EDBI

EDBI, established in 1991, is a Singapore-based corporate venture capital arm of the Singapore Economic Development Board. The organization focuses on investing in high-growth sectors, particularly in information and communication technology, emerging technology, healthcare, and advanced manufacturing. As a government-backed entity, EDBI aims to support companies in achieving their growth ambitions by providing not only capital but also access to a broad network and resources. With a commitment to patient capital, EDBI assists businesses looking to expand in Asia and beyond, fostering innovation and development in strategic industries.

Valerie Chua

Principal

Andrew Krishna Ekaputra

Principal

Christine Giam

Partner

Charmaine Kng

Partner

Rongyang Lim

Senior Principal

Voon Kheong Liow

Managing Director

Paul Ng

CEO

Jolene Ooi

Senior Principal

Allen Poon

Principal

Sin Cheng Siah

Senior Principal

Chung Hang Tang

Principal

Kenneth Teo

Senior Principal

Terence Teo

Senior Principal

Choo Heng Tong

Executive Vice President, Investments

Chia Li Yeung

Managing Partner, Investments

Andrew Ekaputra Ph.D

Principal

Past deals in GovTech

Neuron Mobility

Series B in 2022
Neuron Mobility Pte. Ltd. provides electric scooters and bicycles rental services around Singapore. The company was incorporated in 2016 and is based in Singapore.

Biofourmis

Series D in 2022
Biofourmis Singapore Pte. Ltd. is a digital therapeutics company that focuses on enhancing personalized care through innovative software-based solutions. Founded in 2015, it operates from its headquarters in Boston, Massachusetts, with additional offices in Singapore, Zurich, and Bengaluru. The company’s platform integrates artificial intelligence to analyze real-time physiological data from clinical-grade wearables, enabling healthcare professionals to detect patterns and predict medical events, such as heart failure and oncology-related issues. Its product offerings include BiovitalsHF for early heart failure detection, RhythmAnalytics for cardiac arrhythmia monitoring, and Painfocus for objective pain assessment, aimed at improving therapeutic decision-making. Additionally, Biofourmis provides Gaido for oncology patient monitoring and Biovitals Research, a digital trial platform that enhances patient engagement and data collection. Through these solutions, Biofourmis aims to facilitate better patient outcomes and cost-effective care for healthcare providers.

Maya

Convertible Note in 2022
Voyager Innovations, Inc. is a technology company based in Mandaluyong City, Philippines, specializing in digital solutions and services. Founded in 2013, it designs and develops platforms for information technology consulting, digital commerce, digital payments, and customer engagement. As a wholly owned subsidiary of Smart Communications, Inc., Voyager Innovations focuses on creating innovative digital services to address evolving business models and new business streams. Its offerings include marketing solutions and digital financial services, aiming to enhance the digital experience for users and businesses alike. The company is part of First Pacific, reinforcing its commitment to delivering forward-thinking digital solutions in the rapidly changing technology landscape.

Sleek

Series A in 2021
Sleek Tech Pte. Ltd. is a Singapore-based company that simplifies the incorporation and management of businesses through an online platform. Established in 2017, Sleek offers a range of services including company incorporation, registration, company secretary, accounting, work visas, and compliance management. The company targets startups, entrepreneurs, small and medium enterprises, and investors, providing them with 100% digital solutions to streamline governance and regulatory processes. By leveraging technology, Sleek addresses the inefficiencies of traditional, paper-based procedures, making it easier for clients to manage their corporate obligations in Singapore and Hong Kong. Since its inception, Sleek has successfully incorporated hundreds of companies, enhancing the experience for entrepreneurs and investors alike.

bolttech

Series A in 2021
Bolttech is a technology company that specializes in building a digital ecosystem for insurance and protection products. It offers a platform that utilizes artificial intelligence to enhance the point-of-sale experience for users. The company's services encompass a wide range of insurance options, including device protection, travel, motor, property, and life insurance. By integrating digital and data-driven capabilities, Bolttech facilitates seamless connections between insurers, distributors, and customers, streamlining the process of buying and selling insurance products. This focus on efficiency and accessibility allows clients to easily engage with various insurance and protection offerings.

bolttech

Series A in 2021
Bolttech is a technology company that specializes in building a digital ecosystem for insurance and protection products. It offers a platform that utilizes artificial intelligence to enhance the point-of-sale experience for users. The company's services encompass a wide range of insurance options, including device protection, travel, motor, property, and life insurance. By integrating digital and data-driven capabilities, Bolttech facilitates seamless connections between insurers, distributors, and customers, streamlining the process of buying and selling insurance products. This focus on efficiency and accessibility allows clients to easily engage with various insurance and protection offerings.

Neon

Private Equity Round in 2021
Cityneon Holdings Limited, founded in 1956 and based in Singapore, specializes in providing interior architecture and experiential environment services globally. The company caters to multinational corporations, governments, and private organizations by offering a wide range of services, including event management, logistics, and project consulting. Cityneon is involved in the design and installation of exhibitions, pavilions, and thematic environments, as well as the decoration of commercial spaces and museums. It also rents reusable modules and furnishings and engages in the production of environmental graphic materials for events. Additionally, the company has diversified into exhibition production based on popular franchises, such as Jurassic Park, and is involved in civil engineering and real estate activities. Over the years, Cityneon has evolved from its beginnings as a supplier of electrical appliances to a leader in creating immersive brand experiences.

GaiaWorks

Series D in 2020
GaiaWorks is a workforce management system developer. GaiaWorks' solution integrates time and attendance, intelligent scheduling, lean working hours, labor optimization to simplify compliance, control labor costs, improve satisfaction and productivity for organizations.

Biofourmis

Series C in 2020
Biofourmis Singapore Pte. Ltd. is a digital therapeutics company that focuses on enhancing personalized care through innovative software-based solutions. Founded in 2015, it operates from its headquarters in Boston, Massachusetts, with additional offices in Singapore, Zurich, and Bengaluru. The company’s platform integrates artificial intelligence to analyze real-time physiological data from clinical-grade wearables, enabling healthcare professionals to detect patterns and predict medical events, such as heart failure and oncology-related issues. Its product offerings include BiovitalsHF for early heart failure detection, RhythmAnalytics for cardiac arrhythmia monitoring, and Painfocus for objective pain assessment, aimed at improving therapeutic decision-making. Additionally, Biofourmis provides Gaido for oncology patient monitoring and Biovitals Research, a digital trial platform that enhances patient engagement and data collection. Through these solutions, Biofourmis aims to facilitate better patient outcomes and cost-effective care for healthcare providers.

Transcelestial

Series A in 2020
Transcelestial Technologies Pte. Ltd., established in 2016 and based in Singapore, specializes in developing a long-distance, point-to-point wireless communication network using laser technology. This innovative infrastructure aims to provide a high-speed space data network applicable to both terrestrial and satellite communication. By leveraging lasers, Transcelestial's network is designed to transmit data at speeds up to 1000 times faster than existing technologies, offering robust connectivity that is resistant to jamming and does not require spectrum pre-allocation or regulatory compliance. Their solutions are intended to enhance global communication capabilities across various sectors, including ground and deep-space applications.

SWAT Mobility

Series A in 2019
SWAT Mobility’s vehicle-routing technology helps companies, transport operators and government agencies around the world solve complex transportation challenges. We are the first in Asia to run high-capacity vehicle pooling services that is both on-demand and dynamically-routed. We also have proven results in helping our clients reduce transportation costs, improve city connectivity and reduce traffic congestion woes. Our technology tops the industry Li & Lim's benchmark, and with our cutting-edge smart mobility optimisation engine, we are future-ready for the world of autonomous vehicles.

Neon

Private Equity Round in 2019
Cityneon Holdings Limited, founded in 1956 and based in Singapore, specializes in providing interior architecture and experiential environment services globally. The company caters to multinational corporations, governments, and private organizations by offering a wide range of services, including event management, logistics, and project consulting. Cityneon is involved in the design and installation of exhibitions, pavilions, and thematic environments, as well as the decoration of commercial spaces and museums. It also rents reusable modules and furnishings and engages in the production of environmental graphic materials for events. Additionally, the company has diversified into exhibition production based on popular franchises, such as Jurassic Park, and is involved in civil engineering and real estate activities. Over the years, Cityneon has evolved from its beginnings as a supplier of electrical appliances to a leader in creating immersive brand experiences.

Circles.Life

Venture Round in 2019
Circles.Life is a young, innovative telco, homegrown in Singapore with a mission to re-imagine how mobile services are built and delivered with you in mind. They do this by offering the best no-contract mobile plan, unlimited bonus data and an unparalleled customer experience.

Biofourmis

Series B in 2019
Biofourmis Singapore Pte. Ltd. is a digital therapeutics company that focuses on enhancing personalized care through innovative software-based solutions. Founded in 2015, it operates from its headquarters in Boston, Massachusetts, with additional offices in Singapore, Zurich, and Bengaluru. The company’s platform integrates artificial intelligence to analyze real-time physiological data from clinical-grade wearables, enabling healthcare professionals to detect patterns and predict medical events, such as heart failure and oncology-related issues. Its product offerings include BiovitalsHF for early heart failure detection, RhythmAnalytics for cardiac arrhythmia monitoring, and Painfocus for objective pain assessment, aimed at improving therapeutic decision-making. Additionally, Biofourmis provides Gaido for oncology patient monitoring and Biovitals Research, a digital trial platform that enhances patient engagement and data collection. Through these solutions, Biofourmis aims to facilitate better patient outcomes and cost-effective care for healthcare providers.

H3 Dynamics

Series B in 2018
H3 Dynamics Holdings Pte. Ltd. specializes in developing artificial intelligence-based solutions and robotic systems, particularly in the fields of security, surveillance, and inspection. Founded in 2015 and based in Singapore, the company has created a range of products, including tele-robotics systems that provide security, communication, and drone charging services. H3 Dynamics also offers an online micro-services platform, H3 Zoom.AI, which processes image data to identify surface defects. By deploying robotic scanners at client sites, the company autonomously collects data, which is then analyzed and transformed into detailed inspection reports. This service is applicable across various sectors, including military, aerospace, telecommunications, energy, and transportation. The company's technology enables real-time response to incidents and supports seamless rectification of work orders, enhancing operational efficiency for its clients.

GoSecure

Series C in 2016
GoSecure is an information technology company that specializes in the fields of cybersecurity, cloud security, and network security. The CounterTack Platform delivers predictive multi-vector detection, prevention, and response. GoSecure provides a detection and response platform that delivers predictive multi-vector detection, prevention, and response by applying a combination of behavioral analysis, memory forensics, machine learning, and reputational techniques to counter the most advanced threats.

GoSecure

Series C in 2015
GoSecure is an information technology company that specializes in the fields of cybersecurity, cloud security, and network security. The CounterTack Platform delivers predictive multi-vector detection, prevention, and response. GoSecure provides a detection and response platform that delivers predictive multi-vector detection, prevention, and response by applying a combination of behavioral analysis, memory forensics, machine learning, and reputational techniques to counter the most advanced threats.
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