Monk’s Hill Ventures

Monk’s Hill Ventures (MHV) is a prominent venture capital firm based in Singapore, dedicated to investing in early-stage technology startups across Southeast Asia. Founded by seasoned entrepreneurs Peng T. Ong and Kuo-Yi Lim, the firm operates on the principle of "entrepreneurs backing entrepreneurs," aiming to leverage their extensive operational experience to support portfolio companies. MHV primarily targets companies in sectors undergoing significant digital transformation, including B2B SaaS, fintech, logistics, and enterprise software, seeking scalable business models that address large market opportunities within the region.

MHV typically invests from Seed to Series B stages, providing not just capital but also strategic guidance and access to a robust network. Their initial cheque sizes generally range from US$1 million to US$5 million, reflecting their commitment to early-stage growth. The firm has progressively increased its capital deployment capacity, launching its third fund in 2022 with a substantial close of US$200 million. This latest fund underscores their continued confidence in the burgeoning Southeast Asian tech ecosystem and their ability to identify and nurture high-potential ventures.

Beyond financial investment, Monk’s Hill Ventures emphasizes a hands-on approach, offering operational support, talent acquisition assistance, and market expansion strategies to its portfolio companies. Their deep understanding of the regional market dynamics and the challenges faced by startups allows them to be a value-added partner. With a strong focus on empowering local founders and fostering innovation, MHV plays a crucial role in shaping the future of technology and entrepreneurship across countries like Indonesia, Vietnam, Thailand, and the Philippines, contributing significantly to the region's digital economy.