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The Venture Codex

TH Capital

C-2-3, TTDI Plaza, Jalan Wan Kadir 3, Taman Tun Dr Ismail, Kuala Lumpur, 60000, Malaysia

Overview

TH Capital is a Malaysian based Venture Capital firm with strong South East Asian connections. TH Capital is a platform that empowers and accelerates ventures with capital infusion, business consultancy, strategic mentorship and strong networking opportunities. TH Capital occupies a unique position in the Malaysian funding landscape with a strong focus on technology innovation geared towards nation building activities.

Total investments
5
Lead investments
0
Investments · 12mo
2
Active investors
6

Sector focus

  • Financial Services
  • FinTech
  • Venture Capital
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Investment portfolio

  • Beijing Innovation Center of Humanoid Robotics

    Participated · Equity · Feb 2026

    Founded in 2023 by industry players including Xiaomi, UBTech Robotics and Beijing Jingcheng Machinery Electric, Beijing Innovation Center of Humanoid Robotics focuses on designing, testing and commercializing the Tiangong line of humanoid robots. The center operates a 9,700 m² pilot verification facility in Beijing’s E-Town development zone that currently produces about 2,000 units annually and is targeting an output of 5,000 units. Its Tiangong robots—priced between 299,000 and 779,000 yuan on JD.com—have achieved notable feats such as completing a half-marathon and winning a 100-meter sprint. In January 2026 the center rolled out its 1,000th customized unit, underscoring early traction toward mass production. The organization works with a broad supply-chain ecosystem that includes partners like LY iTech, HHS Robotics, Corenetic AI and Shanghai Ultimate Craftsman Technology. By being designated a national and local joint innovation hub for embodied AI robotics in October 2024, the company enjoys significant policy support. Its long-term goal is to bridge the gap between prototypes and large-scale commercialization of humanoid robots across China.

  • EngineAI Robotics

    Participated · Series A · Dec 2025

    EngineAI Robotics is positioned as a head player in embodied-intelligence humanoid robotics, developing humanoid robots aimed at commercial deployment in vertical scenarios. The company plans to scale applications of its humanoid robots across sectors such as traffic management, government services, and public security. Strategic investors from industry and government-linked funds are backing its commercialization push, reflecting confidence in its technology and market potential. The recent Series B values the company at over RMB 10 billion and provides capital to accelerate scenario-based deployment. Existing shareholders participated in the round, indicating continued investor support as the company advances toward wider commercialization.

  • Igloohome

    Participated · Equity · Jul 2019

    igloohome builds smart access solutions led by CEO Anthony Chow, offering smart locks that let users grant remote access via a mobile app and operate offline without Internet connectivity. The company also sells iglooworks, a dedicated product line for real estate and infrastructure customers, managed via a dashboard that can sort, filter and export data and monitor large numbers of access points. igloohome plans to use new funding for research and development of products and software and to support new and existing distribution partners globally, with focus on Europe, the US and Asia Pacific. It currently has over 100 distribution partners and more than 100 integration partners, and works with property developers such as Sansiri, Mitsubishi and CapitaLand. igloohome is a partner of Airbnb, HomeAway and Booking.com, and sells solutions to both consumer and enterprise customers. The company is headquartered in Singapore. igloohome designs smart access hardware and software, including the Smart Mortise Lock, Smart Deadbolt, and Smart Keybox, that let users grant access via a mobile app. Its products operate offline and do not require an Internet connection. The company says its solutions are used in over 80 countries and it has partnerships with Airbnb and HomeAway. igloohome will use the new funding to develop smart access solutions for commercial projects, with a focus on the hospitality industry and both communal and private spaces. It also plans to accelerate hiring and invest in R&D to expand its consumer product range. The company is led by CEO and co-founder Anthony Chow. Igloohome offers a mobile app that connects to its IglooAccess and IglooSense hardware to let short-term-rental hosts manage virtual keys, monitor check-ins/check-outs, log usage and reduce electricity consumption. The company is led by CEO and co-founder Anthony Chow and is a product of the Dreamit Inside accelerator. It currently operates in Australia, Thailand and Singapore and has a partnership with Airbnb to provide hosts with keyless entry capabilities. Igloohome secured seed funding to accelerate commercialization of its product. The company plans to roll out in the United States in 2016. Financially, the company completed a $1.25M seed round to fund these efforts.

  • G7

    Participated · Equity · Dec 2018

    G7 is an IoT solutions provider serving the traditional road freight industry. The company is based in China. G7 secured an aggregate of $200 million in a new funding round. The round was jointly led by private equity firm Trustbridge Partners and state-backed CS Capital. The article lists those two investors and does not disclose additional participants, operating metrics, valuation, or use of proceeds. No financing instruments or past rounds were specified in the article. G7 runs a proprietary connected platform that links trucks, shippers, fleet managers and drivers to streamline logistics operations. The company says it reaches 60,000 customers and 800,000 commercial vehicles worldwide, and counts 85% of China’s largest logistics providers as clients. It has partnered with industry players such as NIO and Total Energy Ventures to build out connected trucking and energy-related networks. G7 positions artificial intelligence in IoT, intelligent equipment and asset-as-a-service as key areas for future development. The company is eight years old and is using the latest funding to drive technological development across its platform.

  • GoQuo

    Participated · Equity · May 2018

    GoQuo is a Malaysia-based aviation e-commerce company. It is reported to be raising close to $6 million in a funding round. The round is said to be led by Singapore Press Holdings and includes Monk’s Hill Ventures and Kuala Lumpur-based TH Capital. The article also notes Traveloka may join the round. No details on valuation, instrument type, use of proceeds, or operating metrics were disclosed in the coverage. GoQuo provides a full-service e-commerce solution to airlines and online travel agencies (OTAs) to create personalized and inspiring digital shopping experiences. Its platform is designed to increase ancillary revenue from non-air products. Customers include Malaysia Airlines, Lionair, Mihin Lanka, Malindo, Vietnam Airlines and Macau Express, as well as tour operators, car rental companies, hotel chains and insurance providers worldwide. The company was established in 2002 by CEO Ron Ramanan and is based in Kuala Lumpur, Malaysia. GoQuo raised a funding round from venture capital firm Golden Gate Ventures. The company says it will use the funds to continue to expand operations.

Team