Early Stage Venture Fund (ESVF)
Early Stage Venture Fund (ESVF) is a state-run fund helping small high-tech companies in Singapore grow through co-investments by the Singapore government and local private-sector players – Jungle Ventures, Tembusu Partners, Monk’s Hill, and Walden International. The fund brings in venture capital firms to help grow the ecosystem by matching VC investments in early-stage tech startups on a 1:1 basis. The fund has invested nearly USD 74 million into Singapore-based startups. Success stories include HungryGoWhere, Ninja Van, Brandtology and YFind.