March 12, 2018

Florian Cornu and Arnaud Bonzom, founders of Map of the Money just released their most exhaustive list of active Venture Capital Firms (VCs) and startups investors in Singapore, with verified data. Displaying details about 108 investors with more than USD 10 Billion assets under management, entrepreneurs can find investors by tapping the amount they need as well as filtering the investors.


Map of the Money benefits the ecosystem

Entrepreneurs such as Simon Davis, who raised a USD 775k Seed Round, says “Map of the Money was instrumental in Mighty Bear Games raising its first round. Through Map of the Money we identified early-stage investors in the region who were key in Mighty Bear securing its first round of financing led by Global Founders Capital.”

Mike Davie, founder of DataStreamX says “The Map of the Money has been a valuable tool for navigating the Singapore VC ecosystem. We have used the map for all three of our funding rounds. Every Singapore entrepreneur looking to raise should study hard the map.”

Not only entrepreneurs but also investors are leveraging Map of the Money. Michael Lints, Partner at Golden Gate Ventures says “an important part of Map of the Money is being able select investors that are specifically keen on investing in a certain stage (say series A). I always recommend founders to at least have a look at Map of the Money as part of their research”.

Adit Swarup, Principal at Rakuten Ventures highlights that “Map of the Money helps founders align their target raise with relevant investors and can imaginably reduce the time to close a financing.”

Previous Learnings 

New funds are hitting the market (over USD 1B) with expansion both in terms of size and verticalization:

  • Large funds closed: B Capital I (USD 360M), Vickers V (USD 230M), Vertex III (USD 210M), Insignia I (USD 100M)
  • VC focus on specific vertical: Play Ventures (Gaming), ID Capital (Food), New Protein (Food)
  • Larger maiden Ventures firms have been launched such as Insignia Ventures Capital I (USD  100M), Kejora I (USD 80M), Vynn Capital I (USD 40M), Play Ventures I (US 30M), Golden Equator I (USD 29.4M). As well as nano funds: AA Ventures I (USD 1.8M) & Hub Fund I (USD 0.7M)

Several firms are confirming their dedication by launching or closing their second funds:

  • Second Funds: have been publicly launched such as NSI II (USD 125M) and 500 Durians II (USD 50M)
  • Ventures Capital firms closed their second funds: Jungle Ventures II (USD 100M), Gree Ventures II (USD 67M), Wavemakers Partners II (USD 66M), Golden Gate Ventures II (USD 60M)

Corporates and International VCs are not out of the game:

  • Corporates still very active with new entrants: such as Aviva, DBS, Naspers, Oracle, ViA ID and Woh Yup
  • While in the previous Map of the Money we reported the arrival of American VCs, it’s now the time for more European investors to reach the region like IDinvest, Partech and Via ID

Sophistication of the local ecosystem:

  • More education for investors is becoming available such as INSEAD x 500 Startups and AngelCentral
  • For branding purpose four funds changed their names: DMP became Cento, Unitus became Patamar Capital, IMJ rebranded to Spiral, Infocomm became SGInnovate
  • Money is not enough, VCs start to provide strategic support. Funds such as 500 Startups, Golden Gate Ventures and Sequoia are offering it to their portfolio companies

New features to raise better, faster, stronger

In this new release, the number of investors has been increased from 70 to 108 offering to entrepreneurs a wider range of possibilities and access over USD 10B of capital.

The interactivity has been improved with filters:

  • Accuracy of the data: the Map of the Money team verifies all the data shown on the map. Data which can not be verified is marked as estimate only. The accuracy filter allows entrepreneurs to focus on verified data to reach VCs they are most informed about.
  • Stage of investment: To find investors matching the stage of development of their company, entrepreneurs can now focus on Pre-Seed, Seed, Series A, Series B, Series C and Growth investors.
  • Vehicle: The structure of an investor implies different decision process, timing and terms, so entrepreneurs can now filter to find the right match.

What’s next

With more than 50% of users based outside of Singapore, we see a strong regional traction. In fact, Indonesia, Malaysia and Thailand are in the top six countries and it’s why we are launching in Q2 a major update to cover Southeast Asia as well as more filters to help entrepreneurs to navigate the funding landscape. So we are calling every investor in Southeast Asia, from Angel to PE to reach out to be sure they will be accurately added on the next version.