Singapore Seed Fund

You have built your MVP, developed good beta traction and are starting to scale into the region. But it is tough without connections and proper guidance into the complex South-East Asia (SEA) markets.

Asia is all about connections, and unless you are backed by the right partner, you will not go far even with a good business model.

That is where TRi5 Ventures come in. The Singapore Seed Fund applies to all Singapore-based early stage startups who aim to expand into the region.

Frequently Asked Questions (FAQs)

We invest up to S$300k into Singapore-based incorporated startups who meet the following:

  • Verticals: Fintech, Edu-tech, Media-tech, Energy-tech, Marketplaces
  • Possess defensible deep technology IP
  • Clear strategy to expand into SEA
  • A founding team, including a solid tech co-founder
  • A market sizing of US$1b in the SEA market
  • Achieved a scalable MVP and beta traction

*We don’t invest in startups that are expanding into SEA. The original HQ must be from Singapore. 

We lead invest if we understand the vertical well and are confident of leading the round. Strategic co-investors are much preferred to join in the round.

We are open to co-investing only if we are comfortable with the lead investor.

Working with us is going to be a long-term relationship. We need to learn to trust you with our connections and knowledge.

We like…

  • Driven, think out-of-the-box CEOs who recognise the value we bring
  • Transparency and openness to accept new ideas from us
  • Building up a relationship with us by keeping us posted and updated after our first meeting

We REALLY cannot stand…

  • Paying high salaries to the founding team is a major red flag. If you are serious on growing the company, focus on the capital gains.
  • Providing standard boring and uncreative go-to-market methods to increase traction will drive us away
  • Not being honest in your dealings with us

Bonus: We like those who care for Singapore and its people and show an affinity to build Singapore economically.

Our top concern is whether we can trust the founder. We usually take some time to get to know the founder before deciding to even consider investment. If you are rushing and expecting to have an answer within a few days, we are unable to accommodate.

Our DD standards are similar to that of Series A VCs and can be quite intense. We set the same standards in order for us to increase the success rate of Series A follow-on.

We do not sign NDAs. We receive so many plans each week that if we were to sign every NDA request, we would quickly be swamped with legal documents.

Our reputation depends on our professionalism and our ability to maintain the trust of the entrepreneurs with whom we work. We will take care to keep your materials confidential. If you are not agreeable, please do not proceed with the advisory.

Submit your application to us and drop us a note after we sent you the auto-reply. It helps us to get a better understand of who you are and your company.

What can you get?

Investments and funding

Up to S$300k in seed investment

Invaluable intangibles

Learn from our experience

Understanding how to localise your model to suit each market is essential to ensure a good growth. Our Venture partners are experienced old hands with over 18 years of experience in the SEA region. We have understood the complexities of the various SEA markets.

 

Obtain connections 

Our Managing Partner has written over 84 articles on startup ecosystems and has built many new connections. On top of that, the team’s business connections that have been nurtured over the years will be part of the value that you will get to access.

 

Preparing for Series A

With advising over 700 startups in the last 6 years, along with aiding 38 startups to obtain S$7.5m in follow-on funding, our experience will help prepare your company for Series A investment.

Do you know someone who might need this advisory clinic?