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Vulpes Investment Management

Family office

George Town · Seed–Series A · 27 people tracked

Also known as VULPES INVESTMENT MANAGEMENT PRIVATE LIMITED

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Investment thesis

Vulpes pursues long-term, sustainable capital appreciation by concentrating on a small number of compelling opportunities across a range of strategies. Designed to replicate a family office structure, it anchors all investments with its own capital to ensure alignment with outside co-investors. The firm emphasizes patient, opportunistic investing that aims to produce real capital appreciation and/or income, seeking benefits that are profitable but not solely financial.

Source: firm website, verified Oct 13, 2026.

Stage
Seed–Series A
HQ
George Town, KY
Instruments
Equity
Founded
2001
AUM
$96.5M
Tracked investments
9
Unicorns
1

Team · 27 people

from the firm's website & curated & public directories
Martin Diggle· Co-Founder | Chairman of Vulpes Investment Management UK Ltd.
Stephen Diggle· Founder | CEO of Vulpes Investment Management UK Ltd.in
Hugh Bickerstaff· Venture Partnerin

Hugh Bickerstaff is a Venture Partner at Vulpes Ventures, joining at the launch of its first VSOF fund. He previously served as Global Chief Investment Officer for Investible, where he helped build Club Investible in Australia and Singapore and launched the firm's first early-stage venture capital fund. Before becoming an investor, he spent over 30 years in Australia's technology industry building and launching technology companies, and he is a Harvard Business School alumnus.

Jani Rautiainen· Venture Partnerin

Jani Rautiainen works with the Vulpes team to qualify and manage investments, drawing on his experience growing technology companies in South East Asia, and serves on the firm's Investment Committee. He founded PropertyGuru, an online real estate marketplace in South East Asia now listed on the NYSE, which he grew to operations in 5 countries and over 1,000 employees across a decade. He has built online and mobile products since the mid-1990s and previously founded two other startups. He holds an MBA from INSEAD and an MSc in Computer Science from Helsinki University of Technology.

Alistair Nicholson· Portfolio Manager, Agriculture
Ana Gomes· Head of Communications & Investor Relationsin

Ana Gomes is a consultant at Vulpes Investment Management, based in Singapore, where she works on corporate communications. She is an MPhil student at Cambridge University.

Anthony Diggle· Senior Analystin
Bert Verdicchio· Treasurerin
Bill Crispin· Chief Legal Officer
Chee Seng Ng· Chief Operations Officerin

Chee Seng Ng joined Vulpes in 2019 and leads its operations and compliance functions. He previously worked as a Fund Controller at hedge fund Alphadyne Asset Management (now Astignes Capital Asia) and began his career at Citco Fund Services, moving from Fund Accountant to Account Manager. He holds a Bachelor of Science in Banking and Finance from the University of London.

David Mackey· Portfolio Manager, CEO of Stronghold Capital
Eleanor Coffey· Senior Advisor / Non-Executive Director
Geoffrey Flynn· Senior Advisor / Non-Executive Director
Glenn Blasius· Senior Advisor / Non-Executive Director
Grant Williams· Senior Advisor / Non-Executive Director
Jamie Diggle· Analystin

Jamie Diggle is a Financial Analyst at Vulpes Investment Management, where the work covers research-driven investment strategy and market analysis across sectors including African markets and the biotech industry, with a focus on CDMO and oncology. Diggle supports the VaiL/S TR fund through investor outreach and CRM management, and has additional experience in real estate financial modelling. Diggle holds a First-Class Finance degree from the University of Cape Town, received the Commerce Faculty Scholarship, and has passed CFA Levels 1 and 2.

Jasmine Zhang· Operations Consultant
John A. Dawson, CBE· Senior Advisor / Non-Executive Director
Kim Ivey· Senior Advisor
Kirti Rani· Chief Technology Officer
Martin Shenfield· Senior Advisor / Non-Executive Director
Nicholas Thibeault· Director of Business Development and Venture Capitalin

Nicholas Thibeault is Principal and COO at Vulpes Ventures, where he works across the business and heads the investment deal team. Before joining Vulpes in 2019, he worked in Myanmar launching the corporate advisory arm of a Swiss consultancy and served as interim Country CEO for early-stage fintech Kiu Global; earlier he worked at Canaccord Genuity in London in asset management and then investment banking focused on M&A and ECM in the consumer and leisure sector. He holds a degree in Economics and Politics from the University of Bath, completed the Oxford Fintech Programme at Oxford Saïd Business School, and is an Associate of the Chartered Institute of Securities and Investment UK.

Philipp von Bernstoff· Portfolio Manager, Distressed Fund
Sadiq Currimbhoy· Sustainability Consultant
Stuart Merrilees· COO of Vulpes Investment Management UK Ltd
Tam Seen Yee· Finance Manager
Will Garner· Senior Advisor / Non-Executive Director

What they invest in

from 8 of 9 portfolio companies

Future of Work ×3PropTech ×3AI & Machine Learning ×2Fintech ×2Marketplaces ×2B2B Marketplaces ×1Biotech ×1Consumer ×1

HQs:Singapore×2Brazil×1United Kingdom×1Indonesia×1India×1Vietnam×1

Investments · 9 tracked

founders shown can be your intro path

By year:2024 · 22022 · 22021 · 12019 · 12014 · 17 dated

Leucidleucid.com✓ verified

Leucid Bio develops CAR-T cell therapies based on a proprietary Lateral CAR platform that redesigns the CAR structure to mimic the lateral signalling arrangement of natural immune receptors.

BiotechHealthtechLondon, GB

John Maher(Founder)

Co-investorsSofinnova PartnersEpidarex Capital

Alunalun.com.brMay 2024

Alun is a Brazilian education group offering programs in technology, business, and artificial intelligence, spanning a tech-focused college, a digital products and business school, an executive development platform, and corporate training.

AI & Machine LearningEdTechFuture of Work

Co-investorsCrescera CapitalParkwalk Advisors

Citicscitics.vninSeed · Mar 2021 · $1M

Citics operates a real estate valuation platform that digitizes fragmented property data sources and applies proprietary algorithms to value real estate assets.

Data & InfrastructureFintechPropTechHo Chi Minh City, VN

Long Trần Minh(Founder)in

Co-investorsAiViet VentureThe Ventures CoVulpes VenturesNextransTheVentures

Myrobinmyrobin.idJan 2022

MyRobin is an Indonesian platform focused on staff recruitment and workforce management, helping businesses hire and manage workers more efficiently.

B2B MarketplacesFuture of WorkHR TechJakarta, ID

ardy satria hasanuddin(Founder)in

Co-investorsAccionAngelCentralAntlerInvestible Climate Tech FundSOSVVulpes Ventures+3 more

NoneAwaynoneaway.comPre-Seed · Nov 2024 · $1M

Co-investorsIgnite House of InnovationWavemaker PartnersForge VenturesKaya Founders

Propsellerpropseller.comin𝕏Series A · Aug 2022 · $12M

Propseller is a real estate agency in Singapore that helps clients sell and buy residential property (HDB and private/condo) through dedicated licensed agents, a low commission model, and a mobile app for tracking transactions.

MarketplacesPropTechSingapore, SG

Adrien Jorge(Founder)in

Co-investorsHustle FundICCP Venture PartnersITERATIVEPartech VenturesVertex Ventures Sea Management Pte. Ltd.Vulpes Ventures+2 more

Redmartredmart.com𝕏Jan 2014 · $5M

RedMart is an online grocery service, now part of the Lazada platform, where customers order groceries and household products for delivery.

ConsumerE-commerceFoodTech

Co-investorsDSG Consumer PartnersGolden Gate VenturesVisionnaire Ventures, LlcSBVA

Square Yardssquareyards.cominSep 2019 · $20M

Square Yards operates a full-stack proptech and fintech platform for buying, renting, and investing in residential and commercial real estate across major Indian cities, initially serving NRIs and now the broader homebuyer market.

FintechMarketplacesPropTechGurugram, IN

Tanuj Shori(CEO)inVivek Agarwal(Co-founder & CTO)in

Co-investorsADM CapitalSmilegate InvestmentKae CapitalMuzinich & Co.

Tigerhalltigerhall.comin

Tigerhall offers an AI-driven platform for organizational transformation and change management, automating preparation work such as audience segmentation, communications personalization, and data analysis.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS

Co-investorsMonk's Hill VenturesPeak XV PartnersTaurus VenturesVulpes VenturesSequoia CapitalXA Network

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Vulpes Investment Management made?
Vulpes Investment Management has 9 tracked investments, including 1 dated in the last 24 months.
What stage does Vulpes Investment Management invest at?
Vulpes Investment Management invests at the Seed, Series A stages.
What sectors does Vulpes Investment Management focus on?
Vulpes Investment Management focuses on B2B Marketplaces, Crypto & Web3, Healthtech.
Where is Vulpes Investment Management located?
Vulpes Investment Management is headquartered in George Town, KY.

Media · Podcasts & interviews

featuring the team

Co-investors · 1

Firms observed investing alongside Vulpes Investment Management, from public investor directories. Shared companies are the overlap with Vulpes Investment Management's recorded portfolio.

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