
Singtel Innov8
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
Frequently Asked Questions
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