Cocoon Capital

Cocoon Capital is a Singapore-based venture capital firm established in 2016 that specializes in early-stage investments in enterprise technology and deep tech companies across Southeast Asia. The firm targets businesses that have demonstrated some initial traction and are in the process of refining their products and business models. Cocoon Capital's experienced partners engage closely with portfolio companies to help them accelerate their growth and prepare for Series A funding. The firm also has a particular interest in sectors such as healthcare and financial services, with a focus on fostering innovation in these areas.

Michael Blakey

Co-Founder and Managing Partner

William Klippgen

Co-Founder and Managing Partner

Zong Xi Sia

Investment Director

28 past transactions

Buymed

Series B in 2023
Buymed operates a digital pharmaceuticals distribution platform in Vietnam, known as Thuocsi.vn. Founded in 2018 and based in Ho Chi Minh City, the platform supplies a wide range of healthcare products, including medicines, cosmetics, medical devices, and supplements. It serves over 1,000 pharmacies and clinics across the country, offering detailed product information such as pricing and active ingredients. Additionally, Thuocsi.vn features a communication network that provides important updates, including product recalls. The company is recognized as a successful startup in the medical technology sector, attracting young talent eager to integrate advanced technology into healthcare solutions.

Buymed

Series B in 2023
Buymed operates a digital pharmaceuticals distribution platform in Vietnam, known as Thuocsi.vn. Founded in 2018 and based in Ho Chi Minh City, the platform supplies a wide range of healthcare products, including medicines, cosmetics, medical devices, and supplements. It serves over 1,000 pharmacies and clinics across the country, offering detailed product information such as pricing and active ingredients. Additionally, Thuocsi.vn features a communication network that provides important updates, including product recalls. The company is recognized as a successful startup in the medical technology sector, attracting young talent eager to integrate advanced technology into healthcare solutions.

PixCap

Seed Round in 2023
PixCap is a cloud-based, collaborative platform for 3D animation.

GuardRails

Series A in 2022
GuardRails Pte., Ltd. operates a platform designed to assist developers in identifying, fixing, and preventing security vulnerabilities in web and mobile applications. Founded in 2017 and based in Singapore, the company provides a continuous application security verification software that integrates with developers' version control systems. This software scans new code changes in real-time, offering immediate feedback and remediation for identified security issues. By facilitating a proactive approach to application security, GuardRails enables development teams to enhance the security of their applications while minimizing effort and risk. The company's focus on empowering development teams reflects its commitment to fostering a secure software development environment.

Lytehouse

Seed Round in 2021
Developer of a real-time video intelligence software designed to filter and provide proprietary risk detection analysis of video feeds. The company's platform turns fragmented, low-quality data points from existing security sensors into a single feed of intelligent alerts that we bake into the products and services of customers (telcos, insurance, and security companies) and offers real-time detection viable in any environment, optimizes existing hardware and removes setup costs and increases operator capacity with a reduction in false alarms, enabling clients to increase their operator bandwidth and improve their quality of service with targeted threat management.

EI INDUSTRIAL

Seed Round in 2021
EI Industrial is the first online B2B marketplace in Vietnam focusing on industrial sectors (Manufacturing & Construction), allows businesses to sell and purchase any industrial demands. Furthermore, EI Industrial also offers digital management with SaaS WMS (Warehouse Management System) and E-Procurement. We currently focus on the MRO (Maintenance - Repair - Operations) and M&E (Mechanical and Electrical), in order to provide repair and replacement equipment, as well as necessary consumable materials for the operation of factories and industrial systems. Our MRO products include electrical - water supply tools and equipment, occupational safety and fire protection equipment, hand tools, chemicals, lighting equipment, warehouse services, supporting industry materials, and many more. MRO costs account for 1 - 5% of the total annual spending of a manufacturing enterprise, equivalent to the cost of M&E in the construction industry. We offer our manufacturing and construction customers effective solutions to the stressful problem of purchasing thousands of different materials from hundreds of suppliers while having to manage it completely with a complex paper process - which is very difficult to control and statisticize. Values: Not only offering an e-commerce platform to support customers in purchasing more conveniently, EI Industrial also contributes to Vietnam's industrial sectors by applying technologies. Everything: With 20+ categories and about 1 million SKUs, we creep inside every corner of the industry to meet all the business’s demands Hi-tech: We give the best services to customers by using up-to-date technology to help customers save costs, increase productivity and improve transparency and traceability. Joyful: We offer an experience of purchasing like shopping - easy, fast, and enjoyable.

Buymed

Series B in 2021
Buymed operates a digital pharmaceuticals distribution platform in Vietnam, known as Thuocsi.vn. Founded in 2018 and based in Ho Chi Minh City, the platform supplies a wide range of healthcare products, including medicines, cosmetics, medical devices, and supplements. It serves over 1,000 pharmacies and clinics across the country, offering detailed product information such as pricing and active ingredients. Additionally, Thuocsi.vn features a communication network that provides important updates, including product recalls. The company is recognized as a successful startup in the medical technology sector, attracting young talent eager to integrate advanced technology into healthcare solutions.

Shoplinks

Seed Round in 2021
Shoplinks is a marketing and loyalty platform designed to enhance consumer engagement for retail and consumer packaged goods (CPG) sectors. It facilitates one-to-one offline audience targeting through secure data sharing, data matching, and point-of-sale integrations. By leveraging artificial intelligence, Shoplinks optimizes marketing and promotional expenditures while maximizing consumer value. The platform enables retailers to efficiently build and manage their online stores, control prize availability, and personalize coupon distribution across both online and offline channels. This approach allows retailers to execute tailored omnichannel promotions that align with their marketing objectives, ultimately enhancing the shopping experience for consumers.

Augmentus

Seed Round in 2021
Augmentus provides a no-code robotic automation platform that allows individuals without prior robotic experience to develop and deploy robotic systems efficiently. The platform utilizes mixed reality technology to facilitate industrial and collaborative robot programming while incorporating the advanced features found in traditional programming software. Augmentus enables rapid robot path planning and dynamic automation powered by AI machine vision, making it suitable for various applications, including pipe welding and intelligent harvesting. By partnering with leading robotic manufacturers and automation providers, Augmentus helps businesses reduce implementation time and costs, ultimately enabling faster return on investment. The company’s approach significantly streamlines the human-machine interface, resulting in quicker system deployments and substantial cost savings shortly after integration.

JazzyPay

Seed Round in 2020
JazzyPay, Inc. is a payment gateway company based in Makati City, Philippines, founded in 2017. It provides a unified payment platform that allows customers to make payments to schools, clinics, and hospitals using various methods, including credit cards, debit cards, online banking, digital wallets, and over-the-counter cash deposits. The service is accessible through web and mobile applications, ensuring convenience and security for users. JazzyPay aims to deliver world-class payment and invoicing solutions, primarily targeting the Philippines and other developing countries in Southeast Asia. The company operates as a registered Operator of Payments System, regulated by the Bangko Sentral ng Pilipinas. JazzyPay, Inc. is a subsidiary of JazzyPay Global Pte. Ltd., which has received investment from notable entities such as Rakuten, TechStars, and Cocoon Capital.

PixCap

Seed Round in 2020
PixCap is a cloud-based, collaborative platform for 3D animation.

See-Mode

Series A in 2020
See-Mode Technologies Pte. Ltd. is a healthcare technology company based in Singapore with an additional office in Australia, established in 2017. The company specializes in stroke prediction by utilizing its AVA (augmented vascular analysis) platform, which combines medical image analysis, artificial intelligence, and computational fluid dynamics. This innovative approach provides clinicians with crucial information needed for stroke prediction without the requirement of additional tests, addressing a significant gap in current clinical tools. By enabling faster and more accurate analysis of vascular ultrasound images, See-Mode aims to improve the efficiency and effectiveness of stroke detection and prevention, ultimately striving to reduce the incidence of strokes, which are a leading cause of death and disability worldwide. Through partnerships with healthcare institutions, See-Mode is focused on enhancing patient outcomes and empowering healthcare professionals in their clinical decision-making.

Qashier

Seed Round in 2020
Qashier Pte Ltd, founded in 2019 and based in Singapore, specializes in providing smart point-of-sale solutions aimed at assisting small merchants in digitizing their operations. The company caters to a variety of businesses, including barbers, beauty stores, salons, spas, food kiosks, coffee shops, quick-service restaurants, and cafes. Its flagship product, the Qashier Smart Terminal, is a versatile device that integrates a payments hub, advanced POS software, and a proprietary app store. This all-in-one solution allows merchants to manage their businesses efficiently, enabling them to start, run, and grow their stores with a single terminal.

FoodRazor

Seed Round in 2020
FoodRazor Pte Ltd., founded in 2015 and based in Singapore, offers a cloud-based software platform designed for the food and beverage industry. Its Software-as-a-Service solution focuses on invoice management and food cost intelligence, providing restaurants with transparency through a comprehensive library of historical data. By streamlining procurement processes, FoodRazor aims to reduce paperwork and financial documentation, ultimately simplifying operational tasks for restaurant owners. The platform addresses common inefficiencies and frustrations experienced in the industry, making essential administrative functions more accessible and less time-consuming. FoodRazor serves clients in Singapore, Australia, and internationally.

Buymed

Seed Round in 2020
Buymed operates a digital pharmaceuticals distribution platform in Vietnam, known as Thuocsi.vn. Founded in 2018 and based in Ho Chi Minh City, the platform supplies a wide range of healthcare products, including medicines, cosmetics, medical devices, and supplements. It serves over 1,000 pharmacies and clinics across the country, offering detailed product information such as pricing and active ingredients. Additionally, Thuocsi.vn features a communication network that provides important updates, including product recalls. The company is recognized as a successful startup in the medical technology sector, attracting young talent eager to integrate advanced technology into healthcare solutions.

GuardRails

Seed Round in 2019
GuardRails Pte., Ltd. operates a platform designed to assist developers in identifying, fixing, and preventing security vulnerabilities in web and mobile applications. Founded in 2017 and based in Singapore, the company provides a continuous application security verification software that integrates with developers' version control systems. This software scans new code changes in real-time, offering immediate feedback and remediation for identified security issues. By facilitating a proactive approach to application security, GuardRails enables development teams to enhance the security of their applications while minimizing effort and risk. The company's focus on empowering development teams reflects its commitment to fostering a secure software development environment.

Buymed

Seed Round in 2019
Buymed operates a digital pharmaceuticals distribution platform in Vietnam, known as Thuocsi.vn. Founded in 2018 and based in Ho Chi Minh City, the platform supplies a wide range of healthcare products, including medicines, cosmetics, medical devices, and supplements. It serves over 1,000 pharmacies and clinics across the country, offering detailed product information such as pricing and active ingredients. Additionally, Thuocsi.vn features a communication network that provides important updates, including product recalls. The company is recognized as a successful startup in the medical technology sector, attracting young talent eager to integrate advanced technology into healthcare solutions.

Karzo

Seed Round in 2019
Karzo is a business-to-business logistics platform based in Yangon, Myanmar, established in 2016. It facilitates the connection between trucking suppliers and businesses, offering both short and long-haul trucking delivery services through a mobile application. The platform enables users to book trucks, generates invoices, and monitors freight movements. Additionally, it provides connections to cargo-in-transit insurance agencies, ensuring a comprehensive logistics solution for reliable distribution. As the first B2B logistics platform in Myanmar, Karzo aims to improve the efficiency of the trucking industry by streamlining the logistics process for businesses and individuals.

SensorFlow

Series A in 2019
SensorFlow is a Singapore-based company focused on creating smart, energy-efficient hotel environments. Funded by the government, the company provides wireless room automation and energy management solutions that are both flexible and easy to install. Their innovative tools include energy meters that measure consumption and track data in real-time, allowing hotels to achieve energy savings of up to 30% per room annually. By offering affordable and sustainable solutions, SensorFlow aims to contribute to a greener world while enhancing operational efficiency in the hospitality industry.

See-Mode

Seed Round in 2019
See-Mode Technologies Pte. Ltd. is a healthcare technology company based in Singapore with an additional office in Australia, established in 2017. The company specializes in stroke prediction by utilizing its AVA (augmented vascular analysis) platform, which combines medical image analysis, artificial intelligence, and computational fluid dynamics. This innovative approach provides clinicians with crucial information needed for stroke prediction without the requirement of additional tests, addressing a significant gap in current clinical tools. By enabling faster and more accurate analysis of vascular ultrasound images, See-Mode aims to improve the efficiency and effectiveness of stroke detection and prevention, ultimately striving to reduce the incidence of strokes, which are a leading cause of death and disability worldwide. Through partnerships with healthcare institutions, See-Mode is focused on enhancing patient outcomes and empowering healthcare professionals in their clinical decision-making.

Lendela

Seed Round in 2018
Lendela is a loan broker company.

Anywhr

Pre Seed Round in 2018
Anywhr is a trip planning service that specializes in creating personalized travel experiences tailored to individual preferences. Through its platform, users can communicate with expert Trip Curators who assist in organizing and booking their trips hassle-free. The service emphasizes exploring lesser-known destinations, providing access to a network of local experts for unique insights and tips. Additionally, Anywhr offers a 24/7 traveler support hotline to ensure assistance throughout the journey. The company aims to move beyond typical tourist attractions, focusing instead on authentic experiences that allow travelers to immerse themselves in local cultures. Recognized for its innovative approach to travel curation, Anywhr has received accolades such as the Google for Startups Scholarship and has been featured in prominent media outlets including The New York Times and CNN.

Dexecure

Seed Round in 2018
Dexecure Pte. Ltd. is a software-as-a-service (SaaS) company based in Singapore, established in 2015. It specializes in multicloud architecture solutions that enhance website performance through automated optimization techniques. Dexecure's tools optimize website content based on various factors including browser type, device, and geographic location. Key features include image optimization, JavaScript bundle optimization, Zopfli and Brotli compression, automatic transpilation, and font optimization. The platform also enables website owners to measure the impact of these optimizations on performance. By providing an abstraction layer for content delivery that prioritizes performance, Dexecure helps clients improve load times, increase page views, enhance customer engagement, and drive conversions across both mobile and desktop platforms.

SensorFlow

Seed Round in 2018
SensorFlow is a Singapore-based company focused on creating smart, energy-efficient hotel environments. Funded by the government, the company provides wireless room automation and energy management solutions that are both flexible and easy to install. Their innovative tools include energy meters that measure consumption and track data in real-time, allowing hotels to achieve energy savings of up to 30% per room annually. By offering affordable and sustainable solutions, SensorFlow aims to contribute to a greener world while enhancing operational efficiency in the hospitality industry.

Hiip

Seed Round in 2017
Hiip Company Limited is an automated influencer platform based in Ho Chi Minh City, Vietnam, with additional offices in Singapore, Bangkok, and Jakarta. Established in 2016, Hiip connects brands and advertisers with social influencers through a data-driven approach. The platform utilizes algorithms and social data to facilitate collaborations, helping businesses effectively reach their target customers and enhance brand reputation. By streamlining the process of influencer marketing, Hiip aims to support e-commerce and other companies in promoting their products and boosting sales. With its significant presence in Vietnam, Hiip has emerged as a leading player in the online advertising sector.

Poundit

Seed Round in 2017
Bringing you closer to technology.

Hapz

Seed Round in 2017
Hapz is an experience booking platform based in Singapore that consolidates information on various arts and entertainment events, including concerts, festivals, sports matches, and tourist attractions. Launched in 2016, the platform allows users to discover and book a wide range of experiences tailored to their preferences at competitive prices. In addition to serving consumers, Hapz offers event organizers valuable real-time insights into demographics, pricing trends, and competitor performance, facilitating targeted marketing strategies. The platform also features a unique bidding option, enabling users to name their prices for tickets. Furthermore, Hapz rewards users for their bookings, enhancing the overall experience.
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