About EDBI
EDBI is a venture capital firm founded in 1991. It is primarily based out of Singapore, Singapore. As of Aug 2026, EDBI is an active investor, having invested in 257 companies, with 10 new investments in the last 12 months. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and High Tech. Most recently it participated in the $***** Series C round of Lumilens Overall, EDBI portfolio has seen 31 unicorns, 42 IPOs and 67 acquisitions including key companies like Grab, DocuSign and Carta. A lot of funds co-invest with EDBI, with names like Pavilion Capital Partners sharing a substantial percentage of its portfolio. EDBI has team of 45 people including 12 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series B & 10 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
EDBI's List of Top Investments
EDBI has a portfolio of 257 companies, including 31 unicorns. Their most notable investments are in Taulia and Ooyala.Their portfolio spans across United States, Singapore, China and 17 more locations. They have invested in Enterprise Applications, Life Sciences, High Tech and 33 other sectors, across stages such as Series C, Series B and 10 more. Here is the list of top investments by EDBI:1. Grab
Operator of a platform providing ride-hailing, food delivery, and payment services. The platform offers options for transportation, on-demand delivery, and various financial solutions. It facilitates connections between consumers, drivers, and merchants. The platform also provides tools and resources for business and enterprise clients.
Key facts about Grab
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $10.4B
- Employee Count: 56,187 as on May 31, 2026
- Investors: Glean Management, Toyota and 108 Others
- Latest Funding Round: Post IPO, Jul 27, 2021, $*****
- Highlight: Public
2. DocuSign
Provider of electronic signature and intelligent agreement management platform solutions. The platform offers tools for contract lifecycle management, agreement preparation, and agreement workflow automation. It provides features such as electronic notarization, web forms, and multi-channel delivery options. The platform extends its capabilities through integrations, APIs, and a mobile application.
Key facts about DocuSign
- Founded Year: 2003
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Jan 31, 2026
- Stage: Public
- Total Funding till date: $520M
- Employee Count: 8,503 as on Jun 30, 2026
- Investors: HTIF, Glynn Capital and 90 Others
- Latest Funding Round: Post IPO, Jul 20, 2020, $*****
- Highlight: Public
3. Carta
Software-based equity management solutions. It offers features solutions for valuation, equity planning, transfer agents, electronic securities, scenario modeling, fund administration, portfolio data collection, and more. It offers solutions to multiple sectors including private companies, investors, and public companies. It also offers ESOP management solutions.
Key facts about Carta
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $1.16B
- Employee Count: 2,243 as on Jun 30, 2026
- Investors: Meritech, Silver Lake and 137 Others
- Latest Funding Round: Series G, Aug 13, 2021, $*****
- Highlight: Editors' Pick
4. Traveloka
Online retailer of worldwide flights, hotels, activities, and travel deals. It provides a platform for booking accommodations, transportation, and various activities. The platform offers options for flights, hotel stays, car rentals, and airport transfers. It also features travel articles and information.
Key facts about Traveloka
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: $50M - $100M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $1.02B
- Employee Count: 3,304 as on May 31, 2026
- Investors: GIC, EDBI and 15 Others
- Latest Funding Round: Conventional Debt, Sep 29, 2022, $*****
- Highlight: Editors' Pick
5. Carousell
Online marketplace platform offering multi-category second-hand products. The product catalog includes fashion, stationery, gadgets, home appliances, furniture, food supplies, pet supplies, sports equipment, and more. It also provides job, home services, lifestyle services, and more. The application is available on both iOS and Android platforms.
Key facts about Carousell
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: $100M - $500M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $376M
- Employee Count: 1,232 as on May 31, 2026
- Investors: EDBI, 500 Global and 20 Others
- Latest Funding Round: Series E, Sep 04, 2023, $*****
- Highlight: Editors' Pick
EDBI's Year-on-Year Investment Trends
EDBI has invested in 257 companies over the last 26 years, with an average of 12 new investments annually in the last 10 years. In 2025, it made 12 investments, while as of Aug 2026, it has made 8 investments in this year. Its most recent first time investment was in Lumilens and most recent follow-on round was in Nuevocor.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 8 | 0 | 8 |
2025 | 11 | 1 | 12 |
2024 | 8 | 0 | 8 |
2023 | 5 | 5 | 10 |
2022 | 13 | 8 | 21 |
2021 | 19 | 7 | 26 |
2020 | 13 | 5 | 18 |
2019 | 14 | 2 | 16 |
2018 | 15 | 1 | 16 |
2017 | 9 | 1 | 10 |
EDBI's Investments by Stage
EDBI is primarily an Late Stage Investor investor majorly investing in Series C (43) rounds where average round size is $4.31B, Series B (39) rounds where average round size is $2.99B and Series A (31) rounds where average round size is $1.21B.Stage of entry | No. of Investments |
|---|---|
Series C | 43 |
Series B | 39 |
Series A | 31 |
Series D | 26 |
Series E | 13 |
Others | 22 |
Note: We have considered here, only first round of investments
EDBI's Investments by Sector
EDBI has a diverse portfolio, with companies operating in the Enterprise Applications, Life Sciences, High Tech, FinTech and HealthTech. Notably, it has invested in 216 Tech companies, 199 Enterprise (B2B) companies, 110 Software companies and at least 59 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 69 |
Life Sciences | 46 |
High Tech | 44 |
FinTech | 27 |
HealthTech | 18 |
Others | 199 |
Note: We have considered here, only first round of investments
EDBI's Investments by Geography
EDBI has made most investments in United States (103), followed by Singapore where it has made 42 investments.Country | No. of Investments |
|---|---|
United States | 103 |
Singapore | 42 |
United Kingdom | 6 |
China | 4 |
India | 4 |
Others | 16 |
Note: We have considered here, only first round of investments
EDBI's recent investments
EDBI has made 8 investments in 2026 so far. Lumilens and Horizon Three AI are the latest among them.Here are the most recent investments by EDBI:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 06, 2026 | United States | Series C | 1857 | [+16] | |
Aug 03, 2026 | United States | Series E | 8636 | [+11] | |
May 05, 2026 | Singapore | Series B | 1094 | - | |
May 01, 2026 | United States | Series C | 9100 | [+1] | |
Apr 02, 2026 | United States | Series C | 2262 | [+9] |
Unicorns in EDBI's Portfolio
EDBI has 31 unicorns in its portfolio - Horizon Three AI, ShopBack, Iterative Health and others. The most recent unicorn in their portfolio is Horizon Three AI. It became a unicorn in 2026.Here is a list of unicorns in EDBI's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
59 | Cloud based pentesting platform | 2019 | San Francisco | Series E | ied{hpo | ||
79 | Online platform providing cashback rewards, coupons, and promo codes for purchases | 2014 | Singapore | Series F | goqnjix | ||
60 | Provider of AI-based device for endoscopic images of gastroenterological diseases | 2017 | Cambridge | Series C | {vdfsji | ||
64 | Developers of digital-in memory compute engine for efficient AI processing | 2019 | Los Altos | Series C | xszxurh | ||
74 | Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions | 2016 | Singapore | Series D | axcandt |
IPOs and Publicly Listed companies in EDBI's Portfolio
42 of EDBI's portfolio companies have become public. Ambiq got listed on the New York Stock Exchange (NYSE), in Jul 2025 at marketcap of $409M and Mirxes got listed on the Hong Kong Exchanges (HKG) at marketcap of $821M.Here are EDBI's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 30, 2025 | Sep 26, 2018 | Series E | 3956 | |
May 23, 2025 | Jul 10, 2021 | Series C | 7181 | |
Apr 11, 2022 | - | - | 6928 | |
Mar 02, 2022 | Feb 28, 2020 | Series C | 9783 | |
Dec 01, 2021 | - | - | 2133 |
Acquired companies in EDBI's Portfolio
67 companies from EDBI's portfolio have been acquired. The most recent acquisition was Greenwave Systems in Jun 2026 by AXON Networks for $*****.Here are EDBI's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 09, 2026 | Jan 05, 2016 | Series C | 3252 | |
May 27, 2026 | Jan 21, 2022 | Series C | 4457 | |
Dec 24, 2025 | - | - | 6428 | |
Dec 23, 2025 | Aug 09, 2019 | Series D | 7414 | |
Jun 16, 2025 | Jun 01, 2021 | Series C | 6541 |
Team profile of EDBI
EDBI has a team of 45 members including 12 Partners and 8 Principals located in Singapore and United States. EDBI's team sits on the board of 4 companies.Here is a list of top team members in EDBI:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | Pearson, Tata Communications and 4 more | - | |
Partner | Singapore | |||
Partner | Singapore | - | ||
Partner | Singapore | - | - | |
Partner | Singapore | - | - | |
Partner | Singapore | - | - | |
Partner | Singapore | - | - | |
Partner | Singapore | - | ||
Partner | - | - | - | |
Partner | Singapore | - | - |
Co-investors of EDBI
Over the past 26 years, 1691 investors have co-invested in EDBI's portfolio companies. This includes funds and angels.
- Invested before EDBI: New Enterprise Associates, Kleiner Perkins and 825 others have invested in rounds before EDBI. There are 8 companies where New Enterprise Associates has invested before EDBI and 8 companies where Kleiner Perkins has invested before EDBI.
- Top Co-investors of EDBI: 462 investors entered a company along with EDBI. These include investors like Pavilion Capital Partners (8 companies).
- Invested after EDBI: A total of 402 investors have invested in EDBI's portfolio after their investments. Top Investors include SoftBank Vision Fund (7 companies), J P Morgan (5 companies) and HSBC (4 companies).
Recent News related to EDBI
•
Horizon3 Raises $250 Million for AI-Driven Cyber DefensePYMNTS.com•Aug 04, 2026•Horizon Three AI, Nea, NightDragon, New Enterprise Associates and 10 others
•
•
Adani, Jabil plan AI data centre hardware manufacturing platform in IndiaBusiness Line•Jun 15, 2026•Jabil, Adani Group, Adani Enterprises, AdaniConneX and 13 others
•
Cathie Wood's ARK Invest Joins Cellares' $277 Million Series Dtimesargus.com•Jun 09, 2026•Cellares, ARK Investment Management, Willett Advisors, Eclipse and 4 others
•
Thailand’s Amity nets $100m, to launch R&D center in SingaporeTech in Asia•Mar 25, 2026•amity, SMDV, Asia Partners, EDBI and 1 other
•
CesiumAstro Closes $470M in Series C Capital for Rapid U.S. Growth in 2026Business Wire•Feb 02, 2026•Trousdale Ventures, Woven Capital, NewSpace Capital, Development Bank of Japan and 10 others
•
Cellares Raises $257M to Fund Global Expansion, Eyes 2027 IPOEndpoints•Jan 28, 2026•Cellares, Eclipse, BlackRock, Eclipse and 8 others
•
Antheia Announces Additional $24M Series CMassinvestor•Jan 27, 2026•AFF, Global Health Investment, Antheia, EDBI and 1 other
•
d-Matrix Closes $275M Series C Funding, Bringing Total Raised to $450MHpcwire•Nov 13, 2025•d-Matrix, Mirae Asset, Qatar Investment Authority, M12 and 12 others
•
Hydroleap Secures $4.75M Funding to Expand Sustainable Water Technologies in APACPR Newswire•Jul 30, 2025•Wohhup, Hydroleap, Antares Capital, EDBI
