Investors Directory

AppWorks is a Taipei, Taiwan-headquartered venture capital firm and startup accelerator founded in 2009 by Jamie Lin, who continues to lead the firm as Chairman & Partner. What began as the AppWorks Accelerator in 2010 has grown into a four-fund venture platform managing roughly US$350 million, with a self-reported network of 660+ active portfolio startups, thousands of founders, and tens of billions of dollars in cumulative portfolio valuation. AppWorks describes itself as one of the most active early-stage investors in "Greater Southeast Asia," a self-coined term reflecting its dual base spanning Taiwan and the wider Southeast Asian region. Its portfolio includes several of the region's best-known technology successes — Carousell, 91APP, Tiki, Dcard, ShopBack, and Web3 names like Animoca Brands and Dapper Labs among them. Its direct Philippine footprint is thin but real: its own investments page names one Philippine company, Clout Kitchen (an AI-powered creator-economy startup founded by three Filipino repeat founders), which AppWorks led at the pre-seed stage in 2024 — the firm itself notes its portfolio "underrepresents the Philippines relative to other regional markets like Indonesia and Vietnam."

Do Ventures is a Vietnam-headquartered venture capital firm describing itself as a leading early-stage investor across Vietnam and Southeast Asia, led by Managing Partners Vy Le and Archer Goh alongside an investment team that includes Venture Partner Thuc Vu. The firm's own materials reviewed for this profile did not disclose an exact founding year, headquarters city, or total fund size, though regional trade press confirms the firm is currently investing out of a Fund II, which received a US$10 million commitment from an Australian government impact-investment vehicle specifically earmarked to support early- and growth-stage SMEs. Do Ventures has also positioned itself as a policy and research voice in Vietnam's startup ecosystem, serving as lead research partner for Vietnam's "Innovation & Private Capital Report 2026." The firm's disclosed portfolio spans a wide range of Vietnamese and regional technology companies including Coolmate (consumer/e-commerce), Bizzi (fintech/spend management), Finhay (wealth-tech), Manabie and VUIHOC (edtech), MFast and Palexy (retail/fintech-adjacent tech), and Metub (media), reflecting broad early-stage activity across Vietnam's fast-growing digital economy rather than one narrow vertical.

EDBI is the dedicated corporate investment arm of the Singapore Economic Development Board (EDB), the Singapore government agency responsible for planning and executing strategies to strengthen the country's position as a global business hub. EDBI was established in 1991 and is headquartered in Singapore, operating as a global investor in high-growth technology companies with an explicit mandate tied to advancing Singapore's own strategic economic and industrial interests, rather than as a purely financial-return-driven independent fund. Leadership names and a specific fund-size/AUM figure were not confirmed in the sources reviewed for this profile. EDBI's stated investment focus spans Information & Communication Technology (ICT), Emerging Technology, and Healthcare, and its disclosed recent deal activity — including participation in large growth-stage rounds for the AI company Lumilens, US semiconductor firm HyperLight, Singapore-based chipmaker Silicon Box, AI company Amity, a majority-stake acquisition in Advanced Micro Foundry, and a follow-on investment in wastewater-treatment firm Hydroleap — shows a firm operating comfortably at global scale, well beyond a Singapore-only investment footprint, while still anchored to sectors of strategic national interest for Singapore.

💰 Check size: Over $5M

ICCP SBI Venture Partners is a joint venture between ICCP Venture Partners — the Philippines' longest continuously operating venture capital firm, tracing back to 1998 — and SBI Holdings, a major Japanese financial services group. Based in Makati, the firm had made 31 investments as of November 2023, combining ICCP's decades of local market experience with SBI's regional capital and network. Confirmed portfolio includes Philippine sari-sari store platform GrowSari, Singapore-based AI recruitment platform X0PA AI, and Singapore-based proptech marketplace Propseller — reflecting a mandate that reaches beyond the Philippines into wider Southeast Asian technology deals.

Insignia Ventures Partners is a Southeast Asian early-to-growth-stage venture capital firm founded in 2017 by Yinglan Tan, a former Sequoia Capital partner, headquartered in Singapore. The firm has raised over $800 million in assets under management across multiple funds, including a $516 million close in 2022, and has made roughly 160+ investments in about 89 companies. The firm is particularly active in Indonesia, Vietnam, and the Philippines. Its confirmed Philippine investments include Tonik, Southeast Asia's first all-digital "neobank," licensed by the Bangko Sentral ng Pilipinas, and First Circle, an SME trade-financing platform, where Insignia participated in an $8.6 million Series B round in 2024 alongside IFC and Endeavor.

Leave a Nest Capital is the venture investment arm of Leave a Nest Co., Ltd. (known in Japan as リバネス), a Tokyo-headquartered "knowledge manufacturing" company founded in 2002 that describes its mission as connecting science and technology to real-world problem-solving. The parent company operates seven development divisions spanning education, human resources, R&D, startups, regional development, manufacturing, and strategy, and is best known internationally for TECH PLANTER, a global deep-tech startup pitch and acceleration program it runs across multiple countries. Leave a Nest Capital's own exact founding year, total fund size, and named fund managers were not disclosed in the sources reviewed for this profile. Leave a Nest has a confirmed, genuine presence in the Philippines: regional business press has reported the firm running a TECH PLANTER startup pitch contest in the Philippines and disclosed plans to open a local branch office in Metro Manila, alongside stated expansion into Thailand and Taiwan — evidence of real, ongoing Southeast Asian activity rather than a purely Japan-domestic operation. The firm's investment activity is tightly linked to its TECH PLANTER program, which functions as a deep-tech deal-sourcing and founder-development pipeline feeding into direct investments by Leave a Nest Capital.

MDI Ventures is the corporate venture capital arm of Telkom Group, Indonesia's largest telecommunications company, founded in 2016 and headquartered in Jakarta, Indonesia. The firm is led by CEO Nicko Widjaja, with Fajrin Rasyid (also CEO of Telkom) serving as Chairman. Rather than operating a single fund, MDI manages a family of vehicles including a US$500 million digitalization fund, the US$150 million Centauri Fund co-managed with KB Investment, and the US$40 million Arise Fund co-managed with Finch Capital, and reports having generated more than US$708 million in cumulative synergy value with Telkom's business by 2023. MDI describes itself as a "global multi-stage VC firm for local founders," investing from seed through growth stage across the digital economy with a deliberate emphasis on creating operational synergies between its portfolio companies and Telkom Group's own telecommunications and enterprise infrastructure. Its disclosed portfolio spans fintech, healthtech, edtech, and enterprise software companies primarily in Indonesia, with regional activity extending into Southeast Asia and select investments in Singapore and Australia.

Orvel Ventures is an early-stage venture capital firm focused on identifying high-potential companies in what it describes as the challenging and opaque Southeast Asian market. The firm was co-founded by Milan Reinartz, Mohan Belani, Cheng Wei Ng, and Jeremy Au, and its portfolio and activity are concentrated across Singapore, Indonesia, Malaysia, and Thailand. An exact founding year, headquarters address, and fund size were not disclosed in the firm's own materials reviewed for this profile. Orvel says its portfolio has produced 14 mark-ups and follow-on rounds, and that its backed companies were EBITDA-positive at the time of investment — an unusually explicit profitability claim for an early-stage regional fund. The firm has also disclosed a realized return figure of roughly 0.1x DPI (distributions to paid-in capital) on exits to date, and lists AscendAngels and Farquhar Venture Capital among its backing partners.

Qualgro is a Singapore-headquartered venture capital firm founded by Heang Chhor, who serves as Founder and Managing Partner, backing what the firm describes as globally-minded entrepreneurs building durable advantages in technology, strategy, and execution. The firm invests primarily at Series A and B across Southeast Asia, with a focus on B2B, data/AI, and software companies. (Note: this session could not independently confirm Qualgro's exact founding year through a live, fetchable source — stated honestly rather than guessed.) The firm's portfolio includes more than two dozen companies, several with realized exits — Accredify, Erudifi, Hevo, NoBroker, SynaXG, and Vend among them — alongside active investments in ShopBack (e-commerce), Funding Societies (fintech lending), PatSnap (data/AI, global), Supermom, and Appier. The current investment team includes Partner Weisheng Neo and venture partners Peter Huynh and Carlos Camacho.

Quest Ventures is a Singapore-based venture capital firm founded in 2011 by James Tan and Wang Yunming (also known for co-founding the Chinese group-buying company 55tuan). The firm reports over US$80 million in assets under management and describes itself as among the top 10 most active investors in Southeast Asia and Central Asia, with a portfolio of 150+ companies across roughly 150 cities in Asia as of the mid-2020s. Its named portfolio spans marketplaces, fintech, proptech, and media, including well-known Southeast Asian names such as Carousell, ShopBack, 99.co, Carro, Xfers, and Kredivo. Checking its own portfolio listing directly for this profile, no company was found explicitly tagged to the Philippines — its identifiable geographic activity concentrates in Singapore, Indonesia, Malaysia, Vietnam, and other parts of Southeast and Central Asia, without a confirmed Philippine investment.