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Top 5 VC Funds & Investors in Cambodia (June 2026)

The most active venture capital funds investing in Cambodia startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Cambodia startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
UNICEF Innovation Fund
VC Fund
2 India, Kenya, Argentina Grant, Seed, Non-Equity Assistance Health Care, Artificial Intelligence, Software $30k–$101k
X Venture Holdings
VC Fund
2 Cambodia, Myanmar Seed, Pre-Seed Medical, Education, Logistics
Insitor Partners
VC Fund
1 India, Cambodia, Pakistan Seed, Series A Financial Services, FinTech, Finance
EXS Capital
VC Fund
1 Vietnam, Cambodia Series A, Private Equity Hotel, Travel, Tourism
Opes Impact Fund
VC Fund
1 Italy, Kenya, India Seed, Series A Communities, Agriculture, Energy $219k–$910k
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Investor list

UNICEF Innovation Fund
VC Fund · New York, New York, United States · 2 investments in Cambodia startups, 9 in the past 12 months

The UNICEF Innovation Fund is a pooled funding vehicle to quickly assess, fund and grow open-source solutions that have been developed in new and emerging markets.UNICEF's Innovation (Venture) Fund is a newly established, non-thematic, pooled fund which has been specifically designed to finance early stage, open-source technology that canbenefit children. The core motivation of the Innovation Fund is to identify "clusters" or portfolios of initiatives around emerging technology - so that UNICEF can both shape markets and also learn about and guide these technologies to benefit children. They invest in solutions that can impact the lives of the most vulnerable children. They find these solutions clustered around $100billion industries in frontier technology spaces, such as: blockchain, UAVs, virtual and augmented reality, 3D printing, machine learning, quantum computing, genetic engineering, Internet of Things, artificial intelligence, nano-satellites and human dynamics.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Software
  • Stage:Grant, Seed, Non-Equity Assistance
  • Geography: India, Kenya, Argentina

Investor stats

  • Total investments: 24
  • Round size: Seed $30k–$100k; Grant $100k–$101k; Non-Equity Assistance $100k–$100k
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • VivaMama — VivaMama is a digital postpartum recovery platform that is reinventing maternal care in metropolitan areas.
  • KAIROS — KAIROS is a health-focused corporation formed by professionals in health training, engineering, and protection. KAIROS creates educational solutions that anticipate hazards and empower individuals in prevention.
  • Ibu Punya Mimpi — Ibu Punya Mimpi offers consulting services and online platforms for mothers to gain knowledge and expand business networks.
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X Venture Holdings
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 2 investments in Cambodia startups

X Venture Holdings ("XVH") is a Hong Kong based investment fund that focuses on funding and creating value for startups and early stage growth companies in Southeast Asia. XVH believes in a sector agnostic approach to investing and managing its portfolio companies around the region. Along with its partners and co-investors, XVH focuses ondeveloping mutually beneficial partnerships with innovative and status quo challenging founders who are looking to change the world for the better. XVH's focus sectors primarily include but not limited to tech, healthcare, and consumer services.

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Investment focus

  • Industry: Medical, Education, Logistics
  • Stage:Seed, Pre-Seed
  • Geography: Cambodia, Myanmar

Investor stats

  • Total investments: 6
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Max Icon PLC — Healthcare Holding Company
  • Jalat Logistics — Effortless, fast, and reliable delivery solutions designed to keep your business moving smoothly. With real-time tracking, same-day delivery, and seamless integration, Jalat Logistics makes shipping easier and more efficient than ever.
  • XVH Learning Hub — XVH Learning Hub is a learning platform that curates and offers training programs for startup and SME business owners (in Myanmar and beyond) with the aim to equip the program participants with real-world skill sets to help navigate through the entire entrepreneurial journey, from venture ideation to fundraising and cross border expansion. Theoffered programs will aim to provide training and insights into building up, scaling, and expanding the businesses into regional and ultimately international ventures.
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Insitor Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Cambodia startups

Insitor Partners pioneered impact investing as the first impact fund manager to set up operations in Southeast Asia, and a pioneer investor in India and Pakistan. We back entrepreneurs building life-changing solutions for low-income consumers.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: India, Cambodia, Pakistan

Investor stats

  • Total investments: 31
  • Lead/follow: no public data

Portfolio highlights

  • HROne — HROne helps companies to automate the employee lifecycle. Awarded best cloud-based software in India & trusted by 4+ lacs users across 18+ industries.
  • Boost Capital — Boost Capital is a fintech company that offers online microfinance services at lower rates. It uses innovative technology to pre-qualify customers within minutes of applying for a loan based on ability and probability to repay. Boost Capital enables both collateralized and uncollateralized loans, with loan size across the small business spectrum(from $100 to $10,000). Its platform automates the loan application for MFI partners and allows customers to hear back on their loan applications 100x faster than through traditional paper-based loan applications.The company was founded in 2018 and is headquartered in Singapore.
  • Butterfly Learnings — Butterfly Learnings is a Leading ABA Therapy, Speech Therapy, and Occupational Therapy Center for parents with special needs children having autism, ADHD, speech delays, down syndrome, learning disabilities & much more.
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EXS Capital
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Cambodia startups

We focus exclusively on privately-negotiated investments in Asia, seeking either majority or shared control. We invest opportunistically across industries, including real estate, one of the biggest publicly listed businesses in the region. In Asia, we believe the distinction among traditional alternative investment styles – buyout, growth,distressed, mezzanine, PIPEs, activist, real estate opportunity, etc. – is relatively meaningless. Indeed, many of our most successful deals have combined elements of several of these styles. We make the investment suit the opportunity.

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Investment focus

  • Industry: Hotel, Travel, Tourism
  • Stage:Series A, Private Equity
  • Geography: Vietnam, Cambodia

Investor stats

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

Portfolio highlights

  • Mad Monkey — Discover amazing backpacker hostels across Southeast Asia. Air-con dorms, rooftop bars, pools, and vibrant social atmosphere. Book direct for best rates!
  • SON KIM LAND — SON KIM LAND is an investment and development company that develops people with empowerment culture as career-oriented individuals. The company creates an environment where people with integrity, leadership, and commitment work together as a team to achieve a vision. The company recruits capable employees, encourage, and support the continuousdevelopment of the skills and knowledge, and motivate to produce results.SON KIM LAND was founded on 1993 and is headquartered in Ho Chi Minh City, Vietnam.
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Opes Impact Fund
VC Fund · Milano, Lombardia, Italy · 1 investments in Cambodia startups

Opes-Lcef is an impact investor that provides catalytic capital to early-stage social enterprises in emerging markets.

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Investment focus

  • Industry: Communities, Agriculture, Energy
  • Stage:Seed, Series A
  • Geography: Italy, Kenya, India

Investor stats

  • Total investments: 43
  • Round size: Seed $219k–$910k
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Refolo — Refolo is a type B social cooperative that sees social agriculture as having a dual impact: social and environmental. Refolo was created with the aim of creating an agro-ecological and social corridor that runs through the province of Brescia from north to south with the hope that administrations and other communities will come together to generatea positive impact on the environment and the community.Refolo operates in an area located between the municipalities of Brescia, Collebeato, Villa Carcina and Montirone, territories that share the presence of agricultural areas that over the years have been abandoned due to their unsuitability for intensive agriculture and lack of interest by new generations and that are now ready to start again.
  • Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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VC funding in Cambodia at a glance

Stats across 24 deals from 21 investors.

21
investors
in Cambodia startups
24
deals
in Cambodia startups
$1.3M
median round
in Cambodia startups
76%
lead investors
lead at least one round
38%
Seed
most common funding stage

Access all 21 VC funds in Cambodia startups.

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