Monk's Hill Ventures
Directory: VC Companies in Malaysia
Overview
| Field | Details |
| Founded | 2014 |
| HQ | Singapore (with active Malaysia portfolio) |
| Founded By | Peng T. Ong & Kuo-Yi Lim |
| Type | Venture Capital |
| Focus | Pre-Series A & Series A, SEA Tech |
Monk's Hill Ventures (MHV) is a venture capital firm co-founded by serial entrepreneurs Peng T. Ong and Kuo-Yi Lim, both of whom have built and exited tech companies themselves. MHV focuses on early-stage technology companies across Southeast Asia, with a strong thesis around deep tech, developer tools, and enterprise software. Though headquartered in Singapore, MHV is one of the most active Series A investors in Malaysian startups.
Investment Focus
Stages
- Pre-Series A (primary)
- Series A
- Selective Seed (exceptional teams)
Sectors
- Deep Tech (AI, robotics, computer vision)
- Developer tools & infrastructure
- Enterprise SaaS & B2B software
- Fintech
- Healthtech
- Climate tech
Geographies
- Southeast Asia (Singapore, Malaysia, Indonesia, Vietnam, Philippines)
- Malaysia is a top-3 market for the firm
Ticket Sizes
- Pre-Series A: $1M–$3M
- Series A: $3M–$10M
Portfolio Highlights
| Company | Sector | Country |
| Carro | Auto Marketplace | Singapore/SEA |
| Synagie | E-commerce SaaS | Singapore/MY |
| Funding Societies | SME Fintech | Malaysia/SEA |
| Deskera | ERP SaaS | Malaysia |
| Gimo | Earned Wage Access | Vietnam |
| StashAway | Wealthtech | Singapore |
| Priceza | Price Comparison | Thailand |
Team & Leadership
| Name | Role |
| Peng T. Ong | Co-founder & Managing Partner |
| Kuo-Yi Lim | Co-founder & Managing Partner |
| Lim Wai Mun | Partner |
How to Pitch
- Email info@monkshill.com with a concise deck
- Warm intros through portfolio founders or SEA tech network are highly effective
- They want: founder-market fit, clear technical differentiation, strong B2B sales motion
- Deep tech: demonstrate working prototype and early customer validation
- Enterprise SaaS: show ARR growth, NRR, and expansion potential
Notes & Recent News
- Peng T. Ong previously co-founded Match.com — brings Silicon Valley networks
- Known for founder-friendly terms and genuine operational support post-investment
- Publishes thought leadership on SEA tech — worth following for market insights
- Fund III raised in recent years with larger ticket sizes
Last updated: 2026-05-06