About Trihill Capital
Trihill Capital is a venture capital firm founded in 2018. It is primarily based out of Singapore, Singapore. As of Sep 2025, Trihill Capital is an active investor, having invested in 28 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Indonesia based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to FinTech and Consumer. Most recently it participated in the $***** Seed round of Pilotglobal Overall, Trihill Capital portfolio has seen 1 IPO and 2 acquisitions, namely Quanergy Com, Opaper and Luwjistik. A lot of funds co-invest with Trihill Capital, with names like East Ventures sharing a substantial percentage of its portfolio. Trihill Capital has team of 7 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Deals in last 12 months
Trihill Capital's List of Top Investments
Trihill Capital has a portfolio of 28 companies. Their most notable investments are in Finku and Fithub.Their portfolio spans across Indonesia, Singapore, United States and 2 more locations. They have invested in Food and Agriculture Tech, FinTech, Consumer and 17 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Trihill Capital:
1. Quanergy Com
Provider of AI-driven LiDAR sensing solutions. It offers hardware and software solutions for LiDAR sensing. It also provides various products including mechanical lidar sensors, solid-state lidar sensors, and perception software. Its features include real-time analysis for people counting, object detection, classification, and tracking. It has applications in mapping, smart cities, industrial automation, and social distancing.
Key facts about Quanergy Com
- Founded Year: 2012
- Location: Sunnyvale (United States)
- Stage: Public
- Total Funding till date: $160M
- Employee Count: 64 as on Jun 30, 2026
- Investors: Avitas Capital, Toba Capital and 30 Others
- Latest Funding Round: Series C, Apr 01, 2020, $*****
- Highlight: Public
2. Pathao
Operator of an application providing ride-hailing, food delivery, and logistics services. The platform offers users a way to book transportation, order meals from various restaurants, and arrange for package delivery. It also provides options for users to earn income through driving, delivering food, or providing courier services.
Key facts about Pathao
- Founded Year: 2015
- Location: Dhaka (Bangladesh)
- Stage: Series A
- Total Funding till date: $50M
- Employee Count: 2,662 as on Jun 30, 2026
- Investors: Provident Growth, Agaeti Venture Capital and 14 Others
- Latest Funding Round: Series A, Sep 14, 2024, $*****
- Highlight: Editors' Pick
3. SiCepat
Provider of standard and custom delivery and logistics solutions. The company offers options for various delivery needs, from standard to express services. They provide tools for managing shipments, including tracking and reporting. The business facilitates payment options and support services for its users.
Key facts about SiCepat
4. Ruangguru
Online platform offering self-learning solutions. It offers products such as Ruang Belajar-which provides educational videos and exercises, Ruanglesonline- which provides online consultation with tutors, Ruangles-for private learning with the tutors, and more. It has a subscription-based pricing model. Available on both Android and iOS devices.
Key facts about Ruangguru
- Founded Year: 2014
- Location: Jakarta (Indonesia)
- Stage: Series C
- Total Funding till date: $205M
- Employee Count: 4,365 as on Jun 30, 2026
- Investors: EDBI, Innoven Capital and 9 Others
- Latest Funding Round: Series C, Apr 19, 2021, $*****
- Highlight: Editors' Pick
5. SoBanHang
Provider of storefront solutions for online businesses. The company offers software solutions for small businesses to start online business development. The features offered are debt management, expenditure management, sales analysis, record receipts, promotions creation, and more. The mobile application is offered for iOS and Android users.
Key facts about SoBanHang
- Founded Year: 2021
- Location: Ho Chi Minh City (Vietnam)
- Stage: Seed
- Total Funding till date: $4M
- Employee Count: 90 as on Jun 30, 2026
- Investors: FEBE Ventures, AlleyCorp and 4 Others
- Latest Funding Round: Seed, Mar 02, 2022, $*****
- Highlight: Editors' Pick
Trihill Capital's Year-on-Year Investment Trends
Trihill Capital has invested in 28 companies over the last 5 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in Pilotglobal 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 | 0 | 2 |
2024 | 0 | 0 | 0 |
2023 | 2 | 4 | 6 |
2022 | 10 | 1 | 11 |
2021 | 5 | 0 | 5 |
Trihill Capital's Investments by Stage
Trihill Capital has made 14 investments in Seed stage with an average round size of $3.63M, 3 investments in Series A stage with an average round size of $11.2M, 1 investment in Series B stage with an average round size of $170M and 1 investment in Series C stage with an average round size of $30M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 3 |
Series B | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Trihill Capital's Investments by Sector
Trihill Capital has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Consumer, Food and Agriculture Tech and Retail. Notably, it has invested in 18 Tech companies, 13 Enterprise (B2B) companies, 12 Software companies and at least 10 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
FinTech | 7 |
Enterprise Applications | 5 |
Consumer | 4 |
Food and Agriculture Tech | 4 |
Retail | 4 |
Others | 14 |
Note: We have considered here, only first round of investments
Trihill Capital's Investments by Geography
Trihill Capital has made most investments in Indonesia (14), followed by Singapore where it has made 2 investments.Country | No. of Investments |
|---|---|
Indonesia | 14 |
Singapore | 2 |
Vietnam | 2 |
Note: We have considered here, only first round of investments
Trihill Capital's recent investments
Trihill Capital has not made any investment in 2026 so far.Here are the most recent investments by Trihill Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 01, 2025 | - | Seed | 8583 | - | |
Apr 22, 2025 | Indonesia | Series A | 5502 | ||
Jul 10, 2023 | Indonesia | Seed | 3770 | [+8] | |
Jul 07, 2023 | Singapore | Seed | 1219 | [+3] | |
May 08, 2023 | Indonesia | Seed | 4102 |
IPOs and Publicly Listed companies in Trihill Capital's Portfolio
1 of Trihill Capital's portfolio company became public - Quanergy Com. It got listed on the New York Stock Exchange (NYSE), in Apr 2020 at marketcap of undefinedHere are Trihill Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 24, 2020 | - | - | 9073 |
Acquired companies in Trihill Capital's Portfolio
2 companies from Trihill Capital's portfolio have been acquired. The most recent acquisition was Opaper in Jan 2026 by eDOT for $*****.Here are Trihill Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 16, 2026 | - | - | 9937 | |
Oct 11, 2022 | - | - | 9376 |
Team profile of Trihill Capital
Trihill Capital has a team of 7 members located in Singapore. Trihill Capital's team does not sit on the board of any company as of now.Co-investors of Trihill Capital
Over the past 5 years, 133 investors have co-invested in Trihill Capital's portfolio companies. This includes funds and angels.
- Invested before Trihill Capital: Global Founders Capital, 1982 Ventures and 38 others have invested in rounds before Trihill Capital. There are 3 companies where Global Founders Capital has invested before Trihill Capital and 3 companies where 1982 Ventures has invested before Trihill Capital.
- Top Co-investors of Trihill Capital: 62 investors entered a company along with Trihill Capital. These include investors like East Ventures (3 companies).
- Invested after Trihill Capital: A total of 31 investors have invested in Trihill Capital's portfolio after their investments. Top Investors include Capria (2 companies), SBI Ven Capital (2 companies) and Kyobo Securities (2 companies).
Recent News related to Trihill Capital
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wagely secures USD 23 millionThe Paypers•Mar 05, 2024•Wagely, Capria, Eden Farm, East Ventures and 6 others
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Kopital Ventures just closed a $12M fund for early-stage companiesBackScoop•Oct 27, 2023•Kopital Ventures, Farquhar Venture Capital, Saison Capital, Trihill Capital and 3 others
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Indonesia agri-fintech startup PasarMIKRO nets investment from DEG, Ceniarthe27•Aug 15, 2023•PasarMIKRO, DEG, Ceniarth, Trihill Capital and 5 others
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Indonesian startup Fit Hub scores $6.5m fresh funding to expand fitness solutionsAsiaTechDaily•Jul 16, 2023•Fithub, Global Founders Capital, Trihill Capital, Goodwater Capital and 4 others
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Indonesia’s UENA secures additional funding for expansionAsiaTechDaily•Jul 16, 2023•Uena, East Ventures, Trihill Capital
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Eratani nets $2m to boost Indonesia’s agri supply chainTech in Asia•Jul 10, 2023•Eratani, SBI Ven Capital, Genting Ventures, Orvel Ventures and 5 others
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Zenith Learning Group Secures $1.4m To Move Into EdtechTech in Asia•Jul 07, 2023•Zenith Learning Group, Trihill Capital, East Ventures, Orvel Ventures and 3 others
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Fit Hub Secures US$6.5M to Expand Tech-enabled Fitness Solutions in IndonesiaPR Newswire•Apr 10, 2023•Fithub, Global Founders Capital, Trihill Capital, Goodwater Capital and 4 others
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