Next Generation Partners

Leading Associates

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

GT Law LLC’s work on the venture capital and start-ups sectors covers local, regional and international transactions. Practice head Sze-Hui Goh acts on acquisitions, disposals, exits and investments, with a particular focus on the technology sector.
Hogan Lovells Lee & Lee’s team advises financial investors as well as emerging companies at any stage of the venture capital lifecycle, with particular expertise in technology, healthcare and life sciences, as well as decarbonisation and impact. Siew Kam Boon leads the team advising on M&A, private equity, and venture capital.

Start-up and venture capital – Foreign firms in Singapore

Cooley LLP

With a strong reputation assisting start-ups in notable industries such as technology, fintech and life sciences, the team at Cooley LLP covers the entire life cycle of startups, handling financings at all levels. Matthew Bartus and Peter Werner sit as global co-heads, with local partner Ferish Patel providing guidance for companies and investors across the wider ASEAN market. Andrew Harline continues to assist clients with financings, M&A and various other transactions. David He joined the firm from Gunderson Dettmer LLP in September 2025.

Praxisleiter:

Matthew Bartus; Peter Werner


Weitere Kernanwälte:

Ferish Patel; Andrew Harline


Referenzen

‘Key strength is their experience and history in the market. Cooley probably is one of the earlier law firms to establish a funds practice in southeast asia so it’s easier to feel comforted by the strength of their bench.’

‘Cooley distinguishes itself through three key differentiators that set it apart from competitors. The firm has developed a comprehensive proprietary database built over decades, containing precedents, past rulings, and case outcomes that ground every legal strategy in real-world results rather than theoretical frameworks.‘

‘Distinguished Leadership and Expertise.‘

Kernmandanten

 


Nium


KiranaKart (Zepto)


D3 Bio


Ausper Biopharma


Square Peg Capital


Granite Asia (formerly GGV)


Allozymes


KPay Group


Ascend Vietnam Ventures


QED Investors


Celadon Partners


Highlight-Mandate


  • Advised Nium, the global leader in real-time cross-border payments, on its US$50 million Series E funding round, bringing the startup’s total valuation to US$1.4 billion.
  • Advised Allozymes, which develops custom enzymes for cleaner and sustainable manufacturing of complex natural products, on its US$15 million Series A financing.
  • Advised Square Peg Capital as the lead investor in Paper.id’s Series B financing.

Dentons Rodyk

With a client base of founders, entrepreneurs, accelerators and incubators, the team at Dentons Rodyk advises at all stages of investment from seed-stage to advanced stages such as Series E & F, trade sales, MBOs, IPOs, and SPACs. The team is also well regarded for its cross-jurisdictional capabilities. Sunil Rai leads the team and often acts in transactions involving emerging entities in the region, as well as inbound and outbound Indian transactions, while Ray Chiang represents start-ups, venture capital funds and corporate venture arms in venture deals, notably in climate tech. Li Chuan Hsu actively advises on fund-raising projects from start-up to pre-IPO, IPO and post-IPO.

Praxisleiter:

Sunil Rai; Ray Chiang


Weitere Kernanwälte:

Li Chuan Hsu


Referenzen

‚Well regarded in the VC investment community in Singapore and demonstrable experience in working with venture backed startups. Deep knowledge and experience around the challenges associated with complex and non-complex fundraising scenarios.‘

‚The team members seem to be available at all times, are responsive and go out of their way to accommodate our requests.‘

‚Commercially-minded, responsive and always ready to offer well-thought-out solutions.‘

Highlight-Mandate


Gunderson Dettmer LLP

The team at Gunderson Dettmer LLP advises clients operating in a wide spectrum of technology sectors, including cybersecurity, HR tech and fintech. Jonathan Pentzien is well regarded for his work advising venture capital funds and innovative emerging technology companies in Southeast Asia and India. Benjamin Teo represents both investors and companies in the technology and life sciences sectors focusing on venture capital and growth equity financings.

Praxisleiter:

Jonathan Pentzien


Weitere Kernanwälte:

Benjamin Teo


Referenzen

‘I think GD is very aware of both the global and local VC landscape, and familiar with the nuances of both.’

‘The lawyers are adaptive and solutions-oriented.’

‚Gunderson Dettmer stands out as one of the rare law firms in the world with a laser-sharp focus on startups and venture capital. Unlike generalist firms, their entire platform is built around supporting high-growth companies and the investors who back them, giving them unparalleled depth in dealmaking, governance, and market-standard terms.‘

Kernmandanten

Skuad


WatchTowr


Lucence


Cinch


Jago Coffee


Dachin


Believe Beauty


Goodwater


StepStone Group


Granite Asia


Prime Venture Partners


Amand Ventures


Peak XV


Lightspeed


Prosus Ventures


Monk’s Hill Ventures


Antler


Highlight-Mandate


  • Represented clients Goodwater, Lightspeed, StepStone Group and Avenir as they participated in the US$665 million Series F round of Zepto, an India-based quick commerce startup.
  • Represented Skuad, a Singapore-based global HR and payroll startup, in its acquisition by Payoneer, a New York-based fintech company, for US$61 million in cash and up to a further US$20 million in contingencies.
  • Represented client watchTowr, a Singapore cybersecurity startup, in its US$19 million Series A financing.

A&O Shearman

The team at A&O Shearman is sought out for its cross-border investment capabilities, venture capital investments and company-side fundraisings. The team advises both start-up and emerging companies on their fundraisings, capital raises, transactions and exits, and advises investors on their strategic investments. Practice head Tom Jokelson advises on venture, growth capital and private equity transactions for investors, such as leading banks, sponsors and sovereign funds; and for issuing companies, with a particular focus on tech, digital infrastructure, consumer and financial services.

Praxisleiter:

Tom Jokelson


Referenzen

‘Excellent knowledge of market standards. Depth of knowledge and experience in the field, which gives great confidence to us when working on complicated issues.’

‘Excellent balance between giving advice and taking our side when dealing with difficult negotiations.’

‘The team worked very hard, and is very knowledgeable. They were also very sharp on commercial points and were able to distil the points that are worth negotiating for.’

Kernmandanten

International Finance Corporation


Paypal Ventures


Xurya


Argor Capital Management


Vflowtech


Trip.com


Thunes


Tookitaki


Qxpress


Oyika Pte. Ltd.


Highlight-Mandate


  • Advised Thunes on their Series D USD150 million fundraise, their largest private fundraise to date.
  • Assisted Xurya, an Indonesian solar energy startup on its Series A2 Fundraising round.
  • Assisted Argor Capital Management on a range of early-stage (Series A and B) investments of various fintech / tech-focused start-ups in South East Asia.

Bird & Bird ATMD LLP

Regularly handling multi-jurisdictional transactions, the Bird & Bird ATMD LLP team supports inbound and outbound investments for a client base includes multinationals, financial institutions, private equity firms, and government-linked entities. Notably, the firm advises on a wide range of transactions from M&A, joint ventures, privatisations and venture capital investments. Marcus Chow leads the team. Jolie Giouw‘s experience in corporate finance ranges from advising both corporates and investors on early-stage venture capital investments to private placements, initial public offerings and secondary offerings. Chelsea Chan is a key individual.

Praxisleiter:

Marcus Chow


Weitere Kernanwälte:

Jolie Giouw; Chelsea Chan


Kernmandanten

Bridgefield Capital


Podium Pte. Ltd


Incubeta Holdings


Hatch Blue


Korea Investment Partners


Qapita Fintech


Cambridge Machines Pte. Ltd


Hatch Blue


ABC Impact


Highlight-Mandate


  • Advised Bridgefield Capital on acquisition of Royal Philips’s Emergency Care business.
  • Advised The Carlyle Group backed international digital marketing agency, Incubeta Holdings,on its acquisition of Persuasion Technologies, a Google Cloud Platform-certified firm in theAPAC region.
  • Acted for Podium, a Singapore property technology firm spunoff from Lendlease, in itsUS$15.1 million Series A-1 fundraising round led by software giant Autodesk.

CMS

Advising across industries including tech, digital assets, and life sciences, CMS acts for a diverse clientele which includes emerging companies and start-ups. The group handles matters relating to venture capital and debt on a cross-jurisdictional basis. Toby Grainger leads the team, advising on the full spectrum of startup and emerging company transactions — from pre-seed and bootstrapped rounds through to late-stage and pre-IPO financings. Gerald Licnachan is noted for his particular focus on  growth capital transactions, venture capital and investment platforms.

Praxisleiter:

Toby Grainger


Weitere Kernanwälte:

Gerald Licnachan


Referenzen

‘CMS has significant experience supporting startup fundraising and related legal work, and understands market practice for Singapore deals. They are highly responsive, which is critical for fast-moving startup and scale-up businesses.’

‘Toby is an excellent resource for entrepreneurs, and seeks opportunities to value-add beyond the legal transaction.‘

‘CMS Singapore stands out for its exceptional flexibility and client-centered approach. What makes the practice unique is its ability to deeply understand the dynamics, needs, and limitations of client teams—especially valuable for fast-moving or resource-constrained businesses.‘

Kernmandanten

ShopBack (Ecommerce Enablers Pte. Ltd.)


Roojai (Ignite Thailand Holdings Limited)


Ocean 14 Capital Fund


Gupshup Inc.


AC Ventures


AgFunder


Alesca Life


Ampotech


Stride Ventures


Coinswitch Kuber


Genashtim


Good Startup


Destination Outpost (LivingRemote Companies)


Equinor Ventures


SBI Ventures


Umami Bioworks


Krazybee


Zomato


Sirka Science


Hegen


AIM Biotech


Leap Technologies


Dat Bike


Global Innovation Fund


Armada Brands


European Bank for Research & Development


Rise Entertainment


Climate Fund Managers


ShopBack (Ecommerce Enablers Pte. Ltd.)


Roojai (Ignite Thailand Holdings Limited)


Ocean 14 Capital Fund


Gupshup Inc.


AC Ventures


AgFunder


Alesca Life


Ampotech


Stride Ventures


Coinswitch Kuber


Genashtim


Good Startup


Destination Outpost (LivingRemote Companies)


Equinor Ventures


SBI Ventures


Umami Bioworks


Krazybee


Zomato


Sirka Science


Hegen


AIM Biotech


Leap Technologies


Dat Bike


Global Innovation Fund


Armada Brands


European Bank for Research & Development


Rise Entertainment


Climate Fund Managers


Highlight-Mandate


  • Advised Ampotech, a Singapore-based energy management solutions provider, on its Series A fundraising round (combining direct equity with a convertible instrument) funded by Clime Capital.
  • Advised SBI Ventures in relation to its $10 million convertible loan note investment in M-KOPA Holdings Limited, the UK incorporated holding company for M-KOPA’s operations in Africa as a digital microfinance platform.
  • Advised Sirka Science on the extension of its convertible note fundraising round.

Herbert Smith Freehills Kramer LLP

Acting for both startups and emerging growth companies as well as a full spectrum of investors, the team at Herbert Smith Freehills Kramer LLP is distinguished for its track record in equity fundraising, collaborations and joint ventures and IPOs. Victor Chiew leads the team, handling a range of cross-border financing matters.

Praxisleiter:

Victor Chiew


Referenzen

‘Victor Chiew has advised us a couple of our startup investments in Southeast Asia. He is very responsive and provides easy-to-understand practical advice.’

‘Engagement with the team in the past 12 months has been smooth and drama free. The team is proactive in handling matters.’

‘The team reads the client well, and is able to tailor their advice/support to the client’s risk profile and legal expectations. This means the legal advice rendered already takes into account our preferred approach and style, rather than providing „cookie-cutter“ advice that we have to then customise/follow-up on for more nuanced suggestions.’

Kernmandanten

Apis Partners


Asia Partners


Peak XV Partners (fka Sequoia Capital)


Twin Towers Ventures


Wavemaker Partners


Standard Chartered Bank / Standard Chartered Ventures


Sumitomo Corporation Equity Asia


Marubeni Corporation


UBS Optimus Foundation


MDI Ventures


Telkomsel Ventures


MSD Global Health Innovation Fund (Merck Ventures)


Northstar Advisors


Vertex Growth Fund


MUFG Innovation Partners


Hike Ltd


Kody Ltd


Highlight-Mandate


Latham & Watkins LLP

The team at Latham & Watkins LLP assists start-ups at all stages of their lifecycle, and has a wide range of expertise, covering a range of issues from smaller Series A financings to larger transactions for both lenders and businesses. Amy Beckingham splits her time between Hong Kong and Singapore, advising sponsors and emerging companies on venture capital financings. Beckingham co-leads the team alongside James Clayton-Payne and Farhana Sharmeen. Clayton-Payne advises a range of start-ups, VC investors and corporate venture capital vehicles in all rounds of fundraising, from seed to Series F+ and through to exit while Sharmeen is active for start-ups and more established corporates, on international investments, and international clients on transactions with a Singapore component at every stage of the corporate life-cycle. Marcus Lee has particular experience representing private equity firms in matters involving the infrastructure and energy sectors.

Praxisleiter:

Amy Beckingham; James Clayton-Payne; Farhana Sharmeen


Weitere Kernanwälte:

Marcus Lee


Kernmandanten

Growtheum Capital Partners


Silicon Box


Softbank


Highlight-Mandate


Pinsent Masons MPillay

Pinsent Masons MPillay has a strong focus on young companies in the fintech and medtech sectors, allowing for the team to guide clients along their growth to the financing and fundraising stage, and to ultimately advise them on their listing of choice. Additionally, the team is also active in the foodtech and aviation sectors. Co-head Nicholas Hanna acts for numerous corporate clients in Southeast Asia in both acquisitions and disposals, and has expertise in a broad range of industries including technology, media and life sciences. Mark Tan, who leads alongside Hanna, has a multifaceted corporate practice, honing in on key areas such as M&A, joint ventures and corporate finance.

Praxisleiter:

Nicholas Hanna; Mark Tan


Referenzen

‘The corporate practice helmed by Nicholas Hanna consists of a team of lawyers with the requisite depth and breadth of expertise to execute complex start-up and venture capital transactions.‘

‚I have worked with Nicholas Hanna for nearly a decade, during which he has been my trusted legal advisor across numerous corporate matters. With close to twenty years of experience in Asia, he is in my opinion a highly experienced start-up and venture capital lawyer.‘

‚Nicholas and his team are also highly adept and familiar with the latest developments in the law, and this enables them to draft legal advice and transactional documents that are robust and comprehensive. This is highly important to us as clients, as laws and regulations change quickly, and legal advisors must be able to stay on top of the latest rules to effectively advise on the feasibility of various transaction structures.’

Kernmandanten

ICFG Limited


FAT Projects


Fluid Financial Pte. Ltd.


CloudSEK Research Pte. Ltd.


Muru-D


Highlight-Mandate


  • Acted for ICFG Limited (formerly known as Fintech Asia Limited (“Fintech Asia”), a company listed on the Main Market of the London Stock Exchange, on their acquisition of ICFG Pte. Ltd. (“ICFG”), which resulted in a reverse takeover of ICFG and its 13 subsidiaries.
  • Advised Fat Project Acquisition Corp, a Special Purpose Acquisition Company (“SPAC”) listed on the NASDAQ Stock Exchange, as Singapore counsel in relation to its proposed de-SPAC transaction.
  • Advised Fluid Financial Pte. Ltd., a Singapore based start-up that is revolutionizing B2B payment by providing an all-in-one checkout solution that empowers businesses to pay now or later, in relation to its US$2 million pre-IPO fundraising.

Ashurst ADTLaw

Ashurst ADTLaw actively advises corporates in their emerging company investments and has supported a wide range of startups across the entire spectrum of matters, including equity financing, debt financing, acquisitions, divestments and restructuring. Tao Koon Chiam and Xiaozheng Ko jointly lead the team, with the latter being a particularly adept at advising both start-up founders and funds with venture capital mandates. Michelle Phang has significant experience handling matters concerning the digital economy and healthcare.

Praxisleiter:

Xiaozheng Ko; Tao Koon Chiam


Weitere Kernanwälte:

Michelle Phang


Referenzen

‘The team has strong legal expertise while being very pragmatic and commercial-minded. They are able to give practical solutions that are fair and serves the client’s interest.’

‘Tao Koon Chiam is extremely responsive, sharp and commercially minded with strong technical knowledge.’

‘Adaptability and market knowledge.’

Kernmandanten

Google


GIC


Intercontinental Energy


Innopower


WhiteCoat


Datapro Technologies Pte. Ltd.


Navegar II (Singapore) Pte. Ltd. (a PE fund)


Openspace Ventures


PT Elang Andalan Nusantara


KoinWorks


Southeast Asia Clean Energy Facility (SEACEF)


Sequoia


Carousell Pte. Ltd.


AirCarbon Exchange (ACX)


Chocolate Pte Ltd


Gain Loyal Ltd


TSLA Pte. Ltd.


Dragon Fund


HMI Group


Navis Capital (a PE fund)


KV Asia Capital (a PE fund)


Northstar Advisors Pte. Ltd. (a PE fund)


AwanTunai


Highlight-Mandate


  • Acted for Google on its minority investment into Flipkart.
  • Advised Mars Equity Dragon Fund VCC in its investment in Zepto.
  • Advised WhiteCoat in its acquisition of Good Doctor.

Baker McKenzie Wong & Leow

Baker McKenzie Wong & Leow represents clients on a vast range of matters, including downstream investments, financings, joint ventures and fund formation. Lip Kian Ang advises clients on cross-border private equity, venture capital, and investment fund transactions while Stephanie Magnus assists startups and emerging companies in the financial services sector in relation to regulatory issues, as well as financing transactions. Kelvin Poa advises on matters related to investments in funds focused on innovative areas such as blockchain, digital asset banking and educational technology. Ang, Magnus, and Poa jointly lead the team.

Praxisleiter:

Lip Kian Ang; Stephanie Magnus; Kelvin Poa


Kernmandanten

BlackRock (Singapore) Limited


TR Capital


Wavemaker


Asia Wealth Platform Pte Ltd


Credit Suisse


DBS Bank


Morgan Stanley


TTMFS Singapore Pte Ltd


Moladin


Oyika


Zinfinity Pte. Ltd.


Warburg Pincus


Goldbell Financial Services; Goldbell Evolution Network (GEN) Pte Ltd.


Highlight-Mandate


  • Representing the world’s largest asset manager, Blackstone, in a debt capital venture investment in The G.O.A.T Brand Labs Pte. Ltd, operator of a tech-driven aggregator platform for India-based, up-and-coming lifestyle brands relating to fashion, home, nutrition, beauty and personal care.
  • Advised Wavemaker, Southeast Asia’s leading venture capital firm, in its participation in the seed series financing of The Air Freight Index Company Limited, an operator of indexes and digital assets relating to the cargo industry with over $600m of AUM.
  • Assisted StashAway, a FinTech startup, on a number of broad variety of matters including the proposed launch of a new card, app features and portfolio offerings.

Reed Smith LLP

Reed Smith LLP stands out for its cross-border capabilities and venture capital investment advice.

Referenzen

‘Professional. Prompt responses.‘

Highlight-Mandate


Sidley Austin LLP

The team at Sidley Austin LLP has a strong track record in providing regulatory advice to start-ups, emerging companies, and other clients who are investing in, developing, implementing, and bringing to market new financial technologies, platforms, products, and services. Practice head Parthiv Rishi primarily focuses on acting for financial sponsor investors, and is increasingly active for founders and emerging companies on their fundraising rounds, regulatory requirements, and high-value founder and C-Suite employment arrangements. Eldon Chan is well-regarded for his representation of U.S.-based investors seeking to deploy capital in Southeast Asia and founders looking to raise capital from U.S.-based investors.

Praxisleiter:

Parthiv Rishi


Weitere Kernanwälte:

Eldon Chan


Referenzen

‚What sets Sidley apart is their global reach and seamless integration across offices in Asia, Europe, and the United States. Sidley’s ability to coordinate advice across multiple jurisdictions ensures that we receive consistent, high-quality guidance wherever our business takes us.‘

 

Kernmandanten

KKR


Peak XV Partners


NetEase Games


Brevan Howard Digital


Ninja Van Group


Temasek Holdings


Jungle Ventures


Hillhouse Capital


EDBI


Blue InCube Ventures


Highlight-Mandate


  • Advised KKR on its Series G investment into unicorn foodtech company Rebel Foods through its Asia NextGeneration strategy.
  • Represented NetEase Games in relation to the US$110 million Series D fundraising round of Build A RocketBoy, a leading independent gaming and entertainment company.
  • Represented Brevan Howard Digital on its subscription for a Simple Agreement for Future Tokens (SAFT)issued by Mon Studios, a gaming company. Brevan Howard Digital is a leading global alternative investment management platform specialising in global macro and digital assets.

Simmons & Simmons

Simmons & Simmons is known for advising large venture capital and investment funds on global investment transactions, navigating numerous early to late-stage financing rounds and follow-on rounds. Co-head Dax Lim has significant experience in advising investment funds on structuring, formation and global investment transactions. Lim also works extensively with venture backed technology companies throughout their lifecycles, advising them on debt and equity financing, strategic partnerships and regulatory and commercial matters. Yingyu Wang is a stand-out name amongst web3 and technology heavy funds, founders, and start-ups. Amanda Loh specialises in the representation of leading venture capital funds on their debt and equity investments.

Praxisleiter:

Dax Lim; Yingyu Wang


Weitere Kernanwälte:

Amanda Loh


Referenzen

‘Dax and his team have advised on a lot of start-up fundraising deals in the region. A go-to lawyer for both investor and company side, his team is familiar with the latest development of deal structure of all kind, particularly in the technology/ fintech industry.’

‘An intelligent and responsive team that I know I can rely on for my tech investments.’

‚Dax Lim is a partner who is able to dissect complicated issues into a simple and easily understandable way, which highlights the critical path forward. He is also able to manage internal senior stakeholders of clients, making in house counsel’s life easier.‘

Kernmandanten

Gozem


Peak XV


Cortical Labs Pte. Ltd.


GRVT Markets Limited


Torus Labs


MediSun


Verified Impact Exchange Holdings


Bizcap SG Pte. Ltd.


Softbank Ventures Asia


Asia Fund X


Pivotal Research


Greenwillow Investment


Crypto.com


Zuzu Hospitality Solutions


Quest Ventures


Samsung Next


Shift4Good


Hashed


Qiming Development (Singapore) (affiliate of Qiming Venture Partners)


Highlight-Mandate


  • Advised Torus Labs (also known as Web3Auth) in its asset sale to ConsenSys.
  • Advised Peak XV in their investment as the lead investor in the USD 19 million Series A round of WatchTowr.
  • Advised GRVT Markets Limited in their strategic equity funding round led by Further Ventures, which brought their total funding to USD 14.3 million