Spiral Ventures — Full Portfolio

WAKAZE manufactures and sells Japanese sake and craft spirits, with production operations in both Japan and France.

ConsumerDirect to ConsumerFoodTechParis, FR

TITakuma Inagawa(Representative Director & CEO)in

Co-investorsDBDBJ CapitalEGEgg ForwardJAJAFCO GroupJAJapan FinanceNINissay CapitalSMSMBC Venture Capital+1 more

Fragaria Fruits is a high-tech farming company using indoor vertical farming to grow year-round strawberries, with pilots for blueberries and raspberries, sold under its Oh!

AgTechConsumerFoodTechBangalore, IN

HVHarish Varadharajan(Co-founder)DLDamian Lopez Salazar(Co-founder)TCTimothy Chad van Niekerk(Co-founder)

Co-investorsWEWEH VenturesRARainmatter

Minto produces content across manga, animation, drama, and character properties, working with creators to deliver emotionally engaging entertainment.

ConsumerCreator EconomyMedia & EntertainmentTokyo, JP

水和水野 和寛(代表取締役 (CEO))Kazuhiro Mizuno(Founder)inMinoru Yanai(Founder)in

Co-investorsABABC Dream VenturesEAEast VenturesKAKakao PiccomaMIMizuho CapitalSMSMBC Venture CapitalNTNTT DOCOMO Ventures

Lal10 is a B2B platform connecting brands with manufacturers and sellers of soft-home and textile products such as floor coverings, home linen, table linen, and bed linen.

Advanced ManufacturingB2B MarketplacesE-commerceNew York City, US

Maneet Gohil(Founder)Sanchit Govil(Founder)

Co-investorsAUAurum Venture PartnersBEBeyond CapitalBEBeyond Capital VenturesGEGemba Capital Venture PartnersPEPegasus India Evolving Opportunities FundZ Z Nation Lab Growth

Aqwire provides payment processing and orchestration solutions for enterprises, offering dashboard tools, API integration, and auto-debit capabilities to manage transactions.

Enterprise SoftwareFintechSaaS

Co-investorsIDIdeaspace VenturesMAManila Angel Investors NetworkVUVulpes Ventures

FAVO is an Indonesian online store for health, personal care, and wellness products, selling items such as vitamins, skincare, sunscreen, grooming products, medicated oils, and contraceptives from established brands.

ConsumerE-commerceWellness & Fitness

Atlas is an AI-powered platform that generates lecture notes and transcripts from audio recordings of lectures, meetings, and study sessions for students.

AI & Machine LearningEdTech

Co-investorsAIAirbus Ventures

PT Bukalapak.com Tbk operates an online shopping platform in Indonesia.

ConsumerFintechImpact & Social Good

Muhamad RasyidNHNugroho HerucahyonoinAZAchmad Zaky(Founder)inDian HaryokusumoinTOTeddy OetomoWHWillix Halimin

Co-investors50500 Global50500 Startups VietnamENEndeavor CatalystMAMandiri Capital IndonesiaRERebright PartnersSCSC Ventures+3 more

Bunzz provides a platform for developers to find, deploy, and manage reviewed smart contracts across EVM-compatible blockchains via a GUI, along with an AI-based smart contract audit service and LLM-powered contract documentation generation.

AI & Machine LearningCrypto & Web3Developer Tools

Co-investorsAPAPOLLO CAPITALDGDG Daiwa VenturesHYHyperithmMImint VC

CarbonEthics develops nature-based carbon projects focused on ecosystem restoration, particularly in blue carbon environments, combining climate finance with regulatory expertise to generate high-integrity carbon credits.

CleantechClimate TechImpact & Social GoodUnknown from page, ID

Co-investorsINIntudo Ventures

Carsome operates a used-car transaction platform in Malaysia that links private sellers with a network of dealers.

Mobility & Transportation

Aaron FoongJEJiun Ee Teoh(Founder)inKCKee Choon (Eric) ChengEric Cheng(Founder)Teoh Jiun Ee(Founder)

Co-investors50500 GlobalAEAEF Greater Bay Area FundBUBurda Principal InvestmentsENEndeavor CatalystGOGobi PartnersINInnoVen Capital+5 more

Carsome is a used car marketplace that conducts rapid vehicle inspections (30-45 minutes) with transparent pricing and provides a one-year warranty on engine, transmission, and AC.

B2B MarketplacesMarketplacesRetail TechJakarta, ID

Co-investors50500 Startups VietnamACAC VenturesEMEmissary CapitalINIndogen Capital50500 GlobalASAsia Partners+2 more

Noida, IN

Bhaswat Agarwal(Founder)Mukul Rustagi(Founder)

Co-investorsALAlpha Wave GlobalGSGSV VenturesOWOwl VenturesRTRTP GlobalSTSTRIVEBLBlume Ventures

Coda is a payments and monetization platform that connects digital publishers to local and global payment methods, enabling access to over 200 million paying users.

B2B MarketplacesE-commerceFintechGamingMarketing TechMarketplacesSaaSSingapore, SG

PLPaul Leishman(Co-Founder)inNDNeil Davidson(Founder)inMFMike Feldkamp(Chief Technology Officer)SHShane Happach(Chief Executive Officer)in

Co-investorsCECento VenturesGMGMO VenturePartnersGOGolden Gate VenturesMAMadrona Venture GroupGIGICINInsight Partners+1 more

Sameer Grover(Founder)in

Co-investorsACAccel

D3 Labs develops blockchain-based programmable asset infrastructure and solutions for businesses in Southeast Asia, starting with Indonesia.

Crypto & Web3Enterprise SoftwareFintech

Chung Ying Lai(Co-CEO)Tigran Adiwirya(Co-CEO)

Co-investorsDSDS/X VenturesSASaison Capital

Dagangan is an Indonesian wholesale e-commerce platform that connects small retailers and traditional warungs in tier 3-4 cities and rural areas with suppliers through a hub-and-spoke network of micro-warehouses and last-mile delivery.

B2B MarketplacesE-commerceLogistics & Supply ChainSleman Regency, ID

RMRyan Manafe(Founder)inWYWilson Yanaprasetya(Founder)inMaha Willy Chandra(Founder)

Co-investors50500 GlobalW W Inc.MOMonk's Hill Ventures

Docquity operates a platform for verified doctors across Asia and the Middle East, providing clinical tools, professional content, and an AI product (Dx) for modern clinical practice.

AI & Machine LearningDigital HealthEdTechHealthtechSingapore, SG

IRIndranil Roychowdhury(Founder)in

Co-investorsACAC VenturesALAlkemi Growth CapitalIGiGlobe PartnersGEGenesia VenturesGLGlobal BrainITItochu Technology Ventures

First Circle is a Philippine fintech building a full-stack neobank for small and medium enterprises, providing financing, cash-flow management tools, and rooftop solar solutions.

Enterprise SoftwareFintechSaaSTaguig, PH

PLPatrick Lynch(Founder)inJorrit Koop(Founder)inPatrick Lynch Tony Ennis(Founder)Tony Ennis(Founder)

Co-investors50500 GlobalACAccionINInsignia Ventures PartnersMAMaiora Rebel VenturesVEVenturraACAccion Venture Lab+3 more

Flare develops AI-driven systems to manage essential workers—such as drivers, cleaners, security guards, and domestic workers—in emerging markets, vertically integrating its technology platform, worker staffing (via subsidiary Drive-Z), and customer implementation.

AI & Machine LearningFuture of WorkHR TechTokyo, JP

KKKazuki Kamiya(CEO)SISatoru Ichihara(COO)SHShinya Hayashi(CSO)HIHidefumi Iwaki(CFO)TSTomohiro Sasaki(Executive Officer (Product Development))

Co-investorsANANOBAKACACARTA VENTURES, Inc.AGAgent CapitalCACasdin CapitalINInvusNENextech Invest+2 more

Fruits operates an online marketplace for buying and selling premium domain names, charging fees only to sellers and offering a buyer protection program with secure domain transfers.

E-commerceMarketplaces

Co-investorsTITiburonRARainmatterWEWEH Ventures

GoCement is an Indonesian online marketplace for building and construction materials, connecting buyers with local building-supply stores via a mobile app and website.

B2B MarketplacesConstruction TechE-commerce

Co-investorsDSDS/X VenturesFOFoundamentalKEKejora CapitalREReflect VenturesBEBEENEXT

HealthMetrics provides data-driven wellness programs and cloud-based healthcare management for organizations.

Data & InfrastructureDigital HealthEnterprise SoftwareHealthtechHR TechInsurTechSaaS

Co-investorsARArtem VenturesCRCradle Seed VenturesPAPartners for Growth

iMoney is a Malaysian financial comparison website where users can compare, apply for, and earn rewards on financial products; this page lets consumers browse and compare unit trust (mutual fund) investments available in Malaysia.

FintechMarketplacesMedia & Entertainment

Co-investorsECECONA AGJUJungle VenturesRERebright PartnersASAsia Venture Group

Advanced ManufacturingConsumer

KLKhanh LêinRaghav M S

Co-investors50500 GlobalANAntlerAPAppWorks VenturesHOHoxton VenturesITITERATIVEOCOctopus Ventures+1 more

Instapay provides a digital payroll and workforce payment platform that enables employers to manage and disburse salaries to employees through e-wallets, targeting construction, manufacturing, plantation, food and beverage, and gaming sectors.

ConsumerFintechHR TechSaaSKuala Lumpur, MY

Kata.ai provides a large language model that lets brands and enterprises build intelligent chatbots for marketing, commerce, and behavioral data collection across social and chat apps such as LINE, Facebook, and WhatsApp.

AI & Machine LearningE-commerceEnterprise SoftwareHR TechMarketing TechSaaSSales Tech

ARAhmad Rizqi Meydiarso(Founder)inChristian FrankeIrzan Raditya(Founder)inRFReynir Fauzan(Founder)inWahyu Wrehasnaya(Founder)in

Co-investors50500 GlobalACAC VenturesRERed Sails InvestmentTRTrans-Pacific Technology FundCOConvergence VenturesMDMDI Ventures

Fintech

Agung NugrohoAlbert Lucius(Group CEO & Founder)

Co-investors50500 GlobalEAEast VenturesSTSTRIVE

Raffisal Damanhuri(Founder)inAnggara Pranaspati(Founder)in

Co-investorsVEVertex Ventures Sea Management Pte. Ltd.

Omnistream is an AI-powered category-management platform that helps retailers optimize product placement and range decisions across their store locations.

AI & Machine LearningRetail TechSaaS

Wendy ChenShivang KotakAkshay Kamath

Co-investorsWAWavemaker PartnersDEDelivery Hero Ventures

Kuala Lumpur, MY

Winnie Chua 蔡宁(Founder)Lee Yen Ming(Founder)Wilson Beh(Founder)Winnie Chua(Founder)Yen Ming Lee(Founder)

Co-investorsKKKK FundALAltara Ventures

Remind provides mobile-first, two-way messaging for education, letting teachers, administrators, students, and families communicate without sharing personal phone numbers.

EdTechSaaS

BKBrett Kopf(Founder)inDKDavid Kopf(Founder)in

Co-investors50500 GlobalBLBling CapitalGSGSV VenturesIMImagine K12KLKleiner PerkinsTETeamworthy Ventures+1 more

SECAI MARCHE operates a marketplace infrastructure in Southeast Asia connecting producers and chefs through an e-commerce platform serving the regional food supply chain.

AgTechB2B MarketplacesE-commerceFoodTechTokyo, MY

Shusaku Hayakawa(Founder)in

Co-investorsGLGlobal BrainNTNTT DOCOMO VenturesRARakuten CapitalMOMOL PLUS

SPUN is an AI-assisted visa application platform that helps travelers organize, autofill, and verify documents, then processes visa applications with the relevant authorities and delivers results.

AI & Machine LearningSaaSTravel & HospitalityJakarta, ID

Christa Sabathaly(Founder)Dilla Anindita(Founder)in

Co-investorsANAntlerITITERATIVEGEGenesia Ventures

SwipeRx operates a digital network for independent pharmacies and pharmacy professionals across Southeast Asia, offering community tools and a purchasing platform for buying quality medicines.

B2B MarketplacesDigital HealthHealthtechMarketplacesSaaS

FMFarouk Meralli(Founder)inJLJon LininYee Fong Ten

Co-investors50500 GlobalKIKickstart VenturesPAPatamar CapitalBIBill & Melinda Gates FoundationMDMDI Ventures

Ternakin offers fish farming partnership investment opportunities where investors contribute capital for pond construction (CAPEX), operational costs (OPEX), or both, while the company manages professional-grade aquaculture operations and guarantees market access for harvested fish products.

AgTechFintechFoodTechIoT

Michael Hadiono(Founder)Nikolas Sinurat(Founder)Sentoso Budiyanto(Founder)

Co-investorsANAntlerGEGenesia Ventures

Vexere is an online platform for booking bus and train tickets in Vietnam, offering promotions, travel insurance, and multiple payment options for travelers.

MarketplacesSaaSTravel & Hospitality

Co-investorsPIPix Vine Capital

Vavada is an online casino platform aimed at Estonian players, offering slots, table games, jackpots, and live dealer tables from providers such as Pragmatic Play, Play'n GO, and Evolution.

AI & Machine LearningConsumerFintechGamingInsurTechMobility & TransportationTallinn, EE

Co-investorsTETechstars

Yellow Metal offers home-delivered gold loans in India, aiming to provide rural households a simple gold loan at their home within 30 minutes.

FintechBengaluru, IN

Rahul Boggaram(Founder)in

Co-investorsFIFirst ChequeMSMSA NovoWAWaterBridge VenturesJAJava CapitalMSMSA Capital

Zipmatch runs a real estate brokerage and property listing platform based in Singapore.

PropTech

JDJohn Dang

Co-investors50500 GlobalIDIdeaspace VenturesKIKickstart VenturesKIKickstart