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Singtel Innov8

Asia, Central Region, Singapore, Singapore

Description

Singtel Innov8 is the corporate venture capital (CVC) arm of the Singtel Group, a leading telecommunications company based in Singapore. Established in 2010 with an initial fund of S$200 million, Innov8's strategic mandate is to identify, invest in, and partner with innovative technology startups globally that align with Singtel's core business and future growth areas. Its global presence, with offices in Singapore, Silicon Valley, and Tel Aviv, underscores its commitment to sourcing cutting-edge technologies from key innovation hubs worldwide.

The firm's investment thesis centers on technologies poised to transform the telecommunications and digital services landscape. Key focus areas include 5G, artificial intelligence (AI), the Internet of Things (IoT), cybersecurity, enterprise solutions, and emerging digital platforms. Innov8 typically invests across various stages, from seed to growth, though its sweet spot often lies in Series A and B rounds where it can provide both capital and strategic value. By leveraging Singtel's extensive network, customer base, and operational expertise, Innov8 aims to accelerate the growth of its portfolio companies while also bringing new capabilities and innovation back into the Singtel ecosystem.

Over its operational history, Singtel Innov8 has demonstrated significant investment activity, deploying over US$300 million across more than 100 startups globally. This extensive portfolio reflects its broad reach and commitment to fostering a diverse range of technological advancements. For initial investments, Singtel Innov8 typically writes checks ranging from US$500,000 for earlier-stage opportunities up to US$10 million for more mature or strategically aligned growth-stage companies. This flexible approach allows them to engage with promising ventures at different points in their development, providing crucial capital and strategic support to help them scale and achieve market traction.

Investor Profile

Singtel Innov8 has backed more than 110 startups, with 9 new investments in the last 12 months alone. The firm has led 17 rounds, about 15% of its total and boasts 41 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series C, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Israel.
  • Strong thematic focus on Software, Network Security, Cyber Security.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $10M.

Stage Focus

  • Series C (25%)
  • Series A (19%)
  • Series B (17%)
  • Series D (12%)
  • Seed (11%)
  • Series Unknown (8%)
  • Debt Financing (2%)
  • Series E (2%)
  • Series F (2%)
  • Post Ipo Secondary (1%)

Country Focus

  • United States (59%)
  • Singapore (19%)
  • Israel (11%)
  • China (4%)
  • Indonesia (3%)
  • Australia (2%)
  • Hong Kong (2%)
  • Germany (1%)

Industry Focus

  • Software
  • Network Security
  • Cyber Security
  • Information Technology
  • Artificial Intelligence (Ai)
  • Analytics
  • Mobile
  • Enterprise Software
  • Cloud Computing
  • Internet Of Things
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Singtel Innov8 frequently co-invest with?

Qualcomm Ventures
North America, California, United States, San Diego
Co-Investments: 5
Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 5
Citi Ventures
North America, California, United States, San Francisco
Co-Investments: 5
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 6
Norwest Venture Partners
North America, California, United States, Palo Alto
Co-Investments: 7
Northgate Capital
North America, California, United States, Danville
Co-Investments: 5
MDI Ventures
Asia, Jakarta Raya, Indonesia, Jakarta
Co-Investments: 5
Aspect Ventures
North America, California, United States, Palo Alto
Co-Investments: 7
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 10
Greylock
North America, California, United States, Menlo Park
Co-Investments: 7

Which angels does Singtel Innov8 often collaborate with?

WG
North America, California, United States, San Francisco
Shared Deals: 1
BB
North America, California, United States, San Francisco
Shared Deals: 2
Gur Shatz
Asia, Tel Aviv, Israel, Tel Aviv
Shared Deals: 2
LS
North America, California, United States, Los Altos
Shared Deals: 1
PW
North America, California, United States, Palo Alto
Shared Deals: 2
AC
North America, California, United States, Mountain View
Shared Deals: 1
GG
North America, California, United States, San Francisco
Shared Deals: 2
SM
North America, Massachusetts, United States, Boston
Shared Deals: 2
Dave McClure
North America, California, United States, San Francisco
Shared Deals: 1
Shlomo Kramer
Asia, Tel Aviv, Israel, Tel Aviv
Shared Deals: 5

What are some of recent deals done by Singtel Innov8?

Whale

Singapore, Central Region, Singapore

Enterprise AI for Business Operations

ConsultingFood and BeverageInformation TechnologyInternetMarketingProfessional ServicesRetailSoftware
Series CMay 20, 2025
Amount Raised: $60,000,000
viAct

Hong Kong, Hong Kong Island, Hong Kong

Automating Monitoring with World's First Scenario-Based AI in Construction and Manufacturing to improve Safety, Productivity and Environment

Artificial Intelligence (AI)Computer VisionConstructionFacility ManagementManufacturingMiningOil and GasProperty DevelopmentProperty Management
Series AApr 16, 2025
Amount Raised: $7,300,000
Eclypsium

Portland, Oregon, United States

Eclypsium offers a platform for supply chain security for IT infrastructure.

Cyber SecurityEnterpriseInformation Technology
Series CJan 28, 2025
Amount Raised: $45,000,000
Selector

Santa Clara, California, United States

Selector is a software company that provides an AIOps platform for operational intelligence.

AnalyticsArtificial Intelligence (AI)Data VisualizationInfrastructureMachine LearningSoftware
Series BNov 19, 2024
Amount Raised: $33,000,000
VITURE

San Francisco, California, United States

VITURE is a 2C technology company dedicated to developing AR technology, creating trendy XR glasses.

ComputerElectronics
Series BOct 21, 2024
Amount Raised: $50,000,000
Monogoto

Chatsworth, California, United States

Monogoto is an API-driven cellular infrastructure-as-a-service enabling IoT connectivity and private LTE/5G networks

Developer APIsDeveloper ToolsIaaSInternet of ThingsTelecommunications
Series AOct 15, 2024
Amount Raised: $27,000,000
HPC-AI Technology

Singapore, Central Region, Singapore

HPC-AI Technology provides a cloud-based platform to enhance AI computations by increasing CPU and GPU processing speeds.

Artificial Intelligence (AI)Cloud Computing
Series ASep 30, 2024
Amount Raised: $50,000,000
Blackpanda

Singapore, Central Region, Singapore

Blackpanda is a digital forensics and cyber incident response firm.

ComputerCyber SecurityInformation TechnologyInsurTechNetwork Security
Series ASep 25, 2024
Amount Raised: $6,700,000
Ferrum Health

San Francisco, California, United States

Ferrum Health is a developer of an enterprise IT and AI patient safety platform for health systems.

Artificial Intelligence (AI)Health CareSoftware
Series ASep 19, 2024
Amount Raised: $16,000,000
StrongDM

Burlingame, California, United States

StrongDM is a platform that provides zero-trust access control to databases, servers, and applications.

InfrastructureSecuritySoftware
Series CMay 2, 2024
Amount Raised: $34,000,000