About Ascend Angels
Ascend Angels, established in 2021, is an angel investment group based in Singapore, Singapore. It primarily focuses on Seed investments in companies in Singapore. Its portfolio includes 7 firms, spanning the High Tech, Enterprise Applications sectors. Its most notable investments include companies like Botsync, Eazy Digital and Max. As of Oct 2026, Ascend Angels has witnessed 1 portfolio exit. Its latest investment was a $2.1M Seed round in EVO on Aug 07, 2024, which also saw participation from IJK and Reuben Lai.
To date, 29 investors have co-invested in Ascend Angels's portfolio companies, including prominent names like Orvel Ventures.
Key Metrics
Founded Year
2021
Location
Singapore, Singapore
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed & Series A
Ascend Angels' List of Top Investments
Ascend Angels has a portfolio of 7 companies. Their most notable investments include Botsync and Eazy Digital.Their portfolio spans across Singapore, Indonesia, Thailand and 1 more locations. They have invested in High Tech, Enterprise Applications, Food and Agriculture Tech and 8 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Ascend Angels:1. Botsync
Online platform providing robotic system integration solutions for various manufacturers. It is a provider of robotic solutions for automating and digitizing material movement in logistics and manufacturing industries through autonomous mobile robots. Their offerings include robotic platforms and digital solutions to streamline operations and enhance user experience.
Key facts about Botsync
- Founded Year: 2017
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1M - 10M as on Dec 31, 2024
- Stage: Series A
- Total Funding till date: $5.2M
- Employee Count: 89 as on Aug 31, 2026
- Investors: Locus Ventures, Aeroflex Enterprises and 31 Others
- Latest Funding Round: Series A, Jan 14, 2026, $*****
- Highlight: Editors' Pick

2. Eazy Digital
Provider of software solutions for insurance intermediaries. It offers a platform for financial products that allow the management of customer referral program, and user engagement, as well as a financial product wallet.
Key facts about Eazy Digital
- Founded Year: 2022
- Location: Bangkok (Thailand)
- Stage: Acquired
- Total Funding till date: $1.85M
- Employee Count: 6 as on Aug 31, 2026
- Investors: Wavemaker Partners, MVP and 6 Others
- Latest Funding Round: Seed, Oct 12, 2023, $*****
- Highlight: Acquired
3. Max
Credit card comparison solution for consumers. Provides aggregating multiple credit cards with personal finance autopilot to select card for the next purchase. Provides a set of credit cards tailored to maximize rewards, and the impact of a credit card offer on existing credit card strategy.
Key facts about Max
- Founded Year: 2023
- Location: Seattle (United States)
- Stage: Series A
- Total Funding till date: $13.7M
- Employee Count: 37 as on Aug 31, 2026
- Investors: Peak XV Partners, January Capital and 9 Others
- Latest Funding Round: Series A, Jan 28, 2026, $*****
- Highlight: Editors' Pick
4. EVO
Provider of social platform for businesses. The solution help influencers and live-streamers to optimize the back-office operations and allowing them to sell products to online customers. Its solution offerings include ordering management, payments, reconciliation, inventory management, discount management, and more. It also helps brands and merchants to connect with influencers directly through the platform.
Key facts about EVO
- Founded Year: 2019
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $4.7M
- Employee Count: 32 as on Aug 31, 2026
- Investors: 33 Capital, GSR Ventures and 22 Others
- Latest Funding Round: Seed, Aug 07, 2024, $*****
- Highlight: Editors' Pick

5. Eratani
Provider of integrated solutions connecting farmers to resources and broader markets. The company offers funding access, agricultural inputs, and harvest sales management. It facilitates connections between farmers, suppliers, and local rice mills. The company focuses on creating a reliable distribution network and broader market access at competitive prices. The aim is to build a modern and sustainable agricultural ecosystem.
Key facts about Eratani
- Founded Year: 2021
- Location: Jakarta (Indonesia)
- Stage: Series A
- Total Funding till date: $13.6M
- Employee Count: 152 as on Aug 31, 2026
- Investors: Genting Ventures, AgFunder and 18 Others
- Latest Funding Round: Series A, Apr 17, 2025, $*****
- Highlight: Editors' Pick
Ascend Angels' Year-on-Year Investment Trends
Ascend Angels has invested in 7 companies over the last 3 years, with an average of 2 new investments annually in the last 3 years. Its most recent first time investment was in EVO.Ascend Angels' Investments by Stage
Ascend Angels has made 6 investments in Seed stage with an average round size of $1.82M and 1 investment in Series A stage with an average round size of $5.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 1 |
Note: We have considered here, only first round of investments
Ascend Angels' Investments by Sector
Ascend Angels has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Artificial Intelligence - Industry Applications and Education. Notably, it has invested in 6 Tech companies, 5 Enterprise (B2B) companies, 4 Software companies and at least 2 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Consumer | 2 |
FinTech | 2 |
Artificial Intelligence - Industry Applications | 1 |
Education | 1 |
Others | 9 |
Note: We have considered here, only first round of investments
Ascend Angels' Investments by Geography
Ascend Angels has made most investments in Singapore (4), followed by Indonesia where it has made 1 investment.Country | No. of Investments |
|---|---|
Singapore | 4 |
Indonesia | 1 |
Thailand | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Ascend Angels' recent investments
Ascend Angels has not made any investment in 2026 so far.Here are the most recent investments by Ascend Angels:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 07, 2024 | Singapore | Seed | 7204 | [+5] | |
Jul 11, 2024 | Singapore | Seed | 5422 | [+3] | |
Jul 02, 2024 | United States | Seed | 5624 | [+6] | |
Jun 05, 2024 | Singapore | Series A | 7346 | [+7] | |
Oct 12, 2023 | Thailand | Seed | 5796 | [+3] |
Acquired companies in Ascend Angels' Portfolio
1 company from Ascend Angels' portfolio has been acquired. The most recent acquisition was Eazy Digital in Jul 2026 by Igloo for $*****.Here are Ascend Angels' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2026 | Oct 12, 2023 | Seed | 5572 |
Co-investors of Ascend Angels
Over the past 3 years, 80 investors have co-invested in Ascend Angels's portfolio companies. This includes funds and angels.
- Invested before Ascend Angels: Iterative, ZB Capital and 41 others have invested in rounds before Ascend Angels. There is 1 company where Iterative has invested before Ascend Angels and 1 company where ZB Capital has invested before Ascend Angels.
- Top Co-investors of Ascend Angels: 29 investors entered a company along with Ascend Angels. These include investors like Orvel Ventures (5 companies).
- Invested after Ascend Angels: A total of 8 investors have invested in Ascend Angels's portfolio after their investments. Top Investors include SGInnovate (1 company) and Peak XV Partners (1 company).
Recent News related to Ascend Angels
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SGInnovate backs Botsync in extended Series A amid AMR market surgee27•Jan 14, 2026•Ascend Angels, Capital 2B, ZB Capital, Botsync and 1 other
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D2C personal care product startup Evo Commerce bags U$2.1M to expand retail touchpointse27•Aug 07, 2024•EVO, IJK, Octave Well-Being Economy Fund, Orvel Ventures and 2 others
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Singapore’s Loyalty Platform Heymax.ai Bags US$2.6 Million Seed FundingFinTechnews•Jul 02, 2024•Max, January Capital, Tenity, Ascend Angels and 1 other
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Robotics startup Botsync raised $5.2 M Series A fundingIncubees•Jun 06, 2024•Capital 2B, Betatron Venture Group, Botsync, Ascend Angels and 3 others
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Robotics firm by NTU graduates raises $5.2m to bolster software offeringTech in Asia•Jun 05, 2024•Botsync, Capital 2B, Betatron Venture Group, IvyCap Ventures and 7 others
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Indonesia’s Eratani raises further $2M seed funding, bringing total seed funding to $5.8MTechNode•Jul 10, 2023•Eratani, SBI Ven Capital, Kyobo Securities, NTUitive and 3 others
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Eratani nets $2m to boost Indonesia’s agri supply chainTech in Asia•Jul 10, 2023•Eratani, SBI Ven Capital, Genting Ventures, Orvel Ventures and 5 others
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Zenith Learning Group Secures $1.4m To Move Into EdtechTech in Asia•Jul 07, 2023•Zenith Learning Group, Trihill Capital, East Ventures, Orvel Ventures and 3 others
