Rigel Capital

Rigel Capital is a venture capital investment firm established in 2022 and headquartered in Singapore. The firm focuses on supporting founders in scaling their businesses to develop innovative, sustainable, and ethical regional champions. Rigel Capital primarily targets investment opportunities in South and Southeast Asia, as well as the Middle East, with a particular emphasis on sectors such as logistics, food security, retail, trade, and sustainable mobility. Through its investments, Rigel Capital aims to foster growth in these key industries while promoting responsible and impactful business practices.

Matthew Crakes

Chief Investment Officer and Partner

Gisela Ludiarto

Investment Associate

5 past transactions

noovoleum

Seed Round in 2025
Noovoleum is a greentech company focused on recycling used cooking oil from households and small producers. It operates a mobile application and collection boxes that provide convenient collection points for used cooking oil. Users can deposit their oil and receive credit for their contributions, making the process rewarding and environmentally friendly. By facilitating the recycling of cooking oil, Noovoleum not only supports eco-friendly practices but also encourages individuals and small businesses to participate in sustainable waste management. The company aims to convert waste into valuable resources while promoting a circular economy.

Saltmine

Series A in 2024
Saltmine is a San Francisco-based company that specializes in an enterprise workplace platform designed to enhance collaboration and improve the employee experience while reducing overall costs. Founded in 2017 by Shagufta Anurag, Saltmine offers a digitized infrastructure with tailored modules for intelligent programming, design, and workflow management. This innovative technology empowers businesses to create dynamic and responsive work environments that adapt to the changing needs of employees and organizational goals. The platform supports corporate office initiatives for a range of prominent clients, including PG&E, Nike, Snowflake, and Workday, as it aims to establish itself as the new operating system for the workplace.

AdOnMo

Venture Round in 2024
AdOnMo is a company that specializes in digital out-of-home (OOH) advertising, focusing on democratizing the advertising industry. By utilizing Hyperlocal Intelligence and patented technology, AdOnMo enables businesses to deliver targeted advertisements in relevant localities. The company offers contextually targeted advertising solutions with customizable packages and real-time analytics, making it accessible for small and medium-sized enterprises to engage in effective advertising. Through its innovative approach, AdOnMo aims to provide affordable and impactful advertising options, helping businesses reach their desired audience more efficiently.

Metalbook

Series A in 2024
Metalbook is a full-stack digital supply-chain platform that connects a global network of metal suppliers and consumers. The company facilitates transactions and enables effective matchmaking between suppliers and customers while automating manual tasks to enhance efficiency and traceability. Metalbook aims to create a seamless marketplace for offline businesses, promoting speedy and transparent transactions. It offers fabrication and modification services for both finished and semi-finished metal goods at competitive prices. By focusing on hassle-free logistics, Metalbook delivers end-to-end procurement solutions that meet customer needs with timely delivery of raw materials.

Volta

Venture Round in 2023
Volta Indonesia is an electric vehicle technology provider. It also developed environmentally friendly two-wheeled and three-wheeled electric vehicle technology.
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