The principles that shape every decision, every partnership, every investment.
T
01
Trust
Building lasting relationships with founders through transparency and integrity.
R
02
Respect
Valuing diverse perspectives, cultures, and experiences across Southeast Asia.
I
03
Innovation
Encouraging bold ideas and creative solutions that challenge the status quo.
V
04
Validation
Data-driven decisions that give founders the confidence to scale with conviction.
E
05
Enjoyment
Creating a positive, collaborative environment where founders and investors thrive.
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Get the latest insights, portfolio updates, and opportunities from TRIVE.
The Connective Tissue of Southeast Asian Innovation
TRIVE is not just an investment firm; we are the connective tissue between Southeast Asia's established industrial titans and its most ambitious technology pioneers — bridging legacy capital with the next generation of high-growth tech.
2015
Founded
20+
Portfolio Companies
10+
Years of Conviction
92%
Family-Owned Business in SEA
Our Identity
Local fluency. Institutional rigour. One firm.
Since 2015, our founding partners have navigated the nuanced cultural and economic corridors of Southeast Asia, building a distributed team that speaks the local languages of both business and tech.
We don't parachute capital into markets we don't understand. We operate from within — embedded across the region's most dynamic corridors, connected to the families and founders who are shaping its future.
Our Heritage & The "Family Alpha"
Founded on a Singular Regional Truth
Founded in 2015, TRIVE began with a singular focus on the untapped potential of Southeast Asian founders. We recognized a unique regional truth: 92% of businesses in Southeast Asia are family-owned.
While these legacies were built on foundations of real estate and traditional industry, a generational shift is occurring. The next generation of leaders is looking toward Web3, Venture Capital, and Private Equity to redefine their legacies and future-proof their assets.
TRIVE sits at the center of this transition — unlocking "Family Alpha" by merging the stability and market share of established conglomerates with the agility of high-growth technology.
92%
of SEA businesses are family-owned
A generational shift is underway. The next generation looks to Web3, VC, and PE to redefine their legacies.
TRIVE captures the intersection — where legacy capital meets exponential technology.
Family Alpha Unlocked
The TRIVE Methodology: Deep Roots, High Conviction
Our Principle
We believe in the power of patience. At TRIVE, we don't believe in "fast capital" — we believe in deep roots. While the rest of the industry moves at the speed of a social media feed, we spend 3 to 9 months getting to know our founders before a single dollar is committed.
Pre-Investment Engagement
We meet teams early — often before they've started their formal raise — to understand their vision, their grit, and their "why." This ensures our conviction is absolute before a single term sheet is signed.
Unbreakable Alignment
When we finally partner, our conviction is absolute and our alignment is unbreakable. We don't pivot founders toward trends — we partner with founders who are building pillars of the SEA economy.
Proprietary Network
10+ years of relationship-building with Southeast Asia's most influential business families gives our portfolio companies an asymmetric advantage: instant access to distribution, supply chains, and retail networks.
Essential Tech Only
We aren't looking for the next fleeting trend. We are looking for the next pillar of the Southeast Asian economy — "Essential Tech" that solves real-world problems and creates durable, irreplaceable value.
Our Evolution
As the Southeast Asian market has matured, so have we. We have evolved from a specialist seed-stage investor into a comprehensive early-stage platform managing distinct, high-conviction strategies.
Today, our portfolio of 20+ companies — spanning FinTech, Mobility, EdTech, CleanTech, and many more — stands as a testament to our ability to identify "Essential Tech" that solves real-world problems.
We aren't looking for the next fleeting trend; we are looking for the next pillar of the Southeast Asian economy.
20+
Portfolio Companies
3–9
Months Pre-Investment Engagement
Our Dual Commitment
For Founders
A Handshake with the Families That Own the Market
We don't just offer a check; we offer a handshake with the families that own the supply chains, the retail networks, and the market share you aim to disrupt. We provide the institutional bridge needed to scale within complex regional markets.
For LPs
Institutional Access Grounded in Operational Conviction
We provide institutional-grade access to a diversified portfolio of alternative assets, grounded in 10+ years of operational conviction and a proprietary network of Southeast Asia's most influential business families.
What We Stand For
The principles that shape every decision, every partnership, every investment.
T
01
Trust
Building lasting relationships with founders through transparency and integrity.
R
02
Respect
Valuing diverse perspectives, cultures, and experiences across Southeast Asia.
I
03
Innovation
Encouraging bold ideas and creative solutions that challenge the status quo.
V
04
Validation
Data-driven decisions that give founders the confidence to scale with conviction.
E
05
Enjoyment
Creating a positive, collaborative environment where founders and investors thrive.
Stay in the Loop
Get the latest insights, portfolio updates, and opportunities from TRIVE.
Meet Our Team
A diverse group of investors, operators, and advisors united by a shared passion for building the future of Southeast Asia.
Hemant BHATT
Chairman
Hemant brings decades of experience managing public listed companies. He is currently Special Advisor for Downstream for Golden Agri-Resources, one of the world's largest seed-to-shelf agribusinesses. Hemant also served the full term limit of 9 years on the Disciplinary Committee of the Singapore Exchange (SGX). Hemant chairs TRIVE's Investment Committee and advises on management challenges for both TRIVE as well as our portfolio companies.
Christopher QUEK, CAIA, CFA
Managing Partner
Christopher, Founder and Managing Partner of TRIVE, is a third-generation family business owner and is a seasoned entrepreneur with expertise spanning multiple industries including manufacturing, deep technology, education, and food and beverage. Christopher's extensive mentoring experience includes guiding over 1,200 startup founders since 2011 and advising 800 startups in Southeast Asia, facilitating the raising of a combined US$28m for early-stage companies in 2020.
LECK Ting Yan
Managing Partner
Ting Yan is Managing Partner at TRIVE. He spends a dedicated bulk of his time working closely with our founders to structure their businesses for growth. Prior to TRIVE, Ting Yan started his career as an early employee at a startup and then really getting to understand early stage startups in an incubator setting. Ting Yan read Double Degree in Finance and Economics at the Singapore Management University as a scholar under the Lee Kong Chian Scholars Program.
Daryl LIM
General Partner
Daryl is General Partner of TRIVE VC, managing our Web3, Fintech, AR/VR investments. He is also Managing Partner of TRIVE Advisory. He is a seasoned innovation strategist driving strategic growth and ventures since 2015. Daryl's journey includes pivotal roles such as COO of MetaPals, where he introduced users to Web3 via virtual pets in the metaverse, and leading innovation and partnerships at Padang & Co.
Shawn TAN
General Partner
Shawn is a General Partner of TRIVE VC, managing our Web3, Fintech, AR/VR investments. Shawn is an entrepreneur turned investor and advisor, boasts over a decade of experience in venture investment, zero-to-one management, and operations. As a Partner at R3D3 Ventures, he specializes in early-stage investments in FinTech, blockchain/Web3.0, and AI worldwide.
Dr. Melissa FOO
Venture Partner
Dr. Foo supports TRIVE's activities in Malaysia and in Healthcare. She is a global investor and portfolio manager with expertise in impact investment, ecosystem development, and innovation. She has worked on multiple early-stage deals in various sectors, including healthcare, education, FinTech, B2B, real estate technology, and social enterprise. Dr. Foo holds an MBA from Columbia Business School.
Derrick TEO
Venture Partner
Derrick co-founded Elitez Group, a full suite HR solutions provider operating in 6 countries across Asia that employs more than 200 corporate staff with annual revenue exceeding USD$40 million. In 2013, Elitez was a proud recipient of TRIVE angel investment which greatly fuelled the group's ascend. He has been contributing to various societies and organisations since he was a student.
TEO Shu Qi
VC Analyst
Shu Qi is an ACA Chartered Accountant with experience in the financial services industry like Investment banking, M&A, and forecasting & planning. She is an ICAEW qualifier, obtaining her certification after 3 years of working experiences. On the side of this, Shu Qi is an entrepreneur who started a business since 2019.
Melissa KHO
Compliance and Fund Admin Manager
Melissa graduated as an accountant and has worked more than 10 years in auditing and financial accounting. Prior to TRIVE, Melissa was the senior member of the regional internal audit team of a multinational corporation with manufacturing plants and trading companies in the ASEAN regional countries including subsidiaries in Shanghai and Taipei.
Kiano BACOLOD
Investor Relations Associate
Kiano joined TRIVE in 2024 as an Investor Relations Intern, where he played a key role in expanding the firm's Limited Partner (LP) network in Southeast Asia. During his internship, he successfully contributed to securing LP commitments for TRIVE VC. In 2025, Kiano transitioned to a full-time role as a member of the Investor Relations team.
Stay in the Loop
Get the latest insights, portfolio updates, and opportunities from TRIVE.
Our Investment Strategies
At TRIVE, we believe venture capital is the most potent fuel for societal and technological evolution. We act as stewards of capital, bridging the gap between visionary seed-stage founders and institutional-grade rigour.
01 — TRIVE Ventures
Early-stage investments in innovative startups transforming Southeast Asia through high-growth tech and positive social impact.
Check Size
USD 1–5M
Stage
Seed – Series A
Focus Sectors
EducationAgricultureMobilityFoodHealthcare
Thesis
Improving the Health & Wealth of Southeast Asia
We invest at the intersection of High-Growth Tech and Positive Social Impact. We don't view impact as a trade-off for returns — we view it as a competitive advantage. By solving the most acute challenges in Southeast Asia — financial inclusion and healthcare accessibility — we back companies with the largest total addressable markets.
Our Approach
We join founders at the Seed Round, providing the early commercialization "fuel" needed to move from MVP to scale.
The Impact Framework
We utilize the Impact Management Project (IMP) framework — Does No Harm, Benefits People, and Actively Contributes to Solutions.
Measurement without Friction
Using the IRIS+ system, we select impact metrics that align with a startup's core business KPIs — impact tracking drives growth, not admin burden.
ESG Integration
Guided by IFC's Sustainability Policies with a heavy emphasis on Social & Governance (S&G) to mitigate risk in the fast-moving tech landscape.
Investor Note
We don't require pre-existing ESG policies for Seed startups. We help you build them — ensuring sound risk management is baked into the company DNA from day one.
02 — TRIVE Digital
Specialized Web3 vehicle combining a decade of VC experience with deep-tier blockchain expertise.
Avg Check Size
USD 200K
Stage
Pre-seed – Seed
Focus Sectors
Web3 InfrastructureDeFiEntertainmentAI
Thesis
Empowering Ventures, Decentralizing Tomorrow
TRIVE Digital is our specialized vehicle focused on the foundational layers of the Next Internet. We combine a decade of VC experience with deep-tier blockchain expertise to identify Web3 innovations that offer genuine utility and scalability.
Three High-Conviction Pillars
01
Infrastructure & Security
The "backbone" of the decentralized web — scalable L1/L2 architectures and privacy-preserving developer tools.
02
Immersive Entertainment
AR/VR, GameFi, and Metaverse ecosystems that redefine how humans connect and play — beyond the hype.
03
Decentralized Finance
Real World Asset (RWA) tokenization and high-efficiency perpetual derivatives disrupting traditional markets.
Why TRIVE Digital?
Unlike pure-play crypto funds, we operate with the discipline of a licensed VC. We bridge the gap between "Code as Law" and "Regulatory Compliance" — ensuring portfolio companies are built to survive and thrive in a global economy.
03 — TRIVE Growth
TRIVE's own venture-build projects, incubating the next wave of transformative companies across high-conviction sectors.
Venture Themes
Future of FoodGreen HydrogenMany more...
STAY TUNED — UPCOMING
Venture Build
TRIVE's Own Venture-Build Projects
TRIVE Growth is our internal engine for building companies from the ground up — applying our operator expertise to sectors where we have the highest conviction. Unlike our fund strategies, TRIVE Growth companies are co-built by the TRIVE team.
More details will be shared ahead of launch. Follow our news and announcements for updates.
Fostering Technological Advancements That Impact Everyday Life
Whether we are scaling life-changing health-tech or pioneering the next DeFi protocol, our mission remains the same. For interested investors, reach out directly.
Expansion was the theme for TRIVE in 2024 — a new division, stronger portfolio performance, and a growing regional footprint across Southeast Asia.
T
TRIVE VCAlpha: Building Southeast Asian Private Wealth through Venture Capital
Expansion was the theme for TRIVE in 2024. In the last 12 months, we added a new division, TRIVE Digital, to capture the exciting new opportunities in blockchain and AI. We have also added new team members out of Malaysia and Philippines, growing our team into a regional footprint.
We also saw jumps in our fund performance, for our investments in portfolios and launch of our new corporate website to reflect TRIVE's expanded mandate.
In a nutshell
Launched TRIVE Digital, a new division
Performance highlights — MOIC jumps 1.29x to 3x for portfolios
Revamped mandate to multi-strategy alternatives fund manager
Regional launch of Malaysia and Philippines teams
Launch of new division — TRIVE DIGITAL
TRIVE Digital General Partners Daryl Lim (left) and Shawn Tan (right)
In September 2024, our second team, TRIVE Digital, was launched with General Partners Daryl Lim and Shawn Tan leading the charge. To date, the fund has invested in 7 companies with an MOIC of 1.33x.
The fund is investing in early-stage digital frontier companies, with a focus on blockchain infrastructure, decentralised finance, and immersive entertainment, aiming for a 7x fund multiple and a 91.29% IRR over 3 years.
Key Highlights
Focused on pre-seed and seed-stage investments in pioneering digital technologies with less than $20M valuation
High-growth potential in blockchain infrastructure, decentralised finance, and immersive entertainment experiences
Global investment focus, leveraging rapid digital advancements
Jump in MOIC Performance — Charge+ 1.29x, Tokenize 3x, DFF Fund 1.33x
Despite the weak funding scene, TRIVE saw a jump in MOIC performance for our portfolio companies and our newly launched Digital Fund. Below are the highlights of the news we reported this year.
3x
Tokenize MOIC
1.29x
Charge+ MOIC
1.33x
TRIVE Digital Fund MOIC
Tokenize Fundraises Series A2, Delivering 3x MOIC
Tokenize Xchange founder Hong Qi Yu
Tokenize Xchange has successfully fundraised its Series A2 round. TRIVE was its first institutional investor, joining its Series A1 round in 2021. Christopher Quek, our Managing Partner, is a member of the board of Tokenize Xchange.
The company will utilize its funds to increase staff strength, in particular in the areas of strengthening governance. It will also bring new independent directors to its board and is aiming for an IPO in the mid-term.
TRIVE has increased the MOIC of the Series A1 investment by 3x.
About Tokenize Xchange
Digital trading platform focused on regulation, ease of user access with single KYC assessment point and low fees
300,000+ users growing at 115% annually
Licensed and regulated in Malaysia; pending license approval in Singapore and 28 other countries
Charge+ Raises Series A2, TRIVE's MOIC Increases 1.29x
(L–R) Naoaki Mashita (Angel investor), Christopher Quek (Managing Partner, TRIVE), Ong Tze Boon (Chairman, Charge+), Goh Chee Kiong (CEO, Charge+), Vicknesh Pillay (Co-Founder and Managing Partner, TNB Aura)
We are excited to announce that Charge+ has successfully completed its Series A2 funding round, following TRIVE's investment in Series A1. TNB Aura also participated in a follow-on investment, and we are pleased to welcome Vicknesh Pillay, Managing Partner at TNB Aura, as a board observer.
Christopher Quek from TRIVE continues to serve on the board, alongside Ong Tze Boon as Chairman and Goh Chee Kiong as CEO and board member.
For our Ecorider LPs, the company's valuation has increased to SGD 66 million post-money, bringing the MOIC to 1.29x. At this stage, we are not recommending any partial exits for LPs. Further liquidity recommendations will be provided in upcoming rounds.
TRIVE Launches New Website to Reflect Multi-Strategy Mandate
TRIVE has grown into a multi-strategy fund manager, catering primarily to next-generation family business owners and visionary entrepreneurs. Our diverse portfolio reflects our commitment to adapting to the evolving needs and investment preferences of our valued investors.
In line with this evolution, we've revamped our website to showcase our expanded mandates:
Our Mandates
TRIVE Technology Mandate: Our venture capital arm dedicated to investing in cutting-edge deep technologies that deliver meaningful, positive impact
TRIVE Digital: A specialized team focused on capitalizing on the transformative potential of blockchain and artificial intelligence technologies
TRIVE Advisory: A dedicated division offering commercialization and advisory services for family businesses and technology ventures, helping them unlock new growth opportunities
Regional Launch of New Malaysia and Philippines Teams
TRIVE's regional team members based in Malaysia and Philippines
TRIVE has gone regional out of Singapore, with team members based out of Malaysia and Philippines. This is part of our strategy to have boots on the ground to establish deeper networks, access deal flows, and support strategic LPs to support our portfolio companies.
T
TRIVE VC
TRIVE is a seed-stage venture capital firm based in Singapore. We invest in technology companies operating in Southeast Asia creating positive impact. Published on Alpha: Building Southeast Asian Private Wealth through Venture Capital.
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