Singtel Innov8

Singtel Innov8, established in 2010, is a venture capital firm headquartered in Singapore. As the investment arm of the Singtel Group, it focuses on early-stage investments in global technology start-ups, with a fund size of US$250 million. Singtel Innov8 invests in and partners with innovative companies, providing not just capital but also access to Singtel's resources and expertise. Its investment focus includes technologies and solutions that can significantly enhance network capabilities, digital services, and customer experience, spanning areas such as big data, AI, blockchain, cloud, connectivity, and more. The firm has offices in Singapore, San Francisco, and Tel Aviv.

Irad Dor

Director, Singtel Innov8 VC

Edgar Hardless

CEO and Founder

Jeff Karras

Managing Director

Michael Kim

Senior Director of Investments

Sharan Makhija

Director, Investments

Selvam Moorthy

Senior Director, Investments, Singapore

Tian-Chong Ng

CEO

Firas Omer

Executive, Venture Investments (US)

Gil Prashker

Country Director, Israel

Past deals in Singapore

WIZ.AI

Series A in 2023
Wiz Holdings PTE. Ltd. is a Singapore-based company that specializes in developing artificial intelligence software solutions and chatbots aimed at enhancing customer service and operational efficiency for large corporations across Southeast Asia. Founded in 2019, the company provides a range of offerings, including a smart talkbot designed for telemarketing, customer care, and smart guidance. Additionally, Wiz Holdings delivers artificial intelligence as a service (AaaS) solutions focused on mobile office security and big data analysis to improve user behavior insights. With offices in Singapore, Nanjing, and Jakarta, the company leverages a diverse team of experts to advance its humanistic AI conversational technology, enabling businesses to enhance their communication channels and optimize data utilization in a cost-effective manner.

GuardRails

Series A in 2022
GuardRails Pte., Ltd. is a Singapore-based company founded in 2017 that operates a platform designed to enhance application security for developers. The platform enables developers to identify, fix, and prevent vulnerabilities in their web and mobile applications by providing continuous security feedback. It integrates directly with developers' version control systems, scanning code changes in real time and offering immediate remediation guidance for any detected security issues. This approach allows development teams to enhance the security of their applications efficiently, without needing extensive input from security experts. GuardRails is trusted by numerous teams globally, reflecting its effectiveness in safeguarding applications throughout the development process.

Igloo

Series B in 2022
Igloo is a full-stack insurtech firm based in Singapore, with additional offices across Southeast Asia, including Indonesia, Thailand, the Philippines, Vietnam, and Malaysia, as well as tech centers in China and India. Founded with the mission to make insurance accessible for all, Igloo utilizes artificial intelligence and big data for real-time risk assessment and automated claims management. The company specializes in business-to-business-to-consumer insurance solutions, providing services that help platform and insurance companies mitigate operational risks, generate new revenue streams, and enhance existing products and services. Igloo has established partnerships with over 55 prominent brands across various industries, including telecommunications, e-commerce, hospitality, health tech, and financial services, demonstrating its commitment to innovation and accessibility in the insurance sector.

WIZ.AI

Series A in 2022
Wiz Holdings PTE. Ltd. is a Singapore-based company that specializes in developing artificial intelligence software solutions and chatbots aimed at enhancing customer service and operational efficiency for large corporations across Southeast Asia. Founded in 2019, the company provides a range of offerings, including a smart talkbot designed for telemarketing, customer care, and smart guidance. Additionally, Wiz Holdings delivers artificial intelligence as a service (AaaS) solutions focused on mobile office security and big data analysis to improve user behavior insights. With offices in Singapore, Nanjing, and Jakarta, the company leverages a diverse team of experts to advance its humanistic AI conversational technology, enabling businesses to enhance their communication channels and optimize data utilization in a cost-effective manner.

RiskImmune (By Responsible Cyber)

Pre Seed Round in 2020
Spiraling AI-cloud subscriptions—now over 50 per company at $647 per user monthly (Gartner, 2023)—are draining budgets and exposing businesses to cybersecurity gaps, privacy breaches, and AI-driven risks. RiskImmune AI is the first platform to unify cost savings, robust security, and compliance in one solution. Slash 30% waste from auto-renewals and redundant tools, secure untracked AI apps, and take control—features basic plans can’t touch. Transform chaos into confidence for your cloud-first future. Get started in hours.

Igloo

Series A in 2020
Igloo is a full-stack insurtech firm based in Singapore, with additional offices across Southeast Asia, including Indonesia, Thailand, the Philippines, Vietnam, and Malaysia, as well as tech centers in China and India. Founded with the mission to make insurance accessible for all, Igloo utilizes artificial intelligence and big data for real-time risk assessment and automated claims management. The company specializes in business-to-business-to-consumer insurance solutions, providing services that help platform and insurance companies mitigate operational risks, generate new revenue streams, and enhance existing products and services. Igloo has established partnerships with over 55 prominent brands across various industries, including telecommunications, e-commerce, hospitality, health tech, and financial services, demonstrating its commitment to innovation and accessibility in the insurance sector.

Igloohome

Series B in 2019
Igloohome Inc. specializes in the manufacture of security locks designed for both residential and commercial use, facilitating property management through innovative technology. The company offers several products, including the igloohome Smart Keybox, which serves short-term rental hosts and property owners, and the Smart Padlock, a remotely-managed security solution that enables convenient access control. Additionally, the Igloohome mobile app allows users to manage various locks, perform Bluetooth unlocks, generate and manage PIN codes, and monitor lock battery status. The Smart Keybox can be accessed via PIN code and Bluetooth. Igloohome markets its products through resellers and online channels. Founded in 2015, the company is headquartered in Singapore.

Carro

Series B in 2019
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Sesto Robotics

Series A in 2018
SESTO Robotics Pte Ltd, founded in 2017 and headquartered in Singapore with an additional office in China, specializes in manufacturing robots and robotic solutions designed for various material handling tasks. Its product lineup includes the S200.V2, a compact robot capable of carrying loads up to 200 kilograms, and the S200 series, which features a 7-axis robot arm suitable for payloads of up to 20 kilograms and a SCARA configuration for efficient picking, placing, and transporting of materials. SESTO Robotics focuses on providing intelligent and flexible automated guided vehicles, enhancing productivity for global companies through sophisticated autonomous material movement technology.

SenseTime

Series C in 2018
SenseTime Group Limited is an artificial intelligence company specializing in computer vision and deep learning technologies. Founded in 2014 and headquartered in Beijing, China, the company develops a wide range of AI solutions, including face and body analysis, image and video recognition, autonomous driving technologies, and medical image analysis. SenseTime's proprietary AI infrastructure, SenseCore, supports scalable and efficient AI software platforms tailored for various applications across sectors such as smart cities, intelligent transportation, healthcare, and finance. The company is also active in advancing industry standards related to data security and ethical AI practices, having contributed to numerous national and international guidelines. With a presence in multiple countries, including Japan, Singapore, and several locations in China, SenseTime aims to drive innovation and foster sustainable productivity through its AI technologies.

Carro

Series B in 2018
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

ShopBack

Series A in 2017
ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.

Carro

Venture Round in 2017
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Carro

Series A in 2016
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Igloohome

Seed Round in 2015
Igloohome Inc. specializes in the manufacture of security locks designed for both residential and commercial use, facilitating property management through innovative technology. The company offers several products, including the igloohome Smart Keybox, which serves short-term rental hosts and property owners, and the Smart Padlock, a remotely-managed security solution that enables convenient access control. Additionally, the Igloohome mobile app allows users to manage various locks, perform Bluetooth unlocks, generate and manage PIN codes, and monitor lock battery status. The Smart Keybox can be accessed via PIN code and Bluetooth. Igloohome markets its products through resellers and online channels. Founded in 2015, the company is headquartered in Singapore.

Kai Square

Series B in 2014
KAI Square, established in 2006, is a high-tech company based in Singapore that specializes in innovative surveillance and monitoring solutions. Initially a small operation with seven employees, the company has expanded to a workforce of 50 and has established itself as a leader in the local security market. KAI Square offers a cloud-based platform that consolidates and processes data from surveillance devices, facilitating intelligent monitoring for various industries, including telecommunications, healthcare, security, logistics, and law enforcement. The company's expertise in video analytics and commitment to technological advancement have helped it build a strong reputation among system integrators and clients, managing over 20,000 security cameras to enhance security and operational efficiency across multiple sectors.

Guanxi.me

Series A in 2012
Guanxi.me, operated by Guanxi Inc., is an online social discovery and interaction platform based in Shanghai, China. Founded in 2010, the platform utilizes location-based services to enhance interpersonal relationships by enabling users to connect with individuals in their vicinity. It offers innovative mobile application technologies that facilitate the discovery of potential friends and business partners, thereby fostering a network of social and professional relationships. The application notifies users when their contacts are nearby, allowing for real-time interactions. Guanxi.me aims to improve the way people maintain connections in modern life, making it easier to build and sustain a mutual network of friendships and business relations. The company has secured initial investment from SingTel Innov8, part of Singapore Telecommunications Limited.

Brandscreen Holdings

Series B in 2012
Brandscreen is a technology startup specializing in real-time media trading, with its primary office located in Singapore and research and development operations based in Sydney. Founded in 2006, the company has positioned itself as a leader in the online advertising industry, focusing on transforming the purchasing and selling of digital ad space. Brandscreen offers an online trading platform that allows brands and media agencies to engage in real-time bidding for display and mobile advertising across various exchanges. By leveraging advanced technology, Brandscreen aims to streamline the advertising process and enhance the effectiveness of media buying.

Bubbly

Series E in 2012
Bubbly Inc. operates a social voice application that enables users to connect globally through voice messaging. Originally founded as Bubble Motion in 2003, the company is headquartered in Singapore and has expanded its offerings to include a mobile social network that allows users to share audio updates with friends, family, and followers. The application supports both feature phones and smartphones, making it accessible across diverse devices. Users can follow celebrities and influencers to receive updates in their authentic voices, as well as enhance their own recordings with various audio effects and filters. Bubbly has garnered a user base of over 30 million, particularly in Asia, and is now expanding its reach with a smartphone app available globally. The platform is often likened to "Twitter with a voice," and has been described as the "Instagram of voice" due to its focus on creative audio sharing. Bubbly is backed by notable investors and has operations in multiple countries, including the United States, India, and several Southeast Asian nations.

migme

Convertible Note in 2011
Migme Limited is a global digital media company that operates a fan-based social entertainment platform called migme. The platform offers chat, content, and microblogging services, allowing users to post bite-sized blogs, send messages, and exchange virtual gifts. Revenue is generated through gifts, games, avatar items, emoticons, and stickers. Founded in 2005, the company is listed and registered in Australia, with its headquarters located in Singapore.

JFDI.Asia

Venture Round in 2011
JFDI.Asia is a Singapore-based seed accelerator that specializes in supporting start-up businesses, particularly in the mobile and digital sectors tailored for the Asian market. The organization employs a model similar to Techstars and has achieved a 60% success rate in guiding start-ups from initial concept to securing seed investments of up to $600,000 within a 100-day program. JFDI.Asia caters to a diverse clientele that includes start-up teams, early-stage investors, and organizations aiming to foster innovation and entrepreneurship among their employees. By focusing on local needs and opportunities, JFDI.Asia plays a pivotal role in nurturing the entrepreneurial landscape in Asia.

Bubbly

Series D in 2011
Bubbly Inc. operates a social voice application that enables users to connect globally through voice messaging. Originally founded as Bubble Motion in 2003, the company is headquartered in Singapore and has expanded its offerings to include a mobile social network that allows users to share audio updates with friends, family, and followers. The application supports both feature phones and smartphones, making it accessible across diverse devices. Users can follow celebrities and influencers to receive updates in their authentic voices, as well as enhance their own recordings with various audio effects and filters. Bubbly has garnered a user base of over 30 million, particularly in Asia, and is now expanding its reach with a smartphone app available globally. The platform is often likened to "Twitter with a voice," and has been described as the "Instagram of voice" due to its focus on creative audio sharing. Bubbly is backed by notable investors and has operations in multiple countries, including the United States, India, and several Southeast Asian nations.

Whale

Whale provides an omnichannel marketing platform that transforms marketing operations, digitalizes store operations and unifies offline & online brand experiences leveraging AI + IoT + Big Data to “Connect Brands with Customer”. Founded in 2017, Whale has since empowered 1000+ global FMCG, F&B, Fashion and Automotive brands including P&G, Unilever, Starbucks, UNIQLO, ARMANI, Watsons, Xiaomi, Midea, Lotus, POP MART etc. with over 150,000 stores across APAC, enabling brands to embrace the full potential of digital transformation. Equipped with AI capabilities, patented ReID technology and enterprise-grade security, Whale platforms comprising of Space Data Platform (SDP), Whale Marketing Cloud (WMC), Whale Open Platform (WOP) and Whale Analytics, serve as the end-to-end digitalization engine that enables brands to seamlessly engage with each customer. Whale is backed by Temasek Holding, NIO Capital, Source Code Capital, Linear Capital, Alpha Commune, BAI Capital and The Jiangmen, with 6 offices across Singapore, Hangzhou, Shanghai, Beijing and Shenzhen.
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