Kejora Ventures
About Kejora Ventures
The firm operates as Kejora Capital in several directories and on its LinkedIn page. PitchBook lists it as founded in 2014 and formerly known as Mountain SEA Ventures. Andy Zain is named as founder and managing partner, and Sebastian Togelang as founding partner. Tracxn counts a team of 25 with three partners. Sources disagree on headquarters: PitchBook lists a Jakarta office, while Tracxn places the firm primarily in Singapore. For funds, e27 reported a first close of Kejora Star Capital II at about one-third of a US$80 million target. Fi.co says the firm has over US$600 million in assets under management across its funds. A US$30 million early-stage vehicle, the SBI Kejora Orbit Fund I, was formed with SBI Holdings.
Public sources show AI exposure through individual companies rather than an AI-only mandate. The firm's best-documented AI holding is QANDA (Mathpresso), where the firm's LinkedIn page reports an US$8 million investment from KT Corporation to build an education-focused AI model for personalized learning. Tracxn describes Graas as an AI-based analytics provider for e-commerce businesses. I found no public AI-specific fund or AI-dedicated partner.
Fi.co quotes the firm as investing from pre-Series A through growth. Ellty lists a seed-to-growth focus with a check size of about US$1 million to US$4 million, and SuperScout lists US$1 million to US$30 million. These are third-party estimates. The firm has not published check sizes in the sources I found.
- QANDA (Mathpresso): AI education platform; reported US$8 million round led by KT Corporation, year not shown in the source
- Graas: AI-based analytics for e-commerce businesses; round not public in the sources found
- pitchbook.com/profiles/investor/120200-86
- sg.news.yahoo.com/meet-vc-kejora-ventures-building-us-80million-fund-1
- nationthailand.com/business/30309711
- fi.co/insight/building-a-vc-firm-in-asia-with-kejora-capital
- id.linkedin.com/company/kejorahq
- tracxn.com/d/venture-capital/kejora-capital/__kzTMVOFv7JFZli73M0t_GcPx
- ellty.com/investors/jakarta-seed-investors
- superscout.co/investor/kejora-capital
Investing activity
Kejora Ventures is listed on AI Lounge as a venture capital investor based in Singapore. The deals desk records Series A and later AI rounds and seeds over $10M, so smaller checks may not show here yet.
Deals
Frequently asked questions about Kejora Ventures
When was Kejora Ventures founded?
PitchBook and other directories list the firm as founded in 2014. It was formerly known as Mountain SEA Ventures, and directories also use the name Kejora Capital.
Does Kejora Ventures invest in AI startups?
Yes, in specific cases. Its LinkedIn page reports an US$8 million investment in QANDA (Mathpresso) for an education-focused AI model, and Tracxn lists Graas, an AI analytics company, in its portfolio.
What stages does Kejora Ventures invest in?
Public descriptions cite pre-Series A through growth, and directories list seed rounds among its entry points. Check size estimates vary by source, so confirm terms with the firm directly.
What check size does Kejora Ventures write?
Third-party directories disagree. Ellty lists about US$1 million to US$4 million, and SuperScout lists US$1 million to US$30 million. The firm has not published its own figures in the sources I found.
Where is Kejora Ventures based?
Sources differ. PitchBook lists a Jakarta office, and Tracxn places the firm primarily in Singapore, where Lounge also lists its headquarters.
How can founders reach Kejora Ventures?
Founders on AI Lounge can see Kejora Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Kejora Ventures to their Investor Pipeline to track the conversation.