About Fatfish Group
Fatfish Group is a venture capital firm founded in 2011. It is primarily based out of Melbourne, Australia. As of May 2021, Fatfish Group has invested in 25 companies. It primarily invests in Seed round in Singapore based startups. Its investments are spread across a wide range of sectors from Consumer to FinTech and Retail. Most recently it participated in the $***** Seed round of ESPL Overall, Fatfish Group portfolio has seen 3 IPOs and 4 acquisitions including key companies like iCandy, iFashion and RajaPremi. A lot of funds co-invest with Fatfish Group, with names like Sedania Innovator sharing a substantial percentage of its portfolio. Fatfish Group has team of 9 people including 5 partners.Key Metrics
Fatfish Group's List of Top Investments
Fatfish Group has a portfolio of 25 companies. Their most notable investments are in Kryptos-X and Stackhive.Their portfolio spans across Singapore, Malaysia, Australia and 4 more locations. They have invested in Consumer, FinTech, Retail and 13 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Fatfish Group:1. iCandy
iCandy Interactive is an independent game publisher headquartered in Australia. It specializes in releasing games based on adventure, puzzle and action genres. Some of the games released by the company are "Crab War", "Alien Path", "Mobfish Hunter" and "Alien Hive". It publishes games for Android and iOS platforms. It has also won "Excellence in Gameplay Award 2017" award for its game development studio known as "Appxplore" at the 2nd International Mobile Gaming Awards (IMGA) Southeast Asia. It generates revenue through advertisements and in-app purchases.
Key facts about iCandy
- Founded Year: 2011
- Location: Melbourne (Australia)
- Stage: Public
- Employee Count: 20 as on Jul 31, 2026
- Investors: Fatfish Group, Newman Capital and 2 Others
- Latest Funding Round: Post IPO, Sep 15, 2020, $*****
- Highlight: Public

2. iFashion
Platform investing and acquiring fashion and lifestyle e-commerce ventures. The company offers a platform that helps online fashion retailers with various business and market services including marketing, logistics, warehousing, sales fulfillment, and financial services. It also supports in the areas of mentorship, brand support, business development, and more.
Key facts about iFashion
- Founded Year: 2014
- Location: Singapore (Singapore)
- Stage: Acquired
- Total Funding till date: $736K
- Employee Count: 18 as on Jul 31, 2026
- Investors: Fatfish Group, East Ventures and 18 Others
- Latest Funding Round: Seed, Mar 22, 2016, $*****
- Highlight: Acquired

3. ESPL
Esports league organizer. The company organizes tournaments for various games like League of Legends, Dota2, Fortnite, Rocket League, and more. The platform also allows users to match with other players and form a team to participate in tournaments. It also provides a community platform to connect with players from different regions.
Key facts about ESPL
- Founded Year: 2019
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $1M
- Employee Count: 25 as on Jul 31, 2026
- Investors: Genting Ventures, Fatfish Group and 12 Others
- Latest Funding Round: ICO, Jan 16, 2023, $*****
- Highlight: Editors' Pick
4. News Deeply
News Deeply is dedicated to advancing the user experience of complex global issues. Syria Deeply is an award-winning fusion of journalism and technology created to enhance coverage of the Syrian crisis. The News Deeply platform is the creation of designers and journalists working side by side for the sake of improving the user's ability to grasp and engage with the world's most challenging and under-served topics.
Key facts about News Deeply
- Founded Year: 2012
- Location: New York City (United States)
- Stage: Series A
- Total Funding till date: $7.52M
- Employee Count: 8 as on Jul 31, 2026
- Investors: Graph Ventures, Fatfish Group and 8 Others
- Latest Funding Round: Series A, Jul 18, 2017, $*****
5. RajaPremi
RajaPremi.com is online insurance comparison portal and a subsidiary of FatFish Internet Group. The company is focused on financial services that provide various auto and personal accident insurances for Indonesian market.
Key facts about RajaPremi
- Founded Year: 2013
- Location: Jakarta (Indonesia)
- Stage: Acquired
- Employee Count: 6 as on Jul 31, 2026
- Investors: Fatfish Group and Bstartup
- Highlight: Acquired
Fatfish Group's Year-on-Year Investment Trends
Fatfish Group has invested in 30 companies over the last 13 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in ESPL.Fatfish Group's Investments by Stage
Fatfish Group has made 7 investments in Seed stage with an average round size of $638K and 1 investment in Series A stage.Stage of entry | No. of Investments |
|---|---|
Seed | 7 |
Series A | 1 |
Note: We have considered here, only first round of investments
Fatfish Group's Investments by Sector
Fatfish Group has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Gaming and Mobile. Notably, it has invested in 21 Tech companies, 15 Consumer (B2C) companies, 13 Software companies and at least 11 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer | 2 |
Enterprise Applications | 2 |
FinTech | 2 |
Gaming | 2 |
Mobile | 2 |
Others | 5 |
Note: We have considered here, only first round of investments
Fatfish Group's Investments by Geography
Fatfish Group has made most investments in Singapore (5), followed by Australia where it has made 1 investment.Country | No. of Investments |
|---|---|
Singapore | 5 |
Australia | 1 |
Malaysia | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Fatfish Group's recent investments
Fatfish Group has not made any investment in 2026 so far.Here are the most recent investments by Fatfish Group:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 19, 2021 | Singapore | Seed | 3621 | [+6] | |
Mar 09, 2021 | United States | Seed | 5193 | ||
Nov 28, 2017 | Singapore | Seed | 1954 | - | |
Sep 06, 2016 | Singapore | Series A | 6798 | ||
Feb 26, 2015 | Australia | Seed | 3229 | - |
IPOs and Publicly Listed companies in Fatfish Group's Portfolio
3 of Fatfish Group's portfolio companies have become public. Cloudaron got listed on the Bursa Malaysia (KLSE), in Oct 2017 and iCandy got listed on the Australian Securities Exchange (ASX) at marketcap of $3.92M.Here are Fatfish Group's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 03, 2017 | - | - | 4052 | |
Apr 02, 2016 | - | - | 1241 | |
Nov 30, 2010 | Feb 26, 2015 | Seed | 9721 |
Acquired companies in Fatfish Group's Portfolio
4 companies from Fatfish Group's portfolio have been acquired. The most recent acquisition was iFashion in May 2018 by MC Payment for $*****.Here are Fatfish Group's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 02, 2018 | - | - | 3001 | |
Jul 19, 2016 | Jul 01, 2013 | Seed | 4671 | |
Oct 16, 2014 | - | - | 5157 | |
Jul 15, 2013 | - | - | 1996 |
Team profile of Fatfish Group
Fatfish Group has a team of 9 members including 5 Partners, 2 Venture Partners and 1 Principal located in Singapore, Australia and 1 more location. Fatfish Group's team does not sit on the board of any company as of now.Here is a list of all team members in Fatfish Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Melbourne | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Partner | - | - | - | |
Venture Partner | Singapore | - | - | |
Venture Partner | Singapore | - | - | |
Principal | Kuala Lumpur | - | - |
Co-investors of Fatfish Group
Over the past 13 years, 15 investors have co-invested in Fatfish Group's portfolio companies. This includes funds and angels.
- Invested before Fatfish Group: 500 Global has invested before Fatfish Group.
- Top Co-investors of Fatfish Group: 10 investors entered a company along with Fatfish Group. These include investors like Sedania Innovator (1 company).
- Invested after Fatfish Group: A total of 4 investors have invested in Fatfish Group's portfolio after their investments. Top Investors include Praxis (1 company), National Research Foundation (1 company) and TechCube8 (1 company).
Recent News related to Fatfish Group
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Fatfish raising cash to accelerate blockchain and gaming asset developmentThe Market Online•Nov 22, 2024•Fatfish Group
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Fatfish Group Strategically Acquires Majority in AI Gaming FirmTipRanks•May 20, 2024•, Fatfish Group
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Fatfish subsidiary gets coveted full digital lending license in MalaysiaStockhead•Feb 09, 2024•Fatfish Group
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Fatfish launches AI technology incubator, Fatfish Applied AI Lab, with up to A$8 million initial investmentBusinessnewsthisweek•Jan 11, 2024•Fatfish Group
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Flying Sheep Studios gets $1.2M in German government funding for metaverse gameVentureBeat•Mar 20, 2023•Flying Sheep, Deutschland, iCandy, Bundesministerium fur Wirtschaft und Klimaschutz and 7 others
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Fatfish Group to offer Asean fintech investment opportunityDigital News Asia•Apr 05, 2022•Fatfish Group, ASEAN, Censuria
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Australia’s Fatfish Group to Roll Out its “PaySlowSlow” BNPL Services In MalaysiaFF News | Fintech Finance•Jul 13, 2021•Fatfish Group
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Fatfish to buy majority stake in Pay Direct TechnologyElectronic Payments International•Apr 26, 2021•Fatfish Group, QlicknPay