Venture Capital Firms in Singapore131

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1982 Ventures
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256 Ventures
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8Capita
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Altergate
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Amand Ventures
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+19
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Antler
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Astronaut Capital
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Asia
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Top Venture Capital Firms in Singapore

Singapore sits at the centre of Southeast Asian startup activity for reasons that go beyond tax efficiency. Its regulatory environment is transparent, MAS has actively courted fund managers, and the city-state's role as a financial hub keeps capital, founders, and co-investors within a small geographic radius. For early-stage companies building across Southeast Asia, a Singapore-based VC often acts as both a local lead and a regional gateway, which is why the country punches above its weight in fund headquarters.

Private Equity List tracks ten VC firms operating out of Singapore in this directory, ranging from sub-$15 million seed specialists to multi-hundred-million growth platforms. The filterable table above lets you sort by stage, sector, check size, and region. The profiles below cover what the filters can't: what each firm actually prioritises, and where they genuinely differ from one another.

1. Alpha JWC Ventures

With approximately $650 million in total AUM and a single fund close of $433 million, Alpha JWC Ventures operates at a scale that separates it from most Singapore-headquartered early-stage investors. Founded in 2015, the firm debuted out of Jakarta before establishing its Singapore headquarters, and that dual-market origin shows in how it deploys capital. Its 137-plus investments and 17 exits span early to growth-stage technology companies across Southeast Asia, with a typical check size of $10 to $50 million.

That check size is the practical filter for most founders. Alpha JWC is not writing $1 million seed rounds. If you are raising a Series A or beyond and your business model has clear regional scale potential, the firm's track record and fund depth make it one of the more relevant institutional options in the region.

A fifth fund targeting $200 to $300 million was in early fundraising with roughly $70 million in commitments at the time of last reported data, suggesting continued deployment capacity.

2. Antler

Antler's model is structurally different from every other firm on this list. Rather than evaluating companies that come to it, Antler runs founder-matching residency programs in 27 cities globally, including Singapore, and invests at the point of company formation. Since its founding in 2017, it has made over 1,300 investments, a volume that no conventional VC in this directory comes close to. Total AUM reached $1 billion in 2024.

The trade-off is check size. Antler's per-investment amounts are small, typically in the range of $260,000 based on its Australian fund as a reference point, and the model is optimised for founders who are earlier than early, those who may not yet have a co-founder, a product, or even a fully formed idea.

For a pre-product founder in Singapore who wants structured support finding a team and validating a concept, Antler is the logical starting point on this list. For a company already generating revenue and raising a Seed or Series A, the relevant firms are elsewhere.

3. Artesian

Founded in 2004 by Jeremy Colless, Matthew Clunies-Ross, and John McCartney, Artesian has had longer to build a portfolio than almost any other firm here. With $1.4 billion in AUM and over 600 startup investments, the scale of activity is significant. The firm's early-stage VC funds alone account for more than AUD $255 million, and its check sizes run from $50,000 to $1 million, which places it squarely at the pre-seed and seed end of the spectrum.

The 2022 launch of an AUD $100 million Female Founders Fund is a meaningful structural commitment, not a marketing overlay, and it reflects the kind of thematic positioning that distinguishes Artesian from generalist seed investors. Founders in that cohort should treat it as a primary rather than an ancillary consideration when building a target list.

4. Amand Ventures

Fifty-nine investments and partnerships with over 50 startups across Asia is a reasonably active pace for an early-stage firm of Amand Ventures' profile. What distinguishes its structure is the permanent capital model, an arrangement that removes the fund-lifecycle pressure conventional VCs face as they approach the end of a vintage. Founded in 2016 and sector-agnostic by stated mandate, the firm concentrates in practice on AI, fintech, and edtech, with ticket sizes of $1 to $5 million.

Permanent capital funds tend to think differently about follow-on timing and exit pressure, which can be an advantage for founders who are not planning a near-term liquidity event. That structural point is worth factoring in when comparing Amand against conventional fund managers in a similar check-size range.

5. 1982 Ventures

1982 Ventures closed $12.5 million of its $15 million seed fund target in 2021, about a year after its founding. The fund is explicitly sized for early-stage enterprise AI and fintech, with a focus on founders building infrastructure for Southeast Asia rather than consumer-facing products. Deal sizes run from approximately S$1 to S$2 million, with capacity to participate up to S$5 million in a given round.

The Southeast Asia infrastructure angle is specific enough to matter. Several of the other firms here are regional generalists or have broader global mandates. 1982 Ventures is oriented toward the back-end: payments rails, lending infrastructure, AI tooling for financial services. If that is where your company sits, the firm's thesis alignment is tighter than most alternatives in this directory.

6. 8Capita

8Capita has been operating since 2012, making it one of the more established early-stage names in Singapore's VC ecosystem by founding date. By November 2016 the firm had invested in 40 companies. Historical average check size has been reported at $2.4 million, consistent with a seed-to-early-Series-A positioning.

The firm's published revenue figure of approximately $2 million annually points to a lean management structure, which often correlates with a more hands-on, concentrated approach to portfolio support. Founders looking for institutional backing with a small-team dynamic may find that profile relevant.

7. Aetius Capital

The most notable data point for Aetius Capital is that the ventures it has backed or advised have collectively raised more than $1 billion from institutional investors since the firm's founding in 2016. That is an advisory and facilitation track record as much as a direct investment one, and it suggests the firm's value may lie in its network and co-investor relationships as much as in the size of its initial check. Reported deal sizes of $1.5 to $3 million per investment are consistent with a seed and early-Series-A focus.

Published sourced data on Aetius is thinner than for several other firms here, so founders should treat the $1 billion aggregate figure as a starting point for due diligence rather than a complete picture.

8. Anthill Ventures

Anthill Ventures operates across Seed, Series A, and Series B, which gives it a broader stage range than most firms in this directory. Its reported fund size is $100 million, with a check size window of $500,000 to $10 million. That range is wide enough to mean Anthill can lead a first institutional round and participate meaningfully in later tranches, a relatively rare combination at this fund size.

The sourced data on portfolio performance is limited, one reported successful exit against 30 total investments. However, the broad stage mandate and the upper end of its check size range make Anthill relevant for founders who are thinking about a single investor relationship through multiple rounds rather than re-running a full fundraising process at every stage.

9. Astronaut Capital

Astronaut Capital was founded in Singapore in 2017 specifically to invest in the cryptocurrency and digital asset market. Its AUM falls in the $1 to $5 million range, which places it among the smaller vehicles in this directory. The firm's founding rationale referenced the then-record ICO fundraising environment, with over $1.3 billion raised in the ICO market that year.

As a thematic fund, its relevance is narrow but clear: founders in the crypto, digital assets, or blockchain infrastructure space who want backing from a firm that was purpose-built for that market. For everyone outside that vertical, the other names on this list are more applicable.

10. 256 Ventures

Founded in Singapore in 2019, 256 Ventures is described as a global cryptocurrency fund managing a diversified portfolio across digital assets. Its AUM falls in the $1 to $5 million range. Sourced data on the firm is limited, but the positioning as a crypto-focused vehicle distinguishes it clearly from the generalist and fintech-oriented funds in this directory.

For founders in the blockchain or digital assets space, 256 Ventures and Astronaut Capital are the two most directly relevant options here by mandate, though Astronaut predates 256 by two years and its founding context is better documented.

Let’s Recap

Taken together, these ten firms represent a wider spread of models than “Singapore VC” suggests. Alpha JWC Ventures and Antler sit at opposite ends of the deployment logic: one writes $10–50 million checks into companies with established regional traction, the other invests at formation stage across 27 cities for roughly $260,000 a time. Artesian, with over 600 investments and $1.4 billion in AUM, dwarfs smaller vehicles like 1982 Ventures and 8Capita in scale, though the latter two have tighter thesis focus, which matters for founders in fintech and enterprise AI.

Amand Ventures' permanent capital structure sets it apart from every other fund here, relevant specifically if your timeline doesn't fit a conventional seven-to-ten year cycle. Aetius and Anthill both sit in the seed-to-early-growth middle ground with broad sector mandates, but Aetius's strength is institutional introductions and follow-on facilitation, while Anthill's wider stage range supports longer investor continuity. The two crypto-native funds, 256 Ventures and Astronaut Capital, have the narrowest mandates in the group and are most relevant for digital asset founders.

For practical targeting:

  • Pre-product, pre-team: start with Antler.
  • Pre-seed, fintech or enterprise AI, Southeast Asia infrastructure: 1982 Ventures has a tighter mandate match than most alternatives here.
  • Series A at $10 million or above, proven regional traction: Alpha JWC is the most relevant by check size and track record.

Stage, sector, and check-size alignment will narrow the list faster than any other filter, and the table above lets you apply all three simultaneously.

Frequently Asked Questions

Check sizes vary widely by stage. At pre-seed, investors like Antler deploy around $250,000 to $300,000. Seed-stage specialists such as 1982 Ventures and 8Capita typically write $1 to $2.5 million per deal. At Series A and growth stage, firms like Alpha JWC Ventures operate in the $10 to $50 million range. Matching your raise to the right stage tier matters more than reaching any single firm by name.
Fintech and enterprise technology dominate, reflecting Singapore's role as a regional financial hub. Several firms in this directory, including 1982 Ventures and Aetius Capital, are explicitly fintech-oriented. AI is increasingly a stated focus rather than an implicit assumption, and a subset of firms, including 256 Ventures and Astronaut Capital, are dedicated to crypto and digital assets.
Most Singapore VCs receive inbound deal flow through warm introductions from founders in their existing portfolio or from co-investors. Building relationships with founders who have already closed with your target firm is generally more effective than cold outreach. Stage and sector fit should be confirmed before any approach, as mismatched applications consume time on both sides.
In 2023, VC funding in Singapore reached approximately S$8.2 billion in deal value. The market recorded a compound annual growth rate of around 37% over the five years prior, with an all-time high of $4.2 billion in 2022. Singapore consistently ranks as the largest VC market by deal value in Southeast Asia.
Most do. The firms in this directory are Singapore-headquartered but invest across Southeast Asia as a region, and in some cases globally. Alpha JWC Ventures, for example, originated in Jakarta and deploys across the broader region. Antler operates in 27 cities internationally. A Singapore base typically reflects where the fund manager and legal entity sit, not a geographic restriction on portfolio companies.
It depends on the firm. Antler invests before a company formally exists. Firms like 1982 Ventures and Artesian work at pre-seed and seed. Alpha JWC and Anthill engage from Series A onward, and the latter can follow through to Series B. The directory table above can be filtered by stage, which is the fastest way to see which firms in PEL's database match your current round.

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