Next Generation Partners

Rising Stars

Firms To Watch: Start-up and venture capital – Local firms

With Lisa Theng spearheading the offering, CNPLaw LLP is well-versed at advising a broad range of clients on issues related to share option schemes, buyouts, M&A and venture capital and private equity transactions.
Praised as ‘professional, knowledgeable and industry-aware’, the start-up and emerging companies practice at Collyer Law LLC has a proven track-record in assisting clients on seed, angel and venture capital financing; jointly led by Azmul Haque and Vincent Bu.
Noted for its expertise in the biotech, medtech and pharmaceutical sectors, boutique firm FSLAW LLC advises on venture capital investments and other fundraisings, in addition to joint ventures and M&A. Founder and managing director Faith Sing leads the team.

Start-up and venture capital – Local firms in Singapore

Allen & Gledhill LLP

Offering extensive experience of venture capital transactions throughout Southeast Asia, Allen & Gledhill LLP is regularly instructed by major Singapore investors including VC funds, PE funds, corporate venture capital arms and other strategic or financial investors. Praised as ‘one of the leading teams in the regional venture capital industry’, the practice is also extremely active on the start-up side, advising on the gamut of relevant matters from governance and IP to employee incentive plans and regulatory issues. Corporate expert Christian Chin leads the group and is ably supported by Julian Ho, who has a proven track record at all stages of financing from seed to late-stage. Nicholas Soh has also built a strong reputation in the venture capital market.

Responsables de la pratique:

Christian Chin


Autres avocats clés:

Julian Ho; Nicholas Soh


Les références

‘Allen & Gledhill provided an exceptional service in connection with a cross-border venture capital investment. I particularly appreciated their familiarity with venture capital conventions in the different markets involved in this transaction and their ability to balance attention to detail with business sense.

‘Nicholas Soh is readily available and communicative.

‘We are happy that Allen & Gledhill LLP can provide a clear and concise explanation, guidance and support for our best interests.’

Principaux dossiers


  • Advised B Capital Group on its investment in the US$100 million Series C funding round of Fazz, the Southeast Asian fintech company providing payment, financial and business tools to businesses of all sizes in the region.
  • Advised Circle Internet Financial Limited in the acquisition of all of the issued and outstanding shares in the capital of Cybavo Pte. Ltd.
  • Advised SeaTown Private Capital Master Fund, which is managed by SeaTown Holdings International Pte. Ltd., on its US$50 million investment in OnPoint Holdings Pte. Limited, the leading e-commerce enabler in Vietnam.

Dentons Rodyk

Dentons Rodyk is a leading presence in Singapore and the wider Southeast Asia region when advising prominent venture-backed entities across the spectrum of the investment life-cycle, from seed and advanced stages to trade sales, IPOs and SPACs. Particularly noteworthy for its cross-border transactional expertise, joint practice head S Sivanesan is highly sought after by founders, entrepreneurs, start-ups, capital and private equity funds. India-related transaction expert Sunil Rai is a go-to lawyer for high-growth emerging entities and unicorns in the region, while Li Chuan Hsu is particularly well-regarded for his experience in handling transactions with a Chinese nexus.

Responsables de la pratique:

S Sivanesan; Sunil Rai


Autres avocats clés:

Li Chuan Hsu


Les références

‘They have demonstrated a high degree of competence and enthusiasm with our transactions, able to close them out effectively and efficiently.’

Principaux clients

OT Management LLC


NextBillion.ai


Shinhan Venture Investment


UNOAsia


University of Tokyo Edge Capital Partners


Maven Capital Partners


Validus Investment Holdings Pte. Ltd.


Wavemaker Impact


35 Venture B.V.


Investible Early-Stage Fund 2, LP


Principaux dossiers


  • Advised and acted for market-leading peer-to-peer lending platform Validus Investment Holdings Pte. Ltd. in its Series C-1 funding round.
  • Advised and acted for spatial data and and mapping platform, NextBillion.ai (and its founders), in its US$21million Series B funding round led by Mirae Asset Venture Investments.
  • Advised Shinhan Venture Investment in conducting due diligence on Speedoc which was raising a $28 million pre-Series B equity round.

WongPartnership LLP

The start-up and venture capital practice at WongPartnership LLP is fully invested in the long-term strategy of its clients, whether an angel investor, venture capitalist, early-stage start-up or unicorn technology company. The depth of the team’s expertise is mirrored by the breadth of matters which it handles, spanning the likes of employee incentive plans, data privacy policies, equity funding rounds and trade sales. The practice is jointly spearheaded by Kyle Lee and Sin Wei Ong, with the pair bringing an equal abundance of expertise in fintech, as well as general corporate matters including M&A, JVs and investment funds restructuring. Senior associate Jolynn Lim continues to develop her reputation, having acted for clients across the fundraising spectrum including equity and bridge financing rounds, secondary acquisitions and exits.

Responsables de la pratique:

Kyle Lee; Sin Wei Ong


Autres avocats clés:

Jolynn Lim; Mark Choy


Les références

‘They are market leaders, knowledgeable about market trends in the sector. ’

‘Kyle Lee is a consummate professional who is responsive, devoted and attentive to detail. He is a lateral thinker who provides novel insights to complex problems.’

‘Great understanding of commercial elements of the deal and able to provide tailored advice catered to start-up and venture capital deals.’

Principaux clients

Openspace Ventures


Biofourmis Holdings Pte. Ltd.


Cercano Management


WaveMaker Partners


Go-Ventures


Jungle Ventures


Northstar Group


Igloo


Hangry


EDBI


Fraser and Neave


MassMutual Ventures


Coinhako


Paper.id


Kitalulus


KitaBeli


Borneo


Broom


Principaux dossiers


  • Acting for Biofourmis, a virtual care and digital medicine company in their US$300 million Series D investment round led by General Atlantic and their US$20 million investment by Intel Capital, the strategic investment arm of chipmaker Intel Corporation as an extension to its Series D financing.
  • Acting for Coinhako, a Singapore home-grown digital assets service provider on various matters, including advising on its ongoing compliance obligations as a holder of a major payment institution licence under the Payment Services Act for digital payment token services, and various other incidental services that it intends to carry out.
  • Acting for Northstar Group as lead investor in Una Brands’ US$30 millionpre-series C funding round.

Bird & Bird ATMD LLP

Supporting start-ups and emerging companies from inception to expansion, Bird & Bird ATMD LLP is noted for its expertise in advising clients heavily reliant on intangible assets across a broad range of industries, encompassing fintech, reg-tech, robotics, healthcare, cybersecurity and life sciences. Corporate specialist Marcus Chow heads up the offering which intently focuses on industries where technology and regulation intersect, and is well-supported by counsel Jolie Giouw.

Responsables de la pratique:

Marcus Chow


Autres avocats clés:

Jolie Giouw


Principaux clients

KludeIn I Acquisition Corp


Blockchain.com Group Holdings, Inc


United Overseas Bank Limited


EV Growth


Hyphen Group (Formerly known as CompareAsiaGroup)


ABC Impact


ACA Investments Pte Ltd


Cercano Management Asia Pte. Ltd


East Ventures


NOVI Health


MassMutual Ventures SEA Management Pte. Ltd


ST Engineering Ventures (STEV)


TreeDots Enterprise (Private Limited)


Principaux dossiers


  • Acted as Singapore, French and Australian counsel for KludeIn I Acquisition Corp, in its merger with Near Intelligence Holdings which will generate US$268 million in gross proceeds and peg Near at a Pro-forma market capitalisation of nearly US$1 billion.
  • Advised Blockchain.com on its cash and stock acquisition of Altonomy Pte Ltd, a digital assets investment, market making and OTC firm founded in 2018.
  • Acted for UOB, a Singapore bank, on its Pre Series B investment in ADDX, a digital securities exchanges that uses blockchain and smart contract technology to tokenise and fractionalise private market opportunities.

Rajah & Tann Singapore LLP

Rajah & Tann Singapore LLP assists investors and start-ups in their transactions, business operations and expansion endeavours throughout Singapore and the wider region. Sandy Foo is an M&A expert and oversees the practice which, on the start-up side, regularly advises on complex matters related to governance, IP, employment, data privacy, corporate and regulatory affairs. Tracy-Anne Ang , who is praised for her ‘vast experience and sheer brilliance’, and Terence Quek are also leading figures, acting for numerous top investors throughout Southeast Asia, encompassing venture capital and private equity funds, corporate venture capital divisions, and other strategic or financial investors.

Responsables de la pratique:

Sandy Foo; Tracy-Anne Ang; Terence Quek


Autres avocats clés:

Brian Ng


Les références

‘They offer practical solutions and can foresee the issues which we may face when we take certain positions in our agreements due to their vast experience in the field.’

‘Tracy-Anne Ang is our go-to lawyer for all M&A and fundraising work. We appreciate Tracy’s determination to help us find a proper way for us to achieve our aims and she draws on her vast experience and sheer brilliance to always find some solution for us.’

‘They are able to advise on a wide variety of issues, have a strong network in the region to provide local law support in SEA from prominent and experienced lawyers.’

Principaux clients

Provident Capital


Temasek Holdings (Private) Limited


Monk’s Hill Ventures


Float Private Limited


Trust IQ Pte. Ltd.


Credit Saison Asia Pacific Pte. Ltd.


Pluang Technologies Pte Ltd.


Glints Pte. Ltd.


Doctor Anywhere Pte. Ltd.


InsuResilience Investment Fund II


Women’s World Banking Asset Management


Finnish Fund for Industrial Cooperation Ltd


K3 Ventures


Intel Capital Corporation


Quista Technology Pte. Ltd.


Parkway Holdings Limited


Insignia Ventures


GIMO Financial Corporation Pte. Ltd.


Straits Apex Group Sdn. Bhd.


Principaux dossiers


  • Acted for Provident Capital in its participation in a US$359 million fundraising by blockchain gaming firm Animoca Brands, putting the company at a US$5 billion valuation.
  • Acted for Temasek in its Series C investment in eFishery, co-led by Temasek, SoftBank Vision Fund and Sequoia Capital India.
  • Acted for Float Private Limited in an approximately S$90 million Series A fundraising round led by Temasek Holdings and GGV Capital, which valued Float Private Limited at over S$290 million on a post-completion basis.

Shook Lin & Bok LLP

Shook Lin & Bok LLP’s ‘lean and super efficient’ venture capital practice receives a steady stream of transactions, including private and public financings, pre-IPO and secondary investments, joint ventures and growth and venture capital deals. Corporate finance specialist David Chong oversees the offering, bringing particular expertise in the communications, technology, media, energy and natural resources sectors.

Responsables de la pratique:

David Chong


Autres avocats clés:

Ying Ming Ho; Ying Yi Siow


Les références

‘Their turnaround time with drafting is very impressive, always delivering top quality work within the tight timings required. The team is lean and super efficient.’

Principaux dossiers


  • Acted as Singapore counsel for SES Holdings, Electric-vehicle battery maker in its Series D funding round of US$139 million. The funding was led by General Motors. Additional contributors include existing investors SK Inc., Temasek, Applied Ventures LLC, Shanghai Auto and Vertex.
  • Assisting with and advising Insignia Venture Partners (Insignia) on its subscription into smart access solutions company, Igloohome Pte Ltd (Igloohome), for preference shares in the capital of Igloohome, as a co-lead investor in Igloohome’s most recent USD15 million financing round.
  • Acted for Digital Collectibles through its operating entity Rario in relation to its US$120m Series A round, led by Dream Sports, a leading fantasy sports platform.

Withers KhattarWong LLP

Withers KhattarWong LLP’s full service practice represents numerous investment funds, venture and growth capital funds, as well as acting for emerging companies in structuring equity, debt and hybrid investments involving several institutional investors and angels. Practice head Joel Shen has strong expertise in the Indonesian market, where his clients include major technology companies, financial institutions and venture capital fund managers. Daniel Yong is another key contact in the group, especially regarding regulatory and licensing issues affecting fund managers and capital markets intermediaries.

Responsables de la pratique:

Joel Shen


Autres avocats clés:

Daniel Yong


Principaux clients

Binance / Tokocrypto / BinaLoka


Ant Group (Alipay)


Wallex Technologies Pte. Ltd.


MyRobin


Telkomsel Mitra Inovasi


Reactivate Brands International


Green Rebel


Altara Ventures Pte Ltd


Greenwillow Capital Management


Credibook


Hijra (previously ALAMI)


Dagangan Pte Ltd


BAce Capital


Desty Karsa Wesya Pte. Ltd.


Tjufoo


Bluente Pte. Ltd.


Delegasi Pte. Ltd.


Principaux dossiers


  • Advised the shareholders of Indonesian cross-border remittance company Wallex in the sale of their shares to Singapore-based fintech company M-DAQ.

Quahe Woo & Palmer LLC

Quahe Woo & Palmer LLC regularly acts on novel transactional matters for both start-ups and venture capital investments, including those in the blockchain and cryptocurrency arena. Practice leader Lau Kiat Wee is an M&A expert and brings specialist expertise in the e-commerce, medtech and fintech sectors, while practice co-head Keith Oh has extensive experience advising regional tech start-ups on fund-raising, founders’ rights, employee incentives and IP issues.

Responsables de la pratique:

Lau Kiat Wee; Keith Oh


Principaux clients

ErudiFi


Lummo


Doyobi


Iterative Capital


Vertex Ventures


Sustenir


Nanoflim Technlogies Ventures


SuperMom


Accha


Luwjistik


Morning


Jatri


Skorlife


Flash Coffee


Principaux dossiers


  • Advised the founders of Luwjistik, a Singapore-based logistics technology SaaS company, on it’s A$18mn acquisition by Australia-based integrated logistics company Shippit.
  • Advised Flash Coffee, a Asia-Pacific focused tech-enabled coffee chain, in its US$50 million extended Series B funding round.
  • Advised Jatri, a Bangladesh-based mobility-as-a-service platform providing public transport tracking, digital ticketing, fleet management and mobility services, in its Series A funding round.