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Top Venture Capital Firms in Singapore: A Comprehensive Guide (2025)

Singapore has established itself as Southeast Asia's undisputed venture capital gateway, leveraging its strategic position, world-class infrastructure, transparent legal system, and pro-business government policies. The city-state serves as regional headquarters for most global VC firms operating in ASEAN and has spawned homegrown champions including Grab, Sea Group, and Lazada. In 2024, Singapore-based startups raised approximately SGD 13.1 billion ($9.8B), reflecting the city's growing importance as a hub for fintech, logistics, and increasingly AI and deep tech. The Monetary Authority of Singapore's (MAS) progressive fintech sandbox and regulatory approach continue to attract global innovators.

VC Funding Trends in Singapore

VC Funding in Singapore (2020–2024, $B) $20B$15B$10B$5B$0B $6.9B2020$17.8B2021$15.2B2022$8.4B2023$9.8B2024

The chart above illustrates Singapore's venture funding trajectory from 2020 to 2024. After the record-setting boom of 2021 driven by zero-interest-rate monetary policy, the market experienced a correction in 2022–2023 before showing signs of stabilisation in 2024. Singapore remains a significant force in the global venture landscape.

Ecosystem Overview

CitySingapore, Singapore
Total VC Funding (2024)$9.8 billion
Active Startups~4,500
Year-over-Year Growth+16.7%
Top VC Firms Profiled10

Singapore's startup ecosystem benefits enormously from government support through agencies like Enterprise Singapore and the National Research Foundation. The city's position as a gateway to 670 million ASEAN consumers makes it an ideal launch pad for regional expansion. NUS (National University of Singapore) and NTU (Nanyang Technological University) are among Asia's top research universities, producing strong engineering and business talent. Block71, LaunchPad, and JTC Launchpad serve as key startup hubs. Singapore's regulatory sandbox approach, particularly in fintech, has made it a testing ground for innovative financial products.

Top 10 VC Firms in Singapore

1. Temasek Holdings (Vertex Ventures)

Founded1974
AUM$290B+ (Temasek total), $5B+ (Vertex)
Typical Check Size$2M–$100M
StageSeries A to Growth
Focus AreasEnterprise, Consumer, Health, Deep Tech, Climate
Notable ExitsSea Group (IPO), Grab (IPO), Patsnap
Key PortfolioSea Group, Grab, Pine Labs, FirstCry
Key PartnersChua Kee Lock (Vertex), Ben Mathias, Carmen Yuen

2. GGV Capital (Asia)

Founded2000
AUM$9.2B+ (global)
Typical Check Size$1M–$80M
StageSeed to Growth
Focus AreasEnterprise, Consumer, Fintech, Deep Tech
Notable ExitsGrab (IPO), Alibaba (IPO), Xiaomi (IPO)
Key PortfolioGrab, Slack, Airbnb, HashiCorp, Boss Zhipin
Key PartnersJixun Foo, Jenny Lee, Hans Tung

3. Golden Gate Ventures

Founded2011
AUM$500M+
Typical Check Size$250K–$5M
StageSeed to Series A
Focus AreasConsumer, Fintech, Logistics, Health
Notable ExitsRedmart (acq. Lazada), 99.co, Travelmob (acq. HomeAway)
Key PortfolioShopBack, Carousell, Carro, Doctor Anywhere
Key PartnersVinnie Lauria, Paul Bragiel, Michael Lints

4. Jungle Ventures

Founded2012
AUM$1B+
Typical Check Size$1M–$25M
StageSeries A to Series C
Focus AreasConsumer, Enterprise, Fintech, Health
Notable ExitsVarious ASEAN exits
Key PortfolioKredivo, Moglix, Livspace, Doctor Anywhere
Key PartnersAmit Anand, David Gowdey, Yash Sankrityayan

5. Insignia Ventures Partners

Founded2017
AUM$500M+
Typical Check Size$500K–$15M
StageSeed to Series B
Focus AreasEnterprise, Consumer, Fintech, Logistics
Notable ExitsVarious ASEAN exits
Key PortfolioFunding Societies, Carro, Aspire, Ninja Van
Key PartnersYinglan Tan, Samir Chaibi, Paulo Joquiño

6. Sequoia Capital Southeast Asia

Founded2020
AUM$3B+ (regional)
Typical Check Size$500K–$100M
StageSeed to Growth
Focus AreasConsumer, Enterprise, Fintech, Health
Notable ExitsGojek/GoTo (IPO), Tokopedia (merged GoTo)
Key PortfolioGoTo, Carousell, Xendit, GudangAda
Key PartnersShailendra Singh, Abheek Anand, Pieter Kemps

7. B Capital Group

Founded2015
AUM$6B+
Typical Check Size$5M–$60M
StageSeries B to Growth
Focus AreasEnterprise, Health, Fintech, Consumer
Notable ExitsVarious global exits
Key PortfolioNinja Van, Icertis, Nium, Evidation Health
Key PartnersEduardo Saverin, Raj Ganguly, Kabir Narang

8. Monk's Hill Ventures

Founded2014
AUM$400M+
Typical Check Size$500K–$10M
StageSeed to Series B
Focus AreasEnterprise SaaS, Deep Tech, Consumer
Notable ExitsVarious ASEAN exits
Key PortfolioGlints, Codiga, NodeFlair, Reebelo
Key PartnersPeng T. Ong, Kuo-Yi Lim, Justin Nguyen

9. Wavemaker Partners

Founded2003
AUM$500M+
Typical Check Size$250K–$10M
StageSeed to Series B
Focus AreasEnterprise, Deep Tech, Health, Climate
Notable ExitsVarious ASEAN exits
Key PortfolioZipmex, Homage, SWAT Mobility, ProSpark
Key PartnersPaul Santos, Eric Manlunas, Danny Tan

10. East Ventures

Founded2009
AUM$600M+
Typical Check Size$100K–$5M
StagePre-seed to Series A
Focus AreasConsumer, E-commerce, Fintech, Logistics
Notable ExitsTokopedia (merged GoTo), Traveloka (cont.)
Key PortfolioTokopedia, Mercari, ShopBack, IDN Media
Key PartnersWillson Cuaca, Batara Eto, Melisa Irene

How to Approach VCs in Singapore

Breaking into Singapore's venture capital scene requires a strategic approach. Here are key recommendations for founders seeking funding:

Key Takeaways

Singapore offers a compelling environment for venture-backed startups, with $9.8 billion deployed in 2024 across approximately 4,500 active startups. The city's leading VC firms bring not just capital but deep sector expertise, operational support, and access to global networks. Whether you're a first-time founder or a serial entrepreneur, understanding the landscape of Singapore's top venture capital firms is essential for choosing the right partner for your growth journey.

Data sourced from Crunchbase, PitchBook, CB Insights, and firm disclosures. Figures are approximate and reflect publicly available information as of early 2025. Fund sizes represent assets under management across all active funds.

Last updated: March 2025 | predict.ventures