UOB Venture

UOB Venture Management Private Limited is an investment arm of United Overseas Bank Group that specializes in growth stage investments. Founded in 1992 and headquartered in Singapore, with additional offices in Shanghai, Beijing, and Jakarta, the firm primarily focuses on sectors such as energy, consumer services, consumer goods, environmental technology, industrials, healthcare, agriculture, and technology. UOB Venture aims to support privately-held companies through direct equity investments, primarily in Southeast Asia, including ASEAN countries and China. The firm typically invests up to USD $25 million per deal, depending on the specific funding needs of the target companies. With a diverse portfolio, UOB Venture is dedicated to fostering the growth of innovative businesses in the region.

Michael Budiman

Vice President

Jing Fang

Senior Director

Lei Fu

Senior Director

Gao Jian

Associate Director

Michele Lee

Director, Investor Relations

Teck Sim Ng

Executive Director (Investment)

Kate Jain Ng

Executive Director

Pei Yeing Ong

Senior Director

Kian Wee Seah

CEO and Managing Director

Jean Thoh

Executive Director (Investment)

Jing Herng Thoh

Executive Director

Mark Yeo

Executive 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.Vn provides an online financial consultancy website in Vietnam. Its platform compares products, such as credit cards, loans, savings, and insurance to provide financial advisory services; and connects customers with experts and counselors of banks and insurance companies in Vietnam. The company was founded in 2014 and is based in Hanoi, Vietnam.

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 developer of an online mobile application intended to to connect and learn to help users grow their businesses. The company's application provides shopping and selling on mobile and creates connection between the buyer and seller, enabling users to optimize what to do so they can focus more on their business.

OkieLa

Seed Round in 2016
OkieLa is a developer of an online mobile application intended to to connect and learn to help users grow their businesses. The company's application provides shopping and selling on mobile and creates connection between the buyer and seller, enabling users to optimize what to do so they can focus more on their business.