Top Venture Capital Firms in Singapore: 2026 Guide

Published: 22 July 2026 · Last reviewed: 16 October 2026 · Reviewed by Ray Tay, Co-Founder & Managing Director, VIVOS PTE. LTD. (ACRA Filing Agent FA20240323 · MOM EA Licence 24S2425)

Quick answer: Many venture capital firms invest from Singapore. At early stage, from pre-Series A to Series B, examples include Golden Gate Ventures, Monk’s Hill Ventures, Qualgro and Vertex Ventures Southeast Asia and India. Jungle Ventures and East Ventures invest from seed to growth stage, while Vertex Growth and B Capital run growth funds. Government co-investment flows through Startup SG Equity.

What are the top venture capital firms in Singapore?

Singapore-based companies raised S$5.9 billion across 472 venture deals in 2025, down 34% in value from 2024, according to EY-Parthenon and Enterprise Singapore (Enterprise Singapore). The firms below are described by what they publish about their own stage, sector and geography.

Leading firms by specialization and market presence:

Jungle Ventures: seed to Series C across Southeast Asia and India; an EDB GIP-select fund manager
Golden Gate Ventures: early stage, founded in 2011 and headquartered in Singapore; invests across Asia and the Middle East
Monk’s Hill Ventures: pre-Series A and Series A technology investor in Southeast Asia, founded in 2014
Wavemaker Partners: enterprise, deep tech and sustainability; an early-stage fund plus a growth fund for Series B and later
Spiral Ventures: early stage across India, Japan and Southeast Asia, with a first check of about US$1 million according to the firm
Tin Men Capital: Series A investor focused on B2B technology companies in Southeast Asia
TRIVE: early-stage technology investor (pre-seed to Series A), founded in 2015
Vickers Venture Partners: deep tech investor founded in 2005, headquartered in Singapore and investing globally
Qualgro Partners: Series A and B investor in B2B, data and AI, and software across Southeast Asia
B Capital: global multi-stage investor with a Singapore regional headquarters; an EDB GIP-select fund manager
East Ventures: sector-agnostic, seed to growth stage, founded in 2009; an EDB GIP-select fund manager
Investigate VC: Singapore-based, seed to Series B, investing globally
Vertex Ventures Southeast Asia and India: sector-agnostic, seed to Series B

EDB’s list of GIP-select funds is one objective filter. Managers need at least S$1 billion in assets under management, at least three funds raised and a general partner with 10 years of track record, and Global Investor Programme Option B applicants (individuals applying for Singapore PR) invest S$25 million into these funds. EDB’s August 2026 list names B Capital, East Ventures, Granite Asia, HHLR (Hillhouse), Insignia Ventures Partners, Jungle Ventures and Vertex Venture Management; EDB notes that selection is not an endorsement.

How do the top Singapore VC firms compare?

Each firm occupies a distinct niche. The table maps the key dimensions that matter most to founders and investors evaluating their options.

Firm	Stage	Sectors	Geography	Verified fact
Jungle Ventures	Seed to Series C	Consumer, B2B, software	Southeast Asia and India	EDB GIP-select fund manager
Golden Gate Ventures	Early stage	Consumer-driven technology, B2B SaaS	Asia and the Middle East	Founded 2011, headquartered in Singapore
Monk’s Hill Ventures	Pre-Series A and Series A	Technology	Southeast Asia	Founded 2014
Wavemaker Partners	Early stage; growth fund for Series B and later	Enterprise, deep tech, sustainability	Southeast Asia	Growth fund first close in November 2024
Spiral Ventures	Early stage	AI, blockchain, fintech, greentech and others	India, Japan, Southeast Asia	First check about US$1 million (firm)
Tin Men Capital	Series A	B2B technology	Southeast Asia	Singapore-based
TRIVE	Pre-seed to Series A	Technology, Web3, AI	Southeast Asia	Founded 2015
Vickers Venture Partners	Early stage	Deep tech	Global	Founded 2005, headquartered in Singapore
Qualgro Partners	Series A and B	B2B, data and AI, software	Southeast Asia	Singapore office
B Capital	Early to late stage	Technology, healthcare, energy and resilience	Global	EDB GIP-select fund manager; Singapore regional HQ
East Ventures	Seed to growth	Sector-agnostic	Southeast Asia and Japan	EDB GIP-select fund manager; founded 2009
Investigate VC	Seed to Series B	Tech platforms, AI and data, fintech, climate, deep tech	Global	Singapore-based
Vertex Ventures SEA and India	Seed to Series B	Sector-agnostic	Southeast Asia and India	Fund V of US$541 million (2023)

Stage, sector and geography are as each firm describes itself on its own website, checked on 16 October 2026. VIVOS is not a venture capital firm and is not part of this comparison.

Jungle Ventures backs founders from seed through Series C, with initial checks of US$500,000 to US$20 million according to the firm. Monk’s Hill Ventures invests at pre-Series A and Series A. Beyond capital, the most useful firms bring networks, introductions and operating experience.

Wavemaker Partners invests in enterprise, deep tech and sustainability, and added a growth fund for Series B and later rounds in 2024. Spiral Ventures invests across India, Japan and Southeast Asia, with a first check of about US$1 million.

VIVOS is not a venture capital firm. For founders who need corporate infrastructure alongside fundraising, VIVOS covers incorporation, compliance, fundraising preparation and banking support across Singapore, Malaysia, Hong Kong and the UAE.

Do venture capital fund managers need a MAS licence?

Generally yes. Fund management is a regulated activity under the Securities and Futures Act, and MAS has offered a simplified regime for venture capital fund managers (VCFMs) since 20 October 2017. Under it, each fund the manager runs must:

invest at least 80% of committed capital in securities issued by unlisted businesses incorporated no more than 10 years before the first investment;
stop taking new subscriptions once fundraising closes, and allow redemption only at the end of the fund’s life;
be offered only to accredited and institutional investors.

VCFMs have no minimum base capital under MAS’s VCFM compliance toolkit, but MAS’s other licensing and anti-money laundering requirements still apply. Founders can check any manager’s status in the MAS Financial Institutions Directory before signing a term sheet.

How do you choose the right VC firm in Singapore?

Selecting the right VC partner depends on more than fund size. Stage alignment, sector expertise, and the quality of post-investment support all determine whether a partnership creates value or friction.

Key selection criteria:

Stage fit: Confirm the firm actively invests at your current stage. A growth-stage fund evaluating a pre-revenue startup wastes both parties’ time.
Sector specialization: Firms such as Qualgro (B2B, data and AI, software) and Vickers Venture Partners (deep tech) publish a clear sector focus, while East Ventures and Vertex Ventures describe themselves as sector-agnostic. Misaligned sector focus limits the value-add beyond capital.
Geographic mandate: Southeast Asia-focused funds may have limited networks outside the region. Spiral Ventures’ India, Japan and Southeast Asia mandate suits founders targeting those markets.
Operational support: Ask specifically what the firm does after writing a check. Board seats, hiring introductions, and customer referrals are concrete deliverables; vague “mentorship” is not.
Fund ownership alignment: Firms where the team invests alongside its limited partners signal genuine conviction. Ask about the general partner’s personal commitment to the fund.

Questions to ask during due diligence:

What is your typical follow-on investment policy?
How many portfolio companies are you actively supporting right now?
Can you introduce us to two founders you backed who did not achieve their targets?
What governance expectations do you place on portfolio companies post-investment?

Pro Tip: Request a reference call with a founder the VC backed through a difficult period, not just a success story. How a firm behaves when a portfolio company struggles reveals far more than its pitch deck.

Alignment of interests between investor goals and startup vision is the single most important factor in avoiding conflicts during volatile phases.

How do corporate services support Singapore’s VC ecosystem?

Securing VC funding is one milestone. Building the corporate infrastructure to receive, deploy, and account for that capital is a separate discipline entirely.

Core services startups and investors need:

Company incorporation and shareholder structure setup
Corporate secretarial and statutory compliance
Banking account opening and treasury support
Fundraising preparation and investor-ready documentation
Tax planning, GST registration, and annual filing
Immigration and employment pass support for foreign founders

Corporate governance and board engagement are critical to protecting investment value. Weak controls reduce company valuation at exit, regardless of product quality. This is not a compliance checkbox; it is a commercial priority.

VIVOS provides fundraising preparation advisory that covers investor-ready documentation, due diligence support, and corporate records management. For international founders, VIVOS also handles company incorporation and banking setup, removing the administrative friction that delays funding rounds.

What deal sizes and investment stages do Singapore VC firms prefer?

Singapore VC firms operate across a broad spectrum of stages, from pre-seed to late growth. VC firms manage pooled capital from institutional investors and deploy it in exchange for equity, not as fee-for-service lenders.

Published data is a better guide than rules of thumb. In the first half of 2026, median Southeast Asian deal sizes were about US$0.9 million at pre-seed, US$3.7 million at seed and US$8 million at Series A, according to Kickstart Ventures and DealStreetAsia (TNGlobal). Singapore’s median deal value across all stages was US$4.5 million in 2025, per EY-Parthenon and Enterprise Singapore. Firm-stated ranges:

Jungle Ventures: initial checks of US$500,000 to US$20 million.
Spiral Ventures: first check of about US$1 million.
TRIVE Ventures: US$1 million to US$5 million at seed to Series A.

Minimum viable traction expectations vary by stage. Seed-stage investors typically want a working product and early user data. Series A investors expect demonstrated revenue growth and a clear path to unit economics.

How long does it take to secure VC funding in Singapore?

The funding process from first contact to capital in the bank typically spans three to six months, though complex rounds or cross-border structures can extend that timeline.

Typical process stages:

Initial outreach and screening (2–4 weeks): warm introductions through founder networks or accelerators accelerate this stage significantly
Partner meetings and deep dives (4–8 weeks): multiple rounds of meetings covering market, team, and financials
Term sheet negotiation (2–4 weeks): key terms include valuation, board composition, pro-rata rights, and anti-dilution provisions
Due diligence (4–8 weeks): legal, financial, and corporate records review; clean cap tables and organized statutory documents reduce delays
Legal documentation and closing (2–4 weeks): subscription agreements, shareholder agreements, and regulatory filings

Founders who arrive with organized corporate records and clean compliance histories close faster. Gaps in statutory filings or unresolved cap table issues are the most common causes of deal delays in Singapore.

Which sectors attract the most VC investment in Singapore?

Singapore’s VC activity concentrates in sectors where the city-state holds structural advantages: regulatory clarity, talent density, and proximity to high-growth Southeast Asian markets.

Top sectors by VC activity:

Fintech: Singapore’s MAS licensing framework and sandbox make it a common base for regional fintech expansion; fintech is one of several sectors for generalist funds such as Investigate VC.
Enterprise software and SaaS: Wavemaker Partners and Qualgro Partners target B2B software with regional deployment potential
Deep tech and AI: AI drew over S$1.8 billion, about 30% of Singapore’s 2025 venture funding, according to EY-Parthenon and Enterprise Singapore. Vickers Venture Partners and Wavemaker Partners back deep tech, and Spiral Ventures lists AI and blockchain among its sectors.
Sustainability and climate tech: Growing mandate across multiple funds, driven by both commercial opportunity and LP requirements
Digital economy and e-commerce: Jungle Ventures and East Ventures maintain broad exposure to consumer internet and marketplace models across Southeast Asia

Government co-investment runs mainly through Startup SG Equity, run by Enterprise Singapore and EDB, which co-invests alongside independent third-party investors. Budget 2026 added S$1 billion for early- and growth-stage deep tech, including direct growth-stage investments by SG Growth Capital, formed in April 2025 from EDBI and SEEDS Capital. GIP-select funds must also invest at least half of the GIP money they receive (or S$50 million if lower) in Singapore-based companies in EDB-promoted sectors.

Corporate VC, sector-agnostic and growth-stage investors in Singapore

Corporate venture capital arms

Singtel Innov8: Singtel’s venture arm, investing since 2010; launched a US$250 million AI Growth Fund in March 2026.
UOB Venture Management: wholly owned by UOB; has financed more than 100 private companies since 1992.
SC Ventures: Standard Chartered’s innovation and venture unit, set up in 2018.
ST Engineering Ventures: ST Engineering’s corporate venture unit for cybersecurity, robotics, IoT, cloud and autonomy.
Saison Capital: the venture capital arm of Credit Saison, investing at early stage.

Before taking corporate money, ask what the parent expects in return, such as commercial pilots, information rights or a right of first refusal.

Sector-agnostic VCs

East Ventures: seed to growth stage since 2009; in February 2026 it said it would focus on AI-first, healthtech, consumer tech and climate tech.
Vertex Ventures Southeast Asia and India: seed to Series B.
BEENEXT: describes itself as industry-agnostic, with sector themes set per fund.

Growth-stage investors

Vertex Growth: founded in 2019; the firm reports US$760 million under management.
B Capital: growth-to-late-stage funds, with a Singapore regional headquarters.
Wavemaker Growth: Wavemaker Partners’ fund for Series B and later.
SG Growth Capital: government-owned; makes direct growth-stage deep tech investments under Startup SG Equity.
Jungle Ventures: invests up to Series C.

VIVOS offers a different path for founders entering Singapore’s VC market

Most founders approaching Singapore’s VC ecosystem focus entirely on the pitch. The corporate infrastructure behind the pitch, including the company structure, compliance records, banking relationships, and tax position, often gets addressed too late.

VIVOS handles the full corporate setup for international entrepreneurs and startups preparing for VC investment in Singapore. Services cover company incorporation, corporate secretarial, banking support, accounting, tax filing, and fundraising advisory, all under one provider. For founders who need to move fast without building an internal admin team, VIVOS provides the governance foundation that investors expect to see before they write a check.

Key Takeaways

Singapore’s VC ecosystem rewards founders who combine the right firm selection with clean corporate infrastructure from day one.

Point	Details
Stage alignment matters most	Match your funding stage to the firm’s mandate before any outreach; misaligned pitches waste months.
Governance drives valuation	Weak corporate controls reduce exit price regardless of product quality; build compliance early.
AI leads the money	AI drew about 30% of Singapore’s 2025 venture funding: over S$1.8 billion of S$5.9 billion.
Funding timelines run 3–6 months	Clean cap tables and organized statutory records are the fastest way to shorten due diligence.
VIVOS covers the corporate layer	VIVOS is not a VC; it provides incorporation, compliance, banking and fundraising preparation for founders entering Singapore’s VC market.

FAQ

What VC funds are active in Singapore?

Singapore-based venture funds cover every stage. Golden Gate Ventures, Monk’s Hill Ventures and Qualgro invest at early stage, from pre-Series A to Series B. Jungle Ventures and East Ventures invest from seed to growth, and Vertex Growth and B Capital run growth-stage funds. In 2025, Singapore-based companies raised S$5.9 billion across 472 venture deals, according to EY-Parthenon and Enterprise Singapore.

How do I shortlist Singapore venture capital firms?

One objective filter is EDB’s list of GIP-select funds. To qualify, a manager needs at least S$1 billion in assets under management, at least three funds raised and a general partner with 10 years of investment track record. EDB’s August 2026 list names B Capital, East Ventures, Granite Asia, HHLR (Hillhouse), Insignia Ventures Partners, Jungle Ventures and Vertex Venture Management. EDB notes that selection is not an endorsement.

Which corporate venture capital arms invest in Singapore?

Examples include Singtel Innov8, which launched a US$250 million AI Growth Fund in 2026; UOB Venture Management, a wholly owned UOB subsidiary that has financed private companies since 1992; Standard Chartered’s SC Ventures; ST Engineering Ventures; and Saison Capital, the venture arm of Credit Saison. Before signing, ask what the parent expects in return, such as commercial pilots, information rights or a right of first refusal.

Which Singapore VCs are sector-agnostic?

East Ventures, founded in 2009, describes itself as sector-agnostic and invests from seed to growth across Southeast Asia. Vertex Ventures Southeast Asia and India calls itself a sector-agnostic VC and invests at seed, Series A and Series B. BEENEXT describes itself as industry-agnostic. Sector-agnostic does not mean thesis-free: in February 2026, East Ventures said it would focus on AI-first, healthtech, consumer tech and climate tech.

Who provides growth-stage VC in Singapore?

Vertex Growth, founded in 2019, reports US$760 million under management. B Capital has a Singapore regional headquarters and runs growth-to-late-stage funds. Wavemaker Partners’ growth fund targets Series B and later rounds. SG Growth Capital, formed in April 2025 from EDBI and SEEDS Capital, invests directly in growth-stage deep tech startups under the expanded Startup SG Equity scheme. Jungle Ventures invests up to Series C.

Do VC fund managers need a MAS licence?

Generally yes. Fund management is a regulated activity under the Securities and Futures Act. Since 20 October 2017, MAS has offered a simplified venture capital fund manager (VCFM) route. Each fund must invest at least 80% of committed capital in unlisted businesses incorporated no more than 10 years before the first investment, be closed to new subscriptions after fundraising, be redeemable only at the end of its life, and be offered only to accredited or institutional investors. VCFMs have no minimum base capital.