True Global Ventures (TGV)

What True Global Ventures (TGV) does

True Global Ventures (TGV) is a Singapore-headquartered global venture capital firm founded in 2010, regulated by the Monetary Authority of Singapore under a Capital Markets Services licence for fund management. TGV invests in early-stage technology companies through a series of closed-end funds — most recently Fund 4 (top 1% 2021 vintage by DPI per Carta/PitchBook benchmarks), Fund 5 (late-stage growth and pre-IPO AI-first companies), and the actively-deployed Fund 6 (late-seed and Series A AI-first and Agentic AI applications in California, targeting companies with $1M-$5M ARR), as well as a $146 million Follow On Fund closed in June 2022 that concentrates capital into late-stage Web3 winners. The firm describes itself as one of the most networked VCs globally, with 16,000+ relationships cultivated across 74 events and a distributed founding-partner base spanning San Francisco, New York, Paris, London, Stockholm, Dubai, Hong Kong, and Singapore, which it converts into enterprise customer introductions, follow-on financing, and M&A/exit preparation for portfolio companies.

TGV's core operating model is fund management: it raises capital from Limited Partners (entrepreneurs, business angels, family offices, institutional investors), deploys it into portfolio companies, and generates revenue through management fees and carried interest on exits. The MAS licence granted in September 2025 expanded the firm's permissible activities to include continuation funds, fund-of-funds, and public-company investments. Notable portfolio outcomes include Animoca Brands (unicorn, proposed Nasdaq listing; TGV has invested >$38M including secondaries), Forge Global (NYSE listing, subsequently acquired by Charles Schwab for $660M), The Sandbox, ChromaWay, Coinhouse, and a newer generation of AI-first companies (Sprouts.ai, Prezent AI/Prezent Vivo, First Voyage, BookitnGo). The firm operates with 11-50 employees and a 15+ General Partner distributed-partnership structure, with the Follow On Fund carrying >40% GP commitment.

TGV's strategic positioning has rotated from a Web3/blockchain-heavy thesis in 2021-2022 (Fund 4 era, where it was branded "the world's first truly global blockchain equity fund") to an AI-first and Agentic AI thesis in 2025-2026 (Fund 6 era), with the Bay Area as the primary deal-sourcing geography. The May 2026 appointment of Tal Elyashiv (co-founder of SPiCE VC and Securitize) as General Partner and the co-led $9M Pre-Series A in Sprouts.ai alongside Accel underscore the pivot. The firm's differentiator versus capital-only VCs is the operating-partner network that actively drives GTM execution, executive hiring, and international expansion for portfolio companies, in addition to the regulatory permissions granted by its Singapore CMS licence.

Name

True Global Ventures (TGV)

Legal name

True Global Ventures 4 Plus Pte. Ltd.

Website

https://tgv4plus.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

True Global Ventures (TGV) is a Singapore-headquartered global venture capital firm investing in early-stage AI-first and Agentic AI startups, primarily at late-seed and Series A in California, through multi-fund vehicles and a distributed 15+ General Partner network spanning 20+ cities.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259), All Other Financial Investment Activities (52399)

SIC

Finance Services (6199)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

akta.pro secondary industries

Late-Stage Venture Capital (Series C+) (FSANAAAC), Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Venture capital firm
• AI startup investing
• Early stage funding
• Blockchain equity funds
• Series A investments

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Distribution channels1 record

Marketing channels4 records

Core offering

True Global Ventures is a global venture capital firm that manages multiple investment funds (Fund 4, Fund 5, Fund 6, and the Follow On/Opportunity Fund) to deploy capital into early-stage AI-first and Web3/blockchain technology companies, primarily leading late-seed and Series A rounds in California-based startups with $1-5M in annual recurring revenue. The firm also provides post-investment operating support including enterprise customer introductions, international expansion assistance, follow-on financing, and M&A/exit preparation through a network of 15+ General Partners and 16,000+ relationships built across 74 events.

Product overview

True Global Ventures (TGV) is a global venture capital firm that operates multiple investment funds rather than a traditional product company. TGV Fund 6 is the latest fund focusing on AI-first technology companies, primarily investing at late seed and Series A stages in California-based startups. The firm's portfolio includes AI-powered products such as Sprouts.ai (autonomous Revenue Agents for B2B enterprises), Prezent AI (enterprise communication platform with Prezent Vivo for Life Sciences), and First Voyage's Momo Self Care (AI companion app). TGV supports portfolio companies through a network of 16,000+ relationships across 74 events, providing enterprise customer introductions, international expansion support, follow-on financing, and M&A/exit preparation.

Differentiator

Problem solved

Functional benefit

Products and services

• TGV Fund 4
• TGV Fund 5
• TGV Fund 6
• TGV Follow On Fund (Opportunity Fund)

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Partnerships

Two partnerships are on record, tiered minor.

• Tal Elyashiv (SPiCE VC / Securitize)minorStrategic or Co-development Partner · 28 May 2026Tal Elyashiv, co-founder of SPiCE VC and Securitize, appointed as General Partner to strengthen Bay Area presence. Will continue leadership at SPiCE VC with no conflict due to differing investment mandates.
• PrezentiumminorStrategic or Co-development Partner · 14 October 2025Prezent AI acquired Prezentium (largest business presentation services company in Life Sciences) as part of its $30M funding round. TGV is an investor in Prezent AI.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Pantera Capital: One of the largest dedicated blockchain and crypto-focused VC firms, with multi-stage funds that overlap with TGV's Fund 4/5 thesis. Pantera is a primary comparable on fund size, sector focus, and LP base.
• 1confirmation: Early-stage crypto and Web3 venture fund backing token networks and infrastructure. Directly comparable to TGV Fund 4's late-seed/Series A blockchain investment mandate.
• ParaFi Capital: Crypto-native investment firm investing across DeFi, Web3 infrastructure, and tokenized assets. Comparable to TGV Fund 4 in stage, sector focus, and global LP positioning.
• Multicoin Capital: Thesis-driven crypto venture fund investing across tokens, equity, and DeFi. Highly comparable to TGV's Web3 focus with overlap in the same founder community and LP base.
• SPiCE VC: Tokenized venture capital fund co-founded by Tal Elyashiv, who also serves as General Partner at TGV. SPiCE VC operates a similar global, sector-flexible early-stage strategy and competes for the same deal flow in the blockchain/AI space.

Broad incumbents

• Digital Currency Group: Holding company with multiple crypto-focused venture and growth funds (including Grayscale). Competes for late-stage Web3 deals and is broadly comparable in sector focus and check size.
• Andreessen Horowitz (a16z): Largest US venture firm with dedicated a16z crypto fund and strong AI practice. Comparable as a co-investor in TGV portfolio companies (e.g., First Voyage) and as a competitor for AI-first Bay Area deals in Fund 6.
• Coinbase Ventures: Strategic venture arm of Coinbase investing broadly across crypto and Web3. Comparable as a frequent co-investor and as a competitor for early-stage Web3 deal flow in the same geography as TGV.
• Sequoia Capital: Premier global venture firm with significant AI and Web3 exposure. Highly comparable to TGV in the Bay Area AI deal competition (Fund 6) and as a co-investor in shared portfolio companies such as Animoca Brands.
• Galaxy Digital: Diversified crypto and digital asset investment platform with venture and growth funds. Comparable to TGV in the Web3/AI crossover thesis and in providing late-stage growth capital to companies like Animoca.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/stojanovicdusan
• YouTubeyoutube.com/@TrueGlobalVentures-dy6sx
• LinkedInlinkedin.com/company/1944530

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments57 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about True Global Ventures (TGV)