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Atlas Ventures

Asia, Central Region, Singapore, Singapore

Description

Atlas Ventures is an early-stage venture capital fund headquartered in Singapore, with a primary focus on high-growth technology companies across the vibrant Southeast Asian ecosystem. Established as the corporate venture arm of Singapore Press Holdings (SPH), it has played a significant role in fostering innovation within the region. The firm targets promising startups across various sectors, demonstrating a broad investment mandate that includes fintech, SaaS, e-commerce, artificial intelligence, Web3, and deep tech solutions. Its strategic location in Singapore allows it to tap into a robust network of founders and co-investors in one of Asia's leading innovation hubs.

The firm launched its inaugural fund, Atlas Ventures Fund I, with a capital commitment of S$30 million, equivalent to approximately US$22 million. This initial fund was instrumental in establishing Atlas Ventures as a key early-stage investor in Southeast Asia. The fund's strategy has historically centered on providing crucial seed and Series A capital to startups poised for significant growth. While initially closely tied to SPH, Atlas Ventures has evolved, maintaining its focus on identifying and nurturing disruptive technologies.

Atlas Ventures has built a notable portfolio of companies that have gone on to achieve significant milestones. Among its prominent investments are ShopBack, a leading cashback rewards platform; Carousell, a popular consumer-to-consumer marketplace; and 99.co, a prominent property portal. Historically, the firm's typical first cheque sizes ranged from S$250,000 to S$1 million, which translates to approximately US$185,000 to US$740,000 based on historical exchange rates. This investment range underscores its commitment to supporting companies in their formative stages, providing the necessary capital to scale operations and expand market reach across the region.

Atlas Ventures continues to be an active participant in the Southeast Asian venture landscape, leveraging its experience and network to support the next generation of tech innovators. Its long-standing presence and strategic investments highlight its dedication to contributing to the region's burgeoning digital economy.

Investor Profile

Atlas Ventures has backed more than 26 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 12% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, Philippines.
  • Strong thematic focus on Biotechnology, Health Care, Apps.
  • Typical check size: $185K – $740K.

Stage Focus

  • Series A (31%)
  • Series B (27%)
  • Seed (27%)
  • Series C (4%)
  • Series Unknown (4%)
  • Series F (4%)
  • Pre Seed (4%)

Country Focus

  • United States (42%)
  • Singapore (27%)
  • Philippines (8%)
  • Pakistan (8%)
  • India (8%)
  • Russian Federation (4%)
  • United Kingdom (4%)

Industry Focus

  • Biotechnology
  • Health Care
  • Apps
  • Fintech
  • Information Technology
  • Medical
  • Gaming
  • Mobile
  • Financial Services
  • E-commerce
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Atlas Ventures frequently co-invest with?

Access Biotechnology
North America, New York, United States, New York
Co-Investments: 2
Pfizer Venture Investments
North America, New York, United States, New York
Co-Investments: 2
JF
North America, California, United States, Los Angeles
Co-Investments: 2
EM
North America, New York, United States, New York
Co-Investments: 3
RA Capital Management
North America, Massachusetts, United States, Boston
Co-Investments: 2
6 Dimensions Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 2
Bessemer Venture Partners
North America, California, United States, San Francisco
Co-Investments: 2
BEENEXT
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
Fatima Gobi Ventures
Asia, Punjab, Pakistan, Lahore
Co-Investments: 2
Flagship Pioneering
North America, Massachusetts, United States, Cambridge
Co-Investments: 2

Which angels does Atlas Ventures often collaborate with?

TR
North America, California, United States, San Francisco
Shared Deals: 1
OD
North America, California, United States, Oakland
Shared Deals: 1
JR
North America, United States
Shared Deals: 1
AO
North America, California, United States, San Francisco
Shared Deals: 1
Asif Keshodia
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 1
David Marcus
North America, California, United States, San Francisco
Shared Deals: 1
SA
North America, California, United States, San Francisco
Shared Deals: 1
JS
North America, California, United States
Shared Deals: 1
IA
North America, California, United States, San Francisco
Shared Deals: 2
Lev Leviev
Asia, Tel Aviv, Israel, Tel Aviv
Shared Deals: 1

What are some of recent deals done by Atlas Ventures?

Mariana Oncology

Watertown, Massachusetts, United States

Mariana Oncology is a biotechnology research industry.

BioinformaticsBiometricsBiopharmaBiotechnologyOncology
Series BSep 7, 2023
Amount Raised: $175,000,000
Jenfi

Singapore, Central Region, Singapore

Jenfi is a financial technology company that provides revenue-based financing and analytics to digital native businesses in Asia.

AnalyticsBusiness DevelopmentFinancial ServicesFinTechLendingSaaS
Series BMay 16, 2023
Amount Raised: $6,600,000
PHINXT Robotics

London, England, United Kingdom

PHINXT Robotics enables warehouses of any size to deploy autonomous robots as needed, with no expertise required.

RoboticsWarehouse AutomationWarehousing
Pre SeedJan 31, 2023
Amount Raised: $748,351
MAYANI

San Juan, Manila, Philippines

The Philippines' fastest-growing farm-to-table platform connecting over 60,000 smallholder farmers to consumers, both retail and commercial

AgTechE-Commerce PlatformsFarmingInformation Technology
SeedJan 17, 2023
Amount Raised: $1,700,000
PriceOye

Islamabad, Islamabad, Pakistan

PriceOye is an eCommerce platform that allows users to compare prices for consumer electronics products.

E-CommerceInternetPrice Comparison
SeedAug 29, 2022
Amount Raised: $7,900,000
Potato Play

Singapore, Central Region, Singapore

Potato Play is a Singapore-based publisher turning mobile games from Asia into worldwide hits.

Casual GamesGamingMobileOnline Games
SeedFeb 24, 2022
Amount Raised: $5,000,000
GoComet

Singapore, Central Region, Singapore

GoComet is a leading vertical SaaS solution dedicated to the digital transformation of the freight supply chain for enterprises

Enterprise SoftwareFreight ServiceLogisticsSaaSSoftware
Series AFeb 8, 2022
Amount Raised: $7,000,000
Mariana Oncology

Watertown, Massachusetts, United States

Mariana Oncology is a biotechnology research industry.

BioinformaticsBiometricsBiopharmaBiotechnologyOncology
Series ADec 1, 2021
Amount Raised: $75,000,000
Udhaar Book

Karachi, Sindh, Pakistan

Udhaar App is an online ledger that helps manage credit (Udhaar) with customers and suppliers.

AppsFinancial ServicesFinTech
SeedNov 8, 2021
Amount Raised: $6,000,000
Ackcio

Singapore, Central Region, Singapore

Ackcio builds real-time, reliable, wireless, monitoring solutions for industrial applications.

Communications InfrastructureConstructionWireless
Series ASep 16, 2021
Amount Raised: $2,972,873