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 SME

Proxtera

Seed Round in 2023
Developer of a global trading network platform intended to simplify cross-border trade around the world and to uplift micro, small, and medium enterprises (MSMEs) with the power of digital networks. The company's platform utilizes artificial intelligence to discover prices and sales opportunities in a larger global marketplace, access various supply chains and easy sources to create an open, global market infrastructure, and utilize relevant digital and financial technologies, enabling digital service providers and trade associations to assists the digitalization of small-medium enterprises and improve accessibility, availability, and affordability of innovative digitalmore

Beam

Series B in 2022
Beam Mobility Holdings Pte. Ltd. is a micro-mobility company that offers electric scooters for rent through a user-friendly mobile application. Established in 2018 and based in Singapore, Beam aims to enhance urban mobility by providing a network of shared e-scooters that can be easily accessed on a pay-per-use basis. The company promotes responsible parking by incentivizing users to return scooters to designated parking spots, thereby minimizing clutter on city streets. By leveraging Internet of Things technology, Beam contributes to improved last-mile connectivity, helps alleviate traffic congestion, and supports environmental sustainability efforts.

Funding Societies

Series C in 2022
Funding Societies Pte. Ltd. is a peer-to-peer financing platform based in Singapore, founded in 2015. It connects investors with small and medium-sized enterprises (SMEs) seeking funding, thereby addressing financial inclusion challenges and making credit-worthy SMEs more bankable. The platform offers a range of flexible financing options, including micro and term loans, as well as invoice financing, supported by advanced credit scoring and risk assessment models. Since its inception, Funding Societies has facilitated over 3.3 million business loans, amounting to more than S$1.8 billion in funding. The company has received multiple accolades, including the Global Excellence Award from ITU Telecom, and holds operating licenses from regulators in Singapore, Indonesia, and Malaysia, making it a pioneer in the region's peer-to-peer lending 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.

Seismic

Series F in 2020
Seismic’s leading sales enableSeismic is the leading global sales and marketing enablement solution, improving close rates, and delivering larger deals for sales while increasing marketing’s impact on the bottom line. Large enterprises use Seismic to increase sales productivity through the automatic distribution of relevant information and personalized content to reps for any buyer interaction. Powerful content controls and visibility into usage ensures brand integrity and reduces risk. Seismic’s machine learning and analytics capabilities continuously improve the entire enablement process for large enterprises, increasing the ROI of sales content and tying it directly to revenue. Headquartered in San Diego and with more than 300 employees across the globe, Seismic is privately held by its executive team and investment firms General Atlantic, JMI Equity, and Jackson Square Ventures.

Structo

Series D in 2019
Structo Pte. Ltd., established in 2014 and based in Singapore, specializes in developing and manufacturing industrial-grade 3D printers and materials. The company utilizes proprietary liquid crystal dynamic mask stereolithography (MSLA) technology to produce high-speed 3D printing solutions, particularly for digital dentistry applications. Structo's innovations enable users to achieve higher throughput at reduced costs, all while maintaining exceptional print quality. Through its advanced technology, the company aims to transform dental business models by enhancing efficiency and effectiveness in the 3D printing process.

Smaato

Series E in 2014
Smaato Inc. operates a real-time advertising platform that serves mobile publishers, application developers, and advertisers globally. Founded in 2005 and headquartered in San Francisco, California, with additional offices in Hamburg, Germany; New York; Shanghai; Beijing; and Singapore, Smaato provides an enterprise-grade advertising server known as the SPX platform. This platform facilitates mobile monetization by connecting various demand and supply sources, enabling clients to enhance their effective cost per mille (eCPMs) and optimize their monetization strategies. Smaato's technology allows publishers to deliver tailored and engaging experiences to their audiences while leveraging advanced targeting capabilities and competitive intelligence to maximize revenue potential.

Smaato

Series D in 2011
Smaato Inc. operates a real-time advertising platform that serves mobile publishers, application developers, and advertisers globally. Founded in 2005 and headquartered in San Francisco, California, with additional offices in Hamburg, Germany; New York; Shanghai; Beijing; and Singapore, Smaato provides an enterprise-grade advertising server known as the SPX platform. This platform facilitates mobile monetization by connecting various demand and supply sources, enabling clients to enhance their effective cost per mille (eCPMs) and optimize their monetization strategies. Smaato's technology allows publishers to deliver tailored and engaging experiences to their audiences while leveraging advanced targeting capabilities and competitive intelligence to maximize revenue potential.

Silecs

Series E in 2011
Silecs, Inc. develops and manufactures electronic and optical materials specifically for the microelectronics industry, focusing on applications in semiconductors, image sensors, and displays. The company's materials solutions are designed to integrate seamlessly with standard device manufacturing processes. Their products cater to a variety of needs, including low temperature dielectric applications, CMOS sensors, electro-optic devices, and TFT-LCD displays. Silecs operates research and development, and manufacturing facilities in Espoo, Finland, alongside regional support centers in Asia and the United States. Founded in 2000, Silecs is headquartered in Mountain View, California.

Smaato

Series C in 2011
Smaato Inc. operates a real-time advertising platform that serves mobile publishers, application developers, and advertisers globally. Founded in 2005 and headquartered in San Francisco, California, with additional offices in Hamburg, Germany; New York; Shanghai; Beijing; and Singapore, Smaato provides an enterprise-grade advertising server known as the SPX platform. This platform facilitates mobile monetization by connecting various demand and supply sources, enabling clients to enhance their effective cost per mille (eCPMs) and optimize their monetization strategies. Smaato's technology allows publishers to deliver tailored and engaging experiences to their audiences while leveraging advanced targeting capabilities and competitive intelligence to maximize revenue potential.
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