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Vulpes Ventures

Venture capital

Singapore · Seed–Series B · 6 people tracked

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Investment thesis

Vulpes Ventures operates out of Vulpes Investment Management, an alternative asset manager active in Singapore since 2002 with deep Asia-Pacific expertise. Having previously invested as a limited partner in venture funds, the firm launched its first direct venture fund in 2020, applying its accumulated market perspective to backing startups. Its track record includes leading PropertyGuru's seed round and joining Trax's Series A, supporting two of Singapore's original unicorns.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series B
Check
$1M – $12M
HQ
Singapore, SG
Leads rounds
Leads
Instruments
Equity
Founded
2020
Last 12 months
1 investment
Tracked investments
50

Team · 6 people

from the firm's website

What they invest in

from 18 of 50 portfolio companies

Enterprise Software ×7SaaS ×7Fintech ×5Consumer ×3AI & Machine Learning ×2FoodTech ×2Marketing Tech ×2Travel & Hospitality ×2

HQs:Singapore×5Vietnam×3Philippines×2Australia×1New Zealand×1United States×1

Investments · 50 tracked

founders shown can be your intro path

By year:2025 · 12021 · 23 dated

Oxford Biodynamicsoxfordbiodynamics.comOct 2021SEC filingmedium confidence

Oxford BioDynamics develops blood-based diagnostic tests built on its EpiSwitch 3D genomics platform, including tests for prostate cancer likelihood (PSE), immune checkpoint inhibitor therapy response (CiRT), and ME/CFS detection.

BiotechDigital HealthMedical DevicesOxford

Alexandre Akoulitchev(Director)David Holbrook(Director)Jon Burrows(Chief Executive Officer)Paul Stockdale(Chief Financial Officer)Matthew Wakefield(Director)

Board seatStephen Diggle· per SEC Form D · $5M raise · filed Nov 2021

Ampverseampverse.comin

Ampverse provides gaming marketing services—including influencer talent, esports, events, media and virtual worlds—connecting brands and game publishers with gaming audiences.

GamingMarketing TechMedia & Entertainment

Charlie Baillie(Chief Executive Officer)Tim Roemer(Chief Operating Officer)

Co-investorsFirestartrGandel Invest

Aqwireaqwire.io

Aqwire provides a payment platform for processing, billing, and managing cross-border payments into the Philippines.

Enterprise SoftwareFintech

Co-investorsIdeaspace VenturesManila Angel Investors NetworkSpiral Ventures

Avarniavarni.coin𝕏

Avarni provides AI-powered software that helps finance, compliance and sustainability teams measure supply-chain carbon emissions and meet sustainability reporting regulations.

CleantechClimate TechEnterprise SoftwareSaaSAustralia, AU

Misha(Co-founder)inAnuj(Co-founder)in

Co-investorsAfterWork VenturesCommon Sense VenturesMain Sequence Ventures

Betterplace
Cardupcardup.co

CardUp is a payment platform for businesses to make and collect domestic and international payments via credit card and PayNow, including for expenses like payroll, supplier invoices, rent, and taxes.

Enterprise SoftwareFintechSaaS

Chopechope.com

Co-investorsDSG Consumer PartnersFrontier Ventures

Citics Vn
Cloudeatscloudeats.com

CloudEats operates cloud kitchens that build delivery-optimized virtual food brands, each targeting a specific consumer persona, using proprietary technology with API integrations to major delivery platforms.

ConsumerFoodTechLogistics & Supply ChainManila, PH

Co-investorsNordstarJungle VenturesGobi Partners

Cloudwave
Creating Change and Transforming Livesmanettas.com.au
Cyabracyabra.comin𝕏

Cyabra is a disinformation detection platform that identifies fake profiles, bots, and coordinated inauthentic networks across social media to help brands and organizations assess online conversations and threats.

AI & Machine LearningCybersecuritySaaS

Co-investorsIneffable VenturesMaccabee VenturesOurCrowdTAU Ventures

Dexibit
Eureka Ai
File invitefileinvite.comin

FileInvite provides an automation layer for document collection in commercial lending, helping banks, credit unions, and other lenders reduce document turnaround times and improve borrower experiences.

Enterprise SoftwareFintechSaaSBroomfield, US

James Sampson(Founder and CEO)

Co-investorsAfterWork VenturesAngel HQArc AngelsEnterprise AngelsForefront VentureIcehouse Ventures+1 more

Flexos
Foodmapfoodmap.asia

Foodmap is a Vietnamese online marketplace for food and beverage products, including gift boxes and alcoholic beverages, requiring age verification for purchases.

E-commerceFoodTechMarketplaces

Co-investorsCapria Ventures

Funding Societiesfundingsocieties.comin

Funding Societies operates a digital lending and debt investment platform that connects SMEs across Southeast Asia with financing products and individual/institutional investors.

B2B MarketplacesEnterprise SoftwareFintechSingapore, SG

Kelvin Teo, CPA ☀️(Founder)inReynold Wijaya(Founder)in

Co-investorsAlpha Startups Pre-AcceleratorGobi PartnersGolden Gate VenturesRuna CapitalSoftBank Vision FundQualgro+1 more

Geosnapshot
Hiiphiip.asiain

Hiip is an influencer marketing and e-commerce platform that connects brands with social media influencers, using in-house machine learning, image recognition, and NLP technology to run and analyze campaigns.

AdTechCreator EconomyMarketing TechSingapore, SG

Co-investorsCocoon Capital

Hotelmize
Intelligent Video Solutions Ivs
Intrepid
Ironclad
JigSpaceApr 2021

Spatial computing company (Series A), based in Melbourne.

Melbourne

Numa Bertron(Director)Zachary Duff(Executive Officer, Director)

Co-investorsAura VenturesInvestible Climate Tech FundRampersand

Kaso
M Villagemvillage.vnin

M Village operates a chain of hotels and accommodations in Vietnam, offering room bookings, a loyalty rewards program, and services for hotel property owners.

ConsumerTravel & Hospitality

Co-investorsGenesia Ventures

Manettas Seafood Market
Myrobin Id
Nexl
Oscar
Pactsafe
Pollen
Property Gurupropertyguru.com.sg

Co-investorsSquare Peg Capital

Propseller
Roserx
Sharesiessharesies.nzin𝕏

Sharesies is an online investment platform that lets retail customers buy, hold, and sell shares, cryptocurrencies, and managed portfolios, and offers KiwiSaver, savings, and spending accounts.

ConsumerCrypto & Web3Fintech

Co-investorsAmplo VenturesArc AngelsCreative HQ — The IncubatorEven CapitalIcehouse VenturesNZVC+1 more

Showheroes
Slocoach
Stack Wealth
Thoughtfull
Tigerhalltigerhall.comin

Tigerhall is a change management platform that helps organizations drive and track transformation initiatives through automated stakeholder targeting, AI-generated content (podcasts and videos in 30+ languages), and in-workflow engagement.

Enterprise SoftwareFuture of WorkSaaS

Co-investorsTaurus VenturesMonk's Hill Ventures

Trace
Trax

Singapore-based company; Vulpes participated in its Series A round.

Veremarkveremark.comin𝕏

Veremark provides pre-hire background check and employee screening services that help companies verify candidates' qualifications, experience, and background.

HR TechSaaS

Co-investorsGresham House VenturesRed Beard VenturesSalica InvestmentsStage 2 CapitalSamaipata

VUIHOCvuihoc.vn

VUIHOC is an online learning platform in Vietnam offering courses in subjects such as Math and Vietnamese language for primary and secondary school students, taught by experienced teachers.

EdTech

Co-investorsColopl NextDBJ CapitalDo Ventures Management, LlcTNBAura

Vuihoc Vn
Zetariszetaris.comin𝕏

Zetaris offers a data lakehouse platform that lets enterprises query structured, unstructured, and streaming data in place across any environment without duplication or migration, providing a unified, governed layer for AI training, inference, and analytics.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsExto PartnersIn-Q-TelReinventure Group

Zuzuzuzuhospitality.comSep 2025

ZUZU Hospitality provides property management software and revenue management tools for independent hotels, combining automated pricing, distribution across OTAs, and reservation management with human expertise.

PropTechSaaSTravel & HospitalitySingapore, SG

Co-investorsAC VenturesGolden Gate VenturesLatin LeapNSG VenturesWavemaker PartnersZ Venture Capital+2 more

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Vulpes Ventures made?
Vulpes Ventures has 49 tracked investments.
What stage does Vulpes Ventures invest at?
Vulpes Ventures invests at the Seed, Series A, Series B stages.
What is Vulpes Ventures's typical check size?
Vulpes Ventures typically writes checks of $1M – $12M.
What sectors does Vulpes Ventures focus on?
Vulpes Ventures focuses on PropTech, SaaS, Sector Agnostic.
Where is Vulpes Ventures located?
Vulpes Ventures is headquartered in Singapore, SG.
Does Vulpes Ventures lead rounds?
Yes, Vulpes Ventures leads investment rounds.
Who does Vulpes Ventures co-invest with?
Vulpes Ventures most often shares deals with AfterWork Ventures, Arc Angels, Golden Gate Ventures, among 55 tracked co-investors.

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