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General Information

Employees
DescriptionSingTel's Venture Capital Arm

Funds

Offices

Singapore, SGP
San Francisco, USA
Shanghai, CHN

People

Director
Managing Director
Managing Director

Tags

SingTel Innov8

SingTel Innov8 (Innov8) is set up by Singapore Telecommunications Limited (SingTel) as a corporate venture company to invest in innovative technologies and solutions to create future growth engines for the Group. Innov8, a wholly-owned subsidiary of SingTel, has an initial fund size of S$200 million (roughly US $150 million).

Innov8 collaborates with leading innovators, developers, government agencies, R&D organizations as well as other equity providers around the region to promote innovation. It works closely with these partners to identify and explore new ideas and technologies, fund and support promising companies and provide access to markets that the SingTel Group operates in.

The CEO of Innov8 is Mrs Yvonne Kwek.

Innov8 focuses its investments on technologies and solutions that lead to quantum changes in network capabilities, next generation devices, digital content services and enablers to enhance customer experience.

Developers and innovators can leverage the scale and reach of the SingTel Group to access over 350 million customers across Asia and Africa. Innov8 allows developers and innovators to uncover the uniqueness of different markets and help them create better solutions for mass deployment. In return, the SingTel Group gains early access to new technologies, allowing it to enhance its customer proposition and make forays into new markets or segments.

Innov8 is part of the SingTel Group’s journey to transform itself from a traditional telecommunications provider to become a leading multimedia and ICT solutions provider.

Milestones

Investments

Company Date Round Size Participants
Ruckus Wireless 2/12Venture Round$21.7M2
Sentilla 8/11Series C$15M3
Dealised 7/11Series A$6.5M2
Vivotech 6/11Series C$24M11
Capella Photonics 4/11Venture Round$20M2
Stream Media 2/11Series A$1M2
Bubble Motion 1/11Series D$10M5
Baynote 1/11Series C$13M1

Videos

Sources

  1. Ruckus Wireless raises $21.7 million (dmwmedia.com) [edit]
  2. Sentilla Raises $15 Million More: Green IT Rolls On (greentechmedia.com) [edit]
  3. Dealised Powers Group Buying Sites, Raises $6.5 Million (techcrunch.com) [edit]
  4. Google NFC Partner ViVOtech Raises $24M From Motorola, DFJ, Citigroup And Others (techcrunch.com) [edit]
  5. Capella Intelligent Subsystems Closes $20 Million Investment (live-pr.com) [edit]
  6. Stream Media Raises Series A Funding to Provide Global Payment Platform for Mobile In-App Transactions (prweb.com) [edit]
  7. Bubble Motion Raises $10M For Social Voice Blogging Service (techcrunch.com) [edit]
  8. Baynote Closes $13 Million Investment Led by SingTel Innov8 (financial.tmcnet.com) [edit]
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Last Edited 5/23/12

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