
Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Cocoon Capital is a Singapore-based early-stage venture capital firm founded in 2016 by Will Klippgen and Michael Blakey. The firm specializes in investing in startups primarily in Southeast Asia, India, and Australia, with a strong emphasis on deep tech and enterprise tech sectors. As of now, Cocoon Capital manages approximately $80 million in assets under management (AUM) and has completed investments in 42 companies.
The firm has established a reputation for being a lead investor, ensuring strong involvement in the companies it backs. Cocoon Capital's notable milestones include the successful IPO of portfolio company Ixigo on the BSE/NSE in June 2024, achieving a market capitalization of $432 million. The firm operates from Singapore and has expanded its focus to include startups in Bangladesh.
Cocoon Capital invests in pre-seed and seed-stage companies, typically providing funding between USD 500,000 and USD 1.5 million. The firm targets sectors such as deep tech, enterprise tech, fintech, and medtech, aiming to support companies that address significant real-world challenges. The investment strategy emphasizes a lead-only approach, which allows Cocoon Capital to maintain strong involvement and provide valuable guidance to its portfolio companies.
The firm is particularly interested in B2B software solutions and deep tech innovations that can create substantial impact in their respective industries. Cocoon Capital's geographic focus includes Southeast Asia, India, Australia, and Bangladesh, reflecting its commitment to fostering innovation in these regions.
Cocoon Capital has invested in a diverse range of notable companies, including:
Michael Blakey: Managing Partner at Cocoon Capital, Michael has extensive experience in venture capital and has been instrumental in leading investments in various successful startups.
Sia Zong Xi: Partner at Cocoon Capital, Sia brings a wealth of knowledge in technology and investment, focusing on identifying promising startups in the deep tech sector.
William Klippgen: Partner Emeritus, William co-founded Cocoon Capital and has a strong background in venture capital, contributing to the firm's strategic direction.
Alexia Tok: Associate at Cocoon Capital, Alexia supports the investment team in sourcing and evaluating potential portfolio companies.
To pitch to Cocoon Capital, founders should submit their applications through the firm's online portal at cocooncap.com/apply_to_us. The pitch deck should include a clear overview of the business model, market opportunity, competitive landscape, and the founding team's background. Cocoon Capital prefers warm introductions but accepts direct applications as well.
Response times may vary, but founders can expect to hear back within a few weeks after submission. It is advisable to ensure that the pitch is concise and well-structured to capture the attention of the investment team.
Cocoon Capital runs the Cocoon Academy, an initiative designed to provide mentorship and resources to founders. This program aims to enhance the chances of success for startups by offering strategic guidance and access to a network of industry experts.
Additionally, Cocoon Capital hosts events such as the Cocoon Capital Portfolio Day, where portfolio founders present their ventures to investors and partners, fostering collaboration and visibility within the investment community.
In April 2025, Cocoon Capital announced the first close of its Fund III, targeting $50 million. This fund aims to continue the firm's focus on early-stage investments in Southeast Asia, India, Australia, and Bangladesh.
Recently, Cocoon Capital has made investments in two new startups, further expanding its portfolio of 42 companies. The firm remains committed to leading funding rounds and supporting innovative startups in the region.
What are Cocoon Capital's investment criteria?
Cocoon Capital focuses on pre-seed and seed-stage investments in deep tech, enterprise tech, fintech, and medtech sectors. The firm typically invests between USD 500,000 and USD 1.5 million, emphasizing a lead-only investment approach.
How can startups apply or pitch to Cocoon Capital?
Startups can apply for funding through Cocoon Capital's application portal at cocooncap.com/apply_to_us. Interested parties can also reach out via email at info@cocooncap.com.
What makes Cocoon Capital different from other venture capital firms?
Cocoon Capital distinguishes itself by focusing on being a lead investor in funding rounds, which allows for deeper involvement and stronger signaling value to co-investors. The firm also provides active mentorship and strategic guidance to its portfolio companies.
What is Cocoon Capital's geographic scope?
The firm primarily invests in Southeast Asia, India, Australia, and Bangladesh, targeting innovative startups in these regions.
What is Cocoon Capital's post-investment involvement like?
Cocoon Capital actively engages with its portfolio companies through mentorship, strategic guidance, and access to a network of industry experts. The firm runs initiatives like the Cocoon Academy to support founders.
What is the typical check size for investments?
Cocoon Capital typically invests between USD 500,000 and USD 1.5 million in its portfolio companies, focusing on early-stage funding.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.