About Rajah Blue
Rajah Blue is a venture capital firm founded in 2013. It is primarily based out of Singapore, Singapore. As of Mar 2019, Rajah Blue has invested in 25 companies. It primarily invests in Series A round in Singapore based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and Consumer. Most recently it participated in the $***** Series A round of Adgile Overall, Rajah Blue portfolio has seen 1 IPO and 1 acquisition, namely Catalyst Metals and Aquient. Rajah Blue has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series A
Portfolio IPOs
Portfolio Acquisitions
Rajah Blue's List of Top Investments
Rajah Blue has a portfolio of 25 companies. Their most notable investmentis in AdgileTheir portfolio spans across Singapore, Australia, United Kingdom and 3 more locations. They have invested in Enterprise Applications, Life Sciences, Consumer and 13 other sectors, across stages such as Series A stage. Here is the list of top investments by Rajah Blue:Key facts about Catalyst Metals
- Founded Year: 2006
- Location: Perth (Australia)
- Stage: Public
- Employee Count: 217 as on Jul 31, 2026
- Investors: Metal Tiger and Rajah Blue
- Latest Funding Round: Post IPO, May 26, 2025, $*****
- Highlight: Public
2. Waave
Provider of compliant payment processing for high-risk wellness products. This company offers merchant and buyer solutions, ensuring adherence to regulations for industries such as Kratom, CBD, hemp, nutraceuticals, and vapes. Services include streamlined payment processing, automated compliance updates, and enhanced security features like PCI DSS compliance. The platform facilitates secure transactions for both merchants and consumers, addressing the unique challenges of high-risk businesses within the wellness sector. It aims to provide a stable and reliable payment infrastructure, minimizing legal risks and maximizing operational efficiency for its clients.
Key facts about Waave
- Founded Year: 2010
- Location: Singapore (Singapore)
- Annual Revenue: SGD 0 - 1M as on Dec 31, 2018
- Stage: Funding Raised
- Employee Count: 5 as on Jul 31, 2026
- Investors: Rajah Blue and 8 Others
3. Volt
Key facts about Volt
4. Escapex
Premier online slot provider offering mobile-friendly games with big win potential. This is a leading provider of online slot games, offering a wide collection with mobile-friendly interfaces. Players can enjoy the chance to win real money prizes. The platform provides round-the-clock withdrawal services with various methods. It offers a variety of games with 3D graphics, engaging symbols, animations, and music. Popular games include Mahjong Ways, Double Fortune, Ganesha Gold, Treasures of Aztec, and Crypto Gold. The platform ensures secure registration and prioritizes data protection. It offers easy login access through partner sites and supports transactions in local currency. The company focuses on delivering a top-tier gaming experience with high RTP slots, wild and scatter combinations, and transparent transactions, supported by customer service.
Key facts about Escapex
- Founded Year: 2008
- Location: Los Angeles (United States)
- Stage: Series A
- Employee Count: 8 as on Jul 31, 2026
- Investors: Monk's Hill Ventures, Anthill Ventures and 3 Others
- Latest Funding Round: Series A, Aug 24, 2018, $*****
- Highlight: Editors' Pick

5. Adgile
Cloud-based ad analytics platform. It brings intelligent real-time visibility and control across linear and on-demand TV. Products offered by the platform include analytics, attribution, and activation. Features of the platform include advert tracking and intelligence, real-time TV impression-level exposure, and consumer behavior measurement, real-time message based on TV moments in Sport and Live TV, etc.
Key facts about Adgile
- Founded Year: 2015
- Location: Singapore (Singapore)
- Stage: Series A
- Total Funding till date: $3.2M
- Employee Count: 32 as on Jul 31, 2026
- Investors: Rajah Blue, Rbmediaholdings and 5 Others
- Latest Funding Round: Series A, Mar 26, 2019, $*****
Rajah Blue's Year-on-Year Investment Trends
Its most recent first time investment was in Adgile.Rajah Blue's Investments by Stage
Rajah Blue has made 1 investment in Series A stage with an average round size of $3.2M.Rajah Blue's Investments by Sector
Rajah Blue has a portfolio focused on Enterprise Applications. Notably, it has invested in 9 Tech companies, 8 Enterprise (B2B) companies, 6 Software companies and at least 4 companies focusing on Consumer (B2C).Rajah Blue's Investments by Geography
Rajah Blue has made most investments in Singapore (1).Rajah Blue's recent investments
Rajah Blue has not made any investment in 2026 so far.Here are the most recent investments by Rajah Blue:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 26, 2019 | Singapore | Series A | 8932 | - |
IPOs and Publicly Listed companies in Rajah Blue's Portfolio
1 of Rajah Blue's portfolio company became public - Catalyst Metals. It got listed on the Australian Securities Exchange (ASX), in Jul 2006 at marketcap of undefinedHere are Rajah Blue's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 26, 2006 | - | - | 6015 |
Acquired companies in Rajah Blue's Portfolio
1 company from Rajah Blue's portfolio has been acquired. The most recent acquisition was Aquient in Jun 2023 by K2 Partnering for $*****.Here are Rajah Blue's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 23, 2023 | - | - | 3772 |
Team profile of Rajah Blue
Rajah Blue has a team of 3 members including 3 Partners located in Singapore. Rajah Blue's team sits on the board of 4 companies.Here is a list of all team members in Rajah Blue:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | Adgile, GOPASS Global and 3 more | ||
Partner | Singapore | - | ||
Partner | Singapore | - |
