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Ondine Capital

88 Market Street, #21-34, CapitaSpring, Singapore, Central Region, 048948

Overview

Venture capital firm investing in Southeast Asian consumer tech startups.

Founded

2018

Deals ยท 12mo

1

Links

WebsiteLinkedIn

Stage focus

Multi-stage

Geographic focus

Hong Kong
Malaysia
Singapore
United States

Sector focus

Venture Capital

Investment portfolio

6rounds
NAMEDATESIZE
Aboard
May 2026Led
$13 MSeries A
iMotorbike
Jun 2023Led
$3 MSeries A
Love, Bonito
Oct 2021Participated
$50 MSeries C
Carsome
Dec 2020Participated
$30 MSeries D
Snapask
Feb 2020Participated
$35 MSeries B
Carsome
Dec 2019Participated
$50 MSeries C
Aboard
May 2026Led
$13 MSeries A
iMotorbike
Jun 2023Led
$3 MSeries A
Love, Bonito
Oct 2021Participated
$50 MSeries C
Carsome
Dec 2020Participated
$30 MSeries D
Snapask
Feb 2020Participated
$35 MSeries B
Carsome
Dec 2019Participated
$50 MSeries C
6
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Ondine Capital: 6 funding rounds are recorded in the selected participation categories.All available history.
Ondine Capital: 6 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A20
Series B01
Series C+03

Monthly Deal Activity

Ondine Capital: 6 deals are recorded across 83 months.All available history.
Ondine Capital: 6 deals are recorded across 83 months. All available history
MonthDeals
Dec '191
Jan '200
Feb '201
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '201
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '211
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '261
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Ondine Capital: Networks, Cloud & Communication is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Ondine Capital: Networks, Cloud & Communication is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Networks, Cloud & Communication4
E-Commerce & Retail4
Transportation & Logistics4
Consumer & Lifestyle2
Hardware & Robotics1
Education & Workforce1
Manufacturing1
Data, Analytics & IT1

Deal Size Distribution

Ondine Capital: 6 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Ondine Capital: 6 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M0
$10M-$25M1
$25M-$50M2
$50M-$100M2
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Ondine Capital: Malaysia has the largest recorded deal count among the displayed regions (2 deals).All available history.

Top 4 of 4 regions; European countries are grouped as Europe.

Ondine Capital: Malaysia has the largest recorded deal count among the displayed regions (2 deals). All available history
RegionDeals
Malaysia2
Singapore2
Hong Kong1
United States1
Ondine Capital: 20 co-investors are shown, with Asia Partners sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Ondine Capital: 20 co-investors are shown, with Asia Partners sharing 2 recorded deals. All available history
Co-investorShared deals
Asia Partners2
Gobi Partners2
500 Global1
Adastria1
Burda Principal Investments1
Convergence Ventures1
Daiwa PI Partners1
Endeavor Catalyst1
Goodwater Capital1
InterVest1
Kejora Capital1
Llama Venture1
MUFG Innovation Partners1
Penjana Kapital1
Permodalan Negeri Selangor Berhad1
Primavera Capital Group1
Seedstars1
SOSV1
SOSV Chinaccelerator1
The Hive Southeast Asia1

Investment Strategy

Ondine Capital: Led accounts for 33% and participating for 67% of round participation.All available history.
Ondine Capital: Led accounts for 33% and participating for 67% of round participation. All available history
CategoryDeals (count)Share (%)
Led233%
Participating467%
Ondine Capital: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Ondine Capital: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led2100%

Team

Randolph Hsu

Founder

Yen An Cho

Founding and Managing Partner