PURPOSE VENTURE CAPITAL
We help founders and entrepreneurs to create their unique paths to success.
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INVESTING IN SUSTAINABLE TECH
We are supporting founders to build sustainable and profitable tech businesses through purpose-aligned capital.
We are looking for innovative solutions that will advance the UN Sustainable Development Goals (SDGs).
While we only invest in a handful of companies a year, it means we can focus supporting those who we believe really have the team and drive to succeed.
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LEADERSHIP TEAM
Your partners in your impact entrepreneurial journey
SHARON SIM
Co-Founder, General Partner, Purpose Venture Capital
CEO & Co-Founder Aries Investment Management | Co-Founder & CFO Coterie Concepts | Private Equity | Former senior private banker roles at Citi Private Bank, J.P. Morgan and UBS | Former senior Capital Market roles at Barclays, Lehman Brothers and Nomura.
SERTAC YELTEKIN
Co-Founder, General Partner, Purpose Venture Capital
Founder & Managing Director, Zingforce Ventures | Co-Founder & Deputy Chair, Etkiyap - the first impact investing platform in Turkey | Former COO at Institor Partners, SVP at Unicredit and Management Consultant at Bain & Co.
VON LEONG
Co-founder, General Partner,
Purpose Venture Capital
Board/Advisory Committee, National Youth Fund, UNEP Digital Environmental Sustainability and Co-Chair of AmCham Singapore Small & Medium Enterprises | Former Chief Digital Health Marketplace at IHiS, Healthtech agency for Singapore Government| Former VP, Regional Director APAC & Digital Transformation Leader at Kelly Services, AON and IBM.
OUR ADVISORY BOARD
As Purpose Venture Capital aims to support early stage tech businesses in Asia to deliver on UN SDGs, our distinguished and diverse advisory board will provide critical insights and network to help us to drive our purpose forward.
CHONG CHIET PING
Chiet Ping is a seasoned Deep Tech venture investor since 2010. She was also an early investor & served on the board of Razer Inc from 2007 to 2014. Currently she is an independent director of Ascendas Fund Management. As the former SVP Operations for HP, Asia Pacific. Chiet Ping's deep insights into how businesses can be run in APAC especially in China and India will create immense value for our portfolio companies.
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JOHN J. DOYLE III
John is an experienced investment professional with several decades of experience. He was the Chief Investment Officer of UOB Asset Management, instrumental in the development and design of the investment processes deployed. Currently he is an independent consultant and advisor to private equity firms, family offices and corporations. John's experience will help us to formulate risk mitigation and funding strategies for our portfolio companies.
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PHILIP SKEVINGTON
Philip is the Managing Director of Kinvara Advisors and is an investor in early stage fintech companies. He is a former Partner and investment committee member at PAG, one of the largest Asia-focused alternative investment managers and has previously served as a Non-Executive Director of Vietnam Eximbank and VinaCapital's Vietnam Opportunity Fund. Throughout his career in financial services, Philip has held a number of senior risk management roles and his deep expertise will help us to create more risk-adjusted growth options for our portfolio companies.
CHENGYI LIN, PH.D.
Chengyi is Affiliate Professor of Strategy at INSEAD and a leading expert on digital transformation with a doctorate degree in neurobiology and stem cell research. He serves as an advisory board member for Sanofi CHC and a member of the European Executive Council. Chengyi has been featured on Forbes, Business Insider, EuroNews etc. He also actively mentors entrepreneurs and digital start-ups.
EU YEN TAY
Eu-Yen is a lawyer and entrepreneur. Founded The Butter Factory Group and Coterie Concepts. She is currently Of-Counsel at Providence Law Asia, focusing on food industry technology, virtual entertainment, and innovative forms of hospitality. Eu-Yen also guides companies to establish corporate sustainability compliance and contribution protocols. She has been featured in Tech in Asia, The Peak, Business Times & MoneyFM for her entrepeneurial success and legal expertise.
JEONG HOON (JAY) HA
Jay, a passionate venture and private equity investor, is currently the CEO and Founder of RBTG, one of the leading K-beauty distribution companies in China. He is also a co-founder of Persona Media, leading digital marketing and AdTech companies in South Korea. Jay was formerly Head of Korea for the Chinese ecommerce platform Xiaohongshu 小红书 (known as RED). He will help our portfolio companies to create new business development
and market opportunities especially in
China and South Korea.
EUGENE YEO
Eugene is a seasoned entrepreneur with business experience across Asia Pacific. As the former COO/CIO at MyRepublic, he was pivotal in driving the growth of a small startup to a regional telco player with over US$150M in annual turnover. He has deep experience across software engineering practices, and has constantly been featured as a thought leader in the IT and Telco industries. He was a finalist in TM Forum’s global CIO of the year award, ranking top 5 amongst his peers. Eugene is passionate about blockchain and cyber security. He will help our portfolio companies establish strong technical and business foundations.
NICOLAS HURAS
Nicolas, an experienced leader in asset management, fintechs and impact investing across Europe and Asia, chairs the Digital Innovation Committee of Investment Management Association of Singapore IMAS. He has served as a senior director in leading Banks and Asset Managers, a Partner at a fund administration boutique and created an impact advisory firm in Switzerland focusing on Venture Philanthropy in 2012. He brings a wealth of experience skilled in linking traditional finance to impact investing and venture philanthropy for our portfolio companies and investors.
TRACK RECORD
We are actively growing our portfolio and our team has invested in fintech, food/agri tech, health-tech and edutech sectors globally
LARGEST PROPTECH IN UAE & INDIA
EDUTECH IN AFRICA
FINTECH IN AFRICA & US
FOODTECH IN ASIA
FOODTECH IN SINGAPORE
FINTECH IN SINGAPORE
BLOCKCHAIN TECH IN US
ECOMMERCE IN SOUTH KOREA & CHINA
PROPTECH IN TURKEY
PROPTECH IN TURKEY
RETAIL TECH IN US
PETCARE TECH IN SPAIN
CYBERSECURITY IN SOUTH KOREA
FINTECH IN TURKEY
LONGEVITY BIOTECH IN SWITZERLAND
MEDICAL FINTECH IN US
MEDTECH IN SINGAPORE & US
AGRITECH IN US
GLOBAL BIOTECH IN GERMANY & US
DIGITAL PET HEALTHCARE IN ASIA
NEWS
COVER STORY AT THE PEAK :
CHANGING THE WORLD WITH
PURPOSE VENTURE CAPITAL
Our General Partner Sharon Sim shared her perspectives to The Peak magazine on investing, sustainability, social impact, entrepreneurship and F&B in Singapore. The March 2021 cover story is part of the Dealmakers series at this prestigious luxury lifestyle magazine for Singapore's entrepreneurs, professionals and C-suite executives.
THE FUTURE OF PURPOSE - KEYNOTE AT THE PURPOSE KONFERENCE IN MUNICH
Our General Partner Von Leong was invited to deliver a ten minute key note closing speech at the Purpose Konference , part of the Big & Growing Festival in Germany on 19th November 2020. She focused on demonstrating with examples from Asia and Europe that there is Power in Purpose. Von highlighted the disparities exacerbated by the K shaped economic recovery during COVID-19.
She encouraged the audience to start a purpose-driven business, to change the way they are consuming and investing and invite business leaders to collaborate, digitalise and incorporate ESG priorities into their strategies, business models and operations. The Future of Purpose is positive as we can contribute to a prosperous, inclusive and sustainable future for all.
THE CONDITIONS FOR SUCCESS IN SINGAPORE – AND BEYOND IN THE DIALOGUE REVIEW.
Our General Partner Sertac Yeltekin was invited to share his views on Singapore's startup ecosystem in the official leadership and management journal of Duke Corporate Education, Fall 2020. One month before Purpose Venture Capital was born. This March 2021 published article focused on Singapore showing that government, corporations and start-ups all have a role in driving digital transformation across society.
PURPOSE VENTURE CAPITAL INVESTS IN ZUMVET - MAY 2021
It is our focus to support entrepreneurs who wish to develop a better future for all. At the core for us is SDG 3: Good Health and Well-Being. Research demonstrates the positive effects of pet ownership on chronic illness recovery and prevention and evidence suggesting pets can be beneficial in treating mental illness. As pet populations rise around the globe, it is essential that societies ensure the necessary veterinary care is available to ensure these pets are well-cared for and safeguarded against illness.
With just 2.3% of VC funding to women-led startups, it is certainly our intent to back more female founders (SDG 5: Gender Equality) while promoting responsible consumption (SDG12). We are excited by the growth potential of the petcare market that is projected to reach USD325.74 billion by 2028 and ZumVet is well positioned to deliver better and more that can improve how we care for our companion animals.
"LEADERS OF PURPOSE" WEBINARS
Starting from March 24th 2021 Purpose Venture Capital will start a "Leaders of Purpose" discussion series where we will invite investors, entrepreneurs and thought leaders to address the global challenges we face, including poverty, inequality, food security, climate change and environmental degradation. As a member of the startup ecosystem, we like to play a small part in developing sustainable solutions to the world's biggest problems.
WOMEN OF PURPOSE
The campaign theme for International Women's Day this year is #choosetochallange. Three women Leaders of Purpose shared their insights and perspectives on leadership, pushing boundaries and how they challenge and address gender bias and prejudices. Speakers: Sharon Sim, Karen Tok and Li Choo Kwek-Perroy. Moderator: Sertac Yeltekin.
FAMILY OFFICES INVESTING FOR
A BETTER FUTURE
Three Leaders of Purpose from family offices and business families sector shared their insights and perspectives on what matters to family offices, investing sustainably for future generations and why family offices are investing in early stage tech companies. With speakers: Professor Annie Koh, Serena Wong and Wouter Kneepkens. Moderator: Sertac Yeltekin.
THE FUTURE OF TECH VENTURE INVESTMENTS
Four Leaders of Purpose shared on the technologies that excite them and why investors are focusing on supporting founders who can bring innovations to scale and embedding sustainability into their businesses. Speakers: Hyuk-Tae Kwon, Mohan Belani, Lee Jae Hyong and Von Leong. Moderator: Sertac Yeltekin.
