Argo
8 Eu Tong Sen Street #17-85 The Central, Singapore, 059818
Overview
Argor Capital is an early stage venture fund focused on the fast growing markets of Southeast Asia.
- Total investments
- 10
- Lead investments
- 3
- Investments · 12mo
- 6
- Active investors
- 4
Sector focus
- Financial Services
Investment portfolio
- Etched.ai
Participated · Equity · Aug 2026
Etched.ai develops rack-scale inference systems and broader frontier inference infrastructure. Since founding, the company has grown to more than 400 employees, hiring over 200 people after its Series B late last year. It has secured more than $1 billion in customer orders and established deep manufacturing and supply-chain partnerships, including opening a factory in Taiwan. Etched is currently validating its first rack-scale inference product with customers. The company’s near-term plans emphasize production, manufacturing scale-up, and deployment of its inference systems, supported by cumulative funding of $800 million.
- Ulisses
Participated · Seed · Jun 2026
Ulisses developed a proprietary, European-patented low-power 2.4 GHz networking technology for IoT tracking aimed at precision, continuity and reliability in industrial and logistics environments. The company started by digitalizing mooring management in Italian recreational ports and has expanded to offer solutions for railways, automated warehouses, advanced logistics and smart parking, including an awarded application for managing yellow-line and reserved parking. The team completed R&D and secured patent protection prior to this seed round, which the company says validates its engineering approach and readiness to scale. The CEO is Mattia Tartaglia and the company is based in Milan. Ulisses recently received recognition at the IoMobility Awards 2026 for one of its smart parking applications.
- Octen
Participated · Seed · Apr 2026
Octen builds a proprietary, ultra-large-scale distributed search engine designed for generative AI applications, offering a real-time, LLM-native search API used by AI agents, chatbots, research assistants, and autonomous applications. Its deployed system reportedly delivers ~60ms average response time, minute-level data updates, supports over 1 million queries per second (QPS) at production scale, and maintains a multi-language index covering the web. The company operates dual engineering hubs in San Francisco and Singapore and is led by founder and CEO Kuan Zou. Octen is in an invitation-only beta to test with design partners across the GenAI ecosystem. Following its $10M seed, Octen is scaling its globally distributed server architecture and growing engineering and developer relations teams.
- Intuos
Led · Equity · Feb 2026
Intuos is an Italian aviation-technology startup developing a two-part platform for flying clubs, flight schools and other non-commercial aviation operators. Its Manager module digitises the entire operational workflow—from flight planning and crew scheduling to fleet maintenance—within a single dashboard. Complementing this, the InFlight Data Monitoring system uses proprietary IoT devices to stream real-time telemetry and engine-performance data, enabling continuous monitoring, anomaly detection and pilot performance analytics without manual downloads. The company holds two patents (one internationally extended) that cover the integrated hardware-software architecture. By unifying in-flight data with ground operations, Intuos aims to reduce data redundancy, enhance safety and boost operational efficiency for small aircraft fleets. The fresh capital injection will finance completion of key technology milestones and support early expansion efforts in the United States. To date, Intuos has raised €720,000, although no revenue or user metrics have been disclosed.
- AI Hay
Led · Series A · Oct 2025
AI Hay develops a consumer application that delivers precise searches and responses through proprietary artificial-intelligence models tuned to local language and cultural needs. The app has surpassed 10 million downloads and now manages more than 100 million user queries every month, demonstrating strong market adoption and engagement. Cited by StartupBlink’s 2026 report as one of the ten leading startups in Ho Chi Minh City, the company has quickly become a reference point for Vietnam’s AI ecosystem. Management intends to leverage its growing user base and fresh capital to deepen product capabilities and expand reach within emerging markets. Its business model centers on software and applied AI, positioning the company at the intersection of consumer tech and localized information services. Backed by new institutional funding, AI Hay plans to accelerate growth while exploring additional monetization channels.