Cocoon Capital


Cocoon Capital is a Singapore-based venture capital fund focusing on online, early-stage technology companies. It was founded by Michael Robert Blakey and William Klippgen in 2016.

History

In 2016, Cocoon Capital was founded by Michael Robert Blakey and William Klippgen.
Cocoon Capital launched its first US$7 million fund in December 2016. In November 2018, it launched a new US$20 million fund targeting enterprise-tech startups in Southeast Asia.
In October 2017, the company appointed Martin Roll, a management consultant, as Senior Advisor.

Investments

The firm invests in early-stage, private technology companies and specialises in seed stage and startup stage investments. The company mainly invest in companies based in Southeast Asia with amounts ranging from US$400,000 to US$750,000.
Since December 2017, the fund has been a partner with the Singapore government-linked innovation agency SGInnovate which matches up to 70% of Cocoon Capital’s investments.
Cocoon Capital has invested in over 12 companies since 2016 including ticketing platform Hapz.com, Filipino electronics retailer Poundit.com, energy management company SensorFlow, Vietnamese social media management platform Hiip.asia and Singapore-based web acceleration platform Dexecure.com. Its portfolio is mainly within the SaaS, fintech and deep-tech verticals.
Some of its other notable investments include Kargo and Lendela.
In February 2019, the company along with SGInnovate and Blackbird Ventures invested US$1 million in See-Mode Technologies, a Singapore-based medtech startup.

Investors

Cocoon Capital's investors include Steve Diggle, Martin Hauge, Playfair Capital, Jani Rautiainen, Martin Roll, Oliver Tonby and Michelle Yong.