Xora Innovation

Founded in Singapore in 2020, Xora Innovation is an investment platform focusing on early-stage deep tech ventures. It primarily invests in computing & communications, climate & energy, and AI in physical industries across Asia and North America.

Philippe Inagaki

Managing Partner and Chief Investment Officer

Joel Leong

Director, Research and Analytics

Candice Ong

COO and Partner

Donna See

CEO

Phoebe Tan Ph.D

Partner

Alan Thompson

Interim CEO

20 past transactions

Summit Nanotech Corporation

Venture Round in 2025
Summit Nanotech Corporation is a Calgary-based cleantech company developing direct lithium extraction technology for lithium producers, with modular systems designed for scalable deployment and a focus on sustainable, water-efficient operations. Founded in 2018, it collaborates with mining companies and lithium asset owners in Chile and Argentina to reduce environmental impact and lower costs compared with traditional methods.

Celestial AI

Series C in 2025
Celestial AI is a prominent artificial intelligence company that provides an advanced platform for users to efficiently create images, text, and presentations. Utilizing cutting-edge computer vision algorithms and natural language processing, the platform produces high-quality visual and textual content. Its intuitive design, combined with innovative features, facilitates easy content creation. Moreover, Celestial AI emphasizes intelligent data integration and prioritizes security, ensuring that users achieve impressive and reliable results.

Vsim Technology

Seed Round in 2024
Vsim Technology offers physics simulations technologies for AI, robotics, VFX, research and the industrial metaverse.

Hyperlight

Series B in 2024
Hyperlight specializes in thin-film lithium niobate photonic integrated circuits. They offer innovative electro-optic and nonlinear optical solutions with scalable manufacturing processes, collaborating closely with customers from initial concept to volume production.

Celestial AI

Series C in 2024
Celestial AI develops a data center and artificial intelligence computing platform that uses photonics, mixed-signal ASICs, and advanced packaging to deliver sustainable improvements in AI acceleration hardware and software. Its Photonic Fabric technology enables optically scalable, disaggregated data center computing and memory, supporting deep learning and machine learning workloads. The company aims to provide an integrated platform that enhances AI performance while reducing energy use and total cost of ownership.

Amperesand

Seed Round in 2024
Amperesand is a grid infrastructure solution provider that specializes in developing advanced infrastructure systems for electrification. The company focuses on creating efficient, intelligent, and resilient electrical solutions using cutting-edge technology. Its offerings include silicon carbide (SiC) devices and proprietary high-frequency transformers, which are designed to be both flexible and durable. By leveraging these innovative components, Amperesand enables clients to effectively transform and manage electricity, enhancing the reliability and performance of their electrical systems.

Aether Fuels

Seed Round in 2023
Aether Fuels is an innovative climate technology company focused on creating sustainable fuels aimed at decarbonizing challenging sectors such as aviation and ocean shipping. The firm specializes in developing technologies that facilitate the efficient and cost-effective production of sustainable fuels from waste biomass and biogenic carbon dioxide. By enabling clients to produce practical and scalable sustainable fuels, Aether Fuels addresses the critical need for environmentally friendly alternatives in industries that are traditionally hard to decarbonize.

Talus Renewables

Series A in 2023
Talus Renewables offers new pathways to chemicals, fertilizers, and fuels with its green ammonia production technology.

Cosmos Innovation

Series A in 2023
Cosmos Innovation is a technology company offering full stack software development, product design, cloud hosting, and MVP deployment services, complemented by an AI‑driven solar cell technology platform. The platform designs next‑generation perovskite–silicon tandem solar cells that are optimized through data‑driven processes, leveraging a mix of materials and methods to approach performance boundaries. By integrating software capability with energy technology, Cosmos Innovation enables clients to accelerate development of digital products and advanced solar and semiconductor technologies, reducing time and cost relative to conventional approaches.

Automera

Series A in 2023
Automera specializes in innovative drug development methods, focusing on autophagy modulation. It employs advanced computational chemistry, AI, and quantum molecular dynamics to design chimeric small molecules targeting both autophagy and specific disease pathways.

Allozymes

Series A in 2023
Allozymes is a pioneering company specializing in advanced microfluidics technology. It accelerates enzyme evolution and development by creating sensitive assays for detecting enzymatic reactions, proprietary microfluidic chips, and proteomics technologies.

Celestial AI

Series B in 2023
Celestial AI develops a data center and artificial intelligence computing platform that uses photonics, mixed-signal ASICs, and advanced packaging to deliver sustainable improvements in AI acceleration hardware and software. Its Photonic Fabric technology enables optically scalable, disaggregated data center computing and memory, supporting deep learning and machine learning workloads. The company aims to provide an integrated platform that enhances AI performance while reducing energy use and total cost of ownership.

Summit Nanotech Corporation

Series A in 2023
Summit Nanotech Corporation is a Calgary-based cleantech company developing direct lithium extraction technology for lithium producers, with modular systems designed for scalable deployment and a focus on sustainable, water-efficient operations. Founded in 2018, it collaborates with mining companies and lithium asset owners in Chile and Argentina to reduce environmental impact and lower costs compared with traditional methods.

Think Bioscience

Seed Round in 2022
Think Bioscience is a company focused on advancing synthetic biology to enhance the development of medicines. It employs innovative technology to encode complex molecular objectives within microbial hosts, facilitating the identification, construction, and evolution of small molecules. By leveraging living systems, Think Bioscience aims to transform the drug discovery process, providing medical researchers with powerful tools to create better therapeutic solutions. The company's approach represents a significant evolution in the field of synthetic biology, positioning it as a leader in the quest for improved medicinal outcomes.

Summit Nanotech Corporation

Series A in 2022
Summit Nanotech Corporation is a Calgary-based cleantech company developing direct lithium extraction technology for lithium producers, with modular systems designed for scalable deployment and a focus on sustainable, water-efficient operations. Founded in 2018, it collaborates with mining companies and lithium asset owners in Chile and Argentina to reduce environmental impact and lower costs compared with traditional methods.

SpeQtral

Venture Round in 2021
SpeQtral is a technology company focused on developing advanced quantum communication systems, particularly through satellite-based solutions. With a team of experts in quantum science, cryptography, and engineering, SpeQtral addresses the significant security challenges that arise from the advancements in quantum computing. The company's product portfolio includes both fibre- and satellite-based quantum key distribution systems, which provide security through physical principles rather than traditional computational methods. This innovative approach ensures that SpeQtral's technologies are resilient against current encryption vulnerabilities and are future-proof, enabling businesses to establish secure communication networks with an additional layer of quantum-secured encryption.

SpeQtral

Series A in 2021
SpeQtral is a technology company focused on developing advanced quantum communication systems, particularly through satellite-based solutions. With a team of experts in quantum science, cryptography, and engineering, SpeQtral addresses the significant security challenges that arise from the advancements in quantum computing. The company's product portfolio includes both fibre- and satellite-based quantum key distribution systems, which provide security through physical principles rather than traditional computational methods. This innovative approach ensures that SpeQtral's technologies are resilient against current encryption vulnerabilities and are future-proof, enabling businesses to establish secure communication networks with an additional layer of quantum-secured encryption.

Allozymes

Seed Round in 2021
Allozymes is a pioneering company specializing in advanced microfluidics technology. It accelerates enzyme evolution and development by creating sensitive assays for detecting enzymatic reactions, proprietary microfluidic chips, and proteomics technologies.

Nuevocor

Series A in 2021
Nuevocor is a preclinical-stage biopharmaceutical company dedicated to developing gene therapy-based treatments aimed at restoring cardiac function in hearts affected by disease. The company specializes in addressing genetic cardiomyopathies, which are characterized by abnormal mechanobiology. By focusing on modulating mechanical force transduction, Nuevocor seeks to provide innovative solutions that enable healthcare professionals to improve cardiac function in patients suffering from these conditions.

Nuevocor

Nuevocor is a preclinical-stage biopharmaceutical company dedicated to developing gene therapy-based treatments aimed at restoring cardiac function in hearts affected by disease. The company specializes in addressing genetic cardiomyopathies, which are characterized by abnormal mechanobiology. By focusing on modulating mechanical force transduction, Nuevocor seeks to provide innovative solutions that enable healthcare professionals to improve cardiac function in patients suffering from these conditions.
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