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 & Managing Partner

Michael Distel

Associate

Ine Jacobsen

Associate

William Klippgen

Co-Founder & Managing Partner

Monthida McCoole

Investment Partner

Zong Xi Sia

Associate

Lauren Teo

Associate

Past deals in ASEAN

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.

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 platform that enables one-to-one offline audience targeting through secure data sharing, data matching, POS integrations, and AI enabled engagement for CPG and retail. Shoplinks proprietary platform optimizes marketing and promotional spend whilst maximizing value for consumers.

Augmentus

Seed Round in 2021
Augmentus offers the leading full-stack code-free robotic automation platform that enables anyone, even those with no robotic experience, to develop robotic systems. Our proprietary solution uses mixed reality to enable code-free industrial and collaborative robot programming while retaining the robust features of traditional offline programming softwares. Our clients have used the Augmentus Platform to deploy fast and low-cost robot path planning and AI machine vision based dynamic automation. We have partnerships with the world's leading robot manufacturers and automation providers to empower manufacturers to recoup ROI faster by lowering time, cost and skill barriers in robotic automation. Augmentus ushers in a new era of human-machine interface, enabling 10X faster system deployments and saving thousands of automation cost within weeks of integration.

JazzyPay

Seed Round in 2020
JazzyPay is a payment gateway based in Makati City, Philippines, that provides a web and mobile application for customers to make payments to clinics, hospitals, and schools. It allows users to pay directly using various methods, including credit and debit cards, online banking, digital wallets, and cash deposits. Founded in 2017, JazzyPay aims to deliver a unified payment platform that facilitates transactions through multiple channels, such as app, email, SMS, and messaging platforms. The company is a registered Operator of Payments System regulated by the Bangko Sentral ng Pilipinas and is owned by JazzyPay Global Pte. Ltd., a Singapore-based company backed by notable investors including Rakuten, TechStars, and Cocoon Capital. JazzyPay aspires to offer world-class payment solutions in the Philippines and other developing countries across Southeast Asia.

PixCap

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

See-Mode Technologies

Series A in 2020
See-Mode empowers doctors to predict strokes and save lives. With no additional test, See-Mode provides the critical information required for stroke prediction that is missing from current clinical tools. This is achieved by combining medical image analysis, artificial intelligence, and computational fluid dynamics. Strokes are the 2nd cause of death and 1st cause of disability on earth, and See-Mode is determined to fundamentally change this.

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 is an internet company that provides a cloud-based procurement software that helps the food and beverage business to create transparency by providing a library of historical data. Its software helps business owners to reduce their paper works and financial documentation. Founded in 2015 and based out of Singapore, FoodRazor's mission is to make restaurants' operational tasks simpler, less time consuming, and accessible to all. Using first-hand experience, they built a platform that addresses every administration's frustration and inefficiency they face.

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 government-funded company who make smart energy-efficient hotels a reality. Their wireless room automation & energy management solutions are flexible, easy to install and have provided proven energy savings of up to 30% per room per year. Their goal is to make the world a greener place and develop new innovative, affordable sustainable solutions.

See-Mode Technologies

Seed Round in 2019
See-Mode empowers doctors to predict strokes and save lives. With no additional test, See-Mode provides the critical information required for stroke prediction that is missing from current clinical tools. This is achieved by combining medical image analysis, artificial intelligence, and computational fluid dynamics. Strokes are the 2nd cause of death and 1st cause of disability on earth, and See-Mode is determined to fundamentally change this.

Lendela

Seed Round in 2018
Lendela is a loan broker company.

Anywhr

Pre Seed Round in 2018
Anywhr is a modern trip planning company that tailor-makes your holidays according to your unique preferences. Chat with an expert Trip Curator to share what you want on your trip, and get your trip planned and booked to your specifications, hassle-free. You will also get access to a network of local experts for insider information and tips on your destinations, and a 24/7 traveller support hotline throughout your journey. We are tired of reading another “10 things to do in…” article filled with mainstream spots that might even look better on a screen. (Does the internet really NEED another photo of someone trying to hold up the Leaning Tower of Pisa?!) As such, our tailor-made recommendations go beyond the Golden Gate Bridges and Eiffel Towers of the world. We are here to help travellers truly experience a destination, and immerse in authentic, personalised experiences through our global network of insiders and experts, with trips put together by experienced Trip Curators. Anywhr is globally recognised for our trip planning expertise and travel concierge service. We are the recipient of the Google for Startups Scholarship in Silicon Valley, finalist of Google Demo Day Asia, winner of the Digital Travel Summit Pitch Stage, partners of Oxford University, Changi Airport, supported by National University of Singapore (NUS) Enterprise, and featured in The New York Times, CNN, CNBC, Web in Travel, The Straits Times, ChannelNewsAsia, e27, among other global media.

Dexecure

Seed Round in 2018
Dexecure Pte. Ltd. develops software-as-a-service (SaaS) based multicloud architecture solution. The company speeds up websites by optimizing content of the website based on browser, device, and location. The company through its website optimization tools optimizes images and optimizes javascript bundles. It also provides zopfli compressions, brotli compressions, automatic transpilation, and font optimization solutions. It also allows website owners to measure the impact of increasing website performance. Dexecure Pte. Ltd. was founded in 2015 and is based in Singapore.

SensorFlow

Seed Round in 2018
SensorFlow is a Singapore government-funded company who make smart energy-efficient hotels a reality. Their wireless room automation & energy management solutions are flexible, easy to install and have provided proven energy savings of up to 30% per room per year. Their goal is to make the world a greener place and develop new innovative, affordable sustainable solutions.

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.