Predict your next investment

Corporate Venture
innov8.singtel.com

See what CB Insights has to offer

Investments

125

Portfolio Exits

34

Funds

2

Service Providers

1

About SingTel Innov8

Singtel Innov8, the venture capital arm of the Singtel Group, invests in and partners with innovative tech start-ups worldwide. It has a fund size of US$250 million and its own set of decision making, approval and funding processes. Beyond funding, Singtel Innov8 is a gateway for start-ups to tap on the resources and expertise of the Singtel Group, while enabling the Group to gain access to emerging technologies. Singtel Innov8 focuses its investments on technologies and solutions that can lead to quantum changes in network capabilities, next generation devices, digital services and enablers to enhance customer experience. Headquartered in Singapore, Singtel Innov8 also has offices in San Francisco and Tel Aviv.

SingTel Innov8 Headquarter Location

71 Ayer Rajah Crescent #02-22

139951,

Singapore

+65 6838 4686

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest SingTel Innov8 News

WIZ.AI raises US$30 million in funding led by Tiger Global, GL Ventures and Gaorong Capital

Jun 22, 2022

" Artificial Intelligence startup WIZ.AI has announced that it has raised US$30 million in funding. The round was led by Tiger Global, GL Ventures and Gaorong Capital while other investors include Yunqi Partners, Singtel Innov8 and K3 Ventures. Kum Tho Wan, Managing Director - Investments, Asia Pacific, Singtel Innov8 said, “We believe in investing in technology and people to deliver the best possible value and experiences for users, especially our customers. WIZ.AI has the strong capability to improve support and expertise in local conversational language using AI that really listens, understands and speaks like a local.” The 2019-founded startup has developed the Talkbot, which can deliver over 100 million automated customer interactions, with speech pattern recognition, text-to-speech voice customisation, and self-learning extended dialogue management.  The flagship AI is what caught the interest of the investors as it is programmed to converse in English, Malay, Mandarin, Thai, Tagalog, Vietnamese, Bahasa Indonesia and colloquial forms of English such as Singlish and Taglish (a form of Filipino English). With the latest investment, the company plans to expand globally in South-east Asia and Latin America, building out its research and development as well as service teams in those markets. “Our new growth strategy, supported by this latest round of investment, will enable us to further hone our competitive advantages in localising and hyper personalising diverse languages and accents, humanising machines to efficiently solve everyday issues for people,” said Jennifer Zhang, Chief Executive Officer and Co-Founder of WIZ.AI.

SingTel Innov8 Investments

125 Investments

SingTel Innov8 has made 125 investments. Their latest investment was in Wiz Holdings as part of their Series A on June 6, 2022.

CBI Logo

SingTel Innov8 Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/22/2022

Series A

Wiz Holdings

$30M

Yes

1

4/12/2022

Series C

Silverfort

$65M

No

3

3/29/2022

Series B - II

DataMesh

Yes

SIG Asia Investments, and Undisclosed Investors

2

3/1/2022

Series C

Subscribe to see more

$99M

Subscribe to see more

10

11/29/2021

Series B

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/22/2022

4/12/2022

3/29/2022

3/1/2022

11/29/2021

Round

Series A

Series C

Series B - II

Series C

Series B

Company

Wiz Holdings

Silverfort

DataMesh

Subscribe to see more

Subscribe to see more

Amount

$30M

$65M

$99M

$99M

New?

Yes

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

SIG Asia Investments, and Undisclosed Investors

Sources

1

3

2

10

10

SingTel Innov8 Portfolio Exits

34 Portfolio Exits

SingTel Innov8 has 34 portfolio exits. Their latest portfolio exit was Intricately on March 29, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/29/2022

Acquired

$99M

4

3/15/2022

Acquired

$99M

11

10/11/2021

Acquired

$99M

17

10/5/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

6/25/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

3/29/2022

3/15/2022

10/11/2021

10/5/2021

6/25/2021

Exit

Acquired

Acquired

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

4

11

17

10

10

SingTel Innov8 Fund History

2 Fund Histories

SingTel Innov8 has 2 funds, including Innov8 Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/31/2010

Innov8 Fund

Early-Stage Venture Capital

Closed

$152.51M

1

Telkomsel & Singtel Fund

Subscribe to see more

Subscribe to see more

10

Closing Date

12/31/2010

Fund

Innov8 Fund

Telkomsel & Singtel Fund

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Status

Closed

Subscribe to see more

Amount

$152.51M

Sources

1

10

SingTel Innov8 Service Providers

1 Service Provider

SingTel Innov8 has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Counsel

General Counsel

Service Provider

Associated Rounds

Provider Type

Counsel

Service Type

General Counsel

Partnership data by VentureSource

SingTel Innov8 Team

10 Team Members

SingTel Innov8 has 10 team members, including current Chief Executive Officer, Edgar Hardless.

Name

Work History

Title

Status

Edgar Hardless

Chief Executive Officer

Current

William Bao Bean

Managing Director

Current

Michael Kim

Managing Director

Current

Punit Chiniwalla

Senior Director

Current

Sock Koong Chua

Chief Executive Officer

Former

Name

Edgar Hardless

William Bao Bean

Michael Kim

Punit Chiniwalla

Sock Koong Chua

Work History

Title

Chief Executive Officer

Managing Director

Managing Director

Senior Director

Chief Executive Officer

Status

Current

Current

Current

Current

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.