Qualgro Partners

Qualgro Partners

Venture Capital and Private Equity Principals

Helping exceptional founders grow successful global businesses. Quality & Growth. Qualgro.

About us

Qualgro (Quality & Growth) is a leading Venture Capital firm based in Singapore investing into tech companies with strengths in Data/AI, Software and B2B, at Series A and B. We have achieved strong financial returns (DPI), combined with high economic development impact for both individuals and businesses (SMEs). To date, we have minted 3 unicorns and 3 soonicorns, out of 18 investments in our Fund 1 (2015). Several Qualgro’s portfolio companies have become regional and global leaders, across various verticals. Out of 30 investments, across 2 Funds in 8 years, we have already generated 8 full exits, including 5 acquisitions by international players and one IPO. In 2019, Qualgro was awarded “VC Exit of the Year” by the Singapore Venture Capital & Private Equity Association. Qualgro was founded in 2015 by Heang Chhor. He has led many investments in Data/AI and Software, at Seed to Series B stages, and helped portfolio companies grow regionally and globally. He has supported companies on fundraising and exits, leveraging an extensive network of global investors. His record includes investments into 3 unicorns, several full exits including 1 IPO and 3 acquisitions by international players. He was previously a Senior Partner at McKinsey & Company (26 years) and a member of the McKinsey Global Board, working in Europe and Asia. Before and during McKinsey, he was an entrepreneur building a series of companies. Qualgro is co-led by Weisheng Neo. He has made several investments into Fintech, Education, Marketing, Software startups in Southeast Asia and has helped them accelerate their growth and build strong talent pools. Our team has diverse and international expertise in startups, businesses, technology, investment, and strategy. We have built, in the past 8 years, proprietary databases, tools and methodologies to provide differentiating value-add to startups. Visit www.qualgro.com to learn more.

Website
http://www.qualgro.com
Industry
Venture Capital and Private Equity Principals
Company size
11-50 employees
Headquarters
Central Business District
Type
Privately Held
Founded
2015
Specialties
Venture Capital, SaaS, Data, B2B, Enterprise, Southeast Asia, Asia Pacific, Artificial Intelligence, SME, AI, Sustainability, Tech, and Software

Locations

Employees at Qualgro Partners

Updates

  • View organization page for Qualgro Partners, graphic

    8,282 followers

    We are thrilled to announce that 3 of Qualgro Partners’ portfolio companies have been recognised in the NextGen Tech 30 list – an inaugural list of ASEAN’s Top 30 Tech Start-ups – jointly prepared by Granite Asia, 65 Equity Partners , the SGX Group, KKR, and Northstar Group! At Qualgro Partners, we are proud to support visionary entrepreneurs who are driving change and making a lasting impact across Southeast Asia and beyond. Here is a glimpse at just a few of our portfolio companies that are transforming industries: • Patsnap – Leading the way in innovation intelligence, empowering companies with data-driven insights to unlock the power of R&D and intellectual property globally.  • ShopBack – Revolutionising e-commerce by giving consumers smarter ways to shop and save through cashback rewards, while creating new opportunities for merchants.  • Funding Societies | Modalku Group – Pioneering the fintech space by providing SMEs with critical financing options, fueling growth and strengthening the region’s economic backbone. We are proud to partner with them on their journeys, supporting their growth as they scale to even greater heights! For the full article, read here: https://lnkd.in/dzYetx_u

    21 Singapore companies on inaugural list of Asean’s 30 top tech start-ups

    21 Singapore companies on inaugural list of Asean’s 30 top tech start-ups

    straitstimes.com

  • View organization page for Qualgro Partners, graphic

    8,282 followers

    We are thrilled to announce that Funding Societies | Modalku Group, one of Southeast Asia's leading digital finance platforms and a proud portfolio company of Qualgro Partners, has secured a strategic investment from Maybank. In conjunction with this investment, Maybank will explore collaborative synergies with Funding Societies to promote inclusivity and bridge funding gaps within the communities it serves.       Since its inception in 2015, Funding Societies | Modalku Group has been instrumental in disbursing over US$4 billion to more than 100,000 businesses across Malaysia, Singapore, Indonesia, Thailand, and Vietnam. This new collaboration with Maybank is set to further expand their impact, empowering MSMEs by improving access to critical funding and driving economic growth in Southeast Asia.     Co-founder and Group CEO of Funding Societies, Mr Kelvin Teo, CPA ☀️ expressed, "We are honoured by Maybank's support, reflecting a shared commitment to serve MSMEs in Southeast Asia. This partnership reaffirms our dedication to extending credit access to underserved MSMEs that face cash flow management challenges – an area we are progressively expanding to help these businesses fulfil their business potential."      For the full article, read here: https://lnkd.in/gjMZ9S2T   

    Maybank Announces Strategic Investment in Funding Societies, Southeast Asia's Largest MSME Digital Finance Platform

    Maybank Announces Strategic Investment in Funding Societies, Southeast Asia's Largest MSME Digital Finance Platform

    prnewswire.com

  • View organization page for Qualgro Partners, graphic

    8,282 followers

    We are excited to share that Qualgro Partners’ portfolio company Hevo Data has achieved the Snowflake Ready Technology Validation, a significant milestone that confirms the strength of Hevo’s integration with Snowflake. This validation enhances product quality, improves customer confidence, and accelerates data integration processes.      This highlights Hevo’s continuous innovation and commitment to simplifying data operations. With this certification, Hevo’s no-code platform is better equipped to help businesses streamline their data pipelines, offering faster time-to-value and robust governance solutions.      For more information, read here: https://lnkd.in/gKq32jct   

    View organization page for Hevo Data, graphic

    107,053 followers

    🚀 Exciting News! Hevo Data is now Snowflake Ready Certified! 🎉 This certification is a testament to our commitment to providing seamless, high-performance data integration that works effortlessly with Snowflake, the leading AI Data Cloud platform. What does this mean for you? ✅ Top-Notch Quality: Optimized for peak performance and best practices. 🤝 Reliable Integration: Enhanced efficiency and control over your data. 🔗 Easy Setup: Quick, straightforward connection to Snowflake. Dive into our latest blog for all the details! 🔗 https://lnkd.in/gKq32jct Let’s elevate your data game together! 💪 #snowflake #partner #snowflakeready #dataintegration #datawarehouse

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  • View organization page for Qualgro Partners, graphic

    8,282 followers

    Qualgro Partners’ portfolio company, Curious Thing AI, is tackling the challenge of spam calls with an intelligent AI-powered solution. Their conversational AI bot screens and blocks unwanted calls, providing a more seamless and secure experience for users. As AI continues to transform industries, it is inspiring to see startups like Curious Thing leading the way with practical, impactful solutions.    “Lucy now has thousands of active users in the US, UK, Australia, and Canada in a short few months and has quickly become a trusted tool for managing missed phone calls instead of voicemail,” said Curious Thing CEO and co-founder Sam Zheng. We look forward to seeing how Curious Thing continues to evolve and shape the future of AI-driven communication!    For the full article, read here: https://lnkd.in/g4kjXxmW  

    Spam calls? Sydney startup Curious Thing AI has a bot for that

    Spam calls? Sydney startup Curious Thing AI has a bot for that

    https://www.startupdaily.net

  • View organization page for Qualgro Partners, graphic

    8,282 followers

    Qualgro Partners’ portfolio company, Singapore-based unicorn Patsnap, is set to expand its AI-powered patent search capabilities, further solidifying its position as a global leader in innovation intelligence.   Patsnap's cutting-edge AI technology allows companies to streamline their R&D processes by providing deep insights into the global patent landscape. This expansion is a significant step forward, empowering businesses to accelerate innovation and stay ahead in the competitive market.    At Qualgro Partners, we are excited to see how Patsnap’s advancements will continue to drive innovation across industries. As strong supporters of AI and data-driven solutions, we believe in the transformative power of technology to unlock new opportunities and fuel growth.    Looking forward to witnessing the next chapter of Patsnap’s journey and its impact on the global innovation ecosystem!    For the full article, read here: https://lnkd.in/gX67S6X4  

    Singapore unicorn Patsnap to expand AI-powered patent search

    Singapore unicorn Patsnap to expand AI-powered patent search

    asia.nikkei.com

  • View organization page for Qualgro Partners, graphic

    8,282 followers

    Qualgro Partners portfolio company Supermom Business has teamed up with market research leader NielsenIQ to release a collaborative whitepaper which explores how brands can effectively connect with Indonesia's new generation of young parents—primarily Gen Z and Millennials. The whitepaper delves into key insights from a joint study, tapping on Supermom's extensive network of mothers. It covers topics such as the profile of young parents, parenting style and belief market across various industries, detailed category information, switching habits, shopping habits and purchase channels, the role of each channel, and purchased categories. This collaboration provides invaluable guidance for brands and marketers aiming to engage with this emerging demographic. For more information, visit: https://lnkd.in/gss_FYcu

    View organization page for Supermom Business, graphic

    25,834 followers

    #Parenting methods are rapidly evolving, fueled by the mindsets of #Millennial and #GenZ parents. 95% of Indonesian fathers now actively participate in chore sharing with their spouses, while 86% of all parents believe in instilling responsibility in their children through a hands-on, communicative approach. In collaboration with NielsenIQ, Supermom acquired insights from young parents in our community to envision the future of parenting in #Indonesia. Discover the emerging trends and behaviors, and learn how #brands can effectively connect with the next generation of Indonesian parents today. For the complete industry report, purchase here: https://lnkd.in/dmgpTDxb #Supermom #Nielsen #B2B #MarketingTechnology #DataDriven #Retail #ConsumerInsights #Childcare #EmotionalWellbeing #MentalHealth #Communication #CPGIndustry #FMCG  #ConsumerGoods

  • View organization page for Qualgro Partners, graphic

    8,282 followers

    Congratulations to Qualgro Partners portfolio company Sirion on being ranked first in all five use cases evaluated in the 2023 Gartner Critical Capabilities for Contract Life Cycle Management report! Out of 16 CLM vendors, Sirion was ranked first in Pre-Signature, Pre-Signature (Third-Party-Generated Contracts), Post-Signature and Post-Signature (Advanced) use cases. Sirion also scored the best when it comes to reporting and compliance tracking, empowered by its AI-assisted extraction and curation of obligations. This recognition underscores Sirion's exceptional ability to support every stage of the contract lifecycle and help enterprise teams maximise the value of their business relationships.  For the full report, read here: https://lnkd.in/gVG3EEbe

    View organization page for Sirion, graphic

    123,736 followers

    🎉 ICYMI, Sirion was ranked #1 in all 5 Use Cases evaluated in the 2023 Gartner Critical Capabilities for Contract Life Cycle Management report.    We believe the report highlights our ability to support every stage of the contract lifecycle while helping enterprise teams optimize the value of their business relationships. 🤝    Read the report to see why we ranked #1 for every Use Case – Full Life Cycle, Pre-Signature, Pre-Signature (Third-Party-Generated Contracts), Post-Signature and Post-Signature (Advanced) – out of 16 CLM vendors: https://lnkd.in/dXG2Ph8Q   #Gartner #ContractLifecycle #CLM #Innovation

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  • View organization page for Qualgro Partners, graphic

    8,282 followers

    Congratulations to Qualgro Partners portfolio company Brighte on their fifth consecutive win as Finder’s Green Lender of the Year! This accolade is a testament to Brighte's unwavering commitment to empowering individuals with affordable, sustainable home solutions. We are proud to see the impact of our investment in supporting Brighte’s mission of continually creating a more sustainable future for all. 

    View organization page for Brighte, graphic

    13,818 followers

    🌟 Exciting news! Brighte has been awarded Finder’s Green Lender of the Year 2024 – our fifth consecutive win! 🌟 Winning this award celebrates our commitment to a brighter future, empowering Australians with our green finance solutions to adopt sustainable home upgrades and installations. Thank you to Finder and thank you to the Brighte team and our partners. Together, we’re making sustainable equipment more affordable and accessible for everyone. 🌱

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  • View organization page for Qualgro Partners, graphic

    8,282 followers

    Qualgro Partners’ General Partner Weisheng Neo recently shared insights with The Business Times about Southeast Asia’s venture capital landscape.   Despite challenging macroeconomic conditions, he emphasised that investment activities persist, with a more strategic and disciplined approach focused on optimising returns and selecting opportunities aligned with long-term growth potential. Qualgro remains optimistic about the region's opportunities, highlighting the resilience of founders dedicated to building their companies. Thank you for the feature, The Business Times! For the full article, read here: https://lnkd.in/gfVp_6BF

    S-E Asia’s startup ecosystem continues to brave funding drought

    S-E Asia’s startup ecosystem continues to brave funding drought

    businesstimes.com.sg

  • View organization page for Qualgro Partners, graphic

    8,282 followers

    Thank you to everyone who joined us at “Bridging Opportunities: Investor and Founder Perspectives on the Philippines” event with Kaya Founders on July 23rd! We extend a special thanks to our venue sponsor, Carta, for facilitating such an engaging discussion. We hope you were inspired by the insightful panel discussion between our Investment Manager, Carlos Camacho (Qualgro Partners), Paulo Campos (Kaya Founders), and Glenn Lai (Founder, FR8Labs) on the funding landscape and emerging trends in the Philippines. Your active participation made the event a success, and we eagerly anticipate building more connections in the future. Feel free to reach out to us if you’d like to learn more about the landscape in the Philippines! 

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