About EDBI
EDBI is a venture capital firm founded in 1991. It is primarily based out of Singapore, Singapore. As of Oct 2026, EDBI is an active investor, having invested in 258 companies, with 10 new investments in the last 12 months. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and High Tech. Most recently it participated in the $***** Series A round of Universal Quantum Overall, EDBI portfolio has seen 31 unicorns, 42 IPOs and 68 acquisitions including key companies like Grab, DocuSign and Carta. A lot of funds co-invest with EDBI, with names like Pavilion Capital Partners sharing a substantial percentage of its portfolio. EDBI has team of 43 people including 12 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B & 10 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
EDBI's List of Top Investments
EDBI has a portfolio of 258 companies, including 31 unicorns. Their most notable investments are in Ooyala and Aetion.Their portfolio spans across United States, Singapore, China and 17 more locations. They have invested in Enterprise Applications, Life Sciences, High Tech and 35 other sectors, across stages such as Series C, Series B and 10 more. Here is the list of top investments by EDBI:1. Grab
Operator of a platform providing ride-hailing, food delivery, and payment services. The platform offers options for transportation, on-demand delivery, and various financial solutions. It facilitates connections between consumers, drivers, and merchants. The platform also provides tools and resources for business and enterprise clients.
Key facts about Grab
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $10.4B
- Employee Count: 57,733 as on Jul 31, 2026
- Investors: Glean Management, Toyota and 108 Others
- Latest Funding Round: Post IPO, Jul 27, 2021, $*****
- Highlight: Public
2. DocuSign
Provider of electronic signature and intelligent agreement management platform solutions. The platform offers tools for contract lifecycle management, agreement preparation, and agreement workflow automation. It provides features such as electronic notarization, web forms, and multi-channel delivery options. The platform extends its capabilities through integrations, APIs, and a mobile application.
Key facts about DocuSign
- Founded Year: 2003
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $520M
- Employee Count: 8,545 as on Sep 30, 2026
- Investors: HTIF, Glynn Capital and 92 Others
- Latest Funding Round: Post IPO, Jul 20, 2020, $*****
- Highlight: Public
3. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 5,728 as on Sep 30, 2026
- Investors: Meritech, Silver Lake and 140 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
4. Carousell
Online marketplace platform offering multi-category second-hand products. The product catalog includes fashion, stationery, gadgets, home appliances, furniture, food supplies, pet supplies, sports equipment, and more. It also provides job, home services, lifestyle services, and more. The application is available on both iOS and Android platforms.
Key facts about Carousell
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: $100M - $500M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $376M
- Employee Count: 1,227 as on Sep 30, 2026
- Investors: Rakuten, Olx Group and 20 Others
- Latest Funding Round: Series E, Sep 04, 2023, $*****
- Highlight: Editors' Pick
5. Adyen
Provider of end-to-end payment, data, and financial management platform solutions. The platform facilitates payment acceptance, revenue protection, and financial control. It allows businesses to add payment methods and expand into new markets. The platform connects online and offline channels to create customer experiences using cross-channel insights. It helps businesses understand their data and manage fraud.
Key facts about Adyen
- Founded Year: 2006
- Location: Amsterdam (Netherlands)
- Stage: Public
- Total Funding till date: $266M
- Employee Count: 5,650 as on Sep 30, 2026
- Investors: Access Industries, Ringway Capital and 16 Others
- Latest Funding Round: Series C, Sep 30, 2015, $*****
- Highlight: Public
EDBI's Year-on-Year Investment Trends
EDBI has invested in 258 companies over the last 26 years, with an average of 12 new investments annually in the last 10 years. In 2025, it made 12 investments, while as of Oct 2026, it has made 9 investments in this year. Its most recent first time investment was in Universal Quantum and most recent follow-on round was in Nuevocor.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 0 | 9 |
2025 | 11 | 1 | 12 |
2024 | 8 | 0 | 8 |
2023 | 5 | 5 | 10 |
2022 | 13 | 8 | 21 |
2021 | 19 | 7 | 26 |
2020 | 13 | 5 | 18 |
2019 | 14 | 2 | 16 |
2018 | 15 | 1 | 16 |
2017 | 9 | 1 | 10 |
EDBI's Investments by Stage
EDBI is primarily an Late Stage Investor investor majorly investing in Series C (43) rounds where average round size is $4.31B, Series B (39) rounds where average round size is $2.99B and Series A (32) rounds where average round size is $1.31B.Stage of entry | No. of Investments |
|---|---|
Series C | 43 |
Series B | 39 |
Series A | 32 |
Series D | 26 |
Series E | 13 |
Others | 22 |
Note: We have considered here, only first round of investments
EDBI's Investments by Sector
EDBI has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, High Tech, FinTech and HealthTech. Notably, it has invested in 218 Tech companies, 201 Enterprise (B2B) companies, 111 Software companies and at least 60 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 69 |
Life Sciences | 45 |
High Tech | 44 |
FinTech | 27 |
HealthTech | 18 |
Others | 199 |
Note: We have considered here, only first round of investments
EDBI's Investments by Geography
EDBI has made most investments in United States (103), followed by Singapore where it has made 42 investments.Country | No. of Investments |
|---|---|
United States | 103 |
Singapore | 42 |
United Kingdom | 7 |
China | 4 |
India | 4 |
Others | 15 |
Note: We have considered here, only first round of investments
EDBI's recent investments
EDBI has made 9 investments in 2026 so far. Universal Quantum and Lumilens are the latest among them.Here are the most recent investments by EDBI:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 08, 2026 | United Kingdom | Series A | 1873 | [+9] | |
Aug 06, 2026 | United States | Series C | 1484 | [+16] | |
Aug 03, 2026 | United States | Series E | 6892 | [+11] | |
May 05, 2026 | Singapore | Series B | 9146 | - | |
May 01, 2026 | United States | Series C | 4755 | [+1] |
Unicorns in EDBI's Portfolio
EDBI has 31 unicorns in its portfolio - Horizon Three AI, ShopBack, Iterative Health and others. The most recent unicorn in their portfolio is Horizon Three AI. It became a unicorn in 2026.Here is a list of unicorns in EDBI's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Cloud based pentesting platform | 2019 | San Francisco | Series E | {v{wlrc | ||
79 | Online platform providing cashback rewards, coupons, and promo codes for purchases | 2014 | Singapore | Series F | iccwlqx | ||
60 | Provider of AI-based device for endoscopic images of gastroenterological diseases | 2017 | Cambridge | Series C | ak{pybq | ||
66 | Developers of digital-in memory compute engine for efficient AI processing | 2019 | Los Altos | Series C | cigz{k{ | ||
74 | Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions | 2016 | Singapore | Series D | tofdqvk |
IPOs and Publicly Listed companies in EDBI's Portfolio
42 of EDBI's portfolio companies have become public. Ambiq got listed on the New York Stock Exchange (NYSE), in Jul 2025 at marketcap of $409M and Mirxes got listed on the Hong Kong Exchanges (HKG) at marketcap of $821M.Here are EDBI's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 30, 2025 | Sep 26, 2018 | Series E | 1280 | |
May 23, 2025 | Jul 10, 2021 | Series C | 4719 | |
Apr 11, 2022 | - | - | 7586 | |
Mar 02, 2022 | Feb 28, 2020 | Series C | 6063 | |
Dec 01, 2021 | - | - | 6220 |
Acquired companies in EDBI's Portfolio
68 companies from EDBI's portfolio have been acquired. The most recent acquisition was Neuron in Jul 2026 by Lime for $*****.Here are EDBI's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 06, 2026 | Apr 27, 2022 | Series B | 6171 | |
Jun 09, 2026 | Jan 05, 2016 | Series C | 3222 | |
May 27, 2026 | Jan 21, 2022 | Series C | 4762 | |
Dec 24, 2025 | - | - | 1190 | |
Dec 23, 2025 | Aug 09, 2019 | Series D | 6487 |
Team profile of EDBI
EDBI has a team of 43 members including 12 Partners and 7 Principals located in Singapore and United States. EDBI's team sits on the board of 4 companies.Here is a list of top team members in EDBI:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | |||
Partner | Singapore | |||
Partner | Singapore | - | ||
Partner | Singapore | - | - | |
Partner | Singapore | - | - | |
Partner | Singapore | - | - | |
Partner | Singapore | - | - | |
Partner | Singapore | - | ||
Partner | - | - | - | |
Partner | Singapore | - | - |
Co-investors of EDBI
Over the past 26 years, 1717 investors have co-invested in EDBI's portfolio companies. This includes funds and angels.
- Invested before EDBI: New Enterprise Associates, Kleiner Perkins and 837 others have invested in rounds before EDBI. There are 8 companies where New Enterprise Associates has invested before EDBI and 8 companies where Kleiner Perkins has invested before EDBI.
- Top Co-investors of EDBI: 472 investors entered a company along with EDBI. These include investors like Pavilion Capital Partners (8 companies).
- Invested after EDBI: A total of 406 investors have invested in EDBI's portfolio after their investments. Top Investors include SoftBank Vision Fund (7 companies), J P Morgan (6 companies) and HSBC (4 companies).
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