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Ondine Capital

Asia, Central Region, Singapore, Singapore

Description

Ondine Capital engages in venture capital type investment activities in Southeast Asia.

Investor Profile

Ondine Capital has backed more than 11 startups, with 1 new investments in the last 12 months alone. The firm has led 2 rounds, about 18% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series C rounds (top funding stages).
  • Majority of deals are located in Indonesia, Malaysia, Singapore.
  • Strong thematic focus on Automotive, E-Commerce, Shopping.

Stage Focus

  • Series A (27%)
  • Seed (27%)
  • Series C (18%)
  • Series B (9%)
  • Pre Seed (9%)
  • Series D (9%)

Country Focus

  • Indonesia (45%)
  • Malaysia (27%)
  • Singapore (18%)
  • China (9%)

Industry Focus

  • Automotive
  • E-commerce
  • Shopping
  • Marketplace
  • E-commerce Platforms
  • Battery
  • Clean Energy
  • Internet
  • Logistics
  • Artificial Intelligence (Ai)
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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 Ondine Capital frequently co-invest with?

MUFG Innovation Partners
Asia, Tokyo, Japan, Tokyo
Co-Investments: 1
Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 1
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 2
500 Global
North America, California, United States, San Francisco
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Gobi Partners
Asia, Kuala Lumpur, Malaysia, Kuala Lumpur
Co-Investments: 3
Convergence Ventures
Asia, Jakarta Raya, Indonesia, Jakarta
Co-Investments: 1
Daiwa PI Partners
Asia, Tokyo, Japan, Tokyo
Co-Investments: 1
GGV Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Goodwater Capital
North America, California, United States, Burlingame
Co-Investments: 2

Which angels does Ondine Capital often collaborate with?

JD
North America, California, United States, San Francisco
Shared Deals: 1
JT
Asia, Singapore
Shared Deals: 1

What are some of recent deals done by Ondine Capital?

Zero One Auto

Taicang, Jiangsu, China

Zero One Auto is a new energy-efficient heavy-duty truck developer company.

Autonomous VehiclesElectric VehicleManufacturing
Series AJul 23, 2025
Amount Raised: $69,804,130
iMotorbike

Singapore, Central Region, Singapore

iMotorbike.com: #1 Motorcycles Marketplace | Buy and Sell Motorcycles in a fast, safe and secure way.

AutomotiveE-CommerceInternetMarketplace
Series AJan 21, 2025
Amount Raised: $10,000,000
Swap

Penjaringan, Jakarta Raya, Indonesia

Swap is a e-mobility start-up that offers swappable battery product for e-motorcycles.

AutomotiveBatteryClean Energy
Series AJan 2, 2024
Amount Raised: $22,000,000
iMotorbike

Singapore, Central Region, Singapore

iMotorbike.com: #1 Motorcycles Marketplace | Buy and Sell Motorcycles in a fast, safe and secure way.

AutomotiveE-CommerceInternetMarketplace
Series AJun 27, 2023
Amount Raised: $2,571,796
Swap

Penjaringan, Jakarta Raya, Indonesia

Swap is a e-mobility start-up that offers swappable battery product for e-motorcycles.

AutomotiveBatteryClean Energy
SeedApr 1, 2023
Amount Raised: $7,200,000
Whiz

Grogolpetamburan, Jakarta Raya, Indonesia

Whiz is a finance application that provides the right financial literacy.

Financial ServicesFinTechMobile Apps
Pre SeedMay 12, 2022
Sayurbox

Jakarta, Jakarta Raya, Indonesia

Sayurbox is an online shopping platform that offers fresh local vegetables, fruits, and meat for a healthy lifestyle.

AgricultureE-CommerceFarmingLogisticsShopping
Series CMar 21, 2022
Amount Raised: $118,533,393
Crewdible

Tangerang, Jawa Barat, Indonesia

Crewdible is a micro-warehousing start up.

Information ServicesInformation TechnologyLogistics
SeedAug 12, 2021
Carsome

Petaling Jaya, Selangor, Malaysia

Carsome is a used car e-commerce platform that provides efficient car selling services to individuals and entities.

AutomotiveE-CommerceE-Commerce PlatformsShopping
Series DDec 8, 2020
Amount Raised: $30,000,000
Borong

Kuala Lumpur, Kuala Lumpur, Malaysia

Borong (formerly known as Dropee) is a B2B eCommerce solution provider that enables businesses to buy and sell in bulk online.

B2BE-CommerceMarketplaceProcurementRetail TechnologySaaSSmall and Medium Businesses
SeedJul 20, 2020
Amount Raised: $1,300,000