UOB Venture Management

UOB Venture Management Private Limited is an investment arm of United Overseas Bank Group, established in 1992 and headquartered in Singapore. The firm specializes in expansion and growth stage investments across various sectors, including energy, consumer services, consumer goods, environmental technology, healthcare, industrials, agriculture, and technology. UOB Venture Management primarily focuses on opportunities in Southeast Asia and China, targeting companies in countries such as Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The firm typically invests up to USD 25 million per deal, depending on the specific funding needs of the companies it supports. With additional offices in Shanghai, Beijing, and Jakarta, UOB Venture Management aims to finance privately-held businesses through direct equity investments, fostering growth in key industries within the region.

Fang Jing

Senior Director - China

Vivian Fu

Director - China

Gao Jian

Associate Director

Paul Ng

Executive Director

Paul Ng

Executive Director

Seah Kian Wee

CEO

Jean Thoh

Managing Director

Mark Yeo

Managing Director

Past deals in Vietnam

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.

TheBank

Series A in 2021
TheBank is an online financial consultancy based in Hanoi, Vietnam, established in 2014. It offers a platform that enables users to compare various financial products, including credit cards, loans, savings, and insurance. By connecting customers with experts and counselors from banks and insurance companies, TheBank facilitates informed decision-making. The platform also provides tools that help users estimate premiums or interest on loans and insurance, promoting effective financial planning. Additionally, TheBank offers account services, allowing customers to manage their deposits and loan payments efficiently. Through its comprehensive services, TheBank aims to assist individuals in achieving their financial goals and planning for retirement.

Lifetrack Medical Systems

Series A in 2019
Lifetrack Medical Systems is a health-tech company that has created the LifeSys™ platform, a scalable and distributed medical imaging software aimed at enhancing access to healthcare in emerging markets. This innovative system enables large healthcare chains, public health systems, and radiology group practices to efficiently manage and distribute medical images, improving operational efficiency while minimizing costs. By addressing the specific needs of regions with limited resources, Lifetrack seeks to provide simple and intuitive solutions for the healthcare ecosystem, particularly in medical imaging. The company has established a global presence, serving customers in the United States, Philippines, Indonesia, India, Singapore, Vietnam, Thailand, the UK, and Nigeria. Lifetrack has secured multiple regulatory approvals, including US FDA 510(k), CE Mark, and ANVISA registration, and holds two patents from the United States Patent Office.

OkieLa

Series A in 2018
OkieLa is a technology development company focused on creating online mobile applications that facilitate e-commerce. The company's platform is designed to connect buyers and sellers, allowing users to shop and sell efficiently on mobile devices. By providing tools that help users optimize their business activities, OkieLa aims to enhance operational productivity and support business growth. The application serves as a resource for individuals and organizations looking to improve their engagement in the marketplace and streamline their business processes.

OkieLa

Seed Round in 2016
OkieLa is a technology development company focused on creating online mobile applications that facilitate e-commerce. The company's platform is designed to connect buyers and sellers, allowing users to shop and sell efficiently on mobile devices. By providing tools that help users optimize their business activities, OkieLa aims to enhance operational productivity and support business growth. The application serves as a resource for individuals and organizations looking to improve their engagement in the marketplace and streamline their business processes.
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