Qualgro is a Venture Capital firm based in Singapore, investing in tech companies in Data, Artificial Intelligence, and Software to support talented entrepreneurs with regional or global growth ambition. Qualgro invests across Southeast Asia, primarily at Series A & B.
Quality & Growth. Qualgro www.qualgro.com
[About Qualgro]
Qualgro was founded in 2015 by Heang Chhor. He has led many investments in Data, AI, and Software at Seed to Series B and has helped our portfolio companies grow regionally and globally. He has supported many companies on their fundraising and for realizing exits, through an extensive network of global investors and international companies.
His records include investments into 3 unicorns, several full-exits including 1 IPO and 3 acquisitions by international players.
He was previously a Senior Partner at McKinsey & Company and a member of the McKinsey Global Board, with many years of experience in Europe and Asia. Before and during McKinsey, he was an entrepreneur building a series of companies.
Our team combines startup, business, technology, investment and strategy experience. Our colleagues have various experiences and cultural backgrounds - one of the most globally minded and connected in Southeast Asia - and we work with a network of technology experts and entrepreneurs for supporting our portfolio companies.
We look for entrepreneurs with the mindset and capabilities to build regional or global companies, with technology advantages, fast execution and agility in the unknown.
[Our Portfolio Companies]
We have made 30 investments including Appier (IPO), PatSnap (Unicorn), Funding Societies, Shopback, Brighte, Vend (Exited), OpenAgent, Nura, SirionLabs, NoBroker (Unicorn), Wavecell (Exited), Ralali, Oway, Eyeota (Exited), Curious Thing, Edmicro, EngageRocket, Hevo, ErudiFi, Convosight, and Accredify.
We were awarded 'VC Exit of the Year 2019' by Singapore Venture Capital Association.
Quality & Growth. Qualgro www.qualgro.com
[About Qualgro]
Qualgro was founded in 2015 by Heang Chhor. He has led many investments in Data, AI, and Software at Seed to Series B and has helped our portfolio companies grow regionally and globally. He has supported many companies on their fundraising and for realizing exits, through an extensive network of global investors and international companies.
His records include investments into 3 unicorns, several full-exits including 1 IPO and 3 acquisitions by international players.
He was previously a Senior Partner at McKinsey & Company and a member of the McKinsey Global Board, with many years of experience in Europe and Asia. Before and during McKinsey, he was an entrepreneur building a series of companies.
Our team combines startup, business, technology, investment and strategy experience. Our colleagues have various experiences and cultural backgrounds - one of the most globally minded and connected in Southeast Asia - and we work with a network of technology experts and entrepreneurs for supporting our portfolio companies.
We look for entrepreneurs with the mindset and capabilities to build regional or global companies, with technology advantages, fast execution and agility in the unknown.
[Our Portfolio Companies]
We have made 30 investments including Appier (IPO), PatSnap (Unicorn), Funding Societies, Shopback, Brighte, Vend (Exited), OpenAgent, Nura, SirionLabs, NoBroker (Unicorn), Wavecell (Exited), Ralali, Oway, Eyeota (Exited), Curious Thing, Edmicro, EngageRocket, Hevo, ErudiFi, Convosight, and Accredify.
We were awarded 'VC Exit of the Year 2019' by Singapore Venture Capital Association.
Location: Singapore
Employees: 11-50
Founded date: 2015
Investment Type: Venture Capital
Investment Stage: Seed; Series A; Series B; IPO
Portfolio 27
| Date | Name | Website | Total Raised | Location |
| 31.01.2023 | SuperMom | welovesupermom.com | - | Singapore |
| 14.06.2021 | Convosight | convosight.com | $9M | United Sta... |
| 28.07.2020 | Hevo Data | hevodata.com | $43M | - |
| 17.02.2016 | Wavecell | wavecell.com | $9.75M | Singapore |
| - | Accredify | accredify.io | $9M | Singapore |
| - | nura | nuraphone.com | $4.6M | Australia,... |
| - | Ralali | ralali.com | $2M | Indonesia,... |
| - | PAZZI | pazzi.co | $11.22M | France, Il... |
| - | Oway | oway.com.mm | $14.7M | - |
| - | NoBroker.c... | nobroker.in | $546.84M | India, Kar... |
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Persons 20
| Date | First Name | Last Name | Title | Location | |||
| - | Chi | Tran | Senior Tec... | linkedin.c... | - | - | - |
| - | Carlos | Camacho | Investment... | linkedin.c... | - | c*********... | - |
| - | Sean | Leong | Finance an... | linkedin.c... | - | - | - |
| - | Anqi | Chen | Investment... | linkedin.c... | - | - | - |
| - | Weisheng | Neo | Partner | linkedin.c... | - | - | - |
| - | Olivier | Carnohan | Senior Tec... | linkedin.c... | - | - | - |
| - | Goh | Ze Tian | Investment... | linkedin.c... | - | - | - |
| - | Ryan | Lim | Investment... | linkedin.c... | - | - | - |
| - | Wen | En Lim | Investment... | linkedin.c... | - | - | - |
| - | Terrence | Hoon | Investment... | linkedin.c... | - | - | - |
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Mentions in press and media 14
| Date | Title | Description |
| 03.12.2025 | Deals in brief: SynaXG raises over USD 20 million, CapitaLand acquires LXA Capital, new China investments, and more | Singapore-based SynaXG raises over USD 20 million in inaugural round SynaXG Technologies, a deep tech company building wireless infrastructure for the artificial intelligence era, has raised over USD 20 million in its inaugural funding roun... |
| 05.11.2024 | Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia | Part of HSBC's ASEAN Growth Fund, an accumulative commitment of over US$100 million to Funding Societies since its partnership established in 2022 SINGAPORE, Nov. 5, 2024 /PRNewswire/ -- Funding Societies | Modalku (Funding Societies), the ... |
| 21.03.2024 | Accredify raised funding in Series A extension round led by Okta Ventures | As part of its Series A extension, Okta Ventures has made a strategic investment in Accredify, a Singapore-based provider of verifiable technology solutions, the company announced on Tuesday. As per the statement released by Accredify, Okta... |
| 05.01.2022 | Food Automation Pioneer, Pazzi, launches Pazzi Robotics to propose F&B fully-automated kitchen | SINGAPORE – Media OutReach – 6 January 2022 – Pazzi Robotics, a French kitchen software and robotics startup, recently announced the launch of fully-automated packaged solutions for the Food and Beverage (F&B) industry. The solutions ra... |
| 14.06.2021 | Community monetization platform Convosight raises $9 million led by Qualgro | Advertisment Speaking on the development, Tamanna Dhamija, Co-founder & CFA, said: “We were able to use technology and analytics to create value for brands to co-exist with our communities, giving us revenue, and brands a quantifiable... |
| 05.08.2020 | SaaS platform Hevo nabs USD 8M in series A round | San Francisco-based, Software as a Service (SaaS) platform, Hevo, announced on 29th July, 2020, that it has secured USD 8 millions in series A financing round. The round was led by a Singapore based VC firm known as Qualgro and former Strip... |
| 29.07.2020 | Singaporean VC Qualgro leads $8 mn funding round in data integration startup Hevo | Binu Paul 29 Jul, 2020 Hevo Data, which operates an eponymous data unification platform, said that it has raised $8 million in a Series A funding round led by Singapore-based venture capital firm Qualgro. Returning investors Chiratae Ventur... |
| 17.07.2020 | 5 ASEAN startups tackling the messy middle of the agrifood value chain | While the bulk of agrifoodtech VC funding in Southeast Asia went to downstream categories in 2019, startups sitting in the middle of the value chain are increasingly attracting interest from investors. According to AgFunder’s first-ever ASE... |
| 07.05.2020 | Southeast Asia As A New Silicon Valley For Startups | Qualgro VC, a Singapore-based tech investor, mainly invests at Series A and B in B2B companies with tech advantages. The total number of investments is 20 with one exit. Focusing on Southeast Asia, Australia, and New Zealand, the VC is look... |
| 17.06.2019 | Robot chefs that can serve 5m types of pizza: France’s Pazzi raises $11m+ Series A | The French robotic pizzeria Pazzi has raised over $11 million of Series A funding. The Series A funding round was led by the Singaporean investment fund Qualgro, its first investment in Europe. The round includes funding from Eutopia, Parte... |
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