July 3, 2026
The Next Frontier of Physical AI Is Underwater

Monk's Hill Ventures is proud to lead BeeX's USD7.7M Series A alongside SEEDS (an arm of SG Growth Capital, the investment platform of the Singapore Economic Development Board and Enterprise Singapore), ShipsFocus, OCTAVE Capital, and NUS Technology Holdings.

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May 28, 2026
Bringing Capital Markets On-Chain with Libeara

Monk’s Hill Ventures is proud to announce our investment in Libeara, the Singapore-based tokenisation platform rebuilding capital markets for the blockchain era.

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December 13, 2025
Saladin Raises Series A Round to Ride the Momentum of Vietnam’s Insurance Transformation

Vietnamese insurtech startup Saladin has raised an undisclosed amount in Series A funding round led by SBI Ven Capital through its joint fund with Kyobo Securities from South Korea and NTUitive from Singapore. This round also saw participation from existing and new investors, such as Monk’s Hill Ventures, Peak XV Partners and ICMG.

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April 25, 2025
Cinch: Unlocking Access to Consumer Electronics in Southeast Asia

Cinch is revolutionizing the consumer electronics landscape in Southeast Asia through its Device-as-a-Service (DaaS) model.

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April 8, 2025
Cinch Raises US$28.8M to Expand Device-as-a-Service Platform Across Asia

Cinch, Asia’s largest Device-as-a-Service (DaaS) platform, announced an up to USD$28.8 million funding round to scale its subscription-based tech ecosystem.

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June 11, 2024
Our Investment in iPiD: Making International Transactions Seamless and Secure

The cross-border payments industry is one of the most dynamic and rapidly growing sectors in global finance, with payment flows reaching about USD 150 trillion in 2022, a 13% increase from 2021.

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June 5, 2024
iPiD Closes Oversubscribed Pre-Series A Round to Strengthen Global Payments with Advanced Verification Solutions

iPiD (International Payment Identity), a pioneer in global fintech, announced it has secured USD 5.3 million in a Pre-Series A funding round today. This oversubscribed round was led by early stage tech-focused venture capital firm, Monk’s Hill Ventures.

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December 7, 2023
Why We Invested in Radiant1?

The hotel industry in the Asia-Pacific (APAC) region plays a pivotal role in the region's tourism and hospitality landscape with technology primarily being utilized in the discovery phase mainly used by Online Travel Agencies (OTA) or in a few in-house full stack technology enabled hotel brands.

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November 3, 2023
Radiant1 Raises Pre-Series A Round Led by MHV to Build Asia’s Leading Revenue Management Platform for Hospitality

Radiant1, an Asia-focused AI-based SaaS solution that assists hotels to maximize revenue, announced the closing of its Pre-Series A round led by Monk’s Hill Ventures.

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October 19, 2023
Our Investment in DELOS: Transforming Indonesia's Aquaculture industry and furthering its integration into the global seafood supply chain

We recently announced the Series A investment in DELOS, an aquaculture technology startup in Indonesia. Monk’s Hill Ventures led the oversubscribed round along with other key co-investor partners from Indonesia.

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September 11, 2023
Glints’ Revenue Hits Record Highs; Up 85% Y-o-Y Driven by Cross-Border Demand as Global Companies Save Costs in Downturn

Glints, the leading Southeast Asia talent community and platform, today announced record-high FY2022 revenue growth of 85% year-on-year (y-o-y), driven by increased employer demand for cross-border talent. Gross profits also soared by 110% y-o-y.

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September 11, 2023
Saladin Raises Pre-Series A Round Led by MHV to Provide One-Stop Insurtech Solution Targeting Millions in Vietnam and Beyond

Saladin, a prominent insurtech platform based in Vietnam, has successfully concluded its Pre-Series A funding round, spearheaded by Monk’s Hill Ventures. This investment round also received additional support and contributions from Saladin's pre-seed investors.

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September 7, 2023
DELOS, an Aquaculture-Technology Company in Indonesia, Raises its Series A Round Led by MHV

DELOS, an aquaculture-tech company in Indonesia, has reached an undisclosed first close in a Series-A round led by Monk’s Hill Ventures, a leading Southeast Asian venture capital firm.

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November 24, 2022
NOVI Health Raises US$5 Million in Series A Round Led by MHV to Tackle Diabetes and Obesity Crisis

NOVI Health, a leading Singapore-based provider of technology-enabled chronic disease and preventive healthcare, announced today the closing of its Series A fundraising, securing US$5 million, led by Monk’s Hill Ventures.

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September 1, 2022
Starboard Raises US$3.5 Million Pre-Series A Funding Led by MHV to Build a Company Operating System, a Platform of Corporate Services for Founders

The company expands its leadership team and sets up operations in Silicon Valley to enable Singapore and SEA-based founders to easily expand into the US.

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August 30, 2022
Glints Raises US$50 Million to Scale Regional Talent Ecosystem for 120 Million Professionals in Southeast Asia

Glints, the most trusted and active end-to-end regional talent ecosystem in Southeast Asia for career development and recruitment, raised US$50 million in a Series D oversubscribed round co-led by DCM Ventures, Lavender Hill Capital, and returning investor PERSOL Holdings.

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July 14, 2022
KKday Secures Series C+ Round to Double Down on Hiring, Expanding Footprint, and Tech Innovation to Accelerate Asia Growth

As travel reopens, KKday has secured additional funding for its Series C round; to date, the total amount raised in this round is $95 million. The Series C+ round is led by TGVest Capital.

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May 11, 2022
Our Investment in Hannah Life: Fertility Care Made Simple

An estimated 180 million couples try to conceive per year, with infertility affecting approximately 50 million couples globally. Yet most of the fertility products on the market today are expensive, invasive, and primarily focused on female-infertility despite the fact that men contribute to 50% of cases overall.

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May 10, 2022
Hannah Life Raised 5.15M Pre Series-A Led by MHV to Provide Access to Trusted, Affordable, and Less Invasive Home-Based Fertility Solutions

Hannah Life Technologies, a leading home-based fertility solutions technology company in Southeast Asia, today announced its oversubscribed Pre-Series A funding of USD 5.15 million.

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April 22, 2022
Our Investment in Ordinary Folk: Transforming Healthcare for Stigmatized Health Conditions Across Asia

Across Asia, millions of people find themselves unable to access proper care for traditionally stigmatized health conditions due to cultural norms, inconvenience and cost.

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April 21, 2022
Ordinary Folk Raised $5M Pre-Series A to Bring Access to Personalized, Quality Telehealth Experience in a $10B Market Across Asia

The digital health experience that engages and connects patient care across its service lines, secures $5M Pre-Series A by MHV.

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April 6, 2022
Our Investment in CrediBook: Digitizing Wholesalers to Retailers Transactions in Indonesia

Indonesia is witnessing a rush of digitization like never before with the GMV generated from the internet economy reaching $70B in 2021, a 49% increase Y-o-Y. Even as digital transformation sweeps across Indonesia, the same has yet to extend to the wholesalers and retailers transactions.

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April 5, 2022
CrediBook raises $8.1 million Series A funding led by MHV to digitize wholesaler bookkeeping and ordering for a $260bn industry

CrediBook is focused on digitizing SMEs, primarily wholesalers, to manage and track their expenses, payables, and receivables and streamline the ordering process.

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March 9, 2022
MHV-Backed Jio Health Secures Series B from Heritas Capital to Deepen Vietnam Footprint and Expand Regionally

We are thrilled to share that our portfolio company Jio Health, a leading provider of human-centered and technology-powered healthcare, has secured a $20 million Series B funding led by Singapore-based healthcare investor Heritas Capital.

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March 9, 2022
Jio Health Announces $20M Series B Investment Led by Heritas Capital to Expand National Footprint Across Vietnam

Jio Health, a leading provider of human-centered, technology-powered healthcare, announced today that it has completed a $20M Series B investment led by Singapore-based healthcare investor, Heritas Capital.

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February 28, 2022
Investing in Upmesh: Enabling the Next Evolution in Southeast Asia eCommerce

Over the past few years of investing in Southeast Asia, we have witnessed a progression of change in consumer behavior. The start was marked by the beginning of eCommerce in the region. It was a brave new world - in the early 2010’s - when consumers began to shop online.

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February 22, 2022
Urbanmetry Raises US$2 million Pre-Series A to Bring Efficiency to Mortgage Industry with AI-driven Data in SEA

Urbanmetry announces it has closed a Pre-Series A round of US$2M led by Monk’s Hill Ventures.

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December 3, 2021
Our Investment in Tigerhall: Empowering the Workforce through Social Learning

Imagine having bite-sized actionable insights from business leaders you aspire to be, accessible from your mobile phone, 24/7. This is what Tigerhall is trying to do, shifting mindsets by democratizing real world insights, and we’re joining them in their mission.

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December 2, 2021
Tigerhall Raises $7M to Turn CEO Insights into Personalized Upskilling for Teams

Tigerhall aims to solve massive upskilling inefficiencies that have zero to low ROI today with its mobile SaaS platform for social learning; focusing on user personalization, micro-podcasts and micro-mentorship.

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November 10, 2021
Hypefast Emerges from Stealth Mode as the Largest House of E-Commerce Native Brands in Southeast Asia

With over 25 brands in its portfolio and achieving full profitability

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October 5, 2021
How Did Ninja Van Build a Culture of Creativity and Innovation

As a Ninja Van co-founder, I would like to share why creativity is essential to boost innovation at work—and how to keep it alive.

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September 27, 2021
Ninja Van Raises USD578M in Series E Funding

Ninja Van, a leading tech-enabled logistics company operating in Southeast Asia, today announced that it has successfully secured USD578 million in a Series E funding round.

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September 22, 2021
How Gig Platforms in Malaysia are Empowering Thousands of SMEs to Recover from the Pandemic

With the pandemic, the survival of SMEs and ultimately the employment of most Malaysians have been put under even more pressure.

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September 9, 2021
Our Investment in Rainforest: Building Asia-Pacific’s Modern House of Brands

Selling products online has never been easier. With the emergence of online marketplaces, aspiring entrepreneurs around the world no longer have to create their own websites, but can instead build their entire business around established platforms.

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September 8, 2021
Rainforest Raises US$20 Million Pre-Series A to Acquire E-Commerce Brands in Asia Led by MHV

Funds will be used to drive Rainforest’s aggressive growth strategy, including expanding its portfolio of e-commerce brands in the home goods, mother & kids, personal care and pet categories by three times and growing its leadership team

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August 18, 2021
Our Investment in Jenfi: Transforming Financing for Digital-First Businesses in Southeast Asia

Not every startup needs venture capital. It may be odd to hear a VC investor say this, but the truth is the conventional ‘debt or equity’ option is not always suited for what a company actually needs, especially if it means sacrificing equity.

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August 17, 2021
Jenfi raises US$6.3M Series A to bring alternative revenue-based financing to digital-native businesses & startups led by MHV

Jenfi is the first-ever alternative revenue-based financing in Southeast Asia, catering to business owners and entrepreneurs by providing up to $500,000 of non-dilutive growth capital.

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July 29, 2021
INKR Raises US$3.1M Pre-Series A to Scale AI-Driven Digital Comics Platform to Address $10bn Global Market Opportunity Led by MHV

INKR is a first-of-its-kind platform with over 800+ manga, manhua, webtoon, to graphic novels to readers for a nominal subscription fee or pay-per-chapter model

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July 29, 2021
Our Investment in INKR: Comics for the World; Any Title, Any Language

Imagine your Spotify subscription with only the Billboard 100 songs - that is essentially the state and universe of the digital comic industry today.

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April 6, 2021
Glints Raises US$22.5 Million to Scale Tech-Enabled Talent Ecosystem to Solve the Regional Talent Crunch

Glints, Southeast Asia’s largest talent platform for career development and recruitment, raised US$22.5 Million in an oversubscribed round led by Tokyo-listed PERSOL Holdings.

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March 24, 2021
Startup Spotlight: ELSA, An Interview with EMPEA

EMPEA interviewed ELSA co-founder and CEO Vu Van about how her experience studying at Stanford inspired her to launch a better way for people to learn the English language, why Google approached her to invest, and why ELSA has its sights set on Latin America as its next market of expansion.

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March 23, 2021
Startup Spotlight: Bot MD, An Interview with EMPEA

EMPEA spoke with Co-Founder & CEO Dorothea Koh about how her experience working for large healthcare companies informed the need to build better information tools for doctors, the strategy behind a doctor-first model, expansion plans in Asia, and the digitization of the medical industry during the pandemic.

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February 5, 2021
Our Timely Investment in Bot MD

The global pandemic has added tremendous pressure on healthcare systems around the world and reinforced the need for efficient operations and productive healthcare professionals. I am proud to announce today our Series A investment into Bot MD, an A.I. clinical assistant empowering doctors.

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February 3, 2021
Bot MD Raises US$5M Series A for Regional Expansion of Doctor Facing A.I. Assistant Platform by Monk’s Hill Ventures

Existing and new investors include SeaX, XA Network and SGInnovate, healthcare industry veterans Yoh-Chie Lu and Jean-Luc Butel, and Silicon Valley notable Steve Blank.

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January 30, 2021
ELSA Raises $15 Million For Global Expansion Of Its AI English Pronunciation Assistant

With funding co-led by Asia-based firms VIG & SIG, company to invest in full-scale B2B expansion.

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November 4, 2020
Our Investment in Logisly: Reinventing Logistics for Shippers and Transporters

Imagine a $100 billion-plus industry running entirely on phone calls and text messages. This is essentially the state of the trucking industry in Indonesia today.

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November 3, 2020
B2B Tech-Enabled Logistics Platform Logisly Raises US$6 Million in Series A Round led by Monk’s Hill Ventures

The funding will be used to scale Logisly’s operations in Indonesia, by growing their sales and vendor acquisition teams to strengthen its network of shippers and transporters and product development.

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October 14, 2020
Investing in GoGet

Today, we welcome GoGet, an on-demand workforce and job platform, to the MHV family and we can’t be more pleased to be working with the founders Francesca Chia and Fung Wei Tai.

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October 13, 2020
GoGet Raises US$2M Series A to Scale On-Demand Workforce Platform Led by Monk’s Hill Ventures

The funding will be used to scale GoGet’s services in Malaysia through product development, building and expanding its product and technology teams.

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September 29, 2020
Travel Experiences Platform KKday Raises $75 Million for Series C

KKday, the leading travel experiences platform in Asia, today announced the close of a USD$75 million Series C funding.

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May 5, 2020
Ninja Van’s Big-Ticket Funding Signals Startup Deal Resilience

Singapore’s Ninja Van has raised $279 million from backers including France’s GeoPost SA and ride-hailing giant Grab Holdings Inc., scoring one of Southeast Asia’s largest startup investments since Covid-19 was declared a pandemic.

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