DeClout Ventures, a wholly-owned subsidiary of DeClout, was incorporated in 2016.
The company started as a two-tier platform comprising incubation and fund-raising facilitation for start-ups and growth enterprises. The incubation tier focuses on leveraging the Group’s business network, domain expertise as well as industry knowledge and know-how to create a next-generation business accelerator which can value-add to the start-ups. The fund-raising facilitation tier works on initiatives with government bodies and like-minded partners to allow greater access to financing and investments for the enterprises.
Through DeClout Ventures, the group seeks to identify complementary opportunities that are synergistic to the Group, bolting on new competencies and leveraging on the market trends. DeClout Ventures primarily focuses on disruptive start-ups in the digital and data sphere, including data analytics, smart logistics, fintech and cybersecurity.
On September 30 2018, DeClout Ventures made its maiden investment in video analytics specialist firm Vi Dimensions Pte. Ltd. View PDF here.
In February 2020, DeClout Ventures also invested in ICHX Technologies (iSTOX), a blockchain Capital Markets platform that offers issuance, settlement, custody, and secondary trading of digitised securities.
DeClout has been appointed as a Startup SG Founder Accredited Mentor Partner (“AMP Scheme”) since May 2019. Read more at https://www.startupsg.net/programmes/4894/startup-sg-founder/accredited-mentor-partners.
DeClout Ventures is also an official AWS Activate provider as of March 2020. This means that start-ups invested by DeClout can apply for the AWS Activate program which provides resources and credits designed to help start-ups get started on using AWS services.