Orvel
Finding the diamond in the rough early
Orvel's mission is identifying high-potential early-stage companies in the challenging and opaque market of South-East Asia.
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Farquhar Venture Capital
Our Values
Network-Driven Investment
Orvel leverages a deep and robust angel investor network to source high-quality early-stage deals, which provides a significant edge in the opaque and challenging SEA market.
Structured Assessment and Value-Add Process
Orvel employs a rigorous, structured assessment process led by experienced professionals. This includes thorough market analysis, a focus on positive unit economics, and a clear path to profitability, ensuring well-founded investment decisions.
Strategic Deployment and Returns Strategy
Orvel has a well-defined deployment strategy with staged investments, allowing for double and triple-down investments in top-performing startups. This strategy maximizes returns and supports companies through various growth stages, ensuring both the firm's and its investors' interests are aligned for long-term success.
Our Story
The Challenge
Southeast Asia (SEA) offers immense potential, but early-stage venture capital (VC) investing in the region is complex and opaque. Founders often rely on trusted networks to raise initial funds, making it hard for investors to identify high-potential startups. Traditional incubators often lack the necessary operational expertise and network connections. The main challenge is finding and supporting promising early-stage companies.
Orvel Event 1
The Birth of Orvel
Orvel was founded by experienced investors and operators to address these challenges. With a deep understanding of the SEA market, the team leverages extensive networks and structured assessment processes to discover and support promising early-stage technology companies.
Orvel Event 2
Philosophy and Approach
Orvel believes that successful early-stage investing requires understanding emerging markets, business model flexibility, and founder quality. By focusing on these factors and providing value-add support, Orvel helps startups navigate the challenging early stages of development.
The Challenge
Southeast Asia (SEA) offers immense potential, but early-stage venture capital (VC) investing in the region is complex and opaque. Founders often rely on trusted networks to raise initial funds, making it hard for investors to identify high-potential startups. Traditional incubators often lack the necessary operational expertise and network connections. The main challenge is finding and supporting promising early-stage companies.
The Birth of Orvel
Orvel was founded by experienced investors and operators to address these challenges. With a deep understanding of the SEA market, the team leverages extensive networks and structured assessment processes to discover and support promising early-stage technology companies.
Philosophy and Approach
Orvel believes that successful early-stage investing requires understanding emerging markets, business model flexibility, and founder quality. By focusing on these factors and providing value-add support, Orvel helps startups navigate the challenging early stages of development.
Orvel Event 1
Orvel Event 2
Investment Thesis
Orvel's investment thesis is built on the foundation of identifying and nurturing high-potential early-stage technology companies in the rapidly evolving markets of Southeast Asia (SEA). The firm leverages its extensive network, structured assessment, and value-add processes to discover and support startups poised to become market leaders in key sectors driving future economic growth.
Health-tech & Life-sciences
Health-tech & Life-sciences
Innovations in healthcare and life sciences, such as telemedicine, biotech, and digital health solutions that improve patient outcomes and streamline healthcare delivery.
Consumer Sustainability
Consumer Sustainability
Products and services that promote sustainable consumer behaviors, including eco-friendly goods, sustainable supply chains, and technologies that reduce environmental impact.
Founder Quality
Founder Quality
Investment decisions emphasize the importance of founder quality. Orvel looks for teams with complementary skills, a strong and calm mindset, and preferably backgrounds as operators or second-time founders. The ability to adapt and pivot is highly valued, as early-stage business models may still be evolving.
Scalable Go-To-Market Strategies
Scalable Go-To-Market Strategies
Southeast Asia (SEA) offers immense potential, but early-stage venture capital (VC) investing in the region is complex and opaque. Founders often rely on trusted networks to raise initial funds, making it hard for investors to identify high-potential startups. Traditional incubators often lack the necessary operational expertise and network connections. The main challenge is finding and supporting promising early-stage companies.
Future of Finance
Future of Finance
Financial technology (fintech) solutions that enhance financial services, including payment processing, digital banking, personal finance management, and blockchain applications.
Future of Work & Learning
Future of Work & Learning
Technologies and platforms that are transforming the workplace and educational environments, including e-learning platforms, and workforce management solutions.
Market Opportunity
Market Opportunity
Orvel assesses the Serviceable Addressable Market (SAM) to ensure there is a significant and realistic market opportunity for the company's product or service. This focus helps ensure that the target market can support substantial growth.
Focus on Early-Stage Companies
Focus on Early-Stage Companies
Orvel primarily targets pre-Seed and Seed-stage companies. These companies are at the early stages of development, often with innovative ideas that have the potential to disrupt existing markets or create entirely new ones.
Track Record
Zi.Care
Electronic Medical Records system to digitize Indonesia's healthcare system. Zi.Care partners with large religious organizations and banks to acquire hospitals quickly.
Co-Investors:
Iterative
Greenwillow
Telkomsel
Ringkas
Providing Indonesian homebuyers with a single form for their mortgage application with the goal to become a mortgage bank and marketplace in the future.
Co-Investors:
Ciputra
500
6
Last Ventures
hdmall
Thai Healthcare marketplace with telemedicine, e-pharmacy and a newly launched elective surgery product line.
Co-Investors:
M Venture Partners
Partech
AC Ventures
iSeed Sea
Tiger New Energy
Building a battery ecosystem for Bangladesh with advanced battery manufacturing and a battery swapping network.
Co-Investors:
Iterative
wavemaker
Innowave Tech
Leveraging Al to increase detection efficiency of defects in semiconductor production.
Co-Investors:
biofourmis
Our Team
General and Operational Partners
Milan Reinartz
Milan Reinartz
Co-Founder & Assessment Committee
Connect
Mohan Belani
Mohan Belani
Co-Founder & Investment Committee
Connect
Cheng Wei Ng
Cheng Wei Ng
Co-Founder & COO
Connect
Jason Su
Jason Su
Fund Manager & Investment Committee
Connect
Jeremy Au
Jeremy Au
Co-Founder & Assessment Committee
Connect
Venture Partners
Carlos Otermin
Carlos Otermin
Venture Partner, Philippines
Connect
Arya Setiadharma
Arya Setiadharma
Venture Partner, Indonesia
Connect
Andrew Cefai
Andrew Cefai
Venture Partner, Fintech, Hospotech & Martech
Connect