Decacorn Capital

What Decacorn Capital does

Decacorn Capital is a Singapore-domiciled cross-border venture capital firm founded in 2015, operating as Decacorn Capital Pte Ltd. The firm invests in early-stage to growth-stage technology startups across six thesis verticals: Aerospace, AI, Blockchain, Cloud & Edge, Genomics, and Robotics. It maintains a five-office footprint with headquarters at 6 Eu Tong Sen Street in Singapore's Clarke Quay district, and satellite offices in Palo Alto, Tel Aviv, Warsaw, and Abu Dhabi. The firm positions itself around a "rebel minds" contrarian-thesis brand and offers portfolio companies monthly check-ins, subsidised CBD office space, free AWS and Google Cloud credits, and access to an international partner and expert network.

Decacorn's revenue model is built on capital appreciation from portfolio exits (acquisitions, IPOs, secondary sales) and standard VC management-fee and carry economics, supplemented by grant-administration revenue from its role as an appointed partner for Enterprise Singapore's Startup SG Founder Grant program. The firm also serves as an EntrePass partner under Startup SG, supporting foreign founders establishing operations in Singapore. Notable portfolio holdings and exits include SpaceX, Palantir, Zoomcar, Speedoc, Mapbox, BioCatch, and companies acquired by Uber (Postmates), Cisco (Kenna Security), Renesas (Celeno), Nanox (Zebra Medical), Bitsight (Sixgill), Bazaarvoice (Affable), and Global Data (AiPalette).

The firm is led by Founder & Managing Partner Debneel Mukherjee, alongside Partner Dariusz, Principal Nori, and a small operational team of five additional staff, placing total headcount in the 11-50 range. Decacorn's go-to-market is sales-led and network-driven: deal flow is sourced through direct outreach, accelerator partnerships (Plug & Play, SOSV, German Accelerator, Orbit Startups, Latin Leap, Palo Alto Connect, UOB Finlab), and inbound pitch submissions via its website. The firm's stated competitive advantages rest on its multi-region distribution, government-ecosystem integration via Startup SG, and the operational-support stack offered to portfolio companies rather than proprietary technology or differentiated fund scale.

Name

Decacorn Capital

Legal name

Decacorn Capital Pte Ltd.

Website

https://www.decacorn.vc/

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Decacorn Capital is a Singapore-based cross-border venture capital firm investing in early-stage technology startups across Aerospace, AI, Blockchain, Cloud & Edge, Genomics, and Robotics, with offices in Singapore, Palo Alto, Tel Aviv, Warsaw, and Abu Dhabi.

Ownership category

akta.pro rank

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Venture Capital Fund Management: Decacorn Capital generates returns through equity investments in early-stage to growth-stage technology startups. Their revenue model is based on capital appreciation from portfolio company exits via acquisitions, IPOs, and secondary sales. The firm also administers the Startup SG Founder Grant program in partnership with Enterprise Singapore, providing grant disbursement support to eligible startups.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Decacorn Capital is a Singapore-domiciled venture capital firm that provides equity funding to early-stage and growth-stage technology startups. The firm invests across Aerospace, AI, Blockchain, Cloud & Edge, Genomics, and Robotics sectors, offering portfolio companies monthly check-ins, partner network access, free AWS and Google Cloud credits, and subsidized office space in Singapore's CBD. It also administers the Startup SG Founder Grant program in partnership with Enterprise Singapore.

Product overview

Decacorn Capital is a venture capital firm that provides investment services to early-stage technology startups. The firm offers venture capital funding and administers the Startup SG Founder Grant program in partnership with Enterprise Singapore. Their investment focus spans multiple sectors including Aerospace, AI, Blockchain, Cloud & Edge, Genomics, and Robotics. The firm also provides portfolio companies with startup support services including monthly check-ins, access to partner networks, business credits from cloud providers, and subsidized office space in Singapore's CBD. Decacorn operates offices in Singapore (headquarters), Palo Alto, Tel Aviv, Warsaw, and Abu Dhabi.

Differentiator

Problem solved

Functional benefit

Brands

• Decacorn X Startup SG Founder Grant: A grant program administered in partnership with Enterprise Singapore to support early-stage startups in Singapore.

Products and services

• Venture Capital Investment
• Startup SG Founder Grant Administration
• Portfolio Company Support Services

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• Startup SGcoreStrategic or Co-development PartnerDecacorn is an appointed partner for Startup SG Founder Grant program, helping foster innovation and build the local startup ecosystem. They support startups in their entrepreneurial journey to administer and promote the Startup SG Founder Grant program in partnership with Enterprise Singapore.
• Enterprise SingaporecoreStrategic or Co-development PartnerPartnership through Startup SG Founder Grant program. Decacorn works with Enterprise Singapore to process grant applications and disburse funds to eligible startups upon approval.
• EntrePasscoreStrategic or Co-development PartnerDecacorn is an appointed EntrePass partner. EntrePass is a work pass under Startup SG aimed to support foreign founders in establishing innovative venture-backed startups in Singapore.
• Startup SG TalentminorStrategic or Co-development PartnerPartner organization under Startup SG ecosystem supporting talent development for startups.
• UOB FinlabminorStrategic or Co-development PartnerInnovation accelerator program by UOB supporting fintech and business transformation startups.
• German AcceleratorminorStrategic or Co-development PartnerProgram supporting German startups in scaling internationally, with Decacorn as a partner in the ecosystem.
• Latin LeapminorStrategic or Co-development PartnerStartup ecosystem partner supporting Latin American startups in international expansion.
• Orbit StartupsminorStrategic or Co-development PartnerAccelerator program partner supporting startup growth and international scaling.
• Palo Alto ConnectminorStrategic or Co-development PartnerProgram connecting startups with Silicon Valley ecosystem and resources.
• Plug & PlayminorStrategic or Co-development PartnerGlobal innovation platform and accelerator with Decacorn as ecosystem partner.
• SGInnovateminorStrategic or Co-development PartnerSingapore-based investment firm focused on Deep Tech, partner in Decacorn's ecosystem.
• Phy Law CorpminorImplementation/ SI/ Consulting PartnerLegal services partner providing intellectual property and corporate law support.
• Amazon Web ServicesminorGTM or Marketing PartnerCloud infrastructure partner providing free business credits to Decacorn's portfolio companies and SG Founder Grant recipients.
• Google CloudminorGTM or Marketing PartnerCloud infrastructure partner providing free business credits to Decacorn's portfolio companies and SG Founder Grant recipients.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Monk's Hill Ventures: Singapore-anchored early-stage VC backing tech founders across Southeast Asia; comparable to Decacorn's Singapore-centric origination but with SEA rather than US/MENA/CEE coverage.
• Jungle Ventures: Singapore-headquartered early-to-growth VC primarily covering Southeast Asia; competes with Decacorn for Singapore-based founders but with a regional rather than global focus.

Direct peers

• Antler: Global early-stage VC with strong Singapore and emerging-market presence, backing founders 'from day zero' — directly comparable founder-first, cross-border model to Decacorn.
• Wavemaker Partners: Early-stage VC with dual US-Asia presence and a sector-agnostic tech mandate closely overlapping Decacorn's cross-border thesis across Singapore, LA, and Bangkok.
• SOSV: Multi-stage global VC with deep focus on deep tech, climate, and life sciences; Decacorn's listed financial partner, indicating direct ecosystem overlap and comparable thesis breadth.
• SGInnovate: Singapore-based deep tech investor focused on AI, quantum, and advanced manufacturing; both a listed Decacorn partner and a direct competitor for the same Singapore-anchored deep tech deal flow.
• 500 Global: Global early-stage VC with multi-region accelerator model, investing across diverse geographies and tech verticals — directly comparable to Decacorn's cross-border, sector-diversified strategy.

Broad incumbents

• Sequoia Capital: Global tier-1 VC operating across geographies and stages; competes with Decacorn for the same Singapore and cross-border deep tech founders but at vastly greater scale and brand.
• Plug and Play: Global innovation platform and accelerator with multi-vertical corporate VC activity; listed Decacorn partner and a much larger incumbent operating comparable ecosystem-and-capital support across geographies.

Others

• German Accelerator: Program supporting German and CEE-adjacent startups in international scaling; listed Decacorn ecosystem partner and a peer in the cross-border founder-support layer rather than a direct capital competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/DecacornVC
• YouTubeyoutube.com/@DecacornCapital
• LinkedInlinkedin.com/company/decacorn-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments59 records

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

Frequently asked questions about Decacorn Capital