  • Quantified Energy Labs — Leaders in on-site PV module quality evaluation
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UpHonest Capital
VC Fund · San Francisco, California, United States · 2 investments in Malaysia SaaS startups

UpHonest Capital is a sector agnostic early-stage VC based in Silicon Valley. We invest in Seed, Pre-A, and Series A stages and many of our portfolio companies go on to receive later-stage investments from Sequoia, Accel, a16z, and others. We have invested in over 400 portfolio companies including Checkr, Boom, Astranis, Rippling, Turing, etc. We have an overseas vision and an active innovative ecosystem, which integrates a high-quality entrepreneur community, innovation events, media & communication coverage, and entrepreneurship education.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, China, Singapore

Investor stats

  • Total investments: 205
  • Lead/follow: no public data

Portfolio highlights

  • MoeGo — MoeGo is a pet grooming software for your schedules, messages and payments.
  • xBloom — Discover the art of specialty coffee at home with xBloom. Crafted by global experts, experience the exquisite complexity in every cup. Elevate your coffee journey today.
  • M.AI Unbound — Scale Google Ads with AI PPC management. MAI connects your data, finds profit-driving opportunities, and optimizes campaigns daily with full transparency.
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Hibiscus Fund
VC Fund · 2 investments in Malaysia SaaS startups

Hibiscus Fund LP by RHL Ventures Sdn Bhd, one of the venture capital (“VC”) fund managers under the Dana Penjana Nasional programme

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Investment focus

  • Industry: Artificial Intelligence, Apps, Mobile
  • Stage:Series A, Series B
  • Geography: Malaysia, Singapore

Investor stats

  • Total investments: 7
  • Round size: Series A $3.1M–$8.4M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Soft Space — From its inception in Kuala Lumpur, Malaysia in 2012, Soft Space has grown to become the leading mobile Point of Sales (mPOS) provider in the South East Asia region, present in 13 banks across Malaysia, Indonesia, Thailand, Singapore, Vietnam, the Philippines, Australia and New Zealand.The Soft Space centralised Mobile Point-­‐of-­‐Salespayment platform aims to revolutionise the payment industry by enabling anyone to accept card based payments. It is certified EMV Level 2, the first in Asia to achieve this, and is also certified by MasterCard and Visa; a testament to its security, credibility and is recognised globally.Soft Space has won multiple awards including the Red Herring Top 100 Asia 2014, Merit Winner of the WITSA’s Global ICT Excellence Awards, APICTA’s Best Financial Application Award 2013, APICTA’s Best Start Up 2013, and AICTA’s award for the Best Start Up in the ASEAN region.
  • Versa Asia — Versa is a digital wealth management app that makes saving and investing easy and accessible, so you can achieve financial wellness.
  • StealthMole — Uncover hidden threats in the dark web and enhance your cybersecurity with StealthMole's advanced dark web threat intelligence platform. Learn more.
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IdeaRiverRun
VC Fund · Selangor, Selangor, Malaysia · 2 investments in Malaysia SaaS startups

IRR is a private equity fund and incubator, that identifies and works with talented individuals and companies to create the best possible platforms in the digital age, to meaningfully engage and serve clients and communities.

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Investment focus

  • Industry: Shopping, Automotive, E-Commerce Platforms
  • Stage:Seed, Series A
  • Geography: Malaysia

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Carsome — Carsome is an online used car platform that provides efficient car selling services to individuals and entities. Through its online bidding portal, customers are able to sell their vehicles directly to dealers. Carsome facilitates the entire car selling process from inspection to valuation, bidding, and payment as well as logistics needs, allowingthe customers to sell their cars.It was founded in 2015 and headquartered in Malaysia, the company has expanded to Indonesia, Thailand, and Singapore.
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FTX Ventures
VC Fund · Nassau, New Providence, Bahamas · 2 investments in Malaysia SaaS startups

For builders, by builders. We back great teams building great products.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 85
  • Lead/follow: no public data

Portfolio highlights

  • Joepegs — Dive into Joepegs, the leading Web3 platform for NFTs and digital collectibles. As a cultural hub in the Web3 space, we offer secure buying, selling, and discovery of innovative digital assets.
  • Lemon Cash — Lemon Cash is digital wallet with FIAT and crypto capabilities. End to end digital ecosystem for Latin America.
  • Edge Tradeworks — Edge Tradeworks is a marketplace platform that offers an easier and more efficient way to whole loan trading. The platform facilitates whole loan trading via algorithmic counterparty matching, sophisticated loan analytics, and online price negotiation. It also offers an innovative solution to increase profitability, enhance asset-liabilitymanagement, and expand footprint.Loan Transactions and Technologyreplaces the manual, an opaque, and slow process used by banks and credit unions to buy and sell loans with an automated and transparent platform filled with unparalleled analytical resources. Their mission is to provide their clients with simple control over their own trades.
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Skywater Capital
VC Fund · Honolulu, Hawaii, United States · 2 investments in Malaysia SaaS startups

Skywater Capital is a cryptocurrency digital asset index fund.

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Investment focus

  • Industry: Social, Mobile Apps, Social Media
  • Stage:Seed
  • Geography: Malaysia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Torum — Convert your crypto to Ringgit and spend it at any DuitNow QR-enabled merchant with ease.
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Venturra
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Malaysia SaaS startups

Empowering outstanding entrepreneurs across Southeast Asia in creating the next defining technology companies.

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Investment focus

  • Industry: E-Commerce, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 69
  • Round size: Seed $1M–$6M; Series A $4M–$12M; Series B $4M–$60M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $150M in 2015

Portfolio highlights

  • FR8Labs — FR8Labs offers a practical freight forwarder solution that includes all of the modules required, without the extraneous trappings of overly sophisticated features that may not use but wind up paying for.
  • Saladin — Saladin is an online platform that provides life, health, automotive, and travel insurance services.
  • Klinik Pintar — Klinik Pintar membantu pasien mendapatkan layanan kesehatan primer terbaik di klinik, rumah, dan kantor.
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Lotus Capital
VC Fund · New York, New York, United States · 2 investments in Malaysia SaaS startups

Lotus Capital Investments

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Investment focus

  • Industry: Gaming, Blockchain, Mobile Apps
  • Stage:Seed
  • Geography: Egypt, Norway, Estonia

Investor stats

  • Total investments: 11
  • Round size: Seed $1.5M–$2.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Joystream — JoyStream is a blockchain powered decentralized media distribution, curation, discovery, and monetization platform.
  • Forward Protocol — Create Blockchains, Subnets, and dApps with A No-Code Interface Wordpress for Web 3.0 Cross-Chain Compatible Industry Agnostic Adoption-Focused Deploy Your dApp Now Join the Community Featured In Deploy and go live in a few minutes. No programming skills required. https://www.youtube.com/watch?v=K07z8cQPQGI&ab_channel=ForwardProtocol Lowest Barrier to Entry Easy to use Open Source Drag and drop Complete control Set
  • The Fashion Kingdom — Fashion, Sneakers for men, women, and kids
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Angel One Network
VC Fund · Burlington, Ontario, Canada · 2 investments in Malaysia SaaS startups

Join Angel One Investor Network: Your Path to Profitable Investments. Curated ventures, expert angel investors, and more. Take action now!

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Angel, Seed, Series A
  • Geography: Canada, United States, Malaysia

Investor stats

  • Total investments: 71
  • Round size: Seed $100k–$2.3M; Angel $68k–$2M; Series A $1.1M–$7M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Torum — Convert your crypto to Ringgit and spend it at any DuitNow QR-enabled merchant with ease.
  • Coldblock — Coldblock Technologies Inc delivers short wave infrared sample digestion technology to prepare samples for analysis, accuracy and safety.
  • fraction/al — Fan Ownership Platform that empower fans to own a piece of their favorite sports team.
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Spiral Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia SaaS startups

Our former entity “IMJ Investment Partners” was established in 2012 by IMJ Corporation (“IMJ”), a major digital marketing company, as an independent venture capital subsidiary in Japan. After IMJ was acquired by Culture Convenience Club (“CCC”) in 2013, we continued our investment activities independently, and eventually relocated our office toSingapore to change our strategy and start a venture capital fund for the Southeast Asia market. In 2015, we established the Japan office and started a venture capital fund for the Japanese market.In tandem with the expansion of our business, we left the CCC Group, changed our name to “Spiral Ventures” in 2017, and made a fresh start as an independent venture capital firm.taken from https://spiral-ventures.com/en/group-info/

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Investment focus

  • Industry: E-Commerce, Internet, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 101
  • Round size: Seed $500k–$4.5M; Series A $1.5M–$72M; Series B $10M–$103M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Ixyas — Ixyas offers internet service planning, operation, marketing support, and sales services.
  • Technology 9 Labs (T9L) — T9L is India's first Startup Studio which has a complete ecosystem to evolve a startup into a success story.
  • Instapay Technologies — Instapay is the only e-wallet in Malaysia to offer a corporate portal. It enables you to self-manage the salary payment process with greater visibility. It serves to streamline payroll processing within organizations while promoting finances.
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Momentum 6
VC Fund · San Francisco, California, United States · 2 investments in Malaysia SaaS startups

Building momentum for ideas in WEB3.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 80
  • Round size: Seed $1.4M–$8.4M; Pre-Seed $1.2M–$2M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • NodeOps — NodeOps offers AI-enabled infrastructure to Node Operators, speeding Web3 protocol development.
  • RiskLayer — RiskLayer is an economic security middleware for DeFi and providing services and validating Creating positive feedback loops.
  • E Money Network — E Money Network is a modular Real-World Asset (RWA) blockchain technology designed with compliance at its core.
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Integra Partners
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia SaaS startups

We invest in early stage companies run by exceptional founders using technology to drive change and inclusion in financial services and digital health.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series A, Seed
  • Geography: Singapore, Philippines, Indonesia

Investor stats

  • Total investments: 52
  • Round size: Seed $1.5M–$12M; Series A $4.1M–$18M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $90M in 2023

Portfolio highlights

  • Graas — Graas uses predictive AI to scale revenue and drive profitable growth for eCommerce businesses
  • CleanHub — Become plastic neutral with CleanHub and prevent ocean bound plastic before it can cause damage
  • MedznMore — MedznMore makes quality healthcare effortless, reliable, and affordable. MedznMore is a digital healthcare innovator, dedicated to improving access to healthcare by blending technology and innovation to solve problems associated with modern-day pharmacies.
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Patamar Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia SaaS startups

Patamar Capital is Southeast Asia's leading impact-driven venture capital firm. Founded in 2011, Patamar invests in early-stage companies building sector-defining platforms that maximize positive impact and financial returns.

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Investment focus

  • Industry: FinTech, Financial Services, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: Vietnam, Indonesia, Singapore

Investor stats

  • Total investments: 46
  • Round size: Seed $2.4M–$5M; Series A $779k–$15M; Series B $1.1M–$20M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • SwipeRx — Collect CPD points Online pharmacist/SKP Online pharmacist for free, get access to the latest pharmacy news and medical information.
  • Peddlr — Peddlr is a free POS mobile app for small businesses. Effortlessly track and manage your sales, expenses, inventory, and transactions. Use it anytime, anywhere, and even offline!
  • MyShubhLife — MyShubhLife is a full stack financial services provider for the Next Half Billion. With Real-time analytics and credit reports based on alternative data, MyShubhLife reaches unserved and underserved market segments to provide meaningful financial inclusion.MyShubhLife has further strengthened its financial inclusion goal through its financialwellness program for corporates and individuals by expanding its portfolio to include Mini and Micro loans, Insurance, Mutual Fund SIPS, Tax filing service and more.
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Adobe Fund for Design
VC Fund · 2 investments in Malaysia SaaS startups

Shape the future of design and creativity through the Adobe Fund for Design. This $10 million fund provides equity investments and grants to developers. Fund recipients will receive expert advice, early access to products and technology, go-to-market support, and more.

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Investment focus

  • Industry: Web Design, Developer Tools, SaaS
  • Stage:Seed, Series A
  • Geography: United States, Malaysia, United Kingdom

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • CAGE — Creative collaboration just got easier. With Cage, you can design, revise, & share assets quickly & securely with clients. Collaborate better to celebrate sooner.
  • zeroheight — zeroheight creates a central hub for designers, engineers, product and marketing teams. Connect everyone with your design system.
  • LottieFiles — Effortlessly bring the smallest, free, ready-to-use motion graphics for the web, app, social, and designs. Create, edit, test, collaborate, and ship Lottie animations in no time!
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Argor Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Malaysia SaaS startups

Argor Capital is an early stage venture fund focused on the fast growing markets of Southeast Asia.

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Investment focus

  • Industry: E-Commerce, FinTech, Mobile Apps
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, India, Vietnam

Investor stats

  • Total investments: 41
  • Round size: Seed $4M–$10M; Series A $3M–$36M; Series B $12M–$55M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $240M in 2023

Portfolio highlights

  • Octen AI — Octen AI is an AI-native search infrastructure firm focused on developing the ultimate retrieval layer for the LLM age. Octen AI offers world-class search infrastructure services to developers and companies worldwide, enabling the next generation of AI-powered applications and agentic processes.
  • AI Hay — AI Hay develops an AI-driven answer engine that allows users to access information through a question-and-answer format. The company combines hyperlocal, culturally nuanced knowledge discovery engines with social loops to enhance community validation and perspectives. It utilizes in-house specialized large-language models, retrieval-augmentedgeneration (RAG), and social features to build a knowledge discovery platform that serves the community.
  • SeIndonesia — Se’Indonesia is a fastest growing Indonesian Quick Service Restaurant chain. providing high-quality protein that is flavorful, nutritious, accessible, and affordable. The company specializes in smoked beef bowls, leveraging a proprietary smoking process that delivers distinct taste and aroma rooted in Indonesian culinary tradition.Founded with avision to revolutionize the food industry, Se’Indonesia emphasizes product integrity, operational scalability, and efficient delivery formats. Through its commitment to honest cooking and accessible nutrition, the company is positioned to lead the next generation of quick-service food solutions across Indonesia and beyond.
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Harvard Management Company
VC Fund · Boston, Massachusetts, United States · 2 investments in Malaysia SaaS startups

Harvard Management Company is an organization that manages the financial investments of the Harvard University.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Pre-Seed, Series D
  • Geography: United States, Mexico, Chile

Investor stats

  • Total investments: 29
  • Round size: Seed $1.5M–$4.5M; Pre-Seed $1M–$2M; Series D $130M–$355M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Glitzi — Terapeutas certificados y expertos en belleza confiables, que garantizan la mejor experiencia.
  • Bibit.id — Beli Reksa Dana & Obligasi Negara dengan mudah di aplikasi. Mitra Distribusi SBN Terbaik 2022-2024. Diawasi OJK.
  • Source — Discover SOURCE Water, a renewable, clean drinking water solution made possible by the power of Hydropanels
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ACA Investments
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia SaaS startups

ACA Investments is a fund manager.

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Investment focus

  • Industry: Artificial Intelligence, Financial Services, Drones
  • Stage:Series A, Series B, Series D
  • Geography: Japan, Malaysia, Hong Kong

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Gojo & Company — We are enabling financial inclusion for everyone by partnering with financial service providers.
  • Sprout Solutions — Sprout is a payroll and HR software provider, focusing on emerging markets. Sprout fully automates timekeeping and attendance, replacing spreadsheets and printed forms with biometrics, single-click processing, and prescriptive analytics. Sprout has strong traction in the Philippines and a growing presence in Singapore and Indonesia.
  • Instapay Technologies — Instapay is the only e-wallet in Malaysia to offer a corporate portal. It enables you to self-manage the salary payment process with greater visibility. It serves to streamline payroll processing within organizations while promoting finances.
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East Pacific Capital Private Limited
VC Fund · Singapore, Central Region, Singapore · 2 investments in Malaysia SaaS startups

Venture capital in Asia and Latin America

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Investment focus

  • Industry: B2B, B2C, SaaS
  • Stage:Seed
  • Geography: Malaysia, Indonesia

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Tune Protect — Tune Protect is a digital insurance provider that underwrites and reinsures non-life insurance products through its subsidiary companies. The company operates two core businesses; an online business, through which it sells insurance products to customers in more than 20 different markets as part of their online booking process with its onlinepartners or directly with offices in Kuala Lumpur and Dubai, and a general insurance business in Malaysia and Thailand, through its subsidiaries Tune Protect Malaysia and Tune Protect Thailand respectively.
  • WHIP Mobility — Disruptive SAAS platform in automotive retail
  • HOTEL NIDA — HOTEL NIDA is ASEAN's fastest growing hotel chain
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SaaS VC funding in Malaysia at a glance

Stats across 435 deals from 355 investors.

355
investors
in Malaysia SaaS startups
435
deals
in Malaysia SaaS startups
$700k
median round
in Malaysia SaaS startups
46%
lead investors
lead at least one round
27%
Seed
most common funding stage

Access all 355 VC funds in Malaysia SaaS startups.

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