About SBI
SBI is a venture capital firm founded in 2010. It is primarily based out of Muara, Brunei. It primarily invests in Indonesia based startups. Its investments are spread across a wide range of sectors from High Tech to Life Sciences and Transportation and Logistics. Overall, SBI portfolio has seen 1 IPO and 2 acquisitions, namely Sengenics, Stone Apple Solutions and Alliance Mineral Assets. SBI has team of 9 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio IPOs
Portfolio Acquisitions
SBI's List of Top Investments
SBI has a portfolio of 6 companies. Their most notable investments include MDT Innovations and Pandu Siwi Sentosa.Their portfolio spans across Indonesia, Malaysia and Singapore. They have invested in High Tech, Life Sciences, Transportation and Logistics. Here is the list of top investments by SBI:Multimedia Display Technology provides NFC-based products for IoT applications. Its products include NFC tags and readers in various form factors like on SIM Cards and payment and ecosystems. It also provides wireless sensor network systems for passenger tracking and asset management and item-level tagging for supply chain applications. It provides design, development, prototyping, procurement, production, sub-contracting, sales, and marketing of RFID and information technology products, critical parts, as well as advanced display devices.
Key facts about MDT Innovations
- Founded Year: 2004
- Location: Petaling Jaya (Malaysia)
- Stage: Late Stage
- Total Funding till date: $24M
- Employee Count: 36 as on Sep 30, 2026
- Investors: SBI Ventures Malaysia, SBI and 3 Others
- Latest Funding Round: PE, Apr 12, 2019, $*****
- Highlight: Editors' Pick
Key facts about Pandu Siwi Sentosa
- Founded Year: 1992
- Location: Jakarta (Indonesia)
- Stage: Funding Raised
- Employee Count: 601 as on Sep 30, 2026
- Investors: SBI Ventures Malaysia and SBI
3. Sengenics
Sengenics is a genomics and proteomics based diagnostics and research company. Sengenics' flagship product is their patented Immunome autoantibody profiling protein array for use in immunology or cancer research. The Immunome platform was jointly developed by Cambridge and Oxford Universities and is the only protein array platform where all proteins are correctly folded. Apart from their proteomics product, the company offers genomics-based diagnostics services from its CLIA and CAP certified labs using NGS and microarray technologies. The company offers postnatal diagnostics, cardiac and cancer risk tests, and developmental delay diagnostics, along with Sequenom's NIPT - MaterniT21 and VisibiliT tests. The NIPT tests are carried out at Sequenom's CLIA and CAP accredited laboratory. Along with their clinical tests, the company also offers research services to clients in biomarker discovery, NGS, and Bioinformatics.
Key facts about Sengenics
- Founded Year: 2008
- Location: Singapore (Singapore)
- Stage: Acquired
- Employee Count: 50 - 199 as on Mar 01, 2026
- Investors: The Michael J. Fox Foundation, SBI Ventures Malaysia and 1 Other
- Latest Funding Round: Grant (prize money), Dec 15, 2020, $*****
- Highlight: Acquired
Key facts about Stone Apple Solutions
- Founded Year: 2009
- Location: Santa Clara (United States)
- Stage: Acquired
- Employee Count: 75 as on Sep 30, 2026
- Investors: OSK Ventures International Berhad, FirstFloor Capital and 1 Other
- Highlight: Acquired
5. Sim Leisure
Key facts about Sim Leisure
- Founded Year: 1993
- Location: Dubai (United Arab Emirates)
- Stage: Late Stage
- Employee Count: 55 as on Sep 30, 2026
- Investors: SBI
- Latest Funding Round: Post IPO, Mar 24, 2020, $*****
IPOs and Publicly Listed companies in SBI's Portfolio
1 of SBI's portfolio company became public - Alliance Mineral Assets. It got listed on the Australian Securities Exchange (ASX), in Jul 2014.Here are SBI's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 28, 2014 | - | - | 9498 |
Acquired companies in SBI's Portfolio
2 companies from SBI's portfolio have been acquired. The most recent acquisition was Sengenics in Oct 2020 by Summa Equity for $*****.Here are SBI's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 14, 2020 | - | - | 4211 | |
Oct 01, 2014 | - | - | 1451 |
Team profile of SBI
SBI has a team of 9 members including 6 Partners and 3 Principals located in Malaysia, Brunei and 1 more location. SBI's team does not sit on the board of any company as of now.Here is a list of all team members in SBI:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | Kuala Lumpur | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | Kuala Lumpur | - | ||
Principal | Brunei | - | ||
Principal | Brunei | - | ||
Principal | Jakarta | - |
Recent News related to SBI
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Wise AI raises at least $10M to address KYC gap in Southeast AsiaBiometricUpdate.com•Jul 18, 2024•WISE AI, MTDC, SBI, Sunway Group and 1 other



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