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Key people at Forge Ventures.
Forge Ventures was founded in 2021 by Tiang Lim Foo (Partner & Cofounder) and Kaspar Hidayat (Partner and Co-founder).
Forge Ventures is a Singapore-based venture capital firm that invests in pre-seed and seed-stage technology startups operating across Southeast Asia. The firm executes a highly concentrated investment strategy, deploying capital from its oversubscribed US$21.9 million debut fund to back a targeted portfolio of 15 to 20 early-stage companies over a three-year deployment period. To support its portfolio, the organization leverages a limited partner base consisting primarily of technology executives and experienced operators from prominent regional and global enterprises such as Grab and Stripe. While maintaining a broad regional mandate, the firm focuses heavily on the Singaporean and Indonesian markets, backing specific ventures that include digital concierge service Vouch, grocery delivery platform Dropezy, and tutoring startup Marathon. Forge Ventures was founded in 2021 by Tiang Lim Foo and Kaspar Hidayat in partnership with Alto Partners.
Forge Ventures was founded in 2021 by Tiang Lim Foo (Partner & Cofounder) and Kaspar Hidayat (Partner and Co-founder).
Key people at Forge Ventures.
Forge Ventures has 7 tracked investments across 7 companies. The latest tracked deal is $4.2M Pre-Series A in Prefer in August 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 13, 2025 | Prefer | $4.2M Pre-Series A | Helen LIN, Chancery Hill Capital | — |
| Feb 28, 2024 | Yolk | $1.3M Pre-Seed | — | Aaron TAN, Boon Hwee KOH, Honey Mittal, John Lindfors, Quek SIU RUI, Spencer Yang, Takashi Yamada, Sequoia Capital, Temasek |
| Feb 1, 2024 | Yolk.fm | $1.0M Seed | Forge Ventures | Alpha JWC Ventures, DST Global, Indicator Ventures, Jungle Ventures, Next Level Ventures, The Valley Fund, Y Combinator, Scout Fund, Temasek Holdings |
| Aug 25, 2022 | Jackett | $1.0M Seed | Entrepreneur First, Epic Angels, Forge Ventures | JJ (projjal) Ghatak, Quek SIU RUI |
| Oct 6, 2021 | Vouch | $1.1M Seed | Forge Ventures | — |
| Sep 23, 2021 | Dropezy | $2.5M Pre-Series A | Forge Ventures | Next Billion Ventures, Nordstar, Tekton Ventures |
| Aug 24, 2021 | Marathon Education | $1.5M Pre-Seed | Forge Ventures | ISeed SEA, Raditya Pramana |
