About TNB Aura
TNB Aura is a venture capital firm founded in 2017. It is primarily based out of Singapore, Singapore. As of Nov 2025, TNB Aura is an active investor, having invested in 34 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Singapore based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to Enterprise Applications and Consumer. Most recently it participated in the $***** Seed round of PowerCred Overall, TNB Aura portfolio has seen 2 acquisitions, namely Zenyum and TradeGecko. A lot of funds co-invest with TNB Aura, with names like SEEDS Capital sharing a substantial percentage of its portfolio. TNB Aura has team of 25 people including 12 partners.Key Metrics
TNB Aura's List of Top Investments
TNB Aura has a portfolio of 34 companies. Their most notable investments are in Tjufoo and Avanseus.Their portfolio spans across Singapore, Vietnam, Indonesia and 2 more locations. They have invested in Food and Agriculture Tech, Enterprise Applications, Consumer and 24 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by TNB Aura:
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: SGD 10M - 50M as on Dec 31, 2024
- Stage: Series B
- Total Funding till date: $21.6M
- Employee Count: 319 as on Aug 31, 2026
- Investors: Innoven Capital, SBVA and 24 Others
- Latest Funding Round: Series B, Aug 28, 2025, $*****
- Highlight: Editors' Pick

2. Zenyum
Direct-to-consumer marketplace combining tele-dentistry with e-commerce. It offers clear aligners for teeth straightening, sonic toothbrushes, whitening products, and more.
Key facts about Zenyum
- Founded Year: 2018
- Location: Singapore (Singapore)
- Annual Revenue: $10M - $50M as on Apr 30, 2023
- Stage: Acquired
- Total Funding till date: $56M
- Employee Count: 151 as on Aug 31, 2026
- Investors: TQ Ventures, L Catterton and 8 Others
- Latest Funding Round: Series B, May 31, 2021, $*****
- Highlight: Acquired

3. PowerCred
Provider of data solutions for identity verification, credit assessment, and fraud prevention. The company offers tools for lenders to automate their lending processes. These tools integrate validated structured data for analysis and decision-making. The company’s platform is designed to optimize the loan lifecycle through data insights. It offers a unified API suite that simplifies lending processes.
Key facts about PowerCred
- Founded Year: 2021
- Location: Singapore (Singapore)
- Stage: Seed
- Total Funding till date: $1.1M
- Employee Count: 31 as on Aug 31, 2026
- Investors: Taurus Ventures, TNB Aura and 9 Others
- Latest Funding Round: Seed, Nov 10, 2025, $*****
4. Ralali
Ralali.com is an online B2B marketplace for multi-category products. Product catalog includes health and medical, machinery and industrial parts, office and store supplies, furniture and decorations, electronics, and more. Offers brands like a-one, faber castell, ABB, and more. The company offers mobile applications for Android and iOS platforms.
Key facts about Ralali
- Founded Year: 2013
- Location: Jakarta (Indonesia)
- Stage: Series D
- Total Funding till date: $35.4M
- Employee Count: 115 as on Sep 30, 2026
- Investors: CyberAgent Capital, SBI Group and 19 Others
- Latest Funding Round: Series D, Sep 19, 2022, $*****
- Highlight: Editors' Pick

5. CoLearn
Mobile-based platform providing online tutoring solutions. The platform enables students to learn mathematic concepts. The platform offers expert tutors and live classes. Its mobile app is available for Android and iOS devices.
Key facts about CoLearn
- Founded Year: 2019
- Location: Jakarta (Indonesia)
- Stage: Series A
- Total Funding till date: $34M
- Employee Count: 166 as on Aug 31, 2026
- Investors: GSV Ventures, Alpha Wave Global and 16 Others
- Latest Funding Round: Series A, Jan 26, 2022, $*****
- Highlight: Editors' Pick
TNB Aura's Year-on-Year Investment Trends
TNB Aura has invested in 34 companies over the last 8 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 4 investments. Its most recent first time investment was in PowerCred and most recent follow-on round was in Eratani.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 2 | 4 |
2024 | 6 | 1 | 7 |
2023 | 4 | 4 | 8 |
2022 | 6 | 2 | 8 |
2021 | 3 | 2 | 5 |
2020 | 2 | 0 | 2 |
2019 | 4 | 0 | 4 |
2018 | 1 | 0 | 1 |
TNB Aura's Investments by Stage
TNB Aura has made 15 investments in Seed stage with an average round size of $5.61M, 8 investments in Series A stage with an average round size of $9.08M, 4 investments in Series B stage with an average round size of $26M and 1 investment in Series C stage with an average round size of $13M.Stage of entry | No. of Investments |
|---|---|
Seed | 15 |
Series A | 8 |
Series B | 4 |
Series C | 1 |
Note: We have considered here, only first round of investments
TNB Aura's Investments by Sector
TNB Aura has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, FinTech, Retail and Food and Agriculture Tech. Notably, it has invested in 29 Tech companies, 20 Enterprise (B2B) companies, 16 Software companies and at least 14 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 8 |
Consumer | 7 |
FinTech | 7 |
Retail | 5 |
Food and Agriculture Tech | 4 |
Others | 34 |
Note: We have considered here, only first round of investments
TNB Aura's Investments by Geography
TNB Aura has made most investments in Singapore (15), followed by Indonesia where it has made 7 investments.Country | No. of Investments |
|---|---|
Singapore | 15 |
Indonesia | 7 |
Vietnam | 5 |
United States | 1 |
Note: We have considered here, only first round of investments
TNB Aura's recent investments
TNB Aura has not made any investment in 2026 so far.Here are the most recent investments by TNB Aura:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 10, 2025 | Singapore | Seed | 4204 | ||
Aug 11, 2025 | Singapore | Series A | 2620 | ||
Apr 17, 2025 | Indonesia | Series A | 7644 | [+4] | |
Feb 27, 2025 | Singapore | Series A | 4942 | ||
Nov 25, 2024 | Singapore | Venture Debt | 7897 | [+3] |
Acquired companies in TNB Aura's Portfolio
2 companies from TNB Aura's portfolio have been acquired. The most recent acquisition was Zenyum in Feb 2026 by Makeo for $*****.Here are TNB Aura'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 | 8198 | |
Aug 04, 2020 | Jul 23, 2018 | Series B | 7015 |
Team profile of TNB Aura
TNB Aura has a team of 25 members including 12 Partners, 3 Venture Partners and 2 Principals located in Singapore, Philippines and 2 more locations. TNB Aura's team sits on the board of 4 companies.Here is a list of top team members in TNB Aura:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | SoundEye, OneMaker Group and 4 more | ||
Partner | Singapore | - | ||
Partner | Singapore | - | - | |
Partner | Singapore | - | ||
Partner | Indonesia | - | - | |
Partner | Philippines | - | - |
Co-investors of TNB Aura
Over the past 8 years, 172 investors have co-invested in TNB Aura's portfolio companies. This includes funds and angels.
- Invested before TNB Aura: Insignia Ventures Partners, Surge and 56 others have invested in rounds before TNB Aura. There are 3 companies where Insignia Ventures Partners has invested before TNB Aura and 2 companies where Surge has invested before TNB Aura.
- Top Co-investors of TNB Aura: 72 investors entered a company along with TNB Aura. These include investors like SEEDS Capital (4 companies).
- Invested after TNB Aura: A total of 42 investors have invested in TNB Aura's portfolio after their investments. Top Investors include FEBE Ventures (2 companies), Genting Ventures (2 companies) and L Catterton (1 company).
Recent News related to TNB Aura
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Latent Health Raises $80M in Series A FundingFinSMEs•Mar 19, 2026•Latent, Conviction, Transformation Capital, McKesson and 10 others
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Nibertex bags US$7M to push boundaries in breathable waterproof materialse27•Aug 11, 2025•Nibertex, TNB Aura, Foxmont Capital Partners
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Eratani Secures $6.2M Series A Funding to Revolutionize Indonesia's Rice IndustryIncubees•Apr 24, 2025•Eratani, Clay Capital, TNB Aura, SBI Ven Capital and 1 other
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Vietnam's Techcoop secures $70M series A with equity and debt fundingTechNode•Feb 27, 2025•Techcoop, TNB Aura, Ascend Vietnam Ventures, BlueOrchard and 4 others
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TECHCOOP secures US$70M in one of Vietnam’s largest agritech funding roundse27•Feb 27, 2025•Techcoop, TNB Aura, Ascend Vietnam Ventures, BlueOrchard and 4 others
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Charge+ raises $10.39m to boost EV charging infrastructure in SEASingapore Business Review•Sep 09, 2024•Charge+, TRIVE, TNB Aura
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PEXX Announces Strategic Acquisition of Chain DebriefFinSMEs•Aug 20, 2024•ChainDebrief, PEXX, TNB Aura, Antler
