Openspace Ventures
Venture capitalBangkok · Seed–Growth · 60 people tracked
Also known as OPENSPACE VENTURES PTE. LTD.
Investment thesis
Openspace is an investment firm managing US$800M in committed capital across six funds, with a long-standing specialist focus on Southeast Asia. It backs tech-native and tech-enabled companies at the early and growth stages across multiple sectors. The firm applies an approach it calls 'Active Intelligence' to help portfolio companies pursue bolder visions and accelerate their progress responsibly. Openspace is also actively investing in the emerging climate tech opportunity across Southeast Asia, leveraging its local presence, market understanding, and ecosystem partnerships to support the region's transition to a greener future.
Source: firm website, verified Aug 3, 2026.
Team · 60 people
from the firm's website & public directoriesWhat they invest in
from 23 of 50 portfolio companiesFintech ×10Consumer ×6AI & Machine Learning ×4SaaS ×4Marketplaces ×3B2B Marketplaces ×2Direct to Consumer ×2FoodTech ×2
HQs:Indonesia×7United States×3India×1Malaysia×1Philippines×1Singapore×1
Investments · 50 tracked
founders shown can be your intro pathCopilotIQ provides AI-driven remote care management for older Americans with chronic conditions like diabetes and hypertension, combining high-frequency nurse care, connected devices, and a software platform (remoteIQ).
AI & Machine LearningDigital HealthHealthtechNashville, US
Abacus Digital provides mobile-based lending, with a focus on borrowers who were previously denied bank loans.
Fintech
Chope operates a restaurant reservation platform with a consumer app for diners to book tables and a rewards program ("Chope-Dollars"), alongside tools for restaurants.
ConsumerFoodTechMarketplaces
GoTo is a super-app platform in Southeast Asia providing on-demand services, financial technology, and ecosystem solutions for merchants, drivers, and consumers.
B2B MarketplacesFintechMarketplacesJakarta, ID
Jiwa Group operates Janji Jiwa, a coffee brand that organizes barista competitions and events to develop barista skills and promote coffee culture.
ConsumerFoodTech
Lista is a personal finance management app that helps users track spending, automate expense monitoring, and reach savings goals.
ConsumerFintechManila, PH
Love, Bonito is a direct-to-consumer fashion brand offering clothing across multiple categories including denim, tops, and staples for women.
ConsumerDirect to Consumer
MAKA Motors manufactures electric two-wheelers with fast-charging capability (20 km range in 1 hour with 500 watts) targeting consumers seeking affordable urban mobility solutions.
ConsumerHardwareMobility & Transportation
Vui App is a payroll flexibility platform that enables workers to access wages between regular paydays and provides employers with an alternative payroll disbursement model.
FintechHR TechSaaSHanoi, VN
Dzung Dang(Founder)inThang Nguyen(Founder)inĐặng Việt Dũng(Founder, CEO)Mai Sơn(Product Director)Đoàn Thị Hồng Vân(Operations Director)Tạ Quang Minh(Finance and Partnership Development Director)
NSC Innovation designs and manufactures monolithic integrated circuits that combine compound semiconductors with silicon CMOS technology, enabling applications in augmented reality, virtual reality, smart lighting, wearables, mobility, and communications.
Deep TechHardwareSemiconductors
Pathao is an app-based consumer super app offering ride-hailing, food delivery, e-commerce logistics, and fintech services.
FintechLogistics & Supply ChainMobility & TransportationDover, US
Fahim Saleh(Director)Hussain Elius(Executive Officer)Edward Simnett(Director)Siamac Kamalie(Director)Efath Sharker(Director)Shifat Adnan(Executive Officer)
Thryve develops nature-based solutions and carbon credits, working with smallholder farmers in India and Indonesia on ecosystem restoration and agroforestry.
AgTechClimate TechImpact & Social Good
Vinay Kulkarni(Co-Founder & CEO)Ron Steinherz(Co-Founder & COO)
Validus provides financing solutions for small and medium-sized enterprises and dealers across Southeast Asia.
FintechSingapore, SG
VideoRebirth develops AI-native foundation models and world models for video generation, enabling users to create interactive, personalized visual content.
AI & Machine LearningMedia & Entertainment
Fund performance · per public LP disclosures
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Openspace Ventures, L.P.LPs: San Diego City Employees' Retirement System | 2015 | — | 19.7% | 2.74x | 1.35x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Openspace Ventures invest at?
- Openspace Ventures invests at the Seed, Series A, Series B, Growth stages.
- What sectors does Openspace Ventures focus on?
- Openspace Ventures focuses on AI & Machine Learning, Cleantech, Climate Tech, Crypto & Web3, Fintech, Sector Agnostic.
- Where is Openspace Ventures located?
- Openspace Ventures is headquartered in Bangkok, TH.
Media · Podcasts & interviews
featuring the teamIES INCA | e27 - In Conversation with a Deep Tech Investor Mr Hian Goh of Openspace Ventures
IES INCA · Hian Goh
Images
Co-investors · 16
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Global Founders Capital (GFC) is the global venture capital platform of Rocket Internet, investing early and across sectors in fast-growing technology companies.
Inspired Capital is a generalist early-stage venture fund that leads rounds with high conviction, making fewer than 10 investments per year across a broad range of sectors.
Endeavor Catalyst is the co-investment fund of Endeavor, a global organization supporting high-impact entrepreneurs, operating across 45+ markets worldwide with a team of 600+ people.
Frontier is an early-stage technology investor backing entrepreneurs building innovative technologies aimed at improving joy, well-being, safety and productivity worldwide.
MassMutual Ventures is a global venture capital firm partnering with technology companies across enterprise SaaS, fintech, cybersecurity, healthtech, and climate technology.
▶4 more co-investors
Firms observed investing alongside Openspace Ventures, from public investor directories. Shared companies are the overlap with Openspace Ventures's recorded portfolio.
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