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About VDL Ventures

VDL Ventures is a venture capital firm founded in 2022. It is primarily based out of Singapore, Singapore. It primarily invests in Singapore based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and EdTech. VDL Ventures has team of 3 people including 2 partners.
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Portfolio Locations

VDL Ventures' List of Top Investments

VDL Ventures has a portfolio of 8 companies. Their most notable investments include Magnax and iPiD.Their portfolio spans across Singapore, Indonesia, Belgium and 1 more locations. They have invested in Enterprise Applications, FinTech, EdTech and 8 other sectors. Here is the list of top investments by VDL Ventures:
Platform offering axial flux motors for electric vehicles. It develops various models of motors like AXF250-X, and AXF250-S involving axial flux technology. It offers features like lightweight, peak power densities of 15 kW/kg, an oil cooling system, etc. The product offered has more power density and more vehicle range.

Key facts about Magnax

  • Founded Year: 2015
  • Location: Kortrijk (Belgium)
  • Stage: Series B
  • Total Funding till date: $39.5M
  • Employee Count: 11 as on Dec 31, 2023
  • Investors: SFPI, Plug and Play APAC and 6 Others
  • Latest Funding Round: Series B, Aug 25, 2022, $*****
  • Highlight: Editors' Pick

2. iPiD

Developer of API-based payment acceptance solution for businesses. It acts as a data orchestrator and enables global payments based on a phone number, email address, Facebook ID, QR code, and other aliases. This means banks and payment fintech businesses will be able to offer their customers a more intuitive and secure experience at the same time as improving operational efficiency and reducing costs.

Key facts about iPiD

  • Founded Year: 2021
  • Location: Singapore (Singapore)
  • Stage: Seed
  • Total Funding till date: $8.6M
  • Employee Count: 10 as on Jul 01, 2024
  • Investors: Jungle Ventures, Quona and 11 Others
  • Latest Funding Round: Seed, Jun 05, 2024, $*****
  • Highlight: Editors' Pick
Provider of app-based diversified tech-based services for farmers. It uses its application to provide an agriculture input marketplace for farmers that offer seeds, fertilizers, pesticides, and tools. It also enables farmers to get farming advisory and soil test services. Its mobile application is available for the Android platform.

Key facts about Semaai

  • Founded Year: 2021
  • Location: Jakarta (Indonesia)
  • Stage: Seed
  • Total Funding till date: $7.6M
  • Employee Count: 29 as on Jul 01, 2024
  • Investors: Sequoia Capital, Accion and 15 Others
  • Latest Funding Round: Seed, Jan 08, 2024, $*****
  • Highlight: Editors' Pick
Cloud-based HRMS platform for enterprises. It provides automated HR software for recruitment, employee attendance and leaves management, onboarding, payroll administration, applicant tracking system, workforce performance tracking system, internal information management, etc. It offers tools for candidate sourcing and screening candidate. It offers demand pay benefits for employees and a job portal. It is a tool available on the subscription-based pricing model.

Key facts about Staffinc

5. Nine

App-based platform providing dating services for urban professionals. The company offers dating applications based on personality theory and human-centric algorithms. The app is available on the Android & iOS platforms.

Key facts about Nine

  • Founded Year: 2021
  • Location: Singapore (Singapore)
  • Stage: Funding Raised
  • Employee Count: 1 as on Jul 01, 2024
  • Investors: VDL Ventures

Team profile of VDL Ventures

VDL Ventures has a team of 3 members including 2 Partners located in Singapore. VDL Ventures' team does not sit on the board of any company as of now.

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