
Atlas Ventures
Description
Atlas Ventures is an early-stage venture capital fund headquartered in Singapore, with a primary focus on high-growth technology companies across the vibrant Southeast Asian ecosystem. Established as the corporate venture arm of Singapore Press Holdings (SPH), it has played a significant role in fostering innovation within the region. The firm targets promising startups across various sectors, demonstrating a broad investment mandate that includes fintech, SaaS, e-commerce, artificial intelligence, Web3, and deep tech solutions. Its strategic location in Singapore allows it to tap into a robust network of founders and co-investors in one of Asia's leading innovation hubs.
The firm launched its inaugural fund, Atlas Ventures Fund I, with a capital commitment of S$30 million, equivalent to approximately US$22 million. This initial fund was instrumental in establishing Atlas Ventures as a key early-stage investor in Southeast Asia. The fund's strategy has historically centered on providing crucial seed and Series A capital to startups poised for significant growth. While initially closely tied to SPH, Atlas Ventures has evolved, maintaining its focus on identifying and nurturing disruptive technologies.
Atlas Ventures has built a notable portfolio of companies that have gone on to achieve significant milestones. Among its prominent investments are ShopBack, a leading cashback rewards platform; Carousell, a popular consumer-to-consumer marketplace; and 99.co, a prominent property portal. Historically, the firm's typical first cheque sizes ranged from S$250,000 to S$1 million, which translates to approximately US$185,000 to US$740,000 based on historical exchange rates. This investment range underscores its commitment to supporting companies in their formative stages, providing the necessary capital to scale operations and expand market reach across the region.
Atlas Ventures continues to be an active participant in the Southeast Asian venture landscape, leveraging its experience and network to support the next generation of tech innovators. Its long-standing presence and strategic investments highlight its dedication to contributing to the region's burgeoning digital economy.
Investor Profile
Atlas Ventures has backed more than 26 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 12% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in United States, Singapore, Philippines.
- Strong thematic focus on Biotechnology, Health Care, Apps.
- Typical check size: $185K – $740K.
Stage Focus
- Series A (31%)
- Series B (27%)
- Seed (27%)
- Series C (4%)
- Series Unknown (4%)
- Series F (4%)
- Pre Seed (4%)
Country Focus
- United States (42%)
- Singapore (27%)
- Philippines (8%)
- Pakistan (8%)
- India (8%)
- Russian Federation (4%)
- United Kingdom (4%)
Industry Focus
- Biotechnology
- Health Care
- Apps
- Fintech
- Information Technology
- Medical
- Gaming
- Mobile
- Financial Services
- E-commerce
Frequently Asked Questions
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