Artem Ventures

What Artem Ventures does

Artem Ventures is a Malaysia-based venture capital firm founded in 2018 that specializes in early-stage fintech and insurtech investments, with a stated mission of promoting financial inclusion and social security for underserved communities. The firm manages TIM Ventures, a flagship fund targeting fintech and insurtech, and has expanded into adjacent verticals through a RM45 million fund launched in partnership with FWD Group in 2022 (focused on insurtech and Islamic fintech) and a RM100 million Ehsan Semiconductor Fund launched in November 2025 with PNSB Innovation Ventures and Sidec to back semiconductor and AI-chip startups.

The firm's portfolio spans 10+ disclosed companies across fintech (Paywatch Global, MADCash, Ejen2u), healthtech (HealthMetrics, Valiance Health, Equitable Technologies, Sonobee Ultrasound, CaringUp), and the gig economy (Qwork, Kiddocare). Artem complements capital with structured capacity-building programs, including the 10-week PACE Bootcamp (delivered with Google, AWS, Cradle, MDEC, Grab, and Gx Bank) and the 4-day Founders Retreat launched in 2025 in Langkawi. Operating from Kuala Lumpur with a Singapore subsidiary, the firm is led by Managing Partners Ng Sai Kit and Low Zhen Hui, with a six-to-ten-person team. Revenue is generated through fund management fees, potential carried interest from exits, and paid program fees.

Name

Artem Ventures

Legal name

Artem Ventures Sdn Bhd

Website

https://artem.vc

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Artem Ventures is a Malaysia-based early-stage venture capital firm managing TIM Ventures and partner-backed funds (RM45M FWD fund, RM100M Ehsan Semiconductor Fund) to invest in fintech, insurtech, healthtech, and semiconductor startups, while delivering PACE Bootcamp and Founders Retreat capacity-building programs.

Ownership category

akta.pro rank

Product category

Venture Capital / Early-Stage Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

SDG / Thematic Sustainable Investment Funds (FSANAJAN)

akta.pro secondary industry

Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)

Keywords

• Venture capital
• Early-stage investing
• Fintech investments
• Insurtech investments
• Startup accelerator programs

Headquarters

HQ city

Selangor

HQ country

Malaysia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fund Management: Artem Ventures manages TIM Ventures, a fund investing in early-stage fintech and insurtech with the goal of driving financial inclusion and social security for underserved communities. Revenue is generated through management fees and carried interest from successful exits.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

Artem Ventures is a Malaysia-based venture capital firm that manages TIM Ventures, an investment fund targeting early-stage fintech and insurtech companies with a focus on financial inclusion for underserved communities. In addition to capital deployment, the firm offers portfolio support through accelerator programs (PACE Bootcamp), leadership retreats (Founders Retreat), and curated networking and ESG education event series (.Connect, .NET, .Grow, .ESGIgnite).

Product overview

Artem Ventures is a Malaysia-based venture capital firm that manages TIM Ventures, an investment fund targeting early-stage fintech and insurtech companies. The firm supports its portfolio companies through capacity building programs including PACE Bootcamp (a 10-week accelerator), the Founders Retreat (4-day leadership development), and event series (.Connect, .NET, .Grow, .ESGIgnite) focused on networking, ESG education, and operational capability enhancement. Rather than a unified product platform, Artem offers investment management combined with ecosystem support services for entrepreneurs.

Differentiator

Problem solved

Functional benefit

Brands

• PACE by Artem: A comprehensive 10-week training program that empowers entrepreneurs to build a thriving and sustainable ecosystem, catering to innovative SMEs and early-stage startups.
• Founders Retreat
• TIM Ventures

Products and services

• TIM Ventures

Quantifiable outcome

• Top performers may receive term sheets for investment consideration up to RM4 million
• +2 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Sidec (Selangor Information Technology and Digital Economy Corporation)coreStrategic or Co-development Partner · 1 November 2025Sidec partnered with PNSB Innovation Ventures and Artem Ventures to launch the Ehsan Semiconductor Fund targeting semiconductor-related startups in integrated circuit design, AI chips and advanced semiconductor solutions.
• MDEC (Malaysia Digital Economy Corporation)coreStrategic or Co-development Partner · 1 March 2025MDEC is a strategic partner for the Founders Retreat Leadership Development Edition, supporting the event in Langkawi.
• Cradle FundcoreStrategic or Co-development Partner · 1 July 2024Cradle Fund is an ecosystem and technology partner for PACE Bootcamp, supporting startup development and providing resources for program participants.
• MDEC (Malaysia Digital Economy Corporation)coreStrategic or Co-development Partner · 1 July 2024MDEC is a strategic partner for PACE Bootcamp and provides venue support for events like .NET and .Grow workshops, supporting the startup ecosystem.
• AWS (Amazon Web Services)coreTechnology or Integration · 1 July 2024AWS partnered with Artem Ventures for .NET 2023 event and provides cloud expertise and tools for PACE Bootcamp participants.
• GrabminorStrategic or Co-development Partner · 1 July 2024Grab is a strategic partner for PACE Bootcamp, providing ecosystem support and potential mentorship for fintech and technology startups.
• Gx BankminorStrategic or Co-development Partner · 1 July 2024Gx Bank is a strategic partner for PACE Bootcamp, supporting the fintech ecosystem and providing resources for program participants.
• WahedminorStrategic or Co-development Partner · 1 July 2024Wahed is an equity crowdfunding partner for PACE Bootcamp, supporting startup funding and investment opportunities.
• MystartupminorStrategic or Co-development Partner · 1 July 2024Mystartup is an ecosystem partner for PACE Bootcamp, supporting startup ecosystem development.
• MydigitalminorStrategic or Co-development Partner · 1 July 2024Mydigital is a strategic partner for PACE Bootcamp, supporting digital economy development.
• Google (Startups for Sustainable Development)coreStrategic or Co-development PartnerArtem is a partner of Google's Startups for Sustainable Development programme to support high-impact and sustainable startups. Google provides expertise, tools, mentorship, and cloud credits through the PACE Bootcamp.
• Malaysian Venture Capital & Private Equity AssociationminorOthersArtem is a member of the Malaysian Venture Capital & Private Equity Association, providing industry networking and credibility.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• KK Fund: Pan-Asian early-stage VC with explicit fintech and insurtech focus across Southeast Asia. Directly comparable to Artem in stage (pre-seed/seed), vertical focus (financial services for underbanked), and geographic remit (Malaysia, Indonesia, Vietnam).
• Vynn Capital: Malaysia-based early-stage VC focused on fintech, insurtech, and the Muslim economy. Closest direct competitor given shared geography, shared fintech/insurtech thesis, and similar financial-inclusion orientation toward underserved communities.
• Saison Capital: Singapore-headquartered fintech-focused early-stage VC with strong Southeast Asia presence. Comparable in stage, fintech vertical, and underwriting approach to early-stage financial-services founders.
• Cradle Fund: Malaysian government-linked early-stage fund manager under the Ministry of Finance. Direct peer given shared geography, early-stage focus, and an actual ecosystem partner of Artem for PACE Bootcamp — comparable mandate and deal-flow overlap.
• Gobi Partners: Pan-Asian early-stage VC operating the SuperSeed II fund; co-invested with Artem in Valiance Health. Direct peer in stage and SEA geographic focus, with a similarly broad vertical mandate including healthtech.

Broad incumbents

• Wavemaker Partners: One of the largest early-stage VC firms in Southeast Asia with USD 700M+ AUM. Broader incumbent operating across sectors and geographies — overlaps with Artem in early-stage SEA fintech/healthtech but at significantly larger scale.
• Antler: Global early-stage VC with strong Southeast Asia presence in Singapore and Malaysia. Comparable at the pre-seed and day-zero stage (similar to PACE Bootcamp) but operates across all verticals, not fintech-specialized.
• Golden Gate Ventures: Singapore-based early-stage VC investing across Southeast Asia. Comparable stage and geography but broader sector mandate including consumer, SaaS, and enterprise beyond fintech/insurtech.
• 500 Global: Global early-stage accelerator/VC with active Southeast Asia operations and fintech cohort programs. Comparable in early-stage, founder-development approach (akin to PACE), but at vastly larger scale and global footprint.

Regional players

• Ficus Capital: Malaysia-based early-stage VC focused on tech-enabled SMEs and impact investing. Regional peer with comparable geographic focus and financial-inclusion/ESG orientation, though with somewhat later stage typical investments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/artem-ventures

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments20 records

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

Frequently asked questions about Artem Ventures