VC

Elev8.vc closes $30M deep tech fund to elevate Singapore’s tech innovations

January 28, 2025
Image from Elev8.vc

Hit the next level with Elev8.vc! This Singapore-based VC firm focuses on early-stage deep tech investments. Now, they’ve closed $30M for their latest fund. 

A little more detail. The fund received support from institutional investors, corporate partners in related sectors, family offices, and founders.

  • Steve Chen (co-founder, Youtube), Abhishek Gupta (founder, Circles.Life) and AppWorks also joined in!

🌏 More about the fund

The fund is expected to back 20 to 30 high-potential deep tech startups, with Elev8.vc providing both capital and strategic resources. 

  • Elev8.vc will leverage their network across Asia, Europe, and North America to connect portfolio companies with global markets, talent, and additional investment opportunities. 

🛗 Room for growth

The firm is collaborating closely with research institutions, government agencies, and corporate partners in Singapore to support the local deep tech ecosystem. 

  • The corporate investment arm of the Singapore Economic Development Board, EDBI, is also a strategic partner.

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