About SEEDS Capital
SEEDS Capital is a venture capital firm founded in 2001. It is primarily based out of Singapore, Singapore. As of Mar 2026, SEEDS Capital is an active investor, having invested in 135 companies, with 9 new investments in the last 12 months. 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 High Tech and HealthTech. Most recently it participated in the $***** Seed round of Datakrew Overall, SEEDS Capital portfolio has seen 3 IPOs and 8 acquisitions including key companies like Zenyum, ION Mobility and Tookitaki. A lot of funds co-invest with SEEDS Capital, with names like Wavemaker Partners sharing a substantial percentage of its portfolio. SEEDS Capital has team of 20 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 2 more
Portfolio IPOs
Portfolio Soonicorns
SEEDS Capital's List of Top Investments
SEEDS Capital has a portfolio of 135 companies. Their most notable investments are in GlobalTix and Attonics Systems.Their portfolio spans across Singapore, United States, Canada and 4 more locations. They have invested in Enterprise Applications, High Tech, HealthTech and 32 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by SEEDS Capital:
1. ZUZU
Platform offering independent hotel management software and solutions. It features solutions for revenue management, booking management, channel management, property management, reputation management, analysis, and more. The platform combines real-time reporting with market intelligence solutions.
Key facts about ZUZU
- Founded Year: 2016
- Location: Singapore (Singapore)
- Annual Revenue: 12.2M SGD as on Dec 31, 2024
- Stage: Series B
- Total Funding till date: $21.6M
- Investors: Atinum Investment, SBVA and 24 Others
- Latest Funding Round: Series B, Aug 28, 2025, $*****
- Highlight: Editors' Pick
Developer of antibody drugs for cancer treatment. It is involved in developing antibodies by using systems immunology and computational structural biology technology. The company is using platform technology for the design and development of therapeutic antibodies. The pipelined products are HMBD-001 is a monoclonal antibody, HMBD-002 is an anti-vista monoclonal antibody for cancer-treating.
Key facts about Hummingbird Bioscience
- Founded Year: 2015
- Location: Singapore (Singapore)
- Stage: Series C
- Total Funding till date: $150M
- Employee Count: 79 as on Mar 31, 2026
- Investors: Amgen Business Development, GNTech Venture Capital and 23 Others
- Latest Funding Round: Series C, May 17, 2021, $*****
- Highlight: Editors' Pick
3. igloohome
Developer of keyless smart locks for both consumer and commercial applications. Its first offering is called Smart Keybox that can be unlocked with a PIN with Bluetooth. It also allows setting the starting day, time, and duration for which the code or key will work and unlocking the shackle with supplied physical keys.
Key facts about igloohome
- Founded Year: 2015
- Location: Singapore (Singapore)
- Annual Revenue: 14.7M SGD as on Dec 31, 2023
- Stage: Series B
- Total Funding till date: $32M
- Employee Count: 87 as on Jul 01, 2024
- Investors: PT Prasetia Dwidharma, Mesh Ventures and 46 Others
- Latest Funding Round: Series B, May 2024, $*****
- Highlight: Editors' Pick
4. Impress
Company provides AI-based candidate interviewing chatbot. The bot can be used by recruiters to collect the required information instead of using a long-form or programmed to obtain the best qualities of a candidate through exploratory questions. It also allows users to screen & source candidate. Platform integrates with existing Applicant Tracking Systems (ATS), assessments, analytics tools, and more The bot is built on the Telegram platform.
Key facts about Impress
- Founded Year: 2016
- Location: Singapore (Singapore)
- Annual Revenue: 2.58M SGD as on May 31, 2024
- Stage: Series A
- Total Funding till date: $4.2M
- Employee Count: 99 as on Jul 01, 2024
- Investors: SEEDS Capital, Javelin Venture Partners and 8 Others
- Latest Funding Round: Series A, Jul 07, 2023, $*****
- Highlight: Editors' Pick
Developer of platform technology for combinatorial genetics discovery. The company's platform technology for the discovery of novel gene and drug combinations for therapeutic and industrial biotechnology applications. The company's technology allows for ultra-high-throughput screens and the discovery of combinatorial genes and drugs with effects on targeted phenotypes.
Key facts about Engine Biosciences
SEEDS Capital's Year-on-Year Investment Trends
SEEDS Capital has invested in 135 companies over the last 9 years, with an average of 11 new investments annually in the last 5 years. In 2025, it made 12 investments, while as of Mar 2026, it has made 3 investments in this year. Its most recent first time investment was in Datakrew and most recent follow-on round was in Respiree.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 1 | 3 |
2025 | 8 | 4 | 12 |
2024 | 12 | 2 | 14 |
2023 | 9 | 7 | 16 |
2022 | 15 | 3 | 18 |
2021 | 14 | 3 | 17 |
2020 | 9 | 3 | 12 |
2019 | 10 | 1 | 11 |
2018 | 2 | 0 | 2 |
2017 | 1 | 0 | 1 |
SEEDS Capital's Investments by Stage
SEEDS Capital has made 40 investments in Series A stage with an average round size of $13.9M, 36 investments in Seed stage with an average round size of $2.84M, 5 investments in Series B stage with an average round size of $15.9M and 1 investment in Conventional Debt stage.Stage of entry | No. of Investments |
|---|---|
Series A | 40 |
Seed | 36 |
Series B | 5 |
Conventional Debt | 1 |
Note: We have considered here, only first round of investments
SEEDS Capital's Investments by Sector
SEEDS Capital has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Life Sciences, HealthTech and Sustainability Tech. Notably, it has invested in 121 Tech companies, 117 Enterprise (B2B) companies, 73 Software companies and at least 40 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 35 |
High Tech | 30 |
Life Sciences | 19 |
HealthTech | 16 |
Sustainability Tech | 14 |
Others | 126 |
Note: We have considered here, only first round of investments
SEEDS Capital's Investments by Geography
SEEDS Capital has made most investments in Singapore (72), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
Singapore | 72 |
United States | 4 |
Canada | 2 |
Malaysia | 2 |
China | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
SEEDS Capital's recent investments
SEEDS Capital has made 3 investments in 2026 so far. Datakrew and Respiree are the latest among them.Here are the most recent investments by SEEDS Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 18, 2026 | Singapore | Seed | 4215 | ||
Feb 24, 2026 | Singapore | Series A | 8826 | [+4] | |
Feb 09, 2026 | Singapore | Seed | 1931 | [+2] | |
Dec 19, 2025 | Singapore | Series A | 6413 | [+3] | |
Nov 17, 2025 | Singapore | Seed | 8997 | - |
IPOs and Publicly Listed companies in SEEDS Capital's Portfolio
3 of SEEDS Capital's portfolio companies have become public. Singapore Institute of Advanced Medicine Holdings got listed on the Singapore stock exchange. ( SGX), in Feb 2024 at marketcap of $19.4M and 3D Metalforge got listed on the Australian Securities Exchange (ASX) at marketcap of $29.6M.Here are SEEDS Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 16, 2024 | - | - | 3720 | |
Feb 03, 2021 | Jun 05, 2020 | Seed | 5860 | |
Dec 19, 2018 | - | - | 5993 |
Acquired companies in SEEDS Capital's Portfolio
8 companies from SEEDS Capital's portfolio have been acquired. The most recent acquisition were Zenyum in Feb 2026 by MakeO.Here are SEEDS Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 11, 2026 | Nov 28, 2019 | Series A | 9961 | |
Sep 11, 2025 | - | - | 8209 | |
Jan 16, 2025 | 2020 | Seed | 1153 | |
Oct 22, 2024 | - | - | 6757 | |
Jan 10, 2023 | - | - | 6258 |
Team profile of SEEDS Capital
SEEDS Capital has a team of 20 members including 6 Partners and 3 Principals located in Singapore. SEEDS Capital's team sits on the board of 1 company.Here is a list of top team members in SEEDS Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Singapore | - | - | |
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | - | |
Partner | Singapore | - | - | |
Principal | Singapore | |||
Principal | Singapore | - | - | |
Principal | Singapore | - | - |
Co-investors of SEEDS Capital
Over the past 9 years, 440 investors have co-invested in SEEDS Capital's portfolio companies. This includes funds and angels.
- Invested before SEEDS Capital: Entrepreneur First, Wavemaker Partners and 113 others have invested in rounds before SEEDS Capital. There are 7 companies where Entrepreneur First has invested before SEEDS Capital and 6 companies where Wavemaker Partners has invested before SEEDS Capital.
- Top Co-investors of SEEDS Capital: 201 investors entered a company along with SEEDS Capital. These include investors like Wavemaker Partners (8 companies).
- Invested after SEEDS Capital: A total of 124 investors have invested in SEEDS Capital's portfolio after their investments. Top Investors include EDBI (4 companies), Enterprise Singapore (3 companies) and M7holdings (2 companies).
Recent News related to SEEDS Capital
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Singapore's Groundup.ai Secures $10M+ Cognitive Maintenance ...BEAMSTART•Mar 31, 2026•Wavemaker Partners, SEEDS Capital, com.sg, Ground Up and 2 others
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SG deeptech startup Datakrew nets $2.6m pre-series ATech in Asia•Mar 18, 2026•SEEDS Capital, Angel List, Greenwillow Capital Management, Datakrew and 3 others
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SG maritime electrification startup Pyxis closes first $10m fundingTech in Asia•Dec 17, 2025•, Shift4Good, Motion Ventures, SEEDS Capital and 6 others
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Singapore tech firms bag majority of S-E Asia funding for 9M 2025, at US$2.3 billionThe Business Times•Oct 03, 2025•Sygnum, SEEDS Capital, Integra Partners, East Ventures and 2 others
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Werfen invests in US start-up Respiree in €10 million funding roundExpansion•Aug 25, 2025•Adaptive Capital Partners, SEEDS Capital, We Venture Capital, Mayo Clinic and 5 others
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ClavystBio backs $11.6m round for SG healthtech firm RespireeTech in Asia•Jul 24, 2025•Adaptive Capital Partners, SEEDS Capital, We Venture Capital, Clavystbio and 3 others
